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DEGRO

Active
Private limited companyfounded 1991active for 35 yearsRozendaalstraat 111, 8900 Ieper, BelgiumKBO/BCE: BE 0444.035.910

Financials · financial year 2026, full format

Annual accounts 2026 filed on 28-08-2026 at the NBB all 34 filings

Turnover
€13.1m▼ 3.7%
2025 · €13.6m
EBIT margin
3.0%▼ 9.2pp
2025 · 12.2%
Net result
€154,320▼ 86.7%
2025 · €1.2m
Working capital
€4.5m▼ 28.1%
2025 · €6.2m
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is 76% lower than in 2025 and the lowest since 2022.

Turnover€13.1m 2026 Operating result€0.4m 2026 Net result€0.2m 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Turnover€13.6m€10.7m▼ 21.1%€12.3m▲ 14.8%€13.1m▲ 6.0%€13.9m▲ 6.5%€13.6m▼ 2.5%€13.1m▼ 3.7%
Operating result€1.7m-€1.6m▼ 9.8%€1.0m▼ 35.8%€1.3m▲ 25.6%€0.7m▼ 41.9%€1.2m▲ 71.0%€1.7m▲ 33.1%€0.4m▼ 76.2%
Net result€1.3m-€1.1m▼ 18.7%€0.7mabove the sector's middle half▼ 35.0%€1.0mabove the sector's middle half▲ 40.1%€0.5mabove the sector's middle half▼ 45.9%€0.8mabove the sector's middle half▲ 55.0%€1.2mabove the sector's middle half▲ 40.3%€0.2m▼ 86.7%
EBIT margin11.4%9.3%▼ 2.1pp10.2%▲ 0.9pp5.6%▼ 4.6pp8.9%▲ 3.4pp12.2%▲ 3.3pp3.0%▼ 9.2pp
Equity€5.6m-€6.2m▲ 11.2%€6.9mabove the sector's middle half▲ 11.2%€7.9mabove the sector's middle half▲ 14.2%€8.5mabove the sector's middle half▲ 6.7%€9.3mabove the sector's middle half▲ 9.7%€9.4mabove the sector's middle half▲ 1.7%€6.4m▼ 32.7%
Total assets€11.1m-€11.8m▲ 5.8%€12.5mabove the sector's middle half▲ 6.0%€14.4mabove the sector's middle half▲ 15.5%€16.5mabove the sector's middle half▲ 14.4%€18.4mabove the sector's middle half▲ 11.7%€20.1mabove the sector's middle half▲ 8.7%€14.7m▼ 26.9%
Debt€5.5m-€5.5m▲ 0.3%€5.6m▲ 0.3%€6.5m▲ 17.2%€8.1m▲ 23.8%€9.2m▲ 13.8%€10.6m▲ 15.8%€8.3m▼ 21.8%
Working capital€3.9m-€4.1m▲ 5.4%€4.7mabove the sector's middle half▲ 16.3%€5.3mabove the sector's middle half▲ 12.2%€5.1mabove the sector's middle half▼ 3.7%€4.6mabove the sector's middle half▼ 9.5%€6.2mabove the sector's middle half▲ 34.1%€4.5m▼ 28.1%
Solvency50.4%-53.0%▲ 2.6pp55.5%within the sector's middle half▲ 2.6pp54.9%within the sector's middle half▼ 0.6pp51.2%within the sector's middle half▼ 3.7pp50.3%within the sector's middle half▼ 0.9pp47.1%within the sector's middle half▼ 3.2pp43.4%▼ 3.7pp
Current ratio2.20-2.29▲ 0.092.66above the sector's middle half▲ 0.382.72above the sector's middle half▲ 0.052.32within the sector's middle half▼ 0.402.23within the sector's middle half▼ 0.092.41within the sector's middle half▲ 0.182.04▼ 0.37
Return on assets (ROA)11.9%-9.2%▼ 2.8pp5.6%within the sector's middle half▼ 3.5pp6.8%within the sector's middle half▲ 1.2pp3.2%within the sector's middle half▼ 3.6pp4.5%within the sector's middle half▲ 1.2pp5.8%within the sector's middle half▲ 1.3pp1.1%▼ 4.7pp
Staff (FTE)36.2-37.8▲ 4.4%37.7above the sector's middle half▼ 0.3%38above the sector's middle half▲ 0.8%41above the sector's middle half▲ 7.9%31.9above the sector's middle half▼ 22.2%36.2above the sector's middle half▲ 13.5%33.3▼ 8.0%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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.
Large changes and their cause
  • 2026 Net result -87% on 2025. Partial demerger to FORTAN MANAGEMENT, Official Gazette 23-02-2026. Merger absorbing DEGROCON, proposed with effect from 23-09-2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €14.7m
Fixed assets €5.9m ▼ 37.5%
Current assets €8.8m ▼ 17.5%
Equity and liabilities €14.7m
Equity €6.4m ▼ 32.7%
Debt €8.3m ▼ 21.8%
Debt's share of the balance-sheet total rises from 52.9% to 56.6%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€2.3m▼
2025 · €4.5m
Cash flow
€2.1m▼
2025 · €4.0m
Quick ratio
1.66▼
2025 · 1.96
Debt to equity
1.31▲
2025 · 1.12
ROE
2.4%▼
2025 · 12.3%
Interest coverage
13.40▼
2025 · 17.02
Debt ≤ 1 year
€4.3m▼
2025 · €4.4m
Debt > 1 year
€4.0m▼
2025 · €6.2m
Income taxes
€68,338▼
2025 · €247,542
Customer credit
95 days▼
2025 · 105 days
Supplier credit
182 days▲
2025 · 155 days
Staff costs
€2.3m▲
2025 · €2.3m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as DEGRO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €10m and €19m, founded between 1984 and 2000.

