BS3
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€134,587
▲ 65.2%
€125,311
▲ 70.2%
€131,927
▲ 67.8%
€95,351
▲ 68.6%
91.1%
▲ 1.1 percentage points
10.89
▲ 1.11
Money flows
no detail for 2025Balance sheet
balance sheet total €564,024 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
91.1%
Higher than 90% of 39,360 companies in 2025.
10.89
Higher than 90% of 38,044 companies in 2025.
15.7%
Higher than 52% of 38,516 companies in 2025.
BS3
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
564,024 | 533,276 | 476,113 | 413,265 | 338,513 | 268,302 | 308,044 | 391,331 | 359,956 | 290,164 | 212,980 | 226,626 | 105,535 | |
21/28 |
15,627 | 11,805 | 4,871 | 6,053 | 4,799 | 4,483 | 7,965 | 11,817 | 12,630 | 15,852 | 18,782 | 29,928 | 40,497 | |
21 |
- | - | - | - | 450 | 900 | 1,350 | 1,800 | 2,250 | 2,700 | 3,150 | 3,600 | 4,050 | |
22/27 |
15,627 | 11,805 | 4,871 | 6,053 | 4,349 | 3,583 | 6,615 | 10,017 | 10,380 | 13,152 | 15,632 | 26,328 | 36,447 | |
24 |
15,627 | 11,805 | 4,871 | 6,053 | 4,349 | 3,583 | 6,615 | 10,017 | 10,380 | 13,152 | 15,632 | 26,328 | 36,447 | |
29/58 |
548,397 | 521,471 | 471,242 | 407,212 | 333,714 | 263,819 | 300,079 | 379,514 | 347,326 | 274,312 | 194,198 | 196,698 | 65,038 | |
40/41 |
354,258 | 420,276 | 370,607 | 318,701 | 252,140 | 74,407 | 72,988 | 78,878 | 149,373 | 160,079 | 131,760 | 109,128 | 39,279 | |
40 |
15,791 | 31,581 | 27,995 | 31,630 | 17,700 | 3,700 | 3,700 | 22,006 | 10,454 | 19,463 | 26,720 | 21,302 | 28,857 | |
41 |
338,467 | 388,695 | 342,612 | 287,071 | 234,440 | 70,707 | 69,288 | 56,872 | 138,919 | 140,616 | 105,040 | 87,826 | 10,422 | |
50/53 |
15,204 | 15,204 | 15,204 | 15,204 | 15,204 | 15,204 | 22,258 | 30,810 | 30,810 | 30,810 | 11,805 | 11,805 | 11,805 | |
54/58 |
160,690 | 61,967 | 55,153 | 37,048 | 24,038 | 125,965 | 150,763 | 209,316 | 167,073 | 83,423 | 50,633 | 75,235 | 13,425 | |
490/1 |
18,245 | 24,024 | 30,278 | 36,259 | 42,332 | 48,243 | 54,070 | 60,510 | 70 | - | - | 530 | 529 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
564,024 | 533,276 | 476,113 | 413,265 | 338,513 | 268,302 | 308,044 | 391,331 | 359,956 | 290,164 | 212,980 | 226,626 | 105,535 | |
10/15 |
513,660 | 479,925 | 428,329 | 376,568 | 322,381 | 265,679 | 302,024 | 353,407 | 297,310 | 241,893 | 185,912 | 141,682 | 63,543 | |
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 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | |
13 |
251,860 | 256,860 | 206,860 | 156,860 | 106,860 | 56,860 | 56,860 | 56,860 | 51,860 | 51,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
250,000 | 255,000 | 205,000 | 155,000 | 105,000 | 55,000 | 55,000 | 55,000 | 50,000 | 50,000 | - | - | - | |
14 |
255,600 | 216,865 | 215,269 | 213,508 | 209,321 | 202,619 | 238,964 | 290,347 | 239,250 | 183,833 | 177,852 | 133,622 | 55,483 | |
17/49 |
50,364 | 53,351 | 47,784 | 36,697 | 16,132 | 2,623 | 6,020 | 37,924 | 62,646 | 48,271 | 27,068 | 84,944 | 41,992 | |
42/48 |
50,364 | 53,351 | 47,784 | 36,697 | 16,132 | 2,623 | 6,020 | 37,924 | 62,646 | 48,271 | 27,068 | 80,144 | 41,992 | |
44 |
- | 1,154 | 1,004 | 6,673 | 3,355 | 2,156 | 226 | 6,336 | 9,662 | 168 | 730 | 3,069 | - | |
440/4 |
- | 1,154 | 1,004 | 6,673 | 3,355 | 2,156 | 226 | 6,336 | 9,662 | 168 | 730 | 3,069 | - | |
45 |
50,364 | 52,197 | 46,780 | 30,024 | 12,777 | 467 | 5,794 | 31,588 | 52,984 | 48,103 | 26,338 | 77,075 | 41,992 | |
450/3 |
50,364 | 52,197 | 46,780 | 30,024 | 12,777 | 467 | 5,794 | 31,588 | 52,984 | 48,103 | 26,338 | 77,075 | 41,992 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | 4,800 | - | |
| Income statement | ||||||||||||||
70 |
- | 158,171 | 151,811 | 153,774 | 139,792 | 38,977 | 21,761 | 141,133 | 148,918 | 136,475 | 115,626 | 207,993 | 189,478 | |
9900 |
134,587 | 81,460 | 78,092 | 79,332 | 63,638 | -30,398 | -45,997 | 75,125 | 95,334 | 93,757 | 71,656 | 129,645 | 110,927 | |
60/61 |
74,428 | 76,711 | 73,719 | 74,442 | 76,154 | 69,375 | 67,758 | 66,008 | 53,584 | 42,718 | 43,970 | 78,348 | 78,551 | |
630 |
6,616 | 4,967 | 3,260 | 3,774 | 3,831 | 3,482 | 3,852 | 5,721 | 12,432 | 10,690 | 11,395 | 11,312 | 12,178 | |
640/8 |
2,660 | 2,855 | 1,685 | 2,252 | 2,601 | 3,871 | 1,287 | 1,678 | 1,837 | 1,183 | 1,059 | 1,141 | 7,496 | |
9901 |
125,311 | 73,638 | 73,147 | 73,306 | 57,206 | -37,751 | -51,136 | 67,726 | 81,065 | 81,884 | 59,202 | 117,192 | 91,253 | |
75/76B |
