ALLTOOLS
InactiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-09-2025 PDF all 18 filings
Turnover
≈ €1.8m
Estimated: probably between €1.2m and €2.9m
Total assets
€3.3m▼ 0.5%
2024 · €3.3m
Net result
€500,240▲ 21.9%
2024 · €410,440
Working capital
€3.0m▲ 4.9%
2024 · €2.8m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 1% higher than in 2024. It is a recovery after the fall in 2024.
Operating result€0.5m
2025
Net result€0.5m
2025
Total assets€3.3m
2025
Equity€3.1m
2025
Debt€0.2m
2025
Working capital€3.0m
2025
Staff (FTE)5.3
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.5m-€0.4m▼ 4.9%€0.7m▲ 52.4%€0.4m▼ 37.6%€0.7m▲ 56.0%€0.5m▼ 20.4%€0.5m▲ 0.8%
Net result€0.3m-€0.3m▼ 2.7%€0.5m▲ 61.1%€0.3m▼ 41.6%€0.5m▲ 59.4%€0.4m▼ 16.4%€0.5m▲ 21.9%
Equity€1.1m-€1.4m▲ 29.6%€1.9m▲ 38.0%€2.2m▲ 16.1%€2.7m▲ 22.1%€3.0m▲ 12.0%€3.1m▲ 3.3%
Total assets€1.6m-€1.8m▲ 9.9%€2.3m▲ 30.8%€2.6m▲ 11.6%€3.1m▲ 21.5%€3.3m▲ 6.3%€3.3m▼ 0.5%
Debt€0.5m-€0.4m▼ 29.8%€0.4m▲ 4.1%€0.3m▼ 10.6%€0.4m▲ 17.4%€0.3m▼ 31.6%€0.2m▼ 42.2%
Working capital€0.8m-€1.1m▲ 40.0%€1.6m▲ 41.4%€2.0m▲ 22.1%€2.4m▲ 24.0%€2.8m▲ 15.6%€3.0m▲ 4.9%
Staff (FTE)5.2-5.4▲ 3.8%6▲ 11.1%6.8▲ 13.3%6.8=6.5▼ 4.4%5.3▼ 18.5%
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 €3.3m
Fixed assets
€184,362 ▼ 21.5%
Current assets
€3.1m ▲ 1.1%
Equity and liabilities €3.3m
Equity
€3.1m ▲ 3.3%
Debt
€160,413 ▼ 42.2%
Debt's share of the balance-sheet total falls from 8.4% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€569,455▼
2024 · €580,771
Cash flow
€539,494▲
2024 · €465,300
Current ratio
20.11▲
2024 · 11.83
Quick ratio
14.07▲
2024 · 8.38
Debt to equity
0.05▼
2024 · 0.09
ROE
15.9%▲
2024 · 13.5%
ROA
15.2%▲
2024 · 12.4%
Interest coverage
over 100▲
2024 · 95.50
Debt ≤ 1 year
€154,937▼
2024 · €260,505
Income taxes
€160,258▲
2024 · €150,818
Staff costs
€383,892▼
2024 · €393,073
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 7 | 6 | 5 |
| full-time | 6 | 6 | 6 | 5 |
| part-time | 1 | 1 | - | - |
| in full-time equivalents | 6.8 | 6.8 | 6 | 5 |
| Average over the year, in full-time equivalents | 6.8 | 6.8 | 6.5 | 5.3 |
| On a permanent contract | 7 | 7 | 6 | 5 |
| Joined | 1 | - | 0 | 0 |
| Left | 1 | - | 1 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €6,188 | €69,885 | €1,329 | - |
| Depreciation and write-downs of the year | €53,480 | €43,976 | €54,860 | €39,254 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.04m | €0.05m | €0.05m | €0.04m | €0.05m | €0.04m | ▼ 28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.004m | -€0.004m | €0.05m | - |
| Other operating charges640/8 | - | - | - | €0.003m | €0.01m | €0.003m | €0.02m | ▲ 654% |
| Non-recurring operating charges66A | - | - | - | - | €0.002m | €0.002m | €0.01m | ▲ 460% |
| Gross operating margin9900 | €0.8m | €0.8m | €1.1m | €0.9m | €1.1m | €1.0m | €1.0m | ▲ 6.7% |
| Operating profit (loss)9901 | €0.5m | €0.4m | €0.7m | €0.4m | €0.7m | €0.5m | €0.5m | ▲ 0.8% |
| Financial income75/76B | - | - | - | €0.005m | €0.006m | €0.04m | €0.1m | ▲ 221% |
| Recurring financial income75 | €0.03m | €0.03m | €0.03m | €0.005m | €0.006m | €0.04m | €0.1m | ▲ 221% |
| Financial charges65/66B | - | - | - | €0.007m | €0.007m | €0.006m | €0.003m | ▼ 58.4% |
| Recurring financial charges65 | €0.009m | €0.009m | €0.008m | €0.007m | €0.007m | €0.006m | €0.003m | ▼ 58.4% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.5m | €0.7m | €0.4m | €0.7m | €0.6m | €0.7m | ▲ 17.7% |
| Income taxes67/77 | €0.2m | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 6.3% |
