Summary
EASDAQ is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.9m and a net result of €629,160. Equity is shrinking by about 4.8% per year across the filed financial years. Its solvency ranks better than 49% of 604 sector peers (NACE 66, financial year 2025). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €632,930 after a loss of €100,301 in 2024, the highest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €6.0m | €6.6m | €7.9m | €8.4m | €10.4m | ▲ 24.6% |
| Turnover70 | €4.0m | €4.5m | €5.3m | €6.0m | €6.6m | €7.9m | €8.4m | €10.4m | ▲ 24.6% |
| Operating charges60/66A | - | - | - | €7.1m | €7.8m | €8.1m | €8.5m | €9.8m | ▲ 15.6% |
| Goods for resale, raw materials and consumables60 | - | - | - | €6.5m | €7.1m | €7.1m | €7.9m | €9.2m | ▲ 17.0% |
| Purchases600/8 | - | - | - | €6.5m | €7.1m | €7.1m | €7.9m | €9.2m | ▲ 17.0% |
| Services and other goods61 | - | - | - | €0.6m | €0.8m | €1.0m | €0.6m | €0.5m | ▼ 4.2% |
| Other operating charges640/8 | - | - | - | - | - | - | €0.003m | €0.009m | ▲ 196% |
| Non-recurring operating charges66A | - | - | - | €0.006m | - | - | - | - | - |
| Operating profit (loss)9901 | -€1.1m | -€1.2m | -€1.3m | -€1.1m | -€1.2m | -€0.2m | -€0.1m | €0.6m | - |
| Financial income75/76B | - | - | - | €0.1m | €0.08m | €0.02m | €0.07m | €0.001m | ▼ 98.6% |
| Recurring financial income75 | €0.2m | €0.1m | €0.1m | €0.1m | €0.08m | €0.02m | €0.07m | €0.001m | ▼ 98.6% |
| Other financial income752/9 | - | - | - | €0.1m | €0.08m | €0.02m | €0.07m | €0.001m | ▼ 98.6% |
| Financial charges65/66B | - | - | - | €0.004m | €0.006m | €0.005m | €0.005m | €0.005m | ▼ 9.9% |
| Recurring financial charges65 | €0.04m | €0.03m | €0.02m | €0.004m | €0.006m | €0.005m | €0.005m | €0.005m | ▼ 9.9% |
| Debt charges650 | €0.01m | €0.03m | - | - | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.004m | €0.006m | €0.005m | €0.005m | €0.005m | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | -€0.9m | -€1.1m | -€1.2m | -€1.0m | -€1.2m | -€0.1m | -€0.03m | €0.6m | - |
| Profit (loss) for the period9904 | -€0.9m | -€1.1m | -€1.2m | -€1.0m | -€1.2m | -€0.1m | -€0.03m | €0.6m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.9m | -€1.1m | -€1.2m | -€1.0m | -€1.2m | -€0.1m | -€0.03m | €0.6m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.6m | €4.0m | €3.0m | €4.5m | €3.3m | €3.2m | €3.0m | €4.9m | ▲ 61.6% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Affiliated companies280/1 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Participating interests280 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €1.2m | €2.6m | €1.6m | €3.2m | €2.0m | €1.8m | €1.6m | €3.5m | ▲ 113% |
| Amounts receivable within one year40/41 | €0.9m | €1.1m | €0.9m | €1.5m | €1.2m | €1.4m | €1.2m | €1.8m | ▲ 48.6% |
| Trade receivables40 | - | - | - | €1.5m | €1.1m | €1.3m | €1.2m | €1.8m | ▲ 51.0% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.04m | €0.04m | €0.05m | €0.04m | ▼ 12.7% |
| Cash at bank and in hand54/58 | €0.2m | €1.2m | €0.5m | €1.5m | €0.6m | €0.3m | €0.2m | €1.4m | ▲ 613% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 16.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.6m | €4.0m | €3.0m | €4.5m | €3.3m | €3.2m | €3.0m | €4.9m | ▲ 61.6% |
| Equity10/15 | €0.7m | €2.8m | €1.7m | €2.6m | €1.5m | €1.3m | €1.3m | €1.9m | ▲ 48.4% |
| Contributions10/11 | €149.7m | €152.9m | €152.9m | €154.9m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Capital10 | - | - | - | €154.9m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Issued capital100 | - | - | - | €154.9m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Profit (loss) carried forward14 | -€148.9m | -€150.1m | -€151.2m | -€152.3m | -€1.2m | -€1.3m | -€1.3m | -€0.7m | ▲ 47.2% |
| Amounts payable17/49 | €1.9m | €1.1m | €1.3m | €1.9m | €1.9m | €1.9m | €1.7m | €2.9m | ▲ 71.6% |
| Amounts payable within one year42/48 | €1.8m | €1.0m | €1.1m | €1.4m | €1.6m | €1.4m | €1.3m | €2.5m | ▲ 95.3% |
| Trade debts44 | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 40.3% |
| Suppliers440/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 40.3% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.02m | €0.02m | €0.007m | €0.01m | ▲ 75.5% |
| Remuneration and social security454/9 | - | - | - | - | €0.02m | €0.02m | €0.007m | €0.01m | ▲ 75.5% |
| Other amounts payable47/48 | - | - | - | €1.1m | €1.3m | €1.2m | €1.0m | €2.1m | ▲ 113% |
| Accrued charges and deferred income492/3 | - | - | - | €0.6m | €0.3m | €0.5m | €0.4m | €0.4m | ▲ 2.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.9m | -€1.1m | -€1.2m | -€1.0m | -€1.2m | -€0.1m | -€0.03m | €0.6m | - |
| Operating cash flow (approximation) | -€0.9m | -€1.1m | -€1.2m | -€1.0m | -€1.2m | -€0.1m | -€0.03m | €0.6m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€0.003m | €0 | - |
| Change in cash | - | €1.1m | -€0.8m | €1.0m | -€0.9m | -€0.3m | -€0.1m | €1.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00273631 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00238930 |
| 31-12-2023 | full format | 11-07-2024 | 2024-00246297 |
| 31-12-2022 | full format | 21-07-2023 | 2023-00278510 |
| 31-12-2021 | full format | 22-07-2022 | 2022-20240117 |
| 31-12-2020 | full format | 27-07-2021 | 2021-42900390 |
| 31-12-2019 | full format | 27-08-2020 | 2020-46100139 |
| 31-12-2018 | full format | 29-11-2019 | 2019-74900599 |
| 31-12-2017 | full format | 04-07-2018 | 2018-29400441 |
| 31-12-2016 | full format | 27-06-2017 | 2017-25900031 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.