UNDERSIDE
Annual accounts 2025
abbreviated format, filed on 23-07-2026, 8 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €1.8m. Estimated: probably between €1.3m and €2.9m.
Balance sheet
balance sheet total €1.7m on 31-12-2025in euro
in euro
Position in the sector
24.3%
Higher than 32% of 3,405 companies in 2025.
1.07
Higher than 26% of 3,266 companies in 2025.
4.5%
Higher than 42% of 3,314 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half · Staff: middle half
Staff
€62,622
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, 3 people joined and 4 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 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.7m | 1.5m | 2.2m | 2.2m | 2.0m | 2.0m | 1.7m | 1.9m | 1.9m | 1.3m | 715,935 | 596,638 | 610,216 | 597,598 | 408,676 | 317,935 | 305,277 | 342,227 | 127,509 | 63,547 | |
20 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
21/28 |
600,781 | 778,504 | 926,516 | 830,525 | 952,392 | 1.0m | 1.1m | 796,532 | 785,620 | 742,085 | 252,575 | 327,387 | 322,715 | 333,255 | 172,124 | 113,652 | 128,898 | 114,759 | 11,014 | 13,437 | |
21 |
268,059 | 359,616 | 451,173 | 387,073 | 455,502 | 528,074 | 508,717 | 188,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
22/27 |
332,561 | 416,670 | 473,126 | 441,235 | 494,673 | 509,006 | 553,901 | 608,372 | 785,460 | 741,925 | 252,165 | 316,977 | 322,305 | 332,845 | 171,714 | 113,190 | 128,596 | 114,457 | 10,712 | 13,135 | |
22 |
257,078 | 272,013 | 286,948 | 270,534 | 282,524 | 297,655 | 318,993 | 332,204 | 548,386 | 577,050 | 207,862 | 214,147 | 220,431 | 226,716 | 48,000 | 51,000 | 54,000 | 57,000 | - | - | |
23 |
69,444 | 117,258 | 136,760 | 122,894 | 161,161 | 179,062 | 171,796 | 203,131 | 172,963 | 92,748 | 1,243 | 7,457 | 10,578 | 12,490 | 22,156 | 20,073 | 24,493 | 24,483 | - | - | |
24 |
6,039 | 27,399 | 49,417 | 47,806 | 50,988 | 28,289 | 59,112 | 69,036 | 60,111 | 68,127 | 43,059 | 95,373 | 91,295 | 93,640 | 101,559 | 42,117 | 50,103 | 32,974 | 4,242 | 8,187 | |
26 |
- | - | - | - | - | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | - | - | - | 6,470 | 4,948 | |
27 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
28 |
160 | 2,218 | 2,218 | 2,218 | 2,218 | 2,218 | 2,038 | 160 | 160 | 160 | 410 | 10,410 | 410 | 410 | 410 | 462 | 302 | 302 | 302 | 302 | |
29/58 |
1.1m | 696,184 | 1.3m | 1.3m | 1.1m | 919,526 | 616,298 | 1.1m | 1.1m | 589,871 | 463,360 | 269,251 | 287,502 | 264,343 | 236,552 | 204,283 | 176,379 | 227,468 | 116,495 | 50,110 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
3 |
- | - | 65,003 | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
30/36 |
- | - | 65,003 | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
40/41 |
559,424 | 456,073 | 831,718 | 815,623 | 520,673 | 441,748 | 433,452 | 922,781 | 839,444 | 393,418 | 302,352 | 214,420 | 222,017 | 170,038 | 137,782 | 149,793 | 77,256 | 106,853 | 42,144 | 43,373 | |
40 |
