OPEN STABILITY
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadlineTurnover: not included in this filing.
Balance sheet
balance sheet total €50,182 on 31-12-2025in euro
in euro
Position in the sector
70.5%
Higher than 62% of 21,208 companies in 2025.
2.30
Higher than 48% of 20,571 companies in 2025.
-41.9%
Lower than 95% of 20,746 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 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
50,182 | 69,244 | 31,874 | |
21/28 |
16,148 | 25,561 | 1,941 | |
22/27 |
16,148 | 25,561 | 1,941 | |
24 |
16,148 | 25,561 | 1,941 | |
29/58 |
34,034 | 43,683 | 29,933 | |
40/41 |
12,088 | 12,113 | 3,316 | |
40 |
5,990 | 6,637 | 1,423 | |
41 |
6,098 | 5,475 | 1,892 | |
54/58 |
21,055 | 31,120 | 26,467 | |
490/1 |
891 | 450 | 150 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
50,182 | 69,244 | 31,874 | |
10/15 |
35,400 | 56,423 | 21,664 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
34,400 | 55,423 | 20,664 | |
17/49 |
14,782 | 12,821 | 10,210 | |
42/48 |
14,782 | 12,821 | 10,210 | |
44 |
423 | 248 | - | |
440/4 |
423 | 248 | - | |
46 |
- | - | 120 | |
45 |
14,359 | 12,573 | 10,090 | |
450/3 |
14,359 | 12,573 | 10,090 | |
| Income statement | ||||
76A |
- | 388 | - | |
9900 |
-9,782 | 58,747 | 26,912 | |
62 |
448 | 10,910 | - | |
630 |
9,413 | 2,678 | 388 | |
640/8 |
1,144 | 1,268 | - | |
9901 |
-20,787 | 43,891 | 26,523 | |
75/76B |
- | 8 | - | |
75 |
- | 8 | - | |
65/66B |
235 | 113 | - | |
65 |
235 | 113 | - | |
9903 |
-21,023 | 43,786 | 26,523 | |
67/77 |
- | 9,028 | 5,859 | |
9904 |
-21,023 | 34,759 | 20,664 | |
9905 |
-21,023 | 34,759 | 20,664 | |
| Appropriation of the result | ||||
9906 |
34,400 | 55,423 | 20,664 | |
14P |
55,423 | 20,664 | - | |
| 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 22-06-2026.
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 |
|---|---|---|---|---|
| -11,374 | 46,569 | 26,912 | ||
| -11,609 | 37,437 | 21,053 | ||
| 0 | 28,240 | 2,330 | ||
| -10,064 | 4,653 | - | ||
| 19,252 | 30,861 | 19,723 | ||
| 70.5% | 81.5% | 68.0% | ||
| 2.30 | 3.41 | 2.93 | ||
| 0.42 | 0.23 | 0.47 | ||
| -59.4% | 61.6% | 95.4% | ||
| -41.9% | 50.2% | 64.8% | ||
| -48.32 | over 100 | - |
EBIT margin: not included in this filing.
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 | - | €28,240 | €2,330 |
| €9,413 | €2,678 | €388 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on OPEN STABILITY
The operating result for 2025 is a loss of €20,787, after a profit of €43,891 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 18.5% to 29.5%. Equity is lower and debt is higher.