AORTA+
Annual accounts 2025
abbreviated format, filed on 24-08-2026, 24 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €590,000. Estimated: probably between €360,000 and €1.0m.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €824,884 on 31-12-2025in euro
in euro
Position in the sector
4.8%
Higher than 18% of 818 companies in 2025.
0.92
Higher than 23% of 783 companies in 2025.
4.7%
Higher than 50% of 791 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€42,077
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 1 person joined and nobody left. Training hours in 2025: 769.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
824,884 | 813,866 | 950,085 | 939,624 | 867,894 | 845,473 | 865,916 | 387,900 | 366,133 | 327,417 | 408,312 | 405,866 | 353,215 | 440,202 | 493,593 | 292,923 | |
20 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
21/28 |
445,602 | 495,029 | 548,724 | 600,304 | 609,735 | 614,320 | 482,905 | 140,593 | 156,987 | 177,662 | 187,294 | 200,387 | 189,187 | 213,873 | 193,714 | 137,336 | |
21 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
22/27 |
442,503 | 491,930 | 545,625 | 597,205 | 606,636 | 611,221 | 479,806 | 137,994 | 154,388 | 175,063 | 184,695 | 197,788 | 189,057 | 213,743 | 193,714 | 137,336 | |
22 |
431,814 | 469,621 | 507,427 | 542,191 | 570,127 | 573,923 | 461,607 | 120,822 | 132,046 | 140,822 | 151,923 | 163,025 | 174,126 | 185,647 | 176,364 | 116,864 | |
23 |
4,053 | 10,119 | 18,609 | 35,178 | 29,902 | 35,869 | 13,156 | 8,262 | 9,378 | 12,856 | 11,258 | 3,811 | 3,637 | 11,749 | 16,226 | 20,137 | |
24 |
6,635 | 12,191 | 19,588 | 19,837 | 6,607 | 1,430 | 5,043 | 8,910 | 12,964 | 21,385 | 21,514 | 30,953 | 11,294 | 16,346 | 1,125 | 335 | |
26 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
27 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
28 |
3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 2,599 | 2,599 | 2,599 | 2,599 | 2,599 | 130 | 130 | - | - | |
29/58 |
379,282 | 318,837 | 401,361 | 339,319 | 258,159 | 231,153 | 383,011 | 247,307 | 209,146 | 149,755 | 221,018 | 205,479 | 164,028 | 226,330 | 299,879 | 155,586 | |
290 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
291 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
3 |
67,391 | 68,283 | 54,229 | 50,262 | 56,345 | 58,455 | 62,456 | 59,620 | 27,129 | 0 | 0 | 0 | - | - | - | - | |
30/36 |
67,391 | 68,283 | 54,229 | 50,262 | 56,345 | 58,455 | 62,456 | 59,620 | 27,129 | 0 | 0 | 0 | - | - | - | - | |
37 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
40/41 |
172,470 | 241,079 | 309,626 | 234,589 | 111,956 | 53,708 | 299,962 | 169,981 | 150,863 | 83,133 | 194,868 | 171,826 | 144,683 | 167,594 | 119,280 | 109,435 | |
40 |
163,242 | 224,837 | 297,272 | 222,034 | 101,263 | 48,007 | 281,334 | 169,981 | 144,094 | 75,207 | 174,950 | 166,736 | 132,658 | 138,029 | 113,720 | 109,007 | |
41 |
9,228 | 16,242 | 12,354 | 12,555 | 10,693 | 5,701 | 18,628 | 0 | 6,768 | 7,925 | 19,918 | 5,090 | 12,025 | 29,565 | 5,560 | 428 | |
50/53 |
500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 0 | 0 | 0 | - | - | - | - | |
54/58 |
113,003 | 3,301 | 17,789 | 45,424 | 83,351 | 111,350 | 15,646 | 13,095 | 29,526 | 36,644 | 8,935 | 30,650 | 17,546 | 56,110 | 162,137 | 29,306 | |
490/1 |
25,919 | 5,674 | 19,218 | 8,544 | 6,008 | 7,140 | 4,446 | 4,111 | 1,129 | 29,978 | 17,215 | 3,002 | 1,799 | 2,626 | 18,463 | 16,846 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
824,884 | 813,866 | 950,085 | 939,624 | 867,894 | 845,473 | 865,916 | 387,900 | 366,133 | 327,417 | 408,312 | 405,866 | 353,215 | 440,202 | 493,593 | 292,923 | |
10/15 |
