BRAINSTARTING
Annual accounts 2025
abbreviated format, filed on 08-09-2026, 39 days lateTurnover: not included in this filing.
Balance sheet
balance sheet total €85,547 on 31-12-2025in euro
in euro
Position in the sector
94.2%
Higher than 93% of 2,831 companies in 2025.
16.47
Higher than 93% of 2,720 companies in 2025.
-18.9%
Higher than 7% of 2,778 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
85,547 | 114,387 | 149,772 | 221,288 | 154,054 | 137,350 | 151,394 | 144,703 | 151,040 | 126,620 | 121,857 | 139,916 | 154,293 | 177,640 | 165,445 | 138,553 | 134,436 | 126,377 | 127,451 | 124,002 | |
21/28 |
4,039 | 7,029 | 6,137 | 5,527 | 9,543 | 115 | 665 | 115 | 115 | 115 | 115 | 313 | 5,481 | 10,667 | 14,948 | 4,367 | 7,936 | 1,949 | 2,158 | 740 | |
22/27 |
4,039 | 7,029 | 6,022 | 5,412 | 9,428 | 0 | 550 | 0 | - | - | - | 198 | 5,236 | 10,422 | 14,818 | 4,237 | 7,806 | 1,819 | 2,028 | 610 | |
24 |
4,039 | 7,029 | 6,022 | 5,412 | 9,428 | - | 550 | - | - | - | - | 198 | 5,236 | 10,422 | 14,818 | 4,237 | 7,806 | 1,819 | 2,028 | 380 | |
26 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | 231 | |
28 |
- | - | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 245 | 245 | 130 | 130 | 130 | 130 | 130 | 130 | |
29/58 |
81,509 | 107,358 | 143,634 | 215,760 | 144,511 | 137,235 | 150,729 | 144,588 | 150,925 | 126,505 | 121,742 | 139,603 | 148,812 | 166,973 | 150,497 | 134,185 | 126,500 | 124,429 | 125,293 | 123,261 | |
3 |
- | 3,650 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
- | 3,650 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
42,756 | 44,331 | 29,840 | 21,637 | 26,863 | 23,261 | 55,560 | 56,843 | 47,370 | 37,966 | 44,756 | 39,615 | 74,021 | 29,333 | 57,398 | 37,742 | 27,845 | 4,649 | 2,792 | 14,497 | |
40 |
4,950 | 14,855 | 12,284 | 19,959 | 25,413 | 23,261 | 24,732 | 25,259 | 32,646 | - | 16,669 | 11,543 | 25,496 | 19,288 | 48,206 | 19,166 | 24,162 | 3,023 | 482 | 14,457 | |
41 |
37,806 | 29,476 | 17,556 | 1,678 | 1,450 | - | 30,828 | 31,584 | 14,724 | 37,966 | 28,088 | 28,072 | 48,525 | 10,045 | 9,192 | 18,576 | 3,683 | 1,627 | 2,310 | 40 | |
54/58 |
35,662 | 56,773 | 111,645 | 192,423 | 115,733 | 110,572 | 90,930 | 84,189 | 99,656 | 84,699 | 75,074 | 97,181 | 72,260 | 135,576 | 92,602 | 96,036 | 97,999 | 119,705 | 122,501 | 108,365 | |
490/1 |
3,090 | 2,605 | 2,149 | 1,700 | 1,915 | 3,402 | 4,239 | 3,557 | 3,899 | 3,839 | 1,912 | 2,807 | 2,530 | 2,064 | 496 | 406 | 656 | 75 | - | 400 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
85,547 | 114,387 | 149,772 | 221,288 | 154,054 | 137,350 | 151,394 | 144,703 | 151,040 | 126,620 | 121,857 | 139,916 | 154,293 | 177,640 | 165,445 | 138,553 | 134,436 | 126,377 | 127,451 | 124,002 | |
10/15 |
