Offshore
Annual accounts 2025
micro format, filed on 11-06-2026, 50 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 ≈ €18,000. Estimated: probably between €8,500 and €33,000.
Balance sheet
balance sheet total €21,478 on 31-12-2025in euro
in euro
Position in the sector
72.7%
Higher than 75% of 1,191 companies in 2025.
1.30
Higher than 45% of 1,139 companies in 2025.
-31.0%
Higher than 6% of 1,159 companies in 2025.
Net result: bottom quarter · 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
21,478 | 33,855 | 35,227 | 41,188 | 43,547 | 34,411 | 22,155 | 27,550 | 16,893 | 19,376 | 21,767 | 19,161 | 26,505 | 37,785 | 49,040 | 29,140 | 43,689 | 32,583 | 28,838 | 58,115 | |
21/28 |
13,821 | 18,900 | 21,282 | 22,749 | 30,200 | 14,859 | 12,038 | 7,559 | 5,384 | 8,675 | 9,944 | 11,000 | 17,969 | 26,201 | 27,903 | 10,084 | 13,195 | 19,968 | 22,338 | 35,654 | |
21 |
- | - | - | - | - | - | - | - | - | 221 | 648 | 412 | 618 | 1,069 | 518 | 845 | 1,172 | 275 | 412 | 210 | |
22/27 |
13,821 | 18,900 | 21,282 | 22,749 | 30,200 | 14,859 | 12,038 | 7,559 | 5,384 | 8,454 | 9,296 | 10,588 | 17,351 | 25,132 | 27,385 | 9,239 | 12,023 | 19,693 | 21,926 | 35,444 | |
23 |
13,821 | 18,042 | 18,576 | 17,712 | 24,665 | 9,031 | 9,622 | 5,409 | 4,554 | 8,454 | 9,296 | 6,245 | 7,480 | 8,516 | 4,914 | 6,233 | 6,963 | 0 | 7,917 | 19,379 | |
24 |
- | 858 | 2,707 | 5,037 | 5,535 | 5,828 | 2,416 | 2,151 | 829 | - | - | 4,342 | 9,871 | 16,616 | 22,471 | 3,006 | 5,059 | 19,693 | 14,009 | 16,065 | |
29/58 |
7,657 | 14,956 | 13,945 | 18,439 | 13,347 | 19,552 | 10,117 | 19,990 | 11,509 | 10,702 | 11,823 | 8,161 | 8,536 | 11,584 | 21,137 | 19,056 | 30,493 | 12,615 | 6,500 | 22,461 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 617 | 925 | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 617 | 925 | - | - | - | - | |
40/41 |
3,527 | 3,216 | 1,707 | - | - | 2,398 | 1,176 | - | 1,651 | 1,170 | 2,076 | 2,087 | 1,030 | 77 | 8,841 | 3,737 | 3,406 | 6,181 | 4,907 | 5,413 | |
40 |
262 | 1,438 | 103 | - | - | - | - | - | 846 | - | - | 480 | 230 | - | 3,286 | 3,206 | 3,290 | 4,999 | 3,135 | 4,901 | |
41 |
3,266 | 1,778 | 1,604 | - | - | 2,398 | 1,176 | - | 804 | 1,170 | 2,076 | 1,607 | 800 | 77 | 5,555 | 532 | 116 | 1,182 | 1,772 | 512 | |
54/58 |
3,618 | 10,967 | 12,005 | 18,439 | 13,122 | 17,154 | 8,941 | 19,103 | 8,599 | 8,133 | 8,390 | 4,755 | 6,009 | 10,010 | 10,440 | 13,478 | 26,172 | 6,433 | 1,593 | 16,342 | |
490/1 |
512 | 772 | 233 | - | 225 | - | - | 887 | 1,259 | 1,399 | 1,358 | 1,320 | 1,497 | 1,497 | 1,239 | 916 | 916 | - | - | 706 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
21,478 | 33,855 | 35,227 | 41,188 | 43,547 | 34,411 | 22,155 | 27,550 | 16,893 | 19,376 | 21,767 | 19,161 | 26,505 | 37,785 | 49,040 | 29,140 | 43,689 | 32,583 | 28,838 | 58,115 | |
10/15 |
15,610 | 22,276 | 21,956 | 23,385 | 22,397 | 4,886 | 2,597 | -156 | -4,888 | -9,155 | -7,850 | -9,114 | -2,769 | 3,722 | 2,115 | -2,837 | -5,872 | -22,138 | -25,750 | -13,850 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
