EBC²
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of 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 ≈ €390,000. Estimated: probably between €330,000 and €470,000.
Balance sheet
balance sheet total €819,384 on 31-12-2025in euro
in euro
Position in the sector
23.7%
Higher than 26% of 39,364 companies in 2025.
1.25
Higher than 33% of 38,048 companies in 2025.
20.5%
Higher than 59% of 38,520 companies in 2025.
Net result: top quarter · Equity: middle half · 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 |
819,384 | 621,859 | 624,327 | 707,213 | 517,364 | 445,949 | |
21/28 |
88,862 | 29,337 | 35,660 | 62,130 | 77,774 | 85,490 | |
22/27 |
88,862 | 29,337 | 35,660 | 62,130 | 77,774 | 85,490 | |
23 |
2,065 | 4,587 | 757 | 2,564 | 5,829 | 3,467 | |
24 |
66,756 | 15,267 | 24,965 | 45,772 | 62,544 | 72,622 | |
26 |
20,041 | 9,483 | 9,939 | 13,794 | 9,400 | 9,400 | |
29/58 |
730,522 | 592,523 | 588,666 | 645,083 | 439,591 | 360,460 | |
40/41 |
22,639 | 115,641 | 83,420 | 50,321 | 59,725 | 42,899 | |
40 |
7,552 | 106,991 | 74,150 | 48,745 | 58,916 | 41,776 | |
41 |
15,087 | 8,649 | 9,270 | 1,577 | 810 | 1,124 | |
54/58 |
707,404 | 467,889 | 502,037 | 590,725 | 376,482 | 313,222 | |
490/1 |
479 | 8,993 | 3,209 | 4,037 | 3,383 | 4,338 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
819,384 | 621,859 | 624,327 | 707,213 | 517,364 | 445,949 | |
10/15 |
194,448 | 526,548 | 480,016 | 566,224 | 390,083 | 264,446 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
14 |
174,448 | 506,548 | 460,016 | 546,224 | 370,083 | 244,446 | |
17/49 |
624,936 | 95,312 | 144,311 | 140,989 | 127,282 | 181,504 | |
17 |
38,948 | - | - | 8,833 | 17,589 | 26,269 | |
170/4 |
38,948 | - | - | 8,833 | 17,589 | 26,269 | |
42/48 |
585,963 | 95,276 | 144,197 | 130,534 | 109,672 | 155,215 | |
42 |
9,052 | 0 | 8,833 | 8,756 | 8,679 | 8,603 | |
44 |
1,728 | 9,845 | 5,442 | 9,288 | 4,830 | 4,563 | |
440/4 |
1,728 | 9,845 | 5,442 | 9,288 | 4,830 | 4,563 | |
46 |
2,893 | - | - | - | - | - | |
45 |
75,000 | 16,284 | 64,280 | 52,275 | 34,949 | 85,531 | |
450/3 |
75,000 | 16,284 | 64,280 | 52,275 | 34,949 | 85,531 | |
47/48 |
497,290 | 69,147 | 65,642 | 60,215 | 61,214 | 56,518 | |
492/3 |
25 | 36 | 114 | 1,621 | 20 | 20 | |
| Income statement | |||||||
9900 |
231,540 | 284,560 | 225,742 | 253,495 | 183,118 | 350,818 | |
630 |
7,803 | 23,413 | 23,069 | 23,717 | 21,000 | 20,048 | |
640/8 |
1,167 | 1,193 | 1,042 | 965 | 983 | 426 | |
66A |
- | 0 | 400 | - | - | - | |
9901 |
222,570 | 259,955 | 201,230 | 228,812 | 161,136 | 330,344 | |
75/76B |
1 | 0 | 9 | 0 | 0 | 5 | |
75 |
1 | 0 | 9 | 0 | 0 | 5 | |
65/66B |
420 | 221 | 408 | 396 | 551 | 399 | |
65 |
420 | 221 | 408 | 396 | 551 | 399 | |
9903 |
222,151 | 259,734 | 200,831 | 228,416 | 160,586 | 329,950 | |
67/77 |
54,250 | 66,144 | 45,862 | 52,275 | 34,949 | 85,505 | |
9904 |
167,900 | 193,590 | 154,969 | 176,142 | 125,637 | 244,446 | |
9905 |
167,900 | 193,590 | 154,969 | 176,142 | 125,637 | 244,446 | |
| Appropriation of the result | |||||||
9906 |
674,448 | 653,607 | 701,193 | 546,224 | 370,083 | 244,446 | |
14P |
506,548 | 460,016 | 546,224 | 370,083 | 244,446 | - | |
791/2 |
- | 0 | - | - | - | - | |
694/7 |
500,000 | 147,059 | 241,176 | - | - | - | |
694 |
500,000 | 147,059 | 241,176 | - | - | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
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 | 31-07-2026 | 2026-00363567 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00438604 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00374922 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00276806 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20342486 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51400266 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 230,373 | 283,368 | 224,299 | 252,530 | 182,136 | 350,392 | ||
| 175,703 | 217,003 | 178,038 | 199,859 | 146,637 | 264,493 | ||
| 73,328 | 17,089 | -3,400 | 8,074 | 13,284 | 105,537 | ||
| 239,515 | -34,148 | -88,688 | 214,243 | 63,260 | - | ||
| 144,559 | 497,247 | 444,470 | 514,549 | 329,919 | 205,245 | ||
| 23.7% | 84.7% | 76.9% | 80.1% | 75.4% | 59.3% | ||
| 1.25 | 6.22 | 4.08 | 4.94 | 4.01 | 2.32 | ||
| 3.21 | 0.18 | 0.30 | 0.25 | 0.33 | 0.69 | ||
| 86.3% | 36.8% | 32.3% | 31.1% | 32.2% | 92.4% | ||
| 20.5% | 31.1% | 24.8% | 24.9% | 24.3% | 54.8% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - |
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 | €73,328 | €17,089 | - | €8,074 | €13,284 |
| €7,803 | €23,413 | €23,069 | €23,717 | €21,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EBC²
The operating result for 2025 is 14% lower than in 2024.
Debt's share of the balance-sheet total rises from 15.3% to 76.3%. Equity is lower and debt is higher.