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IMPROVEMENT

Absorbed by CYMBELINE Private limited company (pre-2019)KBO/BCE: BE 0879.983.604 subsidiary of Cymbeline
IMPROVEMENT
Financial year 2025
Follow Report

Annual accounts 2025

micro format, filed on 13-04-2026, 109 days before the deadline
-€3,235
▼ €11,352
-€3,779
▼ €11,368
-€3,892
▼ €9,426
€10,010
▼ 28.0%
93.4%
▲ 8.8 percentage points
15.25
▲ 8.76

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €10,712 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 10,71216,43321,7596,9415,7126,06320,29623,29922,16833,44927,14219,32923,84211,15314,8908,64833,68632,16590,984
21/28 -01,950-----1,1602,4243242315761,8111,8222,6093,838--
21 -------01,1602,320---4961,4962,4963,496--
22/27 ---------1043242315761,315326113342--
24 ---------1043242315761,315326113342--
28 -01,950----------------
29/58 10,71216,43319,8096,9415,7126,06320,29623,29921,00831,02526,81819,09823,2669,34213,0686,03929,84932,16590,984
40/41 -4,62415,7444,4632,9362,28218,6158,0739,57731,0256,66110,87521,0765,0766,2595,27729,84932,16578,756
40 -4,56214,1392,2991,945-13,6132,0579,16527,1986,6618,07315,9074,0326,2595,06529,84932,16574,320
41 -621,6052,1649912,2825,0036,0164123,826-2,8025,1691,044-212--4,436
54/58 10,71211,8094,0652,4782,7763,6211,3508,64511,431-19,1438,2231,4964,2654,512---12,228
490/1 -----1603316,580--1,014-694-2,298763---
Balance sheet: equity and liabilities
10/49 10,71216,43321,7596,9415,7126,06320,29623,29922,16833,44927,14219,32923,84211,15314,8908,64833,68632,16590,984
10/15 10,01013,9028,3676,4585,4445,0056,5897,0947,0117,1946,8556,8206,8305,5565,3914,316-2,936-14,4258,554
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
10 6,2006,2006,200----------------
100 18,60018,6006,200---18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 12,40012,400----12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 200200200200200200200200200200200200200200200200200200200
130/1 200200200200200200-------------
130 200200200---200200200200200200200200200200200200200
1311 ---200200200-------------
14 3,6107,5021,96758-956-1,395189694611794455420430-844-1,009-2,084-9,336-20,8252,154
17/49 7022,53113,3924832681,05813,70716,20515,15826,25520,28612,50917,0125,5979,5004,33236,62346,59082,430
42/48 7022,53113,3924832681,03813,70716,20515,15826,25520,28612,50917,0124,1028,5554,33236,62346,59082,430
43 --------6721,550-----1,728283718-
430/8 --------6721,550-----1,728283718-
44 572,50912,6512262681,03813,70715,95814,35724,38319,84910,80215,7793,8356,5922,36434,24312,96181,060
440/4 572,50912,6512262681,03813,70715,95814,35724,38319,84910,80215,7793,8356,5922,36434,24312,96181,060
45 64522741257---2471293224371,7071,2322671,9632412,09732,9111,370
450/3 64522741257---2471293224371,7071,2322671,9632412,09719,7091,370
454/9 -----------------13,202-
492/3 -----20-------1,495945----
Income statement
76A ---------25---------
9900 -3,2358,1173,3941,7841,017-1,098842,1351,8482,6831,1172,1764,5392,9243,35613,07594,978133,2885,251
62 ----------------74,299154,250-
630 -------1,1601,2641,3982206911,2351,7391,2761,2281,848-800
631/4 ----------------6,273--
640/8 544528516469468467--4754736416406386048021,0169031,328709
66A ------480478-177-----3,236---
9901 -3,7797,5902,8781,315549-1,565-3964971098122578452,6675811,27810,83011,655-22,2903,741
75/76B 15---41--025110001418501
75 --------0-110001418501
76B 15---41---25---------
65/66B 7167674411420921731641771293911601492173607168819
65 71676744---173164-1293911601492173607168819
66B ----1142092--177---------
9903 -3,8357,5222,8111,271439-1,584-487324-556611284652,5074321,0747,25311,589-22,9783,724
67/77 571,988902257--17241129322934751,232267--101-1,370
9904 -3,8925,5341,9091,014439-1,584-50483-18433936-111,2741651,0747,25311,488-22,9782,354
9905 -3,8925,5341,9091,014439-1,584-50483-18433936-111,2741651,0747,25311,488-22,9782,354
Appropriation of the result
9906 3,6107,5021,96758-956-1,395189694611794455420430-844-1,009-2,084-9,336-20,8252,354
14P 7,5021,96858-956---------------
791/2 -0-----------------
691/2 -0----------------200
6920 -0----------------200
Social balance sheet
9087 ----------------0.52.3-
Hours worked1013 ----------------8803,198-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 13-04-2026.

