IDEM CONCEPT
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 29 days after the deadline Filed on 29 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00132062.
Annual accounts 2025 filed on 29-05-2026 PDF all 6 filings
Equity
€137,814▼ 5.5%
2024 · €145,906
Total assets
€204,620▼ 2.4%
2024 · €209,649
Net result
-€8,092▼ 25.7%
2024 · -€6,440
Working capital
€137,869▼ 5.5%
2024 · €145,961
Multi-year overview
2019 to 2025, 6 financial yearsOperating result
-€7,976
▼ 25.5%
2025
20192025
Net result
-€8,092
▼ 25.7%
2025
lowest quarter of the sector
20192025
Equity
€137,814
▼ 5.5%
2025
middle half of the sector
20192025
Total assets
€204,620
▼ 2.4%
2025
middle half of the sector
20192025
Debt
€66,806
▲ 4.8%
2025
20192025
Working capital
€137,869
▼ 5.5%
2025
highest quarter of the sector
20192025
Solvency
67.4%
▼ 2.2pp
2025
middle half of the sector
20192025
Current ratio
3.07
▼ 0.23
2025
middle half of the sector
20192025
Return on assets (ROA)
-4.0%
▼ 0.9pp
2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202320242025
Operating result€10,871-€9,436▼ 13.2%€6,270▼ 33.6%€46,762--€6,357-€7,976▼ 25.5%
Net result€8,567-€7,297within the sector's middle half▼ 14.8%€4,941within the sector's middle half▼ 32.3%€34,063within the sector's middle half--€6,440below the sector's middle half-€8,092below the sector's middle half▼ 25.7%
Equity€20,967-€28,264within the sector's middle half▲ 34.8%€33,204within the sector's middle half▲ 17.5%€152,346within the sector's middle half-€145,906within the sector's middle half▼ 4.2%€137,814within the sector's middle half▼ 5.5%
Total assets€28,768-€62,323within the sector's middle half▲ 117%€51,995below the sector's middle half▼ 16.6%€334,190within the sector's middle half-€209,649within the sector's middle half▼ 37.3%€204,620within the sector's middle half▼ 2.4%
Debt€7,801-€34,059▲ 337%€18,790▼ 44.8%€181,844-€63,743▼ 64.9%€66,806▲ 4.8%
Working capital€21,022-€28,319within the sector's middle half▲ 34.7%€33,259within the sector's middle half▲ 17.4%€152,400above the sector's middle half-€145,961above the sector's middle half▼ 4.2%€137,869above the sector's middle half▼ 5.5%
Solvency72.9%-45.4%within the sector's middle half▼ 27.5pp63.9%within the sector's middle half▲ 18.5pp45.6%within the sector's middle half-69.6%within the sector's middle half▲ 24.0pp67.4%within the sector's middle half▼ 2.2pp
Current ratio3.71-1.83within the sector's middle half▼ 1.882.78within the sector's middle half▲ 0.941.84within the sector's middle half-3.29within the sector's middle half▲ 1.453.07within the sector's middle half▼ 0.23
Return on assets (ROA)29.8%-11.7%within the sector's middle half▼ 18.1pp9.5%within the sector's middle half▼ 2.2pp10.2%within the sector's middle half--3.1%below the sector's middle half▼ 13.3pp-4.0%below the sector's middle half▼ 0.9pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). 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 €7,976, larger than the loss of €6,357 in 2024. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €204,620
Equity
€137,814 ▼ 5.5%
Debt
€66,806 ▲ 4.8%
Debt's share of the balance-sheet total rises from 30.4% to 32.6%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.48▲
2024 · 0.44
ROE
-5.9%▼
2024 · -4.4%
Debt ≤ 1 year
€66,751▲
2024 · €63,688
Income taxes
€146
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Subsidies and aid
European Union, budget
2021 to 2024 · 26 entries| Year | Entries | Awarded |
|---|---|---|
| 2024 | 3 | €0 |
| 2023 | 12 | €0 |
| 2022 | 6 | €0 |
| 2021 | 5 | €0 |
Projects
