Clean & Sort
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 3 filings
Turnover
≈ €1.1m
Estimated: probably between €920,000 and €1.5m
Total assets
€1.0m▲ 3.7%
2024 · €1.0m
Net result
€65,991▲ 20.0%
2024 · €54,976
Working capital
-€101,133
2024 · €443,356
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€74,704
▲ 26.7%
2025
20232025
Net result
€65,991
▲ 20.0%
2025
middle half of the sector
20232025
Equity
€548,350
▲ 55.6%
2025
middle half of the sector
20232025
Total assets
€1.0m
▲ 3.7%
2025
middle half of the sector
20232025
Debt
€498,748
▼ 24.1%
2025
20232025
Working capital
-€101,133
2025
lowest quarter of the sector
20232025
Solvency
52.4%
▲ 17.5pp
2025
middle half of the sector
20232025
Current ratio
0.80
▼ 1.05
2025
middle half of the sector
20232025
Return on assets (ROA)
6.3%
▲ 0.9pp
2025
middle half of the sector
20232025
Staff (FTE)
14.3
▲ 0.7%
2025
highest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€0.4m-€0.06m▼ 83.2%€0.07m▲ 26.7%
Net result€0.3mabove the sector's middle half-€0.05mwithin the sector's middle half▼ 80.2%€0.07mwithin the sector's middle half▲ 20.0%
Equity€0.3mwithin the sector's middle half-€0.4mwithin the sector's middle half▲ 18.5%€0.5mwithin the sector's middle half▲ 55.6%
Total assets€0.8mwithin the sector's middle half-€1.0mwithin the sector's middle half▲ 33.5%€1.0mwithin the sector's middle half▲ 3.7%
Debt€0.5m-€0.7m▲ 43.3%€0.5m▼ 24.1%
Working capital€0.4mwithin the sector's middle half-€0.4mwithin the sector's middle half▲ 15.2%-€0.1mbelow the sector's middle half
Solvency39.3%within the sector's middle half-34.9%within the sector's middle half▼ 4.4pp52.4%within the sector's middle half▲ 17.5pp
Current ratio2.19within the sector's middle half-1.85within the sector's middle half▼ 0.340.80within the sector's middle half▼ 1.05
Return on assets (ROA)36.7%above the sector's middle half-5.4%within the sector's middle half▼ 31.2pp6.3%within the sector's middle half▲ 0.9pp
Staff (FTE)12.8above the sector's middle half-14.2above the sector's middle half▲ 10.9%14.3above the sector's middle half▲ 0.7%
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 27% higher than in 2024. It is a recovery after the fall in 2024.
Large changes and their cause
- 2025 Equity +56% on 2024. Capital increase of €130,000 (Official Gazette 31-07-2025).
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€650,711 ▲ 16×
Current assets
€395,216 ▼ 59.1%
Equity and liabilities €1.0m
Equity
€548,350 ▲ 55.6%
Debt
€498,748 ▼ 24.1%
Debt's share of the balance-sheet total falls from 65.1% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81,401▲
2024 · €65,626
Cash flow
€72,688▲
2024 · €61,651
Debt to equity
0.91▼
2024 · 1.86
ROE
12.0%▼
2024 · 15.6%
Interest coverage
13.88▼
2024 · 91.10
Debt ≤ 1 year
€496,348▼
2024 · €522,236
Debt > 1 year
€0▼
2024 · €130,000
Income taxes
€26,884▲
2024 · €16,486
Staff costs
€656,970▲
2024 · €584,427
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 13 | 14 | 15 |
| full-time | 12 | 14 | 15 |
| part-time | 1 | 0 | 0 |
| in full-time equivalents | 12.8 | 14 | 15 |
| Average over the year, in full-time equivalents | 12.8 | 14.2 | 14.3 |
| On a permanent contract | 12 | 14 | 15 |
| Joined | 13 | 4 | 1 |
| Left | 0 | 3 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €312,563 | €2,959 | - |
| Intangible fixed assets | €1,200 | - | - |
| Financial fixed assets | €60 | - | €2.8m |
