NATCOM
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €5,500. Estimated: probably between €3,300 and €9,500.
Balance sheet
balance sheet total €102,118 on 31-12-2025in euro
in euro
Position in the sector
96.5%
Higher than 95% of 10,256 companies in 2025.
28.47
Higher than 95% of 9,838 companies in 2025.
-0.4%
Higher than 22% of 9,980 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top 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 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
102,118 | 100,362 | 101,992 | 103,473 | 115,575 | 125,799 | 162,811 | 168,103 | 146,637 | 120,571 | 101,071 | 96,923 | 93,650 | 108,568 | 79,015 | 76,592 | 69,661 | |
21/28 |
- | - | - | - | - | 88 | 12,038 | 24,758 | 37,495 | 1,132 | 1,560 | 3,022 | 4,730 | 9,038 | 12,184 | 13,865 | 17,774 | |
22/27 |
- | - | - | - | - | - | 11,950 | 24,671 | 37,407 | 1,044 | 1,560 | 3,022 | 4,705 | 9,013 | 12,159 | 13,840 | 17,749 | |
24 |
- | - | - | - | - | - | 11,950 | 24,671 | 37,407 | 1,044 | 1,560 | 3,022 | 4,705 | 9,013 | 12,159 | 13,840 | 17,749 | |
28 |
- | - | - | - | - | 88 | 88 | 88 | 88 | 88 | - | - | 25 | 25 | 25 | 25 | 25 | |
29/58 |
102,118 | 100,362 | 101,992 | 103,473 | 115,575 | 125,711 | 150,774 | 143,345 | 109,142 | 119,440 | 99,511 | 93,900 | 88,919 | 99,531 | 66,830 | 62,728 | 51,887 | |
40/41 |
82,783 | 74,294 | 69,206 | 68,614 | 91,795 | 119,251 | 140,233 | 120,581 | 99,225 | 87,682 | 80,967 | 93,455 | 86,181 | 70,821 | 35,258 | 42,083 | 11,542 | |
40 |
6,587 | 6,587 | 7,000 | 5,983 | - | - | 19,386 | 23,430 | 23,067 | 30,096 | 21,296 | 15,809 | - | 6,900 | 17,940 | 7,360 | - | |
41 |
76,196 | 67,707 | 62,206 | 62,631 | 91,795 | 119,251 | 120,848 | 97,151 | 76,158 | 57,586 | 59,671 | 77,646 | 86,181 | 63,921 | 17,318 | 34,723 | 11,542 | |
54/58 |
18,140 | 25,024 | 31,704 | 33,581 | 22,403 | 4,842 | 8,837 | 21,085 | 9,918 | 31,758 | 18,543 | 446 | 2,738 | 28,710 | 31,573 | 20,644 | 40,344 | |
490/1 |
1,195 | 1,044 | 1,082 | 1,277 | 1,377 | 1,618 | 1,703 | 1,678 | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
102,118 | 100,362 | 101,992 | 103,473 | 115,575 | 125,799 | 162,811 | 168,103 | 146,637 | 120,571 | 101,071 | 96,923 | 93,650 | 108,568 | 79,015 | 76,592 | 69,661 | |
10/15 |
98,531 | 98,991 | 100,671 | 100,245 | 98,114 | 98,751 | 128,274 | 106,503 | 83,773 | 82,766 | 81,035 | 65,249 | 64,607 | 79,128 | 52,726 | 46,578 | 30,863 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
92,331 | 92,791 | 94,471 | 94,045 | 91,914 | 92,551 | 122,074 | 100,303 | 77,573 | 76,566 | 74,835 | 59,049 | 58,407 | 72,928 | 46,526 | 40,378 | 24,663 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
90,471 | 90,931 | 92,611 | 92,185 | 90,054 | 90,691 | 120,214 | 98,443 | 75,713 | 74,706 | 72,975 | 57,189 | 56,547 | 71,068 | 44,666 | 38,518 | 22,803 | |
17/49 |
3,587 | 1,372 | 1,321 | 3,227 | 17,461 | 27,048 | 34,537 | 61,600 | 62,864 | 37,805 | 20,036 | 31,673 | 29,043 | 29,441 | 26,289 | 30,014 | 38,798 | |
17 |
- | - | - | - | - | - | 6,574 | 15,194 | 23,651 | - | - | - | - | 1,723 | 5,045 | 8,207 | 11,218 | |
170/4 |
- | - | - | - | - | - | 6,574 | 15,194 | 23,651 | - | - | - | - | 1,723 | 5,045 | 8,207 | 11,218 | |
42/48 |
