STRAITS
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472934.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 15 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,898▲ 5.2%
2024 · -€2,002
Working capital
-€7,075▼ 36.6%
2024 · -€5,178
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€1,752
▲ 7.5%
2025
20182025
Net result
-€1,898
▲ 5.2%
2025
20182025
Equity
€913,725
▼ 0.2%
2025
20182025
Total assets
€921,173
=
2025
20182025
Debt
€7,448
▲ 42.7%
2025
20182025
Working capital
-€7,075
▼ 36.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€1,899--€1,751▲ 7.8%-€1,467▲ 16.2%-€1,909▼ 30.1%-€2,987▼ 56.5%-€2,219▲ 25.7%-€1,893▲ 14.7%-€1,752▲ 7.5%
Net result-€1,918--€1,773▲ 7.5%-€1,493▲ 15.8%-€1,934▼ 29.5%-€3,011▼ 55.7%-€2,282▲ 24.2%-€2,002▲ 12.3%-€1,898▲ 5.2%
Equity€928,118-€926,345▼ 0.2%€924,852▼ 0.2%€922,918▼ 0.2%€919,907▼ 0.3%€917,625▼ 0.2%€915,622▼ 0.2%€913,725▼ 0.2%
Total assets€928,118-€926,345▼ 0.2%€925,397▼ 0.1%€922,918▼ 0.3%€921,275▼ 0.2%€920,824=€920,843=€921,173=
Debt€545€0▼ 100%€1,368€3,199▲ 134%€5,220▲ 63.2%€7,448▲ 42.7%
Working capital€4,052€2,118▼ 47.7%-€893-€3,175▼ 256%-€5,178▼ 63.1%-€7,075▼ 36.6%
The operating result for 2025 is a loss of €1,752, smaller than the loss of €1,893 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €921,173
Fixed assets
€920,800 =
Current assets
€373 ▲ 776%
Equity and liabilities €921,173
Equity
€913,725 ▼ 0.2%
Debt
€7,448 ▲ 42.7%
Debt's share of the balance-sheet total rises from 0.6% to 0.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.05▲
2024 · 0.01
Debt to equity
0.01▲
2024 · 0.01
ROE
-0.2%▲
2024 · -0.2%
ROA
-0.2%▲
2024 · -0.2%
Debt ≤ 1 year
€7,448▲
2024 · €5,220
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €868 | €918 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€1,031 | -€883 | -€599 | -€1,041 | -€2,069 | -€1,258 | -€926 | -€753 | ▲ 18.6% |
| Operating profit (loss)9901 | -€1,899 | -€1,751 | -€1,467 | -€1,909 | -€2,987 | -€2,219 | -€1,893 | -€1,752 | ▲ 7.5% |
| Financial charges65/66B | - | - | - | €25 | €24 | €64 | €109 | €146 | ▲ 33.7% |
| Recurring financial charges65 | €18 | €22 | €26 | €25 | €24 | €64 | €109 | €146 | ▲ 33.7% |
| Profit (loss) for the period before taxes9903 | -€1,918 | -€1,773 | -€1,493 | -€1,934 | -€3,011 | -€2,282 | -€2,002 | -€1,898 | ▲ 5.2% |
| Profit (loss) for the period9904 | -€1,918 | -€1,773 | -€1,493 | -€1,934 | -€3,011 | -€2,282 | -€2,002 | -€1,898 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,918 | -€1,773 | -€1,493 | -€1,934 | -€3,011 | -€2,282 | -€2,002 | -€1,898 | ▲ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €928,118 | €926,345 | €925,397 | €922,918 | €921,275 | €920,824 | €920,843 | €921,173 | = |
| Fixed assets21/28 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | = |
| Financial fixed assets28 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | €920,800 | = |
| Current assets29/58 | €7,318 | €5,545 | €4,597 | €2,118 | €475 | €24 | €43 | €373 | ▲ 776% |
| Amounts receivable within one year40/41 | - | €360 | €360 | €0 | - | - | - | - | - |
| Trade receivables40 | - | - | - | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7,318 | €5,185 | €4,237 | €2,118 | €475 | €24 | €43 | €373 | ▲ 776% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €928,118 | €926,345 | €925,397 | €922,918 | €921,275 | €920,824 | €920,843 | €921,173 | = |
| Equity10/15 | €928,118 | €926,345 | €924,852 | €922,918 | €919,907 | €917,625 | €915,622 | €913,725 | ▼ 0.2% |
| Contributions10/11 | €940,800 | €940,800 | - | €940,800 | €940,800 | €940,800 | €940,800 | €940,800 | = |
| Profit (loss) carried forward14 | -€12,682 | -€14,455 | -€15,948 | -€17,882 | -€20,893 | -€23,175 | -€25,178 | -€27,075 | ▼ 7.5% |
| Amounts payable17/49 | - | - | €545 | €0 | €1,368 | €3,199 | €5,220 | €7,448 | ▲ 42.7% |
| Amounts payable within one year42/48 | - | - | €545 | €0 | €1,368 | €3,199 | €5,220 | €7,448 | ▲ 42.7% |
| Trade debts44 | - | - | €545 | €0 | €868 | €175 | €1,016 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €0 | €868 | €175 | €1,016 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | €500 | €3,024 | €4,204 | €7,448 | ▲ 77.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,918 | -€1,773 | -€1,493 | -€1,934 | -€3,011 | -€2,282 | -€2,002 | -€1,898 | ▲ 5.2% |
| Operating cash flow (approximation) | -€1,918 | -€1,773 | -€1,493 | -€1,934 | -€3,011 | -€2,282 | -€2,002 | -€1,898 | ▲ 5.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,133 | -€949 | -€2,118 | -€1,643 | -€451 | €19 | €330 | ▲ 18× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00472934 | |
| 31-12-2024 | full format | 12-08-2025 | 2025-00377843 | |
| 31-12-2023 | full format | 13-08-2024 | 2024-00345325 | |
| 31-12-2022 | full format | 28-08-2023 | 2023-00407749 | |
| 31-12-2021 | full format | 03-08-2022 | 2022-20269799 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-59300315 | |
| 31-12-2019 | micro format | 19-08-2020 | 2020-42900124 | |
| 31-12-2018 | micro format | 05-08-2019 | 2019-43900223 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45600533 | |
| 31-12-2016 | micro format | 07-08-2017 | 2017-41800480 |