SECREFISC
Annual accounts 2025
abbreviated format, filed on 04-05-2026, 88 days before the deadlineMoney flows
of every €100 of turnover, €45.82 remains as profit in 2025Balance sheet
balance sheet total €1.1m on 31-12-2025in euro
in euro
Position in the sector
73.1%
Higher than 70% of 10,856 companies in 2025.
2.31
Higher than 62% of 10,478 companies in 2025.
11.4%
Higher than 68% of 10,725 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
1.1m | 1.0m | 923,027 | 804,517 | 706,803 | 684,780 | 616,858 | 545,739 | 498,798 | 459,293 | 542,726 | 549,398 | 503,117 | 463,239 | 426,404 | 401,903 | 373,880 | 362,046 | 348,675 | 330,395 | |
21/28 |
429,415 | 94,436 | 45,250 | 48,826 | 51,902 | 130,073 | 166,497 | 183,932 | 206,372 | 229,248 | 84,228 | 222,144 | 204,986 | 215,524 | 226,376 | 236,473 | 235,597 | 234,046 | 247,661 | 260,908 | |
22/27 |
79,661 | 94,118 | 44,932 | 47,508 | 50,084 | 51,420 | 54,103 | 56,786 | 65,253 | 74,430 | 83,910 | 222,144 | 204,986 | 215,524 | 226,376 | 236,473 | 235,597 | 234,046 | 247,661 | 260,908 | |
22 |
39,780 | 42,108 | 44,436 | 46,764 | 49,092 | 51,420 | 53,748 | 56,076 | 58,404 | 60,732 | 63,060 | 194,142 | 204,078 | 214,014 | 223,949 | 233,885 | 232,771 | 225,356 | 231,567 | 237,779 | |
24 |
39,881 | 52,010 | 496 | 744 | 992 | - | 355 | 710 | 6,849 | 13,698 | 20,850 | 28,002 | 908 | 1,510 | 2,427 | 2,588 | 2,826 | 8,690 | 16,094 | 23,129 | |
28 |
349,754 | 318 | 318 | 1,318 | 1,818 | 78,653 | 112,394 | 127,146 | 141,119 | 154,818 | 318 | - | - | - | - | - | - | - | - | - | |
29/58 |
706,657 | 924,676 | 877,777 | 755,691 | 654,901 | 554,707 | 450,361 | 361,807 | 292,426 | 230,045 | 458,498 | 327,254 | 298,131 | 247,715 | 200,028 | 165,430 | 138,283 | 128,000 | 101,014 | 69,487 | |
40/41 |
79,352 | 74,062 | 85,755 | 123,197 | 118,789 | 122,187 | 104,979 | 109,546 | 51,329 | 50,548 | 98,499 | 116,887 | 96,126 | 78,080 | 67,839 | 63,646 | 54,902 | 47,021 | 45,229 | 25,617 | |
40 |
6,952 | 11,662 | 22,818 | 10,797 | 8,789 | 11,196 | 3,702 | 12,463 | 8,648 | 10,018 | 9,937 | 22,160 | 9,081 | 900 | 3,794 | 5,065 | 3,127 | 5,801 | 12,235 | 4,166 | |
41 |
72,400 | 62,400 | 62,937 | 112,400 | 110,000 | 110,991 | 101,277 | 97,083 | 42,681 | 40,530 | 88,562 | 94,727 | 87,045 | 77,180 | 64,045 | 58,581 | 51,775 | 41,220 | 32,994 | 21,451 | |
54/58 |
627,305 | 850,614 | 792,022 | 632,494 | 536,112 | 432,300 | 345,163 | 252,261 | 241,097 | 179,497 | 359,999 | 210,367 | 202,005 | 169,635 | 132,189 | 101,784 | 83,381 | 80,979 | 55,785 | 43,870 | |
490/1 |
- | - | - | - | - | 220 | 219 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.1m | 1.0m | 923,027 | 804,517 | 706,803 | 684,780 | 616,858 | 545,739 | 498,798 | 459,293 | 542,726 | 549,398 | 503,117 | 463,239 | 426,404 | 401,903 | 373,880 | 362,046 | 348,675 | 330,395 | |
10/15 |
