Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 6 filings
Turnover
≈ €23,000
Estimated: probably between €13,000 and €55,000
Total assets
€171,929▲ 35.9%
2024 · €126,488
Net result
Not included in this filing
Working capital
€38,606▲ 51.5%
2024 · €25,485
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€1,133
2025
20202025
Equity
€31,248
=
2025
middle half of the sector
20202025
Total assets
€171,929
▲ 35.9%
2025
middle half of the sector
20202025
Debt
€140,681
▲ 47.7%
2025
20202025
Working capital
€38,606
▲ 51.5%
2025
middle half of the sector
20202025
Solvency
18.2%
▼ 6.5pp
2025
lowest quarter of the sector
20202025
Current ratio
1.29
▲ 0.02
2025
middle half of the sector
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€1,492-€1,303▼ 12.7%€2,003▲ 53.8%€1,920▼ 4.2%-€2,423€1,133
Equity€26,040below the sector's middle half-€26,040below the sector's middle half=€26,040below the sector's middle half=€26,040below the sector's middle half=€31,248below the sector's middle half▲ 20.0%€31,248within the sector's middle half=
Total assets€114,951below the sector's middle half-€174,566below the sector's middle half▲ 51.9%€230,136below the sector's middle half▲ 31.8%€227,269within the sector's middle half▼ 1.2%€126,488within the sector's middle half▼ 44.3%€171,929within the sector's middle half▲ 35.9%
Debt€88,911-€148,526▲ 67.1%€204,096▲ 37.4%€201,229▼ 1.4%€95,240▼ 52.7%€140,681▲ 47.7%
Working capital€26,040within the sector's middle half-€121,330within the sector's middle half▲ 366%€27,250within the sector's middle half▼ 77.5%€21,212within the sector's middle half▼ 22.2%€25,485within the sector's middle half▲ 20.1%€38,606within the sector's middle half▲ 51.5%
Solvency22.7%within the sector's middle half-14.9%within the sector's middle half▼ 7.7pp11.3%below the sector's middle half▼ 3.6pp11.5%below the sector's middle half▲ 0.1pp24.7%below the sector's middle half▲ 13.2pp18.2%below the sector's middle half▼ 6.5pp
Current ratio1.29within the sector's middle half-3.28within the sector's middle half▲ 1.991.13within the sector's middle half▼ 2.141.11below the sector's middle half▼ 0.031.28within the sector's middle half▲ 0.171.29within the sector's middle half▲ 0.02
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €1,133, after a loss of €2,423 in 2024.
Turnover 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,929
Fixed assets
€2,142 ▼ 76.9%
Current assets
€169,787 ▲ 44.8%
Equity and liabilities €171,929
Equity
€31,248 =
Debt
€140,681 ▲ 47.7%
Debt's share of the balance-sheet total rises from 75.3% to 81.8%. Debt is higher.
Key figures and ratios
Debt to equity
4.50▲
2024 · 3.05
Debt ≤ 1 year
€131,181▲
2024 · €91,735
Income taxes
€107▲
2024 · €106
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | €4,828 | €4,440 | €0 |
| Depreciation and write-downs of the year | - | - | €2,138 | €0 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €942 | - | - | €2,138 | €0 | - | - |
| Other operating charges640/8 | - | €522 | €525 | €826 | €1,820 | €2,839 | ▲ 55.9% |
| Gross operating margin9900 | €3,229 | €1,824 | €2,529 | €4,883 | -€603 | €3,972 | - |
| Operating profit (loss)9901 | €1,492 | €1,303 | €2,003 | €1,920 | -€2,423 | €1,133 | - |
| Financial income75/76B | - | €36 | €2 | €0 | €4,223 | €791 | ▼ 81.3% |
| Recurring financial income75 | €118 | €36 | €2 | €0 | €4,223 | €791 | ▼ 81.3% |
| Financial charges65/66B | - | €1,279 | €1,545 | €1,550 | €1,694 | €1,817 | ▲ 7.3% |
| Recurring financial charges65 | €1,462 | €1,279 | €1,545 | €1,550 | €1,694 | €1,817 | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €148 | €60 | €460 | €370 | €106 | €107 | ▲ 1.6% |
| Income taxes67/77 | €148 | €60 | €460 | €370 | €106 | €107 | ▲ 1.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €114,951 | €174,566 | €230,136 | €227,269 | €126,488 | €171,929 | ▲ 35.9% |
| Fixed assets21/28 | - | - | - | €4,828 | €9,268 | €2,142 | ▼ 76.9% |
| Financial fixed assets28 | - | - | - | €4,828 | €9,268 | €2,142 | ▼ 76.9% |
| Current assets29/58 | €114,951 | €174,566 | €230,136 | €222,441 | €117,219 | €169,787 | ▲ 44.8% |
| Amounts receivable within one year40/41 | €99,425 | €173,577 | €218,654 | €138,332 | €100,936 | €168,602 | ▲ 67.0% |
| Trade receivables40 | - | €129,917 | €178,551 | €105,761 | €100,936 | €156,194 | ▲ 54.7% |
| Other amounts receivable41 | - | €43,660 | €40,103 | €32,571 | €0 | €12,408 | - |
| Cash at bank and in hand54/58 | €13,582 | €989 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €11,483 | €84,108 | €16,283 | €1,185 | ▼ 92.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €114,951 | €174,566 | €230,136 | €227,269 | €126,488 | €171,929 | ▲ 35.9% |
| Equity10/15 | €26,040 | €26,040 | €26,040 | €26,040 | €31,248 | €31,248 | = |
| Contributions10/11 | €26,040 | €26,040 | €26,040 | €26,040 | €31,248 | €31,248 | = |
| Capital10 | - | €26,040 | €26,040 | - | - | - | - |
| Issued capital100 | - | €26,040 | €26,040 | - | - | - | - |
| Amounts payable17/49 | €88,911 | €148,526 | €204,096 | €201,229 | €95,240 | €140,681 | ▲ 47.7% |
| Amounts payable within one year42/48 | €88,911 | €53,236 | €202,886 | €201,229 | €91,735 | €131,181 | ▲ 43.0% |
| Financial debts43 | - | €1 | €45,523 | €20,566 | €49,124 | €46,526 | ▼ 5.3% |
| Credit institutions430/8 | - | €1 | €45,523 | €20,566 | €49,124 | €46,526 | ▼ 5.3% |
| Trade debts44 | €88,763 | €227 | €156,913 | €171,280 | €26,425 | €81,560 | ▲ 209% |
| Suppliers440/4 | - | €227 | €156,913 | €171,280 | €26,425 | €81,560 | ▲ 209% |
| Taxes, remuneration and social security45 | - | €53,009 | €449 | €9,383 | €16,186 | €3,095 | ▼ 80.9% |
| Taxes450/3 | - | €53,009 | €449 | €9,383 | €16,186 | €3,095 | ▼ 80.9% |
| Accrued charges and deferred income492/3 | - | €95,290 | €1,210 | €0 | €3,505 | €9,500 | ▲ 171% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| + Depreciation and write-downs630 | €942 | - | - | €2,138 | €0 | - | - |
| Operating cash flow (approximation) | €942 | - | - | €2,138 | €0 | - | - |
| Investment in fixed assets (approximation) | - | - | - | - | -€4,440 | €7,126 | - |
| Change in cash | - | -€12,593 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00232892 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00308933 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00294942 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00292028 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20253774 | |
| 31-12-2020 | abbreviated format | 20-07-2021 | 2021-38000049 |