VALUEBYTES
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €9,637 on 31-12-2025in euro
in euro
Position in the sector
-167.8%
Lower than 95% of 21,206 companies in 2025.
0.37
Lower than 95% of 20,569 companies in 2025.
-84.5%
Lower than 95% of 20,744 companies in 2025.
Net result: bottom quarter · 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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
9,637 | 20,177 | 11,664 | 15,542 | 30,721 | 55,590 | 57,581 | 41,301 | 56,270 | 26,989 | 30,765 | 33,094 | 22,879 | 18,829 | 50,304 | 95,139 | 80,926 | |
21/28 |
17 | 2,475 | 7,423 | 275 | 360 | - | - | - | 211 | 422 | 1,524 | 4,882 | 1,459 | 2,579 | 2,732 | 3,499 | 3,237 | |
22/27 |
17 | 2,475 | 7,423 | 275 | 360 | - | - | - | 211 | 422 | 1,524 | 4,882 | 1,459 | 2,579 | 2,732 | 3,499 | 3,237 | |
23 |
17 | 103 | 189 | 275 | 360 | - | - | - | - | - | 890 | 1,976 | 1,102 | 1,766 | 1,216 | 1,269 | 293 | |
24 |
0 | 2,372 | 7,234 | - | - | - | - | - | 211 | 422 | 634 | 2,906 | 358 | 814 | 1,516 | 2,230 | 2,944 | |
29/58 |
9,620 | 17,702 | 4,241 | 15,267 | 30,361 | 55,590 | 57,581 | 41,301 | 56,059 | 26,566 | 29,241 | 28,212 | 21,419 | 16,250 | 47,572 | 91,640 | 77,689 | |
40/41 |
3,751 | 14,385 | 1,458 | 12,078 | 22,060 | 19,457 | 18,362 | 17,285 | 15,762 | 6,607 | 14,082 | 9,166 | 1,767 | 2,671 | 424 | 15,170 | 2,330 | |
40 |
3,681 | 14,385 | 584 | 6,704 | 12,731 | 18,325 | 18,362 | 17,285 | 15,727 | 6,544 | 13,968 | 8,881 | 1,258 | 726 | 424 | 15,170 | - | |
41 |
70 | 0 | 874 | 5,374 | 9,328 | 1,132 | - | - | 35 | 62 | 114 | 285 | 509 | 1,945 | - | - | 2,330 | |
54/58 |
4,388 | 836 | 1,030 | 225 | 7,507 | 32,188 | 38,133 | 22,957 | 38,386 | 17,934 | 13,218 | 17,113 | 19,297 | 11,728 | 46,796 | 76,128 | 73,391 | |
490/1 |
1,481 | 2,481 | 1,754 | 2,965 | 794 | 3,946 | 1,086 | 1,059 | 1,910 | 2,026 | 1,941 | 1,932 | 355 | 1,851 | 353 | 342 | 1,967 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
9,637 | 20,177 | 11,664 | 15,542 | 30,721 | 55,590 | 57,581 | 41,301 | 56,270 | 26,989 | 30,765 | 33,094 | 22,879 | 18,829 | 50,304 | 95,139 | 80,926 | |
10/15 |
-16,170 | -8,024 | -3,460 | 11,361 | 25,961 | 35,207 | 32,162 | 28,117 | 24,569 | 23,818 | 17,988 | 16,364 | 12,468 | 11,123 | 15,400 | 18,819 | 16,012 | |
10/11 |
13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | |
13 |
985 | 985 | 985 | 985 | 12,561 | 21,807 | 18,762 | 14,717 | 11,169 | 10,418 | 4,588 | 2,964 | - | - | 2,000 | 5,419 | 1,881 | |
130/1 |
985 | 985 | 985 | 985 | 985 | 985 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 985 | 782 | 605 | 568 | 276 | 195 | - | - | 2,000 | 2,000 | 1,881 | |
1311 |
985 | 985 | 985 | 985 | 985 | 985 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
- | - | - | 0 | 11,576 | 20,822 | 17,778 | 13,934 | 10,564 | 9,851 | 4,312 | 2,769 | - | - | - | 3,419 | - | |
14 |
-30,555 | -22,409 | -17,845 | -3,024 | - | - | - | - | - | - | - | - | -932 | -2,277 | - | - | 731 | |
17/49 |
25,807 | 28,201 | 15,124 | 4,181 | 4,761 | 20,384 | 25,419 | 13,184 | 31,701 | 3,170 | 12,777 | 16,730 | 10,411 | 7,706 | 34,904 | 76,320 | 64,914 | |
42/48 |
25,807 | 28,201 | 15,124 | 4,181 | 3,221 | 20,384 | 25,419 | 13,184 | 31,701 | 3,170 | 12,777 | 15,575 | 9,364 | 7,706 | 34,904 | 76,320 | 64,914 | |
44 |
2,156 | 4,933 | 2,408 | 3,828 | 1,727 | 14,557 | 15,913 | 1,658 | 14,629 | 328 | 7,587 | 1,058 | 2,227 | 3,299 | 844 | 1,651 | 6,541 | |