80,597 | 96,794 | 118,385 | 179,448 | 139,112 | 125,528 | 109,543 | 131,901 | 131,859 | 110,418 | 116,791 | 120,151 | 107,005 | 139,695 | 114,078 | 97,501 | 83,423 | 82,923 | 71,915 | 60,051 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
69,859 | 77,859 | 98,859 | 159,859 | 119,859 | 106,859 | 86,859 | 111,859 | 101,859 | 86,859 | 96,859 | 96,859 | 92,859 | 116,859 | 91,859 | 76,859 | 61,859 | 61,859 | 1,859 | 1,859 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
68,000 | 76,000 | 97,000 | 158,000 | 118,000 | 105,000 | 85,000 | 110,000 | 100,000 | 85,000 | 95,000 | 95,000 | 91,000 | 115,000 | 90,000 | 75,000 | 60,000 | 60,000 | - | - | |
14 |
-7,854 | 343 | 934 | 997 | 661 | 76 | 4,092 | 1,450 | 11,408 | 4,966 | 1,339 | 4,700 | -4,446 | 4,244 | 3,626 | 2,050 | 2,972 | 2,472 | 51,464 | 39,600 | |
17/49 |
4,950 | 17,593 | 31,386 | 41,840 | 14,942 | 11,822 | 41,852 | 12,802 | 19,181 | 16,203 | 5,067 | 19,765 | 47,287 | 37,945 | 51,367 | 41,052 | 51,013 | 43,454 | 55,536 | 63,951 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | 4,065 | 8,007 | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | 4,065 | 8,007 | - | - | - | - | - | - | |
42/48 |
4,950 | 17,593 | 31,386 | 41,840 | 14,942 | 11,822 | 41,852 | 12,802 | 17,551 | 16,203 | 5,067 | 19,765 | 43,222 | 29,938 | 51,367 | 41,052 | 50,665 | 35,454 | 47,536 | 55,951 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 4,065 | 3,942 | 3,823 | - | - | - | - | - | - | |
44 |
4,950 | 14,788 | 13,272 | 3,662 | 5,087 | 2,422 | 1,123 | 5,209 | 2,865 | 2,108 | 2,924 | 2,472 | 3,289 | 10,168 | 26,804 | 19,265 | 2,153 | 1,509 | 7,824 | 18,893 | |
440/4 |
4,950 | 14,788 | 13,272 | 3,662 | 5,087 | 2,422 | 1,123 | 5,209 | 2,865 | 2,108 | 2,924 | 2,472 | 3,289 | 10,168 | 26,804 | 19,265 | 2,153 | 1,509 | 7,824 | 18,893 | |
45 |
- | 2,804 | 18,114 | 37,285 | 3,670 | 8,021 | 10,728 | 7,593 | 8,686 | 95 | 2,143 | 13,228 | 11,991 | 13,547 | 22,164 | 19,387 | 48,512 | 33,946 | 39,532 | 21,043 | |
450/3 |
- | 2,804 | 18,114 | 37,285 | 3,670 | 8,021 | 10,728 | 7,593 | 8,686 | 95 | 2,143 | 13,228 | 11,991 | 13,454 | 22,164 | 19,387 | 48,512 | 33,946 | 39,532 | 21,043 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 92 | - | - | - | - | - | - | |
47/48 |
- | - | - | 893 | 6,185 | 1,379 | 30,000 | - | 6,000 | 14,000 | - | - | 24,000 | 2,400 | 2,400 | 2,400 | - | - | 180 | 16,015 | |
492/3 |
- | - | - | - | - | - | - | - | 1,630 | - | - | - | - | - | - | - | 348 | 8,000 | 8,000 | 8,000 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | 800 | 4,743 | - | - | - | - | - | - | 121 | 124 | - | - | - | - | - | - | 1,500 | |
9900 |
-8,186 | -15,375 | -45,183 | 73,195 | 23,738 | 29,683 | 21,900 | 3,561 | 33,739 | 9,545 | -1,644 | 21,021 | -3,466 | 69,158 | 68,229 | 39,023 | 12,630 | 31,095 | 26,412 | 39,981 | |
