2BEARS
Annual accounts 2025
micro format, filed on 29-06-2026, 32 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 ≈ €180,000. Estimated: probably between €140,000 and €250,000.
Balance sheet
balance sheet total €126,688 on 31-12-2025in euro
in euro
Position in the sector
68.8%
Higher than 66% of 12,247 companies in 2025.
3.20
Higher than 67% of 11,952 companies in 2025.
53.9%
Higher than 93% of 12,047 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
126,688 | 26,057 | |
29/58 |
126,688 | 26,057 | |
40/41 |
9,257 | 1,263 | |
40 |
9,257 | 1,090 | |
41 |
- | 173 | |
54/58 |
116,541 | 24,794 | |
490/1 |
890 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
126,688 | 26,057 | |
10/15 |
87,139 | 18,856 | |
10/11 |
5,000 | 5,000 | |
13 |
82,139 | 13,856 | |
133 |
82,139 | 13,856 | |
17/49 |
39,548 | 7,201 | |
42/48 |
39,548 | 7,201 | |
44 |
6,503 | 313 | |
440/4 |
6,503 | 313 | |
45 |
32,496 | 3,473 | |
450/3 |
26,496 | 3,473 | |
454/9 |
6,000 | - | |
47/48 |
550 | 3,415 | |
| Income statement | |||
9900 |
86,080 | 17,335 | |
9901 |
86,080 | 17,335 | |
65/66B |
126 | 6 | |
65 |
126 | 6 | |
9903 |
85,954 | 17,329 | |
67/77 |
17,671 | 3,473 | |
9904 |
68,283 | 13,856 | |
9905 |
68,283 | 13,856 | |
| Appropriation of the result | |||
9906 |
68,283 | 13,856 | |
691/2 |
68,283 | 13,856 | |
6921 |
68,283 | 13,856 | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 91,747 | - | ||
| 87,139 | 18,856 | ||
| 68.8% | 72.4% | ||
| 3.20 | 3.62 | ||
| 0.45 | 0.38 | ||
| 78.4% | 73.5% | ||
| 53.9% | 53.2% |
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.
Insights on 2BEARS
The operating result for 2025 is nearly 5 times that of 2024.
Debt's share of the balance-sheet total rises from 27.6% to 31.2%. Equity and debt are higher.