Make IT Smart
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of 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 ≈ €950,000. Estimated: probably between €530,000 and €1.5m.
Balance sheet
balance sheet total €478,258 on 31-12-2025in euro
in euro
Position in the sector
60.5%
Higher than 73% of 22,939 companies in 2025.
0.83
Higher than 24% of 22,068 companies in 2025.
17.3%
Higher than 81% of 22,218 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
478,258 | 534,307 | 484,209 | 482,431 | 512,234 | 520,529 | 537,753 | 559,478 | 438,850 | 441,222 | 411,009 | 427,360 | 465,663 | 553,153 | 175,792 | 71,770 | 54,219 | |
21/28 |
402,553 | 437,249 | 412,445 | 434,374 | 457,209 | 479,346 | 500,744 | 527,596 | 321,275 | 217,172 | 214,781 | 226,211 | 239,311 | 298,121 | 71,398 | 14,287 | 18,850 | |
22/27 |
402,553 | 437,249 | 412,445 | 434,374 | 457,209 | 479,346 | 500,744 | 527,596 | 321,275 | 217,172 | 214,781 | 226,211 | 239,311 | 298,121 | 71,398 | 14,287 | 18,850 | |
22 |
363,135 | 386,029 | 408,949 | 428,081 | 450,638 | 473,194 | 493,953 | 516,206 | 306,714 | 196,966 | 208,422 | 216,667 | 224,582 | 281,759 | 61,781 | - | - | |
24 |
39,418 | 51,220 | 3,496 | 6,293 | 6,572 | 6,152 | 6,791 | 11,390 | 14,561 | 20,207 | 6,359 | 9,545 | 14,729 | 16,362 | 9,617 | 14,287 | 18,850 | |
29/58 |
75,706 | 97,057 | 71,763 | 48,057 | 55,024 | 41,183 | 37,009 | 31,882 | 117,575 | 224,049 | 196,228 | 201,148 | 226,352 | 255,032 | 104,393 | 57,483 | 35,369 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 247 | 247 | 708 | 708 | 585 | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 247 | 247 | 708 | 708 | 585 | - | |
40/41 |
17,855 | 15,572 | 34,699 | 11,914 | 12,756 | 9,557 | 31,923 | 20,966 | 38,646 | 15,126 | 41,051 | 54,840 | 96,198 | 225,624 | 54,550 | 1,018 | 10,194 | |
40 |
17,855 | 14,566 | 33,487 | 11,708 | 11,870 | 9,557 | 24,033 | 9,547 | 26,620 | 14,872 | 21,127 | 10,096 | 68,731 | 194,096 | 51,808 | - | 8,301 | |
41 |
- | 1,006 | 1,212 | 206 | 885 | - | 7,890 | 11,419 | 12,025 | 254 | 19,924 | 44,743 | 27,467 | 31,528 | 2,743 | 1,018 | 1,893 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,331 | - | |
54/58 |
56,588 | 80,294 | 36,475 | 35,598 | 41,759 | 31,131 | 4,205 | 8,046 | 78,929 | 208,923 | 155,177 | 146,061 | 109,597 | 28,700 | 49,135 | 43,549 | 25,175 | |
490/1 |
1,263 | 1,191 | 589 | 546 | 510 | 494 | 881 | 2,870 | - | - | - | - | 20,310 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
478,258 | 534,307 | 484,209 | 482,431 | 512,234 | 520,529 | 537,753 | 559,478 | 438,850 | 441,222 | 411,009 | 427,360 | 465,663 | 553,153 | 175,792 | 71,770 | 54,219 | |
10/15 |
289,109 | 318,021 | 246,972 | 190,462 | 167,477 | 145,790 | 111,522 | 101,871 | 115,131 | 104,192 | 92,817 | 88,549 | 84,403 | 60,948 | 31,830 | 20,967 | 33,084 | |
10/11 |
- | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 50,000 | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 50,000 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
289,109 | 268,021 | 196,972 | 140,462 | 117,477 | 95,790 | 61,522 | 65,131 | 65,131 | 54,192 | 42,817 | 38,549 | 34,403 | 10,948 | 13,230 | 2,367 | 14,484 | |
130/1 |
- | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,463 | 4,916 | 3,778 | 3,565 | 3,358 | 1,860 | 1,860 | 1,639 | 845 | |
1311 |
- | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
289,109 | 268,021 | 196,972 | 140,462 | 117,477 | 90,790 | 56,522 | 60,131 | 59,668 | 49,276 | 39,039 | 34,984 | 31,045 | 9,088 | 11,370 | 728 | 13,638 | |
14 |
- | - | - | - | - | - | - | -13,261 | - | - | - | - | - | - | - | - | - | |
17/49 |
189,149 | 216,285 | 237,237 | 291,969 | 344,757 | 374,739 | 426,231 | 457,607 | 323,719 | 337,029 | 318,192 | 338,811 | 381,260 | 492,206 | 143,962 | 50,803 | 21,136 | |
17 |
96,250 | 127,571 | 158,031 | 187,657 | 216,475 | 244,512 | 271,791 | 302,338 | 206,817 | 217,233 | 207,718 | 213,541 | 220,620 | 403,642 | 100,000 | 3,333 | 7,574 | |
170/4 |
96,250 | 127,571 | 158,031 | 187,657 | 216,475 | 244,512 | 271,791 | 302,338 | 206,817 | 217,233 | 207,718 | 213,541 | 220,620 | 403,642 | 100,000 | 3,333 | 7,574 | |
42/48 |
91,308 | 87,155 | 77,705 | 102,464 | 128,281 | 130,227 | 154,440 | 152,345 | 108,213 | 115,320 | 104,568 | 119,062 | 156,597 | 88,564 | 43,962 | 47,470 | 13,562 | |
42 |
31,322 | 30,460 | 29,626 | 28,818 | 28,037 | 27,280 | 30,547 | 26,661 | 15,915 | 10,100 | 5,823 | 7,079 | 6,796 | 6,192 | 3,333 | 4,241 | 4,020 | |
43 |
- | - | - | - | - | - | - | - | 68,654 | 81,376 | 92,777 | 84,403 | 60,948 | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | 68,654 | 81,376 | 92,777 | 84,403 | 60,948 | - | - | - | - | |
44 |
1,042 | 30 | 1,005 | 1,938 | 5,189 | 1,719 | 5,772 | 2,000 | 7,595 | 4,019 | 2,106 | 7,288 | 42,617 | 72,205 | 10,127 | 1,166 | 516 | |
440/4 |
1,042 | 30 | 1,005 | 1,938 | 5,189 | 1,719 | 5,772 | 2,000 | 7,595 | 4,019 | 2,106 | 7,288 | 42,617 | 72,205 | 10,127 | 1,166 | 516 | |
45 |
33,762 | 29,478 | 14,630 | 9,605 | 13,320 | 17,820 | 7,885 | 8,177 | 10,197 | 15,597 | 1,912 | 4,369 | 15,991 | 10,167 | 30,502 | 13,700 | 6,607 | |
450/3 |
29,431 | 25,187 | 14,630 | 9,605 | 9,459 | 10,108 | 4,046 | 4,381 | 6,971 | 10,501 | 1,912 | 1,676 | 15,991 | 10,167 | 30,502 | 11,422 | 6,607 | |
454/9 |
4,331 | 4,290 | - | - | 3,861 | 7,712 | 3,839 | 3,796 | 3,226 | 5,096 | - | 2,693 | - | - | - | 2,278 | - | |
47/48 |
25,182 | 27,188 | 32,445 | 62,103 | 81,737 | 83,409 | 110,235 | 115,507 | 5,852 | 4,227 | 1,950 | 15,922 | 30,244 | - | - | 28,363 | 2,418 | |
492/3 |
1,592 | 1,559 | 1,500 | 1,848 | - | - | - | 2,923 | 8,689 | 4,477 | 5,906 | 6,208 | 4,044 | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | 21 | - | - | - | - | - | - | - | - | - | 1,503 | - | - | - | |
