The safe solution
Annual accounts 2025
abbreviated format, filed on 29-08-2026, 29 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €42,000. Estimated: probably between €20,000 and €85,000.
Balance sheet
balance sheet total €215,016 on 31-12-2025in euro
in euro
Position in the sector
100.0%
Higher than 95% of 2,828 companies in 2025.
-
Higher than 95% of 2,203 companies in 2024.
-1.4%
Higher than 20% of 2,776 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
215,016 | 221,248 | 219,849 | 216,520 | 214,973 | 213,836 | 209,646 | 210,171 | 202,647 | 201,899 | 191,962 | 189,081 | 184,519 | 182,536 | |
21/28 |
40,945 | 51,765 | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
40,945 | 51,765 | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
40,945 | 51,765 | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
174,071 | 169,482 | 219,849 | 216,520 | 214,973 | 213,836 | 209,646 | 210,171 | 202,647 | 201,899 | 191,962 | 189,081 | 184,519 | 182,536 | |
3 |
16,657 | 32,613 | 47,081 | 34,119 | 16,614 | 24,864 | 30,265 | 27,366 | 13,714 | 12,627 | 18,915 | 13,126 | 18,000 | 25,492 | |
30/36 |
16,657 | 32,613 | 47,081 | 34,119 | 16,614 | 24,864 | 30,265 | 27,366 | 13,714 | 12,627 | 18,915 | 13,126 | 18,000 | 25,492 | |
40/41 |
83 | 169 | - | 34,478 | 29,242 | 28,354 | 59,528 | 25,298 | 31,275 | 22,093 | 195 | 37,223 | 50,985 | 76,856 | |
40 |
- | 169 | - | 33,631 | 29,242 | 28,354 | 58,930 | 25,298 | 31,275 | 22,093 | 195 | 37,223 | 50,985 | 76,856 | |
41 |
83 | - | - | 846 | - | - | 598 | - | - | - | - | - | - | - | |
54/58 |
157,332 | 136,700 | 172,767 | 147,924 | 169,117 | 160,618 | 119,854 | 157,507 | 157,658 | 167,178 | 172,852 | 138,732 | 115,534 | 80,188 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
215,016 | 221,248 | 219,849 | 216,520 | 214,973 | 213,836 | 209,646 | 210,171 | 202,647 | 201,899 | 191,962 | 189,081 | 184,519 | 182,536 | |
10/15 |
214,993 | 217,970 | 215,613 | 214,537 | 212,474 | 209,808 | 207,151 | 206,694 | 201,371 | 197,304 | 190,964 | 185,327 | 182,063 | 178,457 | |
10/11 |
180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | |
10 |
180,000 | 180,000 | 180,000 | 180,000 | 180,000 | - | - | - | - | - | - | - | - | - | |
100 |
180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | |
13 |
34,993 | 37,970 | 35,613 | 34,537 | 32,474 | 29,808 | 27,151 | 26,694 | 21,371 | 17,304 | 10,964 | 5,327 | 2,063 | - | |
130/1 |
18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | - | - | - | - | - | - | - | - | |
130 |
18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 17,304 | 10,964 | 5,327 | 2,063 | - | |
133 |
16,993 | 19,970 | 17,613 | 16,537 | 14,474 | 11,808 | 9,151 | 8,694 | 3,371 | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -1,543 | |
17/49 |
23 | 3,277 | 4,236 | 1,983 | 2,499 | 4,027 | 2,495 | 3,477 | 1,276 | 4,595 | 998 | 3,755 | 2,456 | 4,079 | |
42/48 |
23 | 3,277 | 4,236 | 1,983 | 2,499 | 4,027 | 2,495 | 3,477 | 1,276 | 4,595 | 998 | 3,755 | 2,456 | 4,079 | |
44 |
- | - | - | 454 | 172 | 172 | 1,815 | 685 | 547 | 354 | 118 | 540 | 82 | 1,005 | |
440/4 |
- | - | - | 454 | 172 | 172 | 1,815 | 685 | 547 | 354 | 118 | 540 | 82 | 1,005 | |
45 |
- | 3,254 | 3,366 | 736 | 1,610 | 3,216 | 118 | 2,792 | 729 | 4,241 | 880 | 3,215 | 2,373 | 3,074 | |
450/3 |
- | 3,254 | 3,366 | 736 | 1,610 | 3,216 | 118 | 2,792 | 729 | 4,241 | 880 | 3,215 | 2,373 | 3,074 | |
47/48 |
23 | 23 | 870 | 793 | 716 | 639 | 562 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
7,222 | 4,944 | 1,615 | 2,973 | 3,804 | 3,633 | 6,916 | 7,349 | 5,985 | 7,882 | 8,104 | 5,511 | 4,838 | -654 | |
630 |
10,820 | 2,336 | - | - | - | - | - | - | - | - | - | - | - | - | |
631/4 |
- | - | - | - | - | - | 6,306 | - | - | - | - | - | - | - | |
640/8 |
128 | 176 | 115 | 112 | 111 | 109 | 107 | 453 | 465 | 451 | 450 | 449 | 446 | 865 | |
9901 |
-3,726 | 2,433 | 1,500 | 2,861 | 3,693 | 3,524 | 503 | 6,896 | 5,520 | 7,431 | 7,654 | 5,062 | 4,392 | -1,519 | |
75/76B |
1,012 | 877 | 124 | 90 | 89 | 144 | 162 | 138 | 68 | 862 | - | - | - | 111 | |
75 |
