C & E
Annual accounts 2025
micro format, filed on 25-06-2026, 36 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €172,871 on 31-12-2025in euro
Position in the sector
-94.7%
Higher than 8% of 3,639 companies in 2025.
0.73
Higher than 22% of 3,503 companies in 2025.
5.2%
Higher than 49% of 3,530 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
172,871 | 175,312 | 180,531 | 174,815 | 296,921 | 260,736 | 287,352 | 263,148 | 37,400 | 19,950 | 32,979 | 34,850 | 42,297 | 72,187 | 107,801 | 104,316 | 103,582 | 98,564 | |
21/28 |
5,427 | 10,069 | 17,364 | 29,436 | 127,173 | 85,384 | 73,466 | 32,455 | 4,904 | - | 310 | 930 | 8,378 | 17,050 | 26,164 | 30,732 | 26,467 | 33,961 | |
21 |
- | - | - | - | 980 | 1,470 | 1,960 | - | - | - | - | - | - | - | - | 210 | 630 | 1,050 | |
22/27 |
5,427 | 10,069 | 17,364 | 29,436 | 122,523 | 83,914 | 71,506 | 32,455 | 4,904 | - | 310 | 930 | 8,378 | 17,050 | 26,164 | 30,522 | 25,837 | 32,911 | |
23 |
583 | 3,208 | 6,465 | 9,722 | 7,907 | 9,305 | 10,703 | 12,100 | 4,304 | - | 310 | 930 | 2,495 | 4,060 | 6,032 | 8,624 | 7,219 | 9,590 | |
24 |
- | 49 | 2,119 | 8,965 | 99,746 | 66,240 | 58,106 | 20,355 | 600 | - | - | - | 5,883 | 12,991 | 20,132 | 21,898 | 18,618 | 23,321 | |
26 |
4,844 | 6,813 | 8,781 | 10,749 | 14,869 | 8,369 | 2,697 | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | 3,671 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
167,443 | 165,243 | 163,167 | 145,379 | 169,748 | 175,352 | 213,886 | 230,693 | 32,496 | 19,950 | 32,669 | 33,919 | 33,919 | 55,137 | 81,637 | 73,584 | 77,115 | 64,603 | |
3 |
114,694 | 113,172 | 126,197 | 113,323 | 133,060 | 60,138 | 74,631 | 22,410 | 7,750 | 15,750 | 32,669 | 32,669 | 32,669 | 52,990 | 52,990 | 40,040 | 40,736 | 40,924 | |
30/36 |
114,694 | 113,172 | 126,197 | 113,323 | 133,060 | 60,138 | 74,631 | 22,410 | 7,750 | 15,750 | 32,669 | 32,669 | 32,669 | 52,990 | 52,990 | 40,040 | 40,736 | 40,924 | |
40/41 |
52,426 | 51,504 | 32,884 | 31,689 | 23,170 | 5,410 | 29,322 | 48,326 | 8,450 | 4,200 | - | 1,250 | 1,250 | 2,147 | 28,647 | 31,794 | 32,529 | 18,729 | |
40 |
33,525 | 32,604 | 13,603 | 12,027 | 23,150 | 4,500 | 27,662 | 48,217 | 8,450 | 4,200 | - | - | - | 897 | 27,397 | 30,624 | 32,529 | 14,641 | |
41 |
18,901 | 18,900 | 19,281 | 19,662 | 20 | 910 | 1,660 | 109 | - | - | - | 1,250 | 1,250 | 1,250 | 1,250 | 1,169 | - | 4,089 | |
54/58 |
- | - | - | - | 11,218 | 105,204 | 104,333 | 159,956 | 15,796 | - | - | - | - | - | - | - | - | - | |
490/1 |
323 | 567 | 4,086 | 367 | 2,300 | 4,600 | 5,600 | - | 500 | - | - | - | - | - | - | 1,750 | 3,850 | 4,950 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
172,871 | 175,312 | 180,531 | 174,815 | 296,921 | 260,736 | 287,352 | 263,148 | 37,400 | 19,950 | 32,979 | 34,850 | 42,297 | 72,187 | 107,801 | 104,316 | 103,582 | 98,564 | |
10/15 |
-163,694 | -172,760 | -177,603 | -170,161 | 13,863 | 19,326 | 27,255 | -2,602 | -53,023 | -88,403 | -102,534 | -98,042 | -85,439 | -57,184 | -45,285 | -13,650 | 2,442 | 8,069 | |
