EXPERIENCE ONE
InactiveFinancials · financial year 2025, micro format
2025 annual accounts filed 11 days after the deadline Filed on 11 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00037646.
Annual accounts 2025 filed on 11-02-2026 PDF all 12 filings
Turnover
≈ €11,000
Estimated: probably between €5,300 and €28,000
Total assets
€88,293▼ 36.6%
2024 · €139,360
Net result
-€25,637▲ 42.8%
2024 · -€44,839
Working capital
-€132,570▼ 1.7%
2024 · -€130,376
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€22,229
▲ 46.7%
2025
20192025
Net result
-€25,637
▲ 42.8%
2025
20192025
Equity
-€81,683
▼ 45.7%
2025
20192025
Total assets
€88,293
▼ 36.6%
2025
20192025
Debt
€169,976
▼ 13.0%
2025
20192025
Working capital
-€132,570
▼ 1.7%
2025
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€2,173-€2,293€6,824▲ 198%-€7,213-€7,294▼ 1.1%-€41,668▼ 471%-€22,229▲ 46.7%
Net result-€4,741--€186▲ 96.1%€2,582-€9,243-€9,792▼ 5.9%-€44,839▼ 358%-€25,637▲ 42.8%
Equity€25,432-€25,246▼ 0.7%€27,828▲ 10.2%€18,586▼ 33.2%€8,793▼ 52.7%-€56,046-€81,683▼ 45.7%
Total assets€122,126-€94,718▼ 22.4%€91,883▼ 3.0%€146,366▲ 59.3%€166,139▲ 13.5%€139,360▼ 16.1%€88,293▼ 36.6%
Debt€96,694-€69,472▼ 28.2%€64,055▼ 7.8%€127,780▲ 99.5%€157,346▲ 23.1%€195,406▲ 24.2%€169,976▼ 13.0%
Working capital€9,113-€14,666▲ 60.9%€23,868▲ 62.7%-€32,355-€75,157▼ 132%-€130,376▼ 73.5%-€132,570▼ 1.7%
Staff (FTE)0.9-0.9=
The operating result for 2025 is a loss of €22,229, smaller than the loss of €41,668 in 2024.
Turnover and EBIT margin are not published. The micro 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
Assets €88,293
Fixed assets
€50,887 ▼ 31.5%
Current assets
€37,405 ▼ 42.5%
Equity and liabilities
Equity-€81,683
Debt€169,976
Equity is negative. Debt (€169,976) exceeds the balance-sheet total (€88,293).
Key figures and ratios
EBITDA
-€285▲
2024 · -€21,340
Cash flow
-€3,694▲
2024 · -€24,511
Solvency
-92.5%▼
2024 · -40.2%
Current ratio
0.22▼
2024 · 0.33
ROA
-29.0%▲
2024 · -32.2%
Interest coverage
-0.11▲
2024 · -8.85
Debt ≤ 1 year
€169,976▼
2024 · €195,406
Income taxes
€800▲
2024 · €760
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €48,723 | €57,762 | €10,709 | - |
| Depreciation and write-downs of the year | €1,743 | €15,576 | €20,328 | €21,943 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €323 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,421 | €5,491 | €1,430 | €1,743 | €15,576 | €20,328 | €21,943 | ▲ 7.9% |
| Other operating charges640/8 | - | - | - | €3,117 | €4,491 | €2,482 | €1,789 | ▼ 27.9% |
| Non-recurring operating charges66A | - | - | - | €2,669 | - | - | - | - |
| Gross operating margin9900 | €35,299 | €20,389 | €14,520 | €316 | €12,773 | -€18,857 | €1,503 | - |
| Operating profit (loss)9901 | -€2,173 | €2,293 | €6,824 | -€7,213 | -€7,294 | -€41,668 | -€22,229 | ▲ 46.7% |
| Financial income75/76B | - | - | - | €0 | €2 | - | - | - |
| Recurring financial income75 | €13 | €180 | €6 | €0 | €2 | - | - | - |
| Financial charges65/66B | - | - | - | €1,886 | €1,772 | €2,411 | €2,608 | ▲ 8.2% |
| Recurring financial charges65 | €2,065 | €1,687 | €1,168 | €1,886 | €1,772 | €2,411 | €2,608 | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | -€4,224 | €785 | €5,662 | -€9,099 | -€9,063 | -€44,079 | -€24,837 | ▲ 43.7% |
| Income taxes67/77 | €517 | €971 | €3,079 | €144 | €729 | €760 | €800 | ▲ 5.3% |
| Profit (loss) for the period9904 | -€4,741 | -€186 | €2,582 | -€9,243 | -€9,792 | -€44,839 | -€25,637 | ▲ 42.8% |
| Profit (loss) for the period to be appropriated9905 | -€4,741 | -€186 | €2,582 | -€9,243 | -€9,792 | -€44,839 | -€25,637 | ▲ 42.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €122,126 | €94,718 | €91,883 | €146,366 | €166,139 | €139,360 | €88,293 | ▼ 36.6% |
