BODERPA
Dissolution or liquidationFinancials · financial year 2025, micro format
Turnover
≈ €130,000
Estimated: probably between €87,000 and €170,000
Total assets
€442,721▼ 37.2%
2024 · €705,445
Net result
-€84,686▼ 355%
2024 · -€18,605
Working capital
€398,296▲ 103%
2024 · €196,627
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €100,985 in 2025 against €14,162 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€100,985
2025
Net result-€84,686
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€442,721
2025
Equity€398,296
2025
Debt€44,425
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€398,296
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-19.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency90.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio9.97
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€38,601--€39,249▼ 1.7%-€38,308▲ 2.4%-€22,751▲ 40.6%-€30,211▼ 32.8%-€30,339▼ 0.4%-€14,162▲ 53.3%-€100,985▼ 613%
Net result-€44,114--€28,469▲ 35.5%-€32,449below the sector's middle half▼ 14.0%-€7,698below the sector's middle half▲ 76.3%-€24,575below the sector's middle half▼ 219%-€25,459below the sector's middle half▼ 3.6%-€18,605below the sector's middle half▲ 26.9%-€84,686below the sector's middle half▼ 355%
Equity€607,659-€579,191▼ 4.7%€559,319above the sector's middle half▼ 3.4%€551,622above the sector's middle half▼ 1.4%€527,046above the sector's middle half▼ 4.5%€501,587above the sector's middle half▼ 4.8%€482,982above the sector's middle half▼ 3.7%€398,296above the sector's middle half▼ 17.5%
Total assets€999,711-€924,693▼ 7.5%€870,715above the sector's middle half▼ 5.8%€900,003above the sector's middle half▲ 3.4%€805,393above the sector's middle half▼ 10.5%€758,110above the sector's middle half▼ 5.9%€705,445above the sector's middle half▼ 6.9%€442,721above the sector's middle half▼ 37.2%
Debt€306,218-€264,267▼ 13.7%€246,625▼ 6.7%€287,477▲ 16.6%€221,349▼ 23.0%€203,411▼ 8.1%€173,238▼ 14.8%€44,425▼ 74.4%
Working capital€263,119-€236,427▼ 10.1%€219,852above the sector's middle half▼ 7.0%€286,853above the sector's middle half▲ 30.5%€225,202above the sector's middle half▼ 21.5%€212,711above the sector's middle half▼ 5.5%€196,627above the sector's middle half▼ 7.6%€398,296above the sector's middle half▲ 103%
Solvency60.8%-62.6%▲ 1.9pp64.2%within the sector's middle half▲ 1.6pp61.3%within the sector's middle half▼ 2.9pp65.4%within the sector's middle half▲ 4.1pp66.2%within the sector's middle half▲ 0.7pp68.5%within the sector's middle half▲ 2.3pp90.0%above the sector's middle half▲ 21.5pp
Current ratio6.77-11.85▲ 5.0810.56above the sector's middle half▼ 1.2913.12above the sector's middle half▲ 2.568.87above the sector's middle half▼ 4.257.98above the sector's middle half▼ 0.888.11above the sector's middle half▲ 0.129.97above the sector's middle half▲ 1.86
Return on assets (ROA)-4.4%--3.1%▲ 1.3pp-3.7%below the sector's middle half▼ 0.6pp-0.9%below the sector's middle half▲ 2.9pp-3.1%below the sector's middle half▼ 2.2pp-3.4%below the sector's middle half▼ 0.3pp-2.6%below the sector's middle half▲ 0.7pp-19.1%below the sector's middle half▼ 16.5pp
above
within
below
the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €442,721
Equity
€398,296 ▼ 17.5%
Provisions
€0 ▼ 100%
Debt
€44,425 ▼ 74.4%
Debt's share of the balance-sheet total falls from 24.6% to 10.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.11▼
2024 · 0.36
ROE
-21.3%▼
2024 · -3.9%
Debt ≤ 1 year
€44,425▲
2024 · €27,669
Income taxes
