A&D
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €28,000. Estimated: probably between €16,000 and €52,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €23,472 on 31-12-2025in euro
in euro
Position in the sector
84.7%
Higher than 93% of 5,753 companies in 2025.
6.35
Higher than 92% of 5,318 companies in 2025.
12.0%
Higher than 69% of 5,362 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom 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 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
23,472 | 22,118 | 18,411 | 16,389 | 15,164 | 24,108 | 21,447 | 24,493 | 19,009 | 20,815 | 22,832 | 17,788 | 18,601 | 15,732 | |
21/28 |
609 | 947 | 1,286 | 1,625 | 2,564 | 3,664 | 4,764 | 6,101 | 3,021 | 3,013 | 4,445 | 7,702 | 11,553 | 15,404 | |
22/27 |
609 | 947 | 1,286 | 1,625 | 2,564 | 3,664 | 4,764 | 6,101 | 3,021 | 3,013 | 4,445 | 7,702 | 11,553 | 15,404 | |
23 |
- | - | - | - | 600 | 1,361 | 2,123 | 3,121 | 1,578 | 1,365 | 1,973 | 2,757 | 4,135 | 15,404 | |
26 |
609 | 947 | 1,286 | 1,625 | 1,964 | 2,302 | 2,641 | 2,980 | 1,443 | 1,649 | 2,473 | 4,946 | 7,418 | - | |
29/58 |
22,863 | 21,170 | 17,125 | 14,764 | 12,600 | 20,445 | 16,684 | 18,393 | 15,988 | 17,802 | 18,387 | 10,086 | 7,048 | 328 | |
40/41 |
18,333 | 17,228 | 15,533 | 14,055 | 5,469 | 10,357 | 11,196 | 11,843 | 15,968 | 17,119 | 18,051 | 9,479 | 6,844 | 16 | |
40 |
565 | 1,581 | 1,500 | 310 | 1,882 | 666 | 1,267 | 1,016 | - | 1,024 | - | 746 | - | - | |
41 |
17,768 | 15,647 | 14,033 | 13,745 | 3,587 | 9,692 | 9,929 | 10,827 | 15,968 | 16,096 | 18,051 | 8,733 | 6,844 | 16 | |
54/58 |
3,600 | 2,855 | 313 | 91 | 6,737 | 9,154 | 4,671 | 5,428 | 20 | 153 | 335 | 607 | 204 | 312 | |
490/1 |
931 | 1,088 | 1,279 | 619 | 394 | 933 | 817 | 1,121 | - | 530 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
23,472 | 22,118 | 18,411 | 16,389 | 15,164 | 24,108 | 21,447 | 24,493 | 19,009 | 20,815 | 22,832 | 17,788 | 18,601 | 15,732 | |
10/15 |
19,874 | 17,180 | 15,451 | 13,626 | 12,676 | 22,026 | 21,082 | 19,922 | 18,782 | 18,635 | 21,240 | 17,332 | 17,036 | 12,905 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 15,400 | 15,400 | 11,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | 3,200 | 3,200 | 7,200 | |
13 |
254 | 254 | 254 | 254 | 254 | 254 | 254 | 196 | 139 | 132 | 132 | 97 | 82 | 75 | |
130/1 |
254 | 254 | 254 | 254 | 254 | 254 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 254 | 196 | 139 | 132 | 132 | 97 | 82 | 75 | |
1311 |
254 | 254 | 254 | 254 | 254 | 254 | - | - | - | - | - | - | - | - | |
14 |
1,019 | -1,675 | -3,403 | -5,228 | -6,178 | 3,172 | 2,228 | 1,126 | 43 | -97 | 2,508 | 1,836 | 1,554 | 1,430 | |
17/49 |
3,598 | 4,938 | 2,960 | 2,763 | 2,488 | 2,082 | 365 | 4,571 | 227 | 2,181 | 1,592 | 456 | 1,565 | 2,828 | |
42/48 |
3,598 | 4,865 | 2,960 | 2,763 | 1,983 | 2,082 | 365 | 3,300 | 227 | 2,181 | 1,592 | 456 | 1,565 | 471 | |
44 |
1,507 | 2,840 | 607 | 1,423 | 602 | 1,728 | 185 | 3,300 | 227 | - | 300 | - | 500 | - | |
440/4 |
1,507 | 2,840 | 607 | 1,423 | 602 | 1,728 | 185 | 3,300 | 227 | - | 300 | - | 500 | - | |
45 |
2,092 | 2,026 | 2,353 | 1,340 | 1,381 | 354 | 180 | - | - | 2,181 | 1,292 | 456 | 1,065 | 471 | |
450/3 |
2,092 | 2,026 | 2,353 | 1,340 | 1,381 | 354 | 180 | - | - | 2,181 | 1,292 | 456 | 1,065 | 471 | |
492/3 |
- | 73 | - | - | 505 | - | - | 1,271 | - | - | - | - | - | 2,357 | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 24,587 | |
9900 |
4,114 | 2,852 | 3,166 | 1,991 | -8,072 | 2,245 | 2,661 | 3,947 | 2,046 | -828 | 4,811 | 4,284 | 3,982 | 17,024 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 7,563 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 11,250 | |
630 |
339 | 339 | 339 | 939 | 1,100 | 1,100 | 1,337 | 2,621 | 1,751 | 1,432 | 4,000 | 3,851 | 3,851 | 3,851 | |
640/8 |
120 | 118 | 109 | 102 | 101 | 100 | 98 | 96 | 94 | 292 | - | 92 | - | - | |
