De Link
Annual accounts 2025
micro format, filed on 03-04-2026, 27 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €97,000 and €200,000.
Balance sheet
balance sheet total €593,385 on 30-09-2025in euro
in euro
Position in the sector
44.2%
Higher than 62% of 18,509 companies in 2025.
1.71
Higher than 67% of 17,864 companies in 2025.
5.0%
Higher than 52% of 17,961 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
593,385 | 586,563 | 379,265 | 398,701 | 479,120 | 651,806 | 715,710 | 664,824 | 693,750 | 709,643 | 396,017 | 434,298 | 743,950 | 725,797 | 636,504 | 622,476 | 666,845 | |
21/28 |
275,262 | 275,262 | 331,395 | 343,332 | 355,268 | 360,377 | 666,086 | 629,986 | 653,886 | 675,099 | 354,669 | 384,047 | 641,967 | 635,200 | 546,536 | 564,187 | 614,505 | |
22/27 |
275,262 | 275,262 | 268,895 | 280,832 | 292,768 | 297,877 | 603,586 | 617,486 | 641,386 | 662,599 | 342,169 | 355,242 | 368,315 | 381,547 | 292,884 | 313,035 | 364,505 | |
22 |
275,262 | 275,262 | 268,895 | 280,832 | 292,768 | 292,877 | 593,586 | 617,486 | 641,386 | 662,599 | 342,169 | 355,242 | 368,315 | 381,387 | 269,460 | 278,158 | 317,856 | |
24 |
- | - | - | - | - | 5,000 | 10,000 | - | - | - | - | - | - | 160 | 23,424 | 34,877 | 46,649 | |
28 |
- | - | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 12,500 | 12,500 | 12,500 | 12,500 | 28,805 | 273,652 | 253,653 | 253,652 | 251,152 | 250,000 | |
29/58 |
318,124 | 311,301 | 47,869 | 55,369 | 123,852 | 291,429 | 49,624 | 34,838 | 39,863 | 34,544 | 41,348 | 50,251 | 101,983 | 90,597 | 89,968 | 58,289 | 52,340 | |
29 |
235,920 | 227,942 | - | - | - | - | - | - | - | - | - | - | 65,839 | 84,202 | 40,477 | - | - | |
291 |
235,920 | 227,942 | - | - | - | - | - | - | - | - | - | - | 65,839 | 84,202 | 40,477 | - | - | |
40/41 |
38,236 | 48,697 | 30,527 | 12,746 | 13,822 | 75,584 | 30,733 | 33,257 | 39,776 | 34,494 | 39,503 | 21,033 | 36,144 | 5,802 | 46,647 | 42,855 | 47,723 | |
40 |
14,460 | 25,387 | 6,858 | 8,150 | 9,317 | 40,584 | 30,733 | 33,257 | 29,120 | 18,424 | 39,503 | 20,001 | 36,144 | 5,802 | 46,647 | 39,277 | 47,723 | |
41 |
23,776 | 23,310 | 23,669 | 4,596 | 4,505 | 35,000 | - | - | 10,655 | 16,070 | - | 1,032 | - | - | - | 3,578 | - | |
50/53 |
33,793 | 30,446 | 14,639 | 31,124 | 44,464 | 44,464 | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
10,040 | 4,088 | 2,347 | 11,383 | 65,446 | 171,264 | 18,743 | 81 | 88 | 50 | 1,845 | 29,218 | - | 360 | 275 | 12,195 | 632 | |
490/1 |
135 | 129 | 356 | 117 | 119 | 117 | 148 | 1,500 | - | - | - | - | - | 233 | 2,569 | 3,239 | 3,985 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
593,385 | 586,563 | 379,265 | 398,701 | 479,120 | 651,806 | 715,710 | 664,824 | 693,750 | 709,643 | 396,017 | 434,298 | 743,950 | 725,797 | 636,504 | 622,476 | 666,845 | |
10/15 |
262,200 | 344,104 | 93,109 | 82,797 | 80,367 | 130,638 | -45,713 | -20,506 | -19,284 | -26,100 | -20,546 | -23,978 | 204,861 | 170,184 | 134,347 | 98,843 | 83,415 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