62 |
- | - | - | 3,705 | 52 | 1,513 | 1,911 | - | - | - | - | - | - | 2,862 | - | - | - | - | - | - | |
630 |
2,990 | 3,944 | 5,390 | 4,015 | 2,618 | 550 | 550 | - | - | - | 198 | 5,038 | 5,186 | 5,186 | 8,782 | 4,161 | 4,013 | 869 | 880 | 420 | |
640/8 |
1,772 | 2,138 | 1,938 | 2,043 | 1,607 | 785 | 3,208 | 1,759 | 811 | 1,923 | 1,988 | 749 | 744 | 1,784 | 530 | 1,212 | 1,134 | 1,663 | 1,480 | 1,054 | |
66A |
3,650 | - | - | - | - | 1,062 | - | - | - | - | - | 130 | - | 4,529 | 4,529 | - | - | - | - | - | |
9901 |
-16,597 | -21,457 | -52,511 | 63,431 | 19,461 | 25,773 | 16,231 | 1,801 | 32,927 | 7,622 | -3,829 | 15,234 | -9,396 | 59,325 | 58,918 | 33,650 | 7,483 | 28,562 | 24,052 | 38,506 | |
75/76B |
1,171 | 823 | 350 | - | 983 | 1,626 | 2,572 | 1,583 | 1,919 | 2,214 | 1,639 | 2,861 | 2,262 | 1,515 | 162 | 89 | 362 | 963 | 171 | 195 | |
75 |
1,171 | 823 | 350 | - | 983 | 1,626 | 2,572 | 1,583 | 1,919 | 2,214 | 1,639 | 2,861 | 2,262 | 1,515 | 162 | 89 | 362 | 963 | 171 | 195 | |
65/66B |
606 | 825 | 8,767 | 2,823 | 1,128 | 463 | 1,219 | 2,842 | 2,575 | 209 | 1,170 | 941 | 1,642 | 1,246 | 553 | 1,958 | 624 | 1,906 | 2,196 | 1,036 | |
65 |
606 | 825 | 8,767 | 2,823 | 1,128 | 463 | 1,219 | 2,842 | 2,575 | 209 | 1,170 | 941 | 1,642 | 1,246 | 553 | 1,958 | 624 | 1,906 | 2,196 | 1,036 | |
9903 |
-16,032 | -21,458 | -60,929 | 60,608 | 19,316 | 26,937 | 17,583 | 542 | 32,271 | 9,627 | -3,360 | 17,145 | -8,653 | 55,065 | 53,998 | 31,781 | 7,222 | 27,619 | 22,028 | 39,165 | |
67/77 |
165 | 133 | 134 | 20,272 | 5,732 | 5,952 | 3,942 | 500 | 4,830 | 2,000 | - | 4,000 | 37 | 12,048 | 10,021 | 5,303 | 722 | 4,611 | 10,163 | 2,675 | |
9904 |
-16,197 | -21,591 | -61,063 | 40,336 | 13,584 | 20,985 | 13,642 | 42 | 27,441 | 7,627 | -3,360 | 13,145 | -8,690 | 43,018 | 43,977 | 26,478 | 6,500 | 23,008 | 11,864 | 36,490 | |
9905 |
-16,197 | -21,591 | -61,063 | 40,336 | 13,584 | 20,985 | 13,642 | 42 | 27,441 | 7,627 | -3,360 | 13,145 | -8,690 | 43,018 | 43,977 | 26,478 | 6,500 | 23,008 | 11,864 | 36,490 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-15,854 | -20,657 | -60,066 | 40,997 | 13,661 | 25,076 | 15,092 | 11,450 | 32,408 | 8,966 | 1,339 | 8,700 | -4,446 | 46,644 | 46,026 | 29,450 | 8,972 | 74,472 | 51,464 | 52,600 | |
14P |
343 | 934 | 997 | 661 | 76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
8,000 | 21,000 | 61,000 | - | - | - | 25,000 | - | - | 10,000 | - | - | 24,000 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 40,000 | 13,000 | 20,000 | - | 10,000 | 15,000 | - | - | 4,000 | - | 25,000 | 15,000 | 15,000 | - | 60,000 | - | - | |
6921 |
