Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Of this, €147,768 falls due within a year.
Short-term debts fell from €246,587 to €147,768.
Latest accounts filed late: after the legal deadline.
Less equity than 90% of companies in other professional activities. Sector median €41,076 · 4,368 companies.
In July 2024, 2,796 companies had the same profile as NO PROBLEM ! has now. Each dot stands for 7 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,796 companies, not a prediction for NO PROBLEM !. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| NO PROBLEM ! Kortrijk | €177,601 | €242,296 | -6.0% | - |
| DE-OFFICE Mol | €144,302 | €209,667 | 14.2% | - |
| BELGIAN TRANSLATION CENTRE Ostend | €168,180 | €160,419 | 45.0% | - |
| NCI Translation Center Ixelles | €203,197 | €336,189 | 37.2% | 5.9 |
| JONKERS & PARTNERS Silly | €249,016 | €197,274 | 85.3% | - |
| BBAM COMMUNICATIONS Antwerp | €211,905 | €147,525 | 88.0% | - |
| NOVASYS Eghezée | €180,778 | €153,724 | 49.1% | - |
These companies have the same main activity as NO PROBLEM !: translation services (NACE 74301). They are comparable in size and age: total assets between €144,000 and €249,000, founded between 1996 and 2009.
NO PROBLEM ! files the micro format. That format states no turnover. The gross margin rose from €95,716 in 2007 to €242,296 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €610,000. Estimated: probably between €400,000 and €940,000.
Higher than 14% of 4,365 companies in 2025.
Higher than 32% of 4,197 companies in 2025.
Higher than 19% of 4,227 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
177,601 | 286,647 | 279,971 | 374,037 | 422,136 | 358,155 | 375,597 | 486,570 | 452,076 | 489,840 | 446,592 | 335,041 | 251,060 | 253,351 | 417,471 | 405,697 | 282,009 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
21/28 |
1,127 | 108,377 | 117,929 | 127,746 | 142,933 | 145,045 | 165,694 | 192,107 | 202,680 | 220,053 | 203,453 | 7,318 | 8,097 | 18,556 | 183,846 | 215,993 | 143,590 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
22/27 |
1,127 | 108,377 | 117,929 | 127,746 | 142,933 | 145,045 | 165,694 | 192,107 | 202,680 | 217,653 | 201,053 | 4,918 | 5,697 | 16,156 | 183,846 | 215,993 | 143,590 | |
22 |
- | 104,166 | 110,136 | 116,371 | 124,052 | 131,602 | 140,425 | 154,821 | 164,473 | 161,889 | 165,531 | - | - | - | 131,438 | 144,557 | 82,451 | |
23 |
- | - | - | - | - | - | - | - | - | 275 | 606 | 1,040 | 61 | 870 | 34,645 | 44,660 | 50,855 | |
24 |
1,127 | 4,211 | 7,793 | 11,375 | 18,881 | 13,443 | 25,269 | 37,286 | 38,207 | 55,489 | 34,916 | 3,878 | 5,636 | 15,286 | 17,763 | 26,776 | 10,284 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
28 |
- | - | - | - | - | - | - | - | - | 2,400 | 2,400 | 2,400 | 2,400 | 2,400 | - | - | 0 | |
29/58 |
176,474 | 178,270 | 162,042 | 246,291 | 279,203 | 213,110 | 209,903 | 294,463 | 249,396 | 269,787 | 243,139 | 327,723 | 242,963 | 234,795 | 233,625 | 189,704 | 138,419 | |
290 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
