ACTIVITY.BE
Annual accounts 2025
micro format, filed on 02-07-2026, 29 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €87,000. Estimated: probably between €42,000 and €170,000.
Balance sheet
balance sheet total €36,552 on 31-12-2025in euro
in euro
Position in the sector
-136.0%
Lower than 95% of 21,208 companies in 2025.
0.31
Lower than 95% of 20,571 companies in 2025.
19.1%
Higher than 51% of 20,746 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
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 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
36,552 | 35,580 | 12,121 | 17,683 | 12,125 | 10,837 | 11,681 | 16,135 | 24,292 | 28,822 | 11,069 | 4,862 | 8,162 | 9,895 | 7,135 | 7,640 | 7,846 | 22,747 | 24,337 | 25,736 | |
21/28 |
14,503 | 20,633 | 1,001 | 1,459 | 735 | 1,876 | 6,673 | 11,766 | 18,041 | 20,436 | 2,922 | 3,877 | 2,454 | 2,381 | 2,995 | 3,610 | - | 8,666 | 17,703 | 13,843 | |
22/27 |
14,503 | 20,633 | 1,001 | 1,459 | 735 | 1,876 | 6,673 | 11,766 | 18,041 | 20,436 | 2,922 | 3,877 | 2,454 | 2,381 | 2,995 | 3,610 | - | 8,666 | 17,703 | 13,843 | |
23 |
- | - | - | 65 | 129 | 194 | 258 | 323 | 387 | 452 | 516 | 581 | - | - | - | - | - | - | - | - | |
24 |
14,503 | 20,503 | 712 | 947 | - | 918 | 6,406 | 11,095 | 16,967 | 18,958 | 1,041 | 1,594 | 412 | - | 276 | 552 | - | 8,666 | 17,703 | 13,843 | |
26 |
- | 130 | 289 | 448 | 606 | 765 | 9 | 349 | 687 | 1,026 | 1,365 | 1,703 | 2,042 | 2,381 | 2,719 | 3,058 | - | - | - | - | |
29/58 |
22,049 | 14,947 | 11,120 | 16,224 | 11,390 | 8,960 | 5,008 | 4,368 | 6,250 | 8,386 | 8,147 | 984 | 5,708 | 7,515 | 4,140 | 4,031 | 7,846 | 14,081 | 6,634 | 11,893 | |
40/41 |
6,656 | 4,564 | 5,966 | - | 3,025 | 2,575 | 3,813 | 3,063 | 3,634 | 4,654 | 4,336 | - | 1,778 | 6,001 | 3,183 | 1,845 | 4,269 | 8,175 | 1,560 | 5,051 | |
40 |
6,655 | 4,563 | 5,966 | - | 3,025 | 2,575 | 3,609 | 3,063 | 3,634 | 4,654 | 4,336 | - | 1,210 | 3,629 | 1,346 | 605 | 4,269 | 8,175 | 1,513 | 5,024 | |
41 |
1 | 0 | - | - | - | - | 204 | - | - | - | - | - | 568 | 2,372 | 1,836 | 1,240 | - | - | 47 | 27 | |
54/58 |
14,784 | 9,601 | 4,584 | 15,657 | 8,113 | 4,569 | 577 | 548 | 2,201 | 2,927 | 3,332 | 748 | 3,444 | 1,514 | 957 | 1,880 | 2,359 | 3,773 | 2,029 | 5,231 | |
490/1 |
608 | 782 | 570 | 566 | 252 | 1,816 | 618 | 757 | 415 | 806 | 480 | 236 | 486 | - | - | 305 | 1,218 | 2,132 | 3,046 | 1,611 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
36,552 | 35,580 | 12,121 | 17,683 | 12,125 | 10,837 | 11,681 | 16,135 | 24,292 | 28,822 | 11,069 | 4,862 | 8,162 | 9,895 | 7,135 | 7,640 | 7,846 | 22,747 | 24,337 | 25,736 | |
10/15 |
-49,698 | -56,667 | -55,374 | -47,090 | -52,591 | -51,561 | -54,900 | -55,949 | -51,160 | -50,924 | -48,886 | -55,059 | -49,136 | -51,426 | -40,890 | -28,408 | -11,778 | -6,398 | -5,230 | 5,233 | |
10/11 |
8,060 | 8,060 | 8,060 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-57,758 | -64,727 | -63,434 | -55,150 | -60,651 | -59,621 | -62,960 | -64,009 | -59,220 | -58,984 | -56,946 | -63,119 | -57,196 | -59,486 | -48,950 | -36,468 | -19,838 | -14,458 | -13,290 | -2,827 | |
17/49 |
86,250 | 92,247 | 67,495 | 64,773 | 64,716 | 62,398 | 66,581 | 72,084 | 75,452 | 79,746 | 59,955 | 59,921 | 57,298 | 61,322 | 48,025 | 36,048 | 19,624 | 29,144 | 29,567 | 20,503 | |
17 |
15,565 | 20,784 | - | - | - | - | - | 4,427 | 9,739 | 15,050 | - | - | - | - | - | - | 2,471 | 9,885 | 17,299 | 9,925 | |
170/4 |
