F.V.
Annual accounts 2026
micro format, filed on 09-10-2026, 22 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 ≈ €190,000. Estimated: probably between €160,000 and €220,000.
Balance sheet
balance sheet total €934,057 on 31-03-2026in euro
in euro
Position in the sector
96.4%
Higher than 95% of 39,364 companies in 2025.
15.89
Higher than 95% of 38,048 companies in 2025.
4.4%
Higher than 36% of 38,520 companies in 2025.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
934,057 | 883,186 | 862,445 | 809,127 | 997,145 | 722,134 | 831,890 | 868,421 | 888,197 | 522,249 | 535,573 | 567,487 | 639,169 | 620,608 | 455,541 | 505,763 | 459,008 | 595,709 | 637,667 | 596,934 | |
21/28 |
397,590 | 413,975 | 423,479 | 430,596 | 438,747 | 453,699 | 810,085 | 833,401 | 858,971 | 513,663 | 516,320 | 530,518 | 555,104 | 559,301 | 333,389 | 345,334 | 398,632 | 410,814 | 414,362 | 375,621 | |
21 |
4,339 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 250 | 500 | 750 | - | - | |
22/27 |
393,251 | 413,975 | 423,479 | 430,596 | 438,747 | 453,699 | 810,085 | 833,401 | 858,971 | 513,663 | 516,320 | 530,493 | 555,079 | 559,276 | 333,364 | 345,059 | 398,107 | 410,040 | 414,337 | 375,596 | |
22 |
381,557 | 394,961 | 408,364 | 421,634 | 434,904 | 448,173 | 803,073 | 825,290 | 847,508 | 501,252 | 514,522 | 527,791 | 545,131 | 536,815 | 289,985 | 304,842 | 319,699 | 334,556 | 350,093 | 367,781 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,800 | 7,600 | 11,600 | 15,650 | 750 | - | |
24 |
3,285 | - | - | 0 | 875 | 1,969 | 3,288 | 244 | 481 | 1,030 | 119 | 268 | 1,084 | 4,571 | 38,513 | 32,019 | 15,441 | 3,803 | 7,384 | 7,815 | |
26 |
8,409 | 19,014 | 15,114 | 8,962 | 2,968 | 3,556 | 3,724 | 7,867 | 10,982 | 11,381 | 1,679 | 2,434 | 8,864 | 17,890 | 1,066 | 598 | 51,367 | 56,031 | 56,109 | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
536,467 | 469,211 | 438,967 | 378,531 | 558,398 | 268,435 | 21,804 | 35,020 | 29,226 | 8,586 | 19,253 | 36,969 | 84,064 | 61,307 | 122,152 | 160,430 | 60,376 | 184,895 | 223,305 | 221,313 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,586 | 73,856 | 57,734 | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,586 | 73,856 | 57,734 | - | |
40/41 |
96,683 | 45,068 | 118,458 | 56,052 | 53,197 | 44,733 | 7,416 | 20,259 | 16,899 | - | 2,972 | 2,941 | 39,342 | 58,052 | 27,117 | 140,542 | 32,496 | 68,890 | 48,400 | 12,392 | |
40 |
58,894 | 22,385 | 21,843 | 0 | 47,697 | 469 | 7,416 | 4,259 | 14,399 | - | 2,972 | 397 | 15,910 | 34,294 | 20,322 | 126,810 | 29,765 | 65,304 | 28,327 | 1,089 | |
41 |
37,789 | 22,683 | 96,614 | 56,052 | 5,500 | 44,264 | 0 | 16,000 | 2,500 | - | - | 2,544 | 23,433 | 23,758 | 6,795 | 13,732 | 2,731 | 3,586 | 20,073 | 11,303 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14,840 | |
54/58 |
