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Annual accounts 2025
abbreviated format, filed on 21-07-2026, 10 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €250,981 on 31-12-2025Position in the sector
-76.4%
Lower than 95% of 11,299 companies in 2025.
0.57
Higher than 30% of 10,851 companies in 2025.
-96.4%
Lower than 95% of 11,184 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
250,981 | |
21/28 |
742 | |
22/27 |
742 | |
24 |
742 | |
29/58 |
250,240 | |
40/41 |
250,000 | |
40 |
250,000 | |
54/58 |
216 | |
490/1 |
23 | |
| Balance sheet: equity and liabilities | ||
10/49 |
250,981 | |
10/15 |
-191,842 | |
10/11 |
50,000 | |
14 |
-241,842 | |
17/49 |
442,824 | |
42/48 |
439,269 | |
44 |
48,887 | |
440/4 |
48,887 | |
45 |
8,332 | |
454/9 |
8,332 | |
47/48 |
382,050 | |
492/3 |
3,555 | |
| Income statement | ||
9900 |
-213,524 | |
62 |
23,225 | |
630 |
366 | |
640/8 |
787 | |
9901 |
-237,902 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
3,940 | |
65 |
3,940 | |
9903 |
-241,842 | |
9904 |
-241,842 | |
9905 |
-241,842 | |
| Appropriation of the result | ||
9906 |
-241,842 | |
| Document | ||
The notes to these accounts have 6 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 21-07-2026.
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 | abbreviated format | 21-07-2026 | 2026-00315547 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -237,536 | ||
| -241,476 | ||
| 1,108 | ||
| -189,029 | ||
| -76.4% | ||
| 0.57 | ||
| -96.4% | ||
| -60.29 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 |
|---|---|
| Tangible fixed assets | €1,108 |
| €366 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on QUICK HOME
Equity is negative. Debt (€442,824) exceeds the balance-sheet total (€250,981).