Equity
COTEX has made a profit without a break since 2014.
COTEX has made a profit without a break since 2014.
Green is investment, beige is depreciation.
The last five annual accounts were filed 3 to 21 days before the end of the period.
In July 2024, 31,386 companies had the same profile as COTEX has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for COTEX. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| COTEX Ghent | €311,724 | €44,815 | 72.6% | - |
| MANNENS HILDE - BUSSCHAERT LIEVEN Tielt | €332,641 | €41,290 | 89.1% | - |
| AXIS MUNDI Ixelles | €320,016 | €36,629 | 88.9% | - |
| STUDIO D.M.C. Lanaken | €277,626 | €35,642 | 95.7% | - |
| MODES KADARIN Hasselt | €354,383 | €48,260 | 44.8% | - |
| IDEAL Deinze | €396,765 | €55,249 | 56.6% | 1.3 |
| BRONX Ninove | €309,366 | €46,662 | 90.2% | - |
These companies have the same main activity as COTEX: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €278,000 and €397,000, founded between 1982 and 1992.
COTEX files the micro format. That format states no turnover. The gross margin rose from €17,220 in 2007 to €44,815 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €200,000. Estimated: probably between €110,000 and €370,000.
Higher than 82% of 25,281 companies in 2025.
Higher than 77% of 24,285 companies in 2025.
Higher than 61% of 24,474 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
311,724 | 282,657 | 293,431 | 289,045 | 283,820 | 277,465 | 269,440 | 258,022 | 262,666 | 267,511 | 270,197 | 279,287 | 291,969 | 295,484 | 283,226 | 271,713 | 269,191 | 279,018 | 304,468 | |
21/28 |
45,184 | 33,627 | 38,000 | 44,420 | 50,840 | 57,239 | 44,571 | 47,791 | 50,910 | 54,130 | 60,271 | 66,412 | 72,591 | 78,732 | 70,266 | 77,099 | 78,514 | 87,197 | 95,880 | |
22/27 |
45,084 | 33,527 | 37,900 | 44,320 | 50,740 | 57,139 | 44,471 | 47,691 | 50,910 | 54,130 | 60,271 | 66,412 | 72,553 | 78,694 | 70,229 | 77,062 | 78,477 | 87,160 | 95,843 | |
22 |
31,388 | 33,527 | 35,665 | 37,803 | 39,942 | 42,059 | 44,471 | 47,691 | 50,910 | 54,130 | 57,350 | 60,569 | 63,789 | 67,009 | 70,229 | 70,670 | 65,692 | 67,982 | 70,273 | |
24 |
13,695 | 0 | 2,235 | 6,516 | 10,798 | 15,080 | - | - | - | - | 2,921 | 5,843 | 8,764 | 11,686 | - | 6,393 | 12,785 | 19,178 | 25,570 | |
28 |
100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | - | - | - | - | 37 | 37 | 37 | 37 | 37 | 37 | 37 | |
29/58 |
266,540 | 249,031 | 255,431 | 244,625 | 232,980 | 220,226 | 224,869 | 210,231 | 211,755 | 213,381 | 209,926 | 212,875 | 219,378 | 216,752 | 212,960 | 194,613 | 190,677 | 191,820 | 208,588 | |
3 |
80,736 | 100,611 | 141,850 | 142,966 | 144,329 | 169,985 | 179,993 | 188,902 | 187,809 | 191,645 | 202,362 | 203,896 | 201,594 | 198,003 | 201,106 | 181,676 | 187,896 | 188,486 | 201,435 | |
30/36 |
80,736 | 100,611 | 141,850 | 142,966 | 144,329 | 169,985 | 179,993 | 188,902 | 187,809 | 191,645 | 202,362 | 203,896 | 201,594 | 198,003 | 201,106 | 181,676 | 187,896 | 188,486 | 201,435 | |
40/41 |
313 | 1,064 | 376 | 302 | 2,009 | 4,604 | 5,343 | 8,367 | 3,096 | 5,964 | - | 1,716 | 6,027 | 3,235 | 752 | 1,566 | - | 20 | 1,691 | |
40 |
- | - | - | - | 1,946 | 3,865 | 3,186 | 7,157 | 3,025 | 5,964 | - | 1,672 | 6,027 | 3,235 | 752 | 1,566 | - | 20 | 1,691 | |
