SL Count
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 11-06-2026 PDF all 5 filings
Turnover
≈ €130,000
Estimated: probably between €100,000 and €180,000
Total assets
€238,127▲ 8.1%
2024 · €220,383
Net result
€43,169▼ 8.5%
2024 · €47,175
Working capital
€19,460▲ 5.4%
2024 · €18,465
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€63,083
▼ 6.6%
2025
20212025
Net result
€43,169
▼ 8.5%
2025
middle half of the sector
20212025
Equity
€180,634
▲ 29.8%
2025
middle half of the sector
20212025
Total assets
€238,127
▲ 8.1%
2025
middle half of the sector
20212025
Debt
€57,492
▼ 29.2%
2025
20212025
Working capital
€19,460
▲ 5.4%
2025
middle half of the sector
20212025
Solvency
75.9%
▲ 12.7pp
2025
highest quarter of the sector
20212025
Current ratio
1.41
▲ 0.02
2025
middle half of the sector
20212025
Return on assets (ROA)
18.1%
▼ 3.3pp
2025
highest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,788-€49,888▲ 28.6%€47,038▼ 5.7%€67,516▲ 43.5%€63,083▼ 6.6%
Net result€30,095within the sector's middle half-€34,759within the sector's middle half▲ 15.5%€32,686within the sector's middle half▼ 6.0%€47,175within the sector's middle half▲ 44.3%€43,169within the sector's middle half▼ 8.5%
Equity€29,495within the sector's middle half-€62,654below the sector's middle half▲ 112%€93,674within the sector's middle half▲ 49.5%€139,131within the sector's middle half▲ 48.5%€180,634within the sector's middle half▲ 29.8%
Total assets€45,627below the sector's middle half-€200,146below the sector's middle half▲ 339%€206,746below the sector's middle half▲ 3.3%€220,383below the sector's middle half▲ 6.6%€238,127within the sector's middle half▲ 8.1%
Debt€16,132-€137,493▲ 752%€113,072▼ 17.8%€81,251▼ 28.1%€57,492▼ 29.2%
Working capital€29,495within the sector's middle half--€7,579within the sector's middle half-€473within the sector's middle half▲ 93.8%€18,465within the sector's middle half€19,460within the sector's middle half▲ 5.4%
Solvency64.6%within the sector's middle half-31.3%within the sector's middle half▼ 33.3pp45.3%within the sector's middle half▲ 14.0pp63.1%within the sector's middle half▲ 17.8pp75.9%above the sector's middle half▲ 12.7pp
Current ratio2.83within the sector's middle half-0.86within the sector's middle half▼ 1.970.99within the sector's middle half▲ 0.131.40within the sector's middle half▲ 0.401.41within the sector's middle half▲ 0.02
Return on assets (ROA)66.0%above the sector's middle half-17.4%above the sector's middle half▼ 48.6pp15.8%above the sector's middle half▼ 1.6pp21.4%above the sector's middle half▲ 5.6pp18.1%above the sector's middle half▼ 3.3pp
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 7% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238,127
Fixed assets
€171,440 ▲ 10.5%
Current assets
€66,687 ▲ 2.3%
Equity and liabilities €238,127
Equity
€180,634 ▲ 29.8%
Debt
€57,492 ▼ 29.2%
Debt's share of the balance-sheet total falls from 36.9% to 24.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64,174▼
2024 · €67,801
Cash flow
€44,260▼
2024 · €47,459
Debt to equity
0.32▼
2024 · 0.58
ROE
23.9%▼
2024 · 33.9%
Interest coverage
26.58▼
2024 · 52.96
Debt ≤ 1 year
€47,226▲
2024 · €46,737
Debt > 1 year
€10,194▼
2024 · €34,514
Income taxes
€17,499▼
2024 · €19,070
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €106,259 | €82,545 | €58,630 | €34,514 |
| Pledge on other assets, amount secured | - | €120,000 | €120,000 | €120,000 | €120,000 |
| Carrying value of the other pledged assets | - | €152,777 | €152,777 | €152,777 | €167,652 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €2,688 | €2,475 |
| Financial fixed assets | - | €152,777 | - | - | €14,875 |
| Depreciation and write-downs of the year | - | - | - | €284 | €1,091 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €284 | €1,091 | ▲ 284% |
| Other operating charges640/8 | €676 | €429 | €481 | €967 | €817 | ▼ 15.5% |
| Gross operating margin9900 | €39,464 | €50,317 | €47,519 | €68,767 | €64,991 | ▼ 5.5% |
