CABLE PRINT
InactiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 24-11-2025 PDF all 49 filings
Turnover
€280,277
2023 · €0
EBIT margin
59.6%▲ 696.5pp
2022 · -636.9%
Net result
€161,073▼ 75.2%
2025 · €650,487
Working capital
€7.6m▲ 2.2%
2025 · €7.4m
Multi-year overview
2019 to 2025, 6 financial yearsTurnover
no figure
2025
20192025
Operating result
-€3,966
2025
20192025
Net result
€161,073
2025
20192025
EBIT margin
no figure
2025
20192025
Equity
€7.6m
2025
20192025
Total assets
€7.6m
2025
20192025
Debt
€0
2025
20192025
Working capital
€7.6m
2025
20192025
Staff (FTE)
0
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920212022202320252025
Turnover€29.1m-€9.4m-€0.1m▼ 98.6%€0▼ 100%€0.3m-
Operating result€2.9m--€7.3m--€0.9m▲ 88.1%-€0.01m▲ 98.3%€0.2m--€0.004m-
Net result€2.4m--€7.5m--€0.9m▲ 87.6%€0.4m€0.7m-€0.2m-
EBIT margin10.0%--77.3%--636.9%▼ 559.6pp59.6%-
Equity€14.4m-€7.3m-€6.3m▼ 12.9%€6.8m▲ 6.8%€7.4m-€7.6m-
Total assets€19.3m-€13.7m-€9.7m▼ 29.0%€7.1m▼ 26.9%€7.5m-€7.6m-
Debt€4.9m-€5.3m-€1.3m▼ 75.1%€0.3m▼ 74.1%€0.04m-€0-
Working capital€13.5m-€7.9m-€8.4m▲ 6.8%€6.8m▼ 19.5%€7.4m-€7.6m-
Staff (FTE)49.4-34.3-13.8▼ 59.8%0▼ 100%0-
Several financial years end in the same calendar year, so there is no annual trend.
Key figures and ratios
Solvency
100.0%▲
2025 · 99.4%
Debt to equity
0.00▼
2025 · 0.01
ROE
2.1%▼
2025 · 8.8%
ROA
2.1%▼
2025 · 8.7%
Debt ≤ 1 year
€0▼
2025 · €41,605
Income taxes
€0▼
2025 · €10,565
Staff costs
€0▼
2025 · €10,861
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 20 | - |
| full-time | 17 | - |
| part-time | 3 | - |
| in full-time equivalents | 19 | - |
| Average over the year, in full-time equivalents | 34.3 | 13.8 |
| On a permanent contract | 20 | - |
| Joined | 9 | 0 |
| Left | 38 | 15 |
| Training hours | 56 | 4 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 31-03-2025 | 03-10-2025 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | €6,835 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Auditor
| Item | 2021 | 2022 | 2023 | 31-03-2025 | 03-10-2025 |
|---|---|---|---|---|---|
| Fee for the audit | €23,849 | €26,822 | €28,048 | €29,450 | - |
| Other work by the auditor | - | €35,750 | €10,725 | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 · 1 entry · €682 awarded · €682 paidSchemes
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | €9.6m | €5.5m | €0.1m | €0.3m | - | - |
| Turnover70 | €29.1m | €9.4m | €0.1m | €0 | €0.3m | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €0.1m | -€0.07m | €0 | -€0.3m | - | - |
| Other operating income74 | - | €0.07m | €3.4m | €0.1m | €0.2m | - | - |
| Non-recurring operating income76A | - | €0 | €2.0m | €0 | €0.1m | €0 | - |
| Operating charges60/66A | - | €16.8m | €6.4m | €0.1m | €0.1m | - | - |
| Goods for resale, raw materials and consumables60 | - | €7.4m | €0.6m | €0 | - | - | - |
| Purchases600/8 | - | €5.8m | €0.3m | €0 | - | - | - |
| Change in stocks: decrease (increase)609 | - | €1.5m | €0.3m | €0 | - | - | - |
| Services and other goods61 | - | €1.7m | €0.9m | €0.02m | €0.07m | - | - |
| Remuneration, social security and pensions62 | - | €6.2m | €3.7m | €2.1m | €0.01m | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.06m | €0 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0.2m | -€0.1m | €0.05m | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €1.2m | €0.9m | -€2.1m | €0 | - | - |
| Other operating charges640/8 | - | €0.02m | €0.04m | €0 | €0.04m | €0.02m | - |
| Non-recurring operating charges66A | - | €0.02m | €0.3m | €0.002m | €0 | - | - |
| Gross operating margin9900 | - | - | - | - | - | €0.02m | - |
| Operating profit (loss)9901 | €2.9m | -€7.3m | -€0.9m | -€0.01m | €0.2m | -€0.004m | - |
| Financial income75/76B | - | €0.03m | €0.01m | €0.4m | €0.5m | €0.2m | - |
| Recurring financial income75 | €0.05m | €0.03m | €0.01m | €0.4m | €0.5m | €0.2m | - |
| Income from financial fixed assets750 | - | €0 | - | - | - | - | - |
| Income from current assets751 | - | €0.006m | €0.01m | €0.4m | €0.5m | - | - |
| Other financial income752/9 | - | €0.03m | €0 | €0.001m | €0.002m | - | - |
| Financial charges65/66B | - | €0.03m | €0.02m | €0.003m | €0.005m | €0.001m | - |
| Recurring financial charges65 | €0.1m | €0.03m | €0.02m | €0.003m | €0.005m | €0.001m | - |
| Debt charges650 | €0.005m | €0.002m | €0.004m | €0.002m | €0.002m | - | - |
| Other financial charges652/9 | - | €0.02m | €0.02m | €0.001m | €0.003m | - | - |
| Profit (loss) for the period before taxes9903 | €2.8m | -€7.3m | -€0.9m | €0.4m | €0.7m | €0.2m | - |
| Income taxes67/77 | €0.4m | €0.3m | €0.06m | -€0.07m | €0.01m | €0 | - |
