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Private limited companyfounded 2017active for 9 yearsKasteeldreef 16, 2980 Zoersel, BelgiumKBO/BCE: BE 0678.683.759

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 12-05-2026 PDF all 8 filings

Equity
-€53,944▼ 117%
2024 · -€24,879
Net result
-€29,065▼ 169%
2024 · -€10,820
Total assets
€98,154▼ 21.6%
2024 · €125,264
Solvency
-55.0%▼ 35.1pp
2024 · -19.9%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €24,808, larger than the loss of €6,756 in 2024.

Operating result-€24,808 2025 Net result-€29,065 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€8,467-€3,272€28,521▲ 772%€4,002▼ 86.0%€16,768▲ 319%-€45,560-€6,756▲ 85.2%-€24,808▼ 267%
Net result-€9,110-€428€22,459within the sector's middle half▲ 53×€98below the sector's middle half▼ 99.6%€1,520below the sector's middle half▲ 16×-€48,053below the sector's middle half-€10,820below the sector's middle half▲ 77.5%-€29,065below the sector's middle half▼ 169%
Equity€9,490-€9,918▲ 4.5%€32,376below the sector's middle half▲ 226%€32,474below the sector's middle half▲ 0.3%€33,994below the sector's middle half▲ 4.7%-€14,059below the sector's middle half-€24,879below the sector's middle half▼ 77.0%-€53,944below the sector's middle half▼ 117%
Total assets€14,854-€30,716▲ 107%€61,785below the sector's middle half▲ 101%€144,947within the sector's middle half▲ 135%€161,870within the sector's middle half▲ 11.7%€128,180within the sector's middle half▼ 20.8%€125,264below the sector's middle half▼ 2.3%€98,154below the sector's middle half▼ 21.6%
Debt€5,364-€20,799▲ 288%€29,409▲ 41.4%€112,473▲ 282%€127,876▲ 13.7%€142,239▲ 11.2%€150,143▲ 5.6%€152,098▲ 1.3%
Working capital€7,215-€7,750▲ 7.4%€25,316within the sector's middle half▲ 227%-€33,724below the sector's middle half-€30,473below the sector's middle half▲ 9.6%-€64,328below the sector's middle half▼ 111%-€70,374below the sector's middle half▼ 9.4%-€94,985below the sector's middle half▼ 35.0%
Solvency63.9%-32.3%▼ 31.6pp52.4%within the sector's middle half▲ 20.1pp22.4%below the sector's middle half▼ 30.0pp21.0%below the sector's middle half▼ 1.4pp-11.0%below the sector's middle half▼ 32.0pp-19.9%below the sector's middle half▼ 8.9pp-55.0%below the sector's middle half▼ 35.1pp
Current ratio2.47-1.43▼ 1.041.92within the sector's middle half▲ 0.490.01below the sector's middle half▼ 1.910.48below the sector's middle half▲ 0.480.11below the sector's middle half▼ 0.380.20below the sector's middle half▲ 0.100.01below the sector's middle half▼ 0.19
Return on assets (ROA)-61.3%-1.4%▲ 62.7pp36.3%above the sector's middle half▲ 35.0pp0.1%below the sector's middle half▼ 36.3pp0.9%below the sector's middle half▲ 0.9pp-37.5%below the sector's middle half▼ 38.4pp-8.6%below the sector's middle half▲ 28.9pp-29.6%below the sector's middle half▼ 21.0pp
Staff (FTE)10.3below the sector's middle half▼ 70.0%0.3=1.3▲ 333%1▼ 23.1%
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.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98,154
Fixed assets €97,276 ▼ 9.4%
Current assets €878 ▼ 95.1%
Equity and liabilities
Equity-€53,944
Debt€152,098
Equity is negative. Debt (€152,098) exceeds the balance-sheet total (€98,154).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€95,862▲
2024 · €88,320
Debt > 1 year
€54,960▼
2024 · €60,377
Staff costs
€7,284
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-2023
Employees at the balance-sheet date221
full-time11-
part-time111
in full-time equivalents1.31.30.2
Average over the year, in full-time equivalents0.31.30.2
On a permanent contract221
Joined110
Left001

