TRUE ODDS (0456.565.736): financials and annual accounts

TRUE ODDS

Antwerp ·KBO/BCE: BE 0456.565.736

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	234,389	227,824	206,792	190,900	201,390	195,329	175,399	143,818	27,812	28,405	21,242	19,684	20,275	24,105	98,658	102,399	26,747	29,702	23,587
Fixed assets`21/28`	28,953	29,426	29,898	30,370	30,843	31,315	31,788	27,536	27,536	-	2,536	2,536	2,536	2,536	23,394	23,394	2,829	3,020	3,235
Tangible fixed assets`22/27`	1,417	1,890	2,362	2,834	3,307	3,779	4,252	-	-	-	-	-	-	-	-	-	293	509	724
Plant, machinery and equipment`23`	1,417	1,890	2,362	2,834	3,307	3,779	4,252	-	-	-	-	-	-	-	-	-	-	98	196
Furniture and vehicles`24`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	40
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	293	391	488
Financial fixed assets`28`	27,536	27,536	27,536	27,536	27,536	27,536	27,536	27,536	27,536	27,536	2,536	2,536	2,536	2,536	23,394	23,394	2,536	2,511	2,511
Current assets`29/58`	205,436	198,399	176,894	160,530	170,547	164,014	143,612	116,282	276	869	18,706	17,148	17,739	21,569	75,263	79,004	23,918	26,683	20,352
Amounts receivable within one year`40/41`	203,118	192,873	173,244	157,528	168,535	160,244	138,502	110,581	-	206	18,706	17,148	17,739	2,452	2,405	2,348	2,000	8,501	2,387
Trade receivables`40`	25,774	34,238	48,748	33,909	29,684	49,758	28,016	110,581	-	-	-	-	-	-	-	-	-	679	-
Other amounts receivable`41`	177,344	158,635	124,496	123,619	138,851	110,486	110,486	-	-	206	18,706	17,148	17,739	2,452	2,405	2,348	2,000	7,822	2,387
Cash at bank and in hand`54/58`	2,318	5,526	3,650	3,002	2,012	3,770	5,110	5,701	276	663	-	-	-	19,118	72,858	76,656	21,918	18,181	17,965
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	234,389	227,824	206,792	190,900	201,390	195,329	175,399	143,818	27,812	28,405	21,242	19,684	20,275	24,105	98,658	102,399	26,747	29,702	23,587
Equity`10/15`	182,639	174,209	154,955	140,233	126,438	112,297	98,358	59,359	-23,270	-7,946	20,728	19,684	20,275	23,077	24,497	26,233	-50,085	-62,947	-78,490
Contributions`10/11`	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	-	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000
Capital`10`	74,000	74,000	74,000	74,000	74,000	-	-	-	-	74,000	-	-	-	-	-	-	-	-	-
Issued capital`100`	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000	74,000
Profit (loss) carried forward`14`	108,639	100,209	80,955	66,233	52,438	38,297	24,358	-14,641	-97,270	-81,946	-53,272	-54,316	-53,725	-50,923	-49,503	-47,767	-124,085	-136,947	-152,490
Amounts payable`17/49`	51,750	53,616	51,837	50,668	74,952	83,032	77,042	84,459	51,081	36,351	514	-	-	1,028	74,160	76,166	76,832	92,649	102,077
Amounts payable after more than one year`17`	40,000	40,000	40,000	40,000	64,593	64,593	64,593	64,593	49,593	-	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	40,000	40,000	40,000	40,000	64,593	64,593	64,593	64,593	49,593	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	11,750	13,616	11,837	10,668	10,359	18,439	12,449	19,866	1,488	36,351	514	-	-	191	74,160	76,166	76,832	92,649	102,060
