Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.
Negative equity caps the score at 59.
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 12% of them on solvency, 16% on liquidity, 40% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,242 companies had the same profile as LEARIMO has now. Each dot stands for 4 companies, two years later.
Another 1.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LEARIMO itself: 0.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,242 companies, not a prediction for LEARIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.22 (0.15 in 2024), below 1. Short-term debt is 103.1% and cash 22.9% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 36 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
LEARIMO files the abbreviated format. That format states no turnover. The gross margin rose from €83,923 in 2006 to €115,360 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets.
In April 2022, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €180,000 and €550,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.4m | 1.5m | 1.6m | 1.9m | 2.2m | 2.8m | 2.5m | 1.1m | 1.2m | 1.3m | 1.4m | 1.3m | 1.5m | 1.6m | 1.6m | 1.7m | 1.7m | 1.1m | 1.0m | 1.1m | |
21/28 |
1.1m | 1.3m | 1.5m | 1.7m | 2.0m | 2.8m | 1.4m | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 484,744 | 514,301 | 544,606 | 580,114 | 691,787 | 889,104 | 942,664 | |
22/27 |
1.1m | 1.3m | 1.5m | 1.7m | 2.0m | 2.8m | 1.4m | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 481,175 | 510,732 | 541,037 | 577,154 | 688,828 | 886,144 | 939,705 | |
22 |
1.1m | 1.3m | 1.5m | 1.7m | 2.0m | 2.8m | 1.4m | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 480,234 | 507,580 | 537,242 | 566,905 | 687,782 | 884,331 | 938,893 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | 314 | 627 | 941 | 3,152 | 3,794 | 10,249 | 1,046 | 1,813 | 812 | |
24 |
- | - | - | - | - | 366 | 733 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,570 | 3,570 | 3,570 | 2,960 | 2,960 | 2,960 | 2,959 | |
29/58 |
315,045 | 211,840 | 71,059 | 118,377 | 259,602 | 45,576 | 1.1m | 101,258 | 82,797 | 103,134 | 130,247 | 49,873 | 111,180 | 1.1m | 1.1m | 1.2m | 1.2m | 374,417 | 139,237 | 111,773 | |
40/41 |
- | - | - | - | 189 | - | - | 5,733 | - | - | - | - | - | 28,740 | 29,117 | 28,849 | 28,346 | 25,648 | 21,254 | 26,632 | |
40 |
- | - | - | - | 189 | - | - | 3,880 | - | - | - | - | - | 28,194 | 28,194 | 28,194 | 28,194 | 24,302 | 20,735 | 26,370 | |
41 |
- | - | - | - | - | - | - | 1,853 | - | - | - | - | - | 546 | 923 | 655 | 152 | 1,346 | 520 | 262 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 297,000 | 297,000 | 85,000 | 45,000 | |
54/58 |
313,335 | 205,369 | 66,432 | 114,486 | 253,561 | 43,686 | 1.1m | 95,525 | 75,585 | 98,143 | 125,348 | 36,695 | 83,950 | 1.1m | 1.1m | 1.1m | 824,956 | 46,556 | 30,423 | 37,073 | |
490/1 |
1,710 | 6,471 | 4,627 | 3,891 | 5,852 | 1,889 | 1,841 | - | 7,212 | 4,991 | 4,899 | 13,178 | 27,230 | 30,313 | - | - | - | 5,214 | 2,559 | 3,068 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.4m | 1.5m | 1.6m | 1.9m | 2.2m | 2.8m | 2.5m | 1.1m | 1.2m | 1.3m | 1.4m | 1.3m | 1.5m | 1.6m | 1.6m | 1.7m | 1.7m | 1.1m | 1.0m | 1.1m | |
10/15 |
-136,269 | -28,728 | 66,835 | 308,597 | 473,257 | 418,036 | 214,032 | 454,095 | 517,099 | 585,302 | 656,340 | 732,082 | 817,102 | 903,374 | 911,661 | 964,363 | 1.0m | 602,984 | 561,645 | 580,696 | |
