Financials · financial year 2025, micro format
Annual accounts 2025 filed on 05-06-2026 PDF all 2 filings
Equity
€144,509▲ 181%
2024 · €51,339
Net result
€93,170▲ 92.7%
2024 · €48,339
Total assets
€547,288▲ 26.9%
2024 · €431,347
Solvency
26.4%▲ 14.5pp
2024 · 11.9%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€134,075
▲ 91.7%
2025
20242025
Net result
€93,170
▲ 92.7%
2025
highest quarter of the sector
20242025
Equity
€144,509
▲ 181%
2025
middle half of the sector
20242025
Total assets
€547,288
▲ 26.9%
2025
middle half of the sector
20242025
Debt
€402,779
▲ 6.0%
2025
20242025
Working capital
€189,885
▲ 91.6%
2025
highest quarter of the sector
20242025
Solvency
26.4%
▲ 14.5pp
2025
middle half of the sector
20242025
Current ratio
3.60
▼ 0.05
2025
middle half of the sector
20242025
Return on assets (ROA)
17.0%
▲ 5.8pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€69,947-€134,075▲ 91.7%
Net result€48,339within the sector's middle half-€93,170above the sector's middle half▲ 92.7%
Equity€51,339within the sector's middle half-€144,509within the sector's middle half▲ 181%
Total assets€431,347within the sector's middle half-€547,288within the sector's middle half▲ 26.9%
Debt€380,008-€402,779▲ 6.0%
Working capital€99,109within the sector's middle half-€189,885above the sector's middle half▲ 91.6%
Solvency11.9%below the sector's middle half-26.4%within the sector's middle half▲ 14.5pp
Current ratio3.64within the sector's middle half-3.60within the sector's middle half▼ 0.05
Return on assets (ROA)11.2%within the sector's middle half-17.0%within the sector's middle half▲ 5.8pp
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 92% higher 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
Assets €547,288
Fixed assets
€284,250 ▼ 3.6%
Current assets
€263,038 ▲ 92.6%
Equity and liabilities €547,288
Equity
€144,509 ▲ 181%
Debt
€402,779 ▲ 6.0%
Debt's share of the balance-sheet total falls from 88.1% to 73.6%. Equity and debt are higher.
Key figures and ratios
ROE
64.5%▼
2024 · 94.2%
Debt ≤ 1 year
€73,153▲
2024 · €37,488
Debt > 1 year
€329,626▼
2024 · €342,520
Income taxes
€32,453▲
2024 · €16,938
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €300,000 | - |
| Depreciation and write-downs of the year | €5,250 | €10,500 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,250 | €10,500 | ▲ 100% |
| Other operating charges640/8 | €36,000 | €1,705 | ▼ 95.3% |
| Gross operating margin9900 | €111,197 | €146,280 | ▲ 31.5% |
| Operating profit (loss)9901 | €69,947 | €134,075 | ▲ 91.7% |
| Financial income75/76B | €1 | - | - |
| Recurring financial income75 | €1 | - | - |
| Financial charges65/66B | €4,671 | €8,452 | ▲ 81.0% |
| Recurring financial charges65 | €4,671 | €8,452 | ▲ 81.0% |
| Profit (loss) for the period before taxes9903 | €65,277 | €125,623 | ▲ 92.4% |
| Income taxes67/77 | €16,938 | €32,453 | ▲ 91.6% |
| Profit (loss) for the period9904 | €48,339 | €93,170 | ▲ 92.7% |
| Profit (loss) for the period to be appropriated9905 | €48,339 | €93,170 | ▲ 92.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €431,347 | €547,288 | ▲ 26.9% |
| Fixed assets21/28 | €294,750 | €284,250 | ▼ 3.6% |
| Tangible fixed assets22/27 | €294,750 | €284,250 | ▼ 3.6% |
| Land and buildings22 | €294,750 | €284,250 | ▼ 3.6% |
| Current assets29/58 | €136,597 | €263,038 | ▲ 92.6% |
| Amounts receivable within one year40/41 | €768 | €3,477 | ▲ 353% |
| Trade receivables40 | €768 | €3,477 | ▲ 353% |
| Cash at bank and in hand54/58 | €135,829 | €259,562 | ▲ 91.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €431,347 | €547,288 | ▲ 26.9% |
| Equity10/15 | €51,339 | €144,509 | ▲ 181% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €48,339 | €141,509 | ▲ 193% |
| Distributable reserves133 | €48,339 | €141,509 | ▲ 193% |
| Amounts payable17/49 | €380,008 | €402,779 | ▲ 6.0% |
| Amounts payable after more than one year17 | €342,520 | €329,626 | ▼ 3.8% |
| Financial debts170/4 | €222,520 | €209,626 | ▼ 5.8% |
| Other amounts payable178/9 | €120,000 | €120,000 | = |
| Amounts payable within one year42/48 | €37,488 | €73,153 | ▲ 95.1% |
| Current portion of amounts payable after more than one year42 | €12,432 | €12,894 | ▲ 3.7% |
| Trade debts44 | €773 | €4,059 | ▲ 425% |
| Suppliers440/4 | €773 | €4,059 | ▲ 425% |
| Taxes, remuneration and social security45 | €24,283 | €55,836 | ▲ 130% |
| Taxes450/3 | €20,450 | €52,003 | ▲ 154% |
| Remuneration and social security454/9 | €3,833 | €3,833 | = |
| Other amounts payable47/48 | - | €364 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €48,339 | €93,170 | ▲ 92.7% |
| + Depreciation and write-downs630 | €5,250 | €10,500 | ▲ 100% |
| Operating cash flow (approximation) | €53,589 | €103,670 | ▲ 93.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €123,733 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.