HEADD
Annual accounts 2025
micro format, filed on 08-07-2026, 23 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 ≈ €110,000. Estimated: probably between €64,000 and €180,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €318,579 on 31-12-2025in euro
in euro
Position in the sector
1.5%
Higher than 17% of 2,487 companies in 2025.
0.08
Lower than 95% of 2,350 companies in 2025.
0.8%
Higher than 36% of 2,395 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 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
318,579 | 343,476 | 391,928 | 420,291 | 447,525 | 477,784 | 293,400 | 266,552 | 278,605 | 282,429 | 297,324 | 307,829 | 319,474 | 334,263 | 279,029 | 286,904 | 318,833 | 317,806 | 338,018 | |
21/28 |
303,575 | 333,652 | 363,877 | 394,089 | 425,042 | 449,480 | 285,858 | 263,565 | 275,246 | 280,477 | 292,606 | 304,735 | 316,864 | 323,128 | 270,482 | 280,061 | 286,994 | 303,288 | 312,128 | |
21 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
303,575 | 333,652 | 363,877 | 394,089 | 425,042 | 449,480 | 285,858 | 263,565 | 275,246 | 280,477 | 292,606 | 304,735 | 316,864 | 323,128 | 270,482 | 280,061 | 286,994 | 303,288 | 312,128 | |
22 |
303,575 | 333,652 | 363,877 | 394,021 | 424,752 | 448,968 | 285,858 | 255,040 | 264,957 | 274,874 | 284,790 | 294,707 | 304,624 | 314,541 | 260,535 | 268,515 | 276,495 | 284,474 | 292,454 | |
23 |
- | - | - | - | - | - | - | 8,525 | 10,289 | 5,603 | 7,060 | 8,331 | 9,761 | 5,327 | 6,170 | 7,014 | 5,211 | - | - | |
24 |
- | - | 0 | 68 | 290 | 512 | - | - | - | - | - | 186 | 212 | 239 | - | - | - | - | 105 | |
26 |
- | - | - | - | - | - | - | - | - | - | 755 | 1,511 | 2,266 | 3,022 | 3,777 | 4,533 | 5,288 | 6,043 | 6,799 | |
29/58 |
15,004 | 9,824 | 28,050 | 26,201 | 22,483 | 28,304 | 7,542 | 2,987 | 3,359 | 1,952 | 4,718 | 3,094 | 2,610 | 11,135 | 8,546 | 6,842 | 31,840 | 14,518 | 25,890 | |
3 |
5,277 | 3,453 | 3,576 | 5,992 | 1,376 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
5,277 | 3,453 | 3,576 | 5,992 | 1,376 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
3,104 | 5,247 | 3,234 | 5,323 | 2,119 | 9,723 | 293 | 2,253 | 2,625 | 1,217 | 1,483 | 1,210 | 726 | 9,226 | 7,787 | 6,084 | 27,729 | 13,508 | 24,416 | |
40 |
1,985 | 2,605 | 2,314 | 5,196 | 1,991 | 4,492 | 166 | - | - | - | 1,210 | 1,210 | 726 | 439 | 1,210 | - | 8,442 | 13,508 | 24,416 | |
41 |
1,120 | 2,643 | 920 | 128 | 128 | 5,231 | 127 | 2,253 | 2,625 | 1,217 | 273 | - | - | 8,787 | 6,577 | 6,084 | 19,287 | - | - | |
54/58 |
6,623 | 1,124 | 21,240 | 14,886 | 17,722 | 18,581 | 7,249 | 734 | 734 | 734 | 734 | 734 | 734 | 1,909 | 759 | 759 | 4,110 | 1,010 | 1,125 | |
490/1 |
- | - | - | - | 1,266 | - | - | - | - | - | 2,500 | 1,150 | 1,150 | - | - | - | - | - | 350 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