39,546 | 879 | -21,071 | 47,739 | 57,047 | 50,796 | 50,611 | 83,006 | 49,324 | 48,190 | 46,538 | 42,093 | 1,599 | 14,821 | 49,342 | 31,541 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
11 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
12 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
13 |
20,946 | - | 0 | 38,447 | 38,447 | 32,196 | 32,011 | 64,406 | 29,590 | 29,590 | 27,938 | 23,493 | 17,231 | 17,231 | 30,742 | 12,941 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
1313 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
132 |
- | - | - | - | - | 0 | 15,371 | 15,371 | 15,371 | 15,371 | 15,371 | 15,371 | 15,371 | 15,371 | 15,371 | 6,470 | |
133 |
20,946 | - | 0 | 36,587 | 36,587 | 30,336 | 14,779 | 47,175 | 12,359 | 12,359 | 10,707 | 6,262 | - | - | 13,511 | 4,610 | |
14 |
0 | -17,721 | -39,671 | -9,308 | - | 0 | 0 | 0 | 1,134 | 0 | 0 | 0 | -34,232 | -21,010 | - | - | |
15 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
160/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
160 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
161 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
162 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
163 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
168 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
17/49 |
785,338 | 812,987 | 971,156 | 891,885 | 810,847 | 794,678 | 815,306 | 304,894 | 316,809 | 279,227 | 361,774 | 363,773 | 351,616 | 425,381 | 444,251 | 261,382 | |
17 |
370,934 | 420,975 | 478,408 | 464,594 | 498,135 | 544,375 | 407,805 | 78,507 | 83,641 | 99,868 | 113,353 | 135,052 | 134,234 | 152,228 | 156,537 | 95,394 | |
170/4 |
370,934 | 420,975 | 478,408 | 464,594 | 498,135 | 544,375 | 407,805 | 78,507 | 83,641 | 99,868 | 113,353 | 135,052 | 134,234 | 152,228 | 156,537 | 95,394 | |
175 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
176 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
178/9 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
42/48 |
411,431 | 391,763 | 490,926 | 426,913 | 312,560 | 248,518 | 406,525 | 225,889 | 230,428 | 177,450 | 246,451 | 226,145 | 214,960 | 269,303 | 287,714 | 165,988 | |
42 |
54,142 | 61,410 | 68,853 | 52,530 | 51,034 | 56,401 | 48,389 | 31,488 | 23,677 | 29,677 | 25,871 | 23,928 | 18,766 | 17,694 | 15,171 | 7,957 | |
43 |
1,045 | 2,587 | 2,588 | 2,573 | - | - | - | - | - | - | - | - | 1,701 | 4,274 | 861 | 3,420 | |
430/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,701 | 4,274 | 861 | 3,420 | |
439 |
1,045 | 2,587 | 2,588 | 2,573 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
44 |
70,082 | 61,889 | 160,953 | 99,129 | 46,505 | 36,208 | 54,413 | 52,854 | 59,255 | 34,969 | 92,960 | 36,594 | 58,542 | 141,751 | 73,735 | 117,800 | |
440/4 |
70,082 | 61,889 | 160,953 | 99,129 | 46,505 | 36,208 | 54,413 | 52,854 | 59,255 | 34,969 | 92,960 | 36,594 | 58,542 | 141,751 | 73,735 | 117,800 | |
441 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
46 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
45 |
47,413 | 31,881 | 33,592 | 36,722 | 44,174 | 25,164 | 12,036 | 44,905 | 13,410 | 10,062 | 9,334 | 24,443 | 1,616 | 928 | 19,573 | 5,056 | |
450/3 |
35,056 | 25,775 | 22,407 | 19,849 | 30,472 | 14,513 | 110 | 32,239 | 236 | 167 | 56 | 16,495 | 473 | 41 | 19,573 | 5,056 | |
454/9 |
12,357 | 6,105 | 11,185 | 16,873 | 13,702 | 10,651 | 11,926 | 12,666 | 13,174 | 9,894 | 9,278 | 7,948 | 1,143 | 887 | - | - | |
47/48 |
238,750 | 233,995 | 224,940 | 235,960 | 170,847 | 130,745 | 291,687 | 96,642 | 134,086 | 102,743 | 118,287 | 141,180 | 134,335 | 104,656 | 178,375 | 31,754 | |
492/3 |
2,973 | 249 | 1,822 | 377 | 152 | 1,785 | 976 | 498 | 2,740 | 1,908 | 1,971 | 2,576 | 2,421 | 3,851 | - | - | |
