F4M
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €54,256 on 31-12-2025in euro
in euro
Position in the sector
98.4%
Higher than 95% of 41,211 companies in 2025.
35.67
Higher than 95% of 39,782 companies in 2025.
-18.5%
Higher than 7% of 40,303 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · 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 |
54,256 | 79,689 | 126,647 | |
21/28 |
22,410 | 26,486 | 35,077 | |
22/27 |
22,410 | 26,486 | 35,077 | |
23 |
355 | 253 | 488 | |
24 |
22,056 | 26,234 | 34,589 | |
29/58 |
31,846 | 53,202 | 91,570 | |
40/41 |
8,199 | 524 | 10,895 | |
40 |
3,630 | - | 10,895 | |
41 |
4,569 | 524 | - | |
54/58 |
22,588 | 51,446 | 79,505 | |
490/1 |
1,059 | 1,233 | 1,170 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
54,256 | 79,689 | 126,647 | |
10/15 |
53,363 | 63,389 | 68,113 | |
10/11 |
2,000 | 2,000 | 2,000 | |
10 |
2,000 | 2,000 | 2,000 | |
100 |
2,000 | 2,000 | 2,000 | |
13 |
66,113 | 66,113 | 66,113 | |
130/1 |
200 | 200 | 200 | |
130 |
200 | 200 | 200 | |
133 |
65,913 | 65,913 | 65,913 | |
14 |
-14,750 | -4,724 | - | |
17/49 |
893 | 16,300 | 58,534 | |
17 |
- | - | 3,265 | |
170/4 |
- | - | 3,265 | |
42/48 |
893 | 16,300 | 55,269 | |
42 |
- | 1,667 | 19,148 | |
44 |
793 | 353 | 661 | |
440/4 |
793 | 353 | 661 | |
45 |
100 | 347 | 35,018 | |
450/3 |
100 | 347 | 35,018 | |
47/48 |
- | 13,933 | 443 | |
| Income statement | ||||
9900 |
-11,301 | 3,805 | 107,935 | |
630 |
4,571 | 8,591 | 7,406 | |
640/8 |
225 | 239 | 63 | |
9901 |
-16,098 | -5,024 | 100,466 | |
75/76B |
1,026 | 1,828 | - | |
75 |
1,026 | 1,828 | - | |
65/66B |
77 | 636 | 1,077 | |
65 |
77 | 636 | 1,077 | |
9903 |
-15,149 | -3,832 | 99,390 | |
67/77 |
-5,124 | 893 | 33,277 | |
9904 |
-10,026 | -4,724 | 66,113 | |
9905 |
-10,026 | -4,724 | 66,113 | |
| Appropriation of the result | ||||
9906 |
-14,750 | -4,724 | 66,113 | |
14P |
-4,724 | - | - | |
691/2 |
- | - | 66,113 | |
6920 |
- | - | 200 | |
6921 |
- | - | 65,913 | |
| Document | ||||
The notes to these accounts have 4 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 2025 at the NBB, filed on 27-07-2026.
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 |
|---|---|---|---|---|
| -11,527 | 3,566 | 107,872 | ||
| -5,455 | 3,866 | 73,519 | ||
| 495 | 0 | 42,483 | ||
| -28,858 | -28,060 | - | ||
| 30,953 | 36,903 | 36,301 | ||
| 98.4% | 79.5% | 53.8% | ||
| 35.67 | 3.26 | 1.66 | ||
| 0.02 | 0.26 | 0.86 | ||
| -18.8% | -7.5% | 97.1% | ||
| -18.5% | -5.9% | 52.2% | ||
| -148.83 | 5.61 | over 100 |
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 |
|---|---|---|---|
| Tangible fixed assets | €495 | - | €42,483 |
| €4,571 | €8,591 | €7,406 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on F4M
The operating result for 2025 is a loss of €16,098, larger than the loss of €5,024 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total falls from 20.5% to 1.6%. Equity and debt are lower.