SeC
Annual accounts 2025
micro format, filed on 15-06-2026, 46 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €30,853 on 31-12-2025in euro
in euro
Position in the sector
-33.9%
Higher than 13% of 13,805 companies in 2025.
0.75
Higher than 19% of 13,186 companies in 2025.
-35.6%
Higher than 7% of 13,365 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
30,853 | 1,530 | |
29/58 |
30,853 | 1,530 | |
3 |
19,436 | - | |
30/36 |
19,436 | - | |
40/41 |
6,971 | 1,028 | |
40 |
1,143 | 278 | |
41 |
5,828 | 750 | |
54/58 |
4,446 | 502 | |
| Balance sheet: equity and liabilities | |||
10/49 |
30,853 | 1,530 | |
10/15 |
-10,447 | 532 | |
10/11 |
6,500 | 6,500 | |
14 |
-16,947 | -5,968 | |
17/49 |
41,300 | 998 | |
42/48 |
41,300 | 998 | |
44 |
39,143 | 231 | |
440/4 |
39,143 | 231 | |
46 |
- | 246 | |
45 |
- | 521 | |
450/3 |
- | 521 | |
47/48 |
2,157 | - | |
| Income statement | |||
9900 |
-10,452 | -3,556 | |
630 |
- | 809 | |
640/8 |
468 | 1,591 | |
9901 |
-10,920 | -5,956 | |
75/76B |
- | 8 | |
75 |
- | 8 | |
65/66B |
58 | 20 | |
65 |
58 | 20 | |
9903 |
-10,979 | -5,968 | |
9904 |
-10,979 | -5,968 | |
9905 |
-10,979 | -5,968 | |
| Appropriation of the result | |||
9906 |
-16,947 | -5,968 | |
14P |
-5,968 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| - | -5,147 | ||
| - | -5,159 | ||
| 3,944 | - | ||
| -10,447 | 532 | ||
| -33.9% | - | ||
| 0.75 | - | ||
| 0.28 | - | ||
| -35.6% | - | ||
| - | -262.85 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on SeC
The operating result for 2025 is a loss of €10,920, larger than the loss of €5,956 in 2024.
Equity is negative. Debt (€41,300) exceeds the balance-sheet total (€30,853).