AVIDOO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 8 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €440,000
Estimated: probably between €300,000 and €690,000
Total assets
€589,977▲ 123%
2024 · €263,978
Net result
€110,527▼ 27.3%
2024 · €152,065
Working capital
-€214,904
2024 · €91,628
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€161,750
▼ 18.0%
2025
20182025
Net result
€110,527
▼ 27.3%
2025
highest quarter of the sector
20182025
Equity
€17,150
▼ 88.1%
2025
middle half of the sector
20182025
Total assets
€589,977
▲ 123%
2025
highest quarter of the sector
20182025
Debt
€572,827
▲ 376%
2025
20182025
Working capital
-€214,904
2025
lowest quarter of the sector
20182025
Solvency
2.9%
▼ 51.5pp
2025
lowest quarter of the sector
20182025
Current ratio
0.20
▼ 1.56
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
18.7%
▼ 38.9pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€10,961-€35,970▲ 228%€22,524▼ 37.4%€30,680▲ 36.2%€29,421▼ 4.1%€109,301▲ 272%€197,365▲ 80.6%€161,750▼ 18.0%
Net result€8,031-€27,146▲ 238%€16,451above the sector's middle half▼ 39.4%€22,795within the sector's middle half▲ 38.6%€22,278within the sector's middle half▼ 2.3%€84,289above the sector's middle half▲ 278%€152,065above the sector's middle half▲ 80.4%€110,527above the sector's middle half▼ 27.3%
Equity€20,431-€47,577▲ 133%€64,028within the sector's middle half▲ 34.6%€86,823within the sector's middle half▲ 35.6%€109,102within the sector's middle half▲ 25.7%€152,482above the sector's middle half▲ 39.8%€143,640above the sector's middle half▼ 5.8%€17,150within the sector's middle half▼ 88.1%
Total assets€30,486-€54,611▲ 79.1%€73,759within the sector's middle half▲ 35.1%€95,030within the sector's middle half▲ 28.8%€117,487within the sector's middle half▲ 23.6%€184,968within the sector's middle half▲ 57.4%€263,978within the sector's middle half▲ 42.7%€589,977above the sector's middle half▲ 123%
Debt€10,055-€7,034▼ 30.0%€9,731▲ 38.3%€8,207▼ 15.7%€8,385▲ 2.2%€32,486▲ 287%€120,338▲ 270%€572,827▲ 376%
Working capital€16,783-€44,469▲ 165%€61,460within the sector's middle half▲ 38.2%€84,796above the sector's middle half▲ 38.0%€99,930above the sector's middle half▲ 17.8%€91,305above the sector's middle half▼ 8.6%€91,628above the sector's middle half▲ 0.4%-€214,904below the sector's middle half
Solvency67.0%-87.1%▲ 20.1pp86.8%above the sector's middle half▼ 0.3pp91.4%above the sector's middle half▲ 4.6pp92.9%above the sector's middle half▲ 1.5pp82.4%above the sector's middle half▼ 10.4pp54.4%within the sector's middle half▼ 28.0pp2.9%below the sector's middle half▼ 51.5pp
Current ratio2.67-7.32▲ 4.657.32above the sector's middle half▼ 0.0111.33above the sector's middle half▲ 4.0212.92above the sector's middle half▲ 1.583.81within the sector's middle half▼ 9.111.76within the sector's middle half▼ 2.050.20below the sector's middle half▼ 1.56
Return on assets (ROA)26.3%-49.7%▲ 23.4pp22.3%above the sector's middle half▼ 27.4pp24.0%above the sector's middle half▲ 1.7pp19.0%within the sector's middle half▼ 5.0pp45.6%above the sector's middle half▲ 26.6pp57.6%above the sector's middle half▲ 12.0pp18.7%within the sector's middle half▼ 38.9pp
above
within
below
The sector band is the middle half of the companies in Arts creation and performing arts activities (NACE 90). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 18% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €589,977
Fixed assets
€536,905 ▲ 932%
Current assets
€53,072 ▼ 75.0%
Equity and liabilities €589,977
Equity
€17,150 ▼ 88.1%
Debt
€572,827 ▲ 376%
Debt's share of the balance-sheet total rises from 45.6% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€176,856▼
2024 · €211,645
Cash flow
€125,633▼
2024 · €166,345
Debt to equity
33.40▲
2024 · 0.84
ROE
644.5%▲
2024 · 105.9%
Interest coverage
12.12▼
2024 · over 100
Debt ≤ 1 year
€267,975▲
2024 · €120,338
Debt > 1 year
€304,852
Income taxes
€36,639▼
2024 · €45,291
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €7,782 | €55,340 | €5,114 | - |
| Financial fixed assets | - | - | - | - | €500,000 |
| Depreciation and write-downs of the year | €540 | €637 | €3,334 | €14,280 | €15,106 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €2,264 awarded · €4,783 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €2,264 | €2,264 |
| 2023 | 1 | €0 | €2,519 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €265 | €540 | €540 | €540 | €637 | €3,334 | €14,280 | €15,106 | ▲ 5.8% |
| Other operating charges640/8 | - | - | - | €826 | €905 | €629 | €535 | €625 | ▲ 16.7% |
| Gross operating margin9900 | €11,313 | €36,889 | €23,247 | €32,046 | €30,963 | €113,264 | €212,180 | €177,480 | ▼ 16.4% |
| Operating profit (loss)9901 | €10,961 | €35,970 | €22,524 | €30,680 | €29,421 | €109,301 | €197,365 | €161,750 | ▼ 18.0% |
| Financial income75/76B | - | - | - | €1 | €367 | €396 | €65 | €15 | ▼ 77.4% |
