DD2
Annual accounts 2025
abbreviated format, filed on 19-03-2026, 42 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €100,000 and €320,000.
Balance sheet
balance sheet total €338,816 on 30-09-2025in euro
in euro
Position in the sector
9.5%
Higher than 24% of 646 companies in 2025.
0.55
Higher than 13% of 634 companies in 2025.
0.5%
Higher than 38% of 639 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
338,816 | 420,820 | 257,960 | |
20 |
528 | 744 | 744 | |
21/28 |
171,000 | 208,704 | 107,521 | |
22/27 |
171,000 | 208,704 | 107,521 | |
22 |
65,934 | 76,079 | 70,734 | |
23 |
86,121 | 105,159 | 21,212 | |
24 |
18,945 | 27,465 | 15,575 | |
29/58 |
167,288 | 211,372 | 149,695 | |
40/41 |
136,592 | 182,918 | 64,144 | |
40 |
115,451 | 175,560 | 56,795 | |
41 |
21,141 | 7,358 | 7,349 | |
54/58 |
30,399 | 26,827 | 83,924 | |
490/1 |
298 | 1,627 | 1,627 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
338,816 | 420,820 | 257,960 | |
10/15 |
32,200 | 30,369 | 28,289 | |
10/11 |
15,000 | 15,000 | 15,000 | |
13 |
17,200 | 15,369 | 13,289 | |
133 |
17,200 | 15,369 | 13,289 | |
17/49 |
306,616 | 390,450 | 229,671 | |
42/48 |
306,616 | 390,450 | 200,421 | |
44 |
181,768 | 259,451 | 194,134 | |
440/4 |
181,768 | 259,451 | 194,134 | |
45 |
4,848 | 1,000 | 6,287 | |
450/3 |
4,848 | 1,000 | 6,287 | |
47/48 |
120,000 | 130,000 | - | |
492/3 |
- | 0 | 29,250 | |
| Income statement | ||||
9900 |
60,641 | 4,531 | 56,349 | |
630 |
40,710 | 0 | 18,538 | |
640/8 |
630 | 1,405 | 18,208 | |
9901 |
19,300 | 3,126 | 19,604 | |
75/76B |
- | 0 | 1 | |
75 |
- | 0 | 1 | |
65/66B |
12,554 | 46 | 29 | |
65 |
54 | 46 | 29 | |
66B |
12,500 | - | - | |
9903 |
6,746 | 3,080 | 19,576 | |
67/77 |
4,915 | 1,000 | 6,287 | |
9904 |
1,831 | 2,080 | 13,289 | |
9905 |
1,831 | 2,080 | 13,289 | |
| Appropriation of the result | ||||
9906 |
1,831 | 2,080 | 13,289 | |
691/2 |
1,831 | 2,080 | 13,289 | |
6921 |
1,831 | 2,080 | 13,289 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2024, 1 entry, €900 awarded, €900 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 60,011 | 3,126 | 38,141 | ||
| 42,541 | 2,080 | 31,827 | ||
| 2,791 | 101,183 | 125,721 | ||
| 3,571 | -57,097 | - | ||
| -139,328 | -179,078 | -50,726 | ||
| 9.5% | 7.2% | 11.0% | ||
| 0.55 | 0.54 | 0.75 | ||
| 9.52 | 12.86 | 8.12 | ||
| 5.7% | 6.8% | 47.0% | ||
| 0.5% | 0.5% | 5.2% | ||
| over 100 | 67.76 | 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 | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €2,791 | €101,183 | €125,721 |
| €40,710 | €0 | €18,538 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on DD2
The operating result for 2025 is 6.2 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 92.8% to 90.5%. Equity is higher and debt is lower.