Equity
NUBERA paid out €500,000 in dividends. That is 27% of the 2025 profit.
NUBERA paid out €500,000 in dividends. That is 27% of the 2025 profit.
The result rose in 2025 from €274,975 to €1.9m.
Debts rose by €2.2m in 2025.
Between 2021 and 2025, 52% of the full-time equivalents disappeared.
Four of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 31% of them on solvency, 49% on liquidity, 82% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as NUBERA has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of NUBERA itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 34,693 companies, not a prediction for NUBERA. 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.
Liquidity is ample, with a current ratio of 7.34 (16.88 in 2024), above the usual 1.5. Short-term debt is 13.5% and cash 14.5% of total assets. However, 67.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| NUBERA Machelen (Brab.) | €7.0m | €3.0m | 32.7% | 5.5 |
| CommVault Systems (Belgium) Leuven | €9.7m | €3.3m | 8.0% | 7.7 |
| Innovative Systems Provider International Kraainem | €4.8m | €2.5m | 29.7% | 4.8 |
| SILDOICO Lommel | €6.0m | €2.0m | 54.1% | 7.6 |
| NETAXIS SOLUTIONS Ixelles | €12.6m | €2.7m | 31.9% | 6.1 |
| Tigron Zaventem | €6.3m | €1.9m | 75.5% | 10.2 |
| CISSOID Mont-Saint-Guibert | €6.4m | €3.8m | 49.7% | 9.3 |
These companies have the same main activity as NUBERA: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €4.8m and €13m, founded between 2000 and 2016.
NUBERA files the abbreviated format. That format states no turnover. The gross margin rose from -€2,786 in 2012 to €3.0m in 2025.
In February 2022, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €7.1m. Estimated: probably between €5.6m and €10.0m.
Higher than 38% of 3,405 companies in 2025.
Higher than 88% of 3,266 companies in 2025.
Higher than 81% of 3,314 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
7.0m | 3.4m | 3.0m | 3.1m | 2.3m | 1.4m | 1.4m | 639,398 | 684,680 | 374,090 | 771,132 | 270,727 | 91,205 | 14,824 | |
20 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
21/28 |
51,326 | 44,425 | 63,405 | 74,100 | 65,921 | 122,650 | 125,234 | 26,143 | 48,310 | 80,855 | 104,331 | 31,005 | - | 178 | |
21 |
- | - | - | - | 50,192 | 100,383 | 100,383 | 0 | - | - | - | - | - | - | |
22/27 |
45,226 | 38,325 | 57,305 | 68,000 | 9,630 | 17,566 | 16,450 | 23,743 | 45,930 | 76,255 | 102,031 | 31,005 | - | - | |
22 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
24 |
45,226 | 38,325 | 57,305 | 68,000 | 9,630 | 17,566 | 16,450 | 11,216 | 9,230 | 7,882 | 5,734 | 1,791 | - | - | |
26 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
28 |
6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 4,700 | 8,400 | 2,400 | 2,380 | 4,600 | 2,300 | - | - | 178 | |
29/58 |
6.9m | 3.3m | 3.0m | 3.0m | 2.2m | 1.3m | 1.2m | 613,256 | 636,370 | 293,235 | 666,801 | 239,722 | 91,205 | 14,646 | |
29 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
40/41 |
1.4m | 203,804 | 2.3m | 2.8m | 2.1m | 728,368 | 1.2m | 536,638 | 570,937 | 176,836 | 523,816 | 195,218 | 53,728 | 14,443 | |
40 |
404,612 | 17,258 | 1.5m | 2.5m | 2.1m | 502,728 | 1.2m | 536,638 | 551,009 | 105,082 | 439,221 | 171,177 | 48,898 | 13,000 | |
41 |
1.0m | 186,546 | 806,851 | 245,687 | 3,529 | 225,640 | 3,030 | 0 | 19,928 | 71,754 | 84,595 | 24,041 | 4,830 | 1,443 | |
50/53 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
54/58 |
1.0m | 607,945 | 561,228 | 231,412 | 85,367 | 508,730 | 32,436 | 40,111 | 60,473 | 105,670 | 135,763 | 40,659 | 37,477 | 203 | |
490/1 |