464,903 | 400,552 | 796,755 | 790,439 | 477,871 | 388,421 | 361,038 | 654,228 | 641,937 | 393,418 | 280,509 | 189,770 | 201,160 | 150,339 | 121,104 | 147,290 | 64,557 | 89,903 | 42,065 | 43,373 | |
41 |
94,521 | 55,521 | 34,962 | 25,185 | 42,802 | 53,327 | 72,414 | 268,553 | 197,508 | 0 | 21,843 | 24,650 | 20,857 | 19,699 | 16,678 | 2,503 | 12,699 | 16,950 | 79 | - | |
50/53 |
- | - | - | - | 541,135 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
54/58 |
501,633 | 233,042 | 379,393 | 516,498 | - | 462,180 | 179,327 | 193,160 | 276,232 | 190,768 | 145,444 | 43,513 | 59,059 | 94,305 | 97,688 | 54,490 | 99,123 | 120,615 | 74,351 | 6,737 | |
490/1 |
723 | 7,070 | 34,016 | - | - | 15,597 | 3,519 | 5,615 | 3,580 | 5,686 | 15,565 | 11,318 | 6,426 | 0 | 1,082 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.7m | 1.5m | 2.2m | 2.2m | 2.0m | 2.0m | 1.7m | 1.9m | 1.9m | 1.3m | 715,935 | 596,638 | 610,216 | 597,598 | 408,676 | 317,935 | 305,277 | 342,227 | 127,509 | 63,547 | |
10/15 |
403,598 | 329,583 | 826,083 | 868,520 | 820,927 | 750,893 | 558,064 | 611,497 | 516,640 | 317,155 | 213,116 | 175,248 | 174,142 | 145,019 | 84,544 | 85,433 | 79,647 | 78,236 | 39,019 | 4,942 | |
10/11 |
301,150 | 296,500 | 296,500 | 296,500 | 296,500 | 296,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
11 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
13 |
743 | 5,393 | 480,206 | 448,040 | 448,040 | 364,501 | 408,167 | 407,113 | 312,256 | 270,655 | 166,616 | 128,748 | 127,642 | 98,519 | 38,044 | 38,933 | 33,147 | 31,736 | 2,603 | 2,603 | |
130/1 |
- | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | 1,860 | 1,860 | |
1311 |
- | 4,650 | 4,650 | 4,650 | 4,650 | 4,650 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
132 |
743 | 743 | 743 | 41,468 | 41,468 | 41,468 | 41,503 | 41,503 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | 743 | |
133 |
- | - | 474,813 | 401,922 | 401,922 | 318,383 | 362,014 | 360,960 | 306,863 | 265,262 | 161,223 | 123,355 | 122,249 | 93,126 | 32,651 | 33,540 | 27,754 | 26,343 | - | - | |
14 |
65,833 | -8,181 | - | 61,098 | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 17,816 | -16,261 | |
15 |
35,871 | 35,871 | 49,376 | 62,882 | 76,387 | 89,892 | 103,397 | 157,884 | 157,884 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | |
16 |
- | - | 2,936 | 6,482 | 10,029 | 13,575 | 17,121 | 17,121 | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | 17,121 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
160 |
- | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 17,121 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | 2,936 | 6,482 | 10,029 | 13,575 | 17,121 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
17/49 |
1.3m | 1.1m | 1.4m | 1.3m | 1.2m | 1.2m | 1.1m | 1.3m | 1.4m | 1.0m | 502,819 | 421,389 | 436,074 | 452,579 | 324,132 | 232,502 | 225,630 | 263,991 | 88,490 | 58,605 | |
17 |
