RESOURCES
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €60,000. Estimated: probably between €28,000 and €120,000.
Balance sheet
balance sheet total €96,028 on 31-12-2025in euro
in euro
Position in the sector
87.9%
Higher than 86% of 39,368 companies in 2025.
7.76
Higher than 86% of 38,051 companies in 2025.
9.2%
Higher than 40% of 38,523 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
96,028 | 86,397 | 72,057 | 70,709 | 71,267 | 82,523 | 67,137 | 55,042 | 56,639 | 47,810 | 62,227 | 76,803 | 81,463 | 90,393 | 55,917 | 63,422 | 66,891 | 91,854 | 81,386 | 101,711 | |
21/28 |
6,152 | 6,042 | 600 | 1,773 | 3,008 | 4,242 | 5,554 | 1,150 | 1,892 | 3,063 | 3,825 | 9,369 | 17,027 | 28,796 | 39,181 | 20,148 | 4,415 | 8,831 | 19,952 | 31,450 | |
22/27 |
6,152 | 6,042 | 600 | 1,773 | 3,008 | 4,242 | 5,554 | 1,150 | 1,892 | 3,063 | 3,825 | 9,369 | 17,027 | 28,796 | 39,181 | 20,148 | 4,415 | 8,831 | 19,952 | 31,450 | |
23 |
- | - | - | - | - | - | 77 | 154 | 232 | 309 | - | - | - | - | - | - | - | - | - | - | |
24 |
6,152 | 6,042 | 600 | 600 | 661 | 722 | 783 | 995 | 1,661 | 2,755 | 3,825 | 9,369 | 17,027 | 28,796 | 39,181 | 20,148 | 4,415 | 8,831 | 19,952 | 31,450 | |
26 |
- | - | - | 1,173 | 2,347 | 3,520 | 4,693 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
89,876 | 80,355 | 71,457 | 68,936 | 68,260 | 78,281 | 61,584 | 53,892 | 54,746 | 44,747 | 58,403 | 67,434 | 64,436 | 61,597 | 16,736 | 43,274 | 62,475 | 83,023 | 61,433 | 70,261 | |
40/41 |
12,694 | 14,099 | 22,578 | 15,660 | 11,712 | 23,221 | 10,445 | 10,024 | 21,385 | 10,696 | 18,535 | 13,071 | 23,128 | 52,636 | 9,710 | 8,463 | 3,723 | 1,793 | 1,712 | 4,502 | |
40 |
11,816 | 11,253 | 19,602 | 8,990 | 8,899 | 23,221 | 10,323 | 9,903 | 21,264 | 10,696 | 18,528 | 7,411 | 18,196 | 52,636 | 651 | 8,304 | 2,571 | 1,664 | 1,712 | 2,900 | |
41 |
878 | 2,846 | 2,976 | 6,670 | 2,813 | - | 122 | 122 | 122 | - | 7 | 5,660 | 4,932 | - | 9,059 | 159 | 1,151 | 130 | - | 1,602 | |
54/58 |
76,988 | 65,544 | 48,275 | 53,276 | 56,548 | 54,903 | 50,987 | 43,720 | 33,361 | 34,051 | 39,868 | 54,364 | 41,146 | 8,664 | 6,729 | 33,666 | 58,691 | 80,628 | 58,558 | 64,164 | |
490/1 |
193 | 713 | 604 | - | - | 157 | 151 | 148 | - | - | - | - | 162 | 297 | 297 | 1,144 | 62 | 602 | 1,164 | 1,596 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
96,028 | 86,397 | 72,057 | 70,709 | 71,267 | 82,523 | 67,137 | 55,042 | 56,639 | 47,810 | 62,227 | 76,803 | 81,463 | 90,393 | 55,917 | 63,422 | 66,891 | 91,854 | 81,386 | 101,711 | |
10/15 |
84,453 | 75,659 | 58,058 | 58,426 | 59,864 | 72,046 | 60,100 | 51,189 | 48,492 | 39,853 | 57,129 | 53,424 | 69,888 | 48,764 | 38,764 | 38,115 | 34,220 | 36,846 | 35,986 | 42,142 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