41 |
313 | 1,064 | 376 | 302 | 63 | 739 | 2,157 | 1,210 | 71 | - | - | 44 | - | - | - | - | - | - | - | |
50/53 |
115,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
67,885 | 144,756 | 109,907 | 98,951 | 84,658 | 42,823 | 37,618 | 12,962 | 20,850 | 8,510 | - | - | 4,378 | 6,991 | 3,838 | 2,559 | 2,555 | 2,407 | 3,043 | |
490/1 |
2,607 | 2,600 | 3,298 | 2,406 | 1,983 | 2,814 | 1,915 | - | - | 7,263 | 7,563 | 7,263 | 7,379 | 8,523 | 7,263 | 8,812 | 226 | 908 | 2,419 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
311,724 | 282,657 | 293,431 | 289,045 | 283,820 | 277,465 | 269,440 | 258,022 | 262,666 | 267,511 | 270,197 | 279,287 | 291,969 | 295,484 | 283,226 | 271,713 | 269,191 | 279,018 | 304,468 | |
10/15 |
226,315 | 204,714 | 205,021 | 188,355 | 172,692 | 153,203 | 136,957 | 124,383 | 116,598 | 111,291 | 110,954 | 110,202 | 107,428 | 108,919 | 108,072 | 111,742 | 121,815 | 119,678 | 119,413 | |
10/11 |
40,000 | 40,000 | 40,000 | 40,000 | 40,000 | - | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 39,663 | |
100 |
- | - | - | - | - | - | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 39,663 | |
11 |
- | - | - | - | - | 40,000 | - | - | - | - | - | - | - | - | - | - | - | - | 260 | |
1100/10 |
- | - | - | - | - | 40,000 | - | - | - | - | - | - | - | - | - | - | - | - | 260 | |
13 |
186,220 | 164,620 | 164,928 | 148,262 | 132,599 | 113,119 | 96,874 | 84,300 | 76,300 | 69,300 | 69,000 | 69,000 | 66,923 | 70,923 | 70,923 | 70,923 | 101,923 | 101,923 | 101,966 | |
130/1 |
- | - | - | - | 4,000 | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 3,966 | |
1311 |
- | - | - | - | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
186,220 | 164,620 | 164,928 | 148,262 | 128,599 | 109,119 | 92,874 | 80,300 | 72,300 | 65,300 | 65,000 | 65,000 | 62,923 | 66,923 | 66,923 | 66,923 | 97,923 | 97,923 | 98,000 | |
14 |
95 | 94 | 94 | 93 | 93 | 84 | 83 | 83 | 298 | 1,991 | 1,954 | 1,202 | 505 | -2,003 | -2,851 | 819 | -20,108 | -22,245 | -22,476 | |
17/49 |
85,409 | 77,943 | 88,410 | 100,690 | 111,128 | 124,262 | 132,483 | 133,638 | 146,067 | 156,220 | 159,243 | 169,084 | 184,541 | 186,565 | 175,153 | 159,971 | 147,376 | 159,340 | 185,055 | |
17 |
- | - | - | - | - | - | - | - | 8,896 | 19,264 | 29,307 | 39,035 | - | 6,284 | - | 5,273 | 17,460 | 35,419 | 59,182 | |
170/4 |
- | - | - | - | - | - | - | - | 8,896 | 19,264 | 29,307 | 39,035 | - | 6,284 | - | 5,273 | 17,460 | 35,419 | 59,182 | |
42/48 |
85,409 | 77,943 | 88,410 | 100,690 | 111,128 | 124,262 | 132,483 | 133,638 | 137,171 | 135,894 | 129,936 | 130,049 | 184,541 | 180,281 | 175,153 | 154,698 | 129,916 | 123,921 | 125,873 | |
42 |
- | - | - | - | - | - | - | 8,896 | 10,368 | 10,043 | 9,728 | 9,423 | 6,284 | 48,429 | 5,273 | 12,187 | 19,028 | 23,763 | 25,797 | |
43 |
50 | 80 | 97 | 50 | - | - | - | - | - | - | 3,642 | 14,121 | 18,727 | - | 55,082 | 32,602 | 26,069 | 15,664 | 48,766 | |
430/8 |
- | - | 0 | 50 | - | - | - | - | - | - | 3,642 | 14,121 | 18,727 | - | 55,082 | 32,602 | 26,069 | 15,664 | 48,766 | |
439 |
50 | 80 | 97 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