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	-	-
Trade debts`44`	8,681	975	6,415	499	108	1,129	108	4,824	1,488	2,758	514	-	-	-	-	2,006	30	679	42
Suppliers`440/4`	8,681	975	6,415	499	108	1,129	108	4,824	1,488	2,758	514	-	-	-	-	2,006	30	679	42
Taxes, remuneration and social security`45`	3,069	12,640	5,422	10,169	10,251	17,311	12,341	11,466	-	-	-	-	-	-	-	-	3,036	2,952	-
Taxes`450/3`	3,069	12,640	5,422	10,169	10,251	17,311	12,341	11,466	-	-	-	-	-	-	-	-	-	-	-
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,036	2,952	-
Other amounts payable`47/48`	-	-	-	-	-	-	-	3,576	-	33,593	-	-	-	150	74,160	74,160	73,766	89,018	102,018
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	837	-	-	-	-	17
Income statement
Gross operating margin`9900`	12,967	27,665	21,322	19,919	16,780	32,726	60,928	97,213	-2,068	-2,895	-514	-154	-273	-	-2,020	1,358	13,143	19,743	21,391
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	2,895	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	472	472	472	472	472	472	472	-	-	-	-	-	-	-	-	-	216	216	216
Other operating charges`640/8`	520	505	493	450	449	13,051	13,549	14,455	12,964	25,684	438	438	404	1,632	-	253	269	4,156	588
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	2,289	-	-	-	-	-	-
Operating profit (loss)`9901`	11,975	26,687	20,356	18,997	15,859	19,203	46,907	82,758	-15,031	-28,579	-951	-591	-676	-1,632	-2,020	1,105	12,658	15,371	20,587
Financial income`75/76B`	-	-	-	-	3,596	-	3,555	-	27	-	1,996	-	205	310	381	279	397	375	564
Recurring financial income`75`	-	-	-	-	3,596	-	3,555	-	27	-	1,996	-	205	310	381	279	397	375	564
Financial charges`65/66B`	475	215	211	180	166	161	294	129	320	-	-	-	42	98	97	509	193	203	191
Recurring financial charges`65`	475	215	211	180	166	161	294	129	320	95	-	-	42	98	97	509	193	203	191
Profit (loss) for the period before taxes`9903`	11,499	26,472	20,145	18,816	19,289	19,042	50,168	82,629	-15,324	-28,674	1,045	-591	-2,802	-1,421	-1,736	874	12,862	15,543	20,960
Income taxes`67/77`	3,069	7,218	5,422	5,022	5,148	5,103	11,169	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	8,431	19,254	14,723	13,795	14,141	13,939	38,998	82,629	-15,324	-28,674	1,045	-591	-2,802	-1,421	-1,736	874	12,862	15,543	20,960
Profit (loss) for the period to be appropriated`9905`	8,431	19,254	14,723	13,795	14,141	13,939	38,998	82,629	-15,324	-28,674	1,045	-591	-2,802	-1,421	-1,736	874	12,862	15,543	20,960
Appropriation of the result
Profit (loss) to be appropriated`9906`	108,639	100,209	80,955	66,233	52,438	38,297	24,358	-14,641	-97,270	-81,946	-53,272	-54,316	-53,725	-50,923	-49,503	-47,767	-124,085	-136,947	-152,490
Profit (loss) brought forward from the previous period`14P`	100,209	80,955	66,233	52,438	38,297	-	-	-	-	-53,272	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00488440	PDF
31-12-2024	micro format	31-07-2025	2025-00351025	PDF
31-12-2023	micro format	30-09-2024	2024-00485342	PDF
31-12-2022	micro format	31-07-2023	2023-00295933	PDF