CompanyFoundedTotal assetsEquityTurnoverNet resultFTEFinancial year
DEGRO Ieper1991€14.7m€6.4m€13.1m€0.2m33.32026
BENELMAT Gembloux1997€15.6m€5.6m€12.2m-€1.1m40.52025
WILG Europe Arendonk1998€16.3m€2.7m€15.5m-€1.0m35.22025
GOUDA VUURVAST BELGIUM Wijnegem1996€17.4m€2.8m€14.1m€2.2m42.42025
WILLY NAESSENS SWIMMING POOLS Oudenaarde2000€15.4m€1.8m€13.9m€0.05m39.72025
INTERNATIONAL MONTAGE MAINTENANCE Waterloo1984€10.5m€4.1m€11.5m€1.4m232025
LAMEIRE FUNDERINGSTECHNIEKEN Eeklo1999€19.0m€4.1m€21.6m€2.7m34.52025

They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 14,766 companies had the same profile as DEGRO has now. Two years later, 0.2% had gone bankrupt and 96.2% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEGRO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for DEGRO. 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.

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €13,727 awarded · €11,462 paid
Year Entries AwardedPaid
2025 1 €5,927€4,130
2024 1 €3,015€2,796
2023 1 €1,016€3,257
2022 1 €3,769€1,279
Schemes
4 entries · €13,727 · €11,462 paid · Fonds voor Innoveren en Ondernemen

Public contracts

1 award · 2025
IEPER Reconversie bedrijventerrein Ieperleekanaal Fase 2: 23126-2 - 1
buyer: West-Vlaamse IntercommunaleConstruction workawarded 18-12-2025€6.9m2 tendersTED 58694-2026

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 84 lines

Source: Annual accounts 2026 at the NBB, filed on 28-08-2026.