416,862 | 400,832 | 315,066 | 316,552 | 500,486 | 219,490 | 11,651 | 12,313 | 8,849 | 5,305 | 13,120 | 32,957 | 43,232 | 2,526 | 95,035 | 19,888 | 17,294 | 41,889 | 116,645 | 191,789 | |
490/1 |
22,922 | 23,310 | 5,443 | 5,926 | 4,715 | 4,211 | 2,737 | 2,448 | 3,478 | 3,282 | 3,161 | 1,071 | 1,491 | 728 | - | - | - | 259 | 526 | 2,293 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
934,057 | 883,186 | 862,445 | 809,127 | 997,145 | 722,134 | 831,890 | 868,421 | 888,197 | 522,249 | 535,573 | 567,487 | 639,169 | 620,608 | 455,541 | 505,763 | 459,008 | 595,709 | 637,667 | 596,934 | |
10/15 |
900,086 | 859,390 | 797,522 | 688,730 | 594,343 | 530,681 | 512,749 | 441,961 | 410,518 | 378,976 | 354,966 | 331,030 | 312,765 | 311,443 | 323,616 | 295,235 | 255,838 | 254,731 | 259,277 | 312,428 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
893,886 | 853,190 | 791,322 | 682,530 | 588,143 | 524,481 | 506,549 | 435,761 | 404,318 | 372,776 | 348,766 | 324,830 | 271,428 | 271,428 | 271,428 | 271,428 | 251,428 | 251,428 | 251,428 | 301,428 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | 49,568 | |
133 |
844,318 | 803,622 | 739,894 | 631,102 | 536,715 | 473,053 | 455,121 | 384,333 | 352,889 | 321,347 | 297,338 | 273,402 | 220,000 | 220,000 | 220,000 | 220,000 | 200,000 | 200,000 | 200,000 | 250,000 | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | 35,137 | 33,815 | 45,988 | 17,607 | -1,790 | -2,897 | 1,649 | 4,800 | |
17/49 |
33,970 | 23,795 | 64,923 | 120,396 | 402,802 | 191,453 | 319,141 | 426,460 | 477,679 | 143,274 | 180,607 | 236,457 | 326,403 | 309,164 | 131,925 | 210,528 | 203,170 | 340,978 | 378,390 | 284,506 | |
17 |
- | - | 0 | 31,428 | 78,571 | 125,714 | 173,899 | 220,000 | 292,857 | 60,000 | 94,286 | 132,738 | 183,691 | 197,143 | 25,036 | 63,365 | 108,357 | 155,004 | 220,004 | 191,671 | |
170/4 |
- | - | 0 | 31,428 | 78,571 | 125,714 | 173,899 | 220,000 | 292,857 | 60,000 | 94,286 | 132,738 | 183,691 | 197,143 | 25,036 | 63,365 | 108,357 | 155,004 | 220,004 | 191,671 | |
42/48 |
33,758 | 23,795 | 61,807 | 84,448 | 322,150 | 65,739 | 145,242 | 206,460 | 184,822 | 83,273 | 86,321 | 103,719 | 142,712 | 112,021 | 106,889 | 147,163 | 94,813 | 185,974 | 158,385 | 92,835 | |
42 |
- | 0 | 31,428 | 47,143 | 47,143 | 48,185 | 49,643 | 72,857 | 81,429 | 34,286 | 38,452 | 50,952 | 50,952 | 59,322 | 47,496 | 47,079 | 46,647 | 65,000 | 65,000 | 45,000 | |
43 |
6,875 | 15,633 | 20,333 | 20,333 | 20,333 | 11,167 | 11,167 | 18,500 | 11,167 | 9,167 | 9,167 | 9,167 | 9,167 | 9,167 | - | - | - | - | - | 25,497 | |
430/8 |
6,875 | 15,633 | 20,333 | 20,333 | 20,333 | 11,167 | 11,167 | 18,500 | 11,167 | 9,167 | 9,167 | 9,167 | 9,167 | 9,167 | - | - | - | - | - | 25,497 | |
44 |