830,106 | 750,858 | 693,979 | 607,597 | 533,011 | 582,629 | 527,833 | 463,903 | 414,526 | 386,935 | 378,858 | 241,115 | 218,266 | 201,722 | 179,980 | 159,344 | 151,194 | 128,197 | 122,532 | 117,353 | |
10/11 |
37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | |
10 |
- | - | - | 37,184 | 37,184 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | 37,184 | |
13 |
533,800 | 458,800 | 406,800 | 326,800 | 256,800 | 313,800 | 263,800 | 213,800 | 170,800 | 150,800 | 150,800 | 23,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | |
130/1 |
3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | 3,800 | |
1311 |
3,800 | 3,800 | 3,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
530,000 | 455,000 | 403,000 | 323,000 | 253,000 | 310,000 | 260,000 | 210,000 | 167,000 | 147,000 | 147,000 | 20,000 | - | - | - | - | - | - | - | - | |
14 |
259,122 | 254,874 | 249,995 | 243,613 | 239,027 | 231,645 | 226,849 | 212,919 | 206,542 | 198,951 | 190,874 | 180,131 | 177,282 | 160,738 | 138,996 | 118,360 | 110,210 | 87,213 | 81,548 | 76,369 | |
17/49 |
305,966 | 268,254 | 229,048 | 196,920 | 173,792 | 102,151 | 89,025 | 81,836 | 84,272 | 72,358 | 163,868 | 308,283 | 284,851 | 261,517 | 246,424 | 242,559 | 222,686 | 233,849 | 226,143 | 213,042 | |
17 |
- | - | - | - | - | - | - | - | 4,549 | 12,207 | 19,690 | 27,829 | 12,810 | 20,453 | 28,097 | 35,740 | 43,383 | 51,026 | 58,669 | 66,313 | |
170/4 |
- | - | - | - | - | - | - | - | 4,549 | 12,207 | 19,690 | 27,829 | 12,810 | 20,453 | 28,097 | 35,740 | 43,383 | 51,026 | 58,669 | 66,313 | |
42/48 |
305,966 | 268,254 | 229,048 | 196,920 | 173,792 | 102,151 | 89,025 | 81,836 | 79,723 | 60,151 | 144,178 | 275,454 | 267,041 | 236,064 | 212,327 | 206,819 | 179,303 | 182,823 | 167,474 | 145,229 | |
44 |
1,083 | 17 | 0 | 2,321 | 3,440 | - | 1,878 | 7,922 | 7,876 | 4,901 | 6,605 | 2,131 | 5,941 | 5,460 | 7,942 | 8,166 | 6,690 | 6,234 | 11,458 | 937 | |
440/4 |
1,083 | 17 | 0 | 2,321 | 3,440 | - | 1,878 | 7,922 | 7,876 | 4,901 | 6,605 | 2,131 | 5,941 | 5,460 | 7,942 | 8,166 | 6,690 | 6,234 | 11,458 | 937 | |
45 |
23,395 | 18,986 | 18,032 | 11,550 | 13,258 | 11,558 | 6,601 | 4,300 | 7,239 | 1,213 | 49,069 | 8,570 | 6,367 | 2,863 | 1,145 | 4,368 | 3,151 | 3,346 | 1,281 | 2,693 | |
450/3 |
23,395 | 18,986 | 18,032 | 11,550 | 13,258 | 11,558 | 6,601 | 4,300 | 7,239 | 1,213 | 49,069 | 8,570 | 6,367 | 2,863 | 1,145 | 1,853 | 1,831 | 1,673 | 1,281 | 2,693 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,515 | 1,320 | 1,673 | - | - | |
47/48 |
281,488 | 249,251 | 211,016 | 183,049 | 157,094 | 90,593 | 80,546 | 69,614 | 64,608 | 54,037 | 88,504 | 264,753 | 254,733 | 227,741 | 203,240 | 194,285 | 169,462 | 173,243 | 154,735 | 141,599 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 6,000 | - | - | - | - | 1,500 | |
| Income statement | |||||||||||||||||||||
70 |
282,067 | 237,685 | 230,295 | 189,278 | 190,260 | 183,045 | 171,772 | 164,963 | 162,259 | 161,657 | 359,263 | 140,593 | 138,231 | 124,333 | 121,717 | 115,246 | 117,967 | 95,841 | 95,554 | 99,157 | |
