CONTACT + (0806.963.190): financials and annual accounts

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Schaerbeek ·KBO/BCE: BE 0806.963.190

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	396,157	389,595	330,950	278,321	194,155	175,071	143,162	166,280	193,233	174,319	262,285	84,949	96,007	119,512	151,985	180,692	93,529
Fixed assets`21/28`	114,146	164,196	143,173	154,992	63,115	67,127	53,510	27,400	44,648	59,926	97,010	21,062	22,158	60,846	85,917	99,697	71,154
Intangible fixed assets`21`	10,897	21,793	40,797	66,563	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	101,785	140,939	100,912	86,965	61,651	65,663	52,046	25,936	43,184	58,462	95,546	19,598	20,694	59,382	85,046	98,826	70,893
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,097	8,567	2,349
Furniture and vehicles`24`	89,978	133,721	91,682	82,922	53,337	53,078	28,354	22,620	38,375	50,748	84,927	14,824	14,537	53,755	42,350	61,885	59,704
Other tangible fixed assets`26`	11,807	7,218	9,230	4,043	8,314	12,585	23,692	3,316	4,809	7,714	10,619	4,774	6,157	5,627	-	-	-
Financial fixed assets`28`	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	1,464	871	871	261
Current assets`29/58`	282,011	225,399	187,777	123,329	131,040	107,944	89,652	138,880	148,585	114,393	165,275	63,887	73,849	58,666	66,068	80,994	22,375
Amounts receivable within one year`40/41`	129,394	113,778	74,589	32,178	65,159	63,839	52,530	57,393	48,478	41,429	96,694	19,038	37,396	36,110	18,000	-	901
Trade receivables`40`	-	3,017	25,335	15,036	12,253	32,016	22,190	43,229	40,158	33,762	29,121	18,340	21,838	16,045	18,000	-	-
Other amounts receivable`41`	129,394	110,761	49,254	17,142	52,906	31,823	30,340	14,164	8,320	7,667	67,573	698	15,558	20,065	-	-	901
Current investments`50/53`	-	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	109,743	57,051	107,427	88,845	61,310	41,576	37,122	81,487	95,892	67,209	48,086	40,400	31,612	15,893	37,233	70,537	17,791
Deferred charges and accrued income`490/1`	42,874	4,570	5,761	2,306	4,571	2,529	-	-	4,215	5,755	20,495	4,449	4,841	6,663	10,835	10,457	3,683
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	396,157	389,595	330,950	278,321	194,155	175,071	143,162	166,280	193,233	174,319	262,285	84,949	96,007	119,512	151,985	180,692	93,529
Equity`10/15`	110,952	101,792	85,402	75,448	68,383	47,618	42,848	38,429	34,530	19,026	15,263	5,714	22,262	3,961	-15,694	16,813	10,711
Contributions`10/11`	20,460	20,460	20,460	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Capital`10`	-	-	-	-	18,600	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	20,000	20,000	20,000	21,860	21,860	21,860	21,860	1,860	185	185	185	185	185	-	-	-	-
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	1,860	1,860	1,860	1,860	185	185	185	185	185	-	-	-	-
Reserves not available under the articles`1311`	-	-	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	70,492	61,332	44,942	34,988	27,923	7,158	2,388	17,969	15,745	241	-3,522	-13,071	3,477	-14,639	-34,294	-1,787	-7,889
Provisions and deferred taxes`16`	-	-	27,766	27,766	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	27,766	27,766	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	27,766	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	27,766	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	285,205	287,803	217,782	175,107	125,772	127,453	100,314	127,851	158,703	155,293	247,022	79,235	73,745	115,551	167,679	163,878	82,818
Amounts payable after more than one year`17`	105,452	120,247	72,579	50,452	31,356	20,000	36,179	36,179	53,535	46,790	66,505	31,985	35,483	58,857	60,502	40,479	21,643
Financial debts`170/4`	105,452	120,247	72,579	30,452	11,356	-	36,179	36,179	53,535	46,790	66,505	31,985	35,483	58,857	60,502	40,479	21,643