100 |
- | - | - | - | - | - | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
13 |
59,453 | 50,659 | 33,058 | 33,426 | 34,864 | 35,100 | 35,100 | 26,189 | 23,492 | 14,853 | 32,129 | 28,424 | 44,888 | 23,764 | 23,757 | 23,757 | 23,757 | 23,757 | 23,757 | 23,757 | |
130/1 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
1311 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
56,953 | 48,159 | 30,558 | 30,926 | 32,364 | 32,600 | 32,600 | 23,689 | 20,992 | 12,353 | 29,629 | 25,924 | 42,388 | 21,264 | 21,257 | 21,257 | 21,257 | 21,257 | 21,257 | 21,257 | |
14 |
- | - | - | - | - | 11,945 | - | - | - | - | - | - | - | - | -9,993 | -10,642 | -14,537 | -11,912 | -12,771 | -6,616 | |
17/49 |
11,575 | 10,738 | 13,999 | 12,283 | 11,403 | 10,477 | 7,037 | 3,853 | 8,147 | 7,957 | 5,099 | 23,379 | 11,576 | 41,629 | 17,153 | 25,307 | 32,671 | 55,008 | 45,399 | 59,570 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | 26,262 | 31,136 | 39,412 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | 26,262 | 31,136 | 39,412 | |
42/48 |
11,575 | 10,738 | 13,999 | 12,283 | 11,403 | 10,477 | 7,037 | 3,853 | 8,147 | 7,957 | 5,099 | 23,379 | 11,576 | 41,476 | 17,000 | 25,307 | 7,671 | 26,996 | 12,513 | 18,131 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,262 | 5,048 | 8,682 | 13,769 | |
44 |
1,067 | 662 | 975 | 764 | 1,625 | 1,808 | 2,755 | 625 | 1,797 | 760 | 1,638 | 1,439 | 1,387 | 15,848 | 364 | 1,896 | 1,205 | 2,155 | 1,077 | 2,325 | |
440/4 |
1,067 | 662 | 975 | 764 | 1,625 | 1,808 | 2,755 | 625 | 1,797 | 760 | 1,638 | 1,439 | 1,387 | 15,848 | 364 | 1,896 | 1,205 | 2,155 | 1,077 | 2,325 | |
46 |
- | - | - | 1,071 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
9,586 | 9,241 | 11,843 | 9,505 | 9,127 | 8,669 | 2,711 | 2,648 | 4,877 | 5,907 | 3,038 | 21,940 | 10,188 | 2,346 | 16,636 | 20,129 | 1,552 | 17,835 | 1,934 | 827 | |
450/3 |
9,586 | 9,241 | 11,843 | 9,505 | 9,127 | 8,669 | 2,711 | 2,648 | 4,877 | 5,907 | 3,038 | 21,940 | 10,188 | 2,346 | 1,636 | 129 | 1,552 | 2,835 | 1,934 | 827 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | 20,000 | - | 15,000 | - | - | |
47/48 |
922 | 835 | 1,182 | 943 | 651 | - | 1,570 | 581 | 1,474 | 1,290 | 422 | - | - | 23,283 | - | 3,283 | 3,652 | 1,959 | 820 | 1,211 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 153 | 153 | - | - | 1,750 | 1,750 | 2,026 | |
| Income statement | |||||||||||||||||||||
76A |
- | 300 | - | - | - | - | - | - | - | - | 5,000 | - | - | - | - | 5,350 | - | - | - | - | |
9900 |
