SOUTERLIED
Annual accounts 2025
micro format, filed on 12-06-2026, 49 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €62,000. Estimated: probably between €46,000 and €90,000.
Balance sheet
balance sheet total €142,007 on 31-12-2025in euro
in euro
Position in the sector
61.9%
Higher than 74% of 17,190 companies in 2025.
0.29
Higher than 22% of 16,487 companies in 2025.
8.5%
Higher than 73% of 16,866 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
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 |
142,007 | 144,292 | 158,658 | 162,699 | 173,544 | 183,750 | 194,243 | 195,279 | 210,745 | 212,684 | 217,297 | 228,525 | 222,066 | 235,263 | 253,386 | 262,115 | 291,385 | 331,286 | 380,474 | 472,320 | |
21/28 |
134,914 | 142,661 | 152,649 | 156,856 | 162,387 | 173,146 | 180,011 | 181,893 | 192,854 | 201,014 | 210,876 | 222,309 | 219,901 | 230,358 | 248,657 | 262,075 | 280,114 | 302,912 | 331,849 | 333,109 | |
22/27 |
134,914 | 142,661 | 152,649 | 156,856 | 162,387 | 173,146 | 180,011 | 181,893 | 192,854 | 201,014 | 210,876 | 222,309 | 219,901 | 230,358 | 248,657 | 262,075 | 280,114 | 302,912 | 331,849 | 333,109 | |
22 |
134,514 | 141,602 | 150,689 | 155,779 | 160,869 | 169,955 | 177,169 | 179,358 | 186,580 | 193,969 | 201,357 | 208,746 | 216,134 | 226,298 | 241,126 | 255,928 | 270,136 | 275,242 | 286,400 | 276,201 | |
23 |
- | - | - | - | - | 594 | 1,275 | 1,955 | 2,636 | 349 | 1,214 | 2,490 | 3,766 | 3,808 | 6,619 | 5,334 | 6,817 | 3,378 | 11,602 | 6,924 | |
24 |
400 | 1,058 | 1,961 | 1,078 | 1,518 | 2,597 | 1,567 | 580 | 3,638 | 6,696 | 8,304 | 11,073 | - | 253 | 912 | 813 | 3,161 | 24,292 | 33,847 | 49,984 | |
29/58 |
7,093 | 1,631 | 6,009 | 5,843 | 11,157 | 10,605 | 14,232 | 13,387 | 17,890 | 11,671 | 6,422 | 6,216 | 2,165 | 4,904 | 4,729 | 40 | 11,271 | 28,374 | 48,625 | 139,211 | |
40/41 |
1,214 | 1,504 | 316 | 0 | 1 | 26 | - | - | - | 1,105 | - | 265 | 811 | - | - | 40 | 2,212 | 1,800 | 1,545 | 89,045 | |
40 |
- | - | - | - | - | - | - | - | - | 1,105 | - | - | - | - | - | - | 1,791 | 1,789 | 768 | 7,457 | |
41 |
1,214 | 1,504 | 316 | 0 | 1 | 26 | - | - | - | - | - | 265 | 811 | - | - | 40 | 420 | 11 | 776 | 81,588 | |
54/58 |
5,879 | 127 | 525 | 841 | 6,416 | 5,969 | 9,033 | 8,288 | 12,733 | 4,917 | 6,422 | 5,951 | 1,354 | 4,542 | 4,729 | - | 7,203 | 26,575 | 46,687 | 50,166 | |
490/1 |
- | 0 | 5,168 | 5,001 | 4,740 | 4,610 | 5,199 | 5,099 | 5,158 | 5,649 | - | - | - | 362 | - | - | 1,856 | - | 393 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
142,007 | 144,292 | 158,658 | 162,699 | 173,544 | 183,750 | 194,243 | 195,279 | 210,745 | 212,684 | 217,297 | 228,525 | 222,066 | 235,263 | 253,386 | 262,115 | 291,385 | 331,286 | 380,474 | 472,320 | |
10/15 |
87,841 | 75,839 | 69,725 | 59,860 | 81,350 | 74,735 | 71,429 | 68,929 | 74,037 | 175,580 | 167,787 | 163,692 | 159,973 | 160,235 | 167,334 | 167,285 | 178,705 | 216,550 | 247,720 | 283,370 | |
