THE WEB DEVELOPER
Dissolved and wound upFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 01-10-2026 at the NBB all 13 filings
Equity
€5,418▼ 80.7%
2025 · €28,112
Total assets
€11,926▼ 63.8%
2025 · €32,938
Net result
-€22,694▼ 29.5%
2025 · -€17,523
Working capital
€5,418▼ 80.7%
2025 · €28,112
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
-€22,640
▼ 29.6%
2026
20192026
Net result
-€22,694
▼ 29.5%
2026
20192026
Equity
€5,418
▼ 80.7%
2026
20192026
Total assets
€11,926
▼ 63.8%
2026
20192026
Debt
€6,508
▲ 34.8%
2026
20192026
Working capital
€5,418
▼ 80.7%
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result-€414--€3,684▼ 790%-€6,935▼ 88.3%-€20,331▼ 193%-€17,561▲ 13.6%-€17,223▲ 1.9%-€17,469▼ 1.4%-€22,640▼ 29.6%
Net result-€7,909-€4,390-€7,007-€20,398▼ 191%-€17,625▲ 13.6%-€17,277▲ 2.0%-€17,523▼ 1.4%-€22,694▼ 29.5%
Equity€103,552-€107,942▲ 4.2%€100,935▼ 6.5%€80,537▼ 20.2%€62,912▼ 21.9%€45,635▼ 27.5%€28,112▼ 38.4%€5,418▼ 80.7%
Total assets€107,781-€117,734▲ 9.2%€107,070▼ 9.1%€87,520▼ 18.3%€72,591▼ 17.1%€55,947▼ 22.9%€32,938▼ 41.1%€11,926▼ 63.8%
Debt€4,229-€9,792▲ 132%€6,135▼ 37.3%€6,984▲ 13.8%€9,679▲ 38.6%€10,312▲ 6.5%€4,826▼ 53.2%€6,508▲ 34.8%
Working capital€102,083-€106,336▲ 4.2%€99,907▼ 6.0%€80,086▼ 19.8%€62,686▼ 21.7%€45,635▼ 27.2%€28,112▼ 38.4%€5,418▼ 80.7%
The operating result for 2026 is a loss of €22,640, larger than the loss of €17,469 in 2025. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €11,926
Equity
€5,418 ▼ 80.7%
Debt
€6,508 ▲ 34.8%
Debt's share of the balance-sheet total rises from 14.7% to 54.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.83▼
2025 · 6.83
Debt to equity
1.20▲
2025 · 0.17
ROE
-418.9%▼
2025 · -62.3%
ROA
-190.3%▼
2025 · -53.2%
Debt ≤ 1 year
€6,508▲
2025 · €4,826
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 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €764 | €989 | €578 | €577 | €225 | €225 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €500 | €132 | €132 | €169 | €1,215 | ▲ 621% |
| Gross operating margin9900 | €1,335 | -€2,137 | -€5,869 | -€19,254 | -€17,204 | -€16,866 | -€17,301 | -€21,425 | ▼ 23.8% |
| Operating profit (loss)9901 | -€414 | -€3,684 | -€6,935 | -€20,331 | -€17,561 | -€17,223 | -€17,469 | -€22,640 | ▼ 29.6% |
| Financial charges65/66B | - | - | - | €67 | €64 | €54 | €54 | €54 | ▲ 0.3% |
| Recurring financial charges65 | €67 | €72 | €72 | €67 | €64 | €54 | €54 | €54 | ▲ 0.3% |
| Profit (loss) for the period before taxes9903 | -€82 | -€3,756 | -€7,007 | -€20,398 | -€17,625 | -€17,277 | -€17,523 | -€22,694 | ▼ 29.5% |
| Income taxes67/77 | €7,827 | -€8,145 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€7,909 | €4,390 | -€7,007 | -€20,398 | -€17,625 | -€17,277 | -€17,523 | -€22,694 | ▼ 29.5% |
| Profit (loss) for the period to be appropriated9905 | -€7,909 | €4,390 | -€7,007 | -€20,398 | -€17,625 | -€17,277 | -€17,523 | -€22,694 | ▼ 29.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €107,781 | €117,734 | €107,070 | €87,520 | €72,591 | €55,947 | €32,938 | €11,926 | ▼ 63.8% |
