PRO CONCEPT
InactiveFinancials · financial year 2025, micro format
Turnover
≈ €52,000
Estimated: probably between €24,000 and €120,000
Total assets
€25,035▲ 52.0%
2024 · €16,466
Net result
€3,480▲ 318%
2024 · €832
Working capital
€15,971▲ 37.5%
2024 · €11,614
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 146% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€5,116
2025
Net result€3,480
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€25,035
2025
Equity€15,971
2025
Debt€9,064
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€15,971
2025
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€1,974-€12,182▲ 517%€430▼ 96.5%€8,206▲ 19×€189▼ 97.7%-€99€2,081€5,116▲ 146%
Net result€1,076-€8,722▲ 711%-€589€4,539-€805-€852▼ 5.9%€832€3,480▲ 318%
Equity€643-€9,364▲ 15×€8,776▼ 6.3%€13,315▲ 51.7%€12,510▼ 6.0%€11,658▼ 6.8%€12,491▲ 7.1%€15,971▲ 27.9%
Total assets€31,765-€34,237▲ 7.8%€30,790▼ 10.1%€18,807▼ 38.9%€20,632▲ 9.7%€11,882▼ 42.4%€16,466▲ 38.6%€25,035▲ 52.0%
Debt€31,122-€24,873▼ 20.1%€22,015▼ 11.5%€5,493▼ 75.1%€8,122▲ 47.9%€224▼ 97.2%€3,975▲ 18×€9,064▲ 128%
Working capital-€22,436--€7,936▲ 64.6%-€3,104▲ 60.9%€6,856€8,414▲ 22.7%€9,901▲ 17.7%€11,614▲ 17.3%€15,971▲ 37.5%
Turnover and EBIT margin 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
Equity and liabilities €25,035
Equity
€15,971 ▲ 27.9%
Debt
€9,064 ▲ 128%
Debt's share of the balance-sheet total rises from 24.1% to 36.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,992▲
2024 · €2,962
Cash flow
€4,357▲
2024 · €1,713
Current ratio
2.76▼
2024 · 3.92
Debt to equity
0.57▲
2024 · 0.32
ROE
21.8%▲
2024 · 6.7%
ROA
13.9%▲
2024 · 5.1%
Interest coverage
23.09▲
2024 · 12.66
Debt ≤ 1 year
€9,064▲
2024 · €3,975
Income taxes
€1,376▲
2024 · €1,015
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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €5,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,135 | €5,778 | €5,421 | €5,421 | €5,005 | €2,096 | €881 | €876 | ▼ 0.5% |
| Other operating charges640/8 | - | - | - | €572 | €575 | €875 | €648 | €726 | ▲ 12.0% |
| Gross operating margin9900 | €8,415 | €19,080 | €6,422 | €14,199 | €5,769 | €2,872 | €3,610 | €6,718 | ▲ 86.1% |
| Operating profit (loss)9901 | €1,974 | €12,182 | €430 | €8,206 | €189 | -€99 | €2,081 | €5,116 | ▲ 146% |
| Financial income75/76B | - | - | - | €0 | €0 | - | - | - | - |
| Recurring financial income75 | €1 | €8 | €13 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €95 | €44 | €162 | €234 | €260 | ▲ 11.0% |
| Recurring financial charges65 | €32 | €64 | €52 | €95 | €44 | €162 | €234 | €260 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €1,942 | €12,126 | €392 | €8,111 | €145 | -€261 | €1,847 | €4,856 | ▲ 163% |
| Income taxes67/77 | €866 | €3,405 | €981 | €3,572 | €949 | €591 | €1,015 | €1,376 | ▲ 35.6% |
| Profit (loss) for the period9904 | €1,076 | €8,722 | -€589 | €4,539 | -€805 | -€852 | €832 | €3,480 | ▲ 318% |
| Profit (loss) for the period to be appropriated9905 | €1,076 | €8,722 | -€589 | €4,539 | -€805 | -€852 | €832 | €3,480 | ▲ 318% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €31,765 | €34,237 | €30,790 | €18,807 | €20,632 | €11,882 | €16,466 | €25,035 | ▲ 52.0% |
