Microflor
Annual accounts 2025
full format, filed on 01-06-2026, 60 days before the deadlineMoney flows
of every €100 of turnover, €18.28 was lost in 2025Balance sheet
balance sheet total €59.6m on 31-12-2025in €m
in €m
Position in the sector
6.4%
Higher than 11% of 565 companies in 2025.
1.02
Higher than 30% of 550 companies in 2025.
-7.4%
Higher than 9% of 563 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter
Staff
Men and women74% women
32.8 men and 91 women in full-time equivalents in 2025.
€61,604
Men €97,987, women €48,491 per full-time equivalent. Jobs differ, so this is not a pay gap.
-5 people
In 2025, 12 people joined and 17 left. Training hours in 2025: 4,646. Agency workers: 25.3 on average.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
59.6m | 58.1m | 42.2m | 41.4m | 40.8m | 38.0m | 38.6m | |
21/28 |
48.0m | 48.3m | 33.4m | 32.9m | 31.2m | 29.7m | 30.7m | |
21 |
2.4m | 2.5m | 2.4m | 1.9m | 1.6m | 1.0m | 114,354 | |
22/27 |
3.3m | 4.2m | 4.4m | 4.9m | 4.6m | 3.6m | 4.5m | |
22 |
2.1m | 2.2m | 2.5m | 2.7m | 3.1m | 2.8m | 3.2m | |
23 |
1.3m | 1.9m | 1.9m | 2.1m | 1.5m | 758,581 | 1.2m | |
24 |
22,561 | 32,455 | 22,136 | 30,723 | 14,258 | 31,219 | 62,152 | |
28 |
42.2m | 41.6m | 26.6m | 26.1m | 25.0m | 25.0m | 26.1m | |
280/1 |
42.2m | 41.6m | 26.6m | 26.1m | 25.0m | 25.0m | 26.1m | |
280 |
42.2m | 41.6m | 26.6m | 26.1m | 25.0m | 25.0m | 26.1m | |
284/8 |
200 | 200 | 1,503 | 1,503 | 1,503 | 1,503 | 1,503 | |
285/8 |
200 | 200 | 1,503 | 1,503 | 1,503 | 1,503 | 1,503 | |
29/58 |
11.7m | 9.8m | 8.7m | 8.5m | 9.5m | 8.4m | 8.0m | |
3 |
4.9m | 5.3m | 5.3m | 5.0m | 4.6m | 4.9m | 5.5m | |
30/36 |
4.9m | 5.3m | 5.3m | 5.0m | 4.6m | 4.9m | 5.5m | |
30/31 |
406,338 | 502,468 | 505,317 | 564,591 | 539,077 | 469,220 | 435,634 | |
32 |
4.5m | 4.8m | 4.7m | 4.4m | 4.0m | 4.4m | 4.8m | |
33 |
13,157 | 823 | 29,087 | 1 | 13,145 | 2,511 | 256,254 | |
34 |
20,143 | 16,891 | 31,081 | 6,602 | 4,398 | 4,810 | 8,920 | |
40/41 |
6.1m | 4.4m | 3.5m | 3.5m | 5.0m | 3.5m | 2.4m | |
40 |
3.1m | 4.1m | 2.8m | 3.4m | 2.3m | 1.9m | 1.7m | |
41 |
3.0m | 338,169 | 673,107 | 137,420 | 2.7m | 1.6m | 747,156 | |
54/58 |
585,148 | 37,839 | 589 | 1,397 | 1,111 | 4,196 | 5,622 | |
490/1 |
79,734 | 7,142 | - | - | - | - | 10,361 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
