Equity
Equity fell below zero in 2019.
Equity fell below zero in 2019.
Every financial year from 2022 to 2026 closed with a loss. 2025 was the heaviest.
Two of the last ten came late. The 2021 accounts came latest: 10 days after the end of the period.
Inactive since 16-10-2026. The last annual accounts are for financial year 2026. The company was dissolved and wound up in a single deed on 22-09-2026. No liquidator was appointed. The books and records are kept in Assenede.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
Total assets20/58 |
2,611 | 302,824 | 369,530 | 409,496 | 438,102 | 466,946 | 470,872 | 492,557 | 552,915 | 568,228 | 600,265 | 627,775 | 666,827 | 739,674 | 811,916 | 844,556 | 756,342 | 808,281 | 817,763 | 192,898 | |
Fixed assets21/28 |
- | 227,616 | 252,552 | 284,878 | 319,026 | 354,933 | 378,471 | 389,626 | 421,538 | 444,057 | 475,313 | 505,681 | 534,389 | 571,014 | 606,171 | 642,561 | 378,593 | 411,567 | 449,015 | 71,088 | |
Intangible fixed assets21 |
- | 15 | 265 | 515 | 765 | 1,015 | - | - | - | - | - | - | - | 1,667 | 4,167 | 6,667 | 9,167 | 11,667 | 14,167 | 16,667 | |
Tangible fixed assets22/27 |
- | 227,600 | 252,287 | 284,362 | 318,261 | 353,918 | 378,471 | 389,626 | 421,538 | 444,057 | 475,313 | 505,681 | 534,264 | 569,222 | 601,879 | 635,769 | 369,301 | 399,901 | 434,848 | 54,421 | |
Land and buildings22 |
- | 227,528 | 251,957 | 280,819 | 311,552 | 343,355 | 375,637 | 382,808 | 412,527 | 439,919 | 469,188 | 498,734 | 529,594 | 560,710 | 591,422 | 618,670 | 338,668 | 363,242 | 386,021 | - | |
Plant, machinery and equipment23 |
- | 72 | 330 | 588 | 0 | 101 | 202 | 303 | 404 | 826 | 1,860 | 1,930 | 2,643 | 4,033 | 3,416 | 4,580 | 5,745 | 3,589 | 4,800 | 1,893 | |
Furniture and vehicles24 |
- | - | 0 | 2,506 | 5,809 | 9,112 | 832 | 4,265 | 5,907 | 162 | 666 | 936 | 1,670 | 3,423 | 1,747 | 2,985 | 11,109 | 14,776 | 20,974 | 25,509 | |
Other tangible fixed assets26 |
- | - | 0 | 450 | 900 | 1,350 | 1,800 | 2,250 | 2,700 | 3,150 | 3,600 | 4,081 | 356 | 1,057 | 5,295 | 9,534 | 13,780 | 18,294 | 23,053 | 27,019 | |
Financial fixed assets28 |
- | - | - | - | - | - | - | - | - | - | - | - | 125 | 125 | 125 | 125 | 125 | - | - | - | |
Current assets29/58 |
2,611 | 75,209 | 116,978 | 124,618 | 119,075 | 112,013 | 92,402 | 102,931 | 131,377 | 124,171 | 124,952 | 122,094 | 132,438 | 168,660 | 205,745 | 201,995 | 377,748 | 396,713 | 368,748 | 121,810 | |
Stocks and contracts in progress3 |
- | 65,595 | 99,312 | 109,735 | 100,266 | 102,859 | 85,851 | 99,011 | 122,349 | 118,140 | 118,535 | 116,892 | 124,121 | 164,599 | 172,760 | 187,358 | 160,446 | 152,637 | 105,412 | 68,360 | |
Stocks30/36 |
- | 65,595 | 99,312 | 109,735 | 100,266 | 102,859 | 85,851 | 99,011 | 122,349 | 118,140 | 118,535 | 116,892 | 124,121 | 164,599 | 172,760 | 187,358 | 160,446 | 152,637 | 105,412 | 68,360 | |
Amounts receivable within one year40/41 |
1,641 | 0 | 10,198 | 217 | 0 | 271 | 351 | 81 | - | 358 | 137 | - | - | 256 | 18,179 | 5,369 | 1,687 | 1,617 | 6,401 | 191 | |
