CORNER CODE
InactiveFinancials · financial year 2025, micro format
Equity
€61,380▲ 73.5%
2024 · €35,374
Total assets
€71,748▲ 53.0%
2024 · €46,881
Net result
€26,006▼ 17.1%
2024 · €31,374
Working capital
€61,185▲ 74.7%
2024 · €35,021
Trend over the years
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 4% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€38,702
2025
Net result€26,006
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€71,748
2025
Equity€61,380
2025
Debt€10,367
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€61,185
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€40,440-€38,702▼ 4.3%
Net result€31,374-€26,006▼ 17.1%
Equity€35,374-€61,380▲ 73.5%
Total assets€46,881-€71,748▲ 53.0%
Debt€11,507-€10,367▼ 9.9%
Working capital€35,021-€61,185▲ 74.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71,748
Fixed assets
€2,595 ▲ 1,976%
Current assets
€69,153 ▲ 48.6%
Equity and liabilities €71,748
Equity
€61,380 ▲ 73.5%
Debt
€10,367 ▼ 9.9%
Debt's share of the balance-sheet total falls from 24.5% to 14.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39,341▼
2024 · €41,512
Cash flow
€26,646▼
2024 · €32,446
Current ratio
8.68▲
2024 · 4.04
Debt to equity
0.17▼
2024 · 0.33
ROE
42.4%▼
2024 · 88.7%
ROA
36.2%▼
2024 · 66.9%
Interest coverage
16.02▼
2024 · 52.23
Debt ≤ 1 year
€7,967▼
2024 · €11,507
Income taxes
€10,239▲
2024 · €8,286
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,072 | €640 | ▼ 40.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €20,594 | - |
| Other operating charges640/8 | €66 | €0 | ▼ 100% |
| Gross operating margin9900 | €41,578 | €59,935 | ▲ 44.2% |
| Operating profit (loss)9901 | €40,440 | €38,702 | ▼ 4.3% |
| Financial income75/76B | €15 | €0 | ▼ 99.3% |
| Recurring financial income75 | €15 | €0 | ▼ 99.3% |
| Financial charges65/66B | €795 | €2,456 | ▲ 209% |
| Recurring financial charges65 | €795 | €2,456 | ▲ 209% |
| Profit (loss) for the period before taxes9903 | €39,660 | €36,245 | ▼ 8.6% |
| Income taxes67/77 | €8,286 | €10,239 | ▲ 23.6% |
| Profit (loss) for the period9904 | €31,374 | €26,006 | ▼ 17.1% |
| Profit (loss) for the period to be appropriated9905 | €31,374 | €26,006 | ▼ 17.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €46,881 | €71,748 | ▲ 53.0% |
| Formation expenses20 | €228 | €0 | ▼ 100% |
| Fixed assets21/28 | €125 | €2,595 | ▲ 1,976% |
| Tangible fixed assets22/27 | - | €2,595 | - |
| Furniture and vehicles24 | - | €2,595 | - |
| Financial fixed assets28 | €125 | €0 | ▼ 100% |
| Current assets29/58 | €46,528 | €69,153 | ▲ 48.6% |
| Amounts receivable within one year40/41 | €15,881 | €25,157 | ▲ 58.4% |
| Trade receivables40 | €15,881 | €24,198 | ▲ 52.4% |
| Other amounts receivable41 | - | €959 | - |
| Cash at bank and in hand54/58 | €29,705 | €43,010 | ▲ 44.8% |
| Deferred charges and accrued income490/1 | €942 | €985 | ▲ 4.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €46,881 | €71,748 | ▲ 53.0% |
| Equity10/15 | €35,374 | €61,380 | ▲ 73.5% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Reserves13 | €31,374 | €57,380 | ▲ 82.9% |
| Distributable reserves133 | €31,374 | €57,380 | ▲ 82.9% |
| Amounts payable17/49 | €11,507 | €10,367 | ▼ 9.9% |
| Amounts payable within one year42/48 | €11,507 | €7,967 | ▼ 30.8% |
| Trade debts44 | €2,783 | €75 | ▼ 97.3% |
| Suppliers440/4 | €2,783 | €75 | ▼ 97.3% |
| Taxes, remuneration and social security45 | €8,724 | €7,892 | ▼ 9.5% |
| Taxes450/3 | €8,724 | €7,892 | ▼ 9.5% |
| Accrued charges and deferred income492/3 | - | €2,400 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €31,374 | €26,006 | ▼ 17.1% |
| + Depreciation and write-downs630 | €1,072 | €640 | ▼ 40.3% |
| Operating cash flow (approximation) | €32,446 | €26,646 | ▼ 17.9% |
| Investment in fixed assets (approximation) | - | -€3,110 | - |
| Change in cash | - | €13,305 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00341651 |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00314368 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.