FS TECHNICAL
Annual accounts 2025
micro format, filed on 20-06-2026, 41 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €130,000 and €320,000.
Balance sheet
balance sheet total €329,203 on 31-12-2025in euro
in euro
Position in the sector
1.0%
Higher than 10% of 35,156 companies in 2025.
0.47
Higher than 6% of 34,529 companies in 2025.
6.8%
Higher than 49% of 34,730 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: top 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
329,203 | 310,691 | 31,883 | 124,347 | 31,588 | 45,245 | 53,917 | 69,306 | 81,222 | 136,793 | 169,379 | 185,360 | 221,330 | |
21/28 |
272,520 | 292,693 | 20,375 | 90,903 | 18,901 | 39,255 | 52,333 | 68,899 | 81,165 | 103,017 | 159,914 | 168,945 | 197,889 | |
21 |
- | - | - | - | 16,000 | 32,000 | 48,000 | 64,000 | 80,000 | 96,000 | 112,000 | 128,000 | 144,000 | |
22/27 |
272,520 | 292,693 | 20,375 | 10,653 | 2,901 | 7,255 | 4,333 | 4,899 | 1,165 | 7,017 | 45,014 | 38,045 | 50,989 | |
22 |
256,404 | 268,250 | - | - | - | - | - | - | - | - | - | - | - | |
23 |
5,586 | 6,223 | - | - | - | - | - | - | - | - | - | - | - | |
24 |
10,530 | 18,220 | 20,375 | 10,653 | 2,901 | 7,255 | 4,333 | 4,899 | 1,165 | 7,017 | 45,014 | 38,045 | 50,989 | |
28 |
- | - | - | 80,250 | - | - | - | - | - | - | 2,900 | 2,900 | 2,900 | |
29/58 |
56,683 | 17,997 | 11,508 | 33,444 | 12,687 | 5,990 | 1,584 | 407 | 57 | 33,776 | 9,465 | 16,415 | 23,440 | |
3 |
4,507 | - | - | - | 3,536 | - | - | - | - | - | - | - | - | |
30/36 |
4,507 | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | 3,536 | - | - | - | - | - | - | - | - | |
40/41 |
46,384 | 13,357 | 10,831 | 18,142 | 7,432 | 5,387 | 395 | 84 | 57 | 27,084 | - | 9,311 | 24 | |
40 |
42,583 | 13,357 | 7,677 | 12,357 | 4,973 | 5,387 | - | - | - | 27,000 | - | 9,311 | - | |
41 |
3,801 | - | 3,154 | 5,785 | 2,459 | - | 395 | 84 | 57 | 84 | - | - | 24 | |
54/58 |
5,792 | 4,625 | 559 | 14,903 | 1,351 | 603 | 807 | 323 | - | 5,690 | 33 | 5,778 | 13,095 | |
490/1 |
- | 16 | 119 | 399 | 368 | - | 382 | - | - | 1,003 | 9,432 | 1,326 | 10,321 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
329,203 | 310,691 | 31,883 | 124,347 | 31,588 | 45,245 | 53,917 | 69,306 | 81,222 | 136,793 | 169,379 | 185,360 | 221,330 | |
10/15 |
3,157 | -19,074 | -8,579 | -32,988 | -50,444 | -33,132 | -18,645 | -1,281 | 13,968 | 31,998 | 40,383 | 35,644 | 22,283 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
- | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,000 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,000 | |
1311 |
- | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-17,303 | -39,534 | -29,039 | -53,448 | -70,904 | -53,592 | -39,105 | -21,741 | -6,492 | 17,738 | 26,123 | 21,384 | 8,883 | |
17/49 |
326,046 | 329,764 | 40,462 | 157,335 | 82,033 | 78,377 | 72,562 | 70,587 | 67,254 | 104,795 | 128,995 | 149,715 | 199,047 | |
17 |
204,409 | 178,943 | - | - | - | - | - | - | - | 45,112 | 65,052 | 62,312 | 82,478 | |
170/4 |
204,409 | 178,943 | - | - | - | - | - | - | - | 45,112 | 65,052 | 62,312 | 82,478 | |
