Financials · financial year 2025, full format
2025 annual accounts filed 27 days after the deadline Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00046914.
Annual accounts 2025 filed on 27-02-2026 at the NBB
Equity
€12.7m
Net result
-€486,707
Total assets
€33.9m
Solvency
37.5%
Balance-sheet composition
Assets €33.9m
Fixed assets
€30.1m
Current assets
€3.8m
Equity and liabilities €33.9m
Equity
€12.7m
Debt
€21.2m
Debt's share of the balance-sheet total is 62.5%.
Key figures and ratios
ROE
-3.8%
ROA
-1.4%
Debt ≤ 1 year
€5.4m
Debt > 1 year
€15.6m
Investments
| Item | 30-06-2025 |
|---|---|
| Financial fixed assets | €30.1m |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Operating income70/76A | €1.4m |
| Turnover70 | €1.4m |
| Operating charges60/66A | €1.3m |
| Services and other goods61 | €0.6m |
| Other operating charges640/8 | €447 |
| Non-recurring operating charges66A | €0.7m |
| Operating profit (loss)9901 | €0.1m |
| Financial income75/76B | €0.07m |
| Recurring financial income75 | €0.07m |
| Other financial income752/9 | €0.07m |
| Financial charges65/66B | €0.7m |
| Recurring financial charges65 | €0.7m |
| Debt charges650 | €0.6m |
| Other financial charges652/9 | €0.02m |
| Profit (loss) for the period before taxes9903 | -€0.5m |
| Profit (loss) for the period9904 | -€0.5m |
| Profit (loss) for the period to be appropriated9905 | -€0.5m |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €33.9m | |
| Fixed assets21/28 | €30.1m | |
| Financial fixed assets28 | €30.1m | |
| Affiliated companies280/1 | €30.1m | |
| Participating interests280 | €30.1m | |
| Current assets29/58 | €3.8m | |
| Amounts receivable within one year40/41 | €3.8m | |
| Trade receivables40 | €1.5m | |
| Other amounts receivable41 | €2.3m | |
| Cash at bank and in hand54/58 | €0.001m | |
| Deferred charges and accrued income490/1 | €0.004m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €33.9m | |
| Equity10/15 | €12.7m | |
| Contributions10/11 | €13.2m | |
| Profit (loss) carried forward14 | -€0.5m | |
| Amounts payable17/49 | €21.2m | |
| Amounts payable after more than one year17 | €15.6m | |
| Financial debts170/4 | €15.6m | |
| Credit institutions173 | €11.2m | |
| Other loans174 | €4.4m | |
| Amounts payable within one year42/48 | €5.4m | |
| Current portion of amounts payable after more than one year42 | €1.2m | |
| Financial debts43 | €0.03m | |
| Credit institutions430/8 | €0.03m | |
| Trade debts44 | €1.0m | |
| Suppliers440/4 | €1.0m | |
| Taxes, remuneration and social security45 | €0.01m | |
| Taxes450/3 | €0.01m | |
| Other amounts payable47/48 | €3.1m | |
| Accrued charges and deferred income492/3 | €0.2m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€486,707 |
| Operating cash flow (approximation) | -€486,707 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | full format | 27-02-2026 | 2026-00046914 |