POINT SERVICES
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 15-11-2025 PDF all 24 filings
Turnover
≈ €500,000
Estimated: probably between €340,000 and €770,000
Total assets
€150,266▲ 116%
2024 · €69,565
Net result
€13,528▲ 31×
2024 · €440
Working capital
€31,744▼ 35.7%
2024 · €49,392
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€14,631
▲ 133%
2025
20192025
Net result
€13,528
▲ 31×
2025
middle half of the sector
20192025
Equity
€60,769
▲ 28.6%
2025
middle half of the sector
20192025
Total assets
€150,266
▲ 116%
2025
middle half of the sector
20192025
Debt
€89,497
▲ 301%
2025
20192025
Working capital
€31,744
▼ 35.7%
2025
middle half of the sector
20192025
Solvency
40.4%
▼ 27.5pp
2025
middle half of the sector
20192025
Current ratio
1.36
▼ 2.15
2025
middle half of the sector
20192025
Return on assets (ROA)
9.0%
▲ 8.4pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€22,517--€6,915€15,175-€2,410-€1,257▲ 47.8%€6,266€14,631▲ 133%
Net result€14,931--€7,365below the sector's middle half€14,266within the sector's middle half-€4,606below the sector's middle half-€2,413within the sector's middle half▲ 47.6%€440within the sector's middle half€13,528within the sector's middle half▲ 31×
Equity€46,919-€39,554within the sector's middle half▼ 15.7%€53,820within the sector's middle half▲ 36.1%€49,214within the sector's middle half▼ 8.6%€46,801within the sector's middle half▼ 4.9%€47,241within the sector's middle half▲ 0.9%€60,769within the sector's middle half▲ 28.6%
Total assets€85,910-€63,029within the sector's middle half▼ 26.6%€70,145within the sector's middle half▲ 11.3%€63,543within the sector's middle half▼ 9.4%€80,453within the sector's middle half▲ 26.6%€69,565within the sector's middle half▼ 13.5%€150,266within the sector's middle half▲ 116%
Debt€38,991-€23,476▼ 39.8%€16,325▼ 30.5%€14,329▼ 12.2%€33,652▲ 135%€22,324▼ 33.7%€89,497▲ 301%
Working capital€45,531-€36,664within the sector's middle half▼ 19.5%€53,820within the sector's middle half▲ 46.8%€49,214within the sector's middle half▼ 8.6%€51,506within the sector's middle half▲ 4.7%€49,392within the sector's middle half▼ 4.1%€31,744within the sector's middle half▼ 35.7%
Solvency54.6%-62.8%above the sector's middle half▲ 8.1pp76.7%above the sector's middle half▲ 14.0pp77.4%above the sector's middle half▲ 0.7pp58.2%within the sector's middle half▼ 19.3pp67.9%above the sector's middle half▲ 9.7pp40.4%within the sector's middle half▼ 27.5pp
Current ratio2.24-2.56within the sector's middle half▲ 0.324.30above the sector's middle half▲ 1.744.43above the sector's middle half▲ 0.142.82above the sector's middle half▼ 1.623.50above the sector's middle half▲ 0.691.36within the sector's middle half▼ 2.15
Return on assets (ROA)17.4%--11.7%below the sector's middle half▼ 29.1pp20.3%above the sector's middle half▲ 32.0pp-7.2%below the sector's middle half▼ 27.6pp-3.0%within the sector's middle half▲ 4.3pp0.6%within the sector's middle half▲ 3.6pp9.0%within the sector's middle half▲ 8.4pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). 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 133% higher than in 2024. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150,266
Fixed assets
€29,532 ▲ 67×
Current assets
€120,734 ▲ 74.7%
Equity and liabilities €150,266
Equity
€60,769 ▲ 28.6%
Debt
€89,497 ▲ 301%
Debt's share of the balance-sheet total rises from 32.1% to 59.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,775▲
2024 · €6,407
Cash flow
€15,672▲
2024 · €580
Quick ratio
0.96▼
2024 · 2.71
Debt to equity
1.47▲
2024 · 0.47
ROE
22.3%▲
2024 · 0.9%
Interest coverage
15.21▲
2024 · 1.08
Debt ≤ 1 year
€88,990▲
2024 · €19,734
Staff costs
€24,546▲
2024 · €18,980
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €702 | - | €31,237 |
| Depreciation and write-downs of the year | - | €123 | €141 | €2,144 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €12,500 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €11,673 | €20,194 | €18,980 | €24,546 | ▲ 29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,716 | €701 | - | - | €123 | €141 | €2,144 | ▲ 15× |
| Other operating charges640/8 | - | - | - | €4,335 | €1,792 | €1,905 | €2,034 | ▲ 6.8% |
| Gross operating margin9900 | €54,130 | €19,653 | €30,078 | €13,599 | €20,851 | €27,292 | €43,356 | ▲ 58.9% |
| Operating profit (loss)9901 | €22,517 | -€6,915 | €15,175 | -€2,410 | -€1,257 | €6,266 | €14,631 | ▲ 133% |
| Financial income75/76B | - | - | - | - | €3 | €83 | - | - |
| Recurring financial income75 | €1 | €0 | €13 | - | €3 | €83 | - | - |
| Financial charges65/66B | - | - | - | €677 | €1,158 | €5,910 | €1,103 | ▼ 81.3% |
| Recurring financial charges65 | €357 | €450 | €921 | €677 | €1,158 | €5,910 | €1,103 | ▼ 81.3% |
| Profit (loss) for the period before taxes9903 | €22,161 | -€7,365 | €14,266 | -€3,087 | -€2,413 | €440 | €13,528 | ▲ 31× |
