FEATURES ANALYTICS
Annual accounts 2025
full format, filed on 23-07-2026, 8 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €180,000 and €560,000.
Balance sheet
balance sheet total €2.2m on 31-12-2025in €m
in euro
Position in the sector
-127.6%
Higher than 8% of 1,691 companies in 2025.
1.15
Higher than 34% of 1,658 companies in 2025.
-36.1%
Higher than 10% of 1,673 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff
€133,073
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, nobody joined and 1 person left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
2.2m | 2.7m | 2.2m | 1.9m | 1.7m | 1.6m | 1.6m | 1.7m | 1.8m | 1.5m | 1.2m | |
21/28 |
1.6m | 1.9m | 2.0m | 1.7m | 1.5m | 1.5m | 1.6m | 1.7m | 1.6m | 1.4m | 1.2m | |
21 |
1.6m | 1.9m | 2.0m | 1.7m | 1.5m | 1.4m | 1.5m | 1.6m | 1.6m | 1.3m | 1.1m | |
22/27 |
7,223 | 8,214 | 9,400 | 9,339 | 6,728 | 14,317 | 19,592 | 11,162 | 19,322 | 12,896 | 11,570 | |
23 |
6,826 | 7,419 | 8,208 | 7,749 | 4,739 | 6,968 | 6,842 | 4,335 | 8,493 | 9,540 | 7,318 | |
24 |
- | - | - | - | 1 | 4,964 | 9,968 | 3,647 | 7,251 | 3,355 | 4,252 | |
26 |
398 | 795 | 1,193 | 1,590 | 1,988 | 2,385 | 2,783 | 3,180 | 3,578 | - | - | |
28 |
3,200 | 3,200 | 3,200 | 3,200 | 3,200 | 3,150 | 3,150 | 3,150 | 3,150 | 3,150 | 3,150 | |
29/58 |
557,818 | 811,159 | 194,584 | 242,059 | 145,124 | 141,140 | 78,763 | 59,795 | 202,536 | 131,525 | 50,417 | |
40/41 |
547,989 | 755,968 | 163,841 | 224,649 | 104,511 | 109,367 | 7,762 | 13,074 | 172,701 | 104,668 | 12,978 | |
40 |
533,322 | 738,705 | 151,969 | 214,526 | 95,752 | 95,752 | 0 | 0 | 155,839 | 90,257 | - | |
41 |
14,667 | 17,264 | 11,873 | 10,122 | 8,760 | 13,615 | 7,762 | 13,074 | 16,862 | 14,411 | 12,978 | |
54/58 |
8,204 | 49,684 | 27,402 | 16,595 | 11,531 | 27,554 | 70,009 | 46,722 | 24,098 | 26,525 | 28,610 | |
490/1 |
1,625 | 5,507 | 3,341 | 816 | 29,081 | 4,219 | 991 | - | 5,737 | 332 | 8,829 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
2.2m | 2.7m | 2.2m | 1.9m | 1.7m | 1.6m | 1.6m | 1.7m | 1.8m | 1.5m | 1.2m | |
10/15 |
-2.8m | -2.0m | -1.0m | -353,035 | 237,008 | 878,525 | 941,691 | 609,585 | 262,145 | 332,189 | 255,492 | |
10/11 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.8m | 1.1m | 413,757 | 505,494 | 500,007 | |
10 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | - | - | - | - | - | - | |
100 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.8m | 1.1m | 413,757 | 505,494 | 500,007 | |
14 |
-4.3m | -3.5m | -2.5m | -1.9m | -1.3m | -631,132 | -838,486 | -522,650 | -178,253 | -191,736 | -244,515 | |
15 |
- | - | - | - | - | - | 17,424 | 22,032 | 26,640 | 18,432 | - | |
17/49 |
5.0m | 4.7m | 3.2m | 2.3m | 1.4m | 728,351 | 703,752 | 1.1m | 1.5m | 1.2m | 955,242 | |
17 |
4.5m | 3.9m | 2.6m | 1.6m | 523,337 | 536,538 | 389,659 | 209,428 | 323,316 | 473,145 | 341,347 | |
170/4 |
4.5m | 3.9m | 2.6m | 1.6m | 523,337 | 536,538 | 389,659 | 209,428 | 323,316 | 473,145 | 341,347 | |
42/48 |
485,470 | 796,555 | 587,577 | 644,549 | 905,840 | 115,726 | 313,006 | 817,037 | 1.1m | 688,915 | 613,895 | |
43 |
