Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483817.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 23 filings
Equity
€57,714=
2024 · €57,714
Total assets
€57,714=
2024 · €57,714
Net result
-€2,511
2023 · €5,706
Working capital
€56,696▲ 18.9%
2022 · €47,673
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2024 is a loss of €6,120, after a profit of €7,218 in 2023. It is the lowest result since 2021.
Operating result-€6,120
2024
Net result-€2,511
2024
Total assets€57,714
2025
Equity€57,714
2025
Debt€20,663
2023
Working capital€56,696
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€15,743--€3,554€6,148€12,011▲ 95.4%€9,438▼ 21.4%€7,218▼ 23.5%-€6,120
Net result€11,193--€4,278€5,762€10,594▲ 83.9%€3,160▼ 70.2%€5,706▲ 80.6%-€2,511
Equity€39,282-€35,004▼ 10.9%€40,766▲ 16.5%€51,360▲ 26.0%€54,520▲ 6.2%€60,225▲ 10.5%€57,714▼ 4.2%€57,714=
Total assets€65,414-€49,154▼ 24.9%€61,256▲ 24.6%€87,911▲ 43.5%€76,668▼ 12.8%€80,888▲ 5.5%€57,714▼ 28.6%€57,714=
Debt€26,132-€14,150▼ 45.9%€20,490▲ 44.8%€36,552▲ 78.4%€22,148▼ 39.4%€20,663▼ 6.7%
Working capital€37,739-€34,219▼ 9.3%€26,018▼ 24.0%€51,842▲ 99.3%€47,673▼ 8.0%€56,696▲ 18.9%
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Solvency
100.0%=
2024 · 100.0%
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,374 | - | - | - |
| Depreciation and write-downs of the year | €6,806 | €7,020 | €6,892 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €758 | €758 | €3,800 | €6,806 | €7,020 | €6,892 | - | - | - |
| Other operating charges640/8 | - | - | - | €728 | €909 | €1,198 | €6,111 | - | - |
| Gross operating margin9900 | €17,730 | €2,992 | €11,116 | €19,544 | €17,367 | €15,308 | -€9 | - | - |
| Operating profit (loss)9901 | €15,743 | -€3,554 | €6,148 | €12,011 | €9,438 | €7,218 | -€6,120 | - | - |
| Financial income75/76B | - | - | - | - | - | €289 | €3,799 | - | - |
| Recurring financial income75 | - | - | - | - | - | €289 | €3,799 | - | - |
| Financial charges65/66B | - | - | - | €327 | €1,274 | €581 | €71 | - | - |
| Recurring financial charges65 | €59 | €135 | €144 | €327 | €1,274 | €581 | €71 | - | - |
| Profit (loss) for the period before taxes9903 | €15,684 | -€3,689 | €6,004 | €11,684 | €8,164 | €6,926 | -€2,393 | - | - |
| Income taxes67/77 | €4,491 | €589 | €242 | €1,090 | €5,004 | €1,221 | €118 | - | - |
| Profit (loss) for the period9904 | €11,193 | -€4,278 | €5,762 | €10,594 | €3,160 | €5,706 | -€2,511 | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,193 | -€4,278 | €5,762 | €10,594 | €3,160 | €5,706 | -€2,511 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €65,414 | €49,154 | €61,256 | €87,911 | €76,668 | €80,888 | €57,714 | €57,714 | = |
| Fixed assets21/28 | €1,543 | €785 | €30,069 | €23,263 | €17,618 | €10,726 | - | - | - |
| Tangible fixed assets22/27 | €1,543 | €785 | €30,069 | €23,263 | €17,618 | €10,726 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €644 | €304 | €152 | - | - | - |
| Furniture and vehicles24 | - | - | - | €22,619 | €17,314 | €10,574 | - | - | - |
| Current assets29/58 | €63,871 | €48,369 | €31,187 | €64,648 | €59,050 | €70,163 | €57,714 | €57,714 | = |
| Stocks and contracts in progress3 | €2,314 | €1,260 | €728 | €727 | €1,336 | €1,266 | - | - | - |
| Stocks30/36 | - | - | - | €727 | €1,336 | €1,266 | - | - | - |
| Amounts receivable within one year40/41 | €42,118 | €33,489 | €20,164 | €41,854 | €31,143 | €62,461 | €55,198 | €57,714 | ▲ 4.6% |
| Trade receivables40 | - | - | - | €25,376 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €16,477 | €31,143 | €62,461 | €55,198 | €57,714 | ▲ 4.6% |
| Cash at bank and in hand54/58 | €15,021 | €13,620 | €9,310 | €21,081 | €26,270 | €6,436 | €2,516 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €986 | €301 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €65,414 | €49,154 | €61,256 | €87,911 | €76,668 | €80,888 | €57,714 | €57,714 | = |
| Equity10/15 | €39,282 | €35,004 | €40,766 | €51,360 | €54,520 | €60,225 | €57,714 | €57,714 | = |
| Contributions10/11 | €6,231 | €6,231 | - | €6,231 | €6,231 | - | €6,231 | €6,231 | = |
| Revaluation surpluses12 | - | - | - | - | - | €6,231 | - | - | - |
| Reserves13 | €33,051 | €33,051 | €34,535 | €45,129 | €48,289 | €53,994 | €53,994 | €53,994 | = |
| Non-distributable reserves130/1 | - | - | - | €19,530 | €19,530 | €19,530 | €19,530 | €19,530 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €19,530 | €19,530 | €19,530 | €19,530 | = |
| Other1319 | - | - | - | €17,670 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €25,599 | €28,759 | €34,464 | €34,464 | €34,464 | = |
| Profit (loss) carried forward14 | - | -€4,278 | - | - | - | - | -€2,511 | -€2,511 | = |
| Amounts payable17/49 | €26,132 | €14,150 | €20,490 | €36,552 | €22,148 | €20,663 | - | - | - |
| Amounts payable after more than one year17 | - | - | €15,321 | €12,536 | €9,982 | €7,196 | - | - | - |
| Financial debts170/4 | - | - | - | €12,536 | €9,982 | €7,196 | - | - | - |
| Amounts payable within one year42/48 | €26,132 | €14,150 | €5,169 | €12,807 | €11,377 | €13,467 | - | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,978 | €2,786 | €2,786 | - | - | - |
| Trade debts44 | €11,447 | €2,755 | €481 | €1,526 | €1,547 | €5,423 | - | - | - |
| Suppliers440/4 | - | - | - | €1,526 | €1,547 | €5,423 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €8,303 | €7,044 | €5,258 | - | - | - |
| Taxes450/3 | - | - | - | €3,112 | €6,144 | €5,258 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €5,191 | €900 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €11,209 | €789 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,193 | -€4,278 | €5,762 | €10,594 | €3,160 | €5,706 | -€2,511 | - | - |
| + Depreciation and write-downs630 | €758 | €758 | €3,800 | €6,806 | €7,020 | €6,892 | - | - | - |
| Operating cash flow (approximation) | €11,951 | -€3,520 | €9,562 | €17,400 | €10,179 | €12,597 | -€2,511 | - | - |
| Investment in fixed assets (approximation) | - | €0 | -€33,084 | €0 | -€1,374 | €0 | - | - | - |
| Change in cash | - | -€1,401 | -€4,310 | €11,771 | €5,189 | -€19,834 | -€3,920 | - | - |
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 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00483817 | |
| 31-12-2024 | micro format | 29-12-2025 | 2025-00591337 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00388499 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00391487 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20399505 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53300515 | |
| 31-12-2019 | micro format | 07-09-2020 | 2020-51100163 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-53300218 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-53100087 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-49100175 |