6,584 | 3,767 | 6,247 | 4,368 | 4,435 | 6,174 | 13,153 | 12,520 | 13,632 | 12,719 | 19,308 | 26,769 | 37,410 | 22,041 | 12,362 | 19,170 | 16,402 | 38,343 | 12,843 | |
440/4 |
6,584 | 3,767 | 6,247 | 4,368 | 4,435 | 6,174 | 13,153 | 12,520 | 13,632 | 12,719 | 19,308 | 26,769 | 37,410 | 22,041 | 12,362 | 19,170 | 16,402 | 38,343 | 12,843 | |
46 |
- | - | - | - | - | 1,500 | - | - | - | - | 318 | - | - | - | - | - | - | - | - | |
45 |
8,434 | 3,035 | 6,939 | 5,156 | 3,395 | 5,591 | 4,045 | 1,383 | 4,357 | 10,879 | 11,398 | 4,113 | 4,349 | 5,231 | 6,310 | 8,270 | 3,273 | 2,798 | 5,994 | |
450/3 |
8,434 | 3,035 | 6,939 | 5,156 | 3,395 | 4,173 | 4,045 | 1,383 | 4,357 | 10,879 | 11,398 | 4,113 | 4,349 | 5,231 | 6,310 | 8,270 | 3,273 | 2,798 | 5,994 | |
454/9 |
- | - | - | - | - | 1,417 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
70,342 | 71,061 | 75,127 | 91,117 | 103,297 | 110,997 | 115,284 | 110,839 | 108,814 | 102,252 | 85,541 | 75,623 | 117,771 | 104,580 | 96,127 | 82,468 | 65,145 | 43,353 | 32,473 | |
492/3 |
- | - | - | - | - | - | - | - | - | 1,063 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 297,811 | - | - | - | - | - | |
76A |
- | - | - | - | - | 1,240 | - | - | - | - | - | 161 | - | - | - | - | - | - | - | |
9900 |
44,815 | 29,615 | 37,105 | 37,684 | 40,242 | 32,043 | 26,409 | 18,582 | 17,975 | 17,495 | 18,123 | 18,506 | 12,927 | 14,262 | 13,546 | 10,867 | 20,747 | 24,164 | 17,220 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 288,462 | - | - | - | - | - | |
630 |
3,443 | 4,373 | 6,420 | 6,420 | 6,399 | 4,460 | 3,220 | 3,220 | 3,220 | 6,141 | 6,141 | 6,141 | 6,141 | 6,141 | 10,406 | 11,186 | 8,683 | 8,683 | 9,066 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,601 | |
640/8 |
3,512 | 2,101 | 1,948 | 3,579 | 2,083 | 1,841 | 1,466 | 1,293 | 2,098 | 2,321 | 2,441 | 2,116 | 2,079 | 3,149 | 850 | 1,722 | 1,720 | 6,969 | 9,051 | |
9901 |
37,860 | 23,141 | 28,737 | 27,685 | 31,761 | 25,742 | 21,723 | 14,070 | 12,657 | 9,032 | 9,541 | 10,249 | 4,707 | 4,972 | 2,290 | -2,041 | 10,344 | 8,512 | -16,498 | |
75/76B |
707 | 80 | 136 | 1 | 3 | 444 | 73 | - | 109 | 125 | 97 | 2,316 | 2,887 | 3,978 | 4,444 | 3,845 | 2,464 | 2,070 | 2,995 | |
75 |
707 | 80 | 136 | 1 | 3 | 444 | 73 | - | 109 | 125 | 97 | 2,316 | 2,887 | 3,978 | 4,444 | 3,845 | 2,464 | 2,070 | 2,995 | |
65/66B |
6,106 | 5,783 | 5,308 | 5,470 | 5,471 | 5,552 | 7,070 | 6,141 | 7,230 | 8,642 | 8,710 | 9,780 | 9,019 | 8,026 | 10,404 | 11,875 | 10,670 | 10,317 | 10,169 | |
65 |
6,106 | 5,783 | 5,308 | 5,470 | 5,471 | 5,552 | 7,070 | 6,141 | 7,230 | 8,642 | 8,710 | 9,780 | 9,019 | 8,026 | 10,404 | 11,875 | 10,670 | 10,317 | 10,169 | |
9903 |
32,461 | 17,438 | 23,566 | 22,216 | 26,292 | 20,634 | 14,726 | 7,929 | 5,537 | 515 | 927 | 2,946 | -1,425 | 923 | -3,670 | -10,071 | 2,139 | 265 | -23,672 | |
67/77 |
10,860 | 5,171 | 6,900 | 6,553 | 6,803 | 4,388 | 2,153 | 144 | 229 | 178 | 175 | 172 | 66 | 76 | - | 2 | 1 | - | 188 | |
9904 |
21,601 | 12,267 | 16,666 | 15,663 | 19,489 | 16,246 | 12,574 | 7,785 | 5,308 | 337 | 752 | 2,774 | -1,491 | 847 | -3,670 | -10,073 | 2,138 | 265 | -23,860 | |
9905 |