9900 |
200,976 | 159,904 | 147,782 | 117,096 | 118,443 | 106,154 | 91,526 | 81,057 | 56,442 | 61,277 | 276,951 | 69,602 | 56,548 | 58,085 | 55,649 | 71,289 | 83,131 | 54,621 | 52,661 | 63,865 | |
60/61 |
81,091 | 77,781 | 82,513 | 76,344 | 71,817 | 76,890 | 80,246 | 83,907 | 105,817 | 100,380 | 82,312 | 70,991 | 81,683 | 66,248 | 66,068 | 43,956 | 34,835 | 41,221 | 42,893 | 35,293 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 24,000 | 21,800 | 17,050 | 16,000 | 17,600 | |
630 |
15,927 | 15,120 | 2,576 | 2,576 | 2,576 | 2,683 | 2,683 | 9,532 | 9,177 | 9,480 | 9,480 | 17,087 | 10,538 | 10,852 | 10,997 | 11,116 | 19,190 | 14,194 | 14,235 | 14,459 | |
640/8 |
4,270 | 3,506 | 3,746 | 3,839 | 3,541 | 3,303 | 3,110 | 3,113 | 3,133 | 3,133 | 3,864 | 4,311 | 3,389 | 3,218 | 3,183 | 3,900 | 2,520 | 3,136 | 2,906 | 2,546 | |
9901 |
180,779 | 141,278 | 141,460 | 110,681 | 112,326 | 100,168 | 85,733 | 68,412 | 44,132 | 48,664 | 263,607 | 48,204 | 42,621 | 44,015 | 41,469 | 32,273 | 39,621 | 20,241 | 19,520 | 29,260 | |
75/76B |
21,700 | 25,014 | 6,186 | 3,400 | 3,926 | 4,753 | 6,073 | 5,708 | 5,569 | 4,488 | 7,127 | 7,421 | 5,712 | 6,191 | 6,696 | 4,644 | 3,443 | 3,652 | 2,290 | 1,530 | |
75 |
21,700 | 25,014 | 6,186 | 3,400 | 3,926 | 4,753 | 6,073 | 5,708 | 5,569 | 4,488 | 7,127 | 7,421 | 5,712 | 6,191 | 6,696 | 4,644 | 3,443 | 3,652 | 2,290 | 1,530 | |
65/66B |
18,810 | 19,411 | 8,087 | 6,943 | 5,383 | 3,478 | 5,501 | 5,045 | 4,440 | 5,971 | 7,306 | 19,186 | 17,257 | 15,894 | 14,901 | 14,300 | 14,493 | 13,784 | 13,004 | 14,682 | |
65 |
18,810 | 19,411 | 8,087 | 6,943 | 5,383 | 3,478 | 5,501 | 5,045 | 4,440 | 5,971 | 7,306 | 19,186 | 17,257 | 15,894 | 14,901 | 14,300 | 14,493 | 13,784 | 13,004 | 14,682 | |
9903 |
183,669 | 146,881 | 139,559 | 107,138 | 110,869 | 101,443 | 86,305 | 69,075 | 45,261 | 47,181 | 263,428 | 36,439 | 31,076 | 34,312 | 33,264 | 22,617 | 28,571 | 10,109 | 8,806 | 16,108 | |
67/77 |
54,421 | 47,002 | 32,377 | 31,752 | 33,487 | 25,847 | 21,575 | 19,698 | 17,670 | 39,104 | 75,685 | 8,590 | 9,532 | 7,570 | 6,628 | 14,467 | 5,574 | 4,444 | 3,627 | 8,609 | |
9904 |
129,248 | 99,879 | 107,182 | 75,386 | 77,382 | 75,596 | 64,730 | 49,377 | 27,591 | 8,077 | 187,743 | 27,849 | 21,544 | 26,742 | 26,636 | 8,150 | 22,997 | 5,665 | 5,179 | 7,499 | |
9905 |
129,248 | 99,879 | 107,182 | 75,386 | 77,382 | 75,596 | 64,730 | 49,377 | 27,591 | 8,077 | 187,743 | 27,849 | 21,544 | 26,742 | 26,636 | 8,150 | 22,997 | 5,665 | 5,179 | 7,499 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
384,122 | 349,874 | 350,795 | 314,413 | 309,027 | 302,445 | 277,649 | 255,919 | 226,542 | 198,951 | 367,874 | 205,131 | 182,282 | 165,738 | 144,996 | 118,360 | 110,210 | 87,213 | 81,548 | 76,369 | |
14P |
254,874 | 249,995 | 243,613 | 239,027 | 231,645 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
