Make It So
Annual accounts 2025
micro format, filed on 02-02-2026, 2 days lateTurnover 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
balance sheet total €73,064 on 30-06-2025in euro
in euro
Position in the sector
2.7%
Higher than 10% of 9,771 companies in 2025.
21.3%
Higher than 68% of 9,625 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
73,064 | 56,304 | 25,300 | 36,453 | 51,082 | 30,815 | 34,723 | 29,867 | 10,064 | 17,104 | |
21/28 |
15,994 | 23,918 | 13,658 | 20,332 | 8,700 | 7,798 | 1,782 | 1,376 | 333 | 5,778 | |
22/27 |
15,994 | 23,918 | 13,658 | 20,332 | 8,700 | 7,798 | 1,782 | 1,376 | 333 | 778 | |
23 |
3,640 | - | - | - | - | - | - | - | 333 | 778 | |
24 |
12,354 | 23,918 | 13,658 | 20,332 | 8,700 | 7,798 | 1,782 | 1,376 | - | - | |
28 |
- | - | - | - | - | - | - | - | - | 5,000 | |
29/58 |
57,070 | 32,385 | 11,641 | 16,120 | 42,381 | 23,017 | 32,941 | 28,491 | 9,730 | 11,326 | |
40/41 |
37,524 | 22,202 | 10,856 | 16,120 | 42,031 | 19,601 | 31,260 | 28,491 | 9,730 | 11,326 | |
40 |
35,129 | 19,690 | 10,856 | 13,600 | 19,699 | 15,730 | 15,412 | 24,530 | 8,712 | 6,050 | |
41 |
2,395 | 2,512 | - | 2,520 | 22,332 | 3,871 | 15,848 | 3,961 | 1,018 | 5,276 | |
54/58 |
19,546 | 9,215 | - | - | - | 3,066 | - | - | - | - | |
490/1 |
- | 968 | 785 | - | 350 | 350 | 1,681 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
73,064 | 56,304 | 25,300 | 36,453 | 51,082 | 30,815 | 34,723 | 29,867 | 10,064 | 17,104 | |
10/15 |
2,000 | 16,074 | 4,983 | 4,963 | 11,509 | 11,509 | 5,312 | 5,624 | -9,653 | 5,667 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
100 |
- | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
- | 14,074 | 2,983 | 2,963 | 9,509 | 9,509 | 3,667 | 3,667 | 3,667 | 3,667 | |
130/1 |
- | - | - | 917 | 917 | - | - | - | - | - | |
130 |
- | - | - | - | - | 917 | 917 | 917 | 917 | 917 | |
1311 |
- | - | - | 917 | 917 | - | - | - | - | - | |
133 |
- | 14,074 | 2,983 | 2,046 | 8,592 | 8,592 | 2,750 | 2,750 | 2,750 | 2,750 | |
14 |
- | - | - | - | - | - | -355 | -42 | -15,320 | - | |
17/49 |
71,064 | 40,230 | 20,317 | 31,489 | 39,573 | 19,306 | 29,411 | 24,243 | 19,717 | 11,437 | |
17 |
- | - | 456 | 5,864 | - | 2,862 | - | - | - | - | |
170/4 |
- | - | 456 | 5,864 | - | 2,862 | - | - | - | - | |
42/48 |
69,764 | 39,030 | 18,860 | 24,426 | 38,373 | 15,244 | 28,211 | 22,993 | 18,717 | 10,437 | |
42 |
- | 456 | 5,529 | 6,873 | 3,046 | 1,400 | - | - | - | - | |
43 |
- | - | 397 | 688 | 1,999 | 5,035 | 10,637 | 6,990 | 9,628 | 1,931 | |
430/8 |
- | - | - | 688 | 1,999 | 5,035 | 10,637 | 6,990 | 9,628 | 1,931 | |
439 |
- | - | 397 | - | - | - | - | - | - | - | |
44 |
26,089 | 2,199 | 4,505 | 10,916 | 1,212 | 3,084 | 6,851 | 481 | 2,055 | 2,154 | |
440/4 |
26,089 | 2,199 | 4,505 | 10,916 | 1,212 | 3,084 | 6,851 | 481 | 2,055 | 2,154 | |
45 |
18,500 | 19,375 | 6,982 | 5,949 | 17,521 | 5,069 | 10,724 | 13,046 | 7,033 | 6,352 | |
450/3 |
18,500 | 19,375 | 6,982 | 5,949 | 17,521 | 5,069 | 10,724 | 13,046 | 7,033 | 6,352 | |
47/48 |
25,175 | 17,000 | 1,447 | - | 14,595 | 656 | - | 2,477 | - | - | |
492/3 |
1,300 | 1,200 | 1,000 | 1,200 | 1,200 | 1,200 | 1,200 | 1,250 | 1,000 | 1,000 | |
