EBREMO
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 75 days after the deadline Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559803.
Annual accounts 2025 filed on 14-10-2026 at the NBB all 23 filings
Equity
-€356,213▼ 339%
2024 · -€81,178
Total assets
€12.0m▼ 0.9%
2024 · €12.1m
Net result
-€275,035▼ 353%
2024 · -€60,675
Working capital
-€7.3m▼ 22.7%
2024 · -€6.0m
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€15,325
2025
20182025
Net result
-€275,035
▼ 353%
2025
lowest quarter of the sector
20182025
Equity
-€356,213
▼ 339%
2025
lowest quarter of the sector
20182025
Total assets
€12.0m
▼ 0.9%
2025
highest quarter of the sector
20182025
Debt
€12.4m
▲ 1.4%
2025
20182025
Working capital
-€7.3m
▼ 22.7%
2025
lowest quarter of the sector
20182025
Solvency
-3.0%
▼ 2.3pp
2025
lowest quarter of the sector
20182025
Current ratio
0.00
▼ 0.02
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-2.3%
▼ 1.8pp
2025
lowest quarter of the sector
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-€0.04m-€0.005m-€0.007m-€0.001m▲ 86.7%-€0.001m▼ 14.1%€357-€0.02m
Net result-€0.04m-€0.005m-€0.007mbelow the sector's middle half-€0.001mbelow the sector's middle half▲ 86.7%-€0.001mbelow the sector's middle half▼ 14.1%-€0.06mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 353%
Equity-€0.02m--€0.01m▲ 30.6%-€0.02mbelow the sector's middle half▼ 63.5%-€0.02mbelow the sector's middle half▼ 5.2%-€0.02mbelow the sector's middle half▼ 5.6%-€0.02mbelow the sector's middle half=-€0.08mbelow the sector's middle half▼ 296%-€0.4mbelow the sector's middle half▼ 339%
Total assets€0.04m-€0.007m▼ 82.9%€0.001mbelow the sector's middle half▼ 85.5%€296below the sector's middle half▼ 71.9%€12.1mabove the sector's middle half€12.0mabove the sector's middle half▼ 0.9%
Debt€0.06m-€0.02m▼ 68.4%€0.02m▲ 5.2%€0.02m▲ 1.0%€0.02m▲ 4.0%€0.02m=€12.2m▲ 596×€12.4m▲ 1.4%
Working capital-€0.02m--€0.01m▲ 54.6%-€0.02mbelow the sector's middle half▼ 63.5%-€0.02mbelow the sector's middle half▼ 5.2%-€6.0mbelow the sector's middle half-€7.3mbelow the sector's middle half▼ 22.7%
Solvency-38.3%--155.5%▼ 117.2pp-0.7%below the sector's middle half-3.0%below the sector's middle half▼ 2.3pp
Current ratio0.43-0.39▼ 0.040.02below the sector's middle half0.00below the sector's middle half▼ 0.02
Return on assets (ROA)-93.2%-68.5%▲ 161.7pp-0.5%below the sector's middle half-2.3%below the sector's middle half▼ 1.8pp
Staff (FTE)2.4-0.5▼ 79.2%
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 loss of €15,325, after a profit of €357 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.0m
Fixed assets
€12.0m =
Current assets
€34,893 ▼ 75.2%
Equity and liabilities
Equity-€356,213
Debt€12.4m
Equity is negative. Debt (€12.4m) exceeds the balance-sheet total (€12.0m).
