Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 12-06-2026 at the NBB all 3 filings
Turnover
≈ €360,000
Estimated: probably between €290,000 and €460,000
Total assets
€14.1m▲ 0.5%
2024 · €14.0m
Net result
€28,952
2024 · -€31,360
Working capital
-€3.9m▲ 0.2%
2024 · -€3.9m
In the rankings
#2 company by equity in Damme, Professional and technical services sector#3 company by total assets in Damme, Professional and technical services sector
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€223,310
▲ 187%
2025
20232025
Net result
€28,952
2025
middle half of the sector
20232025
Equity
€9.7m
▲ 0.3%
2025
highest quarter of the sector
20232025
Total assets
€14.1m
▲ 0.5%
2025
highest quarter of the sector
20232025
Debt
€4.4m
▲ 0.9%
2025
20232025
Working capital
-€3.9m
▲ 0.2%
2025
lowest quarter of the sector
20232025
Solvency
69.0%
▼ 0.1pp
2025
middle half of the sector
20232025
Current ratio
0.02
▲ 0.02
2025
lowest quarter of the sector
20232025
Return on assets (ROA)
0.2%
▲ 0.4pp
2025
lowest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€0.03m-€0.08m▲ 197%€0.2m▲ 187%
Net result€2.7mabove the sector's middle half--€0.03mbelow the sector's middle half€0.03mwithin the sector's middle half
Equity€9.7mabove the sector's middle half-€9.7mabove the sector's middle half▼ 0.3%€9.7mabove the sector's middle half▲ 0.3%
Total assets€14.1mabove the sector's middle half-€14.0mabove the sector's middle half▼ 0.7%€14.1mabove the sector's middle half▲ 0.5%
Debt€4.4m-€4.3m▼ 1.5%€4.4m▲ 0.9%
Working capital-€3.8mbelow the sector's middle half--€3.9mbelow the sector's middle half▼ 3.4%-€3.9mbelow the sector's middle half▲ 0.2%
Solvency68.8%within the sector's middle half-69.1%within the sector's middle half▲ 0.3pp69.0%within the sector's middle half▼ 0.1pp
Current ratio0.03below the sector's middle half-0.01below the sector's middle half▼ 0.030.02below the sector's middle half▲ 0.02
Return on assets (ROA)19.3%above the sector's middle half--0.2%below the sector's middle half▼ 19.6pp0.2%below the sector's middle half▲ 0.4pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 187% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The abbreviated 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
Assets €14.1m
Fixed assets
€14.0m =
Current assets
€96,581 ▲ 218%
Equity and liabilities €14.1m
Equity
€9.7m ▲ 0.3%
Debt
€4.4m ▲ 0.9%
Debt's share of the balance-sheet total rises from 30.9% to 31.0%. Equity and debt are higher.
Key figures and ratios
ROE
0.3%▲
2024 · -0.3%
Debt ≤ 1 year
€4.0m▲
2024 · €4.0m
Debt > 1 year
€320,441▼
2024 · €367,693
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Debts secured on the company's own assets | €457,396 | €413,340 | €367,693 |
| Pledge on other assets, amount secured | €500,000 | €500,000 | €500,000 |
| Carrying value of the other pledged assets | €14.0m | €14.0m | €14.0m |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Financial fixed assets | €14.0m | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €0.001m | €192 | €177 | ▼ 8.0% |
| Gross operating margin9900 | €0.03m | €0.08m | €0.2m | ▲ 186% |
| Operating profit (loss)9901 | €0.03m | €0.08m | €0.2m | ▲ 187% |
| Financial income75/76B | €2.9m | €0 | - | - |
| Recurring financial income75 | €2.9m | €0 | - | - |
| Financial charges65/66B | €0.2m | €0.1m | €0.2m | ▲ 78.0% |
| Recurring financial charges65 | €0.2m | €0.1m | €0.2m | ▲ 78.0% |
| Profit (loss) for the period before taxes9903 | €2.7m | -€0.03m | €0.03m | - |
| Profit (loss) for the period9904 | €2.7m | -€0.03m | €0.03m | - |
| Profit (loss) for the period to be appropriated9905 | €2.7m | -€0.03m | €0.03m | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €14.1m | €14.0m | €14.1m | ▲ 0.5% |
| Fixed assets21/28 | €14.0m | €14.0m | €14.0m | = |
| Financial fixed assets28 | €14.0m | €14.0m | €14.0m | = |
| Current assets29/58 | €0.1m | €0.03m | €0.1m | ▲ 218% |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.06m | ▲ 464% |
| Trade receivables40 | €0.009m | €0.01m | €0.05m | ▲ 373% |
| Other amounts receivable41 | €0.001m | €0 | €0.01m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.02m | €0.03m | ▲ 78.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €14.1m | €14.0m | €14.1m | ▲ 0.5% |
| Equity10/15 | €9.7m | €9.7m | €9.7m | ▲ 0.3% |
| Contributions10/11 | €7.0m | €7.0m | €7.0m | = |
| Profit (loss) carried forward14 | €2.7m | €2.7m | €2.7m | ▲ 1.1% |
| Amounts payable17/49 | €4.4m | €4.3m | €4.4m | ▲ 0.9% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.3m | ▼ 12.9% |
| Financial debts170/4 | €0.4m | €0.4m | €0.3m | ▼ 12.9% |
| Amounts payable within one year42/48 | €3.9m | €4.0m | €4.0m | ▲ 1.5% |
| Current portion of amounts payable after more than one year42 | €0.04m | €0.05m | €0.05m | ▲ 3.5% |
| Financial debts43 | €0.3m | €0 | - | - |
| Other loans439 | €0.3m | €0 | - | - |
| Trade debts44 | €0.007m | €0.008m | €0.01m | ▲ 57.8% |
| Suppliers440/4 | €0.007m | €0.008m | €0.01m | ▲ 57.8% |
| Taxes, remuneration and social security45 | €0.02m | €0.03m | €0.06m | ▲ 96.4% |
| Taxes450/3 | €0.02m | €0.03m | €0.05m | ▲ 99.9% |
| Remuneration and social security454/9 | - | €0.001m | €0.001m | = |
| Other amounts payable47/48 | €3.6m | €3.9m | €3.9m | ▲ 0.6% |
| Accrued charges and deferred income492/3 | €0.06m | €0.007m | €0.03m | ▲ 401% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.7m | -€0.03m | €0.03m | - |
| Operating cash flow (approximation) | €2.7m | -€0.03m | €0.03m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€0.1m | €0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.