Deeper Analytics
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €150,000 and €390,000.
Balance sheet
balance sheet total €467,189 on 31-12-2025in euro
in euro
Position in the sector
98.1%
Higher than 95% of 2,302 companies in 2025.
53.92
Higher than 95% of 2,199 companies in 2025.
15.7%
Higher than 52% of 2,233 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 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
467,189 | 470,133 | 371,140 | 276,159 | 203,312 | 136,311 | 103,621 | |
21/28 |
0 | 343 | 2,778 | 5,213 | - | - | - | |
22/27 |
0 | 343 | 2,778 | 5,213 | - | - | - | |
24 |
0 | 343 | 2,778 | 5,213 | - | - | - | |
29/58 |
467,189 | 469,790 | 368,362 | 270,946 | 203,312 | 136,311 | 103,621 | |
40/41 |
28,750 | 42,837 | 33,222 | 19,012 | 22,022 | 46,219 | 19,950 | |
40 |
0 | 37,837 | 33,222 | 18,419 | 22,021 | 29,066 | 17,424 | |
41 |
28,750 | 5,000 | - | 593 | 1 | 17,153 | 2,526 | |
50/53 |
290,018 | 297,083 | 171,852 | 135,074 | 60,359 | - | - | |
54/58 |
146,982 | 125,248 | 162,859 | 109,292 | 120,500 | 89,136 | 82,736 | |
490/1 |
1,439 | 4,622 | 430 | 7,568 | 431 | 956 | 935 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
467,189 | 470,133 | 371,140 | 276,159 | 203,312 | 136,311 | 103,621 | |
10/15 |
458,524 | 385,175 | 332,176 | 240,122 | 167,609 | 111,665 | 79,287 | |
10/11 |
18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | |
13 |
384,924 | 366,568 | 313,570 | 233,915 | 161,402 | 105,458 | 73,080 | |
133 |
384,924 | 366,568 | 313,570 | 233,915 | 161,402 | 105,458 | 73,080 | |
14 |
55,000 | 7 | 7 | 7 | 7 | 7 | 7 | |
17/49 |
8,665 | 84,958 | 38,964 | 36,037 | 35,703 | 24,646 | 24,335 | |
42/48 |
8,665 | 84,958 | 13,964 | 11,037 | 35,703 | 24,646 | 24,335 | |
44 |
6,561 | 3,382 | 700 | 2,223 | 100 | 24,555 | 24,335 | |
440/4 |
6,561 | 3,382 | 700 | 2,223 | 100 | 24,555 | 24,335 | |
45 |
2,103 | 8,138 | 12,091 | 8,814 | 11,264 | - | - | |
450/3 |
2,103 | 8,138 | 12,091 | 8,814 | 11,264 | - | - | |
47/48 |
0 | 73,438 | 1,173 | - | 24,339 | 91 | - | |
492/3 |
- | 0 | 25,000 | 25,000 | - | - | - | |
| Income statement | ||||||||
9900 |
75,163 | 158,989 | 138,257 | 109,268 | 78,023 | 45,644 | 102,645 | |
630 |
343 | 2,435 | 2,435 | 2,093 | - | - | - | |
640/8 |
400 | 387 | 384 | 348 | 348 | - | - | |
9901 |
74,421 | 156,167 | 135,438 | 106,828 | 77,676 | 45,644 | 102,645 | |
75/76B |
18,111 | 22,109 | 1,646 | 674 | 608 | - | 13 | |
75 |
9,769 | 8,536 | 1,646 | 674 | 608 | - | 13 | |
76B |
8,342 | 13,573 | - | - | - | - | - | |
65/66B |
125 | 8,456 | 13,692 | 157 | 265 | 232 | 285 | |
65 |
125 | 114 | 13,692 | 157 | 265 | 232 | 285 | |
66B |
0 | 8,342 | - | - | - | - | - | |
9903 |
92,407 | 169,819 | 123,392 | 107,344 | 78,019 | 45,412 | 102,373 | |
67/77 |
19,057 | 43,741 | 43,738 | 34,831 | 22,075 | 13,034 | 29,286 | |
9904 |
73,350 | 126,079 | 79,654 | 72,513 | 55,944 | 32,378 | 73,087 | |
9905 |
73,350 | 126,079 | 79,654 | 72,513 | 55,944 | 32,378 | 73,087 | |
| Appropriation of the result | ||||||||
9906 |
73,356 | 126,085 | 79,661 | 72,520 | 55,950 | 32,385 | 73,087 | |
14P |
7 | 7 | 7 | 7 | 7 | - | - | |
791/2 |
0 | 73,080 | - | - | - | - | - | |
691/2 |
18,356 | 126,079 | 79,654 | 72,513 | 55,944 | 32,378 | 73,080 | |
6921 |
18,356 | 126,079 | 79,654 | 72,513 | 55,944 | 32,378 | 73,080 | |
694/7 |
0 | 73,080 | - | - | - | - | - | |
694 |
0 | 73,080 | - | - | - | - | - | |
| 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 31-07-2026.
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 | 31-07-2026 | 2026-00364085 | |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00363196 | |
| 31-12-2023 | micro format | 18-08-2024 | 2024-00348587 | |
| 31-12-2022 | micro format | 07-08-2023 | 2023-00315712 | |
| 31-12-2021 | micro format | 14-08-2022 | 2022-20286964 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-26600033 | |
| 31-12-2019 | micro format | 18-08-2020 | 2020-42000260 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 74,763 | 158,602 | 137,873 | 108,920 | - | - | - | ||
| 73,692 | 128,514 | 82,090 | 74,606 | - | - | - | ||
| 0 | 0 | 0 | 7,306 | - | - | - | ||
| 21,734 | -37,610 | 53,566 | -11,208 | 31,365 | 6,400 | - | ||
| 458,524 | 384,832 | 354,398 | 259,909 | 167,609 | 111,665 | 79,287 | ||
| 98.1% | 81.9% | 89.5% | 87.0% | 82.4% | 81.9% | 76.5% | ||
| 53.92 | 5.53 | 26.38 | 24.55 | 5.69 | 5.53 | 4.26 | ||
| 0.02 | 0.22 | 0.12 | 0.15 | 0.21 | 0.22 | 0.31 | ||
| 16.0% | 32.7% | 24.0% | 30.2% | 33.4% | 29.0% | 92.2% | ||
| 15.7% | 26.8% | 21.5% | 26.3% | 27.5% | 23.8% | 70.5% | ||
| over 100 | over 100 | 10.07 | 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 | - | - | - | €7,306 | - |
| Financial fixed assets | €0 | - | - | - | - |
| €343 | €2,435 | €2,435 | €2,093 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Deeper Analytics
The operating result for 2025 is 52% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total falls from 18.1% to 1.9%. Equity is higher and debt is lower.