REFIZZ
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-10-2025 at the NBB all 2 filings
Equity
-€70,417▼ 38.6%
2024 · -€50,823
Total assets
€1,889▼ 86.4%
2024 · €13,919
Net result
-€19,593▲ 33.4%
2024 · -€29,432
Working capital
-€70,417▼ 60.7%
2024 · -€43,809
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€19,564
▲ 33.5%
2025
20242025
Net result
-€19,593
▲ 33.4%
2025
20242025
Equity
-€70,417
▼ 38.6%
2025
20242025
Total assets
€1,889
▼ 86.4%
2025
20242025
Debt
€72,305
▲ 11.7%
2025
20242025
Working capital
-€70,417
▼ 60.7%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€29,409--€19,564▲ 33.5%
Net result-€29,432--€19,593▲ 33.4%
Equity-€50,823--€70,417▼ 38.6%
Total assets€13,919-€1,889▼ 86.4%
Debt€64,743-€72,305▲ 11.7%
Working capital-€43,809--€70,417▼ 60.7%
The operating result for 2025 is a loss of €19,564, smaller than the loss of €29,409 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€72,305▲
2024 · €57,728
The ratios are withheld because a balance sheet total of €1,889 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €19,500 awarded · €19,500 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | -€12,500 | €0 |
| 2023 | 1 | €0 | €12,500 |
| 2022 | 2 | €32,000 | €7,000 |
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,880 | - |
| Other operating charges640/8 | €0 | - | - |
| Gross operating margin9900 | -€29,409 | -€13,684 | ▲ 53.5% |
| Operating profit (loss)9901 | -€29,409 | -€19,564 | ▲ 33.5% |
| Financial income75/76B | €33 | €29 | ▼ 12.1% |
| Recurring financial income75 | €33 | €29 | ▼ 12.1% |
| Financial charges65/66B | €57 | €59 | ▲ 3.2% |
| Recurring financial charges65 | €57 | €59 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | -€29,432 | -€19,593 | ▲ 33.4% |
| Profit (loss) for the period9904 | -€29,432 | -€19,593 | ▲ 33.4% |
| Profit (loss) for the period to be appropriated9905 | -€29,432 | -€19,593 | ▲ 33.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13,919 | €1,889 | ▼ 86.4% |
| Current assets29/58 | €13,919 | €1,889 | ▼ 86.4% |
| Stocks and contracts in progress3 | €9,295 | €857 | ▼ 90.8% |
| Stocks30/36 | €9,295 | €857 | ▼ 90.8% |
| Amounts receivable within one year40/41 | €2,050 | €161 | ▼ 92.2% |
| Trade receivables40 | €2,050 | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | €161 | - |
| Cash at bank and in hand54/58 | €2,369 | €871 | ▼ 63.2% |
| Deferred charges and accrued income490/1 | €205 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13,919 | €1,889 | ▼ 86.4% |
| Equity10/15 | -€50,823 | -€70,417 | ▼ 38.6% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€54,823 | -€74,417 | ▼ 35.7% |
| Amounts payable17/49 | €64,743 | €72,305 | ▲ 11.7% |
| Amounts payable within one year42/48 | €57,728 | €72,305 | ▲ 25.3% |
| Financial debts43 | €36 | €0 | ▼ 100% |
| Credit institutions430/8 | €36 | €0 | ▼ 100% |
| Trade debts44 | €1,616 | €400 | ▼ 75.3% |
| Suppliers440/4 | €1,616 | €400 | ▼ 75.3% |
| Taxes, remuneration and social security45 | €607 | €0 | ▼ 100% |
| Taxes450/3 | €607 | €0 | ▼ 100% |
| Other amounts payable47/48 | €55,469 | €71,905 | ▲ 29.6% |
| Accrued charges and deferred income492/3 | €7,015 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€29,432 | -€19,593 | ▲ 33.4% |
| Operating cash flow (approximation) | -€29,432 | -€19,593 | ▲ 33.4% |
| Change in cash | - | -€1,498 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.