21,601 | 12,267 | 16,666 | 15,663 | 19,489 | 16,246 | 12,574 | 7,785 | 5,308 | 337 | 752 | 2,774 | -1,491 | 847 | -3,670 | -10,073 | 2,138 | 265 | -23,860 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
21,695 | 12,360 | 16,760 | 15,756 | 19,573 | 16,329 | 12,657 | 8,083 | 7,298 | 2,291 | 1,954 | 3,279 | -3,495 | -2,003 | -2,851 | -30,181 | -20,108 | -22,212 | -22,476 | |
14P |
94 | 94 | 93 | 93 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 12,574 | - | - | - | - | - | - | - | - | - | - | 4,000 | - | - | 31,000 | - | - | - | |
691/2 |
21,600 | 12,266 | 16,666 | 15,663 | 19,480 | 16,245 | 12,574 | 8,000 | 7,000 | 300 | - | 2,077 | - | - | - | - | - | 34 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34 | - | |
6921 |
21,600 | 12,266 | 16,666 | 15,663 | 19,480 | 16,245 | 12,574 | 8,000 | 7,000 | 300 | - | 2,077 | - | - | - | - | - | - | - | |
694/7 |
0 | 12,574 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
0 | 12,574 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 22 older financial years (1984-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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 28-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00019430 | |
| 30-06-2024 | micro format | 24-01-2025 | 2025-00010977 | |
| 30-06-2023 | micro format | 12-01-2024 | 2024-00002723 | |
| 30-06-2022 | micro format | 10-01-2023 | 2023-20556909 | |
| 30-06-2021 | micro format | 13-01-2022 | 2022-01000435 | |
| 30-06-2020 | micro format | 09-12-2020 | 2020-75400150 | |
| 30-06-2019 | micro format | 19-12-2019 | 2019-77200292 | |
| 30-06-2018 | micro format | 15-01-2019 | 2019-01200269 | |
| 30-06-2017 | micro format | 15-12-2017 | 2017-71800041 | |
| 30-06-2016 | abbreviated format | 12-01-2017 | 2017-01200378 | |
| 30-06-2015 | abbreviated format | 29-12-2015 | 2015-70500440 | |
| 30-06-2014 | abbreviated format | 11-12-2014 | 2014-68700345 | |
| 30-06-2013 | abbreviated format | 06-01-2014 | 2014-00100400 | |
| 30-06-2012 | abbreviated format | 24-01-2013 | 2013-01300097 | |
| 30-06-2011 | abbreviated format | 06-02-2012 | 2012-02500283 | |
| 30-06-2010 | abbreviated format | 15-02-2011 | 2011-03100235 | |
| 30-06-2009 | abbreviated format | 14-12-2009 | 2009-88400105 | |
| 30-06-2008 | abbreviated format | 11-12-2008 | 2008-84500256 | |
| 30-06-2007 | abbreviated format | 11-02-2008 | 2008-03900147 | |
| 30-06-2006 | abbreviated format | 14-12-2006 | 2006-90603039 | |
| 30-06-2005 | abbreviated format | 15-12-2005 | 2005-89403363 | |
| 30-06-2004 | abbreviated format | 20-12-2004 | 2004-86204790 | |
| 30-06-2003 | abbreviated format | 08-01-2004 | 2004-00603000 | |
| 30-06-2002 | abbreviated format | 18-03-2003 | 2003-07504390 | |
| 30-06-2001 | abbreviated format | 11-01-2002 | 2002-01104021 | |
| 30-06-2000 | abbreviated format | 16-01-2001 | 2001-01701205 | |
| 30-06-1999 | abbreviated format | 04-01-2000 | 2000-00300176 | |
| 30-06-1998 | abbreviated format | 18-01-1999 | 1999-01203622 | |
| 30-06-1997 | abbreviated format | 11-12-1997 | 1997-56400617 | |
| 31-12-1995 | abbreviated format | 30-08-1996 | 1996-42100743 | |
| 31-12-1994 | abbreviated format | 27-09-1995 | 1995-51100775 | |
| 31-12-1993 | abbreviated format | 26-09-1994 | 1994-40900258 | |
| 31-12-1992 | abbreviated format | 23-12-1993 | 1993-46900497 | |
