NETVALUE
Annual accounts 2025
micro format, filed on 29-01-2026, 2 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 ≈ €150,000. Estimated: probably between €130,000 and €220,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €681,267 on 30-06-2025in euro
in euro
Position in the sector
78.3%
Higher than 72% of 21,208 companies in 2025.
4.36
Higher than 71% of 20,571 companies in 2025.
10.2%
Higher than 35% of 20,746 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · 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 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
681,267 | 656,053 | 698,797 | 582,438 | 536,659 | 505,171 | 407,382 | 569,046 | 575,876 | 524,766 | 509,413 | 554,817 | 489,729 | 290,585 | 257,856 | 258,520 | 218,115 | 198,990 | 221,631 | |
21/28 |
36,124 | 48,760 | 69,220 | 15,893 | 22,676 | 30,653 | 425 | 2,433 | 201,777 | 5,559 | 7,438 | 2,081 | 681 | 79,756 | 98,744 | 115,519 | 135,563 | 155,292 | 174,447 | |
22/27 |
36,075 | 48,710 | 69,170 | 15,843 | 22,626 | 30,604 | 330 | 2,339 | 4,777 | 5,509 | 7,388 | 2,031 | 631 | 79,706 | 98,694 | 115,469 | 135,513 | 155,242 | 174,397 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 78,384 | 96,362 | 114,340 | 132,319 | 150,297 | 168,275 | |
23 |
1,506 | 2,576 | 4,065 | 1,030 | 406 | 811 | - | 452 | - | - | - | - | - | - | - | - | - | - | - | |
24 |
34,569 | 46,134 | 65,106 | 14,814 | 22,220 | 29,792 | 330 | 1,887 | 4,777 | 5,509 | 7,388 | 2,031 | 631 | 1,322 | 2,332 | 1,129 | 3,194 | 4,945 | 6,122 | |
28 |
50 | 50 | 50 | 50 | 50 | 50 | 94 | 94 | 197,000 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |
29/58 |
645,143 | 607,294 | 629,577 | 566,545 | 513,983 | 474,517 | 406,958 | 566,612 | 374,099 | 519,207 | 501,975 | 552,736 | 489,048 | 210,829 | 159,112 | 143,001 | 82,552 | 43,698 | 47,184 | |
40/41 |
21,278 | 23,786 | 87,220 | 20,259 | 18,335 | 32,728 | 23,841 | 33,123 | 52,139 | 51,434 | 25,008 | 17,212 | 31,378 | 27,490 | 28,036 | 40,043 | 20,637 | 12,749 | 12,423 | |
40 |
20,566 | 18,634 | 87,220 | 19,428 | 17,649 | 32,728 | 16,904 | 33,039 | 52,139 | 51,434 | 25,008 | 17,212 | 31,378 | 27,490 | 28,036 | 40,043 | 20,637 | 12,749 | 12,423 | |
41 |
711 | 5,152 | - | 831 | 686 | - | 6,937 | 84 | - | - | - | - | - | - | - | - | - | - | - | |
50/53 |
334,625 | 390,845 | 285,024 | 205,024 | 203,801 | 202,184 | 197,000 | 197,000 | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
288,900 | 190,723 | 257,003 | 340,338 | 291,557 | 239,287 | 186,116 | 336,489 | 319,581 | 465,394 | 476,967 | 532,721 | 457,670 | 177,567 | 126,239 | 100,278 | 60,574 | 30,949 | 34,761 | |
490/1 |
340 | 1,940 | 330 | 923 | 290 | 319 | - | - | 2,379 | 2,379 | - | 2,803 | - | 5,772 | 4,837 | 2,680 | 1,341 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
681,267 | 656,053 | 698,797 | 582,438 | 536,659 | 505,171 | 407,382 | 569,046 | 575,876 | 524,766 | 509,413 | 554,817 | 489,729 | 290,585 | 257,856 | 258,520 | 218,115 | 198,990 | 221,631 | |
10/15 |
533,395 | 605,050 | 598,847 | 544,869 | 502,935 | 444,979 | 393,823 | 553,944 | 547,086 | 490,385 | 441,959 | 423,211 | 476,071 | 233,899 | 192,171 | 157,791 | 126,999 | 90,626 | 84,771 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 210,688 | 210,688 | 210,688 | 210,688 | 210,688 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | 18,592 | 18,592 | 18,592 | 210,688 | 210,688 | 210,688 | 210,688 | 210,688 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
