SP
Annual accounts 2025
abbreviated format, filed on 30-09-2026, 61 days lateMoney flows
of every €100 of turnover, €3.86 was lost in 2025Balance sheet
balance sheet total €186,509 on 31-12-2025in euro
in euro
Position in the sector
14.3%
Higher than 21% of 2,418 companies in 2025.
1.31
Higher than 47% of 2,369 companies in 2025.
-5.3%
Higher than 13% of 2,377 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
186,509 | 157,573 | 144,230 | 128,781 | 168,432 | 315,499 | 386,125 | 406,786 | 205,863 | 224,101 | 138,210 | 47,052 | 72,782 | 119,162 | 136,255 | 46,648 | 16,534 | |
21/28 |
84,202 | 42,623 | 42,555 | 40,398 | 71,214 | 134,940 | 204,284 | 265,659 | 157,528 | 190,832 | 92,153 | 10,210 | 25,669 | 57,538 | 90,222 | 10,919 | 475 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 237 | 475 | |
22/27 |
50,077 | 8,498 | 8,430 | 6,273 | 37,089 | 100,815 | 170,159 | 241,534 | 133,403 | 171,707 | 73,028 | 1,160 | 16,619 | 48,488 | 81,172 | 1,632 | - | |
24 |
7,791 | 8,498 | 8,430 | 6,273 | 1,615 | 1,917 | 2,388 | 4,888 | 5,253 | 10,157 | 8,814 | 1,160 | - | 750 | 2,316 | 1,632 | - | |
25 |
42,286 | - | - | - | 35,474 | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
34,125 | 34,125 | 34,125 | 34,125 | 34,125 | 34,125 | 34,125 | 24,125 | 24,125 | 19,125 | 19,125 | 9,050 | 9,050 | 9,050 | 9,050 | 9,050 | - | |
29/58 |
102,306 | 114,950 | 101,674 | 88,382 | 97,218 | 180,559 | 181,841 | 141,127 | 48,335 | 33,269 | 46,057 | 36,842 | 47,113 | 61,624 | 46,033 | 35,729 | 16,059 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 12,450 | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 12,450 | - | - | - | - | - | |
40/41 |
94,574 | 104,216 | 89,307 | 73,330 | 91,945 | 172,741 | 174,097 | 127,121 | 40,788 | 20,888 | 33,273 | 22,549 | 38,003 | 59,522 | 46,033 | 34,462 | 10,658 | |
40 |
39,989 | 44,927 | 27,610 | - | 51,457 | 118,872 | 116,980 | 85,395 | 29,332 | 611 | 29,830 | 18,636 | 26,792 | 18,843 | 22,851 | 18,928 | - | |
41 |
54,585 | 59,290 | 61,697 | 73,330 | 40,488 | 53,869 | 57,117 | 41,726 | 11,456 | 20,277 | 3,443 | 3,913 | 11,211 | 40,679 | 23,182 | 15,534 | 10,658 | |
50/53 |
7,716 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
16 | 10,733 | 12,368 | 15,052 | 5,273 | 7,818 | 7,744 | 14,006 | 7,547 | 10,578 | 12,784 | 1,843 | 9,110 | 2,102 | - | 1,267 | 5,400 | |
490/1 |
- | - | - | - | - | - | - | - | - | 1,803 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
186,509 | 157,573 | 144,230 | 128,781 | 168,432 | 315,499 | 386,125 | 406,786 | 205,863 | 224,101 | 138,210 | 47,052 | 72,782 | 119,162 | 136,255 | 46,648 | 16,534 | |
10/15 |
26,719 | 36,587 | 30,701 | 14,110 | 9,520 | 46,313 | 43,032 | 35,413 | 10,140 | 14,191 | 9,532 | 2,039 | 4,858 | 15,330 | 17,602 | 15,676 | 16,492 | |
10/11 |
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 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