59.6m | 58.1m | 42.2m | 41.4m | 40.8m | 38.0m | 38.6m | |
10/15 |
3.8m | 10.2m | 11.9m | 11.0m | 10.6m | 9.3m | 9.8m | |
10/11 |
15.1m | 8.4m | 8.6m | 8.6m | 8.6m | 8.6m | - | |
10 |
15.1m | 8.4m | 8.6m | 8.6m | 8.6m | - | 8.6m | |
100 |
15.1m | 8.4m | 8.6m | 8.6m | 8.6m | 8.6m | 8.6m | |
13 |
474,477 | 5.4m | 5.5m | 5.5m | 5.5m | 5.5m | 5.5m | |
130/1 |
336,132 | 336,132 | 343,338 | 343,338 | 343,338 | 343,338 | - | |
130 |
336,132 | 336,132 | 343,338 | 343,338 | 343,338 | 343,338 | 343,338 | |
132 |
138,345 | 138,345 | 142,537 | 148,323 | 140,584 | 140,584 | 140,584 | |
133 |
0 | 4.9m | 5.0m | 5.0m | 5.0m | 5.0m | 5.0m | |
14 |
-11.7m | -3.6m | -2.3m | -3.2m | -3.6m | -4.9m | -4.4m | |
15 |
6,075 | 30,847 | 57,212 | 83,576 | 109,941 | 136,306 | 162,671 | |
17/49 |
55.8m | 47.9m | 30.3m | 30.4m | 30.2m | 28.7m | 28.8m | |
17 |
44.2m | 25.6m | 25.7m | 25.9m | 26.2m | 26.6m | 25.5m | |
170/4 |
44.2m | 25.6m | 25.7m | 25.9m | 26.2m | 26.6m | 25.5m | |
170 |
31.8m | - | - | - | - | - | - | |
173 |
12.4m | 11.4m | 12.6m | 13.8m | 15.0m | 16.2m | 15.8m | |
174 |
0 | 14.2m | 13.1m | 12.1m | 11.2m | 10.4m | 9.6m | |
42/48 |
11.4m | 22.3m | 4.5m | 3.8m | 3.9m | 2.0m | 3.3m | |
42 |
1.9m | 8.6m | 1.2m | 1.2m | 1.2m | 121,875 | 1.1m | |
43 |
3.0m | - | - | - | - | - | - | |
430/8 |
3.0m | - | - | - | - | - | - | |
44 |
3.1m | 3.3m | 2.1m | 1.3m | 1.7m | 1.0m | 946,050 | |
440/4 |
3.1m | 3.3m | 2.1m | 1.3m | 1.7m | 1.0m | 946,050 | |
45 |
1.0m | 1.0m | 1.2m | 1.2m | 1.0m | 885,671 | 1.2m | |
450/3 |
3,949 | 49,280 | 153,880 | 129,487 | 127,642 | 82,632 | 116,134 | |
454/9 |
1.0m | 987,955 | 1.0m | 1.1m | 908,030 | 803,040 | 1.1m | |
47/48 |
2.4m | 9.3m | - | - | - | - | - | |
492/3 |
110,749 | 67,981 | 64,695 | 671,196 | 21,013 | 109,941 | 100,966 | |
| Income statement | ||||||||
70/76A |
27.0m | 28.9m | 27.0m | 27.2m | 24.2m | 24.2m | 23.0m | |
70 |
24.1m | 25.1m | 23.8m | 24.6m | 22.0m | 22.2m | 22.7m | |
71 |
-347,547 | 924,224 | 304,653 | 396,034 | -410,161 | -636,674 | -587,793 | |
72 |
2.7m | 2.3m | 2.3m | 1.6m | 2.1m | 2.2m | - | |
74 |
508,893 | 602,310 | 497,266 | 569,450 | 470,616 | - | 858,868 | |
76A |
- | 0 | 98,542 | - | - | - | 10,500 | |
60/66A |
29.1m | 28.2m | 24.5m | 25.3m | 21.4m | 23.0m | 23.6m | |
