FIRES
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €27,595 on 31-12-2025in euro
in euro
Position in the sector
-205.0%
Higher than 5% of 22,909 companies in 2025.
0.24
Higher than 6% of 22,039 companies in 2025.
-33.2%
Higher than 8% of 22,189 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · 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 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
27,595 | 25,494 | 33,904 | 29,391 | 26,766 | 90,127 | 73,306 | 64,496 | 27,192 | 59,396 | 52,627 | 56,009 | 52,236 | 128,727 | 123,265 | 136,707 | 169,510 | 66,017 | 80,528 | 111,876 | |
21/28 |
7,461 | 9,315 | 4,197 | 5,165 | 5,377 | 4,021 | 5,737 | 3,717 | 6,367 | 8,120 | 13,673 | 18,627 | 17,809 | 9,974 | 5,578 | 5,529 | 9,194 | 63,629 | 66,821 | 76,421 | |
22/27 |
6,861 | 8,715 | 3,597 | 4,565 | 4,777 | 3,421 | 5,137 | 3,117 | 5,767 | 7,520 | 8,423 | 13,377 | 12,559 | 4,649 | 328 | 279 | 4,544 | 58,979 | 66,821 | 76,421 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49,760 | 51,734 | 53,709 | |
24 |
690 | 1,683 | 1,468 | 2,167 | 2,110 | 3,421 | 5,137 | 2,838 | 5,210 | 6,685 | 7,310 | 13,377 | 12,559 | 4,649 | 328 | 279 | 4,544 | 8,715 | 14,331 | 21,704 | |
26 |
6,171 | 7,032 | 2,129 | 2,398 | 2,668 | - | - | 278 | 557 | 835 | 1,113 | - | - | - | - | - | - | 504 | 756 | 1,008 | |
28 |
600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 5,250 | 5,250 | 5,250 | 5,325 | 5,250 | 5,250 | 4,650 | 4,650 | - | - | |
29/58 |
20,134 | 16,179 | 29,707 | 24,225 | 21,388 | 86,106 | 67,569 | 60,780 | 20,824 | 51,275 | 38,954 | 37,382 | 34,427 | 118,753 | 117,687 | 131,178 | 160,317 | 2,388 | 13,707 | 35,454 | |
40/41 |
8,075 | 9,366 | 25,962 | 16,019 | 17,158 | 21,955 | 21,960 | 44,548 | 10,100 | 44,848 | 22,042 | 23,861 | 22,367 | 70,251 | 38,685 | 34,269 | 32,975 | 930 | 383 | 3,253 | |
40 |
7,195 | 9,366 | 25,962 | 16,019 | 17,158 | 21,955 | 19,572 | 44,548 | 5,043 | 42,280 | 17,682 | 23,524 | 17,619 | 68,765 | 23,401 | 4,084 | 3,252 | 2 | - | - | |
41 |
880 | - | - | - | - | - | 2,387 | - | 5,058 | 2,567 | 4,360 | 337 | 4,749 | 1,486 | 15,284 | 30,185 | 29,723 | 928 | 383 | 3,253 | |
50/53 |
29 | 29 | 29 | 29 | 29 | 10,729 | 10,729 | 9 | 9 | 409 | 5,408 | 5,405 | 10,383 | 7,364 | 26,094 | 90,410 | 114,127 | 84 | 4,128 | 26,422 | |
54/58 |
9,460 | 5,271 | 2,339 | 7,058 | 3,237 | 52,367 | 33,961 | 15,345 | 9,652 | 5,288 | 10,733 | 7,424 | 986 | 40,560 | 47,245 | 5,754 | 7,499 | 800 | 3,002 | 4,134 | |
490/1 |
2,570 | 1,512 | 1,376 | 1,119 | 964 | 1,055 | 919 | 878 | 1,063 | 730 | 770 | 692 | 691 | 579 | 5,662 | 745 | 5,715 | 574 | 6,193 | 1,645 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
27,595 | 25,494 | 33,904 | 29,391 | 26,766 | 90,127 | 73,306 | 64,496 | 27,192 | 59,396 | 52,627 | 56,009 | 52,236 | 128,727 | 123,265 | 136,707 | 169,510 | 66,017 | 80,528 | 111,876 | |
10/15 |
-56,563 | -47,393 | -39,403 | -34,594 | -1,773 | 35,129 | 41,563 | 44,331 | 13,147 | 44,472 | 38,308 | 43,454 | 33,760 | 56,510 | 61,681 | 61,050 | 73,274 | 55,522 | 71,243 | 92,310 | |
10/11 |
2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | |
100 |
- | - | - | - | - | - | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | 21,737 | |
11 |
- | - | - | - | - | 21,737 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 21,737 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
- | - | - | - | - | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 7,833 | |
130/1 |
