GET IT !
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-03-2026 PDF all 11 filings
Turnover
≈ €33,000
Estimated: probably between €14,000 and €54,000
Total assets
€23,078▼ 19.1%
2024 · €28,542
Net result
€2,747▼ 73.2%
2024 · €10,256
Working capital
-€14,943▲ 17.7%
2024 · -€18,158
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€4,478
▼ 57.3%
2025
20192025
Net result
€2,747
▼ 73.2%
2025
middle half of the sector
20192025
Equity
-€13,397
▲ 17.0%
2025
lowest quarter of the sector
20192025
Total assets
€23,078
▼ 19.1%
2025
lowest quarter of the sector
20192025
Debt
€36,475
▼ 18.4%
2025
20192025
Working capital
-€14,943
▲ 17.7%
2025
lowest quarter of the sector
20192025
Solvency
-58.1%
▼ 1.5pp
2025
lowest quarter of the sector
20192025
Current ratio
0.59
=
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
11.9%
▼ 24.0pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€37,239--€47,227▼ 26.8%-€15,631▲ 66.9%€14,349€38,784▲ 170%€10,488▼ 73.0%€4,478▼ 57.3%
Net result-€37,736--€49,694below the sector's middle half▼ 31.7%-€17,528below the sector's middle half▲ 64.7%€14,258within the sector's middle half€38,376within the sector's middle half▲ 169%€10,256within the sector's middle half▼ 73.3%€2,747within the sector's middle half▼ 73.2%
Equity-€11,812--€61,506below the sector's middle half▼ 421%-€79,034below the sector's middle half▼ 28.5%-€64,776below the sector's middle half▲ 18.0%-€26,400below the sector's middle half▲ 59.2%-€16,144below the sector's middle half▲ 38.8%-€13,397below the sector's middle half▲ 17.0%
Total assets€20,140-€16,188below the sector's middle half▼ 19.6%€16,930below the sector's middle half▲ 4.6%€19,929below the sector's middle half▲ 17.7%€32,950below the sector's middle half▲ 65.3%€28,542below the sector's middle half▼ 13.4%€23,078below the sector's middle half▼ 19.1%
Debt€31,952-€77,694▲ 143%€95,964▲ 23.5%€84,705▼ 11.7%€59,350▼ 29.9%€44,686▼ 24.7%€36,475▼ 18.4%
Working capital-€21,879--€64,670below the sector's middle half▼ 196%-€81,509below the sector's middle half▼ 26.0%-€67,925below the sector's middle half▲ 16.7%-€28,981below the sector's middle half▲ 57.3%-€18,158below the sector's middle half▲ 37.3%-€14,943below the sector's middle half▲ 17.7%
Solvency-58.6%--379.9%below the sector's middle half▼ 321.3pp-466.8%below the sector's middle half▼ 86.9pp-325.0%below the sector's middle half▲ 141.8pp-80.1%below the sector's middle half▲ 244.9pp-56.6%below the sector's middle half▲ 23.6pp-58.1%below the sector's middle half▼ 1.5pp
Current ratio0.32-0.17below the sector's middle half▼ 0.150.15below the sector's middle half▼ 0.020.20below the sector's middle half▲ 0.050.51below the sector's middle half▲ 0.310.59below the sector's middle half▲ 0.080.59below the sector's middle half=
Return on assets (ROA)-187.4%--307.0%below the sector's middle half▼ 119.6pp-103.5%below the sector's middle half▲ 203.4pp71.5%above the sector's middle half▲ 175.1pp116.5%above the sector's middle half▲ 44.9pp35.9%above the sector's middle half▼ 80.5pp11.9%within the sector's middle half▼ 24.0pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). 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 57% lower than in 2024. It is the second fall in a row.
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 €23,078
Fixed assets
€1,546 ▼ 23.2%
Current assets
€21,532 ▼ 18.8%
Equity and liabilities
Equity-€13,397
Debt€36,475
Equity is negative. Debt (€36,475) exceeds the balance-sheet total (€23,078).
