DEVICER
InactiveOverview
Activity
Activity not known
Size
€57,901total assets 2025
- Equity
- €51,784
- Profit
- €2,625
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 of 3 deeds read
SignalsneutralFiled after the deadlineShow the evidence
Signals
1 signal.
neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
14 days late
2024
on the day
2023
23 days late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Resignations & appointments · End &…Resignation: bestuurder(s) (director) · Net-asset…
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €2,625 ▼64%
Financials · financial year 2025, micro format
2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398059.
Equity
€51,784▲ 5.3%
2024 · €49,159
Total assets
€57,901▲ 8.3%
2024 · €53,477
Net result
€2,625▼ 64.0%
2024 · €7,285
Working capital
€50,040▲ 10.1%
2024 · €45,448
Trend over the years
2022 to 2025, 4 financial years
The operating result has fallen three years in a row; 2025 is 69% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€4,630
2025
Net result€2,625
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€57,901
2025
Equity€51,784
2025
Debt€6,117
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€50,040
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€82,169-€40,663▼ 50.5%€15,162▼ 62.7%€4,630▼ 69.5%
Net result€61,941-€38,873▼ 37.2%€7,285▼ 81.3%€2,625▼ 64.0%
Equity€3,001-€41,874▲ 1,295%€49,159▲ 17.4%€51,784▲ 5.3%
Total assets€130,734-€97,379▼ 25.5%€53,477▼ 45.1%€57,901▲ 8.3%
Debt€127,733-€55,505▼ 56.5%€4,319▼ 92.2%€6,117▲ 41.6%
Working capital-€4,727-€36,155€45,448▲ 25.7%€50,040▲ 10.1%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,901
Fixed assets
€1,744 ▼ 53.0%
Current assets
€56,158 ▲ 12.8%
Equity and liabilities €57,901
Equity
€51,784 ▲ 5.3%
Debt
€6,117 ▲ 41.6%
Debt's share of the balance-sheet total rises from 8.1% to 10.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,214▼
2024 · €17,171
Cash flow
€4,209▼
2024 · €9,294
Current ratio
9.18▼
2024 · 11.52
Debt to equity
0.12▲
2024 · 0.09
ROE
5.1%▼
2024 · 14.8%
ROA
4.5%▼
2024 · 13.6%
Interest coverage
7.69▼
2024 · 23.56
Debt ≤ 1 year
€6,117▲
2024 · €4,319
Income taxes
€1,209▼
2024 · €7,160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,259 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,391 | €2,009 | €2,009 | €1,584 | ▼ 21.2% |
| Other operating charges640/8 | €459 | €626 | €368 | €315 | ▼ 14.3% |
| Non-recurring operating charges66A | - | - | - | €1,208 | - |
| Gross operating margin9900 | €85,019 | €43,297 | €17,539 | €7,736 | ▼ 55.9% |
| Operating profit (loss)9901 | €82,169 | €40,663 | €15,162 | €4,630 | ▼ 69.5% |
| Financial income75/76B | €52 | €13 | €11 | €13 | ▲ 10.3% |
| Recurring financial income75 | €52 | €13 | €11 | €13 | ▲ 10.3% |
| Financial charges65/66B | €280 | €1,314 | €729 | €808 | ▲ 10.9% |
| Recurring financial charges65 | €280 | €1,314 | €729 | €808 | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €81,941 | €39,361 | €14,445 | €3,834 | ▼ 73.5% |
| Income taxes67/77 | €20,000 | €488 | €7,160 | €1,209 | ▼ 83.1% |
| Profit (loss) for the period9904 | €61,941 | €38,873 | €7,285 | €2,625 | ▼ 64.0% |
| Profit (loss) for the period to be appropriated9905 | €61,941 | €38,873 | €7,285 | €2,625 | ▼ 64.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €130,734 | €97,379 | €53,477 | €57,901 | ▲ 8.3% |
| Fixed assets21/28 | €7,728 | €5,719 | €3,710 | €1,744 | ▼ 53.0% |
| Tangible fixed assets22/27 | €7,728 | €5,719 | €3,710 | €1,744 | ▼ 53.0% |
| Plant, machinery and equipment23 | €2,836 | €2,145 | €1,454 | €763 | ▼ 47.5% |
| Furniture and vehicles24 | €4,892 | €3,574 | €2,256 | €981 | ▼ 56.5% |
| Current assets29/58 | €123,006 | €91,659 | €49,767 | €56,158 | ▲ 12.8% |
| Stocks and contracts in progress3 | €51,543 | €33,503 | €24,161 | - | - |
| Stocks30/36 | €51,543 | €33,503 | €24,161 | - | - |
