FBD
Annual accounts 2025
micro format, filed on 12-02-2026, 169 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 ≈ €110,000. Estimated: probably between €67,000 and €150,000.
Balance sheet
balance sheet total €97,988 on 31-12-2025in euro
in euro
Position in the sector
87.1%
Higher than 86% of 39,368 companies in 2025.
6.84
Higher than 84% of 38,051 companies in 2025.
27.7%
Higher than 68% of 38,523 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · 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 |
97,988 | 72,442 | 44,993 | |
21/28 |
11,616 | 5,635 | 4,439 | |
22/27 |
11,616 | 5,635 | 4,439 | |
22 |
6,060 | 3,971 | 4,439 | |
24 |
1,484 | 1,665 | - | |
26 |
4,072 | - | - | |
29/58 |
86,372 | 66,806 | 40,554 | |
40/41 |
9,964 | 8,152 | 7,919 | |
40 |
9,964 | 8,152 | 7,919 | |
50/53 |
7,750 | 14,750 | - | |
54/58 |
68,429 | 41,877 | 32,635 | |
490/1 |
229 | 2,027 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
97,988 | 72,442 | 44,993 | |
10/15 |
85,360 | 58,234 | 31,248 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
80,360 | 53,234 | 26,248 | |
17/49 |
12,628 | 14,208 | 13,745 | |
42/48 |
12,628 | 14,208 | 13,745 | |
44 |
469 | 178 | 323 | |
440/4 |
469 | 178 | 323 | |
45 |
12,159 | 13,197 | 12,622 | |
450/3 |
12,159 | 13,197 | 12,622 | |
47/48 |
0 | 833 | 800 | |
| Income statement | ||||
9900 |
38,630 | 38,014 | 36,213 | |
630 |
1,413 | 611 | 248 | |
640/8 |
601 | 181 | - | |
9901 |
36,615 | 37,222 | 35,965 | |
75/76B |
290 | - | - | |
75 |
290 | - | - | |
65/66B |
2,070 | 925 | 825 | |
65 |
2,070 | 925 | 825 | |
9903 |
34,836 | 36,297 | 35,139 | |
67/77 |
7,709 | 8,478 | 8,091 | |
9904 |
27,126 | 27,818 | 27,048 | |
9905 |
27,126 | 27,818 | 27,048 | |
| Appropriation of the result | ||||
9906 |
80,360 | 54,067 | 27,048 | |
14P |
53,234 | 26,248 | - | |
694/7 |
0 | 833 | 800 | |
694 |
0 | 833 | 800 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-02-2026.
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 |
|---|---|---|---|---|
| 38,029 | 37,833 | 36,213 | ||
| 28,540 | 28,429 | 27,296 | ||
| 7,393 | 1,807 | 4,687 | ||
| 26,552 | 9,243 | - | ||
| 73,745 | 52,598 | 26,809 | ||
| 87.1% | 80.4% | 69.5% | ||
| 6.84 | 4.70 | 2.95 | ||
| 0.15 | 0.24 | 0.44 | ||
| 31.8% | 47.8% | 86.6% | ||
| 27.7% | 38.4% | 60.1% | ||
| 18.37 | 40.88 | 43.87 |
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 | €7,393 | €1,807 | €4,687 |
| €1,413 | €611 | €248 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on FBD
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 19.6% to 12.9%. Equity is higher and debt is lower.