Key figures and ratios
Debt ≤ 1 year
€7.4m▲
2024 · €6.1m
Debt > 1 year
€5.0m▼
2024 · €6.1m
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2024 | 2025 |
|---|---|---|---|
| Financial fixed assets | - | €12.0m | - |
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 | €8,883 | - | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €296 | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | - | - | - | €544 | - |
| Gross operating margin9900 | €61,912 | €21,926 | -€1,888 | -€955 | -€794 | - | €357 | -€14,781 | - |
| Operating profit (loss)9901 | -€39,311 | €5,490 | -€7,168 | -€955 | -€1,090 | - | €357 | -€15,325 | - |
| Recurring financial income75 | €421 | €39 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | - | - | - | €61,032 | €259,710 | ▲ 326% |
| Recurring financial charges65 | €703 | €553 | - | - | - | - | €61,032 | €259,710 | ▲ 326% |
| Profit (loss) for the period before taxes9903 | -€39,593 | €4,976 | -€7,168 | -€955 | -€1,090 | - | -€60,675 | -€275,035 | ▼ 353% |
| Profit (loss) for the period9904 | -€39,593 | €4,976 | -€7,168 | -€955 | -€1,090 | - | -€60,675 | -€275,035 | ▼ 353% |
| Profit (loss) for the period to be appropriated9905 | -€39,593 | €4,976 | -€7,168 | -€955 | -€1,090 | - | -€60,675 | -€275,035 | ▼ 353% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.04m | €0.007m | €0.001m | €296 | - | - | €12.1m | €12.0m | ▼ 0.9% |
| Fixed assets21/28 | €0.02m | - | - | - | - | - | €12.0m | €12.0m | = |
| Tangible fixed assets22/27 | €0.02m | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €190 | - | - | - | - | - | €12.0m | €12.0m | = |
| Current assets29/58 | €0.02m | €0.007m | €0.001m | €296 | - | - | €0.1m | €0.03m | ▼ 75.2% |
| Stocks and contracts in progress3 | €0.002m | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.002m | €0.007m | €0.001m | €296 | - | - | €0.01m | €0.01m | ▲ 11.8% |
| Trade receivables40 | - | - | - | €296 | - | - | €0.01m | €0.01m | ▲ 16.7% |
| Other amounts receivable41 | - | - | - | - | - | - | €0.001m | €403 | ▼ 55.0% |
| Cash at bank and in hand54/58 | €0.01m | €1 | €1 | - | - | - | €0.1m | €0.02m | ▼ 84.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.04m | €0.007m | €0.001m | €296 | - | - | €12.1m | €12.0m | ▼ 0.9% |
| Equity10/15 | -€0.02m | -€0.01m | -€0.02m | -€0.02m | -€0.02m | -€0.02m | -€0.08m | -€0.4m | ▼ 339% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €498 | €498 | €498 | €498 | €498 | = |
| Reserves not available under the articles1311 | - | - | - | €498 | €498 | €498 | €498 | €498 | = |
| Tax-exempt reserves132 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.04m | -€0.05m | -€0.05m | -€0.05m | -€0.05m | -€0.1m | -€0.4m | ▼ 252% |
| Amounts payable17/49 | €0.06m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €12.2m | €12.4m | ▲ 1.4% |
| Amounts payable after more than one year17 | €0.01m | - | - | - | - | - | €6.1m | €5.0m | ▼ 17.6% |
| Financial debts170/4 | - | - | - | - | - | - | €6.1m | €5.0m | ▼ 17.6% |
| Amounts payable within one year42/48 | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €6.1m | €7.4m | ▲ 20.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €1.1m | €1.1m | = |
| Financial debts43 | - | - | - | - | - | €0.02m | - | - | - |
| Other loans439 | - | - | - | - | - | €0.02m | - | - | - |
| Trade debts44 | €0.02m | €0.001m | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | - | €5.0m | €6.3m | ▲ 24.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,593 | €4,976 | -€7,168 | -€955 | -€1,090 | - | -€60,675 | -€275,035 | ▼ 353% |
| + Depreciation and write-downs630 | €8,883 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€30,710 | €4,976 | -€7,168 | -€955 | -€1,090 | - | -€60,675 | -€275,035 | ▼ 353% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | - | €0 | - |
| Change in cash | - | -€11,251 | €0 | - | - | - | - | -€107,347 | - |
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 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 14-10-2026 | 2026-00559803 | |
| 31-12-2024 | abbreviated format | 14-10-2025 | 2025-00544003 | |
| 31-12-2023 | micro format | 07-10-2024 | 2024-00500090 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00392075 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20331455 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53400546 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-45700065 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-53400042 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-54900532 | |
| 31-12-2016 | micro format | 22-08-2017 | 2017-45100420 |