40/41 |
120,944 | 136,984 | 145,925 | 197,092 | 180,414 | 124,343 | 168,365 | 221,286 | 227,785 | 169,014 | 225,409 | 221,487 | 224,629 | 188,471 | 215,410 | 172,069 | 79,417 | |
40 |
66,526 | 87,146 | 94,167 | 147,866 | 131,106 | 111,513 | 130,951 | 182,894 | 188,195 | 116,869 | 184,429 | 177,063 | 208,274 | 161,883 | 209,790 | 166,674 | 78,460 | |
41 |
54,418 | 49,838 | 51,758 | 49,226 | 49,308 | 12,830 | 37,414 | 38,392 | 39,590 | 52,145 | 40,980 | 44,424 | 16,355 | 26,588 | 5,620 | 5,395 | 957 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
54/58 |
54,307 | 41,286 | 16,117 | 49,199 | 98,789 | 75,854 | 24,885 | 63,444 | 21,611 | 18,713 | 17,730 | 106,236 | 18,334 | 44,650 | 18,215 | 17,635 | 59,002 | |
490/1 |
1,223 | - | - | - | - | 12,913 | 16,653 | 9,733 | - | 82,060 | - | - | - | 1,674 | - | - | 0 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
177,601 | 286,647 | 279,971 | 374,037 | 422,136 | 358,155 | 375,597 | 486,570 | 452,076 | 489,840 | 446,592 | 335,041 | 251,060 | 253,351 | 417,471 | 405,697 | 282,009 | |
10/15 |
-10,706 | -479 | 64,392 | 133,116 | 122,352 | 77,138 | 49,169 | 85,880 | 133,310 | 160,804 | 154,108 | 150,896 | 104,395 | 93,742 | 93,206 | 89,402 | 86,447 | |
10/11 |
8,360 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | |
11 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
1100/10 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
12 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
13 |
110,031 | 111,891 | 111,891 | 111,891 | 95,793 | 48,579 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 18,750 | 18,750 | |
130/1 |
- | 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 | - | 0 | |
1311 |
- | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
1319 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | |
133 |
91,281 | 91,281 | 91,281 | 91,281 | 75,183 | 27,969 | - | - | - | - | - | - | - | - | - | - | 0 | |
14 |
-129,097 | -118,870 | -53,999 | 14,725 | 20,059 | 22,059 | 22,059 | 58,770 | 106,200 | 133,694 | 126,998 | 123,786 | 77,285 | 66,632 | 66,096 | 64,152 | 61,197 | |
15 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
19 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
17/49 |
188,307 | 287,126 | 215,579 | 240,921 | 299,784 | 281,017 | 326,428 | 400,690 | 318,766 | 329,036 | 292,484 | 184,145 | 146,665 | 159,609 | 324,265 | 316,295 | 195,562 | |
17 |
40,539 | 40,539 | 50,439 | 60,021 | 69,293 | 86,509 | 104,883 | 139,620 | 124,287 | 139,642 | 137,369 | - | - | - | 135,234 | 156,227 | 87,067 | |
170/4 |
40,539 | 40,539 | 50,439 | 60,021 | 69,293 | 86,509 | 104,883 | 139,620 | 124,287 | 139,642 | 137,369 | - | - | - | 135,234 | 156,227 | 87,067 | |
175 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
176 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
42/48 |
147,768 | 246,587 | 165,140 | 180,900 | 230,491 | 194,508 | 221,545 | 261,070 | 194,479 | 189,394 | 155,115 | 184,145 | 146,665 | 159,609 | 189,031 | 123,178 | 108,495 | |
42 |
