Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-01-2026 PDF all 27 filings
Equity
Not included in this filing
Total assets
€268,056▲ 11.3%
2024 · €240,865
Net result
€2,092▼ 42.9%
2024 · €3,665
Working capital
-€6,018=
2024 · -€6,018
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€89
▼ 4.7%
2025
20182025
Net result
€2,092
▼ 42.9%
2025
20182025
Total assets
€268,056
▲ 11.3%
2025
20182025
Debt
€268,056
▲ 11.3%
2025
20182025
Working capital
-€6,018
=
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€72--€73▼ 1.4%-€73=-€76▼ 4.1%-€85▼ 11.8%-€85=-€85=-€89▼ 4.7%
Net result-€72--€73▼ 1.4%-€73=-€76▼ 4.1%€2,093€2,380▲ 13.7%€3,665▲ 54.0%€2,092▼ 42.9%
Total assets€258,761-€259,655▲ 0.3%€274,866▲ 5.9%€276,581▲ 0.6%€253,160▼ 8.5%€237,102▼ 6.3%€240,865▲ 1.6%€268,056▲ 11.3%
Debt€258,761-€259,655▲ 0.3%€274,866▲ 5.9%€276,581▲ 0.6%€253,160▼ 8.5%€237,102▼ 6.3%€240,865▲ 1.6%€268,056▲ 11.3%
Working capital-€6,018--€6,018=-€6,018=-€6,018=-€6,018=-€6,018=-€6,018=-€6,018=
The operating result for 2025 is a loss of €89, larger than the loss of €85 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268,056
Fixed assets
€6,018 =
Current assets
€262,038 ▲ 11.6%
Key figures and ratios
Current ratio
0.98▲
2024 · 0.98
ROA
0.8%▼
2024 · 1.5%
Debt ≤ 1 year
€268,056▲
2024 · €240,865
Income taxes
€1,340▼
2024 · €1,572
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 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€72 | -€73 | -€73 | -€76 | -€85 | -€85 | -€85 | -€89 | ▼ 4.7% |
| Operating profit (loss)9901 | -€72 | -€73 | -€73 | -€76 | -€85 | -€85 | -€85 | -€89 | ▼ 4.7% |
| Financial income75/76B | - | - | - | - | €3,254 | €4,253 | €5,718 | €4,469 | ▼ 21.8% |
| Recurring financial income75 | €0 | - | - | - | €3,254 | €4,253 | €5,718 | €4,469 | ▼ 21.8% |
| Non-recurring financial income76B | - | - | - | - | €3,254 | - | €5,718 | €4,469 | ▼ 21.8% |
| Financial charges65/66B | - | - | - | - | €99 | €654 | €396 | €948 | ▲ 139% |
| Recurring financial charges65 | - | - | - | - | €99 | €654 | €396 | €948 | ▲ 139% |
| Non-recurring financial charges66B | - | - | - | - | €99 | - | €396 | €948 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | -€72 | -€73 | -€73 | -€76 | €3,070 | €3,514 | €5,237 | €3,432 | ▼ 34.5% |
| Income taxes67/77 | €0 | - | - | - | €977 | €1,134 | €1,572 | €1,340 | ▼ 14.8% |
| Profit (loss) for the period9904 | -€72 | -€73 | -€73 | -€76 | €2,093 | €2,380 | €3,665 | €2,092 | ▼ 42.9% |
| Profit (loss) for the period to be appropriated9905 | -€72 | -€73 | -€73 | -€76 | €2,093 | €2,380 | €3,665 | €2,092 | ▼ 42.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €258,761 | €259,655 | €274,866 | €276,581 | €253,160 | €237,102 | €240,865 | €268,056 | ▲ 11.3% |
| Fixed assets21/28 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | = |
| Tangible fixed assets22/27 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | = |
| Assets under construction and advance payments27 | - | - | - | €6,018 | €6,018 | €6,018 | €6,018 | €6,018 | = |
| Current assets29/58 | €252,743 | €253,637 | €268,848 | €270,563 | €247,142 | €231,084 | €234,847 | €262,038 | ▲ 11.6% |
| Current investments50/53 | €246,243 | €246,163 | €262,669 | €262,600 | €240,942 | €228,123 | €231,890 | €259,083 | ▲ 11.7% |
| Cash at bank and in hand54/58 | €6,500 | €7,474 | €6,179 | €7,963 | €6,200 | €2,961 | €2,957 | €2,955 | ▼ 0.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €258,761 | €259,655 | €274,866 | €276,581 | €253,160 | €237,102 | €240,865 | €268,056 | ▲ 11.3% |
| Amounts payable17/49 | €258,761 | €259,655 | €274,866 | €276,581 | €253,160 | €237,102 | €240,865 | €268,056 | ▲ 11.3% |
| Amounts payable within one year42/48 | €258,761 | €259,655 | €274,866 | €276,581 | €253,160 | €237,102 | €240,865 | €268,056 | ▲ 11.3% |
| Trade debts44 | €72 | €73 | €73 | €76 | €85 | €85 | €85 | €89 | ▲ 4.7% |
| Suppliers440/4 | - | - | - | €76 | €85 | €85 | €85 | €89 | ▲ 4.7% |
| Other amounts payable47/48 | - | - | - | €276,505 | €253,075 | €237,017 | €240,780 | €267,967 | ▲ 11.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€72 | -€73 | -€73 | -€76 | €2,093 | €2,380 | €3,665 | €2,092 | ▼ 42.9% |
| Operating cash flow (approximation) | -€72 | -€73 | -€73 | -€76 | €2,093 | €2,380 | €3,665 | €2,092 | ▼ 42.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €974 | -€1,295 | €1,784 | -€1,763 | -€3,239 | -€4 | -€2 | ▲ 50.0% |
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 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-01-2026 | 2026-00012741 | |
| 31-12-2024 | abbreviated format | 25-01-2025 | 2025-00010262 | |
| 31-12-2023 | abbreviated format | 03-05-2024 | 2024-00081593 | |
| 31-12-2022 | abbreviated format | 06-03-2023 | 2023-00035915 | |
| 31-12-2021 | abbreviated format | 16-09-2022 | 2022-20430049 | |
| 31-12-2020 | micro format | 13-07-2021 | 2021-34700100 | |
| 31-12-2019 | abbreviated format | 16-06-2020 | 2020-17200167 | |
| 31-12-2018 | abbreviated format | 09-05-2019 | 2019-12600518 | |
| 31-12-2016 | abbreviated format | 11-07-2017 | 2017-30000374 | |
| 31-12-2015 | abbreviated format | 18-07-2016 | 2016-33300064 |