NSAP
Annual accounts 2025
micro format, filed on 08-01-2026, 23 days before the deadline€40,757
▲ 121%
€19,693
▲ €21,351
€38,536
▲ 281%
€28,382
▲ 174%
53.5%
▼ 6.3 percentage points
2.43
▲ 0.57
Money flows
no detail for 2025Balance sheet
balance sheet total €95,982 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
53.5%
Higher than 58% of 35,136 companies in 2025.
2.43
Higher than 63% of 34,510 companies in 2025.
9.9%
Higher than 58% of 34,711 companies in 2025.
NSAP
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
95,982 | 69,945 | 113,315 | 57,159 | 30,422 | 15,309 | 19,617 | 36,832 | 39,203 | 41,066 | 41,779 | 52,431 | |
20 |
- | - | - | - | - | - | - | - | 289 | 578 | 867 | 1,156 | |
21/28 |
33,526 | 17,628 | 25,623 | 3,937 | 867 | 2,096 | 3,389 | 484 | 1,041 | 5,965 | 12,012 | 18,463 | |
22/27 |
33,289 | 17,391 | 25,386 | 3,699 | 630 | 1,859 | 3,152 | 247 | 804 | 5,150 | 10,908 | 17,307 | |
23 |
2,089 | 3,488 | 2,539 | 3,342 | 630 | 1,859 | 3,152 | 247 | 804 | 723 | 648 | 1,727 | |
24 |
5,091 | 13,903 | 22,847 | 357 | - | - | - | - | - | 205 | 411 | 103 | |
25 |
26,108 | - | - | - | - | - | - | - | - | - | - | - | |
28 |
237 | 237 | 237 | 237 | 237 | 237 | 237 | 237 | 237 | 237 | 237 | - | |
29/58 |
62,456 | 52,317 | 87,692 | 53,223 | 29,555 | 13,212 | 16,228 | 36,348 | 37,873 | 35,102 | 29,767 | 33,968 | |
3 |
17,438 | 9,742 | - | - | - | - | - | - | - | - | - | - | |
30/36 |
17,438 | 9,742 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
38,536 | 27,613 | 28,591 | 19,952 | 29,505 | 10,371 | 10,767 | 24,388 | 26,480 | 19,477 | 15,741 | 12,796 | |
40 |
37,589 | 27,064 | 23,967 | 16,378 | 25,610 | 9,098 | 8,415 | 22,448 | 24,406 | 15,841 | 12,266 | 11,041 | |
41 |
947 | 549 | 4,623 | 3,574 | 3,895 | 1,273 | 2,352 | 1,941 | 2,074 | 3,636 | 3,476 | 1,755 | |
54/58 |
6,483 | 14,332 | 58,102 | 32,962 | 50 | 2,143 | 4,312 | 10,313 | 9,877 | 14,091 | 12,469 | 19,652 | |
490/1 |
- | 630 | 999 | 309 | - | 698 | 1,149 | 1,647 | 1,516 | 1,533 | 1,557 | 1,520 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
95,982 | 69,945 | 113,315 | 57,159 | 30,422 | 15,309 | 19,617 | 36,832 | 39,203 | 41,066 | 41,779 | 52,431 | |
10/15 |
51,345 | 41,806 | 46,223 | 39,675 | 28,122 | 12,504 | 19,226 | 24,206 | 27,633 | 29,667 | 26,258 | 28,418 | |
10/11 |
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | |
11 |
- | - | 7,000 | 7,000 | 7,000 | - | - | - | - | - | - | - | |
1109/19 |
- | - | 7,000 | 7,000 | 7,000 | - | - | - | - | - | - | - | |
13 |
42,860 | 33,360 | 36,360 | 29,860 | 19,860 | 4,860 | 4,860 | 4,860 | 4,860 | 4,860 | 1,860 | 1,860 | |
130/1 |
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 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
41,000 | 31,500 | 34,500 | 28,000 | 18,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | - | |
14 |
1,485 | 1,446 | 2,863 | 2,815 | 1,262 | 644 | 7,366 | 12,346 | 15,773 | 17,807 | 17,398 | 19,558 | |
17/49 |