10/11 |
48,600 | 48,600 | 48,600 | 48,600 | 48,600 | 48,600 | 48,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | 48,600 | 48,600 | 48,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
2,423 | 2,423 | 2,423 | 2,423 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | 4,773 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | 2,350 | |
133 |
563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | 563 | |
14 |
-214,716 | -223,782 | -228,626 | -221,183 | -39,509 | -34,047 | -26,118 | -25,974 | -76,395 | -111,775 | -125,907 | -121,415 | -108,812 | -80,557 | -68,658 | -37,022 | -20,930 | -15,304 | |
17/49 |
336,564 | 348,071 | 358,135 | 344,976 | 283,058 | 241,410 | 260,097 | 265,749 | 90,423 | 108,353 | 135,514 | 132,892 | 127,736 | 129,371 | 153,086 | 117,966 | 101,140 | 90,496 | |
17 |
108,000 | 108,000 | 109,590 | 117,984 | 95,467 | 67,500 | 67,500 | 87,500 | 82,500 | 82,500 | 80,000 | 75,000 | 65,000 | 56,635 | 36,635 | 22,497 | 34,443 | 58,146 | |
170/4 |
- | - | 1,590 | 9,984 | 15,467 | - | - | - | - | - | - | - | - | 6,635 | 6,635 | 9,997 | 16,943 | 23,146 | |
178/9 |
108,000 | 108,000 | 108,000 | 108,000 | 80,000 | 67,500 | 67,500 | 87,500 | 82,500 | 82,500 | 80,000 | 75,000 | 65,000 | 50,000 | 30,000 | 12,500 | 17,500 | 35,000 | |
42/48 |
228,564 | 239,591 | 248,077 | 226,991 | 187,125 | 173,910 | 192,026 | 177,694 | 7,923 | 25,853 | 52,514 | 53,092 | 62,736 | 72,736 | 116,451 | 95,469 | 66,697 | 32,349 | |
42 |
- | 1,836 | 8,395 | 11,910 | 3,890 | - | - | - | - | - | - | - | 7,119 | 7,130 | 7,130 | 6,946 | 6,508 | 8,405 | |
43 |
160,878 | 162,522 | 163,084 | 162,872 | 162,483 | 162,497 | 162,438 | 162,363 | - | 9,209 | 48,000 | 48,000 | 48,000 | 44,752 | 46,643 | 48,016 | 42,080 | 12,498 | |
430/8 |
160,878 | 162,522 | 163,084 | 162,872 | 162,483 | 162,497 | 162,438 | 162,363 | - | 9,209 | 48,000 | 48,000 | 48,000 | 44,752 | 46,643 | 48,016 | 42,080 | 12,498 | |
44 |
1,210 | 4,544 | 5,336 | 4,386 | 14,331 | 7,737 | 28,533 | 10,949 | 2,657 | 9,304 | - | - | - | 14,778 | 13,700 | 13,483 | 16,294 | 7,734 | |
440/4 |
1,210 | 4,544 | 5,336 | 4,386 | 14,331 | 7,737 | 28,533 | 10,949 | 2,657 | 9,304 | - | - | - | 14,778 | 13,700 | 13,483 | 16,294 | 7,734 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 45,000 | 23,671 | - | - | |
45 |
3,528 | 6,910 | 29,098 | 32,538 | 5,013 | 3,466 | 724 | 2,038 | 1,708 | 2,084 | 583 | 1,833 | 1,833 | 1,833 | 1,791 | 1,587 | 1,330 | 182 | |
450/3 |
3,528 | 6,910 | 29,098 | 32,538 | 5,013 | 3,466 | 724 | 2,038 | 1,708 | 2,084 | 583 | 1,833 | 1,833 | 1,833 | 1,791 | 1,587 | 1,330 | 182 | |
47/48 |
62,948 | 63,778 | 42,164 | 15,285 | 1,408 | 209 | 331 | 2,345 | 3,558 | 5,256 | 3,931 | 3,260 | 5,785 | 4,244 | 2,187 | 1,766 | 486 | 3,531 | |
492/3 |
- | 480 | 468 | - | 466 | - | 571 | 555 | - | - | 3,000 | 4,800 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||
70 |
