Maarten Wouters
Annual accounts 2025
micro format, filed on 08-07-2026, 23 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 ≈ €120,000. Estimated: probably between €94,000 and €160,000.
Balance sheet
balance sheet total €261,467 on 31-12-2025in euro
in euro
Position in the sector
12.9%
Higher than 22% of 9,701 companies in 2025.
1.34
Higher than 38% of 9,319 companies in 2025.
7.7%
Higher than 43% of 9,443 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
261,467 | 268,981 | 300,064 | 313,324 | 350,945 | 359,292 | 358,583 | 374,863 | 356,682 | 362,612 | 55,903 | |
21/28 |
183,813 | 196,789 | 210,357 | 237,978 | 258,791 | 272,498 | 282,198 | 301,995 | 320,468 | 327,544 | 5,287 | |
22/27 |
183,813 | 196,789 | 210,357 | 237,978 | 258,791 | 272,498 | 282,198 | 301,995 | 320,468 | 327,544 | 5,287 | |
22 |
182,026 | 195,157 | 209,135 | 232,655 | 251,404 | 270,152 | 282,198 | 301,056 | 319,914 | 324,569 | - | |
23 |
407 | 815 | 1,222 | 1,630 | - | - | - | 104 | 209 | 436 | 664 | |
24 |
1,379 | 817 | - | 3,694 | 7,388 | 2,345 | - | 834 | 346 | 2,539 | 4,624 | |
29/58 |
77,654 | 72,192 | 89,707 | 75,346 | 92,154 | 86,794 | 76,385 | 72,868 | 36,214 | 35,068 | 50,615 | |
3 |
- | - | - | - | - | - | - | - | 6,000 | - | - | |
30/36 |
- | - | - | - | - | - | - | - | 6,000 | - | - | |
40/41 |
38,399 | 41,160 | 81,230 | 63,201 | 90,853 | 74,249 | 72,322 | 66,456 | 29,315 | 19,788 | 32,719 | |
40 |
38,399 | 25,771 | 47,843 | 38,517 | 56,207 | 40,382 | 41,387 | 38,459 | 21,299 | 13,624 | 15,219 | |
41 |
- | 15,388 | 33,387 | 24,684 | 34,646 | 33,867 | 30,935 | 27,997 | 8,016 | 6,165 | 17,500 | |
54/58 |
36,818 | 29,165 | 7,207 | 10,901 | 1,301 | 12,545 | 4,063 | 5,309 | 892 | 4,402 | 16,903 | |
490/1 |
2,437 | 1,867 | 1,270 | 1,244 | - | - | - | 1,103 | 7 | 10,878 | 993 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
261,467 | 268,981 | 300,064 | 313,324 | 350,945 | 359,292 | 358,583 | 374,863 | 356,682 | 362,612 | 55,903 | |
10/15 |
33,689 | 45,792 | 59,635 | 60,241 | 48,062 | 34,095 | 11,307 | 26,080 | 16,107 | 20,835 | 28,322 | |
10/11 |
- | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
31,333 | 43,435 | 53,435 | 54,041 | 41,862 | 27,895 | 21,855 | 21,855 | 21,855 | 21,855 | 21,855 | |
130/1 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
1311 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | |
133 |
29,478 | 41,580 | 51,580 | 52,186 | 40,007 | 26,040 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
14 |
2,357 | 2,357 | - | - | - | - | -16,748 | -1,975 | -11,948 | -7,220 | 267 | |
17/49 |
227,778 | 223,189 | 240,429 | 253,083 | 302,883 | 325,197 | 347,277 | 348,782 | 340,575 | 341,777 | 27,581 | |
17 |
169,729 | 187,963 | 205,770 | 223,149 | 240,137 | 256,728 | 272,934 | 288,745 | 304,207 | 303,335 | - | |
170/4 |
169,729 | 187,963 | 205,770 | 223,149 | 240,137 | 256,728 | 272,934 | 288,745 | 304,207 | 303,335 | - | |
42/48 |
58,049 | 35,227 | 34,659 | 29,934 | 62,747 | 68,469 | 74,343 | 60,037 | 36,369 | 38,442 | 27,581 | |
42 |
18,234 | 16,878 | 16,711 | 16,629 | 16,592 | 16,206 | 15,811 | 15,462 | 18,454 | 13,365 | - | |
43 |
- | - | - | - | 2,555 | - | - | - | 8,614 | - | - | |
430/8 |
- | - | - | - | 2,555 | - | - | - | 8,614 | - | - | |
44 |
6,930 | 2,924 | 6,411 | 692 | 7,850 | 4,999 | 4,673 | 1,756 | 4,470 | 1,901 | 9,114 | |
440/4 |
6,930 | 2,924 | 6,411 | 692 | 7,850 | 4,999 | 4,673 | 1,756 | 4,470 | 1,901 | 9,114 | |
45 |
28,077 | 15,425 | 11,537 | 12,612 | 7,066 | 7,084 | 3,859 | 820 | 4,831 | 18,807 | 17,419 | |
450/3 |
24,404 | 15,425 | 11,537 | 12,612 | 7,066 | 7,084 | - | - | 3,864 | 18,240 | 15,928 | |
454/9 |
3,674 | - | - | - | - | - | 3,859 | 820 | 967 | 567 | 1,491 | |
47/48 |
4,808 | - | - | - | 28,684 | 40,181 | 50,000 | 42,000 | - | 4,370 | 1,047 | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | - | - | 1,826 | - | - | 92 | |
9900 |
56,778 | 37,902 | 46,211 | 47,130 | 49,254 | 53,470 | 18,448 | 35,971 | 46,196 | 22,419 | 41,899 | |
62 |
400 | 387 | 810 | 348 | - | 348 | 348 | 1,917 | 8,784 | 11,199 | 2,872 | |
630 |
19,930 | 19,490 | 22,732 | 22,850 | 22,443 | 14,314 | 19,797 | 20,064 | 21,751 | 20,961 | 3,797 | |