6,259 | 16,127 | 10,241 | -6,350 | -10,940 | 25,853 | 22,572 | 14,953 | -8,460 | -4,409 | -9,068 | -16,561 | -13,742 | -3,270 | -998 | -2,924 | -2,108 | |
17/49 |
159,790 | 120,986 | 113,528 | 114,670 | 158,912 | 269,186 | 343,093 | 371,373 | 195,723 | 209,910 | 128,678 | 45,013 | 67,924 | 103,832 | 118,653 | 30,972 | 42 | |
17 |
81,988 | 24,000 | 24,000 | 24,000 | 52,484 | 144,506 | 181,972 | 222,536 | 113,014 | 138,302 | 75,579 | 7,481 | 26,724 | 41,977 | 72,095 | 4,000 | - | |
170/4 |
57,988 | - | - | - | 28,484 | 120,506 | 157,972 | 208,536 | 99,014 | 129,302 | 66,579 | 3,481 | 22,724 | 37,977 | 68,095 | - | - | |
178/9 |
24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 14,000 | 14,000 | 9,000 | 9,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | - | |
42/48 |
77,802 | 96,986 | 89,528 | 90,670 | 106,428 | 124,680 | 161,121 | 148,837 | 82,709 | 71,608 | 53,099 | 37,532 | 41,200 | 61,855 | 46,558 | 26,972 | 42 | |
42 |
10,159 | 25,000 | 25,000 | 36,085 | 54,538 | 62,709 | 67,371 | 59,290 | 33,313 | 30,378 | 23,609 | 22,029 | 19,410 | 29,731 | 26,292 | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,444 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,444 | - | - | |
44 |
1,213 | 9,632 | 7,674 | 7,346 | 7,033 | 23,026 | 63,442 | 37,427 | 35,623 | 31,011 | 19,221 | 2,032 | 11,780 | 24,797 | 8,053 | 25,689 | - | |
440/4 |
1,213 | 9,632 | 7,674 | 7,346 | 7,033 | 23,026 | 63,442 | 37,427 | 35,623 | 31,011 | 19,221 | 2,032 | 11,780 | 24,797 | 8,053 | 25,689 | - | |
45 |
66,430 | 62,354 | 56,854 | 47,239 | 44,857 | 38,945 | 30,308 | 52,120 | 13,773 | 10,219 | 10,085 | 11,750 | 10,010 | 7,327 | 10,463 | 918 | 42 | |
450/3 |
58,497 | 57,151 | 52,595 | 46,127 | 24,001 | 8,937 | 17,977 | 39,418 | 10,685 | 9,921 | 10,085 | 11,750 | 9,970 | 5,217 | 9,512 | 918 | 42 | |
454/9 |
7,933 | 5,202 | 4,259 | 1,112 | 20,856 | 30,008 | 12,331 | 12,702 | 3,088 | 298 | - | - | 40 | 2,110 | 951 | - | - | |
47/48 |
- | - | - | - | - | - | - | - | - | - | 184 | 1,721 | - | - | 306 | 365 | - | |
| Income statement | ||||||||||||||||||
70 |
255,473 | 310,324 | 392,821 | 447,130 | 616,793 | 611,372 | 830,021 | 848,290 | 440,397 | 350,715 | 292,526 | 238,644 | 271,387 | 258,603 | 218,700 | 60,131 | - | |
76A |
- | - | - | - | - | - | - | 5,535 | 11 | 6,222 | 853 | 267 | - | - | - | - | - | |
9900 |
60,593 | 41,354 | 167,660 | 112,022 | 221,222 | 328,715 | 376,482 | 405,660 | 139,682 | 31,025 | 35,616 | 24,295 | 50,317 | 73,994 | 58,107 | 125 | 1,840 | |
60/61 |
194,880 | 268,970 | 225,161 | 335,108 | 395,570 | 282,658 | 453,538 | 442,631 | 300,715 | 319,691 | 256,910 | 214,360 | 221,070 | 184,609 | 160,592 | 60,006 | - | |
62 |
19,889 | 53,751 | 104,352 | 37,815 | 160,027 | 203,145 | 230,048 | 240,636 | 69,495 | 4,351 | 238 | 112 | 5,345 | 31,505 | 13,977 | - | - | |
630 |
