CONTEXT+
Annual accounts 2025
micro format, filed on 15-12-2025, 47 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €39,000. Estimated: probably between €20,000 and €74,000.
Balance sheet
balance sheet total €50,512 on 30-06-2025in euro
in euro
Position in the sector
73.2%
Higher than 65% of 21,205 companies in 2025.
3.74
Higher than 66% of 20,568 companies in 2025.
7.6%
Higher than 30% of 20,743 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
50,512 | 36,265 | 35,299 | 36,911 | 37,948 | 37,077 | 50,470 | 36,033 | 181,308 | 38,212 | 18,736 | 35,842 | 26,349 | 38,734 | 46,318 | 9,678 | 9,073 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 151 | 352 | 553 | 754 | |
21/28 |
- | - | 2,008 | 4,418 | 6,828 | 9,238 | 15,481 | 7,665 | 11,634 | 15,815 | 912 | 6,222 | 11,106 | 18,277 | 26,017 | 6,020 | 8,236 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,467 | 3,424 | 5,380 | 7,337 | |
22/27 |
- | - | 2,008 | 4,418 | 6,828 | 9,238 | 15,481 | 7,665 | 11,634 | 15,815 | 912 | 6,222 | 11,106 | 16,659 | 22,241 | 87 | 145 | |
23 |
- | - | - | - | - | - | 173 | 346 | 656 | 1,177 | 912 | 669 | - | - | - | - | - | |
24 |
- | - | 2,008 | 4,418 | 6,828 | 9,238 | 15,307 | 7,319 | 10,978 | 14,637 | - | 5,553 | 11,106 | 16,659 | 22,241 | 87 | 145 | |
29/58 |
50,512 | 36,265 | 33,291 | 32,493 | 31,120 | 27,839 | 34,990 | 28,368 | 169,674 | 22,397 | 17,824 | 29,620 | 15,243 | 20,457 | 20,301 | 3,658 | 838 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | 13,927 | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | - | - | - | - | 13,927 | - | - | - | - | |
3 |
- | - | - | - | - | - | - | - | 143,341 | 1,125 | 700 | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | 143,341 | 1,125 | 700 | - | - | - | - | - | - | |
40/41 |
34,091 | 32,337 | 26,346 | 27,505 | 28,848 | 20,216 | 28,021 | 26,644 | 26,292 | 21,132 | 17,083 | 27,750 | 1,316 | 19,179 | 20,026 | 3,630 | 13 | |
40 |
28,726 | 26,460 | 26,029 | 24,819 | 26,449 | 20,207 | 24,372 | 26,440 | 26,256 | 21,082 | 17,036 | 26,803 | - | 18,165 | 19,359 | 3,630 | - | |
41 |
5,365 | 5,878 | 317 | 2,687 | 2,400 | 9 | 3,650 | 205 | 35 | 51 | 47 | 948 | 1,316 | 1,014 | 667 | - | 13 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,278 | 275 | - | - | |
54/58 |
14,530 | 1,360 | 4,562 | 2,352 | 31 | 1,431 | 44 | 1,723 | 41 | 140 | 41 | 46 | - | - | - | 28 | 825 | |
490/1 |
1,891 | 2,568 | 2,382 | 2,635 | 2,241 | 6,191 | 6,924 | - | - | - | - | 1,824 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
50,512 | 36,265 | 35,299 | 36,911 | 37,948 | 37,077 | 50,470 | 36,033 | 181,308 | 38,212 | 18,736 | 35,842 | 26,349 | 38,734 | 46,318 | 9,678 | 9,073 | |
10/15 |
36,992 | 33,163 | 25,483 | 21,027 | 16,694 | 21,687 | 19,858 | 20,231 | -5,962 | -14,370 | -28,620 | -10,583 | 372 | -2,035 | 2,864 | 5,904 | 6,222 | |
10/11 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
100 |
- | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
- | - | - | 3,043 | 6,274 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | 3,043 | 6,274 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | - | |
14 |
21,992 | 18,163 | 10,483 | 2,984 | -4,580 | -3,313 | -5,142 | -4,769 | -20,962 | -29,370 | -38,620 | -20,583 | -9,628 | -12,035 | -7,136 | -4,096 | -3,778 | |
17/49 |
13,520 | 3,103 | 9,816 | 15,883 | 21,254 | 15,390 | 30,613 | 15,802 | 187,270 | 52,582 | 47,356 | 46,425 | 25,978 | 40,769 | 43,454 | 3,774 | 2,852 | |
17 |
- | - | - | - | 2,835 | 5,877 | 8,867 | 379 | 4,924 | 9,470 | - | - | 4,182 | 10,827 | 17,472 | - | - | |
170/4 |
- | - | - | - | 2,835 | 5,877 | 8,867 | 379 | 4,924 | 9,470 | - | - | 4,182 | 10,827 | 17,472 | - | - | |