Balance sheet Code20252026
Assets
Total assets20/58€20.1m€14.7m▼
Fixed assets21/28€9.4m€5.9m▼
Intangible fixed assets21-€0.1m
Tangible fixed assets22/27€8.8m€5.8m▼
Land and buildings22€3.2m€2.7m▼
Plant, machinery and equipment23€1.2m€1.7m▲
Furniture and vehicles24€0.1m€0.1m▲
Leasing and similar rights25€4.4m€1.2m▼
Financial fixed assets28€0.6m€0.002m▼
Affiliated companies280/1€0.6m-
Participating interests280€0.6m-
Other financial fixed assets284/8€0.004m€0.002m▼
Amounts receivable and cash guarantees285/8€0.004m€0.002m▼
Current assets29/58€10.6m€8.8m▼
Stocks and contracts in progress3€2.0m€1.6m▼
Stocks30/36€0.04m€0.04m▲
Goods purchased for resale34€0.04m€0.04m▲
Contracts in progress37€1.9m€1.6m▼
Amounts receivable within one year40/41€5.7m€3.9m▼
Trade receivables40€3.9m€3.4m▼
Other amounts receivable41€1.8m€0.4m▼
Current investments50/53-€0.3m
Other investments51/53-€0.3m
Cash at bank and in hand54/58€2.8m€2.9m▲
Deferred charges and accrued income490/1€0.1m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€20.1m€14.7m▼
Equity10/15€9.4m€6.4m▼
Contributions10/11€0.04m€0.03m▼
Reserves13€9.4m€6.3m▼
Tax-exempt reserves132€3.6m€2.7m▼
Distributable reserves133€5.8m€3.6m▼
Amounts payable17/49€10.6m€8.3m▼
Amounts payable after more than one year17€6.2m€4.0m▼
Financial debts170/4€6.2m€4.0m▼
Leasing and similar obligations172€3.3m€1.0m▼
Credit institutions173€2.9m€3.0m▲
Amounts payable within one year42/48€4.4m€4.3m▼
Current portion of amounts payable after more than one year42€2.0m€1.1m▼
Financial debts43€0.1m€0.1m▼
Credit institutions430/8€0.1m€0.1m▼
Trade debts44€2.0m€1.9m▼
Suppliers440/4€2.0m€1.9m▼
Taxes, remuneration and social security45€0.2m€0.1m▼
Taxes450/3€0.07m€0.01m▼
Remuneration and social security454/9€0.1m€0.09m▼
Other amounts payable47/48€0.2m€1.2m▲
Accrued charges and deferred income492/3€0.02m€0.03m▲
Income statement Code20252026
Operating income70/76A€15.4m€13.1m▼
Turnover70€13.6m€13.1m▼
Change in stocks of work in progress, finished goods and contracts in progress71€1.7m-€0.3m▼
Other operating income74€0.02m€0.2m▲
Non-recurring operating income76A€0.07m€0.2m▲
Operating charges60/66A€13.8m€12.7m▼
Goods for resale, raw materials and consumables60€4.6m€3.8m▼
Purchases600/8€4.6m€3.8m▼
Change in stocks: decrease (increase)609-€0.002m-€0.002m▲
Services and other goods61€3.9m€4.7m▲
Remuneration, social security and pensions62€2.3m€2.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.8m€1.9m▼
Other operating charges640/8€0.05m€0.1m▲
Non-recurring operating charges66A€0.07m€0.001m▼
Operating profit (loss)9901€1.7m€0.4m▼
Financial income75/76B€0.05m€0.08m▲
Recurring financial income75€0.05m€0.08m▲
Income from current assets751-€0.005m
Other financial income752/9€0.05m€0.07m▲
Financial charges65/66B€0.3m€0.2m▼
Recurring financial charges65€0.3m€0.2m▼
Debt charges650€0.3m€0.2m▼
Other financial charges652/9€0.04m€0.08m▲
Profit (loss) for the period before taxes9903€1.4m€0.2m▼
Income taxes67/77€0.2m€0.07m▼
Taxes670/3€0.4m€0.08m▼
Tax adjustments and reversals of tax provisions77€0.1m€0.01m▼
Profit (loss) for the period9904€1.2m€0.2m▼
Profit (loss) for the period to be appropriated9905€1.2m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.2m€0.2m▼
Transfer from equity791/2€1.0m€1.0m=
From reserves792€1.0m€1.0m=
Transfer to equity691/2€1.2m€0.2m▼
To other reserves6921€1.2m€0.2m▼
Profit to be distributed694/7€1.0m€1.0m=
Return on contributions (dividend)694€1.0m€1.0m=
Social balance sheet
Average headcount (FTE)908736.233.3▼

The notes to these accounts have 90 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.

