QBA
Annual accounts 2025
micro format, filed on 21-05-2026, 71 days before the deadlineMoney flows
of every €100 of turnover, €7.82 remains as profit in 2025Balance sheet
balance sheet total €79,464 on 31-12-2025in euro
in euro
Position in the sector
74.3%
Higher than 70% of 41,211 companies in 2025.
2.43
Higher than 56% of 39,782 companies in 2025.
13.0%
Higher than 49% of 40,303 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
79,464 | 73,857 | 51,026 | |
21/28 |
29,821 | 18,327 | 9,225 | |
22/27 |
29,396 | 18,127 | 9,025 | |
23 |
27,861 | 18,127 | 9,025 | |
24 |
1,535 | - | - | |
28 |
425 | 200 | 200 | |
29/58 |
49,643 | 55,530 | 41,801 | |
3 |
15,028 | 6,699 | - | |
30/36 |
15,028 | 6,699 | - | |
40/41 |
19,577 | 19,193 | 12,169 | |
40 |
16,118 | 17,683 | 11,230 | |
41 |
3,459 | 1,510 | 939 | |
54/58 |
15,038 | 29,638 | 29,632 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
79,464 | 73,857 | 51,026 | |
10/15 |
59,041 | 48,678 | 27,492 | |
10/11 |
10,000 | 10,000 | 10,000 | |
14 |
49,041 | 38,678 | 17,492 | |
17/49 |
20,423 | 25,179 | 23,534 | |
42/48 |
20,423 | 25,179 | 21,862 | |
44 |
1,186 | 5,423 | 3,316 | |
440/4 |
1,186 | 5,423 | 3,316 | |
46 |
- | 120 | - | |
45 |
- | 2,381 | 2,474 | |
450/3 |
- | 481 | 574 | |
454/9 |
- | 1,900 | 1,900 | |
47/48 |
19,237 | 17,255 | 16,072 | |
492/3 |
- | - | 1,672 | |
| Income statement | ||||
70 |
132,513 | 116,078 | 93,009 | |
76A |
6,244 | 6,447 | 7,572 | |
9900 |
19,530 | 30,522 | 21,779 | |
60/61 |
119,390 | 92,003 | 78,801 | |
630 |
6,095 | 3,658 | 95 | |
640/8 |
539 | 109 | - | |
9901 |
12,896 | 26,755 | 21,684 | |
75/76B |
119 | 271 | 154 | |
75 |
119 | 271 | 154 | |
65/66B |
96 | 80 | 1 | |
65 |
96 | 80 | 1 | |
9903 |
12,919 | 26,946 | 21,837 | |
67/77 |
2,556 | 5,760 | 4,345 | |
9904 |
10,363 | 21,186 | 17,492 | |
9905 |
10,363 | 21,186 | 17,492 | |
| Appropriation of the result | ||||
9906 |
49,041 | 38,678 | 17,492 | |
14P |
38,678 | 17,492 | - | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 18,991 | 30,413 | 21,779 | ||
| 16,458 | 24,844 | 17,587 | ||
| 18,077 | 12,760 | 9,320 | ||
| -14,600 | 6 | - | ||
| 29,220 | 30,351 | 19,939 | ||
| 9.7% | 23.0% | 23.3% | ||
| 74.3% | 65.9% | 53.9% | ||
| 2.43 | 2.21 | 1.91 | ||
| 1.69 | 1.94 | 1.91 | ||
| 0.35 | 0.52 | 0.86 | ||
| 17.6% | 43.5% | 63.6% | ||
| 13.0% | 28.7% | 34.3% | ||
| over 100 | over 100 | over 100 | ||
| 44 days | 56 days | 44 days | ||
| 4 days | 22 days | 15 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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €17,852 | €12,760 | €9,120 |
| Financial fixed assets | €225 | - | €200 |
| €6,095 | €3,658 | €95 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on QBA
The operating result for 2025 is 52% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 34.1% to 25.7%. Equity is higher and debt is lower.