€33,024
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €39,902 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,783 | €38,605 | €38,605 | €38,394 | €37,915 | €36,618 | €33,795 | - | - |
| Other operating charges640/8 | - | - | - | €7,055 | €8,647 | €6,408 | €7,556 | €4,935 | ▼ 34.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €142,748 | - |
| Gross operating margin9900 | €477 | €3,231 | €7,188 | €22,699 | €16,351 | €12,687 | €27,190 | €46,699 | ▲ 71.8% |
| Operating profit (loss)9901 | -€38,601 | -€39,249 | -€38,308 | -€22,751 | -€30,211 | -€30,339 | -€14,162 | -€100,985 | ▼ 613% |
| Financial income75/76B | - | - | - | €47,817 | €58,937 | €15,144 | €5,737 | €3,935 | ▼ 31.4% |
| Recurring financial income75 | €5,833 | €42,710 | €55,853 | €47,817 | €58,937 | €15,144 | €5,737 | €3,935 | ▼ 31.4% |
| Financial charges65/66B | - | - | - | €36,235 | €55,308 | €14,150 | €14,066 | €3,837 | ▼ 72.7% |
| Recurring financial charges65 | €15,945 | €36,528 | €53,881 | €36,235 | €55,308 | €14,150 | €14,066 | €3,837 | ▼ 72.7% |
| Profit (loss) for the period before taxes9903 | -€48,713 | -€33,067 | -€36,336 | -€11,168 | -€26,582 | -€29,346 | -€22,492 | -€100,886 | ▼ 349% |
| Transfer from deferred taxes780 | - | - | - | €3,866 | €3,906 | €3,886 | €3,886 | €49,225 | ▲ 13× |
| Income taxes67/77 | - | - | - | €396 | €1,900 | - | - | €33,024 | - |
| Profit (loss) for the period9904 | -€44,114 | -€28,469 | -€32,449 | -€7,698 | -€24,575 | -€25,459 | -€18,605 | -€84,686 | ▼ 355% |
| Transfer from tax-exempt reserves789 | - | - | - | €11,659 | €11,659 | €11,659 | €11,659 | €147,675 | ▲ 13× |
| Profit (loss) for the period to be appropriated9905 | -€33,167 | -€17,521 | -€20,790 | €3,962 | -€12,916 | -€13,800 | -€6,946 | €62,990 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €999,711 | €924,693 | €870,715 | €900,003 | €805,393 | €758,110 | €705,445 | €442,721 | ▼ 37.2% |
| Fixed assets21/28 | €690,970 | €666,476 | €627,871 | €589,477 | €551,562 | €514,944 | €481,149 | - | - |
| Tangible fixed assets22/27 | €690,970 | €666,476 | €627,871 | €589,477 | €551,562 | €514,944 | €481,149 | - | - |
| Land and buildings22 | - | - | - | €366,904 | €354,672 | €342,440 | €330,207 | - | - |
| Plant, machinery and equipment23 | - | - | - | €146 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €6,796 | €2,822 | €0 | - | - | - |
| Leasing and similar rights25 | - | - | - | €201,502 | €181,351 | €161,201 | €141,051 | - | - |
| Other tangible fixed assets26 | - | - | - | €14,129 | €12,716 | €11,303 | €9,890 | - | - |
| Current assets29/58 | €308,741 | €258,217 | €242,844 | €310,526 | €253,831 | €243,166 | €224,296 | €442,721 | ▲ 97.4% |
| Amounts receivable after more than one year29 | - | - | - | €160,000 | €160,000 | €160,000 | €160,000 | €80,000 | ▼ 50.0% |
| Other amounts receivable291 | - | - | - | €160,000 | €160,000 | €160,000 | €160,000 | €80,000 | ▼ 50.0% |
| Amounts receivable within one year40/41 | €1,908 | €15,773 | €24,134 | €38,976 | €55,466 | €58,728 | €56,322 | - | - |
| Trade receivables40 | - | - | - | €155 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €38,821 | €55,466 | €58,728 | €56,322 | - | - |
| Current investments50/53 | €53,551 | €52,003 | €53,952 | €104,873 | €19,486 | €11,131 | €5,712 | - | - |
| Cash at bank and in hand54/58 | €93,283 | €19,783 | €4,017 | €6,677 | €3,665 | €1,041 | €2,263 | €362,721 | ▲ 160× |