44,637 | 28,139 | 67,091 | 17,484 | 2,300 | 2,805 | 391 | 12,626 | 11,571 | 11,400 | 15,521 | 24,012 | |
17 |
18,886 | - | - | - | - | - | - | - | - | - | 7,241 | 12,555 | |
170/4 |
18,886 | - | - | - | - | - | - | - | - | - | 7,241 | 12,555 | |
42/48 |
25,752 | 28,139 | 67,091 | 17,484 | 2,300 | 2,805 | 391 | 12,626 | 11,571 | 11,400 | 8,280 | 11,457 | |
42 |
3,205 | 9,209 | 17,568 | - | - | - | - | - | 2,644 | 7,387 | 5,461 | 5,088 | |
44 |
5,732 | 13,028 | 38,964 | 7,844 | - | 2,805 | 391 | 1,055 | 640 | 1,042 | 758 | 3,558 | |
440/4 |
5,732 | 13,028 | 38,964 | 7,844 | - | 2,805 | 391 | 1,055 | 640 | 1,042 | 758 | 3,558 | |
45 |
16,175 | 5,903 | 10,560 | 8,840 | 1,500 | - | - | - | - | 800 | 450 | - | |
450/3 |
5,172 | - | 2,713 | 4,400 | 1,500 | - | - | - | - | 800 | - | - | |
454/9 |
11,003 | 5,903 | 7,847 | 4,440 | - | - | - | - | - | - | 450 | - | |
47/48 |
640 | - | - | 800 | 800 | - | - | 11,571 | 8,287 | 2,170 | 1,612 | 2,811 | |
| Income statement | |||||||||||||
70 |
- | - | - | 240,365 | - | 94,469 | 90,546 | - | - | 174,486 | - | - | |
9900 |
40,757 | 18,455 | 31,499 | 18,098 | 20,476 | -4,801 | -2,471 | -1,576 | 7,139 | 12,653 | 7,477 | 9,790 | |
60/61 |
- | - | - | 222,375 | - | 101,414 | 94,320 | - | - | 162,073 | - | - | |
62 |
490 | 8,055 | 13,353 | - | - | - | - | - | - | - | - | - | |
630 |
18,843 | 11,778 | 7,789 | 920 | 1,961 | 1,717 | 1,823 | 846 | 8,278 | 6,978 | 7,612 | 8,548 | |
640/8 |
1,731 | 280 | 1,131 | 357 | 537 | 149 | 633 | 954 | 674 | 699 | 894 | 679 | |
9901 |
19,693 | -1,658 | 9,226 | 16,821 | 17,978 | -6,667 | -4,927 | -3,376 | -1,812 | 4,976 | -1,029 | 563 | |
75/76B |
- | 3 | 81 | 0 | 0 | - | 0 | - | 8 | 13 | 20 | 58 | |
75 |
- | 3 | 81 | 0 | 0 | - | 0 | - | 8 | 13 | 20 | 58 | |
65/66B |
4,881 | 177 | 109 | 68 | 60 | 55 | 53 | 51 | 358 | 778 | 1,151 | 1,471 | |
65 |
4,881 | 177 | 109 | 68 | 60 | 55 | 53 | 51 | 358 | 778 | 1,151 | 1,471 | |
9903 |
14,813 | -1,832 | 9,198 | 16,754 | 17,918 | -6,722 | -4,980 | -3,427 | -2,163 | 4,211 | -2,160 | -849 | |
67/77 |
5,274 | -415 | 2,650 | 4,400 | 1,500 | - | - | - | -129 | 802 | - | -19 | |
9904 |
9,539 | -1,417 | 6,548 | 12,354 | 16,418 | -6,722 | -4,980 | -3,427 | -2,034 | 3,408 | -2,160 | -831 | |
9905 |
9,539 | -1,417 | 6,548 | 12,354 | 16,418 | -6,722 | -4,980 | -3,427 | -2,034 | 3,408 | -2,160 | -831 | |
| Appropriation of the result | |||||||||||||
9906 |
10,985 | 1,446 | 9,363 | 13,615 | 17,062 | 644 | 7,366 | 12,346 | 15,773 | 20,807 | 17,398 | 19,558 | |
14P |
1,446 | 2,863 | 2,815 | 1,262 | - | - | - | - | - | - | - | - | |
791/2 |
- | 3,000 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
9,500 | - | 6,500 | 10,000 | 15,000 | - | - | - | - | 3,000 | - | - | |
6921 |
9,500 | - | 6,500 | 10,000 | 15,000 | - | - | - | - | 3,000 | - | - | |
694/7 |
- | 3,000 | - | 800 | 800 | - | - | - | - | - | - | - | |
694 |
- | 3,000 | - | 800 | 800 | - | - | - | - | - | - | - | |
| Document | |||||||||||||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-01-2026.
