E.G.E.
Dissolved and wound up on 30-09-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 22 filings
Turnover
≈ €140,000
Estimated: probably between €83,000 and €250,000
Total assets
€203,077▼ 1.7%
2024 · €206,558
Net result
€15,919▼ 44.9%
2024 · €28,888
Working capital
€173,548▲ 17.5%
2024 · €147,696
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€23,924
▼ 22.5%
2025
20182025
Net result
€15,919
▼ 44.9%
2025
20182025
Equity
€200,861
▲ 8.6%
2025
20182025
Total assets
€203,077
▼ 1.7%
2025
20182025
Debt
€2,216
▼ 89.7%
2025
20182025
Working capital
€173,548
▲ 17.5%
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€17,579--€8,581▲ 51.2%€44,190€28,665▼ 35.1%€34,396▲ 20.0%€46,056▲ 33.9%€30,857▼ 33.0%€23,924▼ 22.5%
Net result-€17,538--€9,209▲ 47.5%€31,698€18,441▼ 41.8%€22,730▲ 23.3%€29,939▲ 31.7%€28,888▼ 3.5%€15,919▼ 44.9%
Equity€62,456-€53,248▼ 14.7%€84,945▲ 59.5%€103,387▲ 21.7%€126,116▲ 22.0%€156,055▲ 23.7%€184,942▲ 18.5%€200,861▲ 8.6%
Total assets€81,001-€58,629▼ 27.6%€108,615▲ 85.3%€125,656▲ 15.7%€146,180▲ 16.3%€162,276▲ 11.0%€206,558▲ 27.3%€203,077▼ 1.7%
Debt€18,545-€5,382▼ 71.0%€23,670▲ 340%€22,270▼ 5.9%€20,064▼ 9.9%€6,221▼ 69.0%€21,615▲ 247%€2,216▼ 89.7%
Working capital€25,869-€29,255▲ 13.1%€72,949▲ 149%€102,827▲ 41.0%€125,749▲ 22.3%€109,825▼ 12.7%€147,696▲ 34.5%€173,548▲ 17.5%
Staff (FTE)0.9
The operating result for 2025 is 22% lower than in 2024 and the lowest since 2021. It is the second 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 €203,077
Fixed assets
€27,313 ▼ 26.7%
Current assets
€175,764 ▲ 3.8%
Equity and liabilities €203,077
Equity
€200,861 ▲ 8.6%
Debt
€2,216 ▼ 89.7%
Debt's share of the balance-sheet total falls from 10.5% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,858▼
2024 · €40,906
Cash flow
€25,852▼
2024 · €38,937
Current ratio
79.32▲
2024 · 7.83
Debt to equity
0.01▼
2024 · 0.12
ROE
7.9%▼
2024 · 15.6%
ROA
7.8%▼
2024 · 14.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€2,216▼
2024 · €21,615
Income taxes
€8,881▼
2024 · €17,877
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 | €578 | - | €47,893 | €1,065 | - |
| Depreciation and write-downs of the year | €12,014 | €193 | €2,030 | €10,049 | €9,934 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5,013 | €5,589 | €1,655 | €1,650 | ▼ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,595 | €12,595 | €11,996 | €12,014 | €193 | €2,030 | €10,049 | €9,934 | ▼ 1.1% |
| Other operating charges640/8 | - | - | - | €875 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€1,917 | €7,598 | €56,697 | €41,555 | €34,936 | €48,471 | €41,293 | €34,258 | ▼ 17.0% |
| Operating profit (loss)9901 | -€17,579 | -€8,581 | €44,190 | €28,665 | €34,396 | €46,056 | €30,857 | €23,924 | ▼ 22.5% |
| Financial income75/76B | - | - | - | €34 | - | €277 | €16,242 | €1,113 | ▼ 93.1% |
| Recurring financial income75 | €107 | €32 | €20 | €34 | - | €277 | €857 | €1,113 | ▲ 29.8% |
| Non-recurring financial income76B | - | - | - | - | - | - | €15,385 | - | - |
| Financial charges65/66B | - | - | - | €215 | €221 | €227 | €335 | €238 | ▼ 28.8% |
| Recurring financial charges65 | €169 | €171 | €174 | €215 | €221 | €227 | €335 | €238 | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | -€17,641 | -€8,720 | €44,036 | €28,484 | €34,175 | €46,106 | €46,764 | €24,799 | ▼ 47.0% |
| Income taxes67/77 | -€103 | €489 | €12,338 | €10,043 | €11,445 | €16,168 | €17,877 | €8,881 | ▼ 50.3% |
| Profit (loss) for the period9904 | -€17,538 | -€9,209 | €31,698 | €18,441 | €22,730 | €29,939 | €28,888 | €15,919 | ▼ 44.9% |
