B.A.A.
Annual accounts 2025
micro format, filed on 27-06-2026, 34 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 ≈ €94,000. Estimated: probably between €49,000 and €170,000.
Balance sheet
balance sheet total €36,652 on 31-12-2025in euro
in euro
Position in the sector
11.5%
Higher than 16% of 11,794 companies in 2025.
0.60
Higher than 10% of 11,521 companies in 2025.
5.3%
Higher than 35% of 11,605 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
36,652 | 47,747 | 12,997 | |
21/28 |
28,446 | 35,372 | - | |
22/27 |
28,446 | 35,372 | - | |
24 |
28,446 | 35,372 | - | |
29/58 |
8,207 | 12,375 | 12,997 | |
40/41 |
1,129 | 1,745 | 2,761 | |
40 |
146 | - | 1,016 | |
41 |
983 | 1,745 | 1,745 | |
54/58 |
5,268 | 4,585 | 10,116 | |
490/1 |
1,809 | 6,046 | 120 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
36,652 | 47,747 | 12,997 | |
10/15 |
4,200 | 2,245 | 1,482 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
1,700 | -255 | -1,018 | |
17/49 |
32,452 | 45,502 | 11,514 | |
17 |
18,338 | 24,465 | - | |
170/4 |
18,338 | 24,465 | - | |
42/48 |
13,715 | 20,637 | 11,514 | |
43 |
6,128 | 5,859 | - | |
430/8 |
6,128 | 5,859 | - | |
44 |
291 | 5,834 | - | |
440/4 |
291 | 5,834 | - | |
45 |
7,296 | 2,901 | 7,074 | |
450/3 |
7,296 | 2,901 | 5,574 | |
454/9 |
- | - | 1,500 | |
47/48 |
- | 6,042 | 4,441 | |
492/3 |
400 | 400 | - | |
| Income statement | ||||
9900 |
14,790 | 6,505 | 1,262 | |
630 |
7,546 | 2,116 | - | |
640/8 |
1,283 | 1,203 | 1,387 | |
9901 |
5,961 | 3,186 | -124 | |
75/76B |
79 | - | 472 | |
75 |
79 | - | 472 | |
65/66B |
1,683 | 709 | 614 | |
65 |
1,683 | 709 | 614 | |
9903 |
4,357 | 2,477 | -267 | |
67/77 |
2,402 | 1,714 | 751 | |
9904 |
1,955 | 763 | -1,018 | |
9905 |
1,955 | 763 | -1,018 | |
| Appropriation of the result | ||||
9906 |
1,700 | -255 | -1,018 | |
14P |
-255 | -1,018 | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 13,508 | 5,302 | - | ||
| 9,502 | 2,879 | - | ||
| 620 | 37,488 | - | ||
| 684 | -5,531 | - | ||
| -5,508 | -8,261 | 1,482 | ||
| 11.5% | 4.7% | 11.4% | ||
| 0.60 | 0.60 | 1.13 | ||
| 7.73 | 20.27 | 7.77 | ||
| 46.6% | 34.0% | -68.7% | ||
| 5.3% | 1.6% | -7.8% | ||
| 8.02 | 7.48 | - |
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 |
|---|---|---|---|
| Tangible fixed assets | €620 | €37,488 | - |
| €7,546 | €2,116 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on B.A.A.
The operating result for 2025 is 87% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 95.3% to 88.5%. Equity is higher and debt is lower.