SIX
InactiveFinancials · financial year 2025, abbreviated format
Turnover
≈ €240,000
Estimated: probably between €150,000 and €460,000
Total assets
€404,484▼ 26.5%
2025 · €549,995
Net result
€12,160▼ 89.7%
2025 · €117,656
Working capital
€218,159▼ 9.8%
2025 · €241,796
Trend over the years
2022 to 2025, 5 financial years 2019 to 2025, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€23,155
2025
Net result€12,160
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€404,484
2025
Equity€321,024
2025
Debt€83,459
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€218,159
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.9
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252025
Operating result-€54,788--€91,841▼ 67.6%-€14,147▲ 84.6%€42,391€30,654▼ 27.7%€36,852▲ 20.2%€157,114▲ 326%€23,155-
Net result-€59,093--€101,555▼ 71.9%-€18,810▲ 81.5%€34,520€22,538▼ 34.7%€130,866▲ 481%€117,656▼ 10.1%€12,160-
Equity€183,649-€82,094▼ 55.3%€63,283▼ 22.9%€97,804▲ 54.5%€120,342▲ 23.0%€251,208▲ 109%€308,864▲ 23.0%€321,024-
Total assets€725,065-€514,199▼ 29.1%€441,370▼ 14.2%€411,279▼ 6.8%€368,956▼ 10.3%€371,116▲ 0.6%€549,995▲ 48.2%€404,484-
Debt€541,417-€432,105▼ 20.2%€378,086▼ 12.5%€313,476▼ 17.1%€248,614▼ 20.7%€119,908▼ 51.8%€241,131▲ 101%€83,459-
Working capital€160,341-€47,985▼ 70.1%-€70,156-€20,702▲ 70.5%€22,065€214,773▲ 873%€241,796▲ 12.6%€218,159-
Staff (FTE)2.8-1.4▼ 50.0%1.2▼ 14.3%1.2=2▲ 66.7%2=1.9▼ 5.0%1.9-
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €404,484
Fixed assets
€102,896 ▲ 53.4%
Current assets
€301,588 ▼ 37.5%
Equity and liabilities €404,484
Equity
€321,024 ▲ 3.9%
Debt
€83,459 ▼ 65.4%
Debt's share of the balance-sheet total falls from 43.8% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,976▼
2025 · €176,645
Cash flow
€25,982▼
2025 · €137,187
Current ratio
3.61▲
2025 · 2.00
Quick ratio
2.62▲
2025 · 1.41
Debt to equity
0.26▼
2025 · 0.78
ROE
3.8%▼
2025 · 38.1%
ROA
3.0%▼
2025 · 21.4%
Interest coverage
5.23▼
2025 · 10.40
Debt ≤ 1 year
€83,429▼
2025 · €241,131
Income taxes
€4,263▼
2025 · €23,062
Staff costs
€35,893▼
2025 · €94,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €268 | - | €30 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €59,990 | €87,874 | €103,952 | €94,727 | €35,893 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,384 | €53,104 | €55,005 | €55,320 | €55,238 | €38,881 | €19,531 | €13,822 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €13,242 | - |
| Other operating charges640/8 | - | - | - | €5,340 | €607 | €549 | €655 | €145 | - |
| Non-recurring operating charges66A | - | - | - | €2,702 | - | €32,549 | - | - | - |
| Gross operating margin9900 | €124,050 | €67,319 | €182,026 | €165,744 | €174,372 | €212,783 | €272,027 | €86,257 | - |
| Operating profit (loss)9901 | -€54,788 | -€91,841 | -€14,147 | €42,391 | €30,654 | €36,852 | €157,114 | €23,155 | - |
| Financial income75/76B | - | - | - | - | €1,051 | €107,144 | €595 | €334 | - |
| Recurring financial income75 | - | €856 | €2,522 | - | €1,051 | €155 | €595 | €334 | - |
| Non-recurring financial income76B | - | - | - | - | - | €106,989 | - | - | - |
| Financial charges65/66B | - | - | - | €7,521 | €8,838 | €12,822 | €16,991 | €7,065 | - |
| Recurring financial charges65 | €5,653 | €8,727 | €7,088 | €7,521 | €8,838 | €12,822 | €16,991 | €7,065 | - |
| Profit (loss) for the period before taxes9903 | -€60,441 | -€99,712 | -€18,713 | €34,871 | €22,867 | €131,174 | €140,718 | €16,424 | - |
| Income taxes67/77 | -€1,349 | €1,843 | €98 | €350 | €329 | €308 | €23,062 | €4,263 | - |
| Profit (loss) for the period9904 | -€59,093 | -€101,555 | -€18,810 | €34,520 | €22,538 | €130,866 | €117,656 | €12,160 | - |
| Profit (loss) for the period to be appropriated9905 | -€59,093 | -€101,555 | -€18,810 | €34,520 | €22,538 | €130,866 | €117,656 | €12,160 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €725,065 | €514,199 | €441,370 | €411,279 | €368,956 | €371,116 | €549,995 | €404,484 | - |
| Fixed assets21/28 | €185,038 | €236,227 | €220,007 | €169,217 | €118,789 | €53,007 | €67,069 | €102,896 | - |
| Tangible fixed assets22/27 | €184,878 | €236,067 | €219,847 | €169,192 | €118,764 | €52,982 | €61,819 | €97,646 | - |
| Plant, machinery and equipment23 | - | - | - | €48,330 | €28,806 | €47,915 | €55,664 | €88,873 | - |
| Furniture and vehicles24 | - | - | - | €5,945 | €6,529 | €5,067 | €6,154 | €4,481 | - |
| Leasing and similar rights25 | - | - | - | €40,508 | €20,254 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €74,409 | €63,175 | - | - | €4,291 | - |