3,700 | 3,700 | 3,700 | 3,700 | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
3,700 | 3,700 | 3,700 | 3,700 | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-6,690 | -24 | -344 | 1,085 | 97 | -13,714 | -16,003 | -18,756 | -23,488 | -27,755 | -26,450 | -27,714 | -21,369 | -14,878 | -16,485 | -21,437 | -24,472 | -40,738 | -44,350 | -32,450 | |
17/49 |
5,868 | 11,579 | 13,271 | 17,804 | 21,149 | 29,525 | 19,558 | 27,706 | 21,781 | 28,531 | 29,617 | 28,275 | 29,274 | 34,062 | 46,924 | 31,977 | 49,560 | 54,721 | 54,588 | 71,965 | |
17 |
- | - | - | - | 553 | 1,862 | - | - | - | 21,000 | 21,000 | 21,000 | - | - | - | - | - | - | - | 5,435 | |
170/4 |
- | - | - | - | 553 | 1,862 | - | - | - | 21,000 | 21,000 | 21,000 | - | - | - | - | - | - | - | 5,435 | |
42/48 |
5,868 | 10,079 | 11,771 | 16,364 | 19,156 | 26,223 | 19,558 | 27,706 | 21,781 | 7,531 | 8,617 | 7,275 | 29,274 | 34,062 | 46,924 | 31,977 | 49,560 | 54,721 | 54,588 | 66,530 | |
42 |
- | - | - | 553 | 1,309 | 1,283 | - | - | - | - | - | - | - | - | - | - | - | - | 4,614 | 9,906 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
44 |
979 | 3,014 | 3,395 | 2,484 | 2,606 | 1,428 | 2,933 | 6,798 | 891 | 4,096 | 5,182 | 576 | 1,797 | 5,935 | 9,090 | 5,602 | 1,915 | 7,870 | 7,880 | 17,028 | |
440/4 |
979 | 3,014 | 3,395 | 2,484 | 2,606 | 1,428 | 2,933 | 6,798 | 891 | 4,096 | 5,182 | 576 | 1,797 | 5,935 | 9,090 | 5,602 | 1,915 | 7,870 | 7,880 | 17,028 | |
46 |
- | - | - | - | - | 8,029 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
1,471 | 2,633 | 1,541 | 2,893 | 1,914 | 1,434 | 841 | 2,676 | - | - | - | - | 245 | 650 | - | - | 2,071 | - | - | - | |
450/3 |
1,471 | 2,633 | 1,541 | 2,893 | 1,914 | 1,434 | 841 | 2,676 | - | - | - | - | 245 | 650 | - | - | 2,071 | - | - | - | |
47/48 |
3,418 | 4,432 | 6,836 | 10,434 | 13,327 | 14,049 | 15,785 | 18,232 | 20,889 | 3,435 | 3,435 | 6,699 | 27,232 | 27,477 | 37,835 | 26,375 | 45,575 | 46,851 | 42,094 | 39,596 | |
492/3 |
- | 1,500 | 1,500 | 1,440 | 1,440 | 1,440 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,972 | - | - | - | |
9900 |
3,578 | 10,847 | 9,378 | 13,707 | 32,361 | 9,817 | 10,943 | 11,332 | 8,062 | 2,620 | 9,846 | 1,911 | 4,546 | 13,278 | 16,268 | 13,233 | 24,368 | 15,784 | 16,181 | 12,195 | |
630 |
8,531 | 8,722 | 8,809 | 8,937 | 6,420 | 4,906 | 5,545 | 3,729 | 3,211 | 3,319 | 8,010 | 7,762 | 10,480 | 9,018 | 11,246 | 6,649 | 10,027 | 11,263 | 27,283 | 24,391 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,775 | - | - | - | - | |
640/8 |
1,072 | 996 | 1,185 | 998 | 1,096 | 942 | 1,172 | 899 | 270 | 363 | 363 | 336 | 356 | 517 | 675 | 659 | 679 | 603 | 201 | 463 | |
9901 |
-6,025 | 1,129 | -616 | 3,772 | 24,845 | 3,968 | 4,225 | 6,705 | 4,581 | -1,062 | 1,474 | -6,186 | -6,291 | 3,743 | 4,347 | 3,150 | 13,662 | 3,918 | -11,303 | -12,659 | |
75/76B |
1 | - | 6 | - | - | - | - | 0 | 3 | 5 | 6 | 22 | 52 | 924 | 964 | 321 | 125 | 49 | 137 | 230 | |
75 |
1 | - | 6 | - | - | - | - | 0 | 3 | 5 | 6 | 22 | 52 | 924 | 964 | 321 | 125 | 49 | 137 | 230 | |
65/66B |
