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RESULTACT

Active
Private limited companyfounded 2008active for 18 yearsFranklinstraat 53, 1000 Brussel, BelgiumKBO/BCE: BE 0806.063.565

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 10-07-2026 at the NBB all 17 filings

Turnover
≈ €160,000
Estimated: probably between €96,000 and €290,000
Total assets
€149,208▼ 11.9%
2024 · €169,364
Net result
€2,062▼ 93.2%
2024 · €30,286
Working capital
€45,017▼ 16.7%
2024 · €54,062
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 68% lower than in 2024.

Operating result€13,920 2025 Net result€2,062 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€23,627-€2,417▼ 89.8%-€14,651-€22,044▼ 50.5%€4,965-€20,643€43,470€13,920▼ 68.0%
Net result€12,913--€488-€18,321below the sector's middle half▼ 3,655%-€22,781below the sector's middle half▼ 24.3%€161within the sector's middle half-€30,254below the sector's middle half€30,286above the sector's middle half€2,062within the sector's middle half▼ 93.2%
Equity€78,975-€78,487▼ 0.6%€60,166within the sector's middle half▼ 23.3%€37,384within the sector's middle half▼ 37.9%€37,545within the sector's middle half▲ 0.4%€7,291within the sector's middle half▼ 80.6%€37,578within the sector's middle half▲ 415%€26,727within the sector's middle half▼ 28.9%
Total assets€320,062-€334,988▲ 4.7%€293,192above the sector's middle half▼ 12.5%€242,804within the sector's middle half▼ 17.2%€219,931within the sector's middle half▼ 9.4%€160,435within the sector's middle half▼ 27.1%€169,364within the sector's middle half▲ 5.6%€149,208within the sector's middle half▼ 11.9%
Debt€241,087-€256,501▲ 6.4%€233,026▼ 9.2%€205,419▼ 11.8%€182,386▼ 11.2%€153,144▼ 16.0%€131,786▼ 13.9%€122,481▼ 7.1%
Working capital€71,678-€85,378▲ 19.1%€65,736within the sector's middle half▼ 23.0%€51,389within the sector's middle half▼ 21.8%€48,047within the sector's middle half▼ 6.5%€25,730within the sector's middle half▼ 46.4%€54,062within the sector's middle half▲ 110%€45,017within the sector's middle half▼ 16.7%
Solvency24.7%-23.4%▼ 1.2pp20.5%within the sector's middle half▼ 2.9pp15.4%within the sector's middle half▼ 5.1pp17.1%within the sector's middle half▲ 1.7pp4.5%below the sector's middle half▼ 12.5pp22.2%within the sector's middle half▲ 17.6pp17.9%within the sector's middle half▼ 4.3pp
Current ratio2.71-3.81▲ 1.102.87within the sector's middle half▼ 0.942.72within the sector's middle half▼ 0.142.20within the sector's middle half▼ 0.521.78within the sector's middle half▼ 0.422.70within the sector's middle half▲ 0.922.06within the sector's middle half▼ 0.64
Return on assets (ROA)4.0%--0.1%▼ 4.2pp-6.2%below the sector's middle half▼ 6.1pp-9.4%below the sector's middle half▼ 3.1pp0.1%within the sector's middle half▲ 9.5pp-18.9%below the sector's middle half▼ 18.9pp17.9%within the sector's middle half▲ 36.7pp1.4%within the sector's middle half▼ 16.5pp
above within below The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,208
Fixed assets €61,832 ▼ 26.0%
Current assets €87,375 ▲ 1.8%
Equity and liabilities €149,208
Equity €26,727 ▼ 28.9%
Debt €122,481 ▼ 7.1%
Debt's share of the balance-sheet total rises from 77.8% to 82.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,124▼
2024 · €65,180
Cash flow
€24,266▼
2024 · €51,997
Debt to equity
4.58▲
2024 · 3.51
ROE
7.7%▼
2024 · 80.6%
Interest coverage
6.85▼
2024 · 10.04
Debt ≤ 1 year
€42,358▲
2024 · €31,792
Debt > 1 year
€80,122▼
2024 · €99,994
Income taxes
€4,410▼
2024 · €6,808
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as RESULTACT: other education (NACE 85599). They are comparable in size and age: total assets between €114,000 and €188,000, founded between 2005 and 2009.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
RESULTACT Brussel2008€149,208€26,727€39,632€2,0622025
Veerle Van Hoecke Consult Gent2009€128,784€102,740€38,687€23,2002025
STUDIO PERSPECTIEF Sint-Gillis-Waas2005€134,049€62,419€35,679€5,1372025
CABINET MEDICAL DELBROUCK ET POOT Charleroi2007€127,355€123,905€51,546€34,8252025
TSJAKOE Dilbeek2006€188,075€28,378€42,060€10,5542025
SABINEBAER.COM Ukkel2009€113,992€89,370€45,498€31,3722025
DEVELOPING TALENTS Sint-Pieters-Woluwe2006€129,625€97,801€29,868€5,5602025