TRACEABILITY FOR EXPORT PRODUCTS AND SUSTAINABILITY IN COLOMBIA
COMPLEMENTARY ASSISTANCE COMPONENT FOR THE SRPC FOR PAR - ASSESSMENT AND MONITORING OF SBS IMPLEMENTATION
THEMATIC EVALUATION OF ACTIONS TO COMBAT DISINFORMATION
EVALUATION - SUPPORT TO THE SECRETARIAT OF THE GLOBAL COVENANT OF MAYORS FOR CLIMATE AND ENERGY, INCLUDING REGIONAL CONTRACTS IN ASIA AND AMERICAS
EVALUATION OF THE PROGRAMME LOW CARBON AND CIRCULAR ECONOMY ACTION IN THE AMERICAS (LCBA AMERICAS) IMPLEMENTED IN BRAZIL, COLOMBIA, ARGENTINA, CHILE, MEXICO AND CANADA
Show 19 more projects
FINAL EVALUATION OF PI/2017/383-969 COOPERATION ON COMPETITION IN ASIA
TECHNICAL ASSISTANCE IN SUPPORT OF THE EU-AUSTRALIA BILATERAL AND CULTURAL AGENDA: 100 YEARS OF MARIA CALLAS
FINAL EVALUATION - CENTRAL SERVICES TO THE INTERNATIONAL URBAN AND REGIONAL COOPERATION (IURC): SUSTAINABLE AND INNOVATIVE CITIES AND REGIONS
TRACEABILITY FOR EXPORT PRODUCTS AND SUSTAINABILITY IN ARGENTINA
EU-NEPAL POLICY DIALOGUE SUPPORT FACILITY
FPI PROJECT IMPLEMENTATION AND MONITORING SUPPORT - PIMS
SUSTAINABILITY PATHWAYS FOR EU-BRAZIL BUSINESS TIES
FINAL EVALUATION OF EUPOP LATAM (PHASE II) AND EUPOP CANADA (PHASE II) - EXTENSION
FINAL EVALUATION - ENVIRONMENTAL DIPLOMACY IN G7/G20
MID-TERM EVALUATION OF PI/2019/408-604 EU-SOUTH EAST ASIA COOPERATION ON MITIGATING CLIMATE CHANGE IMPACT FROM CIVIL AVIATION (EU-CCCA)
POLICY DIALOGUE AND PUBLIC DIPLOMACY FACILITY FOR AUSTRALIA AND NEW ZEALAND
MID-TERM EVALUATION OF 'SUPPORT THE DEVELOPMENT AND OPERATIONALIZATION OF THE PARTNERSHIP FOR SMART AND SUSTAINABLE URBANISATION FOR INDIA AND THE EU, IUC COMPONENT IV' (IEUP)
MID-TERM EVALUATION FOR PROMOTING BIODIVERSITY AND SUSTAINABILITY IN THE AGRICULTURE AND FOOD SECTOR THROUGH ECONOMIC VALUATION (TEEB IMPLEMENTATION)
SECTOR EVALUATION OF PARTNERSHIP INSTRUMENT FUNDED POLICY DIALOGUES SUPPORT FACILITIES
EU GCC DIALOGUE ON ECONOMIC DIVERSIFICATION EVALUATION
MID-TERM EVALUATION OF PI/2019/405-400 REDUCING PLASTIC WASTE AND MARINE LITTER IN EAST AND SOUTH EAST ASIA SUPPORTING A TRANSITION TO A CIRCULAR ECONOMY IN THE REGION
EU GCC CLEAN ENERGY NETWORK- EVALUATION
FINAL EVALUATION - LOW CARBON ACTION IN THE REPUBLIC OF KOREA
MID-TERM EVALUATION OF PARTNERSHIP INSTRUMENT ACTIONS ON DIGITAL COOPERATION
Public contracts
4 awards · 2021 to 2024
Complementary assistance component for the SRPC for PAR - Assessment and monitoring of SBS implementation
Quality Assurance to the Result Oriented Monitoring (ROM) system for Asia and Pacific, Latin America and Caribbean, Centrally Managed Thematic Interventions, Neighbourhood and Enlargement regions
Quality Assurance to the Result Oriented Monitoring (ROM) System for for Sub-Saharan Africa
Quality Assurance to the Result Oriented Monitoring (ROM) system for Asia and Pacific, Latin America and Caribbean, Centrally Managed Thematic Interventions, Neighbourhood and Enlargement regions
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | €10,871 | €9,436 | €6,270 | €46,762 | -€6,357 | -€7,976 | ▼ 25.5% |
| Operating profit (loss)9901 | €10,871 | €9,436 | €6,270 | €46,762 | -€6,357 | -€7,976 | ▼ 25.5% |
| Financial income75/76B | - | - | €364 | €294 | €597 | €1,034 | ▲ 73.1% |
| Recurring financial income75 | - | - | €364 | €294 | €597 | €1,034 | ▲ 73.1% |
| Financial charges65/66B | - | - | €458 | €533 | €680 | €1,005 | ▲ 47.8% |
| Recurring financial charges65 | €108 | €270 | €458 | €533 | €680 | €1,005 | ▲ 47.8% |
| Profit (loss) for the period before taxes9903 | €10,763 | €9,167 | €6,176 | €46,523 | -€6,440 | -€7,947 | ▼ 23.4% |