13,301 | 4,925 | 4,025 | 41,227 | 64,750 | 70,997 | 71,375 | 71,340 | 40,328 | 12,344 | 20,751 | 17,199 | 31,869 | 32,685 | 32,922 | 430 | 475 | |
640/8 |
24,303 | 27,655 | 34,706 | 40,405 | 32,437 | 35,758 | 58,461 | 58,702 | 21,905 | 10,003 | 5,593 | 6,377 | 17,694 | 6,270 | 5,268 | - | 3,446 | |
66A |
2,727 | - | - | - | - | - | 952 | 993 | 10,811 | 5,890 | 584 | 762 | 592 | 447 | 159 | - | - | |
9901 |
373 | -44,977 | 24,577 | -7,425 | -35,991 | 18,815 | 16,598 | 34,982 | 7,954 | 4,327 | 9,034 | 607 | -4,591 | 3,534 | 5,940 | -305 | -2,081 | |
75/76B |
0 | 58,818 | 5,308 | 18,631 | 7,050 | 30 | 1,962 | 5,537 | 11 | 6,222 | 15 | 79 | 45 | 82 | 5 | - | - | |
75 |
0 | - | - | - | 7,044 | 30 | 1,962 | 2 | - | - | 15 | 79 | 45 | 82 | 5 | - | - | |
76B |
- | 58,818 | 5,308 | 18,631 | 6 | - | - | 5,535 | 11 | 6,222 | - | - | - | - | - | - | - | |
65/66B |
5,547 | 3,810 | 6,794 | 6,616 | 4,831 | 8,353 | 10,941 | 12,930 | 10,811 | 5,890 | 1,208 | 3,010 | 5,334 | 5,441 | 3,860 | 511 | 27 | |
65 |
5,547 | 3,809 | 6,625 | 3,697 | 3,928 | 7,892 | 9,989 | 11,937 | - | - | 1,208 | 3,010 | 5,334 | 5,441 | 3,860 | 511 | 27 | |
66B |
- | 1 | 169 | 2,918 | 902 | 461 | 952 | 993 | 10,811 | 5,890 | - | - | - | - | - | - | - | |
9903 |
-5,174 | 10,032 | 23,091 | 4,590 | -33,771 | 10,492 | 7,619 | 27,589 | -2,846 | 4,659 | 8,110 | -2,819 | -10,472 | -2,272 | 1,926 | -816 | -2,108 | |
67/77 |
4,695 | 4,146 | 6,500 | - | 3,022 | 7,211 | - | 2,316 | 1,205 | - | 617 | - | - | - | - | - | - | |
9904 |
-9,869 | 5,886 | 16,591 | 4,590 | -36,793 | 3,281 | 7,619 | 25,273 | -4,051 | 4,659 | 7,493 | -2,819 | -10,472 | -2,272 | 1,926 | -816 | -2,108 | |
9905 |
-9,869 | 5,886 | 16,591 | 4,590 | -36,793 | 3,281 | 7,619 | 25,273 | -4,051 | 4,659 | 7,493 | -2,819 | -10,472 | -2,272 | 1,926 | -816 | -2,108 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
6,259 | 16,127 | 10,241 | -6,350 | -10,940 | 25,853 | 22,572 | 16,813 | -8,460 | -4,409 | -9,068 | -16,561 | -13,742 | -3,270 | -998 | -2,924 | -2,108 | |
14P |
16,127 | 10,241 | -6,350 | -10,940 | 25,853 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 7 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 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536396.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00536396 | |
| 31-12-2024 | micro format | 27-10-2025 | 2025-00555394 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00275325 | |
| 31-12-2022 | micro format | 12-10-2023 | 2023-00484091 | |
| 31-12-2021 | micro format | 28-10-2022 | 2022-20479328 | |
| 31-12-2020 | micro format | 15-10-2021 | 2021-72000250 | |
| 31-12-2019 | full format | 12-11-2020 | 2020-70200295 | |
| 31-12-2018 | full format | 09-08-2019 | 2019-45100220 | |
| 31-12-2017 | full format | 02-10-2018 | 2018-68100215 | |
| 31-12-2016 | full format | 12-10-2017 | 2017-67200011 | |
| 31-12-2015 | full format | 16-02-2017 | 2017-04600017 | |
