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Annual accounts 2025
full format, filed on 23-07-2026, 8 days before the deadlineMoney flows
of every €100 of turnover, €2.04 was lost in 2025Balance sheet
balance sheet total €2.3m on 31-12-2025in €m
in euro
Position in the sector
48.0%
Higher than 59% of 1,691 companies in 2025.
1.11
Higher than 32% of 1,658 companies in 2025.
-1.1%
Higher than 30% of 1,673 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€114,040
Staff costs divided by the average number of full-time equivalents.
Training hours in 2025: 4.
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 |
2.3m | 2.3m | 1.9m | 2.1m | 1.7m | 2.0m | 1.7m | 1.5m | 1.5m | 1.6m | 1.7m | 2.0m | 1.1m | 794,572 | 1.2m | 1.6m | 1.3m | 1.4m | 1.1m | 1.0m | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,547 | |
21/28 |
972,524 | 1.0m | 766,842 | 730,680 | 753,748 | 699,314 | 520,673 | 439,691 | 228,914 | 152,002 | 163,465 | 183,195 | 156,188 | 93,449 | 85,213 | 63,436 | 38,300 | 55,723 | 36,464 | 29,560 | |
21 |
966,627 | 1.0m | 761,103 | 724,145 | 746,274 | 687,448 | 503,648 | 413,638 | 212,587 | 100,693 | 84,208 | 84,943 | 87,161 | 68,832 | 60,695 | 31,441 | 285 | 1,767 | 3,589 | 3,283 | |
22/27 |
727 | 1,225 | 568 | 2,154 | 3,093 | 5,589 | 10,748 | 19,776 | 7,150 | 11,883 | 27,567 | 41,197 | 28,978 | 1,568 | 1,534 | 9,010 | 23,531 | 40,709 | 20,657 | 20,012 | |
23 |
727 | 1,225 | 568 | 2,093 | 2,823 | 5,060 | 9,958 | 18,727 | 5,737 | 4,322 | 13,101 | 19,783 | 456 | 809 | 271 | 6,890 | 20,554 | 36,874 | 15,965 | 14,463 | |
24 |
- | - | 0 | 61 | 270 | 530 | 790 | 1,050 | 1,413 | 7,561 | 14,467 | 21,414 | 28,521 | 759 | 1,263 | 2,120 | 2,977 | 3,835 | 4,692 | 5,549 | |
28 |
5,171 | 5,171 | 5,171 | 4,381 | 4,381 | 6,277 | 6,277 | 6,277 | 9,177 | 39,426 | 51,690 | 57,055 | 40,049 | 23,049 | 22,984 | 22,984 | 14,484 | 13,247 | 12,218 | 3,718 | |
29/58 |
1.3m | 1.3m | 1.2m | 1.4m | 969,634 | 1.3m | 1.1m | 1.1m | 1.3m | 1.4m | 1.5m | 1.8m | 962,297 | 701,123 | 1.1m | 1.5m | 1.3m | 1.3m | 1.1m | 1.0m | |
3 |
445,750 | 282,250 | 167,750 | 149,000 | 30,485 | 53,495 | 115,700 | 77,000 | 209,500 | 229,250 | 209,000 | 112,750 | 31,775 | 102,322 | 10,000 | 23,400 | 170,829 | 86,879 | 64,919 | 171,379 | |
37 |
445,750 | 282,250 | 167,750 | 149,000 | 30,485 | 53,495 | 115,700 | 77,000 | 209,500 | 229,250 | 209,000 | 112,750 | 31,775 | 102,322 | 10,000 | 23,400 | 170,829 | 86,879 | 64,919 | 171,379 | |
40/41 |
717,796 | 906,481 | 926,036 | 804,079 | 654,844 | 869,167 | 948,610 | 522,072 | 650,607 | 607,782 | 705,465 | 416,994 | 905,524 | 492,355 | 1.1m | 1.4m | 1.0m | 1.2m | 634,919 | 326,155 | |
40 |
110,586 | 142,387 | 201,910 | 179,528 | 154,524 | 268,982 | 329,352 | 168,681 | 357,300 | 255,862 | 346,375 | 229,079 | 514,545 | 338,603 | 268,971 | 304,133 | 168,538 | 293,458 | 66,532 | 166,180 | |
41 |
607,210 | 764,094 | 724,126 | 624,551 | 500,320 | 600,185 | 619,257 | 353,391 | 293,307 | 351,920 | 359,090 | 187,915 | 390,979 | 153,752 | 794,956 | 1.1m | 872,398 | 874,202 | 568,387 | 159,975 | |