413 | 386 | 616 | 368 | 387 | 509 | 347 | 277 | 316 | 250 | 227 | 177 | 253 | 280 | 375 | 283 | 499 | 348 | 753 | 1,216 | |
65 |
413 | 386 | 616 | 368 | 387 | 509 | 347 | 277 | 316 | 250 | 227 | 177 | 253 | 280 | 375 | 283 | 499 | 348 | 753 | 1,216 | |
9903 |
-6,437 | 743 | -1,227 | 3,404 | 24,458 | 3,459 | 3,878 | 6,427 | 4,267 | -1,308 | 1,253 | -6,342 | -6,491 | 4,387 | 4,937 | 3,188 | 16,260 | 3,618 | -11,919 | -13,645 | |
67/77 |
228 | 423 | 202 | 1,229 | 5,759 | 1,170 | 1,124 | 1,696 | - | -3 | -11 | 4 | - | 2,780 | -16 | 153 | -6 | 6 | -19 | 26 | |
9904 |
-6,666 | 320 | -1,429 | 2,175 | 18,699 | 2,289 | 2,753 | 4,732 | 4,267 | -1,305 | 1,264 | -6,345 | -6,491 | 1,607 | 4,953 | 3,035 | 16,266 | 3,612 | -11,900 | -13,671 | |
9905 |
-6,666 | 320 | -1,429 | 2,175 | 18,699 | 2,289 | 2,753 | 4,732 | 4,267 | -1,305 | 1,264 | -6,345 | -6,491 | 1,607 | 4,953 | 3,035 | 16,266 | 3,612 | -11,900 | -13,671 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-6,690 | -24 | -344 | 2,273 | 4,985 | -13,714 | -16,003 | -18,756 | -23,488 | -27,755 | -26,450 | -27,714 | -21,369 | -14,878 | -16,485 | -21,437 | -24,472 | -40,738 | -44,350 | -32,450 | |
14P |
-24 | -344 | 1,085 | 97 | -13,714 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | 3,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | 1,188 | 1,188 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | 1,188 | 1,188 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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 11-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00157606 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00359828 | |
| 31-12-2023 | micro format | 14-07-2024 | 2024-00257417 | |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00243724 | |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20189605 | |
| 31-12-2020 | micro format | 11-07-2021 | 2021-35300198 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-17600541 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-33800600 | |
| 31-12-2017 | micro format | 07-06-2018 | 2018-17600542 | |
| 31-12-2016 | micro format | 18-05-2017 | 2017-12500487 | |
| 31-12-2015 | abbreviated format | 01-06-2016 | 2016-14600288 | |
| 31-12-2014 | abbreviated format | 02-06-2015 | 2015-14400255 | |
| 31-12-2013 | abbreviated format | 24-06-2014 | 2014-21000197 | |
| 31-12-2012 | abbreviated format | 04-06-2013 | 2013-15100401 | |
| 31-12-2011 | abbreviated format | 23-05-2012 | 2012-12400417 | |
| 31-12-2010 | abbreviated format | 01-07-2011 | 2011-24700541 | |
| 31-12-2009 | abbreviated format | 09-06-2010 | 2010-16200192 | |
| 31-12-2008 | abbreviated format | 04-06-2009 | 2009-19100270 | |
| 31-12-2007 | abbreviated format | 05-06-2008 | 2008-19300086 | |
| 31-12-2006 | abbreviated format | 22-05-2007 | 2007-15300054 | |
| 31-12-2005 | abbreviated format | 06-06-2006 | 2006-20300406 | |
| 31-12-2004 | abbreviated format | 21-06-2005 | 2005-30101576 | |
| 31-12-2003 | abbreviated format | 16-06-2004 | 2004-26001481 | |
| 31-12-2002 | abbreviated format | 11-06-2003 | 2003-22100787 | |
