C-VIEW
InactiveFinancials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,583▼ 1.6%
2024 · €17,862
Working capital
€43,211▲ 69.5%
2024 · €25,496
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €7,708 in 2025 against €7,309 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.008m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.7m
2025
Equity€1.7m
2025
Debt€0.02m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.04m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.07m-€0.07m▼ 10.4%€0.2m▲ 222%€0.06m▼ 71.8%-€0.01m-€0.007m▲ 34.6%-€0.008m▼ 5.5%
Net result€0.06m-€0.05m▼ 9.9%€0.2m▲ 217%€0.05m▼ 67.2%€0.02m▼ 63.0%€0.02m▼ 9.0%€0.02m▼ 1.6%
Equity€1.4m-€1.4m▲ 3.7%€1.6m▲ 11.3%€1.7m▲ 3.3%€1.7m▲ 1.2%€1.7m▲ 1.1%€1.7m▲ 1.0%
Total assets€1.5m-€1.5m▲ 3.8%€1.7m▲ 9.4%€1.7m▲ 3.3%€1.7m▲ 0.4%€1.7m▼ 1.1%€1.7m▲ 1.0%
Debt€0.08m-€0.08m▲ 6.6%€0.07m▼ 21.7%€0.07m▲ 3.9%€0.06m▼ 17.9%€0.02m▼ 65.7%€0.02m▼ 4.9%
Working capital€0.7m-€0.7m▲ 8.1%€0.9m▲ 21.8%€0.9m▲ 0.8%€0.008m▼ 99.2%€0.03m▲ 240%€0.04m▲ 69.5%
Staff (FTE)1-1=1=0.5▼ 50.0%
Why a figure moved sharply
- 2022 Net result -67% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.7m =
Current assets
€61,518 ▲ 37.5%
Equity and liabilities €1.7m
Equity
€1.7m ▲ 1.0%
Debt
€18,306 ▼ 4.9%
Debt's share of the balance-sheet total falls from 1.1% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€7,575▼
2024 · -€7,177
Cash flow
€17,715▼
2024 · €17,995
Current ratio
3.36▲
2024 · 2.32
Debt to equity
0.01▼
2024 · 0.01
ROE
1.0%▼
2024 · 1.1%
ROA
1.0%▼
2024 · 1.0%
Interest coverage
-57.76▼
2024 · -55.29
Debt ≤ 1 year
€18,306▼
2024 · €19,259
Income taxes
€6,401▼
2024 · €6,609
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €30 | - | - | - |
| Other operating income74 | - | - | - | - | €30 | - | - | - |
| Operating charges60/66A | - | - | - | - | €11,198 | €7,309 | €7,708 | ▲ 5.5% |
| Services and other goods61 | - | - | - | - | €10,915 | €6,209 | €6,205 | ▼ 0.1% |
| Remuneration, social security and pensions62 | - | - | €55,735 | €27,912 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,731 | €4,731 | €132 | €132 | €132 | €132 | €132 | = |
| Other operating charges640/8 | - | - | €980 | €212 | €150 | €968 | €1,371 | ▲ 41.7% |
| Gross operating margin9900 | €137,161 | €126,109 | €267,319 | €87,551 | - | - | - | - |
| Operating profit (loss)9901 | €72,918 | €65,321 | €210,473 | €59,295 | -€11,168 | -€7,309 | -€7,708 | ▼ 5.5% |
| Financial income75/76B | - | - | - | €13,748 | €40,624 | €31,910 | €31,823 | ▼ 0.3% |
| Recurring financial income75 | - | - | - | €13,748 | €40,624 | €31,910 | €31,823 | ▼ 0.3% |
| Income from financial fixed assets750 | - | - | - | - | €40,624 | €31,910 | €31,823 | ▼ 0.3% |
| Financial charges65/66B | - | - | €28 | €462 | €2,464 | €130 | €131 | ▲ 1.0% |
| Recurring financial charges65 | €276 | €140 | €28 | €462 | €2,464 | €130 | €131 | ▲ 1.0% |
| Debt charges650 | - | - | - | - | €2,304 | - | - | - |
| Other financial charges652/9 | - | - | - | - | €160 | €130 | €131 | ▲ 1.0% |
| Profit (loss) for the period before taxes9903 | €72,642 | €65,182 | €210,445 | €72,582 | €26,992 | €24,471 | €23,984 | ▼ 2.0% |
| Income taxes67/77 | €15,985 | €14,109 | €48,545 | €19,500 | €7,362 | €6,609 | €6,401 | ▼ 3.2% |
| Taxes670/3 | - | - | - | - | €7,362 | €6,668 | €6,401 | ▼ 4.0% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €60 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €56,657 | €51,072 | €161,900 | €53,082 | €19,631 | €17,862 | €17,583 | ▼ 1.6% |
| Profit (loss) for the period to be appropriated9905 | €56,657 | €51,072 | €161,900 | €53,082 | €19,631 | €17,862 | €17,583 | ▼ 1.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 1.0% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.7m | €0.7m | €1.7m | €1.7m | €1.7m | = |