10/11 |
38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 136,325 | 136,325 | 136,325 | 136,325 | 38,000 | 38,000 | 38,000 | 38,000 | 62,000 | 62,000 | 62,000 | |
100 |
- | - | - | - | - | - | 38,000 | 38,000 | 38,000 | 136,325 | 136,325 | 136,325 | 136,325 | 38,000 | 38,000 | 38,000 | 38,000 | 62,000 | 62,000 | 62,000 | |
13 |
49,841 | 37,839 | 31,725 | 21,860 | 43,350 | 36,735 | 34,050 | 34,050 | 36,037 | 38,675 | 31,285 | 17,235 | 13,535 | 122,235 | 129,334 | 129,285 | 140,705 | 154,550 | 170,082 | 170,082 | |
130/1 |
- | - | - | 3,800 | 3,800 | 3,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,800 | 3,800 | 3,800 | 7,640 | 7,250 | 7,000 | 6,750 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
1311 |
- | - | - | 3,800 | 3,800 | 3,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,882 | 13,882 | 13,882 | 13,882 | 13,882 | 13,882 | |
133 |
49,841 | 37,839 | 31,725 | 18,060 | 39,550 | 32,935 | 30,250 | 30,250 | 32,237 | 31,035 | 24,035 | 10,235 | 6,785 | 116,035 | 109,251 | 109,203 | 120,623 | 134,468 | 150,000 | 150,000 | |
14 |
- | - | - | - | - | - | -621 | -3,121 | - | 580 | 177 | 10,132 | 10,113 | - | - | - | - | - | 15,638 | 51,288 | |
17/49 |
54,165 | 68,453 | 88,933 | 102,839 | 92,194 | 109,015 | 122,814 | 126,350 | 136,708 | 37,105 | 49,511 | 64,832 | 62,093 | 75,027 | 86,052 | 94,831 | 112,680 | 114,736 | 132,754 | 188,950 | |
17 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 32,064 | 37,980 | 43,219 | 57,984 | 68,047 | 47,521 | 56,439 | 76,548 | 104,140 | 130,754 | |
170/4 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 32,064 | 37,980 | 43,219 | 57,984 | 68,047 | 47,521 | 56,439 | 76,548 | 104,140 | 130,754 | |
42/48 |
24,109 | 38,250 | 57,683 | 71,589 | 58,125 | 74,970 | 88,814 | 92,938 | 103,350 | 7,105 | 14,219 | 23,534 | 15,686 | 14,758 | 15,825 | 45,185 | 54,116 | 36,132 | 26,613 | 58,196 | |
42 |
- | - | - | - | - | - | - | - | - | 2,064 | 9,990 | 16,219 | 10,689 | 10,063 | 9,474 | 8,919 | 20,109 | 27,592 | 26,613 | 27,975 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 520 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 520 | - | - | - | - | |
44 |
1,409 | 926 | 702 | 576 | 195 | 193 | 82 | 20 | 564 | 257 | 436 | 85 | 145 | 168 | 2,697 | 2,776 | - | - | - | 16,680 | |
440/4 |
1,409 | 926 | 702 | 576 | 195 | 193 | 82 | 20 | 564 | 257 | 436 | 85 | 145 | 168 | 2,697 | 2,776 | - | - | - | 16,680 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,580 | - | - | - | |
45 |
4,476 | 2,153 | 2,368 | 2,074 | 1,260 | 1,090 | 494 | 730 | 566 | 1,355 | 951 | 1,551 | 401 | 1,080 | 964 | 277 | 399 | 626 | - | 13,541 | |
450/3 |
4,476 | 2,153 | 2,368 | 2,074 | 1,260 | 1,090 | 494 | 730 | 566 | 1,355 | 951 | 701 | 401 | 1,080 | 314 | 277 | 399 | 626 | - | 278 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 850 | - | - | 650 | - | - | - | - | 13,263 | |
