UNEFFECTED
InactiveFinancials · financial year 2025, micro format
Equity
-€222,990▲ 11.8%
2024 · -€252,840
Total assets
€142,328▼ 21.7%
2024 · €181,864
Net result
€29,850
2024 · -€174,670
Working capital
-€147,990▲ 18.3%
2024 · -€181,043
Trend over the years
2021 to 2025, 5 financial years
The operating result returns to profit in 2025: €29,591 after a loss of €168,100 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€29,591
2025
Net result€29,850
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€142,328
2025
Equity-€222,990
2025
Debt€365,318
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€147,990
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,585--€31,719▼ 785%€2,426-€168,100€29,591
Net result-€13,645--€50,177▼ 268%-€17,348▲ 65.4%-€174,670▼ 907%€29,850
Equity-€10,645--€60,821▼ 471%-€78,170▼ 28.5%-€252,840▼ 223%-€222,990▲ 11.8%
Total assets€145,122-€301,108▲ 107%€398,865▲ 32.5%€181,864▼ 54.4%€142,328▼ 21.7%
Debt€155,767-€361,929▲ 132%€477,034▲ 31.8%€434,704▼ 8.9%€365,318▼ 16.0%
Working capital€58,535-€9,333▼ 84.1%-€7,884-€181,043▼ 2,196%-€147,990▲ 18.3%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Solvency
-156.7%▼
2024 · -139.0%
Current ratio
0.49▼
2024 · 0.50
ROA
21.0%▲
2024 · -96.0%
Debt ≤ 1 year
€290,318▼
2024 · €359,704
Debt > 1 year
€75,000=
2024 · €75,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,216 | €975 | €1,370 | €1,204 | - | - |
| Other operating charges640/8 | €873 | €172 | €594 | €396 | €403 | ▲ 1.8% |
| Gross operating margin9900 | -€1,496 | -€30,573 | €4,391 | -€166,501 | €29,994 | - |
| Operating profit (loss)9901 | -€3,585 | -€31,719 | €2,426 | -€168,100 | €29,591 | - |
| Financial income75/76B | €26 | €336 | €370 | €5,060 | €538 | ▼ 89.4% |
| Recurring financial income75 | €26 | €336 | €370 | €5,060 | €538 | ▼ 89.4% |
| Financial charges65/66B | €10,086 | €18,793 | €20,144 | €11,630 | €279 | ▼ 97.6% |
| Recurring financial charges65 | €10,086 | €18,793 | €20,144 | €11,630 | €279 | ▼ 97.6% |
| Profit (loss) for the period before taxes9903 | -€13,645 | -€50,177 | -€17,348 | -€174,670 | €29,850 | - |
| Profit (loss) for the period9904 | -€13,645 | -€50,177 | -€17,348 | -€174,670 | €29,850 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,645 | -€50,177 | -€17,348 | -€174,670 | €29,850 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €145,122 | €301,108 | €398,865 | €181,864 | €142,328 | ▼ 21.7% |
| Fixed assets21/28 | €5,820 | €4,845 | €4,715 | €3,203 | - | - |
| Tangible fixed assets22/27 | €4,320 | €3,345 | €3,215 | €1,703 | - | - |
| Plant, machinery and equipment23 | €4,320 | €3,345 | €3,215 | €1,703 | - | - |
| Financial fixed assets28 | €1,500 | €1,500 | €1,500 | €1,500 | - | - |
| Current assets29/58 | €139,302 | €296,262 | €394,150 | €178,661 | €142,328 | ▼ 20.3% |
| Stocks and contracts in progress3 | €52,480 | €236,727 | €350,010 | - | - | - |
| Stocks30/36 | €52,480 | €236,727 | €350,010 | - | - | - |
| Amounts receivable within one year40/41 | €11,923 | €18,329 | €14,548 | €178,368 | €141,076 | ▼ 20.9% |
| Trade receivables40 | €7,981 | €13,740 | €6,179 | €167,348 | €131,348 | ▼ 21.5% |
| Other amounts receivable41 | €3,942 | €4,589 | €8,369 | €11,020 | €9,728 | ▼ 11.7% |
| Cash at bank and in hand54/58 | €74,737 | €41,175 | €29,592 | €292 | €1,251 | ▲ 328% |
| Deferred charges and accrued income490/1 | €162 | €31 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €145,122 | €301,108 | €398,865 | €181,864 | €142,328 | ▼ 21.7% |
| Equity10/15 | -€10,645 | -€60,821 | -€78,170 | -€252,840 | -€222,990 | ▲ 11.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€13,645 | -€63,821 | -€81,170 | -€255,840 | -€225,990 | ▲ 11.7% |
| Amounts payable17/49 | €155,767 | €361,929 | €477,034 | €434,704 | €365,318 | ▼ 16.0% |
| Amounts payable after more than one year17 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Other amounts payable178/9 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Amounts payable within one year42/48 | €80,767 | €286,929 | €402,034 | €359,704 | €290,318 | ▼ 19.3% |
| Trade debts44 | €56,089 | €252,411 | €371,158 | €334,731 | €285,497 | ▼ 14.7% |
| Suppliers440/4 | €56,089 | €252,411 | €371,158 | €334,731 | €285,497 | ▼ 14.7% |
| Taxes, remuneration and social security45 | €21,578 | €26,437 | €23,171 | €21,873 | €1,721 | ▼ 92.1% |
| Taxes450/3 | €21,578 | €26,437 | €23,171 | €21,873 | €1,721 | ▼ 92.1% |
| Other amounts payable47/48 | €3,100 | €8,081 | €7,706 | €3,100 | €3,100 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,645 | -€50,177 | -€17,348 | -€174,670 | €29,850 | - |
| + Depreciation and write-downs630 | €1,216 | €975 | €1,370 | €1,204 | - | - |
| Operating cash flow (approximation) | -€12,429 | -€49,202 | -€15,978 | -€173,466 | €29,850 | - |
| Investment in fixed assets (approximation) | - | €0 | -€1,240 | €308 | - | - |
| Change in cash | - | -€33,562 | -€11,583 | -€29,300 | €959 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00219475 |
| 31-12-2024 | micro format | 17-09-2025 | 2025-00493293 |
| 31-12-2023 | micro format | 25-09-2024 | 2024-00472920 |
| 31-12-2022 | micro format | 14-09-2023 | 2023-00445902 |
| 31-12-2021 | micro format | 02-11-2022 | 2022-20481232 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.