- | - | 53,549 | 52,977 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | 4,947 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
19,214 | 18,766 | 32,388 | 14,626 | 32,357 | 20,610 | 23,835 | 66,709 | 38,301 | 17,067 | -426 | - | - | 114 | -14,569 | 576 | 8,422 | -4,063 | |
60/61 |
- | - | 21,161 | 38,351 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
4,642 | 7,295 | 12,072 | 12,168 | 20,091 | 16,538 | 11,849 | 6,586 | 678 | 310 | 620 | 7,447 | 8,672 | 9,114 | 10,442 | 10,279 | 7,494 | 7,513 | |
631/4 |
- | - | - | - | 200 | 450 | - | 750 | - | - | - | - | 16,335 | - | - | - | - | - | |
640/8 |
1,013 | 3,401 | 2,532 | 1,612 | 9,809 | 5,103 | 3,582 | 1,726 | 1,328 | 589 | 446 | - | - | - | 384 | 1,157 | 682 | 579 | |
66A |
8,956 | 4,250 | - | 48,152 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
4,602 | 3,820 | 17,783 | -47,307 | 2,257 | -1,480 | 8,403 | 57,647 | 36,295 | 16,168 | -1,492 | -7,447 | -25,007 | -9,000 | -25,394 | -10,860 | 246 | -12,155 | |
75/76B |
19,000 | 18,075 | - | - | 457 | 0 | 230 | - | - | - | - | - | - | - | - | - | - | 4 | |
75 |
0 | 75 | - | - | 457 | 0 | 230 | - | - | - | - | - | - | - | - | - | - | 4 | |
76B |
19,000 | 18,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
14,537 | 16,980 | 10,445 | 10,575 | 7,841 | 6,149 | 8,763 | 7,226 | 915 | 2,037 | 3,000 | 5,156 | 3,248 | 2,899 | 6,242 | 5,231 | 5,873 | 3,153 | |
65 |
14,537 | 16,980 | 10,445 | 10,575 | 7,841 | 6,149 | 8,763 | 7,226 | 915 | 2,037 | 3,000 | 5,156 | 3,248 | 2,899 | 6,242 | 5,231 | 5,873 | 3,153 | |
9903 |
9,066 | 4,915 | 7,338 | -57,882 | -5,128 | -7,629 | -130 | 50,421 | 35,380 | 14,132 | -4,492 | -12,603 | -28,255 | -11,899 | -31,635 | -16,092 | -5,626 | -15,304 | |
67/77 |
- | 71 | 14,781 | 11,848 | 335 | 300 | 14 | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
9,066 | 4,844 | -7,443 | -69,730 | -5,463 | -7,929 | -143 | 50,421 | 35,380 | 14,132 | -4,492 | -12,603 | -28,255 | -11,899 | -31,635 | -16,092 | -5,626 | -15,304 | |
9905 |
9,066 | 4,844 | -7,443 | -69,730 | -5,463 | -7,929 | -143 | 50,421 | 35,380 | 14,132 | -4,492 | -12,603 | -28,255 | -11,899 | -31,635 | -16,092 | -5,626 | -15,304 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-214,716 | -223,782 | -228,626 | -221,183 | -39,509 | -34,047 | -26,118 | -25,974 | -76,395 | -111,775 | -125,907 | -121,415 | -108,812 | -80,557 | -68,658 | -37,022 | -20,930 | -15,304 | |
14P |
-223,782 | -228,626 | -221,183 | -151,453 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 10 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 25-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00196637 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00435914 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00268205 | |
| 31-12-2022 | micro format | 08-11-2023 | 2023-00508217 | |
| 31-12-2019 | micro format | 09-11-2020 | 2020-69600584 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-55800360 | |
| 31-12-2017 | micro format | 27-07-2018 | 2018-40500173 | |