Other amounts payable`178/9`	-	-	-	20,000	20,000	20,000	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	179,753	167,556	145,203	124,655	94,416	107,453	64,135	91,672	105,168	108,323	180,517	47,250	38,262	56,694	107,177	123,400	61,175
Current portion of amounts payable after more than one year`42`	70,948	62,700	42,685	54,614	19,667	32,371	23,908	21,842	32,065	29,728	44,283	11,761	10,397	26,391	20,756	18,090	7,641
Trade debts`44`	45,096	83,223	59,073	26,283	38,951	15,628	16,365	21,797	28,480	33,098	35,352	11,219	9,855	18,000	21,530	19,400	8,823
Suppliers`440/4`	45,096	83,223	59,073	26,283	38,951	15,628	16,365	21,797	28,480	33,098	35,352	11,219	9,855	18,000	21,530	19,400	8,823
Taxes, remuneration and social security`45`	24,292	17,983	22,238	19,934	14,591	15,990	9,989	11,333	2,617	34,272	74,829	10,579	18,010	12,303	28,209	7,910	2,668
Taxes`450/3`	24,292	17,983	21,457	18,308	14,591	15,990	9,989	11,333	2,617	34,272	74,829	10,579	17,467	12,303	24,843	7,786	823
Remuneration and social security`454/9`	-	-	781	1,626	-	-	-	-	-	-	-	-	543	-	3,366	123	1,845
Other amounts payable`47/48`	39,417	3,650	21,207	23,824	21,207	43,464	13,873	36,700	42,006	11,225	26,053	13,691	-	-	36,682	78,000	42,043
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	180	-	-	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	508,113	519,023	456,374	257,288
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	10	1,886	24,332	67	6,944	3,716
Gross operating margin`9900`	336,207	311,654	303,520	271,303	216,040	159,352	232,860	223,920	240,669	239,871	221,841	189,070	194,764	234,636	198,941	141,349	85,883
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	286,940	320,082	315,025	171,404
Remuneration, social security and pensions`62`	232,366	215,606	201,824	168,874	159,696	119,351	186,635	183,833	165,857	179,430	161,659	180,102	139,967	185,605	171,953	88,187	65,475
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	79,170	67,181	71,993	52,321	22,022	26,918	27,917	21,578	42,618	41,956	40,686	13,618	19,944	41,130	46,229	38,405	22,037
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-10,000	-	27,766	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	9,636	17,010	12,739	6,611	9,891	7,136	10,148	10,415	10,307	9,609	8,968	8,175	9,146	9,645	9,492	8,692	8,381
Non-recurring operating charges`66A`	-	16	-	67	-	58	111	382	444	600	304	2,033	2,471	365	-	-	-
Operating profit (loss)`9901`	15,035	21,841	16,964	15,664	24,431	5,889	8,049	7,712	21,443	8,276	10,528	-12,825	25,707	-1,744	-28,733	6,064	-10,009
Financial income`75/76B`	3,433	1,927	879	-	-	-	-	-	-	-	2,328	-	2,179	2,686	667	348	5
Recurring financial income`75`	3,433	1,927	879	-	-	-	-	-	-	-	2,328	-	2,179	2,686	667	348	5
Financial charges`65/66B`	6,826	5,802	4,589	1,368	3,666	1,119	2,130	2,813	4,987	3,921	3,003	1,700	2,486	5,230	5,171	3,325	938
Recurring financial charges`65`	6,826	5,802	4,589	1,368	3,666	1,119	2,130	2,813	4,987	3,921	3,003	1,700	2,486	5,230	5,171	3,325	938
Profit (loss) for the period before taxes`9903`	11,642	17,966	13,254	14,296	20,765	4,770	5,919	4,899	16,456	4,355	9,549	-16,548	24,815	19,679	-33,170	10,031	-7,227
Income taxes`67/77`	2,482	7,052	3,300	7,231	-	-	1,500	1,000	952	592	-	-	6,514	24	-663	3,928	663
Profit (loss) for the period`9904`	9,160	10,914	9,954	7,065	20,765	4,770	4,419	3,899	15,504	3,763	9,549	-16,548	18,301	19,655	-32,507	6,102	-7,889
Profit (loss) for the period to be appropriated`9905`	9,160	10,914	9,954	7,065	20,765	4,770	4,419	3,899	15,504	3,763	9,549	-16,548	18,301	19,655	-32,507	6,102	-7,889
Appropriation of the result
Profit (loss) to be appropriated`9906`	70,492	61,332	44,942	34,988	27,923	7,158	22,388	19,644	15,745	241	-3,522	-13,071	3,662	-14,639	-34,294	-1,787	-7,889
