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Dissolution or liquidationFinancials · financial year 2025, micro format
2025 annual accounts filed late (34 days) Filed on 3 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506563.
Equity
-€1.1m▼ 0.1%
2024 · -€1.1m
Total assets
€63,653▼ 1.1%
2024 · €64,339
Net result
-€686▲ 29.8%
2022 · -€977
Working capital
-€489,558▼ 0.1%
2024 · -€488,872
Trend over the years
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result is -€686 in 2025, compared with -€977 in 2022. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.001m
2025
Net result-€0.001m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.06m
2025
Equity-€1.1m
2025
Debt€1.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.5m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220242025
Operating result€0.2m--€0.01m€0.3m-€0.004m-€0.001m▲ 73.8%-€0.001m
Net result-€0.3m--€0.01m▲ 96.7%€0.3m-€0.004m-€0.001m▲ 73.8%-€0.001m
Equity-€1.4m--€1.4m▼ 0.8%-€1.1m▲ 18.8%-€1.1m▼ 0.3%-€1.1m▼ 0.1%-€1.1m--€1.1m▼ 0.1%
Total assets€0.2m-€0.2m▼ 6.5%€0.07m▼ 58.6%€0.06m▼ 6.1%€0.06m▲ 0.8%€0.06m-€0.06m▼ 1.1%
Debt€1.5m-€1.5m▼ 0.1%€1.2m▼ 23.4%€1.2m=€1.2m▲ 0.1%€1.2m-€1.2m=
Working capital-€0.5m--€0.5m▼ 2.2%-€0.5m▼ 1.0%-€0.5m▼ 0.8%-€0.5m▼ 0.2%-€0.5m--€0.5m▼ 0.1%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Current ratio
0.12▼
2024 · 0.12
ROA
-1.1%
Debt ≤ 1 year
€553,211=
2024 · €553,211
Debt > 1 year
€608,164=
2024 · €608,164
A ratio outside any meaningful range has been withheld (balance sheet total €63,653, equity -€1.1m).
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | €290,091 | -€10,376 | €340,147 | -€3,729 | -€977 | - | -€686 | - |
| Operating profit (loss)9901 | €248,404 | -€10,408 | €257,103 | -€3,729 | -€977 | - | -€686 | - |
| Recurring financial income75 | €101 | €104 | €87 | - | - | - | - | - |
| Recurring financial charges65 | €678,334 | - | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€429,829 | -€10,304 | €257,190 | -€3,729 | -€977 | - | -€686 | - |
| Income taxes67/77 | -€122,240 | - | €26 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€307,589 | -€10,304 | €257,164 | -€3,729 | -€977 | - | -€686 | - |
| Profit (loss) for the period to be appropriated9905 | -€307,589 | -€10,304 | €257,164 | -€3,729 | -€977 | - | -€686 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 1.1% |
| Fixed assets21/28 | €0.08m | €0.08m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.08m | €0.08m | - | - | - | - | - | - |
| Current assets29/58 | €0.09m | €0.08m | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 1.1% |
| Amounts receivable within one year40/41 | €0.001m | €85 | €31 | €31 | €31 | €31 | €31 | = |
| Other amounts receivable41 | - | - | - | €31 | €31 | €31 | €31 | = |
| Cash at bank and in hand54/58 | €0.09m | €0.08m | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 1.1% |
| Deferred charges and accrued income490/1 | - | - | - | €106 | €106 | €106 | €106 | = |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 1.1% |
| Equity10/15 | -€1.4m | -€1.4m | -€1.1m | -€1.1m | -€1.1m | -€1.1m | -€1.1m | ▼ 0.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€1.4m | -€1.4m | -€1.1m | -€1.1m | -€1.1m | -€1.1m | -€1.1m | ▼ 0.1% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Environmental obligations163 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Amounts payable17/49 | €1.5m | €1.5m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Amounts payable after more than one year17 | €1.0m | €1.0m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Financial debts170/4 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Financial debts43 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Credit institutions430/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Suppliers440/4 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Taxes450/3 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€307,589 | -€10,304 | €257,164 | -€3,729 | -€977 | - | -€686 | - |
| Operating cash flow (approximation) | -€307,589 | -€10,304 | €257,164 | -€3,729 | -€977 | - | -€686 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - |
| Change in cash | - | -€10,934 | -€13,811 | -€4,159 | €523 | - | -€686 | - |
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 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-09-2026 | 2026-00506563 |
| 31-12-2024 | micro format | 26-09-2025 | 2025-00504520 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00387318 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20387070 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-64300292 |
| 31-12-2019 | micro format | 11-12-2020 | 2020-75700438 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-62900592 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61900462 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58500421 |
| 31-12-2015 | full format | 07-10-2016 | 2016-65100599 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.