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Financials · financial year 2026, micro format

Annual accounts 2026 filed on 30-03-2026 PDF all 10 filings

Equity
€0▼ 100%
2025 · €24,802
Total assets
€2,880▼ 88.4%
2025 · €24,927
Net result
-€3,509▲ 78.6%
2025 · -€16,394
Working capital
€0▼ 100%
2025 · €24,802
Multi-year overview
2018 to 2026, 9 financial years
Operating result
-€3,490
▲ 78.8% 2026
20182026
Net result
-€3,509
▲ 78.6% 2026
20182026
Equity
€0
▼ 100% 2026
20182026
Total assets
€2,880
▼ 88.4% 2026
20182026
Debt
€2,880
▲ 23× 2026
20182026
Working capital
€0
▼ 100% 2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023202420252026
Operating result€7,817-€837▼ 89.3%-€2,506€48,807€63,253▲ 29.6%-€15,305-€22,346▼ 46.0%-€16,470▲ 26.3%-€3,490▲ 78.8%
Net result€5,136--€441-€3,102▼ 603%€38,384€46,348▲ 20.7%-€15,840-€25,475▼ 60.8%-€16,394▲ 35.6%-€3,509▲ 78.6%
Equity€18,752-€18,311▼ 2.4%€15,209▼ 16.9%€52,792▲ 247%€99,140▲ 87.8%€72,171▼ 27.2%€46,696▼ 35.3%€24,802▼ 46.9%€0▼ 100%
Total assets€65,697-€49,717▼ 24.3%€45,003▼ 9.5%€78,360▲ 74.1%€108,148▲ 38.0%€77,021▼ 28.8%€50,500▼ 34.4%€24,927▼ 50.6%€2,880▼ 88.4%
Debt€46,945-€31,406▼ 33.1%€29,794▼ 5.1%€25,568▼ 14.2%€9,008▼ 64.8%€4,851▼ 46.2%€3,804▼ 21.6%€125▼ 96.7%€2,880▲ 23×
Working capital€16,353-€8,566▼ 47.6%€6,635▼ 22.5%€51,410▲ 675%€57,960▲ 12.7%€33,033▼ 43.0%€19,479▼ 41.0%€24,802▲ 27.3%€0▼ 100%

The operating result for 2026 is a loss of €3,490, smaller than the loss of €16,470 in 2025.

Turnover and EBIT margin are not published. The micro format does not require them.

Key figures and ratios
2026 value · change against 2025
Debt ≤ 1 year
€2,880▲
2025 · €125
Income taxes
€0▼
2025 · €108
The ratios are withheld because a balance sheet total of €2,880 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202220232024202509-03-2026
Tangible fixed assets€31,982€10,037€98--
Depreciation and write-downs of the year€5,342€12,133€10,871€0-

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 42 lines
Balance sheet Code20252026
Assets
Total assets20/58€24,927€2,880▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Current assets29/58€24,927€2,880▼
Amounts receivable within one year40/41€18,521€108▼
Trade receivables40-€108
Other amounts receivable41€18,521€0▼
Cash at bank and in hand54/58€6,406€2,771▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€24,927€2,880▼
Equity10/15€24,802€0▼
Contributions10/11€18,600€0▼
Reserves13€6,202€0▼
Distributable reserves133€6,202€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€125€2,880▲
Amounts payable within one year42/48€125€2,880▲
Trade debts44€17€0▼
Suppliers440/4€17€0▼
Taxes, remuneration and social security45€108€916▲
Taxes450/3€108€916▲
Other amounts payable47/48€0€1,963▲
Accrued charges and deferred income492/3€0-
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€8,337€0▼
Gross operating margin9900-€8,133-€3,490▲
Operating profit (loss)9901-€16,470-€3,490▲
Financial income75/76B€390€0▼
Recurring financial income75€390€0▼
Financial charges65/66B€206€20▼
Recurring financial charges65€206€20▼
Profit (loss) for the period before taxes9903-€16,286-€3,509▲
Income taxes67/77€108€0▼
Profit (loss) for the period9904-€16,394-€3,509▲
Profit (loss) for the period to be appropriated9905-€16,394-€3,509▲
Appropriation of the result
Profit (loss) to be appropriated9906-€16,394-€3,509▲
Transfer from equity791/2€21,894€6,202▼
Profit to be distributed694/7€5,500€2,693▼
Return on contributions (dividend)694€5,500€2,693▼

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2026 (PDF), filed on 30-03-2026.

