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SUMMA

Active
Public limited companyfounded 1995active for 30 yearsRochesterlaan 6, 8470 Gistel, BelgiumKBO/BCE: BE 0456.536.537

Financials · financial year 2025, full format

Annual accounts 2025 filed on 29-06-2026 at the NBB all 31 filings

Turnover
€38.4m▲ 6.9%
2024 · €35.9m
EBIT margin
10.8%▲ 4.0pp
2024 · 6.9%
Net result
€3.1m▲ 24.6%
2024 · €2.5m
Working capital
€6.8m▼ 37.5%
2024 · €10.9m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 69% higher than in 2024. It is a recovery after the fall in 2024.

Turnover€38.4m 2025 Operating result€4.2m 2025 Net result€3.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of computer, electronic and optical products (NACE 26). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€32.1m-€33.4m▲ 4.1%€35.4m▲ 5.8%€40.5m▲ 14.6%€42.1m▲ 3.9%€40.0m▼ 5.0%€35.9m▼ 10.3%€38.4m▲ 6.9%
Operating result€9.2m-€8.5m▼ 7.5%€9.1m▲ 7.3%€11.0m▲ 20.6%€7.6m▼ 30.9%€7.0m▼ 8.7%€2.5m▼ 64.7%€4.2m▲ 68.8%
Net result€8.1m-€7.4m▼ 8.3%€8.0mabove the sector's middle half▲ 7.5%€9.6mabove the sector's middle half▲ 20.4%€6.5mabove the sector's middle half▼ 32.0%€4.9mabove the sector's middle half▼ 25.5%€2.5mabove the sector's middle half▼ 49.3%€3.1mabove the sector's middle half▲ 24.6%
EBIT margin28.7%-25.5%▼ 3.2pp25.9%▲ 0.4pp27.2%▲ 1.3pp18.1%▼ 9.1pp17.4%▼ 0.7pp6.9%▼ 10.6pp10.8%▲ 4.0pp
Equity€12.7m-€17.3m▲ 36.5%€22.5mabove the sector's middle half▲ 30.0%€32.1mabove the sector's middle half▲ 42.5%€38.6mabove the sector's middle half▲ 20.3%€43.5mabove the sector's middle half▲ 12.5%€45.9mabove the sector's middle half▲ 5.6%€49.0mabove the sector's middle half▲ 6.7%
Total assets€28.7m-€31.1m▲ 8.4%€35.0mabove the sector's middle half▲ 12.4%€39.6mabove the sector's middle half▲ 13.2%€52.8mabove the sector's middle half▲ 33.3%€57.7mabove the sector's middle half▲ 9.4%€62.1mabove the sector's middle half▲ 7.6%€63.9mabove the sector's middle half▲ 2.9%
Debt€15.7m-€13.4m▼ 14.7%€12.0m▼ 10.7%€7.1m▼ 40.4%€13.7m▲ 91.8%€13.8m▲ 0.6%€15.8m▲ 14.6%€14.5m▼ 8.3%
Working capital€7.6m-€7.2m▼ 4.7%€9.5mabove the sector's middle half▲ 31.2%€13.3mabove the sector's middle half▲ 40.4%€13.3mabove the sector's middle half▲ 0.1%€15.8mabove the sector's middle half▲ 19.0%€10.9mabove the sector's middle half▼ 31.4%€6.8mabove the sector's middle half▼ 37.5%
