Turnover—
EBIT margin—
Net result€-24k+61.3%
Working capital€-224k-16.8%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 23-01-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
declining
Equity: declining trend of ~34.6%/year over 3 fiscal years — indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 77 — Renting & leasing · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -21.6% | 18.6% | |
| Net result | €-24k | €10k | |
| Equity | €-96k | €36k | |
| Gross operating margin | €169k | €89k | |
| Total assets | €446k | €309k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€119k
+64.5%
-38% vs sector
€-24k
+61.3%
-409% vs sector
€92k
+125.9%
-33% vs sector
€446k
-18.9%
-50% vs sector
€-96k
-33.9%
-378% vs sector
€-224k
-16.8%
-180% vs sector
4
+66.7%
+338% vs sector
€48k
+23.5%
+37% vs sector
€103
—
-100% vs sector
€542k
-12.8%
-11% vs sector
€230k
+8.0%
-56% vs sector
€311k
-23.7%
+4% vs sector
0.03
-74.4%
-97% vs sector
0.02
-74.2%
-97% vs sector
-21.6%
-65.1%
-312% vs sector
-5.63
+34.9%
-372% vs sector
25.3%
-71.1%
-24% vs sector
-5.5%
+52.3%
-335% vs sector
4.42
+93.2%
-85% vs sector
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | — |
| EBITDA | €119k |
| Net profit | €-24k |
| Cash flow | €92k |
| Staff costs | €48k |
| Income taxes | €103 |
| Dividends | — |
| Total assets | €446k |
| Equity | €-96k |
| Debt | €542k |
| of which ≤ 1y | €230k |
| of which > 1y | €311k |
| Working capital | €-224k |
| Employees (FTE) | 3.5 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.02 |
| Working capital ratio | -50.3% |
| Solvency | -21.6% |
| Debt / equity | -5.63 |
| Long-term debt ratio | -3.24 |
| Interest coverage | 4.42 |
| Gross margin | — |
| Net margin | — |
| ROA | -5.5% |
| ROE | 25.3% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €446k |
| Fixed assets | 21/28 | €440k |
| Intangible fixed assets | 21 | €68k |
| Tangible fixed assets | 22/27 | €372k |
| Financial fixed assets | 28 | €10 |
| Current assets | 29/58 | €6k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €92 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €446k |
| Equity | 10/15 | €-96k |
| Contributions / capital | 10/11 | €125k |
| Accumulated profits (losses) | 14 | €-221k |
| Amounts payable | 17/49 | €542k |
| Amounts payable after one year | 17 | €311k |
| Amounts payable within one year | 42/48 | €230k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €169k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €4 |
| Financial charges | 65 | €27k |
| Result before taxes | 9903 | €-24k |
| Income taxes | 67/77 | €103 |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2025 · computed33
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.