B Squared
Annual accounts 2025
micro format, filed on 29-04-2026, 1 day 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 ≈ €76,000. Estimated: probably between €52,000 and €130,000.
Balance sheet
balance sheet total €96,526 on 30-09-2025in euro
in euro
Position in the sector
85.8%
Higher than 89% of 17,185 companies in 2025.
5.85
Higher than 87% of 16,482 companies in 2025.
25.8%
Higher than 89% of 16,861 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 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
96,526 | 102,060 | 43,299 | 30,465 | |
21/28 |
23,599 | 441 | 863 | - | |
22/27 |
23,599 | 441 | 863 | - | |
24 |
21,281 | 441 | 863 | - | |
26 |
2,318 | - | - | - | |
29/58 |
72,927 | 101,619 | 42,436 | 30,465 | |
40/41 |
3,101 | 3,061 | 777 | 65 | |
40 |
641 | 3,061 | 670 | - | |
41 |
2,460 | - | 107 | 65 | |
54/58 |
68,183 | 97,410 | 41,659 | 30,320 | |
490/1 |
1,642 | 1,148 | - | 81 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
96,526 | 102,060 | 43,299 | 30,465 | |
10/15 |
82,852 | 57,993 | 31,277 | 23,409 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | |
13 |
72,852 | 47,993 | 21,277 | 13,409 | |
133 |
72,852 | 47,993 | 21,277 | 13,409 | |
17/49 |
13,674 | 44,066 | 12,022 | 7,057 | |
42/48 |
12,474 | 42,866 | 10,822 | 5,857 | |
44 |
6,999 | 4,013 | 2,236 | 69 | |
440/4 |
6,999 | 4,013 | 2,236 | 69 | |
45 |
1,182 | 14,710 | 4,492 | 3,589 | |
450/3 |
1,182 | 14,710 | 4,492 | 3,589 | |
47/48 |
4,293 | 24,143 | 4,094 | 2,199 | |
492/3 |
1,200 | 1,200 | 1,200 | 1,200 | |
| Income statement | |||||
9900 |
34,699 | 60,968 | 11,853 | 19,428 | |
630 |
2,376 | 422 | 404 | - | |
640/8 |
1,257 | 1,332 | 1,031 | 2,387 | |
9901 |
31,067 | 59,214 | 10,418 | 17,041 | |
75/76B |
575 | 0 | 0 | 0 | |
75 |
575 | 0 | 0 | 0 | |
65/66B |
72 | 106 | 46 | 43 | |
65 |
72 | 106 | 46 | 43 | |
9903 |
31,570 | 59,108 | 10,372 | 16,998 | |
67/77 |
6,712 | 12,392 | 2,504 | 3,589 | |
9904 |
24,859 | 46,716 | 7,868 | 13,409 | |
9905 |
24,859 | 46,716 | 7,868 | 13,409 | |
| Appropriation of the result | |||||
9906 |
24,859 | 46,716 | 7,868 | 13,409 | |
691/2 |
24,859 | 26,716 | 7,868 | 13,409 | |
6921 |
24,859 | 26,716 | 7,868 | 13,409 | |
694/7 |
- | 20,000 | - | - | |
694 |
- | 20,000 | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-04-2026.
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 | 2022 |
|---|---|---|---|---|---|
| 33,442 | 59,636 | 10,822 | - | ||
| 27,234 | 47,138 | 8,272 | - | ||
| 25,534 | 0 | 1,266 | - | ||
| -29,227 | 55,751 | 11,339 | - | ||
| 60,453 | 58,753 | 31,614 | 24,609 | ||
| 85.8% | 56.8% | 72.2% | 76.8% | ||
| 5.85 | 2.37 | 3.92 | 5.20 | ||
| 0.17 | 0.76 | 0.38 | 0.30 | ||
| 30.0% | 80.6% | 25.2% | 57.3% | ||
| 25.8% | 45.8% | 18.2% | 44.0% | ||
| over 100 | over 100 | 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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €25,534 | - | €1,266 | - |
| €2,376 | €422 | €404 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on B Squared
The operating result for 2025 is 48% lower than in 2024.
Debt's share of the balance-sheet total falls from 43.2% to 14.2%. Equity is higher and debt is lower.