STAELENS PATRICK
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 3 filings
Turnover
€147,200▼ 26.8%
2023 · €201,039
EBIT margin
25.1%▲ 8.8pp
2023 · 16.2%
Net result
€80,002▲ 312%
2024 · €19,441
Working capital
€301,619▲ 212%
2024 · €96,628
Multi-year overview
2023 to 2025, 3 financial yearsTurnover
no figure
2025
20232025
Operating result
€119,316
▲ 224%
2025
20232025
Net result
€80,002
▲ 312%
2025
20232025
EBIT margin
no figure
2025
20232025
Equity
€301,619
▲ 36.1%
2025
20232025
Total assets
€347,015
▼ 8.6%
2025
20232025
Debt
€45,396
▼ 71.3%
2025
20232025
Working capital
€301,619
▲ 212%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Turnover€201,039-€147,200▼ 26.8%
Operating result€32,608-€36,874▲ 13.1%€119,316▲ 224%
Net result€16,171-€19,441▲ 20.2%€80,002▲ 312%
EBIT margin16.2%-25.1%▲ 8.8pp
Equity€202,176-€221,617▲ 9.6%€301,619▲ 36.1%
Total assets€384,650-€379,743▼ 1.3%€347,015▼ 8.6%
Debt€182,474-€158,126▼ 13.3%€45,396▼ 71.3%
Working capital€75,715-€96,628▲ 27.6%€301,619▲ 212%
The operating result for 2025 is over 3.2 times that of 2024 and the highest since 2023. It is the second rise in a row.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €347,015
Equity
€301,619 ▲ 36.1%
Debt
€45,396 ▼ 71.3%
Debt's share of the balance-sheet total falls from 41.6% to 13.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
7.64▲
2024 · 5.80
Debt to equity
0.15▼
2024 · 0.71
ROE
26.5%▲
2024 · 8.8%
ROA
23.1%▲
2024 · 5.1%
Debt ≤ 1 year
€45,396▲
2024 · €20,140
Income taxes
€31,812▲
2024 · €9,542
Staff costs
€590▲
2024 · €466
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €3,411 | €8,302 | - |
| Depreciation and write-downs of the year | €26,448 | €28,166 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €201,039 | €147,200 | - | - |
| Non-recurring operating income76A | - | - | €91,602 | - |
| Goods, raw materials, services and sundry goods60/61 | €152,824 | €94,744 | - | - |
| Remuneration, social security and pensions62 | €475 | €466 | €590 | ▲ 26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,448 | €28,166 | - | - |
| Other operating charges640/8 | €2,369 | €1,643 | €1,771 | ▲ 7.7% |
| Non-recurring operating charges66A | - | - | €6,805 | - |
| Gross operating margin9900 | €61,901 | €67,150 | €128,482 | ▲ 91.3% |
| Operating profit (loss)9901 | €32,608 | €36,874 | €119,316 | ▲ 224% |
| Financial income75/76B | €599 | €244 | €375 | ▲ 53.6% |
| Recurring financial income75 | €599 | €244 | €375 | ▲ 53.6% |
| Financial charges65/66B | €9,026 | €8,136 | €7,878 | ▼ 3.2% |
| Recurring financial charges65 | €9,026 | €8,136 | €7,878 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | €24,181 | €28,983 | €111,813 | ▲ 286% |
| Income taxes67/77 | €8,010 | €9,542 | €31,812 | ▲ 233% |
| Profit (loss) for the period9904 | €16,171 | €19,441 | €80,002 | ▲ 312% |
| Profit (loss) for the period to be appropriated9905 | €16,171 | €19,441 | €80,002 | ▲ 312% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €384,650 | €379,743 | €347,015 | ▼ 8.6% |
| Fixed assets21/28 | €282,839 | €262,975 | - | - |
| Intangible fixed assets21 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €282,679 | €262,815 | - | - |
| Land and buildings22 | €240,347 | €233,652 | - | - |
| Plant, machinery and equipment23 | €5,487 | €4,567 | - | - |
| Furniture and vehicles24 | €36,845 | €24,596 | - | - |
| Financial fixed assets28 | €160 | €160 | - | - |
| Current assets29/58 | €101,810 | €116,767 | €347,015 | ▲ 197% |
| Amounts receivable within one year40/41 | €36,458 | €63,211 | €69,607 | ▲ 10.1% |
| Trade receivables40 | €7,654 | €12,949 | - | - |
| Other amounts receivable41 | €28,804 | €50,262 | €69,607 | ▲ 38.5% |
| Cash at bank and in hand54/58 | €64,264 | €49,581 | €277,408 | ▲ 460% |
| Deferred charges and accrued income490/1 | €1,089 | €3,974 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €384,650 | €379,743 | €347,015 | ▼ 8.6% |
| Equity10/15 | €202,176 | €221,617 | €301,619 | ▲ 36.1% |
| Contributions10/11 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €1,860 | €21,301 | €21,301 | = |
| Distributable reserves133 | €1,860 | €21,301 | €21,301 | = |
| Profit (loss) carried forward14 | €187,816 | €187,816 | €267,817 | ▲ 42.6% |
| Amounts payable17/49 | €182,474 | €158,126 | €45,396 | ▼ 71.3% |
| Amounts payable after more than one year17 | €156,379 | €136,239 | - | - |
| Financial debts170/4 | €156,379 | €136,239 | - | - |
| Amounts payable within one year42/48 | €26,095 | €20,140 | €45,396 | ▲ 125% |
| Current portion of amounts payable after more than one year42 | €19,450 | €20,140 | - | - |
| Trade debts44 | €0 | €0 | €7,074 | - |
| Suppliers440/4 | €0 | €0 | €7,074 | - |
| Taxes, remuneration and social security45 | €6,645 | €0 | €38,323 | - |
| Taxes450/3 | €6,645 | €0 | €38,323 | - |
| Accrued charges and deferred income492/3 | - | €1,747 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,171 | €19,441 | €80,002 | ▲ 312% |
| + Depreciation and write-downs630 | €26,448 | €28,166 | - | - |
| Operating cash flow (approximation) | €42,619 | €47,607 | €80,002 | ▲ 68.0% |
| Investment in fixed assets (approximation) | - | -€8,302 | - | - |
| Change in cash | - | -€14,682 | €227,827 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.