SECTION 9 (0846.135.354): annual accounts, directors and company register

SECTION 9

Antwerp ·KBO/BCE: BE 0846.135.354

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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%

Company	Total assets	Gross margin	Solvency	Staff
SECTION 9 Antwerp	€79,568	€3,894	89.2%	-
Krinjada Mol	€96,664	€4,461	35.8%	-
SOURIS HOLDING Hoogstraten	€79,293	€2,860	85.1%	-
DIGIFARM Putte	€96,071	€2,943	31.3%	-
Eleander Huldenberg	€91,572	€4,392	22.8%	-
RAMACON Heusden-Zolder	€82,315	€4,872	50.0%	-
Turcom Machelen (Brab.)	€93,650	€4,912	18.4%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Balance sheet: assets
Total assets`20/58`	79,568	86,752	99,946	84,084	71,995	49,216	42,739	30,733	36,332	84,609	67,877	52,973	54,014
Fixed assets`21/28`	3,734	3,570	5,621	3,403	5,406	622	297	544	1,855	5,646	9,782	15,061	22,597
Tangible fixed assets`22/27`	3,524	3,360	5,411	3,193	5,196	412	87	544	1,855	5,646	9,782	15,061	22,597
Plant, machinery and equipment`23`	2,796	3,360	5,411	3,193	5,196	412	87	278	1,323	2,365	275	449	1,524
Furniture and vehicles`24`	728	-	-	-	-	-	-	-	-	2,484	8,444	14,612	21,073
Other tangible fixed assets`26`	-	-	-	-	-	-	-	266	532	797	1,063	-	-
Financial fixed assets`28`	210	210	210	210	210	210	210	-	-	-	-	-	-
Current assets`29/58`	75,834	83,182	94,325	80,681	66,589	48,594	42,442	30,189	34,477	78,963	58,095	37,912	31,417
Amounts receivable within one year`40/41`	64,812	52,312	12,290	10,890	22,095	29,052	36,300	18,157	18,157	28,136	16,113	9,680	3,388
Trade receivables`40`	60,500	48,400	12,290	10,890	22,083	29,040	36,300	18,150	18,150	-	15,972	9,680	3,388
Other amounts receivable`41`	4,312	3,912	-	-	12	12	-	7	7	28,136	141	-	-
Current investments`50/53`	-	-	-	-	-	0	952	952	952	952	952	-	-
Cash at bank and in hand`54/58`	9,222	29,205	80,198	68,904	43,808	18,724	5,190	10,387	14,701	49,488	39,620	26,652	27,315
Deferred charges and accrued income`490/1`	1,800	1,665	1,837	887	686	818	-	693	667	387	1,410	1,580	714
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	79,568	86,752	99,946	84,084	71,995	49,216	42,739	30,733	36,332	84,609	67,877	52,973	54,014
Equity`10/15`	70,978	74,479	75,552	67,620	60,550	36,890	27,379	22,302	31,613	64,119	39,753	18,330	13,335
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Contributions outside capital`11`	-	-	-	-	-	12,400	-	-	-	-	-	-	-
Other`1109/19`	-	-	-	-	-	12,400	-	-	-	-	-	-	-
Reserves`13`	63,152	63,152	63,152	55,220	51,719	51,719	51,719	51,719	51,719	51,719	27,353	5,930	627
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,458	627
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-
Distributable reserves`133`	63,152	63,152	63,152	53,360	49,859	49,859	49,859	49,859	49,859	49,859	25,493	4,472	-
Profit (loss) carried forward`14`	-4,574	-1,073	-	0	-3,569	-27,229	-36,740	-41,817	-32,506	-	0	0	308
Amounts payable`17/49`	8,590	12,273	24,394	16,464	11,445	12,326	15,360	8,431	4,719	20,490	28,124	34,643	40,679
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	4,383	11,836
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	4,383	11,836
Amounts payable within one year`42/48`	8,590	12,273	23,985	16,285	11,262	12,112	15,095	8,197	4,663	20,490	28,124	30,260	28,843
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	4,383	7,452	7,169
Trade debts`44`	3,165	5,382	2,691	1,850	641	2,658	4,257	944	1,834	3,892	5,058	4,566	5,450
Suppliers`440/4`	3,165	5,382	2,691	1,850	641	2,658	4,257	944	1,834	3,892	5,058	4,566	5,450
Taxes, remuneration and social security`45`	5,425	6,891	12,611	8,751	7,520	3,568	6,389	86	446	14,986	17,071	5,361	4,552
Taxes`450/3`	5,425	6,891	12,611	8,751	7,520	3,568	3,552	86	-	14,986	17,071	5,361	4,552
Remuneration and social security`454/9`	-	-	-	-	-	-	2,837	-	446	-	-	-	-
Other amounts payable`47/48`	-	-	8,683	5,684	3,101	5,886	4,449	7,167	2,383	1,612	1,612	12,881	11,672
Accrued charges and deferred income`492/3`	-	-	409	179	183	214	265	234	56	-	-	-	-
Income statement
Gross operating margin`9900`	3,894	6,692	7,839	14,107	28,392	11,067	7,053	-6,032	-26,947	49,786	45,323	30,338	32,041