250,240 | 392,291 | 492,682 | 368,908 | 418,173 | 386,491 | 337,101 | 359,962 | 496,771 | 423,540 | 145,283 | 184,498 | 199,859 | 220,889 | 58,250 | 30,117 | 44,958 | 48,001 | - | - | |
170/4 |
250,240 | 392,291 | 492,682 | 368,908 | 418,173 | 386,491 | 337,101 | 359,962 | 496,771 | 423,540 | 145,283 | 184,498 | 199,859 | 220,889 | 58,250 | 30,117 | 44,958 | 48,001 | - | - | |
175 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
42/48 |
991,954 | 752,799 | 914,946 | 918,736 | 765,072 | 807,865 | 762,715 | 917,598 | 736,432 | 530,714 | 307,199 | 212,056 | 187,203 | 206,735 | 216,314 | 190,385 | 180,672 | 215,990 | 88,490 | 58,605 | |
42 |
171,063 | 201,920 | 232,359 | 160,802 | 177,682 | 151,359 | 47,686 | 88,621 | 58,192 | 28,360 | 21,575 | 46,492 | 43,130 | 47,457 | 34,707 | 20,155 | 17,077 | 12,932 | - | - | |
43 |
200,000 | 209,367 | 210,640 | 220,175 | 213,901 | 303,703 | 228,852 | 215,186 | 144,634 | 66,236 | 57,407 | - | 0 | 0 | 0 | - | - | - | - | - | |
430/8 |
200,000 | 209,367 | 210,640 | 220,175 | 213,901 | 303,703 | 228,852 | 215,186 | 144,634 | 66,236 | 57,407 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
44 |
348,483 | 85,672 | 157,720 | 139,962 | 153,510 | 196,067 | 223,627 | 280,811 | 210,115 | 275,837 | 76,805 | 21,211 | 52,517 | 65,440 | 49,083 | 20,659 | 23,510 | 21,204 | 3,258 | 20,072 | |
440/4 |
348,483 | 85,672 | 157,720 | 139,962 | 153,510 | 196,067 | 223,627 | 280,811 | 210,115 | 275,837 | 76,805 | 21,211 | 52,517 | 65,440 | 49,083 | 20,659 | 23,510 | 21,204 | 3,258 | 20,072 | |
441 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
46 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 150 | 266 | - | - | 1,840 | - | 1,319 | |
45 |
79,058 | 55,394 | 113,782 | 197,272 | 219,979 | 156,737 | 262,550 | 316,566 | 290,672 | 145,800 | 127,696 | 117,753 | 74,890 | 57,706 | 65,509 | 69,877 | 55,250 | 71,527 | 41,469 | 19,222 | |
450/3 |
22,674 | 5,013 | 43,439 | 68,150 | 58,195 | 21,846 | 61,056 | 87,442 | 81,767 | 23,812 | 44,180 | 38,786 | 11,616 | 5,032 | 25,185 | 34,645 | 11,004 | 35,232 | 20,190 | 7,448 | |
454/9 |
56,384 | 50,381 | 70,344 | 129,121 | 161,784 | 134,891 | 201,495 | 229,124 | 208,905 | 121,988 | 83,517 | 78,967 | 63,274 | 52,674 | 40,324 | 35,232 | 44,246 | 36,295 | 21,279 | 11,774 | |
47/48 |
193,350 | 200,446 | 200,446 | 200,525 | - | - | 0 | 16,413 | 32,819 | 14,481 | 23,715 | 26,599 | 16,666 | 35,982 | 66,747 | 79,694 | 84,835 | 108,487 | 43,763 | 17,992 | |
492/3 |
16,767 | 15 | - | - | - | - | 5,952 | 11,909 | 155,034 | 60,548 | 50,337 | 24,836 | 49,012 | 24,954 | 49,569 | 12,000 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
76A |
- | - | - | - | 405 | 91,929 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 3,028 | - | - | 6,227 | 1,182 | 1,198 | |
9900 |
697,324 | 433,886 | 951,535 | 1.4m | 1.3m | 1.1m | 1.4m | 1.6m | 1.2m | 916,615 | 699,249 | 522,932 | 501,926 | 517,779 | 321,326 | 240,048 | 234,195 | 171,710 | 130,322 | 43,852 | |
60/61 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
