Always Keep Learning
Annual accounts 2025
abbreviated format, filed on 29-01-2026, 183 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.3m. Estimated: probably between €2.9m and €7.0m.
Balance sheet
balance sheet total €9.0m on 31-12-2025in €m
in €m
Position in the sector
28.9%
Higher than 38% of 646 companies in 2025.
12.43
Higher than 95% of 634 companies in 2025.
19.7%
Higher than 84% of 639 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: bottom quarter
Staff
€20,354
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
9.0m | 2.1m | |
21/28 |
22,927 | - | |
21 |
22,927 | - | |
29/58 |
8.9m | 2.1m | |
40/41 |
20,552 | 92,037 | |
40 |
20,462 | 86,689 | |
41 |
90 | 5,348 | |
50/53 |
456,251 | 458,817 | |
54/58 |
8.5m | 1.6m | |
| Balance sheet: equity and liabilities | |||
10/49 |
9.0m | 2.1m | |
10/15 |
2.6m | 824,883 | |
10/11 |
1,501 | 1,501 | |
13 |
526,250 | 210,500 | |
132 |
526,250 | 210,500 | |
14 |
2.1m | 612,882 | |
17/49 |
6.4m | 1.3m | |
42/48 |
718,394 | 279,832 | |
44 |
821 | 12,530 | |
440/4 |
821 | 12,530 | |
45 |
713,232 | 267,302 | |
450/3 |
711,604 | 267,302 | |
454/9 |
1,628 | - | |
47/48 |
4,341 | - | |
492/3 |
5.6m | 1.0m | |
| Income statement | |||
9900 |
2.5m | 1.0m | |
62 |
2,035 | - | |
630 |
76 | - | |
640/8 |
866 | 505 | |
9901 |
2.5m | 1.0m | |
75/76B |
136,594 | 42,409 | |
75 |
136,594 | 42,409 | |
65/66B |
281,297 | 62,465 | |
65 |
281,297 | 62,464 | |
66B |
- | 1 | |
9903 |
2.3m | 995,050 | |
67/77 |
579,610 | 250,111 | |
9904 |
1.8m | 744,939 | |
689 |
315,750 | 210,500 | |
9905 |
1.4m | 534,439 | |
| Appropriation of the result | |||
9906 |
2.1m | 612,882 | |
14P |
612,882 | 78,443 | |
| Social balance sheet | |||
9087 |
0.1 | - | |
| Document | |||
The notes to these accounts have 5 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 29-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 2.5m | - | ||
| 1.8m | - | ||
| 23,002 | - | ||
| 6.9m | - | ||
| 8.2m | 1.8m | ||
| 28.9% | 38.9% | ||
| 12.43 | 7.58 | ||
| 2.46 | 1.57 | ||
| 68.1% | 90.3% | ||
| 19.7% | 35.1% | ||
| 8.84 | - |
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 |
|---|---|---|
| Intangible fixed assets | €23,002 | - |
| €76 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Always Keep Learning
The operating result for 2025 is 145% higher than in 2024.
Debt's share of the balance-sheet total rises from 61.1% to 71.1%. Equity and debt are higher.