318,579 | 343,476 | 391,928 | 420,291 | 447,525 | 477,784 | 293,400 | 266,552 | 278,605 | 282,429 | 297,324 | 307,829 | 319,474 | 334,263 | 279,029 | 286,904 | 318,833 | 317,806 | 338,018 | |
10/15 |
4,794 | 2,266 | 14,856 | 3,041 | 43,354 | 41,398 | 61,165 | 46,912 | 42,025 | 36,898 | 32,556 | 27,521 | 36,537 | 23,630 | 16,915 | 17,895 | 27,420 | -2,059 | -19,402 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
- | - | - | - | 24,762 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
133 |
- | - | - | - | 24,762 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-13,798 | -16,326 | -3,736 | -15,551 | - | 20,946 | 40,713 | 26,460 | 21,573 | 16,446 | 12,104 | 7,069 | 16,085 | 3,178 | -3,537 | -2,557 | 6,968 | -22,511 | -39,854 | |
17/49 |
313,785 | 341,210 | 377,072 | 417,250 | 404,171 | 436,386 | 232,235 | 219,640 | 236,580 | 245,530 | 264,768 | 280,309 | 282,937 | 310,633 | 262,114 | 269,008 | 291,413 | 319,865 | 357,420 | |
17 |
131,394 | 145,136 | 169,676 | 197,335 | 173,672 | 186,420 | 129,469 | 133,735 | 153,599 | 173,635 | 192,406 | 210,569 | 213,858 | 227,321 | 240,096 | 252,182 | 263,686 | 280,161 | 294,980 | |
170/4 |
131,394 | 145,136 | 169,676 | 197,335 | 173,672 | 186,420 | 129,469 | 133,735 | 153,599 | 173,635 | 192,406 | 210,569 | 213,858 | 227,321 | 240,096 | 252,182 | 263,686 | 280,161 | 294,980 | |
42/48 |
182,392 | 196,075 | 206,500 | 219,914 | 229,899 | 245,966 | 102,766 | 85,905 | 81,568 | 70,745 | 71,212 | 69,740 | 69,079 | 83,312 | 22,018 | 16,826 | 27,727 | 39,704 | 62,026 | |
42 |
28,372 | 24,761 | 27,659 | 27,511 | 15,614 | 15,474 | 24,259 | 19,868 | 19,592 | 18,584 | 18,349 | 18,147 | 13,463 | 12,775 | 12,086 | 11,504 | 10,916 | 14,820 | 13,986 | |
43 |
- | - | - | - | - | - | - | 3,659 | 4,944 | 4,426 | 3,754 | 3,579 | 2,145 | 1,958 | 3,391 | 5,322 | - | - | 3,616 | |
430/8 |
- | - | - | - | - | - | - | 3,659 | 4,944 | 4,426 | 3,754 | 3,579 | 2,145 | 1,958 | 3,391 | 5,322 | - | - | 3,616 | |
44 |
3,471 | 2,472 | 4,875 | 1,587 | 1,881 | 2,582 | 4,991 | 1,723 | 739 | 3,643 | 1,550 | 355 | 293 | 968 | 1,541 | - | 2,223 | 3,773 | 5,738 | |
440/4 |
3,471 | 2,472 | 4,875 | 1,587 | 1,881 | 2,582 | 4,991 | 1,723 | 739 | 3,643 | 1,550 | 355 | 293 | 968 | 1,541 | - | 2,223 | 3,773 | 5,738 | |
45 |
1,500 | 1,620 | 2,696 | 1,994 | 1,884 | 6,638 | 11,469 | 2,249 | 2,987 | 600 | - | 800 | 1,479 | 4,612 | - | - | 2,778 | 5,224 | 3,054 | |
450/3 |
- | 120 | 1,205 | 520 | 420 | 6,638 | 11,469 | 2,249 | 2,987 | 600 | - | 800 | 1,479 | 4,612 | - | - | 2,778 | 5,224 | 413 | |
454/9 |
1,500 | 1,500 | 1,491 | 1,474 | 1,465 | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,641 | |
47/48 |
149,048 | 167,222 | 171,270 | 188,823 | 210,519 | 221,272 | 62,047 | 58,406 | 53,306 | 43,493 | 47,558 | 46,859 | 51,699 | 63,000 | 5,000 | - | 11,810 | 15,887 | 35,633 | |
492/3 |
