TRUST COMPONENTS
Annual accounts 2025
micro format, filed on 15-05-2026, 77 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €790,000 and €2.3m.
Balance sheet
balance sheet total €1.4m on 31-12-2025in euro
in euro
Position in the sector
0.7%
Higher than 23% of 22,917 companies in 2025.
1.03
Higher than 33% of 22,047 companies in 2025.
-7.5%
Higher than 20% of 22,197 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff
€46,865
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 3 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
1.4m | 1.1m | 1.0m | 702,613 | 431,244 | 264,993 | 73,040 | |
21/28 |
990,558 | 452,276 | 632,791 | 425,870 | 256,664 | 156,647 | 48,266 | |
21 |
205 | 290 | 375 | 540 | 817 | 1,095 | 1,371 | |
22/27 |
990,177 | 451,651 | 632,241 | 425,155 | 255,671 | 155,551 | 46,894 | |
22 |
609,862 | - | - | - | - | - | - | |
23 |
174,761 | 204,918 | 343,945 | 159,231 | 165,918 | 74,280 | 46,894 | |
24 |
726 | 1,425 | 2,508 | 3,918 | 5,494 | 826 | - | |
25 |
204,829 | 245,308 | 285,788 | 262,005 | 84,260 | - | - | |
28 |
175 | 335 | 175 | 175 | 175 | - | - | |
29/58 |
455,963 | 600,871 | 393,150 | 276,743 | 174,580 | 108,347 | 24,774 | |
3 |
287,796 | 389,043 | 240,925 | 99,330 | 33,308 | 34,340 | 11,138 | |
30/36 |
287,796 | 389,043 | 240,925 | 99,330 | 33,308 | 34,340 | 11,138 | |
40/41 |
125,116 | 89,211 | 126,060 | 169,183 | 112,918 | 50,587 | 8,597 | |
40 |
97,010 | 51,215 | 97,157 | 126,300 | 95,626 | 49,307 | 7,455 | |
41 |
28,106 | 37,996 | 28,903 | 42,883 | 17,292 | 1,279 | 1,142 | |
54/58 |
31,471 | 115,477 | 22,600 | 6,006 | 26,136 | 22,423 | 4,568 | |
490/1 |
11,580 | 7,141 | 3,565 | 2,223 | 2,218 | 997 | 472 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
1.4m | 1.1m | 1.0m | 702,613 | 431,244 | 264,993 | 73,040 | |
10/15 |
9,496 | 117,329 | 31,427 | 401 | 17,959 | -5,460 | -22,567 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | |
13 |
- | 98,729 | 12,827 | - | - | - | - | |
133 |
- | 98,729 | 12,827 | - | - | - | - | |
14 |
-9,104 | - | - | -18,199 | -641 | -11,660 | -28,767 | |
17/49 |
1.4m | 935,819 | 994,514 | 702,212 | 413,285 | 270,454 | 95,607 | |
17 |
981,561 | 599,392 | 390,699 | 418,906 | 260,320 | 101,463 | 74,828 | |
170/4 |
896,561 | 463,392 | 390,699 | 418,906 | 260,320 | 101,463 | 74,828 | |
178/9 |
85,000 | 136,000 | - | - | - | - | - | |
42/48 |
441,371 | 330,930 | 597,152 | 276,915 | 152,105 | 168,991 | 20,778 | |
42 |
148,697 | 102,307 | 92,139 | 81,858 | 40,599 | 18,650 | 9,112 | |
44 |
146,827 | 88,697 | 403,667 | 97,592 | 20,139 | 57,108 | 10,640 | |
440/4 |
146,827 | 88,697 | 403,667 | 97,592 | 20,139 | 57,108 | 10,640 | |
45 |
57,146 | 39,339 | 19,846 | 15,965 | 19,867 | 2,541 | - | |
450/3 |
34,123 | 32,093 | 5,117 | 3,234 | 2,143 | 1,041 | - | |
454/9 |
23,023 | 7,246 | 14,729 | 12,730 | 17,724 | 1,500 | - | |
47/48 |
88,701 | 100,588 | 81,500 | 81,500 | 71,500 | 90,692 | 1,026 | |
492/3 |
14,093 | 5,496 | 6,663 | 6,390 | 860 | - | - | |
| Income statement | ||||||||
76A |
- | 40,238 | - | - | - | - | - | |
9900 |
238,608 | 364,313 | 251,513 | 140,998 | 102,638 | 34,035 | -14,970 | |
62 |
149,968 | 96,034 | 82,268 | 78,494 | 33,294 | - | - | |
630 |
145,159 | 115,913 | 130,415 | 67,645 | 46,326 | 11,838 | 9,658 | |
640/8 |
9,381 | 6,367 | 4,899 | 2,069 | 1,135 | 1,207 | 403 | |
