IS4IT
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 28-04-2026 PDF all 12 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€15,881▼ 95.0%
2024 · -€8,144
Working capital
€179,323▼ 7.5%
2024 · €193,961
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€20,295
▼ 93.7%
2025
20182025
Net result
-€15,881
▼ 95.0%
2025
20182025
Equity
€181,242
▼ 8.1%
2025
20182025
Total assets
€198,621
▼ 34.4%
2025
20182025
Debt
€17,379
▼ 83.6%
2025
20182025
Working capital
€179,323
▼ 7.5%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€44,333-€32,423▼ 26.9%€56,709▲ 74.9%€53,993▼ 4.8%€60,070▲ 11.3%€67,598▲ 12.5%-€10,479-€20,295▼ 93.7%
Net result€34,260-€25,132▼ 26.6%€41,079▲ 63.5%€38,966▼ 5.1%€41,715▲ 7.1%€49,003▲ 17.5%-€8,144-€15,881▼ 95.0%
Equity€189,372-€194,504▲ 2.7%€215,583▲ 10.8%€234,549▲ 8.8%€256,264▲ 9.3%€305,268▲ 19.1%€197,123▼ 35.4%€181,242▼ 8.1%
Total assets€210,177-€228,203▲ 8.6%€245,590▲ 7.6%€270,816▲ 10.3%€294,618▲ 8.8%€319,735▲ 8.5%€302,904▼ 5.3%€198,621▼ 34.4%
Debt€20,804-€33,699▲ 62.0%€30,007▼ 11.0%€36,267▲ 20.9%€38,354▲ 5.8%€14,467▼ 62.3%€105,781▲ 631%€17,379▼ 83.6%
Working capital€189,009-€187,928▼ 0.6%€212,386▲ 13.0%€232,547▲ 9.5%€251,802▲ 8.3%€302,159▲ 20.0%€193,961▼ 35.8%€179,323▼ 7.5%
The operating result for 2025 is a loss of €20,295, larger than the loss of €10,479 in 2024. It is the lowest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198,621
Fixed assets
€1,920 ▼ 39.3%
Current assets
€196,701 ▼ 34.4%
Equity and liabilities €198,621
Equity
€181,242 ▼ 8.1%
Debt
€17,379 ▼ 83.6%
Debt's share of the balance-sheet total falls from 34.9% to 8.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€19,052▼
2024 · -€8,814
Cash flow
-€14,638▼
2024 · -€6,479
Current ratio
11.32▲
2024 · 2.83
Debt to equity
0.10▼
2024 · 0.54
ROE
-8.8%▼
2024 · -4.1%
ROA
-8.0%▼
2024 · -2.7%
Interest coverage
-614.96
Debt ≤ 1 year
€17,379▼
2024 · €105,781
Income taxes
-€4▼
2024 · €373
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,092 | €3,350 | - | €1,719 | - |
| Depreciation and write-downs of the year | €3,287 | €879 | €1,367 | €1,666 | €1,243 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €8,374 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €191 | €3,391 | €3,391 | €3,287 | €879 | €1,367 | €1,666 | €1,243 | ▼ 25.4% |
| Other operating charges640/8 | - | - | - | €594 | €606 | €662 | €411 | €400 | ▼ 2.8% |
| Gross operating margin9900 | €44,872 | €36,361 | €60,692 | €57,875 | €61,555 | €69,627 | -€8,402 | -€18,652 | ▼ 122% |
| Operating profit (loss)9901 | €44,333 | €32,423 | €56,709 | €53,993 | €60,070 | €67,598 | -€10,479 | -€20,295 | ▼ 93.7% |
| Financial income75/76B | - | - | - | €199 | €274 | €181 | €2,707 | €4,441 | ▲ 64.0% |
| Recurring financial income75 | €207 | €231 | €149 | €199 | €274 | €181 | €2,707 | €4,441 | ▲ 64.0% |
| Financial charges65/66B | - | - | - | €52 | €32 | - | - | €31 | - |
| Recurring financial charges65 | €1,133 | €768 | - | €52 | €32 | - | - | €31 | - |
| Profit (loss) for the period before taxes9903 | €43,407 | €31,886 | €56,858 | €54,140 | €60,313 | €67,779 | -€7,772 | -€15,885 | ▼ 104% |
| Income taxes67/77 | €9,147 | €6,755 | €15,778 | €15,174 | €18,597 | €18,775 | €373 | -€4 | - |
| Profit (loss) for the period9904 | €34,260 | €25,132 | €41,079 | €38,966 | €41,715 | €49,003 | -€8,144 | -€15,881 | ▼ 95.0% |
| Profit (loss) for the period to be appropriated9905 | €34,260 | €25,132 | €41,079 | €38,966 | €41,715 | €49,003 | -€8,144 | -€15,881 | ▼ 95.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €210,177 | €228,203 | €245,590 | €270,816 | €294,618 | €319,735 | €302,904 | €198,621 | ▼ 34.4% |
