STYLE COUNSEL
InactiveFinancials · financial year 2025, micro format
Equity
-€52,608▼ 2.4%
2024 · -€51,390
Total assets
€5,330▼ 1.1%
2021 · €5,391
Net result
-€1,217▼ 423%
2024 · -€233
Working capital
-€50,665▼ 1.6%
2021 · -€49,851
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,217 in 2025 against €233 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€1,217
2025
Net result-€1,217
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5,330
2022
Equity-€52,608
2025
Debt€52,608
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€50,665
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€3,083--€3,122▼ 1.3%-€3,115▲ 0.2%-€1,449▲ 53.5%-€808▲ 44.2%-€493▲ 38.9%-€233▲ 52.8%-€1,217▼ 423%
Net result-€5,190--€5,590▼ 7.7%-€3,160▲ 43.5%-€1,449▲ 54.2%-€555▲ 61.7%-€4,212▼ 658%-€233▲ 94.5%-€1,217▼ 423%
Equity-€36,191--€41,781▼ 15.4%-€44,941▼ 7.6%-€46,390▼ 3.2%-€46,945▼ 1.2%-€51,158▼ 9.0%-€51,390▼ 0.5%-€52,608▼ 2.4%
Total assets€6,983-€3,757▼ 46.2%€5,391▲ 43.5%€5,391=€5,330▼ 1.1%
Debt€43,174-€45,538▲ 5.5%€50,333▲ 10.5%€51,781▲ 2.9%€52,275▲ 1.0%€51,158▼ 2.1%€51,390▲ 0.5%€52,608▲ 2.4%
Working capital-€39,720--€45,242▼ 13.9%-€48,402▼ 7.0%-€49,851▼ 3.0%-€50,665▼ 1.6%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€52,608▲
2024 · €51,390
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,500 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | €449 | €449 | €450 | €493 | €505 | €1,172 | ▲ 132% |
| Gross operating margin9900 | -€1,583 | -€3,122 | -€2,667 | -€1,000 | -€359 | - | €272 | -€45 | - |
| Operating profit (loss)9901 | -€3,083 | -€3,122 | -€3,115 | -€1,449 | -€808 | -€493 | -€233 | -€1,217 | ▼ 423% |
| Financial income75/76B | - | - | - | - | €253 | - | - | - | - |
| Recurring financial income75 | - | - | - | - | €253 | - | - | - | - |
| Financial charges65/66B | - | - | €45 | - | - | €3,719 | €0 | - | - |
| Recurring financial charges65 | €2,107 | €2,468 | €45 | - | - | €3,719 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,190 | -€5,590 | -€3,160 | -€1,449 | -€555 | -€4,212 | -€233 | -€1,217 | ▼ 423% |
| Profit (loss) for the period9904 | -€5,190 | -€5,590 | -€3,160 | -€1,449 | -€555 | -€4,212 | -€233 | -€1,217 | ▼ 423% |
| Profit (loss) for the period to be appropriated9905 | -€5,190 | -€5,590 | -€3,160 | -€1,449 | -€555 | -€4,212 | -€233 | -€1,217 | ▼ 423% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6,983 | €3,757 | €5,391 | €5,391 | €5,330 | - | - | - | - |
| Fixed assets21/28 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | - | - | - | - |
| Financial fixed assets28 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | - | - | - | - |
| Current assets29/58 | €3,263 | €37 | €1,671 | €1,671 | €1,610 | - | - | - | - |
| Amounts receivable within one year40/41 | €3,257 | - | €55 | €55 | - | - | - | - | - |
| Trade receivables40 | - | - | €55 | €55 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €31 | €1,610 | €1,610 | €1,610 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €6 | €6 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6,983 | €3,757 | €5,391 | €5,391 | €5,330 | - | - | - | - |
| Equity10/15 | -€36,191 | -€41,781 | -€44,941 | -€46,390 | -€46,945 | -€51,158 | -€51,390 | -€52,608 | ▼ 2.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9,229 | €9,229 | €9,229 | €9,229 | €9,229 | €9,229 | €1,229 | €1,229 | = |
| Non-distributable reserves130/1 | - | - | €1,229 | €1,229 | €1,229 | €1,229 | €1,229 | €1,229 | = |
| Reserves not available under the articles1311 | - | - | €1,229 | €1,229 | €1,229 | €1,229 | €1,229 | €1,229 | = |
| Distributable reserves133 | - | - | €8,000 | €8,000 | €8,000 | €8,000 | €0 | - | - |
| Profit (loss) carried forward14 | -€51,620 | -€57,210 | -€60,370 | -€61,818 | -€62,374 | -€66,586 | -€58,819 | -€60,037 | ▼ 2.1% |
| Amounts payable17/49 | €43,174 | €45,538 | €50,333 | €51,781 | €52,275 | €51,158 | €51,390 | €52,608 | ▲ 2.4% |
| Amounts payable within one year42/48 | €42,983 | €45,279 | €50,074 | €51,522 | €52,275 | €51,158 | €51,390 | €52,608 | ▲ 2.4% |
| Financial debts43 | - | - | €15,514 | €15,514 | €15,514 | - | - | - | - |
| Credit institutions430/8 | - | - | €15,514 | €15,514 | €15,514 | - | - | - | - |
| Trade debts44 | €6,370 | €286 | €2,952 | €3,952 | €1,000 | €272 | €0 | €45 | - |
| Suppliers440/4 | - | - | €2,952 | €3,952 | €1,000 | €272 | €0 | €45 | - |
| Other amounts payable47/48 | - | - | €31,608 | €32,056 | €35,762 | €50,885 | €51,390 | €52,562 | ▲ 2.3% |
| Accrued charges and deferred income492/3 | - | - | €259 | €259 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,190 | -€5,590 | -€3,160 | -€1,449 | -€555 | -€4,212 | -€233 | -€1,217 | ▼ 423% |
| + Depreciation and write-downs630 | €1,500 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,690 | -€5,590 | -€3,160 | -€1,449 | -€555 | -€4,212 | -€233 | -€1,217 | ▼ 423% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - | - | - | - |
| Change in cash | - | - | €1,579 | €0 | €0 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-04-2026 | 2026-00079096 |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00508272 |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00188026 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00393087 |
| 31-12-2021 | micro format | 12-10-2022 | 2022-20462352 |
| 31-12-2020 | micro format | 06-09-2022 | 2022-20416835 |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-49700324 |
| 31-12-2018 | abbreviated format | 26-11-2019 | 2019-74300550 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-59300169 |
| 31-12-2016 | abbreviated format | 27-09-2017 | 2017-63300537 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.