66A |
- | - | - | - | - | - | 1,000 | |
9901 |
-65,899 | 145,999 | 33,931 | -7,210 | 21,883 | 20,990 | -26,031 | |
75/76B |
3,770 | 3,877 | 18,053 | 5,702 | 1,215 | 629 | 34 | |
75 |
3,376 | 2,792 | 1,558 | 3,373 | 1,215 | 629 | 34 | |
76B |
394 | 1,086 | 16,495 | 2,329 | - | - | - | |
65/66B |
45,704 | 35,219 | 20,676 | 15,783 | 11,950 | 4,383 | 2,769 | |
65 |
41,712 | 20,842 | 19,734 | 15,783 | 9,832 | 4,383 | 2,702 | |
66B |
3,992 | 14,378 | 942 | - | 2,118 | - | 68 | |
9903 |
-107,833 | 114,658 | 31,308 | -17,291 | 11,148 | 17,236 | -28,767 | |
67/77 |
- | 28,756 | 281 | 267 | 129 | 130 | - | |
9904 |
-107,833 | 85,901 | 31,026 | -17,558 | 11,020 | 17,106 | -28,767 | |
9905 |
-107,833 | 85,901 | 31,026 | -17,558 | 11,020 | 17,106 | -28,767 | |
| Appropriation of the result | ||||||||
9906 |
-107,833 | 85,901 | 12,827 | -18,199 | -641 | -11,660 | -28,767 | |
14P |
- | - | -18,199 | -641 | -11,660 | - | - | |
791/2 |
98,729 | - | - | - | - | - | - | |
691/2 |
- | 85,901 | 12,827 | - | - | - | - | |
6921 |
- | 85,901 | 12,827 | - | - | - | - | |
| Social balance sheet | ||||||||
9087 |
3.2 | 2 | 2.2 | 1.6 | 1 | - | - | |
Hours worked1013 |
5,351 | 3,349 | 3,740 | 2,749 | 1,566 | - | - | |
| Document | ||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-05-2026 | 2026-00113365 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00224355 | |
| 31-12-2023 | micro format | 20-08-2024 | 2024-00356345 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00313151 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20408692 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-45000241 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38600346 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 79,260 | 261,913 | 164,345 | 60,434 | 68,209 | 32,828 | -16,373 | ||
| 37,326 | 201,815 | 161,441 | 50,087 | 57,346 | 28,944 | -19,109 | ||
| 670,216 | 160 | 337,336 | 236,851 | 146,343 | 120,219 | 57,923 | ||
| -84,006 | 92,876 | 16,594 | -20,130 | 3,713 | 17,856 | - | ||
| 14,592 | 269,941 | -204,002 | -172 | 22,475 | -60,644 | 3,996 | ||
| 0.7% | 11.1% | 3.1% | 0.1% | 4.2% | -2.1% | -30.9% | ||
| 1.03 | 1.82 | 0.66 | 1.00 | 1.15 | 0.64 | 1.19 | ||
| 0.38 | 0.64 | 0.25 | 0.64 | 0.93 | 0.44 | 0.66 | ||
| - | 7.98 | 31.64 | - | 23.01 | - | - | ||
| - | 73.2% | 98.7% | - | 61.4% | - | - | ||
| -7.5% | 8.2% | 3.0% | -2.5% | 2.6% | 6.5% | -39.4% | ||
| 1.90 | 12.57 | 8.33 | 3.83 | 6.94 | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €1.4m, equity €9,496).
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 2 | 1 |
| full-time | 3 | 2 | 2 | - | - |
| part-time | - | - | - | 2 | 1 |
| in full-time equivalents | 3 | 2 | 2 | 1.9 | 0.9 |
| 3.2 | 2 | 2.2 | 1.5 | 0.8 | |
| On a permanent contract | 2 | 1 | 1 | 2 | 1 |
| Joined | 3 | - | 4 | 3 | 1 |
| Left | 2 | - | 4 | 2 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €670,216 | - | €337,336 | €236,851 | €146,168 |
| Financial fixed assets | - | €160 | - | - | €175 |
| €145,159 | €115,913 | €130,415 | €67,645 | €46,326 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TRUST COMPONENTS
The operating result for 2025 is a loss of €65,899, after a profit of €145,999 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 88.9% to 99.3%. Equity is lower and debt is higher.