42/48 |
121,637 | 150,822 | 40,414 | 157,335 | 82,033 | 78,329 | 72,562 | 70,587 | 67,254 | 59,683 | 63,899 | 87,394 | 116,569 | |
42 |
7,775 | 40,684 | - | - | - | - | - | - | - | 19,941 | 19,531 | 20,167 | 19,905 | |
43 |
- | - | - | - | - | - | - | - | 25 | - | 2,052 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 25 | - | 2,052 | - | - | |
44 |
12,914 | 12,978 | 6,871 | 1,790 | 1,041 | 141 | 231 | 1,123 | - | 3,405 | 886 | 904 | 596 | |
440/4 |
12,914 | 12,978 | 6,871 | 1,790 | 1,041 | 141 | 231 | 1,123 | - | 3,405 | 886 | 904 | 596 | |
46 |
- | - | - | - | 3,749 | - | - | - | - | - | - | - | - | |
45 |
- | 97 | - | - | - | 29 | - | - | - | - | 6,164 | 16,964 | 5,000 | |
450/3 |
- | 97 | - | - | - | 29 | - | - | - | - | 6,164 | 16,964 | 5,000 | |
47/48 |
100,948 | 97,062 | 33,544 | 155,545 | 77,243 | 78,159 | 72,331 | 69,463 | 67,230 | 36,337 | 35,268 | 49,360 | 91,068 | |
492/3 |
- | - | 48 | - | - | 48 | - | - | - | - | 44 | 9 | - | |
| Income statement | ||||||||||||||
76A |
- | - | - | - | - | - | - | - | 173 | 1,723 | - | - | - | |
9900 |
52,396 | 16,912 | 23,993 | 34,728 | 4,025 | 3,506 | -665 | 1,365 | -3,071 | 20,644 | 45,079 | 51,312 | 47,681 | |
630 |
20,173 | 18,143 | 6,918 | 17,178 | 16,335 | 16,260 | 16,566 | 16,566 | 18,876 | 21,852 | 30,566 | 28,945 | 28,945 | |
640/8 |
337 | 149 | 452 | 32 | 154 | 85 | 85 | - | - | 493 | 1,222 | 885 | 973 | |
66A |
- | - | - | - | - | - | - | - | - | 5,145 | 1,172 | - | - | |
9901 |
31,886 | -1,380 | 16,624 | 17,517 | -12,464 | -12,839 | -17,316 | -15,201 | -21,947 | -1,701 | 13,290 | 21,483 | 17,764 | |
75/76B |
- | 0 | 7,968 | 16 | 7 | 0 | - | - | 173 | 1,723 | 2 | 10 | 59 | |
75 |
- | 0 | 843 | 16 | 7 | 0 | - | - | - | - | 2 | 10 | 59 | |
76B |
- | - | 7,124 | - | - | - | - | - | 173 | 1,723 | - | - | - | |
65/66B |
9,655 | 9,114 | 226 | 77 | 4,856 | 1,648 | 48 | 36 | 2,262 | 8,437 | 4,297 | 2,328 | 2,925 | |
65 |
9,655 | 9,114 | 226 | 77 | 10 | 103 | 48 | 36 | 2,262 | 3,292 | 4,297 | 2,328 | 2,925 | |
66B |
- | - | - | - | 4,846 | 1,546 | - | - | - | 5,145 | - | - | - | |
9903 |
22,231 | -10,495 | 24,365 | 17,456 | -17,313 | -14,487 | -17,364 | -15,238 | -24,035 | -8,415 | 7,823 | 19,164 | 14,897 | |
67/77 |
- | - | -44 | - | - | - | - | 11 | 195 | -30 | 3,084 | 5,803 | 5,015 | |
9904 |
22,231 | -10,495 | 24,410 | 17,456 | -17,313 | -14,487 | -17,364 | -15,249 | -24,230 | -8,385 | 4,739 | 13,362 | 9,883 | |
9905 |
22,231 | -10,495 | 24,410 | 17,456 | -17,313 | -14,487 | -17,364 | -15,249 | -24,230 | -8,385 | 4,739 | 13,362 | 9,883 | |
| Appropriation of the result | ||||||||||||||
9906 |
-17,303 | -39,534 | -29,039 | -53,448 | -70,904 | -53,592 | -39,105 | -21,741 | -6,492 | 17,738 | 26,123 | 22,244 | 9,883 | |
14P |
-39,534 | -29,039 | -53,448 | -70,904 | -53,592 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 860 | 1,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 860 | 1,000 | |
| Document | ||||||||||||||
The notes to these accounts have 7 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 20-06-2026.