60 |
9.1m | 10.0m | 8.3m | 8.3m | 6.9m | 9.8m | 10.2m | |
600/8 |
9.0m | 9.1m | 8.3m | 8.4m | 7.0m | 9.8m | - | |
609 |
92,879 | 847,092 | 34,795 | -27,718 | -67,949 | -29,476 | 250,488 | |
61 |
8.4m | 7.5m | 7.1m | 5.9m | 5.7m | 4.5m | 4.6m | |
62 |
7.6m | 7.2m | 7.0m | 6.9m | 6.2m | 6.0m | 6.7m | |
630 |
3.9m | 3.3m | 3.2m | 2.6m | 2.5m | 2.6m | 1.7m | |
631/4 |
- | 0 | -1.3m | 1.2m | - | 56,141 | - | |
640/8 |
70,308 | 163,148 | 67,900 | 105,379 | 53,704 | 58,252 | 45,157 | |
66A |
- | 0 | 90,234 | 248,306 | - | 6,794 | 330,173 | |
9901 |
-2.1m | 729,351 | 2.6m | 1.8m | 2.7m | 1.2m | -611,571 | |
75/76B |
326,488 | 282,063 | 257,042 | 41,727 | 26,410 | 28,892 | - | |
75 |
326,488 | 282,063 | 257,042 | 41,727 | 26,410 | 28,892 | 31,985 | |
751 |
202,992 | 1,311 | 35,653 | 8,918 | - | 27 | 1,204 | |
752/9 |
123,496 | 280,752 | 221,389 | 32,809 | 26,410 | 28,865 | 30,781 | |
65/66B |
2.6m | 2.3m | 2.0m | 1.4m | 1.5m | 1.7m | 611,617 | |
65 |
2.6m | 2.3m | 2.0m | 1.4m | 1.5m | 1.7m | 611,617 | |
650 |
2.2m | 2.0m | 1.6m | 1.2m | 1.2m | 1.1m | 381,736 | |
652/9 |
418,060 | 347,094 | 320,620 | 247,824 | 252,508 | 613,935 | 229,881 | |
9903 |
-4.4m | -1.3m | 871,610 | 450,720 | 1.3m | -485,103 | -1.2m | |
67/77 |
-12,000 | 393 | - | - | -2,083 | 2,049 | 2,450 | |
670/3 |
0 | 393 | - | - | - | 2,083 | 2,450 | |
77 |
12,000 | - | - | - | 2,083 | 34 | - | |
9904 |
-4.4m | -1.3m | 871,610 | 450,720 | 1.3m | -487,152 | -1.2m | |
789 |
- | 0 | 6,961 | - | - | - | - | |
689 |
- | 0 | 1,175 | 7,739 | - | - | - | |
9905 |
-4.4m | -1.3m | 877,396 | 442,981 | 1.3m | -487,152 | -1.2m | |
| Appropriation of the result | ||||||||
9906 |
-11.7m | -3.6m | -2.3m | -3.2m | -3.6m | -4.9m | -4.4m | |
14P |
-7.3m | -2.2m | -3.2m | -3.6m | -4.9m | - | -3.3m | |
| Social balance sheet | ||||||||
9087 |
123.8 | 122.4 | 139.5 | 147.1 | 144.8 | 150.9 | 166.1 | |
Men (FTE)1003 |
32.8 | 29.1 | 27.5 | 26 | 25.3 | 26.5 | - | |
Women (FTE)1003 |
91 | 93.3 | 112 | 121.1 | 119.5 | 124.4 | - | |
Agency workers1501 |
25.3 | 18.8 | 15.4 | 28.1 | 29.9 | 19.5 | - | |
Hours worked1013 |
186,124 | 187,032 | 192,058 | 212,019 | 206,261 | 207,691 | - | |
| Document | ||||||||
The notes to these accounts have 78 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 01-06-2026.