50,000 | 43,000 | 20,000 | - | 127,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
125,000 | 95,000 | 100,000 | 70,000 | 70,000 | 70,000 | 50,000 | 43,000 | 20,000 | - | 127,000 | 20,000 | - | - | - | - | - | - | - | - | |
6921 |
125,000 | 95,000 | 100,000 | 70,000 | 70,000 | 70,000 | 50,000 | 43,000 | 20,000 | - | 127,000 | 20,000 | - | - | - | - | - | - | - | - | |
694/7 |
50,000 | 43,000 | 20,800 | 800 | 127,000 | 20,800 | 800 | - | - | - | 50,000 | 5,000 | 5,000 | 5,000 | 6,000 | - | - | - | - | - | |
694 |
50,000 | 43,000 | 20,800 | 800 | 127,000 | 20,800 | 800 | - | - | - | 50,000 | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 6,000 | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | |
| 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 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-05-2026.
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 | abbreviated format | 04-05-2026 | 2026-00100330 | |
| 31-12-2024 | abbreviated format | 02-05-2025 | 2025-00085610 | |
| 31-12-2023 | abbreviated format | 04-05-2024 | 2024-00081834 | |
| 31-12-2022 | abbreviated format | 02-05-2023 | 2023-00074521 | |
| 31-12-2021 | abbreviated format | 11-05-2022 | 2022-20024528 | |
| 31-12-2020 | abbreviated format | 10-05-2021 | 2021-13900247 | |
| 31-12-2019 | abbreviated format | 09-05-2020 | 2020-11700358 | |
| 31-12-2018 | abbreviated format | 13-05-2019 | 2019-12800231 | |
| 31-12-2017 | abbreviated format | 01-06-2018 | 2018-14900262 | |
| 31-12-2016 | abbreviated format | 30-05-2017 | 2017-13400229 | |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-26000216 | |
| 31-12-2014 | abbreviated format | 29-05-2015 | 2015-13300596 | |
| 31-12-2013 | abbreviated format | 28-06-2014 | 2014-24700547 | |
| 31-12-2012 | abbreviated format | 05-06-2013 | 2013-14800511 | |
| 31-12-2011 | abbreviated format | 10-06-2012 | 2012-15700422 | |
| 31-12-2010 | abbreviated format | 07-06-2011 | 2011-14200578 | |
| 31-12-2009 | abbreviated format | 19-06-2010 | 2010-19100052 | |
| 31-12-2008 | abbreviated format | 14-05-2009 | 2009-15000132 | |
| 31-12-2007 | abbreviated format | 15-05-2008 | 2008-13700224 | |
| 31-12-2006 | abbreviated format | 29-05-2007 | 2007-16000123 | |
| 31-12-2005 | abbreviated format | 05-07-2006 | 2006-41400835 | |
| 31-12-2004 | abbreviated format | 13-06-2005 | 2005-24803705 | |
| 31-12-2003 | abbreviated format | 11-06-2004 | 2004-23604801 | |
| 31-12-2002 | abbreviated format | 24-06-2003 | 2003-29603591 | |
| 31-12-2001 | abbreviated format | 10-06-2002 | 2002-19103001 | |
| 31-12-2000 | abbreviated format | 30-05-2001 | 2001-15602417 | |
| 31-12-1999 | abbreviated format | 30-05-2000 | 2000-16600807 | |
| 31-12-1998 | abbreviated format | 17-05-1999 | 1999-10102928 | |
| 31-12-1997 | abbreviated format | 15-07-1998 | 1998-33102917 | |
| 31-12-1996 | abbreviated format | 29-05-1997 | 1997-10104120 |
Subsidies and aid
