T4BE
InactiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, full format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 23-12-2025
- Filed on
- 16-02-2026
- Format
- full format
- Reference
- 2026-00039042
Turnover
€0▼ 100%
2024 · €450,000
EBIT margin
87.4%▲ 57.0pp
2023 · 30.4%
Net result
-€1.4m
2024 · €484,981
Working capital
-€4.7m▼ 463%
2024 · -€834,926
Trend over the years
2021 to 2025, 5 financial years
The operating result for 2025 is a loss of €12,761, after a profit of €393,391 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Turnover€0
2025
Operating result-€0.01m
2025
Net result-€1.4m
2025
Assets, equity and debt per financial year.
Total assets€4.7m
2025
Equity€0
2025
Debt€4.7m
2025
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital-€4.7m
2025
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
EBIT margin87.4%
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.0m-€0.9m▼ 9.3%€0.8m▼ 5.8%€0.5m▼ 46.3%€0▼ 100%
Operating result€0.2m--€0.01m€0.3m€0.4m▲ 54.6%-€0.01m
Net result€0.3m-€0.05m▼ 84.0%€0.3m▲ 547%€0.5m▲ 48.6%-€1.4m
EBIT margin21.2%--1.6%▼ 22.8pp30.4%▲ 31.9pp87.4%▲ 57.0pp
Equity€2.1m-€2.2m▲ 2.4%€2.5m▲ 14.9%€3.0m▲ 19.3%€0▼ 100%
Total assets€6.6m-€6.5m▼ 0.7%€6.6m▲ 0.5%€6.4m▼ 2.2%€4.7m▼ 26.7%
Debt€4.4m-€4.3m▼ 2.2%€4.0m▼ 6.7%€3.4m▼ 15.6%€4.7m▲ 37.7%
Working capital-€0.09m--€0.6m▼ 610%-€0.8m▼ 29.0%-€0.8m▼ 0.6%-€4.7m▼ 463%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets
€4.7m ▼ 24.8%
Current assets
€1,803 ▼ 98.9%
Key figures and ratios
Solvency
0.0%▼
2024 · 46.8%
Current ratio
0.00▼
2024 · 0.17
ROA
-29.4%▼
2024 · 7.6%
Debt ≤ 1 year
€4.7m▲
2024 · €1.0m
Debt > 1 year
€0▼
2024 · €2.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.0m | €0.9m | €0.8m | €0.5m | €0 | ▼ 100% |
| Turnover70 | €1.0m | €0.9m | €0.8m | €0.5m | €0 | ▼ 100% |
| Operating charges60/66A | €0.8m | €0.9m | €0.6m | €0.06m | €0.01m | ▼ 77.5% |
| Services and other goods61 | €0.8m | €0.5m | €0.6m | €0.06m | €0.01m | ▼ 77.9% |
| Other operating charges640/8 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 55.4% |
| Non-recurring operating charges66A | - | €0.4m | €0 | - | - | - |
| Operating profit (loss)9901 | €0.2m | -€0.01m | €0.3m | €0.4m | -€0.01m | - |
| Financial income75/76B | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Recurring financial income75 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Income from financial fixed assets750 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Other financial income752/9 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €0.2m | €0.3m | €0.3m | €0.3m | €1.7m | ▲ 565% |
| Recurring financial charges65 | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 33.6% |
| Debt charges650 | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 33.6% |
| Other financial charges652/9 | €0.006m | €398 | €6 | €99 | €54 | ▼ 45.7% |
| Non-recurring financial charges66B | - | - | - | - | €1.5m | - |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.05m | €0.3m | €0.5m | -€1.4m | - |
| Profit (loss) for the period9904 | €0.3m | €0.05m | €0.3m | €0.5m | -€1.4m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.05m | €0.3m | €0.5m | -€1.4m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.6m | €6.5m | €6.6m | €6.4m | €4.7m | ▼ 26.7% |
| Fixed assets21/28 | €6.3m | €6.3m | €6.3m | €6.3m | €4.7m | ▼ 24.8% |
| Financial fixed assets28 | €6.3m | €6.3m | €6.3m | €6.3m | €4.7m | ▼ 24.8% |
| Affiliated companies280/1 | €6.3m | €6.3m | €6.3m | €6.3m | €4.7m | ▼ 24.8% |
| Participating interests280 | €6.3m | €6.3m | €6.3m | €6.3m | €4.7m | ▼ 24.8% |
| Current assets29/58 | €0.3m | €0.3m | €0.3m | €0.2m | €0.002m | ▼ 98.9% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.3m | €0.2m | €0.002m | ▼ 98.9% |
| Trade receivables40 | €0.3m | €0.2m | €0.3m | €0.2m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | - | €0.002m | - |
| Cash at bank and in hand54/58 | €0.02m | €0.08m | €0.01m | €0.005m | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.6m | €6.5m | €6.6m | €6.4m | €4.7m | ▼ 26.7% |
| Equity10/15 | €2.1m | €2.2m | €2.5m | €3.0m | €0 | ▼ 100% |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €0 | ▼ 100% |
| Reserves13 | €0.3m | €0.4m | €0.7m | €1.2m | €0 | ▼ 100% |
| Distributable reserves133 | €0.3m | €0.4m | €0.7m | €1.2m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0.001m | €12 | €411 | €393 | €0 | ▼ 100% |
| Amounts payable17/49 | €4.4m | €4.3m | €4.0m | €3.4m | €4.7m | ▲ 37.7% |
| Amounts payable after more than one year17 | €4.0m | €3.3m | €2.9m | €2.4m | €0 | ▼ 100% |
| Financial debts170/4 | €4.0m | €3.3m | €2.9m | €2.4m | €0 | ▼ 100% |
| Subordinated loans170 | €2.6m | €0 | - | - | - | - |
| Credit institutions173 | €1.4m | €0 | - | - | - | - |
| Other loans174 | - | €3.3m | €2.9m | €2.4m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.4m | €0.9m | €1.1m | €1.0m | €4.7m | ▲ 369% |
| Current portion of amounts payable after more than one year42 | €0.3m | €0.8m | €0.5m | €0.5m | €0 | ▼ 100% |
| Trade debts44 | €0.1m | €0.08m | €0.07m | €0.001m | €0 | ▼ 100% |
| Suppliers440/4 | €0.1m | €0.08m | €0.07m | €0.001m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €142 | €0.007m | €0.009m | €0.08m | €0 | ▼ 100% |
| Taxes450/3 | €142 | €0.007m | €0.009m | €0.08m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €0.6m | €0.4m | €4.7m | ▲ 991% |
| Accrued charges and deferred income492/3 | €0.006m | €0.07m | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.05m | €0.3m | €0.5m | -€1.4m | - |
| Operating cash flow (approximation) | €0.3m | €0.05m | €0.3m | €0.5m | -€1.4m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €1.5m | - |
| Change in cash | - | €0.06m | -€0.07m | -€0.009m | -€0.005m | ▲ 41.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 23-12-2025 | full format | 16-02-2026 | 2026-00039042 | |
| 31-12-2024 | full format | 26-05-2025 | 2025-00106059 | |
| 31-12-2023 | full format | 27-05-2024 | 2024-00097036 | |
| 31-12-2022 | full format | 27-06-2023 | 2023-00162996 | |
| 31-12-2021 | full format | 19-07-2022 | 2022-20199173 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.