STUDIO 4
Annual accounts 2025
micro format, filed on 31-05-2026, 61 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €120,596 on 31-12-2025in euro
in euro
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 |
120,596 | 146,372 | 189,994 | 147,347 | 137,713 | 152,236 | 155,308 | 167,035 | 192,061 | 200,021 | 214,280 | 236,658 | 225,052 | 252,886 | 255,136 | 274,991 | 367,610 | 347,210 | 358,629 | 295,715 | |
21/28 |
16,197 | 18,897 | 21,597 | 51,976 | 63,444 | 74,298 | 96,922 | 106,196 | 120,023 | 135,305 | 149,202 | 160,664 | 154,066 | 177,620 | 192,770 | 207,826 | 201,805 | 204,603 | 219,578 | 169,607 | |
22/27 |
16,197 | 18,897 | 21,597 | 51,976 | 62,830 | 73,684 | 96,458 | 105,732 | 119,559 | 134,841 | 148,738 | 160,200 | 152,485 | 176,039 | 191,189 | 206,339 | 200,318 | 203,116 | 218,571 | 167,500 | |
22 |
16,197 | 18,897 | 21,597 | 43,647 | 46,922 | 50,196 | 54,590 | 58,984 | 63,378 | 67,773 | 72,167 | 74,672 | 80,956 | 143,213 | 152,133 | 161,054 | 169,974 | 178,895 | 187,815 | 126,711 | |
23 |
- | - | - | 8,329 | 15,908 | 23,488 | 41,868 | 46,748 | 51,628 | 57,269 | 62,912 | 67,316 | 71,529 | 29,190 | 31,784 | 34,377 | 11,233 | 15,089 | 17,058 | 21,212 | |
24 |
- | - | - | - | - | - | - | - | 4,553 | 9,799 | 13,659 | 18,212 | - | 3,636 | 7,272 | 10,908 | 19,111 | 9,132 | 13,698 | 19,577 | |
28 |
- | - | - | - | 614 | 614 | 464 | 464 | 464 | 464 | 464 | 464 | 1,581 | 1,581 | 1,581 | 1,487 | 1,487 | 1,487 | 1,007 | 2,107 | |
29/58 |
104,399 | 127,475 | 168,397 | 95,371 | 74,269 | 77,938 | 58,386 | 60,839 | 72,038 | 64,716 | 65,078 | 75,994 | 70,986 | 75,266 | 62,366 | 67,165 | 165,805 | 142,607 | 139,051 | 126,108 | |
3 |
- | - | 3,901 | 25,960 | 29,187 | 30,959 | 38,561 | 41,348 | 47,628 | 47,652 | 43,203 | 43,176 | 43,020 | 41,369 | 32,427 | 35,204 | 33,260 | 41,420 | 50,340 | 45,367 | |
30/36 |
- | - | 3,901 | 25,960 | 29,187 | 30,959 | 38,561 | 41,348 | 47,628 | 47,652 | 43,203 | 43,176 | 43,020 | 41,369 | 32,427 | 35,204 | 33,260 | 41,420 | 50,340 | 45,367 | |
40/41 |
40,648 | 21,180 | 7,442 | 2,489 | 2,574 | 1,790 | 11,317 | 14,878 | 19,442 | 15,265 | 19,675 | 30,743 | 11,362 | 29,624 | 25,556 | 28,669 | 128,392 | 96,132 | 79,620 | 73,268 | |
40 |
- | - | 5,788 | 2,138 | 2,223 | 1,384 | 5,034 | 8,595 | 6,159 | 8,982 | 13,392 | 17,458 | 5,079 | 20,221 | 19,273 | 22,016 | 17,402 | 10,240 | 7,738 | 8,908 | |
41 |
40,648 | 21,180 | 1,655 | 351 | 351 | 406 | 6,283 | 6,283 | 13,283 | 6,283 | 6,283 | 13,285 | 6,283 | 9,403 | 6,283 | 6,653 | 110,990 | 85,892 | 71,882 | 64,360 | |
50/53 |
- | - | - | 620 | 620 | 620 | 620 | 620 | 620 | 620 | - | - | - | - | - | - | - | - | - | - | |
54/58 |
63,374 | 105,926 | 154,776 | 66,302 | 41,888 | 44,569 | 7,687 | 3,798 | 4,348 | 1,179 | 2,200 | 1,034 | 16,604 | 4,273 | 4,383 | 3,292 | 4,153 | 5,055 | 9,091 | 7,473 | |
490/1 |
377 | 369 | 2,277 | - | - | - | 201 | 195 | - | - | - | 1,041 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