62 |
419,567 | 476,570 | 762,784 | 1.1m | 1.0m | 1.0m | 1.2m | 1.3m | 974,885 | 614,730 | 524,839 | 431,369 | 376,660 | 325,124 | 247,616 | 192,843 | 190,082 | 133,298 | 86,056 | 42,373 | |
630 |
175,665 | 176,017 | 143,936 | 149,015 | 163,534 | 168,470 | 243,115 | 143,020 | 83,487 | 73,061 | 32,769 | 62,649 | 55,605 | 85,349 | 50,825 | 28,130 | 32,247 | 23,260 | 4,060 | 5,750 | |
631/4 |
- | - | - | - | - | - | - | - | -10,007 | 0 | 10,007 | 0 | 0 | 0 | 482 | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
640/8 |
12,812 | 6,913 | 2,768 | 4,936 | 8,584 | 2,899 | 2,461 | 16,651 | 6,162 | 5,238 | 9,863 | 8,759 | 9,213 | 6,206 | 11,301 | 3,968 | 5,510 | 2,736 | 1,469 | 647 | |
649 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
66A |
0 | - | - | - | 614 | 99 | - | - | 8,382 | 0 | 5,263 | 727 | 1,614 | 1,264 | 1,332 | - | - | - | - | - | |
9901 |
89,280 | -225,614 | 42,047 | 113,341 | 126,526 | -38,367 | -22,543 | 190,367 | 171,523 | 223,586 | 121,771 | 20,154 | 60,447 | 101,101 | 11,102 | 15,107 | 6,356 | 12,416 | 38,737 | -4,918 | |
75/76B |
3,995 | 14,153 | 13,582 | 13,511 | 13,865 | 21,311 | 54,631 | 2 | 2 | 1,491 | 60 | 973 | 264 | 0 | 260 | 1,754 | 3 | 1,341 | 2 | 9 | |
75 |
3,995 | 14,153 | 13,582 | 13,511 | 13,865 | 14,217 | 54,631 | 2 | 2 | 54 | 60 | 973 | 264 | 0 | 260 | 1,754 | 3 | 1,341 | 2 | 9 | |
76B |
- | - | - | - | - | 7,094 | - | - | 0 | 1,437 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
38,559 | 285,677 | 54,086 | 29,801 | 24,057 | 19,119 | 25,858 | 38,190 | 15,211 | 7,845 | 17,438 | 10,898 | 13,690 | 7,261 | 11,150 | 5,606 | 5,583 | 3,469 | 806 | 414 | |
65 |
38,559 | 55,428 | 54,086 | 29,801 | 24,057 | 19,119 | 25,858 | 38,190 | 15,211 | 7,845 | 17,438 | 10,898 | 13,690 | 7,261 | 11,150 | 5,606 | 5,583 | 3,469 | 806 | 414 | |
66B |
- | 230,249 | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
9903 |
54,717 | -497,138 | 1,543 | 97,052 | 116,334 | -36,175 | 6,229 | 152,179 | 156,314 | 217,232 | 99,129 | 9,503 | 45,408 | 92,575 | 1,907 | 11,255 | 776 | 16,515 | 39,115 | -4,125 | |
780 |
0 | 2,936 | 3,546 | 3,546 | 3,546 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
-19,298 | -11,208 | 34,021 | 39,500 | 36,341 | 11,038 | 5,175 | 40,200 | 70,428 | 72,098 | 46,261 | 8,396 | 16,285 | 32,100 | 2,797 | 5,469 | -635 | 5,198 | 5,038 | - | |
9904 |
74,015 | -482,995 | -28,932 | 61,098 | 83,540 | -46,317 | 1,054 | 94,857 | 85,886 | 145,134 | 52,868 | 1,106 | 29,123 | 60,475 | -889 | 5,786 | 1,411 | 11,317 | 34,077 | -4,125 | |
789 |
- | - | 40,725 | - | - | 2,686 | 0 | 13,229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 0 | 53,989 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
9905 |
74,015 | -482,995 | 11,793 | 61,098 | 83,540 | -43,631 | 1,054 | 54,097 | 85,886 | 145,134 | 52,868 | 1,106 | 29,123 | 60,475 | -889 | 5,786 | 1,411 | 11,317 | 34,077 | -4,125 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