3,587 | 1,372 | 1,321 | 2,897 | 17,461 | 27,048 | 27,964 | 46,407 | 39,213 | 37,805 | 20,036 | 31,673 | 29,043 | 27,717 | 21,244 | 21,807 | 27,581 | |
42 |
- | - | - | - | - | 6,574 | 8,620 | 8,458 | 8,298 | - | - | - | 5,831 | 7,445 | 7,281 | 7,114 | 6,905 | |
43 |
- | - | - | - | - | 207 | - | - | - | - | - | 730 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | 207 | - | - | - | - | - | 730 | - | - | - | - | - | |
44 |
2,910 | 1,193 | 971 | 1,655 | 7,443 | 2,168 | 97 | 1,210 | 85 | 203 | 3,606 | 4,524 | 4,710 | 5,305 | 4,895 | 6,962 | 4,221 | |
440/4 |
2,910 | 1,193 | 971 | 1,655 | 7,443 | 2,168 | 97 | 1,210 | 85 | 203 | 3,606 | 4,524 | 4,710 | 5,305 | 4,895 | 6,962 | 4,221 | |
45 |
677 | 179 | 350 | 872 | 1,094 | 9,700 | 15,047 | 30,648 | 17,829 | 2,602 | 14,511 | 6,542 | 1,302 | 10,842 | 8,668 | 4,730 | 15,855 | |
450/3 |
677 | 179 | 350 | 872 | 1,094 | 9,700 | 14,246 | 28,377 | 17,182 | 2,602 | 14,319 | 6,538 | - | 3,150 | 224 | 4,075 | 4,090 | |
454/9 |
- | - | - | - | - | - | 801 | 2,271 | 647 | - | 193 | 4 | 1,302 | 7,692 | 8,444 | 655 | 11,765 | |
47/48 |
- | - | - | 370 | 8,925 | 8,400 | 4,200 | 6,091 | 13,000 | 35,000 | 1,918 | 19,878 | 17,200 | 4,126 | 400 | 3,000 | 600 | |
492/3 |
- | - | - | 330 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | 413 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
1,024 | -470 | 672 | 3,261 | -996 | -19,786 | 41,564 | 51,388 | 35,482 | 36,206 | 17,368 | -1,077 | -1,978 | 41,208 | 12,143 | 28,854 | 45,259 | |
630 |
- | - | - | - | - | 11,950 | 12,720 | 13,142 | 13,007 | 766 | 1,462 | 1,683 | 5,767 | 5,281 | 4,765 | 3,910 | 6,310 | |
640/8 |
932 | 994 | 1,039 | 510 | 1,087 | 1,036 | 1,250 | 814 | 1,334 | 795 | 1,000 | 878 | 904 | 809 | 793 | 1,219 | 1,735 | |
9901 |
92 | -1,464 | -368 | 2,752 | -2,083 | -32,773 | 27,594 | 37,432 | 21,141 | 34,645 | 14,906 | -3,638 | -8,649 | 35,118 | 6,585 | 23,725 | 37,214 | |
75/76B |
- | - | 831 | 99 | 2,584 | 4,159 | 4,503 | 4,926 | 3,496 | 3,574 | 10,316 | 6,006 | 7,019 | 4,008 | 3,115 | 74 | 43 | |
75 |
- | - | 831 | 99 | 2,584 | 4,159 | 4,503 | 4,926 | 3,496 | 3,574 | 10,316 | 6,006 | 7,019 | 4,008 | 3,115 | 74 | 43 | |
65/66B |
52 | 38 | 37 | 719 | 671 | 493 | 1,042 | 728 | 1,408 | 715 | 441 | 155 | 567 | 907 | 853 | 1,048 | 606 | |
65 |
52 | 38 | 37 | 719 | 671 | 493 | 1,042 | 728 | 1,408 | 715 | 441 | 155 | 567 | 907 | 853 | 1,048 | 606 | |
9903 |
39 | -1,502 | 426 | 2,131 | -170 | -29,107 | 31,055 | 41,630 | 23,229 | 37,504 | 24,781 | 2,213 | -2,197 | 38,219 | 8,847 | 22,750 | 36,651 | |
67/77 |
499 | 179 | - | - | 467 | 416 | 9,284 | 12,900 | 9,222 | 774 | 8,995 | 1,570 | 324 | 11,817 | 2,699 | 7,034 | 11,989 | |
9904 |
-459 | -1,681 | 426 | 2,131 | -637 | -29,523 | 21,771 | 28,730 | 14,007 | 36,730 | 15,786 | 643 | -2,521 | 26,402 | 6,148 | 15,716 | 24,663 | |
9905 |
-459 | -1,681 | 426 | 2,131 | -637 | -29,523 | 21,771 | 28,730 | 14,007 | 36,730 | 15,786 | 643 | -2,521 | 26,402 | 6,148 | 15,716 | 24,663 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-459 | -1,681 | 426 | 2,131 | -637 | -29,523 | 21,771 | 28,730 | 14,007 | 36,730 | 15,786 | 643 | -2,521 | 26,402 | 6,148 | 15,716 | 24,663 | |
791/2 |
459 | 1,681 | - | - | 637 | 29,523 | - | - | - | - | - | - | 14,521 | - | - | - | - | |
691/2 |