179 | 80 | - | 95 | 4,903 | 2,271 | 30 | 4,280 | 6,043 | 11,005 | 7,832 | 4,245 | - | |
75 |
179 | 80 | - | 95 | 4,903 | 2,271 | 30 | 4,280 | 6,043 | 11,005 | 7,832 | 4,245 | - | |
65/66B |
89 | 318 | 79 | 182 | 122 | 629 | 132 | 283 | 878 | 177 | 87 | 71 | 601 | |
65 |
89 | 318 | 79 | 182 | 122 | 629 | 132 | 283 | 878 | 177 | 87 | 71 | 601 | |
9903 |
125,401 | 73,400 | 73,068 | 73,219 | 61,987 | -36,109 | -51,238 | 71,723 | 86,230 | 92,712 | 66,947 | 121,366 | 90,652 | |
67/77 |
36,666 | 21,804 | 21,307 | 19,032 | 5,285 | 236 | 145 | 15,626 | 30,813 | 36,731 | 22,717 | 43,227 | 33,309 | |
9904 |
88,735 | 51,596 | 51,761 | 54,187 | 56,702 | -36,345 | -51,383 | 56,097 | 55,417 | 55,981 | 44,230 | 78,139 | 57,343 | |
9905 |
88,735 | 51,596 | 51,761 | 54,187 | 56,702 | -36,345 | -51,383 | 56,097 | 55,417 | 55,981 | 44,230 | 78,139 | 57,343 | |
| Appropriation of the result | ||||||||||||||
9906 |
305,600 | 266,865 | 265,269 | 263,508 | 259,321 | 202,619 | 238,964 | 295,347 | 239,250 | 233,833 | 177,852 | 133,622 | 57,343 | |
14P |
216,865 | 215,269 | 213,508 | 209,321 | 202,619 | - | - | - | - | - | - | - | - | |
791/2 |
55,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | 5,000 | - | 50,000 | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | 5,000 | - | 50,000 | - | - | - | |
694/7 |
55,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
55,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
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 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501267.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00501267 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00481445 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00449327 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00422482 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20424922 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65700529 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-59800151 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-62000149 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-43600005 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57200245 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57600331 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-57200136 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-57500524 |
Subsidies and aid
Flemish government 2025, 1 entry, €327 awarded, €327 paid
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 131,927 | 78,605 | 76,407 | 77,080 | 61,037 | -34,269 | -47,284 | 73,447 | 93,497 | 92,574 | 70,597 | 128,504 | 103,431 | ||
| 95,351 | 56,563 | 55,021 | 57,961 | 60,533 | -32,863 | -47,531 | 61,818 | 67,849 | 66,671 | 55,625 | 89,451 | 69,521 | ||
| 10,438 | 11,901 | 2,078 | 5,028 | 4,145 | 0 | 0 | 4,908 | 9,210 | 7,760 | 248 | 744 | 52,675 | ||
| 98,723 | 6,814 | 18,105 | 13,010 | -101,927 | -24,798 | -58,553 | 42,243 | 83,650 | 32,790 | -24,602 | 61,810 | - | ||
| 498,033 | 468,120 | 423,458 | 370,515 | 317,582 | 261,196 | 294,059 | 341,590 | 284,680 | 226,041 | 167,130 | 116,554 | 23,046 | ||
| - | 46.6% | 48.2% | 47.7% | 40.9% | -96.9% | - | 48.0% | 54.4% | 60.0% | 51.2% | 56.3% | 48.2% | ||
| 91.1% | 90.0% | 90.0% | 91.1% | 95.2% | 99.0% | 98.0% | 90.3% | 82.6% | 83.4% | 87.3% | 62.5% | 60.2% | ||
| 10.89 | 9.77 | 9.86 | 11.10 | 20.69 | - | 49.85 | 10.01 | 5.54 | 5.68 | 7.17 | 2.45 | 1.55 | ||
| 0.10 | 0.11 | 0.11 | 0.10 | 0.05 | 0.01 | 0.02 | 0.11 | 0.21 | 0.20 | 0.15 | 0.60 | 0.66 | ||
| 17.3% | 10.8% | 12.1% | 14.4% | 17.6% | -13.7% | -17.0% | 15.9% | 18.6% | 23.1% | 23.8% | 55.2% | 90.2% | ||
| 15.7% | 9.7% | 10.9% | 13.1% | 16.8% | -13.5% | -16.7% | 14.3% | 15.4% | 19.3% | 20.8% | 34.5% | 54.3% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | ||
| - | 73 days | 67 days | 75 days | 46 days | 35 days | 62 days | 57 days | 26 days | 52 days | 84 days | 37 days | 56 days | ||
| - | 5 days | 5 days | 33 days | 16 days | 11 days | 1 day | 35 days | 66 days | 1 day | 6 days | 14 days | - |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,438 | €11,901 | €2,078 | €5,028 | €4,145 |
| €6,616 | €4,967 | €3,260 | €3,774 | €3,831 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BS3
The operating result for 2025 is 70% higher than in 2024 and the highest since 2013. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 10.0% to 8.9%. Equity is higher and debt is lower.