10/11 |
154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | |
10 |
154,933 | 154,933 | 154,933 | 154,933 | 154,933 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | 154,933 | |
13 |
325,949 | 388,606 | 451,263 | 513,920 | 576,577 | 629,669 | 382,293 | 407,516 | 432,739 | 457,961 | 483,184 | 508,407 | 533,480 | 593,859 | 597,535 | 601,212 | 604,889 | 101,091 | 118,043 | 126,472 | |
130/1 |
15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | 15,493 | |
132 |
282,580 | 345,237 | 407,894 | 470,551 | 533,208 | 586,300 | 338,925 | 364,147 | 389,370 | 414,593 | 439,815 | 465,038 | 490,111 | 550,490 | 554,167 | 557,844 | 561,520 | 57,722 | 74,675 | 83,103 | |
133 |
27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,875 | 27,876 | |
14 |
-617,151 | -572,267 | -539,361 | -360,257 | -258,253 | -366,566 | -323,195 | -108,355 | -70,573 | -27,593 | 18,222 | 68,742 | 128,689 | 154,582 | 159,192 | 208,218 | 252,492 | 346,959 | 288,668 | 299,291 | |
16 |
94,193 | 115,079 | 135,965 | 156,850 | 177,736 | 252,398 | 174,520 | 187,507 | 200,495 | 213,483 | 226,471 | 239,458 | 252,369 | 283,459 | 285,353 | 287,246 | 289,139 | 29,722 | 38,452 | 42,792 | |
168 |
94,193 | 115,079 | 135,965 | 156,850 | 177,736 | 252,398 | 174,520 | 187,507 | 200,495 | 213,483 | 226,471 | 239,458 | 252,369 | 283,459 | 285,353 | 287,246 | 289,139 | 29,722 | 38,452 | 42,792 | |
17/49 |
1.4m | 1.4m | 1.4m | 1.4m | 1.6m | 2.2m | 2.2m | 491,904 | 461,353 | 464,401 | 471,391 | 372,692 | 400,474 | 430,130 | 440,336 | 447,097 | 428,961 | 433,498 | 428,244 | 430,949 | |
17 |
- | - | - | - | - | - | - | 1,470 | 2,020 | 1,600 | 1,600 | 1,600 | 374,535 | 381,859 | 381,859 | 381,859 | 381,859 | 383,659 | 393,159 | 393,159 | |
178/9 |
- | - | - | - | - | - | - | 1,470 | 2,020 | 1,600 | 1,600 | 1,600 | 374,535 | 381,859 | 381,859 | 381,859 | 381,859 | 383,659 | 393,159 | 393,159 | |
42/48 |
1.4m | 1.4m | 1.4m | 1.4m | 1.6m | 2.2m | 2.2m | 490,434 | 455,648 | 458,276 | 464,941 | 366,246 | 9,247 | 31,579 | 40,800 | 46,219 | 26,208 | 48,029 | 13,861 | 16,993 | |
44 |
12,295 | 8,926 | 9,026 | 5,842 | 25,290 | 20,046 | 4,850 | - | 8,149 | 6,068 | 6,069 | 7,727 | 257 | 1,584 | 939 | 20,802 | 21,105 | 944 | 1,150 | 6,148 | |
440/4 |
12,295 | 8,926 | 9,026 | 5,842 | 25,290 | 20,046 | 4,850 | - | 8,149 | 6,068 | 6,069 | 7,727 | 257 | 1,584 | 939 | 20,802 | 21,105 | 944 | 1,150 | 6,148 | |
45 |
1,310 | 1,856 | 1,251 | 1,251 | 433 | 6,574 | 8,905 | 4,857 | 5,633 | 5,425 | 8,676 | 7,432 | 7,235 | 7,219 | 6,224 | 8,243 | 4,888 | 4,908 | 4,979 | 4,973 | |
450/3 |
1,310 | 1,856 | 1,251 | 1,251 | 433 | 6,574 | 8,905 | 4,857 | 5,633 | 5,425 | 5,621 | 5,879 | 5,684 | 5,684 | 4,699 | 6,713 | 3,356 | 3,373 | 3,458 | 3,458 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | 3,055 | 1,553 | 1,551 | 1,535 | 1,525 | 1,531 | 1,531 | 1,535 | 1,521 | 1,515 | |
47/48 |
1.4m | 1.4m | 1.4m | 1.4m | 1.5m | 2.1m | 2.1m | 485,577 | 441,867 | 446,783 | 450,196 | 351,087 | 1,755 | 22,775 | 33,637 | 17,173 | 215 | 42,177 | 7,732 | 5,872 | |
492/3 |
0 | 162 | - | - | 71 | - | - | - | 3,685 | 4,525 | 4,850 | 4,846 | 16,692 | 16,692 | 17,677 | 19,020 | 20,894 | 1,810 | 21,223 | 20,797 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 280 | - | - | - | - | - | - | - | 792 | |
