Versatile
Annual accounts 2025
micro format, filed on 05-01-2026, 26 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 ≈ €270,000. Estimated: probably between €180,000 and €450,000.
Balance sheet
balance sheet total €38,330 on 30-06-2025Change in equityin euro
Change in cashin euro
Position in the sector
Solvency33.1%
Higher than 35% of 35,008 companies in 2025.
Current ratio1.31
Higher than 34% of 34,384 companies in 2025.
Return on assets3.4%
Higher than 38% of 34,584 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff cost per FTE€12,589
Staff costs divided by the average number of full-time equivalents.
Joined and left-1
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
Total assets20/58 |
38,330 | 124,155 | 46,164 | 47,667 | |
Fixed assets21/28 |
19,937 | 60,457 | 24,232 | 25,916 | |
Intangible fixed assets21 |
841 | 1,441 | 2,041 | 2,641 | |
Tangible fixed assets22/27 |
19,096 | 59,016 | 22,191 | 23,276 | |
Plant, machinery and equipment23 |
1,400 | 3,135 | 6,900 | 6,198 | |
Furniture and vehicles24 |
6,072 | 4,293 | 4,198 | 1,951 | |
Leasing and similar rights25 |
11,623 | 51,588 | 11,094 | 15,127 | |
Current assets29/58 |
18,393 | 63,697 | 21,932 | 21,750 | |
Amounts receivable within one year40/41 |
3,285 | 21,937 | 9,432 | 12,334 | |
Trade receivables40 |
3,285 | 21,622 | 9,432 | 12,334 | |
Other amounts receivable41 |
- | 314 | - | - | |
Cash at bank and in hand54/58 |
12,978 | 34,444 | 7,403 | 7,985 | |
Deferred charges and accrued income490/1 |
2,130 | 7,317 | 5,096 | 1,432 | |
| Balance sheet: equity and liabilities | |||||
Total equity and liabilities10/49 |
38,330 | 124,155 | 46,164 | 47,667 | |
Equity10/15 |
12,686 | 11,390 | 7,416 | 10,781 | |
Contributions10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
Profit (loss) carried forward14 |
8,686 | 7,390 | 3,416 | 6,781 | |
Amounts payable17/49 |
25,643 | 112,765 | 38,748 | 36,886 | |
Amounts payable after more than one year17 |
6,847 | 35,898 | 6,501 | 9,847 | |
Financial debts170/4 |
6,847 | 35,898 | 6,501 | 9,847 | |
Amounts payable within one year42/48 |
13,996 | 39,214 | 32,247 | 27,039 | |
Current portion of amounts payable after more than one year42 |
5,458 | 10,829 | 3,346 | 3,294 | |
Trade debts44 |
3,170 | 19,696 | 22,440 | 15,142 | |
Suppliers440/4 |
3,170 | 19,696 | 22,440 | 15,142 | |
Taxes, remuneration and social security45 |
4,291 | 7,001 | 5,073 | 7,882 | |
Taxes450/3 |
4,291 | 3,559 | 3,273 | 4,022 | |
Remuneration and social security454/9 |
- | 3,442 | 1,800 | 3,860 | |
Other amounts payable47/48 |
1,077 | 1,688 | 1,388 | 721 | |
Accrued charges and deferred income492/3 |
4,800 | 37,653 | - | - | |
| Income statement | |||||
Non-recurring operating income76A |
750 | - | - | - | |
Gross operating margin9900 |
44,799 | 33,987 | 10,521 | 27,952 | |
Remuneration, social security and pensions62 |
17,625 | 12,702 | 3,985 | 7,181 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
11,932 | 12,084 | 8,230 | 8,512 | |
Other operating charges640/8 |
1,121 | 2,720 | 692 | 3,142 | |
Non-recurring operating charges66A |
8,688 | - | - | - | |
Operating profit (loss)9901 |
5,434 | 6,480 | -2,387 | 9,118 | |
Financial income75/76B |
0 | 6 | 1 | 9 | |
Recurring financial income75 |
0 | 6 | 1 | 9 | |
Financial charges65/66B |
2,598 | 1,306 | 661 | 1,012 | |
Recurring financial charges65 |
2,598 | 1,306 | 661 | 1,012 | |
Profit (loss) for the period before taxes9903 |
2,836 | 5,181 | -3,046 | 8,114 | |
Income taxes67/77 |
1,539 | 1,207 | 318 | 1,333 | |
Profit (loss) for the period9904 |
1,297 | 3,973 | -3,364 | 6,781 | |
Profit (loss) for the period to be appropriated9905 |
1,297 | 3,973 | -3,364 | 6,781 | |
| Appropriation of the result | |||||
Profit (loss) to be appropriated9906 |
8,686 | 7,390 | 3,416 | 6,781 | |
Profit (loss) brought forward from the previous period14P |
7,390 | 3,416 | 6,781 | - | |
| Social balance sheet | |||||
Average staff (FTE)9087 |
1.4 | 0.5 | 0.2 | 0.1 | |
Hours worked1013 |
663 | 493 | 175 | 338 | |
| Document | |||||
The notes to these accounts have 11 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 05-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| EBITDA | 17,366 | 18,565 | 5,844 | 17,629 | |
| Cash flow | 13,229 | 16,057 | 4,866 | 15,293 | |
| Investment in fixed assets | 5,099 | 48,309 | 6,546 | 34,428 | |
| Change in cash | -21,466 | 27,040 | -582 | - | |
| Working capital | 4,396 | 24,483 | -10,315 | -5,289 | |
| Solvency | 33.1% | 9.2% | 16.1% | 22.6% | |
| Current ratio | 1.31 | 1.62 | 0.68 | 0.80 | |
| Debt to equity | 2.02 | 9.90 | 5.22 | 3.42 | |
| ROE | 10.2% | 34.9% | -45.4% | 62.9% | |
| ROA | 3.4% | 3.2% | -7.3% | 14.2% | |
| Interest coverage | 6.68 | 14.22 | 8.84 | 17.42 |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | - | - |
| part-time | - | 1 | - | - |
| in full-time equivalents | - | 0.8 | - | - |
| Average over the year, in full-time equivalents | 1.4 | 0.4 | 0.2 | 0.1 |
| On a permanent contract | - | 1 | - | - |
| Joined | 1 | 1 | 1 | 1 |
| Left | 2 | 0 | 1 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €5,099 | €48,309 | €6,546 | €31,429 |
| Intangible fixed assets | - | - | - | €2,999 |
| Depreciation and write-downs of the year | €11,932 | €12,084 | €8,230 | €8,512 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Versatile
The operating result for 2025 is 16% lower than in 2024.
Debt's share of the balance-sheet total falls from 90.8% to 66.9%. Equity is higher and debt is lower.