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Annual accounts 2025
micro format, filed on 05-12-2025, 57 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €60,000. Estimated: probably between €29,000 and €120,000.
Balance sheet
balance sheet total €498,480 on 30-06-2025in euro
in euro
Position in the sector
47.9%
Higher than 43% of 39,364 companies in 2025.
2.83
Higher than 61% of 38,048 companies in 2025.
-3.2%
Higher than 14% of 38,520 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
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 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
498,480 | 535,134 | 553,321 | 533,553 | 570,252 | 515,452 | 544,991 | 545,665 | 130,401 | 80,169 | 44,845 | |
21/28 |
352,717 | 365,759 | 384,478 | 396,458 | 401,002 | 409,963 | 424,330 | 435,656 | 20,856 | 16,039 | 4,023 | |
22/27 |
352,717 | 365,759 | 384,478 | 396,458 | 401,002 | 409,963 | 424,330 | 435,656 | 20,856 | 16,039 | 4,023 | |
22 |
342,627 | 353,637 | 364,648 | 375,658 | 386,669 | 397,679 | 408,690 | 419,700 | - | - | - | |
23 |
4,493 | 1,180 | 1,789 | 2,399 | 3,009 | - | - | - | - | - | - | |
24 |
2,750 | 6,690 | 12,325 | 14,921 | 6,461 | 5,223 | 6,382 | 4,500 | 7,202 | 4,256 | 1,033 | |
26 |
2,848 | 4,252 | 5,716 | 3,480 | 4,864 | 7,061 | 9,259 | 11,456 | 13,654 | 11,783 | 2,990 | |
29/58 |
145,764 | 169,375 | 168,843 | 137,095 | 169,250 | 105,489 | 120,661 | 110,008 | 109,545 | 64,131 | 40,822 | |
29 |
- | - | - | - | 40,000 | - | - | - | - | - | - | |
291 |
- | - | - | - | 40,000 | - | - | - | - | - | - | |
40/41 |
12,944 | 7,050 | 6,642 | 49,346 | 19,199 | 45,873 | 66,713 | 30,262 | 9,107 | 2,755 | 6,013 | |
40 |
12,522 | 0 | 6,140 | 46,109 | 18,364 | 24,371 | 37,205 | 11,264 | 8,617 | 2,426 | 5,553 | |
41 |
423 | 7,050 | 503 | 3,237 | 834 | 21,502 | 29,508 | 18,998 | 490 | 329 | 460 | |
54/58 |
132,819 | 161,623 | 161,216 | 82,631 | 108,946 | 58,316 | 52,679 | 78,139 | 99,218 | 56,795 | 30,222 | |
490/1 |
0 | 702 | 985 | 5,118 | 1,106 | 1,300 | 1,270 | 1,607 | 1,219 | 4,581 | 4,587 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
498,480 | 535,134 | 553,321 | 533,553 | 570,252 | 515,452 | 544,991 | 545,665 | 130,401 | 80,169 | 44,845 | |
10/15 |
238,909 | 254,705 | 271,424 | 254,451 | 253,900 | 177,802 | 187,237 | 150,373 | 108,155 | 51,306 | 20,526 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | |
13 |
265,224 | 265,224 | 265,224 | 248,251 | 247,700 | 171,602 | 181,037 | 144,173 | 101,955 | 45,106 | 14,326 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | 1,860 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | |
132 |
37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 18,750 | - | - | |
133 |
227,724 | 227,724 | 227,724 | 210,751 | 208,340 | 132,242 | 141,677 | 104,813 | 81,345 | 43,246 | 12,466 | |
14 |
-32,515 | -16,719 | - | - | - | - | - | - | - | - | - | |
17/49 |
259,571 | 280,429 | 281,897 | 279,102 | 316,351 | 337,650 | 357,754 | 395,292 | 22,246 | 28,864 | 24,318 | |
17 |
200,000 | 200,000 | 200,000 | 205,990 | 226,196 | 246,098 | 265,703 | 285,002 | - | - | - | |
170/4 |
200,000 | 200,000 | 200,000 | 205,990 | 226,196 | 246,098 | 265,703 | 285,002 | - | - | - | |
42/48 |
51,571 | 72,429 | 76,242 | 73,112 | 88,953 | 89,285 | 86,949 | 107,396 | 20,461 | 27,955 | 24,318 | |
42 |
- | - | 0 | 20,205 | 19,903 | 19,604 | 19,300 | 24,039 | - | - | - | |
44 |
39,787 | 56,662 | 55,105 | 34,717 | 9,405 | 24,059 | 1,170 | 35,678 | 1,474 | 1,235 | 14,926 | |
440/4 |
39,787 | 56,662 | 55,105 | 34,717 | 9,405 | 24,059 | 1,170 | 35,678 | 1,474 | 1,235 | 14,926 | |
45 |
551 | 0 | 6,183 | - | 14,953 | 441 | - | - | 757 | 6,429 | 7,396 | |
450/3 |
551 | 0 | 6,183 | - | 14,953 | 441 | - | - | 757 | 6,429 | 7,396 | |
47/48 |
11,233 | 15,767 | 14,954 | 18,190 | 44,693 | 45,180 | 66,479 | 47,679 | 18,229 | 20,291 | 1,996 | |
492/3 |
8,000 | 8,000 | 5,655 | - | 1,203 | 2,267 | 5,103 | 2,893 | 1,785 | 909 | - | |
| Income statement | ||||||||||||
9900 |
