FUTURE CHOICE
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415069.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 13 filings
Equity
€16,698▼ 4.4%
2024 · €17,463
Total assets
€352,855▼ 0.2%
2024 · €353,416
Net result
-€765▼ 12.0%
2024 · -€683
Working capital
-€89,177▼ 0.9%
2024 · -€88,412
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €684, larger than the loss of €638 in 2024.
Operating result-€684
2025
Net result-€765
2025
Total assets€352,855
2025
Equity€16,698
2025
Debt€336,158
2025
Working capital-€89,177
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
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€20,414-€18,489▼ 9.4%€3,832▼ 79.3%-€1,244-€535▲ 57.0%-€1,677▼ 214%-€638▲ 61.9%-€684▼ 7.1%
Net result€18,839-€16,227▼ 13.9%€1,906▼ 88.3%-€1,289-€580▲ 55.1%-€1,722▼ 197%-€683▲ 60.3%-€765▼ 12.0%
Equity€3,604-€19,831▲ 450%€21,736▲ 9.6%€20,447▼ 5.9%€19,868▼ 2.8%€18,146▼ 8.7%€17,463▼ 3.8%€16,698▼ 4.4%
Total assets€354,804-€359,710▲ 1.4%€358,172▼ 0.4%€343,454▼ 4.1%€355,821▲ 3.6%€354,099▼ 0.5%€353,416▼ 0.2%€352,855▼ 0.2%
Debt€351,200-€339,880▼ 3.2%€336,435▼ 1.0%€323,007▼ 4.0%€335,953▲ 4.0%€335,953=€335,953=€336,158▲ 0.1%
Working capital-€66,280--€59,796▲ 9.8%-€84,139▼ 40.7%-€85,428▼ 1.5%-€86,007▼ 0.7%-€87,729▼ 2.0%-€88,412▼ 0.8%-€89,177▼ 0.9%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352,855
Fixed assets
€341,875 =
Current assets
€10,980 ▼ 4.9%
Equity and liabilities €352,855
Equity
€16,698 ▼ 4.4%
Debt
€336,158 ▲ 0.1%
Debt's share of the balance-sheet total rises from 95.1% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.11▼
2024 · 0.12
Debt to equity
20.13▲
2024 · 19.24
ROE
-4.6%▼
2024 · -3.9%
ROA
-0.2%▼
2024 · -0.2%
Debt ≤ 1 year
€100,158▲
2024 · €99,953
Debt > 1 year
€236,000=
2024 · €236,000
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 | - | - | - | €62 | €187 | €237 | €187 | €125 | ▼ 33.2% |
| Gross operating margin9900 | €20,662 | €18,701 | €3,894 | -€1,182 | -€348 | -€1,440 | -€451 | -€559 | ▼ 23.8% |
| Operating profit (loss)9901 | €20,414 | €18,489 | €3,832 | -€1,244 | -€535 | -€1,677 | -€638 | -€684 | ▼ 7.1% |
| Financial charges65/66B | - | - | - | €45 | €45 | €45 | €45 | €81 | ▲ 80.7% |
| Recurring financial charges65 | €1,575 | €1,689 | €1,232 | €45 | €45 | €45 | €45 | €81 | ▲ 80.7% |
| Profit (loss) for the period before taxes9903 | €18,839 | €16,800 | €2,600 | -€1,289 | -€580 | -€1,722 | -€683 | -€765 | ▼ 12.0% |
| Income taxes67/77 | - | €573 | €694 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €18,839 | €16,227 | €1,906 | -€1,289 | -€580 | -€1,722 | -€683 | -€765 | ▼ 12.0% |
| Profit (loss) for the period to be appropriated9905 | €18,839 | €16,227 | €1,906 | -€1,289 | -€580 | -€1,722 | -€683 | -€765 | ▼ 12.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €354,804 | €359,710 | €358,172 | €343,454 | €355,821 | €354,099 | €353,416 | €352,855 | ▼ 0.2% |
| Fixed assets21/28 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | = |
| Financial fixed assets28 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | €341,875 | = |
| Current assets29/58 | €12,929 | €17,835 | €16,297 | €1,579 | €13,946 | €12,224 | €11,541 | €10,980 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €11,428 | €14,917 | €15,486 | €918 | €13,215 | €11,523 | €10,823 | €10,223 | ▼ 5.5% |
| Other amounts receivable41 | - | - | - | €918 | €13,215 | €11,523 | €10,823 | €10,223 | ▼ 5.5% |
| Cash at bank and in hand54/58 | €1,501 | €2,918 | €811 | €661 | €731 | €701 | €718 | €757 | ▲ 5.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €354,804 | €359,710 | €358,172 | €343,454 | €355,821 | €354,099 | €353,416 | €352,855 | ▼ 0.2% |
| Equity10/15 | €3,604 | €19,831 | €21,736 | €20,447 | €19,868 | €18,146 | €17,463 | €16,698 | ▼ 4.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €160 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€14,996 | €1,071 | €1,276 | -€13 | -€592 | -€2,314 | -€2,997 | -€3,762 | ▼ 25.5% |
| Amounts payable17/49 | €351,200 | €339,880 | €336,435 | €323,007 | €335,953 | €335,953 | €335,953 | €336,158 | ▲ 0.1% |
| Amounts payable after more than one year17 | €271,991 | €262,248 | €236,000 | €236,000 | €236,000 | €236,000 | €236,000 | €236,000 | = |
| Financial debts170/4 | - | - | - | €236,000 | €236,000 | €236,000 | €236,000 | €236,000 | = |
| Amounts payable within one year42/48 | €79,209 | €77,631 | €100,435 | €87,007 | €99,953 | €99,953 | €99,953 | €100,158 | ▲ 0.2% |
| Trade debts44 | €3,472 | - | - | €1,133 | €785 | - | - | - | - |
| Suppliers440/4 | - | - | - | €1,133 | €785 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €85,874 | €99,168 | €99,953 | €99,953 | €100,158 | ▲ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,839 | €16,227 | €1,906 | -€1,289 | -€580 | -€1,722 | -€683 | -€765 | ▼ 12.0% |
| Operating cash flow (approximation) | €18,839 | €16,227 | €1,906 | -€1,289 | -€580 | -€1,722 | -€683 | -€765 | ▼ 12.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,417 | -€2,107 | -€150 | €71 | -€30 | €17 | €39 | ▲ 134% |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00415069 | NBB |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00454349 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00419509 | |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00330730 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20388953 | |
| 31-12-2020 | micro format | 16-11-2021 | 2021-77600125 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57300353 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-42600029 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-37300538 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52300513 |