Financials · financial year 2025, full format
2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00380562.
Annual accounts 2025 filed on 03-08-2026 PDF
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€83,277
Working capital
€1.4m
Balance-sheet composition
Assets €7.1m
Fixed assets
€5.7m
Current assets
€1.4m
Equity and liabilities €7.1m
Equity
€8,641
Debt
€7.1m
Debt's share of the balance-sheet total is 99.9%.
Key figures and ratios
ROE
-963.7%
ROA
-1.2%
Debt ≤ 1 year
€9,713
Debt > 1 year
€7.1m
A ratio outside any meaningful range has been withheld (balance sheet total €7.1m, equity €8,641).
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €8,406 |
| Financial fixed assets | €5.7m |
| Depreciation and write-downs of the year | €1,120 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Non-recurring operating income76A | €665,791 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,120 |
| Other operating charges640/8 | €1,356 |
| Gross operating margin9900 | -€286,855 |
| Operating profit (loss)9901 | -€289,331 |
| Financial income75/76B | €510,186 |
| Recurring financial income75 | €510,186 |
| Financial charges65/66B | €304,132 |
| Recurring financial charges65 | €304,132 |
| Profit (loss) for the period before taxes9903 | -€83,277 |
| Profit (loss) for the period9904 | -€83,277 |
| Profit (loss) for the period to be appropriated9905 | -€83,277 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €7.1m | |
| Fixed assets21/28 | €5.7m | |
| Tangible fixed assets22/27 | €0.007m | |
| Furniture and vehicles24 | €0.007m | |
| Financial fixed assets28 | €5.7m | |
| Current assets29/58 | €1.4m | |
| Amounts receivable within one year40/41 | €0.05m | |
| Trade receivables40 | €0.003m | |
| Other amounts receivable41 | €0.05m | |
| Cash at bank and in hand54/58 | €1.3m | |
| Deferred charges and accrued income490/1 | €0.002m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €7.1m | |
| Equity10/15 | €0.009m | |
| Contributions10/11 | €0.06m | |
| Capital10 | €0.06m | |
| Issued capital100 | €0.06m | |
| Reserves13 | €0.006m | |
| Non-distributable reserves130/1 | €0.006m | |
| Legal reserve130 | €0.006m | |
| Profit (loss) carried forward14 | -€0.06m | |
| Amounts payable17/49 | €7.1m | |
| Amounts payable after more than one year17 | €7.1m | |
| Financial debts170/4 | €7.1m | |
| Amounts payable within one year42/48 | €0.01m | |
| Financial debts43 | €69 | |
| Credit institutions430/8 | €69 | |
| Trade debts44 | €0.01m | |
| Suppliers440/4 | €0.01m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€83,277 |
| + Depreciation and write-downs630 | €1,120 |
| Operating cash flow (approximation) | -€82,157 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 03-08-2026 | 2026-00380562 |