Knowledge Management
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €4,309 on 31-12-2025in euro
in euro
Position in the sector
-
Lower than 95% of 9,459 companies in 2024.
-
Higher than 6% of 9,064 companies in 2024.
-
Lower than 95% of 9,192 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
4,309 | 7,778 | 61,263 | 47,327 | 2,255 | 5,043 | 17,965 | 17,447 | 58,125 | |
21/28 |
1,579 | 2,370 | 3,161 | 2,608 | - | - | - | - | - | |
22/27 |
1,579 | 2,370 | 3,161 | 2,608 | - | - | - | - | - | |
24 |
1,579 | 2,370 | 3,161 | 2,608 | - | - | - | - | - | |
29/58 |
2,730 | 5,408 | 58,102 | 44,719 | 2,255 | 5,043 | 17,965 | 17,447 | 58,125 | |
40/41 |
2,255 | 2,345 | 30,236 | 2,255 | 2,255 | 4,088 | 3,541 | 2,987 | 13,814 | |
40 |
- | - | 27,891 | - | - | 926 | - | - | 13,814 | |
41 |
2,255 | 2,345 | 2,345 | 2,255 | 2,255 | 3,163 | 3,541 | 2,987 | - | |
54/58 |
125 | 946 | 26,698 | 42,464 | - | 955 | 14,424 | 14,460 | 44,311 | |
490/1 |
350 | 2,117 | 1,169 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
4,309 | 7,778 | 61,263 | 47,327 | 2,255 | 5,043 | 17,965 | 17,447 | 58,125 | |
10/15 |
-34,435 | -27,745 | 6,113 | -850 | -33,300 | -30,293 | -27,278 | -21,356 | 6,748 | |
10/11 |
6,227 | 6,227 | 6,227 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | 12,350 | 12,350 | |
13 |
- | - | - | 27 | 27 | 27 | 27 | 27 | 27 | |
130/1 |
- | - | - | 27 | 27 | 27 | - | - | - | |
130 |
- | - | - | - | - | - | 27 | 27 | 27 | |
1311 |
- | - | - | 27 | 27 | 27 | - | - | - | |
14 |
-40,662 | -33,973 | -115 | -7,077 | -39,527 | -36,520 | -33,505 | -27,584 | 520 | |
17/49 |
38,743 | 35,523 | 55,151 | 48,177 | 35,555 | 35,336 | 45,242 | 38,804 | 51,378 | |
17 |
300 | 300 | - | - | - | - | - | - | - | |
178/9 |
300 | 300 | - | - | - | - | - | - | - | |
42/48 |
38,443 | 35,223 | 55,151 | 48,177 | 35,555 | 35,336 | 45,242 | 38,804 | 51,378 | |
44 |
4,881 | 897 | 14,504 | 2,417 | 607 | 964 | - | - | 847 | |
440/4 |
4,881 | 897 | 14,504 | 2,417 | 607 | 964 | - | - | 847 | |
46 |
1,850 | - | - | - | - | - | - | - | - | |
45 |
652 | 4,178 | 8,187 | 7,572 | 287 | - | - | 202 | 631 | |
450/3 |
652 | 4,178 | 8,187 | 7,572 | 287 | - | - | 202 | 631 | |
47/48 |
31,060 | 30,148 | 32,459 | 38,188 | 34,661 | 34,372 | 45,242 | 38,601 | 49,899 | |
| Income statement | ||||||||||
9900 |
-3,947 | -29,076 | 20,476 | 34,164 | -2,675 | -2,506 | -5,352 | -27,225 | 1,676 | |
62 |
- | 1,376 | 1,824 | 1,375 | - | - | - | - | - | |
630 |
791 | 791 | 747 | 48 | - | - | - | - | - | |
640/8 |
1,004 | 1,914 | 5,893 | 252 | 176 | 520 | 546 | 891 | 789 | |
9901 |
-5,742 | -33,157 | 12,011 | 32,489 | -2,851 | -3,026 | -5,897 | -28,116 | 887 | |
75/76B |
2 | - | 70 | 140 | 3 | 11 | 2 | 15 | 1 | |
75 |
2 | - | 70 | 140 | 3 | 11 | 2 | 15 | 1 | |
65/66B |
428 | 137 | 306 | 179 | 159 | 0 | 25 | 3 | 148 | |
65 |
428 | 137 | 306 | 179 | 159 | 0 | 25 | 3 | 148 | |
9903 |
-6,168 | -33,294 | 11,775 | 32,450 | -3,007 | -3,015 | -5,921 | -28,104 | 740 | |
67/77 |
521 | 564 | 4,813 | - | - | - | - | - | 192 | |
9904 |
-6,689 | -33,858 | 6,962 | 32,450 | -3,007 | -3,015 | -5,921 | -28,104 | 548 | |
9905 |
-6,689 | -33,858 | 6,962 | 32,450 | -3,007 | -3,015 | -5,921 | -28,104 | 548 | |
| Appropriation of the result | ||||||||||
9906 |
-40,662 | -33,973 | -115 | -7,077 | -39,527 | -36,520 | -33,505 | -27,584 | 548 | |
14P |
-33,973 | -115 | -7,077 | -39,527 | -36,520 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 27 | |
6920 |
- | - | - | - | - | - | - | - | 27 | |
| Document | ||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00327150 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00315987 | |
| 31-12-2023 | micro format | 27-07-2024 | 2024-00292937 | |
| 31-12-2022 | micro format | 30-07-2023 | 2023-00290654 | |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20167867 | |
| 31-12-2020 | micro format | 31-07-2021 | 2021-44000220 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35200119 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-35800532 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-39200127 |
Subsidies and aid
Flemish government 2022 to 2024, 3 entries, €1,778 awarded, €1,778 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €458 | €458 |
| 2023 | 1 | €1,154 | €1,154 |
| 2022 | 1 | €166 | €166 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| -4,951 | -32,366 | 12,759 | 32,537 | - | - | - | - | - | ||
| -5,898 | -33,067 | 7,709 | 32,498 | - | - | - | - | - | ||
| 0 | 0 | 1,300 | 2,656 | - | - | - | - | - | ||
| -821 | -25,752 | -15,766 | - | - | -13,469 | -36 | -29,851 | - | ||
| -35,713 | -29,815 | 2,952 | -3,458 | -33,300 | -30,293 | -27,278 | -21,356 | 6,748 | ||
| - | -356.7% | 10.0% | -1.8% | - | -600.6% | -151.8% | -122.4% | 11.6% | ||
| - | 0.15 | 1.05 | 0.93 | - | 0.14 | 0.40 | 0.45 | 1.13 | ||
| - | - | 9.02 | - | - | - | - | - | 7.61 | ||
| - | - | 113.9% | - | - | - | - | - | 8.1% | ||
| - | -435.3% | 11.4% | 68.6% | - | -59.8% | -33.0% | -161.1% | 0.9% | ||
| -11.57 | -235.78 | 41.64 | over 100 | - | - | - | - | - |
The ratios are withheld because a balance sheet total of €4,309 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,300 | €2,656 | - |
| €791 | €791 | €747 | €48 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Knowledge Management
The operating result for 2025 is a loss of €5,742, smaller than the loss of €33,157 in 2024.
Equity is negative. Debt (€38,743) exceeds the balance-sheet total (€4,309).