EXPERIENCE 7
Annual accounts 2025
micro format, filed on 03-06-2026, 58 days before the deadline€39,297
▲ 2.0%
€12,132
▼ 13.8%
€1,217
▼ 74.5%
-€215,062
▲ €10,904
18.6%
▲ 1.1 percentage points
0.03
▲ 0.00
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €64,000. Estimated: probably between €48,000 and €93,000.
Balance sheet
balance sheet total €469,453 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
18.6%
Higher than 41% of 17,190 companies in 2025.
0.03
Lower than 95% of 16,487 companies in 2025.
0.3%
Higher than 40% of 16,866 companies in 2025.
EXPERIENCE 7
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
469,453 | 490,891 | 474,476 | 527,540 | 252,741 | 260,151 | 269,123 | 280,486 | 298,526 | 308,486 | 325,476 | 337,180 | 354,620 | 363,466 | |
21/28 |
463,688 | 485,304 | 472,273 | 476,834 | 251,250 | 260,135 | 269,020 | 277,905 | 286,790 | 295,674 | 311,259 | 326,844 | 342,429 | 358,014 | |
22/27 |
463,688 | 485,304 | 472,273 | 476,834 | 251,250 | 260,135 | 269,020 | 277,905 | 286,790 | 295,674 | 311,259 | 326,844 | 342,429 | 358,014 | |
22 |
458,084 | 478,286 | 472,273 | 476,834 | 251,250 | 260,135 | 269,020 | 277,905 | 286,790 | 295,674 | 311,259 | 326,844 | 342,429 | 358,014 | |
23 |
5,604 | 7,018 | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
5,765 | 5,588 | 2,203 | 50,706 | 1,491 | 16 | 103 | 2,582 | 11,737 | 12,811 | 14,216 | 10,336 | 12,191 | 5,451 | |
40/41 |
0 | 2,939 | 1,982 | 50,706 | - | - | - | - | - | - | - | 3 | 3 | - | |
40 |
0 | 1,025 | 1,615 | - | - | - | - | - | - | - | - | - | - | - | |
41 |
0 | 1,915 | 367 | 50,706 | - | - | - | - | - | - | - | 3 | 3 | - | |
54/58 |
4,501 | 2,648 | 221 | 0 | 407 | 16 | 103 | 1,613 | 10,827 | 12,811 | 13,393 | 1,781 | 11,727 | 4,991 | |
490/1 |
1,264 | - | - | 0 | 1,084 | - | - | 968 | 909 | - | 823 | 8,552 | 461 | 461 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
469,453 | 490,891 | 474,476 | 527,540 | 252,741 | 260,151 | 269,123 | 280,486 | 298,526 | 308,486 | 325,476 | 337,180 | 354,620 | 363,466 | |
10/15 |
87,419 | 86,202 | 81,430 | 79,051 | 78,366 | 73,441 | 68,055 | 62,474 | 59,078 | 53,071 | 50,032 | 48,382 | 45,300 | 42,979 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
11 |
- | - | - | - | - | 50,000 | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 50,000 | - | - | - | - | - | - | - | - | |
13 |
37,419 | 36,202 | 31,430 | 29,051 | 28,366 | 23,441 | 18,055 | 12,474 | 9,078 | 3,071 | 32 | - | - | - | |
130/1 |
- | - | 0 | 903 | 903 | 903 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 903 | 624 | 454 | 154 | 2 | - | - | - | |
1311 |
- | - | 0 | 903 | 903 | 903 | - | - | - | - | - | - | - | - | |
133 |
37,419 | 36,202 | 31,430 | 28,148 | 27,463 | 22,539 | 17,152 | 11,850 | 8,624 | 2,917 | 31 | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | -1,618 | -4,700 | -7,021 | |
17/49 |
