Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-06-2026 PDF all 15 filings
Turnover
€879,699▲ 156%
2020 · €343,000
EBIT margin
5.8%▲ 6.1pp
2020 · -0.3%
Net result
-€116,001▼ 342%
2024 · -€26,236
Working capital
-€371,450▼ 28.7%
2024 · -€288,672
In the rankings
#6 company by total assets in Dilsen-Stokkem, Administrative and support services sector#9 company by equity in Dilsen-Stokkem, Administrative and support services sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
-€84,339
▼ 717%
2025
20182025
Net result
-€116,001
▼ 342%
2025
lowest quarter of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€1.0m
▼ 9.9%
2025
highest quarter of the sector
20182025
Total assets
€2.7m
▼ 2.5%
2025
highest quarter of the sector
20182025
Debt
€1.6m
▲ 2.9%
2025
20182025
Working capital
-€371,450
▼ 28.7%
2025
lowest quarter of the sector
20182025
Solvency
39.1%
▼ 3.2pp
2025
middle half of the sector
20182025
Current ratio
0.34
▼ 0.13
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-4.3%
▼ 3.4pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
3.3
▲ 17.9%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.3m-€0.5m▲ 90.9%€0.3m▼ 34.4%€0.9m
Operating result-€0.004m-€0.07m-€0.001m€0.2m€0.05m▼ 70.4%€0.3m▲ 509%-€0.01m-€0.08m▼ 717%
Net result-€0.02m-€0.05m-€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 57.8%€0.3mabove the sector's middle half€0.5mabove the sector's middle half▲ 61.8%-€0.03mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 342%
EBIT margin-1.3%-13.2%▲ 14.6pp-0.3%▼ 13.5pp5.8%
Equity€5.1m-€4.1m▼ 18.7%€3.9mabove the sector's middle half▼ 4.3%€0.7mwithin the sector's middle half▼ 83.1%€1.0mwithin the sector's middle half▲ 47.4%€1.5mabove the sector's middle half▲ 52.1%€1.2mwithin the sector's middle half▼ 21.9%€1.0mabove the sector's middle half▼ 9.9%
Total assets€5.5m-€5.4m▼ 1.4%€4.7mwithin the sector's middle half▼ 13.0%€2.4mwithin the sector's middle half▼ 49.1%€2.3mwithin the sector's middle half▼ 2.3%€2.7mwithin the sector's middle half▲ 16.2%€2.8mwithin the sector's middle half▲ 1.0%€2.7mabove the sector's middle half▼ 2.5%
Debt€0.4m-€1.3m▲ 201%€0.8m▼ 40.7%€1.7m▲ 125%€1.4m▼ 21.4%€1.2m▼ 9.6%€1.6m▲ 28.6%€1.6m▲ 2.9%
Working capital-€0.1m--€1.1m▼ 651%-€0.6mbelow the sector's middle half▲ 40.5%€0.1mwithin the sector's middle half-€0.1mbelow the sector's middle half€0.2mwithin the sector's middle half-€0.3mbelow the sector's middle half-€0.4mbelow the sector's middle half▼ 28.7%
Solvency92.1%-76.0%▼ 16.2pp83.6%above the sector's middle half▲ 7.7pp27.7%within the sector's middle half▼ 55.9pp41.8%within the sector's middle half▲ 14.1pp54.8%within the sector's middle half▲ 12.9pp42.4%within the sector's middle half▼ 12.4pp39.1%within the sector's middle half▼ 3.2pp
Current ratio0.62-0.17▼ 0.460.15below the sector's middle half▼ 0.011.40within the sector's middle half▲ 1.240.77within the sector's middle half▼ 0.631.62within the sector's middle half▲ 0.850.47below the sector's middle half▼ 1.150.34below the sector's middle half▼ 0.13
Return on assets (ROA)-0.3%-1.0%▲ 1.3pp-3.7%below the sector's middle half▼ 4.7pp-11.6%below the sector's middle half▼ 7.9pp13.5%above the sector's middle half▲ 25.1pp18.7%above the sector's middle half▲ 5.3pp-1.0%below the sector's middle half▼ 19.7pp-4.3%below the sector's middle half▼ 3.4pp
Staff (FTE)2.5within the sector's middle half3.3within the sector's middle half▲ 32.0%3.1within the sector's middle half▼ 6.1%2.8within the sector's middle half▼ 9.7%3.3within the sector's middle half▲ 17.9%
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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 operating result for 2025 is a loss of €84,339, larger than the loss of €10,320 in 2024. It is the lowest result since 2021.
Large changes and their cause
- 2023 Net result +62% on 2022. The accounts now follow the abbreviated format, last year the full format.