1,675 | 9,900 | 9,581 | 9,272 | 8,973 | 14,813 | 31,267 | 32,281 | 15,355 | 14,946 | 11,215 | - | - | 4,092 | 20,993 | 20,054 | 8,277 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
44 |
69,578 | 64,511 | 61,961 | 68,360 | 99,603 | 86,067 | 106,545 | 117,136 | 95,269 | 101,750 | 70,669 | 72,169 | 87,952 | 87,965 | 126,651 | 42,224 | 48,396 | |
440/4 |
69,578 | 64,511 | 61,961 | 68,360 | 99,603 | 86,067 | 106,545 | 117,136 | 95,269 | 101,750 | 70,669 | 72,169 | 87,952 | 87,965 | 126,651 | 42,224 | 48,396 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
45 |
64,857 | 114,102 | 79,778 | 87,779 | 97,334 | 69,758 | 71,396 | 86,827 | 78,359 | 72,698 | 73,231 | 111,976 | 58,713 | 55,913 | 35,451 | 20,882 | 15,447 | |
450/3 |
- | 21,717 | 32,461 | 45,600 | 39,459 | 32,988 | 24,912 | 38,242 | 26,959 | 24,130 | 34,702 | 63,841 | 27,586 | 40,793 | 28,992 | 14,423 | 14,601 | |
454/9 |
64,857 | 92,385 | 47,317 | 42,179 | 57,875 | 36,770 | 46,484 | 48,585 | 51,400 | 48,568 | 38,529 | 48,135 | 31,127 | 15,120 | 6,459 | 6,459 | 846 | |
47/48 |
11,658 | 58,074 | 13,820 | 15,489 | 24,581 | 23,870 | 12,337 | 24,826 | 5,496 | - | - | - | - | 11,639 | 5,936 | 40,018 | 36,375 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,890 | 0 | |
| Income statement | ||||||||||||||||||
76A |
35,015 | - | - | 9,900 | - | - | - | 40 | - | - | - | - | - | 35,048 | - | - | 0 | |
9900 |
242,296 | 383,316 | 360,913 | 416,594 | 641,281 | 408,120 | 379,586 | 397,521 | 444,472 | 449,905 | 381,711 | 384,885 | 272,575 | 493,628 | 251,189 | 179,307 | 95,716 | |
62 |
244,176 | 433,963 | 414,663 | 368,782 | 526,585 | 329,396 | 380,897 | 401,044 | 414,899 | 403,066 | 334,611 | 294,340 | 263,082 | 448,199 | 197,997 | 133,021 | 39,200 | |
630 |
2,837 | 9,552 | 9,817 | 15,187 | 20,021 | 20,649 | 26,412 | 29,012 | 27,417 | 27,362 | 17,411 | 2,434 | 5,471 | 21,860 | 32,147 | 32,713 | 28,241 | |
631/4 |
- | - | - | - | - | - | 35 | 3,516 | - | - | - | - | - | 623 | - | - | 0 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
640/8 |
3,699 | 3,532 | 3,474 | 3,092 | 4,931 | 3,607 | 3,397 | 4,198 | 16,623 | 2,726 | 17,271 | 1,472 | 1,526 | 4,195 | 1,855 | 1,529 | 864 | |
649 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,805 | - | - | 0 | |
9901 |
-8,416 | -63,731 | -67,041 | 29,533 | 89,744 | 54,468 | -31,155 | -40,249 | -14,467 | 16,751 | 12,418 | 86,639 | 2,496 | 18,751 | 19,190 | 12,044 | 27,411 | |
75/76B |
40 | 1,089 | 1,023 | 3,967 | 988 | 341 | 153 | 904 | 936 | 216 | 5,256 | 699 | 381 | 734 | 525 | 222 | 638 | |
75 |
40 | 1,089 | 1,023 | 3,967 | 988 | 341 | 153 | 864 | 936 | 216 | 5,256 | 699 | 381 | 734 | 525 | 222 | 638 | |
76B |
- | - | - | - | - | - | - | 40 | - | - | - | - | - | - | - | - | - | |
65/66B |
1,851 | 2,026 | 2,510 | 2,962 | 4,989 | 6,305 | 5,527 | 7,802 | 7,566 | 6,523 | 7,324 | 2,303 | 911 | 38,809 | 11,251 | 7,394 | 5,816 | |
65 |
1,851 | 2,026 | 2,510 | 2,962 | 4,989 | 6,305 | 5,527 | 7,802 | 7,566 | 6,523 | 7,324 | 2,303 | 911 | 38,809 | 11,251 | 7,394 | 5,816 | |
