PRACTICAL

Active Public limited companyfounded 1995active for 31 yearsNatiënlaan 162, 8300 Knokke-HeistKBO/BCE: BE 0455.352.345 subsidiary of Hubo België#7 employer in Knokke-Heist, Wholesale and retail trade sector

Part of the group Teweka 99 companies in 4 countries

See the group

PRACTICAL

Financial year 2025

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Annual accounts 2025

full format, filed on 17-07-2026, 14 days before the deadline

€13.1m

▼ 17.9%

€315,469

▲ 31.2%

€437,291

▲ 40.1%

€347,619

▲ 65.6%

40.0%

▼ 15.6 percentage points

1.07

▼ 0.21

In the rankings #7 employer in Knokke-Heist, Wholesale and retail trade sector #9 company by total assets in Knokke-Heist, Wholesale and retail trade sector

Money flows

of every €100 of turnover, €1.73 remains as profit in 2025

Balance sheet

balance sheet total €11.6m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

40.0%

Higher than 55% of 5,070 companies in 2025.

1.07

Higher than 30% of 4,996 companies in 2025.

2.0%

Higher than 43% of 5,039 companies in 2025.

PRACTICAL Middle half of the sector 80% of the sector Full accounts in retail trade (NACE 47)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

Men and women27% women

23.1 men and 8.6 women in full-time equivalents in 2025.

€52,848

Men €54,152, women €49,345 per full-time equivalent. Jobs differ, so this is not a pay gap.