Download as CSV

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 13-04-2026 2026-00077781 PDF
31-12-2024 micro format 19-04-2025 2025-00071892 PDF
31-12-2023 abbreviated format 30-03-2024 2024-00053306 PDF
31-12-2022 micro format 15-04-2023 2023-00059620 PDF
31-12-2021 micro format 03-02-2022 2022-04500557 PDF
31-12-2020 micro format 15-04-2021 2021-10400348 PDF
31-12-2019 micro format 30-03-2020 2020-07700370 PDF
31-12-2018 micro format 15-04-2019 2019-09900127 PDF
31-12-2017 abbreviated format 09-04-2018 2018-09300020 PDF
31-12-2016 abbreviated format 11-04-2017 2017-09200507 PDF
31-12-2015 abbreviated format 27-05-2016 2016-13400215 PDF
31-12-2014 abbreviated format 08-04-2015 2015-09100065 PDF
31-12-2013 abbreviated format 06-05-2014 2014-11300193 PDF
31-12-2012 abbreviated format 10-04-2013 2013-08500573 PDF
31-12-2011 abbreviated format 22-06-2012 2012-19400588 PDF
31-12-2010 abbreviated format 05-07-2011 2011-25900585 PDF
31-12-2009 abbreviated format 30-08-2010 2010-49900568 PDF
30-06-2008 abbreviated format 27-03-2009 2009-09500389 PDF
30-06-2007 abbreviated format 12-12-2007 2007-83000297 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
-------1,6571,3732,2104761,5363,9022,3202,55412,05813,503-4,541
-------1,2431,0811,7372566812,5091,9042,3518,48113,336-3,154
--1,950----003,48031334601,72848905,685--
-1,0977,7441,587-298-8452,271-7,295-2,786--10,9196,727-2,770-246-----
10,01013,9026,4176,4585,4445,0256,5897,0945,8514,7706,5316,5896,2545,2404,5131,707-6,774-14,4258,554
93.4%84.6%38.5%93.0%95.3%82.5%32.5%30.4%31.6%21.5%25.3%35.3%28.6%49.8%36.2%49.9%-8.7%-44.8%9.4%
15.256.491.4814.3721.315.841.481.441.391.181.321.531.372.281.531.390.820.691.10
0.070.181.600.070.050.212.082.282.163.652.961.832.491.011.761.00--9.64
-38.9%39.8%22.8%15.7%8.1%-31.6%-7.7%1.2%-2.6%4.7%0.5%-0.2%18.7%3.0%19.9%168.0%--27.5%
-36.3%33.7%8.8%14.6%7.7%-26.1%-2.5%0.4%-0.8%1.0%0.1%-0.1%5.3%1.5%7.2%83.9%34.1%-71.4%2.6%

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.

Overdue debts

tax and social security
Item2025202420232022
Overdue tax debts---€257

Source: notes to the 2022 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item2025202420232022
Financial fixed assets--€1,950-

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on IMPROVEMENT

The operating result for 2025 is a loss of €3,779, after a profit of €7,590 in 2024. It is the lowest result since 2008.

Debt's share of the balance-sheet total falls from 15.4% to 6.6%. Equity and debt are lower.

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