| Depreciation and write-downs of the year | €42,408 | €6,675 | €6,697 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €428,000 | €584,427 | €656,970 | ▲ 12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,408 | €6,675 | €6,697 | ▲ 0.3% |
| Other operating charges640/8 | €9,647 | €4,474 | €2,251 | ▼ 49.7% |
| Gross operating margin9900 | €831,772 | €654,528 | €740,622 | ▲ 13.2% |
| Operating profit (loss)9901 | €351,716 | €58,951 | €74,704 | ▲ 26.7% |
| Financial income75/76B | €12,003 | €13,231 | €24,038 | ▲ 81.7% |
| Recurring financial income75 | €12,003 | €13,231 | €24,038 | ▲ 81.7% |
| Financial charges65/66B | €1,013 | €720 | €5,866 | ▲ 714% |
| Recurring financial charges65 | €1,013 | €720 | €5,866 | ▲ 714% |
| Profit (loss) for the period before taxes9903 | €362,706 | €71,462 | €92,876 | ▲ 30.0% |
| Income taxes67/77 | €85,323 | €16,486 | €26,884 | ▲ 63.1% |
| Profit (loss) for the period9904 | €277,383 | €54,976 | €65,991 | ▲ 20.0% |
| Profit (loss) for the period to be appropriated9905 | €277,383 | €54,976 | €65,991 | ▲ 20.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.8m | €1.0m | €1.0m | ▲ 3.7% |
| Formation expenses20 | €0.002m | €0.002m | €0.001m | ▼ 34.4% |
| Fixed assets21/28 | €0.05m | €0.04m | €0.7m | ▲ 16× |
| Intangible fixed assets21 | €0.001m | €0.001m | €439 | ▼ 35.3% |
| Tangible fixed assets22/27 | €0.04m | €0.04m | €0.04m | ▼ 14.2% |
| Furniture and vehicles24 | €0.005m | €0.004m | €0.003m | ▼ 35.2% |
| Other tangible fixed assets26 | €0.04m | €0.04m | €0.03m | ▼ 12.0% |
| Financial fixed assets28 | €60 | €60 | €0.6m | ▲ 10,249× |
| Current assets29/58 | €0.7m | €1.0m | €0.4m | ▼ 59.1% |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.3m | ▲ 27.0% |
| Trade receivables40 | €0.1m | €0.2m | €0.2m | ▼ 9.6% |
| Other amounts receivable41 | €0.06m | €0.04m | €0.1m | ▲ 224% |
| Current investments50/53 | €0.5m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.7m | €0.04m | ▼ 94.6% |
| Deferred charges and accrued income490/1 | €0.01m | €0.007m | €0.03m | ▲ 362% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.8m | €1.0m | €1.0m | ▲ 3.7% |
| Equity10/15 | €0.3m | €0.4m | €0.5m | ▲ 55.6% |
| Contributions10/11 | €0.02m | €0.02m | €0.2m | ▲ 650% |
| Reserves13 | €0.3m | €0.3m | €0.4m | ▲ 19.9% |
| Distributable reserves133 | €0.3m | €0.3m | €0.4m | ▲ 19.9% |
| Amounts payable17/49 | €0.5m | €0.7m | €0.5m | ▼ 24.1% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0 | ▼ 100% |
| Financial debts170/4 | €0.1m | €0.1m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.3m | €0.5m | €0.5m | ▼ 5.0% |
| Trade debts44 | €0.2m | €0.1m | €0.1m | ▼ 20.4% |
| Suppliers440/4 | €0.2m | €0.1m | €0.1m | ▼ 20.4% |
| Taxes, remuneration and social security45 | €0.1m | €0.08m | €0.1m | ▲ 22.6% |
| Taxes450/3 | €0.08m | €0.02m | €0.03m | ▲ 28.6% |
| Remuneration and social security454/9 | €0.05m | €0.06m | €0.07m | ▲ 19.8% |
| Other amounts payable47/48 | - | €0.3m | €0.3m | ▼ 5.0% |
| Accrued charges and deferred income492/3 | €0.005m | €0.005m | €0.002m | ▼ 48.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €277,383 | €54,976 | €65,991 | ▲ 20.0% |
| + Depreciation and write-downs630 | €42,408 | €6,675 | €6,697 | ▲ 0.3% |
| Operating cash flow (approximation) | €319,791 | €61,651 | €72,688 | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | -€3,573 | -€615,494 | ▼ 17,124% |
| Change in cash | - | €675,571 | -€663,815 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.