Solvency44.3%-55.7%▲ 11.5pp64.5%within the sector's middle half▲ 8.7pp81.1%above the sector's middle half▲ 16.7pp73.2%above the sector's middle half▼ 7.9pp75.3%above the sector's middle half▲ 2.1pp74.0%above the sector's middle half▼ 1.3pp76.6%above the sector's middle half▲ 2.7pp
Current ratio1.76-1.87▲ 0.112.08within the sector's middle half▲ 0.212.86within the sector's middle half▲ 0.782.86within the sector's middle half=3.40above the sector's middle half▲ 0.542.01within the sector's middle half▼ 1.381.63within the sector's middle half▼ 0.38
Return on assets (ROA)28.1%-23.8%▼ 4.3pp22.8%above the sector's middle half▼ 1.0pp24.2%above the sector's middle half▲ 1.5pp12.3%within the sector's middle half▼ 11.9pp8.4%within the sector's middle half▼ 3.9pp4.0%within the sector's middle half▼ 4.4pp4.8%within the sector's middle half▲ 0.8pp
Staff (FTE)83.1-91.2▲ 9.7%100.8above the sector's middle half▲ 10.5%105.8above the sector's middle half▲ 5.0%105above the sector's middle half▼ 0.8%108.4above the sector's middle half▲ 3.2%106.7above the sector's middle half▼ 1.6%107.8above the sector's middle half▲ 1.0%
above within below The sector band is the middle half of the companies in Manufacture of computer, electronic and optical products (NACE 26). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63.9m
Fixed assets €46.4m ▲ 14.6%
Current assets €17.5m ▼ 19.0%
Equity and liabilities €63.9m
Equity €49.0m ▲ 6.7%
Provisions €464,224 ▲ 14.1%
Debt €14.5m ▼ 8.3%
Debt's share of the balance-sheet total falls from 25.4% to 22.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5.3m▲
2024 · €3.6m
Cash flow
€4.2m▲
2024 · €3.6m
Quick ratio
0.76▼
2024 · 1.24
Debt to equity
0.30▼
2024 · 0.34
ROE
6.3%▲
2024 · 5.4%
Interest coverage
11.31▲
2024 · 7.28
Debt ≤ 1 year
€10.7m▼
2024 · €10.7m
Debt > 1 year
€3.7m▼
2024 · €4.6m
Income taxes
€416,997▲
2024 · €237,146
Customer credit
39 days▼
2024 · 90 days
Supplier credit
106 days▼
2024 · 162 days
Staff costs
€7.7m▲
2024 · €7.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date114115115114116
full-time8584878479
part-time2931283037
in full-time equivalents107.5108.2109.2107.7108.9
Average over the year, in full-time equivalents105.8105108.4106.7107.8
On a permanent contract105115115110111
Joined2345161413
Left1644161511
Agency workers, average number9.613.44.20.71.1
Training hours2,5003,1323,3191,080939

