I.D.E.A.
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486980.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 21 filings
Turnover
≈ €380,000
Estimated: probably between €340,000 and €480,000
Total assets
€618,899▲ 83.8%
2024 · €336,800
Net result
-€2,688
2024 · €12,582
Working capital
€30,860▼ 85.0%
2024 · €205,885
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€15,126
2025
20182025
Net result
-€2,688
2025
middle half of the sector
20182025
Equity
€118,787
▼ 2.2%
2025
highest quarter of the sector
20182025
Total assets
€618,899
▲ 83.8%
2025
highest quarter of the sector
20182025
Debt
€500,112
▲ 132%
2025
20182025
Working capital
€30,860
▼ 85.0%
2025
middle half of the sector
20182025
Solvency
19.2%
▼ 16.9pp
2025
middle half of the sector
20182025
Current ratio
1.32
▼ 1.54
2025
middle half of the sector
20182025
Return on assets (ROA)
-0.4%
▼ 4.2pp
2025
middle half of the sector
20182025
Staff (FTE)
14.4
▲ 11.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€5,545--€29,819▼ 438%-€39,231▼ 31.6%-€13,800▲ 64.8%-€25,254▼ 83.0%-€3,080▲ 87.8%€18,955-€15,126
Net result-€2,723--€24,975▼ 817%-€40,347below the sector's middle half▼ 61.5%-€4,245below the sector's middle half▲ 89.5%-€17,943below the sector's middle half▼ 323%€1,710within the sector's middle half€12,582within the sector's middle half▲ 636%-€2,688within the sector's middle half
Equity€280,406-€255,431▼ 8.9%€215,084above the sector's middle half▼ 15.8%€210,839above the sector's middle half▼ 2.0%€107,182above the sector's middle half▼ 49.2%€108,892above the sector's middle half▲ 1.6%€121,475above the sector's middle half▲ 11.6%€118,787above the sector's middle half▼ 2.2%
Total assets€337,850-€323,291▼ 4.3%€299,024above the sector's middle half▼ 7.5%€329,227above the sector's middle half▲ 10.1%€366,698above the sector's middle half▲ 11.4%€321,346above the sector's middle half▼ 12.4%€336,800above the sector's middle half▲ 4.8%€618,899above the sector's middle half▲ 83.8%
Debt€4,936-€15,352▲ 211%€83,940▲ 447%€118,387▲ 41.0%€259,515▲ 119%€212,454▼ 18.1%€215,325▲ 1.4%€500,112▲ 132%
Working capital€332,914-€307,939▼ 7.5%€195,094above the sector's middle half▼ 36.6%€182,845above the sector's middle half▼ 6.3%€223,754above the sector's middle half▲ 22.4%€208,172above the sector's middle half▼ 7.0%€205,885above the sector's middle half▼ 1.1%€30,860within the sector's middle half▼ 85.0%
Solvency83.0%-79.0%▼ 4.0pp71.9%above the sector's middle half▼ 7.1pp64.0%above the sector's middle half▼ 7.9pp29.2%within the sector's middle half▼ 34.8pp33.9%within the sector's middle half▲ 4.7pp36.1%within the sector's middle half▲ 2.2pp19.2%within the sector's middle half▼ 16.9pp
Current ratio68.44-21.06▼ 47.383.33above the sector's middle half▼ 17.722.85above the sector's middle half▼ 0.493.37above the sector's middle half▲ 0.523.69above the sector's middle half▲ 0.322.87above the sector's middle half▼ 0.821.32within the sector's middle half▼ 1.54
Return on assets (ROA)-0.8%--7.7%▼ 6.9pp-13.5%below the sector's middle half▼ 5.8pp-1.3%within the sector's middle half▲ 12.2pp-4.9%within the sector's middle half▼ 3.6pp0.5%within the sector's middle half▲ 5.4pp3.7%within the sector's middle half▲ 3.2pp-0.4%within the sector's middle half▼ 4.2pp
Staff (FTE)2.20.9below the sector's middle half▼ 59.1%4.4▲ 389%11▲ 150%10▼ 9.1%12.9▲ 29.0%14.4▲ 11.6%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). 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 a loss of €15,126, after a profit of €18,955 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
Assets €618,899
Fixed assets
€492,834 ▲ 24×
Current assets
€126,064 ▼ 60.1%
Equity and liabilities €618,899
Equity
€118,787 ▼ 2.2%
Debt
€500,112 ▲ 132%
Debt's share of the balance-sheet total rises from 63.9% to 80.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,187▼
2024 · €37,941
Cash flow
€5,251▼
2024 · €31,569
Quick ratio
1.20▼
2024 · 2.76
Debt to equity
4.21▲
2024 · 1.77
ROE
-2.3%▼
2024 · 10.4%
Interest coverage
-1.62▼
2024 · 15.47
Debt ≤ 1 year
€95,204▼
2024 · €110,325
Debt > 1 year
€404,908▲
2024 · €105,000
Income taxes
€2,392▼
2024 · €5,301
Staff costs
€147,589▲
2024 · €136,951
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 10 | 8 | 12 | 7 |
| full-time | - | 0 | 0 | 0 | 0 |
| part-time | 8 | 10 | 8 | 12 | 7 |
| in full-time equivalents | 2.2 | 2.5 | 3 | 3.8 | 2.7 |
| Average over the year, in full-time equivalents | 1.4 | 3.5 | 3.2 | 3.9 | 4.1 |
| On a permanent contract | 3 | 3 | 3 | 4 | 3 |
| Joined | 10 | 6 | 8 | 14 | 17 |
| Left | 3 | 3 | 10 | 10 | 22 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | - | - | €25,000 |
| Mortgage mandates | - | - | - | - | €388,000 |
| Carrying value of the mortgaged assets | - | - | - | - | €469,519 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,123 | €64,384 | €8,567 | €3,856 | €480,184 |
| Intangible fixed assets | €41,322 | - | - | - | - |
| Depreciation and write-downs of the year | €10,115 | €13,258 | €21,274 | €18,987 | €7,939 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €285 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €33,391 | €73,473 | €107,324 | €136,951 | €147,589 | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €3,573 | €10,115 | €13,258 | €21,274 | €18,987 | €7,939 | ▼ 58.2% |
| Other operating charges640/8 | - | - | - | €7,720 | €4,039 | €856 | €2,886 | €4,755 | ▲ 64.8% |
| Non-recurring operating charges66A | - | - | - | - | €382 | €0 | - | - | - |
| Gross operating margin9900 | -€3,246 | €11,494 | -€19,694 | €37,426 | €65,899 | €126,374 | €177,778 | €145,157 | ▼ 18.3% |
| Operating profit (loss)9901 | -€5,545 | -€29,819 | -€39,231 | -€13,800 | -€25,254 | -€3,080 | €18,955 | -€15,126 | - |
| Financial income75/76B | - | - | - | €12,407 | €13,299 | €7,190 | €1,381 | €19,273 | ▲ 14× |
| Recurring financial income75 | €1,516 | €1,482 | €1 | €12,407 | €13,299 | €7,190 | €1,381 | €19,273 | ▲ 14× |
| Financial charges65/66B | - | - | - | €1,908 | €5,803 | €2,251 | €2,452 | €4,443 | ▲ 81.1% |
| Recurring financial charges65 | €45 | €440 | €1,461 | €1,908 | €5,803 | €2,251 | €2,452 | €4,443 | ▲ 81.1% |
| Profit (loss) for the period before taxes9903 | -€2,723 | -€24,975 | -€35,680 | -€3,301 | -€17,758 | €1,860 | €17,884 | -€296 | - |
| Income taxes67/77 | - | - | €57,175 | €944 | €184 | €150 | €5,301 | €2,392 | ▼ 54.9% |
| Profit (loss) for the period9904 | -€2,723 | -€24,975 | -€40,347 | -€4,245 | -€17,943 | €1,710 | €12,582 | -€2,688 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,723 | -€24,975 | €164,539 | -€4,245 | -€17,943 | €1,710 | €12,582 | -€2,688 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €337,850 | €323,291 | €299,024 | €329,227 | €366,698 | €321,346 | €336,800 | €618,899 | ▲ 83.8% |
| Fixed assets21/28 | - | - | €20,343 | €47,459 | €48,428 | €35,720 | €20,589 | €492,834 | ▲ 24× |
| Intangible fixed assets21 | - | - | - | €34,485 | €27,649 | €14,012 | €376 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | - | €20,343 | €12,973 | €20,780 | €21,708 | €20,214 | €492,834 | ▲ 24× |
| Land and buildings22 | - | - | - | - | - | - | - | €469,519 | - |
| Plant, machinery and equipment23 | - | - | - | €10,065 | €19,812 | €17,723 | €17,198 | €21,270 | ▲ 23.7% |
| Furniture and vehicles24 | - | - | - | €2,909 | €968 | €3,985 | €3,015 | €2,045 | ▼ 32.2% |
| Current assets29/58 | €337,850 | €323,291 | €278,682 | €281,768 | €318,270 | €285,626 | €316,210 | €126,064 | ▼ 60.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €159,445 | €146,825 | €116,825 | €15,094 | ▼ 87.1% |
| Trade receivables290 | - | - | - | - | - | €15,094 | €15,094 | €15,094 | = |
| Other amounts receivable291 | - | - | - | - | €159,445 | €131,732 | €101,732 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | €5,523 | €6,421 | €3,593 | €11,162 | €11,162 | €11,678 | €11,962 | ▲ 2.4% |
| Stocks30/36 | - | - | - | €3,593 | €11,162 | €11,162 | €11,678 | €11,962 | ▲ 2.4% |
| Amounts receivable within one year40/41 | €108,790 | €126,369 | €3,477 | €3,663 | €29,017 | €40,891 | €44,113 | €28,012 | ▼ 36.5% |
| Trade receivables40 | - | - | - | €2,991 | €0 | €14,447 | €17,474 | €26,560 | ▲ 52.0% |
| Other amounts receivable41 | - | - | - | €672 | €29,017 | €26,444 | €26,639 | €1,452 | ▼ 94.5% |
