IDP
Annual accounts 2025
abbreviated format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €44,000. Estimated: probably between €32,000 and €63,000.
Balance sheet
balance sheet total €5.1m on 31-12-2025in €m
in euro
Position in the sector
31.1%
Higher than 50% of 11,299 companies in 2025.
0.09
Higher than 10% of 10,851 companies in 2025.
-3.1%
Higher than 19% of 11,184 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: middle half
Staff
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 |
5.1m | 5.1m | 5.3m | 5.3m | 5.3m | 3.4m | 3.2m | 3.3m | 2.2m | 2.2m | 2.3m | 1.9m | 1.7m | 2.1m | 2.3m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | |
21/28 |
5.0m | 5.0m | 5.1m | 5.2m | 5.0m | 2.9m | 2.8m | 2.9m | 2.2m | 1.2m | 1.3m | 1.1m | 1.5m | 1.6m | 1.7m | 1.8m | 2.0m | 2.2m | 2.3m | 2.4m | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | 206 | 412 | 618 | 824 | - | - | - | - | |
22/27 |
3.8m | 3.8m | 3.9m | 4.0m | 3.8m | 1.7m | 1.6m | 1.7m | 1.0m | 1.2m | 1.3m | 1.1m | 1.4m | 1.4m | 1.6m | 1.7m | 1.9m | 2.0m | 2.2m | 2.3m | |
22 |
3.8m | 3.8m | 3.9m | 4.0m | 3.8m | 1.7m | 1.6m | 1.7m | 1.0m | 1.2m | 1.3m | 1.1m | 1.4m | 1.4m | 1.6m | 1.7m | 1.9m | 2.0m | 2.2m | 2.3m | |
23 |
7,278 | 11,094 | - | - | - | - | - | - | 189 | 284 | 378 | - | - | - | - | 1,035 | 2,070 | 3,105 | 4,141 | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,100 | 8,200 | 12,613 | 17,026 | - | - | - | |
28 |
1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 320 | 320 | 320 | 133,200 | 133,310 | 133,310 | 133,310 | 133,310 | 133,200 | 133,200 | 133,200 | |
29/58 |
116,877 | 91,937 | 213,764 | 96,197 | 329,347 | 491,432 | 387,464 | 378,569 | 30,245 | 950,782 | 1.1m | 770,524 | 166,538 | 557,482 | 613,199 | 559,789 | 503,844 | 461,349 | 391,133 | 356,290 | |
3 |
28,368 | 26,599 | 5,847 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
28,368 | 26,599 | 5,847 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
33,799 | 7,340 | 75,886 | 1,336 | 0 | 8,795 | 151,388 | 318,496 | 13,005 | 9,400 | 403,441 | 7,083 | 4,808 | 362,630 | 361,179 | 359,699 | 459,187 | 430,858 | 242,141 | 241,558 | |
40 |
33,547 | 2,144 | 75,886 | - | 0 | 4,931 | 15,822 | 4,639 | 4,689 | 100 | 4,006 | 3,440 | - | - | - | - | - | - | - | - | |
41 |
253 | 5,196 | 0 | 1,336 | 0 | 3,865 | 135,566 | 313,856 | 8,316 | 9,300 | 399,436 | 3,643 | 4,808 | 362,630 | 361,179 | 359,699 | 459,187 | 430,858 | 242,141 | 241,558 | |
50/53 |
- | - | - | - | - | - | - | - | - | 13,082 | 13,082 | 13,082 | 112,879 | 112,360 | 111,047 | - | - | - | - | - | |
54/58 |
31,700 | 37,381 | 100,597 | 75,911 | 313,904 | 467,687 | 232,899 | 58,898 | 12,261 | 926,869 | 648,565 | 721,371 | 48,851 | 78,156 | 137,622 | 200,089 | 40,895 | 24,018 | 143,843 | 114,732 | |
490/1 |
23,011 | 20,617 | 31,434 | 18,950 | 15,443 | 14,950 | 3,177 | 1,176 | 4,979 | 1,431 | 768 | 28,989 | - | 4,337 | 3,352 | - | 3,763 | 6,473 | 5,149 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
5.1m | 5.1m | 5.3m | 5.3m | 5.3m | 3.4m | 3.2m | 3.3m | 2.2m | 2.2m | 2.3m | 1.9m | 1.7m | 2.1m | 2.3m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | |
10/15 |
1.6m | 1.7m | 1.7m | 1.4m | 1.3m | 1.3m | 1.0m | 793,438 | 435,230 | 1.6m | 1.6m | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | |
10/11 |
35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 871,913 | 871,913 | 871,913 | 871,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | |
100 |
- | - | - | - | - | - | 35,000 | 35,000 | 35,000 | 871,913 | 871,913 | 871,913 | 871,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | 124,913 | |
13 |
1.5m | 1.7m | 1.7m | 1.4m | 1.2m | 1.2m | 980,730 | 758,438 | 400,230 | 686,556 | 682,436 | 159,907 | 140,631 | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
130/1 |
3,500 | 3,500 | 3,500 | 3,500 | 3,500 | 3,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,500 | 3,500 | 3,500 | 87,191 | 87,191 | 87,191 | 76,404 | 59,661 | 59,661 | 59,661 | 59,661 | 59,661 | 59,661 | 59,661 | |
1311 |
3,500 | 3,500 | 3,500 | 3,500 | 3,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 3,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
646,992 | 673,658 | 700,323 | 726,988 | 747,846 | 749,952 | 751,438 | 754,277 | 396,730 | 36,953 | 44,595 | 52,237 | 59,879 | 67,521 | 75,163 | 82,805 | 90,447 | 98,089 | 105,731 | 113,373 | |
133 |
893,950 | 1.0m | 962,907 | 629,790 | 475,895 | 472,248 | 225,791 | 661 | - | 562,411 | 550,650 | 20,479 | 4,348 | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | |
14 |
- | - | - | 0 | 0 | - | - | - | - | - | - | - | - | -303,011 | -265,462 | -222,419 | -112,588 | -155,998 | -81,411 | - | |
16 |
271,760 | 282,960 | 294,161 | 305,361 | 314,122 | 315,006 | 315,630 | 316,823 | 166,647 | 19,028 | 22,963 | 26,898 | 30,833 | 34,768 | 38,703 | 42,638 | 46,573 | 50,508 | 54,443 | 58,378 | |
168 |
271,760 | 282,960 | 294,161 | 305,361 | 314,122 | 315,006 | 315,630 | 316,823 | 166,647 | 19,028 | 22,963 | 26,898 | 30,833 | 34,768 | 38,703 | 42,638 | 46,573 | 50,508 | 54,443 | 58,378 | |
17/49 |
3.2m | 3.1m | 3.3m | 3.6m | 3.7m | 1.8m | 1.9m | 2.1m | 1.6m | 586,982 | 739,485 | 811,903 | 623,463 | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | |
17 |
1.9m | 2.1m | 2.3m | 2.5m | 2.7m | 1.6m | 1.4m | 1.9m | 3,268 | 3,268 | 3,268 | 3,268 | 3,270 | - | - | - | - | - | - | - | |
170/4 |
1.9m | 2.1m | 2.3m | 2.5m | 2.7m | 1.6m | 1.4m | 1.9m | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 3,268 | 3,268 | 3,268 | 3,268 | 3,270 | - | - | - | - | - | - | - | |
42/48 |
1.4m | 1.0m | 1.1m | 1.1m | 1.1m | 146,782 | 433,419 | 261,134 | 1.6m | 581,764 | 732,691 | 805,459 | 571,610 | 964,380 | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | |
42 |
215,391 | 211,739 | 208,149 | 204,620 | 196,875 | 142,604 | 424,021 | 112,168 | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
38,685 | 21,869 | 15,218 | 151,112 | 20,846 | - | 5,563 | 5,055 | 31,022 | 5,354 | 21,098 | 54,278 | 28,148 | 12,060 | 11,766 | 7,755 | 7,577 | 16,214 | 11,881 | 9,426 | |
440/4 |
38,685 | 21,869 | 15,218 | 151,112 | 20,846 | - | 5,563 | 5,055 | 31,022 | 5,354 | 21,098 | 54,278 | 28,148 | 12,060 | 11,766 | 7,755 | 7,577 | 16,214 | 11,881 | 9,426 | |
45 |
211 | 2,650 | 3,812 | 4,239 | 0 | 4,178 | - | - | 30,260 | 56,809 | 64,105 | 11,314 | - | 16,327 | 3,331 | 3,919 | 2,674 | - | - | - | |
450/3 |
211 | 2,650 | 3,812 | 4,239 | 0 | 4,178 | - | - | 30,260 | 56,809 | 64,105 | 11,314 | - | 13,133 | - | 265 | - | - | - | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,194 | 3,331 | 3,655 | 2,674 | - | - | - | |