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€144,149€1,318---
Financial fixed assets-€24,000---
Depreciation and write-downs of the year€8,262€12,702€12,350€10,427€10,041

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 · 1 entry · €480 awarded · €480 paid
Schemes
1 entry · €480 · €480 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€125,264€98,154▼
Fixed assets21/28€107,318€97,276▼
Tangible fixed assets22/27€106,418€96,376▼
Land and buildings22€100,496€94,345▼
Furniture and vehicles24€5,922€2,031▼
Financial fixed assets28€900€900=
Current assets29/58€17,946€878▼
Amounts receivable within one year40/41€16,386€878▼
Trade receivables40€15,828€878▼
Other amounts receivable41€558-
Deferred charges and accrued income490/1€1,560-
Equity and liabilities
Total equity and liabilities10/49€125,264€98,154▼
Equity10/15-€24,879-€53,944▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€43,479-€72,544▼
Amounts payable17/49€150,143€152,098▲
Amounts payable after more than one year17€60,377€54,960▼
Financial debts170/4€60,377€54,960▼
Amounts payable within one year42/48€88,320€95,862▲
Current portion of amounts payable after more than one year42€5,340€5,416▲
Financial debts43€18,516€26,003▲
Credit institutions430/8€18,516€26,003▲
Trade debts44€31,314€7,170▼
Suppliers440/4€31,314€7,170▼
Taxes, remuneration and social security45-€9,295
Taxes450/3-€9,295
Other amounts payable47/48€33,150€47,977▲
Accrued charges and deferred income492/3€1,446€1,275▼
Income statement Code20242025
Remuneration, social security and pensions62-€7,284
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,427€10,041▼
Other operating charges640/8€2,947€5,697▲
Gross operating margin9900€6,618-€1,786▼
Operating profit (loss)9901-€6,756-€24,808▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€4,065€4,257▲
Recurring financial charges65€4,065€4,257▲
Profit (loss) for the period before taxes9903-€10,820-€29,065▼
Profit (loss) for the period9904-€10,820-€29,065▼
Profit (loss) for the period to be appropriated9905-€10,820-€29,065▼
Appropriation of the result
Profit (loss) to be appropriated9906-€43,479-€72,544▼
Profit (loss) brought forward from the previous period14P-€32,659-€43,479▼

