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InactiveFinancials · financial year 2025, micro format
Equity
-€132,414▼ 2.4%
2024 · -€129,310
Total assets
€1,386▼ 71.9%
2024 · €4,933
Net result
-€3,104
2024 · €120
Working capital
-€132,414▼ 2.4%
2024 · -€129,310
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €2,888 after €222 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€2,888
2025
Net result-€3,104
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1,386
2025
Equity-€132,414
2025
Debt€133,800
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€132,414
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€17,632-€2,906-€28,716€8,735-€20,314-€1,938▲ 90.5%€222-€2,888
Net result-€17,748-€3,107-€28,944€8,693-€20,236-€2,030▲ 90.0%€120-€3,104
Equity-€90,021--€86,914▲ 3.5%-€115,858▼ 33.3%-€107,165▲ 7.5%-€127,401▼ 18.9%-€129,430▼ 1.6%-€129,310▲ 0.1%-€132,414▼ 2.4%
Total assets€60,013-€31,183▼ 48.0%€10,208▼ 67.3%€16,176▲ 58.5%€19,275▲ 19.2%€10,180▼ 47.2%€4,933▼ 51.5%€1,386▼ 71.9%
Debt€150,033-€118,097▼ 21.3%€126,066▲ 6.7%€123,341▼ 2.2%€146,676▲ 18.9%€139,610▼ 4.8%€134,243▼ 3.8%€133,800▼ 0.3%
Working capital-€62,409--€84,042▼ 34.7%-€115,419▼ 37.3%-€106,580▲ 7.7%-€127,726▼ 19.8%-€129,430▼ 1.3%-€129,310▲ 0.1%-€132,414▼ 2.4%
Staff (FTE)1.6-1▼ 37.5%1=1=0.5▼ 50.0%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€133,800▼
2024 · €134,243
Staff costs
€0▲
2024 · -€3,457
Ratios withheld: a balance sheet total of €1,386 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,606 | €12,711 | €0 | -€3,457 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,044 | €626 | €626 | €626 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €857 | €526 | €926 | €978 | €214 | ▼ 78.2% |
| Gross operating margin9900 | €65,097 | €34,903 | -€17,975 | €13,824 | -€7,077 | -€1,012 | -€2,257 | -€2,674 | ▼ 18.5% |
| Operating profit (loss)9901 | -€17,632 | €2,906 | -€28,716 | €8,735 | -€20,314 | -€1,938 | €222 | -€2,888 | - |
| Financial income75/76B | - | - | - | €9 | €151 | €0 | - | - | - |
| Recurring financial income75 | €1,034 | €226 | €1,170 | €9 | €151 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €51 | €73 | €92 | €101 | €216 | ▲ 113% |
| Recurring financial charges65 | €1,149 | €25 | €1,398 | €51 | €73 | €92 | €101 | €216 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Profit (loss) for the period9904 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €60,013 | €31,183 | €10,208 | €16,176 | €19,275 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Fixed assets21/28 | €750 | €2,002 | €1,001 | €375 | €325 | €0 | - | - | - |
| Tangible fixed assets22/27 | - | €1,252 | €626 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €750 | €750 | €375 | €375 | €325 | €0 | - | - | - |
| Current assets29/58 | €59,263 | €29,181 | €9,207 | €15,801 | €18,950 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Amounts receivable within one year40/41 | €43,012 | €20,092 | €6,185 | €7,901 | €14,323 | €1,969 | €1,961 | €141 | ▼ 92.8% |
| Trade receivables40 | - | - | - | €6,782 | €13,002 | €1,068 | €1,704 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1,119 | €1,321 | €901 | €257 | €141 | ▼ 45.2% |
| Cash at bank and in hand54/58 | €15,709 | €8,793 | €2,697 | €7,900 | €3,772 | €8,211 | €2,972 | €1,245 | ▼ 58.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €855 | €0 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €60,013 | €31,183 | €10,208 | €16,176 | €19,275 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Equity10/15 | -€90,021 | -€86,914 | -€115,858 | -€107,165 | -€127,401 | -€129,430 | -€129,310 | -€132,414 | ▼ 2.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€108,621 | -€105,514 | -€134,458 | -€125,765 | -€146,001 | -€148,030 | -€147,910 | -€151,014 | ▼ 2.1% |
| Amounts payable17/49 | €150,033 | €118,097 | €126,066 | €123,341 | €146,676 | €139,610 | €134,243 | €133,800 | ▼ 0.3% |
| Amounts payable within one year42/48 | €121,671 | €113,224 | €124,626 | €122,381 | €146,676 | €139,610 | €134,243 | €133,800 | ▼ 0.3% |
| Trade debts44 | €10,243 | €8,267 | €2,648 | €1,292 | €10,344 | €3,520 | €408 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €1,292 | €10,344 | €3,520 | €408 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €585 | €72 | €35 | €35 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €125 | €72 | €35 | €35 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €460 | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €120,504 | €136,259 | €136,055 | €133,800 | €133,800 | = |
| Accrued charges and deferred income492/3 | - | - | - | €960 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| + Depreciation and write-downs630 | €1,044 | €626 | €626 | €626 | €0 | - | - | - | - |
| Operating cash flow (approximation) | -€16,704 | €3,733 | -€28,318 | €9,319 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Investment in fixed assets (approximation) | - | -€1,878 | €375 | €0 | €50 | €325 | - | - | - |
| Change in cash | - | -€6,916 | -€6,096 | €5,203 | -€4,128 | €4,439 | -€5,239 | -€1,727 | ▲ 67.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-04-2026 | 2026-00100875 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00286393 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00222615 |
| 31-12-2022 | micro format | 20-06-2023 | 2023-00144849 |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20208949 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62800386 |
| 31-12-2019 | micro format | 24-07-2020 | 2020-34100450 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41100241 |
| 31-12-2017 | micro format | 12-07-2018 | 2018-33000124 |
| 31-12-2016 | micro format | 10-07-2017 | 2017-29900136 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.