12,836 | 13,906 | 59,748 | 26,066 | 176,359 | 19,288 | 95,336 | 89,749 | 89,350 | 55,003 | 27,945 | |
630 |
17,459 | 18,720 | 19,881 | 16,416 | 15,316 | 16,596 | 16,368 | 22,302 | 5,851 | 3,030 | 2,578 | |
631/4 |
- | - | 0 | -3,139 | -14,339 | 1,570 | 15,909 | - | - | - | - | |
640/8 |
2,517 | 2,716 | 3,750 | 5,554 | 4,210 | 1,993 | 901 | 4,042 | 896 | 864 | 875 | |
9901 |
-7,140 | -7,529 | 36,116 | 7,236 | 171,172 | -871 | 62,158 | 63,405 | 82,603 | 51,110 | 24,492 | |
75/76B |
0 | 0 | 1 | 42 | 1,399 | 0 | - | 39 | - | 43 | 36 | |
75 |
0 | 0 | 1 | 42 | 1,399 | 0 | - | 39 | - | 43 | 36 | |
65/66B |
8,105 | 8,701 | 7,960 | 4,010 | 6,196 | 8,123 | 10,103 | 6,716 | 2,496 | 1,942 | 2,798 | |
65 |
8,105 | 8,701 | 7,960 | 4,010 | 6,196 | 8,123 | 10,103 | 6,716 | 2,496 | 1,942 | 2,798 | |
9903 |
-15,245 | -16,230 | 28,156 | 3,268 | 166,375 | -8,994 | 52,055 | 56,727 | 80,107 | 49,210 | 21,731 | |
67/77 |
551 | 489 | 11,183 | 2,718 | 59,497 | 441 | 15,191 | 14,509 | 23,257 | 18,431 | 7,404 | |
9904 |
-15,795 | -16,719 | 16,974 | 551 | 106,878 | -9,435 | 36,864 | 42,218 | 56,849 | 30,779 | 14,326 | |
689 |
- | - | - | - | - | - | - | 18,750 | 18,750 | - | - | |
9905 |
-15,795 | -16,719 | 16,974 | 551 | 106,878 | -9,435 | 36,864 | 23,468 | 38,099 | 30,779 | 14,326 | |
| Appropriation of the result | ||||||||||||
9906 |
-32,515 | -16,719 | 16,974 | 551 | 106,878 | -9,435 | 36,864 | 23,468 | 38,099 | 30,779 | 14,326 | |
14P |
-16,719 | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 30,779 | 9,435 | - | - | - | - | - | |
691/2 |
- | 0 | 16,974 | 551 | 106,878 | - | 36,864 | 23,468 | 38,099 | 30,779 | 14,326 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 0 | 16,974 | 551 | 106,878 | - | 36,864 | 23,468 | 38,099 | 30,779 | 12,466 | |
694/7 |
- | - | - | - | 30,779 | - | - | - | - | - | - | |
694 |
- | - | - | - | 30,779 | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 05-12-2025 | 2025-00576405 | |
| 30-06-2024 | micro format | 27-01-2025 | 2025-00010457 | |
| 30-06-2023 | micro format | 07-12-2023 | 2023-00523825 | |
| 30-06-2022 | micro format | 20-12-2022 | 2022-20540891 | |
| 30-06-2021 | micro format | 08-12-2021 | 2021-79600139 | |
| 30-06-2020 | micro format | 08-12-2020 | 2020-74700582 | |
| 30-06-2019 | micro format | 16-12-2019 | 2019-76000572 | |
| 30-06-2018 | micro format | 12-12-2018 | 2018-74000428 | |
| 30-06-2017 | micro format | 04-12-2017 | 2017-70700412 | |
| 30-06-2016 | abbreviated format | 21-12-2016 | 2016-70500218 | |
| 30-06-2015 | abbreviated format | 07-12-2015 | 2015-68100590 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,319 | 11,191 | 55,997 | 23,652 | 186,488 | 15,725 | 78,526 | 85,707 | 88,454 | 54,140 | 27,070 | ||
| 1,664 | 2,000 | 36,855 | 16,966 | 122,194 | 7,161 | 53,232 | 64,520 | 62,700 | 33,809 | 16,904 | ||
| 4,417 | 0 | 7,902 | 11,872 | 6,355 | 2,229 | 5,042 | 444,649 | 10,669 | 15,046 | 6,601 | ||
| -28,804 | 407 | 78,585 | -26,315 | 50,630 | 5,637 | -25,460 | -21,079 | 42,423 | 26,574 | - | ||
| 94,193 | 96,946 | 92,601 | 63,983 | 80,297 | 16,204 | 33,713 | 2,613 | 89,084 | 36,176 | 16,503 | ||
| 47.9% | 47.6% | 49.1% | 47.7% | 44.5% | 34.5% | 34.4% | 27.6% | 82.9% | 64.0% | 45.8% | ||
| 2.83 | 2.34 | 2.21 | 1.88 | 1.90 | 1.18 | 1.39 | 1.02 | 5.35 | 2.29 | 1.68 | ||
| 1.09 | 1.10 | 1.04 | 1.10 | 1.25 | 1.90 | 1.91 | 2.63 | 0.21 | 0.56 | 1.18 | ||
| -6.6% | -6.6% | 6.3% | 0.2% | 42.1% | -5.3% | 19.7% | 28.1% | 52.6% | 60.0% | 69.8% | ||
| -3.2% | -3.1% | 3.1% | 0.1% | 18.7% | -1.8% | 6.8% | 7.7% | 43.6% | 38.4% | 31.9% | ||
| 1.27 | 1.29 | 7.03 | 5.90 | - | - | - | - | - | - | - |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,417 | - | €7,902 | €11,872 |
| €17,459 | €18,720 | €19,881 | €16,416 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Linkwork
The operating result for 2025 is a loss of €7,140, smaller than the loss of €7,529 in 2024.
Debt's share of the balance-sheet total falls from 52.4% to 52.1%. Equity and debt are lower.