JIVE
InactiveFinancials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 02-04-2026 PDF all 6 filings
Equity
-€424,244=
2025 · -€424,193
Total assets
€10,538▼ 31.2%
2025 · €15,319
Net result
-€51▲ 100.0%
2025 · -€461,940
Working capital
-€39,284▼ 0.1%
2025 · -€39,233
Multi-year overview
2021 to 2026, 6 financial yearsOperating result
no figure
2026
20212026
Net result
-€51
▲ 100.0%
2026
20212026
Equity
-€424,244
=
2026
20212026
Total assets
€10,538
▼ 31.2%
2026
20212026
Debt
€434,782
▼ 1.1%
2026
20212026
Working capital
-€39,284
▼ 0.1%
2026
20212026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023202420252026
Operating result€8,718-€22,227▲ 155%-€2,698-€3,406▼ 26.2%-€444,478▼ 12,950%
Net result€8,485-€6,177▼ 27.2%-€18,753-€19,662▼ 4.8%-€461,940▼ 2,249%-€51▲ 100.0%
Equity€69,985-€76,162▲ 8.8%€57,409▼ 24.6%€37,747▼ 34.2%-€424,193-€424,244=
Total assets€469,944-€475,010▲ 1.1%€458,293▼ 3.5%€455,258▼ 0.7%€15,319▼ 96.6%€10,538▼ 31.2%
Debt€399,959-€398,848▼ 0.3%€400,884▲ 0.5%€417,511▲ 4.1%€439,512▲ 5.3%€434,782▼ 1.1%
Working capital€46,424-€42,788▼ 7.8%€24,261▼ 43.3%-€14,727-€39,233▼ 166%-€39,284▼ 0.1%
The operating result for 2025 is a loss of €444,478, larger than the loss of €3,406 in 2024. It is the lowest result since 2022.
Large changes and their cause
- 2026 Net result +100% on 2025. This financial year ran 3 months, the previous one 12.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Key figures and ratios
Current ratio
0.21▼
2025 · 0.28
ROA
-0.5%
Debt ≤ 1 year
€49,822▼
2025 · €54,552
Debt > 1 year
€384,960=
2025 · €384,960
A ratio outside any meaningful range has been withheld (balance sheet total €10,538, equity -€424,244).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2022 | 2023 | 2024 | 2025 | 23-03-2026 |
|---|---|---|---|---|---|
| Intangible fixed assets | - | - | €19,780 | - | - |
| Depreciation and write-downs of the year | €227 | €227 | €227 | €182 | - |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €271 | €227 | €227 | €227 | €182 | - | - |
| Other operating charges640/8 | €796 | €450 | €494 | €505 | €520 | - | - |
| Non-recurring operating charges66A | - | - | - | - | €437,252 | - | - |
| Gross operating margin9900 | €9,785 | €22,904 | -€1,977 | -€2,674 | -€6,524 | - | - |
| Operating profit (loss)9901 | €8,718 | €22,227 | -€2,698 | -€3,406 | -€444,478 | - | - |
| Financial income75/76B | - | - | €69 | €573 | €25 | - | - |
| Recurring financial income75 | - | - | €69 | €573 | €25 | - | - |
| Financial charges65/66B | €233 | €16,050 | €16,124 | €16,829 | €17,487 | €51 | ▼ 99.7% |
| Recurring financial charges65 | €233 | €16,050 | €16,124 | €16,829 | €17,487 | €51 | ▼ 99.7% |
| Profit (loss) for the period before taxes9903 | €8,485 | €6,177 | -€18,753 | -€19,662 | -€461,940 | -€51 | ▲ 100.0% |
| Profit (loss) for the period9904 | €8,485 | €6,177 | -€18,753 | -€19,662 | -€461,940 | -€51 | ▲ 100.0% |
| Profit (loss) for the period to be appropriated9905 | €8,485 | €6,177 | -€18,753 | -€19,662 | -€461,940 | -€51 | ▲ 100.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €469,944 | €475,010 | €458,293 | €455,258 | €15,319 | €10,538 | ▼ 31.2% |
| Formation expenses20 | €862 | €635 | €409 | €182 | - | - | - |
| Fixed assets21/28 | €417,699 | €417,699 | €417,699 | €437,252 | - | - | - |
| Intangible fixed assets21 | €417,699 | €417,699 | €417,699 | €437,252 | - | - | - |
| Current assets29/58 | €51,383 | €56,676 | €40,185 | €17,824 | €15,319 | €10,538 | ▼ 31.2% |
| Amounts receivable within one year40/41 | €4,768 | €258 | €285 | €1,427 | €25 | €944 | ▲ 38× |
| Other amounts receivable41 | €4,768 | €258 | €285 | €1,427 | €25 | €944 | ▲ 38× |
| Current investments50/53 | - | - | €37,000 | €15,000 | - | - | - |
| Cash at bank and in hand54/58 | €46,615 | €56,418 | €2,900 | €1,397 | €15,294 | €9,594 | ▼ 37.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €469,944 | €475,010 | €458,293 | €455,258 | €15,319 | €10,538 | ▼ 31.2% |
| Equity10/15 | €69,985 | €76,162 | €57,409 | €37,747 | -€424,193 | -€424,244 | = |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €8,485 | €14,662 | €733 | €733 | €733 | €733 | = |
| Non-distributable reserves130/1 | €424 | €733 | €733 | €733 | €733 | €733 | = |
| Legal reserve130 | €424 | €733 | €733 | €733 | €733 | €733 | = |
| Distributable reserves133 | €8,061 | €13,929 | - | - | - | - | - |
| Profit (loss) carried forward14 | - | - | -€4,824 | -€24,486 | -€486,426 | -€486,477 | = |
| Amounts payable17/49 | €399,959 | €398,848 | €400,884 | €417,511 | €439,512 | €434,782 | ▼ 1.1% |
| Amounts payable after more than one year17 | €395,000 | €384,960 | €384,960 | €384,960 | €384,960 | €384,960 | = |
| Financial debts170/4 | €395,000 | €384,960 | €384,960 | €384,960 | €384,960 | €384,960 | = |
| Amounts payable within one year42/48 | €4,959 | €13,888 | €15,924 | €32,551 | €54,552 | €49,822 | ▼ 8.7% |
| Trade debts44 | €4,959 | - | - | - | €4,730 | - | - |
| Suppliers440/4 | €4,959 | - | - | - | €4,730 | - | - |
| Other amounts payable47/48 | - | €13,888 | €15,924 | €32,551 | €49,822 | €49,822 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,485 | €6,177 | -€18,753 | -€19,662 | -€461,940 | -€51 | ▲ 100.0% |
| + Depreciation and write-downs630 | €271 | €227 | €227 | €227 | €182 | - | - |
| Operating cash flow (approximation) | €8,756 | €6,404 | -€18,526 | -€19,435 | -€461,758 | -€51 | ▲ 100.0% |
| Investment in fixed assets (approximation) | - | -€227 | -€227 | -€19,780 | - | - | - |
| Change in cash | - | €9,803 | -€53,518 | -€1,503 | €13,897 | -€5,700 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 23-03-2026 | abbreviated format | 02-04-2026 | 2026-00070945 | |
| 31-12-2025 | abbreviated format | 26-03-2026 | 2026-00062486 | |
| 31-12-2024 | abbreviated format | 10-06-2025 | 2025-00127689 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00132946 | |
| 31-12-2022 | abbreviated format | 20-06-2023 | 2023-00139161 | |
| 31-12-2021 | abbreviated format | 20-06-2022 | 2022-20082722 |