42/48 |
13,520 | 3,103 | 9,816 | 15,426 | 17,963 | 8,948 | 21,745 | 15,424 | 182,346 | 43,112 | 47,356 | 46,425 | 21,796 | 29,942 | 25,982 | 3,774 | 2,852 | |
42 |
- | - | - | 2,835 | 3,042 | 2,990 | 3,318 | 4,545 | 4,545 | 4,545 | - | 4,182 | 6,645 | 6,645 | 6,645 | - | - | |
43 |
- | - | - | - | - | - | - | - | 84 | - | 504 | - | 159 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 84 | - | 504 | - | 159 | - | - | - | - | |
44 |
13,441 | 3,024 | 9,301 | 6,715 | 9,477 | 5,115 | 8,719 | 5,330 | 6,595 | 4,146 | 10,554 | 13,093 | 7,657 | 6,989 | 8,121 | 2,045 | 2,815 | |
440/4 |
13,441 | 3,024 | 9,301 | 6,715 | 9,477 | 5,115 | 8,719 | 5,330 | 6,595 | 4,146 | 10,554 | 13,093 | 7,657 | 6,989 | 8,121 | 2,045 | 2,815 | |
45 |
- | - | 260 | 126 | 1,267 | 675 | 1,151 | - | 7,039 | 5,484 | 4,825 | 3,529 | 145 | - | 120 | 529 | 37 | |
450/3 |
- | - | 260 | 126 | 1,267 | 675 | 2 | - | 6,813 | 1,191 | 282 | 1,421 | 145 | - | 120 | 529 | 37 | |
454/9 |
- | - | - | - | - | - | 1,149 | - | 225 | 4,293 | 4,543 | 2,108 | - | - | - | - | - | |
47/48 |
79 | 79 | 256 | 5,750 | 4,177 | 167 | 8,557 | 5,548 | 164,082 | 28,936 | 31,473 | 25,621 | 7,190 | 16,309 | 11,098 | 1,200 | - | |
492/3 |
- | - | - | 458 | 457 | 566 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 1,656 | - | - | - | - | - | - | - | |
9900 |
7,107 | 13,826 | 10,668 | 8,908 | -140 | 16,700 | 60,383 | 87,672 | 64,725 | 65,470 | 38,449 | 9,401 | 11,021 | 3,688 | 7,049 | 2,519 | -60 | |
62 |
- | - | - | - | - | 7,535 | 52,211 | 56,306 | 50,775 | 52,355 | 48,877 | 12,879 | - | 775 | - | - | - | |
630 |
0 | 2,008 | 2,410 | 2,410 | 2,410 | 6,242 | 4,234 | 3,969 | 4,181 | 4,260 | 6,161 | 5,999 | 7,171 | 7,740 | 7,769 | 2,215 | 2,842 | |
640/8 |
1,754 | 966 | 579 | 884 | 916 | 805 | 4,010 | 885 | 981 | 818 | 874 | 1,451 | 1,026 | 775 | 1,511 | 603 | 857 | |
9901 |
5,352 | 10,852 | 7,680 | 5,613 | -3,467 | 2,117 | -73 | 26,512 | 8,788 | 8,037 | -17,463 | -10,928 | 2,824 | -5,602 | -2,231 | -300 | -3,759 | |
75/76B |
0 | 0 | 1 | 8 | - | 0 | 9 | 7 | 40 | 7 | 1,038 | 265 | 73 | 1,400 | 15 | - | 1 | |
75 |
0 | 0 | 1 | 8 | - | 0 | 9 | 7 | 40 | 7 | 1,038 | 265 | 73 | 1,400 | 15 | - | 1 | |
65/66B |
131 | 571 | 130 | 190 | 260 | 288 | 309 | 326 | 420 | 450 | 1,613 | 291 | 490 | 698 | 824 | 17 | 21 | |
65 |
131 | 571 | 130 | 190 | 260 | 288 | 309 | 326 | 420 | 450 | 1,613 | 291 | 490 | 698 | 824 | 17 | 21 | |
9903 |
5,222 | 10,280 | 7,551 | 5,432 | -3,726 | 1,829 | -373 | 26,193 | 8,408 | 9,250 | -18,037 | -10,954 | 2,407 | -4,899 | -3,040 | -317 | -3,778 | |
67/77 |
1,393 | 2,600 | 3,096 | 1,098 | 1,267 | - | - | - | - | - | - | - | - | - | - | - | 0 | |
9904 |
3,829 | 7,680 | 4,455 | 4,334 | -4,993 | 1,829 | -373 | 26,193 | 8,408 | 9,250 | -18,037 | -10,954 | 2,407 | -4,899 | -3,040 | -317 | -3,778 | |
789 |
- | - | 3,043 | 3,231 | 3,726 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 10,000 | - | - | - | - | - | - | - | - | - | |
9905 |
3,829 | 7,680 | 7,498 | 7,564 | -1,267 | 1,829 | -373 | 16,193 | 8,408 | 9,250 | -18,037 | -10,954 | 2,407 | -4,899 | -3,040 | -317 | -3,778 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
21,992 | 18,163 | 10,483 | 2,984 | -4,580 | -3,313 | -5,142 | -4,769 | -20,962 | -29,370 | -38,620 | -20,583 | -9,628 | -12,035 | -7,136 | -4,096 | -3,778 | |
14P |
18,163 | 10,483 | 2,984 | -4,580 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 0.5 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | 1,718 | 1,759 | 1,687 | 1,710 | 433 | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 5 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 15-12-2025.
