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Private limited company (pre-2019)founded 2014active for 12 yearsChaussée d'Alsemberg 394, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0556.840.475

Financials · financial year 2025, micro format

2025 annual accounts filed 76 days after the deadline Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00558681.

Annual accounts 2025 filed on 15-10-2026 at the NBB all 11 filings

Turnover
≈ €1.7m
Estimated: probably between €1.2m and €2.7m
EBIT margin
Not included in this filing
Net result
€568,153
2024 · -€7,808
Working capital
€210,475▲ 150%
2024 · €84,195
Trend over the years

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

The operating result for 2025 is a profit of €570,592, after a loss of €198 in 2024. It is the highest result since 2021.

Operating result€570,592 2025 Net result€568,153 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 Computer programming, consultancy and related activities (NACE 62). 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
Operating result-€18,381-€3,122€21,834▲ 599%€3,032▼ 86.1%-€3,514-€2,109▲ 40.0%-€198▲ 90.6%€570,592
Net result-€20,513-€2,109€16,827within the sector's middle half▲ 698%€2,721within the sector's middle half▼ 83.8%-€8,281below the sector's middle half€94,608above the sector's middle half-€7,808below the sector's middle half€568,153above the sector's middle half
Equity-€6,192--€4,083▲ 34.1%€12,744below the sector's middle half€15,465below the sector's middle half▲ 21.4%€7,183below the sector's middle half▼ 53.6%€101,792within the sector's middle half▲ 14×€93,984within the sector's middle half▼ 7.7%€662,136above the sector's middle half▲ 605%
Total assets€33,243-€43,540▲ 31.0%€43,294below the sector's middle half▼ 0.6%€38,185below the sector's middle half▼ 11.8%€58,075below the sector's middle half▲ 52.1%€130,164within the sector's middle half▲ 124%€149,072within the sector's middle half▲ 14.5%€695,999above the sector's middle half▲ 367%
Debt€39,435-€47,623▲ 20.8%€30,550▼ 35.9%€22,720▼ 25.6%€50,892▲ 124%€28,373▼ 44.2%€55,088▲ 94.2%€33,862▼ 38.5%
Working capital-€3,930-€3,118€12,272below the sector's middle half▲ 294%€6,165below the sector's middle half▼ 49.8%-€1,602below the sector's middle half€91,036within the sector's middle half€84,195within the sector's middle half▼ 7.5%€210,475above the sector's middle half▲ 150%
Solvency-18.6%--9.4%▲ 9.2pp29.4%within the sector's middle half▲ 38.8pp40.5%within the sector's middle half▲ 11.1pp12.4%below the sector's middle half▼ 28.1pp78.2%within the sector's middle half▲ 65.8pp63.0%within the sector's middle half▼ 15.2pp95.1%above the sector's middle half▲ 32.1pp
Current ratio0.86-1.10▲ 0.241.56within the sector's middle half▲ 0.461.27within the sector's middle half▼ 0.290.97below the sector's middle half▼ 0.304.21within the sector's middle half▲ 3.242.53within the sector's middle half▼ 1.687.22above the sector's middle half▲ 4.69
Return on assets (ROA)-61.7%-4.8%▲ 66.6pp38.9%above the sector's middle half▲ 34.0pp7.1%within the sector's middle half▼ 31.7pp-14.3%below the sector's middle half▼ 21.4pp72.7%above the sector's middle half▲ 86.9pp-5.2%below the sector's middle half▼ 77.9pp81.6%above the sector's middle half▲ 86.9pp
Staff (FTE)0.7-1▲ 42.9%0.7below the sector's middle half▼ 30.0%1below the sector's middle half▲ 42.9%1=0.2▼ 80.0%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). 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 turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €695,999
Fixed assets €451,661 ▲ 46×
Current assets €244,337 ▲ 75.4%
Equity and liabilities €695,999
Equity €662,136 ▲ 605%
Debt €33,862 ▼ 38.5%
Debt's share of the balance-sheet total falls from 37.0% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€571,624▲
2024 · €769
Cash flow
€569,185▲
2024 · -€6,841
Debt to equity
0.05▼
2024 · 0.59
ROE
85.8%▲
2024 · -8.3%
Interest coverage
over 100▲
2024 · 1.72
Debt ≤ 1 year
€33,862▼
2024 · €55,088
Income taxes
€2,131▼
2024 · €7,164
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-2023
Employees at the balance-sheet date11-
full-time11-
in full-time equivalents11-
Average over the year, in full-time equivalents110.2
On a permanent contract11-
Joined1-0
Left1-1

