COLLATION
Annual accounts 2025
micro format, filed on 29-12-2025, 33 days before the deadline€112,613
▲ 10.4%
€20,523
▲ 43.2%
€13,327
▲ 51.3%
€22,647
▲ 10.4%
24.3%
▼ 0.2 percentage points
1.27
▲ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €160,000 and €410,000.
Balance sheet
balance sheet total €111,636 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
24.3%
Higher than 28% of 8,614 companies in 2025.
1.27
Higher than 33% of 8,290 companies in 2025.
11.9%
Higher than 53% of 8,399 companies in 2025.
COLLATION
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€38,723
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
111,636 | 109,470 | 152,730 | 68,277 | 142,622 | 98,915 | 90,720 | 108,250 | 118,438 | 60,714 | 26,401 | |
21/28 |
4,479 | 6,290 | 7,400 | 12,319 | 9,961 | 3,828 | 5,948 | 6,676 | 7,570 | 9,023 | 12,391 | |
22/27 |
2,279 | 4,090 | 5,200 | 10,119 | 7,761 | 1,628 | 3,748 | 4,476 | 5,370 | 9,023 | 12,391 | |
23 |
2,141 | 3,820 | 5,200 | 10,119 | 7,761 | 1,628 | 3,748 | 4,373 | 3,909 | 6,206 | 12,391 | |
24 |
138 | 270 | - | - | - | - | - | 103 | 1,460 | 2,817 | - | |
28 |
2,200 | 2,200 | 2,200 | 2,200 | 2,200 | 2,200 | 2,200 | 2,200 | 2,200 | - | - | |
29/58 |
107,157 | 103,180 | 145,330 | 55,958 | 132,661 | 95,087 | 84,772 | 101,574 | 110,869 | 51,691 | 14,010 | |
40/41 |
78,637 | 59,147 | 120,208 | 36,104 | 110,062 | 81,621 | 58,633 | 81,291 | 104,848 | 19,886 | 9,130 | |
40 |
68,713 | 59,147 | 120,208 | 34,604 | 105,109 | 66,312 | 58,633 | 81,291 | 104,848 | 19,886 | 8,019 | |
41 |
9,924 | - | - | 1,500 | 4,953 | 15,309 | - | - | - | - | 1,112 | |
50/53 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | - | - | - | - | - | |
54/58 |
25,521 | 41,034 | 22,122 | 16,854 | 19,308 | 13,466 | 24,440 | 20,283 | 6,020 | 31,805 | 4,880 | |
490/1 |
- | - | - | - | 291 | - | 1,699 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
111,636 | 109,470 | 152,730 | 68,277 | 142,622 | 98,915 | 90,720 | 108,250 | 118,438 | 60,714 | 26,401 | |
10/15 |
27,126 | 26,799 | 27,989 | -4,331 | 24,200 | 14,599 | 27,536 | 41,624 | 33,298 | 19,437 | 14,089 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,100 | 500 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,100 | 500 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | |
14 |
6,666 | 6,339 | 7,529 | -24,791 | 3,740 | -5,861 | 7,076 | 21,164 | 12,838 | 12,137 | 7,389 | |
17/49 |
84,510 | 82,671 | 124,741 | 72,608 | 118,423 | 84,316 | 63,184 | 66,626 | 85,140 | 41,277 | 12,312 | |
42/48 |
84,510 | 82,671 | 124,741 | 72,608 | 118,423 | 84,316 | 63,184 | 66,626 | 85,140 | 41,277 | 12,312 | |
43 |
2,273 | 724 | - | - | - | - | - | - | - | - | - | |
430/8 |
2,273 | 724 | - | - | - | - | - | - | - | - | - | |
44 |
33,121 | 28,726 | 51,420 | 16,682 | 18,973 | 61,781 | 24,770 | 45,332 | 2,344 | 2,245 | 3,130 | |
440/4 |
33,121 | 28,726 | 51,420 | 16,682 | 18,973 | 61,781 | 24,770 | 45,332 | 2,344 | 2,245 | 3,130 | |
46 |
- | - | - | - | - | - | - | - | 40,000 | - | - | |
45 |
28,777 | 33,471 | 29,469 | 24,222 | 46,958 | 7,837 | 22,035 | 19,560 | 26,008 | 16,707 | 3,074 | |
450/3 |
8,916 | 16,391 | 15,683 | 9,618 | 35,248 | 3,375 | 16,086 | 10,641 | 20,554 | 13,737 | 3,074 | |
454/9 |
19,861 | 17,080 | 13,786 | 14,604 | 11,710 | 4,462 | 5,949 | 8,918 | 5,454 | 2,969 | - | |
47/48 |
20,339 | 19,749 | 43,852 | 31,704 | 52,492 | 14,699 | 16,380 | 1,734 | 16,789 | 22,326 | 6,108 | |
| Income statement | ||||||||||||
9900 |
112,613 | 101,965 | 117,501 | 41,311 | 134,219 | 25,091 | 63,318 | 48,394 | 56,273 | 31,307 | 19,107 | |
62 |
89,064 | 82,828 | 72,838 | 62,938 | 55,251 | 34,084 | 40,224 | 30,672 | 25,671 | 9,806 | - | |
630 |
2,626 | 4,404 | 5,627 | 4,686 | 3,534 | 2,775 | 4,302 | 4,989 | 8,580 | 9,416 | 7,294 | |
640/8 |
400 | 400 | 739 | 1,034 | 832 | 651 | 195 | 706 | 491 | 290 | 710 | |
9901 |