4.5m | 2.5m | 157,873 | 7,597 | 9,469 | 17,023 | 43,057 | 36,507 | 4,960 | 10,729 | 7,222 | 3,845 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
7.0m | 3.4m | 3.0m | 3.1m | 2.3m | 1.4m | 1.4m | 639,398 | 684,680 | 374,090 | 771,132 | 270,727 | 91,205 | 14,824 | |
10/15 |
2.3m | 895,442 | 620,467 | 276,950 | 201,821 | 209,871 | 76,608 | 15,057 | -115,030 | -437,287 | 101,873 | 12,958 | 21,269 | 14,694 | |
10/11 |
68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 68,600 | 68,600 | 68,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
11 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | - | - | - | |
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 | 1,860 | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
14 |
2.2m | 824,982 | 550,007 | 206,490 | 131,361 | 139,411 | 6,148 | -55,403 | -185,490 | -457,747 | 81,413 | -7,502 | 809 | -3,906 | |
15 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
17/49 |
4.7m | 2.5m | 2.4m | 2.8m | 2.1m | 1.2m | 1.3m | 624,341 | 799,710 | 811,377 | 669,259 | 257,769 | 69,937 | 130 | |
17 |
- | 100,194 | 110,364 | 120,264 | 145,000 | 145,000 | 145,000 | 171,887 | 195,096 | 180,728 | 107,599 | 47,728 | 27,083 | - | |
170/4 |
- | 100,194 | 110,364 | 120,264 | 145,000 | 145,000 | 145,000 | 171,887 | 195,096 | 180,728 | 107,599 | 47,728 | 27,083 | - | |
175 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
42/48 |
943,472 | 198,067 | 2.3m | 1.2m | 1.9m | 1.0m | 1.1m | 440,913 | 599,260 | 627,037 | 561,661 | 209,907 | 26,853 | 130 | |
42 |
55,184 | 60,160 | 9,900 | 9,661 | - | 82,499 | 9,045 | 23,209 | 23,863 | 65,163 | 26,134 | 6,684 | 22,917 | - | |
43 |
- | - | - | - | - | - | - | 0 | 200,000 | 330,000 | 52,243 | 75,920 | - | - | |
430/8 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | 0 | 200,000 | 330,000 | 52,243 | 75,920 | - | - | |
44 |
595,537 | 115,111 | 2.1m | 772,835 | 1.8m | 809,786 | 963,753 | 271,230 | 282,148 | 167,710 | 397,648 | 119,544 | 2,583 | 130 | |
440/4 |
595,537 | 115,111 | 2.1m | 772,835 | 1.8m | 809,786 | 963,753 | 271,230 | 282,148 | 167,710 | 397,648 | 119,544 | 2,583 | 130 | |
441 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
46 |
- | - | - | 9,680 | 9,680 | - | - | 0 | - | - | - | - | - | - | |
45 |
292,751 | 22,796 | 161,036 | 364,613 | 79,797 | 50,044 | 73,808 | 146,474 | 93,169 | 64,163 | 84,079 | 7,759 | 1,203 | - | |
450/3 |
267,940 | - | 161,036 | 323,928 | 29,657 | - | 8,843 | 58,552 | 55,914 | 21,794 | 50,711 | 1,244 | 1,203 | - | |
454/9 |
24,811 | 22,796 | - | 40,685 | 50,140 | 50,044 | 64,965 | 87,923 | 37,255 | 42,369 | 33,368 | 6,515 | - | - | |
47/48 |
- | - | - | - | - | 70,320 | 90,000 | 0 | 80 | - | 1,557 | - | 150 | - | |
492/3 |
3.8m | 2.2m | 51,805 | 1.5m | - | 9,251 | 9,244 | 11,541 | 5,354 | 3,612 | - | 134 | 16,000 | - | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 83,988 | |
76A |
- | - | - | - | - | 13,166 | - | - | 3,730 | - | - | - | - | - | |
9900 |
3.0m | 1.4m | 1.5m | 941,962 | 816,198 | 678,074 | 891,870 | 865,455 | 826,889 | 13,905 | 348,214 | 24,524 | 8,321 | -2,786 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 86,774 | |
62 |
575,615 | 705,103 | 968,485 | 768,086 | 816,380 | 622,478 | 669,176 | 675,570 | 497,367 | 504,781 | 165,453 | 23,120 | - | - | |
630 |
21,496 | 23,942 | 28,063 | 63,625 | 60,755 | 11,515 | 76,636 | 33,465 | 32,430 | 33,874 | 31,238 | 8,199 | - | - | |
631/4 |
- | 240,556 | - | - | - | - | 36,279 | 0 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
640/8 |
240 | 315 | 13,226 | 42 | 151 | 2,855 | 4,034 | 3,177 | 5,575 | 4,260 | 3,908 | 2,088 | 474 | 974 | |
