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Annual accounts 2025
micro format, filed on 22-10-2026, 83 days lateBalance sheet
balance sheet total €892,729 on 31-12-2025in euro
in euro
Position in the sector
57.2%
Higher than 48% of 21,205 companies in 2025.
2.02
Higher than 43% of 20,568 companies in 2025.
2.7%
Higher than 22% of 20,743 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
€39,140
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
892,729 | 977,230 | 756,121 | 274,126 | 174,264 | 96,937 | 66,515 | |
21/28 |
593,222 | 602,424 | 552,156 | 47,846 | 19,587 | 26,377 | 23,563 | |
21 |
- | 0 | 0 | 2,000 | 4,000 | 8,000 | - | |
22/27 |
91,222 | 100,424 | 50,156 | 45,846 | 15,587 | 18,377 | 23,413 | |
22 |
86,683 | 91,299 | 35,767 | 37,204 | - | - | - | |
23 |
423 | 695 | 1,069 | 559 | - | - | - | |
24 |
4,116 | 8,430 | 13,319 | 8,083 | 15,587 | 18,377 | 23,413 | |
28 |
502,000 | 502,000 | 502,000 | - | - | 0 | 150 | |
29/58 |
299,507 | 374,806 | 203,965 | 226,281 | 154,677 | 70,560 | 42,953 | |
40/41 |
44,295 | 135,638 | 116,571 | 182,727 | 130,609 | 33,402 | 4,077 | |
40 |
33,578 | 124,824 | 88,823 | 163,215 | 125,526 | 24,048 | 3,870 | |
41 |
10,717 | 10,814 | 27,749 | 19,511 | 5,082 | 9,354 | 207 | |
54/58 |
239,938 | 238,135 | 84,450 | 41,675 | 22,257 | 36,929 | 38,693 | |
490/1 |
15,274 | 1,033 | 2,944 | 1,879 | 1,812 | 229 | 182 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
892,729 | 977,230 | 756,121 | 274,126 | 174,264 | 96,937 | 66,515 | |
10/15 |
510,812 | 486,516 | 254,697 | 169,431 | 132,508 | 37,589 | 22,227 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,026 | |
130/1 |
- | 0 | 0 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,026 | |
1311 |
- | 0 | 0 | 1,860 | 1,860 | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | |
14 |
502,752 | 478,456 | 246,637 | 161,371 | 124,448 | 29,529 | 15,000 | |
17/49 |
381,917 | 490,714 | 501,425 | 104,695 | 41,756 | 59,348 | 44,288 | |
17 |
213,684 | 269,533 | 323,350 | - | 0 | 7,588 | 14,456 | |
170/4 |
213,684 | 269,533 | 323,350 | - | 0 | 7,588 | 14,456 | |
42/48 |
148,154 | 221,180 | 178,075 | 104,695 | 41,756 | 51,761 | 29,832 | |
42 |
55,850 | 58,063 | 55,813 | 0 | 589 | 6,868 | 6,740 | |
44 |
72,785 | 102,469 | 60,365 | 48,296 | 3,316 | 18,881 | 2,883 | |
440/4 |
72,785 | 102,469 | 60,365 | 48,296 | 3,316 | 18,881 | 2,883 | |
45 |
19,519 | 60,648 | 61,897 | 56,399 | 37,851 | 13,565 | 10,057 | |
450/3 |
6,724 | 49,631 | 60,923 | 56,399 | 37,851 | 13,565 | 10,057 | |
454/9 |
12,795 | 11,017 | 975 | - | - | - | - | |
47/48 |
- | - | 0 | 0 | 0 | 12,447 | 10,152 | |
492/3 |
20,079 | - | - | - | - | - | - | |
| Income statement | ||||||||
70 |
- | - | 0 | 0 | 0 | - | - | |
9900 |
101,476 | 387,662 | 146,812 | 76,395 | 124,596 | 39,440 | 39,573 | |
60/61 |
- | - | 0 | 0 | 0 | - | - | |
62 |
39,140 | 41,688 | 8,622 | - | - | - | - | |
630 |
9,202 | 8,234 | 8,679 | 11,189 | 10,647 | 8,644 | 7,126 | |
640/8 |
- | 1,420 | 34 | 1,025 | 1,540 | 1,581 | 1,941 | |
66A |
63 | 325 | 1,776 | 950 | 350 | - | - | |
9901 |
53,071 | 335,996 | 127,701 | 63,230 | 112,059 | 29,216 | 30,507 | |
75/76B |