- | - | 400,000 | 400,711 | 275,000 | - | - | - | 2,670 | 3,921 | 1,287 | |
430/8 |
- | - | 400,000 | 400,711 | 275,000 | - | - | - | 2,670 | 3,921 | 1,287 | |
44 |
470,664 | 765,321 | 137,532 | 181,423 | 131,852 | 56,241 | 80,659 | 84,829 | 48,498 | 57,859 | 68,562 | |
440/4 |
470,664 | 765,321 | 137,532 | 181,423 | 131,852 | 56,241 | 80,659 | 84,829 | 48,498 | 57,859 | 68,562 | |
45 |
14,806 | 31,235 | 50,044 | 62,415 | 79,050 | 34,547 | 106,925 | 116,002 | 74,463 | 48,184 | 51,055 | |
450/3 |
0 | - | - | 82 | 2,965 | - | 47,628 | 35,684 | 21,642 | - | 2,014 | |
454/9 |
14,806 | 31,235 | 50,044 | 62,333 | 76,085 | 34,547 | 59,297 | 80,318 | 52,821 | 48,184 | 49,041 | |
47/48 |
- | - | - | - | 419,938 | 24,938 | 125,421 | 616,206 | 1.0m | 578,952 | 492,991 | |
492/3 |
0 | 2,534 | 11,688 | 1,371 | 1,087 | 76,087 | 1,087 | 83,263 | 50,341 | - | - | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | 3,158 | - | - | - | - | - | |
9900 |
115,420 | 74,854 | 474,772 | 678,337 | 596,238 | 464,111 | 426,193 | 539,710 | 618,467 | 468,034 | 413,561 | |
62 |
186,302 | 383,719 | 527,548 | 542,210 | 537,944 | 351,519 | 426,001 | 385,259 | 351,373 | 223,418 | 405,567 | |
630 |
725,564 | 744,339 | 729,072 | 698,037 | 772,286 | 736,496 | 887,191 | 732,034 | 573,352 | 414,075 | 296,984 | |
640/8 |
5,482 | 3,457 | 1,860 | 2,476 | 1,317 | 1,859 | 10,944 | 6,835 | 3,598 | 1,752 | 1,243 | |
66A |
- | - | - | - | - | - | 23,601 | - | - | - | - | |
9901 |
-801,928 | -1.1m | -783,709 | -564,386 | -715,309 | -625,763 | -921,544 | -584,418 | -309,856 | -171,211 | -290,233 | |
75/76B |
14,759 | 101,163 | 154,769 | 365 | 87,362 | 17,485 | 94,617 | 113,180 | 182,868 | 14,908 | 67,406 | |
75 |
14,759 | 101,163 | 154,769 | 365 | 87,362 | 17,485 | 94,617 | 113,180 | 182,868 | 14,908 | 67,406 | |
65/66B |
4,677 | 29,305 | 39,345 | 26,022 | 13,571 | 3,482 | 8,799 | 51,412 | 51,264 | 35,433 | 21,688 | |
65 |
4,677 | 29,305 | 39,345 | 26,022 | 13,571 | 3,482 | 8,799 | 51,412 | 51,264 | 35,433 | 21,688 | |
9903 |
-791,846 | -984,802 | -668,284 | -590,042 | -641,518 | -611,760 | -835,726 | -522,650 | -178,253 | -191,736 | -244,515 | |
67/77 |
598 | 2,474 | - | - | - | 19,372 | 2,760 | - | - | - | - | |
9904 |
-792,444 | -987,276 | -668,284 | -590,042 | -641,518 | -631,132 | -838,486 | -522,650 | -178,253 | -191,736 | -244,515 | |
9905 |
-792,444 | -987,276 | -668,284 | -590,042 | -641,518 | -631,132 | -838,486 | -522,650 | -178,253 | -191,736 | -244,515 | |
| Appropriation of the result | ||||||||||||
9906 |
-4.3m | -3.5m | -2.5m | -1.9m | -1.3m | -1.5m | -1.4m | -700,902 | -369,989 | -436,252 | -244,515 | |
14P |
-3.5m | -2.5m | -1.9m | -1.3m | -631,132 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 838,486 | 522,650 | 178,253 | 191,736 | 244,515 | - | |
| Social balance sheet | ||||||||||||
9087 |
1.4 | 3 | 4.3 | 5.6 | 6 | 5.3 | 6 | 5.5 | 4.8 | 3.1 | 3 | |
Hours worked1013 |
2,599 | 5,654 | 7,722 | 9,758 | 10,556 | 8,717 | 10,435 | 9,553 | 8,444 | 5,305 | 5,214 | |
| Document | ||||||||||||
The notes to these accounts have 23 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 23-07-2026.