-2 people

people who joined people who left

In 2025, 6 people joined and 8 left. Training hours in 2025: 248. Agency workers: 2.5 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	11.6m	7.9m	9.8m	10.1m	7.1m	6.8m	7.5m	6.8m	10.0m	9.6m	9.2m	8.7m	8.9m	7.4m	8.3m	9.1m	9.4m	3.5m	3.2m	3.1m
`20`	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`21/28`	6.8m	4.2m	4.6m	4.6m	2.0m	1.8m	1.9m	2.0m	2.0m	2.1m	2.1m	1.9m	2.4m	3.1m	4.1m	5.0m	5.5m	2.0m	2.0m	2.0m
`21`	0	0	298	1,353	2,408	-	-	-	-	586	5,090	5,786	379,874	1.1m	1.9m	2.6m	3.3m	-	-	-
`22/27`	6.8m	4.2m	4.6m	4.6m	2.0m	1.8m	1.9m	2.0m	2.0m	2.1m	2.1m	1.9m	2.0m	2.0m	2.2m	2.4m	2.2m	1.9m	2.0m	2.0m
`22`	6.1m	3.9m	4.3m	4.4m	1.5m	1.6m	1.6m	1.6m	1.7m	1.7m	1.6m	1.6m	1.7m	1.7m	1.8m	1.8m	1.8m	1.8m	1.9m	1.9m
`23`	491,575	57,105	71,165	44,580	48,218	54,562	73,895	98,297	92,697	110,750	112,730	62,028	127,878	120,965	154,094	197,959	175,726	98,167	134,105	101,425
`24`	51,412	30,604	35,721	21,375	31,638	25,143	25,549	47,229	83,821	99,785	23,548	21,531	9,979	20,149	61,868	127,356	182,933	4,380	3,050	6,328
`25`	87,277	-	-	6,538	9,329	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	103,983	79,246	103,564	135,702	121,376	124,826	156,290	190,702	206,363	206,898	236,395	103,782	117,757	104,538	118,764	132,991	18,418	-	-	-
`27`	-	151,240	25,273	0	282,516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,505
`284/8`	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,505
`285/8`	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	1,349	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,456	3,505
`29/58`	4.8m	3.7m	5.2m	5.5m	5.1m	5.0m	5.7m	4.8m	7.9m	7.4m	7.1m	6.8m	6.5m	4.2m	4.3m	4.1m	3.9m	1.5m	1.2m	1.1m
`3`	4.1m	3.1m	4.4m	4.5m	4.5m	3.9m	4.0m	3.7m	3.8m	3.7m	3.5m	3.8m	3.5m	3.5m	3.3m	3.0m	3.0m	779,131	730,720	803,285
`30/36`	4.1m	3.1m	4.4m	4.5m	4.5m	3.9m	4.0m	3.7m	3.8m	3.7m	3.5m	3.8m	3.5m	3.5m	3.3m	3.0m	3.0m	779,131	730,720	803,285
`34`	4.1m	3.1m	4.4m	4.5m	4.5m	3.9m	4.0m	3.7m	3.8m	3.7m	3.5m	3.8m	3.5m	3.5m	3.3m	3.0m	3.0m	779,131	730,720	803,285
`40/41`	470,300	543,905	563,299	916,309	542,405	961,968	1.6m	922,295	4.0m	3.6m	3.5m	2.9m	2.8m	614,082	693,163	765,587	685,818	717,008	382,951	209,322
`40`	448,687	496,640	530,477	862,928	542,405	924,002	557,407	610,380	831,653	681,628	631,854	595,835	614,320	545,530	650,195	509,616	596,287	53,977	39,003	38,321
`41`	21,613	47,265	32,821	53,382	-	37,965	1.0m	311,915	3.2m	2.9m	2.8m	2.3m	2.2m	68,552	42,968	255,971	89,531	663,031	343,948	171,001
`54/58`	134,701	84,742	211,552	136,778	70,964	99,865	111,525	151,974	152,536	139,353	122,874	104,570	98,107	126,355	254,739	319,945	142,965	28,037	33,524	77,063
`490/1`	8,815	15,385	9,895	4,693	5,784	35,462	5,478	8,425	5,311	6,472	7,759	7,890	7,210	12,893	38,269	11,193	47,527	4,092	3,196	13,535
Balance sheet: equity and liabilities
`10/49`	11.6m	7.9m	9.8m	10.1m	7.1m	6.8m	7.5m	6.8m	10.0m	9.6m	9.2m	8.7m	8.9m	7.4m	8.3m	9.1m	9.4m	3.5m	3.2m	3.1m
`10/15`	4.6m	4.4m	4.3m	3.7m	3.2m	2.3m	3.8m	3.0m	4.9m	4.5m	3.9m	3.5m	2.9m	2.5m	2.5m	2.5m	3.1m	2.9m	2.5m	2.2m
`10/11`	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368
`10`	74,368	74,368	74,368	74,368	74,368	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368	74,368
`12`	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785	966,785
`13`	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747	248,747
`130/1`	7,437	7,437	7,437	7,437	7,437	7,437	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437	7,437
`133`	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310	241,310
