STRUCTURIS
Dissolved and wound up on 27-02-2026Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 27-01-2026 at the NBB all 3 filings
Turnover
€5,500▲ 175%
2024 · €2,000
EBIT margin
-81.8%▲ 391.1pp
2024 · -472.9%
Net result
-€4,555▲ 52.1%
2024 · -€9,513
Working capital
-€12,985▼ 22.7%
2024 · -€10,580
Multi-year overview
2023 to 2025, 3 financial yearsTurnover
€5,500
▲ 175%
2025
20232025
Operating result
-€4,501
▲ 52.4%
2025
20232025
Net result
-€4,555
▲ 52.1%
2025
20232025
EBIT margin
-81.8%
▲ 391.1pp
2025
20232025
Equity
€117,665
▼ 3.7%
2025
20232025
Total assets
€148,606
▼ 8.2%
2025
20232025
Debt
€30,941
▼ 21.9%
2025
20232025
Working capital
-€12,985
▼ 22.7%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Turnover€2,000-€2,000=€5,500▲ 175%
Operating result-€9,373--€9,458▼ 0.9%-€4,501▲ 52.4%
Net result-€9,427--€9,513▼ 0.9%-€4,555▲ 52.1%
EBIT margin-468.7%--472.9%▼ 4.3pp-81.8%▲ 391.1pp
Equity€131,733-€122,220▼ 7.2%€117,665▼ 3.7%
Total assets€180,556-€161,828▼ 10.4%€148,606▼ 8.2%
Debt€48,823-€39,608▼ 18.9%€30,941▼ 21.9%
Working capital€2,049--€10,580-€12,985▼ 22.7%
The operating result for 2025 is a loss of €4,501, smaller than the loss of €9,458 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148,606
Fixed assets
€147,900 ▼ 4.9%
Current assets
€706 ▼ 88.8%
Equity and liabilities €148,606
Equity
€117,665 ▼ 3.7%
Debt
€30,941 ▼ 21.9%
Debt's share of the balance-sheet total falls from 24.5% to 20.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,149▲
2024 · -€1,808
Cash flow
€3,095▲
2024 · -€1,863
Current ratio
0.05▼
2024 · 0.37
Debt to equity
0.26▼
2024 · 0.32
ROE
-3.9%▲
2024 · -7.8%
ROA
-3.1%▲
2024 · -5.9%
Interest coverage
58.31▲
2024 · -32.87
Debt ≤ 1 year
€13,691▼
2024 · €16,858
Debt > 1 year
€17,250=
2024 · €17,250
Customer credit
29 days▼
2024 · 80 days
Supplier credit
6 days▼
2024 · 250 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €2,000 | €2,000 | €5,500 | ▲ 175% |
| Goods, raw materials, services and sundry goods60/61 | €2,729 | €2,755 | €1,286 | ▼ 53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,650 | €7,650 | €7,650 | = |
| Other operating charges640/8 | €994 | €1,033 | €1,065 | ▲ 3.1% |
| Gross operating margin9900 | -€729 | -€775 | €4,214 | - |
| Operating profit (loss)9901 | -€9,373 | -€9,458 | -€4,501 | ▲ 52.4% |
| Financial charges65/66B | €54 | €55 | €54 | ▼ 1.8% |
| Recurring financial charges65 | €54 | €55 | €54 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | -€9,427 | -€9,513 | -€4,555 | ▲ 52.1% |
| Profit (loss) for the period9904 | -€9,427 | -€9,513 | -€4,555 | ▲ 52.1% |
| Profit (loss) for the period to be appropriated9905 | -€9,427 | -€9,513 | -€4,555 | ▲ 52.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €180,556 | €161,828 | €148,606 | ▼ 8.2% |
| Fixed assets21/28 | €163,200 | €155,550 | €147,900 | ▼ 4.9% |
| Tangible fixed assets22/27 | €163,200 | €155,550 | €147,900 | ▼ 4.9% |
| Land and buildings22 | €163,200 | €155,550 | €147,900 | ▼ 4.9% |
| Current assets29/58 | €17,356 | €6,278 | €706 | ▼ 88.8% |
| Amounts receivable within one year40/41 | €461 | €439 | €439 | = |
| Other amounts receivable41 | €461 | €439 | €439 | = |
| Cash at bank and in hand54/58 | €16,895 | €5,839 | €267 | ▼ 95.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €180,556 | €161,828 | €148,606 | ▼ 8.2% |
| Equity10/15 | €131,733 | €122,220 | €117,665 | ▼ 3.7% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €109,733 | €100,220 | €95,665 | ▼ 4.5% |
| Amounts payable17/49 | €48,823 | €39,608 | €30,941 | ▼ 21.9% |
| Amounts payable after more than one year17 | €26,016 | €17,250 | €17,250 | = |
| Financial debts170/4 | €26,016 | €17,250 | €17,250 | = |
| Amounts payable within one year42/48 | €15,307 | €16,858 | €13,691 | ▼ 18.8% |
| Current portion of amounts payable after more than one year42 | €8,768 | €8,767 | €5,114 | ▼ 41.7% |
| Trade debts44 | - | €1,889 | €20 | ▼ 98.9% |
| Suppliers440/4 | - | €1,889 | €20 | ▼ 98.9% |
| Other amounts payable47/48 | €6,539 | €6,202 | €8,557 | ▲ 38.0% |
| Accrued charges and deferred income492/3 | €7,500 | €5,500 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,427 | -€9,513 | -€4,555 | ▲ 52.1% |
| + Depreciation and write-downs630 | €7,650 | €7,650 | €7,650 | = |
| Operating cash flow (approximation) | -€1,777 | -€1,863 | €3,095 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€11,056 | -€5,572 | ▲ 49.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.