ISM'EAU
Annual accounts 2025
abbreviated format, filed on 30-06-2026, 31 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 ≈ €150,000. Estimated: probably between €82,000 and €290,000.
Balance sheet
balance sheet total €160,801 on 31-12-2025in euro
in euro
Position in the sector
23.4%
Higher than 29% of 529 companies in 2025.
0.57
Higher than 10% of 520 companies in 2025.
18.9%
Higher than 84% of 519 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · 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 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
160,801 | 137,213 | 24,649 | 28,955 | 32,870 | 47,814 | |
21/28 |
90,170 | 90,533 | 530 | 866 | 1,456 | 2,086 | |
22/27 |
115 | 228 | 485 | 821 | 1,411 | 2,041 | |
23 |
115 | 228 | 485 | 741 | 998 | 1,255 | |
24 |
- | - | 0 | 79 | 413 | 786 | |
28 |
90,055 | 90,305 | 45 | 45 | 45 | 45 | |
29/58 |
70,631 | 46,680 | 24,119 | 28,089 | 31,413 | 45,728 | |
40/41 |
2,247 | 30,600 | 567 | 5,211 | 19,101 | 16,493 | |
40 |
- | 4,876 | - | 429 | 16,760 | 808 | |
41 |
2,247 | 25,724 | 567 | 4,783 | 2,341 | 15,686 | |
54/58 |
63,466 | 10,502 | 22,971 | 22,380 | 12,313 | 29,234 | |
490/1 |
4,917 | 5,578 | 582 | 498 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
160,801 | 137,213 | 24,649 | 28,955 | 32,870 | 47,814 | |
10/15 |
37,547 | 37,217 | 19,798 | 17,170 | 24,165 | 27,924 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
32,547 | 32,217 | 14,798 | 12,170 | 19,165 | 22,924 | |
133 |
32,547 | 32,217 | 14,798 | 12,170 | 19,165 | 22,924 | |
17/49 |
123,253 | 99,996 | 4,851 | 11,785 | 8,705 | 19,889 | |
42/48 |
123,253 | 99,996 | 4,851 | 11,785 | 8,705 | 19,889 | |
44 |
998 | 7,734 | 19 | 709 | 1,663 | 3,365 | |
440/4 |
998 | 7,734 | 19 | 709 | 1,663 | 3,365 | |
45 |
11,446 | 10,003 | 2,416 | 5,639 | 400 | 12,152 | |
450/3 |
11,446 | 10,003 | 2,416 | 2,933 | 400 | 8,652 | |
454/9 |
- | - | - | 2,706 | - | 3,500 | |
47/48 |
110,809 | 82,259 | 2,416 | 5,437 | 6,643 | 4,372 | |
| Income statement | |||||||
76A |
- | - | - | - | 6,903 | - | |
9900 |
42,628 | 26,766 | 5,599 | -5,315 | -2,013 | 29,877 | |
630 |
113 | 257 | 336 | 591 | 630 | 493 | |
640/8 |
1,385 | 817 | 446 | 881 | 141 | 517 | |
9901 |
41,130 | 25,692 | 4,816 | -6,787 | -2,784 | 28,868 | |
75/76B |
696 | 65 | 2 | 2 | 4 | 0 | |
75 |
696 | 65 | 2 | 2 | 4 | 0 | |
65/66B |
404 | 1,034 | 162 | 64 | 396 | 170 | |
65 |
404 | 1,034 | 162 | 64 | 396 | 170 | |
9903 |
41,422 | 24,724 | 4,657 | -6,849 | -3,177 | 28,698 | |
67/77 |
11,092 | 7,305 | 2,029 | 145 | 583 | 5,773 | |
9904 |
30,330 | 17,419 | 2,628 | -6,994 | -3,760 | 22,924 | |
9905 |
30,330 | 17,419 | 2,628 | -6,994 | -3,760 | 22,924 | |
| Appropriation of the result | |||||||
9906 |
30,330 | 17,419 | 2,628 | -6,994 | -3,760 | 22,924 | |
791/2 |
- | - | - | 6,994 | 3,760 | - | |
691/2 |
330 | 17,419 | 2,628 | - | - | 22,924 | |
6921 |
330 | 17,419 | 2,628 | - | - | 22,924 | |
694/7 |
30,000 | - | - | - | - | - | |
694 |
30,000 | - | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 6 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 30-06-2026.
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 | 30-06-2026 | 2026-00230819 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00347481 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00428364 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00282849 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20245199 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44400341 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 41,243 | 25,949 | 5,152 | -6,196 | -2,154 | 29,360 | ||
| 30,443 | 17,676 | 2,964 | -6,403 | -3,130 | 23,417 | ||
| -250 | 90,260 | 0 | 0 | 0 | 2,579 | ||
| 52,964 | -12,469 | 591 | 10,067 | -16,922 | - | ||
| -52,623 | -53,316 | 19,269 | 16,305 | 22,708 | 25,838 | ||
| 23.4% | 27.1% | 80.3% | 59.3% | 73.5% | 58.4% | ||
| 0.57 | 0.47 | 4.97 | 2.38 | 3.61 | 2.30 | ||
| 3.28 | 2.69 | 0.25 | 0.69 | 0.36 | 0.71 | ||
| 80.8% | 46.8% | 13.3% | -40.7% | -15.6% | 82.1% | ||
| 18.9% | 12.7% | 10.7% | -24.2% | -11.4% | 47.9% | ||
| over 100 | 25.10 | 31.80 | -96.43 | -5.43 | - |
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 |
|---|---|---|---|---|---|
| Financial fixed assets | - | €90,260 | - | - | - |
| €113 | €257 | €336 | €591 | €630 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ISM'EAU
The operating result for 2025 is 60% higher than in 2024 and the highest since 2020. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 72.9% to 76.6%. Equity and debt are higher.