9903 |
-10,227 | -64,668 | -68,528 | 30,538 | 85,743 | 48,504 | -36,529 | -47,147 | -21,097 | 10,444 | 10,350 | 85,035 | 1,966 | 12,919 | 8,464 | 4,872 | 22,233 | |
67/77 |
- | 203 | 196 | 14,440 | 28,528 | 10,535 | 182 | 283 | 6,397 | 3,748 | 7,137 | 38,534 | 933 | 12,383 | 4,660 | 1,917 | 5,454 | |
9904 |
-10,227 | -64,871 | -68,724 | 16,098 | 57,215 | 37,969 | -36,711 | -47,430 | -27,494 | 6,696 | 3,213 | 46,501 | 1,033 | 536 | 3,804 | 2,955 | 16,779 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
9905 |
-10,227 | -64,871 | -68,724 | 16,098 | 57,215 | 37,969 | -36,711 | -47,430 | -27,494 | 6,696 | 3,213 | 46,501 | 1,033 | 536 | 3,804 | 2,955 | 16,779 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-129,097 | -118,870 | -53,999 | 36,157 | 79,274 | 60,028 | 22,059 | 58,770 | 106,200 | 133,694 | 126,998 | 123,786 | 77,285 | 66,632 | 67,956 | 64,152 | 61,197 | |
14P |
-118,870 | -53,999 | 14,725 | 20,059 | 22,059 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
691/2 |
- | - | - | 16,098 | 47,215 | 27,969 | - | - | - | - | - | - | - | - | 1,860 | - | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
6920 |
- | - | - | - | 47,215 | - | - | - | - | - | - | - | - | - | 1,860 | - | 0 | |
6921 |
- | - | - | 16,098 | - | 27,969 | - | - | - | - | - | - | - | - | - | - | 0 | |
694/7 |
- | - | - | 5,334 | 12,000 | 10,000 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | 5,334 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | 0 | |
695 |
- | - | - | - | 10,000 | 10,000 | - | - | - | - | - | - | - | - | - | - | 0 | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | 7 | 6.8 | 6.9 | 6.6 | 6.9 | 7.8 | 7.7 | 9.2 | 8.6 | 7.9 | 6.8 | 6.1 | 6.2 | 5.2 | 3.6 | 1.5 | |
Hours worked1013 |
- | 12,329 | 11,559 | 11,618 | 9,801 | 10,552 | 13,013 | 13,000 | 15,695 | 14,888 | 13,208 | 11,993 | 10,191 | 19,318 | 9,272 | 6,574 | 2,789 | |
| Document | ||||||||||||||||||
The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 7 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 12-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-10-2026 | 2026-00554060 | |
| 31-12-2024 | micro format | 24-09-2025 | 2025-00500480 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00393072 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00387630 | |
| 31-12-2021 | micro format | 28-10-2022 | 2022-20475376 | |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01800013 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600152 | |
| 30-06-2018 | abbreviated format | 08-01-2019 | 2019-00600321 | |
| 30-06-2017 | abbreviated format | 29-01-2018 | 2018-02600308 | |
| 30-06-2016 | abbreviated format | 13-01-2017 | 2017-01100561 | |
| 30-06-2015 | abbreviated format | 04-01-2016 | 2016-00200215 | |
| 30-06-2014 | abbreviated format | 05-01-2015 | 2015-00100396 | |
| 30-06-2013 | abbreviated format | 06-01-2014 | 2014-00300192 | |
| 30-06-2011 | abbreviated format | 16-01-2012 | 2012-00900322 | |
| 30-09-2009 | abbreviated format | 20-05-2010 | 2010-12400201 | |
