iPATH Solutions
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of 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 ≈ €430,000. Estimated: probably between €320,000 and €850,000.
Balance sheet
balance sheet total €290,899 on 31-12-2025in euro
in euro
Position in the sector
88.9%
Higher than 87% of 9,119 companies in 2025.
69.86
Higher than 95% of 8,757 companies in 2025.
49.5%
Higher than 91% of 8,885 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
290,899 | 250,194 | 2,067 | |
21/28 |
7,068 | - | - | |
21 |
7,068 | - | - | |
29/58 |
283,831 | 250,194 | 2,067 | |
40/41 |
34,162 | 84,915 | 625 | |
40 |
14,809 | 84,915 | - | |
41 |
19,353 | - | 625 | |
54/58 |
246,952 | 162,841 | 1,441 | |
490/1 |
2,717 | 2,438 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
290,899 | 250,194 | 2,067 | |
10/15 |
258,687 | 114,606 | -42,424 | |
10/11 |
100 | 100 | 100 | |
14 |
258,587 | 114,506 | -42,524 | |
16 |
28,150 | - | - | |
160/5 |
28,150 | - | - | |
164/5 |
28,150 | - | - | |
17/49 |
4,063 | 135,588 | 44,491 | |
42/48 |
4,063 | 135,588 | 44,491 | |
43 |
- | 65 | - | |
430/8 |
- | 65 | - | |
44 |
654 | 8,846 | 1,826 | |
440/4 |
654 | 8,846 | 1,826 | |
46 |
700 | 84,334 | - | |
45 |
2,709 | 37,900 | 575 | |
450/3 |
2,709 | 37,900 | 575 | |
47/48 |
- | 4,444 | 42,089 | |
| Income statement | ||||
9900 |
232,224 | 194,029 | -42,100 | |
630 |
2,382 | - | - | |
635/8 |
28,150 | - | - | |
640/8 |
373 | - | 407 | |
9901 |
201,319 | 194,029 | -42,508 | |
75/76B |
209 | 638 | - | |
75 |
209 | 638 | - | |
65/66B |
5,219 | 1,739 | 16 | |
65 |
5,219 | 1,739 | 16 | |
9903 |
196,309 | 192,928 | -42,524 | |
67/77 |
52,228 | 35,898 | - | |
9904 |
144,081 | 157,030 | -42,524 | |
9905 |
144,081 | 157,030 | -42,524 | |
| Appropriation of the result | ||||
9906 |
258,587 | 114,506 | -42,524 | |
14P |
114,506 | -42,524 | - | |
| Document | ||||
The notes to these accounts have 5 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 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 203,701 | - | - | ||
| 146,463 | - | - | ||
| 9,450 | - | - | ||
| 84,111 | 161,400 | - | ||
| 279,769 | 114,606 | -42,424 | ||
| 88.9% | 45.8% | - | ||
| 69.86 | 1.85 | - | ||
| 0.02 | 1.18 | - | ||
| 55.7% | 137.0% | - | ||
| 49.5% | 62.8% | - | ||
| 39.03 | - | - |
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 |
|---|---|---|---|
| Intangible fixed assets | €9,450 | - | - |
| €2,382 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on iPATH Solutions
The operating result for 2025 is 4% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 54.2% to 1.4%. Equity is higher and debt is lower.