Make Property Work
Annual accounts 2025
micro format, filed on 01-03-2026, 29 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.
Turnover ≈ €110,000. Estimated: probably between €52,000 and €270,000.
Balance sheet
balance sheet total €31,076 on 30-06-2025in euro
in euro
Position in the sector
35.0%
Higher than 41% of 825 companies in 2025.
0.96
Higher than 26% of 759 companies in 2025.
1.6%
Higher than 40% of 781 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom 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 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
31,076 | 18,207 | 23,038 | 35,174 | 54,851 | |
20 |
- | - | - | 236 | 607 | |
21/28 |
11,572 | 14,808 | 21,898 | 33,113 | 44,328 | |
21 |
1,335 | 10,683 | 21,898 | 33,113 | 44,328 | |
22/27 |
10,236 | 4,125 | - | - | - | |
24 |
10,236 | 4,125 | - | - | - | |
29/58 |
19,504 | 3,399 | 1,140 | 1,826 | 9,916 | |
40/41 |
15,531 | 1,634 | 575 | 317 | 6,363 | |
40 |
15,531 | 1,634 | - | - | 6,363 | |
41 |
- | - | 575 | 317 | - | |
54/58 |
3,973 | 1,766 | 565 | 1,509 | 3,553 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
31,076 | 18,207 | 23,038 | 35,174 | 54,851 | |
10/15 |
10,863 | 10,364 | 13,887 | 25,652 | 39,781 | |
10/11 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
10 |
75,000 | 75,000 | 75,000 | 75,000 | - | |
100 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
14 |
-64,137 | -64,636 | -61,113 | -49,348 | -35,219 | |
17/49 |
20,213 | 7,843 | 9,151 | 9,522 | 15,070 | |
42/48 |
20,213 | 7,843 | 9,151 | 9,522 | 15,070 | |
44 |
15,540 | 3,308 | 3,389 | 1,716 | 9,935 | |
440/4 |
15,540 | 3,308 | 3,389 | 1,716 | 9,935 | |
45 |
3,993 | 1,672 | - | - | - | |
450/3 |
3,993 | 1,672 | - | - | - | |
47/48 |
679 | 2,862 | 5,762 | 7,806 | 5,135 | |
| Income statement | ||||||
9900 |
14,954 | 9,311 | -1,689 | -2,174 | -22,517 | |
630 |
11,016 | 12,590 | 11,451 | 11,586 | 12,254 | |
640/8 |
761 | - | - | 348 | 348 | |
66A |
4,496 | - | - | - | - | |
9901 |
-1,320 | -3,279 | -13,140 | -14,108 | -35,119 | |
75/76B |
1,819 | 1 | 1,444 | - | - | |
75 |
- | 1 | 1,444 | - | - | |
76B |
1,819 | - | - | - | - | |
65/66B |
- | 245 | 69 | 21 | 100 | |
65 |
- | 245 | 69 | 21 | 100 | |
9903 |
499 | -3,523 | -11,765 | -14,129 | -35,219 | |
9904 |
499 | -3,523 | -11,765 | -14,129 | -35,219 | |
9905 |
499 | -3,523 | -11,765 | -14,129 | -35,219 | |
| Appropriation of the result | ||||||
9906 |
-64,137 | -64,636 | -61,113 | -49,348 | -35,219 | |
14P |
-64,636 | -61,113 | -49,348 | -35,219 | - | |
| 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 01-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 29 days after the deadline. Filed on 1 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00047178.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 01-03-2026 | 2026-00047178 | |
| 30-06-2024 | micro format | 28-04-2025 | 2025-00085040 | |
| 30-06-2023 | micro format | 08-05-2025 | 2025-00093348 | |
| 30-06-2022 | micro format | 15-02-2023 | 2023-00029357 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04400039 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 9,697 | 9,311 | -1,689 | -2,521 | -22,864 | ||
| 11,515 | 9,067 | -314 | -2,543 | -22,964 | ||
| 11,905 | 5,500 | 236 | 371 | 56,076 | ||
| 2,207 | 1,201 | -943 | -2,044 | - | ||
| -708 | -4,443 | -8,010 | -7,697 | -5,154 | ||
| 35.0% | 56.9% | 60.3% | 72.9% | 72.5% | ||
| 0.96 | 0.43 | 0.12 | 0.19 | 0.66 | ||
| 1.86 | 0.76 | 0.66 | 0.37 | 0.38 | ||
| 4.6% | -34.0% | -84.7% | -55.1% | -88.5% | ||
| 1.6% | -19.4% | -51.1% | -40.2% | -64.2% | ||
| - | 38.00 | -24.47 | -117.38 | - |
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 | €11,905 | €5,500 | - | - |
| Intangible fixed assets | - | - | €236 | - |
| €11,016 | €12,590 | €11,451 | €11,586 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Make Property Work
The operating result for 2025 is a loss of €1,320, smaller than the loss of €3,279 in 2024.
Debt's share of the balance-sheet total rises from 43.1% to 65.0%. Equity and debt are higher.