ANPEX
InactiveFinancials · financial year 2025, micro format
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€189,691▼ 23.7%
2024 · €248,735
Total assets
€215,691▼ 26.3%
2024 · €292,466
Net result
€5,957▼ 85.6%
2024 · €41,311
Working capital
€130,912▼ 26.7%
2024 · €178,585
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 82% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€11,071
2025
Net result€5,957
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€215,691
2025
Equity€189,691
2025
Debt€26,000
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€130,912
2025
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€113,440-€90,665▼ 20.1%-€3,164€46,193€59,681▲ 29.2%€60,471▲ 1.3%€11,071▼ 81.7%
Net result€75,273-€65,383▼ 13.1%-€5,321€32,670€39,928▲ 22.2%€41,311▲ 3.5%€5,957▼ 85.6%
Equity€74,762-€140,145▲ 87.5%€134,825▼ 3.8%€167,495▲ 24.2%€207,423▲ 23.8%€248,735▲ 19.9%€189,691▼ 23.7%
Total assets€184,803-€204,120▲ 10.5%€149,407▼ 26.8%€194,339▲ 30.1%€243,385▲ 25.2%€292,466▲ 20.2%€215,691▼ 26.3%
Debt€110,040-€63,975▼ 41.9%€14,582▼ 77.2%€26,844▲ 84.1%€35,962▲ 34.0%€43,732▲ 21.6%€26,000▼ 40.5%
Working capital€68,208-€73,479▲ 7.7%€33,646▼ 54.2%€76,545▲ 128%€124,977▲ 63.3%€178,585▲ 42.9%€130,912▼ 26.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215,691
Fixed assets
€58,779 ▼ 16.2%
Current assets
€156,913 ▼ 29.4%
Equity and liabilities €215,691
Equity
€189,691 ▼ 23.7%
Debt
€26,000 ▼ 40.5%
Debt's share of the balance-sheet total falls from 15.0% to 12.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23,496▼
2024 · €72,768
Cash flow
€18,381▼
2024 · €53,608
Current ratio
6.04▲
2024 · 5.08
Debt to equity
0.14▼
2024 · 0.18
ROE
3.1%▼
2024 · 16.6%
ROA
2.8%▼
2024 · 14.1%
Interest coverage
19.41▼
2024 · over 100
Debt ≤ 1 year
€26,000▼
2024 · €43,732
Income taxes
€3,904▼
2024 · €18,516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,341 | €7,238 | €11,490 | €12,438 | €12,117 | €12,297 | €12,424 | ▲ 1.0% |
| Other operating charges640/8 | - | - | - | €870 | €1,853 | €656 | €818 | ▲ 24.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €631 | - |
| Gross operating margin9900 | €124,199 | €98,547 | €23,879 | €59,502 | €73,650 | €73,424 | €24,945 | ▼ 66.0% |
| Operating profit (loss)9901 | €113,440 | €90,665 | -€3,164 | €46,193 | €59,681 | €60,471 | €11,071 | ▼ 81.7% |
| Financial income75/76B | - | - | - | €3 | €62 | €15 | - | - |
| Recurring financial income75 | €174 | €0 | €8 | €3 | €62 | €15 | - | - |
| Financial charges65/66B | - | - | - | €1,225 | €1,158 | €659 | €1,210 | ▲ 83.8% |
| Recurring financial charges65 | €3,831 | €969 | €1,464 | €1,225 | €1,158 | €659 | €1,210 | ▲ 83.8% |
| Profit (loss) for the period before taxes9903 | €109,784 | €89,696 | -€4,619 | €44,971 | €58,585 | €59,827 | €9,861 | ▼ 83.5% |
| Income taxes67/77 | €34,510 | €24,313 | €701 | €12,301 | €18,657 | €18,516 | €3,904 | ▼ 78.9% |
| Profit (loss) for the period9904 | €75,273 | €65,383 | -€5,321 | €32,670 | €39,928 | €41,311 | €5,957 | ▼ 85.6% |
| Profit (loss) for the period to be appropriated9905 | €75,273 | €65,383 | -€5,321 | €32,670 | €39,928 | €41,311 | €5,957 | ▼ 85.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €184,803 | €204,120 | €149,407 | €194,339 | €243,385 | €292,466 | €215,691 | ▼ 26.3% |
| Fixed assets21/28 | €6,555 | €66,667 | €101,179 | €90,950 | €82,446 | €70,149 | €58,779 | ▼ 16.2% |
| Tangible fixed assets22/27 | €6,555 | €66,667 | €101,179 | €90,950 | €82,446 | €70,149 | €58,779 | ▼ 16.2% |
