Fidelmax
Annual accounts 2025
micro format, filed on 29-03-2026, 124 days before the deadline€150,647
▲ 25.7%
€144,063
▲ 29.9%
€113,609
▲ 25.2%
€128,814
▼ 13.0%
84.6%
▲ 28.6 percentage points
5.21
▲ 3.10
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €230,000 and €350,000.
Balance sheet
balance sheet total €202,423 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
84.6%
Higher than 83% of 16,409 companies in 2025.
5.21
Higher than 79% of 16,149 companies in 2025.
56.1%
Higher than 88% of 16,286 companies in 2025.
Fidelmax
Middle half of the sector
80% of the sector
Micro accounts in legal and accounting (NACE 69)
Net result: top quarter · 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
202,423 | 305,972 | 348,335 | 286,772 | 219,761 | 175,677 | 124,783 | 125,075 | 103,151 | 75,942 | |
21/28 |
42,980 | 23,731 | 9,392 | 12,965 | 17,707 | 23,605 | 32,643 | 41,717 | 32,910 | 43,046 | |
22/27 |
42,955 | 23,706 | 9,367 | 12,940 | 17,682 | 23,580 | 32,618 | 41,692 | 32,885 | 43,021 | |
22 |
11,200 | 11,200 | - | - | - | - | - | - | - | - | |
23 |
364 | 315 | 516 | 37 | 202 | 367 | - | - | - | - | |
24 |
2,567 | 3,584 | 2,787 | 4,374 | 6,084 | 10,975 | 18,548 | 25,714 | 32,885 | 43,021 | |
26 |
1,317 | 3,599 | 6,064 | 8,529 | 11,395 | 12,238 | 14,070 | 15,978 | - | - | |
27 |
27,507 | 5,008 | - | - | - | - | - | - | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
159,443 | 282,240 | 338,943 | 273,807 | 202,055 | 152,072 | 92,140 | 83,357 | 70,241 | 32,896 | |
29 |
3,500 | - | - | - | - | - | - | - | - | - | |
291 |
3,500 | - | - | - | - | - | - | - | - | - | |
40/41 |
27,470 | 27,710 | 27,580 | 15,745 | 21,221 | 16,304 | 30,116 | 15,244 | 22,033 | 11,072 | |
40 |
16,365 | 20,306 | 18,489 | 15,745 | 20,864 | 15,152 | 24,339 | 13,219 | 22,033 | 11,072 | |
41 |
11,105 | 7,404 | 9,091 | - | 356 | 1,153 | 5,777 | 2,025 | - | - | |
50/53 |
81,039 | 175,539 | 220,253 | 148,496 | 43,930 | 41,807 | - | - | - | - | |
54/58 |
43,563 | 75,163 | 85,680 | 107,419 | 131,281 | 88,727 | 56,296 | 62,020 | 48,208 | 20,809 | |
490/1 |
3,870 | 3,828 | 5,431 | 2,148 | 5,623 | 5,233 | 5,729 | 6,093 | - | 1,016 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
202,423 | 305,972 | 348,335 | 286,772 | 219,761 | 175,677 | 124,783 | 125,075 | 103,151 | 75,942 | |
10/15 |
171,188 | 171,188 | 204,499 | 266,590 | 209,360 | 161,658 | 123,344 | 90,033 | 73,743 | 48,467 | |
10/11 |
19,000 | 19,000 | 19,000 | 39,000 | 39,000 | 39,000 | 39,000 | 39,000 | 39,000 | 39,000 | |
100 |
- | - | - | - | - | - | 39,000 | 39,000 | 39,000 | 39,000 | |
13 |
152,188 | 152,188 | 185,499 | 227,590 | 170,360 | 122,658 | 84,344 | 51,033 | 34,743 | 9,467 | |
130/1 |
- | - | - | 3,900 | 3,900 | 3,900 | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,900 | 2,689 | 1,789 | 525 | |
1311 |
- | - | - | 3,900 | 3,900 | 3,900 | - | - | - | - | |
133 |
152,188 | 152,188 | 185,499 | 223,690 | 166,460 | 118,758 | 80,444 | 48,344 | 32,954 | 8,942 | |
17/49 |
31,235 | 134,783 | 143,836 | 20,182 | 10,401 | 14,019 | 1,440 | 35,042 | 29,408 | 27,475 | |
42/48 |
30,629 | 134,221 | 143,229 | 19,470 | 9,871 | 13,708 | 1,013 | 34,755 | 29,408 | 27,247 | |
44 |
168 | 1,996 | 100 | 587 | 51 | 13 | 110 | 3,239 | - | 53 | |
440/4 |
168 | 1,996 | 100 | 587 | 51 | 13 | 110 | 3,239 | - | 53 | |
45 |
10,670 | 7,637 | 8,706 | 7,090 | 7,252 | 9,901 | 495 | 3,614 | 9,289 | 6,926 | |
450/3 |
10,670 | 7,637 | 8,706 | 7,090 | 7,252 | 9,901 | 495 | 3,614 | 9,289 | 6,926 | |
47/48 |
19,791 | 124,587 | 134,424 | 11,793 | 2,568 | 3,794 | 408 | 27,902 | 20,119 | 20,268 | |
492/3 |
605 | 563 | 607 | 712 | 530 | 312 | 427 | 287 | - | 228 | |
| Income statement | |||||||||||
9900 |
