ANUBIS CARE
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 25-03-2026 PDF all 17 filings
Turnover
≈ €3.7m
Estimated: probably between €2.3m and €6.2m
Total assets
€3.3m▲ 6.5%
2024 · €3.1m
Net result
€169,053▲ 35.7%
2024 · €124,558
Working capital
€354,396▲ 7.7%
2024 · €329,102
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€316,289
▲ 35.1%
2025
20182025
Net result
€169,053
▲ 35.7%
2025
highest quarter of the sector
20182025
Equity
€1.0m
▲ 19.4%
2025
highest quarter of the sector
20182025
Total assets
€3.3m
▲ 6.5%
2025
highest quarter of the sector
20182025
Debt
€2.2m
▲ 1.4%
2025
20182025
Working capital
€354,396
▲ 7.7%
2025
middle half of the sector
20182025
Solvency
31.7%
▲ 3.4pp
2025
middle half of the sector
20182025
Current ratio
1.57
▼ 0.01
2025
middle half of the sector
20182025
Return on assets (ROA)
5.2%
▲ 1.1pp
2025
middle half of the sector
20182025
Staff (FTE)
5
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.2m▲ 32.3%€0.3m▲ 74.3%€0.3m▲ 23.1%€0.1m▼ 71.1%€0.1m▲ 42.1%€0.2m▲ 68.2%€0.3m▲ 35.1%
Net result€0.07m-€0.1m▲ 43.3%€0.2mabove the sector's middle half▲ 105%€0.2mabove the sector's middle half▲ 18.6%€0.06mwithin the sector's middle half▼ 76.0%€0.07mwithin the sector's middle half▲ 31.1%€0.1mwithin the sector's middle half▲ 67.4%€0.2mabove the sector's middle half▲ 35.7%
Equity€0.2m-€0.3m▲ 57.8%€0.5mwithin the sector's middle half▲ 75.2%€0.7mwithin the sector's middle half▲ 50.9%€0.8mwithin the sector's middle half▲ 8.1%€0.8mwithin the sector's middle half▲ 6.5%€0.9mwithin the sector's middle half▲ 8.0%€1.0mabove the sector's middle half▲ 19.4%
Total assets€0.9m-€1.1m▲ 27.6%€1.3mwithin the sector's middle half▲ 22.1%€1.6mwithin the sector's middle half▲ 20.2%€1.7mwithin the sector's middle half▲ 3.0%€2.2mwithin the sector's middle half▲ 30.9%€3.1mabove the sector's middle half▲ 42.6%€3.3mabove the sector's middle half▲ 6.5%
Debt€0.7m-€0.8m▲ 20.3%€0.9m▲ 5.1%€0.9m▲ 3.8%€0.9m▼ 0.9%€1.4m▲ 51.6%€2.2m▲ 63.1%€2.2m▲ 1.4%
Working capital€0.1m-€0.1m▲ 27.3%€0.3mwithin the sector's middle half▲ 116%€0.4mwithin the sector's middle half▲ 47.4%€0.5mwithin the sector's middle half▲ 11.1%€0.4mwithin the sector's middle half▼ 10.5%€0.3mwithin the sector's middle half▼ 21.8%€0.4mwithin the sector's middle half▲ 7.7%
Solvency19.6%-24.3%▲ 4.6pp34.8%within the sector's middle half▲ 10.6pp43.7%within the sector's middle half▲ 8.9pp45.9%within the sector's middle half▲ 2.2pp37.3%within the sector's middle half▼ 8.5pp28.3%within the sector's middle half▼ 9.0pp31.7%within the sector's middle half▲ 3.4pp
Current ratio1.26-1.33▲ 0.071.63within the sector's middle half▲ 0.302.23within the sector's middle half▲ 0.602.28within the sector's middle half▲ 0.051.85within the sector's middle half▼ 0.431.58within the sector's middle half▼ 0.271.57within the sector's middle half▼ 0.01
Return on assets (ROA)7.9%-8.9%▲ 1.0pp14.9%above the sector's middle half▲ 6.1pp14.7%above the sector's middle half▼ 0.2pp3.4%within the sector's middle half▼ 11.3pp3.4%within the sector's middle half=4.0%within the sector's middle half▲ 0.6pp5.2%within the sector's middle half▲ 1.1pp
Staff (FTE)2-3.5▲ 75.0%4.4within the sector's middle half▲ 25.7%4.9within the sector's middle half▲ 11.4%5.5within the sector's middle half▲ 12.2%4.7within the sector's middle half▼ 14.5%5within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 35% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
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
€2.3m ▲ 5.4%
Current assets
€973,578 ▲ 9.1%
Equity and liabilities €3.3m
Equity
€1.0m ▲ 19.4%
Debt
€2.2m ▲ 1.4%
Debt's share of the balance-sheet total falls from 71.7% to 68.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€428,210▲
2024 · €313,668
Cash flow
€280,974▲
2024 · €204,044
Quick ratio
1.17▲
2024 · 1.04
Debt to equity
2.15▼
2024 · 2.54
ROE
16.3%▲
2024 · 14.3%
Interest coverage
5.47▲
2024 · 5.46
Debt ≤ 1 year
