IT Project Forward
Annual accounts 2025
micro format, filed on 08-07-2026, 23 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 ≈ €180,000. Estimated: probably between €160,000 and €240,000.
Balance sheet
balance sheet total €194,664 on 31-12-2025in euro
in euro
Position in the sector
18.0%
Higher than 19% of 21,193 companies in 2025.
1.14
Higher than 23% of 20,556 companies in 2025.
18.5%
Higher than 50% of 20,731 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 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
194,664 | 186,343 | 149,898 | 103,373 | 71,696 | |
21/28 |
11,911 | 8,797 | 9,327 | 12,005 | 14,682 | |
22/27 |
11,911 | 8,797 | 9,327 | 12,005 | 14,682 | |
24 |
3,836 | 1,953 | 1,488 | 3,171 | 4,853 | |
26 |
8,075 | 6,844 | 7,839 | 8,834 | 9,829 | |
29/58 |
182,753 | 177,546 | 140,570 | 91,368 | 57,014 | |
40/41 |
59,523 | 53,511 | 49,420 | 28,689 | 25,923 | |
40 |
54,067 | 39,887 | 49,420 | 23,748 | 25,918 | |
41 |
5,456 | 13,624 | - | 4,941 | 4 | |
50/53 |
21,454 | 15,244 | 15,244 | - | - | |
54/58 |
101,251 | 107,931 | 75,861 | 57,995 | 30,241 | |
490/1 |
526 | 860 | 44 | 4,684 | 850 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
194,664 | 186,343 | 149,898 | 103,373 | 71,696 | |
10/15 |
34,966 | 113,923 | 65,767 | 66,049 | 38,522 | |
10/11 |
500 | 500 | 500 | 500 | 500 | |
13 |
38,022 | 38,022 | 38,022 | 38,022 | 38,022 | |
133 |
38,022 | 38,022 | 38,022 | 38,022 | 38,022 | |
14 |
-3,556 | 75,401 | 27,245 | 27,527 | - | |
17/49 |
159,699 | 72,420 | 84,131 | 37,323 | 33,174 | |
42/48 |
159,699 | 72,120 | 83,543 | 37,323 | 33,174 | |
43 |
200 | 2,733 | 220 | 797 | 4,149 | |
430/8 |
200 | 2,733 | 220 | 797 | 4,149 | |
44 |
13,965 | 6,459 | 22,412 | 7,426 | 1,201 | |
440/4 |
13,965 | 6,459 | 22,412 | 7,426 | 1,201 | |
45 |
33,371 | 22,896 | 19,359 | 29,100 | 21,747 | |
450/3 |
33,371 | 22,896 | 19,359 | 29,100 | 21,747 | |
47/48 |
112,162 | 40,031 | 41,552 | - | 6,077 | |
492/3 |
- | 301 | 588 | - | - | |
| Income statement | ||||||
9900 |
95,426 | 100,138 | 48,458 | 40,228 | 55,319 | |
630 |
2,268 | 3,464 | 2,678 | 2,678 | 316 | |
640/8 |
793 | 744 | 567 | 462 | 933 | |
9901 |
92,365 | 95,930 | 45,213 | 37,089 | 54,070 | |
75/76B |
7,015 | 484 | 391 | 2 | - | |
75 |
7,015 | 484 | 391 | 2 | - | |
65/66B |
53,591 | 33,406 | 44,061 | 971 | 805 | |
65 |
53,591 | 33,406 | 44,061 | 971 | 805 | |
9903 |
45,789 | 63,008 | 1,543 | 36,120 | 53,266 | |
67/77 |
9,746 | 14,852 | 1,826 | 8,593 | 15,244 | |
9904 |
36,043 | 48,156 | -283 | 27,527 | 38,022 | |
9905 |
36,043 | 48,156 | -283 | 27,527 | 38,022 | |
| Appropriation of the result | ||||||
9906 |
111,444 | 75,401 | 27,245 | 27,527 | 38,022 | |
14P |
75,401 | 27,245 | 27,527 | - | - | |
691/2 |
- | - | - | - | 38,022 | |
6921 |
- | - | - | - | 38,022 | |
694/7 |
115,000 | - | - | - | - | |
694 |
115,000 | - | - | - | - | |
| 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 08-07-2026.
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 | 08-07-2026 | 2026-00267735 | |
| 31-12-2024 | micro format | 30-10-2025 | 2025-00553980 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00376457 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00500271 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20372927 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 94,633 | 99,394 | 47,891 | 39,767 | 54,386 | ||
| 38,311 | 51,619 | 2,395 | 30,205 | 38,338 | ||
| 5,382 | 2,933 | 0 | 0 | 14,998 | ||
| -6,680 | 32,069 | 17,866 | 27,755 | - | ||
| 23,054 | 105,426 | 57,027 | 54,045 | 23,840 | ||
| 18.0% | 61.1% | 43.9% | 63.9% | 53.7% | ||
| 1.14 | 2.46 | 1.68 | 2.45 | 1.72 | ||
| 4.57 | 0.64 | 1.28 | 0.57 | 0.86 | ||
| 103.1% | 42.3% | -0.4% | 41.7% | 98.7% | ||
| 18.5% | 25.8% | -0.2% | 26.6% | 53.0% | ||
| 1.77 | 2.98 | 1.09 | 40.95 | 67.60 |
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 | €5,382 | €2,933 | - | - | €14,998 |
| €2,268 | €3,464 | €2,678 | €2,678 | €316 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on IT Project Forward
The operating result for 2025 is 4% lower than in 2024.
Debt's share of the balance-sheet total rises from 38.9% to 82.0%. Equity is lower and debt is higher.