IMPLEMENT
Annual accounts 2025
micro format, filed on 24-06-2026, 37 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €150,000 and €210,000.
Balance sheet
balance sheet total €145,096 on 31-12-2025in euro
in euro
Position in the sector
14.1%
Higher than 17% of 21,206 companies in 2025.
1.09
Higher than 21% of 20,569 companies in 2025.
49.1%
Higher than 85% of 20,744 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
145,096 | 205,004 | 112,608 | 118,166 | 115,881 | 257,734 | 134,363 | 74,311 | 60,074 | |
21/28 |
24,347 | 31,861 | 2,256 | 1,826 | 3,111 | 7,791 | 13,236 | 17,488 | 21,302 | |
22/27 |
24,347 | 31,861 | 2,256 | 1,826 | 3,111 | 7,791 | 13,236 | 17,488 | 21,302 | |
24 |
24,347 | 31,861 | 2,256 | 1,826 | 3,111 | 7,791 | 13,236 | 17,488 | 21,302 | |
29/58 |
120,749 | 173,143 | 110,352 | 116,339 | 112,770 | 249,943 | 121,127 | 56,823 | 38,772 | |
40/41 |
14,524 | 4,377 | 3,469 | 105 | 2,414 | 3,534 | 4,379 | 38,720 | 74 | |
40 |
231 | - | - | 105 | - | 1,126 | 2,500 | 38,720 | 74 | |
41 |
14,293 | 4,377 | 3,469 | - | 2,414 | 2,408 | 1,879 | - | - | |
54/58 |
92,899 | 168,048 | 105,512 | 115,960 | 110,090 | 246,409 | 116,748 | 17,719 | 38,259 | |
490/1 |
13,326 | 718 | 1,371 | 275 | 266 | - | - | 385 | 439 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
145,096 | 205,004 | 112,608 | 118,166 | 115,881 | 257,734 | 134,363 | 74,311 | 60,074 | |
10/15 |
20,460 | 32,783 | 101,339 | 20,460 | 21,246 | 194,230 | 77,102 | 53,232 | 28,278 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 22,078 | 22,078 | 22,078 | 22,078 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | 20,218 | 20,218 | 20,218 | 20,218 | |
14 |
- | 12,323 | 80,879 | - | 786 | 153,552 | 48,824 | 24,954 | - | |
17/49 |
124,636 | 172,221 | 11,269 | 97,706 | 94,635 | 63,504 | 57,261 | 21,079 | 31,796 | |
17 |
13,956 | 19,932 | - | - | - | - | - | 2,858 | 11,353 | |
170/4 |
13,956 | 19,932 | - | - | - | - | - | 2,858 | 11,353 | |
42/48 |
110,680 | 152,289 | 11,269 | 97,706 | 94,635 | 61,504 | 57,261 | 18,221 | 20,350 | |
42 |
5,977 | 5,702 | - | 1,864 | 1,865 | 1,842 | 2,858 | 8,496 | 8,380 | |
44 |
522 | 166 | 2,110 | 268 | - | 1,250 | 910 | 820 | 72 | |
440/4 |
522 | 166 | 2,110 | 268 | - | 1,250 | 910 | 820 | 72 | |
46 |
15,125 | - | - | - | - | 42,350 | 42,350 | - | - | |
45 |
5,442 | 9,588 | 9,159 | 11,366 | 3,629 | 15,500 | 9,544 | 8,765 | 11,843 | |
450/3 |
5,442 | 9,588 | 9,159 | 11,366 | 3,629 | 15,500 | 9,544 | 7,265 | 11,843 | |
454/9 |
- | - | - | - | - | - | - | 1,500 | - | |
47/48 |
83,615 | 136,833 | - | 84,208 | 89,141 | 563 | 1,600 | 140 | 54 | |
492/3 |
- | - | - | - | - | 2,000 | - | - | 93 | |
| Income statement | ||||||||||
76A |
- | - | - | - | - | - | - | - | 4,926 | |
9900 |
108,942 | 96,482 | 104,389 | 107,754 | 120,830 | 141,785 | 40,542 | 38,992 | 40,542 | |
630 |
9,969 | 8,699 | 968 | 1,285 | 6,036 | 6,396 | 6,527 | 6,097 | 8,057 | |
640/8 |
675 | 589 | 504 | 400 | 268 | 321 | 510 | 307 | 1,358 | |
9901 |
98,299 | 87,193 | 102,917 | 106,070 | 114,525 | 135,068 | 33,504 | 32,588 | 31,127 | |
75/76B |
98 | - | 18 | - | 58 | 36 | - | 2 | 0 | |