| Profit (loss) for the period9904 | €0.3m | €0.3m | €0.5m | €0.3m | €0.5m | €0.4m | €0.5m | ▲ 21.9% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.3m | €0.5m | €0.3m | €0.5m | €0.4m | €0.5m | ▲ 21.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.6m | €1.8m | €2.3m | €2.6m | €3.1m | €3.3m | €3.3m | ▼ 0.5% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 21.5% |
| Intangible fixed assets21 | - | €0.02m | €0.04m | €0.03m | €0.02m | €0.01m | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 17.7% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.07m | €0.06m | €0.04m | ▼ 28.1% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €0.1m | - |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.002m | ▼ 49.6% |
| Current assets29/58 | €1.3m | €1.5m | €2.0m | €2.3m | €2.8m | €3.1m | €3.1m | ▲ 1.1% |
| Stocks and contracts in progress3 | €0.4m | €0.5m | €0.6m | €0.6m | €0.7m | €0.9m | €0.9m | ▲ 4.2% |
| Stocks30/36 | - | - | - | €0.6m | €0.7m | €0.9m | €0.9m | ▲ 4.2% |
| Amounts receivable within one year40/41 | €0.5m | €0.6m | €0.7m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 14.7% |
| Trade receivables40 | - | - | - | €0.6m | €0.6m | €0.5m | €0.6m | ▲ 12.9% |
| Other amounts receivable41 | - | - | - | €0.009m | - | €0.07m | €0.09m | ▲ 27.8% |
| Current investments50/53 | - | - | - | - | - | €1.4m | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.4m | €0.7m | €1.0m | €1.6m | €0.2m | €1.5m | ▲ 545% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.03m | ▲ 73.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €2.3m | €2.6m | €3.1m | €3.3m | €3.3m | ▼ 0.5% |
| Equity10/15 | €1.1m | €1.4m | €1.9m | €2.2m | €2.7m | €3.0m | €3.1m | ▲ 3.3% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.1m | €1.4m | €1.9m | €2.2m | €2.7m | €3.0m | €3.1m | ▲ 3.3% |
| Distributable reserves133 | - | - | - | €2.2m | €2.7m | €3.0m | €3.1m | ▲ 3.3% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 42.2% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 40.5% |
| Trade debts44 | €0.06m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.09m | ▼ 27.1% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.09m | ▼ 27.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.1m | €0.06m | €0.07m | ▲ 19.0% |
| Taxes450/3 | - | - | - | €0.003m | €0.07m | - | €0.01m | - |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.06m | €0.06m | €0.06m | ▲ 2.7% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.09m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.01m | €0.02m | €0.005m | ▼ 67.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.3m | €0.5m | €0.3m | €0.5m | €0.4m | €0.5m | ▲ 21.9% |
| + Depreciation and write-downs630 | €0.05m | €0.04m | €0.05m | €0.05m | €0.04m | €0.05m | €0.04m | ▼ 28.4% |
| Operating cash flow (approximation) | €0.4m | €0.4m | €0.6m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 15.9% |
| Investment in fixed assets (approximation) | - | -€0.04m | -€0.1m | -€0.006m | -€0.07m | -€0.003m | €0.01m | - |
| Change in cash | - | -€0.03m | €0.3m | €0.3m | €0.5m | -€1.3m | €1.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | abbreviated format | 30-09-2025 | 2025-00528967 | |
| 31-03-2024 | abbreviated format | 31-10-2024 | 2024-00529598 | |
| 31-03-2023 | abbreviated format | 30-11-2023 | 2023-00523373 | |
| 31-03-2022 | abbreviated format | 27-11-2022 | 2022-20528564 | |
| 31-03-2021 | abbreviated format | 29-10-2021 | 2021-76500451 | |
| 31-03-2020 | abbreviated format | 28-11-2020 | 2020-74500308 | |
| 31-03-2019 | abbreviated format | 31-10-2019 | 2019-73200161 | |
| 31-03-2018 | abbreviated format | 30-10-2018 | 2018-71100576 | |
| 31-03-2017 | abbreviated format | 17-11-2017 | 2017-69900265 | |
| 31-03-2016 | abbreviated format | 31-10-2016 | 2016-66600299 |