A+
Annual accounts 2025
micro format, filed on 30-01-2026, 1 day 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 ≈ €540,000. Estimated: probably between €260,000 and €990,000.
Balance sheet
balance sheet total €580,933 on 30-06-2025in euro
in euro
Position in the sector
97.1%
Higher than 95% of 13,807 companies in 2025.
6.30
Higher than 86% of 13,189 companies in 2025.
12.5%
Higher than 73% of 13,367 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 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
580,933 | 568,553 | 502,536 | 289,462 | 293,571 | 289,224 | |
21/28 |
475,678 | 453,307 | 271,885 | 268,380 | 272,183 | 269,630 | |
22/27 |
384,152 | 361,781 | 183,787 | 184,880 | 185,973 | 184,419 | |
22 |
335,454 | 335,504 | 182,300 | 182,300 | 182,300 | 182,300 | |
23 |
48,698 | 26,277 | 1,246 | 1,712 | 2,178 | 1,578 | |
24 |
- | - | 241 | 867 | 1,494 | 541 | |
28 |
91,526 | 91,526 | 88,098 | 83,500 | 86,211 | 85,211 | |
29/58 |
105,255 | 115,246 | 230,651 | 21,082 | 21,387 | 19,594 | |
40/41 |
4,926 | 109,749 | 85,561 | 6,997 | 9,838 | 136 | |
40 |
742 | 21,474 | - | 1,760 | 8,375 | 70 | |
41 |
4,184 | 88,275 | 85,561 | 5,237 | 1,463 | 66 | |
54/58 |
100,329 | 5,498 | 145,090 | 14,086 | 11,549 | 19,458 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
580,933 | 568,553 | 502,536 | 289,462 | 293,571 | 289,224 | |
10/15 |
564,222 | 531,602 | 435,082 | 279,854 | 287,372 | 284,372 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
545,622 | 513,002 | 416,482 | 261,254 | 268,772 | 265,772 | |
130/1 |
50 | 50 | 50 | 50 | 50 | 50 | |
1311 |
50 | 50 | 50 | 50 | 50 | - | |
1319 |
- | - | - | - | - | 50 | |
133 |
545,572 | 512,952 | 416,432 | 261,204 | 268,722 | 265,722 | |
17/49 |
16,711 | 36,951 | 67,454 | 9,608 | 6,198 | 4,852 | |
42/48 |
16,711 | 36,951 | 67,454 | 9,608 | 6,198 | 4,852 | |
44 |
1,128 | 1,228 | 4,251 | 3,118 | 1,585 | 2,257 | |
440/4 |
1,128 | 1,228 | 4,251 | 3,118 | 1,585 | 2,257 | |
46 |
- | 21,428 | 21,428 | - | - | - | |
45 |
4,174 | 2,777 | 39,776 | 6,490 | 3,279 | 989 | |
450/3 |
4,174 | 2,777 | 39,776 | 6,490 | 3,279 | 989 | |
47/48 |
11,410 | 11,519 | 1,999 | - | 1,334 | 1,605 | |
| Income statement | |||||||
9900 |
107,824 | 178,683 | 276,576 | 668 | 4,785 | 143,548 | |
62 |
1,600 | 1,280 | - | - | - | - | |
630 |
3,437 | 7,407 | 1,093 | 1,093 | 1,007 | 24,094 | |
640/8 |
1,923 | 1,325 | 1,120 | 3,300 | 493 | 600 | |
9901 |
100,864 | 168,671 | 274,363 | -3,726 | 3,284 | 118,854 | |
75/76B |
13,474 | 5 | 30 | 572 | 55 | 1 | |
75 |
13,474 | 5 | 30 | 3 | 55 | 1 | |
76B |
- | - | - | 569 | - | - | |
65/66B |
74 | 311 | 58 | 4,365 | 64 | 636 | |
65 |
74 | 311 | 58 | 165 | 64 | 136 | |
66B |
- | - | - | 4,200 | - | 500 | |
9903 |
114,265 | 168,365 | 274,335 | -7,518 | 3,275 | 118,219 | |
67/77 |
41,645 | 31,845 | 79,107 | - | 275 | 29,309 | |
9904 |
72,620 | 136,521 | 195,228 | -7,518 | 3,000 | 88,910 | |
9905 |
72,620 | 136,521 | 195,228 | -7,518 | 3,000 | 88,910 | |
| Appropriation of the result | |||||||
9906 |
72,620 | 136,521 | 195,228 | -7,518 | 3,000 | 88,910 | |
791/2 |
40,000 | 40,000 | 40,000 | 7,518 | - | - | |
691/2 |
72,620 | 136,521 | 195,228 | - | 3,000 | 88,910 | |
6921 |
72,620 | 136,521 | 195,228 | - | 3,000 | 88,910 | |
694/7 |
40,000 | 40,000 | 40,000 | - | - | - | |
694 |
40,000 | 40,000 | 40,000 | - | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00032467 | |
| 30-06-2024 | micro format | 28-01-2025 | 2025-00016729 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00023368 | |
| 30-06-2022 | micro format | 12-12-2022 | 2022-20539056 | |
| 30-06-2021 | micro format | 07-02-2022 | 2022-05200331 | |
| 30-06-2020 | micro format | 22-02-2021 | 2021-05800372 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 104,301 | 176,078 | 275,456 | -2,633 | 4,292 | 142,948 | ||
| 76,057 | 143,927 | 196,321 | -6,426 | 4,007 | 113,004 | ||
| 25,808 | 183,081 | 4,598 | -2,711 | 3,561 | 291,297 | ||
| 94,832 | -139,593 | 131,004 | 2,537 | -7,908 | - | ||
| 88,544 | 78,295 | 163,197 | 11,474 | 15,189 | 14,742 | ||
| 97.1% | 93.5% | 86.6% | 96.7% | 97.9% | 98.3% | ||
| 6.30 | 3.12 | 3.42 | 2.19 | 3.45 | 4.04 | ||
| 0.03 | 0.07 | 0.16 | 0.03 | 0.02 | 0.02 | ||
| 12.9% | 25.7% | 44.9% | -2.7% | 1.0% | 31.3% | ||
| 12.5% | 24.0% | 38.8% | -2.6% | 1.0% | 30.7% | ||
| over 100 | over 100 | over 100 | -15.95 | - | - |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €25,808 | €179,653 | - | - |
| Financial fixed assets | - | €3,428 | €4,598 | - |
| €3,437 | €7,407 | €1,093 | €1,093 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on A+
The operating result for 2025 is 40% 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 6.5% to 2.9%. Equity is higher and debt is lower.