InitOne
Annual accounts 2025
micro format, filed on 29-06-2026, 32 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 ≈ €140,000. Estimated: probably between €130,000 and €190,000.
Balance sheet
balance sheet total €125,415 on 31-12-2025in euro
in euro
Position in the sector
52.5%
Higher than 43% of 21,208 companies in 2025.
1.65
Higher than 36% of 20,571 companies in 2025.
39.9%
Higher than 78% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · 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 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
125,415 | 98,430 | 83,296 | 29,667 | 10,078 | 53,158 | |
21/28 |
27,308 | 37,779 | 48,323 | 1,927 | 2,769 | 3,315 | |
22/27 |
27,203 | 37,674 | 48,218 | 1,822 | 2,664 | 3,210 | |
24 |
27,203 | 37,674 | 48,218 | 1,822 | 2,664 | 3,210 | |
28 |
105 | 105 | 105 | 105 | 105 | 105 | |
29/58 |
98,107 | 60,651 | 34,973 | 27,740 | 7,309 | 49,843 | |
40/41 |
18,889 | 28,252 | 23,495 | 11,519 | 234 | 24,963 | |
40 |
17,243 | 26,579 | 23,245 | 11,519 | - | 24,963 | |
41 |
1,647 | 1,673 | 250 | - | 234 | - | |
54/58 |
66,272 | 29,341 | 8,592 | 16,171 | 7,075 | 24,880 | |
490/1 |
12,945 | 3,059 | 2,886 | 50 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
125,415 | 98,430 | 83,296 | 29,667 | 10,078 | 53,158 | |
10/15 |
65,815 | 65,749 | 49,120 | 20,220 | 9,565 | 13,391 | |
10/11 |
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
13 |
15,000 | 5,000 | 5,000 | - | - | - | |
133 |
15,000 | 5,000 | 5,000 | - | - | - | |
14 |
43,815 | 53,749 | 37,120 | 13,220 | 2,565 | 6,391 | |
17/49 |
59,600 | 32,681 | 34,176 | 9,447 | 513 | 39,767 | |
17 |
- | - | 1,731 | - | - | - | |
170/4 |
- | - | 1,731 | - | - | - | |
42/48 |
59,600 | 32,681 | 32,445 | 9,447 | 513 | 39,767 | |
42 |
0 | 1,731 | 9,783 | - | - | - | |
44 |
897 | 875 | 6,517 | 1,154 | 513 | 277 | |
440/4 |
897 | 875 | 6,517 | 1,154 | 513 | 277 | |
45 |
8,703 | 6,546 | 7,322 | 8,293 | - | 9,490 | |
450/3 |
7,738 | 6,546 | 7,322 | 8,293 | - | 9,490 | |
454/9 |
965 | - | - | - | - | - | |
47/48 |
50,000 | 23,529 | 8,823 | - | - | 30,000 | |
| Income statement | |||||||
9900 |
75,066 | 62,770 | 54,504 | 16,103 | -2,353 | 38,449 | |
630 |
10,471 | 10,544 | 4,708 | 1,536 | 1,438 | 286 | |
640/8 |
481 | 626 | 1,854 | 348 | - | - | |
9901 |
64,114 | 51,600 | 47,942 | 14,219 | -3,791 | 38,163 | |
75/76B |
- | - | 1 | 1 | 15 | - | |
75 |
- | - | 1 | 1 | 15 | - | |
65/66B |
180 | 864 | 279 | 155 | 27 | 22 | |
65 |
180 | 864 | 279 | 155 | 27 | 22 | |
9903 |
63,934 | 50,736 | 47,664 | 14,065 | -3,803 | 38,141 | |
67/77 |
13,867 | 10,578 | 9,941 | 3,410 | 23 | 1,750 | |
9904 |
50,066 | 40,158 | 37,723 | 10,655 | -3,826 | 36,391 | |
9905 |
50,066 | 40,158 | 37,723 | 10,655 | -3,826 | 36,391 | |
| Appropriation of the result | |||||||
9906 |
103,815 | 77,278 | 50,943 | 13,220 | 2,565 | 36,391 | |
14P |
53,749 | 37,120 | 13,220 | 2,565 | 6,391 | - | |
691/2 |
10,000 | - | 5,000 | - | - | - | |
6921 |
10,000 | - | 5,000 | - | - | - | |
694/7 |
50,000 | 23,529 | 8,823 | - | - | 30,000 | |
694 |
50,000 | - | 8,823 | - | - | - | |
695 |
- | 23,529 | - | - | - | 30,000 | |
| 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 29-06-2026.
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 | 29-06-2026 | 2026-00213208 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00241816 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00195614 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00283524 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20253036 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44000138 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 74,585 | 62,144 | 52,650 | 15,755 | -2,353 | 38,449 | ||
| 60,537 | 50,703 | 42,431 | 12,191 | -2,388 | 36,677 | ||
| 0 | 0 | 51,104 | 694 | 892 | 3,601 | ||
| 36,932 | 20,749 | -7,579 | 9,096 | -17,805 | - | ||
| 38,507 | 27,970 | 2,528 | 18,293 | 6,796 | 10,076 | ||
| 52.5% | 66.8% | 59.0% | 68.2% | 94.9% | 25.2% | ||
| 1.65 | 1.86 | 1.08 | 2.94 | 14.25 | 1.25 | ||
| 0.91 | 0.50 | 0.70 | 0.47 | 0.05 | 2.97 | ||
| 76.1% | 61.1% | 76.8% | 52.7% | -40.0% | 271.8% | ||
| 39.9% | 40.8% | 45.3% | 35.9% | -38.0% | 68.5% | ||
| over 100 | 71.93 | over 100 | over 100 | -87.15 | - |
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 | - | - | €51,104 | €694 | €892 |
| Financial fixed assets | €0 | - | - | - | - |
| €10,471 | €10,544 | €4,708 | €1,536 | €1,438 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on InitOne
The operating result for 2025 is 24% 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 rises from 33.2% to 47.5%. Equity and debt are higher.