DATA ANALYTICS
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €94,854 on 31-12-2025in euro
in euro
Position in the sector
25.2%
Higher than 24% of 21,208 companies in 2025.
1.31
Higher than 28% of 20,571 companies in 2025.
-64.2%
Lower than 95% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
94,854 | 169,393 | 114,333 | 93,406 | 31,809 | |
20 |
68 | 277 | 485 | 693 | 899 | |
21/28 |
1,703 | 2,171 | - | - | - | |
22/27 |
1,703 | 2,171 | - | - | - | |
24 |
1,703 | 2,171 | - | - | - | |
29/58 |
93,083 | 166,946 | 113,848 | 92,713 | 30,910 | |
40/41 |
18,900 | 6,205 | 15,788 | 12,101 | 5,003 | |
40 |
0 | 78 | 12,100 | 12,100 | 4,740 | |
41 |
18,900 | 6,127 | 3,688 | 1 | 263 | |
50/53 |
0 | 100,000 | - | - | - | |
54/58 |
74,183 | 60,741 | 98,060 | 80,611 | 25,907 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
94,854 | 169,393 | 114,333 | 93,406 | 31,809 | |
10/15 |
23,949 | 84,823 | 74,584 | 46,165 | 10,835 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
14 |
21,449 | 82,323 | 72,084 | 43,665 | 8,335 | |
17/49 |
70,905 | 84,570 | 39,748 | 47,241 | 20,974 | |
42/48 |
70,905 | 84,570 | 38,845 | 47,241 | 20,974 | |
43 |
249 | 353 | 2,082 | 1,249 | - | |
430/8 |
249 | 353 | 2,082 | 1,249 | - | |
44 |
20,661 | 11,502 | 16,373 | 5,642 | 1,843 | |
440/4 |
20,661 | 11,502 | 16,373 | 5,642 | 1,843 | |
45 |
4,945 | 7,356 | 3,424 | 25,632 | 12,978 | |
450/3 |
2,445 | 4,856 | 924 | 23,132 | 10,978 | |
454/9 |
2,500 | 2,500 | 2,500 | 2,500 | 2,000 | |
47/48 |
45,050 | 65,360 | 16,966 | 14,717 | 6,152 | |
492/3 |
- | 0 | 903 | - | - | |
| Income statement | ||||||
9900 |
-62,480 | 15,341 | 38,886 | 47,415 | 11,543 | |
630 |
676 | 377 | 208 | 206 | 141 | |
640/8 |
544 | 528 | 132 | - | - | |
9901 |
-63,700 | 14,436 | 38,546 | 47,209 | 11,402 | |
75/76B |
3,029 | 0 | 10 | 22 | - | |
75 |
3,029 | 0 | 10 | 22 | - | |
65/66B |
202 | 301 | 1,293 | 103 | 90 | |
65 |
202 | 301 | 1,293 | 103 | 90 | |
9903 |
-60,874 | 14,135 | 37,263 | 47,127 | 11,312 | |
67/77 |
0 | 3,896 | 8,844 | 11,797 | 2,977 | |
9904 |
-60,874 | 10,238 | 28,419 | 35,330 | 8,335 | |
9905 |
-60,874 | 10,238 | 28,419 | 35,330 | 8,335 | |
| Appropriation of the result | ||||||
9906 |
21,449 | 82,323 | 72,084 | 43,665 | 8,335 | |
14P |
82,323 | 72,084 | 43,665 | 8,335 | - | |
| 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 24-07-2026.
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 | 24-07-2026 | 2026-00329043 | |
| 31-12-2024 | micro format | 12-07-2025 | 2025-00262016 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00270464 | |
| 31-12-2022 | micro format | 02-07-2023 | 2023-00187155 | |
| 31-12-2021 | micro format | 18-08-2022 | 2022-20294872 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -63,024 | 14,814 | 38,755 | 47,415 | 11,543 | ||
| -60,197 | 10,616 | 28,628 | 35,537 | 8,476 | ||
| 0 | 2,340 | 0 | 0 | - | ||
| 13,442 | -37,319 | 17,448 | 54,705 | - | ||
| 22,178 | 82,376 | 75,003 | 45,472 | 9,935 | ||
| 25.2% | 50.1% | 65.2% | 49.4% | 34.1% | ||
| 1.31 | 1.97 | 2.93 | 1.96 | 1.47 | ||
| 2.96 | 1.00 | 0.53 | 1.02 | 1.94 | ||
| -254.2% | 12.1% | 38.1% | 76.5% | 76.9% | ||
| -64.2% | 6.0% | 24.9% | 37.8% | 26.2% | ||
| -311.46 | 49.16 | 29.97 | over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,340 | - | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €676 | €377 | €208 | €206 | €141 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DATA ANALYTICS
The operating result for 2025 is a loss of €63,700, after a profit of €14,436 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 49.9% to 74.8%. Equity and debt are lower.