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 | 15-12-2025 | 2025-00581424 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00015770 | |
| 30-06-2023 | micro format | 08-01-2024 | 2024-00544670 | |
| 30-06-2022 | micro format | 06-02-2023 | 2023-00023168 | |
| 30-06-2021 | micro format | 22-12-2021 | 2021-81100072 | |
| 30-06-2020 | micro format | 21-12-2020 | 2020-76200266 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03100433 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03200056 | |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03100142 | |
| 30-06-2016 | abbreviated format | 25-01-2017 | 2017-01900035 | |
| 30-06-2015 | abbreviated format | 29-01-2016 | 2016-03100084 | |
| 30-06-2014 | abbreviated format | 30-01-2015 | 2015-02800205 | |
| 30-06-2013 | abbreviated format | 31-01-2014 | 2014-01900297 | |
| 30-06-2012 | abbreviated format | 01-03-2013 | 2013-05200098 | |
| 30-06-2011 | abbreviated format | 28-02-2012 | 2012-04600118 | |
| 30-06-2010 | abbreviated format | 22-12-2010 | 2010-64000160 | |
| 30-06-2009 | abbreviated format | 25-02-2010 | 2010-05200179 |
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,352 | 12,860 | 10,090 | 8,023 | -1,057 | 8,359 | 4,161 | 30,481 | 12,969 | 12,297 | -11,302 | -4,929 | 9,995 | 2,138 | 5,537 | 1,916 | -917 | ||
| 3,829 | 9,688 | 6,865 | 6,744 | -2,583 | 8,072 | 3,861 | 30,161 | 12,589 | 13,510 | -11,876 | -4,955 | 9,578 | 2,840 | 4,728 | 1,898 | -937 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 12,050 | 0 | 0 | 19,163 | 851 | 1,115 | 0 | 0 | 27,766 | 0 | 10,072 | ||
| 13,170 | -3,201 | 2,210 | 2,321 | -1,401 | 1,387 | -1,679 | 1,682 | -98 | 98 | -5 | - | - | - | - | -797 | - | ||
| 36,992 | 33,163 | 23,474 | 17,067 | 13,157 | 18,891 | 13,244 | 12,944 | -12,672 | -20,715 | -29,532 | -16,805 | -6,552 | -9,486 | -5,681 | -116 | -2,014 | ||
| 73.2% | 91.4% | 72.2% | 57.0% | 44.0% | 58.5% | 39.3% | 56.1% | -3.3% | -37.6% | -152.8% | -29.5% | 1.4% | -5.3% | 6.2% | 61.0% | 68.6% | ||
| 3.74 | 11.69 | 3.39 | 2.11 | 1.73 | 3.11 | 1.61 | 1.84 | 0.93 | 0.52 | 0.38 | 0.64 | 0.70 | 0.68 | 0.78 | 0.97 | 0.29 | ||
| 3.74 | 11.69 | 3.39 | 2.11 | 1.73 | 3.11 | 1.61 | 1.84 | 0.14 | 0.49 | 0.36 | 0.64 | 0.70 | 0.68 | 0.78 | 0.97 | 0.29 | ||
| 0.37 | 0.09 | 0.39 | 0.76 | 1.27 | 0.71 | 1.54 | 0.78 | - | - | - | - | - | - | 15.17 | 0.64 | 0.46 | ||
| 10.4% | 23.2% | 17.5% | 20.6% | -29.9% | 8.4% | -1.9% | 129.5% | - | - | - | - | - | - | -106.2% | -5.4% | -60.7% | ||
| 7.6% | 21.2% | 12.6% | 11.7% | -13.2% | 4.9% | -0.7% | 72.7% | 4.6% | 24.2% | -96.3% | -30.6% | 9.1% | -12.6% | -6.6% | -3.3% | -41.6% | ||
| 40.98 | 22.51 | 77.70 | 42.27 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Insights on CONTEXT+
The operating result for 2025 is 51% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 8.6% to 26.8%. Equity and debt are higher.