382,034 | 404,690 | 393,046 | 448,489 | 174,375 | 186,710 | 201,068 | 218,012 | 239,449 | 255,415 | 275,443 | 288,798 | 309,320 | 320,487 | |
17 |
161,207 | 173,135 | 184,656 | 195,781 | - | - | - | - | - | - | - | - | - | - | |
170/4 |
161,207 | 173,135 | 184,656 | 195,781 | - | - | - | - | - | - | - | - | - | - | |
42/48 |
220,827 | 231,554 | 208,390 | 252,095 | 174,375 | 186,710 | 200,568 | 218,012 | 239,449 | 255,415 | 275,443 | 288,798 | 309,320 | 320,487 | |
42 |
11,928 | 11,520 | 11,126 | 10,745 | - | - | - | - | - | - | - | - | - | - | |
43 |
55,000 | 75,000 | 95,000 | 119,820 | 135,000 | 155,000 | 175,000 | 195,000 | 215,000 | 235,000 | 255,000 | 275,000 | 295,000 | 315,000 | |
430/8 |
- | - | 0 | 4,820 | - | - | - | - | - | - | - | - | - | - | |
439 |
55,000 | 75,000 | 95,000 | 115,000 | 135,000 | 155,000 | 175,000 | 195,000 | 215,000 | 235,000 | 255,000 | 275,000 | 295,000 | 315,000 | |
44 |
23 | 1,724 | 2,127 | 0 | 1,084 | - | - | - | 909 | - | 823 | - | 522 | 1,489 | |
440/4 |
23 | 1,724 | 2,127 | 0 | 1,084 | - | - | - | 909 | - | 823 | - | 522 | 1,489 | |
45 |
2,278 | 1,579 | 524 | 1,967 | 3,728 | 4,497 | 4,105 | 1,549 | 2,076 | - | - | - | - | - | |
450/3 |
2,278 | 1,579 | 524 | 1,967 | 3,728 | 4,497 | 4,105 | 1,549 | 2,076 | - | - | - | - | - | |
47/48 |
151,598 | 141,731 | 99,613 | 119,563 | 34,563 | 27,213 | 21,463 | 21,463 | 21,463 | 20,415 | 19,620 | 13,798 | 13,798 | 3,998 | |
492/3 |
- | - | 0 | 613 | - | - | 500 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
39,297 | 38,509 | 36,809 | 23,094 | 22,372 | 20,487 | 23,959 | 20,881 | 24,118 | 26,051 | 26,070 | 26,494 | 26,363 | 19,046 | |
630 |
21,616 | 18,952 | 16,634 | 9,288 | 8,885 | 8,885 | 8,885 | 8,885 | 8,885 | 15,585 | 15,585 | 15,585 | 15,585 | 15,585 | |
640/8 |
5,549 | 5,481 | 4,040 | 8,269 | 3,754 | 3,405 | 3,372 | 3,117 | 3,077 | 2,963 | 2,984 | 2,913 | 2,921 | 2,515 | |
9901 |
12,132 | 14,076 | 16,135 | 5,537 | 9,733 | 8,197 | 11,702 | 8,878 | 12,157 | 7,503 | 7,500 | 7,996 | 7,857 | 946 | |
75/76B |
- | 0 | 3 | - | - | - | - | - | - | - | 1 | 4 | 14 | - | |
75 |
- | 0 | 3 | - | - | - | - | - | - | - | 1 | 4 | 14 | - | |
65/66B |
10,507 | 8,250 | 13,235 | 4,673 | 3,021 | 869 | 3,566 | 3,933 | 4,074 | 4,465 | 5,851 | 4,918 | 5,550 | 7,967 | |
65 |
10,507 | 8,250 | 13,235 | 4,673 | 3,021 | 869 | 3,566 | 3,933 | 4,074 | 4,465 | 5,851 | 4,918 | 5,550 | 7,967 | |
9903 |
1,625 | 5,826 | 2,904 | 864 | 6,711 | 7,328 | 8,136 | 4,946 | 8,083 | 3,038 | 1,650 | 3,082 | 2,321 | -7,021 | |
67/77 |
408 | 1,054 | 524 | 180 | 1,787 | 1,941 | 2,556 | 1,549 | 2,076 | - | 0 | - | - | - | |
9904 |
1,217 | 4,772 | 2,379 | 685 | 4,925 | 5,387 | 5,580 | 3,397 | 6,007 | 3,038 | 1,650 | 3,082 | 2,321 | -7,021 | |
9905 |
1,217 | 4,772 | 2,379 | 685 | 4,925 | 5,387 | 5,580 | 3,397 | 6,007 | 3,038 | 1,650 | 3,082 | 2,321 | -7,021 | |
| Appropriation of the result | |||||||||||||||
9906 |
1,217 | 4,772 | 2,379 | 685 | 4,925 | 5,387 | 5,580 | 3,397 | 6,007 | 3,038 | 32 | -1,618 | -4,700 | -7,021 | |