514,803 | 586,458 | 580,255 | 526,277 | 484,343 | 426,387 | 375,231 | 343,256 | 336,398 | 279,697 | 231,271 | 244,039 | 457,479 | 215,307 | 173,579 | 139,199 | 108,407 | 72,034 | 66,179 | |
130/1 |
- | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
514,803 | 586,458 | 578,396 | 524,418 | 482,484 | 424,528 | 373,372 | 341,396 | 334,539 | 277,838 | 229,412 | 242,180 | 455,620 | 213,448 | 171,720 | 137,340 | 106,548 | 70,175 | 64,320 | |
14 |
- | - | - | - | - | - | - | - | - | - | - | -31,516 | - | - | - | - | - | - | - | |
17/49 |
147,872 | 51,004 | 99,950 | 37,568 | 33,723 | 60,192 | 13,559 | 15,102 | 28,790 | 34,381 | 67,454 | 131,606 | 13,658 | 56,686 | 65,685 | 100,729 | 91,116 | 108,364 | 136,860 | |
17 |
- | - | - | 2,859 | 11,363 | 19,759 | - | - | - | - | - | - | - | 33,049 | 45,360 | 57,145 | 67,953 | 82,977 | 87,787 | |
170/4 |
- | - | - | 2,859 | 11,363 | 19,759 | - | - | - | - | - | - | - | 33,049 | 45,360 | 57,145 | 67,953 | 82,977 | 87,787 | |
42/48 |
147,872 | 51,004 | 99,950 | 34,709 | 22,361 | 40,433 | 13,559 | 14,726 | 28,790 | 34,381 | 67,454 | 131,606 | 13,658 | 23,637 | 19,664 | 41,684 | 23,163 | 25,387 | 49,073 | |
42 |
- | - | 2,859 | 8,504 | 8,396 | 12,363 | 3,975 | 4,164 | 6,239 | 6,255 | 5,885 | 5,333 | - | 13,471 | 11,785 | 19,194 | 14,040 | 4,810 | 9,092 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | |
44 |
2,080 | 897 | 60,426 | 3,621 | 3,985 | 3,284 | 1,732 | 1,184 | 5,924 | 19,961 | 38,952 | 8,914 | 11,311 | 5,766 | 6,985 | 22,178 | 9,123 | 4,717 | 18,769 | |
440/4 |
2,080 | 897 | 60,426 | 3,621 | 3,985 | 3,284 | 1,732 | 1,184 | 5,924 | 19,961 | 38,952 | 8,914 | 11,311 | 5,766 | 6,985 | 22,178 | 9,123 | 4,717 | 18,769 | |
45 |
10,918 | 6,087 | 26,392 | 11,434 | 9,279 | 9,506 | 1,121 | 3,462 | - | - | - | - | - | - | - | - | - | 1,792 | - | |
450/3 |
10,918 | 6,087 | 26,392 | 11,434 | 9,279 | 9,506 | 1,121 | 2,521 | - | - | - | - | - | - | - | - | - | 1,792 | - | |
454/9 |
- | - | - | - | - | - | - | 942 | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
134,874 | 44,019 | 10,274 | 11,150 | 700 | 15,280 | 6,732 | 5,916 | 16,627 | 8,165 | 22,617 | 17,359 | 2,347 | 4,400 | 894 | 312 | - | 14,068 | 21,212 | |
492/3 |
- | - | - | - | - | - | - | 376 | - | - | - | - | - | - | 661 | 1,900 | - | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | 168,155 | 170,984 | 168,080 | 163,344 | 357,974 | 159,986 | 153,291 | 151,112 | 147,470 | 130,920 | 124,780 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,635 | 4,020 | 193 | |
9900 |
103,174 | 86,919 | 106,706 | 97,909 | 89,874 | 93,895 | 50,615 | 68,106 | 115,254 | 121,992 | 111,605 | 109,051 | 299,681 | 100,502 | 105,328 | 105,678 | 100,714 | 79,337 | 78,374 | |
60/61 |
- | - | - | - | - | - | - | - | 52,901 | 48,992 | 56,475 | 54,293 | 58,293 | 59,484 | 47,963 | 45,434 | 46,756 | 51,583 | 46,406 | |
630 |
12,636 | 20,460 | 8,426 | 8,230 | 7,978 | 7,978 | 2,009 | 2,255 | 2,485 | 2,300 | 2,315 | 799 | 926 | 19,178 | 19,410 | 18,902 | 20,090 | 20,761 | 20,535 | |
640/8 |
1,228 | 1,259 | 905 | 922 | 906 | 1,483 | 1,223 | 1,207 | 53,364 | 68,070 | 67,143 | 141,608 | 56,974 | 38,883 | 48,753 | 52,095 | 45,106 | 51,232 | 38,892 | |
66A |
- | - | - | - | - | - | - | - | - | - | 25,460 | 213,440 | - | - | - | - | - | - | - | |
9901 |