- | - | 426 | 2,131 | - | - | 21,771 | 22,730 | 1,007 | 1,730 | 15,786 | 643 | - | 26,402 | 6,148 | 15,716 | 24,663 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 426 | 2,131 | - | - | 21,771 | 22,730 | 1,007 | 1,730 | 15,786 | 643 | - | 26,402 | 6,148 | 15,716 | 22,803 | |
694/7 |
- | - | - | - | - | - | - | 6,000 | 13,000 | 35,000 | - | - | 12,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | 13,000 | - | - | - | 12,000 | - | - | - | - | |
695 |
- | - | - | - | - | - | - | 6,000 | - | 35,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
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 | micro format | 29-06-2026 | 2026-00212066 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00200576 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00160422 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00182282 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20067105 | |
| 31-12-2020 | micro format | 05-10-2021 | 2021-71400349 | |
| 31-12-2019 | micro format | 10-06-2020 | 2020-15800328 | |
| 31-12-2018 | micro format | 25-06-2019 | 2019-22700203 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-37300255 | |
| 31-12-2016 | micro format | 22-06-2017 | 2017-20300327 | |
| 31-12-2015 | full format | 30-05-2016 | 2016-14000187 | |
| 31-12-2014 | full format | 01-06-2015 | 2015-14100123 | |
| 31-12-2013 | full format | 24-06-2014 | 2014-21000071 | |
| 31-12-2012 | full format | 04-06-2013 | 2013-15100516 | |
| 31-12-2011 | full format | 07-06-2012 | 2012-15600099 | |
| 31-12-2010 | full format | 15-06-2011 | 2011-16700435 | |
| 31-12-2009 | full format | 14-06-2010 | 2010-17900106 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | -20,822 | 40,314 | 50,575 | 34,148 | 35,411 | 16,368 | -1,955 | -2,882 | 40,399 | 11,350 | 27,634 | 43,524 | ||
| - | - | - | - | - | -17,573 | 34,492 | 41,872 | 27,014 | 37,497 | 17,248 | 2,326 | 3,246 | 31,682 | 10,913 | 19,626 | 30,972 | ||
| - | - | - | - | - | 0 | 0 | 406 | 49,370 | 338 | 0 | -25 | 1,460 | 2,134 | 3,085 | 600 | 21,684 | ||
| -6,884 | -6,680 | -1,877 | 11,178 | 17,561 | -3,995 | -12,248 | 11,167 | -21,840 | 13,215 | 18,098 | -2,292 | -25,972 | -2,863 | 10,929 | -19,700 | - | ||
| 98,531 | 98,991 | 100,671 | 100,575 | 98,114 | 98,663 | 122,810 | 96,938 | 69,930 | 81,634 | 79,475 | 62,227 | 59,876 | 71,813 | 45,586 | 40,921 | 24,306 | ||
| 96.5% | 98.6% | 98.7% | 96.9% | 84.9% | 78.5% | 78.8% | 63.4% | 57.1% | 68.6% | 80.2% | 67.3% | 69.0% | 72.9% | 66.7% | 60.8% | 44.3% | ||
| 28.47 | 73.17 | 77.21 | 35.71 | 6.62 | 4.65 | 5.39 | 3.09 | 2.78 | 3.16 | 4.97 | 2.96 | 3.06 | 3.59 | 3.15 | 2.88 | 1.88 | ||
| 0.04 | 0.01 | 0.01 | 0.03 | 0.18 | 0.27 | 0.27 | 0.58 | 0.75 | 0.46 | 0.25 | 0.49 | 0.45 | 0.37 | 0.50 | 0.64 | 1.26 | ||
| -0.5% | -1.7% | 0.4% | 2.1% | -0.6% | -29.9% | 17.0% | 27.0% | 16.7% | 44.4% | 19.5% | 1.0% | -3.9% | 33.4% | 11.7% | 33.7% | 79.9% | ||
| -0.4% | -1.7% | 0.4% | 2.1% | -0.6% | -23.5% | 13.4% | 17.1% | 9.6% | 30.5% | 15.6% | 0.7% | -2.7% | 24.3% | 7.8% | 20.5% | 35.4% |
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.
Insights on NATCOM
The operating result for 2025 is a profit of €92, after a loss of €1,464 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total rises from 1.4% to 3.5%. Equity is lower and debt is higher.