| Recurring financial income75 | - | €1 | €68 | €1 | €367 | €396 | €65 | €15 | ▼ 77.4% |
| Financial charges65/66B | - | - | - | €1,307 | €1,305 | €437 | €75 | €14,598 | ▲ 194× |
| Recurring financial charges65 | €625 | €1,274 | €1,157 | €1,307 | €1,305 | €437 | €75 | €14,598 | ▲ 194× |
| Profit (loss) for the period before taxes9903 | €10,336 | €34,697 | €21,435 | €29,374 | €28,483 | €109,260 | €197,355 | €147,167 | ▼ 25.4% |
| Income taxes67/77 | €2,305 | €7,551 | €4,984 | €6,579 | €6,204 | €24,970 | €45,291 | €36,639 | ▼ 19.1% |
| Profit (loss) for the period9904 | €8,031 | €27,146 | €16,451 | €22,795 | €22,278 | €84,289 | €152,065 | €110,527 | ▼ 27.3% |
| Profit (loss) for the period to be appropriated9905 | €8,031 | €27,146 | €16,451 | €22,795 | €22,278 | €84,289 | €152,065 | €110,527 | ▼ 27.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €30,486 | €54,611 | €73,759 | €95,030 | €117,487 | €184,968 | €263,978 | €589,977 | ▲ 123% |
| Fixed assets21/28 | €3,647 | €3,107 | €2,567 | €2,028 | €9,172 | €61,178 | €52,011 | €536,905 | ▲ 932% |
| Tangible fixed assets22/27 | €3,647 | €3,107 | €2,567 | €2,028 | €9,172 | €61,178 | €52,011 | €36,905 | ▼ 29.0% |
| Land and buildings22 | - | - | - | - | €1,422 | €1,377 | €1,333 | €1,187 | ▼ 10.9% |
| Furniture and vehicles24 | - | - | - | €2,028 | €7,750 | €59,800 | €50,678 | €35,718 | ▼ 29.5% |
| Financial fixed assets28 | - | - | - | - | - | - | - | €500,000 | - |
| Current assets29/58 | €26,839 | €51,504 | €71,192 | €93,003 | €108,315 | €123,791 | €211,967 | €53,072 | ▼ 75.0% |
| Amounts receivable after more than one year29 | - | - | - | €40,000 | €40,000 | - | - | - | - |
| Trade receivables290 | - | - | - | €40,000 | €40,000 | - | - | - | - |
| Amounts receivable within one year40/41 | - | €7,265 | €3,229 | €1,646 | €7,410 | €67,034 | €113,922 | €24,247 | ▼ 78.7% |
| Trade receivables40 | - | - | - | - | - | €67,034 | €113,922 | €21,780 | ▼ 80.9% |
| Other amounts receivable41 | - | - | - | €1,646 | €7,410 | - | - | €2,467 | - |
| Current investments50/53 | - | - | - | €50,859 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €26,839 | €44,238 | €27,465 | - | €60,048 | €56,757 | €98,045 | €22,989 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | - | - | - | €497 | €857 | - | - | €5,835 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €30,486 | €54,611 | €73,759 | €95,030 | €117,487 | €184,968 | €263,978 | €589,977 | ▲ 123% |
| Equity10/15 | €20,431 | €47,577 | €64,028 | €86,823 | €109,102 | €152,482 | €143,640 | €17,150 | ▼ 88.1% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €6,176 | €33,322 | €49,773 | €72,568 | €94,847 | €132,077 | €123,235 | -€3,255 | - |
| Amounts payable17/49 | €10,055 | €7,034 | €9,731 | €8,207 | €8,385 | €32,486 | €120,338 | €572,827 | ▲ 376% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | - | €304,852 | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €304,852 | - |
| Amounts payable within one year42/48 | €10,055 | €7,034 | €9,731 | €8,207 | €8,385 | €32,486 | €120,338 | €267,975 | ▲ 123% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €49,199 | - |
| Financial debts43 | - | - | - | €222 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €222 | - | - | - | - | - |
| Trade debts44 | €1,796 | €47 | €860 | €2 | €890 | €792 | €226 | €980 | ▲ 333% |
| Suppliers440/4 | - | - | - | €2 | €890 | €792 | €226 | €980 | ▲ 333% |
| Taxes, remuneration and social security45 | - | - | - | €3,858 | €3,110 | €18,682 | €26,244 | €6,415 | ▼ 75.6% |
| Taxes450/3 | - | - | - | €3,858 | €3,110 | €18,682 | €26,244 | €6,225 | ▼ 76.3% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €190 | - |
| Other amounts payable47/48 | - | - | - | €4,125 | €4,385 | €13,012 | €93,868 | €211,380 | ▲ 125% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,031 | €27,146 | €16,451 | €22,795 | €22,278 | €84,289 | €152,065 | €110,527 | ▼ 27.3% |
| + Depreciation and write-downs630 | €265 | €540 | €540 | €540 | €637 | €3,334 | €14,280 | €15,106 | ▲ 5.8% |
| Operating cash flow (approximation) | €8,296 | €27,686 | €16,991 | €23,335 | €22,916 | €87,624 | €166,345 | €125,633 | ▼ 24.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€7,782 | -€55,340 | -€5,114 | -€500,000 | ▼ 9,678% |
| Change in cash | - | €17,399 | -€16,773 | - | - | -€3,292 | €41,288 | -€75,056 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00197053 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00253248 | |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00141092 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00185123 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20147804 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-31700405 | |
| 31-12-2019 | micro format | 15-07-2020 | 2020-30200234 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52800332 |