| Fixed assets21/28 | €1,469 | €1,605 | €1,028 | €450 | €225 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1,469 | €1,605 | €1,028 | €450 | €225 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €450 | €225 | €0 | - | - | - |
| Current assets29/58 | €106,312 | €116,128 | €106,042 | €87,070 | €72,365 | €55,947 | €32,938 | €11,926 | ▼ 63.8% |
| Amounts receivable within one year40/41 | €176 | €10,672 | €258 | - | €174 | €556 | €626 | - | - |
| Other amounts receivable41 | - | - | - | - | €174 | €556 | €626 | - | - |
| Cash at bank and in hand54/58 | €105,733 | €105,456 | €105,784 | €87,070 | €72,191 | €55,391 | €32,312 | €11,926 | ▼ 63.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €107,781 | €117,734 | €107,070 | €87,520 | €72,591 | €55,947 | €32,938 | €11,926 | ▼ 63.8% |
| Equity10/15 | €103,552 | €107,942 | €100,935 | €80,537 | €62,912 | €45,635 | €28,112 | €5,418 | ▼ 80.7% |
| Contributions10/11 | €15,000 | €15,000 | - | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €86,652 | €91,042 | €84,035 | €63,637 | €46,012 | €28,735 | €11,212 | -€11,482 | - |
| Amounts payable17/49 | €4,229 | €9,792 | €6,135 | €6,984 | €9,679 | €10,312 | €4,826 | €6,508 | ▲ 34.8% |
| Amounts payable within one year42/48 | €4,229 | €9,792 | €6,135 | €6,984 | €9,679 | €10,312 | €4,826 | €6,508 | ▲ 34.8% |
| Trade debts44 | €1,267 | €3,547 | - | €1,457 | €3,647 | €4,260 | - | €478 | - |
| Suppliers440/4 | - | - | - | €1,457 | €3,647 | €4,260 | - | €478 | - |
| Other amounts payable47/48 | - | - | - | €5,527 | €6,032 | €6,052 | €4,826 | €6,030 | ▲ 24.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,909 | €4,390 | -€7,007 | -€20,398 | -€17,625 | -€17,277 | -€17,523 | -€22,694 | ▼ 29.5% |
| + Depreciation and write-downs630 | €764 | €989 | €578 | €577 | €225 | €225 | €0 | - | - |
| Operating cash flow (approximation) | -€7,145 | €5,379 | -€6,429 | -€19,821 | -€17,400 | -€17,052 | -€17,523 | -€22,694 | ▼ 29.5% |
| Investment in fixed assets (approximation) | - | -€1,126 | €0 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | -€278 | €328 | -€18,714 | -€14,879 | -€16,801 | -€23,079 | -€20,386 | ▲ 11.7% |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 01-10-2026 | 2026-00552280 | |
| 31-03-2025 | micro format | 31-10-2025 | 2025-00556244 | |
| 31-03-2024 | micro format | 31-10-2024 | 2024-00522968 | |
| 31-03-2023 | micro format | 27-11-2023 | 2023-00516396 | |
| 31-03-2022 | micro format | 10-11-2022 | 2022-20518245 | |
| 31-03-2021 | micro format | 29-10-2021 | 2021-75800207 | |
| 31-03-2020 | micro format | 30-11-2020 | 2020-73200361 | |
| 31-03-2019 | micro format | 30-10-2019 | 2019-71600529 | |
| 31-03-2018 | micro format | 23-10-2018 | 2018-69700372 | |
| 31-03-2017 | micro format | 30-10-2017 | 2017-68000299 |