DTx
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 8 filings
Turnover
≈ €200,000
Estimated: probably between €130,000 and €350,000
Total assets
€1.4m▲ 0.3%
2024 · €1.4m
Net result
€36,196▼ 33.6%
2024 · €54,503
Working capital
€15,722
2024 · -€16,529
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€51,916
▼ 33.1%
2025
20182025
Net result
€36,196
▼ 33.6%
2025
highest quarter of the sector
20182025
Equity
€1.3m
▲ 2.8%
2025
highest quarter of the sector
20182025
Total assets
€1.4m
▲ 0.3%
2025
highest quarter of the sector
20182025
Debt
€28,363
▼ 53.5%
2025
20182025
Working capital
€15,722
2025
middle half of the sector
20182025
Solvency
97.9%
▲ 2.4pp
2025
highest quarter of the sector
20182025
Current ratio
1.81
▲ 1.27
2025
middle half of the sector
20182025
Return on assets (ROA)
2.7%
▼ 1.4pp
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€0.03m-€0.002m▼ 93.9%-€0.01m€0.009m€0.2m▲ 17×€0.1m▼ 32.8%€0.08m▼ 26.0%€0.05m▼ 33.1%
Net result€0.02m--€168-€0.02mbelow the sector's middle half▼ 8,987%€1.2mabove the sector's middle half€0.1mabove the sector's middle half▼ 90.0%€0.08mabove the sector's middle half▼ 34.0%€0.05mabove the sector's middle half▼ 28.1%€0.04mabove the sector's middle half▼ 33.6%
Equity€0.03m-€0.03m▼ 3.2%€0.01mwithin the sector's middle half▼ 51.4%€1.2mabove the sector's middle half▲ 81×€1.2mabove the sector's middle half▲ 3.9%€1.3mabove the sector's middle half▲ 3.8%€1.3mabove the sector's middle half▲ 2.7%€1.3mabove the sector's middle half▲ 2.8%
Total assets€0.04m-€0.04m▼ 7.1%€1.0mabove the sector's middle half▲ 24×€1.2mabove the sector's middle half▲ 21.9%€1.3mabove the sector's middle half▲ 9.1%€1.3mabove the sector's middle half▼ 0.2%€1.4mabove the sector's middle half▲ 2.7%€1.4mabove the sector's middle half▲ 0.3%
Debt€0.01m-€0.01m▼ 15.8%€1.0m▲ 84×€0.04m▼ 95.6%€0.1m▲ 152%€0.06m▼ 44.4%€0.06m▲ 1.3%€0.03m▼ 53.5%
Working capital€0.02m-€0.02m▼ 2.9%-€1.0mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 98.2%€0.03mwithin the sector's middle half€0.03mwithin the sector's middle half▲ 14.7%-€0.02mbelow the sector's middle half€0.02mwithin the sector's middle half
Solvency68.9%-71.8%▲ 2.9pp1.5%below the sector's middle half▼ 70.4pp96.4%above the sector's middle half▲ 95.0pp91.8%above the sector's middle half▼ 4.7pp95.4%above the sector's middle half▲ 3.6pp95.5%above the sector's middle half▲ 0.1pp97.9%above the sector's middle half▲ 2.4pp
Current ratio2.45-2.67▲ 0.220.01below the sector's middle half▼ 2.660.60below the sector's middle half▲ 0.591.27within the sector's middle half▲ 0.672.26within the sector's middle half▲ 0.990.55below the sector's middle half▼ 1.721.81within the sector's middle half▲ 1.27
Return on assets (ROA)41.0%--0.4%▼ 41.4pp-1.5%within the sector's middle half▼ 1.1pp95.3%above the sector's middle half▲ 96.9pp8.7%within the sector's middle half▼ 86.6pp5.8%within the sector's middle half▼ 3.0pp4.0%within the sector's middle half▼ 1.7pp2.7%within the sector's middle half▼ 1.4pp
above
within
below
The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). 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 33% lower than in 2024. It is the third fall in a row.
