Archi -Projects
Annual accounts 2025
abbreviated format, filed on 22-07-2026, 9 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 ≈ €100,000. Estimated: probably between €57,000 and €210,000.
Balance sheet
balance sheet total €2.1m on 31-12-2025in €m
in euro
Position in the sector
95.3%
Higher than 94% of 11,299 companies in 2025.
5.26
Higher than 85% of 10,851 companies in 2025.
-0.9%
Higher than 30% of 11,184 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Staff
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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
2.1m | 2.1m | 2.1m | 3.1m | 3.6m | 3.9m | 3.1m | 3.3m | 2.5m | 2.8m | 1.8m | 2.0m | 1.6m | 1.3m | 1.3m | 1.2m | 1.1m | 970,075 | 878,937 | |
21/28 |
1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.9m | 2.0m | 1.3m | 709,505 | 746,364 | 783,356 | 813,477 | 217,528 | 233,462 | 10,023 | 15,312 | 25,165 | 37,652 | |
22/27 |
1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.9m | 2.0m | 1.3m | 709,505 | 746,364 | 783,356 | 813,477 | 217,528 | 233,462 | 10,023 | 15,312 | 25,165 | 37,652 | |
22 |
1.6m | 1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.9m | 1.1m | 708,048 | 743,449 | 778,850 | 807,382 | 216,801 | 229,165 | 1,529 | 1,439 | 3,876 | 6,313 | |
23 |
- | - | - | - | 797 | 1,594 | 2,391 | 3,188 | - | 102 | 205 | 440 | 675 | 726 | 1,604 | 3,109 | 5,195 | 8,765 | 14,080 | |
24 |
918 | 1,386 | 586 | 2,210 | 3,834 | 4,162 | 5,550 | 31,630 | 42,173 | 1,355 | 2,710 | 4,066 | 5,421 | - | 2,693 | 5,385 | 8,678 | 12,524 | 17,259 | |
27 |
- | - | - | - | - | - | - | - | 117,949 | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | 3,720 | 2,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
508,976 | 517,566 | 482,536 | 1.4m | 1.8m | 2.1m | 1.2m | 1.4m | 1.2m | 2.1m | 1.1m | 1.2m | 791,543 | 1.1m | 1.0m | 1.2m | 1.1m | 944,910 | 841,285 | |
3 |
1,682 | 1,682 | 1,682 | 168,131 | 281,482 | 584,691 | 735,650 | 896,473 | 560,817 | 815,523 | 335,108 | 645,647 | 290,960 | - | - | - | - | - | - | |
30/36 |
1,682 | 1,682 | 1,682 | 168,131 | 281,482 | 584,691 | 735,650 | 896,473 | 560,817 | 815,523 | 335,108 | 645,647 | 290,960 | - | - | - | - | - | - | |
40/41 |
24,542 | 62,644 | 83,620 | 152,632 | 149,428 | 200,232 | 200,232 | 62,725 | 270,964 | 222,875 | 36,714 | 212,810 | 112,810 | 14,383 | 456,137 | 632,698 | 580,543 | 508,598 | 452,732 | |
40 |
24,542 | 38,051 | 39,542 | 129,542 | 149,428 | 150,000 | 150,000 | 62,725 | 102,700 | 119,982 | 36,714 | 15,518 | 87,479 | 4,204 | 55,144 | 3,840 | 912 | 863 | 2,678 | |
41 |
- | 24,593 | 44,078 | 23,090 | - | 50,232 | 50,232 | - | 168,264 | 102,893 | - | 197,293 | 25,330 | 10,179 | 400,993 | 628,859 | 579,631 | 507,735 | 450,054 | |
50/53 |
- | - | - | - | - | - | 203,030 | 203,030 | 203,030 | 209,509 | 203,142 | 207,903 | 198,840 | 525,425 | 300,000 | 300,000 | - | - | - | |
54/58 |
