ARTICLE 20
Annual accounts 2025
micro format, filed on 30-06-2026, 31 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 ≈ €120,000. Estimated: probably between €78,000 and €150,000.
Balance sheet
balance sheet total €57,916 on 31-12-2025Position in the sector
62.2%
Higher than 56% of 15,828 companies in 2025.
2.56
Higher than 55% of 15,600 companies in 2025.
57.1%
Higher than 89% of 15,717 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 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
57,916 | |
21/28 |
1,896 | |
22/27 |
1,896 | |
24 |
1,896 | |
29/58 |
56,020 | |
54/58 |
24,518 | |
490/1 |
31,501 | |
| Balance sheet: equity and liabilities | ||
10/49 |
57,916 | |
10/15 |
36,049 | |
10/11 |
3,000 | |
14 |
33,049 | |
17/49 |
21,867 | |
42/48 |
21,867 | |
44 |
450 | |
440/4 |
450 | |
45 |
14,085 | |
450/3 |
14,085 | |
47/48 |
7,332 | |
| Income statement | ||
9900 |
44,083 | |
630 |
2,772 | |
9901 |
41,311 | |
65/66B |
0 | |
65 |
0 | |
9903 |
41,311 | |
67/77 |
8,262 | |
9904 |
33,049 | |
9905 |
33,049 | |
| Appropriation of the result | ||
9906 |
33,049 | |
| Document | ||
The notes to these accounts have 9 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 30-06-2026.
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 | 30-06-2026 | 2026-00244227 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 44,083 | ||
| 35,821 | ||
| 4,668 | ||
| 34,153 | ||
| 62.2% | ||
| 2.56 | ||
| 0.61 | ||
| 91.7% | ||
| 57.1% | ||
| over 100 |
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 |
|---|---|
| Tangible fixed assets | €2,054 |
| Intangible fixed assets | €2,614 |
| €2,772 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on ARTICLE 20
Debt's share of the balance-sheet total is 37.8%.