| 31-12-2016 | micro format | 26-06-2017 | 2017-22200289 | |
| 31-12-2015 | abbreviated format | 27-08-2016 | 2016-50100592 | |
| 31-12-2014 | abbreviated format | 25-09-2015 | 2015-60700377 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-55500081 | |
| 31-12-2012 | abbreviated format | 19-09-2013 | 2013-59000205 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-53800474 | |
| 31-12-2010 | abbreviated format | 28-10-2011 | 2011-59500179 | |
| 31-12-2009 | abbreviated format | 30-09-2010 | 2010-56700151 | |
| 31-12-2008 | abbreviated format | 25-11-2009 | 2009-86000125 | |
| 31-12-2007 | abbreviated format | 25-09-2008 | 2008-75800140 | |
| 31-12-2006 | abbreviated format | 28-09-2007 | 2007-75500223 | |
| 31-12-2005 | abbreviated format | 19-10-2006 | 2006-84303532 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,244 | 11,115 | 29,856 | -35,139 | 22,348 | 15,058 | 20,253 | 64,233 | 36,973 | 16,478 | -872 | 0 | -16,335 | 114 | -14,952 | -581 | 7,741 | -4,642 | ||
| 13,707 | 12,139 | 4,629 | -57,561 | 14,628 | 8,609 | 11,706 | 57,007 | 36,058 | 14,442 | -3,872 | -5,156 | -19,582 | -2,785 | -21,194 | -5,813 | 1,868 | -7,792 | ||
| 8,956 | 0 | 0 | 1,269 | 61,881 | 28,457 | 52,860 | 34,137 | 5,582 | 0 | 0 | 0 | 0 | 0 | 5,873 | 14,545 | 0 | 28,771 | ||
| - | - | - | - | -93,987 | 871 | -55,623 | 144,160 | - | - | - | - | - | - | - | - | - | - | ||
| -61,121 | -74,348 | -84,909 | -81,612 | -17,377 | 1,442 | 21,860 | 52,998 | 24,574 | -5,903 | -19,844 | -19,173 | -28,817 | -17,599 | -34,814 | -21,885 | 10,418 | 32,254 | ||
| - | - | 33.2% | -89.3% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| -94.7% | -98.5% | -98.4% | -97.3% | 4.7% | 7.4% | 9.5% | -1.0% | -141.8% | -443.1% | -310.9% | -281.3% | -202.0% | -79.2% | -42.0% | -13.1% | 2.4% | 8.2% | ||
| 0.73 | 0.69 | 0.66 | 0.64 | 0.91 | 1.01 | 1.11 | 1.30 | 4.10 | 0.77 | 0.62 | 0.64 | 0.54 | 0.76 | 0.70 | 0.77 | 1.16 | 2.00 | ||
| 0.23 | 0.22 | 0.15 | 0.14 | 0.20 | 0.66 | 0.73 | 1.17 | 3.12 | 0.16 | 0.00 | 0.02 | 0.02 | 0.03 | 0.25 | 0.35 | 0.55 | 0.73 | ||
| - | - | - | - | 20.42 | 12.49 | 9.54 | - | - | - | - | - | - | - | - | - | 41.41 | 11.22 | ||
| - | - | - | - | -39.4% | -41.0% | -0.5% | - | - | - | - | - | - | - | - | - | -230.4% | -189.7% | ||
| 5.2% | 2.8% | -4.1% | -39.9% | -1.8% | -3.0% | 0.0% | 19.2% | 94.6% | 70.8% | -13.6% | -36.2% | -66.8% | -16.5% | -29.3% | -15.4% | -5.4% | -15.5% | ||
| 0.64 | 0.65 | 2.86 | -3.32 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 93 days | 83 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 92 days | 42 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 |
|---|---|---|---|---|
| Tangible fixed assets | €8,956 | - | - | €1,269 |
| €4,642 | €7,295 | €12,072 | €12,168 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on C & E
The operating result for 2025 is 20% higher than in 2024. It is a recovery after the fall in 2024.
Equity is negative. Debt (€336,564) exceeds the balance-sheet total (€172,871).