15,565 | 20,784 | - | - | - | - | - | 4,427 | 9,739 | 15,050 | - | - | - | - | - | - | 2,471 | 9,885 | 17,299 | 9,925 | |
42/48 |
70,685 | 71,463 | 67,495 | 64,773 | 64,716 | 62,398 | 66,581 | 67,658 | 65,713 | 64,696 | 59,955 | 59,921 | 57,298 | 61,322 | 48,025 | 36,048 | 17,153 | 19,259 | 12,269 | 10,578 | |
42 |
5,219 | 4,999 | - | - | - | - | 4,427 | 5,312 | 5,312 | 5,312 | - | - | - | - | - | 3,089 | 7,414 | 7,414 | 7,414 | 5,955 | |
44 |
2,440 | 4,360 | 1,880 | 526 | 2,211 | 1,785 | 1,379 | 865 | 2,121 | 2,554 | 799 | 1,089 | 74 | 893 | 1,035 | 1,446 | 194 | 74 | - | 1,138 | |
440/4 |
2,440 | 4,360 | 1,880 | 526 | 2,211 | 1,785 | 1,379 | 865 | 2,121 | 2,554 | 799 | 1,089 | 74 | 893 | 1,035 | 1,446 | 194 | 74 | - | 1,138 | |
45 |
1,627 | 570 | 3,598 | 4,714 | 2,741 | 1,424 | 1,650 | 2,267 | 3,577 | 2,231 | 2,602 | 2,035 | - | - | - | - | 1,427 | 4,850 | - | 1,152 | |
450/3 |
1,627 | 570 | 3,598 | 3,464 | 2,741 | 1,424 | 1,650 | 1,517 | 3,077 | 2,231 | 2,602 | 2,035 | - | - | - | - | 1,427 | 4,850 | - | 1,152 | |
454/9 |
- | - | - | 1,250 | - | - | - | 750 | 500 | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
61,399 | 61,534 | 62,017 | 59,533 | 59,764 | 59,189 | 59,125 | 59,213 | 54,703 | 54,599 | 56,554 | 56,797 | 57,225 | 60,429 | 46,990 | 31,513 | 8,118 | 6,921 | 4,855 | 2,333 | |
| Income statement | |||||||||||||||||||||
76A |
- | 909 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
16,394 | 7,776 | -7,272 | 7,453 | 1,941 | 9,472 | 9,327 | 4,334 | 7,153 | 6,955 | 9,231 | -2,847 | 4,504 | -8,847 | -10,217 | -13,610 | 6,111 | 10,272 | 5,820 | 9,043 | |
630 |
7,495 | 7,068 | 458 | 450 | 1,141 | 5,591 | 6,340 | 6,275 | 6,275 | 5,316 | 956 | 956 | 544 | 614 | 614 | 614 | 8,666 | 9,037 | 10,370 | 6,579 | |
640/8 |
728 | 1,307 | 408 | 653 | 1,295 | 261 | 1,044 | 2,135 | 525 | 2,835 | 1,480 | 1,613 | 1,221 | 1,036 | 1,046 | 1,369 | 1,550 | 1,181 | 3,410 | 1,008 | |
9901 |
8,172 | -599 | -8,138 | 6,351 | -495 | 3,620 | 1,943 | -4,077 | 353 | -1,196 | 6,794 | -5,415 | 2,739 | -10,498 | -11,877 | -15,593 | -4,105 | 55 | -7,961 | 1,456 | |
75/76B |
25 | 4 | 9 | - | - | 3 | - | - | 3 | - | - | - | - | 2 | - | 13 | 3 | 7 | 14 | 92 | |
75 |
25 | 4 | 9 | - | - | 3 | - | - | 3 | - | - | - | - | 2 | - | 13 | 3 | 7 | 14 | 92 | |
65/66B |
1,228 | 528 | 155 | 167 | 146 | 285 | 472 | 195 | 348 | 589 | 117 | 507 | 155 | 41 | 605 | 1,049 | 1,278 | 1,228 | 2,514 | 1,357 | |
65 |
1,228 | 528 | 155 | 167 | 146 | 285 | 472 | 195 | 348 | 589 | 117 | 507 | 155 | 41 | 605 | 1,049 | 1,278 | 1,228 | 2,514 | 1,357 | |
9903 |
6,969 | -1,123 | -8,283 | 6,184 | -641 | 3,339 | 1,471 | -4,271 | 8 | -1,785 | 6,677 | -5,923 | 2,583 | -10,536 | -12,482 | -16,630 | -5,380 | -1,167 | -10,461 | 191 | |
67/77 |
0 | 171 | 0 | 684 | 388 | - | 422 | 518 | 244 | 252 | 504 | - | 294 | 1 | - | - | - | 1 | 2 | - | |
9904 |
6,969 | -1,294 | -8,283 | 5,500 | -1,029 | 3,339 | 1,049 | -4,789 | -236 | -2,038 | 6,173 | -5,923 | 2,290 | -10,536 | -12,482 | -16,630 | -5,380 | -1,168 | -10,463 | 191 | |
9905 |
6,969 | -1,294 | -8,283 | 5,500 | -1,029 | 3,339 | 1,049 | -4,789 | -236 | -2,038 | 6,173 | -5,923 | 2,290 | -10,536 | -12,482 | -16,630 | -5,380 | -1,168 | -10,463 | 191 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-57,758 | -64,727 | -63,434 | -55,150 | -60,651 | -59,621 | -62,960 | -64,009 | -59,220 | -58,984 | -56,946 | -63,119 | -57,196 | -59,486 | -48,950 | -36,468 | -19,838 | -14,458 | -13,290 | -2,827 | |
14P |