649 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | 12,629 | 0 | 42 | 83 | - | - | - | - | |
9901 |
2.4m | 463,081 | 480,672 | 110,208 | -61,088 | 41,226 | 93,116 | 153,244 | 291,475 | -529,092 | 147,616 | -8,882 | 7,846 | -3,760 | |
75/76B |
131,943 | 29,755 | 72,448 | 1,193 | 77,599 | 100,837 | 3,183 | 0 | 1,004 | 6,149 | 283 | 5,965 | - | 5 | |
75 |
131,943 | 29,755 | 72,448 | 1,193 | 77,599 | 100,837 | 3,183 | 0 | 1,004 | 6,149 | 283 | 5,965 | - | 5 | |
76B |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
65/66B |
7,070 | 57,889 | 5,945 | 15,740 | 2,840 | 8,800 | 25,741 | 20,707 | 18,484 | 15,134 | 8,190 | 5,349 | 69 | 149 | |
65 |
7,070 | 57,889 | 5,945 | 15,740 | 2,840 | 8,800 | 25,741 | 20,707 | 18,484 | 15,134 | 8,190 | 5,349 | 69 | 149 | |
66B |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9903 |
2.5m | 434,947 | 547,175 | 95,661 | 13,672 | 133,263 | 70,559 | 132,536 | 273,995 | -538,076 | 139,709 | -8,266 | 7,777 | -3,905 | |
67/77 |
664,069 | 159,973 | 203,658 | 20,532 | 21,722 | - | 9,008 | 2,449 | 1,739 | 1,083 | 50,794 | 45 | 1,203 | 1 | |
9904 |
1.9m | 274,975 | 343,517 | 75,129 | -8,050 | 133,263 | 61,551 | 130,087 | 272,257 | -539,159 | 88,915 | -8,311 | 6,574 | -3,906 | |
789 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9905 |
1.9m | 274,975 | 343,517 | 75,129 | -8,050 | 133,263 | 61,551 | 130,087 | 272,257 | -539,159 | 88,915 | -8,311 | 6,574 | -3,906 | |
| Appropriation of the result | |||||||||||||||
9906 |
2.7m | 824,982 | 550,007 | 206,490 | 131,361 | 139,411 | 6,148 | -55,403 | -185,490 | -457,747 | 81,413 | -7,502 | 2,669 | -3,906 | |
14P |
824,982 | 550,007 | 206,490 | 131,361 | 139,411 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 0 | - | - | - | - | 1,860 | - | |
691 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 0 | - | - | - | - | 1,860 | - | |
6921 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
694/7 |
500,000 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
694 |
500,000 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
696 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
5.5 | 7.5 | 9.7 | 9.8 | 11.5 | 8.3 | 9.3 | 10.1 | 6.9 | 7.8 | 3.7 | 0.7 | - | - | |
Hours worked1013 |
9,744 | 13,298 | 17,030 | 17,123 | 20,267 | 14,762 | 16,163 | 16,128 | 12,220 | 14,087 | 6,452 | 1,240 | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 8 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 09-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00283554 | |
| 31-12-2024 | abbreviated format | 07-07-2025 | 2025-00250770 | |
| 31-12-2023 | abbreviated format | 26-08-2024 | 2024-00386501 | |
| 31-12-2022 | abbreviated format | 04-07-2023 | 2023-00206494 | |
| 31-12-2021 | abbreviated format | 20-07-2022 | 2022-20211016 | |
| 31-12-2020 | micro format | 11-08-2021 | 2021-47900482 | |
| 31-12-2019 | abbreviated format | 23-07-2020 | 2020-33400543 | |
| 31-12-2018 | abbreviated format | 02-08-2019 | 2019-43500216 | |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-37200303 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-53300523 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-26400275 | |
| 31-12-2014 | abbreviated format | 02-07-2015 | 2015-25000199 | |
| 31-12-2013 | abbreviated format | 23-07-2014 | 2014-32700390 | |
| 31-12-2012 | abbreviated format | 11-07-2013 | 2013-29900249 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.4m | 487,023 | 508,735 | 173,834 | -333 | 52,741 | 169,753 | 186,708 | 323,905 | -495,218 | 178,854 | -683 | - | - | ||
