REGARD9
InactiveFinancials · financial year 2026, micro format
Equity
€2,130▼ 57.5%
2025 · €5,011
Total assets
€2,130▼ 63.4%
2025 · €5,823
Net result
-€2,881▼ 284%
2025 · -€750
Working capital
€5,011▼ 13.0%
2024 · €5,761
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result stays negative: a loss of €2,637 in 2026 against €257 in 2025; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€2,637
2026
Net result-€2,881
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2,130
2026
Equity€2,130
2026
Debt€812
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5,011
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
Line201820192020202120222023202420252026
Operating result€35,056--€17,208-€13,957▲ 18.9%€1,917-€12,266-€11,371▲ 7.3%-€1,756▲ 84.6%-€257▲ 85.3%-€2,637▼ 924%
Net result€26,595--€19,352-€16,429▲ 15.1%-€164▲ 99.0%-€13,826▼ 8,344%-€12,344▲ 10.7%-€2,281▲ 81.5%-€750▲ 67.1%-€2,881▼ 284%
Equity€57,757-€38,405▼ 33.5%€21,976▼ 42.8%€21,812▼ 0.7%€7,986▼ 63.4%€8,042▲ 0.7%€5,761▼ 28.4%€5,011▼ 13.0%€2,130▼ 57.5%
Total assets€108,222-€104,528▼ 3.4%€61,522▼ 41.1%€73,211▲ 19.0%€26,963▼ 63.2%€30,893▲ 14.6%€6,031▼ 80.5%€5,823▼ 3.4%€2,130▼ 63.4%
Debt€50,465-€66,123▲ 31.0%€39,546▼ 40.2%€51,399▲ 30.0%€18,976▼ 63.1%€22,851▲ 20.4%€270▼ 98.8%€812▲ 201%
Working capital€42,547-€26,600▼ 37.5%€28,844▲ 8.4%€20,799▼ 27.9%€7,643▼ 63.3%€7,699▲ 0.7%€5,761▼ 25.2%€5,011▼ 13.0%
Turnover and EBIT margin not published: the micro format does not require them.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €15,221 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €14,171 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,328 | €14,656 | €10,589 | €9,843 | €670 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,290 | €1,067 | €12,420 | €7 | €257 | €1,841 | ▲ 615% |
| Gross operating margin9900 | €51,390 | €880 | €2,839 | €13,050 | -€10,529 | €1,049 | -€1,749 | €0 | -€796 | - |
| Operating profit (loss)9901 | €35,056 | -€17,208 | -€13,957 | €1,917 | -€12,266 | -€11,371 | -€1,756 | -€257 | -€2,637 | ▼ 924% |
| Financial income75/76B | - | - | - | €1 | €94 | - | €13 | €0 | - | - |
| Recurring financial income75 | €1,190 | €0 | €11 | €1 | €94 | - | €13 | €0 | - | - |
| Financial charges65/66B | - | - | - | €1,685 | €1,283 | €761 | €511 | €492 | €244 | ▼ 50.4% |
| Recurring financial charges65 | €1,720 | €1,688 | €2,020 | €1,685 | €1,283 | €761 | €511 | €492 | €244 | ▼ 50.4% |
| Profit (loss) for the period before taxes9903 | €34,526 | -€18,896 | -€15,966 | €232 | -€13,455 | -€12,132 | -€2,254 | -€750 | -€2,881 | ▼ 284% |
| Income taxes67/77 | €7,932 | €456 | €463 | €396 | €371 | €212 | €27 | €0 | - | - |
| Profit (loss) for the period9904 | €26,595 | -€19,352 | -€16,429 | -€164 | -€13,826 | -€12,344 | -€2,281 | -€750 | -€2,881 | ▼ 284% |
| Profit (loss) for the period to be appropriated9905 | €26,595 | -€19,352 | -€16,429 | -€164 | -€13,826 | -€12,344 | -€2,281 | -€750 | -€2,881 | ▼ 284% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €108,222 | €104,528 | €61,522 | €73,211 | €26,963 | €30,893 | €6,031 | €5,823 | €2,130 | ▼ 63.4% |
| Fixed assets21/28 | €42,106 | €27,450 | €9,933 | €1,013 | €343 | €343 | €0 | - | - | - |
| Tangible fixed assets22/27 | €42,106 | €27,450 | €9,933 | €1,013 | €343 | €343 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €1,013 | €343 | €343 | €0 | - | - | - |
