D+ (0480.180.187): financials and annual accounts

Annual accounts 2025

micro format, filed on 08-06-2026, 53 days before the deadline

€11

▼ 99.8%

-€777

▼ €4,900

-

92.3%

▲ 1.0 percentage points

14.15

▲ 1.71

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 ≈ €120. Estimated: probably between €43 and €250.

Money flows

no detail for 2025

Balance sheet

balance sheet total €80,681 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

92.3%

Higher than 95% of 22,917 companies in 2025.

14.15

Higher than 95% of 22,047 companies in 2025.

-3.2%

Higher than 26% of 22,197 companies in 2025.

D+ Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

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	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	80,681	84,394	116,895	93,471	83,868	80,232	64,113	66,753	77,085	52,545	38,449	29,485	24,618	38,682	54,712	41,234	48,870	92,880	46,760	89,209
`21/28`	3,822	3,822	3,822	3,822	3,822	3,822	8,660	13,557	17,219	4,309	3,924	3,787	3,789	558	4,215	7,331	9,741	12,890	800	1,376
`22/27`	-	-	-	-	-	-	4,839	9,735	13,398	488	324	187	189	558	4,215	7,331	9,741	12,890	800	1,376
`23`	-	-	-	-	-	-	-	58	115	173	231	-	189	379	568	757	-	-	-	-
`24`	-	-	-	-	-	-	4,839	9,677	13,282	315	94	187	-	180	3,647	6,574	9,741	12,890	800	1,376
`28`	3,822	3,822	3,822	3,822	3,822	3,822	3,822	3,822	3,822	3,822	3,600	3,600	3,600	-	-	-	-	-	-	-
`29/58`	76,860	80,573	113,074	89,650	80,047	76,410	55,453	53,196	59,866	48,236	34,524	25,698	20,829	38,124	50,498	33,903	39,129	79,989	45,960	87,833
`3`	20,110	32,709	30,905	30,236	35,297	30,299	20,080	18,021	15,378	14,069	7,647	5,014	5,224	23,496	32,247	23,727	31,460	30,095	33,755	49,935
`30/36`	20,110	32,709	30,905	30,236	35,297	30,299	20,080	18,021	15,378	14,069	7,647	5,014	5,224	23,496	32,247	23,727	31,460	30,095	33,755	49,935
`40/41`	41,332	43,573	69,258	39,323	36,149	33,501	34,404	34,250	39,709	27,724	19,792	15,928	12,699	10,451	14,582	7,160	4,212	43,024	5,013	17,730
`40`	96	-	28,397	-	373	-	-	4,941	10,035	3,301	3,222	7,052	2,699	185	3,250	1,997	330	36,986	1,291	14,008
`41`	41,236	43,573	40,862	39,323	35,776	33,501	34,404	29,309	29,674	24,423	16,570	8,877	10,000	10,266	11,332	5,164	3,882	6,038	3,722	3,722
`54/58`	15,332	4,290	12,910	20,091	8,539	12,479	866	759	3,669	5,944	6,512	4,369	2,244	4,178	2,227	2,383	3,457	6,870	7,192	19,907
`490/1`	87	-	-	-	62	132	102	166	1,111	499	573	386	662	-	1,442	632	-	-	-	261
Balance sheet: equity and liabilities
`10/49`	80,681	84,394	116,895	93,471	83,868	80,232	64,113	66,753	77,085	52,545	38,449	29,485	24,618	38,682	54,712	41,234	48,870	92,880	46,760	89,209
`10/15`	74,451	77,017	72,655	71,164	60,931	50,628	45,512	37,635	45,313	41,330	32,536	18,523	17,253	32,306	45,599	23,100	22,832	22,442	19,916	32,930
`10/11`	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`10`	-	-	25,000	25,000	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	-	-	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`13`	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	-	-
`130/1`	-	-	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	-	-
`133`	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	46,951	49,517	45,155	43,664	33,431	23,128	18,012	10,135	17,813	13,830	5,036	-8,977	-10,247	4,806	18,099	-4,400	-4,668	-5,058	-5,084	7,930
`17/49`	6,230	7,377	44,240	22,308	22,937	29,604	18,602	29,118	31,772	11,215	5,913	10,962	7,365	6,376	9,113	18,134	26,038	70,437	26,844	56,279
`17`	-	-	-	-	4,666	10,759	4,885	8,596	12,220	-	-	-	-	-	-	7,231	11,232	11,232	-	-