1,032 | 1,734 | 1,345 | 3,248 | 11 | 3,173 | 6,531 | 39,498 | 9,470 | 1,849 | 3,421 | 36,690 | 64,181 | 34,930 | 54,827 | 67,741 | 24,752 | 83,062 | 37,615 | 8,627 | |
440/4 |
1,032 | 1,734 | 1,345 | 3,248 | 11 | 3,173 | 6,531 | 39,498 | 9,470 | 1,849 | 3,421 | 36,690 | 64,181 | 34,930 | 54,827 | 67,741 | 24,752 | 83,062 | 37,615 | 8,627 | |
46 |
- | - | - | - | - | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | |
45 |
25,851 | 3,058 | 8,701 | 13,723 | 6,122 | 3,215 | 11,504 | 26,998 | 31,602 | 7,472 | 10,281 | 6,910 | 18,413 | 8,295 | 3,269 | 25,048 | 4,551 | 11,247 | 5,771 | 11,191 | |
450/3 |
25,851 | 3,058 | 8,701 | 13,723 | 6,122 | 3,215 | 6,228 | 14,960 | 19,564 | 7,472 | 10,281 | 6,910 | 18,413 | 8,295 | 3,269 | 21,645 | 4,551 | 6,924 | 1,871 | 3,333 | |
454/9 |
- | - | - | - | - | 0 | 5,276 | 12,038 | 12,038 | - | - | - | - | - | - | 3,403 | - | 4,323 | 3,900 | 7,858 | |
47/48 |
0 | 3,370 | - | 0 | 248,540 | 0 | 66,397 | 48,607 | 51,154 | 25,500 | 25,000 | - | - | 307 | 1,298 | 7,295 | 18,862 | 26,664 | 50,000 | 2,520 | |
492/3 |
213 | 0 | 3,117 | 4,521 | 2,081 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
76,065 | - | - | - | - | - | - | - | 308 | - | - | 895 | - | - | 45,847 | 29,362 | 1,055 | 5,040 | - | - | |
9900 |
110,105 | 82,047 | 170,469 | 153,973 | 111,821 | 117,475 | 130,219 | 81,493 | 78,734 | 58,053 | 57,708 | 59,770 | 48,686 | 71,287 | 39,305 | 83,704 | 57,065 | 73,401 | 52,123 | 100,924 | |
630 |
25,200 | 25,299 | 19,545 | 16,901 | 14,952 | 17,868 | 30,335 | 29,707 | 22,684 | 16,452 | 15,801 | 26,357 | 38,085 | 76,623 | 46,090 | 43,768 | 34,358 | 29,789 | 27,279 | 24,297 | |
640/8 |
17,243 | 5,520 | 3,719 | 4,825 | 4,871 | 75,118 | 5,278 | 4,945 | 3,974 | 3,670 | 3,645 | 3,447 | 3,197 | 3,057 | 2,491 | 3,598 | 6,244 | 4,117 | 2,196 | 1,558 | |
9901 |
67,663 | 51,229 | 147,206 | 132,247 | 91,999 | 24,489 | 94,606 | 46,841 | 52,076 | 37,931 | 38,262 | 29,967 | 7,404 | -8,394 | -9,275 | 36,338 | 16,463 | 39,495 | 22,648 | 75,069 | |
75/76B |
67 | 23,692 | 1,642 | 644 | 6 | 3 | - | - | - | - | 101 | 350 | 906 | 289 | 562 | 11 | 1,226 | 1,648 | 3,643 | 5,612 | |
75 |
67 | 4 | 1,642 | 644 | 6 | 3 | - | - | - | - | 101 | 350 | 906 | 289 | 562 | 11 | 1,226 | 1,648 | 3,643 | 5,612 | |
76B |
0 | 23,689 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1,806 | 652 | 3,179 | 4,309 | 4,367 | 3,799 | 4,502 | 5,499 | 5,040 | 3,256 | 3,916 | 5,099 | 6,472 | 4,018 | 4,762 | 6,907 | 10,360 | 40,263 | 26,380 | 12,400 | |
65 |
1,806 | 652 | 3,179 | 4,309 | 4,367 | 3,799 | 4,502 | 5,499 | 5,040 | 3,256 | 3,916 | 5,099 | 6,472 | 4,018 | 4,762 | 6,907 | 10,360 | 40,263 | 26,380 | 12,400 | |
9903 |
65,924 | 74,269 | 145,669 | 128,582 | 87,638 | 20,692 | 90,104 | 41,342 | 47,036 | 34,674 | 34,447 | 26,113 | 1,838 | -12,122 | 32,372 | 58,803 | 8,384 | 5,921 | -89 | 68,280 | |
67/77 |