691/2 |
1,217 | 4,772 | 2,379 | 685 | 4,925 | 5,387 | 5,580 | 3,397 | 6,007 | 3,038 | 32 | - | - | - | |
6920 |
- | - | - | - | - | - | 279 | 170 | 300 | 152 | 2 | - | - | - | |
6921 |
1,217 | 4,772 | 2,379 | 685 | 4,925 | 5,387 | 5,301 | 3,227 | 5,706 | 2,886 | 31 | - | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00140785 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00261494 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00235709 | |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00234283 | |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20160898 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38000342 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-36800124 | |
| 31-12-2018 | micro format | 26-06-2019 | 2019-22300356 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-25500222 | |
| 31-12-2016 | micro format | 11-08-2017 | 2017-42600108 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-47900031 | |
| 31-12-2014 | abbreviated format | 26-08-2015 | 2015-49700058 | |
| 31-12-2013 | abbreviated format | 25-08-2014 | 2014-45800091 | |
| 31-12-2012 | abbreviated format | 19-07-2013 | 2013-31900551 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,748 | 33,028 | 32,769 | 14,825 | 18,618 | 17,082 | 20,587 | 17,763 | 21,042 | 23,088 | 23,085 | 23,581 | 23,441 | 16,531 | ||
| 22,833 | 23,723 | 19,013 | 9,973 | 13,810 | 14,272 | 14,465 | 12,282 | 14,892 | 18,623 | 17,235 | 18,667 | 17,906 | 8,564 | ||
| 0 | 31,983 | 12,072 | 234,872 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 373,599 | ||
| 1,853 | 2,428 | 221 | -407 | 391 | -87 | -1,511 | -9,214 | -1,984 | -582 | 11,612 | -9,946 | 6,736 | - | ||
| -215,062 | -225,967 | -206,187 | -201,389 | -172,884 | -186,693 | -200,465 | -215,431 | -227,712 | -242,604 | -261,227 | -278,462 | -297,129 | -315,035 | ||
| 18.6% | 17.6% | 17.2% | 15.0% | 31.0% | 28.2% | 25.3% | 22.3% | 19.8% | 17.2% | 15.4% | 14.3% | 12.8% | 11.8% | ||
| 0.03 | 0.02 | 0.01 | 0.20 | 0.01 | 0.00 | 0.00 | 0.01 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.02 | ||
| 4.37 | 4.69 | 4.83 | 5.67 | 2.23 | 2.54 | 2.95 | 3.49 | 4.05 | 4.81 | 5.51 | 5.97 | 6.83 | 7.46 | ||
| 1.4% | 5.5% | 2.9% | 0.9% | 6.3% | 7.3% | 8.2% | 5.4% | 10.2% | 5.7% | 3.3% | 6.4% | 5.1% | -16.3% | ||
| 0.3% | 1.0% | 0.5% | 0.1% | 1.9% | 2.1% | 2.1% | 1.2% | 2.0% | 1.0% | 0.5% | 0.9% | 0.7% | -1.9% | ||
| 3.21 | 4.00 | 2.48 | 3.17 | 6.16 | - | - | - | - | - | - | - | - | - |
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 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €31,983 | €12,072 | €234,872 | - |
| €21,616 | €18,952 | €16,634 | €9,288 | €8,885 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EXPERIENCE 7
The operating result for 2025 is 14% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 82.4% to 81.4%. Equity is higher and debt is lower.