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 | full format | 23-07-2026 | 2026-00330397 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00360470 | |
| 31-12-2023 | full format | 24-07-2024 | 2024-00278879 | |
| 31-12-2022 | full format | 26-07-2023 | 2023-00273389 | |
| 31-12-2021 | full format | 07-09-2022 | 2022-20421059 | |
| 31-12-2020 | full format | 16-08-2021 | 2021-48800423 | |
| 31-12-2019 | full format | 28-08-2020 | 2020-46400411 | |
| 31-12-2018 | full format | 26-07-2019 | 2019-39400394 | |
| 31-12-2017 | full format | 27-07-2018 | 2018-39600383 | |
| 31-12-2016 | micro format | 27-07-2017 | 2017-39700290 | |
| 31-12-2015 | full format | 29-07-2016 | 2016-38200489 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -76,364 | -312,321 | -54,636 | 133,651 | 56,977 | 110,733 | -34,353 | 147,616 | 263,496 | 242,864 | 6,751 | ||
| -66,880 | -242,937 | 60,788 | 107,995 | 130,768 | 105,364 | 48,705 | 209,384 | 395,100 | 222,338 | 52,469 | ||
| 452,666 | 639,950 | 1.1m | 859,098 | 828,698 | 635,551 | 794,353 | 809,345 | 792,835 | 660,609 | 1.5m | ||
| -41,480 | 22,282 | 10,807 | 5,064 | -16,023 | -42,455 | 23,288 | 22,624 | -2,427 | -2,085 | - | ||
| 72,347 | 14,604 | -392,992 | -402,490 | -760,716 | 25,414 | -234,243 | -757,242 | -946,405 | -557,390 | -563,478 | ||
| -127.6% | -73.6% | -46.1% | -18.3% | 14.2% | 54.7% | 57.2% | 35.5% | 14.7% | 22.2% | 21.1% | ||
| 1.15 | 1.02 | 0.33 | 0.38 | 0.16 | 1.22 | 0.25 | 0.07 | 0.18 | 0.19 | 0.08 | ||
| - | - | - | - | 6.03 | 0.83 | 0.75 | 1.82 | 5.81 | 3.50 | 3.74 | ||
| - | - | - | - | -270.7% | -71.8% | -89.0% | -85.7% | -68.0% | -57.7% | -95.7% | ||
| -36.1% | -36.2% | -30.1% | -30.6% | -38.5% | -39.3% | -51.0% | -30.4% | -10.0% | -12.8% | -20.2% | ||
| -16.33 | -10.66 | -1.39 | 5.14 | 4.20 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 5 | 5 | 6 |
| full-time | 1 | 2 | 4 | 4 | 5 |
| part-time | 0 | - | 1 | 1 | 1 |
| in full-time equivalents | 1 | 2 | 4.8 | 4.8 | 5.8 |
| 1.4 | 3 | 4.3 | 5.6 | 6 | |
| On a permanent contract | 1 | 2 | 5 | 5 | 6 |
| Joined | 0 | 0 | 1 | 0 | 2 |
| Left | 1 | 3 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | - | - | €206,250 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,816 | €3,405 | €4,086 | €5,846 | €1,459 |
| Intangible fixed assets | €440,850 | €636,545 | €1.1m | €853,252 | €827,189 |
| Financial fixed assets | €0 | - | - | - | €50 |
| €725,564 | €744,339 | €729,072 | €698,037 | €772,286 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FEATURES ANALYTICS
The operating result for 2025 is a loss of €801,928, smaller than the loss of €1.1m in 2024.
Equity is negative. Debt (€5.0m) exceeds the balance-sheet total (€2.2m).
- 2021 Equity -73% on 2020. Capital reduction of €838,486 (Official Gazette 04-01-2021).