Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-04-2026 PDF all 2 filings
Equity
€170,515▲ 158%
2024 · €66,204
Net result
€104,312▲ 63.7%
2024 · €63,704
Total assets
€223,240▲ 158%
2024 · €86,494
Solvency
76.4%▼ 0.2pp
2024 · 76.5%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€132,950
▲ 66.5%
2025
20242025
Net result
€104,312
▲ 63.7%
2025
highest quarter of the sector
20242025
Equity
€170,515
▲ 158%
2025
middle half of the sector
20242025
Total assets
€223,240
▲ 158%
2025
middle half of the sector
20242025
Debt
€52,725
▲ 160%
2025
20242025
Working capital
€142,538
▲ 387%
2025
middle half of the sector
20242025
Solvency
76.4%
▼ 0.2pp
2025
middle half of the sector
20242025
Current ratio
3.70
▲ 1.26
2025
middle half of the sector
20242025
Return on assets (ROA)
46.7%
▼ 26.9pp
2025
highest 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€79,870-€132,950▲ 66.5%
Net result€63,704within the sector's middle half-€104,312above the sector's middle half▲ 63.7%
Equity€66,204within the sector's middle half-€170,515within the sector's middle half▲ 158%
Total assets€86,494below the sector's middle half-€223,240within the sector's middle half▲ 158%
Debt€20,290-€52,725▲ 160%
Working capital€29,264within the sector's middle half-€142,538within the sector's middle half▲ 387%
Solvency76.5%within the sector's middle half-76.4%within the sector's middle half▼ 0.2pp
Current ratio2.44within the sector's middle half-3.70within the sector's middle half▲ 1.26
Return on assets (ROA)73.7%above the sector's middle half-46.7%above the sector's middle half▼ 26.9pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 66% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,240
Fixed assets
€27,977 ▼ 24.3%
Current assets
€195,263 ▲ 294%
Equity and liabilities €223,240
Equity
€170,515 ▲ 158%
Debt
€52,725 ▲ 160%
Debt's share of the balance-sheet total rises from 23.5% to 23.6%. Equity and debt are higher.
Key figures and ratios
ROE
61.2%▼
2024 · 96.2%
Debt ≤ 1 year
€52,725▲
2024 · €20,290
Income taxes
€28,403▲
2024 · €16,104
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 | €44,813 | - |
| Depreciation and write-downs of the year | €7,873 | €8,963 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,873 | €8,963 | ▲ 13.8% |
| Other operating charges640/8 | €150 | €62 | ▼ 58.7% |
| Gross operating margin9900 | €87,894 | €141,975 | ▲ 61.5% |
| Operating profit (loss)9901 | €79,870 | €132,950 | ▲ 66.5% |
| Financial charges65/66B | €63 | €236 | ▲ 274% |
| Recurring financial charges65 | €63 | €236 | ▲ 274% |
| Profit (loss) for the period before taxes9903 | €79,807 | €132,714 | ▲ 66.3% |
| Income taxes67/77 | €16,104 | €28,403 | ▲ 76.4% |
| Profit (loss) for the period9904 | €63,704 | €104,312 | ▲ 63.7% |
| Profit (loss) for the period to be appropriated9905 | €63,704 | €104,312 | ▲ 63.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €86,494 | €223,240 | ▲ 158% |
| Fixed assets21/28 | €36,940 | €27,977 | ▼ 24.3% |
| Tangible fixed assets22/27 | €36,940 | €27,977 | ▼ 24.3% |
| Furniture and vehicles24 | €36,940 | €27,977 | ▼ 24.3% |
| Current assets29/58 | €49,554 | €195,263 | ▲ 294% |
| Amounts receivable within one year40/41 | €10,225 | €9,457 | ▼ 7.5% |
| Trade receivables40 | €10,225 | €9,447 | ▼ 7.6% |
| Other amounts receivable41 | - | €11 | - |
| Current investments50/53 | - | €59,482 | - |
| Cash at bank and in hand54/58 | €39,162 | €125,919 | ▲ 222% |
| Deferred charges and accrued income490/1 | €168 | €406 | ▲ 142% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €86,494 | €223,240 | ▲ 158% |
| Equity10/15 | €66,204 | €170,515 | ▲ 158% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €63,704 | €168,015 | ▲ 164% |
| Distributable reserves133 | €63,704 | €168,015 | ▲ 164% |
| Amounts payable17/49 | €20,290 | €52,725 | ▲ 160% |
| Amounts payable within one year42/48 | €20,290 | €52,725 | ▲ 160% |
| Trade debts44 | €1,166 | €1,294 | ▲ 11.0% |
| Suppliers440/4 | €1,166 | €1,294 | ▲ 11.0% |
| Taxes, remuneration and social security45 | €18,369 | €49,282 | ▲ 168% |
| Taxes450/3 | €18,369 | €49,282 | ▲ 168% |
| Other amounts payable47/48 | €755 | €2,149 | ▲ 184% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €63,704 | €104,312 | ▲ 63.7% |
| + Depreciation and write-downs630 | €7,873 | €8,963 | ▲ 13.8% |
| Operating cash flow (approximation) | €71,577 | €113,274 | ▲ 58.3% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €86,756 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.