120,596 | 146,372 | 189,994 | 147,347 | 137,713 | 152,236 | 155,308 | 167,035 | 192,061 | 200,021 | 214,280 | 236,658 | 225,052 | 252,886 | 255,136 | 274,991 | 367,610 | 347,210 | 358,629 | 295,715 | |
10/15 |
120,513 | 145,013 | 168,586 | 121,633 | 121,514 | 122,958 | 111,537 | 109,546 | 109,397 | 109,669 | 95,806 | 87,234 | 87,723 | 46,698 | 51,605 | 30,102 | 118,444 | 126,227 | 107,565 | 85,825 | |
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 | 61,500 | 61,500 | 30,987 | 30,987 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 61,500 | 61,500 | 30,987 | 30,987 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
101,913 | 126,413 | 149,986 | 13,281 | 13,281 | 13,281 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 14,152 | 14,152 | 13,219 | 13,219 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 4,032 | 4,032 | 3,099 | 3,099 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
101,913 | 126,413 | 149,986 | 11,421 | 11,421 | 11,421 | - | - | - | - | - | - | - | - | - | - | 10,120 | 10,120 | 10,120 | 10,120 | |
14 |
- | - | - | 89,752 | 89,633 | 91,077 | 91,077 | 89,086 | 88,937 | 89,209 | 75,346 | 66,774 | 67,263 | 26,238 | 31,145 | 9,642 | 42,792 | 50,575 | 63,359 | 41,619 | |
17/49 |
84 | 1,359 | 21,408 | 25,714 | 16,199 | 29,278 | 43,771 | 57,489 | 82,664 | 90,352 | 118,474 | 149,424 | 137,329 | 206,188 | 203,531 | 244,889 | 249,166 | 220,983 | 251,064 | 209,890 | |
17 |
- | - | - | - | - | - | - | - | - | - | 8,288 | 38,596 | 53,354 | 77,748 | 90,269 | 103,466 | 119,997 | 123,955 | 135,956 | 98,603 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 8,288 | 38,596 | 53,354 | 77,748 | 90,269 | 103,466 | 119,997 | 123,955 | 135,956 | 98,603 | |
42/48 |
84 | 1,359 | 21,090 | 25,714 | 16,199 | 29,278 | 43,771 | 57,489 | 82,664 | 90,352 | 110,186 | 110,828 | 83,975 | 128,440 | 113,262 | 141,423 | 129,169 | 97,028 | 115,108 | 111,287 | |
42 |
- | - | - | - | - | - | - | - | - | 8,288 | 30,308 | 30,624 | 21,220 | 12,521 | 13,197 | 16,531 | 15,752 | 12,000 | 21,519 | 21,653 | |
43 |
- | - | - | - | - | - | - | 11,000 | 11,103 | 19,000 | 23,227 | 9,745 | 494 | 53,899 | 57,775 | 58,995 | 40,878 | 29,729 | 51,555 | 20,824 | |
430/8 |
- | - | - | - | - | - | - | 11,000 | 11,103 | 19,000 | 23,227 | 9,745 | 494 | 53,899 | 57,775 | 58,995 | 40,878 | 29,729 | 51,555 | 20,824 | |
44 |
84 | 306 | 16,826 | 22,276 | 10,899 | 21,261 | 17,631 | 12,106 | 34,104 | 30,746 | 30,744 | 36,060 | 26,441 | 48,228 | 24,873 | 34,237 | 55,551 | 38,653 | 38,199 | 65,305 | |
440/4 |
84 | 306 | 16,826 | 22,276 | 10,899 | 21,261 | 17,631 | 12,106 | 34,104 | 30,746 | 30,744 | 36,060 | 26,441 | 48,228 | 24,873 | 34,237 | 55,551 | 38,653 | 38,199 | 65,305 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | 56 | 56 | - | - | - | 5,000 | - | - | - | |
45 |
- | 1,053 | 3,736 | 2,764 | 3,651 | 6,369 | 1,565 | 2,727 | 8,368 | 8,668 | 2,673 | 22,406 | 23,826 | 1,014 | 5,188 | 5,107 | 10,888 | 15,546 | 3,835 | 3,505 | |
