ALLNUTS
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 12 filings
Turnover
≈ €4.2m
Estimated: probably between €2.9m and €6.7m
Total assets
€2.0m▲ 6.1%
2024 · €1.8m
Net result
-€25,544▲ 75.0%
2024 · -€102,249
Working capital
-€794,641▲ 8.4%
2024 · -€867,109
In the rankings
#4 employer in Herk-de-Stad, Wholesale and retail trade sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€50,493
2025
20192025
Net result
-€25,544
▲ 75.0%
2025
lowest quarter of the sector
20192025
Equity
-€617,536
▼ 4.3%
2025
lowest quarter of the sector
20192025
Total assets
€2.0m
▲ 6.1%
2025
highest quarter of the sector
20192025
Debt
€2.6m
▲ 5.7%
2025
20192025
Working capital
-€794,641
▲ 8.4%
2025
lowest quarter of the sector
20192025
Solvency
-31.5%
▲ 0.6pp
2025
lowest quarter of the sector
20192025
Current ratio
0.69
▲ 0.04
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
-1.3%
▲ 4.2pp
2025
lowest quarter of the sector
20192025
Staff (FTE)
17.4
▲ 9.4%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.3m-€0.2m€0.06m▼ 70.8%-€0.2m-€0.1m▲ 54.1%-€0.05m▲ 56.4%€0.05m
Net result-€0.3m-€0.1mabove the sector's middle half€0.03mwithin the sector's middle half▼ 78.9%-€0.3mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 42.5%-€0.1mbelow the sector's middle half▲ 39.0%-€0.03mbelow the sector's middle half▲ 75.0%
Equity-€0.2m--€0.06mbelow the sector's middle half▲ 69.0%-€0.03mbelow the sector's middle half▲ 46.8%-€0.3mbelow the sector's middle half▼ 935%-€0.5mbelow the sector's middle half▼ 52.0%-€0.6mbelow the sector's middle half▼ 20.9%-€0.6mbelow the sector's middle half▼ 4.3%
Total assets€1.1m-€1.3mwithin the sector's middle half▲ 16.4%€1.2mwithin the sector's middle half▼ 3.5%€1.4mwithin the sector's middle half▲ 18.5%€1.3mwithin the sector's middle half▼ 7.0%€1.8mabove the sector's middle half▲ 37.6%€2.0mabove the sector's middle half▲ 6.1%
Debt€1.3m-€1.3m▲ 3.8%€1.3m▼ 5.4%€1.8m▲ 41.3%€1.8m▲ 3.7%€2.4m▲ 33.1%€2.6m▲ 5.7%
Working capital-€0.5m--€0.3mbelow the sector's middle half▲ 35.6%-€0.4mbelow the sector's middle half▼ 19.3%-€0.6mbelow the sector's middle half▼ 74.1%-€0.7mbelow the sector's middle half▼ 22.5%-€0.9mbelow the sector's middle half▼ 16.0%-€0.8mbelow the sector's middle half▲ 8.4%
Solvency-17.4%--4.6%below the sector's middle half▲ 12.7pp-2.6%below the sector's middle half▲ 2.1pp-22.3%below the sector's middle half▼ 19.7pp-36.4%below the sector's middle half▼ 14.1pp-32.0%below the sector's middle half▲ 4.4pp-31.5%below the sector's middle half▲ 0.6pp
Current ratio0.61-0.77below the sector's middle half▲ 0.160.71below the sector's middle half▼ 0.060.64below the sector's middle half▼ 0.070.59below the sector's middle half▼ 0.050.64below the sector's middle half▲ 0.050.69below the sector's middle half▲ 0.04
Return on assets (ROA)-27.3%-10.3%within the sector's middle half▲ 37.6pp2.2%within the sector's middle half▼ 8.0pp-20.1%below the sector's middle half▼ 22.4pp-12.5%below the sector's middle half▲ 7.7pp-5.5%below the sector's middle half▲ 6.9pp-1.3%below the sector's middle half▲ 4.2pp
Staff (FTE)10.2-10.7above the sector's middle half▲ 4.9%13.6above the sector's middle half▲ 27.1%16above the sector's middle half▲ 17.6%15above the sector's middle half▼ 6.3%15.9above the sector's middle half▲ 6.0%17.4above the sector's middle half▲ 9.4%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). 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 €50,493, after a loss of €49,044 in 2024.