| Financial fixed assets28 | €160 | €160 | €160 | €25 | €25 | €25 | €5,250 | €5,250 | - |
| Current assets29/58 | €540,028 | €277,972 | €221,363 | €242,063 | €250,167 | €318,109 | €482,926 | €301,588 | - |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €62,473 | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €62,473 | - |
| Stocks and contracts in progress3 | €349,131 | €88,751 | €77,825 | €70,578 | €85,756 | €98,201 | €144,131 | €83,028 | - |
| Stocks30/36 | - | - | - | €70,578 | €85,756 | €98,201 | €144,131 | €83,028 | - |
| Amounts receivable within one year40/41 | €166,468 | €131,370 | €107,922 | €119,704 | €112,959 | €109,711 | €211,076 | €112,054 | - |
| Trade receivables40 | - | - | - | €113,372 | €103,850 | €105,990 | €191,699 | €68,553 | - |
| Other amounts receivable41 | - | - | - | €6,332 | €9,109 | €3,721 | €19,377 | €43,501 | - |
| Cash at bank and in hand54/58 | €22,144 | €57,143 | €34,004 | €50,398 | €49,461 | €106,505 | €125,540 | €39,588 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,383 | €1,991 | €3,692 | €2,180 | €4,446 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €725,065 | €514,199 | €441,370 | €411,279 | €368,956 | €371,116 | €549,995 | €404,484 | - |
| Equity10/15 | €183,649 | €82,094 | €63,283 | €97,804 | €120,342 | €251,208 | €308,864 | €321,024 | - |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Reserves13 | €180,741 | €180,741 | €180,741 | €180,741 | €180,741 | €189,208 | €246,864 | €259,024 | - |
| Non-distributable reserves130/1 | - | - | - | €11,962 | €11,962 | €11,962 | €11,962 | €11,962 | - |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | - |
| Reserves not available under the articles1311 | - | - | - | €5,762 | €5,762 | €5,762 | €5,762 | €5,762 | - |
| Tax-exempt reserves132 | - | - | - | €52,044 | €52,044 | €52,044 | €52,044 | €52,044 | - |
| Distributable reserves133 | - | - | - | €116,736 | €116,736 | €125,203 | €182,859 | €195,019 | - |
| Profit (loss) carried forward14 | -€59,093 | -€160,648 | -€179,458 | -€144,938 | -€122,399 | - | - | - | - |
| Amounts payable17/49 | €541,417 | €432,105 | €378,086 | €313,476 | €248,614 | €119,908 | €241,131 | €83,459 | - |
| Amounts payable after more than one year17 | €161,729 | €142,912 | €86,568 | €50,657 | €15,939 | - | - | - | - |
| Financial debts170/4 | - | - | - | €50,657 | €15,939 | - | - | - | - |
| Amounts payable within one year42/48 | €379,687 | €229,987 | €291,519 | €262,765 | €228,102 | €103,336 | €241,131 | €83,429 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €35,910 | €40,880 | €15,939 | - | - | - |
| Financial debts43 | - | - | - | €19 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €19 | - | - | - | - | - |
| Trade debts44 | €102,111 | €17,234 | €86,247 | €99,548 | €66,548 | €66,786 | €157,044 | €58,954 | - |
| Suppliers440/4 | - | - | - | €99,548 | €66,548 | €66,786 | €157,044 | €58,954 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,303 | €3,771 | €20,612 | €24,086 | €24,476 | - |
| Taxes450/3 | - | - | - | €620 | €1,003 | €11,097 | €15,348 | €20,594 | - |
| Remuneration and social security454/9 | - | - | - | €684 | €2,768 | €9,515 | €8,738 | €3,882 | - |
| Other amounts payable47/48 | - | - | - | €125,983 | €116,903 | - | €60,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €54 | €4,573 | €16,572 | - | €30 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€59,093 | -€101,555 | -€18,810 | €34,520 | €22,538 | €130,866 | €117,656 | €12,160 | - |
| + Depreciation and write-downs630 | €41,384 | €53,104 | €55,005 | €55,320 | €55,238 | €38,881 | €19,531 | €13,822 | - |
| Operating cash flow (approximation) | -€17,709 | -€48,451 | €36,194 | €89,841 | €77,776 | €169,747 | €137,187 | €25,982 | - |
| Investment in fixed assets (approximation) | - | -€104,294 | -€38,784 | -€4,530 | -€4,810 | €26,901 | -€33,593 | - | - |
| Change in cash | - | €34,999 | -€23,139 | €16,394 | -€937 | €57,044 | €19,035 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00101257 |
| 31-03-2025 | abbreviated format | 22-09-2025 | 2025-00499758 |
| 31-03-2024 | abbreviated format | 28-09-2024 | 2024-00486397 |
| 31-03-2023 | abbreviated format | 11-07-2023 | 2023-00224875 |
| 31-03-2022 | abbreviated format | 05-07-2022 | 2022-20157853 |
| 31-03-2021 | abbreviated format | 03-11-2021 | 2021-76400556 |
| 31-03-2020 | abbreviated format | 25-11-2020 | 2020-72000144 |
| 31-03-2019 | abbreviated format | 31-10-2019 | 2019-72600104 |
| 31-03-2018 | abbreviated format | 19-10-2018 | 2018-69700063 |
| 31-03-2017 | abbreviated format | 02-10-2017 | 2017-65900284 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.