DANFIN
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 11-05-2026 PDF all 34 filings
Equity
€8.2m=
2024 · €8.2m
Total assets
€8.7m▲ 1.3%
2024 · €8.6m
Net result
€1,464▲ 101%
2024 · €727
Working capital
€555,971▼ 4.9%
2024 · €584,527
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€10,816
▼ 9.3%
2025
20182025
Net result
€1,464
▲ 101%
2025
20182025
Equity
€8.2m
=
2025
20182025
Total assets
€8.7m
▲ 1.3%
2025
20182025
Debt
€540,788
▲ 24.5%
2025
20182025
Working capital
€555,971
▼ 4.9%
2025
20182025
Staff (FTE)
0
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.006m--€0.01m▼ 97.4%-€0.01m▲ 13.1%-€0.01m▼ 13.7%-€0.01m▲ 18.6%-€0.01m▼ 20.8%-€0.01m▲ 20.5%-€0.01m▼ 9.3%
Net result€6.7m--€0.1m-€0.008m▲ 91.9%-€0.006m▲ 22.1%-€0.1m▼ 1,667%-€0.002m▲ 98.3%€0.001m€0.001m▲ 101%
Equity€8.4m-€8.3m▼ 1.2%€8.3m▼ 0.1%€8.3m▼ 0.1%€8.2m▼ 1.4%€8.2m=€8.2m=€8.2m=
Total assets€8.9m-€8.8m▼ 0.7%€8.8m▼ 0.2%€8.9m▲ 0.8%€8.6m▼ 3.4%€8.6m▲ 0.2%€8.6m▲ 0.2%€8.7m▲ 1.3%
Debt€0.5m-€0.5m▲ 8.3%€0.5m▼ 2.4%€0.6m▲ 15.8%€0.4m▼ 31.9%€0.4m▲ 3.8%€0.4m▲ 4.8%€0.5m▲ 24.5%
Working capital€2.1m-€0.4m▼ 81.5%€0.4m▼ 2.4%€0.4m▼ 0.6%€0.6m▲ 50.4%€0.6m▲ 0.4%€0.6m▲ 1.0%€0.6m▼ 4.9%
Staff (FTE)0
The operating result for 2025 is a loss of €10,816, larger than the loss of €9,896 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.7m
Fixed assets
€7.8m =
Current assets
€949,329 ▲ 12.8%
Equity and liabilities €8.7m
Equity
€8.2m =
Debt
€540,788 ▲ 24.5%
Debt's share of the balance-sheet total rises from 5.0% to 6.2%. Debt is higher.
Key figures and ratios
Current ratio
2.41▼
2024 · 3.27
Debt to equity
0.07▲
2024 · 0.05
ROE
0.0%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Debt ≤ 1 year
€393,358▲
2024 · €257,029
Debt > 1 year
€137,495▼
2024 · €154,945
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0.001m | €0.001m | €0.001m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 3.7% |
| Gross operating margin9900 | -€0.005m | -€0.01m | -€0.008m | -€0.01m | -€0.009m | -€0.01m | -€0.009m | -€0.01m | ▼ 10.8% |
| Operating profit (loss)9901 | -€0.006m | -€0.01m | -€0.01m | -€0.01m | -€0.01m | -€0.01m | -€0.01m | -€0.01m | ▼ 9.3% |
| Financial income75/76B | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 5.7% |
| Recurring financial income75 | €6.7m | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 5.7% |
| Financial charges65/66B | - | - | - | €0.01m | €0.1m | €0.01m | €0.01m | €0.009m | ▼ 5.0% |
| Recurring financial charges65 | €0.008m | €0.01m | €0.01m | €0.01m | €0.009m | €0.01m | €0.01m | €0.009m | ▼ 5.0% |
| Non-recurring financial charges66B | - | - | - | - | €0.1m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €6.7m | €0.01m | -€0.004m | -€0.006m | -€0.1m | -€0.002m | €0.001m | €0.001m | ▲ 101% |
| Income taxes67/77 | €0.02m | €0.1m | €0.004m | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €6.7m | -€0.1m | -€0.008m | -€0.006m | -€0.1m | -€0.002m | €0.001m | €0.001m | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €6.7m | -€0.1m | -€0.008m | -€0.006m | -€0.1m | -€0.002m | €0.001m | €0.001m | ▲ 101% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.9m | €8.8m | €8.8m | €8.9m | €8.6m | €8.6m | €8.6m | €8.7m | ▲ 1.3% |
| Fixed assets21/28 | €6.4m | €8.1m | €8.1m | €8.1m | €7.8m | €7.8m | €7.8m | €7.8m | = |