Line201820192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,580€10,496€10,645€7,654€5,342€12,133€10,871€0--
Other operating charges640/8---€489€577€878€783€8,337€0▼ 100%
Gross operating margin9900€16,612€11,843€8,934€56,950€69,171-€2,295-€10,692-€8,133-€3,490▲ 57.1%
Operating profit (loss)9901€7,817€837-€2,506€48,807€63,253-€15,305-€22,346-€16,470-€3,490▲ 78.8%
Financial income75/76B---€3€11€0€0€390€0▼ 100%
Recurring financial income75€5€16€0€3€11€0€0€390€0▼ 100%
Financial charges65/66B---€330€229€198€139€206€20▼ 90.5%
Recurring financial charges65€483€507€400€330€229€198€139€206€20▼ 90.5%
Profit (loss) for the period before taxes9903€7,340€345-€2,906€48,481€63,035-€15,503-€22,485-€16,286-€3,509▲ 78.5%
Income taxes67/77€2,204€786€197€10,097€16,687€337€2,990€108€0▼ 100%
Profit (loss) for the period9904€5,136-€441-€3,102€38,384€46,348-€15,840-€25,475-€16,394-€3,509▲ 78.6%
Profit (loss) for the period to be appropriated9905€5,136-€441-€3,102€38,384€46,348-€15,840-€25,475-€16,394-€3,509▲ 78.6%
Line201820192020202120222023202420252026Change
Assets
Total assets20/58€65,697€49,717€45,003€78,360€108,148€77,021€50,500€24,927€2,880▼ 88.4%
Fixed assets21/28€18,326€23,210€15,884€14,601€41,242€39,146€27,239€0--
Tangible fixed assets22/27€18,326€23,210€15,884€14,601€41,242€39,146€27,239€0--
Plant, machinery and equipment23---€1,325€1,592€4,889€2,471€0--
Furniture and vehicles24---€6,726€34,035€29,579€21,025€0--
Other tangible fixed assets26---€6,550€5,614€4,679€3,743€0--
Current assets29/58€47,371€26,507€29,119€63,759€66,906€37,875€23,261€24,927€2,880▼ 88.4%
Amounts receivable within one year40/41€10,517€8,844€11,562€13,820€21,156€3,663€2,172€18,521€108▼ 99.4%
Trade receivables40---€12,416€12,440€0--€108-
Other amounts receivable41---€1,403€8,716€3,663€2,172€18,521€0▼ 100%
Cash at bank and in hand54/58€35,510€16,546€15,639€47,942€41,929€31,821€19,636€6,406€2,771▼ 56.7%
Deferred charges and accrued income490/1---€1,997€3,821€2,391€1,452€0--
Equity and liabilities
Total equity and liabilities10/49€65,697€49,717€45,003€78,360€108,148€77,021€50,500€24,927€2,880▼ 88.4%
Equity10/15€18,752€18,311€15,209€52,792€99,140€72,171€46,696€24,802€0▼ 100%
Contributions10/11€6,200€6,200-€6,200€6,200€18,600€18,600€18,600€0▼ 100%
Reserves13€12,552€12,111€9,009€46,592€92,940€53,571€28,096€6,202€0▼ 100%
Non-distributable reserves130/1---€1,000€1,000€0----
Reserves not available under the articles1311---€1,000€1,000€0----
Distributable reserves133---€45,592€91,940€53,571€28,096€6,202€0▼ 100%
Profit (loss) carried forward14---€0€0€0€0€0€0-
Amounts payable17/49€46,945€31,406€29,794€25,568€9,008€4,851€3,804€125€2,880▲ 23×
Amounts payable after more than one year17€15,927€9,848€3,661€0------
Financial debts170/4---€0------
Amounts payable within one year42/48€31,018€17,941€22,484€12,350€8,946€4,842€3,782€125€2,880▲ 23×
Current portion of amounts payable after more than one year42---€3,661€0-----
Trade debts44€345€174€238€483€21€1,450€172€17€0▼ 100%
Suppliers440/4---€483€21€1,450€172€17€0▼ 100%
Taxes, remuneration and social security45---€2,604€2,111€1,146€98€108€916▲ 745%
Taxes450/3---€2,604€2,111€1,146€98€108€916▲ 745%
Other amounts payable47/48---€5,602€6,815€2,247€3,511€0€1,963-
Accrued charges and deferred income492/3---€13,218€62€8€22€0--
Line201820192020202120222023202420252026Change
Profit (loss) for the period9904€5,136-€441-€3,102€38,384€46,348-€15,840-€25,475-€16,394-€3,509▲ 78.6%
+ Depreciation and write-downs630€8,580€10,496€10,645€7,654€5,342€12,133€10,871€0--
Operating cash flow (approximation)€13,717€10,055€7,543€46,037€51,689-€3,707-€14,604-€16,394-€3,509▲ 78.6%
Investment in fixed assets (approximation)--€15,380-€3,319-€6,371-€31,982-€10,037€1,036€27,239--
Change in cash--€18,964-€907€32,303-€6,014-€10,108-€12,185-€13,231-€3,635▲ 72.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (10)
Financial year Type Filed Reference Document
09-03-2026 micro format 30-03-2026 2026-00066136 PDF
31-12-2025 micro format 27-02-2026 2026-00048148 PDF
31-12-2024 micro format 09-05-2025 2025-00096996 PDF
31-12-2023 micro format 11-06-2024 2024-00140963 PDF
31-12-2022 micro format 13-07-2023 2023-00232873 PDF
31-12-2021 micro format 13-06-2022 2022-20058969 PDF
31-12-2020 micro format 17-06-2021 2021-20900064 PDF
31-12-2019 micro format 26-06-2020 2020-21100210 PDF
31-12-2018 micro format 19-06-2019 2019-21600540 PDF
31-12-2017 micro format 12-08-2018 2018-45200058 PDF