- 2021 Net result -58% on 2020. The accounts now follow the abbreviated format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€2.5m ▼ 0.2%
Current assets
€191,282 ▼ 25.3%
Equity and liabilities €2.7m
Equity
€1.0m ▼ 9.9%
Debt
€1.6m ▲ 2.9%
Debt's share of the balance-sheet total rises from 57.6% to 60.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-11.0%▼
2024 · -2.3%
Debt ≤ 1 year
€562,731▲
2024 · €544,837
Debt > 1 year
€1.1m▲
2024 · €1.0m
Income taxes
€5,945▼
2024 · €6,421
Staff costs
€364,485▲
2024 · €293,852
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 3 | 3 | 3 |
| full-time | 4 | 3 | 2 | 2 | 2 |
| part-time | - | - | 1 | 1 | 1 |
| in full-time equivalents | 4 | 3 | 2.8 | 2.8 | 2.8 |
| Average over the year, in full-time equivalents | 2.5 | 3.3 | 3.1 | 2.8 | 3.3 |
| On a permanent contract | 4 | 3 | 3 | 3 | 3 |
| Joined | 7 | 0 | 1 | - | 1 |
| Left | 3 | 1 | 1 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €25,209 | €58,441 | €85,659 | €477,827 | €88,856 |
| Intangible fixed assets | €28,500 | €11,570 | - | - | - |
| Depreciation and write-downs of the year | €6,949 | €18,935 | €28,615 | €50,825 | €57,807 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €6,021 awarded · €6,021 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €3,445 | €3,445 |
| 2023 | 1 | €1,657 | €2,576 |
| 2022 | 1 | €919 | €0 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €908,585 | - | - | - | - |
| Turnover70 | €274,140 | €523,240 | €343,000 | - | €879,699 | - | - | - | - |
| Other operating income74 | - | - | - | - | €21,927 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €6,959 | €8,940 | - | - | - |
| Operating charges60/66A | - | - | - | - | €857,481 | - | - | - | - |
| Services and other goods61 | - | - | - | - | €590,887 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €161,531 | €242,095 | €300,005 | €293,852 | €364,485 | ▲ 24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €435 | €259 | €247 | €6,949 | €18,935 | €28,615 | €50,825 | €57,807 | ▲ 13.7% |
| Other operating charges640/8 | - | - | - | €3,842 | €1,698 | €2,755 | €10,696 | €1,627 | ▼ 84.8% |
| Non-recurring operating charges66A | - | - | - | - | €3,867 | €1,155 | - | €278,519 | - |
| Gross operating margin9900 | - | - | - | €345,199 | - | €643,685 | €345,052 | €618,099 | ▲ 79.1% |
| Operating profit (loss)9901 | -€3,598 | €69,281 | -€996 | €172,876 | €51,104 | €311,154 | -€10,320 | -€84,339 | ▼ 717% |
| Financial income75/76B | - | - | - | €260,411 | €310,736 | €300,345 | €21,766 | €8,246 | ▼ 62.1% |
| Recurring financial income75 | €1,275 | €2,423 | €455,717 | €250,494 | €301,641 | €300,345 | €135 | €264 | ▲ 95.9% |
| Income from financial fixed assets750 | - | - | - | - | €300,000 | - | - | - | - |
| Other financial income752/9 | - | - | - | - | €1,641 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | €9,917 | €9,095 | - | €21,631 | €7,982 | ▼ 63.1% |
| Financial charges65/66B | - | - | - | €680,994 | €20,972 | €19,339 | €31,261 | €33,962 | ▲ 8.6% |
| Recurring financial charges65 | €13,599 | €18,133 | €20,293 | €13,617 | €20,972 | €19,339 | €31,261 | €33,962 | ▲ 8.6% |
| Debt charges650 | €13,303 | €17,520 | €19,900 | - | €20,324 | - | - | - | - |
| Other financial charges652/9 | - | - | - | - | €648 | - | - | - | - |
| Non-recurring financial charges66B | - | - | - | €667,377 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€15,922 | €53,572 | -€175,272 | -€247,706 | €340,868 | €592,161 | -€19,815 | -€110,055 | ▼ 455% |
| Income taxes67/77 | - | €1,357 | €1,483 | €31,256 | €25,133 | €81,205 | €6,421 | €5,945 | ▼ 7.4% |
| Taxes670/3 | - | - | - | - | €25,133 | - | - | - | - |
| Profit (loss) for the period9904 | -€15,922 | €52,215 | -€176,755 | -€278,962 | €315,735 | €510,955 | -€26,236 | -€116,001 | ▼ 342% |
| Profit (loss) for the period to be appropriated9905 | -€15,922 | €52,215 | -€176,755 | -€278,962 | €315,735 | €510,955 | -€26,236 | -€116,001 | ▼ 342% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.5m | €5.4m | €4.7m | €2.4m | €2.3m | €2.7m | €2.8m | €2.7m | ▼ 2.5% |
| Fixed assets21/28 | €5.3m | €5.2m | €4.6m | €2.0m | €2.0m | €2.1m | €2.5m | €2.5m | ▼ 0.2% |
| Intangible fixed assets21 | - | - | - | €0.03m | €0.03m | €0.02m | €0.01m | €0.005m | ▼ 60.0% |