| Operating profit (loss)9901 | €38,788 | €49,888 | €47,038 | €67,516 | €63,083 | ▼ 6.6% |
| Financial income75/76B | - | €0 | €0 | €9 | €0 | ▼ 100% |
| Recurring financial income75 | - | €0 | €0 | €9 | €0 | ▼ 100% |
| Financial charges65/66B | €238 | €1,109 | €1,304 | €1,280 | €2,415 | ▲ 88.6% |
| Recurring financial charges65 | €238 | €1,109 | €1,304 | €1,280 | €2,415 | ▲ 88.6% |
| Profit (loss) for the period before taxes9903 | €38,550 | €48,779 | €45,734 | €66,245 | €60,668 | ▼ 8.4% |
| Income taxes67/77 | €8,455 | €14,021 | €13,048 | €19,070 | €17,499 | ▼ 8.2% |
| Profit (loss) for the period9904 | €30,095 | €34,759 | €32,686 | €47,175 | €43,169 | ▼ 8.5% |
| Profit (loss) for the period to be appropriated9905 | €30,095 | €34,759 | €32,686 | €47,175 | €43,169 | ▼ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,627 | €200,146 | €206,746 | €220,383 | €238,127 | ▲ 8.1% |
| Fixed assets21/28 | - | €152,777 | €152,777 | €155,181 | €171,440 | ▲ 10.5% |
| Tangible fixed assets22/27 | - | - | - | €2,403 | €3,787 | ▲ 57.6% |
| Plant, machinery and equipment23 | - | - | - | €2,403 | €3,787 | ▲ 57.6% |
| Financial fixed assets28 | - | €152,777 | €152,777 | €152,777 | €167,652 | ▲ 9.7% |
| Current assets29/58 | €45,627 | €47,369 | €53,969 | €65,202 | €66,687 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €20,252 | €20,890 | €22,100 | €24,159 | €32,910 | ▲ 36.2% |
| Trade receivables40 | €20,252 | €20,890 | €22,100 | €24,159 | €32,910 | ▲ 36.2% |
| Current investments50/53 | €25,018 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €25,727 | €31,533 | €40,700 | €33,421 | ▼ 17.9% |
| Deferred charges and accrued income490/1 | €357 | €752 | €336 | €343 | €356 | ▲ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,627 | €200,146 | €206,746 | €220,383 | €238,127 | ▲ 8.1% |
| Equity10/15 | €29,495 | €62,654 | €93,674 | €139,131 | €180,634 | ▲ 29.8% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €28,495 | €61,654 | €92,674 | €138,131 | €179,634 | ▲ 30.0% |
| Distributable reserves133 | €28,495 | €61,654 | €92,674 | €138,131 | €179,634 | ▲ 30.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €16,132 | €137,493 | €113,072 | €81,251 | €57,492 | ▼ 29.2% |
| Amounts payable after more than one year17 | - | €82,545 | €58,630 | €34,514 | €10,194 | ▼ 70.5% |
| Financial debts170/4 | - | €82,545 | €58,630 | €34,514 | €10,194 | ▼ 70.5% |
| Amounts payable within one year42/48 | €16,132 | €54,948 | €54,442 | €46,737 | €47,226 | ▲ 1.0% |
| Current portion of amounts payable after more than one year42 | - | €23,714 | €23,914 | €24,116 | €24,320 | ▲ 0.8% |
| Financial debts43 | - | - | €3,370 | €5,062 | €5,055 | ▼ 0.1% |
| Credit institutions430/8 | - | - | €3,370 | €5,062 | €5,055 | ▼ 0.1% |
| Trade debts44 | - | €1,560 | €244 | €2,136 | €390 | ▼ 81.7% |
| Suppliers440/4 | - | €1,560 | €244 | €2,136 | €390 | ▼ 81.7% |
| Taxes, remuneration and social security45 | €13,359 | €28,074 | €23,024 | €14,942 | €13,764 | ▼ 7.9% |
| Taxes450/3 | €13,359 | €28,074 | €23,024 | €14,942 | €13,764 | ▼ 7.9% |
| Other amounts payable47/48 | €2,773 | €1,600 | €3,890 | €480 | €3,697 | ▲ 671% |
| Accrued charges and deferred income492/3 | - | - | - | - | €72 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,095 | €34,759 | €32,686 | €47,175 | €43,169 | ▼ 8.5% |
| + Depreciation and write-downs630 | - | - | - | €284 | €1,091 | ▲ 284% |
| Operating cash flow (approximation) | €30,095 | €34,759 | €32,686 | €47,459 | €44,260 | ▼ 6.7% |
| Investment in fixed assets (approximation) | - | - | €0 | -€2,688 | -€17,350 | ▼ 546% |
| Change in cash | - | - | €5,806 | €9,167 | -€7,280 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-06-2026 | 2026-00152718 | |
| 31-12-2024 | abbreviated format | 21-07-2025 | 2025-00289990 | |
| 31-12-2023 | abbreviated format | 22-07-2024 | 2024-00267443 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00282058 | |
| 31-12-2021 | micro format | 10-07-2022 | 2022-20167106 |