| Income taxes67/77 | €2,196 | €1,870 | €1,235 | €12,459 | - | €146 | - |
| Profit (loss) for the period9904 | €8,567 | €7,297 | €4,941 | €34,063 | -€6,440 | -€8,092 | ▼ 25.7% |
| Profit (loss) for the period to be appropriated9905 | €8,567 | €7,297 | €4,941 | €34,063 | -€6,440 | -€8,092 | ▼ 25.7% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €28,768 | €62,323 | €51,995 | €334,190 | €209,649 | €204,620 | ▼ 2.4% |
| Current assets29/58 | €28,768 | €62,323 | €51,995 | €334,190 | €209,649 | €204,620 | ▼ 2.4% |
| Amounts receivable after more than one year29 | - | - | - | €9,800 | €30,000 | €52,700 | ▲ 75.7% |
| Other amounts receivable291 | - | - | - | €9,800 | €30,000 | €52,700 | ▲ 75.7% |
| Amounts receivable within one year40/41 | €2,131 | €12,778 | €15,638 | €117,659 | €121,554 | €120,566 | ▼ 0.8% |
| Trade receivables40 | - | - | €11,924 | €117,659 | €111,929 | €111,050 | ▼ 0.8% |
| Other amounts receivable41 | - | - | €3,714 | - | €9,625 | €9,516 | ▼ 1.1% |
| Cash at bank and in hand54/58 | €26,638 | €49,245 | €35,993 | €205,859 | €56,626 | €28,851 | ▼ 49.1% |
| Deferred charges and accrued income490/1 | - | - | €364 | €872 | €1,469 | €2,503 | ▲ 70.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €28,768 | €62,323 | €51,995 | €334,190 | €209,649 | €204,620 | ▼ 2.4% |
| Equity10/15 | €20,967 | €28,264 | €33,204 | €152,346 | €145,906 | €137,814 | ▼ 5.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Contributions outside capital11 | - | - | €12,400 | - | - | - | - |
| Other1109/19 | - | - | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €6,707 | €14,004 | €18,944 | €138,086 | €131,646 | €123,554 | ▼ 6.1% |
| Amounts payable17/49 | €7,801 | €34,059 | €18,790 | €181,844 | €63,743 | €66,806 | ▲ 4.8% |
| Amounts payable within one year42/48 | €7,746 | €34,004 | €18,736 | €181,790 | €63,688 | €66,751 | ▲ 4.8% |
| Trade debts44 | €4,060 | €29,916 | €3,706 | €62,577 | €24,893 | €65,721 | ▲ 164% |
| Suppliers440/4 | - | - | €3,706 | €62,577 | €24,893 | €65,721 | ▲ 164% |
| Advances received on contracts in progress46 | - | - | €11,924 | €89,472 | €26,307 | - | - |
| Taxes, remuneration and social security45 | - | - | €3,105 | €29,684 | €12,459 | - | - |
| Taxes450/3 | - | - | €3,105 | €29,684 | €12,459 | - | - |
| Other amounts payable47/48 | - | - | - | €57 | €29 | €1,031 | ▲ 36× |
| Accrued charges and deferred income492/3 | - | - | €55 | €55 | €55 | €55 | = |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,567 | €7,297 | €4,941 | €34,063 | -€6,440 | -€8,092 | ▼ 25.7% |
| Operating cash flow (approximation) | €8,567 | €7,297 | €4,941 | €34,063 | -€6,440 | -€8,092 | ▼ 25.7% |
| Change in cash | - | €22,607 | -€13,253 | - | -€149,233 | -€27,775 | ▲ 81.4% |
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, 3,440 companies had the same profile as IDEM CONCEPT has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
90.0%
was still going
7.4%
stopped otherwise
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IDEM CONCEPT itself is lower: 0.4% within 12 months. It rests on far more data about IDEM CONCEPT than the profile alone.
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 3,440 companies, not a prediction for IDEM CONCEPT. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 29-05-2026 | 2026-00132062 | |
| 30-09-2024 | micro format | 28-05-2025 | 2025-00109084 | |
| 30-09-2023 | micro format | 30-05-2024 | 2024-00103977 | |
| 30-09-2021 | micro format | 30-05-2022 | 2022-20038939 | |
| 30-09-2020 | micro format | 30-05-2021 | 2021-16400159 | |
| 30-09-2019 | micro format | 29-05-2020 | 2020-14600018 |