CFDA
Annual accounts 2025
micro format, filed on 19-05-2026, 73 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 ≈ €220,000. Estimated: probably between €190,000 and €260,000.
Balance sheet
balance sheet total €234,042 on 31-12-2025in euro
in euro
Position in the sector
18.1%
Higher than 22% of 39,368 companies in 2025.
1.11
Higher than 29% of 38,051 companies in 2025.
38.0%
Higher than 78% of 38,523 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
234,042 | 243,377 | 276,800 | 252,834 | 207,074 | |
21/28 |
21,046 | 24,315 | 17,106 | 20,711 | 22,148 | |
22/27 |
21,046 | 24,315 | 17,106 | 20,711 | 22,148 | |
23 |
11,532 | 12,845 | 2,903 | 2,205 | - | |
24 |
9,514 | 11,470 | 14,203 | 18,507 | 22,148 | |
29/58 |
212,996 | 219,062 | 259,694 | 232,122 | 184,926 | |
40/41 |
62,260 | 42,100 | 139,223 | 97,629 | 76,338 | |
40 |
7,260 | 12,100 | 18,150 | 11,193 | 27,545 | |
41 |
55,000 | 30,000 | 121,073 | 86,436 | 48,793 | |
54/58 |
150,214 | 176,473 | 119,539 | 134,036 | 108,027 | |
490/1 |
522 | 489 | 932 | 458 | 561 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
234,042 | 243,377 | 276,800 | 252,834 | 207,074 | |
10/15 |
42,358 | 158,359 | 252,883 | 190,258 | 139,489 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
35,000 | 145,000 | 130,000 | 110,000 | 60,000 | |
133 |
35,000 | 145,000 | 130,000 | 110,000 | 60,000 | |
14 |
2,358 | 8,359 | 117,883 | 75,258 | 74,489 | |
17/49 |
191,684 | 85,019 | 23,918 | 62,576 | 67,585 | |
17 |
- | 0 | 1,380 | 4,645 | 7,845 | |
170/4 |
- | 0 | 1,380 | 4,645 | 7,845 | |
42/48 |
191,684 | 85,019 | 22,538 | 57,931 | 59,740 | |
42 |
10,133 | 8,775 | 10,653 | 13,201 | 3,138 | |
44 |
4,051 | 6,356 | 2,456 | 3,216 | 12,524 | |
440/4 |
4,051 | 6,356 | 2,456 | 3,216 | 12,524 | |
45 |
42,926 | 53,253 | 8,629 | 40,835 | 43,278 | |
450/3 |
41,882 | 50,909 | 8,629 | 38,706 | 43,278 | |
454/9 |
1,044 | 2,345 | 0 | 2,129 | - | |
47/48 |
134,574 | 16,634 | 800 | 680 | 800 | |
| Income statement | ||||||
9900 |
129,585 | 139,047 | 90,866 | 80,402 | 187,991 | |
630 |
6,383 | 6,416 | 8,610 | 8,104 | 4,767 | |
640/8 |
1,371 | 1,124 | 1,834 | 1,037 | 1,120 | |
9901 |
121,831 | 131,507 | 80,422 | 71,261 | 182,104 | |
75/76B |
792 | 8,923 | 4,839 | 3,145 | 1,154 | |
75 |
792 | 8,923 | 4,839 | 3,145 | 1,154 | |
65/66B |
1,116 | 1,391 | 1,192 | 836 | 194 | |
65 |
1,116 | 1,391 | 1,192 | 836 | 194 | |
9903 |
121,507 | 139,039 | 84,069 | 73,570 | 183,064 | |
67/77 |
32,508 | 33,563 | 20,644 | 22,001 | 47,775 | |
9904 |
88,999 | 105,476 | 63,425 | 51,569 | 135,289 | |
9905 |
88,999 | 105,476 | 63,425 | 51,569 | 135,289 | |
| Appropriation of the result | ||||||
9906 |
97,358 | 223,359 | 138,683 | 126,058 | 135,289 | |
14P |
8,359 | 117,883 | 75,258 | 74,489 | - | |
791/2 |
110,000 | - | - | - | - | |
691/2 |
0 | 15,000 | 20,000 | 50,000 | 60,000 | |
691 |
0 | 15,000 | 20,000 | 50,000 | 60,000 | |
694/7 |
205,000 | 200,000 | 800 | 800 | 800 | |
694 |
205,000 | 200,000 | 800 | 800 | 800 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-05-2026.
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 | 19-05-2026 | 2026-00114422 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00238262 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00331520 | |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00355687 | |
| 31-12-2021 | micro format | 16-08-2022 | 2022-20295678 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 128,214 | 137,923 | 89,032 | 79,365 | 186,871 | ||
| 95,382 | 111,892 | 72,035 | 59,673 | 140,056 | ||
| 3,114 | 14,830 | 5,005 | 6,668 | 25,692 | ||
| -26,259 | 56,934 | -14,497 | 26,008 | - | ||
| 21,311 | 134,044 | 237,156 | 174,191 | 125,186 | ||
| 18.1% | 65.1% | 91.4% | 75.3% | 67.4% | ||
| 1.11 | 2.58 | 11.52 | 4.01 | 3.10 | ||
| 4.53 | 0.54 | 0.09 | 0.33 | 0.48 | ||
| 210.1% | 66.6% | 25.1% | 27.1% | 97.0% | ||
| 38.0% | 43.3% | 22.9% | 20.4% | 65.3% | ||
| over 100 | 99.16 | 74.68 | 94.93 | over 100 |
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 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,114 | €14,830 | €5,005 | €6,668 | €25,692 |
| Intangible fixed assets | - | - | - | - | €0 |
| Financial fixed assets | €0 | - | - | - | €0 |
| €6,383 | €6,416 | €8,610 | €8,104 | €4,767 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CFDA
The operating result for 2025 is 7% lower than in 2024.
Debt's share of the balance-sheet total rises from 34.9% to 81.9%. Equity is lower and debt is higher.