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UNDER

Active Cooperative companyfounded 2020active for 6 yearsGuillaume Herinckxlaan 74, 1180 UccleKBO/BCE: BE 0745.539.228
UNDER
Financial year 2025
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Annual accounts 2025

micro format, filed on 14-04-2026, 108 days before the deadline
€16,299
▲ 7.0%
€2,185
▲ 202%
€9,373
▲ 52.0%
€9,373
▲ 57.0%
14.3%
▲ 8.5 percentage points
1.00
▼ 0.06

Money flows

of every €100 of turnover, €13.41 remains as profit in 2025

Balance sheet

balance sheet total €25,296 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

14.3%

Higher than 21% of 8,611 companies in 2025.

1.00

Higher than 23% of 8,288 companies in 2025.

8.6%

Higher than 46% of 8,397 companies in 2025.

UNDER Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 25,29624,8574,386600
20 03717430
21/28 20,14919,8471,5450
21 06301410
22/27 20,14919,2171,4040
22 ---0
23 ---0
24 ---0
25 438--0
26 18,91119,2171,4040
27 800--0
28 ---0
29/58 5,1474,6392,098600
29 ---0
290 ---0
291 ---0
3 ---0
30/36 ---0
37 ---0
40/41 -7121,3780
40 -6321,3520
41 -81260
50/53 600600-0
54/58 4,5473,327720600
490/1 ---0
Balance sheet: equity and liabilities
10/49 25,29624,8574,386600
10/15 3,6161,431914600
10/11 600600600600
10 600600600600
100 600600600600
101 ---0
11 ---0
1100/10 ---0
1109/19 ---0
12 ---0
13 1515150
130/1 -15150
130 -15150
1311 ---0
1312 ---0
1313 ---0
1319 ---0
132 ---0
133 15--0
14 3,0018162990
15 ---0
19 ---0
16 ---0
160/5 ---0
160 ---0
161 ---0
162 ---0
163 ---0
164/5 ---0
168 ---0
17/49 21,68023,4273,4720
17 16,50819,037-0
170/4 16,50819,037-0
175 ---0
176 ---0
178/9 ---0
42/48 5,1724,3903,4720
42 4,267--0
43 -4,1053,3930
430/8 ---0
439 -4,1053,3930
44 ---0
440/4 ---0
441 ---0
46 ---0
45 905285780
450/3 905285780
454/9 ---0
47/48 ---0
492/3 ---0
Income statement
70 16,29915,2386,5690
76A ---0
9900 10,3036,8513,7420
60/61 5,9968,3872,8280
62 400-840
630 7,1885,4438080
631/4 ---0
635/8 ---0
640/8 5306842,2820
66A ---0
9901 2,1857235670
75/76B ---0
75 ---0
76B ---0
65/66B --1750
65 ---0
66B --1750
9903 2,1857233920
780 ---0
680 ---0
67/77 -197780
9904 2,1855263140
789 ---0
689 ---0
9905 2,1855263140
Appropriation of the result
9906 3,0018163140
14P 816290--
791/2 ---0
691/2 -0150
691 ---0
6920 -0150
6921 ---0
794 ---0
694/7 ---0
694 ---0
695 ---0
696 ---0
697 ---0
Social balance sheet
9087 ---0
Document PDFPDFPDFPDF

The notes to these accounts have 8 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 14-04-2026.

Download as CSV

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 14-04-2026 2026-00079166 PDF
12-12-2024 micro format 02-10-2025 2025-00525125 PDF
31-12-2023 micro format 04-06-2024 2024-00108639 PDF
31-12-2022 full format 08-09-2023 2023-00441882 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
9,3736,1661,3760
9,3735,9691,1220
7,49023,7091,9820
1,2202,607120-
-25249-1,374600
13.4%4.7%8.6%-
14.3%5.8%--
1.001.06--
6.0016.37--
60.4%36.8%--
8.6%2.1%--
--7.86-
-15 days75 days-

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.

Overdue debts

tax and social security
Item202512-12-202420232022
Overdue tax debts-€197€78€0
Overdue social security (RSZ) debts---€0

Source: notes to the 2022 to 2025 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item202512-12-202420232022
Debts secured on the company's own assets---€0
Debts guaranteed by Belgian public bodies---€0
Mortgages, amount registered---€0
---€0
Carrying value of the mortgaged assets---€0
---€0
Mandates to pledge the business---€0
Pledge on other assets, amount secured---€0
Carrying value of the other pledged assets---€0
---€0

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item202512-12-202420232022
Tangible fixed assets-€22,728€1,841€0
Intangible fixed assets-€981€141€0
Financial fixed assets---€0
€7,188€5,443€808€0

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on UNDER

The operating result for 2025 is over 3 times that of 2024 and the highest since 2022. It is the third rise in a row.

Debt's share of the balance-sheet total falls from 94.2% to 85.7%. Equity is higher and debt is lower.

Next steps

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