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets--€2,900-€1,222
Financial fixed assets----€449,657
Depreciation and write-downs of the year--€119€967€1,032

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

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€149,072€695,999▲
Fixed assets21/28€9,789€451,661▲
Tangible fixed assets22/27€1,814€2,004▲
Plant, machinery and equipment23€1,814€2,004▲
Financial fixed assets28€7,975€449,657▲
Current assets29/58€139,283€244,337▲
Amounts receivable within one year40/41€110,947€80,806▼
Trade receivables40€8,946€30,720▲
Other amounts receivable41€102,000€50,086▼
Cash at bank and in hand54/58€12,270€151,393▲
Deferred charges and accrued income490/1€16,066€12,139▼
Equity and liabilities
Total equity and liabilities10/49€149,072€695,999▲
Equity10/15€93,984€662,136▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€85,924€654,076▲
Amounts payable17/49€55,088€33,862▼
Amounts payable within one year42/48€55,088€33,862▼
Current portion of amounts payable after more than one year42€1,162€1,153▼
Trade debts44€10,433€8,290▼
Suppliers440/4€10,433€8,290▼
Taxes, remuneration and social security45€26,716€10,301▼
Taxes450/3€17,325€7,166▼
Remuneration and social security454/9€9,391€3,135▼
Other amounts payable47/48€16,777€14,118▼
Income statement Code20242025
Non-recurring operating income76A-€634,882
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€967€1,032▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,025
Other operating charges640/8€847€1,427▲
Non-recurring operating charges66A€462€62,075▲
Gross operating margin9900€2,078€637,152▲
Operating profit (loss)9901-€198€570,592▲
Financial charges65/66B€447€308▼
Recurring financial charges65€447€308▼
Profit (loss) for the period before taxes9903-€644€570,284▲
Income taxes67/77€7,164€2,131▼
Profit (loss) for the period9904-€7,808€568,153▲
Profit (loss) for the period to be appropriated9905-€7,808€568,153▲
Appropriation of the result
Profit (loss) to be appropriated9906€85,924€654,076▲
Profit (loss) brought forward from the previous period14P€93,732€85,924▼