243,608 | 325,512 | 112,046 | 112,046 | 112,046 | 112,046 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 20,609 | 20,610 | 20,609 | 20,609 | 14,360 | 14,359 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,860 | 1,859 | 1,859 | 1,860 | 1,859 | |
1311 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | - | 18,750 | 18,750 | 18,750 | 18,750 | 12,500 | 12,500 | |
133 |
241,749 | 323,653 | 110,187 | 110,187 | 110,187 | 110,187 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
0 | - | -37,529 | -47,841 | -50,271 | - | -66,164 | -40,958 | -39,735 | -46,551 | -40,997 | -63,179 | 165,659 | 130,983 | 95,146 | 65,891 | 50,464 | |
16 |
- | - | - | - | - | - | - | - | - | - | 7,179 | 8,996 | 29,060 | 27,375 | 17,357 | 12,857 | 8,572 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 7,179 | 8,996 | 29,060 | 27,375 | 17,357 | 12,857 | 8,572 | |
17/49 |
331,185 | 242,459 | 286,156 | 315,904 | 398,753 | 521,168 | 761,422 | 685,331 | 713,034 | 735,742 | 409,384 | 449,280 | 510,029 | 528,238 | 484,800 | 510,776 | 574,858 | |
17 |
143,692 | 167,156 | 190,190 | 212,790 | 236,949 | 261,291 | 484,884 | 522,694 | 567,924 | 606,034 | 304,102 | 322,297 | 353,282 | 406,570 | 385,943 | 430,773 | 453,630 | |
170/4 |
143,692 | 167,156 | 190,190 | 212,790 | 236,949 | 261,291 | 370,908 | 411,265 | 458,974 | 499,655 | 201,043 | 227,293 | 264,376 | 309,198 | 238,243 | 290,073 | 341,430 | |
178/9 |
- | - | - | - | - | - | 113,977 | 111,429 | 108,950 | 106,379 | 103,059 | 95,004 | 88,906 | 97,372 | 147,700 | 140,700 | 112,200 | |
42/48 |
186,023 | 75,303 | 95,966 | 103,114 | 160,267 | 259,531 | 270,524 | 155,933 | 139,355 | 123,274 | 92,288 | 115,835 | 126,519 | 99,284 | 86,251 | 71,543 | 117,540 | |
42 |
23,464 | 23,033 | 22,600 | 24,160 | 24,341 | 18,351 | 48,570 | 44,841 | 40,429 | 46,388 | 26,250 | 37,084 | 59,821 | 54,045 | 51,830 | 58,557 | 85,009 | |
43 |
- | - | - | - | - | - | 14,163 | 13,111 | 14,501 | 14,225 | - | - | 23,975 | 6,087 | 16,215 | - | 8,026 | |
430/8 |
- | - | - | - | - | - | 14,163 | 13,111 | 14,501 | 14,225 | - | - | 23,975 | 6,087 | 16,215 | - | 8,026 | |
44 |
2,418 | 9,555 | 7,094 | 6,831 | 6,499 | 6,330 | 9,643 | 3,274 | 6,698 | 4,877 | 4,655 | 15,301 | 11,971 | 17,693 | 6,832 | 8,311 | 4,385 | |
440/4 |
2,418 | 9,555 | 7,094 | 6,831 | 6,499 | 6,330 | 9,643 | 3,274 | 6,698 | 4,877 | 4,655 | 15,301 | 11,971 | 17,693 | 6,832 | 8,311 | 4,385 | |
45 |
33,034 | 42,538 | 8,011 | 29,097 | 75,784 | 83,045 | 13,220 | 22,234 | 4,924 | 2,905 | 10,634 | 12,694 | 8,573 | 7,495 | 5,067 | 4,213 | 8,750 | |
450/3 |
33,034 | 40,538 | 6,011 | 29,097 | 73,784 | 81,045 | 3,492 | 3,432 | 4,924 | 1,344 | 9,084 | 11,151 | 7,033 | 5,957 | 3,544 | 2,679 | 7,215 | |
454/9 |
0 | 2,000 | 2,000 | - | 2,000 | 2,000 | 9,727 | 18,802 | - | 1,561 | 1,550 | 1,543 | 1,540 | 1,538 | 1,523 | 1,534 | 1,535 | |
47/48 |
127,107 | 177 | 58,261 | 43,026 | 53,643 | 151,805 | 184,928 | 72,473 | 72,803 | 54,878 | 50,749 | 50,756 | 22,179 | 13,964 | 6,307 | 462 | 11,370 | |
492/3 |
1,471 | - | - | - | 1,537 | 346 | 6,014 | 6,703 | 5,755 | 6,435 | 12,994 | 11,148 | 30,228 | 22,384 | 12,606 | 8,460 | 3,688 | |
