2ACTIVATE
Annual accounts 2025
micro format, filed on 11-05-2026, 81 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €280,000 and €640,000.
Balance sheet
balance sheet total €399,633 on 31-12-2025in euro
in euro
Position in the sector
63.9%
Higher than 58% of 2,302 companies in 2025.
1.57
Higher than 38% of 2,199 companies in 2025.
29.6%
Higher than 71% of 2,233 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
399,633 | 430,407 | 766,799 | 450,728 | 328,959 | 277,106 | 205,237 | |
21/28 |
173,485 | 181,313 | 181,193 | 178,973 | 163,954 | 167,980 | 172,125 | |
22/27 |
173,485 | 181,313 | 181,193 | 178,973 | 163,954 | 167,980 | 172,125 | |
22 |
168,180 | 173,725 | 179,270 | 177,616 | 162,676 | 166,356 | 171,422 | |
23 |
5,305 | 7,588 | 1,924 | 1,357 | 1,278 | 1,624 | 703 | |
29/58 |
226,148 | 249,094 | 585,606 | 271,755 | 165,004 | 109,126 | 33,112 | |
40/41 |
91,662 | 184,317 | 299,849 | 36,870 | 16,560 | 41,904 | 20,294 | |
40 |
91,662 | 146,322 | 293,118 | 35,548 | 15,836 | 41,530 | 20,294 | |
41 |
- | 37,995 | 6,731 | 1,322 | 724 | 374 | - | |
50/53 |
- | - | 275,000 | - | - | - | - | |
54/58 |
126,312 | 56,401 | 2,827 | 228,379 | 141,854 | 60,631 | 12,105 | |
490/1 |
8,174 | 8,376 | 7,930 | 6,506 | 6,591 | 6,591 | 713 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
399,633 | 430,407 | 766,799 | 450,728 | 328,959 | 277,106 | 205,237 | |
10/15 |
255,551 | 255,551 | 255,551 | 328,548 | 217,548 | 148,614 | 66,845 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | |
14 |
236,951 | 236,951 | 236,951 | 309,948 | 198,948 | 136,214 | 54,445 | |
17/49 |
144,082 | 174,857 | 511,249 | 122,181 | 111,411 | 128,492 | 138,392 | |
42/48 |
144,082 | 174,857 | 511,249 | 122,181 | 111,411 | 128,492 | 138,392 | |
44 |
3,514 | 4,765 | 18,826 | 13,011 | 6,069 | 4,381 | 21,592 | |
440/4 |
3,514 | 4,765 | 18,826 | 13,011 | 6,069 | 4,381 | 21,592 | |
45 |
29,518 | 32,190 | 52,269 | 6,471 | 4,439 | 23,057 | 16,129 | |
450/3 |
29,518 | 32,190 | 52,269 | 6,471 | 4,439 | 23,057 | 16,129 | |
47/48 |
111,050 | 137,901 | 440,153 | 102,698 | 100,903 | 101,054 | 100,671 | |
| Income statement | ||||||||
9900 |
165,798 | 213,260 | 349,839 | 155,016 | 89,688 | 115,472 | 97,936 | |
630 |
9,015 | 7,795 | 5,807 | 5,250 | 4,728 | 6,192 | 26,732 | |
640/8 |
1,905 | 1,448 | 5,325 | 1,646 | 1,544 | 1,246 | 69 | |
9901 |
154,878 | 204,018 | 338,707 | 148,120 | 83,416 | 108,034 | 71,135 | |
75/76B |
181 | 10,129 | - | - | - | 0 | 51 | |
75 |
181 | 10,129 | - | - | - | 0 | 51 | |
65/66B |
3,417 | 3,568 | 8,435 | 5,414 | 4,120 | 4,087 | 1,578 | |
65 |
3,417 | 3,568 | 8,435 | 5,414 | 4,120 | 4,087 | 1,578 | |
9903 |
151,643 | 210,579 | 330,272 | 142,706 | 79,296 | 103,947 | 69,608 | |
67/77 |
33,433 | 48,342 | 78,269 | 31,706 | 16,562 | 22,178 | 15,163 | |
9904 |
118,209 | 162,237 | 252,003 | 111,000 | 62,734 | 81,769 | 54,445 | |
9905 |
118,209 | 162,237 | 252,003 | 111,000 | 62,734 | 81,769 | 54,445 | |
| Appropriation of the result | ||||||||
9906 |
355,160 | 399,187 | 561,951 | 309,948 | 198,948 | 136,214 | 54,445 | |
14P |
236,951 | 236,951 | 309,948 | 198,948 | 136,214 | - | - | |
694/7 |
118,209 | 162,237 | 325,000 | - | - | - | - | |
694 |
118,209 | 162,237 | 325,000 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-05-2026 | 2026-00109627 | |
| 31-12-2024 | micro format | 02-06-2025 | 2025-00129390 | |
| 31-12-2023 | micro format | 06-06-2024 | 2024-00124527 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00184576 | |
| 31-12-2021 | micro format | 23-05-2022 | 2022-20039812 | |
| 31-12-2020 | micro format | 11-05-2021 | 2021-14100447 | |
| 31-12-2019 | micro format | 18-06-2020 | 2020-19200052 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 163,893 | 211,812 | 344,514 | 153,370 | 88,144 | 114,226 | 97,867 | ||
| 127,224 | 170,031 | 257,810 | 116,250 | 67,462 | 87,961 | 81,177 | ||
| 1,187 | 7,914 | 8,027 | 20,269 | 703 | 2,047 | 198,857 | ||
| 69,911 | 53,574 | -225,552 | 86,525 | 81,222 | 48,526 | - | ||
| 82,066 | 74,238 | 74,357 | 149,575 | 53,594 | -19,366 | -105,280 | ||
| 63.9% | 59.4% | 33.3% | 72.9% | 66.1% | 53.6% | 32.6% | ||
| 1.57 | 1.42 | 1.15 | 2.22 | 1.48 | 0.85 | 0.24 | ||
| 0.56 | 0.68 | 2.00 | 0.37 | 0.51 | 0.86 | 2.07 | ||
| 46.3% | 63.5% | 98.6% | 33.8% | 28.8% | 55.0% | 81.4% | ||
| 29.6% | 37.7% | 32.9% | 24.6% | 19.1% | 29.5% | 26.5% | ||
| 47.97 | 59.37 | 40.84 | 28.33 | 21.39 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,187 | €7,914 | €8,027 | €20,269 | €703 |
| €9,015 | €7,795 | €5,807 | €5,250 | €4,728 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on 2ACTIVATE
The operating result for 2025 is 24% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 40.6% to 36.1%. Debt is lower.