Turnover and EBIT margin are not published. The abbreviated 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 €2.0m
Fixed assets
€219,907 ▼ 23.1%
Current assets
€1.7m ▲ 11.5%
Equity and liabilities
Equity-€617,536
Debt€2.6m
Equity is negative. Debt (€2.6m) exceeds the balance-sheet total (€2.0m).
Key figures and ratios
EBITDA
€158,062▲
2024 · €54,655
Cash flow
€82,024▲
2024 · €1,450
Quick ratio
0.23▲
2024 · 0.22
Interest coverage
2.08▲
2024 · 1.03
Debt ≤ 1 year
€2.5m▲
2024 · €2.4m
Debt > 1 year
€2,250=
2024 · €2,250
Staff costs
€819,198▲
2024 · €759,895
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 16 | 16 | 15 | 18 | 20 |
| full-time | 15 | 15 | 14 | 17 | 18 |
| part-time | 1 | 1 | 1 | 1 | 2 |
| in full-time equivalents | 15.7 | 15.5 | 14.5 | 17.8 | 19.6 |
| Average over the year, in full-time equivalents | 13.5 | 16 | 15 | 15.9 | 17.4 |
| On a permanent contract | 13 | 14 | 14 | 15 | 14 |
| Joined | 19 | 7 | 8 | 19 | 18 |
| Left | 14 | 5 | 8 | 16 | 18 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €71,046 | €34,376 | €600 | - | - |
| Pledge on the business | €407,000 | €407,000 | €407,000 | €407,000 | €407,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €172,465 | €119,333 | €57,590 | €128,926 | €41,511 |
| Intangible fixed assets | - | - | €6,420 | - | - |
| Depreciation and write-downs of the year | €117,125 | €139,432 | €129,550 | €103,699 | €107,569 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €37,091 awarded · €37,091 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €12,076 | €12,076 |
| 2024 | 1 | €15,867 | €15,867 |
| 2023 | 1 | €6,720 | €6,720 |
| 2022 | 1 | €2,428 | €2,428 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €43,843 | €40,525 | ▼ 7.6% |
| Remuneration, social security and pensions62 | - | - | €507,634 | €662,139 | €673,311 | €759,895 | €819,198 | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €152,115 | €112,721 | €117,125 | €139,432 | €129,550 | €103,699 | €107,569 | ▲ 3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €380 | -€380 | - | €6,023 | -€231 | - |
| Other operating charges640/8 | - | - | €800 | €1,576 | €1,976 | €9,152 | €2,126 | ▼ 76.8% |
| Gross operating margin9900 | €524,618 | €773,672 | €688,160 | €557,388 | €692,322 | €829,724 | €979,155 | ▲ 18.0% |
| Operating profit (loss)9901 | -€256,478 | €212,893 | €62,221 | -€245,380 | -€112,515 | -€49,044 | €50,493 | - |
| Financial income75/76B | - | - | €540 | €412 | €40 | - | - | - |
| Recurring financial income75 | €3,533 | €4,495 | €540 | €412 | €40 | - | - | - |
| Financial charges65/66B | - | - | €35,345 | €46,129 | €55,042 | €53,206 | €76,038 | ▲ 42.9% |
| Recurring financial charges65 | €52,524 | €87,309 | €35,345 | €46,129 | €55,042 | €53,206 | €76,038 | ▲ 42.9% |
| Profit (loss) for the period before taxes9903 | -€305,469 | €130,079 | €27,415 | -€291,096 | -€167,517 | -€102,249 | -€25,544 | ▲ 75.0% |
| Income taxes67/77 | -€8,532 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€296,937 | €130,079 | €27,415 | -€291,096 | -€167,517 | -€102,249 | -€25,544 | ▲ 75.0% |
| Profit (loss) for the period to be appropriated9905 | -€296,937 | €130,079 | €27,415 | -€291,096 | -€167,517 | -€102,249 | -€25,544 | ▲ 75.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.3m | €1.2m | €1.4m | €1.3m | €1.8m | €2.0m | ▲ 6.1% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 23.1% |
| Intangible fixed assets21 | €0.005m | €0.004m | €0.003m | €0.002m | €0.006m | €0.003m | €0.001m | ▼ 77.5% |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 22.5% |
| Plant, machinery and equipment23 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 16.7% |
| Furniture and vehicles24 | - | - | €0.09m | €0.1m | €0.06m | €0.04m | €0.02m | ▼ 48.3% |
| Leasing and similar rights25 | - | - | €0.005m | €0.004m | €0.003m | €0.001m | €99 | ▼ 93.1% |
| Other tangible fixed assets26 | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 21.6% |
| Current assets29/58 | €0.7m | €1.0m | €0.9m | €1.1m | €1.1m | €1.6m | €1.7m | ▲ 11.5% |
