BL
Annual accounts 2025
micro format, filed on 04-11-2025, 4 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2,900. Estimated: probably between €2,200 and €6,000.
Balance sheet
balance sheet total €33,201 on 31-03-2025in euro
in euro
Position in the sector
39.2%
Higher than 58% of 1,847 companies in 2025.
0.25
Higher than 15% of 1,759 companies in 2025.
-2.8%
Higher than 28% of 1,776 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 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
33,201 | 14,781 | 17,444 | 15,417 | 37,829 | 48,972 | 31,886 | 28,857 | 6,946 | 23,972 | 26,857 | 27,660 | 26,141 | 23,157 | 27,679 | 28,662 | |
21/28 |
28,138 | 5,180 | 2,054 | 2,568 | 9,038 | 28,233 | 7,772 | 3,354 | 680 | 4,105 | 7,542 | 10,708 | 16,116 | 5,121 | 6,662 | 8,243 | |
21 |
- | - | - | 0 | - | 210 | 2,623 | 840 | - | - | - | - | - | - | - | - | |
22/27 |
28,138 | 5,180 | 2,054 | 2,568 | 9,038 | 28,023 | 5,149 | 2,294 | - | 3,425 | 6,862 | 10,028 | 15,436 | 5,091 | 6,632 | 8,213 | |
22 |
1,027 | 1,541 | 2,054 | 2,568 | 3,595 | 4,533 | 1,275 | 1,700 | - | - | - | - | - | - | - | - | |
23 |
543 | - | - | - | 1,019 | - | - | - | - | 240 | 491 | 471 | 1,044 | 1,641 | 1,382 | 1,163 | |
24 |
23,298 | - | - | - | 4,425 | 23,490 | 3,874 | 594 | - | 3,185 | 6,371 | 9,556 | 14,392 | 3,450 | 5,250 | 7,050 | |
26 |
3,271 | 3,639 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | 220 | 680 | 680 | 680 | 680 | 680 | 30 | 30 | 30 | |
29/58 |
5,063 | 9,602 | 15,390 | 12,850 | 28,791 | 20,740 | 24,114 | 25,503 | 6,266 | 19,867 | 19,316 | 16,952 | 10,025 | 18,036 | 21,017 | 20,419 | |
40/41 |
3,476 | 9,178 | 63 | - | 2,559 | 9,800 | 15,471 | 24,707 | 6,117 | 16,438 | 15,947 | 13,635 | 1,061 | 14,498 | 20,084 | 10,728 | |
40 |
1,048 | 1,913 | - | - | 1,912 | 9,800 | 15,471 | 22,812 | 5,458 | 14,965 | 15,868 | 13,367 | 336 | 12,622 | 19,932 | 7,933 | |
41 |
2,428 | 7,265 | 63 | - | 648 | - | - | 1,895 | 659 | 1,473 | 80 | 267 | 724 | 1,876 | 152 | 2,795 | |
54/58 |
1,264 | 423 | 15,326 | 12,585 | 26,231 | 10,939 | 8,642 | 796 | 149 | 2,346 | 2,060 | 2,704 | 8,339 | 2,866 | 129 | 8,960 | |
490/1 |
323 | - | - | 265 | - | - | - | - | - | 1,083 | 1,309 | 613 | 626 | 672 | 804 | 731 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
33,201 | 14,781 | 17,444 | 15,417 | 37,829 | 48,972 | 31,886 | 28,857 | 6,946 | 23,972 | 26,857 | 27,660 | 26,141 | 23,157 | 27,679 | 28,662 | |
10/15 |
13,009 | 13,947 | 17,049 | 14,736 | 25,920 | 21,295 | 10,676 | 4,487 | 1,595 | 9,052 | 8,707 | 6,177 | 1,426 | 12,556 | 7,556 | 16,304 | |
10/11 |
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 | 6,200 | 6,200 | |
10 |
- | - | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
17,099 | 17,099 | 17,099 | 17,099 | 17,099 | 12,474 | 1,855 | 1,855 | 1,855 | 2,852 | 2,507 | 798 | 798 | 798 | 505 | 505 | |
130/1 |
- | - | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 798 | 798 | 798 | 505 | 505 | |
133 |
17,099 | 17,099 | 15,244 | 15,244 | 15,244 | 10,619 | - | - | - | 997 | 652 | - | - | - | - | - | |
14 |
-10,289 | -9,351 | -6,250 | -8,563 | 2,621 | 2,621 | 2,621 | -3,568 | -6,460 | - | - | -821 | -5,572 | 5,558 | 851 | 9,599 | |
17/49 |
20,192 | 834 | 395 | 681 | 11,909 | 27,678 | 21,210 | 24,370 | 5,351 | 14,921 | 18,150 | 21,483 | 24,715 | 10,601 | 20,123 | 12,358 | |
17 |