| Income statement | |||||||||||
9900 |
28,724 | 50,755 | 9,746 | 3,375 | 29,020 | 15,665 | 5,873 | 23,882 | -12,800 | 12,591 | |
630 |
4,835 | 7,184 | 7,209 | 7,069 | 1,457 | 2,223 | 1,235 | 1,022 | 445 | 2,486 | |
640/8 |
1,030 | 1,879 | 964 | 1,117 | 1,715 | 3,648 | 1,297 | 2,329 | 919 | 1,426 | |
9901 |
22,859 | 41,692 | 1,574 | -4,812 | 25,848 | 9,793 | 3,342 | 20,532 | -14,163 | 8,679 | |
75/76B |
117 | 752 | 1,037 | - | 1,204 | 1,048 | 710 | 210 | 279 | 309 | |
75 |
117 | 752 | 1,037 | - | 1,204 | 1,048 | 710 | 210 | 279 | 309 | |
65/66B |
2,914 | 963 | 1,217 | 1,403 | 2,412 | 1,047 | 1,355 | 1,614 | 1,294 | 1,822 | |
65 |
2,914 | 963 | 1,217 | 1,403 | 2,412 | 1,047 | 1,355 | 1,614 | 1,294 | 1,822 | |
9903 |
20,062 | 41,481 | 1,394 | -6,215 | 24,640 | 9,794 | 2,696 | 19,128 | -15,178 | 7,167 | |
67/77 |
4,518 | 10,390 | 1,374 | 331 | 7,037 | 3,597 | 3,009 | 3,850 | 142 | 3,500 | |
9904 |
15,544 | 31,091 | 20 | -6,546 | 17,603 | 6,197 | -313 | 15,278 | -15,320 | 3,667 | |
9905 |
15,544 | 31,091 | 20 | -6,546 | 17,603 | 6,197 | -313 | 15,278 | -15,320 | 3,667 | |
| Appropriation of the result | |||||||||||
9906 |
15,544 | 31,091 | 20 | -6,546 | 17,603 | 5,842 | -355 | -42 | -15,320 | 3,667 | |
791/2 |
29,618 | - | - | 6,546 | - | - | - | - | - | - | |
691/2 |
15,544 | 11,091 | 20 | - | - | 5,842 | - | - | - | 3,667 | |
6920 |
- | - | - | - | - | - | - | - | - | 917 | |
6921 |
15,544 | 11,091 | 20 | - | - | 5,842 | - | - | - | 2,750 | |
694/7 |
29,618 | 20,000 | - | - | 17,603 | - | - | - | - | - | |
694 |
29,618 | 20,000 | - | - | 17,603 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 8 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 02-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00026574.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00026574 | |
| 30-06-2024 | micro format | 23-01-2025 | 2025-00008661 | |
| 30-06-2023 | micro format | 15-12-2023 | 2023-00537379 | |
| 30-06-2022 | micro format | 28-12-2022 | 2023-20554092 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03500045 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03000539 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03900511 | |
| 30-06-2018 | micro format | 22-12-2018 | 2018-75600049 | |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03400317 | |
| 30-06-2016 | abbreviated format | 17-12-2016 | 2016-70400533 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,112 | 17,444 | 535 | 18,701 | 2,359 | 8,240 | 1,640 | 2,064 | -5,000 | 6,334 | ||
| 10,331 | - | - | - | - | - | - | - | - | - | ||
| 2.7% | 28.5% | 19.7% | 13.6% | 22.5% | 37.3% | 15.3% | 18.8% | -95.9% | 33.1% | ||
| 777.2% | 193.4% | 0.4% | -131.9% | 152.9% | 53.8% | -5.9% | 271.6% | - | 64.7% | ||
| 21.3% | 55.2% | 0.1% | -18.0% | 34.5% | 20.1% | -0.9% | 51.2% | -152.2% | 21.4% |
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 | €4,112 | €17,444 | €535 | €18,701 |
| €4,835 | €7,184 | €7,209 | €7,069 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Make It So
The operating result for 2025 is 45% lower than in 2024.
Debt's share of the balance-sheet total rises from 71.5% to 97.3%. Equity is lower and debt is higher.