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Annual accounts 2025
abbreviated format, filed on 16-06-2026, 45 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €202,529 on 31-12-2025in euro
in euro
Position in the sector
-74.4%
Higher than 8% of 3,407 companies in 2025.
0.06
Lower than 95% of 3,268 companies in 2025.
-13.0%
Higher than 14% of 3,316 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
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 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
202,529 | 246,021 | 346,994 | 102,617 | 82,828 | 76,841 | 57,307 | 69,580 | 78,509 | 77,732 | 66,182 | |
21/28 |
182,491 | 184,244 | 245,438 | 25,690 | 9,720 | 7,198 | 10,629 | 17,519 | 17,766 | 2,646 | 5,139 | |
22/27 |
182,491 | 184,244 | 245,438 | 25,690 | 9,720 | 7,198 | 10,629 | 17,519 | 17,766 | 2,646 | 5,139 | |
23 |
8,491 | 8,537 | 9,808 | 6,748 | 5,625 | 2,839 | 270 | 1,041 | 1,003 | 852 | 2,910 | |
24 |
174,000 | 175,707 | 235,630 | 18,943 | 4,096 | 4,359 | 10,359 | 16,478 | 16,764 | 1,794 | 2,229 | |
29/58 |
20,039 | 61,777 | 101,556 | 76,926 | 73,107 | 69,643 | 46,678 | 52,062 | 60,743 | 75,087 | 61,043 | |
40/41 |
4,981 | 36,810 | 49,570 | 63,044 | 30,585 | 25,939 | 31,460 | 33,862 | 39,027 | 56,807 | 49,442 | |
40 |
331 | 32,160 | 44,906 | 58,362 | 30,565 | 25,939 | 23,566 | 31,558 | 39,027 | 56,807 | 49,442 | |
41 |
4,650 | 4,650 | 4,664 | 4,682 | 20 | - | 7,893 | 2,303 | - | - | - | |
54/58 |
14,458 | 24,285 | 51,329 | 13,438 | 42,053 | 37,928 | 14,127 | 18,200 | 21,716 | 18,279 | 11,600 | |
490/1 |
599 | 682 | 657 | 444 | 469 | 5,776 | 1,091 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
202,529 | 246,021 | 346,994 | 102,617 | 82,828 | 76,841 | 57,307 | 69,580 | 78,509 | 77,732 | 66,182 | |
10/15 |
-150,706 | -124,405 | -57,928 | 19,629 | 8,554 | 20,128 | 28,189 | 32,407 | 31,702 | 31,902 | 30,889 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | - | - | - | - | - | |
1109/19 |
18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | 22,140 | 22,140 | 22,140 | 22,140 | 22,140 | |
14 |
-171,166 | -144,865 | -78,388 | -831 | 494 | 12,068 | -2,011 | 2,207 | 1,502 | 1,702 | 689 | |
17/49 |
353,235 | 370,426 | 404,921 | 82,988 | 74,274 | 56,713 | 29,118 | 37,173 | 46,807 | 45,830 | 35,293 | |
17 |
- | - | - | - | - | 1,245 | 4,203 | 7,118 | 9,989 | - | - | |
170/4 |
- | - | - | - | - | 1,245 | 4,203 | 7,118 | 9,989 | - | - | |
42/48 |
353,235 | 370,426 | 404,921 | 82,988 | 74,274 | 55,468 | 24,915 | 30,055 | 36,801 | 45,830 | 35,293 | |
42 |
- | - | - | - | 1,245 | 2,958 | 2,914 | 2,872 | 3,063 | - | - | |
43 |
18 | - | 15 | - | - | - | - | - | - | - | - | |
430/8 |
18 | - | 15 | - | - | - | - | - | - | - | - | |
44 |
4,407 | 22,406 | 20,910 | 45,384 | 28,270 | 22,745 | 21,731 | 21,830 | 23,840 | 22,172 | 11,358 | |
440/4 |
4,407 | 22,406 | 20,910 | 45,384 | 28,270 | 22,745 | 21,731 | 21,830 | 23,840 | 22,172 | 11,358 | |
46 |
- | 769 | - | - | - | - | - | - | - | - | - | |
45 |
5,228 | 5,638 | 7,075 | 7,658 | 13,037 | 11,038 | 270 | 1,456 | 4,038 | 18,493 | 17,471 | |
450/3 |
3,523 | 3,939 | 5,410 | 7,658 | 13,037 | 11,038 | 270 | 1,456 | 4,038 | 18,493 | 17,471 | |
454/9 |
1,706 | 1,699 | 1,666 | - | - | - | - | - | - | - | - | |
47/48 |
343,581 | 341,613 | 376,921 | 29,945 | 31,721 | 18,727 | - | 3,898 | 5,860 | 5,165 | 6,464 | |
492/3 |
- | - | - | - | - | - | - | - | 16 | - | - | |
| Income statement | ||||||||||||
9900 |
-13,427 | 2,062 | -14,673 | 5,379 | 33,157 | 27,985 | 4,963 | 11,287 | 8,441 | 5,614 | 48,315 | |
630 |
7,027 | 65,003 | 60,975 | 4,717 | 6,377 | 6,433 | 6,889 | 7,057 | 5,639 | 2,493 | 3,955 | |
631/4 |
