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ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 31-07-2025 PDF all 14 filings
Equity
€43,615=
2023 · €43,615
Total assets
€128,981=
2023 · €128,981
Net result
€19,888▲ 175%
2022 · €7,235
Working capital
€43,615=
2023 · €43,615
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
no figure
2024
20182024
Net result
no figure
2024
20182024
Equity
€43,615
=
2024
middle half of the sector
20182024
Total assets
€128,981
=
2024
middle half of the sector
20182024
Debt
€85,366
=
2024
20182024
Working capital
€43,615
=
2024
middle half of the sector
20182024
Solvency
33.8%
=
2024
middle half of the sector
20182024
Current ratio
1.51
=
2024
middle half of the sector
20182024
Return on assets (ROA)
no figure
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€1,056-€216▼ 79.6%-€15,687-€6,045▲ 61.5%€7,235€19,888▲ 175%
Net result€436-€141▼ 67.7%-€15,770below the sector's middle half-€6,096below the sector's middle half▲ 61.3%€7,235within the sector's middle half€19,888within the sector's middle half▲ 175%
Equity€38,218-€38,359▲ 0.4%€22,589within the sector's middle half▼ 41.1%€16,492below the sector's middle half▼ 27.0%€23,727within the sector's middle half▲ 43.9%€43,615within the sector's middle half▲ 83.8%€43,615within the sector's middle half=
Total assets€76,557-€114,508▲ 49.6%€106,006within the sector's middle half▼ 7.4%€102,047within the sector's middle half▼ 3.7%€109,093within the sector's middle half▲ 6.9%€128,981within the sector's middle half▲ 18.2%€128,981within the sector's middle half=
Debt€38,339-€76,149▲ 98.6%€83,417▲ 9.5%€85,555▲ 2.6%€85,366▼ 0.2%€85,366=€85,366=
Working capital€38,218-€38,359▲ 0.4%€22,589within the sector's middle half▼ 41.1%€16,492within the sector's middle half▼ 27.0%€23,727within the sector's middle half▲ 43.9%€43,615within the sector's middle half▲ 83.8%€43,615within the sector's middle half=
Solvency49.9%-33.5%▼ 16.4pp21.3%within the sector's middle half▼ 12.2pp16.2%below the sector's middle half▼ 5.1pp21.7%within the sector's middle half▲ 5.6pp33.8%within the sector's middle half▲ 12.1pp33.8%within the sector's middle half=
Current ratio2.00-1.50▼ 0.491.27within the sector's middle half▼ 0.231.19within the sector's middle half▼ 0.081.28within the sector's middle half▲ 0.091.51within the sector's middle half▲ 0.231.51within the sector's middle half=
Return on assets (ROA)0.6%-0.1%▼ 0.4pp-14.9%below the sector's middle half▼ 15.0pp-6.0%below the sector's middle half▲ 8.9pp6.6%within the sector's middle half▲ 12.6pp15.4%within the sector's middle half▲ 8.8pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). 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 2023 is 175% higher than in 2022 and the highest since 2020. It is the third rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €128,981
Equity
€43,615 =
Debt
€85,366 =
Debt's share of the balance-sheet total stays at 66.2%.
Key figures and ratios
Debt to equity
1.96=
2023 · 1.96
Debt ≤ 1 year
€85,366=
2023 · €85,366
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | €1,056 | €216 | -€14,892 | -€6,045 | €7,235 | €19,888 | - | - |
| Operating profit (loss)9901 | €1,056 | €216 | -€15,687 | -€6,045 | €7,235 | €19,888 | - | - |
| Financial charges65/66B | - | - | - | €52 | - | - | - | - |
| Recurring financial charges65 | €492 | - | €83 | €52 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €565 | €216 | -€15,770 | -€6,096 | €7,235 | €19,888 | - | - |
| Income taxes67/77 | €128 | €75 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €436 | €141 | -€15,770 | -€6,096 | €7,235 | €19,888 | - | - |
| Profit (loss) for the period to be appropriated9905 | €436 | €141 | -€15,770 | -€6,096 | €7,235 | €19,888 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €76,557 | €114,508 | €106,006 | €102,047 | €109,093 | €128,981 | €128,981 | = |
| Current assets29/58 | €76,557 | €114,508 | €106,006 | €102,047 | €109,093 | €128,981 | €128,981 | = |
| Amounts receivable within one year40/41 | €59,559 | €69,688 | €61,039 | €98,517 | €105,578 | €125,578 | €125,578 | = |
| Trade receivables40 | - | - | - | €98,078 | €105,578 | €125,578 | €125,578 | = |
| Other amounts receivable41 | - | - | - | €439 | - | - | - | - |
| Cash at bank and in hand54/58 | €2,799 | €2,799 | €2,967 | €3,403 | €3,403 | €3,403 | €3,403 | = |
| Deferred charges and accrued income490/1 | - | - | - | €127 | €112 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €76,557 | €114,508 | €106,006 | €102,047 | €109,093 | €128,981 | €128,981 | = |
| Equity10/15 | €38,218 | €38,359 | €22,589 | €16,492 | €23,727 | €43,615 | €43,615 | = |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €22,000 | €22,000 | = |
| Capital10 | - | - | - | €20,000 | €20,000 | - | - | - |
| Issued capital100 | - | - | - | €20,000 | €20,000 | - | - | - |
| Reserves13 | €18,218 | €18,218 | €18,218 | €18,218 | €18,218 | €16,218 | €16,218 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - |
| Legal reserve130 | - | - | - | €2,000 | €2,000 | - | - | - |
| Distributable reserves133 | - | - | - | €16,218 | €16,218 | €16,218 | €16,218 | = |
| Profit (loss) carried forward14 | - | €141 | -€15,629 | -€21,726 | -€14,491 | €5,397 | €5,397 | = |
| Amounts payable17/49 | €38,339 | €76,149 | €83,417 | €85,555 | €85,366 | €85,366 | €85,366 | = |
| Amounts payable within one year42/48 | €38,339 | €76,149 | €83,417 | €85,555 | €85,366 | €85,366 | €85,366 | = |
| Trade debts44 | €429 | €1,713 | €10,425 | €9,910 | €10,288 | €10,288 | €10,288 | = |
| Suppliers440/4 | - | - | - | €9,910 | €10,288 | €10,288 | €10,288 | = |
| Taxes, remuneration and social security45 | - | - | - | €53,337 | €52,770 | €52,770 | €52,770 | = |
| Taxes450/3 | - | - | - | €9,962 | €9,394 | €9,394 | €9,394 | = |
| Remuneration and social security454/9 | - | - | - | €43,376 | €43,376 | €43,376 | €43,376 | = |
| Other amounts payable47/48 | - | - | - | €22,308 | €22,308 | €22,308 | €22,308 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €436 | €141 | -€15,770 | -€6,096 | €7,235 | €19,888 | - | - |
| Operating cash flow (approximation) | €436 | €141 | -€15,770 | -€6,096 | €7,235 | €19,888 | - | - |
| Change in cash | - | €0 | €169 | €435 | €0 | €0 | €0 | - |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 31-07-2025 | 2025-00348807 | |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00362482 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00378605 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20252943 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-58600327 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46600486 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-44000479 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-48200404 | |
| 31-12-2016 | micro format | 01-09-2017 | 2017-54900215 | |
| 31-12-2015 | abbreviated format | 30-07-2016 | 2016-40000027 |