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Mortgages, amount registered€1.0m€1.0m€1.0m€1.0m€1.0m
Mortgage mandates€84.0m€84.0m€84.0m€84.0m€84.0m
Carrying value of the mortgaged assets€1.9m€2.3m€2.7m€2.4m€2.3m
Mandates to pledge the business€127.5m----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€477,431€990,880€1.0m€398,704€461,574
Intangible fixed assets€380,781€481,300€353,421€434,293€390,662
Financial fixed assets-€8.5m€207,000--
Depreciation and write-downs of the year€817,141€913,778€1.1m€1.1m€1.1m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is CALLENS VANDELANOTTE.

Item20212022202320242025
Fee for the audit€7,500€7,500€11,000€11,629€15,581
Other work by the auditor---€484€10,165
Work by persons linked to the auditor-€530€806€1,098€2,850

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Subsidies and aid

Flemish government

2022 to 2025 · 12 entries · €863,995 awarded · €569,065 paid
Year Entries AwardedPaid
2025 5 €3,578€83,146
2024 2 €7,519€134,519
2023 3 €847,090€345,592
2022 2 €5,808€5,808
Schemes
4 entries · €809,545 · €514,615 paid · Fonds voor Innoveren en Ondernemen
3 entries · €34,882 · €34,882 paid · Fonds voor Innoveren en Ondernemen
4 entries · €17,594 · €17,594 paid · Departement Werk en Sociale Economie
1 entry · €1,974 · €1,974 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 86 lines
Balance sheet Code20242025
Assets
Total assets20/58€62.1m€63.9m▲
Fixed assets21/28€40.5m€46.4m▲
Intangible fixed assets21€0.6m€0.6m▼
Tangible fixed assets22/27€3.0m€2.7m▼
Land and buildings22€2.4m€2.3m▼
Plant, machinery and equipment23€0.5m€0.4m▼
Furniture and vehicles24€0.07m€0.05m▼
Financial fixed assets28€37.0m€43.2m▲
Affiliated companies280/1€37.0m€43.2m▲
Participating interests280€15.6m€15.6m=
Amounts receivable281€21.4m€27.6m▲
Current assets29/58€21.6m€17.5m▼
Stocks and contracts in progress3€8.3m€9.4m▲
Stocks30/36€8.3m€9.4m▲
Raw materials and consumables30/31€5.2m€6.4m▲
Work in progress32€0.3m€0.4m▲
Finished goods33€2.8m€2.6m▼
Amounts receivable within one year40/41€9.7m€4.7m▼
Trade receivables40€8.9m€4.1m▼
Other amounts receivable41€0.8m€0.6m▼
Cash at bank and in hand54/58€3.5m€3.2m▼
Deferred charges and accrued income490/1€0.1m€0.2m▲
Equity and liabilities
Total equity and liabilities10/49€62.1m€63.9m▲
Equity10/15€45.9m€49.0m▲
Contributions10/11€1.4m€1.4m=
Capital10€1.4m€1.4m=
Issued capital100€1.4m€1.4m=
Reserves13€13.6m€13.6m=
Non-distributable reserves130/1€0.1m€0.1m=
Legal reserve130€0.1m€0.1m=
Distributable reserves133€13.5m€13.5m=
Profit (loss) carried forward14€30.8m€33.9m▲
Investment grants15€0.06m€0.05m▼
Provisions and deferred taxes16€0.4m€0.5m▲
Provisions for liabilities and charges160/5€0.4m€0.5m▲
Other liabilities and charges164/5€0.4m€0.5m▲
Deferred taxes168€29€29=
Amounts payable17/49€15.8m€14.5m▼
Amounts payable after more than one year17€4.6m€3.7m▼
Financial debts170/4€4.6m€3.7m▼
Credit institutions173€4.6m€3.7m▼
Amounts payable within one year42/48€10.7m€10.7m▼
Current portion of amounts payable after more than one year42€0.9m€0.9m=
Financial debts43€1.0m€2.5m▲
Credit institutions430/8€1.0m€2.5m▲
Trade debts44€6.7m€5.3m▼
Suppliers440/4€6.7m€5.3m▼
Advances received on contracts in progress46€0.1m€0.01m▼
Taxes, remuneration and social security45€1.9m€2.0m▲
Taxes450/3€0.9m€0.7m▼
Remuneration and social security454/9€1.1m€1.3m▲
Other amounts payable47/48-€0.001m
Accrued charges and deferred income492/3€0.5m€0.1m▼
Income statement Code20242025
Operating income70/76A€35.7m€39.0m▲
Turnover70€35.9m€38.4m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€1.1m-€0.08m▲
Other operating income74€0.8m€0.7m▼
Non-recurring operating income76A€0.06m€0.02m▼
Operating charges60/66A€33.2m€34.9m▲
Goods for resale, raw materials and consumables60€15.1m€18.2m▲
Purchases600/8€13.6m€19.7m▲
Change in stocks: decrease (increase)609€1.5m-€1.5m▼
Services and other goods61€9.1m€7.1m▼
Remuneration, social security and pensions62€7.1m€7.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€1.1m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.2m€0.4m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.09m€0.06m▲
Other operating charges640/8€0.06m€0.06m▼
Non-recurring operating charges66A€0.6m€0.3m▼
Operating profit (loss)9901€2.5m€4.2m▲
Financial income75/76B€0.8m€0.8m▼
Recurring financial income75€0.8m€0.8m▼
Income from financial fixed assets750€0.4m€0.5m▲
Other financial income752/9€0.5m€0.3m▼
Financial charges65/66B€0.6m€1.5m▲
Recurring financial charges65€0.6m€1.5m▲
Debt charges650€0.5m€0.5m▼
Other financial charges652/9€0.1m€1.0m▲
Profit (loss) for the period before taxes9903€2.7m€3.5m▲
Income taxes67/77€0.2m€0.4m▲
Taxes670/3€0.2m€0.4m▲
Profit (loss) for the period9904€2.5m€3.1m▲
Profit (loss) for the period to be appropriated9905€2.5m€3.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€30.8m€33.9m▲
Profit (loss) brought forward from the previous period14P€28.3m€30.8m▲
Social balance sheet
Average headcount (FTE)9087106.7107.8▲

