BECARS
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €520,000. Estimated: probably between €370,000 and €830,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €1.2m on 31-12-2025in euro
in euro
Position in the sector
42.7%
Higher than 50% of 10,152 companies in 2025.
1.49
Higher than 43% of 9,863 companies in 2025.
1.2%
Higher than 31% of 9,951 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.2m | 1.2m | 950,060 | 997,058 | 1.7m | 2.8m | 1.5m | 1.2m | 816,008 | 1.6m | 1.4m | 746,639 | 561,732 | 600,680 | 371,205 | 247,666 | 194,094 | 196,278 | 81,952 | 15,546 | |
21/28 |
202,811 | 247,670 | 309,837 | 340,969 | 349,229 | 412,488 | 317,714 | 343,428 | 359,203 | 378,864 | 410,548 | 382,988 | 401,857 | 409,093 | 218,246 | 22,094 | 43,735 | 49,592 | 34,742 | 495 | |
22/27 |
202,811 | 247,670 | 309,837 | 340,969 | 349,229 | 412,488 | 317,714 | 343,428 | 359,203 | 378,864 | 410,548 | 382,988 | 401,857 | 409,093 | 218,246 | 22,094 | 43,735 | 49,542 | 34,692 | 445 | |
22 |
153,378 | 169,234 | 185,091 | 200,948 | 216,805 | 232,662 | 246,261 | 262,118 | 277,974 | 293,831 | 309,688 | 325,545 | 338,955 | 333,137 | 213,616 | 6,043 | - | - | - | - | |
23 |
0 | 3,667 | 8,067 | 18,467 | 29,107 | 39,747 | 28,914 | 9,348 | 18,036 | 27,923 | 17,227 | 38,514 | 32,530 | 45,048 | 2,702 | 7,713 | 27,058 | 36,918 | 17,654 | 205 | |
24 |
49,433 | 74,769 | 116,679 | 121,555 | 103,317 | 140,080 | 42,540 | 71,963 | 63,193 | 57,110 | 83,633 | 18,929 | 30,372 | 30,908 | 1,928 | 8,338 | 16,677 | 12,624 | 17,038 | 240 | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50 | 50 | 50 | |
29/58 |
1.0m | 992,193 | 640,223 | 656,089 | 1.4m | 2.4m | 1.1m | 864,645 | 456,804 | 1.2m | 964,518 | 363,651 | 159,875 | 191,587 | 152,959 | 225,572 | 150,359 | 146,686 | 47,210 | 15,051 | |
3 |
705,643 | 605,643 | 172,643 | 172,643 | 503,645 | 1.8m | 830,731 | 474,374 | - | 827,207 | 541,306 | 208,048 | 3,081 | - | - | - | - | - | 1,000 | - | |
30/36 |
705,643 | 605,643 | 172,643 | 172,643 | 503,645 | 1.8m | 830,731 | 474,374 | - | 827,207 | 541,306 | 208,048 | 3,081 | - | - | - | - | - | 1,000 | - | |
40/41 |
43,720 | 55,152 | 52,789 | 86,241 | 14,708 | 307,662 | 14,859 | 76,786 | 4,681 | 92,949 | 2,417 | 33,063 | 46,781 | 133,286 | 51,563 | 115,131 | 57,080 | 64,356 | 9,696 | 7,236 | |
40 |
40,570 | 52,002 | 51,421 | 78,341 | 14,708 | 307,662 | 10,510 | 57,861 | - | 92,949 | 2,417 | 15,303 | 46,745 | 118,978 | 45,468 | 115,131 | 57,080 | 57,821 | 4,962 | 4,944 | |
41 |
3,150 | 3,150 | 1,368 | 7,900 | - | - | 4,349 | 18,925 | 4,681 | - | - | 17,760 | 36 | 14,308 | 6,095 | - | - | 6,535 | 4,734 | 2,292 | |
50/53 |