50/53 |
- | - | - | - | - | - | - | 22,766 | 167,271 | 554,076 | 612,273 | 1.1m | - | - | - | - | - | - | - | 450,000 | |
54/58 |
158,624 | 102,686 | 68,220 | 425,969 | 272,430 | 342,742 | 62,835 | 384,711 | 201,879 | 26,424 | 5,003 | 180,748 | 16,048 | 95,100 | 62,838 | 15,378 | 31,323 | 68,440 | 368,786 | 56,677 | |
490/1 |
10,966 | 15,493 | 9,699 | 5,040 | 11,875 | 6,258 | 8,424 | 79,887 | 51,805 | 13,643 | 8,573 | 11,242 | 8,950 | 11,347 | 2,862 | 41,864 | 16,916 | 20,200 | - | 1,355 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.3m | 2.3m | 1.9m | 2.1m | 1.7m | 2.0m | 1.7m | 1.5m | 1.5m | 1.6m | 1.7m | 2.0m | 1.1m | 794,572 | 1.2m | 1.6m | 1.3m | 1.4m | 1.1m | 1.0m | |
10/15 |
1.1m | 1.2m | 1.0m | 934,603 | 967,254 | 798,978 | 900,432 | 815,143 | 692,827 | 574,705 | 571,828 | 562,317 | 507,534 | 243,069 | 241,560 | 401,539 | 261,085 | 253,503 | 219,626 | 163,449 | |
10/11 |
958,220 | 958,220 | 958,220 | 958,220 | 958,220 | 677,400 | 663,855 | 663,855 | 663,855 | 663,855 | 663,855 | 658,860 | 658,860 | 407,400 | 407,400 | 407,400 | 257,400 | 257,400 | 257,400 | 257,400 | |
10 |
958,220 | 958,220 | 958,220 | 958,220 | 958,220 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
958,220 | 958,220 | 958,220 | 958,220 | 958,220 | 677,400 | 677,400 | 677,400 | 677,400 | 677,400 | 677,400 | 677,400 | 677,400 | 407,400 | 407,400 | 407,400 | 257,400 | 257,400 | 257,400 | 257,400 | |
101 |
- | - | - | - | - | - | 13,545 | 13,545 | 13,545 | 13,545 | 13,545 | 18,540 | 18,540 | - | - | - | - | - | - | - | |
13 |
3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 2,100 | 2,100 | 2,100 | |
130/1 |
3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 3,685 | 2,100 | 2,100 | 2,100 | |
14 |
-316,935 | -291,128 | -292,114 | -329,005 | -292,196 | -157,480 | -1,163 | -33,488 | -46,952 | -92,835 | -95,712 | -100,229 | -155,011 | -168,016 | -169,525 | -9,546 | - | -5,997 | -39,874 | -96,051 | |
15 |
462,697 | 485,406 | 335,351 | 301,704 | 297,546 | 275,373 | 234,056 | 181,091 | 72,239 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.2m | 1.2m | 933,406 | 1.2m | 756,128 | 1.2m | 755,810 | 710,984 | 817,148 | 1.0m | 1.1m | 1.4m | 610,951 | 551,503 | 983,279 | 1.2m | 1.0m | 1.1m | 885,462 | 871,677 | |
17 |
- | - | 30,892 | 76,264 | 84,391 | 167,720 | - | - | - | - | 1,458 | 23,848 | 18,958 | - | - | 10,000 | 47,465 | 98,657 | 59,217 | 86,003 | |
170/4 |
- | - | 30,892 | 76,264 | 84,391 | 167,720 | - | - | - | - | 1,458 | 23,848 | 18,958 | - | - | - | 10,798 | 24,614 | 37,792 | 50,363 | |
175 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,500 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | 36,667 | 74,043 | 21,425 | 32,140 | |
42/48 |
1.2m | 1.2m | 902,414 | 1.1m | 671,638 | 1.0m | 745,544 | 710,885 | 813,862 | 998,513 | 1.1m | 1.4m | 577,007 | 506,788 | 941,761 | 1.2m | 955,620 | 1.0m | 794,835 | 774,902 | |
42 |
- | - | - | - | - | 0 | 0 | 0 | - | - | 25,752 | 8,750 | 8,750 | - | 10,000 | 37,465 | 51,192 | 29,845 | 12,571 | 11,991 | |