| Income taxes67/77 | €7,230 | - | - | €1,520 | - | - | - | - |
| Profit (loss) for the period9904 | €14,931 | -€7,365 | €14,266 | -€4,606 | -€2,413 | €440 | €13,528 | ▲ 31× |
| Profit (loss) for the period to be appropriated9905 | €14,931 | -€7,365 | €14,266 | -€4,606 | -€2,413 | €440 | €13,528 | ▲ 31× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €85,910 | €63,029 | €70,145 | €63,543 | €80,453 | €69,565 | €150,266 | ▲ 116% |
| Fixed assets21/28 | €3,591 | €2,890 | - | - | €580 | €439 | €29,532 | ▲ 67× |
| Tangible fixed assets22/27 | €701 | - | - | - | €580 | €439 | €29,532 | ▲ 67× |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €15,723 | - |
| Furniture and vehicles24 | - | - | - | - | €580 | €439 | €2,314 | ▲ 427% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €11,496 | - |
| Financial fixed assets28 | €2,890 | €2,890 | - | - | - | - | - | - |
| Current assets29/58 | €82,319 | €60,139 | €70,145 | €63,543 | €79,873 | €69,126 | €120,734 | ▲ 74.7% |
| Stocks and contracts in progress3 | €12,816 | €4,458 | €5,351 | €7,125 | €10,344 | €15,574 | €34,866 | ▲ 124% |
| Stocks30/36 | - | - | - | €7,125 | €10,344 | €15,574 | €34,866 | ▲ 124% |
| Amounts receivable within one year40/41 | €16,773 | €7,912 | €6,496 | €5,386 | €16,055 | €6,658 | €62,284 | ▲ 835% |
| Trade receivables40 | - | - | - | €665 | €10,993 | €6,116 | €39,579 | ▲ 547% |
| Other amounts receivable41 | - | - | - | €4,721 | €5,062 | €543 | €22,705 | ▲ 42× |
| Cash at bank and in hand54/58 | €52,730 | €47,770 | €58,298 | €51,032 | €53,475 | €46,718 | €22,415 | ▼ 52.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €175 | €1,168 | ▲ 566% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €85,910 | €63,029 | €70,145 | €63,543 | €80,453 | €69,565 | €150,266 | ▲ 116% |
| Equity10/15 | €46,919 | €39,554 | €53,820 | €49,214 | €46,801 | €47,241 | €60,769 | ▲ 28.6% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €26,919 | €26,919 | €33,820 | €33,820 | €33,820 | €33,820 | €33,820 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | - | - | - |
| Distributable reserves133 | - | - | - | €31,820 | €31,820 | €33,820 | €33,820 | = |
| Profit (loss) carried forward14 | - | -€7,365 | - | -€4,606 | -€7,019 | -€6,579 | €6,949 | - |
| Amounts payable17/49 | €38,991 | €23,476 | €16,325 | €14,329 | €33,652 | €22,324 | €89,497 | ▲ 301% |
| Amounts payable after more than one year17 | - | - | - | - | €3,135 | €1,190 | - | - |
| Financial debts170/4 | - | - | - | - | €3,135 | €1,190 | - | - |
| Amounts payable within one year42/48 | €36,788 | €23,476 | €16,325 | €14,329 | €28,367 | €19,734 | €88,990 | ▲ 351% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1,831 | €1,945 | €5,500 | ▲ 183% |
| Financial debts43 | - | - | - | - | - | €2,497 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €2,497 | - | - |
| Trade debts44 | €21,748 | €11,160 | €13,426 | €8,379 | €17,878 | €3,826 | €73,870 | ▲ 19× |
| Suppliers440/4 | - | - | - | €8,379 | €17,878 | €3,826 | €73,870 | ▲ 19× |
| Taxes, remuneration and social security45 | - | - | - | €1,798 | €3,546 | €5,181 | €9,620 | ▲ 85.7% |
| Taxes450/3 | - | - | - | - | €434 | €889 | €1,295 | ▲ 45.6% |
| Remuneration and social security454/9 | - | - | - | €1,798 | €3,111 | €4,292 | €8,325 | ▲ 94.0% |
| Other amounts payable47/48 | - | - | - | €4,152 | €5,112 | €6,286 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,150 | €1,400 | €507 | ▼ 63.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,931 | -€7,365 | €14,266 | -€4,606 | -€2,413 | €440 | €13,528 | ▲ 31× |
| + Depreciation and write-downs630 | €2,716 | €701 | - | - | €123 | €141 | €2,144 | ▲ 15× |
| Operating cash flow (approximation) | €17,647 | -€6,664 | €14,266 | -€4,606 | -€2,290 | €580 | €15,672 | ▲ 27× |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | €0 | -€31,237 | - |
| Change in cash | - | -€4,960 | €10,529 | -€7,266 | €2,443 | -€6,756 | -€24,303 | ▼ 260% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as POINT SERVICES has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POINT SERVICES itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for POINT SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 15-11-2025 | 2025-00566703 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00020841 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00020542 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00014862 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-03200042 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-02900190 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-04200306 | |
| 30-06-2018 | micro format | 15-01-2019 | 2019-01300492 | |
| 30-06-2017 | micro format | 09-01-2018 | 2018-00900240 | |
| 30-06-2016 | full format | 13-02-2017 | 2017-04400077 |