ProJect Grip
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00427861.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 4 filings
Turnover
≈ €1,700
Estimated: probably between €730 and €4,400
Total assets
€296,400▼ 6.7%
2024 · €317,570
Net result
€11,981
2024 · -€511
Working capital
-€53,427▼ 60.0%
2023 · -€33,389
Multi-year overview
2022 to 2025, 4 financial yearsOperating result
-€288
▼ 410%
2025
20222025
Net result
€11,981
2025
20222025
Equity
€115,454
▲ 11.6%
2025
20222025
Total assets
€296,400
▼ 6.7%
2025
20222025
Debt
€180,946
▼ 15.5%
2025
20222025
Working capital
no figure
2025
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€14,282-€755▼ 94.7%-€57-€288▼ 410%
Net result€10,458--€169-€511▼ 202%€11,981
Equity€104,153-€103,984▼ 0.2%€103,473▼ 0.5%€115,454▲ 11.6%
Total assets€315,200-€311,436▼ 1.2%€317,570▲ 2.0%€296,400▼ 6.7%
Debt€211,047-€207,452▼ 1.7%€214,096▲ 3.2%€180,946▼ 15.5%
Working capital-€13,960--€33,389▼ 139%-€53,427▼ 60.0%
The operating result for 2025 is a loss of €288, larger than the loss of €57 in 2024. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The abbreviated or 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 €296,400
Equity
€115,454 ▲ 11.6%
Debt
€180,946 ▼ 15.5%
Debt's share of the balance-sheet total falls from 67.4% to 61.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.57▼
2024 · 2.07
ROE
10.4%▲
2024 · -0.5%
ROA
4.0%▲
2024 · -0.2%
Debt ≤ 1 year
€41,446▼
2024 · €74,596
Debt > 1 year
€139,500=
2024 · €139,500
Income taxes
-€13,386▼
2024 · -€125
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,239 | - |
| Other operating charges640/8 | €519 | - | - | €144 | - |
| Non-recurring operating charges66A | - | - | - | €402 | - |
| Gross operating margin9900 | €14,801 | €755 | -€57 | €258 | - |
| Operating profit (loss)9901 | €14,282 | €755 | -€57 | -€288 | ▼ 410% |
| Financial charges65/66B | €1,209 | €924 | €580 | €1,117 | ▲ 92.6% |
| Recurring financial charges65 | €1,209 | €924 | €580 | €1,117 | ▲ 92.6% |
| Profit (loss) for the period before taxes9903 | €13,073 | -€169 | -€636 | -€1,405 | ▼ 121% |
| Income taxes67/77 | €2,615 | - | -€125 | -€13,386 | ▼ 10,609% |
| Profit (loss) for the period9904 | €10,458 | -€169 | -€511 | €11,981 | - |
| Profit (loss) for the period to be appropriated9905 | €10,458 | -€169 | -€511 | €11,981 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €315,200 | €311,436 | €317,570 | €296,400 | ▼ 6.7% |
| Fixed assets21/28 | €296,400 | €296,400 | €296,400 | €296,400 | = |
| Financial fixed assets28 | €296,400 | €296,400 | €296,400 | €296,400 | = |
| Current assets29/58 | €18,800 | €15,036 | €21,170 | - | - |
| Amounts receivable within one year40/41 | - | €402 | €402 | - | - |
| Other amounts receivable41 | - | €402 | €402 | - | - |
| Cash at bank and in hand54/58 | €18,800 | €14,634 | €20,767 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €315,200 | €311,436 | €317,570 | €296,400 | ▼ 6.7% |
| Equity10/15 | €104,153 | €103,984 | €103,473 | €115,454 | ▲ 11.6% |
| Contributions10/11 | - | - | €61,500 | €61,500 | = |
| Capital10 | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | €61,500 | €61,500 | = |
| Reserves13 | €61,500 | €61,500 | - | €6,150 | - |
| Non-distributable reserves130/1 | €61,500 | €61,500 | - | €6,150 | - |
| Legal reserve130 | - | - | - | €6,150 | - |
| Reserves not available under the articles1311 | €61,500 | €61,500 | - | - | - |
| Profit (loss) carried forward14 | €42,653 | €42,484 | €41,973 | €47,804 | ▲ 13.9% |
| Amounts payable17/49 | €211,047 | €207,452 | €214,096 | €180,946 | ▼ 15.5% |
| Amounts payable after more than one year17 | €178,287 | €159,027 | €139,500 | €139,500 | = |
| Financial debts170/4 | €138,787 | €119,527 | €139,500 | €139,500 | = |
| Other amounts payable178/9 | €39,500 | €39,500 | - | - | - |
| Amounts payable within one year42/48 | €32,760 | €48,425 | €74,596 | €41,446 | ▼ 44.4% |
| Current portion of amounts payable after more than one year42 | €18,996 | €19,260 | €19,527 | €382 | ▼ 98.0% |
| Trade debts44 | €123 | - | - | €400 | - |
| Suppliers440/4 | €123 | - | - | €400 | - |
| Taxes, remuneration and social security45 | €13,411 | €10,663 | €27,492 | €266 | ▼ 99.0% |
| Taxes450/3 | €13,411 | €10,663 | €27,492 | €266 | ▼ 99.0% |
| Other amounts payable47/48 | €230 | €18,502 | €27,577 | €40,398 | ▲ 46.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,458 | -€169 | -€511 | €11,981 | - |
| Operating cash flow (approximation) | €10,458 | -€169 | -€511 | €11,981 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€4,166 | €6,133 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.