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ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 23 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,290▼ 177%
2024 · -€827
Working capital
-€28,086▼ 8.9%
2024 · -€25,796
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€1,965
▼ 250%
2025
20182025
Net result
-€2,290
▼ 177%
2025
20182025
Equity
€45,731
▼ 4.8%
2025
20182025
Total assets
€91,731
▼ 2.6%
2025
20182025
Debt
€46,000
▼ 0.3%
2025
20182025
Working capital
-€28,086
▼ 8.9%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€1,743--€1,997▼ 14.6%-€6,797▼ 240%-€1,958▲ 71.2%-€1,933▲ 1.3%-€4,529▼ 134%-€561▲ 87.6%-€1,965▼ 250%
Net result-€1,838--€2,102▼ 14.3%-€6,917▼ 229%-€2,178▲ 68.5%-€2,199▼ 1.0%-€4,795▼ 118%-€827▲ 82.8%-€2,290▼ 177%
Equity€67,039-€64,936▼ 3.1%€58,020▼ 10.7%€55,842▼ 3.8%€53,643▼ 3.9%€48,848▼ 8.9%€48,021▼ 1.7%€45,731▼ 4.8%
Total assets€113,300-€111,225▼ 1.8%€103,976▼ 6.5%€101,798▼ 2.1%€99,643▼ 2.1%€95,574▼ 4.1%€94,147▼ 1.5%€91,731▼ 2.6%
Debt€46,262-€46,289▲ 0.1%€45,956▼ 0.7%€45,956=€46,000▲ 0.1%€46,726▲ 1.6%€46,126▼ 1.3%€46,000▼ 0.3%
Working capital-€41,866--€8,881▲ 78.8%-€15,797▼ 77.9%-€17,975▼ 13.8%-€20,174▼ 12.2%-€24,969▼ 23.8%-€25,796▼ 3.3%-€28,086▼ 8.9%
The operating result for 2025 is a loss of €1,965, larger than the loss of €561 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,731
Fixed assets
€73,817 =
Current assets
€17,914 ▼ 11.9%
Equity and liabilities €91,731
Equity
€45,731 ▼ 4.8%
Debt
€46,000 ▼ 0.3%
Debt's share of the balance-sheet total rises from 49.0% to 50.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.39▼
2024 · 0.44
Debt to equity
1.01▲
2024 · 0.96
ROE
-5.0%▼
2024 · -1.7%
ROA
-2.5%▼
2024 · -0.9%
Debt ≤ 1 year
€46,000▼
2024 · €46,126
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 |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €532 | €535 | €1,028 | €598 | €615 | ▲ 2.8% |
| Gross operating margin9900 | -€1,220 | -€1,470 | -€6,268 | -€1,427 | -€1,398 | -€3,501 | €38 | -€1,349 | - |
| Operating profit (loss)9901 | -€1,743 | -€1,997 | -€6,797 | -€1,958 | -€1,933 | -€4,529 | -€561 | -€1,965 | ▼ 250% |
| Financial charges65/66B | - | - | - | €220 | €266 | €266 | €266 | €325 | ▲ 22.2% |
| Recurring financial charges65 | €95 | €105 | €120 | €220 | €266 | €266 | €266 | €325 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | -€1,838 | -€2,102 | -€6,917 | -€2,178 | -€2,199 | -€4,795 | -€827 | -€2,290 | ▼ 177% |
| Profit (loss) for the period9904 | -€1,838 | -€2,102 | -€6,917 | -€2,178 | -€2,199 | -€4,795 | -€827 | -€2,290 | ▼ 177% |
| Profit (loss) for the period to be appropriated9905 | -€1,838 | -€2,102 | -€6,917 | -€2,178 | -€2,199 | -€4,795 | -€827 | -€2,290 | ▼ 177% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €113,300 | €111,225 | €103,976 | €101,798 | €99,643 | €95,574 | €94,147 | €91,731 | ▼ 2.6% |
| Fixed assets21/28 | €108,904 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | = |
| Financial fixed assets28 | €108,904 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | €73,817 | = |
| Current assets29/58 | €4,396 | €37,408 | €30,159 | €27,981 | €25,826 | €21,757 | €20,330 | €17,914 | ▼ 11.9% |
| Cash at bank and in hand54/58 | €4,396 | €37,408 | €30,159 | €27,981 | €25,826 | €21,757 | €20,330 | €17,914 | ▼ 11.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €113,300 | €111,225 | €103,976 | €101,798 | €99,643 | €95,574 | €94,147 | €91,731 | ▼ 2.6% |
| Equity10/15 | €67,039 | €64,936 | €58,020 | €55,842 | €53,643 | €48,848 | €48,021 | €45,731 | ▼ 4.8% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | -€611 | -€2,714 | -€9,630 | -€11,808 | -€14,007 | -€18,802 | -€19,629 | -€21,919 | ▼ 11.7% |
| Amounts payable17/49 | €46,262 | €46,289 | €45,956 | €45,956 | €46,000 | €46,726 | €46,126 | €46,000 | ▼ 0.3% |
| Amounts payable within one year42/48 | €46,262 | €46,289 | €45,956 | €45,956 | €46,000 | €46,726 | €46,126 | €46,000 | ▼ 0.3% |
| Trade debts44 | €306 | €333 | €0 | - | - | €726 | €126 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | - | - | €726 | €126 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €45,956 | €46,000 | €46,000 | €46,000 | €46,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,838 | -€2,102 | -€6,917 | -€2,178 | -€2,199 | -€4,795 | -€827 | -€2,290 | ▼ 177% |
| Operating cash flow (approximation) | -€1,838 | -€2,102 | -€6,917 | -€2,178 | -€2,199 | -€4,795 | -€827 | -€2,290 | ▼ 177% |
| Investment in fixed assets (approximation) | - | €35,087 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €33,012 | -€7,249 | -€2,178 | -€2,155 | -€4,069 | -€1,427 | -€2,416 | ▼ 69.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00269912 | |
| 31-12-2024 | abbreviated format | 12-07-2025 | 2025-00272672 | |
| 31-12-2023 | abbreviated format | 05-07-2024 | 2024-00227409 | |
| 31-12-2022 | abbreviated format | 13-06-2023 | 2023-00129741 | |
| 31-12-2021 | abbreviated format | 05-07-2022 | 2022-20157467 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-23400529 | |
| 31-12-2019 | abbreviated format | 15-07-2020 | 2020-30200193 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-30300028 | |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32000054 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-24500082 |