440/4 |
2,156 | 4,933 | 2,408 | 3,828 | 1,727 | 14,557 | 15,913 | 1,658 | 14,629 | 328 | 7,587 | 1,058 | 2,227 | 3,299 | 844 | 1,651 | 6,541 | |
45 |
152 | 2,044 | 157 | 353 | 1,493 | 5,826 | 4,417 | 5,162 | 17,072 | 2,842 | 5,190 | 5,623 | 5,874 | 194 | 21,264 | 40,321 | 23,373 | |
450/3 |
152 | 2,044 | 157 | 353 | 1,493 | 5,826 | 4,417 | 5,162 | 7,106 | 2,842 | 3,914 | 5,623 | 1,276 | 194 | 21,264 | 40,321 | 23,373 | |
454/9 |
- | - | - | - | - | - | - | - | 9,966 | - | 1,276 | - | 4,598 | - | - | - | - | |
47/48 |
23,499 | 21,224 | 12,559 | - | - | - | 5,089 | 6,365 | - | - | - | 8,894 | 1,264 | 4,214 | 12,796 | 34,348 | 35,000 | |
492/3 |
- | - | - | 0 | 1,540 | - | - | - | - | - | - | 1,155 | 1,047 | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | 3,665 | - | - | - | - | - | - | - | - | - | |
9900 |
-5,042 | 1,053 | -11,495 | -13,886 | -6,799 | 5,978 | 7,859 | 6,877 | 3,359 | 10,756 | 7,239 | 11,509 | 5,036 | -1,374 | 18,153 | 44,817 | 61,784 | |
630 |
2,458 | 4,948 | 2,576 | 86 | 69 | - | - | 211 | 211 | 1,101 | 3,358 | 4,426 | 1,450 | 1,882 | 1,461 | 1,294 | 117 | |
640/8 |
465 | 451 | 448 | 405 | 1,243 | 460 | 402 | 471 | 914 | 881 | 877 | 875 | 867 | 855 | 888 | 1,037 | 1,341 | |
9901 |
-7,965 | -4,346 | -14,518 | -14,376 | -8,111 | 5,518 | 7,457 | 6,195 | 2,234 | 8,774 | 3,003 | 6,209 | 2,720 | -4,111 | 15,804 | 42,486 | 60,325 | |
75/76B |
49 | 2 | 13 | 524 | 16 | 9 | 2 | 8 | 13 | 43 | 130 | 246 | 338 | 731 | 1,433 | 1,797 | 1,876 | |
75 |
49 | 2 | 13 | 524 | 16 | 9 | 2 | 8 | 13 | 43 | 130 | 246 | 338 | 731 | 1,433 | 1,797 | 1,876 | |
65/66B |
78 | 65 | 158 | 577 | 967 | 1,195 | 1,439 | 1,023 | 84 | 138 | 99 | 213 | 567 | 792 | 1,007 | 1,168 | 1,043 | |
65 |
78 | 65 | 158 | 577 | 967 | 1,195 | 1,439 | 1,023 | 84 | 138 | 99 | 213 | 567 | 792 | 1,007 | 1,168 | 1,043 | |
9903 |
-7,994 | -4,409 | -14,664 | -14,430 | -9,063 | 4,332 | 6,020 | 5,181 | 2,162 | 8,679 | 3,035 | 6,242 | 2,491 | -4,172 | 16,230 | 43,114 | 61,158 | |
67/77 |
152 | 155 | 157 | 170 | 183 | 1,288 | 1,974 | 1,633 | 1,412 | 2,849 | 1,410 | 2,346 | 1,147 | 104 | 6,277 | 15,308 | 23,546 | |
9904 |
-8,146 | -4,564 | -14,821 | -14,600 | -9,246 | 3,044 | 4,046 | 3,548 | 750 | 5,830 | 1,624 | 3,896 | 1,345 | -4,277 | 9,953 | 27,807 | 37,612 | |
9905 |
-8,146 | -4,564 | -14,821 | -14,600 | -9,246 | 3,044 | 4,046 | 3,548 | 750 | 5,830 | 1,624 | 3,896 | 1,345 | -4,277 | 9,953 | 27,807 | 37,612 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-30,555 | -22,409 | -17,845 | -14,600 | -9,246 | 3,044 | 4,046 | 3,548 | 750 | 5,830 | 1,624 | 2,964 | -932 | -4,277 | 9,953 | 28,538 | 37,612 | |
14P |
-22,409 | -17,845 | -3,024 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 0 | 11,576 | 9,246 | - | - | - | - | - | - | - | - | 2,000 | 3,419 | - | - | |
691/2 |
- | - | - | - | - | 3,044 | 4,046 | 3,548 | 750 | 5,830 | 1,624 | 2,964 | - | - | - | 3,538 | 1,881 | |
6920 |
- | - | - | - | - | - | 202 | 177 | 38 | 292 | 81 | 195 | - | - | - | 119 | 1,881 | |
6921 |
- | - | - | - | - | 3,044 | 3,844 | 3,370 | 713 | 5,539 | 1,543 | 2,769 | - | - | - | 3,419 | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,371 | 25,000 | 35,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,371 | 25,000 | 35,000 | |
| Document | ||||||||||||||||||
The notes to these accounts have 4 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 28-07-2026.