47/48 |
1.1m | 804,706 | 824,935 | 750,341 | 849,502 | - | 3,836 | 143,911 | 1.6m | 519,601 | 647,488 | 739,867 | 543,462 | 935,993 | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | |
492/3 |
3,439 | 3,317 | 5,994 | 10,754 | 4,518 | 7,003 | 13,169 | 13,792 | 1,982 | 1,951 | 3,526 | 3,176 | 48,583 | 53,839 | 62,537 | 81,765 | 90,400 | 103,583 | 101,361 | 97,178 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | 0 | 53,000 | - | 565,053 | 563,568 | - | 595,656 | 381,331 | - | - | - | - | - | 49 | 5,052 | 745 | |
9900 |
26,691 | 102,297 | 197,711 | 86,702 | 72,718 | 119,735 | 82,021 | 618,807 | 651,947 | 122,298 | 119,113 | 185,214 | 190,356 | 198,533 | 230,913 | 208,035 | 357,932 | 235,339 | 213,171 | 402,144 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | 642 | 6,759 | 29,719 | 28,760 | 27,631 | 18,981 | - | - | - | |
630 |
78,130 | 74,962 | 77,547 | 63,663 | 122,844 | 27,131 | 35,488 | 37,040 | 15,020 | 48,864 | 57,688 | 64,256 | 84,116 | 119,150 | 147,859 | 173,247 | 172,698 | 177,974 | 172,342 | 175,562 | |
640/8 |
69,809 | 76,412 | 52,200 | 42,907 | 50,317 | 40,364 | 36,561 | 33,994 | 44,317 | 46,044 | 47,994 | 51,028 | 51,002 | 49,737 | 47,832 | 47,817 | 48,198 | 46,521 | 45,690 | 44,895 | |
66A |
0 | 9,029 | 0 | 2,574 | - | - | 4,668 | 6,448 | - | - | - | 394,334 | - | - | - | 55 | 75 | - | - | - | |
9901 |
-121,249 | -58,105 | 67,964 | -22,442 | -100,443 | 52,241 | 5,304 | 541,326 | 592,610 | 27,390 | 13,432 | 69,288 | 48,479 | -73 | 6,462 | -40,659 | 118,054 | 10,844 | -4,861 | 181,686 | |
75/76B |
0 | 129,028 | 273,312 | 195,200 | 234,268 | 235,572 | 249,113 | 3,589 | 23,063 | 4,706 | 728 | 554 | 1,376 | 3,677 | 2,149 | 60 | 200 | 1,583 | 3,472 | 1,117 | |
75 |
0 | 129,028 | 273,312 | 195,200 | 234,268 | 235,572 | 249,113 | 3,589 | 23,063 | 4,706 | 728 | 554 | 1,376 | 3,677 | 2,149 | 60 | 200 | 1,583 | 3,472 | 1,117 | |
65/66B |
47,518 | 46,845 | 46,026 | 48,481 | 33,167 | 32,273 | 33,318 | 36,249 | 28,314 | 30,735 | 33,940 | 39,706 | 44,629 | 52,730 | 63,231 | 80,754 | 86,347 | 98,640 | 96,650 | 89,635 | |
65 |
47,518 | 46,845 | 46,026 | 48,481 | 33,167 | 32,273 | 33,318 | 36,249 | 28,314 | 30,735 | 33,940 | 39,706 | 44,629 | 52,730 | 63,231 | 80,754 | 86,347 | 98,640 | 96,650 | 89,635 | |
9903 |
-168,766 | 24,078 | 295,251 | 124,276 | 100,657 | 255,540 | 221,099 | 508,665 | 587,359 | 1,360 | 575,876 | 17,134 | 5,226 | -49,126 | -54,620 | -121,407 | 31,833 | -86,164 | -92,988 | 93,913 | |
780 |
11,200 | 11,200 | 11,200 | 8,761 | 2,106 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | - | - | - | 0 | 11,195 | - | 280 | 25,391 | 1,176 | 57,283 | 1,792 | 60 | - | - | - | - | - | - | - | |
9904 |
-157,566 | 35,279 | 306,451 | 133,037 | 102,763 | 244,970 | 222,291 | 358,200 | 389,504 | 4,119 | 522,529 | 19,277 | 9,101 | -45,191 | -50,685 | -117,472 | 35,768 | -82,229 | -89,053 | 97,848 | |
789 |
26,665 | 26,665 | 26,665 | 20,857 | 884 | 1,487 | 2,839 | 2,839 | 37,080 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | 7,642 | |
689 |
- | - | - | - | - | - | - | 360,378 | 372,011 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
