Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 2 filings
Equity
€60,054▲ 51.5%
2024 · €39,647
Net result
€20,407
2024 · -€60,353
Total assets
€60,372▼ 41.6%
2024 · €103,321
Solvency
99.5%▲ 61.1pp
2024 · 38.4%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€20,468
2025
20242025
Net result
€20,407
2025
middle half of the sector
20242025
Equity
€60,054
▲ 51.5%
2025
lowest quarter of the sector
20242025
Total assets
€60,372
▼ 41.6%
2025
lowest quarter of the sector
20242025
Debt
€318
▼ 99.5%
2025
20242025
Working capital
€60,054
▲ 51.5%
2025
middle half of the sector
20242025
Solvency
99.5%
▲ 61.1pp
2025
highest quarter of the sector
20242025
Current ratio
no figure
2025
20242025
Return on assets (ROA)
33.8%
▲ 92.2pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€60,164-€20,468
Net result-€60,353below the sector's middle half-€20,407within the sector's middle half
Equity€39,647below the sector's middle half-€60,054below the sector's middle half▲ 51.5%
Total assets€103,321below the sector's middle half-€60,372below the sector's middle half▼ 41.6%
Debt€63,674-€318▼ 99.5%
Working capital€39,647within the sector's middle half-€60,054within the sector's middle half▲ 51.5%
Solvency38.4%within the sector's middle half-99.5%above the sector's middle half▲ 61.1pp
Current ratio1.62within the sector's middle half-
Return on assets (ROA)-58.4%below the sector's middle half-33.8%above the sector's middle half▲ 92.2pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 €20,468, after a loss of €60,164 in 2024.
Turnover and EBIT margin are not published. The abbreviated 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 €60,372
Equity
€60,054 ▲ 51.5%
Debt
€318 ▼ 99.5%
Debt's share of the balance-sheet total falls from 61.6% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
34.0%▲
2024 · -152.2%
Debt ≤ 1 year
€318▼
2024 · €63,674
A ratio outside any meaningful range has been withheld (balance sheet total €60,372, equity €60,054).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,615 | €0 | ▼ 100% |
| Other operating charges640/8 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€56,161 | €20,867 | - |
| Operating profit (loss)9901 | -€60,164 | €20,468 | - |
| Financial charges65/66B | €189 | €60 | ▼ 68.1% |
| Recurring financial charges65 | €189 | €60 | ▼ 68.1% |
| Profit (loss) for the period before taxes9903 | -€60,353 | €20,407 | - |
| Profit (loss) for the period9904 | -€60,353 | €20,407 | - |
| Profit (loss) for the period to be appropriated9905 | -€60,353 | €20,407 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €103,321 | €60,372 | ▼ 41.6% |
| Current assets29/58 | €103,321 | €60,372 | ▼ 41.6% |
| Amounts receivable within one year40/41 | €11,834 | €7,285 | ▼ 38.4% |
| Other amounts receivable41 | €11,834 | €7,285 | ▼ 38.4% |
| Cash at bank and in hand54/58 | €90,757 | €52,357 | ▼ 42.3% |
| Deferred charges and accrued income490/1 | €730 | €730 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €103,321 | €60,372 | ▼ 41.6% |
| Equity10/15 | €39,647 | €60,054 | ▲ 51.5% |
| Contributions10/11 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€60,353 | -€39,946 | ▲ 33.8% |
| Amounts payable17/49 | €63,674 | €318 | ▼ 99.5% |
| Amounts payable within one year42/48 | €63,674 | €318 | ▼ 99.5% |
| Trade debts44 | €63,674 | €318 | ▼ 99.5% |
| Suppliers440/4 | €63,674 | €318 | ▼ 99.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€60,353 | €20,407 | - |
| + Depreciation and write-downs630 | €3,615 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€56,738 | €20,407 | - |
| Change in cash | - | -€38,400 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.