`170/4`	-	-	-	-	4,666	10,759	4,885	8,596	12,220	-	-	-	-	-	-	7,231	11,232	11,232	-	-
`42/48`	5,430	6,474	42,440	21,508	17,471	18,045	12,917	19,722	18,752	9,415	5,113	10,162	6,435	6,376	9,113	10,903	14,806	59,205	26,844	56,279
`42`	-	1,187	-	4,666	6,092	8,720	3,711	3,625	3,540	-	-	-	-	-	3,047	-	62	3,722	-	-
`44`	1,293	579	31,469	3,396	5,612	4,781	4,410	4,891	10,778	4,776	3,713	8,258	1,233	1,021	2,386	5,259	7,273	16,725	1,496	26,839
`440/4`	1,293	579	31,469	3,396	5,612	4,781	4,410	4,891	10,778	4,776	3,713	8,258	1,233	1,021	2,386	5,259	7,273	16,725	1,496	26,839
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000
`45`	4,137	4,708	10,971	13,446	5,767	4,544	2,196	2,606	4,433	4,639	1,400	1,905	5,202	5,355	3,680	5,645	2,756	5,332	4,021	274
`450/3`	4,137	4,708	6,570	10,927	4,940	2,611	678	1,088	2,915	3,122	1,400	1,905	5,202	5,355	3,680	5,645	2,756	3,064	1,753	274
`454/9`	-	-	4,401	2,519	826	1,933	1,518	1,518	1,518	1,518	-	-	-	-	-	-	-	2,268	2,268	-
`47/48`	-	-	-	-	-	-	2,600	8,600	-	-	-	-	-	-	-	-	4,716	33,426	21,327	25,166
`492/3`	800	903	1,800	800	800	800	800	800	800	1,800	800	800	930	-	-	-	-	-	-	-
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114,412
`76A`	5,000	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	-	-	-	-
`9900`	11	5,092	4,424	19,862	17,979	18,985	16,378	-3,053	8,130	8,547	14,508	1,832	-5,076	10,768	49,139	14,958	6,224	25,315	-9,685	8,635
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	106,071
`62`	-	19	2,413	6,169	5,316	10,416	4,082	-	-	-	-	-	-	-	-	-	200	-	-	-
`630`	-	-	-	-	-	4,839	4,896	5,054	4,590	309	151	283	369	3,656	3,656	3,356	3,512	3,742	576	5,225
`631/4`	-	-	375	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	-	-	-
`640/8`	789	950	669	1,008	496	521	642	811	596	542	606	719	1,128	2,293	882	904	2,192	1,320	1,795	1,860
`9901`	-777	4,123	968	12,685	12,167	3,209	6,758	-8,918	2,945	7,696	13,751	830	-6,573	4,818	39,601	10,698	321	20,253	-12,056	1,550
`75/76B`	2,270	2,823	2,396	2,536	2,322	3,459	2,724	2,370	2,327	1,835	985	554	590	669	783	3,338	1,227	14	47	1,378
`75`	2,270	2,823	2,396	2,536	2,322	3,459	2,724	2,370	2,327	1,835	985	554	590	669	783	3,338	1,227	14	47	1,378
`65/66B`	4,058	1,118	1,349	2,091	1,321	1,194	1,307	1,134	1,098	737	722	114	1,775	1,230	577	768	1,156	741	389	265
`65`	4,058	1,118	1,349	2,091	1,321	1,194	1,307	1,134	1,098	737	722	114	1,775	1,230	577	768	1,156	741	389	265
`9903`	-2,566	5,828	2,014	13,130	13,168	5,474	8,174	-7,682	4,173	8,794	14,014	1,270	-7,758	9,257	39,808	13,269	392	19,526	-12,398	2,663
`67/77`	-	1,466	523	2,898	2,866	358	298	-4	190	-	1	1	7,295	-	2,309	-2,000	3	2,000	617	647
`9904`	-2,566	4,362	1,492	10,233	10,303	5,117	7,876	-7,678	3,983	8,794	14,013	1,270	-15,053	9,257	37,499	15,269	389	17,526	-13,015	2,016
`9905`	-2,566	4,362	1,492	10,233	10,303	5,117	7,876	-7,678	3,983	8,794	14,013	1,270	-15,053	9,257	37,499	15,269	389	17,526	-13,015	2,016
Appropriation of the result
`9906`	46,951	49,517	45,155	43,664	33,431	23,128	18,012	10,135	17,813	13,830	5,036	-8,977	-10,247	27,356	33,099	10,600	-4,668	9,942	-5,084	7,930
`14P`	49,517	45,155	43,664	33,431	23,128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	22,550	15,000	15,000	-	15,000	-	-
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,000	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	22,550	-	15,000	-	15,000	-	-
Social balance sheet
`9087`	-	-	1	1	1	0.5	0.2	-	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	241	241	248	736	412	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 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 08-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	08-06-2026	2026-00153048	PDF