The notes to these accounts have 73 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Line20182019202020212022202320242025Change
Operating income70/76A---€40.7m€43.4m€42.4m€35.7m€39.0m▲ 9.4%
Turnover70€32.1m€33.4m€35.4m€40.5m€42.1m€40.0m€35.9m€38.4m▲ 6.9%
Change in stocks of work in progress, finished goods and contracts in progress71----€0.4m€0.6m€1.4m-€1.1m-€0.08m▲ 93.0%
Other operating income74---€0.6m€0.7m€1.0m€0.8m€0.7m▼ 17.1%
Non-recurring operating income76A---€0.008m€0.01m€0.01m€0.06m€0.02m▼ 72.8%
Operating charges60/66A---€29.7m€35.8m€35.5m€33.2m€34.9m▲ 5.0%
Goods for resale, raw materials and consumables60---€17.7m€19.8m€19.8m€15.1m€18.2m▲ 20.4%
Purchases600/8---€17.4m€22.2m€19.7m€13.6m€19.7m▲ 44.8%
Change in stocks: decrease (increase)609---€0.3m-€2.4m€0.04m€1.5m-€1.5m-
Services and other goods61---€4.7m€7.8m€7.2m€9.1m€7.1m▼ 21.8%
Remuneration, social security and pensions62---€6.1m€6.4m€6.9m€7.1m€7.7m▲ 7.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.6m€0.7m€0.8m€0.9m€1.1m€1.1m€1.1m▼ 1.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.2m€0.3m€0.04m€0.2m€0.4m▲ 79.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0.03m€0.1m€0.02m-€0.09m€0.06m-
Other operating charges640/8---€0.06m€0.05m€0.06m€0.06m€0.06m▼ 0.4%
Non-recurring operating charges66A---€0.05m€0.3m€0.3m€0.6m€0.3m▼ 50.8%
Operating profit (loss)9901€9.2m€8.5m€9.1m€11.0m€7.6m€7.0m€2.5m€4.2m▲ 68.8%
Financial income75/76B---€0.6m€0.8m€0.4m€0.8m€0.8m▼ 3.9%
Recurring financial income75€0.4m€0.2m€0.4m€0.6m€0.8m€0.4m€0.8m€0.8m▼ 3.9%
Income from financial fixed assets750---€0.2m€0.2m€0.3m€0.4m€0.5m▲ 29.8%
Other financial income752/9---€0.4m€0.6m€0.1m€0.5m€0.3m▼ 31.1%
Financial charges65/66B---€0.1m€0.9m€0.9m€0.6m€1.5m▲ 145%
Recurring financial charges65€0.2m€0.2m€0.5m€0.1m€0.9m€0.9m€0.6m€1.5m▲ 145%
Debt charges650€0.02m€0.05m€0.06m€0.04m€0.1m€0.4m€0.5m€0.5m▼ 5.5%
Other financial charges652/9---€0.06m€0.7m€0.5m€0.1m€1.0m▲ 813%
Profit (loss) for the period before taxes9903€9.4m€8.6m€9.1m€11.5m€7.6m€6.4m€2.7m€3.5m▲ 29.1%
Income taxes67/77€1.3m€1.2m€1.1m€2.0m€1.1m€1.6m€0.2m€0.4m▲ 75.8%
Taxes670/3---€2.0m€1.1m€1.6m€0.2m€0.4m▲ 75.8%
Profit (loss) for the period9904€8.1m€7.4m€8.0m€9.6m€6.5m€4.9m€2.5m€3.1m▲ 24.6%
Profit (loss) for the period to be appropriated9905€5.0m€13.0m€4.6m€9.6m€6.5m€4.9m€2.5m€3.1m▲ 24.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€28.7m€31.1m€35.0m€39.6m€52.8m€57.7m€62.1m€63.9m▲ 2.9%