43 |
500,389 | 423,052 | 166,472 | 262,006 | 254,211 | 289,786 | 129,144 | 129,089 | 32,623 | 139,906 | 7,580 | 16,616 | - | - | - | - | - | 14,215 | 18,215 | 18,715 | |
430/8 |
500,389 | 423,052 | 166,472 | 262,006 | 254,211 | 289,786 | 129,144 | 129,089 | 32,623 | 139,906 | 7,580 | - | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | 16,616 | - | - | - | - | - | 14,215 | 18,215 | 18,715 | |
44 |
283,767 | 299,707 | 270,803 | 265,585 | 154,431 | 259,937 | 66,318 | 273,592 | 214,466 | 198,685 | 205,970 | 185,781 | 293,679 | 176,742 | 172,457 | 131,944 | 139,675 | 109,621 | 43,242 | 75,673 | |
440/4 |
283,767 | 299,707 | 270,803 | 265,585 | 154,431 | 259,937 | 66,318 | 273,592 | 214,466 | 198,685 | 205,970 | 185,781 | 293,679 | 176,742 | 159,281 | 131,944 | 125,361 | 109,621 | 43,242 | 75,673 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,177 | - | 14,314 | - | - | - | |
46 |
191,250 | 241,250 | 276,643 | 428,049 | 176,612 | 104,211 | 171,434 | 160,689 | 448,355 | 592,877 | 792,465 | 1.1m | 170,208 | - | 610,332 | 881,866 | 567,646 | 690,633 | 634,290 | 617,533 | |
45 |
153,201 | 133,735 | 146,876 | 121,542 | 84,765 | 178,624 | 162,028 | 145,895 | 116,798 | 65,424 | 82,923 | 94,781 | 102,750 | 142,426 | 147,217 | 112,339 | 142,486 | 118,983 | 86,518 | 50,990 | |
450/3 |
11,033 | 9,527 | 11,126 | 3,952 | 2,989 | 13,488 | 13,121 | 14,361 | 21,857 | - | 9,569 | 9,308 | 8,318 | 26,026 | 33,344 | 22,123 | 47,657 | 60,025 | 26,000 | - | |
454/9 |
142,168 | 124,208 | 135,750 | 117,590 | 81,776 | 165,136 | 148,906 | 131,534 | 94,942 | 65,424 | 73,354 | 85,473 | 94,432 | 116,399 | 113,872 | 90,216 | 94,830 | 58,958 | 60,519 | 50,990 | |
47/48 |
69,288 | 95,908 | 41,620 | 26,620 | 1,620 | 171,620 | 216,620 | 1,620 | 1,620 | 1,620 | 1,620 | 1,620 | 1,620 | 187,620 | 1,755 | 7,890 | 54,620 | 50,000 | - | - | |
492/3 |
99 | 99 | 99 | 99 | 99 | 99 | 10,266 | 99 | 3,285 | 9,959 | 14,183 | 34,844 | 14,986 | 44,715 | 41,518 | 6,782 | 34,134 | 33,445 | 31,410 | 10,772 | |
| Income statement | |||||||||||||||||||||
70 |
1.3m | 1.1m | 1.3m | 1.2m | 140,324 | 514,114 | 390,351 | 590,076 | 343,992 | 983,543 | 1.0m | 1.1m | - | - | - | - | - | - | - | - | |
9900 |
969,166 | 944,987 | 1.2m | 1.0m | 697,831 | 1.0m | 1.4m | 1.2m | 1.2m | 813,933 | 749,887 | 786,610 | 731,967 | 768,918 | 593,239 | 751,273 | 648,900 | 672,989 | 567,841 | 420,619 | |
60/61 |
296,483 | 149,700 | 146,328 | 224,851 | 129,048 | 336,065 | 171,874 | 216,811 | 198,078 | 169,610 | 264,196 | 278,324 | - | - | - | - | - | - | - | - | |
62 |
843,899 | 823,698 | 887,937 | 794,817 | 650,864 | 991,275 | 1.1m | 1.0m | 847,305 | 748,110 | 694,326 | 684,321 | 688,448 | 752,108 | 729,161 | 731,593 | 614,668 | 573,960 | 480,592 | 353,867 | |
630 |
459,066 | 464,491 | 745,629 | 849,327 | 561,341 | 596,128 | 789,817 | 490,676 | 732,883 | 46,120 | 46,947 | 41,181 | 24,939 | 15,442 | 13,765 | 14,806 | 20,131 | 17,865 | 16,044 | 30,716 | |
631/4 |