The notes to these accounts have 8 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 15-10-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€634,882-
Remuneration, social security and pensions62---€49,164€39,885€9,440---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,029€74---€119€967€1,032▲ 6.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€2,025-
Other operating charges640/8---€1,240€1,535€7,326€847€1,427▲ 68.4%
Non-recurring operating charges66A----€1,076-€462€62,075▲ 134×
Gross operating margin9900-€9,145€44,350€42,025€53,436€38,983€14,775€2,078€637,152▲ 307×
Operating profit (loss)9901-€18,381€3,122€21,834€3,032-€3,514-€2,109-€198€570,592-
Financial income75/76B-----€111,175---
Recurring financial income75-----€111,175---
Non-recurring financial income76B-----€111,175---
Financial charges65/66B---€311€3,439€1,861€447€308▼ 31.1%
Recurring financial charges65€1,234€1,013€1,014€311€3,439€1,861€447€308▼ 31.1%
Profit (loss) for the period before taxes9903-€19,615€2,109€20,820€2,721-€6,953€107,205-€644€570,284-
Income taxes67/77€898-€3,993-€1,328€12,596€7,164€2,131▼ 70.2%
Profit (loss) for the period9904-€20,513€2,109€16,827€2,721-€8,281€94,608-€7,808€568,153-
Profit (loss) for the period to be appropriated9905-€20,513€2,109€16,827€2,721-€8,281€94,608-€7,808€568,153-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€33,243€43,540€43,294€38,185€58,075€130,164€149,072€695,999▲ 367%
Fixed assets21/28€9,374€9,300€9,300€9,300€9,300€10,756€9,789€451,661▲ 46×
Tangible fixed assets22/27€74----€2,781€1,814€2,004▲ 10.5%
Plant, machinery and equipment23-----€2,781€1,814€2,004▲ 10.5%
Financial fixed assets28€9,300€9,300€9,300€9,300€9,300€7,975€7,975€449,657▲ 56×
Current assets29/58€23,869€34,240€33,994€28,885€48,775€119,409€139,283€244,337▲ 75.4%
Amounts receivable within one year40/41€20,609€32,224€29,948€27,905€47,165€98,209€110,947€80,806▼ 27.2%
Trade receivables40---€2,255€3,551€7,236€8,946€30,720▲ 243%
Other amounts receivable41---€25,650€43,614€90,973€102,000€50,086▼ 50.9%
Cash at bank and in hand54/58€1,536€258€2,032€652€1,610€14,200€12,270€151,393▲ 12×
Deferred charges and accrued income490/1---€328-€7,000€16,066€12,139▼ 24.4%
Equity and liabilities
Total equity and liabilities10/49€33,243€43,540€43,294€38,185€58,075€130,164€149,072€695,999▲ 367%
Equity10/15-€6,192-€4,083€12,744€15,465€7,183€101,792€93,984€662,136▲ 605%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€14,252-€12,143€4,684€7,405-€877€93,732€85,924€654,076▲ 661%
Amounts payable17/49€39,435€47,623€30,550€22,720€50,892€28,373€55,088€33,862▼ 38.5%
Amounts payable after more than one year17€3,831€6,367--€515----
Financial debts170/4----€515----
Amounts payable within one year42/48€27,799€31,122€21,722€22,720€50,377€28,373€55,088€33,862▼ 38.5%
Current portion of amounts payable after more than one year42----€5,912€1,964€1,162€1,153▼ 0.8%
Trade debts44€3,145€2,529€8,831€9,359€15,310€11,996€10,433€8,290▼ 20.5%
Suppliers440/4---€9,359€15,310€11,996€10,433€8,290▼ 20.5%
Taxes, remuneration and social security45---€9,775€25,568€14,413€26,716€10,301▼ 61.4%
Taxes450/3---€8,486€16,583€12,937€17,325€7,166▼ 58.6%
Remuneration and social security454/9---€1,289€8,985€1,475€9,391€3,135▼ 66.6%
Other amounts payable47/48---€3,586€3,587-€16,777€14,118▼ 15.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€20,513€2,109€16,827€2,721-€8,281€94,608-€7,808€568,153-
+ Depreciation and write-downs630€1,029€74---€119€967€1,032▲ 6.8%
Operating cash flow (approximation)-€19,484€2,183€16,827€2,721-€8,281€94,727-€6,841€569,185-
Investment in fixed assets (approximation)-€0€0€0€0-€1,575€0-€442,905-
Change in cash--€1,278€1,774-€1,380€958€12,590-€1,930€139,123-

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 11 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 15-10-2026 2026-00558681 PDF
31-12-2024 micro format 30-09-2025 2025-00528748 PDF
31-12-2023 micro format 06-10-2024 2024-00495782 PDF
31-12-2022 micro format 19-09-2023 2023-00449163 PDF
31-12-2021 full format 21-09-2022 2022-20432516 PDF
31-12-2020 full format 20-07-2021 2021-37800234 PDF
31-12-2019 full format 08-09-2020 2020-51700123 PDF
31-12-2018 full format 17-10-2019 2019-70800583 PDF
30-06-2017 full format 21-06-2018 2018-20900347 PDF
30-06-2016 full format 25-07-2017 2017-35800094 PDF

Show all 11 filings

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