OXYMORON
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 33 filings
Equity
-€166,241▼ 42.2%
2024 · -€116,947
Net result
-€49,294▲ 12.9%
2024 · -€56,613
Total assets
€671,337▼ 3.7%
2024 · €696,916
Solvency
-24.8%▼ 8.0pp
2024 · -16.8%
In the rankings
#1 oldest company in Retie, Finance and insurance sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€37,295
▲ 6.0%
2025
20182025
Net result
-€49,294
▲ 12.9%
2025
lowest quarter of the sector
20182025
Equity
-€166,241
▼ 42.2%
2025
lowest quarter of the sector
20182025
Total assets
€671,337
▼ 3.7%
2025
lowest quarter of the sector
20182025
Debt
€837,578
▲ 2.9%
2025
20182025
Working capital
€63,799
▼ 17.3%
2025
middle half of the sector
20182025
Solvency
-24.8%
▼ 8.0pp
2025
lowest quarter of the sector
20182025
Current ratio
4.46
▼ 9.24
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-7.3%
▲ 0.8pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.4m-€0.02m€0.1m▲ 312%€0.06m▼ 33.7%€0.1m▲ 51.4%-€0.04m-€0.04m▼ 4.7%-€0.04m▲ 6.0%
Net result-€0.5m--€0.007m▲ 98.5%€0.08mwithin the sector's middle half€0.05mwithin the sector's middle half▼ 37.5%€0.08mwithin the sector's middle half▲ 65.5%-€0.05mbelow the sector's middle half-€0.06mbelow the sector's middle half▼ 11.3%-€0.05mbelow the sector's middle half▲ 12.9%
Equity-€0.2m--€0.2m▼ 3.0%-€0.1mbelow the sector's middle half▲ 36.0%-€0.09mbelow the sector's middle half▲ 35.2%-€0.009mbelow the sector's middle half▲ 89.8%-€0.06mbelow the sector's middle half▼ 537%-€0.1mbelow the sector's middle half▼ 93.8%-€0.2mbelow the sector's middle half▼ 42.2%
Total assets€0.8m-€0.7m▼ 12.6%€0.7mwithin the sector's middle half=€0.8mwithin the sector's middle half▲ 15.7%€0.9mwithin the sector's middle half▲ 10.0%€0.8mwithin the sector's middle half▼ 17.5%€0.7mwithin the sector's middle half▼ 8.1%€0.7mbelow the sector's middle half▼ 3.7%
Debt€1.0m-€0.9m▼ 9.3%€0.9m▼ 8.5%€0.9m▲ 7.3%€0.9m=€0.8m▼ 11.9%€0.8m▼ 0.6%€0.8m▲ 2.9%
Working capital-€0.4m--€0.1m▲ 65.2%-€0.03mwithin the sector's middle half▲ 73.5%€0.04mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 267%€0.1mwithin the sector's middle half▼ 31.8%€0.08mwithin the sector's middle half▼ 24.3%€0.06mwithin the sector's middle half▼ 17.3%
Solvency-26.3%--31.0%▼ 4.7pp-19.8%below the sector's middle half▲ 11.2pp-11.1%below the sector's middle half▲ 8.7pp-1.0%below the sector's middle half▲ 10.1pp-8.0%below the sector's middle half▼ 6.9pp-16.8%below the sector's middle half▼ 8.8pp-24.8%below the sector's middle half▼ 8.0pp
Current ratio0.32-0.37▲ 0.050.68within the sector's middle half▲ 0.311.26within the sector's middle half▲ 0.582.03within the sector's middle half▲ 0.775.76above the sector's middle half▲ 3.7213.70above the sector's middle half▲ 7.944.46above the sector's middle half▼ 9.24
Return on assets (ROA)-54.6%--0.9%▲ 53.7pp11.2%above the sector's middle half▲ 12.1pp6.0%within the sector's middle half▼ 5.1pp9.1%within the sector's middle half▲ 3.0pp-6.7%below the sector's middle half▼ 15.8pp-8.1%below the sector's middle half▼ 1.4pp-7.3%below the sector's middle half▲ 0.8pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €37,295, smaller than the loss of €39,665 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €671,337
Fixed assets
€589,086 ▼ 4.0%
Current assets
€82,251 ▼ 1.1%
Equity and liabilities
Equity-€166,241
Debt€837,578
Equity is negative. Debt (€837,578) exceeds the balance-sheet total (€671,337).