| Land and buildings22 | - | - | - | €80,845 | €70,672 | €60,499 | €51,252 | ▼ 15.3% |
| Plant, machinery and equipment23 | - | - | - | €9,183 | €11,155 | €9,334 | €7,512 | ▼ 19.5% |
| Furniture and vehicles24 | - | - | - | €921 | €619 | €317 | €14 | ▼ 95.6% |
| Current assets29/58 | €178,248 | €137,454 | €48,228 | €103,389 | €160,939 | €222,317 | €156,913 | ▼ 29.4% |
| Amounts receivable within one year40/41 | €164,684 | €127,255 | €39,627 | €85,184 | €92,677 | €213,596 | €143,734 | ▼ 32.7% |
| Trade receivables40 | - | - | - | €72,600 | €60,500 | €169,400 | €105,388 | ▼ 37.8% |
| Other amounts receivable41 | - | - | - | €12,584 | €32,177 | €44,196 | €38,346 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €13,563 | €10,198 | €8,602 | €18,205 | €68,262 | €7,964 | €12,393 | ▲ 55.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €757 | €785 | ▲ 3.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €184,803 | €204,120 | €149,407 | €194,339 | €243,385 | €292,466 | €215,691 | ▼ 26.3% |
| Equity10/15 | €74,762 | €140,145 | €134,825 | €167,495 | €207,423 | €248,735 | €189,691 | ▼ 23.7% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €67,650 | €133,000 | €132,210 | €161,290 | €201,210 | €242,520 | €183,470 | ▼ 24.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €159,430 | €199,350 | €240,660 | €181,610 | ▼ 24.5% |
| Profit (loss) carried forward14 | €913 | €946 | -€3,585 | €5 | €13 | €15 | €21 | ▲ 45.9% |
| Amounts payable17/49 | €110,040 | €63,975 | €14,582 | €26,844 | €35,962 | €43,732 | €26,000 | ▼ 40.5% |
| Amounts payable within one year42/48 | €110,040 | €63,975 | €14,582 | €26,844 | €35,962 | €43,732 | €26,000 | ▼ 40.5% |
| Trade debts44 | €3,151 | €27,383 | €1,402 | €1,895 | €1,697 | €4,247 | €9,947 | ▲ 134% |
| Suppliers440/4 | - | - | - | €1,895 | €1,697 | €4,247 | €9,947 | ▲ 134% |
| Taxes, remuneration and social security45 | - | - | - | €20,570 | €34,265 | €39,485 | €16,053 | ▼ 59.3% |
| Taxes450/3 | - | - | - | €20,570 | €34,265 | €37,635 | €16,053 | ▼ 57.3% |
| Remuneration and social security454/9 | - | - | - | - | - | €1,850 | - | - |
| Other amounts payable47/48 | - | - | - | €4,378 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,273 | €65,383 | -€5,321 | €32,670 | €39,928 | €41,311 | €5,957 | ▼ 85.6% |
| + Depreciation and write-downs630 | €6,341 | €7,238 | €11,490 | €12,438 | €12,117 | €12,297 | €12,424 | ▲ 1.0% |
| Operating cash flow (approximation) | €81,615 | €72,621 | €6,169 | €45,108 | €52,044 | €53,608 | €18,381 | ▼ 65.7% |
| Investment in fixed assets (approximation) | - | -€67,350 | -€46,002 | -€2,209 | -€3,613 | €0 | -€1,054 | - |
| Change in cash | - | -€3,365 | -€1,596 | €9,603 | €50,057 | -€60,298 | €4,429 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00014975 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00024282 |
| 30-06-2023 | micro format | 08-01-2024 | 2024-00544907 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00015312 |
| 30-06-2021 | micro format | 26-01-2022 | 2022-01900275 |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03300272 |
| 30-06-2019 | micro format | 08-01-2020 | 2020-00500241 |
| 30-06-2018 | micro format | 19-12-2018 | 2018-75000313 |
| 30-06-2017 | micro format | 19-12-2017 | 2017-72500238 |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70400057 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.