47/48 |
18,223 | 35,171 | 54,612 | 68,938 | 56,670 | 73,687 | 88,237 | 92,187 | 102,220 | 3,429 | 2,842 | 5,679 | 4,451 | 3,447 | 2,690 | 32,694 | 31,029 | 7,914 | - | - | |
492/3 |
57 | 203 | 1,250 | 1,250 | 4,068 | 4,045 | 4,000 | 3,412 | 3,357 | - | 3,227 | 3,319 | 3,187 | 2,285 | 2,180 | 2,124 | 2,124 | 2,056 | 2,000 | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,857 | 1,470 | |
9900 |
38,025 | 32,923 | 29,679 | 24,765 | 26,970 | 21,737 | 20,262 | 14,293 | 16,244 | 27,974 | 26,682 | 26,731 | 30,669 | 22,633 | 30,596 | 22,849 | 32,898 | 15,411 | 6,236 | 182,624 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 130,492 | |
630 |
7,747 | 9,988 | 5,593 | 5,531 | 10,759 | 9,067 | 8,951 | 10,962 | 11,127 | 11,311 | 11,433 | 11,433 | 10,458 | 18,298 | 18,367 | 19,768 | 35,081 | 33,219 | 33,240 | 34,050 | |
640/8 |
10,377 | 10,205 | 8,368 | 7,920 | 7,254 | 7,642 | 6,985 | 6,635 | 6,441 | 6,151 | 6,417 | 8,011 | 5,944 | 6,821 | 7,008 | 8,542 | 4,712 | 6,460 | 4,735 | 4,903 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,941 | |
9901 |
19,902 | 12,729 | 15,718 | 11,315 | 8,957 | 5,027 | 4,326 | -3,304 | -1,324 | 10,513 | 8,833 | 7,287 | 14,268 | -2,486 | 5,221 | -5,461 | -6,896 | -24,269 | -31,738 | 13,179 | |
75/76B |
- | - | - | 1 | 0 | - | 0 | - | - | 7 | 10 | 1 | 3 | 9 | - | 40 | 90 | 105 | 115 | 4,649 | |
75 |
- | - | - | 1 | 0 | - | 0 | - | - | 7 | 10 | 1 | 3 | 9 | - | 40 | 90 | 105 | 115 | 4,649 | |
65/66B |
1,725 | 1,695 | 1,680 | 1,680 | 1,680 | 1,721 | 1,827 | 1,804 | 1,893 | 2,027 | 2,769 | 3,223 | 3,523 | 4,274 | 5,172 | 6,000 | 7,152 | 7,006 | 8,884 | 12,253 | |
65 |
1,725 | 1,695 | 1,680 | 1,680 | 1,680 | 1,721 | 1,827 | 1,804 | 1,893 | 2,027 | 2,769 | 3,223 | 3,523 | 4,274 | 5,172 | 6,000 | 7,152 | 7,006 | 8,884 | 12,253 | |
9903 |
18,177 | 11,034 | 14,038 | 9,635 | 7,277 | 3,306 | 2,500 | -5,108 | -3,218 | 8,493 | 6,074 | 4,065 | 10,748 | -6,751 | 49 | -11,420 | -13,958 | -31,170 | -35,650 | -3,896 | |
67/77 |
6,174 | 4,920 | 4,174 | 876 | 662 | - | - | - | - | 700 | 1,980 | 345 | 86 | 347 | - | - | - | - | -1 | -1 | |
9904 |
12,002 | 6,114 | 9,865 | 8,759 | 6,615 | 3,306 | 2,500 | -5,108 | -3,218 | 7,793 | 4,094 | 3,720 | 10,663 | -7,099 | 49 | -11,420 | -13,958 | -31,170 | -35,649 | -3,896 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 13,882 | - | - | - | - | - | - | |
9905 |
12,002 | 6,114 | 9,865 | 8,759 | 6,615 | 3,306 | 2,500 | -5,108 | -3,218 | 7,793 | 4,094 | 3,720 | 10,663 | 6,784 | 49 | -11,420 | -13,958 | -31,170 | -35,649 | -3,896 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
12,002 | 6,114 | 9,865 | 8,759 | 6,615 | 2,685 | -621 | -5,108 | -2,638 | 7,970 | 14,227 | 13,832 | 10,663 | 6,784 | 49 | -11,420 | -13,958 | -15,532 | 15,638 | 51,288 | |
791/2 |
- | - | - | 30,250 | - | - | - | 1,987 | 2,638 | - | - | - | 109,250 | - | - | 11,420 | 13,958 | 15,532 | - | - | |