- | - | - | - | - | 5,137 | - | - | - | 2,487 | 5,653 | 8,657 | 11,505 | - | - | - | |
170/4 |
- | - | - | - | - | 5,137 | - | - | - | 2,487 | 5,653 | 8,657 | 11,505 | - | - | - | |
42/48 |
20,192 | 834 | 395 | 681 | 11,909 | 22,541 | 21,210 | 24,370 | 5,351 | 12,434 | 12,497 | 12,826 | 13,087 | 10,601 | 20,123 | 12,358 | |
42 |
- | - | - | - | - | 2,987 | - | - | 2,487 | 3,166 | 3,003 | 2,848 | 2,702 | - | - | - | |
43 |
- | - | - | - | - | - | - | - | 1,356 | - | - | - | - | - | 2,243 | - | |
430/8 |
- | - | - | - | - | - | - | - | 1,356 | - | - | - | - | - | 2,243 | - | |
44 |
158 | - | 312 | 477 | - | 2,699 | 6,385 | 14,724 | 780 | 599 | 3,578 | 3,020 | 942 | 2,985 | 5,594 | 2,394 | |
440/4 |
158 | - | 312 | 477 | - | 2,699 | 6,385 | 14,724 | 780 | 599 | 3,578 | 3,020 | 942 | 2,985 | 5,594 | 2,394 | |
45 |
1,878 | 834 | - | 121 | 4,825 | 8,363 | 6,311 | 7,527 | - | 5,708 | 640 | 1,507 | 66 | 2,025 | 2,953 | 145 | |
450/3 |
1,878 | 834 | - | 121 | 4,825 | 8,363 | 6,311 | 7,527 | - | 2,208 | 640 | 1,507 | 66 | 235 | 772 | 145 | |
454/9 |
- | - | - | - | - | - | - | - | - | 3,500 | - | - | - | 1,790 | 2,181 | - | |
47/48 |
18,156 | - | 83 | 83 | 7,084 | 8,491 | 8,514 | 2,119 | 728 | 2,960 | 5,275 | 5,451 | 9,377 | 5,590 | 9,334 | 9,819 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 123 | - | - | - | |
| Income statement | |||||||||||||||||
76A |
1,000 | - | - | - | 5,622 | 423 | - | - | - | - | - | - | - | - | - | - | |
9900 |
1,008 | -1,985 | 3,474 | -4,531 | 17,934 | 25,999 | 17,873 | 7,231 | -6,696 | 4,630 | 7,292 | 9,579 | -4,235 | 8,358 | -5,769 | 17,348 | |
630 |
1,189 | 554 | 514 | 3,084 | 4,170 | 10,175 | 2,637 | 784 | - | 3,437 | 3,566 | 3,758 | 5,583 | 2,397 | 2,226 | 3,122 | |
631/4 |
- | - | - | - | -2,050 | - | 4,024 | - | - | - | - | - | - | - | - | - | |
640/8 |
607 | 566 | 510 | 527 | 3,146 | 1,408 | 817 | 1,483 | 302 | 282 | 439 | 173 | 648 | 927 | 781 | 351 | |
66A |
- | - | - | - | 4,868 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-788 | -3,106 | 2,451 | -8,142 | 7,800 | 14,416 | 10,395 | 4,965 | -6,998 | 911 | 3,288 | 5,647 | -10,465 | 5,034 | -8,777 | 13,876 | |
75/76B |
- | 173 | 0 | 4 | - | 1 | 8 | - | - | 29 | 12 | 26 | 24 | 84 | 107 | 35 | |
75 |
- | 173 | 0 | 4 | - | 1 | 8 | - | - | 29 | 12 | 26 | 24 | 84 | 107 | 35 | |
65/66B |
150 | 168 | 138 | 149 | 335 | 451 | 174 | 347 | 458 | 595 | 769 | 923 | 689 | 118 | 79 | 64 | |
65 |
150 | 168 | 138 | 149 | 335 | 451 | 174 | 347 | 458 | 595 | 769 | 923 | 689 | 118 | 79 | 64 | |
9903 |
-938 | -3,101 | 2,313 | -8,287 | 7,465 | 13,966 | 10,229 | 4,618 | -7,456 | 344 | 2,530 | 4,751 | -11,130 | 5,001 | -8,748 | 13,847 | |
67/77 |
- | - | - | -2,000 | 2,840 | 6,088 | 4,041 | 1,726 | - | - | - | - | - | 0 | - | 3,743 | |
9904 |
-938 | -3,101 | 2,313 | -6,287 | 4,625 | 7,879 | 6,189 | 2,892 | -7,456 | 344 | 2,530 | 4,751 | -11,130 | 5,000 | -8,748 | 10,104 | |
9905 |
-938 | -3,101 | 2,313 | -6,287 | 4,625 | 7,879 | 6,189 | 2,892 | -7,456 | 344 | 2,530 | 4,751 | -11,130 | 5,000 | -8,748 | 10,104 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-10,289 | -9,351 | -6,250 | -8,563 | 7,246 | 10,500 | 2,621 | -3,568 | -7,456 | 344 | 1,710 | -821 | -5,572 | 5,851 | 851 | 10,104 | |
14P |
