BalPenBeeld (0797.029.402): financials and annual accounts

BalPenBeeld

Ghent ·KBO/BCE: BE 0797.029.402

Line	2025	2024	2023
Balance sheet: assets
Total assets`20/58`	251,664	130,170	69,494
Fixed assets`21/28`	76,288	51,647	-
Tangible fixed assets`22/27`	1,288	1,647	-
Furniture and vehicles`24`	1,288	1,647	-
Financial fixed assets`28`	75,000	50,000	-
Current assets`29/58`	175,376	78,523	69,494
Amounts receivable within one year`40/41`	60,325	40,401	26,660
Trade receivables`40`	60,325	40,401	26,660
Cash at bank and in hand`54/58`	115,051	38,121	42,834
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	251,664	130,170	69,494
Equity`10/15`	158,411	86,088	44,017
Contributions`10/11`	1,000	1,000	1,000
Reserves`13`	157,411	85,088	43,017
Distributable reserves`133`	157,411	85,088	43,017
Amounts payable`17/49`	93,253	44,082	25,477
Amounts payable within one year`42/48`	92,017	43,259	25,477
Trade debts`44`	221	264	379
Suppliers`440/4`	221	264	379
Taxes, remuneration and social security`45`	43,303	28,115	16,081
Taxes`450/3`	43,303	28,115	-
Remuneration and social security`454/9`	-	-	16,081
Other amounts payable`47/48`	48,493	14,881	9,017
Accrued charges and deferred income`492/3`	1,235	823	-
Income statement
Gross operating margin`9900`	92,416	59,690	56,177
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	359	150	-
Other operating charges`640/8`	144	-	50
Operating profit (loss)`9901`	91,913	59,540	56,127
Financial income`75/76B`	217	-	-
Recurring financial income`75`	217	-	-
Financial charges`65/66B`	1,296	883	50
Recurring financial charges`65`	1,296	883	50
Profit (loss) for the period before taxes`9903`	90,833	58,657	56,077
Income taxes`67/77`	18,510	14,868	11,394
Profit (loss) for the period`9904`	72,323	43,789	44,683
Profit (loss) for the period to be appropriated`9905`	72,323	43,789	44,683
Appropriation of the result
Profit (loss) to be appropriated`9906`	72,323	43,789	44,683
Transfer to equity`691/2`	72,323	42,071	43,017
To other reserves`6921`	72,323	42,071	43,017
Profit to be distributed`694/7`	-	1,718	1,666
Return on contributions (dividend)`694`	-	1,718	1,666
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	25-08-2026	2026-00420957	PDF
31-12-2024	micro format	30-08-2025	2025-00450055	PDF
31-12-2023	micro format	31-08-2024	2024-00424677	PDF

Line	2025	2024	2023
EBITDA	92,272	59,690	-
Cash flow	72,683	43,939	-
Investment in fixed assets	25,000	51,797	-
Change in cash	76,929	-4,713	-
Working capital	83,359	35,263	44,017
Solvency	62.9%	66.1%	63.3%
Current ratio	1.91	1.82	2.73
Debt to equity	0.59	0.51	0.58
ROE	45.7%	50.9%	101.5%
ROA	28.7%	33.6%	64.3%
Interest coverage	71.21	67.59	-

Item	2025	2024	2023
Tangible fixed assets	-	€1,797	-
Financial fixed assets	€25,000	€50,000	-
Depreciation and write-downs of the year	€359	€150	-

BalPenBeeld

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency62.9%

Current ratio1.91

Return on assets28.7%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on BalPenBeeld

Next steps