FFECTIVE
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day 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 ≈ €200,000. Estimated: probably between €170,000 and €260,000.
Balance sheet
balance sheet total €125,146 on 31-12-2025in euro
in euro
Position in the sector
0.9%
Higher than 10% of 21,208 companies in 2025.
0.99
Higher than 17% of 20,571 companies in 2025.
53.8%
Higher than 87% of 20,746 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
125,146 | 75,396 | 205,060 | 150,559 | 99,223 | 56,590 | |
21/28 |
2,288 | 4,400 | 5,364 | 7,330 | 4,855 | 3,253 | |
22/27 |
1,988 | 4,100 | 5,064 | 7,030 | 4,555 | 2,953 | |
23 |
442 | 1,495 | 2,927 | 4,073 | 3,212 | 745 | |
24 |
1,547 | 2,605 | 2,137 | 2,957 | 1,342 | 2,209 | |
28 |
300 | 300 | 300 | 300 | 300 | 300 | |
29/58 |
122,858 | 70,997 | 199,696 | 143,229 | 94,368 | 53,337 | |
40/41 |
26,840 | 29,602 | 36,262 | 30,891 | 30,202 | 25,555 | |
40 |
26,299 | 29,070 | 30,649 | 30,891 | 30,202 | 25,555 | |
41 |
541 | 531 | 5,613 | - | - | - | |
54/58 |
94,518 | 40,297 | 162,557 | 111,472 | 63,215 | 26,890 | |
490/1 |
1,500 | 1,098 | 877 | 866 | 951 | 891 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
125,146 | 75,396 | 205,060 | 150,559 | 99,223 | 56,590 | |
10/15 |
1,070 | 62,123 | 188,218 | 135,388 | 82,460 | 38,615 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
0 | 60,000 | 185,000 | 130,000 | 80,000 | 35,000 | |
133 |
0 | 60,000 | 185,000 | 130,000 | 80,000 | 35,000 | |
14 |
70 | 1,123 | 2,218 | 4,388 | 1,460 | 2,615 | |
17/49 |
124,076 | 13,273 | 16,842 | 15,171 | 16,763 | 17,975 | |
42/48 |
124,076 | 13,273 | 16,842 | 15,171 | 16,763 | 17,975 | |
44 |
2,316 | 1,506 | 1,876 | 4,852 | 2,419 | 1,850 | |
440/4 |
2,316 | 1,506 | 1,876 | 4,852 | 2,419 | 1,850 | |
45 |
7,205 | 11,029 | 14,965 | 10,195 | 13,008 | 6,384 | |
450/3 |
7,205 | 8,529 | 12,465 | 10,195 | 10,508 | 3,884 | |
454/9 |
0 | 2,500 | 2,500 | - | 2,500 | 2,500 | |
47/48 |
114,556 | 737 | - | 124 | 1,336 | 9,742 | |
| Income statement | |||||||
9900 |
87,548 | 76,644 | 69,868 | 70,397 | 56,725 | 49,126 | |
630 |
2,111 | 2,502 | 2,505 | 2,425 | 1,341 | 701 | |
640/8 |
544 | 592 | 580 | 799 | 55 | 880 | |
9901 |
84,893 | 73,551 | 66,783 | 67,173 | 55,329 | 47,545 | |
75/76B |
0 | - | - | 0 | 4 | - | |
75 |
0 | - | - | 0 | 4 | - | |
65/66B |
55 | 55 | 323 | 257 | 349 | 388 | |
65 |
55 | 55 | 323 | 257 | 349 | 388 | |
9903 |
84,837 | 73,495 | 66,460 | 66,916 | 54,984 | 47,157 | |
67/77 |
17,491 | 14,590 | 13,630 | 13,988 | 11,139 | 9,543 | |
9904 |
67,347 | 58,905 | 52,831 | 52,928 | 43,845 | 37,615 | |
9905 |
67,347 | 58,905 | 52,831 | 52,928 | 43,845 | 37,615 | |
| Appropriation of the result | |||||||
9906 |
68,470 | 61,123 | 57,218 | 54,388 | 46,460 | 37,615 | |
14P |
1,123 | 2,218 | 4,388 | 1,460 | 2,615 | - | |
791/2 |
60,000 | 185,000 | - | - | - | - | |
691/2 |
0 | 60,000 | 55,000 | 50,000 | 45,000 | 35,000 | |
6921 |
0 | 60,000 | 55,000 | 50,000 | 45,000 | 35,000 | |
694/7 |
128,400 | 185,000 | - | - | - | - | |
694 |
128,400 | 185,000 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 7 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 30-07-2026.
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 | micro format | 30-07-2026 | 2026-00358615 | |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00385909 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00162271 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00171028 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20104218 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-26800509 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 87,004 | 76,052 | 69,288 | 69,598 | 56,670 | 48,246 | ||
| 69,458 | 61,407 | 55,335 | 55,352 | 45,186 | 38,316 | ||
| 0 | 1,537 | 538 | 4,900 | 2,943 | 3,955 | ||
| 54,221 | -122,260 | 51,085 | 48,257 | 36,325 | - | ||
| -1,219 | 57,724 | 182,854 | 128,057 | 77,605 | 35,361 | ||
| 0.9% | 82.4% | 91.8% | 89.9% | 83.1% | 68.2% | ||
| 0.99 | 5.35 | 11.86 | 9.44 | 5.63 | 2.97 | ||
| - | 0.21 | 0.09 | 0.11 | 0.20 | 0.47 | ||
| - | 94.8% | 28.1% | 39.1% | 53.2% | 97.4% | ||
| 53.8% | 78.1% | 25.8% | 35.2% | 44.2% | 66.5% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €125,146, equity €1,070).
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 | - | €1,537 | €538 | €4,900 | €2,943 |
| Financial fixed assets | €0 | - | - | - | - |
| €2,111 | €2,502 | €2,505 | €2,425 | €1,341 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FFECTIVE
The operating result for 2025 is 15% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 17.6% to 99.1%. Equity is lower and debt is higher.