CA
Annual accounts 2025
micro format, filed on 15-07-2026, 16 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €77,000 and €210,000.
Balance sheet
balance sheet total €104,508 on 31-12-2025in euro
in euro
Position in the sector
-62.4%
Higher than 13% of 18,509 companies in 2025.
0.36
Higher than 18% of 17,864 companies in 2025.
-60.7%
Higher than 6% of 17,961 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€43,088
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, 1 person joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
104,508 | 137,156 | 112,529 | 125,852 | |
20 |
101 | 395 | 688 | 982 | |
21/28 |
76,757 | 81,614 | 95,762 | 109,199 | |
22/27 |
72,424 | 78,014 | 92,162 | 105,599 | |
23 |
28,007 | 24,315 | 29,181 | 34,047 | |
24 |
956 | 2,301 | 3,646 | 4,281 | |
26 |
43,461 | 51,398 | 59,335 | 67,271 | |
28 |
4,333 | 3,600 | 3,600 | 3,600 | |
29/58 |
27,650 | 55,148 | 16,079 | 15,671 | |
3 |
5,000 | 5,000 | 5,000 | 2,500 | |
30/36 |
5,000 | 5,000 | 5,000 | 2,500 | |
40/41 |
20,589 | 3,536 | 2,496 | 4,643 | |
40 |
19,878 | 3,418 | 1,938 | 3,964 | |
41 |
711 | 118 | 558 | 679 | |
54/58 |
1,696 | 46,612 | 8,583 | 5,043 | |
490/1 |
365 | - | - | 3,484 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
104,508 | 137,156 | 112,529 | 125,852 | |
10/15 |
-65,253 | -1,848 | -5,311 | -15,330 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | |
14 |
-90,253 | -26,848 | -30,311 | -40,330 | |
17/49 |
169,760 | 139,004 | 117,839 | 141,182 | |
17 |
61,409 | 74,122 | 86,638 | 98,961 | |
170/4 |
61,409 | 74,122 | 86,638 | 98,961 | |
42/48 |
76,477 | 62,980 | 31,202 | 41,724 | |
42 |
12,713 | 12,516 | 12,323 | 12,132 | |
43 |
10 | - | - | - | |
430/8 |
10 | - | - | - | |
44 |
736 | 32,904 | 3,372 | 11,576 | |
440/4 |
736 | 32,904 | 3,372 | 11,576 | |
45 |
5,883 | 9,359 | 14,405 | 13,909 | |
450/3 |
5,592 | 5,894 | 5,749 | 6,879 | |
454/9 |
291 | 3,464 | 8,656 | 7,030 | |
47/48 |
57,135 | 8,201 | 1,101 | 4,107 | |
492/3 |
31,874 | 1,902 | - | 497 | |
| Income statement | |||||
9900 |
11,015 | 67,184 | 76,493 | 61,931 | |
62 |
30,162 | 43,735 | 48,192 | 75,479 | |
630 |
14,685 | 14,442 | 14,366 | 20,476 | |
640/8 |
646 | 2,167 | 382 | 936 | |
9901 |
-34,477 | 6,841 | 13,553 | -34,959 | |
75/76B |
2,492 | 9 | 52 | 72 | |
75 |
2,492 | 9 | 52 | 72 | |
65/66B |
31,278 | 3,387 | 3,585 | 5,443 | |
65 |
3,970 | 3,387 | 3,585 | 5,443 | |
66B |
27,308 | - | - | - | |
9903 |
-63,264 | 3,463 | 10,020 | -40,330 | |
67/77 |
141 | - | - | - | |
9904 |
-63,405 | 3,463 | 10,020 | -40,330 | |
9905 |
-63,405 | 3,463 | 10,020 | -40,330 | |
| Appropriation of the result | |||||
9906 |
-90,253 | -26,848 | -30,311 | -40,330 | |
14P |
-26,848 | -30,311 | -40,330 | - | |
| Social balance sheet | |||||
9087 |
0.7 | 3.8 | 3.8 | 3.7 | |
Hours worked1013 |
956 | 3,513 | 3,944 | 2,560 | |
| Document | |||||
The notes to these accounts have 8 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 15-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022, 1 entry, €1,080 awarded, €1,080 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -19,792 | 21,282 | 27,919 | -14,484 | ||
| -48,720 | 17,904 | 24,385 | -19,855 | ||
| 9,535 | 294 | 635 | 129,189 | ||
| -44,916 | 38,029 | 3,540 | - | ||
| -48,828 | -7,833 | -15,123 | -26,054 | ||
| -62.4% | -1.3% | -4.7% | -12.2% | ||
| 0.36 | 0.88 | 0.52 | 0.38 | ||
| 0.30 | 0.80 | 0.36 | 0.32 | ||
| -60.7% | 2.5% | 8.9% | -32.0% | ||
| -4.99 | 6.28 | 7.79 | -2.66 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 2 | 2 |
| full-time | - | 2 | 2 | 1 |
| part-time | - | - | - | 1 |
| in full-time equivalents | - | 2 | 2 | 2 |
| 0.7 | 3 | 3 | 2.8 | |
| On a permanent contract | - | 2 | 2 | 1 |
| Joined | 1 | - | 56 | 39 |
| Left | 2 | - | 56 | 39 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| - | - | - | €100,000 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €8,802 | - | €635 | €125,589 |
| Financial fixed assets | €733 | - | - | €3,600 |
| €14,685 | €14,442 | €14,366 | €20,476 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CA
The operating result for 2025 is a loss of €34,477, after a profit of €6,841 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€169,760) exceeds the balance-sheet total (€104,508).