| Tangible fixed assets22/27 | - | - | €0.001m | €0.001m | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | - | - | - | - | - |
| Financial fixed assets28 | €6.4m | €8.1m | €8.1m | €8.1m | €7.8m | €7.8m | €7.8m | €7.8m | = |
| Current assets29/58 | €2.5m | €0.8m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 12.8% |
| Amounts receivable within one year40/41 | €2.5m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 2.7% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 2.7% |
| Current investments50/53 | - | - | - | - | - | - | - | €0.09m | - |
| Cash at bank and in hand54/58 | €0.03m | €0.03m | €0.05m | €0.1m | €0.003m | €0.003m | €0.005m | €0.001m | ▼ 73.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.9m | €8.8m | €8.8m | €8.9m | €8.6m | €8.6m | €8.6m | €8.7m | ▲ 1.3% |
| Equity10/15 | €8.4m | €8.3m | €8.3m | €8.3m | €8.2m | €8.2m | €8.2m | €8.2m | = |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Contributions outside capital11 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Share premium1100/10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €7.6m | €7.4m | €7.4m | €7.4m | €7.3m | €7.3m | €7.3m | €7.3m | = |
| Amounts payable17/49 | €0.5m | €0.5m | €0.5m | €0.6m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 24.5% |
| Amounts payable after more than one year17 | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 11.3% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 11.3% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.3m | €0.4m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 53.0% |
| Financial debts43 | - | - | - | €0.4m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 54.0% |
| Other loans439 | - | - | - | €0.4m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 54.0% |
| Trade debts44 | €96 | €100 | €0.001m | €0.001m | €131 | - | - | €200 | - |
| Suppliers440/4 | - | - | - | €0.001m | €131 | - | - | €200 | - |
| Other amounts payable47/48 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.009m | €0.01m | €0.02m | €0.02m | €0.01m | ▼ 55.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6.7m | -€0.1m | -€0.008m | -€0.006m | -€0.1m | -€0.002m | €0.001m | €0.001m | ▲ 101% |
| + Depreciation and write-downs630 | - | - | €0.001m | €0.001m | €0.001m | - | - | - | - |
| Operating cash flow (approximation) | €6.7m | -€0.1m | -€0.008m | -€0.006m | -€0.1m | -€0.002m | €0.001m | €0.001m | ▲ 101% |
| Investment in fixed assets (approximation) | - | -€1.7m | -€0.002m | €0 | €0.3m | €0 | €0 | €0 | - |
| Change in cash | - | -€0.005m | €0.02m | €0.06m | -€0.1m | €0.001m | €0.002m | -€0.004m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | abbreviated format | 11-05-2026 | 2026-00110124 | |
| 30-12-2024 | abbreviated format | 19-05-2025 | 2025-00098774 | |
| 30-12-2023 | abbreviated format | 16-05-2024 | 2024-00088570 | |
| 30-12-2022 | abbreviated format | 15-05-2023 | 2023-00086952 | |
| 30-12-2021 | abbreviated format | 10-05-2022 | 2022-20023965 | |
| 30-12-2020 | abbreviated format | 10-05-2021 | 2021-13700453 | |
| 30-12-2019 | abbreviated format | 26-05-2020 | 2020-13000222 | |
| 30-12-2018 | abbreviated format | 06-06-2019 | 2019-16400050 | |
| 30-12-2017 | abbreviated format | 06-06-2018 | 2018-16300467 | |
| 30-12-2016 | abbreviated format | 16-06-2017 | 2017-18500347 |