| Fixed assets21/28 | €382 | €6,591 | €3,200 | €2,005 | €4,476 | €3,109 | €3,163 | €1,920 | ▼ 39.3% |
| Tangible fixed assets22/27 | €382 | €6,591 | €3,200 | €2,005 | €4,476 | €3,109 | €3,163 | €1,920 | ▼ 39.3% |
| Furniture and vehicles24 | - | - | - | €2,005 | €4,476 | €3,109 | €3,163 | €1,920 | ▼ 39.3% |
| Current assets29/58 | €209,794 | €221,612 | €242,390 | €268,811 | €290,142 | €316,626 | €299,742 | €196,701 | ▼ 34.4% |
| Amounts receivable within one year40/41 | €11,544 | €16,142 | €16,715 | €10,971 | €11,665 | €9,219 | €21,490 | €25,878 | ▲ 20.4% |
| Trade receivables40 | - | - | - | €9,903 | €10,252 | €8,400 | €1,977 | - | - |
| Other amounts receivable41 | - | - | - | €1,068 | €1,413 | €819 | €19,514 | €25,878 | ▲ 32.6% |
| Cash at bank and in hand54/58 | €197,480 | €204,191 | €224,344 | €256,534 | €277,001 | €305,987 | €277,764 | €170,384 | ▼ 38.7% |
| Deferred charges and accrued income490/1 | - | - | - | €1,307 | €1,476 | €1,420 | €487 | €439 | ▼ 9.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €210,177 | €228,203 | €245,590 | €270,816 | €294,618 | €319,735 | €302,904 | €198,621 | ▼ 34.4% |
| Equity10/15 | €189,372 | €194,504 | €215,583 | €234,549 | €256,264 | €305,268 | €197,123 | €181,242 | ▼ 8.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €41,860 | €79,860 | €120,860 | €168,860 | €168,860 | €168,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €78,000 | €119,000 | €167,000 | €167,000 | €167,000 | = |
| Profit (loss) carried forward14 | €168,912 | €174,044 | €155,123 | €136,089 | €116,804 | €117,808 | €9,663 | -€6,218 | - |
| Amounts payable17/49 | €20,804 | €33,699 | €30,007 | €36,267 | €38,354 | €14,467 | €105,781 | €17,379 | ▼ 83.6% |
| Amounts payable within one year42/48 | €20,786 | €33,684 | €30,004 | €36,265 | €38,340 | €14,467 | €105,781 | €17,379 | ▼ 83.6% |
| Trade debts44 | €681 | €121 | €147 | €130 | €136 | €555 | €2,269 | €579 | ▼ 74.5% |
| Suppliers440/4 | - | - | - | €130 | €136 | €555 | €2,269 | €579 | ▼ 74.5% |
| Taxes, remuneration and social security45 | - | - | - | €10,959 | €9,473 | €10,651 | €3,512 | €16,800 | ▲ 378% |
| Taxes450/3 | - | - | - | €10,959 | €9,473 | €10,651 | €3,512 | €16,800 | ▲ 378% |
| Other amounts payable47/48 | - | - | - | €25,176 | €28,731 | €3,260 | €100,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €3 | €14 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,260 | €25,132 | €41,079 | €38,966 | €41,715 | €49,003 | -€8,144 | -€15,881 | ▼ 95.0% |
| + Depreciation and write-downs630 | €191 | €3,391 | €3,391 | €3,287 | €879 | €1,367 | €1,666 | €1,243 | ▼ 25.4% |
| Operating cash flow (approximation) | €34,451 | €28,523 | €44,470 | €42,253 | €42,594 | €50,371 | -€6,479 | -€14,638 | ▼ 126% |
| Investment in fixed assets (approximation) | - | -€9,600 | €0 | -€2,092 | -€3,350 | €0 | -€1,719 | €0 | - |
| Change in cash | - | €6,711 | €20,154 | €32,189 | €20,467 | €28,986 | -€28,222 | -€107,380 | ▼ 280% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-04-2026 | 2026-00094311 | |
| 31-12-2024 | micro format | 20-06-2025 | 2025-00166440 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00301313 | |
| 31-12-2022 | micro format | 11-05-2023 | 2023-00085239 | |
| 31-12-2021 | micro format | 02-05-2022 | 2022-20015942 | |
| 31-12-2020 | full format | 20-05-2021 | 2021-14500540 | |
| 31-12-2019 | full format | 12-05-2020 | 2020-11800361 | |
| 31-12-2018 | full format | 18-05-2019 | 2019-13800122 | |
| 31-12-2017 | full format | 23-05-2018 | 2018-13400005 | |
| 31-12-2016 | full format | 05-05-2017 | 2017-11200038 |