Jac
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 06-07-2026 at the NBB all 49 filings
Turnover
€28.8m▲ 17.7%
2024 · €24.5m
EBIT margin
4.1%▲ 3.0pp
2024 · 1.1%
Net result
€966,454▲ 566%
2024 · €145,017
Working capital
€5.0m▲ 7.8%
2024 · €4.7m
In the rankings
#4 employer in the province of Liège, Machinery and equipment sector#5 oldest company in the province of Liège, Machinery and equipment sector#10 company by total assets in the province of Liège, Machinery and equipment sector
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is nearly 4.5 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover€28.8m
2025
Operating result€1.2m
2025
Net result€1.0m
2025
Total assets€17.3m
2025
Equity€1.8m
2025
Debt€14.0m
2025
Working capital€5.0m
2025
EBIT margin4.1%
2025
Return on assets (ROA)5.6%
2025
Solvency10.3%
2025
Current ratio1.74
2025
Staff (FTE)114
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of machinery and equipment not elsewhere classified (NACE 28). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€22.6m-€22.1m▼ 2.2%€17.7m▼ 19.6%€21.7m▲ 22.2%€22.3m▲ 2.9%€23.4m▲ 4.8%€24.5m▲ 4.8%€28.8m▲ 17.7%
Operating result€0.1m-€1.5m▲ 12×€0.4m▼ 71.3%€0.9m▲ 104%€0.3m▼ 71.0%€0.9m▲ 254%€0.3m▼ 71.3%€1.2m▲ 346%
Net result€0.004m-€1.1m▲ 249×€0.3mwithin the sector's middle half▼ 75.1%€0.8mwithin the sector's middle half▲ 202%€0.3mwithin the sector's middle half▼ 69.5%€0.8mwithin the sector's middle half▲ 214%€0.1mwithin the sector's middle half▼ 81.5%€1.0mabove the sector's middle half▲ 566%
EBIT margin0.6%-6.9%▲ 6.3pp2.5%▼ 4.5pp4.1%▲ 1.7pp1.2%▼ 3.0pp3.9%▲ 2.8pp1.1%▼ 2.9pp4.1%▲ 3.0pp
Equity€4.2m-€5.2m▲ 26.3%€4.5mwithin the sector's middle half▼ 14.8%€4.4mwithin the sector's middle half▼ 0.8%€4.7mwithin the sector's middle half▲ 5.6%€5.1mwithin the sector's middle half▲ 9.3%€5.3mwithin the sector's middle half▲ 2.8%€1.8mwithin the sector's middle half▼ 66.2%
Total assets€19.4m-€19.8m▲ 2.0%€19.1mabove the sector's middle half▼ 3.3%€19.8mabove the sector's middle half▲ 3.4%€17.5mwithin the sector's middle half▼ 11.6%€17.8mwithin the sector's middle half▲ 1.8%€17.7mwithin the sector's middle half▼ 0.2%€17.3mabove the sector's middle half▼ 2.5%
Debt€14.5m-€13.7m▼ 5.5%€13.9m▲ 1.3%€14.2m▲ 2.4%€11.6m▼ 18.2%€11.8m▲ 1.8%€11.1m▼ 5.9%€14.0m▲ 25.6%
Working capital€2.8m-€4.7m▲ 65.4%€4.4mabove the sector's middle half▼ 6.5%€4.6mabove the sector's middle half▲ 5.6%€4.5mabove the sector's middle half▼ 3.0%€4.3mwithin the sector's middle half▼ 4.6%€4.7mabove the sector's middle half▲ 9.1%€5.0mabove the sector's middle half▲ 7.8%
Solvency21.4%-26.5%▲ 5.1pp23.4%within the sector's middle half▼ 3.2pp22.4%below the sector's middle half▼ 0.9pp26.8%within the sector's middle half▲ 4.4pp28.8%within the sector's middle half▲ 2.0pp29.6%within the sector's middle half▲ 0.9pp10.3%below the sector's middle half▼ 19.4pp
Current ratio1.36-1.66▲ 0.301.60within the sector's middle half▼ 0.061.53within the sector's middle half▼ 0.071.65within the sector's middle half▲ 0.121.56within the sector's middle half▼ 0.091.63within the sector's middle half▲ 0.071.74within the sector's middle half▲ 0.11