9900 |
115,360 | 126,870 | -20,227 | 56,689 | -413 | 500,247 | -51,417 | 23,416 | 28,269 | 14,955 | 30,167 | 23,046 | 26,416 | 55,486 | 8,668 | 24,568 | 751,026 | 112,279 | 71,311 | 83,923 | |
630 |
227,680 | 227,680 | 228,752 | 229,100 | 265,040 | 204,602 | 167,955 | 63,902 | 63,902 | 63,902 | 76,747 | 76,646 | 75,894 | 31,995 | 31,873 | 41,617 | 40,459 | 45,371 | 55,584 | 70,834 | |
640/8 |
15,048 | 15,879 | 14,051 | 12,336 | 18,250 | 26,397 | 20,710 | 22,114 | 30,091 | 18,447 | 17,261 | 22,834 | 45,313 | 18,918 | 13,277 | 15,985 | 20,301 | 18,621 | 18,307 | 16,508 | |
66A |
- | - | - | - | - | - | - | - | - | - | 5,505 | - | - | - | - | - | - | - | - | - | |
9901 |
-127,368 | -116,688 | -263,029 | -184,747 | -283,703 | 269,248 | -240,082 | -62,600 | -65,724 | -67,394 | -63,842 | -76,434 | -94,790 | 4,573 | -36,483 | -33,034 | 690,267 | 48,287 | -2,580 | -3,419 | |
75/76B |
587 | 1,877 | 1,962 | 1,431 | 91 | 15,106 | 1,955 | 1 | 60 | - | 0 | 266 | 660 | 7,843 | 4,493 | 5,936 | 1,289 | 7,052 | 2,766 | 698 | |
75 |
587 | 1,877 | 1,962 | 1,431 | 91 | 15,106 | 1,955 | 1 | - | - | 0 | 266 | 660 | 7,843 | 4,493 | 5,936 | 1,289 | 7,052 | 2,766 | 698 | |
76B |
- | - | - | - | - | - | - | - | 60 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
395 | 361 | 328 | 162 | 497 | 156 | 13,648 | 12,117 | 14,064 | 16,009 | 18,764 | 21,421 | 22,610 | 22,596 | 22,606 | 22,747 | 22,808 | 22,729 | 23,577 | 23,523 | |
65 |
395 | 361 | 328 | 162 | 497 | 156 | 13,648 | 12,117 | 14,064 | 16,009 | 18,764 | 21,421 | 22,610 | 22,596 | 22,606 | 22,747 | 22,808 | 22,729 | 23,577 | 23,523 | |
9903 |
-127,175 | -115,172 | -261,396 | -183,477 | -284,110 | 284,198 | -251,775 | -74,716 | -79,727 | -83,403 | -88,110 | -97,309 | -116,740 | -10,180 | -54,596 | -49,845 | 668,748 | 32,610 | -23,391 | -25,452 | |
780 |
20,886 | 20,886 | 20,886 | 20,886 | 25,707 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
1,251 | 1,277 | 1,251 | 2,069 | 1,251 | 2,315 | 1,276 | 1,276 | 1,463 | 622 | 620 | 622 | 622 | - | - | - | - | - | - | - | |
9904 |
-107,541 | -95,564 | -241,761 | -164,661 | -259,654 | 204,004 | -240,063 | -63,004 | -68,203 | -71,038 | -75,743 | -85,020 | -86,272 | -8,287 | -52,702 | -47,952 | 409,331 | 41,339 | -19,051 | -21,112 | |
789 |
62,657 | 62,657 | 62,657 | 62,657 | 77,121 | 55,511 | 25,223 | 25,223 | 25,223 | 25,223 | 25,223 | 25,223 | 60,379 | 3,677 | 3,677 | 3,677 | 3,677 | 51,959 | 8,428 | 8,428 | |
689 |
- | - | - | - | - | 302,887 | - | - | - | - | - | 150 | - | - | - | - | 507,475 | 35,006 | - | - | |
9905 |
-44,884 | -32,907 | -179,104 | -102,004 | -182,533 | -43,371 | -214,840 | -37,782 | -42,980 | -45,815 | -50,520 | -59,947 | -25,893 | -4,610 | -49,025 | -44,275 | -94,467 | 58,291 | -10,623 | -12,684 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-617,151 | -572,267 | -539,361 | -360,257 | -258,253 | -366,566 | -323,195 | -108,355 | -70,573 | -27,593 | 18,222 | 68,742 | 128,689 | 154,582 | 159,192 | 208,218 | 252,492 | 346,959 | 288,668 | 299,291 | |
14P |
-572,267 | -539,361 | -360,257 | -258,253 | -75,720 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 21 older financial years (1985-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 11 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 21-08-2026.
