COMPTANET
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-06-2026 at the NBB all 44 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,266
2024 · €1,861
Working capital
€34,900▼ 8.6%
2024 · €38,166
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€3,070
2025
20182025
Net result
-€3,266
2025
lowest quarter of the sector
20182025
Equity
€34,900
▼ 8.6%
2025
middle half of the sector
20182025
Total assets
€50,905
▼ 16.0%
2025
lowest quarter of the sector
20182025
Debt
€16,005
▼ 28.6%
2025
20182025
Working capital
€34,900
▼ 8.6%
2025
middle half of the sector
20182025
Solvency
68.6%
▲ 5.6pp
2025
middle half of the sector
20182025
Current ratio
3.18
▲ 0.48
2025
middle half of the sector
20182025
Return on assets (ROA)
-6.4%
▼ 9.5pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€12,297-€15,255▲ 24.1%€12,150▼ 20.4%€9,216▼ 24.1%€9,067▼ 1.6%€2,211▼ 75.6%€3,454▲ 56.2%-€3,070
Net result€11,091-€9,873▼ 11.0%€9,106within the sector's middle half▼ 7.8%€7,907below the sector's middle half▼ 13.2%€6,564below the sector's middle half▼ 17.0%€960below the sector's middle half▼ 85.4%€1,861below the sector's middle half▲ 93.8%-€3,266below the sector's middle half
Equity€1,894-€11,767▲ 521%€20,873below the sector's middle half▲ 77.4%€28,780below the sector's middle half▲ 37.9%€35,345within the sector's middle half▲ 22.8%€36,305within the sector's middle half▲ 2.7%€38,166within the sector's middle half▲ 5.1%€34,900within the sector's middle half▼ 8.6%
Total assets€11,418-€13,328▲ 16.7%€33,697below the sector's middle half▲ 153%€51,869below the sector's middle half▲ 53.9%€60,999below the sector's middle half▲ 17.6%€65,165below the sector's middle half▲ 6.8%€60,584below the sector's middle half▼ 7.0%€50,905below the sector's middle half▼ 16.0%
Debt€9,523-€1,561▼ 83.6%€12,824▲ 721%€23,089▲ 80.0%€25,655▲ 11.1%€28,861▲ 12.5%€22,419▼ 22.3%€16,005▼ 28.6%
Working capital€1,894-€11,968▲ 532%€28,993within the sector's middle half▲ 142%€45,620within the sector's middle half▲ 57.3%€35,345within the sector's middle half▼ 22.5%€36,305within the sector's middle half▲ 2.7%€38,166within the sector's middle half▲ 5.1%€34,900within the sector's middle half▼ 8.6%
Solvency16.6%-88.3%▲ 71.7pp61.9%within the sector's middle half▼ 26.3pp55.5%within the sector's middle half▼ 6.5pp57.9%within the sector's middle half▲ 2.5pp55.7%within the sector's middle half▼ 2.2pp63.0%within the sector's middle half▲ 7.3pp68.6%within the sector's middle half▲ 5.6pp
Current ratio1.20-9.80▲ 8.607.16above the sector's middle half▼ 2.648.30above the sector's middle half▲ 1.142.38within the sector's middle half▼ 5.922.26within the sector's middle half▼ 0.122.70within the sector's middle half▲ 0.443.18within the sector's middle half▲ 0.48
Return on assets (ROA)97.1%-74.1%▼ 23.1pp27.0%above the sector's middle half▼ 47.0pp15.2%within the sector's middle half▼ 11.8pp10.8%within the sector's middle half▼ 4.5pp1.5%below the sector's middle half▼ 9.3pp3.1%below the sector's middle half▲ 1.6pp-6.4%below the sector's middle half▼ 9.5pp
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). 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 a loss of €3,070, after a profit of €3,454 in 2024. It is the lowest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €50,905
Equity
€34,900 ▼ 8.6%
Debt
€16,005 ▼ 28.6%
Debt's share of the balance-sheet total falls from 37.0% to 31.4%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.46▼
2024 · 0.59
ROE
-9.4%▼
2024 · 4.9%
Debt ≤ 1 year
€16,005▼
2024 · €22,419
Income taxes
€19▼
2024 · €1,429
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,700 | - | €10,024 | €7,500 | ▼ 25.2% |
| Other operating charges640/8 | - | - | - | €1,903 | €1,822 | €3,325 | €2,895 | €2,981 | ▲ 3.0% |
| Gross operating margin9900 | €12,715 | €17,328 | €14,079 | €11,118 | €10,889 | €5,536 | €6,349 | -€89 | - |
| Operating profit (loss)9901 | €12,297 | €15,255 | €12,150 | €9,216 | €9,067 | €2,211 | €3,454 | -€3,070 | - |
| Recurring financial income75 | - | - | €7 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €141 | €113 | €145 | €164 | €177 | ▲ 8.1% |