| Tangible fixed assets22/27 | €0.001m | €247 | - | €0.02m | €0.06m | €0.1m | €0.5m | €0.6m | ▲ 0.7% |
| Land and buildings22 | - | - | - | - | - | - | €0.4m | €0.4m | ▲ 1.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.01m | €0.01m | €0.006m | ▼ 50.9% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.05m | €0.1m | €0.1m | €0.1m | ▲ 3.3% |
| Leasing and similar rights25 | - | - | - | €0.009m | €0.003m | - | - | - | - |
| Financial fixed assets28 | €5.3m | €5.2m | €4.6m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Affiliated companies280/1 | - | - | - | - | €1.9m | - | - | - | - |
| Participating interests280 | - | - | - | - | €1.9m | - | - | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.1m | €0.4m | €0.3m | €0.7m | €0.3m | €0.2m | ▼ 25.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.4m | €0.3m | €0.4m | €0.2m | €0.2m | ▼ 12.9% |
| Trade receivables40 | - | - | - | €0.4m | €0.08m | €0.1m | €0.1m | €0.07m | ▼ 34.6% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.2m | €0.3m | €0.08m | €0.09m | ▲ 16.2% |
| Cash at bank and in hand54/58 | €0.02m | €0.009m | €0.007m | €0.03m | €0.04m | €0.2m | €0.07m | €0.03m | ▼ 63.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.01m | €0.01m | €0.005m | €0.009m | ▲ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.5m | €5.4m | €4.7m | €2.4m | €2.3m | €2.7m | €2.8m | €2.7m | ▼ 2.5% |
| Equity10/15 | €5.1m | €4.1m | €3.9m | €0.7m | €1.0m | €1.5m | €1.2m | €1.0m | ▼ 9.9% |
| Contributions10/11 | €5.3m | €4.3m | €4.3m | €1.3m | €1.3m | €1.3m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.3m | €1.3m | €1.3m | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.3m | €1.3m | €1.3m | €1.0m | €1.0m | = |
| Reserves13 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.4m | -€0.6m | -€0.4m | €0.06m | €0.04m | -€0.08m | - |
| Amounts payable17/49 | €0.4m | €1.3m | €0.8m | €1.7m | €1.4m | €1.2m | €1.6m | €1.6m | ▲ 2.9% |
| Amounts payable after more than one year17 | - | - | - | €1.1m | €0.9m | €0.8m | €1.0m | €1.1m | ▲ 2.5% |
| Financial debts170/4 | - | - | - | €1.1m | €0.9m | €0.8m | €1.0m | €1.1m | ▲ 2.5% |
| Credit institutions173 | - | - | - | - | €0.02m | - | - | - | - |
| Other loans174 | - | - | - | - | €0.9m | - | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €1.3m | €0.8m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 24.4% |
| Trade debts44 | €0.05m | €0.04m | €0.05m | €0.06m | €0.02m | €0.02m | €0.03m | €0.01m | ▼ 62.2% |
| Suppliers440/4 | - | - | - | €0.06m | €0.02m | €0.02m | €0.03m | €0.01m | ▼ 62.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.3m | ▲ 123% |
| Taxes450/3 | - | - | - | €0.09m | €0.06m | €0.09m | €0.09m | €0.07m | ▼ 27.2% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.03m | €0.05m | €0.04m | €0.2m | ▲ 519% |
| Other amounts payable47/48 | - | - | - | - | €0.2m | €0.1m | €0.2m | €0.08m | ▼ 64.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.3m | - | - | - | €0.003m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.02m | €0.05m | -€0.2m | -€0.3m | €0.3m | €0.5m | -€0.03m | -€0.1m | ▼ 342% |
| + Depreciation and write-downs630 | €435 | €259 | €247 | €0.007m | €0.02m | €0.03m | €0.05m | €0.06m | ▲ 13.7% |
| Operating cash flow (approximation) | -€0.02m | €0.05m | -€0.2m | -€0.3m | €0.3m | €0.5m | €0.02m | -€0.06m | - |
| Investment in fixed assets (approximation) | - | €0.05m | €0.6m | €2.6m | -€0.06m | -€0.08m | -€0.5m | -€0.05m | ▲ 88.8% |
| Change in cash | - | -€0.01m | -€0.002m | €0.02m | €0.008m | €0.2m | -€0.1m | -€0.05m | ▲ 65.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-06-2026 | 2026-00142868 | |
| 31-12-2024 | abbreviated format | 12-08-2025 | 2025-00384901 | |
| 31-12-2023 | abbreviated format | 06-06-2024 | 2024-00122234 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00412376 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20422503 | |
| 31-12-2020 | full format | 24-06-2021 | 2021-24300510 | |
| 31-12-2019 | full format | 24-06-2020 | 2020-20000383 | |
| 31-12-2018 | full format | 24-06-2019 | 2019-22000326 | |
| 31-12-2017 | full format | 01-08-2018 | 2018-43900546 | |
| 31-12-2016 | full format | 12-07-2017 | 2017-30200168 |