Fixed assets21/28€11.2m€15.7m€16.8m€19.2m€32.3m€35.3m€40.5m€46.4m▲ 14.6%
Intangible fixed assets21€0.04m€0.3m€0.4m€0.5m€0.6m€0.6m€0.6m€0.6m▼ 1.5%
Tangible fixed assets22/27€2.7m€2.9m€2.5m€2.5m€2.9m€3.3m€3.0m€2.7m▼ 8.7%
Land and buildings22---€1.9m€2.3m€2.7m€2.4m€2.3m▼ 5.5%
Plant, machinery and equipment23---€0.4m€0.5m€0.5m€0.5m€0.4m▼ 22.7%
Furniture and vehicles24---€0.2m€0.09m€0.1m€0.07m€0.05m▼ 23.1%
Financial fixed assets28€8.5m€12.5m€13.8m€16.2m€28.8m€31.5m€37.0m€43.2m▲ 16.7%
Affiliated companies280/1---€16.2m€28.7m€31.5m€37.0m€43.2m▲ 16.7%
Participating interests280---€6.9m€15.4m€15.6m€15.6m€15.6m=
Amounts receivable281---€9.2m€13.4m€15.9m€21.4m€27.6m▲ 28.9%
Other financial fixed assets284/8----€0.04m----
Amounts receivable and cash guarantees285/8----€0.04m----
Current assets29/58€17.5m€15.5m€18.2m€20.4m€20.5m€22.4m€21.6m€17.5m▼ 19.0%
Stocks and contracts in progress3€4.7m€5.4m€8.0m€7.0m€9.8m€11.0m€8.3m€9.4m▲ 12.9%
Stocks30/36---€7.0m€9.8m€11.0m€8.3m€9.4m▲ 12.9%
Raw materials and consumables30/31---€4.8m€6.9m€6.8m€5.2m€6.4m▲ 22.0%
Work in progress32---€0.4m€0.3m€0.4m€0.3m€0.4m▲ 54.9%
Finished goods33---€1.9m€2.6m€3.8m€2.8m€2.6m▼ 8.1%
Amounts receivable within one year40/41€5.8m€7.2m€7.2m€8.0m€9.3m€7.6m€9.7m€4.7m▼ 51.9%
Trade receivables40---€7.4m€8.6m€6.6m€8.9m€4.1m▼ 53.8%
Other amounts receivable41---€0.6m€0.7m€0.9m€0.8m€0.6m▼ 30.9%
Cash at bank and in hand54/58€6.9m€2.7m€2.7m€5.0m€1.3m€3.8m€3.5m€3.2m▼ 7.5%
Deferred charges and accrued income490/1---€0.4m€0.04m€0.05m€0.1m€0.2m▲ 90.1%
Equity and liabilities
Total equity and liabilities10/49€28.7m€31.1m€35.0m€39.6m€52.8m€57.7m€62.1m€63.9m▲ 2.9%
Equity10/15€12.7m€17.3m€22.5m€32.1m€38.6m€43.5m€45.9m€49.0m▲ 6.7%
Contributions10/11€1.4m€1.4m€1.4m€1.4m€1.4m€1.4m€1.4m€1.4m=
Capital10---€1.4m€1.4m€1.4m€1.4m€1.4m=
Issued capital100---€1.4m€1.4m€1.4m€1.4m€1.4m=
Reserves13€7.1m€10.3m€13.6m€13.6m€13.6m€13.6m€13.6m€13.6m=
Non-distributable reserves130/1---€0.1m€0.1m€0.1m€0.1m€0.1m=
Legal reserve130---€0.1m€0.1m€0.1m€0.1m€0.1m=
Distributable reserves133---€13.5m€13.5m€13.5m€13.5m€13.5m=
Profit (loss) carried forward14€4.1m€5.5m€7.4m€17.0m€23.5m€28.3m€30.8m€33.9m▲ 10.0%
Investment grants15---€0.08m€0.07m€0.07m€0.06m€0.05m▼ 11.2%
Provisions and deferred taxes16€0.3m€0.4m€0.5m€0.3m€0.5m€0.5m€0.4m€0.5m▲ 14.1%