-64,727 | -63,434 | -55,150 | -60,651 | -59,621 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00250203 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00212070 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00190352 | |
| 31-12-2022 | abbreviated format | 07-07-2023 | 2023-00213113 | |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20193765 | |
| 31-12-2020 | abbreviated format | 16-07-2021 | 2021-36300521 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27900076 | |
| 31-12-2018 | abbreviated format | 04-07-2019 | 2019-30100271 | |
| 31-12-2017 | abbreviated format | 06-07-2018 | 2018-29700571 | |
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-31300247 | |
| 31-12-2015 | abbreviated format | 12-07-2016 | 2016-30700018 | |
| 31-12-2014 | abbreviated format | 27-07-2015 | 2015-35200518 | |
| 31-12-2013 | abbreviated format | 31-07-2014 | 2014-38300338 | |
| 31-12-2012 | abbreviated format | 19-07-2013 | 2013-32400127 | |
| 31-12-2011 | abbreviated format | 24-07-2012 | 2012-32900570 | |
| 31-12-2010 | abbreviated format | 20-07-2011 | 2011-32400209 | |
| 31-12-2009 | abbreviated format | 23-07-2010 | 2010-34000601 | |
| 31-12-2008 | abbreviated format | 17-07-2009 | 2009-43700284 | |
| 31-12-2007 | abbreviated format | 25-07-2008 | 2008-47100061 | |
| 31-12-2006 | full format | 25-07-2007 | 2007-47000379 | |
| 31-12-2005 | abbreviated format | 20-07-2006 | 2006-49303631 | |
| 31-12-2004 | abbreviated format | 27-07-2005 | 2005-55404741 | |
| 31-12-2003 | abbreviated format | 22-07-2004 | 2004-49100257 |
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 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,666 | 6,469 | -7,680 | 6,801 | 646 | 9,211 | 8,283 | 2,198 | 6,628 | 4,120 | 7,750 | -4,460 | 3,283 | -9,883 | -11,263 | -14,979 | 4,561 | 9,092 | 2,409 | 8,035 | ||
| 14,464 | 5,775 | -7,826 | 5,950 | 112 | 8,929 | 7,389 | 1,486 | 6,039 | 3,279 | 7,129 | -4,967 | 2,834 | -9,922 | -11,868 | -16,015 | 3,286 | 7,869 | -93 | 6,770 | ||
| 1,365 | 26,700 | 0 | 1,174 | 0 | 794 | 1,247 | 0 | 3,881 | 22,831 | 0 | 2,380 | 617 | 0 | 0 | 4,224 | 0 | 0 | 25,998 | 1,112 | ||
| 5,184 | 5,017 | -11,074 | 7,545 | 3,543 | 3,993 | 29 | -1,652 | -726 | -405 | 2,584 | -2,696 | 1,930 | 557 | -923 | -479 | -1,415 | 1,745 | -3,202 | - | ||
| -48,636 | -56,516 | -56,375 | -48,550 | -53,326 | -53,438 | -61,573 | -63,289 | -59,463 | -56,309 | -51,808 | -58,936 | -51,590 | -53,807 | -43,885 | -32,017 | -9,307 | -5,179 | -5,634 | 1,315 | ||
| -136.0% | -159.3% | -456.8% | -266.3% | -433.7% | -475.8% | -470.0% | -346.8% | -210.6% | -176.7% | -441.7% | - | -602.0% | -519.7% | -573.1% | -371.8% | -150.1% | -28.1% | -21.5% | 20.3% | ||
| 0.31 | 0.21 | 0.16 | 0.25 | 0.18 | 0.14 | 0.08 | 0.06 | 0.10 | 0.13 | 0.14 | - | 0.10 | 0.12 | 0.09 | 0.11 | 0.46 | 0.73 | 0.54 | 1.12 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.92 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.6% | ||
| 19.1% | -3.6% | -68.3% | 31.1% | -8.5% | 30.8% | 9.0% | -29.7% | -1.0% | -7.1% | 55.8% | - | 28.1% | -106.5% | -174.9% | -217.7% | -68.6% | -5.1% | -43.0% | 0.7% | ||
| 12.76 | 12.25 | -49.63 | 40.64 | 4.43 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,365 | €26,700 | - | €1,174 | - |
| €7,495 | €7,068 | €458 | €450 | €1,141 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ACTIVITY.BE
The operating result for 2025 is a profit of €8,172, after a loss of €599 in 2024. It is the highest result since 2006.
Equity is negative. Debt (€86,250) exceeds the balance-sheet total (€36,552).