12,990 | 20,909 | 954 | 83 | -10,693 | 17,076 | 13,220 | 4,218 | 10,654 | -15,395 | 6,825 | 1,752 | 40,505 | 29,790 | 28,543 | 27,780 | 3,119 | 30,289 | 7,491 | 17,195 | |
630 |
1,146 | 288 | 1,173 | 1,234 | 1,234 | 1,312 | 1,463 | 1,048 | 1,625 | 1,747 | 7,457 | 12,273 | 11,702 | 11,635 | 11,285 | 9,452 | 4,415 | 11,686 | 11,498 | 11,680 | |
640/8 |
- | - | - | - | - | 75 | - | - | - | - | - | - | - | - | - | - | 285 | 573 | - | - | |
9901 |
11,844 | 20,620 | -219 | -1,151 | -11,927 | 15,689 | 11,758 | 3,170 | 9,030 | -17,143 | -633 | -10,521 | 28,803 | 18,154 | 17,258 | 18,327 | -1,581 | 18,031 | -4,006 | 5,515 | |
75/76B |
231 | 130 | 97 | 0 | 0 | 1 | - | 0 | 25 | 43 | 56 | 163 | 164 | - | 455 | 674 | 1,061 | 1,149 | 872 | 815 | |
75 |
231 | 130 | 97 | 0 | 0 | 1 | - | 0 | 25 | 43 | 56 | 163 | 164 | - | 455 | 674 | 1,061 | 1,149 | 872 | 815 | |
65/66B |
89 | 62 | 63 | 87 | 68 | 101 | 159 | 123 | 188 | 170 | 275 | 290 | 384 | 3,154 | 360 | 167 | 294 | 2,356 | 2,892 | 3,345 | |
65 |
89 | 62 | 63 | 87 | 68 | 101 | 159 | 123 | 188 | 170 | 275 | 290 | 384 | 3,154 | 360 | 167 | 294 | 2,356 | 2,892 | 3,345 | |
9903 |
11,986 | 20,688 | -185 | -1,238 | -11,995 | 15,589 | 11,599 | 3,048 | 8,866 | -17,271 | 4,149 | -10,648 | 28,583 | 15,000 | 17,353 | 24,184 | -814 | 16,823 | -6,026 | 2,985 | |
67/77 |
3,191 | 3,087 | 184 | 201 | 187 | 3,644 | 2,687 | 351 | 228 | 5 | 443 | 5,816 | 8,294 | - | 1,704 | 289 | 1,811 | 964 | 130 | 949 | |
9904 |
8,794 | 17,601 | -368 | -1,438 | -12,182 | 11,945 | 8,912 | 2,697 | 8,638 | -17,276 | 3,705 | -16,464 | 20,289 | 15,000 | 15,649 | 23,895 | -2,626 | 15,859 | -6,155 | 2,036 | |
9905 |
8,794 | 17,601 | -368 | -1,438 | -12,182 | 11,945 | 8,912 | 2,697 | 8,638 | -17,276 | 3,705 | -16,464 | 20,289 | 15,000 | 15,649 | 23,895 | -2,626 | 15,859 | -6,155 | 2,036 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
8,794 | 17,601 | -368 | -1,438 | -236 | 11,945 | 8,912 | 2,697 | 8,638 | -17,276 | 3,705 | -16,464 | 20,289 | 15,000 | 5,007 | 9,358 | -14,537 | 3,088 | -12,771 | -6,616 | |
14P |
- | - | - | - | 11,945 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 368 | 1,438 | 236 | - | - | - | - | 17,276 | - | 16,464 | - | - | - | - | - | - | - | - | |
691/2 |
8,794 | 17,601 | - | - | - | - | 8,912 | 2,697 | 8,638 | - | 3,705 | - | 20,289 | - | - | - | - | - | - | - | |
6921 |
8,794 | 17,601 | - | - | - | - | 8,912 | 2,697 | 8,638 | - | 3,705 | - | 20,289 | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | 15,000 | 20,000 | - | 15,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | 15,000 | 20,000 | - | 15,000 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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 28-07-2026.