9900 |
160,858 | 137,266 | 115,483 | 71,425 | 69,727 | 86,006 | 54,160 | 32,737 | 51,691 | 56,957 | 40,176 | 39,314 | 65,909 | 26,514 | 32,451 | 24,475 | 31,958 | |
630 |
34,697 | 28,670 | 25,564 | 25,510 | 25,135 | 24,046 | 27,850 | 27,903 | 20,946 | 20,892 | 16,778 | 16,488 | 9,510 | 18,327 | 8,748 | 5,542 | 6,595 | |
640/8 |
4,189 | 2,514 | 2,416 | 2,177 | 3,288 | 2,634 | 2,278 | 2,177 | 2,206 | 2,318 | 2,635 | 2,297 | 222 | 473 | 297 | 288 | 1,159 | |
66A |
- | - | - | 1,714 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
121,972 | 106,082 | 87,503 | 42,023 | 41,304 | 59,326 | 24,033 | 2,657 | 28,539 | 33,747 | 20,763 | 20,529 | 56,177 | 7,714 | 23,405 | 18,645 | 24,204 | |
75/76B |
- | - | - | 0 | 3 | 1 | - | 0 | - | - | 127 | 103 | 72 | 339 | 809 | 5,070 | 321 | |
75 |
- | - | - | 0 | 3 | 1 | - | 0 | - | - | 127 | 103 | 72 | 339 | 809 | 5,070 | 321 | |
65/66B |
6,955 | 8,031 | 9,500 | 10,243 | 11,629 | 12,676 | 13,717 | 15,807 | 15,130 | 13,636 | 14,679 | 14,803 | 15,091 | 11,768 | 6,909 | 550 | 975 | |
65 |
6,955 | 8,031 | 9,500 | 10,243 | 11,629 | 12,676 | 13,717 | 15,807 | 15,130 | 13,636 | 14,679 | 14,803 | 15,091 | 11,768 | 6,909 | 550 | 975 | |
9903 |
115,017 | 98,051 | 78,003 | 31,780 | 29,677 | 46,651 | 10,316 | -13,150 | 13,409 | 20,111 | 6,211 | 5,830 | 41,158 | -2,213 | 17,305 | 23,164 | 23,550 | |
67/77 |
32,407 | 27,001 | 21,494 | 8,794 | 7,991 | 12,383 | 665 | 110 | 2,471 | 8,736 | 1,944 | 1,684 | 11,203 | 69 | 6,442 | 7,280 | 6,648 | |
9904 |
82,609 | 71,050 | 56,509 | 22,986 | 21,687 | 34,269 | 9,651 | -13,261 | 10,939 | 11,375 | 4,268 | 4,146 | 29,955 | -2,282 | 10,863 | 15,883 | 16,902 | |
9905 |
82,609 | 71,050 | 56,509 | 22,986 | 21,687 | 34,269 | 9,651 | -13,261 | 10,939 | 11,375 | 4,268 | 4,146 | 29,955 | -2,282 | 10,863 | 15,883 | 16,902 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
82,609 | 71,050 | 56,509 | 22,986 | 21,687 | 34,269 | -3,609 | -13,261 | 10,939 | 11,375 | 4,268 | 4,146 | 29,955 | -2,282 | 10,863 | 15,883 | 16,902 | |
791/2 |
61,522 | - | - | - | - | - | 9,088 | 463 | - | - | - | - | - | 2,282 | - | 12,911 | - | |
691/2 |
82,609 | 71,050 | 56,509 | 22,986 | 21,687 | 34,269 | 5,478 | 463 | 10,939 | 11,375 | 4,268 | 4,146 | 23,455 | - | 10,863 | 794 | 14,484 | |
6920 |
- | - | - | - | - | - | - | - | 547 | 1,138 | 213 | 207 | 1,498 | - | 221 | 794 | 845 | |
6921 |
82,609 | 71,050 | 56,509 | 22,986 | 21,687 | 34,269 | 5,478 | 463 | 10,392 | 10,238 | 4,054 | 3,939 | 21,957 | - | 10,642 | - | 13,638 | |
694/7 |
61,522 | - | - | - | - | - | - | - | - | - | - | - | 6,500 | - | - | 28,000 | 2,418 | |
694 |
61,522 | - | - | - | - | - | - | - | - | - | - | - | 6,500 | - | - | 28,000 | 2,418 | |
| Document | ||||||||||||||||||
The notes to these accounts have 4 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 31-07-2026.
