DATEX
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 18 filings
Turnover
≈ €52,000
Estimated: probably between €22,000 and €110,000
Total assets
€130▼ 98.0%
2024 · €6,386
Net result
€4,591
2024 · -€13,324
Working capital
-€77,156▲ 5.7%
2024 · -€81,835
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€6,644
2025
20182025
Net result
€4,591
2025
middle half of the sector
20182025
Equity
-€77,156
▲ 5.6%
2025
lowest quarter of the sector
20182025
Total assets
€130
▼ 98.0%
2025
lowest quarter of the sector
20182025
Debt
€77,285
▼ 12.3%
2025
20182025
Working capital
-€77,156
▲ 5.7%
2025
lowest quarter of the sector
20182025
Solvency
no figure
2025
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
no figure
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€3,297--€1,383▲ 58.0%€24,379€27,345▲ 12.2%-€3,008-€37,409▼ 1,144%-€10,000▲ 73.3%€6,644
Net result-€4,539--€2,241▲ 50.6%€46,710above the sector's middle half€21,084above the sector's middle half▼ 54.9%-€5,169below the sector's middle half-€43,147below the sector's middle half▼ 735%-€13,324below the sector's middle half▲ 69.1%€4,591within the sector's middle half
Equity-€85,660--€87,901▼ 2.6%-€41,191below the sector's middle half▲ 53.1%-€20,107below the sector's middle half▲ 51.2%-€25,276below the sector's middle half▼ 25.7%-€68,423below the sector's middle half▼ 171%-€81,746below the sector's middle half▼ 19.5%-€77,156below the sector's middle half▲ 5.6%
Total assets€16,145-€12,017▼ 25.6%€14,382below the sector's middle half▲ 19.7%€26,075below the sector's middle half▲ 81.3%€18,406below the sector's middle half▼ 29.4%€37,154below the sector's middle half▲ 102%€6,386below the sector's middle half▼ 82.8%€130below the sector's middle half▼ 98.0%
Debt€101,805-€99,919▼ 1.9%€55,573▼ 44.4%€46,182▼ 16.9%€43,682▼ 5.4%€105,577▲ 142%€88,132▼ 16.5%€77,285▼ 12.3%
Working capital-€88,602--€90,659▼ 2.3%-€43,823below the sector's middle half▲ 51.7%-€20,704below the sector's middle half▲ 52.8%-€26,632below the sector's middle half▼ 28.6%-€81,425below the sector's middle half▼ 206%-€81,835below the sector's middle half▼ 0.5%-€77,156below the sector's middle half▲ 5.7%
Solvency-530.6%--731.5%▼ 200.9pp-286.4%below the sector's middle half▲ 445.0pp-77.1%below the sector's middle half▲ 209.3pp-137.3%below the sector's middle half▼ 60.2pp-184.2%below the sector's middle half▼ 46.8pp
Current ratio0.04-0.04▼ 0.010.18below the sector's middle half▲ 0.140.55below the sector's middle half▲ 0.380.39below the sector's middle half▼ 0.160.02below the sector's middle half▼ 0.370.07below the sector's middle half▲ 0.05
Return on assets (ROA)-28.1%--18.6%▲ 9.5pp324.8%above the sector's middle half▲ 343.4pp80.9%above the sector's middle half▼ 243.9pp-28.1%below the sector's middle half▼ 108.9pp-116.1%below the sector's middle half▼ 88.0pp-208.7%below the sector's middle half▼ 92.5pp
Staff (FTE)0.8below the sector's middle half0.8=3.3▲ 313%0.7▼ 78.8%
above
within
below
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). 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 a profit of €6,644, after a loss of €10,000 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
EBITDA
€6,733▲
2024 · -€9,883
Cash flow
€4,679▲
2024 · -€13,206
Interest coverage
3.28▲
2024 · -3.23
Debt ≤ 1 year
€77,285▼
2024 · €88,132
Income taxes
€0▼
2024 · €262
Staff costs
€0▼
2024 · €102
The ratios are withheld because a balance sheet total of €130 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 4 | - |
| full-time | - | 4 | - |
| in full-time equivalents | - | 4 | - |
| Average over the year, in full-time equivalents | 0.8 | 3.3 | 0.7 |
| Joined | 306 | 27 | 18 |
| Left | 306 | 23 | 18 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,273 | €41,086 | - | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €4,443 | €513 | €7,298 | €118 | €89 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €7,036 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €37,584 | €64,622 | €15,818 | €102 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,182 | €4,203 | €4,269 | €4,443 | €513 | €7,298 | €118 | €89 | ▼ 24.7% |
| Other operating charges640/8 | - | - | - | €1,508 | €3,102 | €3,393 | €1,289 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €12,590 | €0 | ▼ 100% |
| Gross operating margin9900 | €3,462 | €4,330 | €62,808 | €70,880 | €65,231 | -€10,900 | €4,099 | €6,733 | ▲ 64.3% |
| Operating profit (loss)9901 | -€3,297 | -€1,383 | €24,379 | €27,345 | -€3,008 | -€37,409 | -€10,000 | €6,644 | - |
| Financial income75/76B | - | - | - | €155 | €57 | €56 | €0 | - | - |
| Recurring financial income75 | €49 | €0 | €0 | €155 | €57 | €56 | €0 | - | - |
| Financial charges65/66B | - | - | - | €6,236 | €2,068 | €4,756 | €3,062 | €2,053 | ▼ 32.9% |
| Recurring financial charges65 | €1,072 | €655 | €2,287 | €6,236 | €2,068 | €4,756 | €3,062 | €2,053 | ▼ 32.9% |
