FACING
Annual accounts 2025
micro format, filed on 30-06-2026, 31 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 ≈ €640,000. Estimated: probably between €530,000 and €1.1m.
Balance sheet
balance sheet total €658,499 on 31-12-2025in euro
in euro
Position in the sector
78.9%
Higher than 76% of 39,364 companies in 2025.
4.23
Higher than 74% of 38,048 companies in 2025.
55.2%
Higher than 89% of 38,520 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
658,499 | 684,009 | 589,625 | 343,070 | 143,856 | |
21/28 |
70,513 | 102,635 | 18,184 | 20,388 | 8,350 | |
22/27 |
70,513 | 102,635 | 18,184 | 20,388 | 8,350 | |
23 |
6,631 | 10,293 | 9,358 | 12,184 | - | |
24 |
63,882 | 92,342 | 8,827 | 8,205 | 8,350 | |
29/58 |
587,986 | 581,374 | 571,441 | 322,681 | 135,506 | |
40/41 |
13,873 | 4,349 | 5 | 838 | 1,098 | |
40 |
0 | 976 | 0 | 833 | 1,093 | |
41 |
13,873 | 3,373 | 5 | 5 | 5 | |
50/53 |
415,774 | 442,749 | 171,855 | 97,963 | - | |
54/58 |
157,070 | 134,275 | 398,409 | 219,877 | 134,260 | |
490/1 |
1,269 | 0 | 1,172 | 4,003 | 148 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
658,499 | 684,009 | 589,625 | 343,070 | 143,856 | |
10/15 |
519,426 | 647,772 | 549,362 | 309,587 | 129,801 | |
10/11 |
6,000 | 6,000 | 6,000 | 6,000 | 6,000 | |
13 |
513,426 | 641,772 | 543,362 | 303,587 | 123,801 | |
133 |
513,426 | 641,772 | 543,362 | 303,587 | 123,801 | |
14 |
0 | 0 | - | - | - | |
17/49 |
139,073 | 36,236 | 40,263 | 33,483 | 14,055 | |
42/48 |
139,073 | 36,236 | 40,263 | 30,933 | 14,055 | |
44 |
4,944 | 2,785 | 2,693 | 2,460 | 1,855 | |
440/4 |
4,944 | 2,785 | 2,693 | 2,460 | 1,855 | |
45 |
36,649 | 32,989 | 36,625 | 28,473 | 12,199 | |
450/3 |
36,649 | 32,989 | 36,625 | 28,473 | 9,822 | |
454/9 |
- | - | - | 0 | 2,377 | |
47/48 |
97,480 | 462 | 946 | - | - | |
492/3 |
- | - | 0 | 2,550 | - | |
| Income statement | ||||||
9900 |
447,939 | 441,816 | 367,086 | 275,761 | 189,328 | |
62 |
- | 0 | 25 | - | - | |
630 |
33,981 | 24,708 | 6,320 | 4,289 | 1,914 | |
640/8 |
657 | 14,018 | 13,493 | 8,484 | 9,955 | |
9901 |
413,302 | 403,090 | 347,248 | 262,988 | 177,459 | |
75/76B |
59,475 | 5,379 | 3,854 | 0 | 0 | |
75 |
59,475 | 5,379 | 3,854 | 0 | 0 | |
65/66B |
1,025 | 2,114 | 1,473 | 952 | 134 | |
65 |
1,025 | 2,114 | 1,473 | 952 | 134 | |
9903 |
471,752 | 406,354 | 349,629 | 262,036 | 177,324 | |
67/77 |
108,198 | 107,944 | 109,854 | 82,250 | 53,523 | |
9904 |
363,554 | 298,410 | 239,775 | 179,785 | 123,801 | |
9905 |
363,554 | 298,410 | 239,775 | 179,785 | 123,801 | |
| Appropriation of the result | ||||||
9906 |
363,554 | 298,410 | 239,775 | 179,785 | 123,801 | |
791/2 |
123,801 | - | - | - | - | |
691/2 |
0 | 98,410 | 239,775 | 179,785 | 123,801 | |
6921 |
0 | 98,410 | 239,775 | 179,785 | 123,801 | |
694/7 |
487,355 | 200,000 | - | - | - | |
694 |
487,355 | 200,000 | - | - | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
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 | 30-06-2026 | 2026-00220768 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00253339 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00198605 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00153063 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20085711 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 447,282 | 427,797 | 353,568 | 267,277 | 179,373 | ||
| 397,534 | 323,118 | 246,095 | 184,074 | 125,716 | ||
| 1,859 | 109,159 | 4,116 | 16,328 | 10,264 | ||
| 22,795 | -264,134 | 178,532 | 85,617 | - | ||
| 448,913 | 545,137 | 531,178 | 291,748 | 121,452 | ||
| 78.9% | 94.7% | 93.2% | 90.2% | 90.2% | ||
| 4.23 | 16.04 | 14.19 | 10.43 | 9.64 | ||
| 0.27 | 0.06 | 0.07 | 0.11 | 0.11 | ||
| 70.0% | 46.1% | 43.6% | 58.1% | 95.4% | ||
| 55.2% | 43.6% | 40.7% | 52.4% | 86.1% | ||
| over 100 | over 100 | over 100 | over 100 | 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 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,859 | €109,159 | €4,116 | €16,328 | €10,264 |
| €33,981 | €24,708 | €6,320 | €4,289 | €1,914 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FACING
The operating result for 2025 is 3% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Debt's share of the balance-sheet total rises from 5.3% to 21.1%. Equity is lower and debt is higher.