20,523 | 14,333 | 38,297 | -27,347 | 74,602 | -12,419 | 18,596 | 12,027 | 21,532 | 11,795 | 11,102 | |
75/76B |
78 | 10 | - | - | - | - | - | - | - | 3 | 1 | |
75 |
78 | 10 | - | - | - | - | - | - | - | 3 | 1 | |
65/66B |
928 | 235 | 2,102 | 1,184 | 463 | 479 | 165 | 87 | 365 | 290 | 141 | |
65 |
928 | 235 | 2,102 | 1,184 | 463 | 479 | 165 | 87 | 365 | 290 | 141 | |
9903 |
19,672 | 14,107 | 36,195 | -28,530 | 74,139 | -12,898 | 18,431 | 11,939 | 21,167 | 11,509 | 10,963 | |
67/77 |
6,345 | 5,297 | 3,876 | - | 14,539 | 40 | 4,519 | 3,613 | 4,706 | 6,161 | 3,074 | |
9904 |
13,327 | 8,810 | 32,319 | -28,530 | 59,601 | -12,937 | 13,912 | 8,326 | 16,461 | 5,348 | 7,889 | |
9905 |
13,327 | 8,810 | 32,319 | -28,530 | 59,601 | -12,937 | 13,912 | 8,326 | 16,461 | 5,348 | 7,889 | |
| Appropriation of the result | ||||||||||||
9906 |
19,666 | 16,339 | 7,529 | -24,791 | 53,740 | -5,861 | 35,076 | 21,164 | 28,598 | 12,737 | 7,889 | |
14P |
6,339 | 7,529 | -24,791 | 3,740 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 760 | 600 | 500 | |
6920 |
- | - | - | - | - | - | - | - | 760 | 600 | 500 | |
694/7 |
13,000 | 10,000 | - | - | 50,000 | - | 28,000 | - | 15,000 | - | - | |
694 |
13,000 | 10,000 | - | - | 50,000 | - | 28,000 | - | 15,000 | - | - | |
| Social balance sheet | ||||||||||||
9087 |
2.3 | 2 | 2 | - | - | - | - | - | 1 | 1 | - | |
Hours worked1013 |
- | 3,511 | 3,511 | - | - | - | - | - | 1,923 | - | - | |
| Document | ||||||||||||
The notes to these accounts have 6 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 29-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-12-2025 | 2026-00000051 | |
| 30-06-2024 | micro format | 31-12-2024 | 2025-00628595 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00027386 | |
| 30-06-2022 | micro format | 21-12-2022 | 2022-20547797 | |
| 30-06-2021 | micro format | 09-02-2022 | 2022-05200425 | |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01700584 | |
| 30-06-2019 | micro format | 24-01-2020 | 2020-02100250 | |
| 30-06-2018 | micro format | 27-12-2018 | 2018-75800323 | |
| 30-06-2017 | micro format | 29-01-2018 | 2018-03200169 | |
| 30-06-2016 | full format | 02-01-2017 | 2017-00100463 | |
| 30-06-2015 | full format | 02-02-2016 | 2016-03800009 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23,149 | 18,736 | 43,924 | -22,660 | 78,137 | -9,643 | 22,898 | 17,016 | 30,112 | 21,211 | 18,397 | ||
| 15,953 | 13,214 | 37,947 | -23,844 | 63,135 | -10,162 | 18,214 | 13,315 | 25,041 | 14,764 | 15,183 | ||
| 815 | 3,294 | 708 | 5,557 | 9,667 | 4,465 | 3,574 | 4,096 | 7,126 | 6,049 | 19,685 | ||
| -15,513 | 18,912 | 5,267 | -2,454 | 5,843 | -10,975 | 4,158 | 14,262 | -25,784 | 26,925 | - | ||
| 22,647 | 20,509 | 20,589 | -16,650 | 14,238 | 10,771 | 21,588 | 34,948 | 25,728 | 10,414 | 1,698 | ||
| 24.3% | 24.5% | 18.3% | -6.3% | 17.0% | 14.8% | 30.4% | 38.5% | 28.1% | 32.0% | 53.4% | ||
| 1.27 | 1.25 | 1.17 | 0.77 | 1.12 | 1.13 | 1.34 | 1.52 | 1.30 | 1.25 | 1.14 | ||
| 3.12 | 3.08 | 4.46 | - | 4.89 | 5.78 | 2.29 | 1.60 | 2.56 | 2.12 | 0.87 | ||
| 49.1% | 32.9% | 115.5% | - | 246.3% | -88.6% | 50.5% | 20.0% | 49.4% | 27.5% | 56.0% | ||
| 11.9% | 8.0% | 21.2% | -41.8% | 41.8% | -13.1% | 15.3% | 7.7% | 13.9% | 8.8% | 29.9% | ||
| 24.94 | 79.59 | 20.90 | -19.14 | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 2 |
| full-time | - | 2 | 2 |
| part-time | - | 0 | - |
| in full-time equivalents | - | - | 2 |
| 2.3 | 2 | 2 | |
| On a permanent contract | 3 | 2 | 2 |
| Joined | 1 | - | - |
| Left | 1 | - | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €815 | €3,294 | €708 | €5,557 |
| €2,626 | €4,404 | €5,627 | €4,686 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on COLLATION
The operating result for 2025 is 43% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 75.5% to 75.7%. Equity and debt are higher.