Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Seven of the last ten came late. The 2020 accounts came latest: 39 days after the end of the period.
Subsidiary with negative equity. HAMSTORE · loss of €432,025 in 2025.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 85% of them on solvency, 69% on liquidity, 6% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 8,617 companies had the same profile as Addvalue has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Addvalue itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for Addvalue. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Short-term debt is 0% and cash 3.2% of total assets. 0.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Addvalue Grez-Doiceau | €3.0m | -€47,295 | 99.9% | - |
| GP ART Grez-Doiceau | €3.1m | -€62,417 | 0.2% | - |
| LOFIBEL Nivelles | €2.8m | -€3,500 | 82.0% | - |
| AMS Equity Lasne | €3.1m | -€65,753 | -6.3% | - |
| ETUDE, CONCEPT ET ENGINEERING Herve | €3.0m | -€106,102 | 92.5% | - |
| VENDOC Kortrijk | €2.9m | -€2,790 | 63.1% | - |
| DESDEC Namur | €2.8m | €0 | 19.3% | - |
These companies have the same main activity as Addvalue: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.8m and €3.1m, founded between 2002 and 2006.
Addvalue has existed since 2003. In 2017 the gross margin rose from €84,885 to €306,863.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 95% of 3,873 companies in 2025.
Higher than 74% of 3,856 companies in 2021.
Higher than 16% of 3,849 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
3.0m | 3.1m | 3.2m | 2.0m | 1.2m | 916,634 | 719,922 | 519,881 | 212,944 | 190,739 | 109,526 | 79,171 | 63,182 | 130,629 | 50,317 | 46,522 | 54,052 | 50,779 | 79,278 | |
21/28 |
570,891 | 663,948 | 713,689 | 620,273 | 332,047 | 139,261 | 146,741 | 123,886 | 90,129 | 86,460 | 87,282 | 13,587 | 15,724 | 23,072 | 3,610 | 5,886 | 10,476 | 14,478 | 16,121 | |
22/27 |
570,891 | 613,948 | 663,689 | 542,177 | 253,951 | 23,965 | 31,445 | 8,590 | 11,983 | 8,314 | 9,136 | 13,537 | 15,674 | 23,022 | 3,560 | 5,836 | 10,476 | 14,478 | 16,121 | |
22 |
535,430 | 563,122 | 590,813 | 523,943 | 236,250 | 950 | 1,899 | 2,849 | 3,799 | 4,749 | 5,698 | 7,038 | 8,378 | 9,718 | 1,562 | 1,952 | 3,136 | 3,422 | 4,157 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 805 | 1,704 | 828 | |
24 |
35,460 | 50,826 | 72,876 | 11,777 | 4,787 | 3,644 | 3,718 | 5,741 | 8,184 | 3,565 | 3,438 | 6,499 | 7,296 | 13,303 | 1,999 | 3,884 | 6,535 | 8,335 | 9,431 | |
25 |
- | - | - | 6,457 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,017 | 1,705 | |
28 |
- | 50,000 | 50,000 | 78,096 | 78,096 | 115,296 | 115,296 | 115,296 | 78,146 | 78,146 | 78,146 | 50 | 50 | 50 | 50 | 50 | - | - | - | |
29/58 |
2.4m | 2.4m | 2.4m | 1.3m | 899,867 | 777,373 | 573,181 | 395,995 | 122,815 | 104,279 | 22,244 | 65,584 | 47,458 | 107,558 | 46,707 | 40,636 | 43,576 | 36,300 | 63,157 | |
29 |
- | - | - | - | 22 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | 22 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
482 | 14,638 | 15,561 | 310,719 | - | 14,416 | - | - | 1,363 | 2,202 | - | 9,600 | 24,057 | 12,827 | 9,331 | 1,670 | 1,927 | 11,864 | 33,487 | |
40 |
- | - | 1,235 | 310,602 | - | 10,700 | - | - | 1,363 | 2,202 | - | 9,600 | 24,057 | 12,584 | 7,654 | - | - | 347 | 14,635 | |
41 |
482 | 14,638 | 14,325 | 117 | - | 3,716 | - | - | - | - | - | - | - | 243 | 1,677 | 1,670 | 1,927 | 11,517 | 18,852 | |
50/53 |
2.3m | 2.3m | 2.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,000 | 17,000 | - | |