`14`	3.3m	3.1m	3.0m	2.5m	1.9m	1.0m	2.5m	1.7m	3.6m	3.2m	2.6m	2.2m	1.7m	1.2m	1.2m	1.2m	1.8m	1.7m	1.3m	900,699
`17/49`	6.9m	3.5m	5.6m	6.4m	3.9m	4.5m	3.7m	3.8m	5.1m	5.1m	5.3m	5.2m	5.9m	4.8m	5.8m	6.6m	6.3m	530,164	635,491	890,539
`17`	2.5m	575,000	875,000	1.2m	1.5m	1.8m	1.9m	2.2m	2.5m	2.8m	3.1m	3.5m	3.8m	-	89,239	192,902	173,526	231,368	292,742	364,714
`170/4`	2.5m	575,000	875,000	1.2m	1.5m	1.8m	1.9m	2.2m	2.5m	2.8m	3.1m	3.5m	3.8m	-	89,239	192,902	173,526	231,368	292,742	364,714
`172`	55,055	-	-	0	1,583	6,282	-	4,565	-	-	9,080	42,545	50,623	-	31,397	77,218	-	-	-	-
`173`	2.4m	575,000	875,000	1.2m	1.5m	1.8m	1.9m	2.2m	2.5m	2.8m	3.1m	3.4m	3.7m	-	57,842	115,684	173,526	231,368	292,742	364,714
`42/48`	4.4m	2.9m	4.6m	5.2m	2.4m	2.6m	1.8m	1.5m	2.5m	2.2m	2.1m	1.7m	2.1m	4.8m	5.7m	6.4m	6.1m	289,635	328,141	517,455
`42`	483,118	300,000	300,000	301,583	304,699	304,624	304,565	304,493	300,000	309,080	333,465	357,767	335,671	89,239	103,663	102,177	57,842	61,374	71,972	255,972
`43`	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	655,312	762,865	780,802	645,896	833,182	1.2m	1.1m	856,606	1.7m	1.4m	1.5m	1.1m	1.6m	1.2m	1.6m	1.6m	1.5m	88,277	187,658	178,991
`440/4`	655,312	762,865	780,802	645,896	833,182	1.2m	1.1m	856,606	1.7m	1.4m	1.5m	1.1m	1.6m	1.2m	1.6m	1.6m	1.5m	88,277	187,658	178,991
`46`	42,223	30,907	37,281	24,605	25,928	20,128	29,426	37,546	35,418	19,393	11,050	17,878	4,683	9,455	9,487	-	4,181	839	1,244	-
`45`	313,962	319,937	294,226	373,469	324,959	489,271	323,555	252,584	468,342	422,223	309,803	185,802	152,127	155,053	155,402	150,855	162,511	139,144	67,268	82,492
`450/3`	58,148	1,570	10,970	81,313	36,978	163,790	155,507	100,092	299,492	255,499	149,721	21,508	-	20	-	-	58,784	80,996	16,678	33,912
`454/9`	255,814	318,366	283,256	292,156	287,981	325,481	168,048	152,492	168,850	166,724	160,083	164,293	152,127	155,033	155,402	150,855	103,727	58,148	50,590	48,580
`47/48`	2.9m	1.5m	3.2m	3.8m	888,316	580,598	7,439	6,831	5,843	13,313	3,811	610	-	3.4m	3.8m	4.6m	4.4m	-	-	-
`492/3`	28,027	40,321	53,080	35,559	39,888	66,887	58,372	68,028	64,526	69,652	34,283	45,636	9,873	53,117	28,548	20,606	33,727	9,162	14,608	8,371
Income statement
`70/76A`	13.4m	16.0m	15.9m	16.2m	15.7m	16.1m	15.4m	15.1m	14.5m	14.3m	13.9m	13.9m	14.0m	14.0m	13.3m	12.2m	8.3m	4.0m	3.8m	3.8m
`70`	13.1m	15.9m	15.8m	16.2m	15.6m	16.0m	15.4m	15.1m	14.5m	14.3m	13.8m	13.9m	13.9m	14.0m	13.3m	12.1m	8.1m	3.9m	3.7m	3.6m
`74`	331,986	113,259	47,132	36,197	53,751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`60/66A`	13.1m	15.8m	15.1m	15.4m	14.4m	14.7m	14.2m	14.2m	13.7m	13.4m	13.2m	13.1m	13.4m	13.8m	13.0m	12.4m	7.9m	3.4m	3.3m	3.3m
`60`	9.4m	11.6m	11.3m	11.3m	10.8m	11.0m	10.7m	10.8m	10.3m	10.3m	10.2m	9.7m	9.7m	10.0m	9.3m	8.6m	5.6m	2.5m	2.4m	2.4m
`600/8`	10.4m	10.2m	11.3m	11.3m	11.3m	11.1m	11.0m	10.7m	10.4m	10.4m	9.9m	10.0m	9.8m	10.2m	9.5m	8.6m	7.9m	2.5m	2.4m	2.4m
`609`	-1.1m	1.4m	-5,209	-8,801	-551,653	-85,946	-239,373	57,049	-109,321	-172,042	279,638	-241,640	-80,752	-178,355	-240,467	-32,440	-2.2m	-48,411	72,565	17,006
`61`	1.9m	1.9m	1.9m	1.9m	1.8m	1.8m	1.7m	1.7m	1.6m	1.4m	1.4m	1.3m	1.4m	1.4m	1.3m	1.4m	841,021	355,012	319,818	359,161
`62`	1.7m	1.8m	1.7m	1.7m	1.5m	1.6m	1.5m	1.5m	1.5m	1.4m	1.5m	1.5m	1.4m	1.5m	1.5m	1.5m	927,362	485,792	434,958	462,620
`630`	121,822	71,665	118,952	110,423	102,493	115,086	152,885	189,641	204,753	203,234	183,726	560,870	915,322	924,103	952,075	922,251	478,578	102,769	89,997	84,993
`631/4`	-8,623	-125,429	28,460	11,505	-12,310	129,283	10,186	30,550	54,723	10,740	-11,509	7,287	-9,568	13,494	-1,154	-2,912	9,462	-	-	493