9901 |
3,655 | 2,395 | 2,718 | 950 | -9,273 | 1,045 | 1,226 | 1,230 | 201 | -2,552 | 812 | 341 | 131 | 1,923 | |
75/76B |
0 | - | - | 0 | - | - | - | - | - | - | - | - | - | - | |
75 |
0 | - | - | 0 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1 | 184 | 53 | - | 77 | 100 | 66 | 91 | 53 | 53 | - | 45 | - | - | |
65 |
1 | 184 | 53 | - | 77 | 100 | 66 | 91 | 53 | 53 | - | 45 | - | - | |
9903 |
3,654 | 2,211 | 2,664 | 950 | -9,350 | 944 | 1,160 | 1,140 | 148 | -2,605 | 812 | 296 | 131 | 1,923 | |
67/77 |
840 | 482 | 840 | - | - | - | - | - | - | - | 104 | - | - | 418 | |
9904 |
2,814 | 1,729 | 1,825 | 950 | -9,350 | 944 | 1,160 | 1,140 | 148 | -2,605 | 707 | 296 | 131 | 1,505 | |
9905 |
2,814 | 1,729 | 1,825 | 950 | -9,350 | 944 | 1,160 | 1,140 | 148 | -2,605 | 707 | 296 | 131 | 1,505 | |
| Appropriation of the result | |||||||||||||||
9906 |
1,019 | -1,675 | -3,403 | -5,228 | -6,178 | 3,172 | 2,286 | 1,183 | 50 | -97 | 2,543 | 1,850 | 1,561 | 1,505 | |
14P |
-1,795 | -3,403 | -5,228 | -6,178 | 3,172 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 58 | 57 | 7 | - | 35 | 15 | 7 | 75 | |
6920 |
- | - | - | - | - | - | 58 | 57 | 7 | - | 35 | 15 | 7 | 75 | |
| 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 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451425.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00451425 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00421677 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00158642 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00392686 | |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20278236 | |
| 31-12-2020 | micro format | 25-08-2021 | 2021-53200043 | |
| 31-12-2019 | micro format | 01-07-2020 | 2020-24900090 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17500218 | |
| 31-12-2017 | micro format | 21-06-2018 | 2018-21700420 | |
| 31-12-2016 | micro format | 20-06-2017 | 2017-20000410 | |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-23400431 | |
| 31-12-2014 | abbreviated format | 19-06-2015 | 2015-19800106 | |
| 31-12-2013 | abbreviated format | 08-05-2014 | 2014-11900129 | |
| 31-12-2012 | abbreviated format | 05-07-2013 | 2013-28400198 |
Subsidies and aid
Flemish government 2025, 1 entry, €2,000 awarded, €2,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,994 | 2,734 | 3,057 | 1,889 | -8,173 | 2,145 | 2,563 | 3,851 | 1,952 | -1,120 | 4,811 | 4,192 | 3,982 | 5,774 | ||
| 3,153 | 2,068 | 2,163 | 1,889 | -8,250 | 2,044 | 2,497 | 3,760 | 1,898 | -1,173 | 4,707 | 4,147 | 3,982 | 5,356 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,700 | 1,758 | 0 | 743 | 0 | 0 | 19,255 | ||
| 745 | 2,542 | 222 | -6,647 | -2,417 | 4,483 | -758 | 5,409 | -133 | -183 | -272 | 404 | -108 | - | ||
| 19,265 | 16,305 | 14,165 | 12,001 | 10,617 | 18,363 | 16,319 | 15,093 | 15,761 | 15,621 | 16,794 | 9,630 | 5,483 | -143 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 7.8% | ||
| 84.7% | 77.7% | 83.9% | 83.1% | 83.6% | 91.4% | 98.3% | 81.3% | 98.8% | 89.5% | 93.0% | 97.4% | 91.6% | 82.0% | ||
| 6.35 | 4.35 | 5.79 | 5.34 | 6.35 | 9.82 | 45.69 | 5.57 | 70.53 | 8.16 | 11.55 | 22.11 | 4.50 | 0.70 | ||
| 0.18 | 0.29 | 0.19 | 0.20 | 0.20 | 0.09 | 0.02 | 0.23 | 0.01 | 0.12 | 0.07 | 0.03 | 0.09 | 0.22 | ||
| 14.2% | 10.1% | 11.8% | 7.0% | -73.8% | 4.3% | 5.5% | 5.7% | 0.8% | -14.0% | 3.3% | 1.7% | 0.8% | 11.7% | ||
| 12.0% | 7.8% | 9.9% | 5.8% | -61.7% | 3.9% | 5.4% | 4.7% | 0.8% | -12.5% | 3.1% | 1.7% | 0.7% | 9.6% | ||
| over 100 | 14.82 | 57.21 | - | -106.49 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days |
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 A&D
The operating result for 2025 is 53% higher than in 2024 and the highest since 2012. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 22.3% to 15.3%. Equity is higher and debt is lower.