136 | 3,134 | 22,771 | 22,716 | 79,816 | 203,271 | 242,433 | 172,072 | 137,699 | 192,126 | 247,023 | 84,612 | 57,564 | 46,306 | - | - | - | - | - | - | |
54/58 |
281,751 | 325,534 | 384,625 | 365,753 | 757,410 | 57,759 | 56,971 | 141,412 | 314,425 | 84,405 | 173,772 | 37,928 | 52,449 | 10,395 | 101,396 | 109,511 | 92,349 | 80,564 | 36,514 | 7,815 | |
490/1 |
0 | 2,731 | 7,396 | 8,736 | 9,212 | - | - | - | - | - | - | - | - | 1,600 | - | 930 | 930 | 1,766 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.2m | 1.2m | 950,060 | 997,058 | 1.7m | 2.8m | 1.5m | 1.2m | 816,008 | 1.6m | 1.4m | 746,639 | 561,732 | 600,680 | 371,205 | 247,666 | 194,094 | 196,278 | 81,952 | 15,546 | |
10/15 |
527,407 | 512,816 | 506,246 | 501,484 | 480,207 | 447,709 | 417,503 | 341,847 | 276,536 | 146,667 | 140,314 | 83,638 | 65,147 | 58,995 | 38,406 | 25,874 | 21,386 | 11,495 | -288 | -1,060 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
508,807 | 494,216 | 487,646 | 482,884 | 461,607 | 429,109 | 411,303 | 335,647 | 270,336 | 140,467 | 134,114 | 77,438 | 58,947 | 52,795 | 32,206 | 19,674 | 15,186 | 5,295 | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
133 |
506,947 | 492,356 | 485,786 | 481,024 | 459,747 | 427,249 | 409,443 | 333,787 | 268,476 | 138,607 | 132,254 | 75,578 | 57,087 | 50,935 | 30,346 | 17,814 | 13,326 | 3,435 | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6,488 | -7,260 | |
17/49 |
706,653 | 727,048 | 443,813 | 495,574 | 1.2m | 2.3m | 1.0m | 866,226 | 539,471 | 1.4m | 1.2m | 663,001 | 496,585 | 541,685 | 332,799 | 221,792 | 172,708 | 184,783 | 82,240 | 16,606 | |
17 |
13,840 | 52,629 | 154,570 | 252,398 | 329,114 | 455,348 | 195,946 | 233,059 | 236,909 | 261,575 | 311,038 | 260,086 | 296,484 | 310,232 | 112,292 | 5,192 | 14,685 | 23,595 | 31,960 | - | |
170/4 |
13,840 | 52,629 | 154,570 | 252,398 | 329,114 | 455,348 | 195,946 | 233,059 | 236,909 | 261,575 | 311,038 | 260,086 | 296,484 | 310,232 | 112,292 | 5,192 | 14,685 | 23,595 | 31,960 | - | |
42/48 |
692,813 | 674,419 | 289,244 | 243,176 | 904,697 | 1.9m | 849,259 | 633,167 | 302,563 | 1.2m | 923,714 | 402,915 | 200,101 | 231,453 | 220,507 | 216,600 | 158,023 | 161,188 | 50,280 | 15,406 | |
42 |
50,204 | 101,941 | 125,226 | 133,225 | 125,552 | 122,558 | 57,205 | 52,628 | 46,036 | 778,497 | 544,368 | 34,588 | 32,987 | 30,952 | 5,191 | 9,494 | 38,911 | 38,364 | 21,102 | 6,755 | |
43 |
400,000 | 353,661 | - | - | - | 1.6m | 493,326 | 169,447 | 18 | 90,328 | 199,794 | 129,247 | - | - | - | - | - | - | - | - | |
430/8 |
400,000 | 353,661 | - | - | - | 1.6m | 493,326 | 169,447 | 18 | 90,328 | 199,794 | 129,247 | - | - | - | - | - | - | - | - | |
44 |
81,949 | 115,317 | 86,291 | 49,399 | 151,725 | 143,569 | 229,492 | 195,428 | 173,044 | 188,176 | 77,060 | 198,646 | 114,505 | 122,439 | 165,043 | 166,780 | 59,592 | 80,380 | 28,608 | 8,651 | |