| Current assets29/58 | €66,116 | €77,078 | €51,589 | €72,198 | €26,619 | €30,550 | €6,031 | €5,823 | €2,130 | ▼ 63.4% |
| Amounts receivable within one year40/41 | €58,260 | €41,083 | €28,476 | €33,165 | €4,521 | €6,766 | €5,866 | €5,802 | €2,107 | ▼ 63.7% |
| Trade receivables40 | - | - | - | €33,130 | €0 | €5,437 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €35 | €4,521 | €1,329 | €5,866 | €5,802 | €2,107 | ▼ 63.7% |
| Cash at bank and in hand54/58 | €6,998 | €17,751 | €22,991 | €37,440 | €20,845 | €23,784 | €165 | €21 | €23 | ▲ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,593 | €1,253 | - | - | - | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €108,222 | €104,528 | €61,522 | €73,211 | €26,963 | €30,893 | €6,031 | €5,823 | €2,130 | ▼ 63.4% |
| Equity10/15 | €57,757 | €38,405 | €21,976 | €21,812 | €7,986 | €8,042 | €5,761 | €5,011 | €2,130 | ▼ 57.5% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €49,697 | €30,345 | €13,916 | €13,752 | -€74 | -€12,418 | -€14,699 | -€15,449 | -€18,330 | ▼ 18.7% |
| Amounts payable17/49 | €50,465 | €66,123 | €39,546 | €51,399 | €18,976 | €22,851 | €270 | €812 | - | - |
| Amounts payable after more than one year17 | €26,896 | €15,645 | €4,301 | €0 | - | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €23,570 | €50,478 | €22,745 | €51,399 | €18,976 | €22,851 | €270 | €812 | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,301 | €0 | - | - | - | - | - |
| Financial debts43 | - | - | - | - | - | - | €242 | €684 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €242 | €684 | - | - |
| Trade debts44 | €4,593 | €18,718 | €1,415 | €11,725 | €6,042 | €11,491 | €0 | - | - | - |
| Suppliers440/4 | - | - | - | €11,725 | €6,042 | €11,491 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €35,373 | €0 | €2,655 | €27 | €127 | - | - |
| Taxes450/3 | - | - | - | €32,373 | €0 | €2,655 | €27 | €127 | - | - |
| Remuneration and social security454/9 | - | - | - | €3,000 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | €12,935 | €8,705 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,595 | -€19,352 | -€16,429 | -€164 | -€13,826 | -€12,344 | -€2,281 | -€750 | -€2,881 | ▼ 284% |
| + Depreciation and write-downs630 | €15,328 | €14,656 | €10,589 | €9,843 | €670 | - | - | - | - | - |
| Operating cash flow (approximation) | €41,923 | -€4,696 | -€5,841 | €9,680 | -€13,156 | -€12,344 | -€2,281 | -€750 | -€2,881 | ▼ 284% |
| Investment in fixed assets (approximation) | - | €0 | €6,928 | -€923 | €0 | €0 | €343 | - | - | - |
| Change in cash | - | €10,753 | €5,240 | €14,449 | -€16,595 | €2,939 | -€23,619 | -€144 | €2 | - |
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 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 14-04-2026 | micro format | 19-05-2026 | 2026-00116877 |
| 31-12-2025 | micro format | 20-03-2026 | 2026-00059056 |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00513257 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00292729 |
| 31-12-2022 | micro format | 22-12-2023 | 2023-00535219 |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20294062 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-63900302 |
| 31-12-2019 | micro format | 05-10-2020 | 2020-59700305 |
| 31-12-2018 | micro format | 19-08-2019 | 2019-50000284 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-53400238 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.