PEA
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€395,609
▲ 43.8%
€353,659
▲ 31.9%
€260,317
▲ 32.1%
-€33,463
▼ €11,170
8.5%
▼ 3.9 percentage points
0.86
▲ 0.01
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €570,000. Estimated: probably between €470,000 and €990,000.
Balance sheet
balance sheet total €309,660 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
8.5%
Higher than 15% of 39,376 companies in 2025.
0.86
Higher than 20% of 38,058 companies in 2025.
84.1%
Higher than 95% of 38,530 companies in 2025.
PEA
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€28,774
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 5 people joined and 4 left.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
309,660 | 169,499 | 64,677 | 42,337 | 39,382 | 6,630 | 588 | 2,346 | 10,171 | 25,348 | 41,751 | 70,589 | |
21/28 |
98,145 | 43,364 | 24,429 | 4,774 | 31,622 | 5,237 | - | - | 7,824 | 18,734 | 31,007 | 49,549 | |
21 |
- | - | - | - | - | - | - | - | 2,236 | 5,217 | 8,198 | 11,179 | |
22/27 |
97,745 | 42,964 | 23,029 | 3,774 | 30,622 | 4,237 | - | - | 5,589 | 13,517 | 22,809 | 38,370 | |
23 |
- | - | - | - | - | - | - | - | 5,589 | 13,040 | 20,492 | 27,944 | |
24 |
55,745 | 964 | 3,029 | 3,774 | 30,622 | 4,237 | - | - | - | 477 | 2,317 | 10,426 | |
27 |
42,000 | 42,000 | 20,000 | - | - | - | - | - | - | - | - | - | |
28 |
400 | 400 | 1,400 | 1,000 | 1,000 | 1,000 | - | - | - | - | - | - | |
29/58 |
211,515 | 126,136 | 40,248 | 37,563 | 7,760 | 1,393 | 588 | 2,346 | 2,346 | 6,614 | 10,744 | 21,040 | |
3 |
- | - | - | - | - | - | - | - | - | 4,268 | 4,268 | 5,292 | |
30/36 |
- | - | - | - | - | - | - | - | - | 4,268 | 4,268 | 5,292 | |
40/41 |
172,256 | 4,245 | 38,675 | 35,920 | 5,335 | 1,184 | 588 | 2,346 | 2,346 | 2,346 | 2,402 | 15,215 | |
40 |
172,256 | 4,245 | 38,675 | 35,920 | 5,324 | 1,184 | 588 | - | - | - | - | 1,186 | |
41 |
- | - | - | - | 11 | - | - | 2,346 | 2,346 | 2,346 | 2,402 | 14,029 | |
54/58 |
36,940 | 111,796 | 182 | 742 | 619 | 66 | - | - | - | - | 4,074 | 320 | |
490/1 |
2,319 | 10,096 | 1,391 | 902 | 1,806 | 143 | - | - | - | - | - | 213 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
309,660 | 169,499 | 64,677 | 42,337 | 39,382 | 6,630 | 588 | 2,346 | 10,171 | 25,348 | 41,751 | 70,589 | |
10/15 |
26,388 | 21,071 | -105,955 | -132,796 | -134,441 | -151,249 | -193,819 | -197,602 | -189,680 | -174,119 | -153,551 | -122,231 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | |
14 |
7,788 | 2,471 | -124,555 | -151,396 | -153,041 | -157,449 | -200,019 | -203,802 | -195,880 | -180,319 | -159,751 | -128,431 | |
17/49 |
283,272 | 148,429 | 170,632 | 175,134 | 173,824 | 157,879 | 194,408 | 199,948 | 199,850 | 199,466 | 195,302 | 192,820 | |
17 |
38,294 | - | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | |
170/4 |
38,294 | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | |
42/48 |
244,978 | 148,429 | 50,545 | 55,109 | 53,824 | 37,372 | 74,408 | 199,948 | 199,850 | 199,466 | 195,302 | 192,820 | |
42 |
11,296 | - | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | 11 | 99 | 13 | 83 | - | |
430/8 |
- | - | - | - | - | - | - | 11 | 99 | 13 | 83 | - | |
44 |
21,666 | 4,929 | 5,364 | 6,225 | 21,507 | 20,595 | 5,185 | 7,336 | 7,336 | 8,888 | 5,199 | 25,819 | |
440/4 |
21,666 | 4,929 | 5,364 | 6,225 | 21,507 | 20,595 | 5,185 | 7,336 | 7,336 | 8,888 | 5,199 | 25,819 | |
46 |
- | 22,204 | 3,000 | - | 5,445 | - | - | - | - | - | - | - | |
45 |
191,430 | 110,333 | 17,552 | 18,164 | 6,640 | 4,635 | - | - | - | - | 62 | 21,688 | |
450/3 |
190,636 | 110,333 | 17,552 | 18,164 | 6,640 | 4,635 | - | - | - | - | - | 2,833 | |
454/9 |
794 | - | - | - | - | - | - | - | - | - | 62 | 18,855 | |
47/48 |
20,587 | 10,963 | 24,629 | 30,719 | 20,231 | 12,142 | 69,223 | 192,601 | 192,415 | 190,565 | 189,958 | 145,313 | |
492/3 |
- | - | 87 | 25 | - | 506 | - | - | - | - | - | - | |
| Income statement | |||||||||||||
76A |
- | - | - | - | 7 | - | 21,150 | - | - | - | - | - | |
9900 |
395,609 | 275,134 | 40,857 | 9,115 | 17,585 | 51,144 | 6,533 | - | -4,268 | -7,619 | -14,686 | -59,317 | |
62 |
25,897 | - | - | - | - | - | - | - | - | 575 | 1,868 | 38,499 | |
630 |
14,187 | 2,065 | 1,935 | 1,345 | 3,642 | 649 | - | 7,824 | 10,909 | 12,273 | 12,755 | 18,574 | |
