ASSERT CONCEPT
Annual accounts 2025
micro format, filed on 24-04-2026, 98 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 ≈ €170,000. Estimated: probably between €120,000 and €260,000.
Balance sheet
balance sheet total €149,827 on 31-12-2025in euro
in euro
Position in the sector
2.3%
Higher than 15% of 9,696 companies in 2025.
0.96
Higher than 25% of 9,314 companies in 2025.
46.3%
Higher than 86% of 9,438 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
149,827 | 74,157 | 15,994 | 1,664 | 3,071 | |
21/28 |
43,661 | 1,352 | 65 | 493 | 922 | |
22/27 |
43,661 | 1,352 | 65 | 493 | 922 | |
24 |
43,661 | 1,352 | 65 | 493 | 922 | |
29/58 |
106,167 | 72,805 | 15,929 | 1,171 | 2,149 | |
40/41 |
35,680 | 28,551 | 2,659 | 1,142 | 2,041 | |
40 |
26,223 | 28,097 | 2,659 | - | 1,400 | |
41 |
9,457 | 454 | - | 1,142 | 641 | |
54/58 |
70,486 | 44,238 | 13,270 | 28 | 108 | |
490/1 |
- | 16 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
149,827 | 74,157 | 15,994 | 1,664 | 3,071 | |
10/15 |
3,500 | 14,353 | 3,551 | -2,361 | -241 | |
10/11 |
3,500 | 3,500 | 3,500 | 3,500 | 3,500 | |
14 |
- | 10,853 | 51 | -5,861 | -3,741 | |
17/49 |
146,327 | 59,804 | 12,444 | 4,026 | 3,312 | |
17 |
34,975 | - | - | - | - | |
170/4 |
34,975 | - | - | - | - | |
42/48 |
111,017 | 59,804 | 12,444 | 4,026 | 3,312 | |
42 |
10,254 | - | - | - | - | |
44 |
3,214 | 3,601 | 370 | 2,476 | 2,112 | |
440/4 |
3,214 | 3,601 | 370 | 2,476 | 2,112 | |
45 |
9,835 | 5,478 | 1,854 | - | - | |
450/3 |
7,735 | 5,478 | 1,854 | - | - | |
454/9 |
2,100 | - | - | - | - | |
47/48 |
87,714 | 50,725 | 10,220 | 1,550 | 1,200 | |
492/3 |
335 | - | - | - | - | |
| Income statement | ||||||
9900 |
100,394 | 76,414 | 8,530 | -1,394 | -3,277 | |
630 |
10,324 | 738 | 428 | 428 | 363 | |
640/8 |
1,076 | 387 | 384 | - | - | |
9901 |
88,994 | 75,289 | 7,717 | -1,823 | -3,640 | |
65/66B |
2,644 | 440 | 305 | 297 | 101 | |
65 |
2,644 | 440 | 305 | 297 | 101 | |
9903 |
86,350 | 74,849 | 7,412 | -2,120 | -3,741 | |
67/77 |
17,043 | 16,046 | 667 | - | - | |
9904 |
69,307 | 58,802 | 6,745 | -2,120 | -3,741 | |
9905 |
69,307 | 58,802 | 6,745 | -2,120 | -3,741 | |
| Appropriation of the result | ||||||
9906 |
80,160 | 58,853 | 884 | -5,861 | -3,741 | |
14P |
10,853 | 51 | -5,861 | -3,741 | - | |
694/7 |
80,160 | 48,000 | 833 | - | - | |
694 |
71,855 | 48,000 | 833 | - | - | |
695 |
8,305 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
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 | 24-04-2026 | 2026-00087243 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00188619 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00235728 | |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00228915 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20200330 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 99,318 | 76,027 | 8,146 | -1,394 | -3,277 | ||
| 79,631 | 59,541 | 7,173 | -1,692 | -3,378 | ||
| 52,633 | 2,025 | 0 | 0 | 1,285 | ||
| 26,248 | 30,968 | 13,242 | -80 | - | ||
| -4,851 | 13,001 | 3,486 | -2,855 | -1,163 | ||
| 2.3% | 19.4% | 22.2% | - | - | ||
| 0.96 | 1.22 | 1.28 | - | - | ||
| 41.81 | 4.17 | 3.50 | - | - | ||
| - | 409.7% | 190.0% | - | - | ||
| 46.3% | 79.3% | 42.2% | - | - | ||
| 37.56 | over 100 | 26.71 | -4.69 | -32.47 |
A ratio outside any meaningful range has been withheld (balance sheet total €149,827, equity €3,500).
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 | €52,633 | €2,025 | - | - | €1,285 |
| €10,324 | €738 | €428 | €428 | €363 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ASSERT CONCEPT
The operating result for 2025 is 18% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Debt's share of the balance-sheet total rises from 80.6% to 97.7%. Equity is lower and debt is higher.