Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 18 filings
Turnover
≈ €89,000
Estimated: probably between €55,000 and €130,000
Total assets
€5.6m▲ 0.6%
2024 · €5.6m
Net result
€19,714▼ 20.9%
2024 · €24,934
Working capital
-€4.0m=
2024 · -€4.0m
In the rankings
#5 company by total assets in Boortmeerbeek, Professional and technical services sector#9 company by equity in Boortmeerbeek, Professional and technical services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€33,507
▼ 0.7%
2025
20182025
Net result
€19,714
▼ 20.9%
2025
middle half of the sector
20182025
Equity
€1.4m
▲ 1.5%
2025
highest quarter of the sector
20182025
Total assets
€5.6m
▲ 0.6%
2025
highest quarter of the sector
20182025
Debt
€4.2m
▲ 0.4%
2025
20182025
Working capital
-€4.0m
=
2025
lowest quarter of the sector
20182025
Solvency
24.3%
▲ 0.2pp
2025
middle half of the sector
20182025
Current ratio
0.05
▲ 0.01
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
0.4%
▼ 0.1pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.03m▼ 20.6%€0.03m▲ 0.6%€0.02m▼ 25.2%€0.03m▲ 36.8%€0.03m▼ 4.3%€0.03m▲ 3.6%€0.03m▼ 0.7%
Net result-€0.02m-€0.006m€0.006mwithin the sector's middle half▲ 3.3%-€0.002mbelow the sector's middle half€0.007mwithin the sector's middle half€0.005mwithin the sector's middle half▼ 21.2%€0.02mwithin the sector's middle half▲ 374%€0.02mwithin the sector's middle half▼ 20.9%
Equity€1.3m-€1.3m▲ 0.4%€1.3mabove the sector's middle half▲ 0.5%€1.3mabove the sector's middle half▼ 0.2%€1.3mabove the sector's middle half▲ 0.5%€1.3mabove the sector's middle half▲ 0.4%€1.3mabove the sector's middle half▲ 1.9%€1.4mabove the sector's middle half▲ 1.5%
Total assets€5.5m-€5.4m▼ 0.6%€5.5mabove the sector's middle half▲ 0.8%€5.5mabove the sector's middle half▲ 0.1%€5.5mabove the sector's middle half▲ 0.3%€5.5mabove the sector's middle half▲ 0.2%€5.6mabove the sector's middle half▲ 1.1%€5.6mabove the sector's middle half▲ 0.6%
Debt€2.7m-€4.1m▲ 53.7%€4.2m▲ 0.9%€4.2m▲ 0.1%€4.2m▲ 0.2%€4.2m▲ 0.1%€4.2m▲ 0.8%€4.2m▲ 0.4%
Working capital-€2.6m--€1.1m▲ 58.7%-€1.1mbelow the sector's middle half▲ 0.5%-€1.1mbelow the sector's middle half▼ 0.2%-€1.1mbelow the sector's middle half▲ 0.6%-€1.5mbelow the sector's middle half▼ 38.5%-€4.0mbelow the sector's middle half▼ 172%-€4.0mbelow the sector's middle half=
Solvency23.7%-24.0%▲ 0.2pp23.9%below the sector's middle half▼ 0.1pp23.8%below the sector's middle half▼ 0.1pp23.9%below the sector's middle half▲ 0.1pp23.9%below the sector's middle half▲ 0.1pp24.1%below the sector's middle half▲ 0.2pp24.3%within the sector's middle half▲ 0.2pp
Current ratio0.03-0.03▲ 0.010.07below the sector's middle half▲ 0.040.07below the sector's middle half=0.08below the sector's middle half▲ 0.010.07below the sector's middle half▼ 0.020.04below the sector's middle half▼ 0.030.05below the sector's middle half▲ 0.01
Return on assets (ROA)-0.4%-0.1%▲ 0.5pp0.1%below the sector's middle half=0.0%below the sector's middle half▼ 0.2pp0.1%below the sector's middle half▲ 0.2pp0.1%below the sector's middle half=0.4%below the sector's middle half▲ 0.4pp0.4%within the sector's middle half▼ 0.1pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 1% lower than in 2024.
Turnover 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.6m
Fixed assets
€5.4m =
Current assets
€204,609 ▲ 21.2%
Equity and liabilities €5.6m
Equity
€1.4m ▲ 1.5%
Debt
€4.2m ▲ 0.4%
Debt's share of the balance-sheet total falls from 75.9% to 75.7%. Equity and debt are higher.