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 | full format | 01-06-2026 | 2026-00135576 | |
| 31-12-2024 | full format | 05-06-2025 | 2025-00138025 | |
| 31-12-2023 | full format | 27-05-2024 | 2024-00098575 | |
| 31-12-2022 | full format | 01-06-2023 | 2023-00105026 | |
| 31-12-2021 | full format | 30-05-2022 | 2022-20040167 | |
| 31-12-2020 | full format | 25-05-2021 | 2021-15200216 | |
| 31-12-2019 | full format | 15-06-2020 | 2020-17100106 |
Subsidies and aid
Flemish government 2022 to 2025, 10 entries, €82,898 awarded, €82,898 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €16,977 | €16,977 |
| 2024 | 3 | €19,677 | €19,677 |
| 2023 | 2 | €23,017 | €23,017 |
| 2022 | 2 | €23,227 | €23,227 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 1.8m | 4.1m | 5.7m | 4.4m | 5.3m | 3.8m | 1.0m | ||
| -505,801 | 2.0m | 4.0m | 3.0m | 3.9m | 2.1m | 465,836 | ||
| 2.0m | 17.4m | 2.7m | 3.7m | 3.1m | 1.4m | 53.1m | ||
| 547,309 | 37,250 | -808 | 287 | -3,086 | -1,426 | - | ||
| 209,189 | -12.4m | 4.2m | 4.7m | 5.6m | 6.4m | 4.7m | ||
| -8.7% | 2.9% | 10.8% | 7.5% | 12.5% | 5.5% | -2.7% | ||
| 6.4% | 17.6% | 28.2% | 26.6% | 26.0% | 24.5% | 25.4% | ||
| 1.02 | 0.44 | 1.94 | 2.26 | 2.44 | 4.16 | 2.44 | ||
| 0.59 | 0.20 | 0.77 | 0.93 | 1.27 | 1.72 | 0.75 | ||
| 14.50 | 4.68 | 2.55 | 2.75 | 2.85 | 3.09 | 2.94 | ||
| -114.6% | -13.0% | 7.3% | 4.1% | 12.5% | -5.2% | -12.2% | ||
| -7.4% | -2.3% | 2.1% | 1.1% | 3.3% | -1.3% | -3.1% | ||
| 0.81 | 2.04 | 3.50 | 3.72 | 4.41 | 3.43 | 2.75 | ||
| 46 days | 60 days | 43 days | 50 days | 38 days | 31 days | 27 days | ||
| 65 days | 69 days | 50 days | 34 days | 48 days | 26 days | 23 days |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 143 | 148 | 152 | 168 | 173 |
| full-time | 62 | 63 | 68 | 81 | 80 |
| part-time | 81 | 85 | 84 | 87 | 93 |
| in full-time equivalents | 120.1 | 123.8 | 132.8 | 147.2 | 149 |
| 123.8 | 122.4 | 139.5 | 147.1 | 144.8 | |
| On a permanent contract | 136 | 136 | 151 | 158 | 161 |
| Joined | 12 | 14 | 7 | 19 | 78 |
| Left | 17 | 15 | 23 | 24 | 72 |
| Agency workers, average number | 25.3 | 18.8 | 15.4 | 28.1 | 29.9 |
| Training hours | 4,646 | 6,209 | 8,688 | 10,608 | 4,117 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €17.2m | €12.6m | €13.8m | €15.0m | €16.2m |
| Mortgages, amount registered | €380,000 | €380,000 | €380,000 | €380,000 | €380,000 |
| €3.4m | - | - | - | - | |
| Carrying value of the mortgaged assets | €2.1m | €2.2m | €2.5m | €2.7m | €3.1m |
| €23.0m | €23.0m | €23.0m | €23.0m | €23.0m | |
| Carrying value of the other pledged assets | €45.6m | €25.0m | €27.1m | €25.0m | €27.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €49,379 | €882,715 | €444,928 | €1.3m | €1.9m |
| Intangible fixed assets | €1.3m | €1.5m | €1.8m | €1.3m | €1.2m |
| Financial fixed assets | €634,531 | €15.0m | €487,355 | €1.1m | - |
| €3.9m | €3.3m | €3.2m | €2.6m | €2.5m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
fees| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €20,000 | €19,538 | €18,220 | €15,902 | €14,281 |
| Other work by the auditor | €2,746 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Insights on Microflor
The operating result for 2025 is a loss of €2.1m, after a profit of €729,351 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 82.4% to 93.6%. Equity is lower and debt is higher.
- 2025 Net result -230% on 2024. Partial demerger to ID'Flor, Official Gazette 03-09-2024, in the previous financial year. That operation now counts for a full year for the first time.