Financials · financial year 2025, full format
Annual accounts 2025 filed on 18-05-2026 PDF all 9 filings
Equity
€3.2m=
2024 · €3.2m
Net result
€1,146▼ 99.6%
2024 · €297,433
Total assets
€3.2m=
2024 · €3.2m
Solvency
100.0%=
2024 · 100.0%
In the rankings
#8 company by equity in Walcourt
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€1,642
2025
20182025
Net result
€1,146
▼ 99.6%
2025
middle half of the sector
20182025
Equity
€3.2m
=
2025
middle half of the sector
20182025
Total assets
€3.2m
=
2025
middle half of the sector
20182025
Debt
€417
2025
20182025
Working capital
€305,979
▲ 0.4%
2025
middle half of the sector
20182025
Solvency
100.0%
=
2025
highest quarter of the sector
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
0.0%
▼ 9.4pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€418--€0.002m▼ 404%-€0.003m▼ 37.3%-€0.001m▲ 67.4%-€0.001m▼ 45.9%-€0.001m▲ 21.7%-€0.002m▼ 129%€0.002m
Net result-€440-€0.006m€2.8mabove the sector's middle half▲ 446×€0.8mwithin the sector's middle half▼ 71.2%€0.4mwithin the sector's middle half▼ 51.4%€0.5mwithin the sector's middle half▲ 23.9%€0.3mwithin the sector's middle half▼ 39.8%€0.001mwithin the sector's middle half▼ 99.6%
Equity€2.8m-€2.9m▲ 0.2%€2.9mwithin the sector's middle half=€2.9mwithin the sector's middle half=€2.9mwithin the sector's middle half▼ 0.1%€2.9mwithin the sector's middle half▲ 0.1%€3.2mwithin the sector's middle half▲ 10.4%€3.2mwithin the sector's middle half=
Total assets€2.8m-€2.9m▲ 0.3%€2.9mwithin the sector's middle half▼ 0.1%€3.7mwithin the sector's middle half▲ 28.7%€3.3mwithin the sector's middle half▼ 11.4%€3.6mwithin the sector's middle half▲ 12.1%€3.2mwithin the sector's middle half▼ 13.5%€3.2mwithin the sector's middle half=
Debt€0.002m-€0.003m▲ 62.5%€0▼ 100%€0.8m€0.4m▼ 51.1%€0.8m▲ 97.4%€0▼ 100%€417
Working capital-€0.002m-€0.005m€0.006mwithin the sector's middle half▲ 16.3%€0.005mwithin the sector's middle half▼ 10.7%€0.004mwithin the sector's middle half▼ 29.1%€0.007mwithin the sector's middle half▲ 108%€0.3mwithin the sector's middle half▲ 41×€0.3mwithin the sector's middle half▲ 0.4%
Solvency99.9%-99.9%=100.0%above the sector's middle half▲ 0.1pp77.7%within the sector's middle half▼ 22.3pp87.7%above the sector's middle half▲ 10.0pp78.3%within the sector's middle half▼ 9.4pp100.0%above the sector's middle half▲ 21.7pp100.0%above the sector's middle half=
Current ratio0.04-2.86▲ 2.821.01within the sector's middle half1.01within the sector's middle half=1.01within the sector's middle half=
Return on assets (ROA)0.0%-0.2%▲ 0.2pp99.8%above the sector's middle half▲ 99.5pp22.3%above the sector's middle half▼ 77.5pp12.2%above the sector's middle half▼ 10.1pp13.5%above the sector's middle half▲ 1.3pp9.4%above the sector's middle half▼ 4.1pp0.0%within the sector's middle half▼ 9.4pp
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 a profit of €1,642, after a loss of €2,463 in 2024. It is the highest result since 2021.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€2.8m =
Current assets
€306,396 ▲ 0.5%
Equity and liabilities €3.2m
Equity
€3.2m
Debt
€417
Debt's share of the balance-sheet total is 0.0%.