| Income statement | ||||||||||||||||||
9900 |
35,686 | 57,431 | 47,251 | 22,007 | -26,954 | 282,208 | 27,887 | 47,503 | 61,069 | 72,638 | 57,175 | 74,549 | 97,459 | 132,100 | 112,013 | 73,873 | 120,493 | |
630 |
0 | 12,177 | 11,937 | 11,937 | 16,197 | 15,828 | 28,900 | 23,900 | 24,944 | 67,442 | 13,073 | 13,073 | 13,232 | 31,363 | 20,629 | 20,470 | 20,849 | |
635/8 |
- | - | - | - | - | - | - | - | - | -7,179 | -1,817 | -20,064 | 1,685 | 10,018 | 4,500 | 4,286 | 4,286 | |
640/8 |
3,531 | 3,141 | 3,629 | 3,790 | 2,637 | 3,328 | 5,322 | 5,363 | 6,664 | 532 | 3,217 | 3,037 | 2,522 | 8,394 | 3,543 | 3,503 | 5,582 | |
9901 |
32,155 | 42,113 | 31,686 | 6,280 | -45,788 | 263,053 | -6,336 | 18,239 | 29,461 | 11,845 | 42,702 | 78,503 | 80,020 | 82,325 | 83,341 | 45,614 | 89,776 | |
75/76B |
13,738 | 224,671 | 2,207 | 1,767 | 1,502 | 3,873 | - | - | 2 | - | - | 1,016 | 6,723 | 3,725 | 1,411 | 3,854 | 2 | |
75 |
13,738 | 224,671 | 2,207 | 1,767 | 1,502 | 3,873 | - | - | 2 | - | - | 1,016 | 6,723 | 3,725 | 1,411 | 3,854 | 2 | |
65/66B |
5,325 | -12,911 | 23,441 | 5,480 | 5,849 | 10,416 | 18,701 | 19,462 | 20,803 | 17,073 | 23,019 | 301,179 | 24,087 | 26,962 | 29,324 | 27,619 | 23,971 | |
65 |
5,325 | -12,911 | 23,441 | 5,480 | 5,849 | 10,416 | 18,701 | 19,462 | 20,803 | 17,073 | 23,019 | 301,179 | 24,087 | 26,962 | 29,324 | 27,619 | 23,971 | |
9903 |
40,568 | 279,695 | 10,452 | 2,567 | -50,135 | 256,510 | -25,037 | -1,222 | 8,660 | -5,229 | 19,683 | -221,660 | 62,656 | 59,088 | 55,428 | 21,849 | 65,807 | |
67/77 |
10,619 | 28,700 | 140 | 137 | 136 | 80,159 | 169 | - | 1,845 | 325 | 16,251 | 7,178 | 19,980 | 16,751 | 14,923 | 6,422 | 14,409 | |
9904 |
29,949 | 250,995 | 10,312 | 2,430 | -50,271 | 176,351 | -25,206 | -1,222 | 6,815 | -5,554 | 3,432 | -228,838 | 42,676 | 42,337 | 40,505 | 15,427 | 51,398 | |
789 |
- | - | - | - | - | - | - | - | - | - | 18,750 | - | 18,750 | - | 12,500 | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | 18,750 | - | 18,750 | - | 12,500 | |
9905 |
29,949 | 250,995 | 10,312 | 2,430 | -50,271 | 176,351 | -25,206 | -1,222 | 6,815 | -5,554 | 22,182 | -228,838 | 42,676 | 42,337 | 34,255 | 15,427 | 38,898 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
29,949 | 213,466 | -37,529 | -47,841 | -50,271 | 110,187 | -66,164 | -40,958 | -39,735 | -46,551 | -40,997 | -63,179 | 173,659 | 137,483 | 100,146 | 65,891 | 60,464 | |
14P |
0 | -37,529 | -47,841 | -50,271 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
110,187 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
28,283 | 213,466 | - | - | - | 110,187 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
28,283 | 213,466 | - | - | - | 110,187 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
111,853 | - | - | - | - | - | - | - | - | - | - | - | 8,000 | 6,500 | 5,000 | - | 10,000 | |
694 |
111,853 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 8,000 | 6,500 | 5,000 | - | 10,000 | |
| Document | ||||||||||||||||||
The accounts for 12 older financial years (1995-2008) were filed as documents without figures as data, scans for example.