640/8 |
1,882 | 1,946 | 2,505 | 261 | 177 | 1,613 | 1,258 | 2,060 | 1,233 | 1,244 | 83 | |
9901 |
34,566 | 16,079 | 20,165 | 23,671 | 26,634 | 37,196 | -2,955 | 11,930 | 14,428 | -10,985 | 35,148 | |
75/76B |
5 | 10 | 0 | 0 | - | - | 0 | - | 2 | 9,377 | 0 | |
75 |
5 | 10 | 0 | 0 | - | - | 0 | - | 2 | 0 | 0 | |
76B |
- | - | - | - | - | - | - | - | - | 9,377 | - | |
65/66B |
5,324 | 4,551 | 5,083 | 5,537 | 5,995 | 7,097 | 9,880 | 8,916 | 8,611 | 5,878 | 118 | |
65 |
5,324 | 4,551 | 5,083 | 5,537 | 5,995 | 7,097 | 9,880 | 8,916 | 8,611 | 5,878 | 118 | |
9903 |
29,246 | 11,538 | 15,082 | 18,134 | 20,638 | 30,099 | -12,835 | 3,015 | 5,819 | -7,487 | 35,122 | |
67/77 |
9,163 | 9,181 | 5,688 | 5,955 | 6,671 | 7,311 | 1,939 | -6,959 | 10,547 | - | 13,000 | |
9904 |
20,083 | 2,357 | 9,394 | 12,179 | 13,967 | 22,788 | -14,774 | 9,974 | -4,728 | -7,487 | 22,122 | |
9905 |
20,083 | 2,357 | 9,394 | 12,179 | 13,967 | 22,788 | -14,774 | 9,974 | -4,728 | -7,487 | 22,122 | |
| Appropriation of the result | ||||||||||||
9906 |
22,440 | 2,357 | 9,394 | 12,179 | 13,967 | 6,040 | -16,748 | -1,975 | -11,948 | -7,220 | 22,122 | |
14P |
2,357 | - | - | - | - | - | - | - | - | - | - | |
791/2 |
32,186 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | |
691/2 |
20,083 | - | 9,394 | 12,179 | 13,967 | 6,040 | - | - | - | - | 21,855 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,855 | |
6921 |
20,083 | - | 9,394 | 12,179 | 13,967 | 6,040 | - | - | - | - | 20,000 | |
694/7 |
32,186 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | |
694 |
32,186 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
- | - | - | - | - | - | - | - | 0.3 | 0.4 | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 562 | 714 | 240 | |
| Document | ||||||||||||
The notes to these accounts have 5 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 08-07-2026.
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 | 08-07-2026 | 2026-00267747 | |
| 31-12-2024 | micro format | 07-08-2025 | 2025-00363790 | |
| 31-12-2023 | micro format | 03-09-2024 | 2024-00438059 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00344157 | |
| 31-12-2021 | micro format | 07-08-2022 | 2022-20274265 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-40400327 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21200253 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-48300146 | |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44100548 | |
| 31-12-2016 | micro format | 13-06-2017 | 2017-17100045 | |
| 31-12-2015 | abbreviated format | 09-06-2016 | 2016-16700272 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54,496 | 35,568 | 42,897 | 46,521 | 49,076 | 51,509 | 16,842 | 31,994 | 36,180 | 9,976 | 38,945 | ||
| 40,014 | 21,846 | 32,126 | 35,029 | 36,410 | 37,102 | 5,023 | 30,037 | 17,023 | 13,474 | 25,919 | ||
| 6,954 | 1,032 | 693 | 2,037 | 8,736 | 4,614 | 0 | 1,117 | 13,626 | 343,218 | 8,134 | ||
| 7,653 | 21,958 | -3,695 | 9,601 | -11,244 | 8,482 | -1,246 | 4,417 | -3,510 | -12,502 | - | ||
| 19,606 | 36,965 | 55,049 | 45,412 | 29,407 | 18,325 | 2,043 | 12,831 | -155 | -3,374 | 23,035 | ||
| 12.9% | 17.0% | 19.9% | 19.2% | 13.7% | 9.5% | 3.2% | 7.0% | 4.5% | 5.7% | 50.7% | ||
| 1.34 | 2.05 | 2.59 | 2.52 | 1.47 | 1.27 | 1.03 | 1.21 | 1.00 | 0.91 | 1.84 | ||
| 1.34 | 2.05 | 2.59 | 2.52 | 1.47 | 1.27 | 1.03 | 1.21 | 0.83 | 0.91 | 1.84 | ||
| 6.76 | 4.87 | 4.03 | 4.20 | 6.30 | 9.54 | 30.71 | 13.37 | 21.14 | 16.40 | 0.97 | ||
| 59.6% | 5.1% | 15.8% | 20.2% | 29.1% | 66.8% | -130.7% | 38.2% | -29.4% | -35.9% | 78.1% | ||
| 7.7% | 0.9% | 3.1% | 3.9% | 4.0% | 6.3% | -4.1% | 2.7% | -1.3% | -2.1% | 39.6% | ||
| 10.24 | 7.82 | 8.44 | 8.40 | 8.19 | - | - | - | - | - | - |
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 | €6,954 | €1,032 | €693 | €2,037 | €8,736 |
| €19,930 | €19,490 | €22,732 | €22,850 | €22,443 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Maarten Wouters
The operating result for 2025 is 115% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 83.0% to 87.1%. Equity is lower and debt is higher.