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 12-05-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€19,395€21,924€5,013-€7,284-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,535€1,957€2,386€8,262€12,702€12,350€10,427€10,041▼ 3.7%
Other operating charges640/8---€4,328€31,541€4,212€2,947€5,697▲ 93.3%
Gross operating margin9900-€5,064€6,899€41,680€35,985€82,936-€23,986€6,618-€1,786-
Operating profit (loss)9901-€8,467€3,272€28,521€4,002€16,768-€45,560-€6,756-€24,808▼ 267%
Financial income75/76B----€2€16€1--
Recurring financial income75-€0€3-€2€16€1--
Financial charges65/66B---€1,831€2,720€2,509€4,065€4,257▲ 4.7%
Recurring financial charges65€563€1,042€659€1,831€2,720€2,509€4,065€4,257▲ 4.7%
Profit (loss) for the period before taxes9903-€9,030€2,230€27,865€2,170€14,050-€48,053-€10,820-€29,065▼ 169%
Income taxes67/77€80€1,802€5,407€2,073€12,530----
Profit (loss) for the period9904-€9,110€428€22,459€98€1,520-€48,053-€10,820-€29,065▼ 169%
Profit (loss) for the period to be appropriated9905-€9,110€428€22,459€98€1,520-€48,053-€10,820-€29,065▼ 169%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€14,854€30,716€61,785€144,947€161,870€128,180€125,264€98,154▼ 21.6%
Fixed assets21/28€2,727€4,787€8,823€144,711€133,327€120,597€107,318€97,276▼ 9.4%
Intangible fixed assets21€1,827€673-------
Tangible fixed assets22/27-€3,214€7,923€143,811€132,427€119,697€106,418€96,376▼ 9.4%
Land and buildings22---€118,947€112,796€106,646€100,496€94,345▼ 6.1%
Plant, machinery and equipment23---€2,678€1,964€1,249---
Furniture and vehicles24---€22,186€17,667€11,802€5,922€2,031▼ 65.7%
Financial fixed assets28€900€900€900€900€900€900€900€900=
Current assets29/58€12,127€25,930€52,962€236€28,543€7,583€17,946€878▼ 95.1%
Amounts receivable within one year40/41€1,146€10,965€1,520€236€2,525€3,206€16,386€878▼ 94.6%
Trade receivables40---€236€1,446€3,206€15,828€878▼ 94.5%
Other amounts receivable41----€1,079-€558--
Cash at bank and in hand54/58€5,082€14,965€43,912-€26,018----
Deferred charges and accrued income490/1-----€4,377€1,560--
Equity and liabilities
Total equity and liabilities10/49€14,854€30,716€61,785€144,947€161,870€128,180€125,264€98,154▼ 21.6%
Equity10/15€9,490€9,918€32,376€32,474€33,994-€14,059-€24,879-€53,944▼ 117%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€9,110-€8,682€13,776€13,874€15,394-€32,659-€43,479-€72,544▼ 66.8%
Amounts payable17/49€5,364€20,799€29,409€112,473€127,876€142,239€150,143€152,098▲ 1.3%
Amounts payable after more than one year17€452--€76,171€65,717€65,717€60,377€54,960▼ 9.0%
Financial debts170/4---€76,171€65,717€65,717€60,377€54,960▼ 9.0%
Amounts payable within one year42/48€4,912€18,180€27,646€33,961€59,016€71,910€88,320€95,862▲ 8.5%
Current portion of amounts payable after more than one year42---€5,117€10,455€5,265€5,340€5,416▲ 1.4%
Financial debts43---€5,221-€2,013€18,516€26,003▲ 40.4%
Credit institutions430/8---€5,221-€2,013€18,516€26,003▲ 40.4%
Trade debts44€2,629€6,942€14,446€8,834€23,832€21,092€31,314€7,170▼ 77.1%
Suppliers440/4---€8,834€23,832€21,092€31,314€7,170▼ 77.1%
Taxes, remuneration and social security45---€13,323€22,828€13,241-€9,295-
Taxes450/3---€13,323€22,828€13,241-€9,295-
Other amounts payable47/48---€1,466€1,901€30,300€33,150€47,977▲ 44.7%
Accrued charges and deferred income492/3---€2,341€3,143€4,612€1,446€1,275▼ 11.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€9,110€428€22,459€98€1,520-€48,053-€10,820-€29,065▼ 169%
+ Depreciation and write-downs630€2,535€1,957€2,386€8,262€12,702€12,350€10,427€10,041▼ 3.7%
Operating cash flow (approximation)-€6,576€2,385€24,845€8,360€14,222-€35,703-€392-€19,024▼ 4,748%
Investment in fixed assets (approximation)--€4,017-€6,423-€144,149-€1,318€380€2,852€0▼ 100%
Change in cash-€9,884€28,947------

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 micro format 12-05-2026 2026-00108556 PDF
31-12-2024 micro format 27-06-2025 2025-00185897 PDF
31-12-2023 micro format 12-06-2024 2024-00123880 PDF
31-12-2022 micro format 11-07-2023 2023-00223114 PDF
31-12-2021 micro format 30-06-2022 2022-20112868 PDF
31-12-2020 micro format 15-06-2021 2021-20300542 PDF
31-12-2019 micro format 15-05-2020 2020-12300359 PDF
31-12-2018 micro format 19-05-2019 2019-13500228 PDF

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