Trade receivables40 |
- | 0 | 10,198 | 217 | 0 | 271 | 351 | - | - | 358 | - | - | - | 256 | 3,494 | - | - | 168 | 45 | - | |
Other amounts receivable41 |
1,641 | - | - | - | - | - | - | 81 | - | - | 137 | - | - | - | 14,685 | 5,369 | 1,687 | 1,450 | 6,356 | 191 | |
Current investments50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30,422 | 30,383 | 20,000 | 30,646 | |
Cash at bank and in hand54/58 |
970 | 6,433 | 5,147 | 11,730 | 15,720 | 7,641 | 2,032 | 1,668 | 7,147 | 3,668 | 2,860 | 974 | 4,011 | 80 | 11,699 | 7,777 | 13,489 | 30,572 | 30,877 | 19,607 | |
Deferred charges and accrued income490/1 |
- | 3,181 | 2,321 | 2,936 | 3,090 | 1,241 | 4,168 | 2,172 | 1,881 | 2,005 | 3,421 | 4,228 | 4,306 | 3,725 | 3,106 | 1,491 | 171,705 | 181,504 | 206,059 | 3,006 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
Total equity and liabilities10/49 |
2,611 | 302,824 | 369,530 | 409,496 | 438,102 | 466,946 | 470,872 | 492,557 | 552,915 | 568,228 | 600,265 | 627,775 | 666,827 | 739,674 | 811,916 | 844,556 | 756,342 | 808,281 | 817,763 | 192,898 | |
Equity10/15 |
-59,921 | -61,656 | -41,484 | -35,781 | -23,356 | -23,309 | -30,912 | -13,387 | 4,043 | -7,907 | -31,477 | -39,111 | 11,049 | 47,245 | 104,936 | 142,448 | 152,036 | 132,547 | 99,241 | 93,926 | |
Contributions10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | |
Issued capital100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,200 | 6,200 | |
Contributions outside capital11 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Share premium1100/10 |
- | - | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Reserves13 |
620 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 28,645 | 86,336 | 123,848 | 133,436 | 113,947 | 86,841 | 81,526 | |
Non-distributable reserves130/1 |
620 | 620 | 620 | 620 | 620 | 620 | 620 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Legal reserve130 |
- | - | - | - | - | - | - | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | |
Reserves not available under the articles1311 |
620 | 620 | 620 | 620 | 620 | 620 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Other1319 |
- | - | - | - | - | - | 620 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Tax-exempt reserves132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,853 | 25,853 | 25,853 | 25,853 | 25,853 | 25,853 | |
Distributable reserves133 |
- | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 28,025 | 59,863 | 97,375 | 106,962 | 87,473 | 60,368 | 55,053 | |
Profit (loss) carried forward14 |
-79,141 | -108,902 | -88,729 | -83,026 | -70,602 | -70,555 | -78,157 | -60,632 | -43,202 | -55,152 | -78,722 | -86,356 | -36,196 | - | - | - | - | - | - | - | |
Amounts payable17/49 |
62,532 | 364,481 | 411,014 | 445,277 | 461,458 | 490,255 | 501,784 | 505,943 | 548,872 | 576,134 | 631,742 | 666,886 | 655,777 | 692,429 | 706,980 | 702,108 | 604,306 | 675,734 | 718,522 | 98,972 | |