- | - | 20,513 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
3,684 | 3,515 | 853 | 904 | 1,427 | 1,946 | 456 | 1,674 | 1,074 | 780 | 679 | 1,951 | 2,323 | 250 | 1,233 | 62 | 1,901 | 2,305 | 1,858 | 2,471 | |
66A |
- | - | - | - | - | - | 179 | 8,000 | 7 | 0 | - | - | - | - | - | - | - | - | - | - | |
9901 |
-337,484 | -346,717 | -494,548 | -629,425 | -515,802 | -551,172 | -518,708 | -285,731 | -410,859 | 18,923 | 7,935 | 59,157 | 16,257 | 1,118 | -150,920 | 4,812 | 12,200 | 78,859 | 69,347 | 33,565 | |
75/76B |
379,200 | 340,066 | 516,529 | 571,871 | 367,088 | 376,799 | 518,416 | 310,120 | 501,243 | 8 | 97 | 177 | 89 | 274 | 1,226 | 51 | 1,860 | 6,437 | 9,501 | 944 | |
75 |
320,200 | 340,066 | 516,529 | 571,871 | 367,088 | 376,799 | 518,416 | 310,120 | 501,243 | 8 | 97 | 177 | 89 | 274 | 1,226 | 51 | 1,860 | 6,437 | 9,501 | 944 | |
76B |
59,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
76,739 | 13,953 | 10,510 | 5,334 | 5,363 | 4,393 | 2,157 | 10,926 | 41,229 | 15,788 | 3,252 | 4,148 | 3,101 | 6,328 | 6,325 | 10,007 | 12,647 | 9,670 | 11,058 | 7,123 | |
65 |
17,739 | 13,953 | 10,510 | 5,334 | 5,363 | 4,393 | 2,157 | 2,926 | 2,979 | 3,038 | 3,252 | 4,148 | 3,101 | 6,328 | 6,325 | 10,007 | 12,647 | 9,670 | 11,058 | 7,123 | |
66B |
59,000 | - | - | - | - | - | - | 8,000 | 38,250 | 12,750 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-35,022 | -20,604 | 11,471 | -62,888 | -154,076 | -178,766 | -2,449 | 13,464 | 49,155 | 3,143 | 4,780 | 55,186 | 13,246 | -4,937 | -156,019 | -5,144 | 1,412 | 75,626 | 67,790 | 27,386 | |
67/77 |
-9,215 | -21,590 | -25,420 | -26,079 | -19,360 | -22,449 | -34,774 | - | 3,272 | 266 | 264 | 404 | 241 | -6,445 | 3,959 | 4,403 | -6,170 | 41,749 | 11,613 | 129 | |
9904 |
-25,807 | 986 | 36,891 | -36,809 | -134,716 | -156,317 | 32,324 | 13,464 | 45,883 | 2,877 | 4,516 | 54,783 | 13,005 | 1,509 | -159,979 | -9,546 | 7,582 | 33,877 | 56,178 | 27,257 | |
9905 |
-25,807 | 986 | 36,891 | -36,809 | -134,716 | -156,317 | 32,324 | 13,464 | 45,883 | 2,877 | 4,516 | 54,783 | 13,005 | 1,509 | -159,979 | -9,546 | 7,582 | 33,877 | 56,178 | 27,257 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-316,935 | -291,128 | -292,114 | -329,005 | -292,196 | -157,480 | -1,163 | -33,488 | -46,952 | -92,835 | -95,712 | -100,229 | -155,011 | -168,016 | -169,525 | -9,546 | 1,585 | -5,997 | -39,874 | -96,051 | |
14P |
-291,128 | -292,114 | -329,005 | -292,196 | -157,480 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,585 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,585 | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
7.4 | 7.5 | 8.1 | 8.6 | 9.3 | 12 | 13 | 13.2 | 10.7 | 9.8 | 8.9 | 9.4 | 8.9 | 9.2 | 9 | 9.5 | 8.3 | 7.8 | 7 | 5.2 | |
Hours worked1013 |
12,370 | 12,479 | 13,517 | 12,885 | 11,305 | 19,296 | 21,911 | 22,412 | 18,194 | 16,728 | 15,033 | 15,846 | 14,812 | 15,580 | 15,299 | 15,671 | 13,581 | 13,536 | 12,228 | 8,193 | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 14 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 23-07-2026.