| Recurring financial charges65 | €417 | €224 | €0 | €141 | €113 | €145 | €164 | €177 | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | €11,880 | €15,032 | €12,157 | €9,075 | €8,954 | €2,066 | €3,290 | -€3,247 | - |
| Income taxes67/77 | €789 | €5,159 | €3,051 | €1,168 | €2,390 | €1,105 | €1,429 | €19 | ▼ 98.7% |
| Profit (loss) for the period9904 | €11,091 | €9,873 | €9,106 | €7,907 | €6,564 | €960 | €1,861 | -€3,266 | - |
| Profit (loss) for the period to be appropriated9905 | €11,091 | €9,873 | €9,106 | €7,907 | €6,564 | €960 | €1,861 | -€3,266 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11,418 | €13,328 | €33,697 | €51,869 | €60,999 | €65,165 | €60,584 | €50,905 | ▼ 16.0% |
| Current assets29/58 | €11,418 | €13,328 | €33,697 | €51,869 | €60,999 | €65,165 | €60,584 | €50,905 | ▼ 16.0% |
| Amounts receivable within one year40/41 | €10,164 | €7,072 | €23,279 | €42,760 | €51,075 | €63,287 | €58,850 | €50,150 | ▼ 14.8% |
| Trade receivables40 | - | - | - | €2,032 | €2,197 | €2,637 | €5,000 | - | - |
| Other amounts receivable41 | - | - | - | €40,728 | €48,878 | €60,650 | €53,850 | €50,150 | ▼ 6.9% |
| Cash at bank and in hand54/58 | €653 | €6,256 | €10,418 | €9,110 | €9,924 | €1,878 | €1,734 | €755 | ▼ 56.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11,418 | €13,328 | €33,697 | €51,869 | €60,999 | €65,165 | €60,584 | €50,905 | ▼ 16.0% |
| Equity10/15 | €1,894 | €11,767 | €20,873 | €28,780 | €35,345 | €36,305 | €38,166 | €34,900 | ▼ 8.6% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Capital10 | - | - | - | €25,000 | €25,000 | - | - | - | - |
| Issued capital100 | - | - | - | €25,000 | €25,000 | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €25,000 | €25,000 | - | - |
| Other1109/19 | - | - | - | - | - | €25,000 | €25,000 | - | - |
| Reserves13 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Non-distributable reserves130/1 | - | - | - | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Legal reserve130 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€25,606 | -€15,733 | -€6,627 | €1,280 | €7,845 | €8,805 | €10,666 | €7,400 | ▼ 30.6% |
| Amounts payable17/49 | €9,523 | €1,561 | €12,824 | €23,089 | €25,655 | €28,861 | €22,419 | €16,005 | ▼ 28.6% |
| Amounts payable within one year42/48 | €9,523 | €1,360 | €4,704 | €6,249 | €25,655 | €28,861 | €22,419 | €16,005 | ▼ 28.6% |
| Trade debts44 | €7 | €580 | €3,500 | €5,049 | €9,225 | €19,221 | €20,989 | €16,005 | ▼ 23.7% |
| Suppliers440/4 | - | - | - | €5,049 | €9,225 | €19,221 | €20,989 | €16,005 | ▼ 23.7% |
| Taxes, remuneration and social security45 | - | - | - | - | €2,390 | - | €1,429 | - | - |
| Taxes450/3 | - | - | - | - | €2,390 | - | €1,429 | - | - |
| Other amounts payable47/48 | - | - | - | €1,200 | €14,040 | €9,640 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €16,840 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,091 | €9,873 | €9,106 | €7,907 | €6,564 | €960 | €1,861 | -€3,266 | - |
| Operating cash flow (approximation) | €11,091 | €9,873 | €9,106 | €7,907 | €6,564 | €960 | €1,861 | -€3,266 | - |
| Change in cash | - | €5,603 | €4,162 | -€1,309 | €815 | -€8,046 | -€144 | -€980 | ▼ 582% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as COMPTANET has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COMPTANET itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for COMPTANET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-06-2026 | 2026-00172400 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00249519 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00311726 | |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00200840 | |
| 31-12-2021 | full format | 25-07-2022 | 2022-20216303 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60800079 | |
| 31-12-2019 | full format | 09-07-2020 | 2020-28000111 | |
| 31-12-2018 | full format | 17-04-2019 | 2019-10100272 | |
| 31-12-2017 | full format | 24-07-2018 | 2018-36300202 | |
| 31-12-2016 | full format | 11-08-2017 | 2017-42600140 |