25,228 | 12,401 | 36,877 | 34,194 | 23,976 | 2,761 | 19,316 | 9,899 | 15,494 | 10,665 | 10,511 | 7,848 | 515 | 50 | 3,992 | 19,406 | 7,276 | 10,467 | 3,062 | 17,809 | |
9904 |
40,696 | 61,868 | 108,791 | 94,387 | 63,662 | 17,932 | 70,788 | 31,443 | 31,542 | 24,010 | 23,936 | 18,264 | 1,322 | -12,173 | 28,381 | 39,397 | 1,107 | -4,546 | -3,151 | 50,472 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,750 | |
9905 |
40,696 | 61,868 | 108,791 | 94,387 | 63,662 | 17,932 | 70,788 | 31,443 | 31,542 | 24,010 | 23,936 | 18,264 | 1,322 | -12,173 | 28,381 | 39,397 | 1,107 | -4,546 | -3,151 | 31,722 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
40,696 | 61,868 | 108,791 | 94,387 | 63,662 | 17,932 | 70,788 | 31,443 | 31,542 | 24,010 | 23,936 | 53,402 | 35,137 | 33,815 | 45,988 | 37,607 | -1,790 | -2,897 | 1,649 | 44,800 | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,000 | - | |
691/2 |
40,696 | 61,868 | 108,791 | 94,387 | 63,662 | 17,932 | 70,788 | 31,443 | 31,542 | 24,010 | 23,936 | 53,402 | - | - | - | 20,000 | - | - | - | 40,000 | |
6921 |
40,696 | 61,868 | 108,791 | 94,387 | 63,662 | 17,932 | 70,788 | 31,443 | 31,542 | 24,010 | 23,936 | 53,402 | - | - | - | 20,000 | - | - | - | 40,000 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,000 | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,000 | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 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 2026 at the NBB, filed on 09-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 09-10-2026 | 2026-00552259 | |
| 31-03-2025 | micro format | 24-10-2025 | 2025-00548622 | |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00523900 | |
| 31-03-2023 | micro format | 27-10-2023 | 2023-00493802 | |
| 31-03-2022 | micro format | 28-10-2022 | 2022-20475307 | |
| 31-03-2021 | micro format | 30-09-2021 | 2021-70100214 | |
| 31-03-2020 | micro format | 13-11-2020 | 2020-70500231 | |
| 31-03-2019 | micro format | 10-10-2019 | 2019-69600455 | |
| 31-03-2018 | micro format | 30-10-2018 | 2018-70900470 | |
| 31-03-2017 | micro format | 31-10-2017 | 2017-68700083 | |
| 31-03-2016 | abbreviated format | 20-09-2016 | 2016-60700134 | |
| 31-03-2015 | abbreviated format | 24-09-2015 | 2015-59900400 | |
| 31-03-2014 | abbreviated format | 15-09-2014 | 2014-59100513 | |
| 31-03-2013 | abbreviated format | 29-10-2013 | 2013-64700062 | |
| 31-03-2012 | abbreviated format | 29-10-2012 | 2012-62400327 | |
| 31-03-2011 | abbreviated format | 22-11-2011 | 2011-61600212 | |
| 31-03-2010 | abbreviated format | 12-10-2010 | 2010-57600267 | |
| 31-03-2009 | abbreviated format | 12-10-2009 | 2009-80900186 | |
| 31-03-2008 | abbreviated format | 27-10-2008 | 2008-79600093 | |
| 31-03-2007 | abbreviated format | 18-09-2007 | 2007-72700094 | |
| 31-03-2006 | abbreviated format | 09-10-2006 | 2006-83501753 | |