- | - | - | - | - | 2,174 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | 2,174 | |
1311 |
- | - | - | - | - | 2,174 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,660 | |
14 |
-58,736 | -49,567 | -41,577 | -36,768 | -3,946 | 11,218 | 17,652 | 20,420 | -10,763 | 20,561 | 14,398 | 19,544 | 9,849 | 32,599 | 37,770 | 37,139 | 49,363 | 31,611 | 47,333 | 62,739 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | 20 | 20 | 24,020 | 47,995 | 72,025 | 96,000 | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | 20 | 20 | 24,020 | 47,995 | 72,025 | 96,000 | - | - | - | |
17/49 |
84,157 | 72,887 | 73,307 | 63,985 | 28,539 | 54,998 | 31,743 | 20,165 | 14,044 | 14,924 | 14,318 | 12,535 | 18,456 | 48,197 | 13,589 | 3,632 | 237 | 10,496 | 9,285 | 19,566 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,178 | 6,992 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,178 | 6,992 | |
42/48 |
84,157 | 72,887 | 72,559 | 62,341 | 28,539 | 54,359 | 31,743 | 19,172 | 14,044 | 13,909 | 13,349 | 12,052 | 18,456 | 16,312 | 12,287 | 2,587 | 237 | 9,304 | 4,246 | 10,706 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,178 | 3,814 | 3,814 | |
44 |
7,122 | 4,886 | 4,617 | 2,478 | 3,083 | 6,136 | 13,922 | 8,413 | 5,283 | 9,645 | 12,680 | 3,875 | 5,416 | 1,534 | 809 | 2,472 | 129 | 696 | - | - | |
440/4 |
7,122 | 4,886 | 4,617 | 2,478 | 3,083 | 6,136 | 13,922 | 8,413 | 5,283 | 9,645 | 12,680 | 3,875 | 5,416 | 1,534 | 809 | 2,472 | 129 | 696 | - | - | |
45 |
262 | 883 | 1,522 | 1,883 | 832 | 3,793 | 354 | 1,885 | 438 | 311 | 668 | 1,510 | 13,040 | 14,778 | 11,477 | 115 | 108 | - | - | 3,461 | |
450/3 |
262 | 883 | 1,522 | 1,883 | 832 | 3,793 | 354 | 1,885 | 438 | 311 | 668 | 1,510 | 13,040 | 14,778 | 11,477 | 115 | 108 | - | - | 3,461 | |
47/48 |
76,774 | 67,118 | 66,420 | 57,980 | 24,624 | 44,430 | 17,468 | 8,874 | 8,323 | 3,952 | - | 6,667 | - | - | - | - | - | 5,430 | 432 | 3,432 | |
492/3 |
- | - | 748 | 1,644 | - | 640 | 0 | 993 | - | 1,015 | 970 | 483 | - | 31,885 | 1,303 | 1,046 | - | 1,192 | 1,861 | 1,868 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | 129,758 | 94,618 | 115,055 | 28,315 | 89,260 | 84,131 | 75,437 | 59,867 | - | - | - | - | - | - | - | |
76A |
60 | - | - | - | - | - | - | - | - | 131 | - | - | - | - | - | - | 119,737 | - | - | - | |
9900 |
-3,145 | -2,606 | 4,528 | -13,599 | -9,134 | 33,701 | 2,013 | 47,256 | -25,858 | 25,229 | 10,928 | 29,622 | -7,871 | 18,496 | 31,173 | -8,122 | 24,077 | -5,935 | 3,304 | 24,603 | |
60/61 |
- | - | - | - | - | 110,750 | 102,424 | 71,786 | 63,801 | 69,311 | 73,203 | 45,816 | 67,738 | - | - | - | - | - | - | - | |
630 |
1,854 | 1,668 | 2,120 | 1,324 | 1,338 | 1,716 | 2,166 | 2,650 | 3,549 | 4,374 | 6,346 | 6,300 | 5,159 | 1,402 | 444 | 4,264 | 5,010 | 7,842 | 9,600 | 8,715 | |
631/4 |
- | - | - | - | - | 1,080 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | -20 | - | - | - | - | - | 120,000 | - | - | - | |
640/8 |
2,004 | 2,100 | 5,348 | 2,014 | 1,392 | 760 | 1,570 | 1,683 | 1,856 | 2,291 | 839 | 1,348 | 936 | 1,178 | 647 | 1,010 | 2,458 | 1,746 | 1,405 | 1,688 | |
66A |
927 | - | - | 3,672 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-7,930 | -6,374 | -2,939 | -20,609 | -11,863 | 30,144 | -1,722 | 42,922 | -31,263 | 18,564 | 3,762 | 21,973 | -13,966 | 15,916 | 30,082 | -13,396 | -103,390 | -15,523 | -7,702 | 14,201 | |
75/76B |
- | - | - | - | 10 | - | 0 | - | - | 175 | 125 | 250 | 55 | 347 | 865 | 1,522 | 1,815 | 72 | 125 | 413 | |
75 |