Key figures and ratios
Debt ≤ 1 year
€18,452▲
2024 · €6,073
Debt > 1 year
€721,583=
2024 · €721,583
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 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,762 | €6,431 | €35,117 | €6,443 | - |
| Depreciation and write-downs of the year | €20,630 | €21,018 | €25,913 | €24,502 | €24,655 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,354 | €18,068 | €18,763 | €20,630 | €21,018 | €25,913 | €24,502 | €24,655 | ▲ 0.6% |
| Other operating charges640/8 | - | - | - | €3,326 | €2,865 | €8,647 | €4,953 | €2,692 | ▼ 45.7% |
| Gross operating margin9900 | -€53,618 | €44,999 | €118,501 | €87,528 | €120,126 | -€3,323 | -€10,210 | -€9,948 | ▲ 2.6% |
| Operating profit (loss)9901 | -€439,357 | €23,280 | €95,921 | €63,572 | €96,244 | -€37,883 | -€39,665 | -€37,295 | ▲ 6.0% |
| Financial income75/76B | - | - | - | €0 | €0 | - | €1 | €44 | ▲ 43× |
| Recurring financial income75 | - | €2 | €200 | €0 | €0 | - | €1 | €44 | ▲ 43× |
| Financial charges65/66B | - | - | - | €12,797 | €12,634 | €12,606 | €12,576 | €12,043 | ▼ 4.2% |
| Recurring financial charges65 | €13,153 | €29,260 | €15,314 | €12,797 | €12,634 | €12,606 | €12,576 | €12,043 | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | -€452,052 | -€5,774 | €81,071 | €50,775 | €83,609 | -€50,489 | -€52,240 | -€49,294 | ▲ 5.6% |
| Income taxes67/77 | -€907 | €789 | €440 | €386 | €237 | €380 | €4,373 | - | - |
| Profit (loss) for the period9904 | -€451,145 | -€6,563 | €80,631 | €50,390 | €83,373 | -€50,868 | -€56,613 | -€49,294 | ▲ 12.9% |
| Profit (loss) for the period to be appropriated9905 | -€451,145 | -€6,563 | €80,631 | €50,390 | €83,373 | -€50,868 | -€56,613 | -€49,294 | ▲ 12.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.7m | €0.7m | €0.8m | €0.9m | €0.8m | €0.7m | €0.7m | ▼ 3.7% |
| Fixed assets21/28 | €0.7m | €0.6m | €0.7m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 4.0% |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 4.5% |
| Land and buildings22 | - | - | - | €0.6m | €0.5m | €0.6m | €0.5m | €0.5m | ▼ 4.3% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.001m | €285 | €6 | ▼ 97.9% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.01m | €0.006m | €0.008m | €0.007m | ▼ 16.6% |
| Financial fixed assets28 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Current assets29/58 | €0.2m | €0.07m | €0.07m | €0.2m | €0.3m | €0.1m | €0.08m | €0.08m | ▼ 1.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Other amounts receivable291 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.02m | €0.02m | €0.09m | €314 | €0.002m | €0.003m | ▲ 10.9% |
| Trade receivables40 | - | - | - | €0.02m | €0.01m | €188 | €494 | €317 | ▼ 35.8% |
| Other amounts receivable41 | - | - | - | €126 | €0.08m | €126 | €0.002m | €0.002m | ▲ 22.4% |
| Cash at bank and in hand54/58 | €0.2m | €0.06m | €0.05m | €0.1m | €0.1m | €0.04m | €0.001m | €16 | ▼ 98.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.7m | €0.7m | €0.8m | €0.9m | €0.8m | €0.7m | €0.7m | ▼ 3.7% |
| Equity10/15 | -€0.2m | -€0.2m | -€0.1m | -€0.09m | -€0.009m | -€0.06m | -€0.1m | -€0.2m | ▼ 42.2% |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Capital10 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Profit (loss) carried forward14 | -€0.8m | -€0.8m | -€0.7m | -€0.7m | -€0.6m | -€0.6m | -€0.7m | -€0.8m | ▼ 7.0% |
| Amounts payable17/49 | €1.0m | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | ▲ 2.9% |
| Amounts payable after more than one year17 | €0.5m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Financial debts170/4 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Amounts payable within one year42/48 | €0.5m | €0.2m | €0.1m | €0.2m | €0.1m | €0.02m | €0.006m | €0.02m | ▲ 204% |
| Financial debts43 | - | - | - | €0.04m | €0.04m | - | - | - | - |
| Other loans439 | - | - | - | €0.04m | €0.04m | - | - | - | - |
| Trade debts44 | €0.002m | - | €0.003m | €0.01m | €30 | €0.003m | €444 | €0.004m | ▲ 888% |
| Suppliers440/4 | - | - | - | €0.01m | €30 | €0.003m | €444 | €0.004m | ▲ 888% |
| Taxes, remuneration and social security45 | - | - | - | €19 | €0.001m | €0.001m | €0.001m | - | - |
| Taxes450/3 | - | - | - | €19 | €0.001m | €0.001m | €0.001m | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.02m | €0.005m | €0.01m | ▲ 177% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.06m | €0.08m | €0.09m | €0.1m | ▲ 13.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€451,145 | -€6,563 | €80,631 | €50,390 | €83,373 | -€50,868 | -€56,613 | -€49,294 | ▲ 12.9% |
| + Depreciation and write-downs630 | €81,354 | €18,068 | €18,763 | €20,630 | €21,018 | €25,913 | €24,502 | €24,655 | ▲ 0.6% |
| Operating cash flow (approximation) | -€369,791 | €11,505 | €99,395 | €71,019 | €104,390 | -€24,955 | -€32,111 | -€24,639 | ▲ 23.3% |
| Investment in fixed assets (approximation) | - | -€8,020 | -€22,685 | -€8,762 | -€6,431 | -€35,117 | -€2,934 | €0 | - |
| Change in cash | - | -€99,190 | -€7,260 | €47,002 | €22,262 | -€76,023 | -€42,198 | -€1,197 | ▲ 97.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00372782 | |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00326044 | |
| 31-12-2023 | abbreviated format | 05-07-2024 | 2024-00218282 | |
| 31-12-2022 | abbreviated format | 28-08-2023 | 2023-00364664 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20402642 | |
| 31-12-2020 | abbreviated format | 05-07-2021 | 2021-31000594 | |
| 31-12-2019 | abbreviated format | 30-07-2020 | 2020-37100098 | |
| 31-12-2018 | abbreviated format | 18-09-2019 | 2019-64900457 | |
| 31-12-2017 | abbreviated format | 23-08-2018 | 2018-49200354 | |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-26800176 |