BUILD DESIGN
Dissolved and wound upFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 26-02-2026 PDF all 13 filings
Amounts without an identifiable currency are taken as euros.
Equity
€38,325▼ 26.9%
2024 · €52,398
Total assets
€55,978▼ 28.4%
2024 · €78,167
Net result
-€14,073
2024 · €20,530
Working capital
€38,325▼ 26.9%
2024 · €52,398
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€15,589
2025
20182025
Net result
-€14,073
2025
20182025
Equity
€38,325
▼ 26.9%
2025
20182025
Total assets
€55,978
▼ 28.4%
2025
20182025
Debt
€17,653
▼ 31.5%
2025
20182025
Working capital
€38,325
▼ 26.9%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€1,378-€1,458▲ 5.8%€3,971▲ 172%€1,761▼ 55.7%€1,670▼ 5.2%€4,127▲ 147%€31,530▲ 664%-€15,589
Net result€608-€1,528▲ 151%€3,906▲ 156%€295▼ 92.4%€137▼ 53.6%€2,784▲ 20×€20,530▲ 637%-€14,073
Equity€23,217-€24,746▲ 6.6%€28,652▲ 15.8%€28,947▲ 1.0%€29,084▲ 0.5%€31,868▲ 9.6%€52,398▲ 64.4%€38,325▼ 26.9%
Total assets€51,170-€48,332▼ 5.5%€52,118▲ 7.8%€33,903▼ 34.9%€39,511▲ 16.5%€50,935▲ 28.9%€78,167▲ 53.5%€55,978▼ 28.4%
Debt€27,953-€23,586▼ 15.6%€23,466▼ 0.5%€4,956▼ 78.9%€10,426▲ 110%€19,067▲ 82.9%€25,769▲ 35.2%€17,653▼ 31.5%
Working capital€19,053-€22,652▲ 18.9%€27,565▲ 21.7%€25,793▼ 6.4%€25,419▼ 1.5%€29,176▲ 14.8%€52,398▲ 79.6%€38,325▼ 26.9%
The operating result for 2025 is a loss of €15,589, after a profit of €31,530 in 2024. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €55,978
Equity
€38,325 ▼ 26.9%
Debt
€17,653 ▼ 31.5%
Debt's share of the balance-sheet total falls from 33.0% to 31.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.17▲
2024 · 3.03
Debt to equity
0.46▼
2024 · 0.49
ROE
-36.7%▼
2024 · 39.2%
ROA
-25.1%▼
2024 · 26.3%
Debt ≤ 1 year
€17,653▼
2024 · €25,769
Income taxes
€119▼
2024 · €11,437
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,100 | €5,511 | - | - | - |
| Depreciation and write-downs of the year | €1,033 | €2,173 | €2,457 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,697 | €8,401 | €1,053 | €1,033 | €2,173 | €2,457 | - | - | - |
| Other operating charges640/8 | - | - | - | €449 | €450 | €651 | €1,768 | €520 | ▼ 70.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €4,035 | - | - |
| Gross operating margin9900 | €10,668 | €10,456 | €5,722 | €3,242 | €4,293 | €7,235 | €37,333 | -€15,069 | - |
| Operating profit (loss)9901 | €1,378 | €1,458 | €3,971 | €1,761 | €1,670 | €4,127 | €31,530 | -€15,589 | - |
| Financial income75/76B | - | - | - | €7 | €428 | €812 | €1,650 | €1,853 | ▲ 12.3% |
| Recurring financial income75 | €501 | €1,559 | €3,148 | €7 | €428 | €812 | €1,650 | €1,853 | ▲ 12.3% |
| Financial charges65/66B | - | - | - | €769 | €1,275 | €464 | €1,213 | €219 | ▼ 82.0% |
| Recurring financial charges65 | €1,118 | €1,078 | €1,267 | €769 | €1,275 | €464 | €1,213 | €219 | ▼ 82.0% |
| Profit (loss) for the period before taxes9903 | €762 | €1,938 | €5,852 | €999 | €823 | €4,474 | €31,967 | -€13,954 | - |
| Income taxes67/77 | €154 | €410 | €1,946 | €703 | €686 | €1,690 | €11,437 | €119 | ▼ 99.0% |
| Profit (loss) for the period9904 | €608 | €1,528 | €3,906 | €295 | €137 | €2,784 | €20,530 | -€14,073 | - |
| Profit (loss) for the period to be appropriated9905 | €608 | €1,528 | €3,906 | €295 | €137 | €2,784 | €20,530 | -€14,073 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €51,170 | €48,332 | €52,118 | €33,903 | €39,511 | €50,935 | €78,167 | €55,978 | ▼ 28.4% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €25,238 | €16,837 | €1,087 | €3,154 | €6,492 | €4,035 | - | - | - |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €25,238 | €16,837 | €1,087 | €3,154 | €6,492 | €4,035 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,708 | €2,088 | €1,468 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €4,404 | €2,567 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €446 | - | - | - | - | - |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €25,932 | €31,496 | €51,031 | €30,750 | €33,019 | €46,900 | €78,167 | €55,978 | ▼ 28.4% |
