Ekribo
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before 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 ≈ €360,000. Estimated: probably between €220,000 and €560,000.
Balance sheet
balance sheet total €184,863 on 31-12-2025Change in equityin euro
Change in cashin euro
Position in the sector
Solvency2.7%
Higher than 10% of 35,008 companies in 2025.
Current ratio0.89
Higher than 17% of 34,384 companies in 2025.
Return on assets33.5%
Higher than 89% of 34,584 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
Total assets20/58 |
184,863 | 144,579 | 97,308 | 80,562 | |
Fixed assets21/28 |
31,330 | 36,736 | 41,848 | 32,749 | |
Tangible fixed assets22/27 |
31,330 | 36,736 | 41,848 | 32,749 | |
Plant, machinery and equipment23 |
1,373 | 2,129 | 2,887 | 759 | |
Furniture and vehicles24 |
25,028 | 27,954 | 34,749 | 31,989 | |
Other tangible fixed assets26 |
4,928 | 6,654 | 4,213 | - | |
Current assets29/58 |
153,534 | 107,842 | 55,460 | 47,813 | |
Stocks and contracts in progress3 |
33,001 | 18,963 | 5,918 | 6,242 | |
Stocks30/36 |
33,001 | 18,963 | 5,918 | 6,242 | |
Amounts receivable within one year40/41 |
93,908 | 72,368 | 10,568 | 36,346 | |
Trade receivables40 |
73,819 | 68,314 | 9,906 | 32,515 | |
Other amounts receivable41 |
20,089 | 4,055 | 663 | 3,831 | |
Cash at bank and in hand54/58 |
24,309 | 14,301 | 37,478 | 5,225 | |
Deferred charges and accrued income490/1 |
2,316 | 2,210 | 1,496 | - | |
| Balance sheet: equity and liabilities | |||||
Total equity and liabilities10/49 |
184,863 | 144,579 | 97,308 | 80,562 | |
Equity10/15 |
5,000 | 84,940 | 46,451 | 12,239 | |
Contributions10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
Reserves13 |
0 | 79,940 | 41,451 | 7,239 | |
Distributable reserves133 |
0 | 79,940 | 41,451 | 7,239 | |
Profit (loss) carried forward14 |
0 | - | - | - | |
Amounts payable17/49 |
179,863 | 59,638 | 50,857 | 68,323 | |
Amounts payable after more than one year17 |
7,011 | 13,443 | 19,838 | - | |
Financial debts170/4 |
7,011 | 13,443 | 19,838 | - | |
Amounts payable within one year42/48 |
172,853 | 46,195 | 31,020 | 68,323 | |
Current portion of amounts payable after more than one year42 |
6,432 | 6,395 | 6,357 | - | |
Trade debts44 |
5,267 | 21,082 | 13,757 | 31,455 | |
Suppliers440/4 |
5,267 | 21,082 | 13,757 | 31,455 | |
Advances received on contracts in progress46 |
- | - | - | 23,800 | |
Taxes, remuneration and social security45 |
33,742 | 10,171 | 10,906 | - | |
Taxes450/3 |
33,742 | 10,171 | 10,906 | - | |
Other amounts payable47/48 |
127,411 | 8,548 | - | 13,068 | |
| Income statement | |||||
Gross operating margin9900 |
91,089 | 58,402 | 46,111 | 7,240 | |
Remuneration, social security and pensions62 |
- | 0 | - | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
11,737 | 9,195 | 2,109 | 1 | |
Other operating charges640/8 |
731 | 1,088 | 648 | - | |
Operating profit (loss)9901 |
78,621 | 48,119 | 43,354 | 7,239 | |
Financial income75/76B |
965 | 874 | 225 | - | |
Recurring financial income75 |
965 | 874 | 225 | - | |
Financial charges65/66B |
1,504 | 357 | 344 | - | |
Recurring financial charges65 |
1,504 | 357 | 344 | - | |
Profit (loss) for the period before taxes9903 |
78,082 | 48,636 | 43,236 | 7,239 | |
Income taxes67/77 |
16,189 | 10,147 | 9,023 | - | |
Profit (loss) for the period9904 |
61,892 | 38,489 | 34,212 | 7,239 | |
Profit (loss) for the period to be appropriated9905 |
61,892 | 38,489 | 34,212 | 7,239 | |
| Appropriation of the result | |||||
Profit (loss) to be appropriated9906 |
61,892 | 38,489 | 34,212 | 7,239 | |
Transfer from equity791/2 |
79,940 | - | - | - | |
Transfer to equity691/2 |
0 | 38,489 | 34,212 | 7,239 | |
To other reserves6921 |
0 | 38,489 | 34,212 | 7,239 | |
Profit to be distributed694/7 |
141,833 | - | - | - | |
Return on contributions (dividend)694 |
141,833 | - | - | - | |
| Document | |||||
The notes to these accounts have 6 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 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| EBITDA | 90,358 | 57,314 | 45,463 | 7,240 | |
| Cash flow | 73,630 | 47,685 | 36,321 | 7,240 | |
| Investment in fixed assets | 6,331 | 4,084 | 11,208 | 32,750 | |
| Change in cash | 10,008 | -23,177 | 32,253 | - | |
| Working capital | -19,319 | 61,647 | 24,441 | -20,510 | |
| Solvency | 2.7% | 58.8% | 47.7% | 15.2% | |
| Current ratio | 0.89 | 2.33 | 1.79 | 0.70 | |
| Quick ratio | 0.70 | 1.92 | 1.60 | 0.61 | |
| Debt to equity | 35.97 | 0.70 | 1.09 | 5.58 | |
| ROE | - | 45.3% | 73.7% | 59.1% | |
| ROA | 33.5% | 26.6% | 35.2% | 9.0% | |
| Interest coverage | 60.06 | over 100 | over 100 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €184,863, equity €5,000).
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 |
|---|---|---|---|---|
| Tangible fixed assets | €6,331 | €4,084 | €11,208 | €32,750 |
| Depreciation and write-downs of the year | €11,737 | €9,195 | €2,109 | €1 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Ekribo
The operating result for 2025 is 63% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Debt's share of the balance-sheet total rises from 41.2% to 97.3%. Equity is lower and debt is higher.