SUMMIT
Dissolved and wound up on 02-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-12-2025 PDF all 26 filings
Equity
-€12,027
2024 · €72,845
Total assets
€7,215▼ 92.2%
2024 · €92,234
Net result
-€84,871▼ 264%
2024 · -€23,296
Working capital
-€12,027
2024 · €13,335
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€4,090
▲ 82.4%
2025
20192025
Net result
-€84,871
▼ 264%
2025
20192025
Equity
-€12,027
2025
20192025
Total assets
€7,215
▼ 92.2%
2025
20192025
Debt
€19,242
▼ 0.8%
2025
20192025
Working capital
-€12,027
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€10,986--€13,541▼ 23.3%-€5,787▲ 57.3%-€2,525▲ 56.4%-€16,616▼ 558%-€23,217▼ 39.7%-€4,090▲ 82.4%
Net result-€11,241--€13,713▼ 22.0%-€5,859▲ 57.3%-€2,601▲ 55.6%-€16,692▼ 542%-€23,296▼ 39.6%-€84,871▼ 264%
Equity€135,006-€121,293▼ 10.2%€115,434▼ 4.8%€112,833▼ 2.3%€96,141▼ 14.8%€72,845▼ 24.2%-€12,027
Total assets€146,608-€130,960▼ 10.7%€125,047▼ 4.5%€123,219▼ 1.5%€108,918▼ 11.6%€92,234▼ 15.3%€7,215▼ 92.2%
Debt€11,602-€9,666▼ 16.7%€9,613▼ 0.6%€10,386▲ 8.0%€12,777▲ 23.0%€19,390▲ 51.8%€19,242▼ 0.8%
Working capital€75,305-€61,784▼ 18.0%€55,924▼ 9.5%€53,323▼ 4.7%€36,631▼ 31.3%€13,335▼ 63.6%-€12,027
The operating result for 2025 is a loss of €4,090, smaller than the loss of €23,217 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Key figures and ratios
Solvency
-166.7%▼
2024 · 79.0%
Current ratio
0.37▼
2024 · 1.69
Debt ≤ 1 year
€19,242▼
2024 · €19,390
A ratio outside any meaningful range has been withheld (balance sheet total €7,215, equity -€12,027).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €330 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €449 | €450 | €665 | €507 | ▼ 23.7% |
| Gross operating margin9900 | -€9,436 | -€13,541 | -€5,339 | -€2,076 | -€16,166 | -€22,553 | -€3,583 | ▲ 84.1% |
| Operating profit (loss)9901 | -€10,986 | -€13,541 | -€5,787 | -€2,525 | -€16,616 | -€23,217 | -€4,090 | ▲ 82.4% |
| Financial income75/76B | - | - | - | €0 | €0 | - | €0 | - |
| Recurring financial income75 | - | - | €1 | €0 | €0 | - | €0 | - |
| Financial charges65/66B | - | - | - | €77 | €76 | €79 | €80,781 | ▲ 1,023× |
| Recurring financial charges65 | €61 | €62 | €73 | €77 | €76 | €79 | €21,272 | ▲ 269× |
| Non-recurring financial charges66B | - | - | - | - | - | - | €59,510 | - |
| Profit (loss) for the period before taxes9903 | -€11,047 | -€13,603 | -€5,859 | -€2,601 | -€16,692 | -€23,296 | -€84,871 | ▼ 264% |
| Income taxes67/77 | €194 | €110 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€11,241 | -€13,713 | -€5,859 | -€2,601 | -€16,692 | -€23,296 | -€84,871 | ▼ 264% |
| Profit (loss) for the period to be appropriated9905 | -€11,241 | -€13,713 | -€5,859 | -€2,601 | -€16,692 | -€23,296 | -€84,871 | ▼ 264% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €146,608 | €130,960 | €125,047 | €123,219 | €108,918 | €92,234 | €7,215 | ▼ 92.2% |
| Fixed assets21/28 | €59,701 | €59,510 | €59,510 | €59,510 | €59,510 | €59,510 | €0 | ▼ 100% |
| Financial fixed assets28 | €59,701 | €59,510 | €59,510 | €59,510 | €59,510 | €59,510 | €0 | ▼ 100% |
| Current assets29/58 | €86,907 | €71,450 | €65,537 | €63,709 | €49,408 | €32,724 | €7,215 | ▼ 78.0% |
| Amounts receivable within one year40/41 | €86,403 | €67,747 | €62,254 | €54,447 | €39,831 | €27,736 | €2,703 | ▼ 90.3% |
| Trade receivables40 | - | - | - | €7,321 | €12,705 | €0 | €1,422 | - |
| Other amounts receivable41 | - | - | - | €47,126 | €27,126 | €27,736 | €1,281 | ▼ 95.4% |
| Cash at bank and in hand54/58 | €504 | €3,703 | €3,283 | €9,262 | €9,576 | €4,989 | €4,512 | ▼ 9.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €146,608 | €130,960 | €125,047 | €123,219 | €108,918 | €92,234 | €7,215 | ▼ 92.2% |
| Equity10/15 | €135,006 | €121,293 | €115,434 | €112,833 | €96,141 | €72,845 | -€12,027 | - |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €128,806 | €115,093 | €109,234 | €106,633 | €89,941 | €66,645 | €1,860 | ▼ 97.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €104,773 | €88,081 | €64,785 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€20,087 | - |
| Amounts payable17/49 | €11,602 | €9,666 | €9,613 | €10,386 | €12,777 | €19,390 | €19,242 | ▼ 0.8% |
| Amounts payable within one year42/48 | €11,602 | €9,666 | €9,613 | €10,386 | €12,777 | €19,390 | €19,242 | ▼ 0.8% |
| Trade debts44 | €540 | €96 | €44 | €46 | €60 | €40 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €46 | €60 | €40 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €878 | €3,364 | €0 | - | - |
| Taxes450/3 | - | - | - | €878 | €484 | €0 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €2,880 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €9,461 | €9,353 | €19,350 | €19,242 | ▼ 0.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,241 | -€13,713 | -€5,859 | -€2,601 | -€16,692 | -€23,296 | -€84,871 | ▼ 264% |
| + Depreciation and write-downs630 | €330 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€10,911 | -€13,713 | -€5,859 | -€2,601 | -€16,692 | -€23,296 | -€84,871 | ▼ 264% |
| Investment in fixed assets (approximation) | - | €191 | €0 | €0 | €0 | €0 | €59,510 | - |
| Change in cash | - | €3,198 | -€419 | €5,979 | €314 | -€4,588 | -€477 | ▲ 89.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 08-12-2025 | 2025-00577513 | |
| 30-06-2024 | abbreviated format | 28-11-2024 | 2024-00605617 | |
| 30-06-2023 | abbreviated format | 06-12-2023 | 2023-00524151 | |
| 31-05-2022 | abbreviated format | 03-11-2022 | 2022-20515742 | |
| 31-05-2021 | abbreviated format | 13-10-2021 | 2021-71800221 | |
| 31-05-2020 | abbreviated format | 22-10-2020 | 2020-62600388 | |
| 31-05-2019 | micro format | 26-11-2019 | 2019-74400263 | |
| 31-05-2018 | micro format | 12-11-2018 | 2018-71900331 | |
| 31-05-2017 | micro format | 27-11-2017 | 2017-70100572 | |
| 31-05-2016 | abbreviated format | 07-11-2016 | 2016-67400222 |