D & C
InactiveFinancials · financial year 2025, micro format
Equity
-€2.0m▼ 0.4%
2024 · -€2.0m
Total assets
€33,889▼ 23.5%
2024 · €44,296
Net result
-€7,401▲ 99.4%
2024 · -€1.3m
Working capital
€33,431▼ 23.8%
2024 · €43,887
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €8,851 in 2025 against €1.3m in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.009m
2025
Net result-€0.007m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.03m
2025
Equity-€2.0m
2025
Debt€2.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.03m
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
Line2019202020212022202320242025
Operating result-€0.05m--€0.09m▼ 81.4%-€0.1m▼ 36.4%-€0.02m▲ 85.0%-€0.04m▼ 134%-€1.3m▼ 2,998%-€0.009m▲ 99.3%
Net result-€0.05m--€0.09m▼ 80.3%-€0.1m▼ 36.5%-€0.02m▲ 84.6%-€0.04m▼ 130%-€1.3m▼ 2,979%-€0.007m▲ 99.4%
Equity-€0.4m--€0.5m▼ 24.0%-€0.6m▼ 26.4%-€0.6m▼ 3.2%-€0.6m▼ 7.2%-€2.0m▼ 206%-€2.0m▼ 0.4%
Total assets€2.9m-€2.8m▼ 3.6%€2.6m▼ 5.6%€2.5m▼ 4.1%€2.4m▼ 4.4%€0.04m▼ 98.2%€0.03m▼ 23.5%
Debt€3.2m-€3.2m▼ 0.4%€3.2m▼ 1.1%€3.1m▼ 2.8%€3.0m▼ 2.2%€2.0m▼ 34.1%€2.0m▼ 0.2%
Working capital€0.01m--€0.01m-€0.05m▼ 275%-€0.01m▲ 67.1%-€0.003m▲ 77.7%€0.04m€0.03m▼ 23.8%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Current ratio
73.89
ROA
-21.8%
Debt ≤ 1 year
€459▲
2024 · €409
Debt > 1 year
€2.0m=
2024 · €2.0m
A ratio outside any meaningful range has been withheld (balance sheet total €33,889, equity -€2.0m).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.003m | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.005m | €0.005m | €0.08m | €0.004m | ▼ 95.5% |
| Non-recurring operating charges66A | - | - | - | - | €0.002m | €1.3m | - | - |
| Gross operating margin9900 | €0.07m | €0.04m | €0.004m | €0.1m | €0.07m | €0.04m | -€0.005m | - |
| Operating profit (loss)9901 | -€0.05m | -€0.09m | -€0.1m | -€0.02m | -€0.04m | -€1.3m | -€0.009m | ▲ 99.3% |
| Financial income75/76B | - | - | - | €6 | €185 | €31 | €0.002m | ▲ 48× |
| Recurring financial income75 | €20 | €125 | €25 | €6 | €185 | €31 | €0.002m | ▲ 48× |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.002m | - |
| Financial charges65/66B | - | - | - | €474 | €480 | €0.001m | €49 | ▼ 94.2% |
| Recurring financial charges65 | €445 | €359 | €487 | €474 | €480 | €0.001m | €49 | ▼ 94.2% |
| Profit (loss) for the period before taxes9903 | -€0.05m | -€0.09m | -€0.1m | -€0.02m | -€0.04m | -€1.3m | -€0.007m | ▲ 99.4% |
| Income taxes67/77 | - | €1 | - | €1 | - | - | - | - |
| Profit (loss) for the period9904 | -€0.05m | -€0.09m | -€0.1m | -€0.02m | -€0.04m | -€1.3m | -€0.007m | ▲ 99.4% |
| Profit (loss) for the period to be appropriated9905 | -€0.05m | -€0.09m | -€0.1m | -€0.02m | -€0.04m | -€1.3m | -€0.007m | ▲ 99.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.9m | €2.8m | €2.6m | €2.5m | €2.4m | €0.04m | €0.03m | ▼ 23.5% |
| Fixed assets21/28 | €2.8m | €2.7m | €2.6m | €2.5m | €2.4m | - | - | - |
| Tangible fixed assets22/27 | €2.8m | €2.7m | €2.6m | €2.5m | €2.4m | - | - | - |
| Land and buildings22 | - | - | - | €2.4m | €2.3m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.009m | €0.001m | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.001m | €0.002m | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.07m | €0.06m | - | - | - |