| 31-12-2014 | full format | 07-08-2015 | 2015-40900158 | |
| 31-12-2013 | full format | 29-09-2014 | 2014-63000130 | |
| 31-12-2012 | full format | 16-09-2013 | 2013-58700308 | |
| 31-12-2011 | full format | 18-07-2012 | 2012-31400561 | |
| 31-12-2010 | full format | 12-08-2011 | 2011-40300174 | |
| 31-12-2009 | full format | 16-06-2010 | 2010-19600376 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,674 | -40,052 | 28,603 | 33,802 | 28,759 | 89,812 | 87,973 | 106,322 | 48,282 | 16,671 | 29,785 | 17,806 | 27,278 | 36,219 | 38,862 | 125 | -1,606 | ||
| 3,433 | 10,811 | 20,616 | 45,817 | 27,957 | 74,278 | 78,994 | 96,613 | 36,277 | 17,003 | 28,244 | 14,380 | 21,397 | 30,413 | 34,848 | -386 | -1,633 | ||
| 41,579 | 68 | 2,157 | 10,412 | 1,024 | 1,653 | 10,000 | 179,471 | 7,024 | 111,023 | 102,694 | 1,740 | 0 | 1 | 112,462 | 11,498 | 950 | ||
| -10,717 | -1,634 | -2,684 | 9,780 | -2,545 | 74 | -6,262 | 6,459 | -3,031 | -2,206 | 10,941 | -7,267 | 7,008 | - | - | -4,133 | - | ||
| 24,504 | 17,964 | 12,146 | -2,288 | -9,210 | 55,879 | 20,720 | -7,710 | -34,374 | -38,339 | -7,042 | -690 | 5,913 | -231 | -525 | 8,757 | 16,017 | ||
| 0.1% | -14.5% | 6.3% | -1.7% | -5.8% | 3.1% | 2.0% | 4.1% | 1.8% | 1.2% | 3.1% | 0.3% | -1.7% | 1.4% | 2.7% | -0.5% | - | ||
| 14.3% | 23.2% | 21.3% | 11.0% | 5.7% | 14.7% | 11.1% | 8.7% | 4.9% | 6.3% | 6.9% | 4.3% | 6.7% | 12.9% | 12.9% | 33.6% | 99.7% | ||
| 1.31 | 1.19 | 1.14 | 0.97 | 0.91 | 1.45 | 1.13 | 0.95 | 0.58 | 0.46 | 0.87 | 0.98 | 1.14 | 1.00 | 0.99 | 1.32 | - | ||
| 1.31 | 1.19 | 1.14 | 0.97 | 0.91 | 1.45 | 1.13 | 0.95 | 0.58 | 0.46 | 0.87 | 0.65 | 1.14 | 1.00 | 0.99 | 1.32 | - | ||
| 5.98 | 3.31 | 3.70 | 8.13 | 16.69 | 5.81 | 7.97 | 10.49 | 19.30 | 14.79 | 13.50 | 22.08 | 13.98 | 6.77 | 6.74 | 1.98 | 0.00 | ||
| -36.9% | 16.1% | 54.0% | 32.5% | -386.5% | 7.1% | 17.7% | 71.4% | -40.0% | 32.8% | 78.6% | -138.3% | -215.6% | -14.8% | 10.9% | -5.2% | -12.8% | ||
| -5.3% | 3.7% | 11.5% | 3.6% | -21.8% | 1.0% | 2.0% | 6.2% | -2.0% | 2.1% | 5.4% | -6.0% | -14.4% | -1.9% | 1.4% | -1.7% | -12.8% | ||
| 2.47 | -10.51 | 4.32 | 9.14 | 7.32 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 57 days | 53 days | 26 days | 60 days | 30 days | 71 days | 51 days | 37 days | 24 days | 1 day | 37 days | 29 days | 36 days | 27 days | 38 days | 115 days | - | ||
| 2 days | 13 days | 12 days | 8 days | 6 days | 30 days | 51 days | 31 days | 43 days | 35 days | 27 days | 3 days | 19 days | 49 days | 18 days | 156 days | - |
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 | €41,579 | €68 | €2,157 | - | - |
| €13,301 | €4,925 | €4,025 | €41,227 | €64,750 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SP
The operating result for 2025 is a profit of €373, after a loss of €44,977 in 2024.
Debt's share of the balance-sheet total rises from 76.8% to 85.7%. Equity is lower and debt is higher.