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 | micro format | 28-07-2026 | 2026-00381602 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00315350 | |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00348256 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00431065 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20390874 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60800054 | |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67800450 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-62700206 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-66900357 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-55700562 | |
| 31-12-2015 | abbreviated format | 29-09-2016 | 2016-62900231 | |
| 31-12-2014 | abbreviated format | 08-07-2015 | 2015-28500591 | |
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-62200086 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-53700199 | |
| 31-12-2011 | abbreviated format | 27-08-2012 | 2012-46200309 | |
| 31-12-2010 | abbreviated format | 11-08-2011 | 2011-39600269 | |
| 31-12-2009 | abbreviated format | 30-06-2010 | 2010-24900258 | |
| 31-12-2008 | abbreviated format | 09-07-2009 | 2009-39500399 | |
| 31-12-2007 | abbreviated format | 08-08-2008 | 2008-55100216 | |
| 31-12-2006 | abbreviated format | 03-07-2007 | 2007-34500284 | |
| 31-12-2005 | abbreviated format | 09-06-2006 | 2006-22402592 | |
| 31-12-2004 | abbreviated format | 17-06-2005 | 2005-28300127 | |
| 31-12-2003 | abbreviated format | 09-06-2004 | 2004-22301673 | |
| 31-12-2002 | abbreviated format | 04-06-2003 | 2003-19502041 | |
| 31-12-2001 | abbreviated format | 27-06-2002 | 2002-29202594 | |
| 31-12-2000 | abbreviated format | 08-06-2001 | 2001-19101203 | |
| 31-12-1999 | abbreviated format | 30-06-2000 | 2000-35002956 | |
| 31-12-1998 | abbreviated format | 05-07-1999 | 1999-30301471 | |
| 31-12-1997 | abbreviated format | 16-06-1998 | 1998-18404695 | |
| 31-12-1996 | abbreviated format | 10-06-1997 | 1997-14400189 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,990 | 20,909 | 954 | 83 | -10,693 | 17,001 | 13,220 | 4,218 | 10,654 | -15,395 | 6,825 | 1,752 | 40,505 | 29,790 | 28,543 | 27,780 | 2,834 | 29,716 | 7,491 | 17,195 | ||
| 9,940 | 17,889 | 805 | -204 | -10,947 | 13,257 | 10,375 | 3,745 | 10,263 | -15,528 | 11,162 | -4,191 | 31,991 | 26,635 | 26,934 | 33,347 | 1,790 | 27,545 | 5,342 | 13,716 | ||
| 1,256 | 5,730 | 0 | 0 | 0 | 0 | 5,867 | 305 | 454 | 986 | 1,913 | 4,614 | -67 | 1,250 | 30,318 | 25,185 | 0 | 564 | 0 | 21,760 | ||
| 11,445 | 17,269 | -5,001 | -3,272 | 1,645 | 3,916 | 7,268 | 10,359 | -690 | -5,817 | -14,496 | 13,217 | 32,482 | 1,935 | -26,937 | -25,024 | -21,937 | 22,070 | -5,606 | - | ||
| 78,301 | 69,617 | 57,458 | 56,652 | 56,857 | 67,804 | 54,547 | 50,039 | 46,599 | 36,790 | 53,304 | 44,055 | 52,860 | 20,121 | -264 | 17,967 | 54,805 | 56,027 | 48,920 | 52,130 | ||
| 87.9% | 87.6% | 80.6% | 82.6% | 84.0% | 87.3% | 89.5% | 93.0% | 85.6% | 83.4% | 91.8% | 69.6% | 85.8% | 53.9% | 69.3% | 60.1% | 51.2% | 40.1% | 44.2% | 41.4% | ||
| 7.76 | 7.48 | 5.10 | 5.61 | 5.99 | 7.47 | 8.75 | 13.99 | 6.72 | 5.62 | 11.45 | 2.88 | 5.57 | 1.49 | 0.98 | 1.71 | 8.14 | 3.08 | 4.91 | 3.88 | ||
| 0.14 | 0.14 | 0.24 | 0.21 | 0.19 | 0.15 | 0.12 | 0.08 | 0.17 | 0.20 | 0.09 | 0.44 | 0.17 | 0.85 | 0.44 | 0.66 | 0.95 | 1.49 | 1.26 | 1.41 | ||
| 10.4% | 23.3% | -0.6% | -2.5% | -20.3% | 16.6% | 14.8% | 5.3% | 17.8% | -43.3% | 6.5% | -30.8% | 29.0% | 30.8% | 40.4% | 62.7% | -7.7% | 43.0% | -17.1% | 4.8% | ||
| 9.2% | 20.4% | -0.5% | -2.0% | -17.1% | 14.5% | 13.3% | 4.9% | 15.3% | -36.1% | 6.0% | -21.4% | 24.9% | 16.6% | 28.0% | 37.7% | -3.9% | 17.3% | -7.6% | 2.0% | ||
| over 100 | over 100 | 15.18 | 0.96 | -158.41 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,256 | €5,730 | - | - | - |
| €1,146 | €288 | €1,173 | €1,234 | €1,234 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RESOURCES
The operating result for 2025 is 43% lower than in 2024.
Debt's share of the balance-sheet total falls from 12.4% to 12.1%. Equity and debt are higher.