- | - | - | - | 10 | - | 0 | - | - | 175 | 125 | 250 | 55 | 347 | 865 | 1,522 | 1,815 | 72 | 125 | 413 | |
65/66B |
898 | 1,224 | 1,453 | 1,284 | 640 | 860 | 1,046 | 1,251 | 61 | 36 | 69 | 1,329 | 749 | 1,372 | 71 | 121 | 137 | 271 | 428 | 780 | |
65 |
898 | 1,224 | 1,453 | 1,284 | 640 | 860 | 1,046 | 1,251 | 61 | 36 | 69 | 1,329 | 749 | 1,372 | 71 | 121 | 137 | 271 | 428 | 780 | |
9903 |
-8,828 | -7,598 | -4,392 | -21,893 | -12,493 | 29,285 | -2,768 | 41,671 | -31,324 | 18,703 | 3,818 | 20,894 | -14,659 | 14,892 | 30,876 | -11,996 | 18,025 | -15,722 | -8,005 | 13,834 | |
67/77 |
342 | 392 | 418 | 10,928 | 2,671 | 10,719 | - | 10,487 | - | 5,540 | 8,965 | 4,533 | 8,091 | 63 | 10,245 | 228 | 272 | - | - | 2,615 | |
9904 |
-9,170 | -7,990 | -4,809 | -32,821 | -15,165 | 18,566 | -2,768 | 31,184 | -31,324 | 13,163 | -5,146 | 16,361 | -22,750 | 14,829 | 20,631 | -12,224 | 17,752 | -15,722 | -8,005 | 11,220 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,660 | |
9905 |
-9,170 | -7,990 | -4,809 | -32,821 | -15,165 | 18,566 | -2,768 | 31,184 | -31,324 | 13,163 | -5,146 | 16,361 | -22,750 | 14,829 | 20,631 | -12,224 | 17,752 | -15,722 | -8,005 | 5,560 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-58,736 | -49,567 | -41,577 | -36,768 | -3,946 | 36,218 | 17,652 | 20,420 | -10,763 | 27,561 | 14,398 | 26,210 | 9,849 | 52,599 | 57,770 | 37,139 | 49,363 | 31,611 | 47,333 | 62,739 | |
14P |
-49,567 | -41,577 | -36,768 | -3,946 | 11,218 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | 25,000 | - | - | - | 7,000 | - | 6,667 | - | 20,000 | 20,000 | - | - | - | - | - | |
694 |
- | - | - | - | - | 25,000 | - | - | - | 7,000 | - | 6,667 | - | 20,000 | 20,000 | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 19 older financial years (1987-2005) were filed as documents without figures as data, scans for example.
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 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 | micro format | 23-07-2026 | 2026-00321263 | |
| 31-12-2024 | micro format | 05-08-2025 | 2025-00362936 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00385155 | |
| 31-12-2022 | micro format | 01-08-2023 | 2023-00308088 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20338754 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-24400574 | |
| 31-12-2019 | micro format | 10-08-2020 | 2020-40100011 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-39000243 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-26500166 | |
| 31-12-2016 | micro format | 03-07-2017 | 2017-26300066 | |
| 31-12-2015 | full format | 04-07-2016 | 2016-27100118 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-49900336 | |
| 31-12-2013 | full format | 27-06-2014 | 2014-23400384 | |
| 31-12-2012 | full format | 02-08-2013 | 2013-39600514 | |
| 31-12-2011 | full format | 20-08-2012 | 2012-42800016 | |
| 31-12-2010 | full format | 08-07-2011 | 2011-27500517 | |
| 31-12-2009 | full format | 25-08-2010 | 2010-44200384 | |
| 31-12-2008 | full format | 02-07-2009 | 2009-35200393 | |
| 31-12-2007 | full format | 30-06-2008 | 2008-30100351 | |
| 31-12-2006 | full format | 09-07-2007 | 2007-37500365 | |
| 31-12-2005 | full format | 30-06-2006 | 2006-37203340 | |
| 31-12-2004 | full format | 14-07-2005 | 2005-48301812 | |
| 31-12-2003 | abbreviated format | 28-06-2004 | 2004-33202457 | |
| 31-12-2002 | abbreviated format | 01-07-2003 | 2003-35801676 | |
| 31-12-2001 | abbreviated format | 26-07-2002 | 2002-42304148 | |