464,061 | 452,766 | 397,008 | 1.1m | 1.4m | 1.3m | 88,176 | 229,978 | 172,847 | 875,821 | 521,065 | 182,560 | 188,039 | 573,645 | 291,186 | 262,149 | 476,817 | 419,131 | 388,553 | |
490/1 |
18,692 | 475 | 227 | 567 | 764 | 706 | 672 | 369 | 369 | 369 | - | 964 | 894 | - | - | - | 11,347 | 17,180 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
2.1m | 2.1m | 2.1m | 3.1m | 3.6m | 3.9m | 3.1m | 3.3m | 2.5m | 2.8m | 1.8m | 2.0m | 1.6m | 1.3m | 1.3m | 1.2m | 1.1m | 970,075 | 878,937 | |
10/15 |
2.0m | 2.0m | 2.0m | 3.0m | 2.8m | 2.6m | 2.4m | 2.4m | 1.9m | 1.6m | 1.6m | 1.3m | 192,024 | 1.3m | 1.2m | 1.1m | 1.0m | 904,056 | 785,447 | |
10/11 |
30,987 | 30,987 | 30,987 | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
100 |
- | - | - | - | - | - | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
1.9m | 595,357 | 594,576 | 564,501 | 393,545 | 230,834 | 230,834 | 229,949 | 227,681 | 227,681 | 227,680 | 126,881 | 41,305 | 41,305 | 41,305 | 41,305 | 41,305 | 41,305 | 41,305 | |
130/1 |
3,153 | 3,153 | 3,153 | 107,052 | 107,052 | 107,052 | 3,153 | 2,268 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 103,899 | 103,899 | 103,899 | 103,899 | 103,898 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | |
1311 |
3,153 | 3,153 | 3,153 | 107,052 | 107,052 | 107,052 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 3,153 | 2,268 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | |
133 |
1.9m | 554,704 | 553,923 | 419,949 | 248,993 | 86,282 | 86,282 | 86,282 | 86,282 | 86,282 | 86,282 | 86,282 | 707 | 707 | 707 | 707 | 707 | 707 | 707 | |
14 |
- | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.2m | 1.1m | 621,949 | 342,228 | 287,036 | 119,732 | 119,732 | 1.2m | 1.1m | 1.1m | 952,452 | 831,764 | 713,155 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | 12,500 | 12,500 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | 12,500 | 12,500 | |
17/49 |
96,713 | 131,107 | 145,881 | 148,319 | 787,849 | 1.3m | 637,348 | 977,583 | 573,854 | 1.2m | 288,690 | 747,641 | 1.4m | 67,748 | 78,738 | 55,790 | 46,775 | 53,519 | 80,990 | |
42/48 |
96,713 | 131,107 | 145,881 | 62,627 | 646,735 | 1.2m | 614,248 | 977,583 | 573,854 | 1.2m | 288,690 | 747,641 | 1.4m | 67,748 | 78,738 | 55,790 | 46,775 | 53,519 | 80,990 | |
42 |
- | - | - | - | 550,000 | 550,000 | 550,000 | 775,000 | - | - | - | - | - | - | - | - | - | - | 2,667 | |
44 |
22,372 | 1,488 | 29,505 | 6,425 | 44,220 | 70,160 | 23,656 | 62,073 | 65,848 | 257,679 | 66,208 | 43,525 | 33,579 | 203 | 837 | 209 | 6,810 | 5,861 | 3,996 | |
440/4 |
22,372 | 1,488 | 29,505 | 6,425 | 44,220 | 70,160 | 23,656 | 62,073 | 65,848 | 257,679 | 66,208 | 43,525 | 6,659 | 203 | 837 | 209 | 6,810 | 5,861 | 3,996 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | 26,919 | - | - | - | - | - | - | |
46 |
- | - | - | - | - | 402,777 | - | - | 363,040 | 850,617 | 53,437 | 630,132 | 361,923 | 28,250 | 27,917 | 26,417 | 32,467 | 21,790 | 20,345 | |
