NTCS
Annual accounts 2025
micro format, filed on 15-07-2026, 16 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 ≈ €99,000. Estimated: probably between €47,000 and €200,000.
Balance sheet
balance sheet total €42,621 on 31-12-2025in euro
in euro
Position in the sector
61.6%
Higher than 56% of 39,368 companies in 2025.
2.56
Higher than 57% of 38,051 companies in 2025.
36.6%
Higher than 77% of 38,523 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
42,621 | 28,452 | 22,438 | |
21/28 |
797 | 2,251 | 2,249 | |
22/27 |
797 | 2,251 | 2,249 | |
23 |
631 | 1,044 | - | |
24 |
166 | 1,207 | 2,249 | |
29/58 |
41,824 | 26,201 | 20,189 | |
40/41 |
6,549 | 11,915 | 8,756 | |
40 |
6,535 | 6,050 | 4,538 | |
41 |
14 | 5,865 | 4,219 | |
54/58 |
35,275 | 14,286 | 11,433 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
42,621 | 28,452 | 22,438 | |
10/15 |
26,274 | 10,689 | 11,723 | |
10/11 |
7,000 | 7,000 | 7,000 | |
14 |
19,274 | 3,689 | 4,723 | |
17/49 |
16,346 | 17,764 | 10,715 | |
42/48 |
16,346 | 17,764 | 10,715 | |
44 |
- | - | 213 | |
440/4 |
- | - | 213 | |
45 |
8,953 | 9,164 | 10,502 | |
450/3 |
8,953 | 9,164 | 10,502 | |
47/48 |
7,394 | 8,600 | - | |
| Income statement | ||||
9900 |
21,489 | 11,271 | 7,489 | |
630 |
1,454 | 1,237 | 876 | |
640/8 |
511 | 497 | 634 | |
9901 |
19,523 | 9,537 | 5,979 | |
75/76B |
72 | 92 | 10 | |
75 |
72 | 92 | 10 | |
65/66B |
90 | 88 | 28 | |
65 |
90 | 88 | 28 | |
9903 |
19,505 | 9,541 | 5,960 | |
67/77 |
3,919 | 1,975 | 1,237 | |
9904 |
15,586 | 7,566 | 4,723 | |
9905 |
15,586 | 7,566 | 4,723 | |
| Appropriation of the result | ||||
9906 |
19,274 | 12,289 | 4,723 | |
14P |
3,689 | 4,723 | - | |
694/7 |
- | 8,600 | - | |
694 |
- | 8,600 | - | |
| Document | ||||
The notes to these accounts have 4 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 15-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 20,978 | 10,773 | 6,855 | ||
| 17,040 | 8,802 | 5,599 | ||
| 0 | 1,239 | 3,125 | ||
| 20,988 | 2,853 | - | ||
| 25,478 | 8,438 | 9,474 | ||
| 61.6% | 37.6% | 52.2% | ||
| 2.56 | 1.47 | 1.88 | ||
| 0.62 | 1.66 | 0.91 | ||
| 59.3% | 70.8% | 40.3% | ||
| 36.6% | 26.6% | 21.0% | ||
| over 100 | over 100 | over 100 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €1,239 | €3,125 |
| €1,454 | €1,237 | €876 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on NTCS
The operating result for 2025 is 105% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 62.4% to 38.4%. Equity is higher and debt is lower.