- | 475 | 241 | 220 | - | 1 | - | |
75 |
- | 475 | 241 | 220 | - | 1 | - | |
65/66B |
23,722 | 15,642 | 7,940 | 287 | 206 | 362 | 1,708 | |
65 |
8,831 | 15,642 | 7,940 | 287 | 206 | 362 | 1,708 | |
66B |
14,891 | - | - | - | - | - | - | |
9903 |
29,349 | 320,828 | 120,002 | 63,163 | 111,853 | 28,855 | 28,799 | |
67/77 |
5,053 | 89,009 | 34,736 | 26,239 | 31,404 | 5,293 | 8,272 | |
9904 |
24,296 | 231,819 | 85,265 | 36,923 | 80,448 | 23,562 | 20,527 | |
9905 |
24,296 | 231,819 | 85,265 | 36,923 | 80,448 | 23,562 | 20,527 | |
| Appropriation of the result | ||||||||
9906 |
502,752 | 478,456 | 246,637 | 161,371 | 124,448 | 38,562 | 20,527 | |
14P |
478,456 | 246,637 | 161,371 | 124,448 | 43,999 | - | - | |
791/2 |
- | - | 1,860 | - | - | - | - | |
691/2 |
- | - | 1,860 | - | - | 834 | 1,026 | |
6920 |
- | - | - | - | - | 834 | 1,026 | |
6921 |
- | - | 1,860 | - | - | - | - | |
694/7 |
- | - | - | - | - | 8,200 | 4,500 | |
695 |
- | - | - | - | - | 8,200 | 4,500 | |
| Social balance sheet | ||||||||
9087 |
1 | 1 | 0.3 | - | - | - | - | |
Hours worked1013 |
1,554 | 1,832 | 464 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 83 days after the deadline. Filed on 22 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00566065.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-10-2026 | 2026-00566065 | |
| 31-12-2024 | micro format | 27-09-2025 | 2025-00523460 | |
| 31-12-2023 | micro format | 02-12-2024 | 2024-00612401 | |
| 31-12-2022 | micro format | 03-06-2024 | 2024-00105522 | |
| 31-12-2021 | micro format | 31-01-2023 | 2023-00023004 | |
| 31-12-2019 | full format | 09-11-2020 | 2020-69700191 | |
| 31-12-2018 | full format | 28-08-2019 | 2019-55800490 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| 62,273 | 344,230 | 136,381 | 74,419 | 122,707 | 37,859 | 37,632 | ||
| 33,498 | 240,054 | 93,945 | 48,113 | 91,096 | 32,206 | 27,652 | ||
| 0 | 58,503 | 512,990 | 39,448 | 4,688 | 11,608 | 30,688 | ||
| 1,803 | 153,685 | 42,775 | 19,418 | - | -1,764 | - | ||
| 151,353 | 153,625 | 25,890 | 121,586 | 112,921 | 18,799 | 13,120 | ||
| 57.2% | 49.8% | 33.7% | 61.8% | 76.0% | 38.8% | 33.4% | ||
| 2.02 | 1.69 | 1.15 | 2.16 | 3.70 | 1.36 | 1.44 | ||
| 0.75 | 1.01 | 1.97 | 0.62 | 0.32 | 1.58 | 1.99 | ||
| 4.8% | 47.6% | 33.5% | 21.8% | 60.7% | 62.7% | 92.4% | ||
| 2.7% | 23.7% | 11.3% | 13.5% | 46.2% | 24.3% | 30.9% | ||
| 7.05 | 22.01 | 17.18 | over 100 | over 100 | - | - |
EBIT margin: not included in this filing.
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | - | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| 1 | 1 | 0.3 | |
| On a permanent contract | 1 | 1 | - |
| Joined | - | 1 | 1 |
| Left | - | 1 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €58,503 | €10,990 | €39,448 | €4,688 |
| Intangible fixed assets | - | €0 | €0 | €0 | €0 |
| Financial fixed assets | - | - | €502,000 | - | - |
| €9,202 | €8,234 | €8,679 | €11,189 | €10,647 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Ctrl S
The operating result for 2025 is 84% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total falls from 50.2% to 42.8%. Equity is higher and debt is lower.