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 | micro format | 28-07-2026 | 2026-00342960 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00335288 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00285339 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00288872 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20255144 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-27100086 | |
| 31-12-2019 | micro format | 10-07-2020 | 2020-29400113 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-25400200 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26900229 | |
| 31-12-2016 | micro format | 16-06-2017 | 2017-18000360 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-31900474 | |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-30900481 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-25100174 | |
| 31-12-2012 | abbreviated format | 14-06-2013 | 2013-18000404 | |
| 31-12-2011 | abbreviated format | 29-06-2012 | 2012-24500060 | |
| 31-12-2010 | abbreviated format | 09-05-2011 | 2011-10600419 | |
| 31-12-2009 | abbreviated format | 24-06-2010 | 2010-21500313 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5,507 | 602 | -11,943 | -14,291 | -8,043 | - | - | 6,407 | 2,445 | 9,875 | 6,361 | 10,634 | 4,170 | -2,229 | 17,265 | 43,780 | 60,443 | ||
| -5,688 | 384 | -12,245 | -14,514 | -9,177 | - | - | 3,759 | 961 | 6,932 | 4,982 | 8,322 | 2,794 | -2,394 | 11,414 | 29,100 | 37,729 | ||
| 0 | 0 | 9,724 | 0 | 429 | - | - | 0 | 0 | 0 | 0 | 7,848 | 330 | 1,730 | 694 | 1,555 | 3,354 | ||
| 3,552 | -194 | 805 | -7,282 | -24,681 | -5,945 | 15,176 | -15,429 | 20,452 | 4,716 | -3,895 | -2,183 | 7,569 | -35,068 | -29,332 | 2,737 | - | ||
| -16,187 | -10,499 | -10,883 | 11,086 | 27,140 | 35,207 | 32,162 | 28,117 | 24,357 | 23,396 | 16,464 | 12,637 | 12,055 | 8,544 | 12,668 | 15,320 | 12,775 | ||
| -167.8% | -39.8% | -29.7% | 73.1% | 84.5% | 63.3% | 55.9% | 68.1% | 43.7% | 88.3% | 58.5% | 49.4% | 54.5% | 59.1% | 30.6% | 19.8% | 19.8% | ||
| 0.37 | 0.63 | 0.28 | 3.65 | 9.43 | 2.73 | 2.27 | 3.13 | 1.77 | 8.38 | 2.29 | 1.81 | 2.29 | 2.11 | 1.36 | 1.20 | 1.20 | ||
| - | - | - | 0.37 | 0.18 | 0.58 | 0.79 | 0.47 | 1.29 | 0.13 | 0.71 | 1.02 | 0.84 | 0.69 | 2.27 | 4.06 | 4.05 | ||
| - | - | - | -128.5% | -35.6% | 8.6% | 12.6% | 12.6% | 3.1% | 24.5% | 9.0% | 23.8% | 10.8% | -38.4% | 64.6% | 147.8% | 234.9% | ||
| -84.5% | -22.6% | -127.1% | -93.9% | -30.1% | 5.5% | 7.0% | 8.6% | 1.3% | 21.6% | 5.3% | 11.8% | 5.9% | -22.7% | 19.8% | 29.2% | 46.5% | ||
| -70.32 | 9.28 | -75.37 | -24.75 | -8.31 | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €9,724 | - | €429 |
| €2,458 | €4,948 | €2,576 | €86 | €69 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VALUEBYTES
The operating result for 2025 is a loss of €7,965, larger than the loss of €4,346 in 2024.
Equity is negative. Debt (€25,807) exceeds the balance-sheet total (€9,637).