ANNAERT JOHAN
Dissolved and wound upFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 13-04-2026 PDF all 15 filings
Equity
€243,398▼ 0.6%
2025 · €244,869
Total assets
€263,573▼ 1.8%
2025 · €268,324
Net result
-€1,471
2025 · €105,512
Working capital
€243,606▼ 0.1%
2025 · €243,844
Multi-year overview
2018 to 2026, 9 financial yearsOperating result
-€3,587
2026
20182026
Net result
-€1,471
2026
20182026
Equity
€243,398
▼ 0.6%
2026
20182026
Total assets
€263,573
▼ 1.8%
2026
20182026
Debt
€19,967
▼ 14.9%
2026
20182026
Working capital
€243,606
▼ 0.1%
2026
20182026
Staff (FTE)
no figure
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€14,387-€20,914▲ 45.4%€17,316▼ 17.2%€47,844▲ 176%€11,883▼ 75.2%-€31,521€51,301€157,765▲ 208%-€3,587
Net result€5,527-€18,589▲ 236%€12,516▼ 32.7%€32,146▲ 157%€10,910▼ 66.1%-€32,305€42,273€105,512▲ 150%-€1,471
Equity€74,138-€91,103▲ 22.9%€102,018▲ 12.0%€123,516▲ 21.1%€132,825▲ 7.5%€100,520▼ 24.3%€141,076▲ 40.3%€244,869▲ 73.6%€243,398▼ 0.6%
Total assets€153,144-€158,592▲ 3.6%€147,065▼ 7.3%€157,732▲ 7.3%€159,793▲ 1.3%€127,815▼ 20.0%€175,923▲ 37.6%€268,324▲ 52.5%€263,573▼ 1.8%
Debt€79,007-€67,489▼ 14.6%€45,047▼ 33.3%€34,216▼ 24.0%€26,967▼ 21.2%€27,294▲ 1.2%€34,848▲ 27.7%€23,455▼ 32.7%€19,967▼ 14.9%
Working capital€68,949-€44,934▼ 34.8%€33,282▼ 25.9%€63,521▲ 90.9%€83,214▲ 31.0%€39,879▼ 52.1%€96,981▲ 143%€243,844▲ 151%€243,606▼ 0.1%
Staff (FTE)1.3-1.3=1.1▼ 15.4%1▼ 9.1%1=1=0.5▼ 50.0%0▼ 100%
The operating result for 2026 is a loss of €3,587, after a profit of €157,765 in 2025. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €263,573
Equity
€243,398 ▼ 0.6%
Provisions
€208
Debt
€19,967 ▼ 14.9%
Debt's share of the balance-sheet total falls from 8.7% to 7.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,587▼
2025 · €158,048
Cash flow
-€1,471▼
2025 · €105,795
Current ratio
13.20▲
2025 · 11.40
Debt to equity
0.08▼
2025 · 0.10
ROE
-0.6%▼
2025 · 43.1%
ROA
-0.6%▼
2025 · 39.3%
Interest coverage
-39.89▼
2025 · 42.73
Debt ≤ 1 year
€19,967▼
2025 · €23,441
Income taxes
€0▼
2025 · €49,537
Staff costs
€0▼
2025 · €33
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | - | 0 |
| full-time | 0 | 0 | 0 | - | 0 |
| part-time | 1 | 1 | 1 | - | 0 |
| in full-time equivalents | 0.5 | 0.5 | 0.5 | - | 0 |
| Average over the year, in full-time equivalents | 0.5 | 0.6 | 0.5 | 0.5 | 0 |
| On a permanent contract | 1 | 1 | 1 | - | 0 |
| Joined | - | - | - | 0 | - |
| Left | - | - | - | 1 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 | 13-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,049 | €33,994 | €2,579 | €10,920 | - |
| Depreciation and write-downs of the year | €18,950 | €22,440 | €19,421 | €283 | €0 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,184 | €846 | €2,592 | €654 | €33 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,186 | €16,956 | €15,507 | €17,292 | €18,950 | €22,440 | €19,421 | €283 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,200 | €730 | €914 | €683 | €55,438 | €1,668 | ▼ 97.0% |
| Gross operating margin9900 | €105,760 | €82,447 | €71,727 | €80,521 | €32,409 | -€5,575 | €72,059 | €213,519 | -€1,920 | - |