440/4 |
81,949 | 115,317 | 86,291 | 49,399 | 151,725 | 143,569 | 229,492 | 195,428 | 156,656 | 188,176 | 77,060 | 198,646 | 114,505 | 122,439 | 165,043 | 166,780 | 59,592 | 80,380 | 28,608 | 8,651 | |
441 |
- | - | - | - | - | - | - | - | 16,388 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
44,903 | 9,509 | 8,200 | 19,900 | 455,067 | 44,384 | 69,236 | 215,663 | 83,465 | 84,622 | 91,585 | 28,478 | 24,600 | 39,950 | 13,700 | 6,561 | 14,805 | 5,000 | 570 | - | |
450/3 |
44,903 | 9,509 | 8,200 | 19,900 | 455,067 | 43,330 | 69,236 | 215,663 | 83,465 | 76,622 | 91,585 | 28,478 | 24,600 | 26,400 | 13,700 | 6,561 | 14,805 | 5,000 | 570 | - | |
454/9 |
- | - | - | - | - | 1,054 | - | - | - | 8,000 | - | - | - | 13,550 | - | - | - | - | - | - | |
47/48 |
115,758 | 93,991 | 69,527 | 40,652 | 172,353 | - | - | - | - | 25,685 | 10,907 | 11,956 | 28,009 | 38,112 | 36,573 | 33,765 | 44,715 | 37,444 | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,200 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 168,274 | 24,519 | |
76A |
8,711 | 383 | - | 21,507 | 4,955 | 7,804 | 505 | - | 5,813 | 7,669 | - | - | 2,849 | 23,268 | - | - | - | - | - | - | |
9900 |
99,682 | 98,394 | 78,311 | 111,069 | 157,645 | 115,627 | 189,629 | 231,609 | 284,207 | 100,620 | 183,870 | 101,149 | 71,610 | 66,808 | 41,385 | 41,173 | 50,326 | 41,151 | 13,445 | -3,246 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 154,830 | 27,765 | |
62 |
- | - | - | - | 9,697 | 7,401 | - | - | - | - | 1,663 | 922 | - | - | - | - | - | - | - | - | |
630 |
57,768 | 62,167 | 62,216 | 68,259 | 63,259 | 47,370 | 55,714 | 55,168 | 51,061 | 52,653 | 63,666 | 48,587 | 44,441 | 25,417 | 14,313 | 28,955 | 28,841 | 21,576 | 10,571 | 342 | |
640/8 |
2,685 | 9,741 | 4,623 | 9,336 | 6,540 | 6,845 | 5,965 | 9,699 | 133 | 7,999 | 8,513 | 2,101 | 2,618 | 2,448 | 2,041 | 2,065 | 4,240 | 677 | 496 | 348 | |
9901 |
39,229 | 26,486 | 11,472 | 33,474 | 78,149 | 54,010 | 127,950 | 166,742 | 233,014 | 39,968 | 110,028 | 49,539 | 24,551 | 38,943 | 25,031 | 10,153 | 17,245 | 18,898 | 2,378 | -3,936 | |
75/76B |
- | 59 | 1,319 | 417 | - | 2,564 | - | 31 | 57 | 8,672 | 407 | 385 | 66 | 342 | 76 | 65 | 109 | 153 | 77 | 8 | |
75 |
- | 59 | 1,319 | 417 | - | 2,564 | - | 31 | 57 | 1,003 | 407 | 385 | 66 | 342 | 76 | 65 | 109 | 153 | 77 | 8 | |
76B |
- | - | - | - | - | - | - | - | - | 7,669 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
20,138 | 18,831 | 7,591 | 7,614 | 37,151 | 38,086 | 20,322 | 24,579 | 27,638 | 33,195 | 28,699 | 16,319 | 16,769 | 31,100 | 6,575 | 5,102 | 1,963 | 2,245 | 1,683 | 15 | |
65 |