691/2 |
12,002 | 6,114 | 9,865 | 8,759 | 6,615 | 2,685 | - | - | - | 7,390 | 14,050 | 3,700 | 550 | 6,784 | 49 | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 390 | 250 | 250 | 550 | - | - | - | - | - | - | - | |
6921 |
12,002 | 6,114 | 9,865 | 8,759 | 6,615 | 2,685 | - | - | - | 7,000 | 13,800 | 3,450 | - | 6,784 | 49 | - | - | - | - | - | |
694/7 |
- | - | - | 30,250 | - | - | - | - | - | - | - | - | 109,250 | - | - | - | - | - | - | - | |
694 |
- | - | - | 30,250 | - | - | - | - | - | - | - | - | 109,250 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.8 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,275 | |
| Document | |||||||||||||||||||||
The accounts for 23 older financial years (1983-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 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 2025 at the NBB, filed on 12-06-2026.
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 | micro format | 12-06-2026 | 2026-00182922 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00210906 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00215609 | |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00125233 | |
| 31-12-2021 | micro format | 16-07-2022 | 2022-20208837 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-51700253 | |
| 31-12-2019 | micro format | 05-06-2020 | 2020-14900212 | |
| 31-12-2018 | micro format | 02-07-2019 | 2019-28800333 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-28200365 | |
| 31-12-2016 | micro format | 06-06-2017 | 2017-14800514 | |
| 31-12-2015 | abbreviated format | 21-06-2016 | 2016-19700265 | |
| 31-12-2014 | abbreviated format | 04-06-2015 | 2015-14700600 | |
| 31-12-2013 | abbreviated format | 10-06-2014 | 2014-16200133 | |
| 31-12-2012 | abbreviated format | 24-07-2013 | 2013-34000313 | |
| 31-12-2011 | abbreviated format | 18-07-2012 | 2012-30700499 | |
| 31-12-2010 | abbreviated format | 23-06-2011 | 2011-19500180 | |
| 31-12-2009 | abbreviated format | 07-06-2010 | 2010-15500303 | |
| 31-12-2008 | abbreviated format | 30-06-2009 | 2009-33600266 | |
| 31-12-2007 | abbreviated format | 14-06-2008 | 2008-23400303 | |
| 31-12-2006 | abbreviated format | 02-07-2007 | 2007-34000366 | |
| 31-12-2005 | abbreviated format | 26-06-2006 | 2006-32301348 | |
| 31-12-2004 | abbreviated format | 20-06-2005 | 2005-29101865 | |
| 31-12-2003 | abbreviated format | 07-06-2004 | 2004-21004088 | |
| 31-12-2002 | abbreviated format | 11-06-2003 | 2003-22004117 | |
| 31-12-2001 | abbreviated format | 06-06-2002 | 2002-17504826 | |
| 31-12-2000 | abbreviated format | 13-06-2001 | 2001-20401567 | |
| 31-12-1999 | abbreviated format | 09-06-2000 | 2000-20003396 | |
| 31-12-1998 | abbreviated format | 28-06-1999 | 1999-24402369 | |
| 31-12-1997 | abbreviated format | 10-06-1998 | 1998-15302085 | |
| 31-12-1996 | abbreviated format | 26-06-1997 | 1997-21001021 | |
