BELTECHPRO
Dissolved and wound up on 30-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-04-2026 at the NBB all 3 filings
Equity
€43,864▼ 5.8%
2024 · €46,589
Total assets
€48,207▲ 2.0%
2024 · €47,240
Net result
-€2,726▲ 89.7%
2024 · -€26,552
Working capital
€48,178▲ 3.8%
2024 · €46,414
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€4,672
▲ 83.4%
2025
20232025
Net result
-€2,726
▲ 89.7%
2025
20232025
Equity
€43,864
▼ 5.8%
2025
20232025
Total assets
€48,207
▲ 2.0%
2025
20232025
Debt
€29
▼ 95.5%
2025
20232025
Working capital
€48,178
▲ 3.8%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€7,614--€28,190-€4,672▲ 83.4%
Net result€6,514--€26,552-€2,726▲ 89.7%
Equity€73,141-€46,589▼ 36.3%€43,864▼ 5.8%
Total assets€75,135-€47,240▼ 37.1%€48,207▲ 2.0%
Debt€1,994-€651▼ 67.4%€29▼ 95.5%
Working capital€68,676-€46,414▼ 32.4%€48,178▲ 3.8%
The operating result for 2025 is a loss of €4,672, smaller than the loss of €28,190 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €48,207
Equity
€43,864 ▼ 5.8%
Provisions
€4,314
Debt
€29 ▼ 95.5%
Debt's share of the balance-sheet total falls from 1.4% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,672▲
2024 · -€25,102
Cash flow
-€2,726▲
2024 · -€23,464
Debt to equity
0.00▼
2024 · 0.01
ROE
-6.2%▲
2024 · -57.0%
ROA
-5.7%▲
2024 · -56.2%
Interest coverage
-103.82▼
2024 · -71.31
Debt ≤ 1 year
€29▼
2024 · €651
A ratio outside any meaningful range has been withheld (balance sheet total €48,207, equity €43,864).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,003 | €3,088 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €8,063 | €0 | ▼ 100% |
| Other operating charges640/8 | €721 | €432 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | €505 | €4,314 | ▲ 754% |
| Gross operating margin9900 | €13,338 | -€16,102 | -€357 | ▲ 97.8% |
| Operating profit (loss)9901 | €7,614 | -€28,190 | -€4,672 | ▲ 83.4% |
| Financial income75/76B | €1,431 | €1,990 | €1,991 | ▲ 0.1% |
| Recurring financial income75 | €1,431 | €1,990 | €1,991 | ▲ 0.1% |
| Financial charges65/66B | €1,880 | €352 | €45 | ▼ 87.2% |
| Recurring financial charges65 | €1,880 | €352 | €45 | ▼ 87.2% |
| Profit (loss) for the period before taxes9903 | €7,165 | -€26,552 | -€2,726 | ▲ 89.7% |
| Income taxes67/77 | €651 | - | - | - |
| Profit (loss) for the period9904 | €6,514 | -€26,552 | -€2,726 | ▲ 89.7% |
| Profit (loss) for the period to be appropriated9905 | €6,514 | -€26,552 | -€2,726 | ▲ 89.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €75,135 | €47,240 | €48,207 | ▲ 2.0% |
| Fixed assets21/28 | €4,489 | €175 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €4,314 | - | - | - |
| Furniture and vehicles24 | €4,314 | - | - | - |
| Financial fixed assets28 | €175 | €175 | €0 | ▼ 100% |
| Current assets29/58 | €70,646 | €47,065 | €48,207 | ▲ 2.4% |
| Stocks and contracts in progress3 | €8,063 | €0 | €0 | - |
| Stocks30/36 | €8,063 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €33,675 | €40,028 | €37,939 | ▼ 5.2% |
| Trade receivables40 | €2,096 | €2,497 | €25 | ▼ 99.0% |
| Other amounts receivable41 | €31,579 | €37,531 | €37,914 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €27,150 | €5,031 | €8,277 | ▲ 64.5% |
| Deferred charges and accrued income490/1 | €1,758 | €2,006 | €1,991 | ▼ 0.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €75,135 | €47,240 | €48,207 | ▲ 2.0% |
| Equity10/15 | €73,141 | €46,589 | €43,864 | ▼ 5.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €66,516 | €66,516 | €66,516 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €64,656 | €64,656 | €64,656 | = |
| Profit (loss) carried forward14 | €425 | -€26,127 | -€28,852 | ▼ 10.4% |
| Provisions and deferred taxes16 | - | - | €4,314 | - |
| Provisions for liabilities and charges160/5 | - | - | €4,314 | - |
| Other liabilities and charges164/5 | - | - | €4,314 | - |
| Amounts payable17/49 | €1,994 | €651 | €29 | ▼ 95.5% |
| Amounts payable within one year42/48 | €1,970 | €651 | €29 | ▼ 95.5% |
| Trade debts44 | €679 | - | €29 | - |
| Suppliers440/4 | €679 | - | €29 | - |
| Taxes, remuneration and social security45 | €1,291 | €651 | €0 | ▼ 100% |
| Taxes450/3 | €1,291 | €651 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €24 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,514 | -€26,552 | -€2,726 | ▲ 89.7% |
| + Depreciation and write-downs630 | €5,003 | €3,088 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €11,517 | -€23,464 | -€2,726 | ▲ 88.4% |
| Investment in fixed assets (approximation) | - | €1,226 | €175 | ▼ 85.7% |
| Change in cash | - | -€22,119 | €3,246 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.