ODB
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 12 days after the deadline Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393786.
Annual accounts 2025 filed on 12-08-2026 at the NBB all 6 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,195▲ 9.1%
2024 · -€4,616
Working capital
-€90,422▼ 4.9%
2024 · -€86,228
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
-€3,196
▲ 22.8%
2025
20202025
Net result
-€4,195
▲ 9.1%
2025
20202025
Equity
-€15,753
▼ 36.3%
2025
20202025
Total assets
€91,068
▲ 18.3%
2025
20202025
Debt
€106,822
▲ 20.7%
2025
20202025
Working capital
-€90,422
▼ 4.9%
2025
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€2,226--€2,136▲ 4.1%-€2,855▼ 33.7%-€1,075▲ 62.3%-€4,142▼ 285%-€3,196▲ 22.8%
Net result-€2,226--€2,136▲ 4.1%-€2,884▼ 35.0%-€1,197▲ 58.5%-€4,616▼ 286%-€4,195▲ 9.1%
Equity-€726--€2,862▼ 294%-€5,746▼ 101%-€6,943▼ 20.8%-€11,559▼ 66.5%-€15,753▼ 36.3%
Total assets€1,500-€409▼ 72.7%€25▼ 93.9%€154▲ 517%€76,980▲ 500×€91,068▲ 18.3%
Debt€2,226-€3,271▲ 46.9%€5,771▲ 76.4%€7,096▲ 23.0%€88,538▲ 12×€106,822▲ 20.7%
Working capital-€726--€2,862▼ 294%-€5,746▼ 101%-€6,943▼ 20.8%-€86,228▼ 1,142%-€90,422▼ 4.9%
The operating result for 2025 is a loss of €3,196, smaller than the loss of €4,142 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,068
Fixed assets
€74,669 =
Current assets
€16,399 ▲ 610%
Equity and liabilities
Equity-€15,753
Debt€106,822
Equity is negative. Debt (€106,822) exceeds the balance-sheet total (€91,068).
Key figures and ratios
Solvency
-17.3%▼
2024 · -15.0%
Current ratio
0.15▲
2024 · 0.03
ROA
-4.6%▲
2024 · -6.0%
Debt ≤ 1 year
€106,822▲
2024 · €88,538
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | - | - | - | €74,669 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | €398 | €848 | ▲ 113% |
| Gross operating margin9900 | -€2,226 | -€2,136 | -€2,855 | -€1,075 | -€3,744 | -€2,348 | ▲ 37.3% |
| Operating profit (loss)9901 | -€2,226 | -€2,136 | -€2,855 | -€1,075 | -€4,142 | -€3,196 | ▲ 22.8% |
| Financial income75/76B | - | - | - | - | - | €2 | - |
| Recurring financial income75 | - | - | - | - | - | €2 | - |
| Financial charges65/66B | - | - | €30 | €121 | €474 | €1,001 | ▲ 111% |
| Recurring financial charges65 | - | - | €30 | €121 | €474 | €1,001 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | -€2,226 | -€2,136 | -€2,884 | -€1,197 | -€4,616 | -€4,195 | ▲ 9.1% |
| Profit (loss) for the period9904 | -€2,226 | -€2,136 | -€2,884 | -€1,197 | -€4,616 | -€4,195 | ▲ 9.1% |
| Profit (loss) for the period to be appropriated9905 | -€2,226 | -€2,136 | -€2,884 | -€1,197 | -€4,616 | -€4,195 | ▲ 9.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1,500 | €409 | €25 | €154 | €76,980 | €91,068 | ▲ 18.3% |
| Fixed assets21/28 | - | - | - | - | €74,669 | €74,669 | = |
| Financial fixed assets28 | - | - | - | - | €74,669 | €74,669 | = |
| Current assets29/58 | €1,500 | €409 | €25 | €154 | €2,311 | €16,399 | ▲ 610% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €15,002 | - |
| Other amounts receivable41 | - | - | - | - | - | €15,002 | - |
| Cash at bank and in hand54/58 | €1,500 | €409 | €25 | €154 | €2,311 | €1,398 | ▼ 39.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1,500 | €409 | €25 | €154 | €76,980 | €91,068 | ▲ 18.3% |
| Equity10/15 | -€726 | -€2,862 | -€5,746 | -€6,943 | -€11,559 | -€15,753 | ▼ 36.3% |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | -€2,226 | -€4,362 | -€7,246 | -€8,443 | -€13,059 | -€17,253 | ▼ 32.1% |
| Amounts payable17/49 | €2,226 | €3,271 | €5,771 | €7,096 | €88,538 | €106,822 | ▲ 20.7% |
| Amounts payable within one year42/48 | €2,226 | €3,271 | €5,771 | €7,096 | €88,538 | €106,822 | ▲ 20.7% |
| Trade debts44 | - | - | - | €1,075 | €2,516 | €448 | ▼ 82.2% |
| Suppliers440/4 | - | - | - | €1,075 | €2,516 | €448 | ▼ 82.2% |
| Other amounts payable47/48 | - | €3,271 | €5,771 | €6,021 | €86,023 | €106,373 | ▲ 23.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,226 | -€2,136 | -€2,884 | -€1,197 | -€4,616 | -€4,195 | ▲ 9.1% |
| Operating cash flow (approximation) | -€2,226 | -€2,136 | -€2,884 | -€1,197 | -€4,616 | -€4,195 | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | - |
| Change in cash | - | -€1,091 | -€384 | €129 | €2,157 | -€913 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 12-08-2026 | 2026-00393786 | |
| 31-12-2024 | full format | 04-06-2025 | 2025-00117468 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00256231 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00411612 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20383068 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62100328 |