ELASTIC CODE
InactiveFinancials · fiscal year 2025, micro schema
Turnover
€94,208▼ 23.4%
2024 · €122,976
EBIT margin
0.8%▼ 33.0pp
2024 · 33.8%
Net result
-€1,803
2024 · €33,146
Working capital
€67,067▲ 8.0%
2024 · €62,123
Trend over the years
2023 to 2025, 3 fiscal years
The operating result falls in 2025; 2025 is 98% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€94,208
2025
Operating result€796
2025
Net result-€1,803
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€82,311
2025
Equity€67,158
2025
Debt€15,154
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€67,067
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin0.8%
2025
Return on assets (ROA)-2.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency81.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio5.43
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Turnover€130,123-€122,976▼ 5.5%€94,208▼ 23.4%
Operating result€38,678-€41,576▲ 7.5%€796▼ 98.1%
Net result€30,814within the sector's middle half-€33,146within the sector's middle half▲ 7.6%-€1,803below the sector's middle half
EBIT margin29.7%-33.8%▲ 4.1pp0.8%▼ 33.0pp
Equity€35,814below the sector's middle half-€68,961within the sector's middle half▲ 92.6%€67,158within the sector's middle half▼ 2.6%
Total assets€51,962below the sector's middle half-€87,818within the sector's middle half▲ 69.0%€82,311within the sector's middle half▼ 6.3%
Debt€16,148-€18,857▲ 16.8%€15,154▼ 19.6%
Working capital€32,522within the sector's middle half-€62,123within the sector's middle half▲ 91.0%€67,067within the sector's middle half▲ 8.0%
Solvency68.9%above the sector's middle half-78.5%within the sector's middle half▲ 9.6pp81.6%above the sector's middle half▲ 3.1pp
Current ratio3.01within the sector's middle half-4.29within the sector's middle half▲ 1.285.43above the sector's middle half▲ 1.13
Return on assets (ROA)59.3%above the sector's middle half-37.7%above the sector's middle half▼ 21.6pp-2.2%below the sector's middle half▼ 39.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,311
Fixed assets
€91 ▼ 98.7%
Current assets
€82,221 ▲ 1.5%
Equity and liabilities €82,311
Equity
€67,158 ▼ 2.6%
Debt
€15,154 ▼ 19.6%
Debt's share of the balance-sheet total falls from 21.5% to 18.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2,755▼
2024 · €42,849
Cash flow
€156▼
2024 · €34,420
Debt to equity
0.23▼
2024 · 0.27
ROE
-2.7%▼
2024 · 48.1%
Interest coverage
25.14▼
2024 · 484.17
Debt ≤ 1 year
€15,154▼
2024 · €18,857
Staff costs
€3,220▲
2024 · €2,977
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €130,123 | €122,976 | €94,208 | ▼ 23.4% |
| Goods, raw materials, services and sundry goods60/61 | €88,907 | €77,150 | €87,707 | ▲ 13.7% |
| Remuneration, social security and pensions62 | €2,183 | €2,977 | €3,220 | ▲ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €356 | €1,273 | €1,959 | ▲ 53.8% |
| Other operating charges640/8 | - | - | €526 | - |
| Gross operating margin9900 | €41,217 | €45,826 | €6,501 | ▼ 85.8% |
| Operating profit (loss)9901 | €38,678 | €41,576 | €796 | ▼ 98.1% |
| Financial income75/76B | €15 | - | €0 | - |
| Recurring financial income75 | €15 | - | €0 | - |
| Financial charges65/66B | €135 | €89 | €2,599 | ▲ 2,837% |
| Recurring financial charges65 | €135 | €89 | €110 | ▲ 23.8% |
| Non-recurring financial charges66B | - | - | €2,490 | - |
| Profit (loss) for the period before taxes9903 | €38,558 | €41,487 | -€1,803 | ▼ 104% |
| Income taxes67/77 | €7,743 | €8,341 | - | - |
| Profit (loss) for the period9904 | €30,814 | €33,146 | -€1,803 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €30,814 | €33,146 | -€1,803 | ▼ 105% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51,962 | €87,818 | €82,311 | ▼ 6.3% |
| Fixed assets21/28 | €3,292 | €6,838 | €91 | ▼ 98.7% |
| Tangible fixed assets22/27 | €3,201 | €6,747 | - | - |
| Plant, machinery and equipment23 | €3,201 | €2,845 | - | - |
| Furniture and vehicles24 | - | €3,902 | - | - |
| Financial fixed assets28 | €91 | €91 | €91 | = |
| Current assets29/58 | €48,670 | €80,980 | €82,221 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €11,087 | €7,778 | €19,722 | ▲ 154% |
| Trade receivables40 | €10,711 | €7,538 | €19,722 | ▲ 162% |
| Other amounts receivable41 | €375 | €240 | - | - |
| Cash at bank and in hand54/58 | €37,583 | €73,202 | €58,985 | ▼ 19.4% |
| Deferred charges and accrued income490/1 | - | - | €3,514 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51,962 | €87,818 | €82,311 | ▼ 6.3% |
| Equity10/15 | €35,814 | €68,961 | €67,158 | ▼ 2.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | - | - | - |
| Issued capital100 | €5,000 | - | - | - |
| Reserves13 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | €500 | - | - | - |
| Legal reserve130 | €500 | - | - | - |
| Distributable reserves133 | - | €500 | €500 | = |
| Profit (loss) carried forward14 | €30,314 | €63,461 | €61,658 | ▼ 2.8% |
| Amounts payable17/49 | €16,148 | €18,857 | €15,154 | ▼ 19.6% |
| Amounts payable within one year42/48 | €16,148 | €18,857 | €15,154 | ▼ 19.6% |
| Financial debts43 | - | €20 | €35 | ▲ 78.9% |
| Credit institutions430/8 | - | €20 | €35 | ▲ 78.9% |
| Trade debts44 | €3,113 | €2,715 | €12,633 | ▲ 365% |
| Suppliers440/4 | €1,018 | €2,157 | €12,633 | ▲ 486% |
| Bills of exchange payable441 | €2,095 | €559 | - | - |
| Taxes, remuneration and social security45 | €9,759 | €16,084 | €2,486 | ▼ 84.5% |
| Taxes450/3 | €8,109 | €16,084 | €2,486 | ▼ 84.5% |
| Remuneration and social security454/9 | €1,650 | - | - | - |
| Other amounts payable47/48 | €3,276 | €38 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,814 | €33,146 | -€1,803 | ▼ 105% |
| + Depreciation and write-downs630 | €356 | €1,273 | €1,959 | ▲ 53.8% |
| Operating cash flow (approximation) | €31,170 | €34,420 | €156 | ▼ 99.5% |
| Investment in fixed assets (approximation) | - | -€4,819 | €4,788 | ▲ 199% |
| Change in cash | - | €35,619 | -€14,217 | ▼ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 16,963 companies in this sector we hold annual accounts for 8,997. 7,080 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector