I - PROJECTS
Annual accounts 2025
abbreviated format, filed on 16-07-2026, 15 days before the deadline€967,313
▲ 51.5%
€535,923
▲ 119%
€724,114
▲ 331%
€6.1m
▲ 2.5%
26.9%
▼ 15.7 percentage points
5.38
▼ 2.90
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.7m. Estimated: probably between €1.3m and €2.8m.
Balance sheet
balance sheet total €21.5m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
26.9%
Higher than 46% of 11,299 companies in 2025.
5.38
Higher than 85% of 10,851 companies in 2025.
3.4%
Higher than 67% of 11,184 companies in 2025.
I - PROJECTS
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
€65,584
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
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 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
21.5m | 11.9m | 12.4m | 8.3m | 8.7m | 9.2m | 9.0m | 9.0m | 9.1m | 9.3m | 9.4m | 2.9m | 3.9m | 3.9m | 4.4m | 6.8m | 5.9m | 2.4m | 2.3m | 2.4m | |
21/28 |
14.1m | 5.2m | 5.6m | 1.0m | 1.2m | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.6m | 1.6m | 1.6m | 3.6m | 4.3m | 945,741 | 899,225 | 947,707 | |
22/27 |
14.0m | 4.9m | 4.9m | 292,755 | 315,211 | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.6m | 1.6m | 1.6m | 3.5m | 4.2m | 850,741 | 899,225 | 947,707 | |
22 |
13.9m | 4.9m | 4.9m | 290,744 | 314,464 | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.5m | 1.6m | 1.6m | 3.5m | 4.1m | 805,383 | 850,378 | 895,370 | |
23 |
52,736 | 14,705 | 14,960 | 1,239 | 746 | - | - | - | - | - | - | - | 110 | 165 | 238 | 535 | 891 | - | - | - | |
24 |
34,702 | 2,592 | 2,327 | 772 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
58,663 | 11,873 | - | - | 0 | 1,745 | 5,234 | 8,723 | 12,212 | 15,701 | 19,190 | 22,679 | 26,168 | 29,657 | 34,891 | 38,380 | 41,869 | 45,358 | 48,847 | 52,337 | |
28 |
16,696 | 270,917 | 664,736 | 714,385 | 837,500 | - | - | - | - | - | - | - | - | - | - | 95,000 | 95,000 | 95,000 | - | - | |
29/58 |
7.4m | 6.7m | 6.8m | 7.2m | 7.5m | 695,298 | 722,174 | 772,551 | 745,265 | 987,918 | 987,776 | 1.4m | 2.3m | 2.3m | 2.8m | 3.2m | 1.6m | 1.5m | 1.4m | 1.4m | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 120,000 | 120,000 | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 120,000 | 120,000 | - | - | - | - | - | - | - | |
40/41 |
1.1m | 858,430 | 835,324 | 736,854 | 765,266 | 653,844 | 721,409 | 769,315 | 742,589 | 985,365 | 987,356 | 1.2m | 2.2m | 2.3m | 2.1m | 3.2m | 1.4m | 1.4m | 1.4m | 1.4m | |
40 |
396,545 | 187,551 | 37,922 | 34,306 | 3,964 | 32,239 | 47,038 | 54,819 | 8,583 | 4,255 | 4,255 | - | 35,760 | 50,160 | - | 14,769 | 14,443 | 80,479 | 14,603 | 1.4m | |
41 |
737,418 | 670,878 | 797,401 | 702,548 | 761,302 | 621,606 | 674,371 | 714,496 | 734,006 | 981,110 | 983,101 | 1.2m | 2.1m | 2.3m | 2.1m | 3.1m | 1.4m | 1.3m | 1.4m | - | |
50/53 |
6.2m | 5.9m | 5.8m | 6.5m | 6.5m | - | - | - | - | - | - | - | - | - | - | - | - | 85,000 | - | - | |
54/58 |
125,056 | 10,005 | 123,520 | 5,222 | 257,585 | 41,454 | 765 | 3,236 | 2,676 | 2,553 | 420 | 2,563 | 2,232 | 3,794 | 666,720 | 11,069 | 150,742 | 14,043 | 8,851 | 10,792 | |
490/1 |
6,016 | 3,876 | 3,998 | 1,618 | 2,140 | - | - | - | - | - | - | - | - | 83 | - | - | - | - | - | 57,712 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
21.5m | 11.9m | 12.4m | 8.3m | 8.7m | 9.2m | 9.0m | 9.0m | 9.1m | 9.3m | 9.4m | 2.9m | 3.9m | 3.9m | 4.4m | 6.8m | 5.9m | 2.4m | 2.3m | 2.4m | |
10/15 |
5.8m | 5.1m | 4.9m | 5.5m | 5.9m | 8.6m | 8.6m | 8.8m | 8.8m | 8.8m | 8.8m | 1.2m | 1.5m | 1.9m | 1.9m | 2.3m | 1.3m | 1.3m | 1.3m | 1.2m | |
10/11 |
179,723 | 179,723 | 179,723 | 179,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | |
10 |
- | - | - | - | 449,723 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | |
12 |
474,400 | 474,400 | 474,400 | 474,400 | 474,400 | 7.6m | 7.6m | 7.6m | 7.6m | 7.6m | 7.6m | - | - | - | - | - | - | - | - | - | |
13 |
5.1m | 4.9m | 4.9m | 5.0m | 5.0m | 19,144 | 19,144 | 19,144 | 17,972 | 17,972 | 17,972 | 17,972 | 934,591 | 934,591 | 934,591 | 2.0m | 1.0m | 1.0m | 1.0m | 1.0m | |
130/1 |
- | - | - | 0 | 19,144 | 19,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 19,144 | 19,144 | 19,144 | 19,144 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 11,032 | 8,567 | 7,672 | 7,672 | 2,327 | |
1311 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
4.8m | 4.9m | 4.9m | 5.0m | 5.0m | - | - | - | - | - | - | - | 916,619 | 916,619 | 916,619 | 1.9m | 1.0m | 1.0m | 1.0m | 1.0m | |
133 |
380,841 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
0 | -453,817 | -684,862 | -90,955 | 35,088 | 449,957 | 535,784 | 644,429 | 644,429 | 707,391 | 716,740 | 721,077 | 379,673 | 735,808 | 769,639 | 131,662 | 84,872 | 67,871 | 107,044 | 5,476 | |
16 |
1.8m | 2.1m | 2.5m | 2.6m | 2.6m | 250,741 | 203,500 | 213,500 | 210,375 | 210,375 | 280,500 | - | 471,987 | 471,987 | 471,987 | 999,637 | 531,643 | 531,643 | 531,643 | 531,643 | |
160/5 |
175,030 | 481,181 | 875,000 | 955,584 | 961,569 | 250,741 | 203,500 | 213,500 | 210,375 | 210,375 | 280,500 | - | - | - | - | - | - | - | - | - | |
163 |
0 | 481,181 | 875,000 | 955,584 | 961,569 | 250,741 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
175,030 | - | - | - | - | - | 203,500 | 213,500 | 210,375 | 210,375 | - | - | - | - | - | - | - | - | - | - | |
168 |
1.6m | 1.6m | 1.6m | 1.7m | 1.7m | - | - | - | - | - | - | - | 471,987 | 471,987 | 471,987 | 999,637 | 531,643 | 531,643 | 531,643 | 531,643 | |
17/49 |
14.0m | 4.7m | 5.0m | 123,124 | 128,820 | 410,569 | 113,867 | 79,820 | 91,052 | 304,964 | 259,569 | 1.7m | 1.9m | 1.6m | 2.0m | 3.5m | 4.0m | 625,876 | 454,124 | 628,372 | |
17 |
12.6m | 3.9m | 4.3m | 0 | 5,749 | 43,488 | 38,933 | 34,645 | 48,698 | 62,295 | 75,452 | 1.2m | 1.2m | 1.2m | 1.5m | 3.4m | 3.5m | 234,105 | 283,204 | 331,158 | |
170/4 |
12.4m | 3.9m | 4.3m | 0 | 5,749 | 43,488 | 38,933 | 34,645 | 48,698 | 62,295 | 75,452 | 1.2m | 1.2m | 1.2m | 1.5m | 3.4m | 3.5m | 234,105 | 283,204 | 331,158 | |
178/9 |
139,863 | 44,059 | 44,059 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
1.4m | 813,411 | 604,403 | 123,124 | 120,868 | 367,081 | 74,934 | 45,175 | 42,355 | 240,169 | 184,117 | 530,943 | 727,494 | 422,141 | 519,090 | 101,429 | 461,013 | 375,905 | 159,661 | 281,585 | |
42 |
629,147 | 234,211 | 234,211 | 5,749 | 16,869 | 23,931 | 7,955 | 14,052 | 15,792 | 15,308 | 14,035 | 12,022 | 12,498 | 11,106 | 10,465 | 43,973 | 240,317 | 299,098 | 47,955 | 63,537 | |
43 |
150,000 | 250,000 | 210,000 | - | - | - | - | - | - | - | - | 15,277 | - | - | - | - | - | 1,307 | - | - | |
430/8 |
150,000 | 250,000 | 210,000 | - | - | - | - | - | - | - | - | 15,277 | - | - | - | - | - | 1,307 | - | - | |
44 |
393,302 | 306,824 | 77,701 | 113,929 | 100,685 | 338,395 | 63,768 | 22,600 | 14,763 | 113,587 | 49,486 | 49,301 | 25,136 | 18,797 | 30,951 | 39,553 | 74,917 | 36,125 | 73,417 | 203,310 | |
440/4 |
393,302 | 306,824 | 77,701 | 113,929 | 100,685 | 338,395 | 63,768 | 22,600 | 14,763 | 113,587 | 49,486 | 49,301 | 25,136 | 18,797 | 30,951 | 39,553 | 74,917 | 36,125 | 73,417 | 203,310 | |
46 |
164,813 | 7,083 | 56,677 | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 9,908 | - | - | - | - | - | - | 5,355 | |
45 |
47,600 | 15,293 | 25,814 | 3,445 | 3,314 | 4,755 | 3,210 | 8,523 | 6,800 | 106,275 | 115,597 | 112,268 | 39,814 | 4,387 | 230,079 | 17,903 | 27,112 | 39,375 | 38,290 | 4,578 | |
450/3 |
41,700 | 9,080 | 20,561 | - | - | - | - | - | - | 97,815 | 115,597 | 112,268 | 30,399 | 333 | 216,760 | - | 14,562 | 34,674 | 34,674 | - | |
454/9 |
5,899 | 6,213 | 5,253 | 3,445 | 3,314 | 4,755 | 3,210 | 8,523 | 6,800 | 8,459 | - | - | 9,415 | 4,054 | 13,319 | 17,903 | 12,550 | 4,701 | 3,616 | 4,578 | |
47/48 |
- | - | - | - | - | - | - | - | - | - | - | 337,075 | 640,138 | 387,851 | 247,595 | - | 118,667 | - | - | 4,805 | |
492/3 |
- | 0 | 10,114 | 0 | 2,202 | - | - | - | - | 2,500 | - | 30,000 | - | - | - | - | 16,432 | 15,866 | 11,259 | 15,629 | |
| Income statement | |||||||||||||||||||||
76A |
306,151 | 535,464 | 192,387 | 10,000 | 47,241 | 0 | 10,000 | 97,875 | 11,764 | 71,148 | 277,380 | 8,757 | - | 18,513 | 1.6m | 1.4m | - | 7,971 | - | - | |
9900 |
967,313 | 638,625 | 437,145 | -71,976 | 6.5m | 17,389 | 12,988 | 168,006 | 22,839 | 53,267 | -209,167 | 10,136 | 15,678 | 39,761 | -567,781 | 79,508 | 155,603 | 167,181 | 277,193 | 114,077 | |
62 |
52,467 | 50,763 | 43,719 | 28,249 | 28,309 | 18,777 | 26,807 | 23,936 | 24,125 | 21,676 | 24,370 | 24,468 | 28,818 | 41,596 | 49,132 | 45,825 | 43,769 | 32,930 | 22,332 | 21,247 | |
630 |
221,295 | 137,753 | 81,747 | 24,055 | 24,630 | 30,715 | 34,221 | 34,221 | 34,221 | 34,221 | 34,221 | 17,428 | 17,373 | 30,731 | 18,744 | 17,675 | 49,078 | 48,484 | 48,482 | 48,481 | |
631/4 |
0 | 2,465 | - | - | - | - | - | - | - | - | - | - | - | - | 1,881 | -3,647 | - | - | 16,866 | - | |
640/8 |
157,627 | 119,181 | 264,181 | 15,236 | 182,858 | 51,471 | 56,436 | 4,557 | 6,279 | 3,199 | 6,549 | 3,811 | 7,313 | 7,914 | 34,331 | 8,598 | 13,647 | 12,376 | 22,955 | 12,731 | |
66A |
0 | 83,199 | 485 | 4,015 | 60,569 | - | - | 101,000 | 267 | - | - | 889,789 | - | 4,966 | 36,526 | - | - | 100,378 | - | - | |
9901 |
535,923 | 245,264 | 47,014 | -143,530 | 6.2m | -83,574 | -104,476 | 4,292 | -42,054 | -5,830 | -274,308 | -35,572 | -37,827 | -40,480 | -671,869 | 11,057 | 49,109 | 73,391 | 166,558 | 31,618 | |
75/76B |
445,199 | 90,795 | 4,439 | 9 | 24 | - | - | - | 0 | - | 2 | 82 | 214 | 1,642 | 16,056 | 75,151 | 4,411 | 4,601 | 40 | 713 | |
75 |
445,199 | 90,795 | 4,439 | 9 | 24 | - | - | - | 0 | - | 2 | 82 | 214 | 1,642 | 16,056 | 75,151 | 4,411 | 4,601 | 40 | 713 | |
65/66B |
293,856 | 189,084 | 689,201 | 1,666 | 2,194 | 2,252 | 4,169 | 3,120 | 20,909 | 3,519 | 7,410 | 18,392 | 18,478 | 8,293 | 10,101 | 36,036 | 35,520 | 24,757 | 23,870 | 28,745 | |
65 |
281,581 | 189,084 | 112,044 | 1,666 | 2,194 | 2,252 | 4,169 | 3,120 | 20,909 | 3,519 | 7,410 | 18,392 | 18,478 | 8,293 | 10,101 | 36,036 | 35,520 | 24,757 | 23,870 | 28,745 | |
66B |
12,276 | 0 | 577,157 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
687,265 | 146,976 | -637,749 | -145,187 | 6.2m | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | -934,914 | -56,090 | -33,584 | 861,676 | 1.4m | 18,000 | -39,172 | 142,728 | 3,586 | |
780 |
36,848 | 21,017 | 10,961 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | - | - | 0 | 1.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 0 | 112,288 | 45 | 246 | 216,760 | 915 | 104 | 1 | 35,814 | 459 | |
9904 |
724,114 | 167,993 | -626,788 | -145,187 | 4.5m | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | -575,215 | -56,135 | -33,831 | 644,916 | 958,119 | 17,896 | -39,173 | 106,914 | 3,127 | |
789 |
110,544 | 63,052 | 32,882 | - | - | - | - | - | - | - | - | 916,619 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | 0 | 5.0m | - | - | - | - | - | - | - | - | - | - | 908,864 | - | - | - | - | |
9905 |
834,658 | 231,045 | -593,907 | -145,187 | -414,870 | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | 341,404 | -56,135 | -33,831 | 644,916 | 49,255 | 17,896 | -39,173 | 106,914 | 3,127 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
380,841 | -453,817 | -684,862 | -110,099 | 35,088 | 449,957 | 535,784 | 645,601 | 644,429 | 707,391 | 716,740 | 721,077 | 679,673 | 735,808 | 776,578 | 134,127 | 85,767 | 67,871 | 112,390 | 5,476 | |
14P |
-453,817 | -684,862 | -90,955 | 35,088 | 449,957 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 0 | 19,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
380,841 | - | - | - | - | - | - | 1,172 | - | - | - | - | - | - | 6,939 | 2,465 | 895 | - | 5,346 | - | |
6920 |
- | - | - | - | - | - | - | 1,172 | - | - | - | - | - | - | 6,939 | 2,465 | 895 | - | 5,346 | - | |
6921 |
380,841 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0.8 | 0.8 | 1 | 1 | 1 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.8 | 1.2 | 1.2 | 1.2 | 1 | 0.7 | 0.6 | |
Hours worked1013 |
1,398 | 1,420 | 1,234 | 864 | 588 | 588 | 868 | 867 | 697 | 697 | 885 | 873 | 1,000 | 1,815 | 2,051 | 1,952 | 2,040 | 1,698 | 1,241 | 1,008 | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 20 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 16-07-2026.
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 | abbreviated format | 16-07-2026 | 2026-00306671 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00384202 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00204044 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00184143 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20092859 | |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-34200132 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-30800214 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-24000264 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-43100007 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-26200138 | |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-64200201 | |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-63700308 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-50600381 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-51800454 | |
| 30-06-2011 | abbreviated format | 20-12-2011 | 2011-64100429 | |
| 30-06-2010 | abbreviated format | 16-12-2010 | 2010-63600483 | |
| 30-06-2009 | abbreviated format | 27-11-2009 | 2009-87500159 | |
| 30-06-2008 | abbreviated format | 18-12-2008 | 2008-85800217 | |
| 30-06-2007 | abbreviated format | 14-12-2007 | 2007-83300225 | |
| 30-06-2006 | abbreviated format | 18-12-2007 | 2007-83500167 | |
| 30-06-2005 | abbreviated format | 01-12-2005 | 2005-88103379 | |
| 30-06-2004 | abbreviated format | 03-11-2004 | 2004-77501589 | |
| 30-06-2003 | abbreviated format | 13-10-2003 | 2003-74201739 | |
| 30-06-2002 | abbreviated format | 07-11-2002 | 2002-70701803 | |
| 30-06-2001 | abbreviated format | 09-10-2001 | 2001-63003653 | |
| 30-06-2000 | abbreviated format | 24-11-2000 | 2000-73300502 | |
| 30-06-1999 | abbreviated format | 29-10-1999 | 1999-56103604 | |
| 30-06-1998 | abbreviated format | 11-05-1999 | 1999-09605212 | |
| 30-06-1997 | abbreviated format | 08-10-1997 | 1997-47904385 | |
| 30-06-1996 | abbreviated format | 03-10-1996 | 1996-46900911 | |
| 30-06-1995 | abbreviated format | 12-10-1995 | 1995-53702033 | |
| 30-06-1994 | abbreviated format | 04-01-1995 | 1995-00103788 | |
| 30-06-1993 | abbreviated format | 22-09-1993 | 1993-36703549 | |
| 30-06-1992 | abbreviated format | 04-03-1993 | 1993-03101357 | |
| 30-06-1991 | abbreviated format | 10-09-1991 | 1991-24704953 |
Subsidies and aid
Flemish government 2022, 1 entry, €358 awarded, €358 paid
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 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 757,219 | 383,017 | 128,760 | -119,475 | 6.2m | -52,859 | -70,255 | 38,513 | -7,832 | 28,391 | -240,087 | -18,143 | -20,453 | -9,749 | -653,125 | 28,732 | 98,187 | 121,875 | 215,040 | 80,099 | ||
| 945,409 | 305,746 | -545,042 | -121,132 | 4.6m | -55,111 | -74,424 | 35,393 | -28,741 | 24,872 | 29,884 | -557,786 | -38,762 | -3,100 | 663,660 | 975,794 | 66,974 | 9,311 | 155,395 | 51,608 | ||
| 9.4m | 93,550 | 4.7m | 1,599 | 914,282 | 315,708 | 0 | 0 | 0 | 0 | 138,600 | 0 | 0 | 165 | 24,919 | -623,142 | 3.4m | 95,000 | -0 | - | ||
| 115,051 | -113,514 | 118,298 | -252,363 | 216,132 | 40,688 | -2,471 | 560 | 123 | 2,133 | -2,143 | 331 | -1,562 | -662,926 | 655,651 | -139,673 | 136,699 | 5,192 | -1,941 | - | ||
| 6.1m | 5.9m | 6.2m | 7.1m | 7.4m | 328,217 | 647,240 | 727,376 | 702,910 | 747,749 | 803,659 | 828,380 | 1.6m | 1.9m | 2.2m | 3.1m | 1.1m | 1.1m | 1.3m | 1.2m | ||
| 26.9% | 42.6% | 39.6% | 66.9% | 68.4% | 92.8% | 96.5% | 96.8% | 96.7% | 94.5% | 94.2% | 40.9% | 38.7% | 47.1% | 43.0% | 33.4% | 22.3% | 52.7% | 57.4% | 51.3% | ||
| 5.38 | 8.28 | 11.21 | 58.83 | 62.26 | 1.89 | 9.64 | 17.10 | 17.60 | 4.11 | 5.36 | 2.56 | 3.16 | 5.55 | 5.32 | 31.18 | 3.47 | 3.99 | 8.85 | 5.09 | ||
| 5.38 | 8.28 | 11.21 | 58.83 | 62.26 | 1.89 | 9.64 | 17.10 | 17.60 | 4.11 | 5.36 | 2.33 | 2.99 | 5.55 | 5.32 | 31.18 | 3.47 | 3.99 | 8.85 | 5.09 | ||
| 2.41 | 0.93 | 1.01 | 0.02 | 0.02 | 0.05 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 1.45 | 1.27 | 0.87 | 1.07 | 1.55 | 3.08 | 0.49 | 0.34 | 0.52 | ||
| 12.5% | 3.3% | -12.8% | -2.6% | 76.5% | -1.0% | -1.3% | 0.0% | -0.7% | -0.1% | 0.0% | -48.4% | -3.8% | -1.8% | 34.2% | 42.3% | 1.4% | -3.0% | 8.1% | 0.3% | ||
| 3.4% | 1.4% | -5.1% | -1.8% | 52.3% | -0.9% | -1.2% | 0.0% | -0.7% | -0.1% | 0.0% | -19.8% | -1.5% | -0.9% | 14.7% | 14.1% | 0.3% | -1.6% | 4.6% | 0.1% | ||
| 2.69 | 2.03 | 1.15 | -71.72 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 0 | 0 | 0 | 0 | 0 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.5 | 0.5 |
| 0.8 | 0.8 | 0.8 | 0.5 | 0.5 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €13.1m | €4.1m | - | - | - |
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 | €9.4m | €93,550 | €4.7m | €1,599 | €76,782 |
| Financial fixed assets | €0 | - | - | - | €837,500 |
| €221,295 | €137,753 | €81,747 | €24,055 | €24,630 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on I - PROJECTS
The operating result for 2025 is 119% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 39.7% to 64.9%. Equity and debt are higher.