| Fixed assets21/28 | €23,455 | €12,004 | €3,961 | €50,941 | €83,950 | €74,331 | €50,887 | ▼ 31.5% |
| Tangible fixed assets22/27 | €21,955 | €10,504 | €2,461 | €49,441 | €82,450 | €72,831 | €50,887 | ▼ 30.1% |
| Plant, machinery and equipment23 | - | - | - | €1,535 | €957 | €552 | €147 | ▼ 73.3% |
| Furniture and vehicles24 | - | - | - | €47,906 | €81,493 | €72,279 | €50,740 | ▼ 29.8% |
| Financial fixed assets28 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | - | - |
| Current assets29/58 | €98,672 | €82,714 | €87,922 | €95,425 | €82,190 | €65,030 | €37,405 | ▼ 42.5% |
| Stocks and contracts in progress3 | €95,000 | €80,000 | €80,000 | €80,000 | €80,000 | - | - | - |
| Contracts in progress37 | - | - | - | €80,000 | €80,000 | - | - | - |
| Amounts receivable within one year40/41 | €1,849 | €618 | €6,396 | €12,227 | €593 | €62,918 | €34,249 | ▼ 45.6% |
| Trade receivables40 | - | - | - | €10,675 | - | €60,000 | €34,100 | ▼ 43.2% |
| Other amounts receivable41 | - | - | - | €1,553 | €593 | €2,918 | €149 | ▼ 94.9% |
| Cash at bank and in hand54/58 | €1,823 | €2,096 | €1,510 | €1,030 | €1,596 | €1,180 | €2,233 | ▲ 89.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,167 | - | €931 | €924 | ▼ 0.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €122,126 | €94,718 | €91,883 | €146,366 | €166,139 | €139,360 | €88,293 | ▼ 36.6% |
| Equity10/15 | €25,432 | €25,246 | €27,828 | €18,586 | €8,793 | -€56,046 | -€81,683 | ▼ 45.7% |
| Contributions10/11 | €48,600 | - | - | €50,460 | €50,460 | €50,460 | €50,460 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€25,028 | -€25,214 | -€22,632 | -€31,874 | -€41,667 | -€106,506 | -€132,143 | ▼ 24.1% |
| Amounts payable17/49 | €96,694 | €69,472 | €64,055 | €127,780 | €157,346 | €195,406 | €169,976 | ▼ 13.0% |
| Amounts payable after more than one year17 | €7,016 | €1,423 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €89,559 | €68,048 | €64,055 | €127,780 | €157,346 | €195,406 | €169,976 | ▼ 13.0% |
| Financial debts43 | - | - | - | €25,000 | €21,000 | €25,000 | €8,000 | ▼ 68.0% |
| Credit institutions430/8 | - | - | - | €25,000 | €21,000 | €25,000 | €8,000 | ▼ 68.0% |
| Trade debts44 | €12,713 | €11,670 | €12,053 | €14,553 | €12,869 | €465 | €4,115 | ▲ 785% |
| Suppliers440/4 | - | - | - | €14,553 | €12,869 | €465 | €4,115 | ▲ 785% |
| Taxes, remuneration and social security45 | - | - | - | €497 | €3,784 | €2,810 | €3,724 | ▲ 32.5% |
| Taxes450/3 | - | - | - | €497 | €3,784 | €2,810 | €3,724 | ▲ 32.5% |
| Other amounts payable47/48 | - | - | - | €87,731 | €119,694 | €167,131 | €154,136 | ▼ 7.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,741 | -€186 | €2,582 | -€9,243 | -€9,792 | -€44,839 | -€25,637 | ▲ 42.8% |
| + Depreciation and write-downs630 | €9,421 | €5,491 | €1,430 | €1,743 | €15,576 | €20,328 | €21,943 | ▲ 7.9% |
| Operating cash flow (approximation) | €4,680 | €5,305 | €4,012 | -€7,500 | €5,784 | -€24,511 | -€3,694 | ▲ 84.9% |
| Investment in fixed assets (approximation) | - | €5,960 | €6,613 | -€48,723 | -€48,585 | -€10,709 | €1,500 | - |
| Change in cash | - | €274 | -€586 | -€480 | €566 | -€416 | €1,052 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 11-02-2026 | 2026-00037646 | |
| 30-06-2024 | micro format | 08-01-2025 | 2025-00002358 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00011222 | |
| 30-06-2022 | micro format | 20-01-2023 | 2023-00002157 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02700028 | |
| 30-06-2020 | micro format | 30-09-2020 | 2020-57300144 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03500318 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03400188 | |
| 30-06-2017 | micro format | 21-12-2017 | 2017-72800256 | |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70300047 |