EASYDOC
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 24 filings
Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€93,452▼ 13.1%
2024 · €107,492
Net result
€6,517▲ 117%
2024 · €3,002
Working capital
€38,234▼ 57.9%
2024 · €90,717
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€7,916
2025
20182025
Net result
€6,517
▲ 117%
2025
middle half of the sector
20182025
Equity
€38,234
▲ 20.5%
2025
middle half of the sector
20182025
Total assets
€93,452
▼ 13.1%
2025
middle half of the sector
20182025
Debt
€55,218
▼ 27.1%
2025
20182025
Working capital
€38,234
▼ 57.9%
2025
middle half of the sector
20182025
Solvency
40.9%
▲ 11.4pp
2025
middle half of the sector
20182025
Current ratio
1.69
▼ 4.72
2025
middle half of the sector
20182025
Return on assets (ROA)
7.0%
▲ 4.2pp
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-€53--€1,327▼ 2,408%€1,598€1,295▼ 19.0%€4,986▲ 285%€6,413▲ 28.6%-€9,006€7,916
Net result-€71--€1,353▼ 1,808%€391within the sector's middle half€848within the sector's middle half▲ 117%€4,297within the sector's middle half▲ 407%€4,142within the sector's middle half▼ 3.6%€3,002within the sector's middle half▼ 27.5%€6,517within the sector's middle half▲ 117%
Equity€20,389-€19,036▼ 6.6%€19,427below the sector's middle half▲ 2.1%€20,275within the sector's middle half▲ 4.4%€24,573within the sector's middle half▲ 21.2%€28,715within the sector's middle half▲ 16.9%€31,717within the sector's middle half▲ 10.5%€38,234within the sector's middle half▲ 20.5%
Total assets€44,788-€43,920▼ 1.9%€45,865below the sector's middle half▲ 4.4%€36,025below the sector's middle half▼ 21.5%€47,331below the sector's middle half▲ 31.4%€94,711within the sector's middle half▲ 100%€107,492within the sector's middle half▲ 13.5%€93,452within the sector's middle half▼ 13.1%
Debt€24,399-€24,883▲ 2.0%€26,438▲ 6.2%€15,750▼ 40.4%€22,759▲ 44.5%€65,996▲ 190%€75,775▲ 14.8%€55,218▼ 27.1%
Working capital€20,389-€19,036▼ 6.6%€19,427within the sector's middle half▲ 2.1%€20,275within the sector's middle half▲ 4.4%€26,031within the sector's middle half▲ 28.4%€65,307within the sector's middle half▲ 151%€90,717within the sector's middle half▲ 38.9%€38,234within the sector's middle half▼ 57.9%
Solvency45.5%-43.3%▼ 2.2pp42.4%within the sector's middle half▼ 1.0pp56.3%within the sector's middle half▲ 13.9pp51.9%within the sector's middle half▼ 4.4pp30.3%within the sector's middle half▼ 21.6pp29.5%within the sector's middle half▼ 0.8pp40.9%within the sector's middle half▲ 11.4pp
Current ratio1.84-1.77▼ 0.071.73within the sector's middle half▼ 0.032.29within the sector's middle half▲ 0.552.22within the sector's middle half▼ 0.073.22within the sector's middle half▲ 1.006.41above the sector's middle half▲ 3.191.69within the sector's middle half▼ 4.72
Return on assets (ROA)-0.2%--3.1%▼ 2.9pp0.9%within the sector's middle half▲ 3.9pp2.4%within the sector's middle half▲ 1.5pp9.1%within the sector's middle half▲ 6.7pp4.4%within the sector's middle half▼ 4.7pp2.8%within the sector's middle half▼ 1.6pp7.0%within the sector's middle half▲ 4.2pp
above
within
below
The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). 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 a profit of €7,916, after a loss of €9,006 in 2024. It is the highest result since 2021.