`640/8`	75,155	137,844	74,039	124,070	109,356	75,381	62,814	53,856	37,219	52,652	56,072	54,985	28,199	30,462	27,061	21,101	14,542	13,502	11,767	11,034
`66A`	-	493,376	-	341,420	-	50	-	-	20	9,268	170	-	50	140	100	100	20	-	-	-
`9901`	315,469	240,387	760,968	776,931	1.3m	1.4m	1.2m	952,847	819,349	895,095	630,710	758,646	549,727	162,819	334,665	-191,220	362,548	565,993	533,793	456,350
`75/76B`	133,097	129,120	136,353	21,405	18,841	49,196	15,197	16,768	35,132	88,826	108,085	78,894	5,581	11,044	57,464	69,990	89,491	32,747	17,111	10,001
`75`	133,097	129,120	136,353	21,405	18,841	49,196	15,197	16,768	35,132	88,826	108,085	78,894	5,581	11,044	57,464	69,990	89,491	32,747	17,111	10,001
`751`	28	2	76	205	190	289	22	252	1,737	72,222	93,810	68,579	168	219	36,877	50,412	71,849	31,855	16,608	9,023
`752/9`	133,069	129,119	136,276	21,200	18,651	48,908	15,175	16,517	33,395	16,604	14,274	10,315	5,413	10,825	20,587	19,578	17,643	892	503	978
`65/66B`	148,399	177,739	196,133	109,355	93,921	99,768	108,874	116,797	132,204	143,463	158,695	170,909	136,652	182,480	390,971	454,301	244,240	26,118	32,520	36,039
`65`	148,349	177,689	196,133	109,355	93,901	99,718	108,874	116,797	132,184	143,413	158,695	170,909	136,652	182,480	390,971	454,301	244,240	26,118	32,520	36,039
`650`	123,884	151,323	175,721	90,324	76,390	79,209	90,089	100,804	111,163	122,932	135,470	146,717	110,974	152,431	356,915	411,249	213,034	18,548	25,064	28,686
`652/9`	24,465	26,366	20,412	19,031	17,511	20,510	18,785	15,993	21,020	20,481	23,224	24,192	25,678	30,049	34,056	43,052	31,205	7,570	7,455	7,353
`66B`	50	50	-	-	20	50	-	-	20	50	-	-	-	-	-	-	-	-	-	-
`9903`	300,166	191,768	701,188	688,981	1.3m	1.3m	1.1m	852,818	722,277	840,457	579,930	666,631	418,606	-8,756	1,059	-575,632	207,780	572,623	518,384	430,312
`67/77`	74,370	53,575	182,179	176,618	317,271	323,277	334,012	254,495	247,647	282,423	196,438	101,528	-1	55	644	109	42,802	171,591	161,018	161,264
`670/3`	74,370	53,575	182,179	176,618	317,271	324,978	334,016	254,495	247,647	282,423	196,438	101,528	-	55	644	2,080	43,018	174,021	161,018	161,451
`77`	-	-	-	-	-	1,701	4	-	-	-	-	-	1	-	-	1,971	216	2,430	-	187
`9904`	225,796	138,193	519,009	512,362	934,642	982,285	783,587	598,324	474,630	558,035	383,492	565,103	418,607	-8,811	415	-575,740	164,978	401,032	357,366	269,049
`9905`	225,796	138,193	519,009	512,362	934,642	982,285	783,587	598,324	474,630	558,035	383,492	565,103	418,607	-8,811	415	-575,740	164,978	401,032	357,366	269,049
Appropriation of the result
`9906`	3.3m	3.1m	3.0m	2.5m	1.9m	3.5m	2.5m	4.2m	3.6m	3.2m	2.6m	2.2m	1.7m	1.2m	1.2m	1.2m	1.8m	1.7m	1.3m	900,699
`14P`	3.1m	3.0m	2.5m	1.9m	1.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	2.5m	-	2.5m	-	-	-	-	-	-	-	-	-	-	-	-
`694`	-	-	-	-	-	2.5m	-	2.5m	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	31.7	33.9	33.3	35.1	36.9	35.5	35.9	36.6	35.8	36.9	37.1	38.7	38.5	37.8	38.4	38.9	24	12.8	12.4	13.3
Men (FTE)`1003`	23.1	24.6	23.1	26.1	27.9	26.7	26.3	27.6	26	25.9	24.8	26.6	26	25.1	-	-	-	-	-	-
Women (FTE)`1003`	8.6	9.3	10.2	9	9	8.8	9.6	9	9.8	11	12.3	12.1	12.5	12.7	-	-	-	-	-	-
Agency workers`1501`	2.5	1.8	4	2.6	4.1	5.9	5.3	4.8	3.3	2.6	3.7	2.3	3	2.8	3.4	4.3	2.5	0.6	0.7	0.7
Hours worked`1013`	47,520	53,045	50,525	54,066	55,823	49,870	56,183	53,555	56,730	60,237	61,109	63,001	60,474	62,687	63,628	65,207	40,217	21,027	21,002	22,484
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 84 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 17-07-2026.