2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418989.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-08-2026 | 2026-00418989 | |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00407084 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00324257 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00281362 | |
| 31-12-2021 | micro format | 06-12-2022 | 2022-20532318 | |
| 31-12-2020 | micro format | 23-09-2021 | 2021-68200134 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-49000109 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54100122 | |
| 31-12-2017 | micro format | 20-09-2018 | 2018-64100341 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56100501 | |
| 31-12-2015 | abbreviated format | 02-05-2016 | 2016-11300501 | |
| 31-12-2014 | abbreviated format | 29-06-2015 | 2015-24200224 | |
| 31-12-2013 | abbreviated format | 29-09-2014 | 2014-61800090 | |
| 31-12-2012 | abbreviated format | 24-10-2013 | 2013-63800259 | |
| 31-12-2011 | abbreviated format | 27-09-2012 | 2012-58400340 | |
| 31-12-2010 | abbreviated format | 28-06-2011 | 2011-22800491 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-47000116 | |
| 31-12-2008 | abbreviated format | 12-06-2009 | 2009-22600073 | |
| 31-12-2007 | abbreviated format | 07-07-2008 | 2008-37500334 | |
| 31-12-2006 | abbreviated format | 02-07-2007 | 2007-33300147 | |
| 31-12-2005 | abbreviated format | 12-07-2006 | 2006-46605179 | |
| 31-12-2004 | abbreviated format | 05-07-2005 | 2005-42005364 | |
| 31-12-2003 | abbreviated format | 27-04-2004 | 2004-12205140 | |
| 31-12-2002 | abbreviated format | 25-04-2003 | 2003-11804999 | |
| 31-12-2001 | abbreviated format | 23-04-2002 | 2002-10400979 | |
| 31-12-2000 | abbreviated format | 22-05-2001 | 2001-13704417 | |
| 31-12-1999 | abbreviated format | 15-05-2000 | 2000-13004088 | |
| 31-12-1998 | abbreviated format | 18-06-1999 | 1999-20103900 | |
| 31-12-1997 | abbreviated format | 25-08-1998 | 1998-42002354 | |
| 31-12-1996 | abbreviated format | 01-10-1997 | 1997-46504546 | |
| 31-12-1995 | abbreviated format | 19-07-1996 | 1996-35104814 | |
| 31-12-1994 | abbreviated format | 19-06-1995 | 1995-25600669 | |
| 31-12-1993 | abbreviated format | 29-07-1994 | 1994-33503791 | |
| 31-12-1992 | abbreviated format | 16-07-1993 | 1993-27300680 | |
| 31-12-1991 | abbreviated format | 13-07-1992 | 1992-21803699 | |
| 31-12-1990 | abbreviated format | 04-10-1991 | 1991-27302320 | |
| 31-12-1989 | abbreviated format | 14-06-1990 | 1990-08603280 | |
| 31-12-1988 | abbreviated format | 21-08-1989 | 1989-20601038 | |
| 31-12-1987 | abbreviated format | 29-06-1988 | 1988-11504969 | |
| 31-12-1986 | abbreviated format | 15-04-1987 | 1987-04704692 | |
| 31-12-1985 | abbreviated format | 30-09-1986 | 1986-40201850 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100,312 | 110,992 | -34,278 | 44,353 | -18,663 | 473,850 | -72,127 | 1,302 | -1,822 | -3,492 | 12,905 | 212 | -18,897 | 36,568 | -4,609 | 8,583 | 730,725 | 93,658 | 53,004 | 67,415 | ||