20,138 | 18,831 | 7,591 | 7,614 | 37,151 | 38,086 | 20,322 | 24,579 | 27,638 | 33,195 | 28,699 | 16,319 | 16,769 | 31,100 | 6,575 | 5,102 | 1,963 | 2,245 | 1,683 | 15 | |
9903 |
19,091 | 7,714 | 5,200 | 26,277 | 40,998 | 18,488 | 107,628 | 142,194 | 205,433 | 15,444 | 81,736 | 33,605 | 10,697 | 31,453 | 18,532 | 5,116 | 15,391 | 16,806 | 772 | -3,943 | |
67/77 |
4,500 | 1,145 | 438 | 5,000 | 8,500 | 682 | 31,973 | 84,907 | 75,565 | 9,091 | 25,060 | 15,114 | 4,545 | 10,864 | 6,000 | 628 | 5,500 | 5,023 | - | - | |
9904 |
14,591 | 6,569 | 4,762 | 21,277 | 32,498 | 17,806 | 75,656 | 57,287 | 129,869 | 6,353 | 56,676 | 18,491 | 6,152 | 20,589 | 12,532 | 4,488 | 9,891 | 11,783 | 772 | -3,943 | |
9905 |
14,591 | 6,569 | 4,762 | 21,277 | 32,498 | 17,806 | 75,656 | 57,287 | 129,869 | 6,353 | 56,676 | 18,491 | 6,152 | 20,589 | 12,532 | 4,488 | 9,891 | 11,783 | 772 | -3,943 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
14,591 | 6,569 | 4,762 | 21,277 | 32,498 | 17,806 | 75,656 | 57,287 | 129,869 | 6,353 | 56,676 | 18,491 | 6,152 | 20,589 | 12,532 | 4,488 | 9,891 | 5,295 | -6,488 | -7,260 | |
691/2 |
14,591 | 6,569 | 4,762 | 21,277 | 32,498 | 17,806 | 75,656 | 57,287 | 129,869 | 6,353 | 56,676 | 18,491 | 6,152 | 20,589 | 12,532 | 4,488 | 9,891 | 5,295 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | |
6921 |
14,591 | 6,569 | 4,762 | 21,277 | 32,498 | 17,806 | 75,656 | 57,287 | 129,869 | 6,353 | 56,676 | 18,491 | 6,152 | 20,589 | 12,532 | 4,488 | 9,891 | 3,435 | - | - | |
| Document | |||||||||||||||||||||
The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
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 | 31-07-2026 | 2026-00365124 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00430593 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00314571 | |
| 31-12-2022 | full format | 13-07-2023 | 2023-00238024 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20401062 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-62800337 | |
| 31-12-2019 | full format | 27-07-2020 | 2020-34800235 | |
| 31-12-2018 | full format | 20-08-2019 | 2019-48000586 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-37400132 | |
| 31-12-2016 | full format | 21-08-2017 | 2017-45400571 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-52800319 | |
| 31-12-2014 | full format | 29-07-2015 | 2015-36600528 | |
| 31-12-2013 | full format | 20-08-2014 | 2014-44200056 | |
| 31-12-2012 | full format | 19-08-2013 | 2013-43400178 | |
| 31-12-2011 | full format | 25-08-2012 | 2012-46200058 | |
| 31-12-2010 | full format | 11-08-2011 | 2011-39600429 | |
| 31-12-2009 | full format | 14-07-2010 | 2010-30000051 | |
| 31-12-2008 | full format | 09-07-2009 | 2009-39400067 | |