Turnover and EBIT margin are not published. The 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 €1.4m
Fixed assets
€1.3m ▼ 0.9%
Current assets
€35,097 ▲ 76.4%
Equity and liabilities €1.4m
Equity
€1.3m ▲ 2.8%
Debt
€28,363 ▼ 53.5%
Debt's share of the balance-sheet total falls from 4.5% to 2.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66,007▼
2024 · €92,212
Cash flow
€50,288▼
2024 · €69,128
Debt to equity
0.02▼
2024 · 0.05
ROE
2.7%▼
2024 · 4.2%
Interest coverage
39.48▲
2024 · 31.78
Debt ≤ 1 year
€19,376▼
2024 · €36,423
Debt > 1 year
€3,720▼
2024 · €18,243
Income taxes
€14,048▼
2024 · €20,184
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €9,659 | €61,186 | - | €2,417 |
| Financial fixed assets | €203,457 | - | €24,729 | €90,000 | - |
| Depreciation and write-downs of the year | - | €229 | €11,956 | €14,626 | €14,092 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €477 | €382 | €288 | - | €229 | €0.01m | €0.01m | €0.01m | ▼ 3.6% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | ▲ 30.0% |
| Non-recurring operating charges66A | - | - | - | - | €0.001m | - | - | - | - |
| Gross operating margin9900 | €0.03m | €0.003m | -€0.01m | €0.01m | €0.2m | €0.1m | €0.09m | €0.07m | ▼ 27.6% |
| Operating profit (loss)9901 | €0.03m | €0.002m | -€0.01m | €0.009m | €0.2m | €0.1m | €0.08m | €0.05m | ▼ 33.1% |
| Financial income75/76B | - | - | - | €1.1m | - | €170 | €1 | €0 | ▼ 93.4% |
| Recurring financial income75 | - | €1 | - | €1.1m | - | €170 | €1 | €0 | ▼ 93.4% |
| Financial charges65/66B | - | - | - | €121 | €0.001m | €0.002m | €0.003m | €0.002m | ▼ 42.4% |
| Recurring financial charges65 | €59 | €185 | €191 | €121 | €0.001m | €0.002m | €0.003m | €0.002m | ▼ 42.4% |
| Profit (loss) for the period before taxes9903 | €0.03m | €0.001m | -€0.02m | €1.2m | €0.2m | €0.1m | €0.07m | €0.05m | ▼ 32.7% |
| Income taxes67/77 | €0.009m | €0.002m | €145 | €0.001m | €0.04m | €0.03m | €0.02m | €0.01m | ▼ 30.4% |
| Profit (loss) for the period9904 | €0.02m | -€168 | -€0.02m | €1.2m | €0.1m | €0.08m | €0.05m | €0.04m | ▼ 33.6% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | -€168 | -€0.02m | €1.2m | €0.1m | €0.08m | €0.05m | €0.04m | ▼ 33.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.04m | €0.04m | €1.0m | €1.2m | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 0.3% |
| Fixed assets21/28 | €0.01m | €0.01m | €1.0m | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.001m | €288 | - | - | €0.009m | €0.06m | €0.04m | €0.03m | ▼ 26.5% |
| Furniture and vehicles24 | - | - | - | - | €0.009m | €0.06m | €0.04m | €0.03m | ▼ 26.5% |
| Financial fixed assets28 | €0.01m | €0.01m | €1.0m | €1.2m | €1.2m | €1.2m | €1.3m | €1.3m | = |
| Current assets29/58 | €0.03m | €0.03m | €0.01m | €0.03m | €0.1m | €0.06m | €0.02m | €0.04m | ▲ 76.4% |
| Amounts receivable within one year40/41 | €0.01m | €0.03m | €0.008m | €0.01m | €0.1m | €0.04m | €0.02m | €0.02m | ▼ 11.8% |
| Trade receivables40 | - | - | - | €0.01m | €0.1m | €0.04m | €0.02m | €0.01m | ▼ 16.6% |
| Other amounts receivable41 | - | - | - | - | €0.009m | €0.003m | €160 | €0.001m | ▲ 496% |
| Cash at bank and in hand54/58 | €0.02m | €0.004m | €0.003m | €0.01m | €0.02m | €0.02m | €123 | €0.02m | ▲ 139× |
| Deferred charges and accrued income490/1 | - | - | - | - | €412 | €165 | €0.003m | €0.003m | ▲ 7.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.04m | €0.04m | €1.0m | €1.2m | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 0.3% |
| Equity10/15 | €0.03m | €0.03m | €0.01m | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 2.8% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €117 | €1.2m | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 2.8% |
| Amounts payable17/49 | €0.01m | €0.01m | €1.0m | €0.04m | €0.1m | €0.06m | €0.06m | €0.03m | ▼ 53.5% |
| Amounts payable after more than one year17 | - | - | - | - | - | €0.03m | €0.02m | €0.004m | ▼ 79.6% |
| Financial debts170/4 | - | - | - | - | - | €0.03m | €0.02m | €0.004m | ▼ 79.6% |
| Amounts payable within one year42/48 | €0.01m | €0.01m | €1.0m | €0.04m | €0.1m | €0.03m | €0.04m | €0.02m | ▼ 46.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.01m | €0.01m | €0.01m | ▲ 4.0% |
| Financial debts43 | - | - | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Trade debts44 | €0.002m | €36 | €499 | €0.001m | €0.003m | €0.003m | €0.005m | €0.001m | ▼ 74.7% |
| Suppliers440/4 | - | - | - | €0.001m | €0.003m | €0.003m | €0.005m | €0.001m | ▼ 74.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.03m | €0.007m | €0.01m | €0.002m | ▼ 85.8% |
| Taxes450/3 | - | - | - | €0.006m | €0.03m | €0.007m | €0.01m | €0.002m | ▼ 83.7% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.002m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.07m | €0.003m | €0.004m | €0.002m | ▼ 54.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.002m | €0.006m | €0.005m | ▼ 17.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | -€168 | -€0.02m | €1.2m | €0.1m | €0.08m | €0.05m | €0.04m | ▼ 33.6% |
| + Depreciation and write-downs630 | €477 | €382 | €288 | - | €229 | €0.01m | €0.01m | €0.01m | ▼ 3.6% |
| Operating cash flow (approximation) | €0.02m | €215 | -€0.01m | €1.2m | €0.1m | €0.09m | €0.07m | €0.05m | ▼ 27.3% |
| Investment in fixed assets (approximation) | - | €0 | -€1.0m | -€0.2m | €341 | -€0.09m | -€0.09m | -€0.002m | ▲ 97.3% |
| Change in cash | - | -€0.01m | -€0.001m | €0.01m | €0.004m | €0.004m | -€0.02m | €0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00355232 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00237134 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00402791 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00219282 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20315331 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-40900046 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-45700340 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-40700521 |