450/3 |
- | 1,053 | 3,736 | 2,764 | 3,651 | 6,369 | 1,565 | 2,727 | 8,368 | 8,668 | 2,673 | 22,406 | 23,826 | 1,014 | 5,188 | 5,107 | 10,888 | 15,546 | 3,835 | 3,505 | |
47/48 |
- | - | 528 | 674 | 1,649 | 1,648 | 24,575 | 31,656 | 29,089 | 23,650 | 23,234 | 11,937 | 11,938 | 12,778 | 12,229 | 26,553 | 1,100 | 1,100 | - | - | |
492/3 |
- | - | 318 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | 219,890 | 264,194 | 328,306 | 313,111 | 318,345 | 333,308 | 382,801 | 340,099 | 377,002 | 378,237 | 438,637 | 486,880 | 473,139 | 460,571 | 572,964 | 685,577 | 614,352 | |
76A |
- | - | - | 11,000 | - | - | - | - | 6,198 | - | 8,173 | 9,005 | 125,581 | 11,725 | 19,148 | 16,826 | 36,926 | 34,532 | 24,247 | 15,046 | |
9900 |
-20,438 | -18,172 | 75,986 | 13,859 | 12,424 | 47,600 | 14,954 | 17,292 | 18,965 | 37,601 | 19,647 | 12,826 | -21,625 | 12,073 | 36,442 | 31,582 | 1,789 | 23,543 | 27,319 | 17,341 | |
60/61 |
- | - | - | 217,031 | 251,770 | 280,706 | 298,157 | 301,053 | 320,541 | 345,200 | 320,451 | 364,176 | 399,862 | 426,564 | 450,438 | 441,557 | 458,782 | 549,421 | 658,258 | 597,011 | |
630 |
2,700 | 2,700 | 2,929 | 10,854 | 10,854 | 22,774 | 9,274 | 13,827 | 15,282 | 15,283 | 12,962 | 17,337 | 16,191 | 15,150 | 15,150 | 20,979 | 20,978 | 17,941 | 17,641 | 18,805 | |
640/8 |
3,197 | 3,301 | 3,660 | 3,712 | 3,422 | 4,076 | 3,422 | 3,715 | 3,395 | 3,210 | 5,559 | 3,337 | 4,960 | 4,081 | 4,283 | 5,031 | 4,225 | 3,897 | 3,951 | 4,130 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 258 | 734 | - | |
9901 |
-26,335 | -24,173 | 69,398 | -707 | -1,852 | 20,750 | 2,258 | -250 | 288 | 19,108 | 1,126 | -7,848 | -42,776 | -7,158 | 17,009 | 5,572 | -23,414 | 1,705 | 5,727 | -5,594 | |
75/76B |
2,163 | 932 | 1,499 | 2,563 | 3,264 | 6,071 | 2,197 | 3,180 | 2,401 | 3,813 | 5,330 | 4,209 | 4,229 | 4,579 | 2,318 | 1,631 | 4,453 | 7,268 | 9,752 | 7,443 | |
75 |
2,163 | 932 | 1,499 | 2,563 | 3,264 | 6,071 | 2,197 | 3,180 | 2,401 | 3,813 | 5,330 | 4,209 | 4,229 | 4,579 | 2,318 | 1,631 | 4,453 | 7,268 | 9,752 | 7,443 | |
65/66B |
328 | 332 | 1,456 | 1,737 | 2,856 | 13,059 | 1,862 | 2,587 | 2,961 | 2,515 | 6,057 | 5,855 | 11,778 | 14,053 | 13,489 | 14,504 | 13,760 | 14,579 | 12,171 | 10,560 | |
65 |
328 | 332 | 1,456 | 1,737 | 2,856 | 13,059 | 1,862 | 2,587 | 2,961 | 2,515 | 6,057 | 5,855 | 11,778 | 14,053 | 13,489 | 14,504 | 13,760 | 14,579 | 12,171 | 10,560 | |
9903 |
-24,500 | -23,573 | 69,441 | 119 | -1,444 | 13,762 | 2,593 | 343 | -272 | 20,406 | 8,572 | -489 | 75,256 | -4,907 | 24,986 | 9,525 | 4,205 | 28,668 | 26,821 | 6,335 | |
67/77 |
- | - | 22,368 | 0 | 0 | 2,341 | 602 | 194 | - | 6,543 | - | - | 34,231 | - | 3,483 | -34 | 11,988 | 10,006 | 5,081 | 5 | |
9904 |
-24,500 | -23,573 | 47,072 | 119 | -1,444 | 11,421 | 1,991 | 149 | -272 | 13,863 | 8,572 | -489 | 41,025 | -4,907 | 21,503 | 9,559 | -7,783 | 18,662 | 21,740 | 6,330 | |
9905 |