| 31-12-1991 | abbreviated format | 19-03-1993 | 1993-03803140 | |
| 31-12-1990 | abbreviated format | 20-01-1992 | 1992-00900054 | |
| 31-12-1989 | abbreviated format | 31-12-1990 | 1990-30500125 | |
| 31-12-1988 | abbreviated format | 03-07-1989 | 1989-14304816 | |
| 31-12-1987 | abbreviated format | 16-11-1988 | 1988-23304015 | |
| 31-12-1986 | abbreviated format | 01-02-1988 | 1988-00800999 | |
| 31-12-1985 | abbreviated format | 18-09-1986 | 1986-38301824 | |
| 31-12-1984 | full format | 22-11-1985 | 1985-38201821 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41,303 | 27,514 | 35,157 | 34,105 | 38,159 | 30,202 | 24,943 | 17,290 | 15,877 | 15,173 | 15,682 | 16,390 | 10,848 | 11,113 | 12,696 | 9,145 | 19,027 | 17,195 | -7,432 | ||
| 25,044 | 16,640 | 23,087 | 22,083 | 25,888 | 20,705 | 15,793 | 11,005 | 8,527 | 6,478 | 6,893 | 8,916 | 4,650 | 6,988 | 6,735 | 1,113 | 10,820 | 8,947 | -14,794 | ||
| 15,000 | 100 | 0 | 0 | 0 | 17,128 | 0 | 100 | 0 | 0 | 0 | -37 | 0 | 14,607 | 3,572 | 9,771 | 0 | 0 | 31,963 | ||
| -76,871 | 34,849 | 10,956 | 14,293 | 41,835 | 5,205 | 24,657 | -7,888 | 12,341 | - | - | - | -2,613 | 3,153 | 1,278 | 5 | 148 | -636 | - | ||
| 181,131 | 171,088 | 167,022 | 143,935 | 121,852 | 95,964 | 92,386 | 76,593 | 74,584 | 77,487 | 79,990 | 82,825 | 34,837 | 36,471 | 37,806 | 39,916 | 60,761 | 67,899 | 82,715 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 1.7% | - | - | - | - | - | ||
| 72.6% | 72.4% | 69.9% | 65.2% | 60.8% | 55.2% | 50.8% | 48.2% | 44.4% | 41.6% | 41.1% | 39.5% | 36.8% | 36.9% | 38.2% | 41.1% | 45.3% | 42.9% | 39.2% | ||
| 3.12 | 3.20 | 2.89 | 2.43 | 2.10 | 1.77 | 1.70 | 1.57 | 1.54 | 1.57 | 1.62 | 1.64 | 1.19 | 1.20 | 1.22 | 1.26 | 1.47 | 1.55 | 1.66 | ||
| 2.18 | 1.90 | 1.28 | 1.01 | 0.80 | 0.40 | 0.34 | 0.16 | 0.17 | 0.16 | 0.06 | 0.07 | 0.10 | 0.10 | 0.07 | 0.08 | 0.02 | 0.03 | 0.06 | ||
| 0.38 | 0.38 | 0.43 | 0.53 | 0.64 | 0.81 | 0.97 | 1.07 | 1.25 | 1.40 | 1.44 | 1.53 | 1.72 | 1.71 | 1.62 | 1.43 | 1.21 | 1.33 | 1.55 | ||
| 9.5% | 6.0% | 8.1% | 8.3% | 11.3% | 10.6% | 9.2% | 6.3% | 4.6% | 0.3% | 0.7% | 2.5% | -1.4% | 0.8% | -3.4% | -9.0% | 1.8% | 0.2% | -20.0% | ||
| 6.9% | 4.3% | 5.7% | 5.4% | 6.9% | 5.9% | 4.7% | 3.0% | 2.0% | 0.1% | 0.3% | 1.0% | -0.5% | 0.3% | -1.3% | -3.7% | 0.8% | 0.1% | -7.8% | ||
| 6.76 | 4.76 | 6.62 | 6.23 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 4 days | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 28 days | - | - | - | - | - |
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.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €15,000 | - | - | - |
| Financial fixed assets | - | €100 | - | - |
| €3,443 | €4,373 | €6,420 | €6,420 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 64% higher than in 2024 and the highest since 2007. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 27.6% to 27.4%. Equity and debt are higher.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Piereputstraat 6 registered office 9031 Ghent | 01-01-1984 | 2.023.737.823 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44002B0040/00B003 | 1,379 m² | 1 · 255 m² | 14.0 m · 2 |
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