CFC
InactiveFinancials · financial year 2025, abbreviated format
Equity
€23,245▼ 32.4%
2024 · €34,385
Total assets
€23,245▼ 35.2%
2024 · €35,850
Net result
-€11,140▲ 26.7%
2024 · -€15,190
Working capital
€29,915▼ 32.0%
2023 · €44,017
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €5,578 in 2025 against €15,659 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€5,578
2025
Net result-€11,140
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€23,245
2025
Equity€23,245
2025
Debt€1,465
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€29,915
2024
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€17,711-€21,318▲ 20.4%€30,271▲ 42.0%€20,175▼ 33.4%€39,096▲ 93.8%-€15,659-€5,578▲ 64.4%
Net result€14,887-€13,273▼ 10.8%€20,153▲ 51.8%€13,695▼ 32.0%€29,575▲ 116%-€15,190-€11,140▲ 26.7%
Equity€26,271-€39,544▲ 50.5%€59,698▲ 51.0%€73,393▲ 22.9%€49,575▼ 32.5%€34,385▼ 30.6%€23,245▼ 32.4%
Total assets€35,539-€49,101▲ 38.2%€70,683▲ 44.0%€74,185▲ 5.0%€53,314▼ 28.1%€35,850▼ 32.8%€23,245▼ 35.2%
Debt€9,268-€9,557▲ 3.1%€10,985▲ 14.9%€792▼ 92.8%€3,739▲ 372%€1,465▼ 60.8%
Working capital€13,015-€30,652▲ 136%€54,766▲ 78.7%€72,367▲ 32.1%€44,017▼ 39.2%€29,915▼ 32.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Solvency
100.0%▲
2024 · 95.9%
ROE
-47.9%▼
2024 · -44.2%
ROA
-47.9%▼
2024 · -42.4%
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 |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,961 | €3,961 | €3,961 | €3,961 | €2,150 | - | - | - |
| Other operating charges640/8 | - | - | - | €400 | €498 | €758 | €620 | ▼ 18.2% |
| Gross operating margin9900 | €22,183 | €25,846 | €34,672 | €24,536 | €41,744 | -€14,902 | -€4,959 | ▲ 66.7% |
| Operating profit (loss)9901 | €17,711 | €21,318 | €30,271 | €20,175 | €39,096 | -€15,659 | -€5,578 | ▲ 64.4% |
| Financial income75/76B | - | - | - | - | €216 | €481 | - | - |
| Recurring financial income75 | €5 | €5 | - | - | €216 | €481 | - | - |
| Financial charges65/66B | - | - | - | €43 | €162 | €60 | €5,561 | ▲ 93× |
| Recurring financial charges65 | €49 | - | €41 | €43 | €162 | €60 | €4 | ▼ 93.5% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €5,557 | - |
| Profit (loss) for the period before taxes9903 | €17,668 | €21,322 | €30,230 | €20,132 | €39,150 | -€15,238 | -€11,140 | ▲ 26.9% |
| Income taxes67/77 | €2,780 | €8,049 | €10,077 | €6,437 | €9,575 | -€48 | - | - |
| Profit (loss) for the period9904 | €14,887 | €13,273 | €20,153 | €13,695 | €29,575 | -€15,190 | -€11,140 | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | €14,887 | €13,273 | €20,153 | €13,695 | €29,575 | -€15,190 | -€11,140 | ▲ 26.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €35,539 | €49,101 | €70,683 | €74,185 | €53,314 | €35,850 | €23,245 | ▼ 35.2% |
| Fixed assets21/28 | €13,256 | €9,295 | €5,334 | €1,373 | €5,557 | €5,557 | - | - |
| Tangible fixed assets22/27 | €13,256 | €9,295 | €5,334 | €1,373 | €5,557 | €5,557 | - | - |
| Land and buildings22 | - | - | - | €1,373 | €5,557 | €5,557 | - | - |
| Current assets29/58 | €22,283 | €39,806 | €65,349 | €72,812 | €47,756 | €30,292 | €23,245 | ▼ 23.3% |
| Amounts receivable within one year40/41 | €9,077 | €13,109 | €9,669 | €1,134 | €10,444 | €770 | €1,412 | ▲ 83.5% |
| Trade receivables40 | - | - | - | €71 | €10,444 | - | - | - |
| Other amounts receivable41 | - | - | - | €1,063 | - | €770 | €1,412 | ▲ 83.5% |
| Cash at bank and in hand54/58 | €13,207 | €26,697 | €55,679 | €71,678 | €37,312 | €29,523 | €21,833 | ▼ 26.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €35,539 | €49,101 | €70,683 | €74,185 | €53,314 | €35,850 | €23,245 | ▼ 35.2% |
| Equity10/15 | €26,271 | €39,544 | €59,698 | €73,393 | €49,575 | €34,385 | €23,245 | ▼ 32.4% |
| Contributions10/11 | €20,000 | - | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | €13,273 | €33,427 | €47,122 | €29,575 | €14,385 | €14,385 | = |
| Distributable reserves133 | - | - | - | €47,122 | €29,575 | €14,385 | €14,385 | = |
| Profit (loss) carried forward14 | €6,271 | €6,271 | €6,271 | €6,271 | - | - | -€11,140 | - |
| Amounts payable17/49 | €9,268 | €9,557 | €10,985 | €792 | €3,739 | €1,465 | - | - |
| Amounts payable within one year42/48 | €9,268 | €9,154 | €10,583 | €445 | €3,739 | €377 | - | - |
| Trade debts44 | €81 | - | €62 | - | €341 | €48 | - | - |
| Suppliers440/4 | - | - | - | - | €341 | €48 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €445 | €3,398 | - | - | - |
| Taxes450/3 | - | - | - | €445 | €3,398 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €329 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €348 | - | €1,088 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,887 | €13,273 | €20,153 | €13,695 | €29,575 | -€15,190 | -€11,140 | ▲ 26.7% |
| + Depreciation and write-downs630 | €3,961 | €3,961 | €3,961 | €3,961 | €2,150 | - | - | - |
| Operating cash flow (approximation) | €18,848 | €17,234 | €24,114 | €17,656 | €31,725 | -€15,190 | -€11,140 | ▲ 26.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€6,334 | €0 | - | - |
| Change in cash | - | €13,490 | €28,982 | €15,999 | -€34,366 | -€7,789 | -€7,689 | ▲ 1.3% |
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 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 18-03-2025 | abbreviated format | 02-04-2025 | 2025-00061636 |
| 31-12-2024 | abbreviated format | 02-04-2025 | 2025-00061634 |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00192873 |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00006526 |
| 30-06-2021 | micro format | 26-01-2022 | 2022-02100460 |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02300051 |
| 30-06-2019 | micro format | 07-01-2020 | 2020-00400058 |
| 30-06-2018 | micro format | 14-01-2019 | 2019-01400256 |
| 30-06-2017 | micro format | 09-01-2018 | 2018-00600146 |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-02400062 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.