150,647 | 119,823 | 116,886 | 101,125 | 77,362 | 72,888 | 65,203 | 39,487 | 51,904 | 22,732 | |
630 |
5,189 | 7,780 | 4,174 | 4,697 | 7,970 | 14,983 | 15,915 | 15,182 | 10,136 | 6,923 | |
640/8 |
1,394 | 1,104 | 1,114 | 1,003 | 994 | 983 | 1,143 | 714 | 885 | 650 | |
66A |
- | - | - | 45 | - | - | - | - | - | - | |
9901 |
144,063 | 110,939 | 111,598 | 95,380 | 68,399 | 56,922 | 48,145 | 23,591 | 40,883 | 15,159 | |
75/76B |
2,643 | 5,309 | 4,260 | 412 | 168 | 62 | - | - | - | - | |
75 |
2,643 | 5,309 | 4,260 | 412 | 168 | 62 | - | - | - | - | |
65/66B |
143 | 196 | -459 | 749 | 151 | 303 | 1,085 | 1,176 | 1,039 | 799 | |
65 |
143 | 196 | -459 | 749 | 151 | 303 | 1,085 | 1,176 | 1,039 | 799 | |
9903 |
146,564 | 116,052 | 116,316 | 95,043 | 68,416 | 56,681 | 47,059 | 22,415 | 39,844 | 14,360 | |
67/77 |
32,955 | 25,320 | 25,028 | 26,621 | 19,214 | 15,866 | 13,748 | 6,125 | 14,569 | 4,893 | |
9904 |
113,609 | 90,732 | 91,289 | 68,422 | 49,202 | 40,814 | 33,311 | 16,290 | 25,275 | 9,467 | |
9905 |
113,609 | 90,732 | 91,289 | 68,422 | 49,202 | 40,814 | 33,311 | 16,290 | 25,275 | 9,467 | |
| Appropriation of the result | |||||||||||
9906 |
113,609 | 90,732 | 91,289 | 68,422 | 49,202 | 40,814 | 33,311 | 16,290 | 25,275 | 9,467 | |
791/2 |
- | 33,311 | 42,090 | 8,942 | - | - | - | - | - | - | |
691/2 |
- | - | - | 66,172 | 47,702 | 38,314 | 33,311 | 16,290 | 25,275 | 9,467 | |
6920 |
- | - | - | - | - | - | 1,211 | 900 | 1,264 | 525 | |
6921 |
- | - | - | 66,172 | 47,702 | 38,314 | 32,100 | 15,390 | 24,012 | 8,942 | |
694/7 |
113,609 | 124,043 | 133,379 | 11,192 | 1,500 | 2,500 | - | - | - | - | |
694 |
113,609 | 124,043 | 133,379 | 11,192 | 1,500 | 2,500 | - | - | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-03-2026.
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 | 29-03-2026 | 2026-00069041 | |
| 31-12-2024 | micro format | 15-05-2025 | 2025-00094924 | |
| 31-12-2023 | micro format | 08-06-2024 | 2024-00116787 | |
| 31-12-2022 | micro format | 14-05-2023 | 2023-00086610 | |
| 31-12-2021 | micro format | 14-05-2022 | 2022-20027586 | |
| 31-12-2020 | micro format | 19-05-2021 | 2021-14600186 | |
| 31-12-2019 | micro format | 09-05-2020 | 2020-11900097 | |
| 31-12-2018 | micro format | 01-06-2019 | 2019-15600439 | |
| 31-12-2017 | micro format | 02-06-2018 | 2018-16100334 | |
| 31-12-2016 | micro format | 27-05-2017 | 2017-13500482 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 149,253 | 118,719 | 115,772 | 100,077 | 76,368 | 71,905 | 64,060 | 38,772 | 51,019 | 22,082 | ||
| 118,798 | 98,512 | 95,463 | 73,119 | 57,172 | 55,798 | 49,226 | 31,472 | 35,411 | 16,391 | ||
| 24,438 | 22,119 | 602 | -45 | 2,071 | 5,945 | 6,841 | 23,989 | 0 | 49,969 | ||
| -31,600 | -10,517 | -21,738 | -23,862 | 42,554 | 32,432 | -5,724 | 13,812 | 27,399 | - | ||
| 128,814 | 148,020 | 195,714 | 254,337 | 192,183 | 138,365 | 91,128 | 48,603 | 40,833 | 5,649 | ||
| 84.6% | 55.9% | 58.7% | 93.0% | 95.3% | 92.0% | 98.8% | 72.0% | 71.5% | 63.8% | ||
| 5.21 | 2.10 | 2.37 | 14.06 | 20.47 | 11.09 | 90.97 | 2.40 | 2.39 | 1.21 | ||
| 0.18 | 0.79 | 0.70 | 0.08 | 0.05 | 0.09 | 0.01 | 0.39 | 0.40 | 0.57 | ||
| 66.4% | 53.0% | 44.6% | 25.7% | 23.5% | 25.2% | 27.0% | 18.1% | 34.3% | 19.5% | ||
| 56.1% | 29.7% | 26.2% | 23.9% | 22.4% | 23.2% | 26.7% | 13.0% | 24.5% | 12.5% | ||
| over 100 | over 100 | -252.19 | 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 | €24,438 | €22,119 | €602 | - | €2,071 |
| €5,189 | €7,780 | €4,174 | €4,697 | €7,970 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Fidelmax
The operating result for 2025 is 30% higher than in 2024 and the highest since 2016. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 44.1% to 15.4%. Debt is lower.