Amounts payable after more than one year17 |
- | 198,519 | 236,869 | 268,351 | 349,223 | 396,993 | 380,956 | 396,018 | 419,680 | 444,266 | 483,516 | 469,186 | 508,015 | 545,135 | 580,597 | 614,476 | 516,863 | 559,778 | 614,698 | 31,647 | |
Financial debts170/4 |
- | 198,519 | 236,869 | 268,351 | 349,223 | 396,993 | 380,956 | 396,018 | 419,680 | 444,266 | 483,516 | 469,186 | 508,015 | 545,135 | 580,597 | 614,476 | 516,863 | 559,778 | 614,698 | 31,647 | |
Amounts payable within one year42/48 |
62,532 | 165,962 | 174,145 | 176,926 | 112,235 | 91,349 | 120,828 | 108,012 | 127,202 | 131,868 | 148,226 | 197,699 | 147,763 | 145,853 | 125,130 | 87,631 | 86,193 | 99,706 | 103,024 | 66,225 | |
Current portion of amounts payable after more than one year42 |
- | 41,667 | 47,332 | 81,784 | 57,185 | 33,585 | 30,988 | 39,942 | 29,813 | 38,349 | 40,670 | 38,828 | 37,120 | 35,463 | 33,879 | 32,336 | 42,915 | 54,920 | 54,920 | - | |
Financial debts43 |
- | 25,000 | 25,063 | 25,000 | 25,000 | 25,000 | 25,064 | 25,000 | 33,029 | 37,880 | 40,974 | 39,581 | 17,477 | - | - | - | 151 | - | - | 14,550 | |
Credit institutions430/8 |
- | 25,000 | 25,063 | 25,000 | 25,000 | 25,000 | 25,064 | 25,000 | 33,029 | 37,880 | 40,974 | - | - | - | - | - | - | - | - | 14,550 | |
Other loans439 |
- | - | - | - | - | - | - | - | - | - | - | 39,581 | 17,477 | - | - | - | 151 | - | - | - | |
Trade debts44 |
- | 33,955 | 63,201 | 50,792 | 13,365 | 18,520 | 49,658 | 40,347 | 59,474 | 46,294 | 47,213 | 54,920 | 30,515 | 48,921 | 44,580 | 33,881 | 20,902 | 18,187 | 20,099 | 9,840 | |
Suppliers440/4 |
- | 33,955 | 63,201 | 50,792 | 13,365 | 18,520 | 49,658 | 40,347 | 59,474 | 46,294 | 47,213 | 54,920 | 30,515 | 48,921 | 44,580 | 33,881 | 20,902 | 18,187 | 20,099 | 9,840 | |
Advances received on contracts in progress46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1,946 | - | |
Taxes, remuneration and social security45 |
344 | 21,009 | 11,113 | 8,984 | 5,553 | 1,987 | 2,681 | 2,025 | 4,860 | 4,535 | 7,173 | 7,706 | 16,347 | 20,050 | 26,671 | 21,415 | 22,225 | 26,599 | 7,155 | 21,253 | |
Taxes450/3 |
344 | 21,009 | 11,113 | 7,919 | 5,039 | 1,987 | 2,681 | 2,025 | 2,891 | 3,917 | 5,431 | 5,465 | 5,215 | 7,874 | 11,816 | 8,815 | 5,785 | 14,081 | 1,902 | 18,470 | |
Remuneration and social security454/9 |
- | - | 0 | 1,065 | 514 | - | - | - | 1,969 | 618 | 1,742 | 2,241 | 11,132 | 12,176 | 14,855 | 12,600 | 16,440 | 12,518 | 5,252 | 2,783 | |
Other amounts payable47/48 |
62,188 | 44,331 | 27,437 | 10,366 | 11,132 | 12,258 | 12,438 | 699 | 27 | 4,809 | 12,196 | 56,664 | 46,303 | 41,420 | 20,000 | - | - | 0 | 18,904 | 20,582 | |
Accrued charges and deferred income492/3 |
- | - | - | - | 0 | 1,913 | - | 1,913 | 1,990 | - | - | - | - | 1,441 | 1,253 | - | 1,250 | 16,250 | 800 | 1,100 | |
| Income statement | |||||||||||||||||||||
Turnover70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 649,927 | 695,700 | 674,864 | 534,119 | 525,972 | |