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	2,810	3,038	3,129	2,003	757	144	457	1,571	4,105	7,477	7,021	7,536	11,932
Other operating charges`640/8`	879	650	1,443	927	1,103	999	1,189	1,207	1,338	1,763	1,957	1,747	3,183
Operating profit (loss)`9901`	205	3,004	3,267	11,177	26,532	9,924	5,407	-8,810	-32,390	40,546	36,345	21,055	16,926
Financial income`75/76B`	229	81	9,427	-	-	51	-	-	24	421	65	86	114
Recurring financial income`75`	229	81	2	-	-	51	-	-	24	421	65	86	114
Non-recurring financial income`76B`	-	-	9,425	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	3,935	3,898	1,514	246	254	464	330	501	140	161	360	729	1,728
Recurring financial charges`65`	3,935	3,898	1,514	246	254	464	330	501	140	161	360	729	1,728
Profit (loss) for the period before taxes`9903`	-3,501	-813	11,180	10,931	26,278	9,511	5,077	-9,311	-32,506	40,806	36,050	20,412	15,312
Income taxes`67/77`	-	260	3,248	3,861	2,618	-	-	-	-	14,828	13,015	3,806	2,765
Profit (loss) for the period`9904`	-3,501	-1,073	7,932	7,070	23,660	9,511	5,077	-9,311	-32,506	25,978	23,035	16,606	12,547
Profit (loss) for the period to be appropriated`9905`	-3,501	-1,073	7,932	7,070	23,660	9,511	5,077	-9,311	-32,506	25,978	23,035	16,606	12,547
Appropriation of the result
Profit (loss) to be appropriated`9906`	-4,574	-1,073	7,932	3,501	-3,569	-27,229	-36,740	-41,817	-32,506	25,978	23,035	16,914	12,547
Profit (loss) brought forward from the previous period`14P`	-1,073	-	0	-3,569	-27,229	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	7,932	3,501	-	-	-	-	-	24,366	21,423	5,302	627
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	402	830	627
To other reserves`6921`	-	-	7,932	3,501	-	-	-	-	-	24,366	21,021	4,472	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	1,612	1,612	11,612	11,612
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	1,612	1,612	1,612	1,612
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	10,000	10,000
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	29-07-2026	2026-00347906	PDF
31-12-2024	micro format	31-10-2025	2025-00557287	PDF
31-12-2023	micro format	29-08-2024	2024-00389020	PDF
31-12-2022	micro format	28-08-2023	2023-00359881	PDF
31-12-2021	micro format	31-08-2022	2022-20375113	PDF
31-12-2020	micro format	29-08-2021	2021-64700330	PDF
31-12-2019	micro format	30-10-2020	2020-66800285	PDF
31-12-2018	micro format	31-08-2019	2019-60300392	PDF
31-12-2017	micro format	29-09-2018	2018-68200064	PDF
31-12-2016	micro format	20-09-2017	2017-62400411	PDF
31-12-2015	abbreviated format	30-08-2016	2016-57800381	PDF
31-12-2014	abbreviated format	10-07-2015	2015-30000323	PDF
31-12-2013	abbreviated format	31-12-2014	2014-71200501	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
EBITDA	3,015	6,042	6,396	13,180	27,289	10,068	5,864	-7,239	-28,285	48,023	43,366	28,591	28,858
Cash flow	-691	1,965	11,061	9,073	24,417	9,655	5,534	-7,740	-28,401	33,455	30,056	24,142	24,479
Investment in fixed assets (approximation)	2,974	987	5,347	0	5,541	469	210	260	314	3,341	1,742	0	34,529
Change in cash	-19,983	-50,993	11,294	25,096	25,084	13,534	-5,197	-4,314	-34,787	9,868	12,968	-663	-
Working capital	67,244	70,909	70,340	64,396	55,327	36,482	27,347	21,992	29,814	58,473	29,971	7,652	2,574
Solvency	89.2%	85.9%	75.6%	80.4%	84.1%	75.0%	64.1%	72.6%	87.0%	75.8%	58.6%	34.6%	24.7%
Current ratio	8.83	6.78	3.93	4.95	5.91	4.01	2.81	3.68	7.39	3.85	2.07	1.25	1.09
Debt to equity	0.12	0.16	0.32	0.24	0.19	0.33	0.56	0.38	0.15	0.32	0.71	1.89	3.05
ROE	-4.9%	-1.4%	10.5%	10.5%	39.1%	25.8%	18.5%	-41.7%	-102.8%	40.5%	57.9%	90.6%	94.1%
ROA	-4.4%	-1.2%	7.9%	8.4%	32.9%	19.3%	11.9%	-30.3%	-89.5%	30.7%	33.9%	31.3%	23.2%
Interest coverage	0.77	1.55	4.22	53.58	over 100	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€2,974	€987	€5,347	-	€5,541
Depreciation and write-downs of the year	€2,810	€3,038	€3,129	€2,003	€757

Overview

Lifetime

Key points

Losses

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SECTION 9

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency89.2%

Current ratio8.83

Return on assets-4.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SECTION 9

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels