Financials · financial year 2025, micro format
Annual accounts 2025 filed on 14-07-2026 at the NBB all 2 filings
Equity
€76,548▲ 46.3%
2024 · €52,317
Net result
€24,231▼ 50.9%
2024 · €49,317
Total assets
€82,187▲ 29.7%
2024 · €63,389
Solvency
93.1%▲ 10.6pp
2024 · 82.5%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€30,419
▼ 50.7%
2025
20242025
Net result
€24,231
▼ 50.9%
2025
middle half of the sector
20242025
Equity
€76,548
▲ 46.3%
2025
middle half of the sector
20242025
Total assets
€82,187
▲ 29.7%
2025
lowest quarter of the sector
20242025
Debt
€5,639
▼ 49.1%
2025
20242025
Working capital
€64,346
▲ 35.5%
2025
middle half of the sector
20242025
Solvency
93.1%
▲ 10.6pp
2025
highest quarter of the sector
20242025
Current ratio
12.41
▲ 7.12
2025
highest quarter of the sector
20242025
Return on assets (ROA)
29.5%
▼ 48.3pp
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€61,744-€30,419▼ 50.7%
Net result€49,317within the sector's middle half-€24,231within the sector's middle half▼ 50.9%
Equity€52,317within the sector's middle half-€76,548within the sector's middle half▲ 46.3%
Total assets€63,389below the sector's middle half-€82,187below the sector's middle half▲ 29.7%
Debt€11,072-€5,639▼ 49.1%
Working capital€47,489within the sector's middle half-€64,346within the sector's middle half▲ 35.5%
Solvency82.5%above the sector's middle half-93.1%above the sector's middle half▲ 10.6pp
Current ratio5.29above the sector's middle half-12.41above the sector's middle half▲ 7.12
Return on assets (ROA)77.8%above the sector's middle half-29.5%above the sector's middle half▼ 48.3pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 51% lower 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 €82,187
Fixed assets
€12,201 ▲ 153%
Current assets
€69,985 ▲ 19.5%
Equity and liabilities €82,187
Equity
€76,548 ▲ 46.3%
Debt
€5,639 ▼ 49.1%
Debt's share of the balance-sheet total falls from 17.5% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
31.7%▼
2024 · 94.3%
Debt ≤ 1 year
€5,639▼
2024 · €11,072
Income taxes
€6,066▼
2024 · €12,326
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 | €5,707 | €18,126 |
| Depreciation and write-downs of the year | €878 | €962 |
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 | €878 | €962 | ▲ 9.5% |
| Other operating charges640/8 | €389 | €186 | ▼ 52.3% |
| Non-recurring operating charges66A | - | €3,909 | - |
| Gross operating margin9900 | €63,011 | €35,475 | ▼ 43.7% |
| Operating profit (loss)9901 | €61,744 | €30,419 | ▼ 50.7% |
| Financial income75/76B | €0 | €49 | ▲ 136× |
| Recurring financial income75 | €0 | €49 | ▲ 136× |
| Financial charges65/66B | €101 | €171 | ▲ 69.0% |
| Recurring financial charges65 | €101 | €171 | ▲ 69.0% |
| Profit (loss) for the period before taxes9903 | €61,643 | €30,297 | ▼ 50.9% |
| Income taxes67/77 | €12,326 | €6,066 | ▼ 50.8% |
| Profit (loss) for the period9904 | €49,317 | €24,231 | ▼ 50.9% |
| Profit (loss) for the period to be appropriated9905 | €49,317 | €24,231 | ▼ 50.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €63,389 | €82,187 | ▲ 29.7% |
| Fixed assets21/28 | €4,828 | €12,201 | ▲ 153% |
| Tangible fixed assets22/27 | €4,828 | €12,201 | ▲ 153% |
| Furniture and vehicles24 | €4,828 | €12,201 | ▲ 153% |
| Current assets29/58 | €58,561 | €69,985 | ▲ 19.5% |
| Amounts receivable within one year40/41 | €12,051 | €11,652 | ▼ 3.3% |
| Trade receivables40 | €12,051 | €8,000 | ▼ 33.6% |
| Other amounts receivable41 | - | €3,652 | - |
| Cash at bank and in hand54/58 | €46,510 | €57,688 | ▲ 24.0% |
| Deferred charges and accrued income490/1 | - | €645 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €63,389 | €82,187 | ▲ 29.7% |
| Equity10/15 | €52,317 | €76,548 | ▲ 46.3% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | - | €73,000 | - |
| Distributable reserves133 | - | €73,000 | - |
| Profit (loss) carried forward14 | €49,317 | €548 | ▼ 98.9% |
| Amounts payable17/49 | €11,072 | €5,639 | ▼ 49.1% |
| Amounts payable within one year42/48 | €11,072 | €5,639 | ▼ 49.1% |
| Trade debts44 | €3,524 | €794 | ▼ 77.5% |
| Suppliers440/4 | €3,524 | €794 | ▼ 77.5% |
| Taxes, remuneration and social security45 | €7,549 | €4,845 | ▼ 35.8% |
| Taxes450/3 | €5,051 | €2,329 | ▼ 53.9% |
| Remuneration and social security454/9 | €2,498 | €2,516 | ▲ 0.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €49,317 | €24,231 | ▼ 50.9% |
| + Depreciation and write-downs630 | €878 | €962 | ▲ 9.5% |
| Operating cash flow (approximation) | €50,195 | €25,193 | ▼ 49.8% |
| Investment in fixed assets (approximation) | - | -€8,335 | - |
| Change in cash | - | €11,178 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.