Non-recurring operating income76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 416 | 2,457 | 263 | - | - | - | - | |
Gross operating margin9900 |
-8,685 | 27,189 | 40,269 | 41,008 | 55,445 | 62,456 | 43,365 | 37,093 | 70,550 | 86,380 | 92,985 | 72,390 | 92,456 | 77,259 | 96,196 | 106,588 | 136,965 | 126,938 | 98,127 | 58,069 | |
Goods, raw materials, services and sundry goods60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 543,339 | 558,735 | 547,926 | 435,992 | 467,903 | |
Remuneration, social security and pensions62 |
- | - | - | - | - | - | - | - | - | - | 20,905 | 60,237 | 67,445 | 65,989 | 65,576 | 58,280 | 61,698 | 37,549 | 11,558 | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 27,166 | 32,326 | 34,922 | 35,907 | 34,167 | 34,209 | 33,703 | 33,706 | 31,257 | 31,816 | 33,661 | 36,625 | 41,469 | 41,170 | 41,502 | 39,649 | 40,925 | 44,793 | 21,805 | |
Other operating charges640/8 |
699 | 5,553 | 5,070 | 4,648 | 4,056 | 5,911 | 4,092 | 3,297 | 3,655 | 3,623 | 4,269 | 4,290 | 4,256 | 5,360 | 4,298 | 2,738 | 1,768 | 1,445 | 35,006 | 1,987 | |
Operating profit (loss)9901 |
-9,384 | -5,529 | 2,874 | 1,438 | 15,483 | 22,378 | 5,064 | 93 | 33,189 | 51,500 | 35,994 | -25,798 | -15,871 | -35,559 | -14,848 | 4,067 | 33,850 | 47,019 | 6,770 | 34,277 | |
Financial income75/76B |
- | 217 | 3 | 1 | 1 | 135 | 0 | 91 | 271 | 10 | 1,321 | 6,853 | 9,290 | 10,368 | 9,164 | 15,779 | 16,266 | 16,832 | 13,158 | 9,690 | |
Recurring financial income75 |
- | 217 | 3 | 1 | 1 | 135 | 0 | 91 | 271 | 10 | 1,321 | 6,853 | 9,290 | 10,368 | 9,164 | 15,779 | 16,266 | 16,832 | 13,158 | 9,690 | |
Financial charges65/66B |
39 | 14,500 | 8,303 | 13,601 | 15,287 | 14,683 | 14,925 | 17,376 | 21,219 | 27,867 | 29,556 | 31,043 | 29,318 | 32,014 | 33,387 | 29,696 | 23,179 | 25,162 | 12,794 | 5,839 | |
Recurring financial charges65 |
39 | 14,500 | 8,303 | 13,601 | 15,287 | 14,683 | 14,925 | 17,376 | 21,219 | 27,867 | 29,556 | 31,043 | 29,318 | 32,014 | 33,387 | 29,696 | 23,179 | 25,162 | 12,794 | 5,839 | |
Profit (loss) for the period before taxes9903 |
-9,423 | -19,812 | -5,426 | -12,162 | 197 | 7,830 | -9,861 | -17,191 | 12,241 | 23,643 | 7,759 | -49,988 | -35,899 | -56,789 | -36,614 | -9,588 | 26,936 | 38,689 | 7,134 | 38,128 | |
Income taxes67/77 |
- | 360 | 277 | 263 | 244 | 228 | 7,664 | 239 | 291 | 73 | 126 | 172 | 297 | 902 | 898 | - | 7,447 | 11,584 | 1,819 | 10,812 | |
Profit (loss) for the period9904 |
-9,423 | -20,172 | -5,703 | -12,424 | -47 | 7,602 | -17,525 | -17,430 | 11,950 | 23,570 | 7,634 | -50,160 | -36,196 | -57,691 | -37,512 | -9,588 | 19,489 | 27,106 | 5,314 | 27,316 | |
Transfer from tax-exempt reserves789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 25,853 | - | - | - | - | - | - | |
Profit (loss) for the period to be appropriated9905 |
-9,423 | -20,172 | -5,703 | -12,424 | -47 | 7,602 | -17,525 | -17,430 | 11,950 | 23,570 | 7,634 | -50,160 | -36,196 | -31,838 | -37,512 | -9,588 | 19,489 | 27,106 | 5,314 | 27,316 | |
