Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-05-2026 PDF all 7 filings
Equity
€3,284▲ 10.8%
2024 · €2,965
Net result
€320▲ 173%
2024 · €117
Total assets
€3,284▲ 6.7%
2024 · €3,079
Solvency
100.0%▲ 3.7pp
2024 · 96.3%
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€365
▲ 134%
2025
20192025
Net result
€320
▲ 173%
2025
lowest quarter of the sector
20192025
Equity
€3,284
▲ 10.8%
2025
lowest quarter of the sector
20192025
Total assets
€3,284
▲ 6.7%
2025
lowest quarter of the sector
20192025
Debt
€0
▼ 100%
2025
20192025
Working capital
no figure
2025
20192025
Solvency
100.0%
▲ 3.7pp
2025
highest quarter of the sector
20192025
Current ratio
no figure
2025
20192025
Return on assets (ROA)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€2,458--€2,482-€1,392▲ 43.9%-€438▲ 68.5%-€524▼ 19.6%€156€365▲ 134%
Net result€1,672--€2,533below the sector's middle half-€1,447below the sector's middle half▲ 42.9%-€481below the sector's middle half▲ 66.8%-€563below the sector's middle half▼ 17.1%€117below the sector's middle half€320below the sector's middle half▲ 173%
Equity€7,872-€5,338below the sector's middle half▼ 32.2%€3,892below the sector's middle half▼ 27.1%€3,411below the sector's middle half▼ 12.4%€2,848below the sector's middle half▼ 16.5%€2,965below the sector's middle half▲ 4.1%€3,284below the sector's middle half▲ 10.8%
Total assets€8,063-€5,359below the sector's middle half▼ 33.5%€4,044below the sector's middle half▼ 24.5%€3,538below the sector's middle half▼ 12.5%€2,872below the sector's middle half▼ 18.8%€3,079below the sector's middle half▲ 7.2%€3,284below the sector's middle half▲ 6.7%
Debt€192-€20▼ 89.5%€152▲ 654%€127▼ 16.3%€24▼ 81.1%€114▲ 375%€0▼ 100%
Working capital€7,231-€4,381within the sector's middle half▼ 39.4%€3,537within the sector's middle half▼ 19.3%€3,233within the sector's middle half▼ 8.6%€2,616within the sector's middle half▼ 19.1%€2,856within the sector's middle half▲ 9.2%
Solvency97.6%-99.6%above the sector's middle half▲ 2.0pp96.2%above the sector's middle half▼ 3.4pp96.4%above the sector's middle half▲ 0.2pp99.2%above the sector's middle half▲ 2.8pp96.3%above the sector's middle half▼ 2.9pp100.0%above the sector's middle half▲ 3.7pp
Current ratio38.69-
Return on assets (ROA)20.7%--47.3%below the sector's middle half▼ 68.0pp
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 134% higher than in 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
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 €3,284
Fixed assets
€50 ▼ 54.5%
Current assets
€3,235 ▲ 8.9%
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €195 | €173 | - | - |
| Depreciation and write-downs of the year | €602 | €371 | €120 | €123 | €60 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,236 | €608 | €602 | €371 | €120 | €123 | €60 | ▼ 51.4% |
| Other operating charges640/8 | - | - | €898 | €901 | €955 | €994 | €985 | ▼ 1.0% |
| Gross operating margin9900 | €5,069 | -€1,325 | €108 | €834 | €551 | €1,273 | €1,409 | ▲ 10.7% |
| Operating profit (loss)9901 | €2,458 | -€2,482 | -€1,392 | -€438 | -€524 | €156 | €365 | ▲ 134% |
| Financial charges65/66B | - | - | €55 | €42 | €39 | €39 | €45 | ▲ 15.4% |
| Recurring financial charges65 | €52 | €51 | €55 | €42 | €39 | €39 | €45 | ▲ 15.4% |
| Profit (loss) for the period before taxes9903 | €2,406 | -€2,533 | -€1,447 | -€481 | -€563 | €117 | €320 | ▲ 173% |
| Income taxes67/77 | €734 | -€0 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,672 | -€2,533 | -€1,447 | -€481 | -€563 | €117 | €320 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | €1,672 | -€2,533 | -€1,447 | -€481 | -€563 | €117 | €320 | ▲ 173% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €8,063 | €5,359 | €4,044 | €3,538 | €2,872 | €3,079 | €3,284 | ▲ 6.7% |
| Fixed assets21/28 | €640 | €957 | €355 | €178 | €232 | €109 | €50 | ▼ 54.5% |
| Tangible fixed assets22/27 | €640 | €957 | €355 | €178 | €232 | €109 | €50 | ▼ 54.5% |
| Furniture and vehicles24 | - | - | €355 | €178 | €232 | €109 | €50 | ▼ 54.5% |
| Current assets29/58 | €7,423 | €4,402 | €3,689 | €3,360 | €2,640 | €2,970 | €3,235 | ▲ 8.9% |
| Amounts receivable within one year40/41 | €1,266 | €140 | €0 | - | - | - | - | - |
| Other amounts receivable41 | - | - | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €6,158 | €4,261 | €3,689 | €3,360 | €2,640 | €2,970 | €3,235 | ▲ 8.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €8,063 | €5,359 | €4,044 | €3,538 | €2,872 | €3,079 | €3,284 | ▲ 6.7% |
| Equity10/15 | €7,872 | €5,338 | €3,892 | €3,411 | €2,848 | €2,965 | €3,284 | ▲ 10.8% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,672 | €1,672 | €1,672 | €1,672 | €1,672 | €1,672 | €1,672 | = |
| Non-distributable reserves130/1 | - | - | €1,672 | €1,672 | €1,672 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,672 | €1,672 | €1,672 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,672 | €1,672 | = |
| Profit (loss) carried forward14 | - | -€2,533 | -€3,980 | -€4,461 | -€5,024 | -€4,907 | -€4,587 | ▲ 6.5% |
| Amounts payable17/49 | €192 | €20 | €152 | €127 | €24 | €114 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €192 | €20 | €152 | €127 | €24 | €114 | - | - |
| Taxes, remuneration and social security45 | - | - | €132 | €107 | €4 | €114 | - | - |
| Taxes450/3 | - | - | €132 | €107 | €4 | €114 | - | - |
| Other amounts payable47/48 | - | - | €20 | €20 | €20 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,672 | -€2,533 | -€1,447 | -€481 | -€563 | €117 | €320 | ▲ 173% |
| + Depreciation and write-downs630 | €2,236 | €608 | €602 | €371 | €120 | €123 | €60 | ▼ 51.4% |
| Operating cash flow (approximation) | €3,908 | -€1,925 | -€845 | -€109 | -€443 | €240 | €380 | ▲ 58.1% |
| Investment in fixed assets (approximation) | - | -€925 | €0 | -€195 | -€174 | €0 | -€0 | - |
| Change in cash | - | -€1,896 | -€573 | -€329 | -€720 | €330 | €265 | ▼ 19.8% |
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 (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-05-2026 | 2026-00121289 | |
| 31-12-2024 | micro format | 08-06-2025 | 2025-00125517 | |
| 31-12-2023 | micro format | 01-06-2024 | 2024-00108463 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00120225 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20147816 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-28200291 | |
| 31-12-2019 | micro format | 04-06-2020 | 2020-14600066 |