Line20192020202120222023202420252026Change
Operating income70/76A---€12.2m€14.1m€13.3m€15.4m€13.1m▼ 14.9%
Turnover70-€13.6m€10.7m€12.3m€13.1m€13.9m€13.6m€13.1m▼ 3.7%
Change in stocks of work in progress, finished goods and contracts in progress71----€0.4m€1.0m-€1.0m€1.7m-€0.3m-
Other operating income74---€0.02m€0.06m€0.08m€0.02m€0.2m▲ 567%
Non-recurring operating income76A---€0.2m-€0.4m€0.07m€0.2m▲ 261%
Operating charges60/66A---€10.9m€13.4m€12.1m€13.8m€12.7m▼ 7.5%
Goods for resale, raw materials and consumables60---€2.8m€3.6m€3.7m€4.6m€3.8m▼ 19.2%
Purchases600/8---€2.8m€3.5m€3.7m€4.6m€3.8m▼ 19.2%
Change in stocks: decrease (increase)609----€0.05m€0.05m€0.004m-€0.002m-€0.002m▲ 6.9%
Services and other goods61---€4.2m€5.0m€3.8m€3.9m€4.7m▲ 18.8%
Remuneration, social security and pensions62---€2.2m€2.5m€2.0m€2.3m€2.3m▲ 0.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€1.3m€1.4m€1.7m€2.3m€2.5m€2.8m€1.9m▼ 32.4%
Other operating charges640/8---€0.04m€0.05m€0.04m€0.05m€0.1m▲ 173%
Non-recurring operating charges66A---€0.03m€0.003m€0.03m€0.07m€0.001m▼ 98.9%
Gross operating margin9900€4.9m--------
Operating profit (loss)9901€1.7m€1.6m€1.0m€1.3m€0.7m€1.2m€1.7m€0.4m▼ 76.2%
Financial income75/76B---€0.1m€0.06m€0.03m€0.05m€0.08m▲ 48.2%
Recurring financial income75€0.05m€0.1m€0.04m€0.1m€0.06m€0.03m€0.05m€0.08m▲ 48.2%
Income from current assets751---€3€303--€0.005m-
Other financial income752/9---€0.1m€0.06m€0.03m€0.05m€0.07m▲ 38.9%
Financial charges65/66B---€0.08m€0.1m€0.2m€0.3m€0.2m▼ 18.2%
Recurring financial charges65€0.07m€0.08m€0.07m€0.08m€0.1m€0.2m€0.3m€0.2m▼ 18.2%
Debt charges650-€0.03m€0.03m€0.03m€0.05m€0.2m€0.3m€0.2m▼ 34.7%
Other financial charges652/9---€0.05m€0.07m€0.06m€0.04m€0.08m▲ 86.8%
Profit (loss) for the period before taxes9903€1.7m€1.6m€1.0m€1.3m€0.7m€1.0m€1.4m€0.2m▼ 84.1%
Transfer from deferred taxes780---€0.005m-----
Income taxes67/77€0.4m€0.5m€0.3m€0.3m€0.1m€0.2m€0.2m€0.07m▼ 72.4%
Taxes670/3---€0.3m€0.2m€0.3m€0.4m€0.08m▼ 77.7%
Tax adjustments and reversals of tax provisions77----€0.05m€0.06m€0.1m€0.01m▼ 89.0%
Profit (loss) for the period9904€1.3m€1.1m€0.7m€1.0m€0.5m€0.8m€1.2m€0.2m▼ 86.7%
Transfer from tax-exempt reserves789---€0.01m-----
Profit (loss) for the period to be appropriated9905€1.3m€1.1m€0.8m€1.0m€0.5m€0.8m€1.2m€0.2m▼ 86.7%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€11.1m€11.8m€12.5m€14.4m€16.5m€18.4m€20.1m€14.7m▼ 26.9%
Fixed assets21/28€4.0m€4.5m€4.9m€6.0m€7.5m€10.0m€9.4m€5.9m▼ 37.5%
Intangible fixed assets21-------€0.1m-
Tangible fixed assets22/27€4.0m€4.5m€4.9m€6.0m€7.1m€9.6m€8.8m€5.8m▼ 34.8%
Land and buildings22---€0.6m€0.5m€1.7m€3.2m€2.7m▼ 14.3%
Plant, machinery and equipment23---€1.2m€1.5m€1.3m€1.2m€1.7m▲ 51.2%
Furniture and vehicles24---€0.2m€0.1m€0.08m€0.1m€0.1m▲ 17.3%
Leasing and similar rights25---€4.0m€5.0m€6.6m€4.4m€1.2m▼ 73.6%
Financial fixed assets28€0.003m€0.003m€0.003m€0.003m€0.4m€0.4m€0.6m€0.002m▼ 99.7%
Affiliated companies280/1----€0.4m€0.4m€0.6m--
Participating interests280----€0.4m€0.4m€0.6m--
Other financial fixed assets284/8---€0.003m€0.003m€0.004m€0.004m€0.002m▼ 61.5%
Amounts receivable and cash guarantees285/8---€0.003m€0.003m€0.004m€0.004m€0.002m▼ 61.5%
Current assets29/58€7.1m€7.3m€7.6m€8.4m€9.0m€8.4m€10.6m€8.8m▼ 17.5%
Stocks and contracts in progress3€0.1m€0.04m€0.03m€0.3m€0.9m€0.2m€2.0m€1.6m▼ 17.2%