Return on assets (ROA)0.0%-5.5%▲ 5.5pp1.4%within the sector's middle half▼ 4.1pp4.2%within the sector's middle half▲ 2.7pp1.4%within the sector's middle half▼ 2.7pp4.4%within the sector's middle half▲ 3.0pp0.8%within the sector's middle half▼ 3.6pp5.6%within the sector's middle half▲ 4.8pp
Staff (FTE)98.7-103▲ 4.4%101.3above the sector's middle half▼ 1.7%99.7above the sector's middle half▼ 1.6%110.4above the sector's middle half▲ 10.7%110.9above the sector's middle half▲ 0.5%112above the sector's middle half▲ 1.0%114above the sector's middle half▲ 1.8%
above
within
below
The sector band is the middle half of the companies in Manufacture of machinery and equipment not elsewhere classified (NACE 28). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.3m
Fixed assets
€5.5m ▼ 2.8%
Current assets
€11.8m ▼ 2.4%
Equity and liabilities €17.3m
Equity
€1.8m ▼ 66.2%
Provisions
€1.5m ▲ 13.8%
Debt
€14.0m ▲ 25.6%
Debt's share of the balance-sheet total rises from 62.8% to 80.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.9m▲
2024 · €947,442
Cash flow
€1.7m▲
2024 · €829,190
Quick ratio
1.11▲
2024 · 1.00
Debt to equity
7.87▲
2024 · 2.12
ROE
54.4%▲
2024 · 2.8%
Interest coverage
12.19▲
2024 · 10.01
Debt ≤ 1 year
€6.8m▼
2024 · €7.5m
Debt > 1 year
€7.2m▲
2024 · €3.7m
Income taxes
€4,215▲
2024 · €3,599
Customer credit
74 days▼
2024 · 81 days
Supplier credit
92 days▼
2024 · 139 days
Staff costs
€8.0m▲
2024 · €7.3m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 103 | 115 | 113 | 120 | 115 |
| full-time | 92 | 102 | 102 | 108 | 105 |
| part-time | 11 | 13 | 11 | 12 | 10 |
| in full-time equivalents | 99.4 | 110.6 | 109.2 | 116.5 | 111.4 |
| Average over the year, in full-time equivalents | 99.7 | 110.4 | 110.9 | 112 | 114 |
| On a permanent contract | 103 | 100 | 101 | 105 | 109 |
| Joined | 31 | 42 | 22 | 18 | 11 |
| Left | 32 | 30 | 24 | 11 | 16 |
| Agency workers, average number | 14.4 | 13.1 | 10.9 | 21 | 32 |
| Training hours | 70 | 3,211 | 3,567 | 3,965 | 1,723 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €5.5m | €4.4m | - |
| Mortgage mandates | - | - | €6.7m | €6.7m | €6.7m |
| Carrying value of the mortgaged assets | - | - | €4.9m | €4.9m | €4.5m |
| Pledge on the business | - | - | - | - | €3.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €161,600 | €319,281 | €407,833 | €670,414 | €443,352 |
| Intangible fixed assets | €87,745 | €152,987 | €32,891 | €101,518 | €155,748 |
| Depreciation and write-downs of the year | €1.2m | €821,194 | €627,607 | €684,173 | €744,904 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €11,600 | €12,185 | €15,610 | €16,155 | €16,505 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Comparable companies
These companies have the same main activity as Jac: manufacture of machinery and equipment not elsewhere classified (NACE 28930). They are comparable in size and age: total assets between €10m and €78m, founded between 1946 and 1998.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Jac Liège | 1964 | €17.3m | €1.8m | €28.8m | €1.0m | 114 | 2025 |
| JOHN BEAN TECHNOLOGIES Sint-Niklaas | 1946 | €35.2m | €15.0m | €64.7m | €0.5m | 147.5 | 2025 |
| ETS ANTOINE Anderlecht | 1990 | €16.2m | €7.3m | €17.3m | €0.3m | 83.4 | 2025 |
| MEURA Péruwelz | 1992 | €77.9m | €31.8m | €53.9m | €8.6m | 126 | 2025 |
| HACOS Malle | 1998 | €13.0m | €0.2m | €12.0m | €0.4m | 57.5 | 2025 |
| FAM Kontich | 1997 | €32.3m | €19.0m | €37.2m | €1.5m | 42.9 | 2025 |
| LAMBRECHTS KONSTRUKTIE Puurs-Sint-Amands | 1986 | €10.3m | €3.7m | €7.9m | -€0.6m | 36.2 | 2025 |
They were chosen from the 98 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 378 companies had the same profile as Jac has now. Two years later, 0.3% had gone bankrupt and 97.4% were still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
2.4%
stopped otherwise
97.4%
was still going
That fits the bankruptcy probability of Jac itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 378 companies, not a prediction for Jac. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €22.8m | €24.1m | €24.1m | €26.0m | €30.2m | ▲ 16.3% |
| Turnover70 | €22.6m | €22.1m | €17.7m | €21.7m | €22.3m | €23.4m | €24.5m | €28.8m | ▲ 17.7% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €0.2m | €0.5m | -€0.4m | €0.2m | €0.07m | ▼ 71.4% |
| Other operating income74 | - | - | - | €1.0m | €1.3m | €1.0m | €1.2m | €1.2m | ▲ 1.3% |
| Non-recurring operating income76A | - | - | - | €0.008m | €0.02m | €0.009m | €0.01m | €0.06m | ▲ 298% |
| Operating charges60/66A | - | - | - | €21.9m | €23.9m | €23.1m | €25.7m | €29.0m | ▲ 12.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €10.7m | €12.4m | €11.5m | €11.6m | €13.6m | ▲ 17.5% |
| Purchases600/8 | - | - | - | €11.1m | €12.5m | €11.9m | €11.9m | €13.5m | ▲ 13.5% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.5m | -€0.2m | -€0.4m | -€0.3m | €0.1m | - |
| Services and other goods61 | - | - | - | €3.7m | €4.2m | €4.5m | €5.6m | €6.1m | ▲ 9.2% |
| Remuneration, social security and pensions62 | - | - | - | €5.8m | €6.5m | €6.7m | €7.3m | €8.0m | ▲ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.1m | €1.4m | €1.3m | €1.2m | €0.8m | €0.6m | €0.7m | €0.7m | ▲ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.1m | -€0.04m | €0.04m | -€0.05m | €0.3m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.4m | €0.05m | -€0.3m | €0.5m | €0.2m | ▼ 62.5% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €0.04m | €0.09m | €0.07m | ▼ 29.0% |
| Non-recurring operating charges66A | - | - | - | €0.08m | - | - | €0.007m | €0.01m | ▲ 48.3% |
| Operating profit (loss)9901 | €0.1m | €1.5m | €0.4m | €0.9m | €0.3m | €0.9m | €0.3m | €1.2m | ▲ 346% |
| Financial income75/76B | - | - | - | €0.05m | €0.1m | €0.03m | €0.06m | €0.04m | ▼ 28.0% |
| Recurring financial income75 | €0.04m | €0.04m | €0.04m | €0.05m | €0.1m | €0.03m | €0.04m | €0.04m | ▲ 6.1% |
| Other financial income752/9 | - | - | - | €0.05m | €0.1m | €0.03m | €0.04m | €0.04m | ▲ 6.1% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 37.1% |
| Recurring financial charges65 | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 37.1% |
| Debt charges650 | €0.09m | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | €0.09m | €0.2m | ▲ 66.4% |
| Other financial charges652/9 | - | - | - | €0.05m | €0.03m | €0.09m | €0.1m | €0.1m | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | €0.008m | €1.4m | €0.3m | €0.8m | €0.2m | €0.8m | €0.1m | €1.0m | ▲ 625% |
| Transfer from deferred taxes780 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Income taxes67/77 | €0.003m | €0.05m | €0.02m | -€0.01m | €0.003m | €0.004m | €0.004m | €0.004m | ▲ 17.1% |