Key figures and ratios
EBITDA
€4,946▼
2024 · €11,055
Cash flow
€3,215▼
2024 · €10,823
Interest coverage
2.80▼
2024 · 47.04
Debt ≤ 1 year
€36,475▼
2024 · €44,686
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,524 | - | - | - |
| Depreciation and write-downs of the year | €689 | €850 | €568 | €567 | €468 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,617 | €8,230 | €689 | €850 | €568 | €567 | €468 | ▼ 17.5% |
| Other operating charges640/8 | - | - | €77 | €497 | €2,536 | €1,668 | €285 | ▼ 82.9% |
| Gross operating margin9900 | -€9,798 | -€37,500 | -€14,865 | €15,696 | €41,888 | €12,723 | €5,231 | ▼ 58.9% |
| Operating profit (loss)9901 | -€37,239 | -€47,227 | -€15,631 | €14,349 | €38,784 | €10,488 | €4,478 | ▼ 57.3% |
| Financial income75/76B | - | - | - | €129 | €35 | €3 | €34 | ▲ 11× |
| Recurring financial income75 | €3 | - | - | €129 | €35 | €3 | €34 | ▲ 11× |
| Financial charges65/66B | - | - | €1,546 | €220 | €443 | €235 | €1,765 | ▲ 651% |
| Recurring financial charges65 | €405 | €215 | €1,546 | €220 | €443 | €235 | €1,765 | ▲ 651% |
| Profit (loss) for the period before taxes9903 | -€37,641 | -€47,442 | -€17,177 | €14,258 | €38,376 | €10,256 | €2,747 | ▼ 73.2% |
| Income taxes67/77 | €95 | €2,252 | €351 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€37,736 | -€49,694 | -€17,528 | €14,258 | €38,376 | €10,256 | €2,747 | ▼ 73.2% |
| Profit (loss) for the period to be appropriated9905 | -€37,736 | -€49,694 | -€17,528 | €14,258 | €38,376 | €10,256 | €2,747 | ▼ 73.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €20,140 | €16,188 | €16,930 | €19,929 | €32,950 | €28,542 | €23,078 | ▼ 19.1% |
| Fixed assets21/28 | €10,067 | €3,164 | €2,475 | €3,149 | €2,581 | €2,014 | €1,546 | ▼ 23.2% |
| Intangible fixed assets21 | €7,400 | - | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €2,667 | €3,164 | €2,475 | €3,149 | €2,581 | €2,014 | €1,546 | ▼ 23.2% |
| Plant, machinery and equipment23 | - | - | €580 | €198 | €99 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €1,895 | €2,951 | €2,482 | €2,014 | €1,546 | ▼ 23.2% |
| Current assets29/58 | €10,073 | €13,024 | €14,455 | €16,780 | €30,369 | €26,528 | €21,532 | ▼ 18.8% |
| Stocks and contracts in progress3 | €3,412 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €3,232 | €1,784 | €7,880 | €13,229 | €16,588 | €12,906 | €15,886 | ▲ 23.1% |
| Trade receivables40 | - | - | €7,880 | €13,229 | €16,557 | €12,875 | €15,831 | ▲ 23.0% |
| Other amounts receivable41 | - | - | - | - | €31 | €31 | €55 | ▲ 77.4% |
| Cash at bank and in hand54/58 | €3,429 | €11,240 | €6,575 | €3,551 | €13,770 | €13,622 | €5,646 | ▼ 58.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €11 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €20,140 | €16,188 | €16,930 | €19,929 | €32,950 | €28,542 | €23,078 | ▼ 19.1% |
| Equity10/15 | -€11,812 | -€61,506 | -€79,034 | -€64,776 | -€26,400 | -€16,144 | -€13,397 | ▲ 17.0% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €6,860 | €6,860 | €6,860 | €6,860 | €5,000 | €5,000 | €5,000 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€24,872 | -€74,566 | -€92,094 | -€77,836 | -€37,600 | -€27,344 | -€24,597 | ▲ 10.0% |
| Amounts payable17/49 | €31,952 | €77,694 | €95,964 | €84,705 | €59,350 | €44,686 | €36,475 | ▼ 18.4% |
| Amounts payable within one year42/48 | €31,952 | €77,694 | €95,964 | €84,705 | €59,350 | €44,686 | €36,475 | ▼ 18.4% |
| Current portion of amounts payable after more than one year42 | - | - | €7,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Trade debts44 | €10,721 | €42,568 | €17,995 | €18,241 | €18,582 | €22,394 | €25,408 | ▲ 13.5% |
| Suppliers440/4 | - | - | €17,995 | €18,241 | €18,582 | €22,394 | €25,408 | ▲ 13.5% |
| Taxes, remuneration and social security45 | - | - | €17,712 | €17,860 | €6,050 | €4,683 | €305 | ▼ 93.5% |
| Taxes450/3 | - | - | €8,537 | €8,685 | €3,900 | €3,533 | €305 | ▼ 91.4% |
| Remuneration and social security454/9 | - | - | €9,175 | €9,175 | €2,150 | €1,150 | - | - |
| Other amounts payable47/48 | - | - | €53,257 | €39,604 | €25,718 | €8,609 | €1,762 | ▼ 79.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€37,736 | -€49,694 | -€17,528 | €14,258 | €38,376 | €10,256 | €2,747 | ▼ 73.2% |
| + Depreciation and write-downs630 | €26,617 | €8,230 | €689 | €850 | €568 | €567 | €468 | ▼ 17.5% |
| Operating cash flow (approximation) | -€11,119 | -€41,464 | -€16,839 | €15,108 | €38,944 | €10,823 | €3,215 | ▼ 70.3% |
| Investment in fixed assets (approximation) | - | -€1,327 | €0 | -€1,524 | €0 | €0 | €0 | - |
| Change in cash | - | €7,811 | -€4,665 | -€3,024 | €10,219 | -€148 | -€7,976 | ▼ 5,289% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as GET IT ! has now. Two years later, 91.8% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
91.8%
was still going
4.8%
stopped otherwise
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GET IT ! itself is lower: 0.4% within 12 months. It rests on far more data about GET IT ! than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for GET IT !. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 31-03-2026 | 2026-00068181 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00089927 | |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00071050 | |
| 30-09-2022 | micro format | 30-04-2023 | 2023-00073245 | |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20015945 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-13200007 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10900153 | |
| 30-09-2018 | micro format | 29-03-2019 | 2019-08300487 | |
| 30-09-2017 | micro format | 30-03-2018 | 2018-08200024 | |
| 30-09-2016 | full format | 28-03-2017 | 2017-07300171 |