ARS
Annual accounts 2025
micro format, filed on 18-06-2026, 43 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €31,000. Estimated: probably between €18,000 and €64,000.
Balance sheet
balance sheet total €34,408 on 31-12-2025in euro
in euro
Position in the sector
77.7%
Higher than 83% of 35,136 companies in 2025.
4.08
Higher than 80% of 34,510 companies in 2025.
1.7%
Higher than 31% of 34,711 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
34,408 | 30,725 | 58,388 | 46,773 | 36,709 | 11,948 | |
21/28 |
3,198 | - | - | - | - | - | |
22/27 |
3,198 | - | - | - | - | - | |
24 |
3,198 | - | - | - | - | - | |
29/58 |
31,210 | 30,725 | 58,388 | 46,773 | 36,709 | 11,948 | |
3 |
- | - | 5,588 | - | - | - | |
30/36 |
- | - | 5,588 | - | - | - | |
40/41 |
26,177 | 24,780 | 36,897 | 31,483 | 27,877 | 8,108 | |
40 |
9,660 | 8,966 | 28,756 | 14,241 | 13,476 | 6,695 | |
41 |
16,517 | 15,813 | 8,141 | 17,242 | 14,400 | 1,413 | |
54/58 |
5,033 | 5,946 | 15,903 | 15,290 | 8,833 | 3,839 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
34,408 | 30,725 | 58,388 | 46,773 | 36,709 | 11,948 | |
10/15 |
26,750 | 26,168 | 35,258 | 30,075 | 25,840 | 2,050 | |
10/11 |
1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | |
14 |
25,550 | 24,968 | 34,058 | 28,875 | 24,640 | 850 | |
17/49 |
7,658 | 4,557 | 23,130 | 16,698 | 10,869 | 9,897 | |
42/48 |
7,658 | 4,557 | 23,130 | 16,698 | 10,869 | 9,897 | |
44 |
5,303 | 543 | 9,428 | 3,515 | 6,068 | 7,740 | |
440/4 |
5,303 | 543 | 9,428 | 3,515 | 6,068 | 7,740 | |
45 |
2,076 | 4,014 | 8,117 | 12,430 | 4,688 | 2,157 | |
450/3 |
2,076 | 4,014 | 5,314 | 10,789 | 4,688 | 2,157 | |
454/9 |
- | - | 2,803 | 1,641 | - | - | |
47/48 |
280 | - | 5,585 | 754 | 113 | - | |
| Income statement | |||||||
76A |
- | - | 3,733 | - | - | - | |
9900 |
3,025 | -7,580 | 26,627 | 34,383 | 32,041 | 1,496 | |
62 |
9 | 3 | 14,081 | 20,971 | 387 | - | |
630 |
640 | - | - | - | - | - | |
640/8 |
391 | 549 | 835 | 4,941 | 369 | 339 | |
9901 |
1,985 | -8,133 | 11,711 | 8,471 | 31,284 | 1,157 | |
75/76B |
65 | 0 | 3 | 0 | 228 | - | |
75 |
65 | 0 | 3 | 0 | 228 | - | |
65/66B |
1,468 | 957 | 5,124 | 3,178 | 2,772 | 307 | |
65 |
1,468 | 957 | 5,124 | 3,178 | 2,772 | 307 | |
9903 |
582 | -9,090 | 6,590 | 5,293 | 28,740 | 850 | |
67/77 |
- | - | 1,407 | 1,059 | 4,950 | - | |
9904 |
582 | -9,090 | 5,183 | 4,234 | 23,790 | 850 | |
9905 |
582 | -9,090 | 5,183 | 4,234 | 23,790 | 850 | |
| Appropriation of the result | |||||||
9906 |
25,550 | 24,968 | 34,058 | 28,875 | 24,640 | 850 | |
14P |
24,968 | 34,058 | 28,875 | 24,640 | 850 | - | |
| Document | |||||||
The notes to these accounts have 5 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 18-06-2026.
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 | micro format | 18-06-2026 | 2026-00171215 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00164300 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00188045 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00184448 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20081530 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22400536 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 2,625 | - | - | - | - | - | ||
| 1,221 | - | - | - | - | - | ||
| 3,838 | - | - | - | - | - | ||
| -913 | -9,958 | 613 | 6,458 | 4,993 | - | ||
| 23,552 | 26,168 | 35,258 | 30,075 | 25,840 | 2,050 | ||
| 77.7% | 85.2% | 60.4% | 64.3% | 70.4% | 17.2% | ||
| 4.08 | 6.74 | 2.52 | 2.80 | 3.38 | 1.21 | ||
| 4.08 | 6.74 | 2.28 | 2.80 | 3.38 | 1.21 | ||
| 0.29 | 0.17 | 0.66 | 0.56 | 0.42 | 4.83 | ||
| 2.2% | -34.7% | 14.7% | 14.1% | 92.1% | 41.5% | ||
| 1.7% | -29.6% | 8.9% | 9.1% | 64.8% | 7.1% | ||
| 1.79 | - | - | - | - | - |
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 | €3,838 | - | - | - | - |
| €640 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ARS
The operating result for 2025 is a profit of €1,985, after a loss of €8,133 in 2024.
Debt's share of the balance-sheet total rises from 14.8% to 22.3%. Equity and debt are higher.