They were chosen from the 1,379 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,508 companies had the same profile as RESULTACT has now. Two years later, 1.4% had gone bankrupt and 96.9% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.4% went bankrupt
1.6% stopped otherwise
96.9% was still going

The bankruptcy probability of RESULTACT itself is lower: < 0.1% within 12 months. It rests on far more data about RESULTACT than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for RESULTACT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€169,364€149,208▼
Fixed assets21/28€83,510€61,832▼
Tangible fixed assets22/27€83,510€61,832▼
Land and buildings22€30,816€23,629▼
Plant, machinery and equipment23€3,232€2,158▼
Furniture and vehicles24€2,031€1,549▼
Other tangible fixed assets26€47,432€34,496▼
Current assets29/58€85,854€87,375▲
Amounts receivable within one year40/41€17,198€24,805▲
Trade receivables40€17,198€24,805▲
Cash at bank and in hand54/58€65,708€61,171▼
Deferred charges and accrued income490/1€2,947€1,400▼
Equity and liabilities
Total equity and liabilities10/49€169,364€149,208▼
Equity10/15€37,578€26,727▼
Contributions10/11€12,400€12,400=
Reserves13€66,575€53,662▼
Distributable reserves133€66,575€53,662▼
Profit (loss) carried forward14-€41,397-€39,335▲
Amounts payable17/49€131,786€122,481▼
Amounts payable after more than one year17€99,994€80,122▼
Financial debts170/4€99,994€80,122▼
Amounts payable within one year42/48€31,792€42,358▲
Current portion of amounts payable after more than one year42€18,943€19,872▲
Financial debts43€6,000€6,000=
Credit institutions430/8€6,000€6,000=
Trade debts44€2,963€1,956▼
Suppliers440/4€2,963€1,956▼
Taxes, remuneration and social security45€2,567€8,894▲
Taxes450/3€2,567€7,094▲
Remuneration and social security454/9-€1,800
Other amounts payable47/48€1,319€5,636▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,710€22,204▲
Other operating charges640/8€2,375€3,509▲
Non-recurring operating charges66A€5,687-
Gross operating margin9900€73,242€39,632▼
Operating profit (loss)9901€43,470€13,920▼
Financial income75/76B€116€182▲
Recurring financial income75€116€182▲
Financial charges65/66B€6,492€7,629▲
Recurring financial charges65€6,492€5,276▼
Non-recurring financial charges66B-€2,353
Profit (loss) for the period before taxes9903€37,094€6,472▼
Income taxes67/77€6,808€4,410▼
Profit (loss) for the period9904€30,286€2,062▼
Profit (loss) for the period to be appropriated9905€30,286€2,062▼
Appropriation of the result
Profit (loss) to be appropriated9906-€41,397-€39,335▲
Profit (loss) brought forward from the previous period14P-€71,683-€41,397▲
Transfer from equity791/2-€12,913
Profit to be distributed694/7-€12,913
Return on contributions (dividend)694-€12,913