| Operating profit (loss)9901 | €14,387 | €20,914 | €17,316 | €47,844 | €11,883 | -€31,521 | €51,301 | €157,765 | -€3,587 | - |
| Financial income75/76B | - | - | - | €367 | €6,280 | €2,893 | €3,287 | €982 | €2,206 | ▲ 125% |
| Recurring financial income75 | €127 | €8,898 | €4,309 | €367 | €6,280 | €2,893 | €3,287 | €982 | €2,206 | ▲ 125% |
| Financial charges65/66B | - | - | - | €3,887 | €3,487 | €3,676 | €4,857 | €3,699 | €90 | ▼ 97.6% |
| Recurring financial charges65 | €5,799 | €4,562 | €5,464 | €3,887 | €3,487 | €3,676 | €4,857 | €3,699 | €90 | ▼ 97.6% |
| Profit (loss) for the period before taxes9903 | €8,715 | €25,250 | €16,161 | €44,325 | €14,676 | -€32,304 | €49,731 | €155,048 | -€1,471 | - |
| Income taxes67/77 | €3,188 | €6,661 | €3,646 | €12,179 | €3,766 | €1 | €7,458 | €49,537 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €5,527 | €18,589 | €12,516 | €32,146 | €10,910 | -€32,305 | €42,273 | €105,512 | -€1,471 | - |
| Profit (loss) for the period to be appropriated9905 | €5,527 | €18,589 | €12,516 | €32,146 | €10,910 | -€32,305 | €42,273 | €105,512 | -€1,471 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €153,144 | €158,592 | €147,065 | €157,732 | €159,793 | €127,815 | €175,923 | €268,324 | €263,573 | ▼ 1.8% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €34,375 | €59,060 | €68,748 | €60,241 | €50,340 | €61,894 | €45,052 | €1,039 | €0 | ▼ 100% |
| Intangible fixed assets21 | €24 | €14 | €0 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €34,351 | €59,046 | €68,748 | €60,241 | €50,340 | €61,894 | €45,052 | €1,039 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €47,720 | €43,903 | €61,541 | €44,907 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €12,521 | €6,437 | €353 | €145 | €1,039 | €0 | ▼ 100% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - | - |
| Current assets29/58 | €118,769 | €99,531 | €78,318 | €97,491 | €109,452 | €65,920 | €130,872 | €267,285 | €263,573 | ▼ 1.4% |
| Stocks and contracts in progress3 | €1,490 | €1,088 | €808 | €628 | €606 | €554 | €590 | €0 | - | - |
| Stocks30/36 | - | - | - | €628 | €606 | €554 | €590 | €0 | - | - |
| Amounts receivable within one year40/41 | €0 | €14,743 | €11,891 | €1,580 | €6,838 | €7,720 | €5,698 | €12,126 | €11,295 | ▼ 6.9% |
| Trade receivables40 | - | - | - | €0 | €2,941 | €2,809 | €0 | €118 | €576 | ▲ 386% |
| Other amounts receivable41 | - | - | - | €1,580 | €3,897 | €4,910 | €5,698 | €12,008 | €10,719 | ▼ 10.7% |
| Current investments50/53 | €90,104 | €55,104 | €35,332 | €50,332 | €65,332 | €32,573 | €29,467 | €29,467 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €22,987 | €26,214 | €28,847 | €43,309 | €32,033 | €20,240 | €90,840 | €224,290 | €252,278 | ▲ 12.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,642 | €4,643 | €4,833 | €4,277 | €1,401 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €153,144 | €158,592 | €147,065 | €157,732 | €159,793 | €127,815 | €175,923 | €268,324 | €263,573 | ▼ 1.8% |
| Equity10/15 | €74,138 | €91,103 | €102,018 | €123,516 | €132,825 | €100,520 | €141,076 | €244,869 | €243,398 | ▼ 0.6% |