-130,900 | 61,944 | 333,117 | 153,895 | 103,648 | 246,456 | 225,130 | 661 | 54,573 | 11,761 | 530,171 | 26,918 | 16,743 | -37,549 | -43,043 | -109,830 | 43,409 | -74,587 | -81,411 | 105,490 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-130,900 | 61,944 | 333,117 | 153,895 | 103,648 | 246,456 | 225,130 | 661 | 54,573 | 11,761 | 530,171 | 26,918 | -286,268 | -303,011 | -265,462 | -222,419 | -112,588 | -155,998 | -81,411 | 28,113 | |
791/2 |
130,900 | - | - | - | - | - | - | - | 646,102 | - | - | - | 1.1m | - | - | - | - | - | - | - | |
691/2 |
0 | 61,944 | 333,117 | 153,895 | 3,648 | 246,456 | 225,130 | 661 | - | 11,761 | 530,171 | 26,918 | 16,743 | - | - | - | - | - | - | 28,113 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 10,787 | 16,743 | - | - | - | - | - | - | - | |
6921 |
0 | 61,944 | 333,117 | 153,895 | 3,648 | 246,456 | 225,130 | 661 | - | 11,761 | 530,171 | 16,131 | - | - | - | - | - | - | - | 28,113 | |
694/7 |
- | - | - | 0 | 100,000 | - | - | - | 700,675 | - | - | - | 830,000 | - | - | - | - | - | - | - | |
694 |
- | - | - | 0 | 100,000 | - | - | - | 700,675 | - | - | - | 830,000 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 0.3 | 1 | 1 | 1 | 0.8 | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | 486 | 1,763 | 1,763 | 1,748 | 1,246 | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 22 older financial years (1984-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 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 31-07-2026.
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 | 31-07-2026 | 2026-00365276 | |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00330466 | |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00303068 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00284957 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20244811 | |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-44500225 | |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-45300269 | |
| 31-12-2018 | abbreviated format | 26-02-2020 | 2020-05700443 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-61100313 | |
| 31-12-2016 | micro format | 16-06-2017 | 2017-17900258 | |
| 31-12-2015 | abbreviated format | 06-07-2016 | 2016-29000155 | |
| 31-12-2014 | abbreviated format | 25-06-2015 | 2015-21700127 | |
| 31-12-2013 | abbreviated format | 20-06-2014 | 2014-19900061 | |
| 31-12-2012 | abbreviated format | 20-06-2013 | 2013-20100044 | |
| 31-12-2011 | abbreviated format | 14-08-2012 | 2012-41300343 | |
| 31-12-2010 | abbreviated format | 16-06-2011 | 2011-17500577 | |
| 31-12-2009 | abbreviated format | 05-08-2010 | 2010-39100444 | |
| 31-12-2008 | abbreviated format | 11-08-2009 | 2009-56400064 | |
| 31-12-2007 | abbreviated format | 25-07-2008 | 2008-47000094 | |
| 31-12-2006 | abbreviated format | 29-06-2007 | 2007-30200349 | |
| 31-12-2005 | abbreviated format | 30-06-2006 | 2006-35503233 | |
| 31-12-2004 | abbreviated format | 07-07-2005 | 2005-43003830 | |
| 31-12-2003 | abbreviated format | 21-06-2004 | 2004-27701286 | |
| 31-12-2002 | abbreviated format | 27-06-2003 | 2003-32705116 | |
| 31-12-2001 | abbreviated format | 03-07-2002 | 2002-32802743 | |
| 31-12-2000 | abbreviated format | 05-07-2001 | 2001-34201045 | |
| 31-12-1999 | abbreviated format | 27-07-2000 | 2000-46704016 | |
| 31-12-1998 | abbreviated format | 16-06-1999 | 1999-19000204 | |
| 31-12-1997 | abbreviated format | 08-06-1998 | 1998-14603278 | |
| 31-12-1996 | abbreviated format | 02-07-1997 | 1997-25803822 | |
| 31-12-1995 | abbreviated format | 13-06-1996 | 1996-16001416 | |
| 31-12-1994 | abbreviated format | 27-06-1995 | 1995-29802743 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-23301934 | |
| 31-12-1992 | abbreviated format | 07-06-1993 | 1993-10705148 | |
| 31-12-1991 | abbreviated format | 25-06-1992 | 1992-15203277 | |
| 31-12-1990 | abbreviated format | 18-06-1991 | 1991-11004712 | |
| 31-12-1989 | abbreviated format | 02-07-1990 | 1990-15300895 | |
| 31-12-1988 | abbreviated format | 30-06-1989 | 1989-14502421 | |
| 31-12-1987 | abbreviated format | 21-06-1988 | 1988-09802974 | |
| 31-12-1986 | abbreviated format | 23-07-1987 | 1987-18303769 | |
| 31-12-1985 | abbreviated format | 03-06-1986 | 1986-10902014 | |
| 31-12-1984 | full format | 02-07-1985 | 1985-19201720 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -43,119 | 16,857 | 145,512 | 41,220 | 22,401 | 79,371 | 40,792 | 578,365 | 607,630 | 76,254 | 71,120 | 133,544 | 132,595 | 119,077 | 154,321 | 132,588 | 290,753 | 188,818 | 167,481 | 357,249 | ||
| -79,436 | 110,241 | 383,999 | 196,700 | 225,608 | 272,101 | 257,779 | 395,240 | 404,524 | 52,983 | 580,217 | 83,532 | 93,217 | 73,959 | 97,173 | 55,775 | 208,466 | 95,745 | 83,289 | 273,411 | ||
| 0 | 11,450 | 0 | 281,399 | 2.2m | 6,009 | -4,668 | 838,539 | 1.3m | 11,620 | 2,875 | 5,600 | 2,580 | 6,191 | 0 | 6,783 | 26,021 | 57,549 | 35,401 | 17,514 | ||
| -5,682 | -63,215 | 24,686 | -237,993 | -153,783 | 234,788 | 174,001 | 46,637 | -914,608 | 278,304 | -72,806 | 672,521 | -29,305 | -59,466 | -62,467 | 159,195 | 16,877 | -119,825 | 29,111 | - | ||
| -1.2m | -949,027 | -838,350 | -1.0m | -737,876 | 344,650 | -45,955 | 117,435 | -1.6m | 369,018 | 333,165 | -34,935 | -405,072 | -406,898 | -462,032 | -536,044 | -572,466 | -753,610 | -790,094 | -838,229 | ||
| 31.1% | 33.8% | 32.0% | 26.4% | 23.8% | 37.6% | 31.6% | 24.4% | 19.4% | 72.0% | 67.1% | 55.2% | 60.7% | 50.8% | 49.0% | 49.2% | 51.7% | 48.0% | 50.2% | 51.5% | ||
| 0.09 | 0.09 | 0.20 | 0.09 | 0.31 | 3.35 | 0.89 | 1.45 | 0.02 | 1.63 | 1.45 | 0.96 | 0.29 | 0.58 | 0.57 | 0.51 | 0.47 | 0.38 | 0.33 | 0.30 | ||
| 0.07 | 0.06 | 0.20 | 0.09 | 0.31 | 3.35 | 0.89 | 1.45 | 0.02 | 1.63 | 1.45 | 0.96 | 0.29 | 0.58 | 0.57 | 0.51 | 0.47 | 0.38 | 0.33 | 0.30 | ||
| 2.05 | 1.80 | 1.96 | 2.57 | 2.95 | 1.41 | 1.86 | 2.70 | 3.77 | 0.38 | 0.48 | 0.79 | 0.62 | 0.94 | 1.01 | 1.00 | 0.90 | 1.04 | 0.95 | 0.90 | ||
| -10.0% | 2.0% | 18.0% | 9.5% | 8.1% | 19.4% | 21.9% | 45.1% | 89.5% | 0.3% | 33.6% | 1.9% | 0.9% | -4.2% | -4.5% | -9.9% | 2.8% | -6.5% | -6.6% | 6.8% | ||
| -3.1% | 0.7% | 5.8% | 2.5% | 1.9% | 7.3% | 6.9% | 11.0% | 17.4% | 0.2% | 22.6% | 1.0% | 0.5% | -2.1% | -2.2% | -4.9% | 1.4% | -3.1% | -3.3% | 3.5% | ||
| -0.91 | 0.36 | 3.16 | 0.85 | 0.68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €11,450 | - | €281,399 | €2.2m |
| €78,130 | €74,962 | €77,547 | €63,663 | €122,844 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on IDP
The operating result for 2025 is a loss of €121,249, larger than the loss of €58,105 in 2024. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 60.7% to 63.6%. Equity is lower and debt is higher.