- | - | - | 40,000 | 13,000 | 20,000 | - | 10,000 | 15,000 | - | - | 4,000 | - | 25,000 | 15,000 | 15,000 | - | 60,000 | - | - | |
694/7 |
- | - | - | - | - | 5,000 | 36,000 | - | 6,000 | 14,000 | - | - | 24,000 | 17,400 | 27,400 | 12,400 | 6,000 | 12,000 | - | 13,000 | |
694 |
- | - | - | - | - | - | 30,000 | - | - | 10,000 | - | - | 24,000 | 2,400 | 2,400 | 2,400 | - | - | - | - | |
695 |
- | - | - | - | - | 5,000 | 6,000 | - | 6,000 | 4,000 | - | - | - | 15,000 | 25,000 | 10,000 | 6,000 | 12,000 | - | 13,000 | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | 0.3 | - | - | 0.2 | - | - | - | - | - | - | 0.2 | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | 292 | - | - | 152 | - | - | - | - | - | - | 278 | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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 08-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 39 days after the deadline. Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511706.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-09-2026 | 2026-00511706 | |
| 31-12-2024 | full format | 10-10-2025 | 2025-00545618 | |
| 31-12-2023 | full format | 21-08-2024 | 2024-00384404 | |
| 31-12-2022 | full format | 29-08-2023 | 2023-00422002 | |
| 31-12-2021 | full format | 15-09-2022 | 2022-20429618 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-61700487 | |
| 31-12-2019 | full format | 26-08-2020 | 2020-45300548 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-32500025 | |
| 31-12-2017 | full format | 03-10-2018 | 2018-68600046 | |
| 31-12-2016 | full format | 16-08-2017 | 2017-44200342 | |
| 31-12-2015 | full format | 22-08-2016 | 2016-46200555 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-52900448 | |
| 31-12-2013 | full format | 21-08-2014 | 2014-46100432 | |
| 31-12-2012 | full format | 23-08-2013 | 2013-50800355 | |
| 31-12-2011 | full format | 30-08-2012 | 2012-53600411 | |
| 31-12-2010 | full format | 07-07-2011 | 2011-27900311 | |
| 31-12-2009 | full format | 30-08-2010 | 2010-49800174 | |
| 31-12-2008 | full format | 30-09-2009 | 2009-80200135 | |
| 31-12-2007 | full format | 29-08-2008 | 2008-70400023 | |
| 31-12-2006 | full format | 29-08-2007 | 2007-65500066 | |
| 31-12-2005 | full format | 31-07-2006 | 2006-57603209 | |
| 31-12-2004 | full format | 29-07-2005 | 2005-61304202 | |
| 31-12-2003 | full format | 24-06-2004 | 2004-31304200 | |
| 31-12-2002 | full format | 23-12-2003 | 2003-85204076 | |
| 31-12-2001 | full format | 28-11-2002 | 2002-74103429 | |
| 31-12-2000 | full format | 05-11-2001 | 2001-68104078 | |
| 31-12-1999 | full format | 25-04-2001 | 2001-10604926 | |
| 31-12-1998 | full format | 29-09-1999 | 1999-50004047 | |
| 31-12-1997 | full format | 05-10-1998 | 1998-51404626 | |
| 31-12-1996 | full format | 10-09-1997 | 1997-42704818 | |