65,833 | -482,995 | 72,891 | 61,098 | 83,540 | -43,631 | 1,054 | 54,097 | 85,886 | 145,134 | 52,868 | 1,106 | 29,123 | 60,475 | -889 | 5,786 | 1,411 | 29,133 | 17,816 | -16,261 | |
14P |
-8,181 | - | 61,098 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 474,813 | - | - | - | 43,631 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 889 | - | - | - | - | - | |
691/2 |
- | - | 72,891 | - | 83,540 | - | 1,054 | 54,097 | 41,601 | 104,039 | 37,868 | 1,106 | 29,123 | 60,475 | 0 | 5,786 | 1,411 | 29,133 | - | - | |
691 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 2,790 | - | - | |
6921 |
- | - | 72,891 | - | 83,540 | - | 1,054 | 54,097 | 41,601 | 104,039 | 37,868 | 1,106 | 29,123 | 60,475 | 0 | 5,786 | 1,411 | 26,343 | - | - | |
694/7 |
- | - | - | - | - | - | - | - | 44,286 | 41,096 | 15,000 | - | 0 | 0 | 0 | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | 44,286 | 41,096 | 15,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |
696 |
- | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
6.7 | 9.3 | 15.3 | 20.8 | 20.9 | 21.8 | 24.8 | 27.1 | 21.5 | 15.8 | 12.8 | 10.6 | 9.5 | 8.3 | 6.2 | 5.8 | 4.7 | 4.7 | 3.3 | 1.8 | |
Hours worked1013 |
10,511 | 11,892 | 23,628 | 36,103 | 33,520 | 34,571 | 42,513 | 46,521 | 37,486 | 26,953 | 22,208 | 18,589 | 16,781 | 14,380 | 10,849 | 9,810 | 8,329 | 7,974 | 77,501 | 3,065 | |
| Document | |||||||||||||||||||||
The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
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 | abbreviated format | 23-07-2026 | 2026-00323302 | |
| 31-12-2024 | full format | 29-07-2025 | 2025-00322231 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00409021 | |
| 31-12-2022 | full format | 29-06-2023 | 2023-00172429 | |
| 31-12-2021 | full format | 28-11-2022 | 2022-20526154 | |
| 31-12-2020 | full format | 04-11-2021 | 2021-76500238 | |
| 31-12-2019 | full format | 31-08-2020 | 2020-48100156 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-62400117 | |
| 31-12-2017 | full format | 17-09-2018 | 2018-63700017 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-65800396 | |
| 31-12-2015 | full format | 12-07-2016 | 2016-30900137 | |
| 31-12-2014 | full format | 20-08-2015 | 2015-44500315 | |
| 31-12-2013 | full format | 19-08-2014 | 2014-44500473 | |
| 31-12-2012 | full format | 25-06-2013 | 2013-19900420 | |
| 31-12-2011 | full format | 19-06-2012 | 2012-18000341 | |
| 31-12-2010 | full format | 21-06-2011 | 2011-19000038 | |
| 31-12-2009 | full format | 09-08-2010 | 2010-39900252 | |
| 31-12-2008 | full format | 22-06-2009 | 2009-27200319 | |
| 31-12-2007 | full format | 29-07-2008 | 2008-50400339 | |
| 31-12-2006 | full format | 30-08-2007 | 2007-68700378 | |
| 31-12-2005 | full format | 28-08-2006 | 2006-68601523 | |
| 31-12-2004 | full format | 13-07-2005 | 2005-47602359 | |
| 31-12-2003 | full format | 14-07-2004 | 2004-45305080 | |
| 31-12-2002 | full format | 17-07-2003 | 2003-46300087 | |