54/58 |
96,818 | 124,747 | 218,595 | 1.0m | 897,084 | 760,231 | 571,806 | 394,771 | 120,646 | 101,039 | 20,785 | 52,956 | 22,822 | 93,152 | 37,376 | 38,837 | 22,102 | 7,436 | 29,670 | |
490/1 |
- | 3,652 | 3,654 | 3,034 | 2,761 | 2,726 | 1,375 | 1,224 | 806 | 1,038 | 1,459 | 3,027 | 578 | 1,579 | - | 129 | 1,546 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
3.0m | 3.1m | 3.2m | 2.0m | 1.2m | 916,634 | 719,922 | 519,881 | 212,944 | 190,739 | 109,526 | 79,171 | 63,182 | 130,629 | 50,317 | 46,522 | 54,052 | 50,779 | 79,278 | |
10/15 |
3.0m | 3.1m | 3.1m | 1.5m | 1.1m | 812,035 | 505,878 | 286,960 | 110,720 | 67,142 | 18,917 | 37,839 | 30,025 | 46,802 | 43,849 | 38,239 | 47,337 | 48,676 | 53,329 | |
10/11 |
20,000 | 20,000 | 20,000 | 7,000 | - | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
100 |
- | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | |
13 |
3.1m | 3.1m | 3.1m | 1.5m | 1.1m | 782,580 | 482,580 | 267,580 | 97,580 | 54,580 | 9,580 | 9,580 | 9,580 | 9,580 | 9,580 | 9,580 | 9,580 | 9,580 | 9,580 | |
130/1 |
7,580 | 7,580 | 7,580 | 9,580 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
7,580 | 7,580 | 7,580 | 9,580 | 7,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | 7,580 | |
133 |
3.1m | 3.1m | 3.1m | 1.5m | 1.1m | 773,000 | 473,000 | 258,000 | 88,000 | 45,000 | - | - | - | - | - | - | - | - | - | |
14 |
-123,170 | -61,757 | 11,777 | 11,220 | 24,691 | 22,455 | 16,298 | 12,380 | 6,140 | 5,562 | 2,337 | 21,259 | 13,445 | 30,222 | 27,269 | 21,659 | 30,757 | 32,096 | 36,749 | |
17/49 |
3,540 | 6,362 | 7,142 | 468,015 | 102,643 | 104,599 | 214,044 | 232,921 | 102,224 | 123,597 | 90,609 | 41,332 | 33,157 | 83,828 | 6,468 | 8,283 | 6,714 | 2,103 | 25,949 | |
17 |
- | - | - | - | - | 20,638 | 38,953 | 31,959 | 42,368 | 52,508 | 62,383 | - | - | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | 20,638 | 38,953 | 31,959 | 42,368 | 52,508 | 62,383 | - | - | - | - | - | - | - | - | |
42/48 |
1,041 | 4,651 | 5,477 | 467,400 | 102,028 | 83,961 | 174,280 | 200,347 | 59,793 | 71,038 | 28,227 | 41,332 | 33,157 | 83,828 | 6,468 | 8,283 | 6,714 | 2,103 | 25,949 | |
42 |
- | - | - | 2,026 | 20,537 | 18,982 | 18,691 | 10,409 | 10,140 | 9,875 | 9,624 | - | - | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11 | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11 | - | - | - | |
44 |
1,041 | 4,255 | 5,457 | 323,722 | 43,603 | 4,233 | 130,380 | 10,597 | 5,979 | 7,359 | 8,364 | 3,697 | 5,807 | 12,846 | 1,341 | 2,366 | 2,131 | 1,703 | 3,651 | |
440/4 |
1,041 | 4,255 | 5,457 | 323,722 | 43,603 | 4,233 | 130,380 | 10,597 | 5,979 | 7,359 | 8,364 | 3,697 | 5,807 | 12,846 | 1,341 | 2,366 | 2,131 | 1,703 | 3,651 | |
45 |
- | 396 | - | 69,238 | 30,236 | 46,728 | 24,536 | 173,732 | 37,838 | 53,094 | 9,932 | 37,258 | 26,299 | 70,982 | 5,127 | 5,906 | 4,583 | 400 | 10,298 | |
450/3 |
- | 396 | - | 69,238 | 30,236 | 46,728 | 21,801 | 173,732 | 37,838 | 50,823 | 6,693 | 22,995 | 17,182 | 49,992 | 5,127 | 4,456 | 3,689 | 400 | 10,298 | |
454/9 |
- | - | - | - | - | - | 2,735 | - | - | 2,271 | 3,239 | 14,263 | 9,117 | 20,990 | - | 1,450 | 895 | - | - | |
47/48 |
- | - | 20 | 72,414 | 7,652 | 14,018 | 673 | 5,609 | 5,836 | 710 | 307 | 377 | 1,051 | - | - | - | - | - | 12,000 | |
492/3 |
2,498 | 1,711 | 1,665 | 615 | 615 | - | 811 | 615 | 63 | 51 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,867 | - | |
9900 |
-47,295 | -74,414 | 153,301 | 615,088 | 535,469 | 529,552 | 414,473 | 306,863 | 84,885 | 91,296 | -13,704 | 18,493 | -9,845 | 56,446 | 11,271 | -3,457 | 5,098 | -1,026 | 35,856 | |
