Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
Equity
€184,783▲ 266%
2024 · €50,548
Net result
€134,235▲ 195%
2024 · €45,548
Total assets
€372,843▲ 175%
2024 · €135,551
Solvency
49.6%▲ 12.3pp
2024 · 37.3%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€90,341
▲ 32.0%
2025
20242025
Net result
€134,235
▲ 195%
2025
highest quarter of the sector
20242025
Equity
€184,783
▲ 266%
2025
middle half of the sector
20242025
Total assets
€372,843
▲ 175%
2025
middle half of the sector
20242025
Debt
€188,060
▲ 121%
2025
20242025
Working capital
€64,783
2025
middle half of the sector
20242025
Solvency
49.6%
▲ 12.3pp
2025
middle half of the sector
20242025
Current ratio
1.34
▲ 1.16
2025
middle half of the sector
20242025
Return on assets (ROA)
36.0%
▲ 2.4pp
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€68,449-€90,341▲ 32.0%
Net result€45,548within the sector's middle half-€134,235above the sector's middle half▲ 195%
Equity€50,548within the sector's middle half-€184,783within the sector's middle half▲ 266%
Total assets€135,551within the sector's middle half-€372,843within the sector's middle half▲ 175%
Debt€85,003-€188,060▲ 121%
Working capital-€69,452below the sector's middle half-€64,783within the sector's middle half
Solvency37.3%within the sector's middle half-49.6%within the sector's middle half▲ 12.3pp
Current ratio0.18below the sector's middle half-1.34within the sector's middle half▲ 1.16
Return on assets (ROA)33.6%above the sector's middle half-36.0%above the sector's middle half▲ 2.4pp
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 32% higher 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 €372,843
Fixed assets
€120,000 =
Current assets
€252,843 ▲ 16×
Equity and liabilities €372,843
Equity
€184,783 ▲ 266%
Debt
€188,060 ▲ 121%
Debt's share of the balance-sheet total falls from 62.7% to 50.4%. Equity and debt are higher.
Key figures and ratios
ROE
72.6%▼
2024 · 90.1%
Debt ≤ 1 year
€188,060▲
2024 · €85,003
Income taxes
€36,298▲
2024 · €21,524
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | €120,000 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €306 | - |
| Gross operating margin9900 | €68,449 | €90,647 | ▲ 32.4% |
| Operating profit (loss)9901 | €68,449 | €90,341 | ▲ 32.0% |
| Financial income75/76B | €0 | €82,569 | ▲ 8,256,923× |
| Recurring financial income75 | €0 | €82,569 | ▲ 8,256,923× |
| Financial charges65/66B | €1,378 | €2,377 | ▲ 72.5% |
| Recurring financial charges65 | €1,378 | €2,377 | ▲ 72.5% |
| Profit (loss) for the period before taxes9903 | €67,071 | €170,533 | ▲ 154% |
| Income taxes67/77 | €21,524 | €36,298 | ▲ 68.6% |
| Profit (loss) for the period9904 | €45,548 | €134,235 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €45,548 | €134,235 | ▲ 195% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €135,551 | €372,843 | ▲ 175% |
| Fixed assets21/28 | €120,000 | €120,000 | = |
| Financial fixed assets28 | €120,000 | €120,000 | = |
| Current assets29/58 | €15,551 | €252,843 | ▲ 16× |
| Amounts receivable within one year40/41 | - | €105,734 | - |
| Other amounts receivable41 | - | €105,734 | - |
| Cash at bank and in hand54/58 | €15,511 | €144,471 | ▲ 831% |
| Deferred charges and accrued income490/1 | €40 | €2,637 | ▲ 66× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €135,551 | €372,843 | ▲ 175% |
| Equity10/15 | €50,548 | €184,783 | ▲ 266% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €45,548 | €179,783 | ▲ 295% |
| Distributable reserves133 | €45,548 | €179,783 | ▲ 295% |
| Amounts payable17/49 | €85,003 | €188,060 | ▲ 121% |
| Amounts payable within one year42/48 | €85,003 | €188,060 | ▲ 121% |
| Trade debts44 | €1,742 | €2,988 | ▲ 71.5% |
| Suppliers440/4 | €1,742 | €2,988 | ▲ 71.5% |
| Taxes, remuneration and social security45 | €22,274 | €60,072 | ▲ 170% |
| Taxes450/3 | €22,274 | €60,072 | ▲ 170% |
| Other amounts payable47/48 | €60,987 | €125,000 | ▲ 105% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €45,548 | €134,235 | ▲ 195% |
| Operating cash flow (approximation) | €45,548 | €134,235 | ▲ 195% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €128,960 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.