89,310 | 65,200 | 97,375 | 88,756 | 80,990 | 84,435 | 47,384 | 64,643 | 59,405 | 51,622 | 42,147 | -33,356 | 241,781 | 42,441 | 37,165 | 34,681 | 35,518 | 7,344 | 18,947 | |
75/76B |
7,574 | 8,393 | 130 | 1,334 | 1,732 | 5,425 | 317 | 413 | 753 | 3,386 | 3,534 | 3,888 | 2,936 | 2,146 | 1,527 | 1,025 | 384 | 56 | 52 | |
75 |
7,574 | 8,393 | 130 | 1,334 | 1,732 | 5,425 | 317 | 413 | 753 | 3,386 | 3,534 | 3,888 | 2,936 | 2,146 | 1,527 | 1,025 | 384 | 56 | 52 | |
65/66B |
139 | 142 | 214 | 309 | 572 | 772 | 480 | 803 | 3,457 | 1,282 | 1,473 | 2,048 | 2,545 | 2,859 | 4,312 | 4,914 | 5,164 | 5,565 | 8,101 | |
65 |
139 | 142 | 214 | 309 | 572 | 772 | 480 | 803 | 3,457 | 1,282 | 1,473 | 2,048 | 2,545 | 2,859 | 4,312 | 4,914 | 5,164 | 5,565 | 8,101 | |
9903 |
96,745 | 73,451 | 97,291 | 89,781 | 82,150 | 89,088 | 47,220 | 64,253 | 56,701 | 53,726 | 18,748 | -244,956 | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | 5,855 | 11,091 | |
67/77 |
27,200 | 21,207 | 32,314 | 25,247 | 23,194 | 25,592 | 14,245 | 57,395 | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
69,545 | 52,244 | 64,977 | 64,534 | 58,957 | 63,496 | 32,975 | 6,858 | 56,701 | 53,726 | 18,748 | -244,956 | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | 5,855 | 11,091 | |
9905 |
69,545 | 52,244 | 64,977 | 64,534 | 58,957 | 63,496 | 32,975 | 6,858 | 56,701 | 53,726 | 18,748 | -244,956 | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | 5,855 | 11,091 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
69,545 | 52,244 | 64,977 | 64,534 | 58,957 | 63,496 | 32,975 | 6,858 | 56,701 | 53,726 | -12,768 | -244,956 | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | 5,855 | 11,091 | |
791/2 |
141,200 | 45,000 | 10,000 | 21,600 | - | 11,340 | - | - | - | - | 12,768 | 213,440 | - | - | - | - | - | 1,721 | - | |
691/2 |
69,545 | 51,203 | 63,977 | 63,534 | 57,957 | 62,496 | 31,975 | 6,858 | 56,701 | 48,426 | - | - | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | - | 11,091 | |
6921 |
69,545 | 51,203 | 63,977 | 63,534 | 57,957 | 62,496 | 31,975 | 6,858 | 56,701 | 48,426 | - | - | 242,172 | 41,728 | 34,380 | 30,792 | 36,373 | - | 11,091 | |
694/7 |
141,200 | 46,041 | 11,000 | 22,600 | 1,000 | 12,340 | 1,000 | - | - | 5,300 | - | - | - | - | - | - | - | 7,576 | - | |
694 |
141,200 | 46,041 | 11,000 | 22,600 | 1,000 | 12,340 | 1,000 | - | - | 5,300 | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,576 | - | |
| Document | ||||||||||||||||||||
The accounts for 6 older financial years (2001-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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 29-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00017787 | |
| 30-06-2024 | micro format | 18-12-2024 | 2024-00619803 | |
| 30-06-2023 | micro format | 23-11-2023 | 2023-00515674 | |
| 30-06-2022 | micro format | 04-01-2023 | 2023-20552455 | |
| 30-06-2021 | micro format | 04-01-2022 | 2022-00200165 | |
| 30-06-2020 | micro format | 24-12-2020 | 2020-77000471 | |
| 30-06-2019 | micro format | 23-12-2019 | 2019-77400188 | |
| 30-06-2018 | micro format | 22-12-2018 | 2018-75700155 | |
| 30-06-2017 | abbreviated format | 20-12-2017 | 2017-72200397 | |
| 30-06-2016 | abbreviated format | 03-01-2017 | 2017-00100094 | |
| 30-06-2015 | abbreviated format | 06-01-2016 | 2016-00200254 | |
| 30-06-2014 | abbreviated format | 06-01-2015 | 2015-00100430 | |