45 |
1,193 | 1,135 | - | 4,151 | 16,677 | 190,009 | 6,697 | 83,692 | 92,919 | 70,204 | 135,833 | 73,984 | 690 | 21,183 | 16,265 | 47 | 7,497 | 25,869 | 53,982 | |
450/3 |
1,193 | 1,135 | - | 4,151 | 16,677 | 190,009 | 6,697 | 83,692 | 92,919 | 70,204 | 135,833 | 73,984 | 690 | 21,183 | 16,265 | 47 | 6,995 | 25,869 | 53,982 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 503 | - | - | |
47/48 |
73,149 | 128,484 | 116,375 | 52,051 | 35,838 | 32,739 | 33,896 | 56,817 | 52,047 | 46,207 | 33,212 | - | 1.0m | 18,111 | 33,718 | 29,116 | - | - | - | |
492/3 |
- | - | - | 85,692 | 141,114 | 46,200 | 23,100 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 1,435 | 1,435 | 2,346 | 3,084 | 6,327 | 4,663 | 4,531 | 4,831 | 4,773 | 1,840 | |
9900 |
38,065 | 66,494 | 119,501 | 334,241 | 326,589 | 328,961 | 212,704 | 746,273 | 525,908 | 111,265 | 437,762 | 169,077 | 97,382 | 29,755 | 48,870 | 122,208 | 113,572 | 144,723 | 197,744 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 70 | 7,351 | 7,413 | 6,931 | 6,678 | |
630 |
50,897 | 50,179 | 51,448 | 52,245 | 52,133 | 52,008 | 75,409 | 81,353 | 62,696 | 36,859 | 36,992 | 37,167 | 37,189 | 15,934 | 40,561 | 6,622 | 10,547 | 25,950 | 23,946 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12,500 | - | - | 12,500 | |
640/8 |
8,642 | 14,905 | 13,222 | 13,972 | 14,040 | 13,842 | 10,148 | 6,421 | 31,923 | 3,371 | 3,528 | 3,378 | 1,539 | 3,226 | 2,866 | 2,988 | 2,971 | 2,967 | 2,683 | |
66A |
- | - | - | 62 | 62 | - | 3,727 | 134 | 6,479 | - | - | - | - | 60 | 50 | 2,605 | 1,165 | 12,993 | 280 | |
9901 |
-21,474 | 1,410 | 54,832 | 267,962 | 260,355 | 263,111 | 123,420 | 658,364 | 431,289 | 71,034 | 397,242 | 128,532 | 58,654 | 10,595 | 5,373 | 117,747 | 92,642 | 108,876 | 151,938 | |
75/76B |
3,701 | 247 | 4 | 190 | 1 | 7,802 | 8,727 | 0 | 112 | 8,079 | 17,588 | 19,659 | 32,233 | 55,216 | 49,808 | 54,505 | 62,899 | 65,524 | 45,276 | |
75 |
3,701 | 247 | 4 | 190 | 1 | 7,802 | 8,727 | 0 | 112 | 6,643 | 17,588 | 19,659 | 32,233 | 55,216 | 49,808 | 54,505 | 62,899 | 65,524 | 45,276 | |
76B |
- | - | - | - | - | - | - | - | - | 1,435 | - | - | - | - | - | - | - | - | - | |
65/66B |
887 | 113 | 9,215 | 16,524 | 23,270 | 23,245 | 23,640 | 18,821 | 8,778 | 8,304 | 24,787 | 7,639 | 28,984 | 149 | 85 | 4,265 | 149 | 804 | 593 | |
65 |
887 | 113 | 9,215 | 16,524 | 23,270 | 23,245 | 23,640 | 18,821 | 2,299 | 8,304 | 24,787 | 7,639 | 28,984 | 149 | 85 | 4,265 | 149 | 804 | 593 | |
66B |
- | - | - | - | - | - | - | - | 6,479 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-18,660 | 1,545 | 45,621 | 251,629 | 237,085 | 247,669 | 108,507 | 639,544 | 422,623 | 70,809 | 391,478 | 142,897 | 64,988 | 71,929 | 59,708 | 169,913 | 159,058 | 165,376 | 198,181 | |
67/77 |
