Dr. E. Voets
Annual accounts 2025
micro format, filed on 03-06-2026, 58 days before 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 ≈ €850,000. Estimated: probably between €760,000 and €1.2m.
Balance sheet
balance sheet total €1.3m on 31-12-2025in euro
in euro
Position in the sector
39.5%
Higher than 32% of 20,767 companies in 2025.
3.50
Higher than 58% of 20,341 companies in 2025.
16.2%
Higher than 40% of 20,623 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 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
1.3m | 1.3m | 1.3m | 1.4m | 1.6m | 1.7m | |
21/28 |
328,131 | 551,865 | 653,508 | 861,546 | 944,646 | 1.1m | |
21 |
189,493 | 373,065 | 556,636 | 740,207 | 923,779 | 1.1m | |
22/27 |
138,638 | 178,800 | 96,873 | 121,339 | 20,867 | 4,471 | |
24 |
131,552 | 168,828 | 84,014 | 105,594 | 1,332 | 2,664 | |
26 |
7,086 | 9,972 | 12,858 | 15,745 | 19,535 | 1,807 | |
29/58 |
948,547 | 726,160 | 683,421 | 526,417 | 640,453 | 578,538 | |
3 |
- | - | - | 143 | 3,446 | - | |
30/36 |
- | - | - | 143 | 3,446 | - | |
40/41 |
- | 34,370 | - | - | - | 489 | |
40 |
- | 495 | - | - | - | 489 | |
41 |
- | 33,875 | - | - | - | - | |
50/53 |
- | 202,421 | - | - | - | - | |
54/58 |
740,623 | 304,895 | 478,333 | 333,313 | 504,804 | 422,755 | |
490/1 |
207,924 | 184,474 | 205,088 | 192,961 | 132,203 | 155,294 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
1.3m | 1.3m | 1.3m | 1.4m | 1.6m | 1.7m | |
10/15 |
504,671 | 504,671 | 504,671 | 504,671 | 330,538 | 260,516 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
499,671 | 499,671 | 499,671 | 499,671 | 325,538 | 255,516 | |
133 |
499,671 | 499,671 | 499,671 | 499,671 | 325,538 | 255,516 | |
17/49 |
772,007 | 773,353 | 832,259 | 883,292 | 1.3m | 1.4m | |
17 |
500,000 | 585,000 | 585,000 | 760,000 | 1.2m | 1.3m | |
178/9 |
500,000 | 585,000 | 585,000 | 760,000 | 1.2m | 1.3m | |
42/48 |
270,757 | 153,451 | 244,598 | 111,289 | 66,284 | 128,594 | |
44 |
2,187 | 1,539 | 2,458 | 732 | 2,579 | 1,854 | |
440/4 |
2,187 | 1,539 | 2,458 | 732 | 2,579 | 1,854 | |
45 |
31,564 | 18,712 | 68,593 | 104,729 | 58,562 | 116,483 | |
450/3 |
31,564 | 18,162 | 68,593 | 104,729 | 55,512 | 113,433 | |
454/9 |
- | 550 | - | - | 3,050 | 3,050 | |
47/48 |
237,006 | 133,201 | 173,547 | 5,827 | 5,143 | 10,256 | |
492/3 |
1,250 | 34,901 | 2,661 | 12,004 | 3,277 | 1,250 | |
| Income statement | |||||||
9900 |
562,457 | 433,453 | 484,045 | 504,017 | 346,708 | 548,883 | |
630 |
236,747 | 228,745 | 208,038 | 190,999 | 187,381 | 179,885 | |
640/8 |
3,609 | 11,079 | 4,182 | 12,222 | 838 | 680 | |
66A |
- | 3,100 | - | - | - | - | |
9901 |
322,101 | 190,529 | 271,825 | 300,796 | 158,489 | 368,317 | |
75/76B |
540 | 6,157 | - | 2 | - | - | |
75 |
540 | 6,157 | - | 2 | - | - | |
65/66B |
40,273 | 48,389 | 38,417 | 39,697 | 50,752 | 244 | |
65 |
40,273 | 48,389 | 38,417 | 39,697 | 50,752 | 244 | |
9903 |
282,368 | 148,297 | 233,408 | 261,102 | 107,738 | 368,074 | |
67/77 |
75,791 | 42,972 | 60,751 | 86,968 | 37,716 | 112,558 | |
9904 |
206,577 | 105,325 | 172,658 | 174,134 | 70,022 | 255,516 | |
9905 |
206,577 | 105,325 | 172,658 | 174,134 | 70,022 | 255,516 | |
| Appropriation of the result | |||||||
9906 |
206,577 | 105,325 | 172,658 | 174,134 | 70,022 | 255,516 | |
691/2 |
- | - | - | 174,134 | 70,022 | 255,516 | |
6921 |
- | - | - | 174,134 | 70,022 | 255,516 | |
694/7 |
206,577 | 105,325 | 172,658 | - | - | - | |
694 |
206,577 | 105,325 | 172,658 | - | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-06-2026.
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 | 03-06-2026 | 2026-00136588 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00186612 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00132730 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00188159 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20215864 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21000097 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 558,848 | 419,274 | 479,863 | 491,796 | 345,870 | 548,203 | ||
| 443,324 | 334,070 | 380,695 | 365,133 | 257,403 | 435,401 | ||
| 13,014 | 127,101 | 0 | 107,900 | 20,205 | 1.3m | ||
| 435,729 | -173,438 | 145,020 | -171,491 | 82,049 | - | ||
| 677,790 | 572,708 | 438,823 | 415,129 | 574,169 | 449,944 | ||
| 39.5% | 39.5% | 37.7% | 36.4% | 20.9% | 15.4% | ||
| 3.50 | 4.73 | 2.79 | 4.73 | 9.66 | 4.50 | ||
| 3.50 | 4.73 | 2.79 | 4.73 | 9.61 | 4.50 | ||
| 1.53 | 1.53 | 1.65 | 1.75 | 3.80 | 5.49 | ||
| 40.9% | 20.9% | 34.2% | 34.5% | 21.2% | 98.1% | ||
| 16.2% | 8.2% | 12.9% | 12.5% | 4.4% | 15.1% | ||
| 13.88 | 8.66 | 12.49 | 12.39 | 6.81 | - |
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 | €13,014 | €127,101 | - | €107,900 | €20,205 |
| €236,747 | €228,745 | €208,038 | €190,999 | €187,381 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Dr. E. Voets
The operating result for 2025 is 69% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total stays at 60.5%.