@vice
Annual accounts 2025
abbreviated format, filed on 31-07-2026, on the day of the deadline€486,686
▲ 449%
€441,424
▲ 736%
€480,792
▲ 481%
€6.9m
▲ 58.2%
96.1%
▲ 0.5 percentage points
-
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €740,000. Estimated: probably between €580,000 and €1.3m.
Money flows
no detail for 2025Balance sheet
balance sheet total €45.7m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
96.1%
Higher than 93% of 10,858 companies in 2025.
15.0%
Higher than 75% of 10,727 companies in 2025.
@vice
Middle half of the sector
80% of the sector
Abbreviated accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
45.7m | 38.8m | 32.2m | 32.6m | 28.4m | 20.0m | 16.6m | 15.7m | 14.8m | 14.1m | 5.0m | 4.9m | 4.9m | 5.2m | 4.7m | 2.5m | 1.0m | 536,706 | 488,313 | |
21/28 |
7.3m | 8.6m | 3.5m | 3.5m | 2.8m | 2.6m | 3.9m | 3.9m | 3.9m | 2.2m | 2.2m | 2.3m | 2.2m | 2.2m | 2.3m | 1.8m | 232,303 | 240,273 | 248,243 | |
22/27 |
3.5m | 3.5m | 780,945 | 818,116 | 73,344 | 101,200 | 1.4m | 1.4m | 1.4m | 1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.6m | 1.6m | 16,264 | 24,234 | 32,203 | |
22 |
3.4m | 3.5m | 728,724 | 760,314 | 6,593 | 7,660 | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.6m | 351 | 365 | 378 | |
23 |
2,256 | 2,552 | 2,849 | - | - | - | - | - | - | - | - | - | 164 | 273 | 383 | - | - | - | - | |
24 |
17,806 | 12,019 | 14,309 | 22,738 | 31,688 | 58,322 | 72,991 | 42,242 | 53,543 | 54 | 2,125 | 17,920 | 47,330 | 64,538 | 78,254 | 11,563 | 15,912 | 23,869 | 31,825 | |
26 |
35,063 | 35,063 | 35,063 | 35,063 | 35,063 | 35,218 | 35,372 | 40,072 | 45,081 | - | - | - | 310 | 930 | 1,550 | - | - | - | - | |
28 |
3.9m | 5.1m | 2.7m | 2.7m | 2.7m | 2.5m | 2.5m | 2.5m | 2.5m | 909,406 | 849,878 | 849,878 | 699,878 | 693,878 | 693,878 | 201,039 | 216,039 | 216,039 | 216,039 | |
29/58 |
38.3m | 30.2m | 28.7m | 29.1m | 25.7m | 17.3m | 12.7m | 11.8m | 10.8m | 11.9m | 2.8m | 2.6m | 2.7m | 2.9m | 2.4m | 655,735 | 774,687 | 296,433 | 240,070 | |
29 |
10.1m | 7.5m | 3.3m | 3.4m | 3.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
- | - | - | 0 | 3.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
10.1m | 7.5m | 3.3m | 3.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
2.2m | 2.2m | 4.8m | 5.6m | 5.0m | 3.5m | 3.5m | 3.5m | 3.6m | 9.2m | 71,081 | 33,199 | 146,992 | 92,626 | 50,225 | 2,448 | - | - | 160,798 | |
40 |
268,821 | 175,830 | 66,820 | 60,525 | 57,802 | 21,780 | 21,780 | 31,460 | 92,465 | 31,460 | 42,078 | 31,658 | 90,145 | 47,190 | 45,090 | - | - | - | 45,308 | |
41 |
2.0m | 2.0m | 4.7m | 5.6m | 5.0m | 3.5m | 3.5m | 3.5m | 3.5m | 9.2m | 29,003 | 1,541 | 56,847 | 45,436 | 5,135 | 2,448 | - | - | 115,490 | |
50/53 |
24.0m | 19.7m | 18.3m | 2.0m | 2.1m | 1.9m | 3.0m | 3.0m | 754,860 | 790,858 | 2.4m | 2.3m | 2.3m | 2.7m | 2.0m | 627,558 | 627,006 | 260,001 | - | |
54/58 |
1.8m | 667,783 | 2.2m | 18.0m | 15.1m | 11.9m | 6.0m | 5.2m | 6.4m | 1.8m | 366,224 | 307,012 | 284,565 | 105,864 | 289,589 | 11,984 | 146,626 | 36,432 | 79,272 | |
490/1 |
301,705 | 115,414 | 202,332 | 68,975 | 1,707 | 2,174 | 103,560 | 134,310 | 47,500 | 25,000 | - | - | - | - | - | 13,744 | 1,055 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
45.7m | 38.8m | 32.2m | 32.6m | 28.4m | 20.0m | 16.6m | 15.7m | 14.8m | 14.1m | 5.0m | 4.9m | 4.9m | 5.2m | 4.7m | 2.5m | 1.0m | 536,706 | 488,313 | |
10/15 |
43.9m | 37.1m | 30.5m | 31.8m | 28.3m | 19.9m | 16.0m | 15.1m | 14.1m | 13.2m | 4.2m | 3.9m | 4.1m | 4.2m | 3.7m | 1.2m | 782,719 | 330,299 | 337,786 | |
10/11 |
2.6m | 2.6m | 340,800 | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 340,800 | 340,800 | 340,800 | 45,000 | 45,000 | 45,000 | 45,000 | |
100 |
- | - | - | - | - | - | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 3.6m | 340,800 | 340,800 | 340,800 | 45,000 | 45,000 | 45,000 | 45,000 | |
13 |
41.4m | 34.5m | 30.2m | 28.1m | 24.7m | 16.3m | 12.3m | 11.4m | 10.4m | 9.6m | 515,470 | 294,328 | 3.7m | 3.9m | 3.4m | 1.1m | 737,719 | 285,299 | 292,786 | |
