FBCS
InactiveFinancials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045778.
Annual accounts 2025 filed on 26-02-2026 PDF all 6 filings
Turnover
≈ €80,000
Estimated: probably between €37,000 and €190,000
Total assets
€49,838▲ 4.3%
2024 · €47,782
Net result
€6,766▲ 5.0%
2024 · €6,443
Working capital
€36,837▲ 24.5%
2024 · €29,600
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€9,539
▼ 11.0%
2025
20202025
Net result
€6,766
▲ 5.0%
2025
20202025
Equity
€36,837
▲ 22.5%
2025
20202025
Total assets
€49,838
▲ 4.3%
2025
20202025
Debt
€13,001
▼ 26.6%
2025
20202025
Working capital
€36,837
▲ 24.5%
2025
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€23,563-€10,956▼ 53.5%€485▼ 95.6%-€1,233€10,719€9,539▼ 11.0%
Net result€14,881-€7,197▼ 51.6%-€96-€1,354▼ 1,314%€6,443€6,766▲ 5.0%
Equity€17,881-€25,078▲ 40.3%€24,982▼ 0.4%€23,628▼ 5.4%€30,071▲ 27.3%€36,837▲ 22.5%
Total assets€32,567-€36,039▲ 10.7%€35,347▼ 1.9%€33,380▼ 5.6%€47,782▲ 43.1%€49,838▲ 4.3%
Debt€14,686-€10,961▼ 25.4%€10,365▼ 5.4%€9,752▼ 5.9%€17,711▲ 81.6%€13,001▼ 26.6%
Working capital€17,881-€25,078▲ 40.3%€23,485▼ 6.4%€22,644▼ 3.6%€29,600▲ 30.7%€36,837▲ 24.5%
The operating result for 2025 is 11% lower than 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
Equity and liabilities €49,838
Equity
€36,837 ▲ 22.5%
Debt
€13,001 ▼ 26.6%
Debt's share of the balance-sheet total falls from 37.1% to 26.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,010▼
2024 · €11,232
Cash flow
€7,237▲
2024 · €6,956
Current ratio
3.83▲
2024 · 2.67
Debt to equity
0.35▼
2024 · 0.59
ROE
18.4%▼
2024 · 21.4%
ROA
13.6%▲
2024 · 13.5%
Interest coverage
80.67▼
2024 · 90.52
Debt ≤ 1 year
€13,001▼
2024 · €17,711
Income taxes
€2,649▼
2024 · €4,152
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 | €1,540 | - | - | - |
| Depreciation and write-downs of the year | €42 | €513 | €513 | €471 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,102 | - | €42 | €513 | €513 | €471 | ▼ 8.2% |
| Other operating charges640/8 | - | - | €111 | €474 | €499 | €513 | ▲ 2.8% |
| Gross operating margin9900 | €24,665 | €10,956 | €639 | -€246 | €11,731 | €10,524 | ▼ 10.3% |
| Operating profit (loss)9901 | €23,563 | €10,956 | €485 | -€1,233 | €10,719 | €9,539 | ▼ 11.0% |
| Financial income75/76B | - | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | - | €0 | - | - |
| Financial charges65/66B | - | - | €104 | €85 | €124 | €124 | = |
| Recurring financial charges65 | €23 | €40 | €104 | €85 | €124 | €124 | = |
| Profit (loss) for the period before taxes9903 | €23,540 | €10,915 | €382 | -€1,318 | €10,595 | €9,415 | ▼ 11.1% |
| Income taxes67/77 | €8,660 | €3,718 | €477 | €36 | €4,152 | €2,649 | ▼ 36.2% |
| Profit (loss) for the period9904 | €14,881 | €7,197 | -€96 | -€1,354 | €6,443 | €6,766 | ▲ 5.0% |
| Profit (loss) for the period to be appropriated9905 | €14,881 | €7,197 | -€96 | -€1,354 | €6,443 | €6,766 | ▲ 5.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €32,567 | €36,039 | €35,347 | €33,380 | €47,782 | €49,838 | ▲ 4.3% |
| Fixed assets21/28 | - | - | €1,497 | €984 | €471 | - | - |
| Tangible fixed assets22/27 | - | - | €1,497 | €984 | €471 | - | - |
| Furniture and vehicles24 | - | - | €1,497 | €984 | €471 | - | - |
| Current assets29/58 | €32,567 | €36,039 | €33,850 | €32,395 | €47,311 | €49,838 | ▲ 5.3% |
| Amounts receivable within one year40/41 | €4,500 | €5,165 | €4,863 | €3,906 | €8,439 | €5,511 | ▼ 34.7% |
| Trade receivables40 | - | - | €4,394 | €3,505 | €8,333 | €1,888 | ▼ 77.3% |
| Other amounts receivable41 | - | - | €469 | €402 | €106 | €3,623 | ▲ 34× |
| Cash at bank and in hand54/58 | €28,067 | €30,874 | €28,987 | €28,432 | €38,872 | €44,281 | ▲ 13.9% |
| Deferred charges and accrued income490/1 | - | - | - | €57 | - | €45 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €32,567 | €36,039 | €35,347 | €33,380 | €47,782 | €49,838 | ▲ 4.3% |
| Equity10/15 | €17,881 | €25,078 | €24,982 | €23,628 | €30,071 | €36,837 | ▲ 22.5% |
| Contributions10/11 | €3,000 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €14,881 | €22,078 | €22,078 | €22,078 | €27,071 | €33,837 | ▲ 25.0% |
| Distributable reserves133 | - | - | €22,078 | €22,078 | €27,071 | €33,837 | ▲ 25.0% |
| Profit (loss) carried forward14 | - | - | -€96 | -€1,450 | - | - | - |
| Amounts payable17/49 | €14,686 | €10,961 | €10,365 | €9,752 | €17,711 | €13,001 | ▼ 26.6% |
| Amounts payable within one year42/48 | €14,686 | €10,961 | €10,365 | €9,752 | €17,711 | €13,001 | ▼ 26.6% |
| Trade debts44 | €650 | €1,493 | €1,747 | €2,770 | €5,930 | €4,762 | ▼ 19.7% |
| Suppliers440/4 | - | - | €1,747 | €2,770 | €5,930 | €4,762 | ▼ 19.7% |
| Taxes, remuneration and social security45 | - | - | €449 | €132 | €5,366 | - | - |
| Taxes450/3 | - | - | €449 | €132 | €5,366 | - | - |
| Other amounts payable47/48 | - | - | €8,170 | €6,849 | €6,415 | €8,239 | ▲ 28.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,881 | €7,197 | -€96 | -€1,354 | €6,443 | €6,766 | ▲ 5.0% |
| + Depreciation and write-downs630 | €1,102 | - | €42 | €513 | €513 | €471 | ▼ 8.2% |
| Operating cash flow (approximation) | €15,982 | €7,197 | -€54 | -€841 | €6,956 | €7,237 | ▲ 4.0% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - | - |
| Change in cash | - | €2,807 | -€1,887 | -€555 | €10,440 | €5,409 | ▼ 48.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-02-2026 | 2026-00045778 | |
| 30-06-2024 | micro format | 14-02-2025 | 2025-00035439 | |
| 30-06-2023 | micro format | 29-02-2024 | 2024-00038840 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00018207 | |
| 30-06-2021 | micro format | 27-01-2022 | 2022-02400540 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03500066 |