Flemish government 2022, 1 entry, €30 awarded, €30 paid
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 196,706 | 156,398 | 144,036 | 113,257 | 114,902 | 102,851 | 88,416 | 77,944 | 53,309 | 58,144 | 273,087 | 65,291 | 53,159 | 54,867 | 52,466 | 43,389 | 58,811 | 34,435 | 33,755 | 43,719 | ||
| 145,175 | 114,999 | 109,758 | 77,962 | 79,958 | 78,279 | 67,413 | 58,909 | 36,768 | 17,557 | 197,223 | 44,936 | 32,082 | 37,594 | 37,633 | 19,266 | 42,187 | 19,859 | 19,414 | 21,958 | ||
| 350,906 | 64,306 | -1,000 | -500 | 1,240 | -33,741 | -14,752 | 1,065 | -13,699 | 154,500 | 318 | 34,245 | 0 | 0 | 900 | 11,992 | 20,741 | 579 | 988 | 659 | ||
| -223,309 | 58,592 | 159,528 | 96,382 | 103,812 | 87,137 | 92,902 | 11,164 | 61,600 | -180,502 | 149,632 | 8,362 | 32,370 | 37,446 | 30,405 | 18,403 | 2,402 | 25,194 | 11,915 | - | ||
| 400,691 | 656,422 | 648,729 | 558,771 | 481,109 | 452,556 | 361,336 | 279,971 | 212,703 | 169,894 | 314,320 | 51,800 | 31,090 | 11,651 | -12,299 | -41,389 | -41,020 | -54,823 | -66,460 | -75,742 | ||
| 64.1% | 59.4% | 61.4% | 58.5% | 59.0% | 54.7% | 49.9% | 41.5% | 27.2% | 30.1% | 73.4% | 34.3% | 30.8% | 35.4% | 34.1% | 28.0% | 33.6% | 21.1% | 20.4% | 29.5% | ||
| 73.1% | 73.7% | 75.2% | 75.5% | 75.4% | 85.1% | 85.6% | 85.0% | 83.1% | 84.2% | 69.8% | 43.9% | 43.4% | 43.5% | 42.2% | 39.6% | 40.4% | 35.4% | 35.1% | 35.5% | ||
| 2.31 | 3.45 | 3.83 | 3.84 | 3.77 | 5.43 | 5.06 | 4.42 | 3.67 | 3.82 | 3.18 | 1.19 | 1.12 | 1.05 | 0.94 | 0.80 | 0.77 | 0.70 | 0.60 | 0.48 | ||
| 0.37 | 0.36 | 0.33 | 0.32 | 0.33 | 0.18 | 0.17 | 0.18 | 0.20 | 0.19 | 0.43 | 1.28 | 1.31 | 1.30 | 1.37 | 1.52 | 1.47 | 1.82 | 1.85 | 1.82 | ||
| 15.6% | 13.3% | 15.4% | 12.4% | 14.5% | 13.0% | 12.3% | 10.6% | 6.7% | 2.1% | 49.6% | 11.6% | 9.9% | 13.3% | 14.8% | 5.1% | 15.2% | 4.4% | 4.2% | 6.4% | ||
| 11.4% | 9.8% | 11.6% | 9.4% | 10.9% | 11.0% | 10.5% | 9.0% | 5.5% | 1.8% | 34.6% | 5.1% | 4.3% | 5.8% | 6.2% | 2.0% | 6.2% | 1.6% | 1.5% | 2.3% | ||
| 10.46 | 8.06 | 17.81 | 16.31 | 21.35 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 9 days | 18 days | 36 days | 21 days | 17 days | 22 days | 8 days | 28 days | 19 days | 23 days | 10 days | 58 days | 24 days | 3 days | 11 days | 16 days | 10 days | 22 days | 47 days | 15 days | ||
| 5 days | 0 days | 0 days | 11 days | 17 days | - | 9 days | 34 days | 27 days | 18 days | 29 days | 11 days | 27 days | 30 days | 44 days | 68 days | 70 days | 55 days | 98 days | 10 days |
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 | €1,470 | €64,306 | - | - | €1,240 |
| Financial fixed assets | €349,436 | - | - | - | - |
| €15,927 | €15,120 | €2,576 | €2,576 | €2,576 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SECREFISC
The operating result for 2025 is 28% higher than in 2024 and the highest since 2015. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 26.3% to 26.9%. Equity and debt are higher.