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 | 08-01-2026 | 2026-00005227 | |
| 30-06-2024 | micro format | 16-01-2025 | 2025-00006561 | |
| 30-06-2023 | micro format | 08-01-2024 | 2024-00000927 | |
| 30-06-2022 | micro format | 22-12-2022 | 2022-20547992 | |
| 30-06-2021 | full format | 23-12-2021 | 2021-81600420 | |
| 30-06-2020 | full format | 22-01-2021 | 2021-01600600 | |
| 30-06-2019 | full format | 29-01-2020 | 2020-03200556 | |
| 30-06-2018 | full format | 13-02-2019 | 2019-05100121 | |
| 30-06-2017 | full format | 15-02-2018 | 2018-05100088 | |
| 30-06-2016 | full format | 27-02-2017 | 2017-05400345 | |
| 30-06-2015 | full format | 11-02-2016 | 2016-04400564 | |
| 30-06-2014 | full format | 09-02-2015 | 2015-04100019 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38,536 | 10,120 | 17,015 | 17,742 | 19,939 | -4,950 | -3,104 | -2,530 | 6,466 | 11,954 | 6,583 | 9,111 | ||
| 28,382 | 10,361 | 14,337 | 13,274 | 18,379 | -5,005 | -3,157 | -2,581 | 6,244 | 10,387 | 5,451 | 7,717 | ||
| 34,741 | 3,783 | 29,476 | 3,990 | 731 | 425 | 4,727 | 289 | 3,643 | 931 | 1,161 | 1,329 | ||
| -7,850 | -43,770 | 25,140 | 32,912 | -2,093 | -2,169 | -6,001 | 436 | -4,214 | 1,622 | -7,182 | - | ||
| 36,704 | 24,178 | 20,600 | 35,739 | 27,255 | 10,407 | 15,837 | 23,722 | 26,303 | 23,702 | 21,487 | 22,511 | ||
| - | - | - | 7.0% | - | -7.1% | -5.4% | - | - | 2.9% | - | - | ||
| 53.5% | 59.8% | 40.8% | 69.4% | 92.4% | 81.7% | 98.0% | 65.7% | 70.5% | 72.2% | 62.8% | 54.2% | ||
| 2.43 | 1.86 | 1.31 | 3.04 | 12.85 | 4.71 | 41.52 | 2.88 | 3.27 | 3.08 | 3.59 | 2.96 | ||
| 1.75 | 1.51 | 1.31 | 3.04 | 12.85 | 4.71 | 41.52 | 2.88 | 3.27 | 3.08 | 3.59 | 2.96 | ||
| 0.87 | 0.67 | 1.45 | 0.44 | 0.08 | 0.22 | 0.02 | 0.52 | 0.42 | 0.38 | 0.59 | 0.84 | ||
| 18.6% | -3.4% | 14.2% | 31.1% | 58.4% | -53.8% | -25.9% | -14.2% | -7.4% | 11.5% | -8.2% | -2.9% | ||
| 9.9% | -2.0% | 5.8% | 21.6% | 54.0% | -43.9% | -25.4% | -9.3% | -5.2% | 8.3% | -5.2% | -1.6% | ||
| 7.90 | 57.08 | over 100 | over 100 | - | - | - | - | - | - | - | - | ||
| - | - | - | 25 days | - | 35 days | 34 days | - | - | 33 days | - | - | ||
| - | - | - | 13 days | - | 10 days | 2 days | - | - | 2 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 | €34,741 | €3,783 | €29,476 | €3,990 |
| €18,843 | €11,778 | €7,789 | €920 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NSAP
The operating result for 2025 is a profit of €19,693, after a loss of €1,658 in 2024. It is the highest result since 2014.
Debt's share of the balance-sheet total rises from 40.2% to 46.5%. Equity and debt are higher.