-9,351 | -6,250 | -8,563 | -2,275 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | 997 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 4,625 | 7,879 | - | - | - | 344 | 1,710 | - | - | 293 | - | 505 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,057 | - | - | 293 | - | 505 | |
6921 |
- | - | - | - | 4,625 | 7,879 | - | - | - | 344 | 652 | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 8 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 04-11-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 4 days after the deadline. Filed on 4 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00562596.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 04-11-2025 | 2025-00562596 | |
| 31-03-2024 | micro format | 04-11-2025 | 2025-00562659 | |
| 31-03-2023 | abbreviated format | 30-11-2023 | 2023-00522777 | |
| 31-03-2022 | abbreviated format | 02-11-2022 | 2022-20483771 | |
| 31-03-2020 | micro format | 11-09-2020 | 2020-52500068 | |
| 31-03-2019 | micro format | 12-09-2019 | 2019-64300489 | |
| 31-03-2017 | abbreviated format | 02-10-2017 | 2017-66400220 | |
| 31-03-2016 | abbreviated format | 27-09-2016 | 2016-63600574 | |
| 31-03-2015 | abbreviated format | 29-09-2015 | 2015-62600578 | |
| 31-03-2014 | abbreviated format | 26-11-2014 | 2014-67900010 | |
| 31-03-2013 | abbreviated format | 27-09-2013 | 2013-61000455 | |
| 31-03-2012 | abbreviated format | 26-10-2012 | 2012-62000033 | |
| 31-03-2011 | abbreviated format | 05-10-2011 | 2011-57500240 | |
| 31-03-2010 | abbreviated format | 01-12-2010 | 2010-62000486 | |
| 31-03-2009 | abbreviated format | 08-09-2009 | 2009-75500025 | |
| 31-03-2008 | abbreviated format | 16-09-2008 | 2008-73400162 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 401 | -2,552 | 2,964 | -5,058 | 11,970 | 24,591 | 13,033 | 5,748 | - | 4,347 | 6,853 | 9,405 | -4,882 | 7,431 | -6,551 | 16,998 | ||
| 251 | -2,547 | 2,826 | -3,204 | 8,795 | 18,054 | 8,826 | 3,675 | - | 3,781 | 6,096 | 8,509 | -5,547 | 7,397 | -6,522 | 13,226 | ||
| 39,148 | 3,680 | 0 | - | 1,074 | 9,758 | 7,275 | 4,138 | - | 0 | 400 | -1,650 | 16,577 | 856 | 645 | 11,365 | ||
| 841 | -14,903 | 2,741 | - | 15,292 | - | 7,847 | 646 | -2,197 | 286 | -644 | -5,635 | 5,473 | 2,737 | -8,831 | - | ||
| -15,129 | 8,768 | 14,995 | 12,169 | 16,882 | -1,801 | 2,904 | 1,133 | 915 | 7,433 | 6,819 | 4,126 | -3,062 | 7,435 | 894 | 8,061 | ||
| 39.2% | 94.4% | 97.7% | 95.6% | 68.5% | 43.5% | 33.5% | 15.6% | 23.0% | 37.8% | 32.4% | 22.3% | 5.5% | 54.2% | 27.3% | 56.9% | ||
| 0.25 | 11.52 | 38.98 | 18.86 | 2.42 | 0.92 | 1.14 | 1.05 | 1.17 | 1.60 | 1.55 | 1.32 | 0.77 | 1.70 | 1.04 | 1.65 | ||
| 1.55 | 0.06 | 0.02 | 0.05 | 0.46 | 1.30 | 1.99 | 5.43 | 3.35 | 1.65 | 2.08 | 3.48 | 17.33 | 0.84 | 2.66 | 0.76 | ||
| -7.2% | -22.2% | 13.6% | -42.7% | 17.8% | 37.0% | 58.0% | 64.4% | -467.3% | 3.8% | 29.1% | 76.9% | -780.4% | 39.8% | -115.8% | 62.0% | ||
| -2.8% | -21.0% | 13.3% | -40.8% | 12.2% | 16.1% | 19.4% | 10.0% | -107.3% | 1.4% | 9.4% | 17.2% | -42.6% | 21.6% | -31.6% | 35.3% | ||
| 2.67 | -15.15 | 21.46 | -33.88 | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €39,148 | €3,680 | - | - |
| €1,189 | €554 | €514 | €3,084 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on BL
The operating result for 2025 is a loss of €788, smaller than the loss of €3,106 in 2024.
Debt's share of the balance-sheet total rises from 5.6% to 60.8%. Equity is lower and debt is higher.