| Amounts receivable after more than one year29 | - | - | - | €22,000 | €22,000 | €42,000 | €42,000 | €42,000 | = |
| Trade receivables290 | - | - | - | €22,000 | €22,000 | €42,000 | €42,000 | €42,000 | = |
| Stocks and contracts in progress3 | €2,350 | €0 | €0 | €324 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €324 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €14,431 | €27,687 | €37,101 | €5,206 | €6,248 | €2,444 | €26,274 | €11,808 | ▼ 55.1% |
| Trade receivables40 | - | - | - | €4,425 | - | €1,640 | €240 | - | - |
| Other amounts receivable41 | - | - | - | €781 | €6,248 | €804 | €26,034 | €11,808 | ▼ 54.6% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €9,151 | €3,808 | €13,930 | €2,815 | €3,830 | €1,321 | €7,791 | €320 | ▼ 95.9% |
| Deferred charges and accrued income490/1 | - | - | - | €405 | €942 | €1,136 | €2,102 | €1,850 | ▼ 12.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €51,170 | €48,332 | €52,118 | €33,903 | €39,511 | €50,935 | €78,167 | €55,978 | ▼ 28.4% |
| Equity10/15 | €23,217 | €24,746 | €28,652 | €28,947 | €29,084 | €31,868 | €52,398 | €38,325 | ▼ 26.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €4,617 | €5,860 | €10,052 | €10,347 | €10,347 | €13,131 | €33,798 | €28,550 | ▼ 15.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €8,487 | €8,487 | €11,271 | €31,938 | €26,690 | ▼ 16.4% |
| Profit (loss) carried forward14 | €0 | €286 | €0 | - | €137 | €137 | - | -€8,825 | - |
| Amounts payable17/49 | €27,953 | €23,586 | €23,466 | €4,956 | €10,426 | €19,067 | €25,769 | €17,653 | ▼ 31.5% |
| Amounts payable after more than one year17 | €21,074 | €14,743 | - | - | €2,826 | €958 | - | - | - |
| Financial debts170/4 | - | - | - | - | €2,826 | €958 | - | - | - |
| Amounts payable within one year42/48 | €6,879 | €8,843 | €23,466 | €4,956 | €7,601 | €17,724 | €25,769 | €17,653 | ▼ 31.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1,805 | €1,868 | €958 | - | - |
| Trade debts44 | - | €549 | €20,055 | €1,165 | €186 | €852 | €926 | €6,098 | ▲ 558% |
| Suppliers440/4 | - | - | - | €1,165 | €186 | €852 | €926 | €6,098 | ▲ 558% |
| Taxes, remuneration and social security45 | - | - | - | €3,704 | €5,610 | €13,981 | €23,885 | €11,556 | ▼ 51.6% |
| Taxes450/3 | - | - | - | €3,704 | €5,610 | €13,981 | €23,885 | €11,556 | ▼ 51.6% |
| Other amounts payable47/48 | - | - | - | €87 | - | €1,023 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €384 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €608 | €1,528 | €3,906 | €295 | €137 | €2,784 | €20,530 | -€14,073 | - |
| + Depreciation and write-downs630 | €8,697 | €8,401 | €1,053 | €1,033 | €2,173 | €2,457 | - | - | - |
| Operating cash flow (approximation) | €9,305 | €9,930 | €4,959 | €1,328 | €2,311 | €5,241 | €20,530 | -€14,073 | - |
| Investment in fixed assets (approximation) | - | €0 | €14,697 | -€3,100 | -€5,511 | €0 | - | - | - |
| Change in cash | - | -€5,342 | €10,122 | -€11,115 | €1,015 | -€2,509 | €6,471 | -€7,471 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-02-2026 | 2026-00043799 | |
| 31-12-2024 | micro format | 27-05-2025 | 2025-00107389 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00147604 | |
| 31-12-2022 | micro format | 09-05-2023 | 2023-00083297 | |
| 31-12-2021 | micro format | 16-05-2022 | 2022-20027056 | |
| 31-12-2020 | micro format | 26-05-2021 | 2021-15100234 | |
| 31-12-2019 | micro format | 03-06-2020 | 2020-14100162 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-16900536 | |
| 31-12-2017 | micro format | 22-05-2018 | 2018-13500299 | |
| 31-12-2016 | abbreviated format | 08-06-2017 | 2017-16100551 |