Key figures and ratios
ROE
0.0%▼
2024 · 9.4%
Debt ≤ 1 year
€417▲
2024 · €0
Income taxes
€417
A ratio outside any meaningful range has been withheld (balance sheet total €3.2m, equity €3.2m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | €2 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€418 | -€0.002m | -€0.003m | -€0.001m | -€0.001m | -€0.001m | -€0.002m | €0.002m | - |
| Operating profit (loss)9901 | -€418 | -€0.002m | -€0.003m | -€0.001m | -€0.001m | -€0.001m | -€0.002m | €0.002m | - |
| Financial income75/76B | - | - | - | €0.8m | €0.4m | €0.5m | €0.3m | €295 | ▼ 99.9% |
| Recurring financial income75 | - | €0.008m | €2.9m | €0.8m | €0.4m | €0.5m | €0.3m | €295 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €74 | €90 | €90 | €104 | €374 | ▲ 258% |
| Recurring financial charges65 | €22 | €15 | €18 | €74 | €90 | €90 | €104 | €374 | ▲ 258% |
| Profit (loss) for the period before taxes9903 | -€440 | €0.006m | €2.8m | €0.8m | €0.4m | €0.5m | €0.3m | €0.002m | ▼ 99.5% |
| Income taxes67/77 | - | - | - | - | - | - | - | €417 | - |
| Profit (loss) for the period9904 | -€440 | €0.006m | €2.8m | €0.8m | €0.4m | €0.5m | €0.3m | €0.001m | ▼ 99.6% |
| Profit (loss) for the period to be appropriated9905 | -€440 | €0.006m | €2.8m | €0.8m | €0.4m | €0.5m | €0.3m | €0.001m | ▼ 99.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.8m | €2.9m | €2.9m | €3.7m | €3.3m | €3.6m | €3.2m | €3.2m | = |
| Formation expenses20 | €0 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Financial fixed assets28 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Current assets29/58 | €62 | €0.007m | €0.006m | €0.8m | €0.4m | €0.8m | €0.3m | €0.3m | ▲ 0.5% |
| Amounts receivable within one year40/41 | - | - | €0.002m | €0.8m | €0.4m | €0.8m | €0.3m | €0.3m | ▲ 2.1% |
| Trade receivables40 | - | - | - | - | - | - | - | €0.005m | - |
| Other amounts receivable41 | - | - | - | €0.8m | €0.4m | €0.8m | €0.3m | €0.3m | ▲ 0.5% |
| Cash at bank and in hand54/58 | €62 | €0.007m | €0.004m | €0.005m | €0.004m | €0.003m | €0.005m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.8m | €2.9m | €2.9m | €3.7m | €3.3m | €3.6m | €3.2m | €3.2m | = |
| Equity10/15 | €2.8m | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | €3.2m | €3.2m | = |
| Contributions10/11 | €2.9m | €0 | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Profit (loss) carried forward14 | -€0.008m | -€0.002m | €2.8m | €2.8m | €2.8m | €2.8m | €3.1m | €3.1m | = |
| Amounts payable17/49 | €0.002m | €0.003m | €0 | €0.8m | €0.4m | €0.8m | €0 | €417 | - |
| Amounts payable within one year42/48 | €0.002m | €0.003m | €0 | €0.8m | €0.4m | €0.8m | €0 | €417 | - |
| Trade debts44 | €0 | €0 | - | - | €0.001m | €0.001m | €0 | - | - |
| Suppliers440/4 | - | - | - | - | €0.001m | €0.001m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €417 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €417 | - |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.4m | €0.8m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€440 | €0.006m | €2.8m | €0.8m | €0.4m | €0.5m | €0.3m | €0.001m | ▼ 99.6% |
| Operating cash flow (approximation) | -€440 | €0.006m | €2.8m | €0.8m | €0.4m | €0.5m | €0.3m | €0.001m | ▼ 99.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.007m | -€0.004m | €0.001m | -€282 | -€0.001m | €0.001m | -€0.005m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 18-05-2026 | 2026-00114412 | |
| 31-12-2024 | full format | 29-08-2025 | 2025-00442265 | |
| 31-12-2023 | full format | 17-07-2024 | 2024-00259670 | |
| 31-12-2022 | full format | 27-07-2023 | 2023-00287611 | |
| 31-12-2021 | full format | 04-05-2022 | 2022-20021255 | |
| 31-12-2020 | full format | 04-08-2021 | 2021-46100417 | |
| 31-12-2019 | full format | 26-08-2020 | 2020-47200589 | |
| 31-12-2018 | full format | 10-07-2019 | 2019-31300023 | |
| 31-12-2017 | full format | 09-07-2018 | 2018-30800159 |