Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-06-2026 at the NBB all 2 filings
Equity
€125,383▲ 58.5%
2024 · €79,084
Net result
€46,299▼ 37.5%
2024 · €74,084
Total assets
€170,232▲ 51.0%
2024 · €112,738
Solvency
73.7%▲ 3.5pp
2024 · 70.1%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€58,197
▼ 37.4%
2025
20242025
Net result
€46,299
▼ 37.5%
2025
middle half of the sector
20242025
Equity
€125,383
▲ 58.5%
2025
middle half of the sector
20242025
Total assets
€170,232
▲ 51.0%
2025
middle half of the sector
20242025
Debt
€44,849
▲ 33.3%
2025
20242025
Working capital
€125,383
▲ 58.5%
2025
middle half of the sector
20242025
Solvency
73.7%
▲ 3.5pp
2025
middle half of the sector
20242025
Current ratio
3.80
▲ 0.45
2025
middle half of the sector
20242025
Return on assets (ROA)
27.2%
▼ 38.5pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€92,941-€58,197▼ 37.4%
Net result€74,084within the sector's middle half-€46,299within the sector's middle half▼ 37.5%
Equity€79,084within the sector's middle half-€125,383within the sector's middle half▲ 58.5%
Total assets€112,738below the sector's middle half-€170,232within the sector's middle half▲ 51.0%
Debt€33,654-€44,849▲ 33.3%
Working capital€79,084within the sector's middle half-€125,383within the sector's middle half▲ 58.5%
Solvency70.1%within the sector's middle half-73.7%within the sector's middle half▲ 3.5pp
Current ratio3.35within the sector's middle half-3.80within the sector's middle half▲ 0.45
Return on assets (ROA)65.7%above the sector's middle half-27.2%above the sector's middle half▼ 38.5pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 37% lower than in 2024.
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
Equity and liabilities €170,232
Equity
€125,383 ▲ 58.5%
Debt
€44,849 ▲ 33.3%
Debt's share of the balance-sheet total falls from 29.9% to 26.3%. Equity and debt are higher.
Key figures and ratios
ROE
36.9%▼
2024 · 93.7%
Debt ≤ 1 year
€44,849▲
2024 · €33,654
Income taxes
€11,697▼
2024 · €18,574
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,183 | €0 | ▼ 100% |
| Other operating charges640/8 | €459 | €887 | ▲ 93.3% |
| Gross operating margin9900 | €95,584 | €59,084 | ▼ 38.2% |
| Operating profit (loss)9901 | €92,941 | €58,197 | ▼ 37.4% |
| Financial charges65/66B | €283 | €201 | ▼ 29.2% |
| Recurring financial charges65 | €283 | €201 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | €92,658 | €57,996 | ▼ 37.4% |
| Income taxes67/77 | €18,574 | €11,697 | ▼ 37.0% |
| Profit (loss) for the period9904 | €74,084 | €46,299 | ▼ 37.5% |
| Profit (loss) for the period to be appropriated9905 | €74,084 | €46,299 | ▼ 37.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €112,738 | €170,232 | ▲ 51.0% |
| Current assets29/58 | €112,738 | €170,232 | ▲ 51.0% |
| Amounts receivable after more than one year29 | €93,800 | €157,720 | ▲ 68.1% |
| Other amounts receivable291 | €93,800 | €157,720 | ▲ 68.1% |
| Amounts receivable within one year40/41 | €10,120 | €5,030 | ▼ 50.3% |
| Trade receivables40 | €10,120 | €5,030 | ▼ 50.3% |
| Cash at bank and in hand54/58 | €8,818 | €7,482 | ▼ 15.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €112,738 | €170,232 | ▲ 51.0% |
| Equity10/15 | €79,084 | €125,383 | ▲ 58.5% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €74,084 | €120,383 | ▲ 62.5% |
| Distributable reserves133 | €74,084 | €120,383 | ▲ 62.5% |
| Amounts payable17/49 | €33,654 | €44,849 | ▲ 33.3% |
| Amounts payable within one year42/48 | €33,654 | €44,849 | ▲ 33.3% |
| Trade debts44 | €1,763 | €1,665 | ▼ 5.5% |
| Suppliers440/4 | €1,763 | €1,665 | ▼ 5.5% |
| Taxes, remuneration and social security45 | €24,528 | €34,339 | ▲ 40.0% |
| Taxes450/3 | €24,528 | €34,339 | ▲ 40.0% |
| Other amounts payable47/48 | €7,364 | €8,844 | ▲ 20.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €74,084 | €46,299 | ▼ 37.5% |
| + Depreciation and write-downs630 | €2,183 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €76,267 | €46,299 | ▼ 39.3% |
| Change in cash | - | -€1,336 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.