| 31-12-1995 | abbreviated format | 26-06-1996 | 1996-23003428 | |
| 31-12-1994 | abbreviated format | 30-06-1995 | 1995-32600503 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-22104408 | |
| 31-12-1992 | abbreviated format | 23-06-1993 | 1993-15704864 | |
| 31-12-1991 | abbreviated format | 29-06-1992 | 1992-16600225 | |
| 31-12-1990 | abbreviated format | 23-08-1991 | 1991-23005053 | |
| 31-12-1989 | abbreviated format | 14-09-1990 | 1990-23704812 | |
| 31-12-1988 | abbreviated format | 04-07-1989 | 1989-14301927 | |
| 31-12-1987 | abbreviated format | 30-06-1988 | 1988-12300184 | |
| 31-12-1986 | abbreviated format | 03-07-1987 | 1987-15501501 | |
| 31-12-1985 | abbreviated format | 03-07-1986 | 1986-24000581 | |
| 31-12-1984 | full format | 20-06-1985 | 1985-12900338 | |
| 31-12-1983 | unclassified schema | 08-10-1984 | 1984-13800356 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27,648 | 22,717 | 21,311 | 16,845 | 19,716 | 14,095 | 13,277 | 7,658 | 9,803 | 21,824 | 20,266 | 18,720 | 24,726 | 15,812 | 23,588 | 14,307 | 28,186 | 8,950 | 1,502 | 47,229 | ||
| 19,749 | 16,103 | 15,457 | 14,290 | 17,374 | 12,373 | 11,450 | 5,854 | 7,910 | 19,104 | 15,527 | 15,153 | 21,120 | 11,200 | 18,416 | 8,347 | 21,123 | 2,049 | -2,409 | 30,154 | ||
| 0 | 0 | 1,385 | 0 | 0 | 2,202 | 7,069 | 0 | 2,968 | 1,449 | 0 | 13,841 | 0 | 0 | 4,949 | 1,729 | 13,296 | 4,282 | 31,980 | 11,389 | ||
| 5,752 | -397 | -317 | -5,575 | 447 | -3,064 | 746 | -4,445 | 7,816 | -1,505 | 471 | 4,597 | -3,188 | -187 | - | - | -19,372 | -20,113 | -3,479 | - | ||
| -17,016 | -36,619 | -51,674 | -65,746 | -46,968 | -64,365 | -74,582 | -79,551 | -85,460 | 4,566 | -7,798 | -17,318 | -13,521 | -9,854 | -11,096 | -45,145 | -42,845 | -7,758 | 22,011 | 81,014 | ||
| 61.9% | 52.6% | 43.9% | 36.8% | 46.9% | 40.7% | 36.8% | 35.3% | 35.1% | 82.6% | 77.2% | 71.6% | 72.0% | 68.1% | 66.0% | 63.8% | 61.3% | 65.4% | 65.1% | 60.0% | ||
| 0.29 | 0.04 | 0.10 | 0.08 | 0.19 | 0.14 | 0.16 | 0.14 | 0.17 | 1.64 | 0.45 | 0.26 | 0.14 | 0.33 | 0.30 | 0.00 | 0.21 | 0.79 | 1.83 | 2.39 | ||
| 0.62 | 0.90 | 1.28 | 1.72 | 1.13 | 1.46 | 1.72 | 1.83 | 1.85 | 0.21 | 0.30 | 0.40 | 0.39 | 0.47 | 0.51 | 0.57 | 0.63 | 0.53 | 0.54 | 0.67 | ||
| 13.7% | 8.1% | 14.1% | 14.6% | 8.1% | 4.4% | 3.5% | -7.4% | -4.3% | 4.4% | 2.4% | 2.3% | 6.7% | -4.4% | 0.0% | -6.8% | -7.8% | -14.4% | -14.4% | -1.4% | ||
| 8.5% | 4.2% | 6.2% | 5.4% | 3.8% | 1.8% | 1.3% | -2.6% | -1.5% | 3.7% | 1.9% | 1.6% | 4.8% | -3.0% | 0.0% | -4.4% | -4.8% | -9.4% | -9.4% | -0.8% | ||
| 16.03 | 13.40 | 12.69 | 10.03 | 11.74 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | - | - | €1,385 | - | - |
| €7,747 | €9,988 | €5,593 | €5,531 | €10,759 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SOUTERLIED
The operating result for 2025 is 56% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 47.4% to 38.1%. Equity is higher and debt is lower.