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Annual accounts 2025
micro format, filed on 13-04-2026, 109 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 ≈ €150,000. Estimated: probably between €76,000 and €280,000.
Balance sheet
balance sheet total €74,788 on 31-12-2025in euro
in euro
Position in the sector
86.1%
Higher than 86% of 9,696 companies in 2025.
7.17
Higher than 86% of 9,314 companies in 2025.
24.7%
Higher than 69% of 9,438 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
74,788 | 52,871 | 29,815 | |
29/58 |
74,788 | 52,871 | 29,815 | |
29 |
28,062 | - | - | |
291 |
28,062 | - | - | |
40/41 |
20,275 | 13,262 | 26,620 | |
40 |
11,400 | 12,516 | 26,620 | |
41 |
8,875 | 746 | - | |
54/58 |
26,451 | 39,609 | 3,195 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
74,788 | 52,871 | 29,815 | |
10/15 |
64,355 | 45,879 | 21,689 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
61,855 | 43,379 | 19,189 | |
133 |
61,855 | 43,379 | 19,189 | |
17/49 |
10,432 | 6,992 | 8,126 | |
42/48 |
10,432 | 6,992 | 8,126 | |
43 |
2,692 | 4,226 | - | |
430/8 |
2,692 | 4,226 | - | |
44 |
1,014 | - | 695 | |
440/4 |
1,014 | - | 695 | |
46 |
794 | - | - | |
45 |
5,932 | 2,336 | 6,502 | |
450/3 |
5,932 | 2,336 | 6,502 | |
47/48 |
0 | 429 | 929 | |
| Income statement | ||||
9900 |
24,888 | 32,692 | 25,180 | |
62 |
289 | - | - | |
9901 |
24,599 | 32,692 | 25,180 | |
65/66B |
187 | 1,306 | 588 | |
65 |
187 | 1,306 | 588 | |
9903 |
24,412 | 31,386 | 24,592 | |
67/77 |
5,936 | 7,196 | 5,403 | |
9904 |
18,476 | 24,190 | 19,189 | |
9905 |
18,476 | 24,190 | 19,189 | |
| Appropriation of the result | ||||
9906 |
18,476 | 24,190 | 19,189 | |
691/2 |
18,476 | 24,190 | 19,189 | |
6921 |
18,476 | 24,190 | 19,189 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-04-2026.
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 |
|---|---|---|---|---|
| 0 | - | - | ||
| -13,158 | 36,414 | - | ||
| 64,355 | 45,879 | 21,689 | ||
| 86.1% | 86.8% | 72.7% | ||
| 7.17 | 7.56 | 3.67 | ||
| 0.16 | 0.15 | 0.37 | ||
| 28.7% | 52.7% | 88.5% | ||
| 24.7% | 45.8% | 64.4% |
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 |
|---|---|---|---|
| Financial fixed assets | €0 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Equate
The operating result for 2025 is 25% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total rises from 13.2% to 13.9%. Equity and debt are higher.