| 31-12-2007 | full format | 02-07-2008 | 2008-37400287 | |
| 31-12-2006 | full format | 30-07-2007 | 2007-49800004 | |
| 31-12-2005 | full format | 25-07-2006 | 2006-52600059 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 96,997 | 88,653 | 73,688 | 101,734 | 141,408 | 101,380 | 183,664 | 221,910 | 284,074 | 92,621 | 173,694 | 98,126 | 68,992 | 64,360 | 39,344 | 39,108 | 46,086 | 40,474 | 12,949 | -3,594 | ||
| 72,359 | 68,736 | 66,978 | 89,536 | 95,758 | 65,176 | 131,370 | 112,455 | 180,929 | 59,006 | 120,342 | 67,078 | 50,593 | 46,006 | 26,845 | 33,443 | 38,732 | 33,359 | 11,343 | -3,601 | ||
| 12,908 | 0 | 59,504 | 60,000 | 0 | 158,104 | 30,000 | 51,166 | 31,400 | 20,969 | 95,183 | 29,717 | 37,205 | 216,264 | 210,465 | 7,314 | 23,034 | 36,426 | 44,818 | - | ||
| -43,783 | -59,091 | 18,872 | -391,657 | 699,651 | 788 | -84,441 | -173,013 | 230,020 | -89,367 | 135,844 | -14,521 | 42,054 | -91,001 | -8,115 | 17,162 | 11,785 | 44,050 | 28,699 | - | ||
| 338,436 | 317,774 | 350,979 | 412,913 | 460,093 | 490,568 | 295,735 | 231,478 | 154,242 | 29,378 | 40,804 | -39,264 | -40,226 | -39,866 | -67,548 | 8,972 | -7,664 | -14,502 | -3,070 | -355 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.4% | -16.1% | ||
| 42.7% | 41.4% | 53.3% | 50.3% | 28.0% | 16.0% | 28.5% | 28.3% | 33.9% | 9.3% | 10.2% | 11.2% | 11.6% | 9.8% | 10.3% | 10.4% | 11.0% | 5.9% | -0.4% | -6.8% | ||
| 1.49 | 1.47 | 2.21 | 2.70 | 1.51 | 1.26 | 1.35 | 1.37 | 1.51 | 1.03 | 1.04 | 0.90 | 0.80 | 0.83 | 0.69 | 1.04 | 0.95 | 0.91 | 0.94 | 0.98 | ||
| 0.47 | 0.57 | 1.62 | 1.99 | 0.95 | 0.30 | 0.37 | 0.62 | 1.51 | 0.32 | 0.46 | 0.39 | 0.78 | 0.83 | 0.69 | 1.04 | 0.95 | 0.91 | 0.92 | 0.98 | ||
| 1.34 | 1.42 | 0.88 | 0.99 | 2.57 | 5.23 | 2.50 | 2.53 | 1.95 | 9.74 | 8.80 | 7.93 | 7.62 | 9.18 | 8.67 | 8.57 | 8.08 | 16.08 | - | - | ||
| 2.8% | 1.3% | 0.9% | 4.2% | 6.8% | 4.0% | 18.1% | 16.8% | 47.0% | 4.3% | 40.4% | 22.1% | 9.4% | 34.9% | 32.6% | 17.3% | 46.2% | 102.5% | - | - | ||
| 1.2% | 0.5% | 0.5% | 2.1% | 1.9% | 0.6% | 5.2% | 4.7% | 15.9% | 0.4% | 4.1% | 2.5% | 1.1% | 3.4% | 3.4% | 1.8% | 5.1% | 6.0% | 0.9% | -25.4% | ||
| 4.82 | 4.71 | 9.71 | 13.36 | 3.81 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11 days | 74 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67 days | 114 days |
EBIT margin: not included in this filing.
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 | €12,908 | - | €59,504 | €60,000 | - |
| €57,768 | €62,167 | €62,216 | €68,259 | €63,259 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BECARS
The operating result for 2025 is 48% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 58.6% to 57.3%. Equity is higher and debt is lower.