-24,500 | -23,573 | 47,072 | 119 | -1,444 | 11,421 | 1,991 | 149 | -272 | 13,863 | 8,572 | -489 | 41,025 | -4,907 | 21,503 | 9,559 | -7,783 | 18,662 | 21,740 | 6,330 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-24,500 | -23,573 | 136,705 | 89,752 | 89,633 | 102,498 | 91,077 | 89,086 | 88,937 | 89,209 | 75,346 | 66,774 | 67,263 | 26,238 | 31,145 | 52,351 | 42,792 | 82,021 | 63,359 | 41,619 | |
14P |
- | - | 89,633 | 89,633 | 91,077 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
24,500 | 23,573 | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,291 | - | - | - | - | |
691/2 |
- | - | 136,705 | - | - | 11,421 | - | - | - | - | - | - | - | - | - | - | - | 31,446 | - | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30,513 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 933 | - | - | |
6921 |
- | - | 136,705 | - | - | 11,421 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55,000 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-05-2026.
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 | 31-05-2026 | 2026-00127775 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00340441 | |
| 31-12-2023 | micro format | 07-10-2024 | 2024-00496991 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00162867 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20165905 | |
| 31-12-2020 | micro format | 11-08-2021 | 2021-48600335 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-45800429 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-58500368 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-48900357 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-45200143 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-51800598 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-57200436 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-51000168 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-52900315 | |
| 31-12-2011 | abbreviated format | 24-08-2012 | 2012-45900273 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-49600320 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-47100372 | |
| 31-12-2008 | abbreviated format | 28-09-2009 | 2009-77600031 | |
| 31-12-2007 | abbreviated format | 14-08-2008 | 2008-57100020 | |
| 31-12-2006 | abbreviated format | 27-08-2007 | 2007-61100159 | |
| 31-12-2005 | abbreviated format | 23-08-2006 | 2006-65803114 | |
| 31-12-2004 | abbreviated format | 29-07-2005 | 2005-60501911 | |
| 31-12-2003 | abbreviated format | 28-10-2004 | 2004-76004835 | |
| 31-12-2002 | abbreviated format | 12-12-2003 | 2003-83202674 | |
| 31-12-2001 | abbreviated format | 11-12-2002 | 2002-76102684 | |
| 31-12-2000 | abbreviated format | 30-11-2001 | 2001-72605142 | |
| 31-12-1999 | abbreviated format | 26-06-2000 | 2000-28200209 | |
| 31-12-1998 | abbreviated format | 10-09-1999 | 1999-45501366 | |
| 31-12-1997 | abbreviated format | 11-09-1998 | 1998-46304958 | |
| 31-12-1996 | abbreviated format | 03-03-1998 | 1998-03801267 | |
