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Annual accounts 2025
micro format, filed on 10-07-2026, 21 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 ≈ €400,000. Estimated: probably between €300,000 and €790,000.
Balance sheet
balance sheet total €140,952 on 31-12-2025in euro
in euro
Position in the sector
1.5%
Higher than 14% of 8,614 companies in 2025.
0.69
Higher than 15% of 8,290 companies in 2025.
106.5%
Higher than 95% of 8,399 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
140,952 | 244,036 | 207,350 | 209,137 | 164,283 | 263,842 | 201,202 | 159,477 | 137,653 | 194,244 | |
21/28 |
47,534 | 61,345 | 96,160 | 21,214 | 17,012 | 16,613 | 18,126 | 17,879 | 14,670 | 17,908 | |
22/27 |
47,534 | 61,345 | 96,160 | 21,214 | 17,012 | 16,613 | 18,126 | 17,879 | 14,670 | 17,908 | |
22 |
- | 0 | 5,877 | 4,654 | 6,043 | 7,431 | 8,820 | 10,209 | 8,060 | 9,095 | |
23 |
2,343 | 1,878 | 3,630 | 4,306 | 5,014 | 3,740 | 4,132 | 4,695 | 6,609 | 8,813 | |
24 |
45,191 | 59,467 | 86,653 | 12,254 | 5,955 | 5,442 | 5,174 | 2,975 | - | - | |
29/58 |
93,418 | 182,691 | 111,190 | 187,923 | 147,271 | 247,229 | 183,076 | 141,599 | 122,983 | 176,336 | |
29 |
- | - | - | - | - | 29,000 | 40,000 | 40,000 | 40,000 | - | |
291 |
- | - | - | - | - | 29,000 | 40,000 | 40,000 | 40,000 | - | |
40/41 |
46,849 | 74,321 | 55,214 | 61,376 | 84,928 | 39,113 | 39,321 | 82,559 | 25,330 | 47,016 | |
40 |
46,564 | 60,812 | 53,519 | 60,862 | 84,129 | 24,355 | 23,743 | 68,203 | 20,328 | 43,651 | |
41 |
285 | 13,508 | 1,694 | 514 | 799 | 14,758 | 15,578 | 14,356 | 5,002 | 3,365 | |
50/53 |
5,000 | 5,000 | 5,000 | 61,960 | 51,221 | - | - | - | - | - | |
54/58 |
35,360 | 93,263 | 39,931 | 60,939 | 5,928 | 170,957 | 93,540 | 15,527 | 55,211 | 127,472 | |
490/1 |
6,209 | 10,107 | 11,045 | 3,648 | 5,194 | 8,158 | 10,216 | 3,513 | 2,442 | 1,848 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
140,952 | 244,036 | 207,350 | 209,137 | 164,283 | 263,842 | 201,202 | 159,477 | 137,653 | 194,244 | |
10/15 |
2,164 | 183,980 | 60,459 | 182,746 | 147,045 | 111,754 | 176,371 | 153,104 | 109,651 | 86,805 | |
10/11 |
2,100 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
64 | 165,380 | 41,859 | 164,146 | 128,445 | 93,154 | 170,171 | 146,904 | 49,706 | 26,860 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | |
132 |
- | - | - | - | - | 149 | 149 | 149 | - | - | |
133 |
64 | 165,380 | 41,859 | 164,146 | 126,585 | 91,145 | 168,162 | 144,896 | 47,846 | 25,000 | |
14 |
0 | 0 | 0 | - | - | - | - | - | 53,746 | 53,745 | |
17/49 |
138,788 | 60,056 | 146,891 | 26,391 | 17,238 | 152,088 | 24,831 | 6,373 | 28,001 | 107,439 | |
17 |
3,393 | 23,325 | 42,542 | - | - | - | - | - | - | - | |
170/4 |
3,393 | 23,325 | 42,542 | - | - | - | - | - | - | - | |
42/48 |
135,395 | 36,730 | 104,349 | 26,391 | 17,238 | 152,088 | 24,831 | 6,373 | 28,001 | 106,357 | |
42 |
22,469 | 19,217 | 18,527 | - | - | - | - | - | - | - | |
44 |
565 | 5,216 | 198 | 4,049 | 2,358 | 796 | - | 1,184 | 2,628 | 1,916 | |
440/4 |
565 | 5,216 | 198 | 4,049 | 2,358 | 796 | - | 1,184 | 2,628 | 1,916 | |
46 |
0 | 913 | - | - | - | - | - | - | - | - | |
45 |
9,930 | 11,384 | 13,624 | 22,342 | 13,201 | 4,223 | 3,402 | 5,189 | 25,373 | 70,870 | |
450/3 |
9,930 | 11,384 | 13,624 | 22,342 | 13,201 | 4,223 | 3,402 | 5,189 | 25,373 | 70,870 | |
47/48 |
102,432 | 0 | 72,000 | - | 1,679 | 147,069 | 21,429 | - | - | 33,571 | |
492/3 |
- | - | - | - | - | - | - | - | - | 1,082 | |
| Income statement | |||||||||||
9900 |
214,664 | 187,592 | 190,484 | 188,590 | 108,456 | 92,392 | 83,627 | 61,762 | 41,337 | 186,360 | |
630 |
19,704 | 25,490 | 25,113 | 5,563 | 5,092 | 6,176 | 5,844 | 4,480 | 3,238 | 3,458 | |
631/4 |
0 | -16,000 | - | - | - | - | 16,000 | - | - | - | |
640/8 |
3,065 | 1,685 | 4,513 | 1,871 | 1,379 | 1,362 | 4,043 | 859 | 496 | 509 | |