| Appropriation of the result | |||||||||||||||||||||
Profit (loss) to be appropriated9906 |
-79,141 | -108,902 | -88,729 | -83,026 | -70,602 | -70,555 | -78,157 | -60,632 | -43,202 | -55,152 | -78,722 | -86,356 | -36,196 | -31,838 | -37,512 | -9,588 | 19,489 | 27,106 | 5,314 | 27,316 | |
Profit (loss) brought forward from the previous period14P |
-69,718 | -88,729 | -83,026 | -70,602 | -70,555 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Transfer from equity791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 31,838 | 37,512 | 9,588 | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,489 | 27,106 | 5,314 | 27,316 | |
To other reserves6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,489 | 27,106 | 5,314 | 27,316 | |
| Social balance sheet | |||||||||||||||||||||
Average staff (FTE)9087 |
- | - | - | - | - | - | - | - | - | - | 0.2 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.1 | 0.4 | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 276 | 2,343 | 2,693 | 2,624 | 2,730 | 2,579 | 2,644 | 1,720 | 719 | - | |
| Document | |||||||||||||||||||||
The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 21-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 15-07-2026 | micro format | 21-10-2026 | 2026-00567238 | |
| 31-03-2026 | micro format | 02-07-2026 | 2026-00251459 | |
| 31-03-2025 | micro format | 17-10-2025 | 2025-00547412 | |
| 31-03-2024 | micro format | 31-10-2024 | 2024-00526387 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00498997 | |
| 31-03-2022 | micro format | 30-10-2022 | 2022-20478179 | |
| 31-03-2021 | micro format | 10-11-2021 | 2021-77200229 | |
| 31-03-2020 | micro format | 04-11-2020 | 2020-68600018 | |
| 31-03-2019 | micro format | 22-10-2019 | 2019-71100373 | |
| 31-03-2018 | micro format | 24-10-2018 | 2018-70200179 | |
| 31-03-2017 | micro format | 27-10-2017 | 2017-68300509 | |
| 31-03-2016 | abbreviated format | 28-10-2016 | 2016-67200102 | |
| 31-03-2015 | abbreviated format | 26-10-2015 | 2015-66100146 | |
| 31-03-2014 | abbreviated format | 28-10-2014 | 2014-66400068 | |
| 31-03-2013 | abbreviated format | 25-10-2013 | 2013-63900535 | |
| 31-03-2012 | abbreviated format | 30-10-2012 | 2012-63100121 | |
| 31-03-2011 | abbreviated format | 30-11-2011 | 2011-62900582 | |
| 31-03-2010 | abbreviated format | 02-12-2010 | 2010-61900530 | |
| 31-03-2009 | abbreviated format | 30-11-2009 | 2009-87500139 | |
| 31-03-2008 | abbreviated format | 28-01-2009 | 2009-02200119 | |
| 31-03-2007 | abbreviated format | 24-10-2007 | 2007-77900255 | |
| 31-03-2006 | abbreviated format | 02-10-2006 | 2006-81402016 | |
| 31-03-2005 | abbreviated format | 25-10-2005 | 2005-83405280 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | - | 21,636 | 35,199 | 36,360 | 51,390 | 56,545 | 39,273 | 33,796 | 66,895 | 82,757 | 67,811 | 7,863 | 20,754 | 5,910 | 26,321 | 45,570 | 73,499 | 87,944 | 51,563 | 56,082 | |