- | - | 896 | - | 600 | 4,000 | - | - | 1,413 | 1,150 | 1,150 | - | - | - | - | - | - | - | 414 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,426 | |
9900 |
38,615 | 22,898 | 47,451 | -2,514 | 37,215 | 35,653 | 40,766 | 23,050 | 25,149 | 22,834 | 24,411 | 30,670 | 38,983 | 32,325 | 25,106 | 20,209 | 59,675 | 46,210 | -2,468 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47,950 | |
630 |
30,077 | 30,225 | 30,212 | 30,953 | 30,722 | 27,971 | 15,914 | 11,681 | 11,681 | 12,129 | 12,129 | 12,129 | 12,129 | 11,542 | 9,579 | 9,579 | 9,314 | 8,840 | 15,102 | |
631/4 |
- | - | - | - | - | - | - | - | - | -4,114 | - | - | - | - | - | 4,114 | - | - | - | |
640/8 |
2,153 | 1,157 | 1,118 | 3,054 | 1,171 | 22,316 | 1,038 | 1,006 | 828 | 1,112 | 1,462 | 1,134 | 1,125 | 849 | 2,013 | 1,071 | 4,936 | 1,550 | 1,493 | |
66A |
- | - | - | - | - | - | - | - | 943 | 4,114 | - | - | - | - | - | - | - | - | 487 | |
9901 |
6,384 | -8,484 | 16,121 | -36,521 | 5,322 | -14,634 | 23,814 | 10,363 | 11,697 | 9,593 | 10,820 | 17,407 | 25,729 | 19,934 | 13,514 | 5,446 | 45,425 | 35,821 | -19,063 | |
75/76B |
28 | 2 | 25 | 111 | 0 | 4 | - | - | 16 | - | - | - | 1 | 63 | 0 | - | 4 | 243 | 16 | |
75 |
28 | 2 | 25 | 111 | 0 | 4 | - | - | 16 | - | - | - | 1 | 63 | 0 | - | 4 | 243 | 16 | |
65/66B |
3,885 | 4,108 | 4,330 | 3,903 | 3,366 | 5,137 | 2,923 | 3,296 | 4,199 | 4,651 | 5,785 | 26,423 | 12,836 | 13,282 | 14,495 | 14,970 | 15,950 | 18,720 | 18,467 | |
65 |
3,885 | 4,108 | 4,330 | 3,903 | 3,366 | 5,137 | 2,923 | 3,296 | 4,199 | 4,651 | 5,785 | 26,423 | 12,836 | 13,282 | 14,495 | 14,970 | 15,950 | 18,720 | 18,467 | |
9903 |
2,528 | -12,590 | 11,815 | -40,313 | 1,956 | -19,767 | 20,891 | 7,067 | 7,514 | 4,943 | 5,035 | -9,016 | 12,894 | 6,715 | -981 | -9,525 | 29,479 | 17,343 | -38,000 | |
67/77 |
- | - | - | - | - | - | 6,638 | 2,180 | 2,387 | 600 | - | - | -13 | - | - | - | - | - | - | |
9904 |
2,528 | -12,590 | 11,815 | -40,313 | 1,956 | -19,767 | 14,253 | 4,887 | 5,127 | 4,343 | 5,035 | -9,016 | 12,907 | 6,715 | -981 | -9,525 | 29,479 | 17,343 | -38,000 | |
9905 |
2,528 | -12,590 | 11,815 | -40,313 | 1,956 | -19,767 | 14,253 | 4,887 | 5,127 | 4,343 | 5,035 | -9,016 | 12,907 | 6,715 | -981 | -9,525 | 29,479 | 17,343 | -38,000 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-13,798 | -16,326 | -3,736 | -40,313 | 22,902 | 20,946 | 40,713 | 26,460 | 21,573 | 16,446 | 12,104 | 7,069 | 16,085 | 3,178 | -3,537 | -2,557 | 6,968 | -22,511 | -39,854 | |
14P |
-16,326 | -3,736 | -15,551 | - | 20,946 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 24,762 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 22,902 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | 22,902 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 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 08-07-2026.