383 | 764 | 15,545 | 80,674 | 74,374 | 63,816 | 33,191 | 156,100 | 142,902 | 15,616 | 123,374 | 57,321 | 16,196 | 10,743 | 6,742 | 45,576 | 38,370 | 46,767 | 56,255 | |
9904 |
-19,043 | 781 | 30,076 | 170,956 | 162,710 | 183,853 | 75,317 | 483,443 | 279,721 | 55,192 | 268,104 | 85,576 | 48,791 | 61,185 | 52,966 | 124,337 | 120,688 | 118,609 | 141,926 | |
689 |
- | - | - | - | - | - | - | 2,268 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
-19,043 | 781 | 30,076 | 170,956 | 162,710 | 183,853 | 75,317 | 481,175 | 279,721 | 55,192 | 268,104 | 85,576 | 48,791 | 61,185 | 52,966 | 124,337 | 120,688 | 118,609 | 141,926 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.4m | 1.2m | 1.1m | 621,949 | 342,228 | 387,836 | 205,307 | 1.2m | 1.2m | 1.1m | 1.1m | 952,452 | 831,764 | 713,155 | |
14P |
1.4m | 1.4m | 1.4m | 1.4m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
1.3m | 781 | 30,076 | 170,956 | 162,710 | - | 885 | - | - | - | 100,800 | 85,576 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 100,800 | - | - | - | - | - | - | - | - | |
6921 |
1.3m | 781 | 30,076 | 170,956 | 162,710 | - | 885 | - | - | - | - | 85,576 | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 1.1m | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 1.1m | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.2 | 0.2 | 0.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 258 | 320 | 338 | 282 | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-07-2026 | 2026-00318441 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00351187 | |
| 31-12-2023 | abbreviated format | 01-08-2024 | 2024-00324279 | |
| 31-12-2022 | abbreviated format | 24-07-2023 | 2023-00268834 | |
| 31-12-2021 | abbreviated format | 26-07-2022 | 2022-20231906 | |
| 31-12-2020 | abbreviated format | 05-08-2021 | 2021-46000079 | |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-44400204 | |
| 31-12-2018 | abbreviated format | 31-07-2019 | 2019-40600198 | |
| 31-12-2017 | abbreviated format | 02-08-2018 | 2018-42000559 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-37600353 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-36700475 | |
| 31-12-2014 | abbreviated format | 29-07-2015 | 2015-35500108 | |
| 31-12-2013 | abbreviated format | 30-07-2014 | 2014-36000597 | |
| 31-12-2012 | abbreviated format | 10-07-2013 | 2013-30300495 | |
| 31-12-2011 | abbreviated format | 18-06-2012 | 2012-18200550 | |
| 31-12-2010 | abbreviated format | 11-10-2011 | 2011-57800171 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-47500371 | |
| 31-12-2008 | abbreviated format | 09-10-2009 | 2009-80800053 | |
| 31-12-2007 | abbreviated format | 15-07-2008 | 2008-41800351 | |
| 31-12-2006 | abbreviated format | 17-08-2007 | 2007-56000380 | |
| 31-12-2005 | abbreviated format | 16-10-2006 | 2006-83400200 | |
| 31-12-2004 | abbreviated format | 14-07-2005 | 2005-46300246 | |
| 31-12-2003 | abbreviated format | 28-07-2004 | 2004-51300045 | |