640/8 |
1,867 | 4,936 | 705 | 3,767 | 6,330 | 4,153 | 2,750 | - | - | - | 1,320 | 8,684 | |
9901 |
353,659 | 268,133 | 38,217 | 4,003 | 7,613 | 46,343 | 3,783 | -7,824 | -15,177 | -20,468 | -30,629 | -125,074 | |
75/76B |
- | 0 | 1 | 1 | 0 | 0 | - | - | - | 66 | 1 | 13 | |
75 |
- | 0 | 1 | 1 | 0 | 0 | - | - | - | 66 | 1 | 13 | |
65/66B |
4,329 | 3,029 | 349 | 141 | 232 | 1,773 | - | 98 | 384 | 166 | 692 | 3,370 | |
65 |
4,329 | 3,029 | 349 | 141 | 232 | 1,773 | - | 98 | 384 | 166 | 692 | 3,370 | |
9903 |
349,331 | 265,104 | 37,869 | 3,862 | 7,381 | 44,570 | 3,783 | -7,922 | -15,561 | -20,567 | -31,320 | -128,431 | |
67/77 |
89,013 | 68,077 | 11,028 | 2,217 | 2,974 | 2,000 | - | - | - | - | - | - | |
9904 |
260,317 | 197,026 | 26,841 | 1,645 | 4,408 | 42,570 | 3,783 | -7,922 | -15,561 | -20,567 | -31,320 | -128,431 | |
9905 |
260,317 | 197,026 | 26,841 | 1,645 | 4,408 | 42,570 | 3,783 | -7,922 | -15,561 | -20,567 | -31,320 | -128,431 | |
| Appropriation of the result | |||||||||||||
9906 |
262,788 | 72,471 | -124,555 | -151,396 | -153,041 | -157,449 | -200,019 | -203,802 | -195,880 | -180,319 | -159,751 | -128,431 | |
14P |
2,471 | -124,555 | -151,396 | -153,041 | -157,449 | - | - | - | - | - | - | - | |
694/7 |
255,000 | 70,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
255,000 | 70,000 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
0.9 | - | - | - | - | - | - | - | - | - | 0.1 | 1 | |
Hours worked1013 |
902 | - | - | - | - | - | - | - | - | - | 104 | 1,835 | |
| Document | |||||||||||||
The notes to these accounts have 7 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 31-07-2026.
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 | micro format | 31-07-2026 | 2026-00363611 | |
| 31-12-2024 | micro format | 28-05-2025 | 2025-00108720 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00435969 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00378687 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20404337 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-61800236 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48100411 | |
| 31-12-2018 | micro format | 12-11-2019 | 2019-73800489 | |
| 31-12-2017 | micro format | 12-11-2019 | 2019-73800429 | |
| 31-12-2016 | micro format | 23-01-2018 | 2018-02700325 | |
| 31-12-2015 | full format | 05-10-2016 | 2016-64700176 | |
| 31-12-2014 | full format | 09-05-2016 | 2016-12200140 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 367,846 | 270,198 | 40,152 | 5,348 | 11,256 | 46,992 | - | 0 | -4,268 | -8,195 | -17,874 | -106,500 | ||
| 274,504 | 199,091 | 28,775 | 2,990 | 8,050 | 43,219 | - | -98 | -4,652 | -8,295 | -18,565 | -109,857 | ||
| 68,968 | 22,000 | 21,589 | 2,052 | 30,420 | 5,886 | - | 0 | 0 | -1 | -5,787 | 68,123 | ||
| -74,856 | 111,614 | -560 | 123 | 553 | - | - | - | - | - | 3,754 | - | ||
| -33,463 | -22,293 | -10,297 | -17,545 | -46,063 | -35,980 | -73,819 | -197,602 | -197,504 | -192,853 | -184,558 | -171,780 | ||
| 8.5% | 12.4% | -163.8% | -313.7% | -341.4% | - | - | - | - | -686.9% | -367.8% | -173.2% | ||
| 0.86 | 0.85 | 0.80 | 0.68 | 0.14 | 0.04 | - | - | 0.01 | 0.03 | 0.06 | 0.11 | ||
| 0.86 | 0.85 | 0.80 | 0.68 | 0.14 | 0.04 | - | - | 0.01 | 0.01 | 0.03 | 0.08 | ||
| 10.73 | 7.04 | - | - | - | - | - | - | - | - | - | - | ||
| 986.5% | 935.1% | - | - | - | - | - | - | - | - | - | - | ||
| 84.1% | 116.2% | 41.5% | 3.9% | 11.2% | 642.1% | - | - | -153.0% | -81.1% | -75.0% | -181.9% | ||
| 84.98 | 89.19 | over 100 | 37.96 | 48.42 | - | - | - | - | - | - | - |
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 |
|---|---|
| Employees at the balance-sheet date | 1 |
| part-time | 1 |
| in full-time equivalents | 0.3 |
| 0.3 | |
| On a permanent contract | 1 |
| Joined | 5 |
| Left | 4 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €68,968 | €22,000 | €21,189 | €2,052 | €30,420 |
| Financial fixed assets | - | - | €400 | - | - |
| €14,187 | €2,065 | €1,935 | €1,345 | €3,642 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PEA
The operating result for 2025 is 32% higher than in 2024 and the highest since 2014. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 87.6% to 91.5%. Equity and debt are higher.