| Taxes670/3 | - | - | - | €0.003m | €0.003m | €0.004m | €0.004m | €0.004m | ▲ 17.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.01m | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.004m | €1.1m | €0.3m | €0.8m | €0.3m | €0.8m | €0.1m | €1.0m | ▲ 566% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) for the period to be appropriated9905 | €0.004m | €0.2m | €0.3m | €0.9m | €0.3m | €0.8m | €0.2m | €1.0m | ▲ 418% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €19.4m | €19.8m | €19.1m | €19.8m | €17.5m | €17.8m | €17.7m | €17.3m | ▼ 2.5% |
| Fixed assets21/28 | €8.7m | €8.0m | €7.4m | €6.4m | €6.0m | €5.8m | €5.6m | €5.5m | ▼ 2.8% |
| Intangible fixed assets21 | €0.7m | €0.5m | €0.4m | €0.2m | €0.1m | €0.03m | €0.02m | €0.02m | ▲ 19.2% |
| Tangible fixed assets22/27 | €8.0m | €7.4m | €7.0m | €6.2m | €5.9m | €5.8m | €5.6m | €5.4m | ▼ 2.8% |
| Land and buildings22 | - | - | - | €5.8m | €5.6m | €5.2m | €4.9m | €4.5m | ▼ 7.0% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.2m | €0.5m | €0.5m | ▼ 6.6% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 106% |
| Assets under construction and advance payments27 | - | - | - | - | - | €0.2m | €0.01m | €0.01m | = |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Other financial fixed assets284/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €10.7m | €11.8m | €11.8m | €13.4m | €11.4m | €11.9m | €12.1m | €11.8m | ▼ 2.4% |
| Stocks and contracts in progress3 | €2.9m | €2.9m | €2.8m | €3.4m | €4.2m | €4.1m | €4.7m | €4.3m | ▼ 8.9% |
| Stocks30/36 | - | - | - | €3.4m | €4.2m | €4.1m | €4.7m | €4.3m | ▼ 8.9% |
| Raw materials and consumables30/31 | - | - | - | €2.3m | €2.4m | €2.8m | €3.1m | €2.8m | ▼ 11.3% |
| Work in progress32 | - | - | - | €0.5m | €0.3m | €0.4m | €0.6m | €0.2m | ▼ 58.7% |
| Finished goods33 | - | - | - | €0.6m | €1.3m | €0.8m | €0.9m | €1.2m | ▲ 28.5% |
| Goods purchased for resale34 | - | - | - | €0.008m | €0.001m | €0.001m | €0.001m | €0.005m | ▲ 608% |
| Advance payments36 | - | - | - | €0.01m | €0.07m | €0.04m | €0.06m | €0.07m | ▲ 6.4% |
| Amounts receivable within one year40/41 | €5.4m | €7.2m | €3.8m | €5.2m | €5.4m | €6.0m | €5.9m | €6.2m | ▲ 6.2% |
| Trade receivables40 | - | - | - | €4.5m | €4.8m | €5.5m | €5.4m | €5.8m | ▲ 7.3% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.6m | €0.4m | €0.4m | €0.4m | ▼ 7.2% |
| Cash at bank and in hand54/58 | €2.2m | €1.5m | €5.1m | €4.6m | €1.7m | €1.7m | €1.4m | €1.2m | ▼ 17.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 6.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €19.4m | €19.8m | €19.1m | €19.8m | €17.5m | €17.8m | €17.7m | €17.3m | ▼ 2.5% |
| Equity10/15 | €4.2m | €5.2m | €4.5m | €4.4m | €4.7m | €5.1m | €5.3m | €1.8m | ▼ 66.2% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.6m | €1.6m | €1.5m | €1.5m | €1.4m | €1.4m | €1.3m | €0.7m | ▼ 50.0% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Tax-exempt reserves132 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.6m | ▼ 7.7% |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €3.4m | €3.6m | €2.9m | €2.9m | €3.2m | €3.7m | €3.9m | €1.0m | ▼ 73.5% |
