Equity
Equity fell in 2025 from €113,322 to €50,477.
Equity fell in 2025 from €113,322 to €50,477.
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
The 2024 accounts came 5 days late. The other two were filed on time.
Inactive. The last annual accounts are for financial year 2025. The company was dissolved and wound up in a single deed. No liquidator was appointed. The books and records are kept in Roosdaal.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
50,559 | 113,882 | 457,529 | |
Fixed assets21/28 |
- | 460 | 196,912 | |
Tangible fixed assets22/27 |
- | 460 | 712 | |
Furniture and vehicles24 |
- | 460 | 712 | |
Financial fixed assets28 |
- | - | 196,200 | |
Current assets29/58 |
50,559 | 113,422 | 260,616 | |
Amounts receivable within one year40/41 |
290 | 8,278 | 116,453 | |
Trade receivables40 |
- | 6,630 | 11,008 | |
Other amounts receivable41 |
290 | 1,648 | 105,445 | |
Cash at bank and in hand54/58 |
50,269 | 105,143 | 110,782 | |
Deferred charges and accrued income490/1 |
- | 1 | 33,381 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
50,559 | 113,882 | 457,529 | |
Equity10/15 |
50,477 | 113,322 | 267,980 | |
Contributions10/11 |
6,200 | 6,200 | 6,200 | |
Reserves13 |
502,952 | 502,952 | 502,952 | |
Non-distributable reserves130/1 |
1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
1,860 | 1,860 | 1,860 | |
Distributable reserves133 |
501,092 | 501,092 | 501,092 | |
Profit (loss) carried forward14 |
-262,651 | -259,343 | -241,172 | |
Advance to shareholders on the distribution of net assets19 |
196,024 | 136,487 | - | |
Amounts payable17/49 |
82 | 560 | 189,549 | |
Amounts payable within one year42/48 |
82 | 560 | 189,549 | |
Trade debts44 |
- | - | 239 | |
Suppliers440/4 |
- | - | 239 | |
Taxes, remuneration and social security45 |
82 | 560 | 163 | |
Taxes450/3 |
82 | 560 | 163 | |
Other amounts payable47/48 |
- | - | 189,148 | |
| Income statement | ||||
Gross operating margin9900 |
-2,610 | 152 | -8,823 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 153 | 455 | |
Other operating charges640/8 |
57 | 55 | 205 | |
Non-recurring operating charges66A |
460 | 44 | - | |
Operating profit (loss)9901 |
-3,128 | -100 | -9,483 | |
Financial income75/76B |
3 | 104,000 | - | |
Recurring financial income75 |
3 | - | - | |
Non-recurring financial income76B |
- | 104,000 | - | |
Financial charges65/66B |
184 | 122,071 | 137 | |
Recurring financial charges65 |
184 | 99 | 137 | |
Non-recurring financial charges66B |
- | 121,972 | - | |
Profit (loss) for the period before taxes9903 |
-3,308 | -18,171 | -9,621 | |
Income taxes67/77 |
- | - | 163 | |
Profit (loss) for the period9904 |
-3,308 | -18,171 | -9,783 | |
Profit (loss) for the period to be appropriated9905 |
-3,308 | -18,171 | -9,783 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
-262,651 | -259,343 | -241,172 | |
Profit (loss) brought forward from the previous period14P |
-259,343 | -241,172 | -231,389 | |
| Document | ||||
The notes to these accounts have 4 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 30-01-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | - | 53 | -9,029 | |
| Cash flow | - | -18,018 | -9,329 | |
| Investment in fixed assets (approximation) | - | -196,299 | - | |
| Change in cash | -54,874 | -5,639 | - | |
| Working capital | 50,477 | 112,862 | 71,067 | |
| Solvency | 99.8% | 99.5% | 58.6% | |
| Current ratio | - | - | 1.37 | |
| Debt to equity | 0.00 | 0.00 | 0.71 | |
| ROE | -6.6% | -16.0% | -3.7% | |
| ROA | -6.5% | -16.0% | -2.1% | |
| Interest coverage | - | 0.54 | -65.74 |
A ratio outside any meaningful range has been withheld (balance sheet total €50,559, equity €50,477).
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.
The operating result for 2025 is a loss of €3,128, larger than the loss of €100 in 2024.
Debt's share of the balance-sheet total falls from 0.5% to 0.2%. Equity and debt are lower.
Source: list of holdings in its own 31-10-2023 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2021, in their own currency.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-05-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
2XPLANE is no longer in the KBO register.
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