A+ PROJECTS
Annual accounts 2026
abbreviated format, filed on 26-10-2026, 5 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €17,000. Estimated: probably between €8,400 and €51,000.
Balance sheet
balance sheet total €90,727 on 31-03-2026in euro
in euro
Position in the sector
70.4%
Higher than 81% of 12,430 companies in 2025.
3.28
Higher than 78% of 11,958 companies in 2025.
1.5%
Higher than 95% of 12,333 companies in 2025.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
90,727 | 86,498 | 44,257 | |
21/28 |
2,656 | 3,531 | - | |
22/27 |
2,656 | 3,531 | - | |
24 |
2,656 | 3,531 | - | |
29/58 |
88,071 | 82,967 | 44,257 | |
40/41 |
28,146 | 24,905 | 39,260 | |
40 |
28,136 | - | 39,000 | |
41 |
10 | 24,905 | 260 | |
54/58 |
57,800 | 56,718 | 4,997 | |
490/1 |
2,126 | 1,345 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
90,727 | 86,498 | 44,257 | |
10/15 |
63,899 | 62,526 | 31,294 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
58,899 | 57,526 | 26,294 | |
17/49 |
26,828 | 23,973 | 12,963 | |
42/48 |
26,828 | 23,973 | 12,963 | |
44 |
19,894 | 14,369 | 125 | |
440/4 |
19,894 | 14,369 | 125 | |
45 |
3,886 | 9,604 | 6,677 | |
450/3 |
3,886 | 9,604 | 6,677 | |
47/48 |
3,048 | - | 6,161 | |
| Income statement | ||||
9900 |
4,145 | 41,958 | 32,985 | |
630 |
875 | 844 | - | |
640/8 |
1,122 | 864 | - | |
9901 |
2,148 | 40,250 | 32,985 | |
75/76B |
1,347 | 665 | - | |
75 |
1,347 | 665 | - | |
65/66B |
322 | 122 | 43 | |
65 |
322 | 122 | 43 | |
9903 |
3,174 | 40,793 | 32,942 | |
67/77 |
1,801 | 9,561 | 6,647 | |
9904 |
1,373 | 31,231 | 26,294 | |
9905 |
1,373 | 31,231 | 26,294 | |
| Appropriation of the result | ||||
9906 |
58,899 | 57,526 | 26,294 | |
14P |
57,526 | 26,294 | - | |
| 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 2026 at the NBB, filed on 26-10-2026.
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 | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| 3,023 | 41,094 | - | ||
| 2,248 | 32,075 | - | ||
| 0 | 4,375 | - | ||
| 1,082 | 51,721 | - | ||
| 61,242 | 58,995 | 31,294 | ||
| 70.4% | 72.3% | 70.7% | ||
| 3.28 | 3.46 | 3.41 | ||
| 0.42 | 0.38 | 0.41 | ||
| 2.1% | 49.9% | 84.0% | ||
| 1.5% | 36.1% | 59.4% | ||
| 9.40 | over 100 | - |
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 | 31-03-2026 | 31-03-2025 | 31-03-2024 |
|---|---|---|---|
| Tangible fixed assets | - | €4,375 | - |
| €875 | €844 | - |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
Insights on A+ PROJECTS
The operating result for 2026 is 95% lower than in 2025 and the lowest since 2024.
Debt's share of the balance-sheet total rises from 27.7% to 29.6%. Equity and debt are higher.