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 | 08-07-2026 | 2026-00266720 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00279367 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00225137 | |
| 31-12-2022 | micro format | 07-07-2023 | 2023-00213012 | |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20184462 | |
| 31-12-2020 | micro format | 12-07-2021 | 2021-35400090 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35600184 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-35300158 | |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37800594 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-26100408 | |
| 31-12-2015 | abbreviated format | 08-07-2016 | 2016-29600109 | |
| 31-12-2014 | abbreviated format | 29-07-2015 | 2015-36400397 | |
| 31-12-2013 | abbreviated format | 17-07-2014 | 2014-31800130 | |
| 31-12-2012 | abbreviated format | 10-07-2013 | 2013-29400507 | |
| 31-12-2011 | abbreviated format | 25-07-2012 | 2012-34400157 | |
| 31-12-2010 | abbreviated format | 26-07-2011 | 2011-34300308 | |
| 31-12-2009 | abbreviated format | 27-07-2010 | 2010-35000424 | |
| 31-12-2008 | abbreviated format | 28-07-2009 | 2009-49100071 | |
| 31-12-2007 | abbreviated format | 30-07-2008 | 2008-51400263 | |
| 31-12-2006 | abbreviated format | 30-07-2007 | 2007-48900240 | |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-67900033 | |
| 31-12-2004 | abbreviated format | 27-07-2005 | 2005-54600203 | |
| 31-12-2003 | abbreviated format | 27-07-2004 | 2004-49600275 | |
| 31-12-2002 | abbreviated format | 25-09-2003 | 2003-68600075 | |
| 31-12-2001 | abbreviated format | 01-08-2002 | 2002-44300122 | |
| 31-12-2000 | abbreviated format | 05-09-2001 | 2001-53200284 |
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 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,461 | 21,741 | 46,333 | -5,568 | 36,044 | 13,337 | 39,728 | 22,044 | 23,378 | 21,722 | 22,949 | 29,536 | 37,858 | 31,476 | 23,093 | 15,024 | 54,739 | 44,660 | -3,960 | ||
| 32,605 | 17,635 | 42,027 | -9,360 | 32,678 | 8,204 | 30,167 | 16,568 | 16,808 | 16,472 | 17,164 | 3,113 | 25,036 | 18,257 | 8,598 | 54 | 38,793 | 26,183 | -22,898 | ||
| 0 | 0 | 0 | 0 | 6,284 | 191,593 | 38,207 | 0 | 7,393 | 0 | 0 | 0 | 5,865 | 64,188 | 0 | 2,647 | 5,790 | 0 | 7,554 | ||
| 5,499 | -20,117 | 6,355 | -2,836 | -859 | 11,332 | 6,515 | 0 | -0 | 0 | 0 | 0 | -1,175 | 1,150 | 0 | -3,352 | 3,101 | -115 | - | ||
| -167,388 | -186,251 | -178,449 | -193,713 | -207,416 | -217,662 | -95,224 | -82,918 | -78,209 | -68,794 | -66,494 | -66,645 | -66,469 | -72,177 | -13,472 | -9,984 | 4,113 | -25,186 | -36,136 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -69.5% | ||
| 1.5% | 0.7% | 3.8% | 0.7% | 9.7% | 8.7% | 20.8% | 17.6% | 15.1% | 13.1% | 10.9% | 8.9% | 11.4% | 7.1% | 6.1% | 6.2% | 8.6% | -0.6% | -5.7% | ||
| 0.08 | 0.05 | 0.14 | 0.12 | 0.10 | 0.12 | 0.07 | 0.03 | 0.04 | 0.03 | 0.07 | 0.04 | 0.04 | 0.13 | 0.39 | 0.41 | 1.15 | 0.37 | 0.42 | ||
| 0.05 | 0.03 | 0.12 | 0.09 | 0.09 | 0.12 | 0.07 | 0.03 | 0.04 | 0.03 | 0.07 | 0.04 | 0.04 | 0.13 | 0.39 | 0.41 | 1.15 | 0.37 | 0.42 | ||
| 65.45 | - | 25.38 | - | 9.32 | 10.54 | 3.80 | 4.68 | 5.63 | 6.65 | 8.13 | 10.19 | 7.74 | 13.15 | 15.50 | 15.03 | 10.63 | - | - | ||
| 52.7% | -555.6% | 79.5% | - | 4.5% | -47.7% | 23.3% | 10.4% | 12.2% | 11.8% | 15.5% | -32.8% | 35.3% | 28.4% | -5.8% | -53.2% | 107.5% | - | - | ||
| 0.8% | -3.7% | 3.0% | -9.6% | 0.4% | -4.1% | 4.9% | 1.8% | 1.8% | 1.5% | 1.7% | -2.9% | 4.0% | 2.0% | -0.4% | -3.3% | 9.2% | 5.5% | -11.2% | ||
| 9.39 | 5.29 | 10.70 | -1.43 | 10.71 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 325 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44 days |
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €188,000 | €188,000 | €188,000 | €188,000 | €188,000 |
| Carrying value of the mortgaged assets | €303,575 | €333,652 | €363,877 | €394,021 | €424,752 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €6,284 |
| €30,077 | €30,225 | €30,212 | €30,953 | €30,722 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on HEADD
The operating result for 2025 is a profit of €6,384, after a loss of €8,484 in 2024.
Debt's share of the balance-sheet total falls from 99.3% to 98.5%. Equity is higher and debt is lower.