| Contributions10/11 | €25,000 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €17,917 | €34,882 | €45,798 | €67,295 | €76,605 | €76,605 | €116,076 | €219,269 | €218,398 | ▼ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €2,500 | €2,500 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,500 | €2,500 | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €64,795 | €74,105 | €76,605 | €116,076 | €219,269 | €218,398 | ▼ 0.4% |
| Profit (loss) carried forward14 | €31,221 | €31,221 | €31,221 | €31,221 | €31,221 | -€1,084 | €0 | €600 | €0 | ▼ 100% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | €208 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | - | €208 | - |
| Environmental obligations163 | - | - | - | - | - | - | - | - | €208 | - |
| Amounts payable17/49 | €79,007 | €67,489 | €45,047 | €34,216 | €26,967 | €27,294 | €34,848 | €23,455 | €19,967 | ▼ 14.9% |
| Amounts payable after more than one year17 | €29,166 | €12,500 | €0 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,820 | €54,597 | €45,036 | €33,970 | €26,238 | €26,042 | €33,891 | €23,441 | €19,967 | ▼ 14.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - | - | - | - | - | - |
| Trade debts44 | €19,066 | €22,648 | €27,383 | €13,243 | €16,177 | €7,488 | €9,736 | €50 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €13,243 | €16,177 | €7,488 | €9,736 | €50 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €10,079 | €931 | €6,962 | €11,690 | €10,552 | €10,319 | ▼ 2.2% |
| Taxes450/3 | - | - | - | €3,055 | €931 | €1,562 | €7,295 | €10,552 | €10,319 | ▼ 2.2% |
| Remuneration and social security454/9 | - | - | - | €7,024 | €0 | €5,400 | €4,394 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €10,648 | €9,130 | €11,592 | €12,465 | €12,840 | €9,648 | ▼ 24.9% |
| Accrued charges and deferred income492/3 | - | - | - | €246 | €729 | €1,252 | €957 | €14 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,527 | €18,589 | €12,516 | €32,146 | €10,910 | -€32,305 | €42,273 | €105,512 | -€1,471 | - |
| + Depreciation and write-downs630 | €46,186 | €16,956 | €15,507 | €17,292 | €18,950 | €22,440 | €19,421 | €283 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €51,712 | €35,545 | €28,022 | €49,438 | €29,860 | -€9,865 | €61,695 | €105,795 | -€1,471 | - |
| Investment in fixed assets (approximation) | - | -€41,641 | -€25,194 | -€8,785 | -€9,049 | -€33,994 | -€2,579 | €43,729 | €1,039 | ▼ 97.6% |
| Change in cash | - | €3,227 | €2,634 | €14,462 | -€11,276 | -€11,793 | €70,599 | €133,451 | €27,988 | ▼ 79.0% |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 13-03-2026 | micro format | 13-04-2026 | 2026-00077914 | |
| 31-12-2025 | micro format | 03-03-2026 | 2026-00048865 | |
| 31-12-2024 | micro format | 15-05-2025 | 2025-00098022 | |
| 31-12-2023 | micro format | 13-05-2024 | 2024-00087012 | |
| 31-12-2022 | micro format | 15-05-2023 | 2023-00086831 | |
| 31-12-2021 | micro format | 09-05-2022 | 2022-20022821 | |
| 31-12-2020 | micro format | 29-05-2021 | 2021-16000167 | |
| 31-12-2019 | micro format | 11-05-2020 | 2020-11800510 | |
| 31-12-2018 | micro format | 29-05-2019 | 2019-14900492 | |
| 31-12-2017 | micro format | 29-05-2018 | 2018-14300545 |