Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 5 filings
Turnover
≈ €110,000
Estimated: probably between €100,000 and €150,000
EBIT margin
Not included in this filing
Net result
-€222,156
2024 · €42,695
Working capital
€212,242
2024 · -€401,033
In the rankings
#4 company by total assets in Charleroi, Telecoms and IT sector
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€58,623
▲ 12.8%
2025
20212025
Net result
-€222,156
2025
lowest quarter of the sector
20212025
Equity
€472,478
▼ 32.0%
2025
highest quarter of the sector
20212025
Total assets
€5.2m
▲ 14.0%
2025
highest quarter of the sector
20212025
Debt
€4.7m
▲ 22.4%
2025
20212025
Working capital
€212,242
2025
highest quarter of the sector
20212025
Solvency
9.1%
▼ 6.2pp
2025
lowest quarter of the sector
20212025
Current ratio
1.46
▲ 1.37
2025
middle half of the sector
20212025
Return on assets (ROA)
-4.3%
▼ 5.2pp
2025
lowest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.04m-€0.03m€0.04m▲ 26.6%€0.05m▲ 21.8%€0.06m▲ 12.8%
Net result-€0.1mbelow the sector's middle half--€0.1mbelow the sector's middle half▲ 14.5%-€0.1mbelow the sector's middle half▲ 5.0%€0.04mwithin the sector's middle half-€0.2mbelow the sector's middle half
Equity€0.9mabove the sector's middle half-€0.8mwithin the sector's middle half▼ 12.8%€0.7mwithin the sector's middle half▼ 14.0%€0.7mwithin the sector's middle half▲ 6.5%€0.5mabove the sector's middle half▼ 32.0%
Total assets€4.6mabove the sector's middle half-€4.6mabove the sector's middle half▲ 0.5%€4.6mabove the sector's middle half▼ 1.1%€4.5mwithin the sector's middle half▼ 0.4%€5.2mabove the sector's middle half▲ 14.0%
Debt€3.7m-€3.9m▲ 3.7%€3.9m▲ 1.4%€3.8m▼ 1.6%€4.7m▲ 22.4%
Working capital-€0.01mbelow the sector's middle half--€0.3mbelow the sector's middle half▼ 3,144%-€0.4mbelow the sector's middle half▼ 22.0%-€0.4mbelow the sector's middle half▼ 4.8%€0.2mabove the sector's middle half
Solvency19.0%below the sector's middle half-16.4%below the sector's middle half▼ 2.5pp14.3%below the sector's middle half▼ 2.1pp15.3%below the sector's middle half▲ 1.0pp9.1%below the sector's middle half▼ 6.2pp
Current ratio0.90below the sector's middle half-0.26below the sector's middle half▼ 0.640.14below the sector's middle half▼ 0.130.09below the sector's middle half▼ 0.051.46within the sector's middle half▲ 1.37
Return on assets (ROA)-2.8%below the sector's middle half--2.4%below the sector's middle half▲ 0.4pp-2.3%below the sector's middle half▲ 0.1pp0.9%within the sector's middle half▲ 3.3pp-4.3%below the sector's middle half▼ 5.2pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 13% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.2m
Fixed assets
€4.5m =
Current assets
€676,558 ▲ 17×
Equity and liabilities €5.2m
Equity
€472,478 ▼ 32.0%
Debt
€4.7m ▲ 22.4%
Debt's share of the balance-sheet total rises from 84.7% to 90.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-47.0%▼
2024 · 6.1%
Debt ≤ 1 year
€464,316▲
2024 · €440,346
Debt > 1 year
€4.2m▲
2024 · €3.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €1.7m | €1.3m | - | - |
| Debts guaranteed by Belgian public bodies | €1.8m | €1.8m | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €1,086 | €1,034 | €968 | ▼ 6.4% |
| Gross operating margin9900 | -€38,209 | €34,063 | €43,779 | €53,025 | €59,591 | ▲ 12.4% |
| Operating profit (loss)9901 | -€38,557 | €33,716 | €42,693 | €51,991 | €58,623 | ▲ 12.8% |
| Financial income75/76B | - | €0 | €67 | €129,205 | €0 | ▼ 100% |
| Recurring financial income75 | €3 | €0 | €67 | €129,205 | €0 | ▼ 100% |
| Financial charges65/66B | - | €145,304 | €148,733 | €138,501 | €280,780 | ▲ 103% |
| Recurring financial charges65 | €91,945 | €145,304 | €148,733 | €138,501 | €280,780 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | -€130,499 | -€111,589 | -€105,973 | €42,695 | -€222,156 | - |
| Profit (loss) for the period9904 | -€130,499 | -€111,589 | -€105,973 | €42,695 | -€222,156 | - |
| Profit (loss) for the period to be appropriated9905 | -€130,499 | -€111,589 | -€105,973 | €42,695 | -€222,156 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €4.6m | €4.6m | €4.5m | €5.2m | ▲ 14.0% |
| Fixed assets21/28 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Financial fixed assets28 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Current assets29/58 | €0.09m | €0.1m | €0.06m | €0.04m | €0.7m | ▲ 17× |
| Amounts receivable within one year40/41 | €0.01m | €0.005m | €0 | - | €0.02m | - |
| Trade receivables40 | - | €55 | €0 | - | €0.02m | - |
| Other amounts receivable41 | - | €0.005m | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.07m | €0.1m | €0.06m | €0.04m | €0.7m | ▲ 17× |
| Deferred charges and accrued income490/1 | - | - | - | €166 | €10 | ▼ 94.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €4.6m | €4.6m | €4.5m | €5.2m | ▲ 14.0% |
| Equity10/15 | €0.9m | €0.8m | €0.7m | €0.7m | €0.5m | ▼ 32.0% |
| Contributions10/11 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.3m | -€0.3m | -€0.5m | ▼ 72.8% |
| Amounts payable17/49 | €3.7m | €3.9m | €3.9m | €3.8m | €4.7m | ▲ 22.4% |
| Amounts payable after more than one year17 | €3.6m | €3.4m | €3.5m | €3.4m | €4.2m | ▲ 25.5% |
| Financial debts170/4 | - | €3.4m | €3.5m | €3.4m | €4.2m | ▲ 25.5% |
| Amounts payable within one year42/48 | €0.1m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | - | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.0% |
| Trade debts44 | €374 | €0.001m | €0.01m | €242 | €0.01m | ▲ 59× |
| Suppliers440/4 | - | €0.001m | €0.01m | €242 | €0.01m | ▲ 59× |
| Taxes, remuneration and social security45 | - | €0.004m | €0.003m | €0.003m | €0.004m | ▲ 37.5% |
| Taxes450/3 | - | €0.004m | €0.003m | €0.003m | €0.004m | ▲ 37.5% |
| Accrued charges and deferred income492/3 | - | €0.01m | €0.01m | €0.03m | €0.001m | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€130,499 | -€111,589 | -€105,973 | €42,695 | -€222,156 | - |
| Operating cash flow (approximation) | -€130,499 | -€111,589 | -€105,973 | €42,695 | -€222,156 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €33,962 | -€46,361 | -€20,646 | €617,234 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2026-00001144 | |
| 30-06-2024 | full format | 12-12-2024 | 2024-00615831 | |
| 30-06-2023 | full format | 09-10-2023 | 2023-00482998 | |
| 30-06-2022 | full format | 21-12-2022 | 2022-20545962 | |
| 30-06-2021 | micro format | 08-11-2021 | 2021-77100059 |