| 31-12-2000 | abbreviated format | 03-10-2001 | 2001-61401724 | |
| 31-12-1999 | abbreviated format | 04-07-2000 | 2000-36300164 | |
| 31-12-1998 | abbreviated format | 01-07-1999 | 1999-28201296 | |
| 31-12-1997 | abbreviated format | 18-08-1998 | 1998-40801005 | |
| 31-12-1996 | abbreviated format | 11-07-1997 | 1997-29601361 | |
| 31-12-1995 | abbreviated format | 28-06-1996 | 1996-26702046 | |
| 31-12-1994 | abbreviated format | 30-06-1995 | 1995-33200660 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-23202784 | |
| 31-12-1992 | abbreviated format | 21-09-1993 | 1993-36601186 | |
| 31-12-1991 | abbreviated format | 31-07-1992 | 1992-25804104 | |
| 31-12-1990 | abbreviated format | 05-07-1991 | 1991-16504324 | |
| 31-12-1989 | abbreviated format | 08-06-1990 | 1990-07401919 | |
| 31-12-1988 | abbreviated format | 27-06-1989 | 1989-11202660 | |
| 31-12-1987 | abbreviated format | 29-07-1988 | 1988-17303618 |
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -6,076 | -4,706 | -819 | -19,285 | -10,525 | 31,861 | 444 | 45,572 | -27,714 | 22,938 | 10,108 | 28,273 | -8,807 | 17,318 | 30,526 | -9,132 | -98,381 | -7,681 | 1,898 | 22,915 | ||
| -7,316 | -6,321 | -2,689 | -31,497 | -13,827 | 20,282 | -602 | 33,834 | -27,775 | 17,537 | 1,200 | 22,661 | -17,591 | 16,231 | 21,074 | -7,960 | 22,762 | -7,879 | 1,595 | 19,934 | ||
| 0 | 6,786 | 1,152 | 8,917 | 2,694 | 0 | 4,186 | 0 | 1,796 | 3,471 | 1,392 | 7,118 | 13,069 | 5,797 | 493 | 600 | -49,426 | 4,650 | 0 | 14,260 | ||
| 4,189 | 2,932 | -4,719 | 3,821 | -49,130 | 18,406 | 18,615 | 5,693 | 4,364 | -5,445 | 3,309 | 6,438 | -39,574 | -6,685 | 41,491 | -1,745 | 6,699 | -2,202 | -1,132 | - | ||
| -64,024 | -56,708 | -42,853 | -38,116 | -7,150 | 31,748 | 35,826 | 41,607 | 6,780 | 37,367 | 25,605 | 25,330 | 15,971 | 102,441 | 105,400 | 128,591 | 160,080 | -6,916 | 9,461 | 24,748 | ||
| - | - | - | - | - | 23.2% | -1.8% | 37.3% | - | 20.8% | 4.5% | 29.1% | -23.3% | - | - | - | - | - | - | - | ||
| -205.0% | -185.9% | -116.2% | -117.7% | -6.6% | 39.0% | 56.7% | 68.7% | 48.4% | 74.9% | 72.8% | 77.6% | 64.6% | 43.9% | 50.0% | 44.7% | 43.2% | 84.1% | 88.5% | 82.5% | ||
| 0.24 | 0.22 | 0.41 | 0.39 | 0.75 | 1.58 | 2.13 | 3.17 | 1.48 | 3.69 | 2.92 | 3.10 | 1.87 | 7.28 | 9.58 | 50.71 | - | 0.26 | 3.23 | 3.31 | ||
| - | - | - | - | - | 1.57 | 0.76 | 0.45 | 1.07 | 0.34 | 0.37 | 0.29 | 0.55 | 0.85 | 0.22 | 0.06 | 0.00 | 0.19 | 0.13 | 0.21 | ||
| - | - | - | - | - | 52.9% | -6.7% | 70.3% | -238.3% | 29.6% | -13.4% | 37.7% | -67.4% | 26.2% | 33.4% | -20.0% | 24.2% | -28.3% | -11.2% | 12.2% | ||
| -33.2% | -31.3% | -14.2% | -111.7% | -56.7% | 20.6% | -3.8% | 48.3% | -115.2% | 22.2% | -9.8% | 29.2% | -43.6% | 11.5% | 16.7% | -8.9% | 10.5% | -23.8% | -9.9% | 10.0% | ||
| -6.76 | -3.85 | -0.56 | -15.02 | -16.45 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 62 days | 76 days | 141 days | 65 days | 173 days | 77 days | 114 days | 107 days | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 20 days | 50 days | 43 days | 30 days | 51 days | 63 days | 31 days | 29 days | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €6,786 | €1,152 | €8,917 | €2,694 |
| €1,854 | €1,668 | €2,120 | €1,324 | €1,338 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FIRES
The operating result for 2025 is a loss of €7,930, larger than the loss of €6,374 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€84,157) exceeds the balance-sheet total (€27,595).