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 | full format | 23-07-2026 | 2026-00329472 | |
| 31-12-2024 | full format | 25-07-2025 | 2025-00319476 | |
| 31-12-2023 | full format | 27-06-2024 | 2024-00192373 | |
| 31-12-2022 | full format | 05-07-2023 | 2023-00216526 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20407201 | |
| 31-12-2020 | full format | 02-08-2021 | 2021-44800548 | |
| 31-12-2019 | full format | 07-10-2020 | 2020-59800559 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-49700352 | |
| 31-12-2017 | full format | 09-08-2018 | 2018-44400238 | |
| 31-12-2016 | full format | 24-07-2017 | 2017-34500400 | |
| 31-12-2015 | full format | 06-07-2016 | 2016-30200162 | |
| 31-12-2014 | full format | 02-06-2015 | 2015-14100581 | |
| 31-12-2013 | full format | 30-05-2014 | 2014-14400341 | |
| 31-12-2012 | full format | 22-07-2013 | 2013-33400568 | |
| 31-12-2011 | full format | 24-08-2012 | 2012-43800566 | |
| 31-12-2010 | full format | 14-07-2011 | 2011-31700406 | |
| 31-12-2009 | full format | 14-07-2010 | 2010-30700178 | |
| 31-12-2008 | full format | 16-07-2009 | 2009-44300083 | |
| 31-12-2007 | full format | 29-07-2008 | 2008-51200217 | |
| 31-12-2006 | full format | 12-07-2007 | 2007-39700214 | |
| 31-12-2005 | full format | 20-07-2006 | 2006-49402900 | |
| 31-12-2004 | full format | 29-07-2005 | 2005-58402532 | |
| 31-12-2003 | full format | 17-08-2004 | 2004-60203489 | |
| 31-12-2002 | full format | 04-11-2003 | 2003-78004940 |
Subsidies and aid
European Union 2022 to 2025, 2 entries, €646,675 in total
| Year | Entries | Awarded |
|---|---|---|
| 2025 | 1 | €245,936 |
| 2022 | 1 | €400,739 |
European research 2 projects, €290,030 EU contribution
Projects
- CompoLight: Rapid Manufacturing of lightweight metal componentsSeventh Framework Programme, participant, 01-11-2008 to 31-10-2011, €180,240, COMPOLIGHT
- Intelligent Motion Control Platform for Smart Mechatronic SystemsHorizon 2020, participant, 01-06-2017 to 31-05-2020, €109,790, I-MECH
- AMLTD - ADDITIVE MANUFACTURING OF LIGHTWEIGHT LASER TARGET DESIGNATOREuropean Defence Fund, 01-12-2022 to 31-01-2026, €400,739
- CAMO V2 - CAMOFOIL 2.0 - ADVANCED MATERIAL FOR DISRUPTIVE APPROACH TO SIGNATURE MANAGEMENTDecentralised Agencies, Joint Undertakings, EU institutions, 01-01-2026 to 31-12-2027, €245,936
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 121,583 | 117,774 | 251,081 | 219,902 | 45,539 | 44,955 | 271,109 | 204,945 | 322,023 | 65,043 | 54,882 | 100,338 | 41,196 | 16,560 | -137,155 | 19,618 | 32,331 | 96,724 | 85,391 | 64,281 | ||
| 433,260 | 465,478 | 782,520 | 812,518 | 426,626 | 439,811 | 822,141 | 504,139 | 778,766 | 48,997 | 51,463 | 95,964 | 37,944 | 16,951 | -146,214 | 5,260 | 27,713 | 51,742 | 72,222 | 57,973 | ||