| Provisions and deferred taxes16 | €0.7m | €0.8m | €0.8m | €1.1m | €1.1m | €0.8m | €1.3m | €1.5m | ▲ 13.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.8m | €0.9m | €0.6m | €1.1m | €1.3m | ▲ 18.0% |
| Pensions and similar obligations160 | - | - | - | €0.05m | €0.03m | €0 | - | - | - |
| Environmental obligations163 | - | - | - | - | - | €0.6m | €1.1m | €1.3m | ▲ 18.0% |
| Other liabilities and charges164/5 | - | - | - | €0.8m | €0.9m | - | - | - | - |
| Deferred taxes168 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 7.8% |
| Amounts payable17/49 | €14.5m | €13.7m | €13.9m | €14.2m | €11.6m | €11.8m | €11.1m | €14.0m | ▲ 25.6% |
| Amounts payable after more than one year17 | €6.7m | €6.5m | €6.4m | €5.5m | €4.7m | €4.2m | €3.7m | €7.2m | ▲ 94.7% |
| Financial debts170/4 | - | - | - | €5.5m | €4.7m | €4.2m | €3.7m | €7.2m | ▲ 94.7% |
| Credit institutions173 | - | - | - | €5.5m | €4.7m | €4.2m | €3.7m | €7.2m | ▲ 94.7% |
| Amounts payable within one year42/48 | €7.8m | €7.1m | €7.4m | €8.7m | €6.9m | €7.7m | €7.5m | €6.8m | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1.0m | €0.9m | €0.7m | €0.7m | €1.3m | ▲ 76.7% |
| Financial debts43 | - | - | - | €0.7m | €0.4m | €0.6m | €0.5m | €0.6m | ▲ 9.3% |
| Credit institutions430/8 | - | - | - | €0.7m | €0.4m | €0.6m | €0.5m | €0.6m | ▲ 9.3% |
| Trade debts44 | €4.5m | €3.9m | €3.3m | €4.3m | €3.6m | €4.8m | €4.4m | €3.4m | ▼ 22.2% |
| Suppliers440/4 | - | - | - | €4.3m | €3.6m | €4.8m | €4.4m | €3.4m | ▼ 22.2% |
| Advances received on contracts in progress46 | - | - | - | €0.09m | €0.1m | €0.07m | €0.2m | €0.1m | ▼ 36.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.9m | €1.0m | €1.1m | €1.3m | €1.4m | ▲ 11.1% |
| Taxes450/3 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 5.0% |
| Remuneration and social security454/9 | - | - | - | €0.8m | €0.9m | €1.0m | €1.0m | €1.2m | ▲ 14.4% |
| Other amounts payable47/48 | - | - | - | €1.9m | €0.9m | €0.4m | €0.4m | €0.01m | ▼ 96.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.05m | €0.03m | €0.01m | €0.04m | ▲ 195% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.004m | €1.1m | €0.3m | €0.8m | €0.3m | €0.8m | €0.1m | €1.0m | ▲ 566% |
| + Depreciation and write-downs630 | €1.1m | €1.4m | €1.3m | €1.2m | €0.8m | €0.6m | €0.7m | €0.7m | ▲ 8.9% |
| Operating cash flow (approximation) | €1.1m | €2.4m | €1.6m | €2.0m | €1.1m | €1.4m | €0.8m | €1.7m | ▲ 106% |
| Investment in fixed assets (approximation) | - | -€0.6m | -€0.7m | -€0.2m | -€0.5m | -€0.4m | -€0.5m | -€0.6m | ▼ 25.1% |
| Change in cash | - | -€0.7m | €3.6m | -€0.5m | -€2.9m | -€0.03m | -€0.3m | -€0.2m | ▲ 8.4% |
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 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 06-07-2026 | 2026-00256448 | NBB |
| 31-12-2024 | full format | 10-06-2025 | 2025-00130983 | |
| 31-12-2023 | full format | 08-07-2024 | 2024-00218984 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00429906 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20346617 | |
| 31-12-2020 | full format | 12-08-2021 | 2021-47800029 | |
| 31-12-2019 | full format | 27-08-2020 | 2020-45000115 | |
| 31-12-2018 | full format | 04-07-2019 | 2019-31600044 | |
| 31-12-2017 | full format | 30-08-2018 | 2018-54900414 | |
| 31-12-2016 | full format | 07-07-2017 | 2017-28600334 |