NT2
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 12 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,201▼ 1.6%
2024 · -€3,151
Working capital
-€703,593▼ 0.5%
2024 · -€700,392
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€3,007
▼ 1.1%
2025
20182025
Net result
-€3,201
▼ 1.6%
2025
20182025
Equity
€1.2m
▼ 0.3%
2025
20182025
Total assets
€2.0m
▼ 0.1%
2025
20182025
Debt
€804,129
▲ 0.1%
2025
20182025
Working capital
-€703,593
▼ 0.5%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.003m--€0.003m▼ 8.0%-€0.003m▲ 7.8%-€0.003m▼ 5.9%-€0.003m▼ 1.2%-€0.003m▲ 5.5%-€0.003m▼ 3.5%-€0.003m▼ 1.1%
Net result-€0.008m--€0.006m▲ 24.6%€0.09m-€0.003m-€0.003m▼ 1.4%-€0.003m▲ 4.0%-€0.003m▲ 1.9%-€0.003m▼ 1.6%
Equity€1.2m-€1.2m▼ 0.5%€1.3m▲ 8.2%€1.3m▼ 0.3%€1.3m▼ 0.3%€1.2m▼ 0.3%€1.2m▼ 0.3%€1.2m▼ 0.3%
Total assets€1.5m-€1.9m▲ 27.3%€2.0m▲ 9.6%€2.0m=€2.0m▼ 0.1%€2.0m▼ 0.1%€2.0m▲ 0.1%€2.0m▼ 0.1%
Debt€0.3m-€0.7m▲ 137%€0.8m▲ 12.1%€0.8m▲ 0.5%€0.8m▲ 0.2%€0.8m▲ 0.2%€0.8m▲ 0.6%€0.8m▲ 0.1%
Working capital-€0.1m--€0.6m▼ 341%-€0.7m▼ 20.0%-€0.7m▼ 0.5%-€0.7m▼ 0.2%-€0.7m▼ 0.5%-€0.7m▼ 0.5%-€0.7m▼ 0.5%
The operating result for 2025 is a loss of €3,007, larger than the loss of €2,973 in 2024. It is the lowest result since 2022.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.9m =
Current assets
€100,536 ▼ 2.0%
Equity and liabilities €2.0m
Equity
€1.2m ▼ 0.3%
Debt
€804,129 ▲ 0.1%
Debt's share of the balance-sheet total rises from 39.2% to 39.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.13▼
2024 · 0.13
Debt to equity
0.65▲
2024 · 0.64
ROE
-0.3%▼
2024 · -0.3%
ROA
-0.2%▼
2024 · -0.2%
Debt ≤ 1 year
€804,129▲
2024 · €802,979
Supplier credit
147 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | €87,894 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €2,879 | €2,889 | €2,723 | €2,822 | €2,856 | ▲ 1.2% |
| Gross operating margin9900 | -€2,708 | -€3,076 | -€2,835 | -€3,004 | -€3,040 | -€2,874 | -€2,973 | -€3,007 | ▼ 1.1% |
| Operating profit (loss)9901 | -€2,848 | -€3,076 | -€2,835 | -€3,004 | -€3,040 | -€2,874 | -€2,973 | -€3,007 | ▼ 1.1% |
| Recurring financial income75 | - | - | €100,000 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €299 | €308 | €340 | €178 | €194 | ▲ 9.2% |
| Recurring financial charges65 | €4,552 | €3,261 | €2,213 | €299 | €308 | €340 | €178 | €194 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | -€7,400 | -€6,337 | €94,951 | -€3,303 | -€3,348 | -€3,214 | -€3,151 | -€3,201 | ▼ 1.6% |
| Income taxes67/77 | €1,004 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€8,404 | -€6,337 | €94,951 | -€3,303 | -€3,348 | -€3,214 | -€3,151 | -€3,201 | ▼ 1.6% |
| Profit (loss) for the period to be appropriated9905 | -€8,404 | -€6,337 | €94,951 | -€3,303 | -€3,348 | -€3,214 | -€3,151 | -€3,201 | ▼ 1.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.9m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▼ 0.1% |
| Fixed assets21/28 | €1.4m | €1.7m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Financial fixed assets28 | €1.4m | €1.7m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Current assets29/58 | €0.04m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.0% |
| Amounts receivable within one year40/41 | - | €200 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Cash at bank and in hand54/58 | €0.04m | €0.1m | €426 | €0.001m | €0.002m | €0.001m | €0.002m | €336 | ▼ 85.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.9m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▼ 0.1% |
| Equity10/15 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | €1.2m | €1.2m | €1.2m | ▼ 0.3% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Capital10 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Reserves13 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Profit (loss) carried forward14 | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 0.3% |
| Amounts payable17/49 | €0.3m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▲ 0.1% |
| Amounts payable after more than one year17 | €0.1m | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▲ 0.1% |
| Trade debts44 | €30 | €30 | €0.001m | €0.001m | €0.001m | - | - | €0.001m | - |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | - | - | €0.001m | - |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,404 | -€6,337 | €94,951 | -€3,303 | -€3,348 | -€3,214 | -€3,151 | -€3,201 | ▼ 1.6% |
| Operating cash flow (approximation) | -€8,404 | -€6,337 | €94,951 | -€3,303 | -€3,348 | -€3,214 | -€3,151 | -€3,201 | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | -€309,583 | -€209,852 | €0 | €2,056 | €0 | €0 | €0 | - |
| Change in cash | - | €91,126 | -€129,789 | €667 | €678 | -€1,233 | €1,849 | -€2,052 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 19-06-2026 | 2026-00184238 | |
| 31-12-2024 | full format | 07-07-2025 | 2025-00239138 | |
| 31-12-2023 | full format | 24-06-2024 | 2024-00162022 | |
| 31-12-2022 | full format | 22-06-2023 | 2023-00153512 | |
| 31-12-2021 | full format | 23-06-2022 | 2022-20091202 | |
| 31-12-2020 | full format | 17-08-2021 | 2021-49600434 | |
| 31-12-2019 | full format | 27-08-2020 | 2020-46000582 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-49300441 | |
| 31-12-2017 | full format | 02-07-2018 | 2018-27200435 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-21700052 |