Key figures and ratios
ROE
1.4%▼
2024 · 1.9%
Debt ≤ 1 year
€4.2m▲
2024 · €4.2m
Debt > 1 year
€34▼
2024 · €19,034
Income taxes
€5,838
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | €42,694 | €33,907 | €34,099 | €25,726 | €34,884 | €33,517 | €34,704 | €34,506 | ▼ 0.6% |
| Operating profit (loss)9901 | €41,615 | €33,039 | €33,231 | €24,858 | €34,016 | €32,557 | €33,737 | €33,507 | ▼ 0.7% |
| Recurring financial income75 | - | - | €1 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €27,326 | €27,341 | €27,296 | €8,803 | €7,955 | ▼ 9.6% |
| Recurring financial charges65 | €61,512 | €27,285 | €27,289 | €27,326 | €27,341 | €27,296 | €8,803 | €7,955 | ▼ 9.6% |
| Profit (loss) for the period before taxes9903 | -€19,897 | €5,754 | €5,942 | -€2,468 | €6,676 | €5,260 | €24,934 | €25,552 | ▲ 2.5% |
| Income taxes67/77 | €98 | - | - | - | - | - | - | €5,838 | - |
| Profit (loss) for the period9904 | -€19,996 | €5,754 | €5,942 | -€2,468 | €6,676 | €5,260 | €24,934 | €19,714 | ▼ 20.9% |
| Profit (loss) for the period to be appropriated9905 | -€19,996 | €5,754 | €5,942 | -€2,468 | €6,676 | €5,260 | €24,934 | €19,714 | ▼ 20.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.5m | €5.4m | €5.5m | €5.5m | €5.5m | €5.5m | €5.6m | €5.6m | ▲ 0.6% |
| Fixed assets21/28 | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | = |
| Financial fixed assets28 | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | = |
| Current assets29/58 | €0.07m | €0.04m | €0.08m | €0.08m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 21.2% |
| Amounts receivable within one year40/41 | €0.06m | - | €6 | €0.02m | €0.07m | €0.1m | €0.03m | €0.02m | ▼ 26.7% |
| Trade receivables40 | - | - | - | €0.02m | €0.07m | €0.1m | €0.03m | €0.02m | ▼ 33.3% |
| Other amounts receivable41 | - | - | - | €13 | €0.008m | €35 | - | €0.002m | - |
| Cash at bank and in hand54/58 | €0.006m | €0.04m | €0.08m | €0.06m | €0.03m | €309 | €0.1m | €0.2m | ▲ 32.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.5m | €5.4m | €5.5m | €5.5m | €5.5m | €5.5m | €5.6m | €5.6m | ▲ 0.6% |
| Equity10/15 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.4m | ▲ 1.5% |
| Contributions10/11 | €1.3m | €1.3m | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | - | €0.01m | €0.03m | ▲ 146% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €0.01m | €0.03m | ▲ 146% |
| Profit (loss) carried forward14 | -€0.03m | -€0.03m | -€0.02m | -€0.02m | -€0.02m | -€0.01m | - | - | - |
| Provisions and deferred taxes16 | €1.5m | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €2.7m | €4.1m | €4.2m | €4.2m | €4.2m | €4.2m | €4.2m | €4.2m | ▲ 0.4% |
| Amounts payable after more than one year17 | - | €3.0m | €3.0m | €3.0m | €3.0m | €2.6m | €0.02m | €34 | ▼ 99.8% |
| Financial debts170/4 | - | - | - | - | - | - | €0.02m | €34 | ▼ 99.8% |
| Other amounts payable178/9 | - | - | - | €3.0m | €3.0m | €2.6m | - | - | - |
| Amounts payable within one year42/48 | €2.7m | €1.1m | €1.2m | €1.2m | €1.2m | €1.6m | €4.2m | €4.2m | ▲ 0.9% |
| Trade debts44 | - | €36 | - | - | €101 | €200 | - | - | - |
| Suppliers440/4 | - | - | - | - | €101 | €200 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.004m | €0.002m | €0.001m | €0.001m | ▼ 15.4% |
| Taxes450/3 | - | - | - | €0.002m | €0.004m | €0.002m | €0.001m | €0.001m | ▼ 15.4% |
| Other amounts payable47/48 | - | - | - | €1.2m | €1.2m | €1.6m | €4.2m | €4.2m | ▲ 0.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.009m | €0.008m | ▼ 10.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,996 | €5,754 | €5,942 | -€2,468 | €6,676 | €5,260 | €24,934 | €19,714 | ▼ 20.9% |
| Operating cash flow (approximation) | -€19,996 | €5,754 | €5,942 | -€2,468 | €6,676 | €5,260 | €24,934 | €19,714 | ▼ 20.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €29,162 | €44,990 | -€18,265 | -€36,099 | -€25,697 | €135,891 | €44,467 | ▼ 67.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00183274 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00176578 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00164003 | |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00143655 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20074727 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-21900054 | |
| 31-12-2019 | micro format | 02-07-2020 | 2020-25600261 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-24800250 | |
| 31-12-2017 | abbreviated format | 06-07-2018 | 2018-29700171 | |
| 31-12-2016 | abbreviated format | 20-06-2017 | 2017-18900014 |