| Income statement | |||||||||||||||||
70 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - | |
76A |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
9900 |
250,355 | 199,497 | 156,011 | 165,574 | 135,167 | 121,226 | 230,256 | 186,137 | 176,383 | 162,355 | 134,849 | 172,371 | 66,903 | 15,314 | 133,336 | 72,168 | |
60/61 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - | |
62 |
126,230 | 75,086 | 121,119 | 98,145 | 56,291 | 43,538 | 75,698 | 91,653 | 89,112 | 78,082 | 79,959 | 75,784 | 33,890 | 7,152 | - | - | |
630 |
54,800 | 56,564 | 56,869 | 50,321 | 48,627 | 38,047 | 77,241 | 27,571 | 27,175 | 30,269 | 26,430 | 24,739 | 24,266 | 24,287 | 17,730 | 39,622 | |
631/4 |
- | 0 | 11,967 | - | - | 0 | 478 | 0 | 0 | 0 | 0 | 4,497 | 2,710 | - | - | - | |
635/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
640/8 |
6,826 | 24,636 | 10,937 | 4,996 | 4,615 | 2,580 | 1,646 | 2,141 | 2,310 | 7,181 | 1,609 | 952 | 847 | 1,483 | 720 | 1,751 | |
649 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
66A |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
9901 |
62,499 | 43,212 | -44,880 | 12,112 | 25,634 | 37,061 | 75,193 | 64,772 | 57,787 | 46,823 | 26,851 | 66,398 | 5,191 | -17,607 | 114,886 | 30,796 | |
75/76B |
167 | 1,793 | 141 | 65 | 161 | 48 | 170 | 147 | 168 | 170 | 338 | 1,006 | 228 | 1,003 | 1,067 | 1,126 | |
75 |
167 | 1,793 | 141 | 65 | 161 | 48 | 170 | 147 | 168 | 170 | 338 | 1,006 | 228 | 1,003 | 1,067 | 1,126 | |
76B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
65/66B |
23,776 | 22,895 | 23,916 | 21,345 | 19,406 | 20,254 | 11,536 | 12,866 | 12,133 | 9,960 | 16,260 | 17,632 | 18,566 | 17,903 | 14,343 | 9,368 | |
65 |
23,776 | 22,895 | 23,916 | 21,345 | 19,406 | 20,254 | 11,536 | 12,866 | 12,133 | 9,960 | 16,260 | 17,632 | 18,566 | 17,903 | 14,343 | 9,368 | |
66B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
9903 |
38,891 | 22,110 | -68,656 | -9,168 | 6,388 | 16,855 | 63,826 | 52,053 | 45,823 | 37,034 | 10,928 | 49,772 | -13,147 | -34,507 | 101,610 | 22,553 | |
67/77 |
223 | 160 | 154 | 140 | 137 | 1,670 | 4,879 | 18,372 | 5,939 | 4,268 | 6,483 | 9,279 | 74 | 14 | 8,808 | 9,612 | |
9904 |
38,667 | 21,950 | -68,810 | -9,308 | 6,251 | 15,185 | 58,947 | 33,682 | 39,884 | 32,765 | 4,445 | 40,493 | -13,222 | -34,521 | 92,801 | 12,941 | |
789 |
- | - | - | - | - | 15,371 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
689 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 8,901 | 6,470 | |
9905 |
38,667 | 21,950 | -68,810 | -9,308 | 6,251 | 30,556 | 58,947 | 33,682 | 39,884 | 32,765 | 4,445 | 40,493 | -13,222 | -34,521 | 83,901 | 6,470 | |
| Appropriation of the result | |||||||||||||||||
9906 |
20,946 | -17,721 | -78,118 | -9,308 | 6,251 | 30,556 | 58,947 | 34,816 | 39,884 | 32,765 | 4,445 | 6,262 | -34,232 | -34,521 | 83,901 | 6,470 | |
14P |
-17,721 | -39,671 | -9,308 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 0 | 38,447 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 13,511 | - | - | |
691/2 |
20,946 | - | - | 0 | 6,251 | 15,556 | 947 | 34,816 | - | 1,652 | 4,445 | 6,262 | - | - | 8,901 | 6,470 | |
691 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | |
6920 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 1,860 | |
6921 |
20,946 | - | - | 0 | 6,251 | 15,556 | 947 | 34,816 | 0 | 1,652 | 4,445 | 6,262 | - | - | 8,901 | 4,610 | |
694/7 |
- | - | - | - | - | 15,000 | 58,000 | - | 38,750 | 31,113 | - | - | - | - | 75,000 | - | |
694 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 1,113 | 0 | 0 | - | - | - | - | |
695 |
- | - | - | - | - | 15,000 | 58,000 | 0 | 38,750 | 30,000 | 0 | 0 | - | - | 75,000 | - | |
696 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