Download as CSV

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	full format	17-07-2026	2026-00312860	PDF
31-12-2024	full format	17-07-2025	2025-00287251	PDF
31-12-2023	full format	01-07-2024	2024-00198576	PDF
31-12-2022	full format	03-07-2023	2023-00205824	PDF
31-12-2021	full format	04-08-2022	2022-20273178	PDF
31-12-2020	full format	28-07-2021	2021-43000212	PDF
31-12-2019	full format	27-07-2020	2020-34800262	PDF
31-12-2018	full format	22-07-2019	2019-36600445	PDF
31-12-2017	full format	25-07-2018	2018-37900337	PDF
31-12-2016	full format	27-07-2017	2017-38000555	PDF
31-12-2015	full format	07-07-2016	2016-29000516	PDF
31-12-2014	full format	13-07-2015	2015-30400289	PDF
31-12-2013	full format	16-07-2014	2014-31600563	PDF
31-12-2012	full format	02-07-2013	2013-26100407	PDF
31-12-2011	full format	17-07-2012	2012-30600391	PDF
31-12-2010	full format	13-07-2011	2011-29800146	PDF
31-12-2009	full format	08-07-2010	2010-28900304	PDF
31-12-2008	full format	10-07-2009	2009-41200345	PDF
31-12-2007	full format	18-07-2008	2008-43400285	PDF
31-12-2006	full format	12-07-2007	2007-39800052	PDF
31-12-2005	full format	06-07-2006	2006-42502956	PDF
31-12-2004	full format	26-07-2005	2005-56104231	PDF
31-12-2003	abbreviated format	01-06-2004	2004-18400079	PDF
31-12-2002	abbreviated format	02-06-2003	2003-18202500	PDF
31-12-2001	abbreviated format	04-06-2002	2002-16804326	PDF
31-12-2000	abbreviated format	01-06-2001	2001-16702415	PDF
31-12-1999	abbreviated format	25-05-2000	2000-15304224	PDF
31-12-1998	abbreviated format	28-05-1999	1999-12503296	PDF
31-12-1997	abbreviated format	04-06-1998	1998-13702888	PDF
31-12-1996	abbreviated format	04-06-1997	1997-12003078	PDF

Subsidies and aid

Flemish government 2024, 1 entry, €3,570 awarded, €3,570 paid

Werkbaarheidscheque (discontinued)