| 120,139 | 132,116 | -13,010 | 64,439 | 5,386 | 408,606 | -72,108 | 898 | -4,301 | -7,135 | 1,004 | -8,374 | -10,378 | 23,708 | -20,829 | -6,334 | 449,790 | 86,710 | 36,533 | 49,722 | ||
| 0 | 0 | 0 | 0 | 19,943 | 1.8m | 532,125 | 0 | 0 | 0 | 6,341 | 17,560 | 953,485 | 2,438 | 1,568 | 5,500 | 20,000 | 319 | 2,023 | 2,950 | ||
| 107,966 | 138,937 | -48,054 | -139,075 | 209,874 | -1.1m | 1.0m | 19,940 | -22,558 | -27,205 | 88,653 | -47,256 | -989,216 | -20,765 | -31,320 | 300,295 | 778,400 | 16,133 | -6,650 | - | ||
| -1.1m | -1.2m | -1.3m | -1.3m | -1.3m | -2.1m | -1.0m | -389,176 | -372,851 | -355,142 | -334,694 | -316,374 | 101,932 | 1.1m | 1.1m | 1.1m | 1.1m | 326,388 | 125,375 | 94,780 | ||
| -10.0% | -1.9% | 4.2% | 16.6% | 21.3% | 14.8% | 8.4% | 40.1% | 43.9% | 46.3% | 48.5% | 54.5% | 55.6% | 55.9% | 55.7% | 56.8% | 58.5% | 56.6% | 54.6% | 55.1% | ||
| 0.22 | 0.15 | 0.05 | 0.09 | 0.16 | 0.02 | 0.53 | 0.21 | 0.18 | 0.23 | 0.28 | 0.14 | 12.02 | 35.85 | 27.53 | 24.97 | 43.89 | 7.80 | 10.05 | 6.58 | ||
| - | - | 20.59 | 4.50 | 3.33 | 5.15 | 10.07 | 1.08 | 0.89 | 0.79 | 0.72 | 0.51 | 0.49 | 0.48 | 0.48 | 0.46 | 0.42 | 0.72 | 0.76 | 0.74 | ||
| - | - | -361.7% | -53.4% | -54.9% | 48.8% | -112.2% | -13.9% | -13.2% | -12.1% | -11.5% | -11.6% | -10.6% | -0.9% | -5.8% | -5.0% | 40.4% | 6.9% | -3.4% | -3.6% | ||
| -7.9% | -6.4% | -15.3% | -8.9% | -11.7% | 7.2% | -9.4% | -5.6% | -5.8% | -5.6% | -5.6% | -6.3% | -5.9% | -0.5% | -3.2% | -2.8% | 23.7% | 3.9% | -1.9% | -2.0% | ||
| over 100 | over 100 | -104.41 | over 100 | -37.52 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €19,943 |
| Financial fixed assets | €0 | - | - | - | - |
| €227,680 | €227,680 | €228,752 | €229,100 | €265,040 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €127,368, larger than the loss of €116,688 in 2024.
Equity is negative. Debt (€1.4m) exceeds the balance-sheet total (€1.4m).
LEARIMO has no parent and no holdings in its annual accounts.
| STUDIOPOLIS ARCHITECTE
registered office since 13-10-2017 · founded in 2017 |
total assets €249,708 (2025) 0682.879.604 |
| Innextus
registered office since 04-10-2022 · founded in 2022 |
total assets €42,521 (2025) 0791.853.956 |
| Wauthy, Juliette (sole trader)
establishment since 18-04-2024 |
founded in 2024 1008.526.915 |
| La Médusante
registered office since 01-07-1967 |
founded in 1967 0403.023.122 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Beenhouwersstraat 79 registered office 1000 Brussels 46180 Agents specialised in the wholesale of other particular products | 21-10-2022 | 2.338.935.561 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21802B1331/00B000 | 326 m² | 1 · 32 m² | 16.1 m · 5 |
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