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 | 20-06-2026 | 2026-00207713 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00394709 | |
| 31-12-2023 | micro format | 25-05-2024 | 2024-00096913 | |
| 31-12-2022 | micro format | 27-05-2023 | 2023-00098679 | |
| 31-12-2021 | micro format | 29-05-2022 | 2022-20043243 | |
| 31-12-2020 | micro format | 22-05-2021 | 2021-15000332 | |
| 31-12-2019 | micro format | 23-05-2020 | 2020-12800330 | |
| 31-12-2018 | micro format | 09-06-2019 | 2019-17100119 | |
| 31-12-2017 | full format | 26-05-2018 | 2018-14100341 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-19700386 | |
| 31-12-2015 | full format | 29-05-2016 | 2016-13900401 | |
| 31-12-2014 | full format | 22-05-2015 | 2015-12900350 | |
| 31-12-2013 | full format | 25-05-2014 | 2014-13700113 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 52,059 | 16,763 | 23,541 | 34,696 | 3,871 | 3,421 | -750 | 1,365 | -3,071 | 20,151 | 43,856 | 50,427 | 46,708 | ||
| 42,404 | 7,649 | 31,327 | 34,634 | -978 | 1,773 | -798 | 1,317 | -5,355 | 13,466 | 35,305 | 42,306 | 38,827 | ||
| -0 | 290,462 | 141,074 | 89,180 | 2,893 | 7,000 | 0 | 4,300 | -2,976 | -35,045 | 43,782 | 0 | 226,834 | ||
| 1,167 | 4,066 | -14,344 | 13,552 | 748 | -204 | 484 | - | - | 5,657 | -5,746 | -7,317 | - | ||
| -64,954 | -132,824 | -28,906 | -123,891 | -69,346 | -72,339 | -70,978 | -70,180 | -67,197 | -25,907 | -54,435 | -70,979 | -93,128 | ||
| 1.0% | -6.1% | -26.9% | -26.5% | -159.7% | -73.2% | -34.6% | -1.8% | 17.2% | 23.4% | 23.8% | 19.2% | 10.1% | ||
| 0.47 | 0.12 | 0.28 | 0.21 | 0.15 | 0.08 | 0.02 | 0.01 | 0.00 | 0.57 | 0.15 | 0.19 | 0.20 | ||
| 0.43 | 0.12 | 0.28 | 0.21 | 0.11 | 0.08 | 0.02 | 0.01 | 0.00 | 0.57 | 0.15 | 0.19 | 0.20 | ||
| - | - | - | - | - | - | - | - | 4.81 | 3.28 | 3.19 | 4.20 | 8.93 | ||
| 704.2% | - | - | - | - | - | - | - | -173.5% | -26.2% | 11.7% | 37.5% | 44.4% | ||
| 6.8% | -3.4% | 76.6% | 14.0% | -54.8% | -32.0% | -32.2% | -22.0% | -29.8% | -6.1% | 2.8% | 7.2% | 4.5% | ||
| 5.39 | 1.84 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €329,203, equity €3,157).
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 | - | €290,462 | €31,074 | €8,930 | €2,893 |
| Intangible fixed assets | - | - | €110,000 | - | - |
| Financial fixed assets | - | - | - | €80,250 | - |
| €20,173 | €18,143 | €6,918 | €17,178 | €16,335 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FS TECHNICAL
The operating result for 2025 is a profit of €31,886, after a loss of €1,380 in 2024. It is the highest result since 2013.
Debt's share of the balance-sheet total is 99.0%.