| 31-12-1995 | abbreviated format | 27-06-1996 | 1996-24503934 | |
| 31-12-1994 | abbreviated format | 14-02-1996 | 1996-02305135 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -23,635 | -21,473 | 72,326 | 10,147 | 9,002 | 43,524 | 11,532 | 13,577 | 15,570 | 34,391 | 14,088 | 9,489 | -26,585 | 7,992 | 32,159 | 26,551 | -2,436 | 19,646 | 23,368 | 13,211 | ||
| -21,800 | -20,873 | 50,001 | 10,973 | 9,410 | 34,195 | 11,265 | 13,976 | 15,010 | 29,146 | 21,534 | 16,848 | 57,216 | 10,243 | 36,653 | 30,538 | 13,195 | 36,603 | 39,381 | 25,135 | ||
| 0 | 0 | -27,450 | -614 | 0 | 150 | 0 | 0 | 0 | 1,386 | 1,500 | 25,052 | 64,543 | 0 | 94 | 27,000 | 18,181 | 2,966 | 70,025 | 24,627 | ||
| -42,552 | -48,850 | 88,474 | 24,414 | -2,681 | 36,882 | 3,889 | -550 | 3,169 | -1,021 | 1,166 | -15,570 | 12,331 | -110 | 1,091 | -861 | -902 | -4,036 | 1,618 | - | ||
| 104,315 | 126,116 | 147,307 | 69,657 | 58,070 | 48,660 | 14,615 | 3,350 | -10,626 | -25,636 | -45,108 | -34,834 | -12,989 | -53,174 | -50,896 | -74,258 | 36,636 | 45,579 | 23,943 | 14,821 | ||
| - | - | - | -0.3% | -0.7% | 6.3% | 0.7% | -0.1% | 0.1% | 5.0% | 0.3% | -2.1% | -11.3% | -1.6% | 3.5% | 1.2% | -5.1% | 0.3% | 0.8% | -0.9% | ||
| 99.9% | 99.1% | 88.7% | 82.5% | 88.2% | 80.8% | 71.8% | 65.6% | 57.0% | 54.8% | 44.7% | 36.9% | 39.0% | 18.5% | 20.2% | 10.9% | 32.2% | 36.4% | 30.0% | 29.0% | ||
| - | 93.81 | 7.98 | 3.71 | 4.58 | 2.66 | 1.33 | 1.06 | 0.87 | 0.72 | 0.59 | 0.69 | 0.85 | 0.59 | 0.55 | 0.47 | 1.28 | 1.47 | 1.21 | 1.13 | ||
| - | 93.81 | 7.80 | 2.70 | 2.78 | 1.60 | 0.45 | 0.34 | 0.30 | 0.19 | 0.20 | 0.30 | 0.33 | 0.26 | 0.26 | 0.23 | 1.03 | 1.04 | 0.77 | 0.73 | ||
| 0.00 | 0.01 | 0.13 | 0.21 | 0.13 | 0.24 | 0.39 | 0.52 | 0.76 | 0.82 | 1.24 | 1.71 | 1.57 | 4.42 | 3.94 | 8.14 | 2.10 | 1.75 | 2.33 | 2.45 | ||
| -20.3% | -16.3% | 27.9% | 0.1% | -1.2% | 9.3% | 1.8% | 0.1% | -0.2% | 12.6% | 8.9% | -0.6% | 46.8% | -10.5% | 41.7% | 31.8% | -6.6% | 14.8% | 20.2% | 7.4% | ||
| -20.3% | -16.1% | 24.8% | 0.1% | -1.0% | 7.5% | 1.3% | 0.1% | -0.1% | 6.9% | 4.0% | -0.2% | 18.2% | -1.9% | 8.4% | 3.5% | -2.1% | 5.4% | 6.1% | 2.1% | ||
| -72.04 | -64.62 | 49.67 | 5.84 | 3.15 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | 4 days | 3 days | 2 days | 6 days | 10 days | 7 days | 9 days | 14 days | 17 days | 5 days | 17 days | 14 days | 17 days | 14 days | 7 days | 4 days | 5 days | ||
| - | - | - | 37 days | 16 days | 28 days | 22 days | 15 days | 39 days | 33 days | 35 days | 36 days | 24 days | 41 days | 20 days | 28 days | 44 days | 26 days | 21 days | 40 days |
A ratio outside any meaningful range has been withheld (balance sheet total €120,596, equity €120,513).
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.
Insights on STUDIO 4
The operating result for 2025 is a loss of €26,335, larger than the loss of €24,173 in 2024. It is the lowest result since 2013.
Debt's share of the balance-sheet total falls from 0.9% to 0.1%. Equity and debt are lower.