Provisions for liabilities and charges160/5---€0.3m€0.5m€0.5m€0.4m€0.5m▲ 14.1%
Other liabilities and charges164/5---€0.3m€0.5m€0.5m€0.4m€0.5m▲ 14.1%
Deferred taxes168---€29€29€29€29€29=
Amounts payable17/49€15.7m€13.4m€12.0m€7.1m€13.7m€13.8m€15.8m€14.5m▼ 8.3%
Amounts payable after more than one year17€5.8m€5.1m€3.2m-€6.5m€6.5m€4.6m€3.7m▼ 20.0%
Financial debts170/4----€6.5m€6.5m€4.6m€3.7m▼ 20.0%
Credit institutions173----€5.5m€5.5m€4.6m€3.7m▼ 20.0%
Other loans174----€1.0m€1.0m---
Amounts payable within one year42/48€9.9m€8.3m€8.8m€7.1m€7.2m€6.6m€10.7m€10.7m▼ 0.2%
Current portion of amounts payable after more than one year42------€0.9m€0.9m=
Financial debts43------€1.0m€2.5m▲ 150%
Credit institutions430/8------€1.0m€2.5m▲ 150%
Trade debts44€2.4m€3.8m€4.9m€5.2m€5.1m€4.5m€6.7m€5.3m▼ 21.1%
Suppliers440/4---€5.2m€5.1m€4.5m€6.7m€5.3m▼ 21.1%
Advances received on contracts in progress46---€0.2m€0.1m€0.04m€0.1m€0.01m▼ 91.9%
Taxes, remuneration and social security45---€1.7m€1.9m€2.1m€1.9m€2.0m▲ 1.2%
Taxes450/3---€0.9m€0.9m€1.0m€0.9m€0.7m▼ 18.5%
Remuneration and social security454/9---€0.8m€1.0m€1.1m€1.1m€1.3m▲ 17.1%
Other amounts payable47/48-------€0.001m-
Accrued charges and deferred income492/3----€0.03m€0.7m€0.5m€0.1m▼ 79.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€8.1m€7.4m€8.0m€9.6m€6.5m€4.9m€2.5m€3.1m▲ 24.6%
+ Depreciation and write-downs630€0.5m€0.6m€0.7m€0.8m€0.9m€1.1m€1.1m€1.1m▼ 1.1%
Operating cash flow (approximation)€8.5m€8.0m€8.7m€10.4m€7.4m€6.0m€3.6m€4.2m▲ 16.5%
Investment in fixed assets (approximation)--€5.0m-€1.8m-€3.2m-€14.1m-€4.1m-€6.3m-€7.0m▼ 10.8%
Change in cash--€4.1m-€0.02m€2.3m-€3.7m€2.5m-€0.3m-€0.3m▲ 18.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 31 filings with the National Bank
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31-12-2025 full format 29-06-2026 2026-00220894 PDF
31-12-2024 full format 23-04-2025 2025-00073232 PDF
31-12-2023 full format 29-04-2024 2024-00071673 PDF
31-12-2022 full format 03-05-2023 2023-00076841 PDF
31-12-2021 full format 04-05-2022 2022-20019035 PDF
31-12-2020 full format 23-04-2021 2021-10900542 PDF
31-12-2019 full format 28-04-2020 2020-09900588 PDF
31-12-2018 full format 14-05-2019 2019-12900302 PDF
31-12-2017 full format 30-11-2018 2018-73300311 PDF
31-12-2016 full format 24-04-2017 2017-09700139 PDF

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