| Fixed assets21/28 | €23,078 | €17,301 | €11,880 | €6,459 | €4,097 | €1,758 | €876 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €22,836 | €17,058 | €11,637 | €6,216 | €3,854 | €1,758 | €876 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €6,216 | €3,854 | €1,758 | €876 | €0 | ▼ 100% |
| Financial fixed assets28 | €243 | €243 | €243 | €243 | €243 | - | - | - | - |
| Current assets29/58 | €8,687 | €16,936 | €18,911 | €12,349 | €16,535 | €10,125 | €15,589 | €25,035 | ▲ 60.6% |
| Amounts receivable within one year40/41 | €371 | €5,407 | €6,310 | €1,474 | €4,825 | €4,289 | €5,241 | €5,935 | ▲ 13.2% |
| Trade receivables40 | - | - | - | €1,474 | €4,245 | €2,245 | €4,832 | €364 | ▼ 92.5% |
| Other amounts receivable41 | - | - | - | - | €580 | €2,044 | €409 | €5,572 | ▲ 14× |
| Cash at bank and in hand54/58 | €7,041 | €9,752 | €11,808 | €10,052 | €10,838 | €5,034 | €9,402 | €19,100 | ▲ 103% |
| Deferred charges and accrued income490/1 | - | - | - | €823 | €873 | €801 | €946 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €31,765 | €34,237 | €30,790 | €18,807 | €20,632 | €11,882 | €16,466 | €25,035 | ▲ 52.0% |
| Equity10/15 | €643 | €9,364 | €8,776 | €13,315 | €12,510 | €11,658 | €12,491 | €15,971 | ▲ 27.9% |
| Contributions10/11 | €6,205 | €6,205 | - | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €6,399 | €6,399 | €6,399 | €6,399 | €9,766 | ▲ 52.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €4,539 | €4,539 | €6,399 | €6,399 | €9,766 | ▲ 52.6% |
| Profit (loss) carried forward14 | -€7,422 | €1,299 | €710 | €710 | -€94 | -€946 | -€114 | €0 | - |
| Amounts payable17/49 | €31,122 | €24,873 | €22,015 | €5,493 | €8,122 | €224 | €3,975 | €9,064 | ▲ 128% |
| Amounts payable within one year42/48 | €31,122 | €24,873 | €22,015 | €5,493 | €8,122 | €224 | €3,975 | €9,064 | ▲ 128% |
| Trade debts44 | €1,467 | €1,761 | €2,497 | €325 | €4,287 | €224 | €2,875 | €7,106 | ▲ 147% |
| Suppliers440/4 | - | - | - | €325 | €4,287 | €224 | €2,875 | €7,106 | ▲ 147% |
| Taxes, remuneration and social security45 | - | - | - | €4,491 | €3,835 | - | €1,100 | €1,959 | ▲ 78.1% |
| Taxes450/3 | - | - | - | €4,491 | €3,835 | - | €1,100 | €1,959 | ▲ 78.1% |
| Other amounts payable47/48 | - | - | - | €676 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,076 | €8,722 | -€589 | €4,539 | -€805 | -€852 | €832 | €3,480 | ▲ 318% |
| + Depreciation and write-downs630 | €5,135 | €5,778 | €5,421 | €5,421 | €5,005 | €2,096 | €881 | €876 | ▼ 0.5% |
| Operating cash flow (approximation) | €6,211 | €14,499 | €4,832 | €9,960 | €4,201 | €1,244 | €1,713 | €4,357 | ▲ 154% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,643 | €243 | €0 | €0 | - |
| Change in cash | - | €2,711 | €2,056 | -€1,757 | €786 | -€5,804 | €4,368 | €9,698 | ▲ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 09-04-2026 | 2026-00075634 |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00380015 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00211362 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00309984 |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20094555 |
| 31-12-2020 | micro format | 06-07-2021 | 2021-32000160 |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23300209 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56400459 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50100028 |
| 31-12-2016 | micro format | 26-07-2017 | 2017-36200246 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.