| 31-12-2001 | full format | 18-07-2002 | 2002-39203298 | |
| 31-12-2000 | full format | 13-07-2001 | 2001-36900072 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 264,945 | -49,597 | 185,983 | 262,357 | 290,060 | 130,102 | 220,572 | 333,387 | 255,010 | 296,647 | 154,540 | 82,803 | 116,052 | 186,450 | 61,927 | 43,237 | 38,603 | 35,676 | 42,797 | 832 | ||
| 249,680 | -306,977 | 115,004 | 210,113 | 247,074 | 122,152 | 244,169 | 237,877 | 169,374 | 218,196 | 85,637 | 63,755 | 84,728 | 145,824 | 49,936 | 33,916 | 33,658 | 34,577 | 38,137 | 1,625 | ||
| 0 | 28,005 | 239,926 | 27,149 | 76,628 | 51,183 | 511,240 | 357,678 | 127,022 | 597,199 | 4,164 | 80,833 | 49,863 | 253,529 | 120,599 | 23,568 | 46,386 | 127,005 | 2,936 | 14,614 | ||
| 268,591 | -146,352 | -137,104 | - | - | 282,854 | -13,834 | -83,072 | 85,464 | 45,324 | 101,930 | -15,545 | -35,246 | -3,383 | 43,198 | -44,633 | -21,492 | 46,264 | 67,614 | - | ||
| 69,825 | -56,615 | 395,185 | 413,384 | 296,736 | 111,661 | -146,417 | 203,959 | 382,825 | 59,158 | 156,162 | 57,196 | 100,299 | 57,608 | 20,238 | 13,898 | -4,293 | 11,478 | 28,005 | -8,495 | ||
| 24.3% | 22.3% | 36.9% | 40.2% | 40.8% | 38.3% | 33.2% | 31.9% | 27.1% | 23.8% | 29.8% | 29.4% | 28.5% | 24.3% | 20.7% | 26.9% | 26.1% | 22.9% | 30.6% | 7.8% | ||
| 1.07 | 0.92 | 1.43 | 1.45 | 1.39 | 1.14 | 0.81 | 1.22 | 1.52 | 1.11 | 1.51 | 1.27 | 1.54 | 1.28 | 1.09 | 1.07 | 0.98 | 1.05 | 1.32 | 0.86 | ||
| 1.07 | 0.92 | 1.36 | 1.45 | 1.39 | 1.14 | 0.81 | 1.22 | 1.52 | 1.11 | 1.51 | 1.27 | 1.54 | 1.28 | 1.09 | 1.07 | 0.98 | 1.05 | 1.32 | 0.86 | ||
| 3.12 | 3.47 | 1.70 | 1.48 | 1.44 | 1.59 | 1.98 | 2.11 | 2.69 | 3.20 | 2.36 | 2.40 | 2.50 | 3.12 | 3.83 | 2.72 | 2.83 | 3.37 | 2.27 | 11.86 | ||
| 18.3% | -146.5% | -3.5% | 7.0% | 10.2% | -6.2% | 0.2% | 15.5% | 16.6% | 45.8% | 24.8% | 0.6% | 16.7% | 41.7% | -1.1% | 6.8% | 1.8% | 14.5% | 87.3% | -83.5% | ||
| 4.5% | -32.8% | -1.3% | 2.8% | 4.1% | -2.4% | 0.1% | 4.9% | 4.5% | 10.9% | 7.4% | 0.2% | 4.8% | 10.1% | -0.2% | 1.8% | 0.5% | 3.3% | 26.7% | -6.5% | ||
| 6.87 | -0.89 | 3.44 | 8.80 | 12.06 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 7 | 8 | 13 | 20 | 24 |
| full-time | 7 | 8 | 13 | 20 | 24 |
| part-time | 0 | - | - | - | - |
| in full-time equivalents | 7 | 8 | 13 | 20 | 24 |
| 6.7 | 9.3 | 15.3 | 20.8 | 20.9 | |
| On a permanent contract | 7 | 7 | 13 | 20 | 23 |
| Joined | 3 | 1 | 7 | 3 | 11 |
| Left | 4 | 6 | 14 | 7 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €28,005 | €107,334 | €27,149 | €76,628 |
| Intangible fixed assets | - | - | €132,592 | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €175,665 | €176,017 | €143,936 | €149,015 | €163,534 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Insights on UNDERSIDE
The operating result for 2025 is a profit of €89,280, after a loss of €225,614 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total falls from 77.7% to 75.7%. Equity and debt are higher.