| Stocks and contracts in progress3 | €0.3m | €0.4m | €0.5m | €0.7m | €0.7m | €1.0m | €1.2m | ▲ 13.9% |
| Stocks30/36 | - | - | €0.5m | €0.7m | €0.7m | €1.0m | €1.2m | ▲ 13.9% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 7.3% |
| Trade receivables40 | - | - | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 7.4% |
| Other amounts receivable41 | - | - | €0.02m | €23 | €0.001m | €486 | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €65 | €405 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €0.009m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 1.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.2m | €1.4m | €1.3m | €1.8m | €2.0m | ▲ 6.1% |
| Equity10/15 | -€0.2m | -€0.06m | -€0.03m | -€0.3m | -€0.5m | -€0.6m | -€0.6m | ▼ 4.3% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.08m | -€0.05m | -€0.3m | -€0.5m | -€0.6m | -€0.6m | ▼ 4.2% |
| Amounts payable17/49 | €1.3m | €1.3m | €1.3m | €1.8m | €1.8m | €2.4m | €2.6m | ▲ 5.7% |
| Amounts payable after more than one year17 | €0.1m | €0.07m | €0.03m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Financial debts170/4 | - | - | €0.03m | - | - | - | - | - |
| Other amounts payable178/9 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €1.2m | €1.3m | €1.2m | €1.7m | €1.8m | €2.4m | €2.5m | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | €0.04m | €0.03m | €0.001m | - | - | - |
| Financial debts43 | - | - | €0.004m | €0.005m | - | €106 | - | - |
| Credit institutions430/8 | - | - | €0.004m | €0.005m | - | €106 | - | - |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.6m | €0.3m | ▼ 42.1% |
| Suppliers440/4 | - | - | €0.3m | €0.3m | €0.2m | €0.6m | €0.3m | ▼ 42.1% |
| Taxes, remuneration and social security45 | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 5.1% |
| Taxes450/3 | - | - | €243 | €0.001m | €0.001m | €0.002m | €0.003m | ▲ 55.6% |
| Remuneration and social security454/9 | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.2% |
| Other amounts payable47/48 | - | - | €0.8m | €1.3m | €1.5m | €1.8m | €2.1m | ▲ 19.4% |
| Accrued charges and deferred income492/3 | - | - | €0.005m | €0.05m | €0.001m | €0.009m | €0.04m | ▲ 372% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€296,937 | €130,079 | €27,415 | -€291,096 | -€167,517 | -€102,249 | -€25,544 | ▲ 75.0% |
| + Depreciation and write-downs630 | €152,115 | €112,721 | €117,125 | €139,432 | €129,550 | €103,699 | €107,569 | ▲ 3.7% |
| Operating cash flow (approximation) | -€144,822 | €242,800 | €144,540 | -€151,664 | -€37,967 | €1,450 | €82,024 | ▲ 57× |
| Investment in fixed assets (approximation) | - | -€34,627 | -€172,465 | -€119,333 | -€54,336 | -€128,326 | -€41,511 | ▲ 67.7% |
| Change in cash | - | €126,561 | -€226,738 | €340 | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,216 companies had the same profile as ALLNUTS has now. Two years later, 95.7% were still going and 1.1% had gone bankrupt.
- Small
- 10 to 20 years old
- negative equity
- a small loss
95.7%
was still going
2.6%
stopped otherwise
1.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALLNUTS itself is higher: 2.5% within 12 months. It rests on far more data about ALLNUTS than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,216 companies, not a prediction for ALLNUTS. 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00098870 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00085728 | |
| 30-09-2023 | abbreviated format | 22-05-2024 | 2024-00093400 | |
| 30-09-2022 | abbreviated format | 05-05-2023 | 2023-00080712 | |
| 30-09-2021 | abbreviated format | 29-04-2022 | 2022-20016203 | |
| 30-09-2020 | abbreviated format | 29-04-2021 | 2021-12300271 | |
| 30-09-2019 | abbreviated format | 27-05-2020 | 2020-13200370 | |
| 31-12-2017 | abbreviated format | 18-06-2018 | 2018-19900196 | |
| 31-12-2016 | abbreviated format | 10-06-2017 | 2017-16600022 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-27900162 |