31-12-2021	micro format	31-08-2022	2022-20373340	PDF
31-12-2020	micro format	29-12-2021	2021-82200023	PDF
31-12-2019	micro format	30-11-2020	2020-73600387	PDF
31-12-2018	micro format	24-12-2019	2019-77500512	PDF
31-12-2017	micro format	31-08-2018	2018-60000010	PDF
30-06-2016	abbreviated format	04-01-2018	2018-00500280	PDF
30-06-2015	abbreviated format	29-01-2016	2016-03400507	PDF
30-06-2014	abbreviated format	25-09-2015	2015-60200423	PDF
30-06-2013	abbreviated format	28-02-2014	2014-05700169	PDF
30-06-2012	abbreviated format	27-03-2013	2013-07500572	PDF
30-06-2011	abbreviated format	11-06-2012	2012-16500479	PDF
30-06-2010	abbreviated format	11-06-2012	2012-16500478	PDF
31-12-2008	abbreviated format	17-07-2009	2009-43700381	PDF
31-12-2007	abbreviated format	12-08-2008	2008-55100238	PDF
31-12-2006	abbreviated format	20-08-2007	2007-56700094	PDF
31-12-2005	abbreviated format	27-06-2006	2006-31701062	PDF
31-12-2004	abbreviated format	01-07-2005	2005-40103679	PDF
31-12-2003	abbreviated format	10-08-2004	2004-59302246	PDF
31-12-2002	abbreviated format	15-07-2003	2003-44800722	PDF
31-12-2001	abbreviated format	12-07-2002	2002-37302197	PDF
31-12-2000	abbreviated format	06-07-2001	2001-34802393	PDF
31-12-1999	abbreviated format	30-06-2000	2000-34003625	PDF
31-12-1998	abbreviated format	30-06-1999	1999-27203110	PDF
31-12-1997	abbreviated format	05-08-1998	1998-39003744	PDF
31-12-1996	abbreviated format	10-11-1997	1997-51902822	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2008	2007	2006
EBITDA	12,447	27,159	20,828	19,469	16,332	19,676	47,379	-	-	-	-	-	-	-	-	-	12,874	15,587	20,803
Cash flow	8,903	19,726	15,195	14,267	14,613	14,412	39,471	-	-	-	-	-	-	-	-	-	13,078	15,759	21,176
Investment in fixed assets (approximation)	0	0	0	0	0	0	4,724	-	-	25,000	-	-	-	-	-	20,859	25	0	-
Change in cash	-3,208	1,876	648	990	-1,758	-1,340	-591	5,425	-387	-	-	-	-	-53,740	-3,798	-	3,737	216	-
Working capital	193,686	184,783	165,057	149,862	160,188	145,575	131,163	96,416	-1,213	-35,482	18,192	-	-	21,378	1,103	2,839	-52,914	-65,967	-81,708
Solvency	77.9%	76.5%	74.9%	73.5%	62.8%	57.5%	56.1%	41.3%	-83.7%	-28.0%	97.6%	100.0%	100.0%	95.7%	24.8%	25.6%	-187.3%	-211.9%	-332.8%
Current ratio	17.48	14.57	14.94	15.05	16.46	8.89	11.54	5.85	0.19	0.02	36.42	-	-	-	1.01	1.04	0.31	0.29	0.20
Debt to equity	0.28	0.31	0.33	0.36	0.59	0.74	0.78	1.42	-	-	0.02	-	-	0.04	3.03	2.90	-	-	-
ROE	4.6%	11.1%	9.5%	9.8%	11.2%	12.4%	39.6%	139.2%	-	-	5.0%	-3.0%	-13.8%	-6.2%	-7.1%	3.3%	-	-	-
ROA	3.6%	8.5%	7.1%	7.2%	7.0%	7.1%	22.2%	57.5%	-55.1%	-100.9%	4.9%	-3.0%	-13.8%	-5.9%	-1.8%	0.9%	48.1%	52.3%	88.9%
Interest coverage	26.18	over 100	98.65	over 100	98.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	348 days	-	-	-	-	-	-	-	-	-

TRUE ODDS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency77.9%

Current ratio17.48

Return on assets3.6%

Filed annual accounts

Filings

Key figures and ratios

Insights on TRUE ODDS

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