66A |
0 | 12,257 | - | - | - | - | - | - | - | - | |
9901 |
191,895 | 164,160 | 160,858 | 181,157 | 101,985 | 84,853 | 57,740 | 56,423 | 37,603 | 182,393 | |
75/76B |
0 | 249 | 186 | 471 | 5,548 | - | - | - | 352 | 3 | |
75 |
0 | 249 | 186 | 471 | 5,548 | - | - | - | 352 | 3 | |
65/66B |
2,154 | 2,416 | 8,267 | 588 | 2,463 | 489 | 655 | 757 | 666 | 1,349 | |
65 |
2,154 | 2,416 | 8,267 | 588 | 2,463 | 489 | 655 | 757 | 666 | 1,349 | |
9903 |
189,741 | 161,992 | 152,777 | 181,039 | 105,070 | 84,364 | 57,085 | 55,666 | 37,290 | 181,047 | |
67/77 |
39,677 | 38,471 | 42,063 | 42,338 | 26,779 | 17,852 | 12,390 | 12,213 | 14,444 | 66,871 | |
9904 |
150,064 | 123,521 | 110,714 | 138,701 | 78,291 | 66,512 | 44,695 | 43,453 | 22,846 | 114,176 | |
789 |
- | - | - | - | 149 | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 149 | - | - | |
9905 |
150,064 | 123,521 | 110,714 | 138,701 | 78,440 | 66,512 | 44,695 | 43,304 | 22,846 | 114,176 | |
| Appropriation of the result | |||||||||||
9906 |
150,064 | 123,521 | 110,714 | 138,701 | 78,440 | 66,512 | 44,695 | 97,050 | 76,591 | 114,176 | |
791/2 |
165,380 | 0 | 161,000 | 103,000 | 43,000 | 77,017 | - | - | - | - | |
691/2 |
64 | 123,521 | 38,714 | 138,701 | 78,440 | - | 23,267 | 97,050 | 22,846 | 26,860 | |
6920 |
- | 0 | 38,714 | - | - | - | - | - | - | 1,860 | |
6921 |
64 | 123,521 | 0 | 138,701 | 78,440 | - | 23,267 | 97,050 | 22,846 | 25,000 | |
694/7 |
315,380 | 0 | 233,000 | 103,000 | 43,000 | 143,529 | 21,429 | - | - | 33,571 | |
694 |
315,380 | 0 | 233,000 | 103,000 | 43,000 | 143,529 | 21,429 | - | - | 33,571 | |
| Document | |||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
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 | 10-07-2026 | 2026-00280012 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00250634 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00222751 | |
| 31-12-2022 | micro format | 07-06-2023 | 2023-00111729 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20388499 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39700265 | |
| 31-12-2019 | micro format | 12-06-2020 | 2020-16700403 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-44300225 | |
| 31-12-2017 | micro format | 10-08-2018 | 2018-44800059 | |
| 31-12-2016 | abbreviated format | 04-09-2017 | 2017-60000234 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 211,599 | 189,650 | 185,971 | 186,720 | 107,077 | 91,029 | 63,584 | 60,903 | 40,841 | 185,851 | ||
| 169,768 | 149,011 | 135,827 | 144,264 | 83,384 | 72,688 | 50,539 | 47,933 | 26,084 | 117,634 | ||
| 5,893 | 612 | 100,059 | 9,765 | 5,711 | 4,664 | 6,090 | 7,689 | 0 | 21,366 | ||
| -57,903 | 53,332 | -21,008 | 55,012 | -165,029 | 77,417 | 78,013 | -39,685 | -72,261 | - | ||
| -41,977 | 145,960 | 6,842 | 161,532 | 130,033 | 95,140 | 158,245 | 135,225 | 94,982 | 69,979 | ||
| 1.5% | 75.4% | 29.2% | 87.4% | 89.5% | 42.4% | 87.7% | 96.0% | 79.7% | 44.7% | ||
| 0.69 | 4.97 | 1.07 | 7.12 | 8.54 | 1.63 | 7.37 | 22.22 | 4.39 | 1.66 | ||
| 64.14 | 0.33 | 2.43 | 0.14 | 0.12 | 1.36 | 0.14 | 0.04 | 0.26 | 1.24 | ||
| - | 67.1% | 183.1% | 75.9% | 53.2% | 59.5% | 25.3% | 28.4% | 20.8% | 131.5% | ||
| 106.5% | 50.6% | 53.4% | 66.3% | 47.7% | 25.2% | 22.2% | 27.2% | 16.6% | 58.8% | ||
| 98.25 | 78.48 | 22.49 | over 100 | 43.48 | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €140,952, equity €2,164).
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 | €5,893 | €612 | €100,059 | €9,765 | €5,711 |
| €19,704 | €25,490 | €25,113 | €5,563 | €5,092 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on 2GetThere
The operating result for 2025 is 17% higher than in 2024 and the highest since 2016. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 24.6% to 98.5%. Equity is lower and debt is higher.