| 31-12-2002 | abbreviated format | 07-08-2003 | 2003-55400275 | |
| 31-12-2001 | abbreviated format | 09-07-2002 | 2002-34900112 | |
| 31-12-2000 | abbreviated format | 02-10-2001 | 2001-59600262 | |
| 31-12-1999 | abbreviated format | 04-08-2000 | 2000-49100073 | |
| 31-12-1998 | abbreviated format | 30-07-1999 | 1999-37904853 | |
| 31-12-1997 | abbreviated format | 07-07-1998 | 1998-28900514 | |
| 31-12-1996 | abbreviated format | 04-07-1997 | 1997-26204607 |
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 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 29,423 | 51,589 | 106,280 | 320,207 | 312,487 | 315,119 | 198,829 | 739,718 | 493,985 | 107,893 | 434,234 | 165,699 | 95,843 | 26,529 | 45,934 | 124,369 | 103,188 | 134,826 | 175,884 | ||
| 31,854 | 50,960 | 81,523 | 223,201 | 214,843 | 235,861 | 150,726 | 564,797 | 342,417 | 92,051 | 305,096 | 122,743 | 85,980 | 77,119 | 93,527 | 130,959 | 131,235 | 144,558 | 165,872 | ||
| 6,050 | 1,156 | 0 | -3,720 | 2,404 | 2,500 | 6,937 | 783,977 | 607,634 | 0 | 0 | 7,045 | 633,139 | 0 | 264,000 | 1,333 | 693 | 25,980 | 1,980 | ||
| 11,295 | 55,758 | -693,113 | -302,266 | 62,357 | 1.2m | -141,802 | 57,131 | -702,974 | 354,756 | 338,505 | -5,478 | -385,606 | 282,459 | 29,037 | -214,668 | 57,685 | 30,578 | - | ||
| 412,263 | 386,459 | 336,655 | 1.3m | 1.2m | 869,973 | 613,512 | 414,993 | 634,174 | 899,390 | 807,339 | 502,244 | -621,454 | 1.0m | 968,585 | 1.1m | 1.0m | 891,391 | 760,295 | ||
| 95.3% | 93.8% | 93.2% | 95.2% | 78.0% | 67.1% | 79.3% | 70.8% | 76.7% | 56.8% | 84.3% | 63.2% | 12.0% | 94.9% | 93.9% | 95.4% | 94.5% | 93.2% | 89.4% | ||
| 5.26 | 3.95 | 3.31 | 22.54 | 2.82 | 1.70 | 2.00 | 1.42 | 2.11 | 1.73 | 3.80 | 1.67 | 0.56 | 16.44 | 13.30 | 21.42 | 22.85 | 17.66 | 10.39 | ||
| 5.25 | 3.93 | 3.30 | 19.85 | 2.39 | 1.23 | 0.80 | 0.51 | 1.13 | 1.07 | 2.64 | 0.81 | 0.35 | 16.44 | 13.30 | 21.42 | 22.85 | 17.66 | 10.39 | ||
| 0.05 | 0.07 | 0.07 | 0.05 | 0.28 | 0.49 | 0.26 | 0.41 | 0.30 | 0.76 | 0.19 | 0.58 | 7.36 | 0.05 | 0.07 | 0.05 | 0.05 | 0.06 | 0.10 | ||
| -1.0% | 0.0% | 1.5% | 5.8% | 5.8% | 7.0% | 3.1% | 20.4% | 14.8% | 3.4% | 17.3% | 6.7% | 25.4% | 4.8% | 4.4% | 10.8% | 11.8% | 13.1% | 18.1% | ||
| -0.9% | 0.0% | 1.4% | 5.5% | 4.5% | 4.7% | 2.4% | 14.4% | 11.4% | 1.9% | 14.6% | 4.2% | 3.0% | 4.6% | 4.1% | 10.3% | 11.1% | 12.2% | 16.1% | ||
| 33.18 | over 100 | 11.53 | 19.38 | 13.43 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,050 | €1,156 | - | - | €1,184 |
| Financial fixed assets | - | - | - | - | €1,220 |
| €50,897 | €50,179 | €51,448 | €52,245 | €52,133 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Archi -Projects
The operating result for 2025 is a loss of €21,474, after a profit of €1,410 in 2024. It is the lowest result since 2007.
Debt's share of the balance-sheet total falls from 6.2% to 4.7%. Equity and debt are lower.