| 388,566 | 742,048 | 781,001 | 826,260 | 617,671 | 774,769 | 870,799 | 709,453 | 848,045 | 46,923 | 32,583 | 68,188 | 87,678 | 23,678 | 35,542 | 39,941 | 2,709 | 37,124 | 22,949 | 7,490 | ||
| 55,938 | 34,466 | -357,749 | 153,539 | -70,311 | 279,906 | -321,876 | 182,833 | 175,455 | 21,421 | -175,744 | 164,699 | -79,052 | 32,262 | 47,460 | -15,945 | -37,117 | -300,346 | 312,109 | - | ||
| 135,241 | 113,257 | 269,291 | 280,286 | 297,996 | 267,483 | 390,025 | 375,551 | 467,199 | 432,662 | 424,004 | 437,814 | 385,290 | 194,335 | 197,865 | 354,885 | 304,384 | 329,882 | 273,789 | 230,664 | ||
| -26.7% | -31.7% | -37.8% | -50.7% | - | - | - | -48.4% | - | 1.9% | 0.8% | 5.6% | - | - | - | - | - | - | - | - | ||
| 48.0% | 49.2% | 51.9% | 44.2% | 56.1% | 40.5% | 54.4% | 53.4% | 45.9% | 36.3% | 33.6% | 28.0% | 45.4% | 30.6% | 19.7% | 25.3% | 20.1% | 18.1% | 19.9% | 15.8% | ||
| 1.11 | 1.09 | 1.30 | 1.25 | 1.44 | 1.27 | 1.52 | 1.53 | 1.57 | 1.43 | 1.38 | 1.32 | 1.67 | 1.38 | 1.21 | 1.30 | 1.32 | 1.33 | 1.34 | 1.30 | ||
| 0.74 | 0.86 | 1.11 | 1.12 | 1.40 | 1.21 | 1.37 | 1.42 | 1.32 | 1.20 | 1.19 | 1.23 | 1.61 | 1.18 | 1.20 | 1.28 | 1.14 | 1.24 | 1.26 | 1.08 | ||
| 1.08 | 1.03 | 0.93 | 1.26 | 0.78 | 1.47 | 0.84 | 0.87 | 1.18 | 1.75 | 1.98 | 2.57 | 1.20 | 2.27 | 4.07 | 2.96 | 3.97 | 4.52 | 4.03 | 5.33 | ||
| -2.3% | 0.1% | 3.7% | -3.9% | -13.9% | -19.6% | 3.6% | 1.7% | 6.6% | 0.5% | 0.8% | 9.7% | 2.6% | 0.6% | -66.2% | -2.4% | 2.9% | 13.4% | 25.6% | 16.7% | ||
| -1.1% | 0.0% | 1.9% | -1.7% | -7.8% | -7.9% | 2.0% | 0.9% | 3.0% | 0.2% | 0.3% | 2.7% | 1.2% | 0.2% | -13.1% | -0.6% | 0.6% | 2.4% | 5.1% | 2.6% | ||
| 6.85 | 8.44 | 23.89 | 41.23 | 8.49 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 32 days | 47 days | 56 days | 53 days | 402 days | 191 days | 308 days | 104 days | 379 days | 95 days | 125 days | 79 days | - | - | - | - | - | - | - | - | ||
| 349 days | 731 days | 675 days | 431 days | 437 days | 282 days | 141 days | 461 days | 395 days | 428 days | 285 days | 244 days | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 8 | 9 | 9 | 9 |
| full-time | 7 | 6 | 7 | 7 | 9 |
| part-time | 1 | 2 | 2 | 2 | - |
| in full-time equivalents | 7.4 | 7.3 | 8.3 | 8.4 | 9 |
| 7.4 | 7.5 | 8.1 | 8.6 | 9.3 | |
| On a permanent contract | 8 | 8 | 9 | 9 | 9 |
| Joined | - | 0 | - | - | 1 |
| Left | - | 1 | - | - | 4 |
| Training hours | 4 | 2 | 1 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,748 | - | €971 | €1,590 |
| Intangible fixed assets | €388,566 | €739,300 | €781,001 | €825,289 | €616,080 |
| €459,066 | €464,491 | €745,629 | €849,327 | €561,341 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on OPEN ENGINEERING
The operating result for 2025 is a loss of €337,484, smaller than the loss of €346,717 in 2024.
Debt's share of the balance-sheet total rises from 50.8% to 52.0%. Equity is lower and debt is higher.