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
Equity and liabilities €93,452
Equity
€38,234 ▲ 20.5%
Debt
€55,218 ▼ 27.1%
Debt's share of the balance-sheet total falls from 70.5% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.44▼
2024 · 2.39
ROE
17.0%▲
2024 · 9.5%
Debt ≤ 1 year
€55,218▲
2024 · €16,775
Staff costs
€42,485▼
2024 · €43,590
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €10,781 | €35,427 | €42,430 | €43,590 | €42,485 | ▼ 2.5% |
| Other operating charges640/8 | - | - | - | - | - | €384 | - | - | - |
| Gross operating margin9900 | -€53 | -€1,327 | €1,598 | €12,076 | €40,413 | €49,227 | €34,584 | €50,400 | ▲ 45.7% |
| Operating profit (loss)9901 | -€53 | -€1,327 | €1,598 | €1,295 | €4,986 | €6,413 | -€9,006 | €7,916 | - |
| Financial income75/76B | - | - | - | €0 | €3 | €4 | €15,020 | €6 | ▼ 100.0% |
| Recurring financial income75 | - | - | - | €0 | €3 | €4 | €20 | €6 | ▼ 70.4% |
| Non-recurring financial income76B | - | - | - | - | - | - | €15,000 | - | - |
| Financial charges65/66B | - | - | - | €447 | €692 | €1,388 | €1,446 | €1,405 | ▼ 2.8% |
| Recurring financial charges65 | €18 | €26 | - | €447 | €692 | €42 | €1,446 | €1,405 | ▼ 2.8% |
| Non-recurring financial charges66B | - | - | - | - | - | €1,346 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€71 | -€1,353 | €1,598 | €848 | €4,297 | €5,028 | €4,568 | €6,517 | ▲ 42.7% |
| Income taxes67/77 | - | - | €1,207 | - | - | €886 | €1,566 | - | - |
| Profit (loss) for the period9904 | -€71 | -€1,353 | €391 | €848 | €4,297 | €4,142 | €3,002 | €6,517 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | -€71 | -€1,353 | €391 | €848 | €4,297 | €4,142 | €3,002 | €6,517 | ▲ 117% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €44,788 | €43,920 | €45,865 | €36,025 | €47,331 | €94,711 | €107,492 | €93,452 | ▼ 13.1% |
| Current assets29/58 | €44,788 | €43,920 | €45,865 | €36,025 | €47,331 | €94,711 | €107,492 | €93,452 | ▼ 13.1% |
| Amounts receivable within one year40/41 | €44,753 | €43,848 | €45,848 | €34,498 | €45,548 | €82,360 | €102,096 | €90,068 | ▼ 11.8% |
| Trade receivables40 | - | - | - | €11,974 | €8,761 | €11,222 | €19,291 | €15,528 | ▼ 19.5% |
| Other amounts receivable41 | - | - | - | €22,523 | €36,786 | €71,139 | €82,805 | €74,540 | ▼ 10.0% |
| Cash at bank and in hand54/58 | €35 | €72 | €17 | €1,527 | €1,784 | €12,351 | €5,396 | €3,384 | ▼ 37.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €44,788 | €43,920 | €45,865 | €36,025 | €47,331 | €94,711 | €107,492 | €93,452 | ▼ 13.1% |
| Equity10/15 | €20,389 | €19,036 | €19,427 | €20,275 | €24,573 | €28,715 | €31,717 | €38,234 | ▲ 20.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | - | - | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €20,460 | €20,460 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | -€71 | -€1,424 | -€1,033 | -€185 | €4,113 | €8,255 | €11,257 | €17,774 | ▲ 57.9% |
| Amounts payable17/49 | €24,399 | €24,883 | €26,438 | €15,750 | €22,759 | €65,996 | €75,775 | €55,218 | ▼ 27.1% |
| Amounts payable within one year42/48 | €24,399 | €24,883 | €26,438 | €15,750 | €21,301 | €29,404 | €16,775 | €55,218 | ▲ 229% |
| Trade debts44 | - | €484 | €832 | €11,920 | €20,306 | €23,664 | €9,337 | €49,022 | ▲ 425% |
| Suppliers440/4 | - | - | - | €11,920 | €20,306 | €23,664 | €9,337 | €49,022 | ▲ 425% |
| Taxes, remuneration and social security45 | - | - | - | €3,817 | €982 | €5,740 | €7,437 | €6,197 | ▼ 16.7% |
| Taxes450/3 | - | - | - | €1,697 | €454 | €1,498 | €2,511 | - | - |
| Remuneration and social security454/9 | - | - | - | €2,120 | €528 | €4,242 | €4,926 | €6,197 | ▲ 25.8% |
| Other amounts payable47/48 | - | - | - | €13 | €13 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,458 | €36,592 | €59,000 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71 | -€1,353 | €391 | €848 | €4,297 | €4,142 | €3,002 | €6,517 | ▲ 117% |
| Operating cash flow (approximation) | -€71 | -€1,353 | €391 | €848 | €4,297 | €4,142 | €3,002 | €6,517 | ▲ 117% |
| Change in cash | - | €37 | -€55 | €1,510 | €256 | €10,567 | -€6,955 | -€2,012 | ▲ 71.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as EASYDOC has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EASYDOC itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for EASYDOC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00205025 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00298627 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00196660 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00201220 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20237743 | |
| 31-12-2020 | micro format | 28-05-2021 | 2021-16500288 | |
| 31-12-2019 | micro format | 10-10-2020 | 2020-61100161 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-36600383 | |
| 31-12-2017 | micro format | 07-08-2018 | 2018-44000442 | |
| 31-12-2016 | micro format | 16-06-2017 | 2017-19500192 |