| 30-09-2008 | abbreviated format | 24-03-2009 | 2009-08600195 | |
| 30-09-2007 | abbreviated format | 30-04-2008 | 2008-12100240 | |
| 30-09-2006 | abbreviated format | 13-02-2007 | 2007-04802663 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5,579 | -54,179 | -57,224 | 44,720 | 109,765 | 75,117 | -4,743 | -11,237 | 12,950 | 44,113 | 29,829 | 89,073 | 7,967 | 40,611 | 51,337 | 44,757 | 55,652 | ||
| -7,390 | -55,319 | -58,907 | 31,285 | 77,236 | 58,618 | -10,299 | -18,418 | -77 | 34,058 | 20,624 | 48,935 | 6,504 | 22,396 | 35,951 | 35,668 | 45,020 | ||
| -104,413 | 0 | 0 | 0 | 17,509 | 0 | -1 | 18,439 | 12,444 | 43,962 | 213,546 | 1,656 | - | 19,326 | 0 | 105,116 | 152,072 | ||
| 13,021 | 25,169 | -33,082 | -49,590 | 22,935 | 50,969 | -38,559 | 41,833 | 2,898 | 983 | -88,506 | 87,902 | - | - | 580 | -41,367 | - | ||
| 28,706 | -68,317 | -3,098 | 65,391 | 48,712 | 18,602 | -11,642 | 33,393 | 54,917 | 80,393 | 88,024 | 143,578 | 96,298 | 75,186 | 44,594 | 66,526 | 29,924 | ||
| -6.0% | -0.2% | 23.0% | 35.6% | 29.0% | 21.5% | 13.1% | 17.7% | 29.5% | 32.8% | 34.5% | 45.0% | 41.6% | 37.0% | 22.3% | 22.0% | 30.7% | ||
| 1.19 | 0.72 | 0.98 | 1.36 | 1.21 | 1.10 | 0.95 | 1.13 | 1.28 | 1.42 | 1.57 | 1.78 | 1.66 | 1.47 | 1.24 | 1.54 | 1.28 | ||
| - | - | 3.35 | 1.81 | 2.45 | 3.64 | 6.64 | 4.67 | 2.39 | 2.05 | 1.90 | 1.22 | 1.40 | 1.70 | 3.48 | 3.54 | 2.26 | ||
| - | - | -106.7% | 12.1% | 46.8% | 49.2% | -74.7% | -55.2% | -20.6% | 4.2% | 2.1% | 30.8% | 1.0% | 0.6% | 4.1% | 3.3% | 19.4% | ||
| -5.8% | -22.6% | -24.5% | 4.3% | 13.6% | 10.6% | -9.8% | -9.7% | -6.1% | 1.4% | 0.7% | 13.9% | 0.4% | 0.2% | 0.9% | 0.7% | 5.9% | ||
| -3.01 | -26.74 | -22.80 | 15.10 | 22.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 8 | 7 | - |
| full-time | 6 | 7 | 6 | - |
| part-time | - | 1 | 1 | - |
| in full-time equivalents | 6 | 7.5 | 6.5 | - |
| 7 | 6.8 | 6.9 | 6.6 | |
| On a permanent contract | 6 | 8 | 7 | 8 |
| Joined | 2 | 1 | 0 | 1 |
| Left | 2 | 0 | 1 | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €75,000 | €75,000 | - | - |
| - | €3,750 | €3,750 | - | - | |
| Carrying value of the mortgaged assets | - | €104,166 | €110,136 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €17,509 |
| €2,837 | €9,552 | €9,817 | €15,187 | €20,021 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €8,416, smaller than the loss of €63,731 in 2024.
Equity is negative. Debt (€188,307) exceeds the balance-sheet total (€177,601).
NO PROBLEM ! has no parent and no holdings in its annual accounts. is the only director. NO PROBLEM ! shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| NO PROBLEM ] registered office Emiel Hullebroecklaan 38, 8501 Kortrijk | 18-08-2005 | 2.148.609.287 |
| President Kennedypark 11 8500 Kortrijk | 11-02-2023 | 2.341.352.841 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34354D0147/00E000 | 1.6 ha | 1 · 1,637 m² | 7.4 m · 2 |
| 34016C0516/00E007 | 413 m² | 1 · 101 m² | 7.7 m · 2 |
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