| Profit (loss) for the period before taxes9903 | -€4,319 | -€2,038 | €46,889 | €21,264 | -€5,019 | -€42,109 | -€13,062 | €4,591 | - |
| Income taxes67/77 | €219 | €203 | €179 | €180 | €150 | €1,038 | €262 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€4,539 | -€2,241 | €46,710 | €21,084 | -€5,169 | -€43,147 | -€13,324 | €4,591 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,539 | -€2,241 | €46,710 | €21,084 | -€5,169 | -€43,147 | -€13,324 | €4,591 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €16,145 | €12,017 | €14,382 | €26,075 | €18,406 | €37,154 | €6,386 | €130 | ▼ 98.0% |
| Fixed assets21/28 | €12,383 | €8,717 | €5,040 | €597 | €1,356 | €35,145 | €89 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €12,383 | €8,717 | €5,040 | €597 | €1,356 | €35,145 | €89 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €597 | €497 | €206 | €89 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | - | €859 | €34,939 | €0 | - | - |
| Current assets29/58 | €3,762 | €3,300 | €9,342 | €25,479 | €17,050 | €2,010 | €6,297 | €130 | ▼ 97.9% |
| Amounts receivable within one year40/41 | - | - | €124 | €5,951 | €128 | €425 | €5,886 | €130 | ▼ 97.8% |
| Trade receivables40 | - | - | - | - | €128 | - | €5,832 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €5,951 | - | €425 | €54 | €130 | ▲ 141% |
| Cash at bank and in hand54/58 | €2,512 | €2,123 | €7,681 | €18,048 | €15,495 | €175 | €11 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €1,479 | €1,427 | €1,409 | €400 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €16,145 | €12,017 | €14,382 | €26,075 | €18,406 | €37,154 | €6,386 | €130 | ▼ 98.0% |
| Equity10/15 | -€85,660 | -€87,901 | -€41,191 | -€20,107 | -€25,276 | -€68,423 | -€81,746 | -€77,156 | ▲ 5.6% |
| Contributions10/11 | €6,250 | €6,250 | - | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Reserves13 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | = |
| Non-distributable reserves130/1 | - | - | - | €135 | €135 | €135 | €135 | €135 | = |
| Reserves not available under the articles1311 | - | - | - | €135 | €135 | €135 | €135 | €135 | = |
| Profit (loss) carried forward14 | -€92,045 | -€94,286 | -€47,576 | -€26,492 | -€31,660 | -€74,807 | -€88,131 | -€83,540 | ▲ 5.2% |
| Amounts payable17/49 | €101,805 | €99,919 | €55,573 | €46,182 | €43,682 | €105,577 | €88,132 | €77,285 | ▼ 12.3% |
| Amounts payable after more than one year17 | €9,441 | €5,959 | €2,408 | - | - | €22,142 | €0 | - | - |
| Financial debts170/4 | - | - | - | - | - | €22,142 | €0 | - | - |
| Amounts payable within one year42/48 | €92,364 | €93,959 | €53,165 | €46,182 | €43,682 | €83,435 | €88,132 | €77,285 | ▼ 12.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,408 | - | €8,812 | €0 | - | - |
| Financial debts43 | - | - | - | - | - | - | - | €75 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €75 | - |
| Trade debts44 | €8,132 | €6,491 | €4,261 | €6,975 | €7,295 | €8,979 | €8,550 | €4,464 | ▼ 47.8% |
| Suppliers440/4 | - | - | - | €6,975 | €7,295 | €8,979 | €8,550 | €4,464 | ▼ 47.8% |
| Taxes, remuneration and social security45 | - | - | - | €3,136 | €4,707 | €5,529 | €4,097 | €262 | ▼ 93.6% |
| Taxes450/3 | - | - | - | €782 | €1,582 | €5,529 | €4,097 | €262 | ▼ 93.6% |
| Remuneration and social security454/9 | - | - | - | €2,354 | €3,126 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €33,664 | €31,679 | €60,114 | €75,485 | €72,484 | ▼ 4.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,539 | -€2,241 | €46,710 | €21,084 | -€5,169 | -€43,147 | -€13,324 | €4,591 | - |
| + Depreciation and write-downs630 | €4,182 | €4,203 | €4,269 | €4,443 | €513 | €7,298 | €118 | €89 | ▼ 24.7% |
| Operating cash flow (approximation) | -€357 | €1,962 | €50,979 | €25,527 | -€4,656 | -€35,849 | -€13,206 | €4,679 | - |
| Investment in fixed assets (approximation) | - | -€538 | -€592 | €0 | -€1,273 | -€41,086 | €34,939 | €0 | ▼ 100% |
| Change in cash | - | -€389 | €5,558 | €10,367 | -€2,553 | -€15,320 | -€164 | -€11 | ▲ 93.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as DATEX has now. Two years later, 91.8% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
91.8%
was still going
4.8%
stopped otherwise
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DATEX itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for DATEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00358245 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00471627 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00250967 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00163582 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20205306 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33300485 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31600348 | |
| 31-12-2018 | micro format | 16-07-2019 | 2019-33500597 | |
| 31-12-2017 | micro format | 01-08-2018 | 2018-42600003 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-28100580 |