3,839 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,553 | 1,438 | 1,527 | 970 | 790 | 3,167 | 1,952 | 2,169 | 2,244 | 1,777 | 2,960 | |
66A |
- | - | - | 699 | - | - | - | - | - | - | - | |
9901 |
-25,846 | -64,379 | -77,175 | -1,007 | 25,990 | 18,385 | -3,879 | 2,061 | 558 | 1,344 | 41,400 | |
75/76B |
41 | 0 | 0 | 24 | 506 | 0 | 12 | 23 | 8 | 31 | 56 | |
75 |
41 | 0 | 0 | 24 | 506 | 0 | 12 | 23 | 8 | 31 | 56 | |
65/66B |
351 | 238 | 251 | 218 | 190 | 167 | 220 | 408 | 191 | 72 | 111 | |
65 |
351 | 238 | 251 | 218 | 190 | 167 | 220 | 408 | 191 | 72 | 111 | |
9903 |
-26,156 | -64,617 | -77,425 | -1,201 | 26,306 | 18,219 | -4,087 | 1,676 | 375 | 1,303 | 41,345 | |
67/77 |
145 | 1,860 | 132 | 124 | 6,880 | 4,140 | 131 | 972 | 575 | 290 | 16,657 | |
9904 |
-26,301 | -66,477 | -77,557 | -1,325 | 19,426 | 14,079 | -4,218 | 705 | -200 | 1,014 | 24,689 | |
9905 |
-26,301 | -66,477 | -77,557 | -1,325 | 19,426 | 14,079 | -4,218 | 705 | -200 | 1,014 | 24,689 | |
| Appropriation of the result | ||||||||||||
9906 |
-171,166 | -144,865 | -78,388 | -831 | 31,494 | 12,068 | -2,011 | 2,207 | 1,502 | 1,702 | 24,689 | |
14P |
-144,865 | -78,388 | -831 | 494 | 12,068 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 22,140 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 24,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | - | - | - | - | - | 22,140 | |
694/7 |
- | - | - | - | 31,000 | 22,140 | - | - | - | - | - | |
694 |
- | - | - | - | 31,000 | 22,140 | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 4 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 16-06-2026.
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 | abbreviated format | 16-06-2026 | 2026-00171487 | |
| 31-12-2024 | micro format | 13-06-2025 | 2025-00140545 | |
| 31-12-2023 | micro format | 24-05-2024 | 2024-00094824 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00097378 | |
| 31-12-2021 | micro format | 25-05-2022 | 2022-20034169 | |
| 31-12-2020 | micro format | 08-06-2021 | 2021-17800213 | |
| 31-12-2019 | micro format | 12-06-2020 | 2020-16200111 | |
| 31-12-2018 | micro format | 14-06-2019 | 2019-17800161 | |
| 31-12-2017 | micro format | 18-06-2018 | 2018-18800422 | |
| 31-12-2016 | micro format | 16-06-2017 | 2017-17500432 | |
| 31-12-2015 | abbreviated format | 17-06-2016 | 2016-18300004 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -18,819 | 624 | -16,200 | 3,710 | 32,367 | 24,818 | 3,010 | 9,118 | 6,197 | 3,837 | 45,355 | ||
| -19,275 | -1,474 | -16,582 | 3,392 | 25,803 | 20,512 | 2,671 | 7,762 | 5,439 | 3,507 | 28,644 | ||
| 5,273 | 3,809 | 280,737 | 22,294 | 8,899 | 3,002 | 0 | 6,809 | 20,759 | 0 | 9,094 | ||
| -9,827 | -27,044 | 37,891 | -28,615 | 4,125 | 23,800 | -4,073 | -3,516 | 3,437 | 6,679 | - | ||
| -333,196 | -308,649 | -303,366 | -6,061 | -1,167 | 14,175 | 21,763 | 22,006 | 23,941 | 29,257 | 25,750 | ||
| -74.4% | -50.6% | -16.7% | 19.1% | 10.3% | 26.2% | 49.2% | 46.6% | 40.4% | 41.0% | 46.7% | ||
| 0.06 | 0.17 | 0.25 | 0.93 | 0.98 | 1.26 | 1.87 | 1.73 | 1.65 | 1.64 | 1.73 | ||
| - | - | - | 4.23 | 8.68 | 2.82 | 1.03 | 1.15 | 1.48 | 1.44 | 1.14 | ||
| - | - | - | -6.7% | 227.1% | 69.9% | -15.0% | 2.2% | -0.6% | 3.2% | 79.9% | ||
| -13.0% | -27.0% | -22.4% | -1.3% | 23.5% | 18.3% | -7.4% | 1.0% | -0.3% | 1.3% | 37.3% | ||
| -53.63 | 2.62 | -64.64 | 17.03 | over 100 | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | €5,273 | €3,809 | €280,737 | €22,294 | €8,899 |
| €7,027 | €65,003 | €60,975 | €4,717 | €6,377 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ircglobe
The operating result for 2025 is a loss of €25,846, smaller than the loss of €64,379 in 2024.
Equity is negative. Debt (€353,235) exceeds the balance-sheet total (€202,529).