FinDvp
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 2 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€72,992▼ 145%
2024 · -€29,799
Working capital
-€305,389▼ 105%
2024 · -€148,652
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€14,569
▲ 50.2%
2025
20242025
Net result
-€72,992
▼ 145%
2025
lowest quarter of the sector
20242025
Equity
-€101,791
▼ 253%
2025
lowest quarter of the sector
20242025
Total assets
€32.9m
▲ 212×
2025
highest quarter of the sector
20242025
Debt
€33.0m
▲ 179×
2025
20242025
Working capital
-€305,389
▼ 105%
2025
lowest quarter of the sector
20242025
Solvency
-0.3%
▲ 18.2pp
2025
lowest quarter of the sector
20242025
Current ratio
0.73
▲ 0.54
2025
middle half of the sector
20242025
Return on assets (ROA)
-0.2%
▲ 19.0pp
2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€0.03m--€0.01m▲ 50.2%
Net result-€0.03mbelow the sector's middle half--€0.07mbelow the sector's middle half▼ 145%
Equity-€0.03mbelow the sector's middle half--€0.1mbelow the sector's middle half▼ 253%
Total assets€0.2mbelow the sector's middle half-€32.9mabove the sector's middle half▲ 212×
Debt€0.2m-€33.0m▲ 179×
Working capital-€0.1mbelow the sector's middle half--€0.3mbelow the sector's middle half▼ 105%
Solvency-18.5%below the sector's middle half--0.3%below the sector's middle half▲ 18.2pp
Current ratio0.19below the sector's middle half-0.73within the sector's middle half▲ 0.54
Return on assets (ROA)-19.2%below the sector's middle half--0.2%below the sector's middle half▲ 19.0pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €14,569, smaller than the loss of €29,228 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.9m
Fixed assets
€32.1m ▲ 266×
Current assets
€836,034 ▲ 24×
Equity and liabilities
Equity-€101,791
Debt€33.0m
Equity is negative. Debt (€33.0m) exceeds the balance-sheet total (€32.9m).
Key figures and ratios
Debt ≤ 1 year
€1.1m▲
2024 · €183,653
Debt > 1 year
€31.4m
A ratio outside any meaningful range has been withheld (balance sheet total €32.9m, equity -€101,791).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €120,361 | €913,452 |
| Financial fixed assets | €2 | €31.8m |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €772 | €400 | ▼ 48.2% |
| Gross operating margin9900 | -€28,456 | -€14,169 | ▲ 50.2% |
| Operating profit (loss)9901 | -€29,228 | -€14,569 | ▲ 50.2% |
| Financial income75/76B | €3 | €452,588 | ▲ 177,485× |
| Recurring financial income75 | €3 | €452,588 | ▲ 177,485× |
| Financial charges65/66B | €574 | €511,011 | ▲ 891× |
| Recurring financial charges65 | €574 | €511,011 | ▲ 891× |
| Profit (loss) for the period before taxes9903 | -€29,799 | -€72,992 | ▼ 145% |
| Profit (loss) for the period9904 | -€29,799 | -€72,992 | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | -€29,799 | -€72,992 | ▼ 145% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.2m | €32.9m | ▲ 212× |
| Fixed assets21/28 | €0.1m | €32.1m | ▲ 266× |
| Tangible fixed assets22/27 | €0.1m | €0.2m | ▲ 94.9% |
| Assets under construction and advance payments27 | €0.1m | €0.2m | ▲ 94.9% |
| Financial fixed assets28 | €2 | €31.8m | ▲ 15,920,980× |
| Current assets29/58 | €0.04m | €0.8m | ▲ 24× |
| Amounts receivable within one year40/41 | €0.001m | €0.8m | ▲ 802× |
| Trade receivables40 | - | €0.8m | - |
| Other amounts receivable41 | €0.001m | €0.004m | ▲ 269% |
| Cash at bank and in hand54/58 | €0.03m | €0.03m | ▲ 0.6% |
| Deferred charges and accrued income490/1 | €3 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.2m | €32.9m | ▲ 212× |
| Equity10/15 | -€0.03m | -€0.1m | ▼ 253% |
| Contributions10/11 | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.03m | -€0.1m | ▼ 245% |
| Amounts payable17/49 | €0.2m | €33.0m | ▲ 179× |
| Amounts payable after more than one year17 | - | €31.4m | - |
| Other amounts payable178/9 | - | €31.4m | - |
| Amounts payable within one year42/48 | €0.2m | €1.1m | ▲ 522% |
| Financial debts43 | €0.05m | €1.0m | ▲ 19× |
| Other loans439 | €0.05m | €1.0m | ▲ 19× |
| Trade debts44 | €0.1m | €0.1m | ▲ 7.0% |
| Suppliers440/4 | €0.1m | €0.1m | ▲ 7.0% |
| Accrued charges and deferred income492/3 | €0.001m | €0.5m | ▲ 947× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€0.03m | -€0.07m | ▼ 145% |
| Operating cash flow (approximation) | -€0.03m | -€0.07m | ▼ 145% |
| Investment in fixed assets (approximation) | - | -€32.0m | - |
| Change in cash | - | €208 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.