NB Please
Annual accounts 2025
abbreviated format, filed on 13-07-2026, 18 days before the deadlineEquity
€129,613
▼ 5.4%
Operating result
-€30,405
▼ €26,651
Loss
-€7,442
▼ €4,556
Working capital
€129,613
Solvency
86.4%
▲ 4.4 percentage points
Current ratio
7.35
Turnover: not included in this filing.
Balance sheet
balance sheet total €150,025 on 31-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cash
Position in the sector
Solvency86.4%
Higher than 85% of 271 companies in 2025.
Current ratio7.35
Higher than 83% of 261 companies in 2025.
Return on assets-5.0%
Higher than 36% of 265 companies in 2025.
NB Please
Middle half of the sector
80% of the sector
Abbreviated accounts in research and development (NACE 72)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom 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 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
Total assets20/58 |
150,025 | 167,055 | 169,941 | 182,434 | 50,123 | 50,573 | 39,462 | 78,566 | |
Current assets29/58 |
150,025 | 167,055 | 169,941 | 182,434 | 50,123 | 50,573 | 39,462 | 78,566 | |
Amounts receivable after more than one year29 |
1,689 | - | - | - | - | - | - | - | |
Other amounts receivable291 |
1,689 | - | - | - | - | - | - | - | |
Amounts receivable within one year40/41 |
2,531 | 274 | 1,252 | 1,252 | 829 | 18,899 | 1,745 | 422 | |
Other amounts receivable41 |
2,531 | 274 | 1,252 | 1,252 | 829 | 18,899 | 1,745 | 422 | |
Current investments50/53 |
127,124 | 166,619 | 168,689 | - | - | - | - | 78,144 | |
Cash at bank and in hand54/58 |
18,681 | - | - | 181,182 | 49,294 | 31,674 | 37,717 | - | |
Deferred charges and accrued income490/1 |
- | 162 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
Total equity and liabilities10/49 |
150,025 | 167,055 | 169,941 | 182,434 | 50,123 | 50,573 | 39,462 | 78,566 | |
Equity10/15 |
129,613 | 137,055 | 139,941 | 152,434 | 50,123 | 50,573 | 39,462 | 78,566 | |
Contributions10/11 |
205,000 | 205,000 | 205,000 | 205,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
Capital10 |
190,000 | 190,000 | 190,000 | 190,000 | 100,000 | - | - | - | |
Issued capital100 |
190,000 | 190,000 | 190,000 | 190,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
Contributions outside capital11 |
15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | |
Share premium1100/10 |
15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | |
Profit (loss) carried forward14 |
-75,387 | -67,945 | -65,059 | -52,566 | -49,877 | -49,427 | -60,538 | -21,434 | |
Amounts payable17/49 |
20,412 | 30,000 | 30,000 | 30,000 | - | - | - | - | |
Amounts payable after more than one year17 |
- | 30,000 | 30,000 | - | - | - | - | - | |
Other amounts payable178/9 |
- | 30,000 | 30,000 | - | - | - | - | - | |
Amounts payable within one year42/48 |
20,412 | - | - | 30,000 | - | - | - | - | |
Trade debts44 |
11,604 | - | - | - | - | - | - | - | |
Suppliers440/4 |
11,604 | - | - | - | - | - | - | - | |
Other amounts payable47/48 |
8,808 | - | - | 30,000 | - | - | - | - | |
| Income statement | |||||||||
Non-recurring operating income76A |
- | - | - | - | - | - | 348 | 18,116 | |
Gross operating margin9900 |
- | - | -12,448 | - | - | -17,713 | -39,095 | -21,434 | |
Goods, raw materials, services and sundry goods60/61 |
- | - | 12,448 | - | - | 17,713 | 39,442 | -39,550 | |
Other operating charges640/8 |
30,405 | 3,754 | - | 2,689 | - | - | - | - | |
Operating profit (loss)9901 |
-30,405 | -3,754 | -12,448 | -2,689 | - | -17,713 | -39,095 | -21,434 | |
Financial income75/76B |
25,909 | 912 | - | - | - | 29,946 | 0 | - | |
Recurring financial income75 |
4,717 | 912 | - | - | - | 27,946 | 0 | - | |
Non-recurring financial income76B |
21,192 | - | - | - | - | 2,000 | 0 | - | |
Financial charges65/66B |
2,947 | 45 | 45 | - | 450 | 1,122 | 10 | - | |
Recurring financial charges65 |
2,947 | 45 | 45 | - | 450 | 872 | 10 | - | |
Non-recurring financial charges66B |
- | - | - | - | - | 250 | - | - | |
Profit (loss) for the period before taxes9903 |
-7,442 | -2,886 | -12,493 | -2,689 | -450 | 11,111 | -39,104 | -21,434 | |
Profit (loss) for the period9904 |
-7,442 | -2,886 | -12,493 | -2,689 | -450 | 11,111 | -39,104 | -21,434 | |
Profit (loss) for the period to be appropriated9905 |
-7,442 | -2,886 | -12,493 | -2,689 | -450 | 11,111 | -39,104 | -21,434 | |
| Appropriation of the result | |||||||||
Profit (loss) to be appropriated9906 |
-75,387 | -67,945 | -65,059 | -52,566 | -49,877 | -49,427 | -60,538 | -21,434 | |
Profit (loss) brought forward from the previous period14P |
-67,945 | -65,059 | -52,566 | -49,877 | -49,427 | - | - | - | |
| Social balance sheet | |||||||||
Average staff (FTE)9087 |
0 | - | - | - | - | - | - | 0 | |
| Document | |||||||||
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
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 | abbreviated format | 13-07-2026 | 2026-00315040 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00244821 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00235715 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00304817 | |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20173765 | |
| 31-12-2020 | micro format | 01-07-2021 | 2021-29900472 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-20600205 | |
| 31-12-2018 | full format | 03-06-2019 | 2019-16800075 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Change in cash | - | - | - | 131,889 | 17,620 | -6,043 | - | - | |
| Working capital | 129,613 | - | - | 152,434 | - | - | - | - | |
| Solvency | 86.4% | 82.0% | 82.3% | 83.6% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Current ratio | 7.35 | - | - | 6.08 | - | - | - | - | |
| Debt to equity | 0.16 | 0.22 | 0.21 | 0.20 | - | - | - | - | |
| ROE | -5.7% | -2.1% | -8.9% | -1.8% | -0.9% | 22.0% | -99.1% | -27.3% | |
| ROA | -5.0% | -1.7% | -7.4% | -1.5% | -0.9% | 22.0% | -99.1% | -27.3% |
EBIT margin: not included in this filing.
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 |
|---|---|
| Average over the year, in full-time equivalents | 0 |
Source: social balance sheet in the 2025 annual accounts
Insights on NB Please
The operating result for 2025 is a loss of €30,405, larger than the loss of €3,754 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total falls from 18.0% to 13.6%. Equity and debt are lower.
Large changes and their cause
- 2022 Equity +204%, Total assets +264% on 2021. Capital increase of €90,000 (Official Gazette 16-08-2022).