JO DO SO
Dissolved and wound up on 21-01-2026Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-12-2025 at the NBB all 3 filings
Turnover
≈ €33,000
Estimated: probably between €14,000 and €84,000
Total assets
€245,791▲ 1.4%
2024 · €242,318
Net result
€6,955▼ 38.5%
2024 · €11,313
Working capital
€244,001▲ 3.4%
2024 · €236,046
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€4,818
▼ 61.5%
2025
20232025
Net result
€6,955
▼ 38.5%
2025
20232025
Equity
€243,001
▲ 2.9%
2025
20232025
Total assets
€245,791
▲ 1.4%
2025
20232025
Debt
€1,791
▼ 71.5%
2025
20232025
Working capital
€244,001
▲ 3.4%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€14,112-€12,501▼ 11.4%€4,818▼ 61.5%
Net result€9,992-€11,313▲ 13.2%€6,955▼ 38.5%
Equity€224,733-€236,046▲ 5.0%€243,001▲ 2.9%
Total assets€230,845-€242,318▲ 5.0%€245,791▲ 1.4%
Debt€6,112-€6,272▲ 2.6%€1,791▼ 71.5%
Working capital€224,544-€236,046▲ 5.1%€244,001▲ 3.4%
The operating result for 2025 is 61% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated 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
Equity and liabilities €245,791
Equity
€243,001 ▲ 2.9%
Provisions
€1,000
Debt
€1,791 ▼ 71.5%
Debt's share of the balance-sheet total falls from 2.6% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.01▼
2024 · 0.03
ROE
2.9%▼
2024 · 4.8%
ROA
2.8%▼
2024 · 4.7%
Debt ≤ 1 year
€1,791▼
2024 · €6,272
Income taxes
€2,976▼
2024 · €4,762
A ratio outside any meaningful range has been withheld (balance sheet total €245,791, equity €243,001).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €189 | €189 | - | - |
| Other operating charges640/8 | €496 | €502 | €126 | ▼ 74.9% |
| Gross operating margin9900 | €14,798 | €13,193 | €4,944 | ▼ 62.5% |
| Operating profit (loss)9901 | €14,112 | €12,501 | €4,818 | ▼ 61.5% |
| Financial income75/76B | €247 | €3,803 | €5,345 | ▲ 40.6% |
| Recurring financial income75 | €247 | €3,803 | €5,345 | ▲ 40.6% |
| Financial charges65/66B | €198 | €229 | €232 | ▲ 1.3% |
| Recurring financial charges65 | €198 | €229 | €232 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €14,161 | €16,075 | €9,931 | ▼ 38.2% |
| Income taxes67/77 | €4,169 | €4,762 | €2,976 | ▼ 37.5% |
| Profit (loss) for the period9904 | €9,992 | €11,313 | €6,955 | ▼ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €9,992 | €11,313 | €6,955 | ▼ 38.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €230,845 | €242,318 | €245,791 | ▲ 1.4% |
| Fixed assets21/28 | €189 | - | - | - |
| Tangible fixed assets22/27 | €189 | - | - | - |
| Plant, machinery and equipment23 | €189 | - | - | - |
| Current assets29/58 | €230,656 | €242,318 | €245,791 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €4,716 | €4,745 | €827 | ▼ 82.6% |
| Trade receivables40 | €4,716 | €4,733 | - | - |
| Other amounts receivable41 | - | €12 | €827 | ▲ 69× |
| Current investments50/53 | €100,000 | €50,000 | - | - |
| Cash at bank and in hand54/58 | €125,940 | €187,573 | €244,965 | ▲ 30.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €230,845 | €242,318 | €245,791 | ▲ 1.4% |
| Equity10/15 | €224,733 | €236,046 | €243,001 | ▲ 2.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €180,811 | €192,124 | €199,079 | ▲ 3.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €178,951 | €190,264 | €197,219 | ▲ 3.7% |
| Profit (loss) carried forward14 | €37,722 | €37,722 | €37,722 | = |
| Provisions and deferred taxes16 | - | - | €1,000 | - |
| Provisions for liabilities and charges160/5 | - | - | €1,000 | - |
| Environmental obligations163 | - | - | €1,000 | - |
| Amounts payable17/49 | €6,112 | €6,272 | €1,791 | ▼ 71.5% |
| Amounts payable within one year42/48 | €6,112 | €6,272 | €1,791 | ▼ 71.5% |
| Trade debts44 | €613 | €1,118 | - | - |
| Suppliers440/4 | €613 | €1,118 | - | - |
| Taxes, remuneration and social security45 | €1,990 | €853 | - | - |
| Taxes450/3 | €1,990 | €853 | - | - |
| Other amounts payable47/48 | €3,508 | €4,302 | €1,791 | ▼ 58.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,992 | €11,313 | €6,955 | ▼ 38.5% |
| + Depreciation and write-downs630 | €189 | €189 | - | - |
| Operating cash flow (approximation) | €10,181 | €11,502 | €6,955 | ▼ 39.5% |
| Change in cash | - | €61,633 | €57,392 | ▼ 6.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.