| Amounts receivable within one year40/41 | €11,701 | €13,453 | €18,208 | €15,403 | ▼ 15.4% |
| Trade receivables40 | €11,701 | €10,824 | €8,359 | €1,273 | ▼ 84.8% |
| Other amounts receivable41 | - | €2,629 | €9,849 | €14,131 | ▲ 43.5% |
| Cash at bank and in hand54/58 | €59,641 | €43,271 | €5,957 | €40,010 | ▲ 572% |
| Deferred charges and accrued income490/1 | €120 | €1,432 | €1,442 | €744 | ▼ 48.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €130,734 | €97,379 | €53,477 | €57,901 | ▲ 8.3% |
| Equity10/15 | €3,001 | €41,874 | €49,159 | €51,784 | ▲ 5.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €1 | €38,874 | €46,159 | €48,784 | ▲ 5.7% |
| Amounts payable17/49 | €127,733 | €55,505 | €4,319 | €6,117 | ▲ 41.6% |
| Amounts payable within one year42/48 | €127,733 | €55,505 | €4,319 | €6,117 | ▲ 41.6% |
| Financial debts43 | €20,000 | €10,000 | - | - | - |
| Credit institutions430/8 | €20,000 | €10,000 | - | - | - |
| Trade debts44 | €4,098 | €3,977 | €0 | €3,768 | - |
| Suppliers440/4 | €4,098 | €3,977 | €0 | €3,768 | - |
| Taxes, remuneration and social security45 | €12,325 | €8,617 | €4,103 | €2,054 | ▼ 49.9% |
| Taxes450/3 | €12,325 | €8,617 | €4,103 | €2,054 | ▼ 49.9% |
| Other amounts payable47/48 | €91,310 | €32,911 | €216 | €295 | ▲ 36.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,941 | €38,873 | €7,285 | €2,625 | ▼ 64.0% |
| + Depreciation and write-downs630 | €2,391 | €2,009 | €2,009 | €1,584 | ▼ 21.2% |
| Operating cash flow (approximation) | €64,332 | €40,882 | €9,294 | €4,209 | ▼ 54.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €383 | - |
| Change in cash | - | -€16,370 | -€37,315 | €34,053 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00398059 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00339066 |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00362851 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00294442 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2026
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| bestuurder(s) |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
03-09
Gazette deed
Resignations & appointments · End & cessationResignation: bestuurder(s) (director) · Net-asset statement · Auditor report9 facts ▸
Gazette deed
Resignations & appointments · End & cessation
Resignation: bestuurder(s) (director) · Net-asset statement · Auditor report9 facts ▸
- General meeting, 31-08-2026
- Board meeting, 05-06-2026
- Net-asset statement, 31-05-2026
- Other provision, “goedkeuring van het verslag van het bestuursorgaan, geen aanleiding tot opmerkingen” (deed in Dutch)
- Auditor report, 31-08-2026
- Dissolution, “ontbinding en onmiddellijke sluiting van de vereffening, artikel 2:80 van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Auditor discharge, “vanaf het begin van het lopend boekjaar tot op heden” (deed in Dutch)
- Director resignation, bestuurder(s) (director)
- Director discharge, bestuurder(s) (bestuurders)
14-08
NBB filing
Annual accounts filed
financial year 2025 · micro format · 14 days late
2025
31-12
Financial
Weakest financial yearnet €2,625 ▼64%
Net result drops to €2,625, the lowest in the series.
31-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial
Liquidity more than 6 timescurrent ratio 11.52
Current ratio from 1.65 to 11.52; short-term debt falls from €55,505 to €4,319.
23-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 23 days late
2023
31-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Tongeren-Borgloon
Ground area
9,670 m²
Building footprint
2,238 m²
Building volume
12,110 m³
Parcel 73348B0733/00D000, Flanders · tallest building 7.7 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73348B0733/00D000 | Flanders | 9,670 m² | 1 · 2,238 m² | 7.7 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “3700 Tongeren-Borgloon, Kleinveldstraat 11, 5” (deed in Dutch)
Read from the deeds: 2 provisions, deed of 03-09-2026