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 03-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 03-04-2026 | 2026-00071910 | |
| 30-09-2024 | abbreviated format | 08-04-2025 | 2025-00066650 | |
| 30-09-2023 | abbreviated format | 10-04-2024 | 2024-00061641 | |
| 30-09-2022 | abbreviated format | 27-03-2023 | 2023-00047077 | |
| 30-09-2021 | micro format | 27-04-2022 | 2022-20012167 | |
| 30-09-2020 | micro format | 28-04-2021 | 2021-11600329 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10600596 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11700136 | |
| 30-09-2017 | abbreviated format | 28-03-2018 | 2018-08300003 | |
| 30-09-2016 | abbreviated format | 27-03-2018 | 2018-08000185 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-09000398 | |
| 30-09-2014 | abbreviated format | 31-03-2015 | 2015-09100283 | |
| 30-09-2013 | abbreviated format | 09-05-2014 | 2014-12000272 | |
| 30-09-2012 | abbreviated format | 14-05-2013 | 2013-12300467 | |
| 30-09-2011 | abbreviated format | 30-04-2012 | 2012-10400219 | |
| 30-09-2010 | abbreviated format | 01-03-2011 | 2011-05000266 | |
| 30-09-2009 | abbreviated format | 29-04-2010 | 2010-10300554 | |
| 30-09-2008 | abbreviated format | 30-03-2009 | 2009-08000177 | |
| 30-09-2007 | abbreviated format | 09-05-2008 | 2008-12300348 | |
| 30-09-2006 | abbreviated format | 30-03-2007 | 2007-10200044 | |
| 31-12-2004 | abbreviated format | 20-09-2005 | 2005-68600014 | |
| 31-12-2003 | abbreviated format | 01-12-2004 | 2004-81500117 | |
| 31-12-2002 | abbreviated format | 03-11-2003 | 2003-76900200 | |
| 31-12-2000 | abbreviated format | 13-07-2001 | 2001-37802821 | |
| 31-12-1999 | abbreviated format | 28-08-2000 | 2000-53201016 | |
| 31-12-1998 | abbreviated format | 04-08-1999 | 1999-39700646 | |
| 31-12-1997 | abbreviated format | 22-06-1998 | 1998-20304799 | |
| 31-12-1996 | abbreviated format | 24-02-1998 | 1998-03300108 | |
| 31-12-1995 | abbreviated format | 04-07-1996 | 1996-31200564 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,155 | 54,290 | 43,622 | 18,217 | -29,591 | 278,880 | 22,564 | 42,140 | 54,405 | 79,286 | 55,775 | 91,576 | 93,252 | 113,688 | 103,970 | 66,084 | 110,625 | ||
| 29,949 | 263,172 | 22,248 | 14,367 | -34,074 | 192,179 | 3,694 | 22,678 | 31,759 | 61,888 | 16,505 | -215,765 | 55,908 | 73,700 | 61,134 | 35,897 | 72,247 | ||
| 0 | 18,543 | 0 | 0 | 11,088 | -289,881 | 15,000 | 0 | 3,731 | 387,871 | -16,305 | -244,847 | 19,999 | 143,131 | 62,979 | 47,392 | 58,422 | ||
| 5,952 | 1,741 | -9,036 | -54,064 | -105,818 | 152,521 | 18,663 | -7 | 38 | -1,795 | -27,373 | - | - | 85 | -11,920 | 11,563 | - | ||
| 132,101 | 235,998 | -48,097 | -47,745 | -36,415 | 31,898 | -220,900 | -121,095 | -99,492 | -88,730 | -50,940 | -65,584 | -24,536 | -8,687 | 3,717 | -13,254 | -65,200 | ||
| 44.2% | 58.7% | 24.5% | 20.8% | 16.8% | 20.0% | -6.4% | -3.1% | -2.8% | -3.7% | -5.2% | -5.5% | 27.5% | 23.4% | 21.1% | 15.9% | 12.5% | ||
| 1.71 | 4.13 | 0.50 | 0.54 | 0.77 | 1.12 | 0.18 | 0.22 | 0.29 | 0.28 | 0.45 | 0.43 | 0.81 | 0.91 | 1.04 | 0.81 | 0.45 | ||
| 1.26 | 0.70 | 3.07 | 3.82 | 4.96 | 3.99 | - | - | - | - | - | - | 2.49 | 3.10 | 3.61 | 5.17 | 6.89 | ||
| 11.4% | 72.9% | 11.1% | 2.9% | -62.6% | 135.0% | - | - | - | - | - | - | 20.8% | 24.9% | 30.1% | 15.6% | 61.6% | ||
| 5.0% | 42.8% | 2.7% | 0.6% | -10.5% | 27.1% | -3.5% | -0.2% | 1.0% | -0.8% | 0.9% | -52.7% | 5.7% | 5.8% | 6.4% | 2.5% | 7.7% | ||
| 6.04 | -4.20 | 1.86 | 3.32 | -5.06 | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €18,543 | - | - | €11,088 |
| €0 | €12,177 | €11,937 | €11,937 | €16,197 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on De Link
The operating result for 2025 is 24% lower than in 2024.
Debt's share of the balance-sheet total rises from 41.3% to 55.8%. Equity is lower and debt is higher.
- 2025 Net result -88% on 2024. The accounts now follow the micro format, last year the abbreviated format.