75 |
98 | - | 18 | - | 58 | 36 | - | 2 | 0 | |
65/66B |
1,400 | 1,306 | 276 | 359 | 837 | 449 | 351 | 370 | 446 | |
65 |
1,400 | 1,306 | 276 | 359 | 837 | 449 | 351 | 370 | 446 | |
9903 |
96,997 | 85,887 | 102,659 | 105,711 | 113,746 | 134,655 | 33,153 | 32,219 | 30,680 | |
67/77 |
25,705 | 18,155 | 21,781 | 22,654 | 24,461 | 29,927 | 7,683 | 7,265 | 8,602 | |
9904 |
71,292 | 67,733 | 80,879 | 83,057 | 89,286 | 104,728 | 25,470 | 24,954 | 22,078 | |
9905 |
71,292 | 67,733 | 80,879 | 83,057 | 89,286 | 104,728 | 25,470 | 24,954 | 22,078 | |
| Appropriation of the result | ||||||||||
9906 |
83,615 | 148,611 | 80,879 | 83,843 | 242,837 | 153,552 | 50,424 | 24,954 | 22,078 | |
14P |
12,323 | 80,879 | - | 786 | 153,552 | - | - | - | - | |
791/2 |
- | - | - | - | 20,218 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 22,078 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | - | - | - | 20,218 | |
694/7 |
83,615 | 136,289 | - | 83,843 | 262,270 | - | 1,600 | - | - | |
694 |
83,615 | 136,289 | - | 83,843 | 260,770 | - | 1,600 | - | - | |
695 |
- | - | - | - | 1,500 | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 6 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 24-06-2026.
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 | micro format | 24-06-2026 | 2026-00191407 | |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00268422 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00170044 | |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00134128 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20216527 | |
| 31-12-2020 | micro format | 16-07-2021 | 2021-36300040 | |
| 31-12-2019 | micro format | 13-08-2020 | 2020-40900267 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57100326 | |
| 31-12-2017 | micro format | 18-06-2018 | 2018-19300469 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 108,268 | 95,892 | 103,885 | 107,354 | 120,562 | 141,463 | 40,031 | 38,684 | 39,184 | ||
| 81,261 | 76,432 | 81,846 | 84,342 | 95,322 | 111,123 | 31,997 | 31,051 | 30,135 | ||
| 2,455 | 38,304 | 1,398 | 0 | 1,356 | 950 | 2,275 | 2,283 | 29,359 | ||
| -75,149 | 62,536 | -10,447 | 5,870 | -136,319 | 129,661 | 99,030 | -20,540 | - | ||
| 10,069 | 20,854 | 99,082 | 18,634 | 18,135 | 188,439 | 63,866 | 38,602 | 18,422 | ||
| 14.1% | 16.0% | 90.0% | 17.3% | 18.3% | 75.4% | 57.4% | 71.6% | 47.1% | ||
| 1.09 | 1.14 | 9.79 | 1.19 | 1.19 | 4.06 | 2.12 | 3.12 | 1.91 | ||
| 6.09 | 5.25 | 0.11 | 4.78 | 4.45 | 0.33 | 0.74 | 0.40 | 1.12 | ||
| 348.4% | 206.6% | 79.8% | 406.0% | 420.3% | 53.9% | 33.0% | 46.9% | 78.1% | ||
| 49.1% | 33.0% | 71.8% | 70.3% | 77.0% | 40.6% | 19.0% | 33.6% | 36.8% | ||
| 77.32 | 73.43 | over 100 | over 100 | 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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,455 | €38,304 | €1,398 | - | €1,356 |
| €9,969 | €8,699 | €968 | €1,285 | €6,036 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on IMPLEMENT
The operating result for 2025 is 13% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 84.0% to 85.9%. Equity and debt are lower.