| Profit (loss) for the period to be appropriated9905 | -€17,538 | -€9,209 | €31,698 | €18,441 | €22,730 | €29,939 | €28,888 | €15,919 | ▼ 44.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €81,001 | €58,629 | €108,615 | €125,656 | €146,180 | €162,276 | €206,558 | €203,077 | ▼ 1.7% |
| Fixed assets21/28 | €36,588 | €23,993 | €11,996 | €560 | €367 | €46,230 | €37,246 | €27,313 | ▼ 26.7% |
| Tangible fixed assets22/27 | €36,588 | €23,993 | €11,996 | €560 | €367 | €46,230 | €37,246 | €27,313 | ▼ 26.7% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €769 | €414 | ▼ 46.1% |
| Furniture and vehicles24 | - | - | - | €560 | €367 | €46,230 | €36,477 | €26,898 | ▼ 26.3% |
| Current assets29/58 | €44,413 | €34,637 | €96,619 | €125,096 | €145,813 | €116,046 | €169,311 | €175,764 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €8 | €8 | €300 | - | €341 | €10,413 | €10,883 | €5,754 | ▼ 47.1% |
| Trade receivables40 | - | - | - | - | - | €3,086 | €5,990 | - | - |
| Other amounts receivable41 | - | - | - | - | €341 | €7,327 | €4,894 | €5,754 | ▲ 17.6% |
| Cash at bank and in hand54/58 | €40,574 | €30,946 | €92,480 | €121,212 | €144,058 | €105,633 | €158,428 | €170,010 | ▲ 7.3% |
| Deferred charges and accrued income490/1 | - | - | - | €3,884 | €1,414 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €81,001 | €58,629 | €108,615 | €125,656 | €146,180 | €162,276 | €206,558 | €203,077 | ▼ 1.7% |
| Equity10/15 | €62,456 | €53,248 | €84,945 | €103,387 | €126,116 | €156,055 | €184,942 | €200,861 | ▲ 8.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €56,256 | €47,048 | €78,745 | €97,187 | €119,916 | €149,855 | €178,742 | €194,661 | ▲ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €95,327 | €118,056 | €147,995 | €176,882 | €192,801 | ▲ 9.0% |
| Amounts payable17/49 | €18,545 | €5,382 | €23,670 | €22,270 | €20,064 | €6,221 | €21,615 | €2,216 | ▼ 89.7% |
| Amounts payable within one year42/48 | €18,545 | €5,382 | €23,670 | €22,270 | €20,064 | €6,221 | €21,615 | €2,216 | ▼ 89.7% |
| Trade debts44 | €1,909 | €937 | €189 | €1,831 | €950 | €1,596 | €1,266 | €1,210 | ▼ 4.4% |
| Suppliers440/4 | - | - | - | €1,831 | €950 | €1,596 | €1,266 | €1,210 | ▼ 4.4% |
| Taxes, remuneration and social security45 | - | - | - | €15,574 | €19,113 | €4,625 | €20,350 | €1,006 | ▼ 95.1% |
| Taxes450/3 | - | - | - | €15,574 | €19,113 | €4,625 | €20,350 | €1,006 | ▼ 95.1% |
| Other amounts payable47/48 | - | - | - | €4,865 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,538 | -€9,209 | €31,698 | €18,441 | €22,730 | €29,939 | €28,888 | €15,919 | ▼ 44.9% |
| + Depreciation and write-downs630 | €12,595 | €12,595 | €11,996 | €12,014 | €193 | €2,030 | €10,049 | €9,934 | ▼ 1.1% |
| Operating cash flow (approximation) | -€4,943 | €3,387 | €43,694 | €30,455 | €22,922 | €31,969 | €38,937 | €25,852 | ▼ 33.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€578 | €0 | -€47,893 | -€1,065 | €0 | - |
| Change in cash | - | -€9,628 | €61,534 | €28,732 | €22,846 | -€38,426 | €52,796 | €11,581 | ▼ 78.1% |
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 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00225089 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00226407 | |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00254400 | |
| 31-12-2022 | micro format | 06-07-2023 | 2023-00209525 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20418001 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65900550 | |
| 31-12-2019 | micro format | 08-11-2020 | 2020-69200425 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-58400509 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45200221 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44000320 |