| 1.9m | 298,917 | 371,580 | 138,755 | 52,705 | 144,778 | 138,187 | 163,552 | 304,687 | -505,285 | 120,153 | -112 | - | - | ||
| 28,397 | 4,962 | 17,369 | 71,804 | 4,026 | 12,631 | 175,240 | 12,041 | 9,684 | 10,780 | 104,565 | 39,204 | - | 178 | ||
| 402,335 | 46,717 | 329,816 | 146,045 | -423,364 | 476,294 | -7,674 | -20,363 | -45,196 | -30,093 | 95,104 | 3,182 | 37,274 | - | ||
| 6.0m | 3.1m | 719,230 | 1.9m | 280,899 | 241,472 | 105,618 | 172,343 | 37,110 | -333,802 | 105,140 | 29,815 | 64,352 | 14,516 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -4.5% | ||
| 32.7% | 26.4% | 20.4% | 9.0% | 8.9% | 15.2% | 5.6% | 2.4% | -16.8% | -116.9% | 13.2% | 4.8% | 23.3% | 99.1% | ||
| 7.34 | 16.88 | 1.32 | 2.60 | 1.15 | 1.24 | 1.09 | 1.39 | 1.06 | 0.47 | 1.19 | 1.14 | 3.40 | - | ||
| 2.06 | 2.78 | 3.91 | 10.12 | 10.27 | 5.56 | 16.85 | 41.46 | - | - | 6.57 | 19.89 | 3.29 | 0.01 | ||
| 82.6% | 30.7% | 55.4% | 27.1% | -4.0% | 63.5% | 80.3% | 864.0% | - | - | 87.3% | -64.1% | 30.9% | -26.6% | ||
| 27.0% | 8.1% | 11.3% | 2.4% | -0.4% | 9.7% | 4.5% | 20.3% | 39.8% | -144.1% | 11.5% | -3.1% | 7.2% | -26.3% | ||
| over 100 | 8.41 | 85.57 | 11.04 | -0.12 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 56 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 1 day |
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 6 | 7 | 10 | 12 |
| full-time | 6 | 5 | 7 | 10 | 12 |
| part-time | 2 | 1 | - | - | - |
| in full-time equivalents | 7.1 | 5.9 | 7 | 10 | 12 |
| 5.5 | 7.5 | 9.7 | 9.8 | 11.5 | |
| On a permanent contract | 7 | 6 | 7 | 10 | 12 |
| Joined | 3 | 1 | 2 | 1 | 5 |
| Left | 1 | 2 | 5 | 3 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €28,397 | €4,962 | €17,369 | €71,804 | €2,626 |
| Financial fixed assets | - | - | - | - | €1,400 |
| €21,496 | €23,942 | €28,063 | €63,625 | €60,755 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 5.2 times that of 2024 and the highest since 2012. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 73.6% to 67.3%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2019 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2019, in their own currency.
| KONE BELGIUM
establishment since 17-05-2022 · founded in 1988 · group KONE OYJ |
664 FTE (2025) 0436.407.453 |
| PROJECTIVE HOLDING
registered office since 02-06-2022 · founded in 2022 |
total assets €159.9m (2025) 0786.786.893 |
| iO Belgium
establishment since 01-07-2024 · founded in 2003 |
429 FTE (2025) 0861.085.232 |
| Tysers Belgium
registered office since 01-12-2016 · founded in 2016 |
turnover €23.4m (2025) 0664.798.408 |
| Fortinet Belgium BV
registered office since 17-10-2019 · founded in 2019 |
86 FTE (2025) 0736.509.320 |
| Netapp Belgium
registered office since 23-06-2000 · founded in 2000 |
11 FTE (2025) 0471.921.826 |
| Seco Tools Benelux
registered office since 01-09-1974 · founded in 1974 |
7.4 FTE (2025) 0414.389.146 |
| PROJECTIVE
registered office since 26-12-2006 · founded in 2006 · group PROJECTIVE HOLDING |
55 FTE (2025) 0885.932.969 |
| VeriPark Europe
registered office since 28-11-2016 · founded in 2016 |
2.3 FTE (2025) 0666.738.804 |
| JONES ENGINEERING GROUP BELGIUM
registered office since 07-04-2016 · founded in 2016 |
6.1 FTE (2025) 0651.706.772 |
The network starts from the directors of NUBERA. Every other company they run is a node.
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 |
|---|---|---|
| De Kleetlaan 5 registered office 1831 Machelen (Brab.) | 13-05-2011 | 2.199.203.202 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23015B0091/00Z003 | 8,805 m² | 1 · 1,328 m² | 26.1 m · 7 |
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