Profit (loss) brought forward from the previous period`14P`	61,332	50,418	34,988	27,923	7,158	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	20,000	1,675	-	-	-	-	185	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	1,675	-	-	-	-	185	-	-	-	-
To other reserves`6921`	-	-	-	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	6	-	5	5	6	6	-	-	6	5	5.4	4.4	3.4	6.5	8.7	6	2.1
Hours worked`1013`	9,930	-	8,621	8,335	7,895	6,136	-	-	8,863	8,964	9,165	8,342	5,921	12,354	15,966	6,605	5,178
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	08-07-2026	2026-00276036	PDF
31-12-2024	micro format	18-08-2025	2025-00386061	PDF
31-12-2023	micro format	29-08-2024	2024-00439384	PDF
31-12-2022	micro format	27-07-2023	2023-00297430	PDF
31-12-2021	micro format	22-06-2022	2022-20087603	PDF
31-12-2020	micro format	18-08-2021	2021-51100531	PDF
31-12-2019	micro format	31-08-2020	2020-49500586	PDF
31-12-2018	micro format	22-08-2019	2019-49200511	PDF
31-12-2017	micro format	19-06-2018	2018-20200591	PDF
31-12-2016	micro format	22-08-2017	2017-47200365	PDF
31-12-2015	full format	24-08-2016	2016-47400083	PDF
31-12-2014	full format	26-08-2015	2015-49200240	PDF
31-12-2013	full format	25-08-2014	2014-46400507	PDF
31-12-2012	full format	23-08-2013	2013-47500517	PDF
31-12-2011	full format	17-07-2012	2012-30600430	PDF
31-12-2010	full format	19-08-2011	2011-41600277	PDF
31-12-2009	full format	30-06-2010	2010-23900065	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
EBITDA	94,205	89,022	88,957	67,985	46,453	32,807	35,966	29,290	64,061	50,232	51,214	793	45,651	39,386	17,496	44,470	12,028
Cash flow	88,330	78,095	81,947	59,386	42,787	31,688	32,336	25,477	58,122	45,719	50,235	-2,930	38,245	60,785	13,722	44,508	14,147
Investment in fixed assets	29,119	88,204	60,174	144,199	18,010	40,535	54,026	4,330	27,341	14,131	116,634	24,578	2,500	41,550	37,850	80,874	93,191
Change in cash	52,692	-50,376	18,582	27,535	19,734	4,454	-44,365	-14,405	28,683	19,123	7,686	8,788	15,719	-21,340	-33,304	52,747	-
Working capital	102,258	57,843	42,574	-1,326	36,624	491	25,517	47,208	43,417	6,070	-15,242	16,637	35,587	1,972	-41,109	-42,405	-38,800
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.3%	-5.5%	1.3%	-3.9%
Solvency	28.0%	26.1%	25.8%	27.1%	35.2%	27.2%	29.9%	23.1%	17.9%	10.9%	5.8%	6.7%	23.2%	3.3%	-10.3%	9.3%	11.5%
Current ratio	1.57	1.35	1.29	0.99	1.39	1.00	1.40	1.51	1.41	1.06	0.92	1.35	1.93	1.03	0.62	0.66	0.37
Debt to equity	2.57	2.83	2.55	2.32	1.84	2.68	2.34	3.33	4.60	8.16	16.18	13.87	3.31	29.17	-	9.75	7.73
ROE	8.3%	10.7%	11.7%	9.4%	30.4%	10.0%	10.3%	10.1%	44.9%	19.8%	62.6%	-289.6%	82.2%	496.2%	-	36.3%	-73.7%
ROA	2.3%	2.8%	3.0%	2.5%	10.7%	2.7%	3.1%	2.3%	8.0%	2.2%	3.6%	-19.5%	19.1%	16.4%	-21.4%	3.4%	-8.4%
Interest coverage	13.80	15.34	19.38	49.70	12.67	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	12 days	13 days	-	1 day
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	23 days	25 days	22 days	19 days

Item	31-12-2025	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	6	5	5	5
full-time	6	5	5	4
part-time	-	0	-	1
in full-time equivalents	6	5	5	5
Average over the year, in full-time equivalents	6	5	5	6
On a permanent contract	6	5	5	4
Joined	-	-	-	3
Left	-	-	-	3

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€29,119	€88,204	€60,174	€89,715	€18,010
Intangible fixed assets	-	-	-	€54,484	-
Depreciation and write-downs of the year	€79,170	€67,181	€71,993	€52,321	€22,022

CONTACT +

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency28.0%

Current ratio1.57

Return on assets2.3%

Staff

Staff cost per FTE€38,728

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on CONTACT +

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