31-12-2024	micro format	26-05-2025	2025-00105364	PDF
31-12-2023	micro format	04-07-2024	2024-00216448	PDF
31-12-2022	micro format	28-07-2023	2023-00289523	PDF
31-12-2021	micro format	01-08-2022	2022-20253871	PDF
31-12-2020	micro format	25-08-2021	2021-55800311	PDF
31-12-2019	micro format	03-07-2020	2020-28700324	PDF
31-12-2018	micro format	30-07-2019	2019-42000004	PDF
31-12-2017	micro format	27-08-2018	2018-50400373	PDF
31-12-2016	full format	04-08-2017	2017-41300437	PDF
31-12-2015	full format	27-07-2016	2016-35900152	PDF
31-12-2014	full format	22-07-2015	2015-33200298	PDF
31-12-2013	full format	22-08-2014	2014-45600286	PDF
31-12-2012	full format	20-11-2013	2013-66400007	PDF
31-12-2011	full format	30-08-2012	2012-51000341	PDF
31-12-2010	abbreviated format	31-08-2011	2011-50800415	PDF
31-12-2009	abbreviated format	20-09-2010	2010-54700600	PDF
31-12-2008	full format	25-08-2009	2009-64000258	PDF
31-12-2007	full format	19-08-2008	2008-58100320	PDF
31-12-2006	full format	28-08-2007	2007-64900339	PDF
31-12-2005	full format	26-07-2006	2006-53602159	PDF
31-12-2004	full format	28-09-2005	2005-73203857	PDF
31-12-2003	full format	28-07-2004	2004-52403377	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-	-	-	-	-	8,048	11,654	-3,864	7,535	8,004	13,902	1,113	-6,204	8,474	43,257	14,054	3,833	23,995	-11,480	6,775
-	-	-	-	-	9,956	12,773	-2,624	8,573	9,102	14,165	1,553	-14,684	12,913	41,155	18,624	3,901	21,268	-12,439	7,241
-	-	-	-	-	0	0	1,391	17,500	693	288	281	3,600	0	539	947	362	15,832	702	5,703
11,041	-8,620	-7,181	11,553	-3,940	11,613	107	-2,909	-2,275	-568	2,143	2,125	-1,934	1,951	-156	-1,073	-3,414	-322	-12,715	-
71,430	74,099	70,634	68,142	62,576	58,366	42,536	33,474	41,114	38,820	29,411	15,535	14,394	31,748	41,385	22,999	24,323	20,784	19,116	31,554
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.4%
92.3%	91.3%	62.2%	76.1%	72.7%	63.1%	71.0%	56.4%	58.8%	78.7%	84.6%	62.8%	70.1%	83.5%	83.3%	56.0%	46.7%	24.2%	42.6%	36.9%
14.15	12.45	2.66	4.17	4.58	4.23	4.29	2.70	3.19	5.12	6.75	2.53	3.24	5.98	5.54	3.11	2.64	1.35	1.71	1.56
10.45	7.39	1.94	2.76	2.56	2.56	2.74	1.78	2.37	3.63	5.26	2.04	2.43	2.29	2.00	0.93	0.52	0.84	0.45	0.67
0.08	0.10	0.61	0.31	0.38	0.58	0.41	0.77	0.70	0.27	0.18	0.59	0.43	0.20	0.20	0.79	1.14	3.14	1.35	1.71
-3.4%	5.7%	2.1%	14.4%	16.9%	10.1%	17.3%	-20.4%	8.8%	21.3%	43.1%	6.9%	-87.2%	28.7%	82.2%	66.1%	1.7%	78.1%	-65.3%	6.1%
-3.2%	5.2%	1.3%	10.9%	12.3%	6.4%	12.3%	-11.5%	5.2%	16.7%	36.4%	4.3%	-61.1%	23.9%	68.5%	37.0%	0.8%	18.9%	-27.8%	2.3%
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45 days
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92 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.

Social balance sheet

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1
part-time	1	1	1
in full-time equivalents	0.5	0.5	0.5
	0.5	0.5	0.5
On a permanent contract	1	1	1

Source: social balance sheet in the 2021 to 2023 annual accounts

Insights on D+

The operating result for 2025 is a loss of €777, after a profit of €4,123 in 2024. It is the lowest result since 2018.

Debt's share of the balance-sheet total falls from 8.7% to 7.7%. Equity and debt are lower.

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency92.3%

Current ratio14.15

Return on assets-3.2%

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Insights on D+

Next steps

in euro

in euro

92.3%

14.15

-3.2%