| 31-12-2001 | abbreviated format | 02-07-2002 | 2002-32302295 | |
| 31-12-2000 | abbreviated format | 22-06-2001 | 2001-25003176 | |
| 31-12-1999 | abbreviated format | 20-06-2000 | 2000-24604835 | |
| 31-12-1998 | abbreviated format | 22-07-1999 | 1999-36102301 | |
| 31-12-1997 | abbreviated format | 25-06-1998 | 1998-22700221 | |
| 31-12-1996 | abbreviated format | 12-09-1997 | 1997-43400535 | |
| 31-12-1995 | abbreviated format | 10-06-1996 | 1996-14503970 | |
| 31-12-1994 | abbreviated format | 02-06-1995 | 1995-11304992 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-23703701 | |
| 31-12-1992 | abbreviated format | 10-09-1993 | 1993-35601745 | |
| 31-12-1991 | abbreviated format | 29-09-1992 | 1992-33302091 |
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 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,506 | 9,851 | 8,193 | 12,709 | 31,265 | 8,874 | 9,770 | 10,433 | 7,792 | 2,257 | 9,483 | 1,576 | 4,190 | 12,761 | 15,593 | 9,799 | 23,689 | 15,181 | 15,980 | 11,732 | ||
| 1,866 | 9,042 | 7,381 | 11,112 | 25,120 | 7,195 | 8,299 | 8,460 | 7,478 | 2,014 | 9,274 | 1,416 | 3,989 | 10,625 | 16,199 | 9,683 | 26,293 | 14,875 | 15,383 | 10,720 | ||
| 3,453 | 6,339 | 7,342 | 1,487 | 21,761 | 7,727 | 10,024 | 5,904 | 458 | 2,049 | 6,954 | 792 | 2,249 | 10,040 | 25,415 | 3,538 | 3,518 | 9,030 | 13,967 | 4,866 | ||
| -7,350 | -1,038 | -6,434 | 5,317 | -4,032 | 8,212 | -10,162 | 10,505 | 466 | -257 | 3,635 | -1,255 | -4,000 | -431 | -3,037 | -12,694 | 19,739 | 4,840 | -14,749 | - | ||
| 1,789 | 4,877 | 2,174 | 2,075 | -5,809 | -6,671 | -9,441 | -7,716 | -10,272 | 3,170 | 3,206 | 886 | -20,738 | -22,479 | -25,787 | -12,922 | -19,067 | -42,106 | -48,088 | -44,069 | ||
| 72.7% | 65.8% | 62.3% | 56.8% | 51.4% | 14.2% | 11.7% | -0.6% | -28.9% | -47.2% | -36.1% | -47.6% | -10.4% | 9.9% | 4.3% | -9.7% | -13.4% | -67.9% | -89.3% | -23.8% | ||
| 1.30 | 1.48 | 1.18 | 1.13 | 0.70 | 0.75 | 0.52 | 0.72 | 0.53 | 1.42 | 1.37 | 1.12 | 0.29 | 0.34 | 0.45 | 0.60 | 0.62 | 0.23 | 0.12 | 0.34 | ||
| 1.30 | 1.48 | 1.18 | 1.13 | 0.70 | 0.75 | 0.52 | 0.72 | 0.53 | 1.42 | 1.37 | 1.12 | 0.29 | 0.34 | 0.44 | 0.57 | 0.62 | 0.23 | 0.12 | 0.34 | ||
| 0.38 | 0.52 | 0.60 | 0.76 | 0.94 | 6.04 | 7.53 | - | - | - | - | - | - | 9.15 | 22.18 | - | - | - | - | - | ||
| -42.7% | 1.4% | -6.5% | 9.3% | 83.5% | 46.8% | 106.0% | - | - | - | - | - | - | 43.2% | 234.1% | - | - | - | - | - | ||
| -31.0% | 0.9% | -4.1% | 5.3% | 42.9% | 6.7% | 12.4% | 17.2% | 25.3% | -6.7% | 5.8% | -33.1% | -24.5% | 4.3% | 10.1% | 10.4% | 37.2% | 11.1% | -41.3% | -23.5% | ||
| 6.06 | 25.52 | 13.29 | 34.50 | 80.77 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,453 | €6,339 | €7,342 | €1,487 | €21,761 |
| €8,531 | €8,722 | €8,809 | €8,937 | €6,420 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Offshore
The operating result for 2025 is a loss of €6,025, after a profit of €1,129 in 2024. It is the lowest result since 2014.
Debt's share of the balance-sheet total falls from 34.2% to 27.3%. Equity and debt are lower.