| 31-03-2005 | abbreviated format | 25-11-2005 | 2005-86804896 | |
| 31-03-2004 | abbreviated format | 07-10-2004 | 2004-72001574 | |
| 31-03-2003 | abbreviated format | 06-11-2003 | 2003-78403984 |
Subsidies and aid
Flemish government 2022 to 2023, 2 entries, €6,387 awarded, €6,387 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €4,947 | €4,947 |
| 2022 | 1 | €1,440 | €1,440 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 92,862 | 76,528 | 166,751 | 149,148 | 106,951 | 42,357 | 124,941 | 76,548 | 74,760 | 54,383 | 54,064 | 56,323 | 45,489 | 68,230 | 36,815 | 80,106 | 50,821 | 69,284 | 49,927 | 99,366 | ||
| 65,896 | 87,167 | 128,337 | 111,288 | 78,614 | 35,799 | 101,123 | 61,150 | 54,226 | 40,462 | 39,737 | 44,621 | 39,407 | 64,451 | 74,470 | 83,165 | 35,466 | 25,243 | 24,128 | 74,769 | ||
| 8,814 | 15,795 | 12,428 | 8,750 | 0 | 3,111 | 7,019 | 4,137 | 367,684 | 13,795 | 1,628 | 1,780 | 33,888 | 361,537 | 39,985 | 40,308 | 22,176 | 26,242 | 66,020 | 5,719 | ||
| 16,029 | 85,767 | -1,487 | -183,934 | 280,995 | 207,839 | -661 | 3,464 | 3,544 | -7,816 | -19,836 | -10,275 | 40,705 | -92,509 | 75,148 | 2,593 | -24,595 | -74,756 | -75,144 | - | ||
| 502,709 | 445,415 | 377,160 | 294,083 | 236,248 | 202,696 | -123,438 | -171,440 | -155,596 | -74,687 | -67,068 | -66,750 | -58,648 | -50,714 | 15,263 | 13,267 | -34,436 | -1,079 | 64,920 | 128,479 | ||
| 96.4% | 97.3% | 92.5% | 85.1% | 59.6% | 73.5% | 61.6% | 50.9% | 46.2% | 72.6% | 66.3% | 58.3% | 48.9% | 50.2% | 71.0% | 58.4% | 55.7% | 42.8% | 40.7% | 52.3% | ||
| 15.89 | 19.72 | 7.10 | 4.48 | 1.73 | 4.08 | 0.15 | 0.17 | 0.16 | 0.10 | 0.22 | 0.36 | 0.59 | 0.55 | 1.14 | 1.09 | 0.64 | 0.99 | 1.41 | 2.38 | ||
| 15.89 | 19.72 | 7.10 | 4.48 | 1.73 | 4.08 | 0.15 | 0.17 | 0.16 | 0.10 | 0.22 | 0.36 | 0.59 | 0.55 | 1.14 | 1.09 | 0.53 | 0.60 | 1.05 | 2.38 | ||
| 0.04 | 0.03 | 0.08 | 0.17 | 0.68 | 0.36 | 0.62 | 0.96 | 1.16 | 0.38 | 0.51 | 0.71 | 1.04 | 0.99 | 0.41 | 0.71 | 0.79 | 1.34 | 1.46 | 0.91 | ||
| 4.5% | 7.2% | 13.6% | 13.7% | 10.7% | 3.4% | 13.8% | 7.1% | 7.7% | 6.3% | 6.7% | 5.5% | 0.4% | -3.9% | 8.8% | 13.3% | 0.4% | -1.8% | -1.2% | 16.2% | ||
| 4.4% | 7.0% | 12.6% | 11.7% | 6.4% | 2.5% | 8.5% | 3.6% | 3.6% | 4.6% | 4.5% | 3.2% | 0.2% | -2.0% | 6.2% | 7.8% | 0.2% | -0.8% | -0.5% | 8.5% | ||
| 51.43 | over 100 | 52.45 | 34.61 | 24.49 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,064 | €15,795 | €12,428 | €8,750 | €0 |
| Intangible fixed assets | €4,750 | - | - | - | - |
| €25,200 | €25,299 | €19,545 | €16,901 | €14,952 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on F.V.
The operating result for 2026 is 32% higher than in 2025. It is a recovery after the fall in 2025.
Debt's share of the balance-sheet total rises from 2.7% to 3.6%. Equity and debt are higher.