Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457543.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
Equity
€188,101▲ 55×
2024 · €3,420
Net result
€184,680
2024 · -€1,580
Total assets
€232,613▲ 68×
2024 · €3,420
Solvency
80.9%▼ 19.1pp
2024 · 100.0%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€269,858
2025
20242025
Net result
€184,680
2025
highest quarter of the sector
20242025
Equity
€188,101
▲ 55×
2025
middle half of the sector
20242025
Total assets
€232,613
▲ 68×
2025
middle half of the sector
20242025
Debt
€44,512
2025
20242025
Working capital
€185,834
2025
highest quarter of the sector
20242025
Solvency
80.9%
▼ 19.1pp
2025
highest quarter of the sector
20242025
Current ratio
5.17
2025
highest quarter of the sector
20242025
Return on assets (ROA)
79.4%
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€1,580-€269,858
Net result-€1,580below the sector's middle half-€184,680above the sector's middle half
Equity€3,420below the sector's middle half-€188,101within the sector's middle half▲ 55×
Total assets€3,420below the sector's middle half-€232,613within the sector's middle half▲ 68×
Debt€44,512
Working capital€185,834above the sector's middle half
Solvency100.0%above the sector's middle half-80.9%above the sector's middle half▼ 19.1pp
Current ratio5.17above the sector's middle half
Return on assets (ROA)79.4%above the sector's middle half
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 operating result for 2025 is a profit of €269,858, after a loss of €1,580 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €232,613
Fixed assets
€2,267
Current assets
€230,345
Equity and liabilities €232,613
Equity
€188,101
Debt
€44,512
Debt's share of the balance-sheet total is 19.1%.
Key figures and ratios
ROE
98.2%
Debt ≤ 1 year
€44,512
Income taxes
€84,356
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €2,269 |
| Depreciation and write-downs of the year | - | €2 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2 | - |
| Other operating charges640/8 | €50 | €128 | ▲ 156% |
| Gross operating margin9900 | -€1,530 | €269,988 | - |
| Operating profit (loss)9901 | -€1,580 | €269,858 | - |
| Financial charges65/66B | - | €822 | - |
| Recurring financial charges65 | - | €822 | - |
| Profit (loss) for the period before taxes9903 | -€1,580 | €269,036 | - |
| Income taxes67/77 | - | €84,356 | - |
| Profit (loss) for the period9904 | -€1,580 | €184,680 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,580 | €184,680 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3,420 | €232,613 | ▲ 68× |
| Fixed assets21/28 | - | €2,267 | - |
| Tangible fixed assets22/27 | - | €2,267 | - |
| Plant, machinery and equipment23 | - | €2,267 | - |
| Current assets29/58 | €3,420 | €230,345 | ▲ 67× |
| Amounts receivable within one year40/41 | €272 | €38,105 | ▲ 140× |
| Trade receivables40 | €272 | €38,105 | ▲ 140× |
| Cash at bank and in hand54/58 | €3,148 | €192,240 | ▲ 61× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3,420 | €232,613 | ▲ 68× |
| Equity10/15 | €3,420 | €188,101 | ▲ 55× |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | - | €183,101 | - |
| Distributable reserves133 | - | €183,101 | - |
| Profit (loss) carried forward14 | -€1,580 | €0 | - |
| Amounts payable17/49 | - | €44,512 | - |
| Amounts payable within one year42/48 | - | €44,512 | - |
| Trade debts44 | - | €3,033 | - |
| Suppliers440/4 | - | €3,033 | - |
| Taxes, remuneration and social security45 | - | €41,164 | - |
| Taxes450/3 | - | €38,414 | - |
| Remuneration and social security454/9 | - | €2,750 | - |
| Other amounts payable47/48 | - | €315 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,580 | €184,680 | - |
| + Depreciation and write-downs630 | - | €2 | - |
| Operating cash flow (approximation) | -€1,580 | €184,682 | - |
| Change in cash | - | €189,092 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.