| Tangible fixed assets22/27 | €0.006m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 16.7% |
| Land and buildings22 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 16.7% |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €0.7m | €1.7m | €1.7m | €1.7m | = |
| Affiliated companies280/1 | - | - | - | - | €1.7m | €1.7m | €1.7m | = |
| Participating interests280 | - | - | - | - | €0.7m | €0.7m | €0.7m | = |
| Amounts receivable281 | - | - | - | - | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €0.8m | €0.8m | €1.0m | €1.0m | €0.06m | €0.04m | €0.06m | ▲ 37.5% |
| Amounts receivable after more than one year29 | - | - | - | €0.9m | - | - | - | - |
| Other amounts receivable291 | - | - | - | €0.9m | - | - | - | - |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.1m | €0.01m | €0.002m | €0.003m | €0.005m | ▲ 37.9% |
| Trade receivables40 | - | - | €0.1m | - | - | - | - | - |
| Other amounts receivable41 | - | - | €8 | €0.01m | €0.002m | €0.003m | €0.005m | ▲ 37.9% |
| Cash at bank and in hand54/58 | €0.5m | €0.7m | €0.8m | €0.04m | €0.06m | €0.04m | €0.06m | ▲ 37.4% |
| Deferred charges and accrued income490/1 | - | - | €149 | €0.001m | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 1.0% |
| Equity10/15 | €1.4m | €1.4m | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 1.0% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Capital10 | - | - | €0.03m | - | - | - | - | - |
| Issued capital100 | - | - | €0.03m | - | - | - | - | - |
| Reserves13 | €1.0m | €1.4m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Non-distributable reserves130/1 | - | - | €0.003m | €0.003m | - | - | - | - |
| Legal reserve130 | - | - | €0.003m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | - | - | - | - |
| Distributable reserves133 | - | - | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Profit (loss) carried forward14 | €0.4m | - | - | €0.05m | €0.07m | €0.09m | €0.1m | ▲ 19.4% |
| Amounts payable17/49 | €0.08m | €0.08m | €0.07m | €0.07m | €0.06m | €0.02m | €0.02m | ▼ 4.9% |
| Amounts payable within one year42/48 | €0.08m | €0.08m | €0.07m | €0.07m | €0.06m | €0.02m | €0.02m | ▼ 4.9% |
| Trade debts44 | €0.002m | €0.002m | €0.003m | €0.003m | €200 | €210 | €276 | ▲ 31.4% |
| Suppliers440/4 | - | - | €0.003m | €0.003m | €200 | €210 | €276 | ▲ 31.4% |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.02m | €0.007m | €0.01m | €0.01m | ▼ 6.5% |
| Taxes450/3 | - | - | €0.01m | €0.02m | €0.007m | €0.01m | €0.01m | ▼ 6.5% |
| Remuneration and social security454/9 | - | - | €0.009m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €0.04m | €0.05m | €0.05m | €0.005m | €0.005m | ▼ 2.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,657 | €51,072 | €161,900 | €53,082 | €19,631 | €17,862 | €17,583 | ▼ 1.6% |
| + Depreciation and write-downs630 | €4,731 | €4,731 | €132 | €132 | €132 | €132 | €132 | = |
| Operating cash flow (approximation) | €61,388 | €55,803 | €162,032 | €53,214 | €19,763 | €17,995 | €17,715 | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€46,084 | -€925,000 | €0 | €0 | - |
| Change in cash | - | €152,059 | €151,275 | -€797,840 | €20,731 | -€20,143 | €15,472 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 10-07-2026 | 2026-00277105 |
| 31-12-2024 | full format | 11-07-2025 | 2025-00257282 |
| 31-12-2023 | full format | 28-06-2024 | 2024-00217743 |
| 30-09-2022 | abbreviated format | 30-06-2023 | 2023-00180610 |
| 30-09-2021 | micro format | 28-04-2022 | 2022-20010628 |
| 30-09-2020 | micro format | 29-04-2021 | 2021-11700162 |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11200106 |
| 30-09-2018 | micro format | 30-04-2019 | 2019-12400375 |
| 30-09-2017 | micro format | 30-03-2018 | 2018-09300249 |
| 30-09-2016 | abbreviated format | 22-03-2017 | 2017-07100003 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.