3 | 2 | 2.3 | 2 | 1.3 | 1 | 1.8 | 2 | 2 | 2 | 2 | 2 | 1 | 0.3 | - | - | |
Hours worked1013 |
3,344 | 1,920 | 3,560 | 3,216 | 1,832 | 1,480 | 2,856 | 3,128 | 3,304 | 3,320 | 3,464 | 3,423 | 1,720 | 368 | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425416.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-08-2026 | 2026-00425416 | |
| 31-12-2024 | abbreviated format | 10-10-2025 | 2025-00540988 | |
| 31-12-2023 | abbreviated format | 24-09-2024 | 2024-00476730 | |
| 31-12-2022 | abbreviated format | 10-10-2023 | 2023-00485586 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20410417 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-43900172 | |
| 31-12-2019 | abbreviated format | 24-07-2020 | 2020-33800155 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-41700126 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-57500430 | |
| 31-12-2016 | abbreviated format | 26-09-2017 | 2017-62500260 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-53400327 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54700386 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-52100456 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-52200163 | |
| 31-12-2011 | abbreviated format | 26-07-2012 | 2012-34600019 | |
| 31-12-2010 | abbreviated format | 29-07-2011 | 2011-36000360 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 117,299 | 99,776 | 11,989 | 62,433 | 74,260 | 75,108 | 152,434 | 92,342 | 84,962 | 77,092 | 53,281 | 91,137 | 29,456 | 6,679 | 132,616 | 70,417 | ||
| 93,468 | 78,514 | -11,941 | 41,013 | 54,878 | 53,232 | 136,188 | 61,252 | 67,059 | 63,035 | 30,875 | 65,232 | 11,044 | -10,235 | 110,532 | 52,563 | ||
| 5,373 | 2,869 | 25,722 | 40,891 | 44,042 | 169,462 | 424,095 | 11,177 | 6,500 | 20,637 | 13,337 | 35,939 | -420 | 44,445 | 74,108 | 176,958 | ||
| 109,702 | -14,488 | -27,635 | -37,927 | -27,999 | 95,703 | 2,551 | -16,431 | -7,118 | 27,709 | -21,715 | 13,104 | -38,564 | -106,027 | 132,831 | - | ||
| -32,149 | -72,926 | -89,565 | -87,594 | -54,401 | -17,364 | -23,514 | 21,417 | -21,282 | -27,695 | -25,433 | -20,666 | -50,932 | -42,973 | 12,165 | -10,401 | ||
| 4.8% | 0.1% | -2.2% | 5.1% | 6.6% | 6.0% | 5.8% | 21.4% | 13.5% | 14.7% | 11.4% | 10.4% | 0.5% | 3.4% | 10.0% | 10.8% | ||
| 0.92 | 0.81 | 0.82 | 0.79 | 0.83 | 0.93 | 0.94 | 1.09 | 0.91 | 0.84 | 0.90 | 0.91 | 0.76 | 0.84 | 1.04 | 0.94 | ||
| 0.76 | 0.64 | 0.71 | 0.68 | 0.65 | 0.69 | 0.79 | 0.83 | 0.79 | 0.84 | 0.90 | 0.91 | 0.76 | 0.84 | 1.04 | 0.94 | ||
| 19.86 | - | - | 18.68 | 14.21 | 15.64 | 16.11 | 3.67 | 6.42 | 5.79 | 7.77 | 8.64 | - | 28.70 | 9.00 | 8.29 | ||
| 97.8% | - | - | -19.5% | 11.0% | 29.9% | 116.5% | 40.6% | 80.9% | 68.0% | 9.6% | 96.2% | -826.6% | -232.9% | 188.1% | 41.0% | ||
| 4.7% | 2.7% | -7.2% | -1.0% | 0.7% | 1.8% | 6.8% | 8.7% | 10.9% | 10.0% | 1.1% | 10.0% | -3.7% | -7.8% | 18.8% | 4.4% | ||
| 4.93 | 4.36 | 0.50 | 2.92 | 3.83 | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 2 | 2 |
| full-time | 3 | 2 | 2 | 2 | 2 |
| part-time | 0 | 0 | 0 | 0 | - |
| in full-time equivalents | 3 | 2 | 2 | 2 | 2 |
| 3 | 2 | 2.3 | 2 | 1.3 | |
| On a permanent contract | 3 | 2 | 2 | 2 | 2 |
| Joined | 1 | - | 1 | - | 1 |
| Left | 0 | - | 1 | - | 0 |
| Training hours | 769 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,373 | €2,869 | €25,722 | €40,891 | €44,042 |
| Financial fixed assets | €0 | - | - | - | - |
| €54,800 | €56,564 | €56,869 | €50,321 | €48,627 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AORTA+
The operating result for 2025 is 45% higher than in 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 99.9% to 95.2%. Equity is higher and debt is lower.