| Deferred charges and accrued income490/1 | - | - | - | - | €15,214 | €12,265 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €999,711 | €924,693 | €870,715 | €900,003 | €805,393 | €758,110 | €705,445 | €442,721 | ▼ 37.2% |
| Equity10/15 | €607,659 | €579,191 | €559,319 | €551,622 | €527,046 | €501,587 | €482,982 | €398,296 | ▼ 17.5% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €373,271 | €362,324 | €363,243 | €355,545 | €343,885 | €332,226 | €320,567 | €260,177 | ▼ 18.8% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €182,654 | €170,994 | €159,335 | €147,675 | - | - |
| Distributable reserves133 | - | - | - | €166,691 | €166,691 | €166,691 | €166,691 | €253,977 | ▲ 52.4% |
| Profit (loss) carried forward14 | €215,838 | €198,317 | €177,527 | €177,527 | €164,611 | €150,811 | €143,865 | €119,569 | ▼ 16.9% |
| Provisions and deferred taxes16 | €85,834 | €81,236 | €64,771 | €60,905 | €56,998 | €53,112 | €49,225 | - | - |
| Deferred taxes168 | - | - | - | €60,905 | €56,998 | €53,112 | €49,225 | - | - |
| Amounts payable17/49 | €306,218 | €264,267 | €246,625 | €287,477 | €221,349 | €203,411 | €173,238 | €44,425 | ▼ 74.4% |
| Amounts payable after more than one year17 | €259,716 | €241,909 | €223,633 | €204,873 | €185,618 | €165,855 | €145,569 | - | - |
| Financial debts170/4 | - | - | - | €204,873 | €185,618 | €165,855 | €145,569 | - | - |
| Amounts payable within one year42/48 | €45,622 | €21,789 | €22,992 | €23,673 | €28,629 | €30,455 | €27,669 | €44,425 | ▲ 60.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,799 | €19,255 | €19,764 | €20,286 | - | - |
| Trade debts44 | €22,881 | €2,520 | €3,214 | €4,478 | €7,078 | €8,791 | €7,383 | €8,772 | ▲ 18.8% |
| Suppliers440/4 | - | - | - | €4,478 | €7,078 | €8,791 | €7,383 | €8,772 | ▲ 18.8% |
| Taxes, remuneration and social security45 | - | - | - | €396 | €2,296 | €1,900 | - | €33,024 | - |
| Taxes450/3 | - | - | - | €396 | €2,296 | €1,900 | - | €33,024 | - |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €2,629 | - |
| Accrued charges and deferred income492/3 | - | - | - | €58,930 | €7,101 | €7,101 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,114 | -€28,469 | -€32,449 | -€7,698 | -€24,575 | -€25,459 | -€18,605 | -€84,686 | ▼ 355% |
| + Depreciation and write-downs630 | €35,783 | €38,605 | €38,605 | €38,394 | €37,915 | €36,618 | €33,795 | - | - |
| Operating cash flow (approximation) | -€8,331 | €10,137 | €6,156 | €30,696 | €13,340 | €11,159 | €15,190 | -€84,686 | - |
| Investment in fixed assets (approximation) | - | -€14,111 | €0 | €0 | €0 | €0 | €0 | - | - |
| Change in cash | - | -€73,499 | -€15,766 | €2,660 | -€3,012 | -€2,623 | €1,221 | €360,459 | ▲ 295× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-07-2026 | 2026-00309294 |
| 31-12-2024 | micro format | 13-08-2025 | 2025-00374752 |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00384614 |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00341680 |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20125746 |
| 31-12-2020 | micro format | 09-08-2021 | 2021-47000090 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-51200055 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-62700343 |
| 31-12-2017 | micro format | 07-08-2018 | 2018-44100415 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-53200195 |
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Of the 2,643 active companies whose main activity is market research and public opinion polling (NACE 73200), figures are known for 1,768. 1,288 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.