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 | 31-07-2026 | 2026-00382550 | |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00149196 | |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00335355 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00195322 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20136671 | |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39000525 | |
| 31-12-2019 | micro format | 12-08-2020 | 2020-41300266 | |
| 31-12-2018 | micro format | 01-08-2019 | 2019-42500109 | |
| 31-12-2017 | abbreviated format | 07-06-2018 | 2018-16800559 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-24300394 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-20100008 | |
| 31-12-2014 | abbreviated format | 02-07-2015 | 2015-25700008 | |
| 31-12-2013 | abbreviated format | 22-09-2014 | 2014-59400204 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-55900502 | |
| 31-12-2011 | abbreviated format | 27-08-2012 | 2012-46000167 | |
| 31-12-2010 | abbreviated format | 23-08-2011 | 2011-43300338 | |
| 31-12-2009 | abbreviated format | 18-08-2010 | 2010-41800527 |
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 156,669 | 134,751 | 113,067 | 67,534 | 66,439 | 83,372 | 51,883 | 30,560 | 49,485 | 54,639 | 37,542 | 37,017 | 65,688 | 26,041 | 32,153 | 24,187 | 30,799 | ||
| 117,306 | 99,719 | 82,073 | 48,496 | 46,822 | 58,315 | 37,501 | 14,642 | 31,885 | 32,267 | 21,046 | 20,634 | 39,466 | 16,045 | 19,611 | 21,426 | 23,496 | ||
| 0 | 53,474 | 3,635 | 4,769 | 2,998 | 7,153 | 998 | 234,223 | 125,049 | 23,284 | 5,348 | 3,388 | 108,961 | 253,465 | 65,860 | 979 | 25,445 | ||
| -23,707 | 43,819 | 877 | -6,160 | 10,627 | 26,926 | -3,841 | -70,884 | -129,994 | 53,746 | 9,116 | 36,465 | 80,896 | -20,435 | 5,586 | 18,373 | - | ||
| -15,602 | 9,903 | -5,942 | -54,407 | -73,257 | -89,044 | -117,431 | -120,463 | 9,362 | 108,729 | 91,660 | 82,087 | 69,755 | 166,468 | 60,431 | 10,013 | 21,808 | ||
| 60.5% | 59.5% | 51.0% | 39.5% | 32.7% | 28.0% | 20.7% | 18.2% | 26.2% | 23.6% | 22.6% | 20.7% | 18.1% | 11.0% | 18.1% | 29.2% | 61.0% | ||
| 0.83 | 1.11 | 0.92 | 0.47 | 0.43 | 0.32 | 0.24 | 0.21 | 1.09 | 1.94 | 1.88 | 1.69 | 1.45 | 2.88 | 2.37 | 1.21 | 2.61 | ||
| 0.83 | 1.11 | 0.92 | 0.47 | 0.43 | 0.32 | 0.24 | 0.21 | 1.09 | 1.94 | 1.88 | 1.69 | 1.44 | 2.87 | 2.36 | 1.20 | 2.61 | ||
| 0.65 | 0.68 | 0.96 | 1.53 | 2.06 | 2.57 | 3.82 | 4.49 | 2.81 | 3.23 | 3.43 | 3.83 | 4.52 | 8.08 | 4.52 | 2.42 | 0.64 | ||
| 28.6% | 22.3% | 22.9% | 12.1% | 12.9% | 23.5% | 8.7% | -13.0% | 9.5% | 10.9% | 4.6% | 4.7% | 35.5% | -3.7% | 34.1% | 75.8% | 51.1% | ||
| 17.3% | 13.3% | 11.7% | 4.8% | 4.2% | 6.6% | 1.8% | -2.4% | 2.5% | 2.6% | 1.0% | 1.0% | 6.4% | -0.4% | 6.2% | 22.1% | 31.2% | ||
| 22.53 | 16.78 | 11.90 | 6.59 | 5.71 | - | - | - | - | - | - | - | - | - | - | - | - |
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 | - | €53,474 | €3,635 | €4,769 | €2,998 |
| €34,697 | €28,670 | €25,564 | €25,510 | €25,135 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Make IT Smart
The operating result for 2025 is 15% higher than in 2024 and the highest since 2009. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 40.5% to 39.5%. Equity and debt are lower.