| 31-12-1995 | full format | 30-10-1996 | 1996-49403467 | |
| 31-12-1994 | full format | 30-10-1996 | 1996-49403429 | |
| 31-12-1993 | full format | 15-09-1995 | 1995-49501592 | |
| 31-12-1992 | full format | 15-09-1995 | 1995-49501604 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13,608 | -17,513 | -47,121 | 67,446 | 22,079 | 26,323 | 16,781 | - | - | - | -3,631 | 20,273 | -4,210 | 64,511 | 67,700 | 37,811 | 11,496 | 29,432 | 24,932 | 38,927 | ||
| -13,207 | -17,648 | -55,672 | 44,351 | 16,203 | 21,535 | 14,192 | - | - | - | -3,163 | 18,184 | -3,503 | 48,204 | 52,758 | 30,639 | 10,513 | 23,878 | 12,744 | 36,911 | ||
| 0 | 4,950 | 6,000 | 0 | 12,046 | 0 | 1,100 | - | - | - | 0 | -130 | 0 | 906 | 19,363 | 593 | 10,000 | 660 | 2,298 | 570 | ||
| -21,111 | -54,872 | -80,778 | 76,690 | 5,161 | 19,642 | 6,741 | -15,468 | 14,957 | 9,625 | -22,106 | 24,920 | -63,316 | 42,974 | -3,434 | -1,962 | -21,706 | -2,796 | 14,136 | - | ||
| 76,559 | 89,765 | 112,248 | 173,920 | 129,569 | 125,413 | 108,878 | 131,786 | 133,374 | 110,303 | 116,676 | 119,838 | 105,590 | 137,035 | 99,129 | 93,133 | 75,835 | 88,974 | 77,757 | 67,310 | ||
| 94.2% | 84.6% | 79.0% | 81.1% | 90.3% | 91.4% | 72.4% | 91.2% | 87.3% | 87.2% | 95.8% | 85.9% | 69.4% | 78.6% | 69.0% | 70.4% | 62.1% | 65.6% | 56.4% | 48.4% | ||
| 16.47 | 6.10 | 4.58 | 5.16 | 9.67 | 11.61 | 3.60 | 11.29 | 8.60 | 7.81 | 24.03 | 7.06 | 3.44 | 5.58 | 2.93 | 3.27 | 2.50 | 3.51 | 2.64 | 2.20 | ||
| 16.47 | 5.89 | 4.58 | 5.16 | 9.67 | 11.61 | 3.60 | 11.29 | 8.60 | 7.81 | 24.03 | 7.06 | 3.44 | 5.58 | 2.93 | 3.27 | 2.50 | 3.51 | 2.64 | 2.20 | ||
| 0.06 | 0.18 | 0.27 | 0.23 | 0.11 | 0.09 | 0.38 | 0.10 | 0.15 | 0.15 | 0.04 | 0.16 | 0.44 | 0.27 | 0.45 | 0.42 | 0.61 | 0.52 | 0.77 | 1.06 | ||
| -20.1% | -22.3% | -51.6% | 22.5% | 9.8% | 16.7% | 12.5% | 0.0% | 20.8% | 6.9% | -2.9% | 10.9% | -8.1% | 30.8% | 38.5% | 27.2% | 7.8% | 27.7% | 16.5% | 60.8% | ||
| -18.9% | -18.9% | -40.8% | 18.2% | 8.8% | 15.3% | 9.0% | 0.0% | 18.2% | 6.0% | -2.8% | 9.4% | -5.6% | 24.2% | 26.6% | 19.1% | 4.8% | 18.2% | 9.3% | 29.4% | ||
| -22.47 | -21.24 | -5.37 | 23.89 | 19.58 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2022 |
|---|---|
| 0.2 | |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2022 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | €3,750 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,950 | €6,000 | - | €12,046 |
| €2,990 | €3,944 | €5,390 | €4,015 | €2,618 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BRAINSTARTING
The operating result for 2025 is a loss of €16,597, smaller than the loss of €21,457 in 2024.
Debt's share of the balance-sheet total falls from 15.4% to 5.8%. Equity and debt are lower.