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.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,889€31,119€31,410€31,876€30,607€30,194€21,710€22,204▲ 2.3%
Other operating charges640/8---€2,909€1,650€2,197€2,375€3,509▲ 47.7%
Non-recurring operating charges66A------€5,687--
Gross operating margin9900€48,160€36,396€20,288€12,742€37,223€11,748€73,242€39,632▼ 45.9%
Operating profit (loss)9901€23,627€2,417-€14,651-€22,044€4,965-€20,643€43,470€13,920▼ 68.0%
Financial income75/76B---€10€0€138€116€182▲ 57.3%
Recurring financial income75€27€27-€10€0€138€116€182▲ 57.3%
Financial charges65/66B---€764€4,535€9,473€6,492€7,629▲ 17.5%
Recurring financial charges65€3,175€3,303€3,035€764€4,535€9,473€6,492€5,276▼ 18.7%
Non-recurring financial charges66B-------€2,353-
Profit (loss) for the period before taxes9903€20,479-€859-€17,686-€22,798€430-€29,977€37,094€6,472▼ 82.6%
Income taxes67/77€7,566-€371€635-€17€269€277€6,808€4,410▼ 35.2%
Profit (loss) for the period9904€12,913-€488-€18,321-€22,781€161-€30,254€30,286€2,062▼ 93.2%
Profit (loss) for the period to be appropriated9905€12,913-€488-€18,321-€22,781€161-€30,254€30,286€2,062▼ 93.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€320,062€334,988€293,192€242,804€219,931€160,435€169,364€149,208▼ 11.9%
Fixed assets21/28€206,498€219,229€192,259€161,586€131,887€101,692€83,510€61,832▼ 26.0%
Tangible fixed assets22/27€206,498€219,229€192,259€161,586€131,887€101,692€83,510€61,832▼ 26.0%
Land and buildings22---€52,375€45,189€38,002€30,816€23,629▼ 23.3%
Plant, machinery and equipment23---€857€1,314€610€3,232€2,158▼ 33.2%
Furniture and vehicles24---€22,113€12,080€2,712€2,031€1,549▼ 23.7%
Other tangible fixed assets26---€86,240€73,304€60,368€47,432€34,496▼ 27.3%
Current assets29/58€113,563€115,759€100,933€81,218€88,044€58,743€85,854€87,375▲ 1.8%
Amounts receivable within one year40/41€8,014€15,535€10,452€13,737€23,952€22,599€17,198€24,805▲ 44.2%
Trade receivables40---€12,496€22,701€20,832€17,198€24,805▲ 44.2%
Other amounts receivable41---€1,242€1,251€1,767---
Cash at bank and in hand54/58€105,549€100,224€90,481€67,481€63,498€33,441€65,708€61,171▼ 6.9%
Deferred charges and accrued income490/1----€594€2,704€2,947€1,400▼ 52.5%
Equity and liabilities
Total equity and liabilities10/49€320,062€334,988€293,192€242,804€219,931€160,435€169,364€149,208▼ 11.9%
Equity10/15€78,975€78,487€60,166€37,384€37,545€7,291€37,578€26,727▼ 28.9%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€66,575€66,575€66,575€66,575€66,575€66,575€66,575€53,662▼ 19.4%
Non-distributable reserves130/1---€1,860€1,860€1,860---
Reserves not available under the articles1311---€1,860€1,860€1,860---
Distributable reserves133---€64,715€64,715€64,715€66,575€53,662▼ 19.4%
Profit (loss) carried forward14--€488-€18,809-€41,590-€41,430-€71,683-€41,397-€39,335▲ 5.0%
Amounts payable17/49€241,087€256,501€233,026€205,419€182,386€153,144€131,786€122,481▼ 7.1%
Amounts payable after more than one year17€199,202€226,120€197,830€175,591€142,388€120,131€99,994€80,122▼ 19.9%
Financial debts170/4---€175,591€142,388€120,131€99,994€80,122▼ 19.9%
Amounts payable within one year42/48€41,885€30,381€35,197€29,829€39,997€33,013€31,792€42,358▲ 33.2%
Current portion of amounts payable after more than one year42---€20,451€26,912€24,741€18,943€19,872▲ 4.9%
Financial debts43---€2,000€2,000€3,000€6,000€6,000=
Credit institutions430/8---€2,000€2,000€3,000€6,000€6,000=
Trade debts44€1,763€1,820€235€826€4,931€1,323€2,963€1,956▼ 34.0%
Suppliers440/4---€826€4,931€1,323€2,963€1,956▼ 34.0%
Taxes, remuneration and social security45---€6,552€6,154€3,862€2,567€8,894▲ 246%
Taxes450/3---€6,552€6,154€3,862€2,567€7,094▲ 176%
Remuneration and social security454/9-------€1,800-
Other amounts payable47/48-----€86€1,319€5,636▲ 327%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,913-€488-€18,321-€22,781€161-€30,254€30,286€2,062▼ 93.2%
+ Depreciation and write-downs630€22,889€31,119€31,410€31,876€30,607€30,194€21,710€22,204▲ 2.3%
Operating cash flow (approximation)€35,802€30,631€13,089€9,095€30,768-€59€51,997€24,266▼ 53.3%
Investment in fixed assets (approximation)--€43,850-€4,441-€1,203-€908€0-€3,529-€526▲ 85.1%
Change in cash--€5,325-€9,743-€23,000-€3,983-€30,057€32,268-€4,538-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-07-2026 2026-00279812 NBB
31-12-2024 micro format 30-06-2025 2025-00225226 PDF
31-12-2023 micro format 26-06-2024 2024-00172147 PDF
31-12-2022 micro format 16-08-2023 2023-00339046 PDF
31-12-2021 micro format 08-09-2022 2022-20423073 PDF
31-12-2020 micro format 30-08-2021 2021-59300091 PDF
31-12-2019 micro format 08-07-2020 2020-28300088 PDF
31-12-2018 micro format 22-07-2019 2019-37400197 PDF
31-12-2017 micro format 19-06-2018 2018-20600106 PDF
31-12-2016 micro format 31-08-2017 2017-57700007 PDF

Show all 17 filings

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