62 |
- | - | - | - | - | 45,019 | 52,527 | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
51,292 | 49,742 | 38,820 | 9,823 | 11,693 | 10,889 | 9,430 | 3,393 | 3,727 | 5,882 | 3,646 | 6,686 | 4,808 | 6,412 | 3,267 | 4,640 | 5,076 | 5,014 | 4,455 | |
640/8 |
2,767 | 2,330 | 3,455 | 868 | 913 | 501 | 348 | 348 | 473 | 518 | 1,137 | 2,259 | 1,332 | 3,156 | 1,187 | 1,166 | 543 | 1,032 | 820 | |
9901 |
-101,354 | -126,485 | 111,026 | 604,397 | 522,863 | 473,143 | 352,168 | 303,122 | 80,685 | 84,896 | -18,487 | 9,548 | -15,985 | 46,878 | 6,817 | -9,263 | -521 | -7,072 | 30,581 | |
75/76B |
43,467 | 55,988 | 1.7m | - | 190 | - | 45 | 148 | 2 | - | 261 | 355 | 555 | 521 | 235 | 652 | 418 | 654 | 458 | |
75 |
43,467 | 55,988 | 1.7m | - | 190 | - | 45 | 148 | 2 | - | 261 | 355 | 555 | 521 | 235 | 652 | 418 | 654 | 458 | |
65/66B |
698 | 800 | 2,480 | 2,273 | 2,171 | 1,611 | 2,386 | 2,008 | 2,799 | 2,471 | 592 | 957 | 1,134 | 772 | 665 | 803 | 43 | 1,102 | 428 | |
65 |
698 | 800 | 2,480 | 2,273 | 2,171 | 1,611 | 2,386 | 2,008 | 2,799 | 2,471 | 592 | 957 | 1,134 | 772 | 665 | 803 | 43 | 1,102 | 428 | |
9903 |
-58,585 | -71,298 | 1.8m | 602,124 | 520,882 | 471,532 | 349,827 | 301,262 | 77,888 | 82,425 | -18,818 | 8,946 | -16,564 | 46,628 | 6,387 | -9,414 | -147 | -4,654 | 30,611 | |
67/77 |
2,828 | 2,237 | 186,893 | 186,685 | 158,646 | 165,375 | 130,909 | 125,022 | 34,310 | 34,200 | 104 | 1,132 | 213 | 18,676 | 776 | -316 | 1,192 | - | 5,091 | |
9904 |
-61,413 | -73,534 | 1.6m | 415,439 | 362,236 | 306,157 | 218,918 | 176,240 | 43,578 | 48,225 | -18,922 | 7,814 | -16,777 | 27,952 | 5,611 | -9,098 | -1,339 | -4,654 | 25,520 | |
9905 |
-61,413 | -73,534 | 1.6m | 415,439 | 362,236 | 306,157 | 218,918 | 176,240 | 43,578 | 48,225 | -18,922 | 7,814 | -16,777 | 27,952 | 5,611 | -9,098 | -1,339 | -4,654 | 25,520 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-123,170 | -61,757 | 1.7m | 426,220 | 384,691 | 322,455 | 231,298 | 182,380 | 49,140 | 50,562 | 2,337 | 21,259 | 13,445 | 55,222 | 27,269 | 21,659 | 30,757 | 32,096 | 48,749 | |
14P |
-61,757 | 11,777 | 11,220 | 10,781 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 43,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 1.6m | 415,000 | 360,000 | 300,000 | 215,000 | 170,000 | 43,000 | 45,000 | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | 1.6m | 415,000 | 360,000 | 300,000 | 215,000 | 170,000 | 43,000 | 45,000 | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | 43,000 | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | - | 12,000 | |
694 |
- | - | - | 43,000 | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,000 | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | 1,155 | 1,452 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 2 older financial years (2004-2005) 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 28-04-2026 | 2026-00094232 | |
| 30-09-2024 | full format | 23-04-2025 | 2025-00073197 | |
| 30-09-2023 | full format | 25-04-2024 | 2024-00077945 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20419571 | |
| 31-12-2020 | full format | 08-09-2021 | 2021-66500563 | |
| 31-12-2019 | full format | 01-09-2020 | 2020-48300275 | |
| 31-12-2018 | full format | 26-08-2019 | 2019-49800376 | |
| 31-12-2017 | full format | 30-08-2018 | 2018-53100149 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-48000033 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-58600367 | |