| Current assets29/58 | €0.07m | €0.06m | €0.02m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 23.5% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €371 | - |
| Other amounts receivable291 | - | - | - | - | - | - | €371 | - |
| Stocks and contracts in progress3 | €0.008m | €0.01m | €0.003m | €0.003m | €0.003m | - | - | - |
| Stocks30/36 | - | - | - | €0.003m | €0.003m | - | - | - |
| Amounts receivable within one year40/41 | €0.002m | €0.008m | €0.002m | €0.003m | €0.001m | €0.002m | - | - |
| Trade receivables40 | - | - | - | €348 | €337 | €0.001m | - | - |
| Other amounts receivable41 | - | - | - | €0.003m | €0.001m | €370 | - | - |
| Cash at bank and in hand54/58 | €0.06m | €0.05m | €0.02m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | - | - | €130 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.9m | €2.8m | €2.6m | €2.5m | €2.4m | €0.04m | €0.03m | ▼ 23.5% |
| Equity10/15 | -€0.4m | -€0.5m | -€0.6m | -€0.6m | -€0.6m | -€2.0m | -€2.0m | ▼ 0.4% |
| Contributions10/11 | €0.05m | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.5m | -€0.6m | -€0.6m | -€0.7m | -€2.0m | -€2.0m | ▼ 0.4% |
| Amounts payable17/49 | €3.2m | €3.2m | €3.2m | €3.1m | €3.0m | €2.0m | €2.0m | ▼ 0.2% |
| Amounts payable after more than one year17 | €3.2m | €3.2m | €3.1m | €3.1m | €3.0m | €2.0m | €2.0m | = |
| Financial debts170/4 | - | - | - | - | - | - | €2.0m | - |
| Other amounts payable178/9 | - | - | - | €3.1m | €3.0m | €2.0m | - | - |
| Amounts payable within one year42/48 | €0.05m | €0.08m | €0.07m | €0.05m | €0.03m | €409 | €459 | ▲ 12.0% |
| Trade debts44 | €0.01m | €0.01m | €0.004m | €0.003m | €0.002m | €293 | €459 | ▲ 56.4% |
| Suppliers440/4 | - | - | - | €0.003m | €0.002m | €293 | €459 | ▲ 56.4% |
| Advances received on contracts in progress46 | - | - | - | €0.04m | €0.03m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.002m | €116 | - | - |
| Taxes450/3 | - | - | - | €0.004m | €0.002m | €116 | - | - |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | €0.003m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.05m | -€0.09m | -€0.1m | -€0.02m | -€0.04m | -€1.3m | -€0.007m | ▲ 99.4% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | - | - | - |
| Operating cash flow (approximation) | €0.07m | €0.03m | -€0.002m | €0.09m | €0.06m | -€1.3m | -€0.007m | ▲ 99.4% |
| Investment in fixed assets (approximation) | - | -€0.02m | -€0.006m | €0.007m | €0.001m | - | - | - |
| Change in cash | - | -€0.01m | -€0.03m | €0.009m | €371 | €0.02m | -€0.009m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00021615 |
| 30-06-2024 | micro format | 28-01-2025 | 2025-00012249 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00026684 |
| 30-06-2022 | micro format | 30-12-2022 | 2022-20549557 |
| 30-06-2021 | micro format | 10-02-2022 | 2022-05400346 |
| 30-06-2020 | micro format | 26-02-2021 | 2021-06700546 |
| 30-06-2019 | micro format | 20-02-2020 | 2020-05300332 |
| 30-06-2018 | micro format | 20-02-2019 | 2019-05500091 |
| 30-06-2017 | micro format | 26-02-2018 | 2018-05500160 |
| 30-06-2016 | abbreviated format | 06-02-2017 | 2017-04100369 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.