€619,182▲
2024 · €563,456
Debt > 1 year
€1.6m▼
2024 · €1.6m
Income taxes
€81,133▲
2024 · €59,609
Staff costs
€280,138▲
2024 · €246,563
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 8 | 6 | 7 |
| full-time | 3 | 2 | 1 |
| part-time | 5 | 4 | 6 |
| in full-time equivalents | 5.7 | 4.5 | 5.1 |
| Average over the year, in full-time equivalents | 5.5 | 4.7 | 5 |
| On a permanent contract | 8 | 6 | 7 |
| Joined | 1 | 0 | 1 |
| Left | 1 | 2 | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €25,687 | €518,755 | €1.2m | €645,006 |
| Intangible fixed assets | €16,846 | - | - | €7,600 |
| Financial fixed assets | - | - | - | €0 |
| Depreciation and write-downs of the year | €65,766 | €85,422 | €79,485 | €111,921 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 4 entries · €37,738 awarded · €37,738 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 2 | €14,679 | €14,679 |
| 2022 | 2 | €23,059 | €23,059 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €291,431 | €262,945 | €246,563 | €280,138 | ▲ 13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,097 | €42,447 | €38,749 | €58,252 | €65,766 | €85,422 | €79,485 | €111,921 | ▲ 40.8% |
| Other operating charges640/8 | - | - | - | - | €20,701 | €21,881 | €24,323 | €16,203 | ▼ 33.4% |
| Gross operating margin9900 | €233,410 | €345,263 | €456,117 | €570,055 | €475,852 | €509,484 | €584,555 | €724,551 | ▲ 23.9% |
| Operating profit (loss)9901 | €119,569 | €158,171 | €275,653 | €339,239 | €97,954 | €139,236 | €234,183 | €316,289 | ▲ 35.1% |
| Financial income75/76B | - | - | - | - | €409 | €6,694 | €7,453 | €12,176 | ▲ 63.4% |
| Recurring financial income75 | €4,459 | €2,451 | €6,651 | €1,595 | €409 | €6,694 | €7,453 | €12,176 | ▲ 63.4% |
| Financial charges65/66B | - | - | - | - | €28,523 | €42,565 | €57,469 | €78,278 | ▲ 36.2% |
| Recurring financial charges65 | €30,528 | €26,898 | €23,187 | €25,500 | €28,523 | €42,565 | €57,469 | €78,278 | ▲ 36.2% |
| Profit (loss) for the period before taxes9903 | €93,500 | €133,725 | €259,118 | €315,333 | €69,840 | €103,365 | €184,167 | €250,186 | ▲ 35.8% |
| Income taxes67/77 | €25,824 | €36,713 | €59,947 | €79,071 | €13,085 | €28,961 | €59,609 | €81,133 | ▲ 36.1% |
| Profit (loss) for the period9904 | €67,676 | €97,012 | €199,171 | €236,262 | €56,755 | €74,404 | €124,558 | €169,053 | ▲ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €67,676 | €97,012 | €199,171 | €236,262 | €56,755 | €74,404 | €124,558 | €169,053 | ▲ 35.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €1.1m | €1.3m | €1.6m | €1.7m | €2.2m | €3.1m | €3.3m | ▲ 6.5% |
| Fixed assets21/28 | €0.3m | €0.6m | €0.6m | €0.8m | €0.8m | €1.2m | €2.2m | €2.3m | ▲ 5.4% |
| Intangible fixed assets21 | €0.02m | €0.009m | €0.04m | €0.02m | €0.03m | €0.01m | €0.01m | €0.02m | ▲ 43.4% |
| Tangible fixed assets22/27 | €0.3m | €0.5m | €0.6m | €0.8m | €0.8m | €1.2m | €2.2m | €2.3m | ▲ 5.2% |
| Land and buildings22 | - | - | - | - | €0.7m | €1.2m | €1.9m | €2.3m | ▲ 21.6% |
| Plant, machinery and equipment23 | - | - | - | - | €0.03m | €0.02m | €0.009m | €0.007m | ▼ 22.0% |
| Furniture and vehicles24 | - | - | - | - | €0.02m | €0.04m | €0.03m | €0.02m | ▼ 46.6% |
| Leasing and similar rights25 | - | - | - | - | €0.002m | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €0.3m | €0.004m | ▼ 98.6% |
| Financial fixed assets28 | - | - | €40 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €0.5m | €0.5m | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | ▲ 9.1% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.1m | €0.1m | ▼ 12.9% |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.1m | €0.1m | ▼ 12.9% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 19.0% |
| Stocks30/36 | - | - | - | - | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 19.0% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.4m | ▲ 57.3% |
| Trade receivables40 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 62.6% |