€3,570

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
437,291	312,052	879,920	887,353	1.4m	1.5m	1.4m	1.1m	1.0m	1.1m	814,436	1.3m	1.5m	1.1m	1.3m	731,031	841,126	668,762	623,791	541,344
347,619	209,858	637,961	622,785	1.0m	1.1m	936,472	787,965	679,383	761,269	567,218	1.1m	1.3m	915,292	952,490	346,511	643,556	503,801	447,363	354,042
2.8m	159,651	105,906	3.2m	358,110	43,711	37,937	116,745	121,249	284,216	309,023	107,744	170,197	38,437	18,971	396,539	4.1m	20,613	146,243	13,248
49,959	-126,810	74,774	65,814	-28,901	-11,660	-40,449	-562	13,183	16,479	18,303	6,463	-28,248	-128,384	-65,206	176,980	114,929	-5,487	-43,539	-
330,027	837,570	600,957	349,917	2.7m	2.4m	3.9m	3.4m	5.5m	5.2m	5.0m	5.1m	4.3m	-561,957	-1.4m	-2.3m	-2.2m	1.2m	822,250	585,751
2.4%	1.5%	4.8%	4.8%	8.5%	8.5%	7.9%	6.3%	5.6%	6.3%	4.6%	5.5%	3.9%	1.2%	2.5%	-1.6%	4.5%	14.7%	14.4%	12.5%
40.0%	55.5%	43.4%	37.0%	45.3%	33.8%	50.5%	44.6%	49.4%	46.6%	42.4%	40.3%	33.2%	34.4%	30.5%	27.8%	33.1%	84.8%	80.0%	71.1%
1.07	1.29	1.13	1.07	2.14	1.89	3.25	3.30	3.22	3.36	3.36	4.02	3.03	0.88	0.75	0.65	0.64	5.28	3.51	2.13
0.14	0.22	0.17	0.20	0.26	0.42	0.98	0.74	1.68	1.70	1.71	1.77	1.37	0.16	0.17	0.17	0.14	2.59	1.28	0.58
1.50	0.80	1.30	1.70	1.21	1.96	0.98	1.24	1.03	1.15	1.36	1.48	2.01	1.91	2.28	2.60	2.02	0.18	0.25	0.41
4.9%	3.1%	12.2%	13.7%	28.9%	42.8%	20.6%	19.8%	9.6%	12.5%	9.8%	16.1%	14.2%	-0.3%	0.0%	-22.7%	5.3%	13.6%	14.0%	12.3%
2.0%	1.7%	5.3%	5.1%	13.1%	14.5%	10.4%	8.8%	4.8%	5.8%	4.2%	6.5%	4.7%	-0.1%	0.0%	-6.3%	1.8%	11.5%	11.2%	8.7%
3.53	2.06	5.01	9.82	18.71	18.57	15.14	11.33	9.21	8.93	6.01	8.99	13.20	7.13	3.61	1.78	3.95	36.06	24.89	18.87
13 days	11 days	12 days	19 days	13 days	21 days	13 days	15 days	21 days	17 days	17 days	16 days	16 days	14 days	18 days	15 days	27 days	5 days	4 days	4 days
21 days	21 days	22 days	18 days	24 days	36 days	32 days	25 days	51 days	45 days	46 days	37 days	54 days	37 days	55 days	57 days	85 days	11 days	25 days	24 days

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	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	34	36	36	37	40
full-time	25	27	28	29	34
part-time	9	9	8	8	6
in full-time equivalents	31.9	33.9	33.9	34.7	38.1
	31.7	33.9	33.3	35.1	36.9
On a permanent contract	34	36	36	37	40
Joined	6	2	6	4	6
Left	8	2	7	7	2
Agency workers, average number	2.5	1.8	4	2.6	4.1
Training hours	248	299	388	255	62

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€2.9m	€875,000	€1.2m	€1.5m	€1.8m
Mortgages, amount registered	€27,500	-	-	-	-
	€8.0m	€4.5m	€4.5m	€4.5m	€4.5m
Mandates to pledge the business	€972,933	€972,933	€972,933	€972,933	€972,933

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€2.8m	€159,651	€105,906	€3.2m	€354,945
Intangible fixed assets	-	-	-	-	€3,165
	€121,822	€71,665	€118,952	€110,423	€102,493

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

Item	2025	2024	2023	2022	2021
Fee for the audit	€4,495	€4,400	€4,268	€4,169	€3,790

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on PRACTICAL

The operating result for 2025 is 31% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 44.5% to 60.0%. Equity and debt are higher.

Next steps

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Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency40.0%

Current ratio1.07

Return on assets2.0%

Staff

Men and women27% women

Staff cost per FTE€52,848

Joined and left-2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €3,570 awarded, €3,570 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Auditor

Insights on PRACTICAL

Next steps

in €m

in €m

40.0%

1.07

2.0%

€52,848

-2 people