Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 2 filings
Equity
€63,620▲ 136%
2024 · €26,912
Net result
€36,708▲ 67.5%
2024 · €21,912
Total assets
€75,693▲ 122%
2024 · €34,025
Solvency
84.1%▲ 5.0pp
2024 · 79.1%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€47,089
▲ 66.4%
2025
20242025
Net result
€36,708
▲ 67.5%
2025
middle half of the sector
20242025
Equity
€63,620
▲ 136%
2025
middle half of the sector
20242025
Total assets
€75,693
▲ 122%
2025
lowest quarter of the sector
20242025
Debt
€12,073
▲ 69.7%
2025
20242025
Working capital
€46,809
▲ 421%
2025
middle half of the sector
20242025
Solvency
84.1%
▲ 5.0pp
2025
highest quarter of the sector
20242025
Current ratio
4.88
▲ 2.54
2025
highest quarter of the sector
20242025
Return on assets (ROA)
48.5%
▼ 15.9pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€28,293-€47,089▲ 66.4%
Net result€21,912within the sector's middle half-€36,708within the sector's middle half▲ 67.5%
Equity€26,912below the sector's middle half-€63,620within the sector's middle half▲ 136%
Total assets€34,025below the sector's middle half-€75,693below the sector's middle half▲ 122%
Debt€7,113-€12,073▲ 69.7%
Working capital€8,979within the sector's middle half-€46,809within the sector's middle half▲ 421%
Solvency79.1%above the sector's middle half-84.1%above the sector's middle half▲ 5.0pp
Current ratio2.34within the sector's middle half-4.88above the sector's middle half▲ 2.54
Return on assets (ROA)64.4%above the sector's middle half-48.5%above the sector's middle half▼ 15.9pp
above
within
below
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). 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 operating result for 2025 is 66% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75,693
Fixed assets
€16,811 ▼ 8.3%
Current assets
€58,882 ▲ 275%
Equity and liabilities €75,693
Equity
€63,620 ▲ 136%
Debt
€12,073 ▲ 69.7%
Debt's share of the balance-sheet total falls from 20.9% to 15.9%. Equity and debt are higher.
Key figures and ratios
ROE
57.7%▼
2024 · 81.4%
Debt ≤ 1 year
€12,073▲
2024 · €6,713
Income taxes
€10,000▲
2024 · €6,250
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €18,850 | €4,417 |
| Depreciation and write-downs of the year | €517 | €5,940 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €517 | €5,940 | ▲ 11× |
| Other operating charges640/8 | €765 | €120 | ▼ 84.3% |
| Gross operating margin9900 | €29,574 | €53,148 | ▲ 79.7% |
| Operating profit (loss)9901 | €28,293 | €47,089 | ▲ 66.4% |
| Financial income75/76B | €0 | €0 | ▲ 900% |
| Recurring financial income75 | €0 | €0 | ▲ 900% |
| Financial charges65/66B | €130 | €381 | ▲ 192% |
| Recurring financial charges65 | €130 | €381 | ▲ 192% |
| Profit (loss) for the period before taxes9903 | €28,162 | €46,708 | ▲ 65.9% |
| Income taxes67/77 | €6,250 | €10,000 | ▲ 60.0% |
| Profit (loss) for the period9904 | €21,912 | €36,708 | ▲ 67.5% |
| Profit (loss) for the period to be appropriated9905 | €21,912 | €36,708 | ▲ 67.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €34,025 | €75,693 | ▲ 122% |
| Fixed assets21/28 | €18,334 | €16,811 | ▼ 8.3% |
| Tangible fixed assets22/27 | €18,334 | €16,811 | ▼ 8.3% |
| Plant, machinery and equipment23 | €4,152 | €7,418 | ▲ 78.7% |
| Furniture and vehicles24 | €14,182 | €9,394 | ▼ 33.8% |
| Current assets29/58 | €15,691 | €58,882 | ▲ 275% |
| Amounts receivable within one year40/41 | €9,874 | €12,645 | ▲ 28.1% |
| Trade receivables40 | €9,874 | €12,645 | ▲ 28.1% |
| Cash at bank and in hand54/58 | €3,422 | €43,011 | ▲ 13× |
| Deferred charges and accrued income490/1 | €2,396 | €3,226 | ▲ 34.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €34,025 | €75,693 | ▲ 122% |
| Equity10/15 | €26,912 | €63,620 | ▲ 136% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €21,912 | €58,620 | ▲ 168% |
| Distributable reserves133 | €21,912 | €58,620 | ▲ 168% |
| Amounts payable17/49 | €7,113 | €12,073 | ▲ 69.7% |
| Amounts payable within one year42/48 | €6,713 | €12,073 | ▲ 79.8% |
| Trade debts44 | €2,683 | €2,051 | ▼ 23.6% |
| Suppliers440/4 | €2,683 | €2,051 | ▼ 23.6% |
| Taxes, remuneration and social security45 | €4,029 | €8,057 | ▲ 100.0% |
| Taxes450/3 | €4,029 | €8,057 | ▲ 100.0% |
| Other amounts payable47/48 | - | €1,965 | - |
| Accrued charges and deferred income492/3 | €400 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €21,912 | €36,708 | ▲ 67.5% |
| + Depreciation and write-downs630 | €517 | €5,940 | ▲ 11× |
| Operating cash flow (approximation) | €22,429 | €42,648 | ▲ 90.1% |
| Investment in fixed assets (approximation) | - | -€4,417 | - |
| Change in cash | - | €39,589 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.