| 31-12-2014 | full format | 28-07-2015 | 2015-35800257 | |
| 31-12-2013 | full format | 25-06-2014 | 2014-21700532 | |
| 31-12-2012 | full format | 18-06-2013 | 2013-18700471 | |
| 31-12-2011 | full format | 19-06-2012 | 2012-18700404 | |
| 31-12-2010 | full format | 21-06-2011 | 2011-18900198 | |
| 31-12-2009 | full format | 23-08-2010 | 2010-43500313 | |
| 31-12-2008 | full format | 31-07-2009 | 2009-52400201 | |
| 31-12-2007 | abbreviated format | 08-07-2008 | 2008-37700034 | |
| 31-12-2006 | full format | 18-07-2007 | 2007-42500119 | |
| 31-12-2005 | abbreviated format | 24-07-2006 | 2006-53301125 | |
| 31-12-2004 | full format | 07-07-2005 | 2005-44703208 |
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -50,062 | -76,744 | 149,845 | 614,220 | 534,556 | 484,032 | 361,598 | 306,515 | 84,412 | 90,778 | -14,841 | 16,234 | -11,177 | 53,290 | 10,084 | -4,623 | 4,555 | -2,058 | 35,036 | ||
| -10,121 | -23,792 | 1.7m | 425,262 | 373,929 | 317,046 | 228,348 | 179,633 | 47,305 | 54,107 | -15,276 | 14,501 | -11,969 | 34,364 | 8,878 | -4,458 | 3,737 | 360 | 29,975 | ||
| 8,235 | 0 | 216,789 | 308,430 | 241,679 | 3,409 | 32,285 | 37,200 | 9,296 | 5,060 | 79,917 | 4,549 | -2,540 | 25,873 | 991 | 50 | 1,074 | 3,371 | 11,275 | ||
| -27,929 | -93,848 | - | 124,705 | 136,853 | 188,425 | 177,035 | 274,125 | 19,607 | 80,254 | -32,171 | 30,134 | -70,330 | 55,776 | -1,461 | 16,735 | 14,666 | -22,234 | - | ||
| 2.4m | 2.4m | 2.4m | 868,142 | 797,839 | 693,412 | 398,901 | 195,648 | 63,022 | 33,241 | -5,982 | 24,252 | 14,301 | 23,730 | 40,239 | 32,353 | 36,861 | 34,198 | 37,208 | ||
| 99.9% | 99.8% | 99.8% | 76.1% | 91.7% | 88.6% | 70.3% | 55.2% | 52.0% | 35.2% | 17.3% | 47.8% | 47.5% | 35.8% | 87.1% | 82.2% | 87.6% | 95.9% | 67.3% | ||
| - | - | - | 2.86 | 8.82 | 9.26 | 3.29 | 1.98 | 2.05 | 1.47 | 0.79 | 1.59 | 1.43 | 1.28 | 7.22 | 4.91 | 6.49 | 17.26 | 2.43 | ||
| 0.00 | 0.00 | 0.00 | 0.31 | 0.09 | 0.13 | 0.42 | 0.81 | 0.92 | 1.84 | 4.79 | 1.09 | 1.10 | 1.79 | 0.15 | 0.22 | 0.14 | 0.04 | 0.49 | ||
| -2.0% | -2.4% | 52.3% | 27.9% | 32.1% | 37.7% | 43.3% | 61.4% | 39.4% | 71.8% | -100.0% | 20.7% | -55.9% | 59.7% | 12.8% | -23.8% | -2.8% | -9.6% | 47.9% | ||
| -2.0% | -2.4% | 52.2% | 21.2% | 29.4% | 33.4% | 30.4% | 33.9% | 20.5% | 25.3% | -17.3% | 9.9% | -26.6% | 21.4% | 11.2% | -19.6% | -2.5% | -9.2% | 32.2% | ||
| -71.68 | -95.98 | 60.43 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A ratio outside any meaningful range has been withheld (balance sheet total €3.0m, equity €3.0m).
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.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €8,235 | - | €166,789 | €308,430 |
| Financial fixed assets | - | - | €50,000 | - |
| €51,292 | €49,742 | €38,820 | €9,823 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €101,354, smaller than the loss of €126,485 in 2024.
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity and debt are lower.
Source: list of holdings in its own 2021 accounts. Every holding stands with its own latest accounts.
| Melis, Karin (sole trader)
establishment since 22-08-2002 |
founded in 2002 0659.642.758 |
The network starts from the directors of Addvalue. Every other company they run is a node.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Ruelle des Croix 40 registered office 1390 Grez-Doiceau | 28-07-2003 | 2.133.460.362 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25037G0443/00L000 | 2,035 m² | 1 · 143 m² | 8.5 m · 2 |
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