830 | 877 | 124 | 90 | 89 | 144 | 162 | 138 | 68 | 862 | - | - | - | 111 | |
76B |
182 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
138 | 105 | 138 | 138 | 147 | 20 | 152 | 137 | 138 | 123 | 101 | 96 | 99 | 135 | |
65 |
138 | 105 | 138 | 138 | 147 | 20 | 152 | 137 | 138 | 123 | 101 | 96 | 99 | 135 | |
9903 |
-2,853 | 3,204 | 1,486 | 2,812 | 3,636 | 3,647 | 513 | 6,897 | 5,449 | 8,170 | 7,553 | 4,966 | 4,293 | -1,543 | |
67/77 |
125 | 846 | 410 | 750 | 969 | 990 | 55 | 1,574 | 1,382 | 1,830 | 1,916 | 1,702 | 687 | - | |
9904 |
-2,977 | 2,358 | 1,076 | 2,063 | 2,666 | 2,657 | 457 | 5,322 | 4,067 | 6,340 | 5,637 | 3,264 | 3,606 | -1,543 | |
9905 |
-2,977 | 2,358 | 1,076 | 2,063 | 2,666 | 2,657 | 457 | 5,322 | 4,067 | 6,340 | 5,637 | 3,264 | 3,606 | -1,543 | |
| Appropriation of the result | |||||||||||||||
9906 |
-2,977 | 2,358 | 1,076 | 2,063 | 2,666 | 2,657 | 457 | 5,322 | 4,067 | 6,340 | 5,637 | 3,264 | 2,063 | -1,543 | |
791/2 |
2,977 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 2,358 | 1,076 | 2,063 | 2,666 | 2,657 | 457 | 5,322 | 4,067 | 6,340 | 5,637 | 3,264 | 2,063 | - | |
6920 |
- | - | - | - | - | - | - | - | 696 | 6,340 | 5,637 | 3,264 | 2,063 | - | |
6921 |
- | 2,358 | 1,076 | 2,063 | 2,666 | 2,657 | 457 | 5,322 | 3,371 | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 3 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 29-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451608.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-08-2026 | 2026-00451608 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00381471 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00217576 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00353655 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20217065 | |
| 31-12-2020 | micro format | 09-08-2021 | 2021-46700183 | |
| 31-12-2019 | micro format | 15-09-2020 | 2020-53000057 | |
| 31-12-2018 | abbreviated format | 09-10-2019 | 2019-69100407 | |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-66000026 | |
| 31-12-2016 | abbreviated format | 27-09-2017 | 2017-64000277 | |
| 31-12-2015 | abbreviated format | 23-07-2016 | 2016-35700311 | |
| 31-12-2014 | abbreviated format | 24-07-2015 | 2015-35000277 | |
| 31-12-2013 | abbreviated format | 23-07-2014 | 2014-34100248 | |
| 31-12-2012 | abbreviated format | 29-07-2013 | 2013-36600324 |
Subsidies and aid
Flemish government 2024, 1 entry, €117 awarded, €117 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,094 | 4,768 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 7,843 | 4,693 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 0 | 54,101 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 20,632 | -36,067 | 24,843 | -21,193 | 8,500 | 40,764 | -37,653 | -151 | -9,520 | -5,673 | 34,120 | 23,198 | 35,346 | - | ||
| 174,048 | 166,205 | 215,613 | 214,537 | 212,474 | 209,808 | 207,151 | 206,694 | 201,371 | 197,304 | 190,964 | 185,327 | 182,063 | 178,457 | ||
| 100.0% | 98.5% | 98.1% | 99.1% | 98.8% | 98.1% | 98.8% | 98.3% | 99.4% | 97.7% | 99.5% | 98.0% | 98.7% | 97.8% | ||
| - | 51.72 | 51.90 | - | 86.03 | 53.09 | 84.01 | 60.44 | - | 43.94 | - | 50.36 | 75.14 | 44.75 | ||
| - | 41.76 | 40.79 | 91.97 | 79.38 | 46.92 | 71.88 | 52.57 | - | 41.19 | - | 46.86 | 67.81 | 38.50 | ||
| 0.00 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | ||
| -1.4% | 1.1% | 0.5% | 1.0% | 1.3% | 1.3% | 0.2% | 2.6% | 2.0% | 3.2% | 3.0% | 1.8% | 2.0% | -0.9% | ||
| -1.4% | 1.1% | 0.5% | 1.0% | 1.2% | 1.2% | 0.2% | 2.5% | 2.0% | 3.1% | 2.9% | 1.7% | 2.0% | -0.8% | ||
| 51.35 | 45.31 | - | - | - | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €215,016, equity €214,993).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €54,101 | - | - | - |
| €10,820 | €2,336 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on The safe solution
The operating result for 2025 is a loss of €3,726, after a profit of €2,433 in 2024. It is the lowest result since 2012.
Debt's share of the balance-sheet total falls from 1.5% to 0.0%. Equity and debt are lower.