| 30-06-2013 | abbreviated format | 07-01-2014 | 2014-00200149 | |
| 30-06-2012 | abbreviated format | 07-01-2013 | 2013-00300158 | |
| 30-06-2011 | abbreviated format | 06-01-2012 | 2012-00200468 | |
| 30-06-2010 | abbreviated format | 11-01-2011 | 2011-00500535 | |
| 30-06-2009 | abbreviated format | 05-01-2010 | 2010-00100342 | |
| 30-06-2008 | abbreviated format | 08-01-2009 | 2009-00300274 | |
| 30-06-2007 | abbreviated format | 07-01-2008 | 2008-00400167 | |
| 30-06-2006 | abbreviated format | 15-01-2007 | 2007-01500852 | |
| 30-06-2005 | abbreviated format | 19-01-2006 | 2006-02200470 | |
| 30-06-2004 | abbreviated format | 20-01-2005 | 2005-02205138 | |
| 30-06-2003 | abbreviated format | 22-01-2004 | 2004-02302179 | |
| 30-06-2002 | abbreviated format | 15-01-2003 | 2003-01401683 | |
| 30-06-2001 | abbreviated format | 15-01-2002 | 2002-01305097 |
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 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101,945 | 85,660 | 105,801 | 96,987 | 88,968 | 92,412 | 49,392 | 66,898 | 61,890 | 53,922 | 44,462 | -32,557 | 242,707 | 61,619 | 56,575 | 53,583 | 55,608 | 28,105 | 39,482 | ||
| 82,181 | 72,704 | 73,404 | 72,764 | 66,934 | 71,474 | 34,984 | 9,113 | 59,186 | 56,026 | 21,063 | -244,157 | 243,098 | 60,906 | 53,790 | 49,694 | 56,463 | 26,616 | 31,626 | ||
| 0 | 0 | 61,753 | 1,447 | 0 | 38,251 | 0 | -197,089 | 198,753 | 421 | 7,672 | 2,199 | 236 | 190 | 2,635 | -1,142 | 361 | 1,606 | 4,214 | ||
| 98,178 | -66,280 | -83,335 | 48,781 | 52,271 | 53,170 | -150,373 | 16,908 | -145,813 | -11,573 | -55,754 | 75,051 | 280,103 | 51,328 | 25,961 | 39,704 | 29,625 | -3,812 | - | ||
| 497,270 | 556,290 | 529,627 | 531,835 | 491,623 | 434,085 | 393,398 | 551,886 | 345,309 | 484,826 | 434,521 | 421,130 | 475,390 | 187,192 | 139,448 | 101,317 | 59,389 | 18,311 | -1,889 | ||
| - | - | - | - | - | - | - | - | 35.3% | 30.2% | 25.1% | -20.4% | 67.5% | 26.5% | 24.2% | 23.0% | 24.1% | 5.6% | 15.2% | ||
| 78.3% | 92.2% | 85.7% | 93.5% | 93.7% | 88.1% | 96.7% | 97.3% | 95.0% | 93.4% | 86.8% | 76.3% | 97.2% | 80.5% | 74.5% | 61.0% | 58.2% | 45.5% | 38.2% | ||
| 4.36 | 11.91 | 6.30 | 16.32 | 22.99 | 11.74 | 30.01 | 38.48 | 12.99 | 15.10 | 7.44 | 4.20 | 35.81 | 8.92 | 8.09 | 3.43 | 3.56 | 1.72 | 0.96 | ||
| 0.28 | 0.08 | 0.17 | 0.07 | 0.07 | 0.14 | 0.03 | 0.03 | 0.05 | 0.07 | 0.15 | 0.31 | 0.03 | 0.24 | 0.34 | 0.64 | 0.72 | 1.20 | 1.61 | ||
| 13.0% | 8.6% | 10.9% | 11.8% | 11.7% | 14.3% | 8.4% | 1.2% | 10.4% | 11.0% | 4.2% | -57.9% | 50.9% | 17.8% | 17.9% | 19.5% | 28.6% | 6.5% | 13.1% | ||
| 10.2% | 8.0% | 9.3% | 11.1% | 11.0% | 12.6% | 8.1% | 1.2% | 9.8% | 10.2% | 3.7% | -44.2% | 49.5% | 14.4% | 13.3% | 11.9% | 16.7% | 2.9% | 5.0% | ||
| over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | 113 days | 110 days | 54 days | 38 days | 32 days | 63 days | 67 days | 97 days | 51 days | 36 days | 36 days | ||
| - | - | - | - | - | - | - | - | 41 days | 149 days | 252 days | 60 days | 71 days | 35 days | 53 days | 178 days | 71 days | 33 days | 148 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.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €61,753 | €1,447 |
| €12,636 | €20,460 | €8,426 | €8,230 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NETVALUE
The operating result for 2025 is 37% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 7.8% to 21.7%. Equity is lower and debt is higher.