| Cash at bank and in hand54/58 | €229,061 | €191,209 | €158,688 | €273,137 | €78,530 | €41,704 | €98,049 | €26,926 | ▼ 72.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,374 | €40,116 | €45,044 | €45,545 | €44,072 | ▼ 3.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €337,850 | €323,291 | €299,024 | €329,227 | €366,698 | €321,346 | €336,800 | €618,899 | ▲ 83.8% |
| Equity10/15 | €280,406 | €255,431 | €215,084 | €210,839 | €107,182 | €108,892 | €121,475 | €118,787 | ▼ 2.2% |
| Contributions10/11 | €6,197 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €276,931 | €236,831 | €196,484 | €192,239 | €88,582 | €90,292 | €102,875 | €100,187 | ▼ 2.6% |
| Non-distributable reserves130/1 | - | - | - | €895 | €895 | €895 | €895 | €895 | = |
| Reserves not available under the articles1311 | - | - | - | €895 | €895 | €895 | €895 | €895 | = |
| Distributable reserves133 | - | - | - | €191,345 | €87,688 | €89,397 | €101,980 | €99,292 | ▼ 2.6% |
| Profit (loss) carried forward14 | -€2,723 | - | - | - | €0 | €0 | - | - | - |
| Provisions and deferred taxes16 | €52,508 | €52,508 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €4,936 | €15,352 | €83,940 | €118,387 | €259,515 | €212,454 | €215,325 | €500,112 | ▲ 132% |
| Amounts payable after more than one year17 | - | - | - | - | €165,000 | €135,000 | €105,000 | €404,908 | ▲ 286% |
| Financial debts170/4 | - | - | - | - | €165,000 | €135,000 | €105,000 | €404,908 | ▲ 286% |
| Amounts payable within one year42/48 | €4,936 | €15,352 | €83,587 | €98,923 | €94,515 | €77,454 | €110,325 | €95,204 | ▼ 13.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €27,500 | €27,500 | €25,000 | €49,290 | ▲ 97.2% |
| Trade debts44 | €718 | €1,748 | €4,926 | €19,265 | €42,938 | €18,633 | €37,418 | €2,291 | ▼ 93.9% |
| Suppliers440/4 | - | - | - | €19,265 | €42,938 | €18,633 | €37,418 | €2,291 | ▼ 93.9% |
| Taxes, remuneration and social security45 | - | - | - | €71,849 | €18,992 | €25,221 | €43,520 | €37,378 | ▼ 14.1% |
| Taxes450/3 | - | - | - | €60,638 | €3,677 | €10,971 | €24,890 | €20,311 | ▼ 18.4% |
| Remuneration and social security454/9 | - | - | - | €11,211 | €15,315 | €14,250 | €18,630 | €17,068 | ▼ 8.4% |
| Other amounts payable47/48 | - | - | - | €7,808 | €5,085 | €6,101 | €4,387 | €6,245 | ▲ 42.4% |
| Accrued charges and deferred income492/3 | - | - | - | €19,465 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,723 | -€24,975 | -€40,347 | -€4,245 | -€17,943 | €1,710 | €12,582 | -€2,688 | - |
| + Depreciation and write-downs630 | - | - | €3,573 | €10,115 | €13,258 | €21,274 | €18,987 | €7,939 | ▼ 58.2% |
| Operating cash flow (approximation) | -€2,723 | -€24,975 | -€36,773 | €5,870 | -€4,684 | €22,984 | €31,569 | €5,251 | ▼ 83.4% |
| Investment in fixed assets (approximation) | - | - | - | -€37,231 | -€14,228 | -€8,567 | -€3,856 | -€480,184 | ▼ 12,354% |
| Change in cash | - | -€37,852 | -€32,521 | €114,449 | -€194,607 | -€36,826 | €56,345 | -€71,124 | - |
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, 2,507 companies had the same profile as I.D.E.A. has now. Two years later, 96.4% were still going and 1.6% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
96.4%
was still going
1.8%
stopped otherwise
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of I.D.E.A. itself: 1.8% within 12 months.
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 2,507 companies, not a prediction for I.D.E.A.. 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 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00486980 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00350565 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00414714 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00303688 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20106655 | |
| 31-12-2020 | micro format | 15-07-2021 | 2021-35700250 | |
| 31-12-2019 | micro format | 11-07-2020 | 2020-29100308 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32400142 | |
| 31-12-2003 | abbreviated format | 10-12-2004 | 2004-84701906 | |
| 31-12-2002 | abbreviated format | 29-04-2004 | 2004-12700157 |