Stocks30/36---€0.09m€0.04m€0.04m€0.04m€0.04m▲ 5.0%
Goods purchased for resale34---€0.09m€0.04m€0.04m€0.04m€0.04m▲ 5.0%
Contracts in progress37---€0.2m€0.8m€0.2m€1.9m€1.6m▼ 17.6%
Amounts receivable within one year40/41€3.3m€3.5m€3.0m€4.7m€5.2m€4.3m€5.7m€3.9m▼ 32.8%
Trade receivables40---€4.4m€3.2m€2.6m€3.9m€3.4m▼ 12.9%
Other amounts receivable41---€0.4m€2.0m€1.7m€1.8m€0.4m▼ 75.8%
Current investments50/53-------€0.3m-
Other investments51/53-------€0.3m-
Cash at bank and in hand54/58€2.1m€3.3m€3.7m€3.2m€2.8m€3.8m€2.8m€2.9m▲ 3.6%
Deferred charges and accrued income490/1---€0.1m€0.2m€0.1m€0.1m€0.1m▼ 26.4%
Equity and liabilities
Total equity and liabilities10/49€11.1m€11.8m€12.5m€14.4m€16.5m€18.4m€20.1m€14.7m▼ 26.9%
Equity10/15€5.6m€6.2m€6.9m€7.9m€8.5m€9.3m€9.4m€6.4m▼ 32.7%
Contributions10/11€0.04m--€0.04m€0.04m€0.04m€0.04m€0.03m▼ 23.7%
Contributions outside capital11---€0.04m€0.04m€0.04m---
Other1109/19---€0.04m€0.04m€0.04m---
Reserves13€5.6m€6.2m€6.9m€7.9m€8.4m€9.2m€9.4m€6.3m▼ 32.7%
Tax-exempt reserves132---€3.6m€3.6m€3.6m€3.6m€2.7m▼ 23.7%
Distributable reserves133---€4.3m€4.8m€5.6m€5.8m€3.6m▼ 38.3%
Provisions and deferred taxes16€0.01m€0.009m€0.005m------
Amounts payable17/49€5.5m€5.5m€5.6m€6.5m€8.1m€9.2m€10.6m€8.3m▼ 21.8%
Amounts payable after more than one year17€2.3m€2.3m€2.7m€3.4m€4.2m€5.4m€6.2m€4.0m▼ 35.6%
Financial debts170/4---€3.4m€4.2m€5.4m€6.2m€4.0m▼ 35.6%
Leasing and similar obligations172---€2.4m€3.4m€4.9m€3.3m€1.0m▼ 69.3%
Credit institutions173---€0.9m€0.7m€0.4m€2.9m€3.0m▲ 3.4%
Amounts payable within one year42/48€3.2m€3.2m€2.9m€3.1m€3.9m€3.8m€4.4m€4.3m▼ 2.7%
Current portion of amounts payable after more than one year42---€1.5m€1.9m€2.1m€2.0m€1.1m▼ 46.1%
Financial debts43----€0.2m€0.1m€0.1m€0.1m▼ 0.5%
Credit institutions430/8----€0.2m€0.1m€0.1m€0.1m▼ 0.5%
Trade debts44€1.0m€1.2m€1.4m€1.4m€1.7m€1.5m€2.0m€1.9m▼ 5.4%
Suppliers440/4---€1.4m€1.7m€1.5m€2.0m€1.9m▼ 5.4%
Taxes, remuneration and social security45---€0.2m€0.2m€0.1m€0.2m€0.1m▼ 52.0%
Taxes450/3---€0.06m€0.01m€0.01m€0.07m€0.01m▼ 84.9%
Remuneration and social security454/9---€0.2m€0.1m€0.1m€0.1m€0.09m▼ 35.1%
Other amounts payable47/48---€0.001m€0.003m€0.007m€0.2m€1.2m▲ 555%
Accrued charges and deferred income492/3---€0.05m€0.01m€0.02m€0.02m€0.03m▲ 14.2%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€1.3m€1.1m€0.7m€1.0m€0.5m€0.8m€1.2m€0.2m▼ 86.7%
+ Depreciation and write-downs630€1.1m€1.3m€1.4m€1.7m€2.3m€2.5m€2.8m€1.9m▼ 32.4%
Operating cash flow (approximation)€2.5m€2.4m€2.1m€2.7m€2.8m€3.3m€4.0m€2.1m▼ 48.2%
Investment in fixed assets (approximation)--€1.8m-€1.7m-€2.8m-€3.8m-€5.0m-€2.2m€1.6m-
Change in cash-€1.2m€0.3m-€0.4m-€0.4m€1.0m-€1.0m€0.1m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 full format 28-08-2026 2026-00445406 NBB
31-03-2025 full format 25-08-2025 2025-00406190 PDF
31-03-2024 full format 03-12-2024 2024-00610602 PDF
31-03-2023 full format 18-09-2023 2023-00449009 PDF
31-03-2022 full format 13-07-2022 2022-20195926 PDF
31-03-2021 full format 01-07-2021 2021-28700190 PDF
31-03-2020 full format 25-08-2020 2020-45100508 PDF
28-02-2019 abbreviated format 24-06-2019 2019-22400221 PDF
28-02-2018 abbreviated format 17-05-2018 2018-13500366 PDF
31-03-2016 abbreviated format 16-06-2016 2016-18900322 PDF

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