| Cash flow | - | 6,994 | 26,623 | 22,497 | 35,860 | 41,769 | 16,684 | 16,273 | 45,657 | 54,827 | 39,450 | -16,499 | 429 | -16,222 | 3,658 | 31,915 | 59,139 | 68,031 | 50,108 | 49,121 | |
| Investment in fixed assets (approximation) | - | 2,230 | 0 | 773 | 0 | 15,999 | 23,054 | 1,791 | 11,188 | 0 | 1,449 | 5,078 | 0 | 6,312 | 4,780 | 313,010 | 6,675 | 3,478 | 422,720 | 8,831 | |
| Change in cash | -5,463 | 1,285 | -6,583 | -3,990 | 8,079 | 5,610 | 364 | -5,479 | 3,479 | 809 | 1,885 | -3,036 | 3,931 | -11,620 | 3,923 | -5,712 | -17,083 | -305 | 11,270 | - | |
| Working capital | -59,921 | -90,753 | -57,167 | -52,308 | 6,841 | 20,663 | -28,426 | -5,081 | 4,175 | -7,697 | -23,274 | -75,605 | -15,325 | 22,807 | 80,615 | 114,364 | 291,555 | 297,007 | 265,724 | 55,585 | |
| EBIT margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.6% | 4.9% | 7.0% | 1.3% | 6.5% | |
| Solvency | - | -20.4% | -11.2% | -8.7% | -5.3% | -5.0% | -6.6% | -2.7% | 0.7% | -1.4% | -5.2% | -6.2% | 1.7% | 6.4% | 12.9% | 16.9% | 20.1% | 16.4% | 12.1% | 48.7% | |
| Current ratio | - | 0.45 | 0.67 | 0.70 | 1.06 | 1.23 | 0.76 | 0.95 | 1.03 | 0.94 | 0.84 | 0.62 | 0.90 | 1.16 | 1.64 | 2.31 | 4.38 | 3.98 | 3.58 | 1.84 | |
| Quick ratio | - | 0.06 | 0.10 | 0.08 | 0.17 | 0.10 | 0.05 | 0.04 | 0.07 | 0.05 | 0.04 | 0.03 | 0.06 | 0.03 | 0.26 | 0.17 | 2.52 | 2.45 | 2.56 | 0.81 | |
| Debt to equity | - | - | - | - | - | - | - | - | - | - | - | - | 59.35 | 14.66 | 6.74 | 4.93 | 3.97 | 5.10 | 7.24 | 1.05 | |
| ROE | - | - | - | - | - | - | - | - | 295.6% | - | - | - | -327.6% | -122.1% | -35.7% | -6.7% | 12.8% | 20.4% | 5.4% | 29.1% | |
| ROA | - | -6.7% | -1.5% | -3.0% | 0.0% | 1.6% | -3.7% | -3.5% | 2.2% | 4.1% | 1.3% | -8.0% | -5.4% | -7.8% | -4.6% | -1.1% | 2.6% | 3.4% | 0.6% | 14.2% | |
| Interest coverage | - | 1.49 | 4.24 | 2.67 | 3.36 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Customer credit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3 days | 1 day | 0 days | 0 days | 0 days | |
| Supplier credit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23 days | 14 days | 12 days | 17 days | 8 days |
The ratios are withheld because a balance sheet total of €2,611 is too small for a meaningful ratio.
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.
| Item | 15-07-2026 | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,230 | - | €773 |
| Financial fixed assets | - | €0 | - | - | - |
| Depreciation and write-downs of the year | - | €87 | €27,166 | €32,326 | €34,922 |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is a loss of €9,384, larger than the loss of €5,529 in 2025. It is the lowest result since 2015.
Equity is negative. Debt (€62,532) exceeds the balance-sheet total (€2,611).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SOMETHING ELSE has not been in the KBO register since 16 October 2026.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43002E1133/00G002 | 315 m² | 1 · 82 m² | 8.3 m · 2 |
If something looks wrong or is missing, please tell us.