INITIUM DIGITAL
Annual accounts 2025
abbreviated format, filed on 16-07-2026, 15 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €170,000 and €260,000.
Balance sheet
balance sheet total €108,828 on 31-12-2025in euro
in euro
Position in the sector
69.1%
Higher than 70% of 3,405 companies in 2025.
3.23
Higher than 70% of 3,266 companies in 2025.
18.7%
Higher than 72% of 3,314 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff
€71,156
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
108,828 | 83,576 | 71,175 | 54,074 | 39,374 | 45,676 | |
21/28 |
284 | 808 | 1,694 | 2,651 | 1,522 | - | |
21 |
284 | 599 | 892 | 1,207 | 1,522 | - | |
22/27 |
- | 209 | 802 | 1,444 | - | - | |
24 |
- | 209 | 802 | 1,444 | - | - | |
29/58 |
108,544 | 82,768 | 69,481 | 51,424 | 37,851 | 45,676 | |
40/41 |
103,100 | 77,216 | 47,356 | 19,969 | 20,106 | 10,924 | |
40 |
47,944 | 23,228 | 9,428 | 19,969 | 20,106 | 10,924 | |
41 |
55,157 | 53,987 | 37,927 | - | - | - | |
54/58 |
3,935 | 2,051 | 17,888 | 25,474 | 17,567 | 31,636 | |
490/1 |
1,509 | 3,501 | 4,238 | 5,980 | 178 | 3,115 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
108,828 | 83,576 | 71,175 | 54,074 | 39,374 | 45,676 | |
10/15 |
75,207 | 54,833 | 36,206 | 23,709 | 18,760 | 18,708 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
69,007 | 48,633 | 30,006 | 17,509 | 12,560 | 12,508 | |
133 |
69,007 | 48,633 | 30,006 | 17,509 | 12,560 | 12,508 | |
17/49 |
33,621 | 28,742 | 34,969 | 30,366 | 20,613 | 26,968 | |
42/48 |
33,621 | 28,742 | 34,928 | 27,666 | 20,613 | 26,768 | |
42 |
- | - | - | - | - | 884 | |
44 |
1,319 | 2,942 | 13,978 | 9,727 | 1,314 | 3,817 | |
440/4 |
1,319 | 2,942 | 13,978 | 9,727 | 1,314 | 3,817 | |
45 |
32,302 | 25,800 | 20,949 | 17,528 | 19,299 | 22,066 | |
450/3 |
22,424 | 19,528 | 12,911 | 9,306 | 9,397 | 10,547 | |
454/9 |
9,878 | 6,272 | 8,039 | 8,222 | 9,902 | 11,519 | |
47/48 |
- | - | - | 410 | - | - | |
492/3 |
- | - | 41 | 2,700 | - | 200 | |
| Income statement | |||||||
9900 |
87,695 | 82,913 | 73,494 | 58,418 | 46,251 | 105,856 | |
62 |
56,925 | 54,259 | 54,185 | 48,104 | 44,213 | 86,375 | |
630 |
524 | 886 | 957 | 796 | 53 | - | |
640/8 |
1,549 | 449 | 446 | 410 | 423 | 860 | |
9901 |
28,697 | 27,318 | 17,906 | 9,108 | 1,562 | 18,621 | |
75/76B |
1,169 | 1,060 | 427 | 1 | 7 | 2 | |
75 |
1,169 | 1,060 | 427 | 1 | 7 | 2 | |
65/66B |
1,574 | 146 | 219 | 180 | 335 | 298 | |
65 |
1,574 | 146 | 219 | 180 | 335 | 298 | |
9903 |
28,293 | 28,232 | 18,114 | 8,929 | 1,233 | 18,325 | |
67/77 |
7,919 | 9,605 | 5,616 | 3,981 | 1,181 | 5,817 | |
9904 |
20,374 | 18,627 | 12,498 | 4,948 | 52 | 12,508 | |
9905 |
20,374 | 18,627 | 12,498 | 4,948 | 52 | 12,508 | |
| Appropriation of the result | |||||||
9906 |
20,374 | 18,627 | 12,498 | 4,948 | 52 | 12,508 | |
691/2 |
20,374 | 18,627 | 12,498 | 4,948 | 52 | 12,508 | |
6921 |
20,374 | 18,627 | 12,498 | 4,948 | 52 | 12,508 | |
| Social balance sheet | |||||||
9087 |
0.8 | 0.8 | 0.8 | 0.8 | 1 | 0.8 | |
Hours worked1013 |
1,398 | 1,387 | 1,340 | 1,332 | 1,353 | 2,504 | |
| Document | |||||||
The notes to these accounts have 7 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 16-07-2026.
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 | 16-07-2026 | 2026-00304802 | |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00308278 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00428635 | |
| 31-12-2022 | abbreviated format | 28-09-2023 | 2023-00460393 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20179464 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42700003 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 29,221 | 28,204 | 18,863 | 9,904 | 1,614 | - | ||
| 20,898 | 19,513 | 13,455 | 5,745 | 105 | - | ||
| 0 | 0 | 0 | 1,925 | 1,575 | - | ||
| 1,884 | -15,837 | -7,586 | 7,907 | -14,070 | - | ||
| 74,923 | 54,026 | 34,554 | 23,758 | 17,238 | 18,908 | ||
| 69.1% | 65.6% | 50.9% | 43.8% | 47.6% | 41.0% | ||
| 3.23 | 2.88 | 1.99 | 1.86 | 1.84 | 1.71 | ||
| 0.45 | 0.52 | 0.97 | 1.28 | 1.10 | 1.44 | ||
| 27.1% | 34.0% | 34.5% | 20.9% | 0.3% | 66.9% | ||
| 18.7% | 22.3% | 17.6% | 9.2% | 0.1% | 27.4% | ||
| 18.56 | over 100 | 85.97 | 55.12 | 4.82 | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
| 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,925 | - |
| Intangible fixed assets | - | - | - | - | €1,575 |
| €524 | €886 | €957 | €796 | €53 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on INITIUM DIGITAL
The operating result for 2025 is 5% higher than in 2024 and the highest since 2020. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 34.4% to 30.9%. Equity and debt are higher.