| Taxes670/3 | - | €0.3m | €0.06m | €0.1m | €0.01m | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €0.02m | €0.007m | €0.2m | €0 | - | - |
| Profit (loss) for the period9904 | €2.4m | -€7.5m | -€0.9m | €0.4m | €0.7m | €0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €2.4m | -€7.5m | -€0.9m | €0.4m | €0.7m | €0.2m | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €19.3m | €13.7m | €9.7m | €7.1m | €7.5m | €7.6m | - |
| Fixed assets21/28 | €0.9m | €0.6m | €0.005m | €0 | - | - | - |
| Tangible fixed assets22/27 | €0.9m | €0.6m | €0 | - | - | - | - |
| Land and buildings22 | - | €0.5m | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €0.009m | €0 | - | - | - | - |
| Furniture and vehicles24 | - | €0.007m | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €223 | €223 | €0.005m | €0 | - | - | - |
| Other financial fixed assets284/8 | - | €223 | €0.005m | €0 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €223 | €0.005m | €0 | - | - | - |
| Current assets29/58 | €18.4m | €13.1m | €9.7m | €7.1m | €7.5m | €7.6m | - |
| Stocks and contracts in progress3 | €1.6m | €0.4m | €0.3m | €0.3m | €0 | - | - |
| Stocks30/36 | - | €0.09m | €0 | - | - | - | - |
| Raw materials and consumables30/31 | - | €0 | - | - | - | - | - |
| Work in progress32 | - | €0.09m | €0 | - | - | - | - |
| Finished goods33 | - | €0 | - | - | - | - | - |
| Goods purchased for resale34 | - | €0 | - | - | - | - | - |
| Contracts in progress37 | - | €0.3m | €0.3m | €0.3m | €0 | - | - |
| Amounts receivable within one year40/41 | €1.4m | €3.2m | €2.7m | €0.4m | €0.005m | €0.002m | - |
| Trade receivables40 | - | €2.9m | €2.4m | €0 | - | - | - |
| Other amounts receivable41 | - | €0.3m | €0.3m | €0.4m | €0.005m | €0.002m | - |
| Current investments50/53 | - | €9.5m | €6.7m | €6.5m | €7.4m | €7.6m | - |
| Other investments51/53 | - | €9.5m | €6.7m | €6.5m | €7.4m | - | - |
| Cash at bank and in hand54/58 | €15.3m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | - |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €19.3m | €13.7m | €9.7m | €7.1m | €7.5m | €7.6m | - |
| Equity10/15 | €14.4m | €7.3m | €6.3m | €6.8m | €7.4m | €7.6m | - |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | - |
| Reserves13 | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | - |
| Non-distributable reserves130/1 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Reserves not available under the articles1311 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Tax-exempt reserves132 | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | - |
| Distributable reserves133 | - | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | - |
| Profit (loss) carried forward14 | €10.0m | €2.8m | €1.9m | €2.3m | €3.0m | €3.1m | - |
| Provisions and deferred taxes16 | - | €1.2m | €2.1m | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €1.2m | €2.1m | €0 | - | - | - |
| Other liabilities and charges164/5 | - | €1.2m | €2.1m | €0 | - | - | - |
| Amounts payable17/49 | €4.9m | €5.3m | €1.3m | €0.3m | €0.04m | €0 | - |
| Amounts payable within one year42/48 | €4.9m | €5.3m | €1.3m | €0.3m | €0.04m | €0 | - |
| Trade debts44 | €3.4m | €3.1m | €0.7m | €0.3m | €0.04m | €0 | - |
| Suppliers440/4 | - | €3.1m | €0.7m | €0.3m | €0.04m | €0 | - |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | €2.2m | €0.7m | €0.007m | €0 | - | - |
| Taxes450/3 | - | €0.9m | €0.4m | €0.007m | €0 | - | - |
| Remuneration and social security454/9 | - | €1.3m | €0.2m | €0 | - | - | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.4m | -€7.5m | -€0.9m | €0.4m | €0.7m | €0.2m | - |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.06m | €0 | - | - | - |
| Operating cash flow (approximation) | €2.7m | -€7.4m | -€0.9m | €0.4m | €0.7m | €0.2m | - |
| Investment in fixed assets (approximation) | - | - | €0.5m | €0.005m | - | - | - |
| Change in cash | - | - | -€175 | €0.001m | - | - | - |
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 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 03-10-2025 | abbreviated format | 24-11-2025 | 2025-00570487 | |
| 31-03-2025 | full format | 06-08-2025 | 2025-00361448 | |
| 31-12-2023 | full format | 05-09-2024 | 2024-00452786 | |
| 31-12-2022 | full format | 30-04-2024 | 2024-00082064 | |
| 31-12-2021 | full format | 26-12-2023 | 2024-00541177 | |
| 31-12-2020 | full format | 29-12-2022 | 2023-20556436 | |
| 31-12-2019 | full format | 16-11-2020 | 2020-71200232 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-31600484 | |
| 31-12-2017 | full format | 09-07-2018 | 2018-29800558 | |
| 31-12-2016 | full format | 08-08-2017 | 2017-43000427 |