| Other amounts receivable41 | - | - | - | - | €0.06m | €0.04m | €0.07m | €0.1m | ▲ 44.6% |
| Current investments50/53 | - | - | - | - | - | - | €0.003m | €0.001m | ▼ 79.3% |
| Cash at bank and in hand54/58 | €0.06m | €0.1m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 10.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €217 | €0.001m | €0.001m | €0.005m | ▲ 868% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €1.1m | €1.3m | €1.6m | €1.7m | €2.2m | €3.1m | €3.3m | ▲ 6.5% |
| Equity10/15 | €0.2m | €0.3m | €0.5m | €0.7m | €0.8m | €0.8m | €0.9m | €1.0m | ▲ 19.4% |
| 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 | €0.08m | €0.1m | €0.3m | ▲ 121% |
| Non-distributable reserves130/1 | - | - | - | - | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | - | €0.002m | €0 | - | - | - |
| Other1319 | - | - | - | - | - | €0.002m | €0.002m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | - | €0.07m | €0.1m | €0.3m | ▲ 124% |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Amounts payable17/49 | €0.7m | €0.8m | €0.9m | €0.9m | €0.9m | €1.4m | €2.2m | €2.2m | ▲ 1.4% |
| Amounts payable after more than one year17 | €0.3m | €0.4m | €0.4m | €0.6m | €0.5m | €0.9m | €1.6m | €1.6m | ▼ 1.6% |
| Financial debts170/4 | - | - | - | - | €0.5m | €0.9m | €1.6m | €1.6m | ▼ 1.6% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.05m | €0.08m | €0.1m | €0.1m | ▼ 1.3% |
| Financial debts43 | - | - | - | - | €0.04m | €0.2m | €0.2m | €0.3m | ▲ 33.9% |
| Credit institutions430/8 | - | - | - | - | €0.04m | €0.03m | €0.05m | €0.05m | ▼ 4.2% |
| Other loans439 | - | - | - | - | €0 | €0.2m | €0.1m | €0.2m | ▲ 46.9% |
| Trade debts44 | €0.08m | €0.06m | €0.06m | €0.09m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 11.7% |
| Suppliers440/4 | - | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 11.7% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €271 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.07m | €0.07m | €0.1m | €0.1m | ▲ 21.4% |
| Taxes450/3 | - | - | - | - | €0.04m | €0.04m | €0.07m | €0.09m | ▲ 20.1% |
| Remuneration and social security454/9 | - | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 25.1% |
| Other amounts payable47/48 | - | - | - | - | - | €278 | €0.04m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.07m | €0.1m | €0.2m | €0.2m | €0.06m | €0.07m | €0.1m | €0.2m | ▲ 35.7% |
| + Depreciation and write-downs630 | €0.03m | €0.04m | €0.04m | €0.06m | €0.07m | €0.09m | €0.08m | €0.1m | ▲ 40.8% |
| Operating cash flow (approximation) | €0.1m | €0.1m | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 37.7% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.07m | -€0.3m | -€0.04m | -€0.5m | -€1.0m | -€0.2m | ▲ 77.5% |
| Change in cash | - | €0.05m | €0.2m | €0.05m | -€0.1m | -€0.01m | €0.01m | €0.02m | ▲ 126% |
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, 34,693 companies had the same profile as ANUBIS CARE has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of ANUBIS CARE itself: 0.1% within 12 months.
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 34,693 companies, not a prediction for ANUBIS CARE. 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 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-03-2026 | 2026-00061830 | |
| 31-12-2024 | abbreviated format | 05-05-2025 | 2025-00087927 | |
| 31-12-2023 | abbreviated format | 21-06-2024 | 2024-00149663 | |
| 31-12-2022 | abbreviated format | 26-06-2023 | 2023-00163937 | |
| 31-12-2021 | abbreviated format | 28-01-2022 | 2022-02500581 | |
| 31-12-2020 | abbreviated format | 02-03-2021 | 2021-06700032 | |
| 31-12-2019 | abbreviated format | 03-06-2020 | 2020-14300233 | |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-21900027 | |
| 31-12-2017 | abbreviated format | 21-06-2018 | 2018-20900247 | |
| 31-12-2016 | abbreviated format | 18-07-2017 | 2017-32400036 |