130/1 |
- | - | 0 | 363,480 | 363,480 | 363,480 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 363,480 | 363,480 | 363,480 | 363,480 | 47,445 | 36,385 | 34,080 | 34,080 | 34,080 | 4,500 | 4,500 | 4,500 | 4,500 | |
1311 |
- | - | 0 | 363,480 | 363,480 | 363,480 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | 0 | 44,500 | 133,500 | 133,500 | 133,500 | 89,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
41.4m | 34.5m | 30.2m | 27.7m | 24.2m | 15.8m | 11.8m | 11.0m | 10.0m | 9.2m | 468,025 | 257,943 | 3.7m | 3.9m | 3.3m | 1.1m | 733,219 | 280,799 | 288,286 | |
17/49 |
1.8m | 1.7m | 1.7m | 835,540 | 140,199 | 42,739 | 629,439 | 661,043 | 699,966 | 905,436 | 860,763 | 934,724 | 857,291 | 942,842 | 957,813 | 1.3m | 224,272 | 206,406 | 150,527 | |
17 |
1.5m | 1.5m | 1.6m | 813,315 | - | - | 566,004 | 591,427 | 618,579 | 625,082 | 739,000 | 739,000 | 739,000 | 739,000 | 739,000 | 1.2m | - | - | - | |
170/4 |
1.5m | 1.5m | 1.6m | 813,315 | - | - | 566,004 | 591,427 | 618,579 | 625,082 | 739,000 | 739,000 | 739,000 | 739,000 | 739,000 | 1.2m | - | - | - | |
42/48 |
108,742 | 69,863 | 59,089 | 13,099 | 140,199 | 42,739 | 63,435 | 69,616 | 81,388 | 280,354 | 121,763 | 195,724 | 118,291 | 203,842 | 218,813 | 161,172 | 218,145 | 206,406 | 150,527 | |
43 |
1,240 | 192 | 541 | 958 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
1,240 | 192 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
439 |
- | 0 | 541 | 958 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
8,282 | 6,282 | 30,476 | 8,600 | 12,003 | 4,321 | 14,634 | 26,413 | 50,994 | 1,425 | 10,891 | 2,705 | 13,427 | 2,869 | 6,076 | 9,379 | 6,407 | 25,123 | 7,811 | |
440/4 |
8,282 | 6,282 | 30,476 | 8,600 | 12,003 | 4,321 | 14,634 | 26,413 | 50,994 | 1,425 | 10,891 | 2,705 | 13,427 | 2,869 | 6,076 | 9,379 | 6,407 | 25,123 | 7,811 | |
46 |
- | - | - | 0 | 121,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
99,219 | 63,389 | 28,072 | 3,541 | 7,196 | 38,417 | 27,878 | 26,262 | 13,262 | 28,930 | 8,240 | 32,765 | 8,602 | 13,146 | 21,763 | 3,322 | 47,471 | 25,694 | 4,581 | |
450/3 |
99,219 | 63,389 | 28,072 | 3,541 | 7,196 | 38,417 | 27,878 | 26,262 | 13,262 | 28,930 | 8,240 | 32,765 | 4,891 | 12,063 | 21,763 | 3,322 | 47,471 | 25,694 | 4,581 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,711 | 1,083 | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | 20,924 | 16,940 | 17,131 | 250,000 | 102,632 | 160,254 | 96,262 | 187,827 | 190,974 | 148,470 | 164,267 | 155,590 | 138,136 | |
492/3 |
161,876 | 87,231 | 71,647 | 9,125 | - | - | - | - | - | - | - | - | - | - | - | - | 6,127 | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 199,758 | - | |
76A |
- | - | - | 0 | 3,719 | - | 10,000 | - | - | 8.1m | - | - | - | - | 5,570 | 95 | - | - | 3,306 | |
9900 |
486,686 | 88,638 | 95,788 | 274,103 | 93,495 | 1.0m | 134,434 | 191,368 | 170,118 | 8.3m | 400,083 | 87,361 | 317,894 | 182,813 | 274,208 | 149,332 | 128,292 | 51,590 | 42,525 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 139,550 | - | |
62 |
- | 0 | 544 | 152 | 132 | 340 | 1,662 | - | - | - | 2,057 | 41 | 17,050 | 1,291 | 14,392 | 5,220 | 5,220 | 5,220 | 6,115 | |
630 |
39,367 | 29,880 | 53,973 | 17,960 | 27,855 | 27,395 | 62,073 | 49,922 | 49,524 | 33,146 | 46,870 | 25,396 | 56,524 | 83,695 | 90,337 | 19,763 | 7,970 | 7,970 | 7,970 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 78,366 | - | - | - | |
640/8 |
5,894 | 5,952 | 4,038 | 3,569 | 3,423 | 2,765 | 14,910 | 1,324 | 20,404 | 1,637 | 1,243 | 403 | 1,383 | 1,347 | 5,222 | 573 | 871 | 940 | 3,162 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,220 | |
9901 |
441,424 | 52,806 | 37,233 | 252,422 | 62,086 | 1.0m | 55,788 | 140,122 | 100,189 | 8.3m | 349,913 | 61,521 | 242,937 | 96,480 | 164,256 | 45,410 | 114,231 | 37,460 | 25,279 | |
75/76B |
7.2m | 4.6m | 2.2m | 3.4m | 8.4m | 3.2m | 906,128 | 988,862 | 804,011 | 898,712 | 5,062 | 18,855 | 30,855 | 830,545 | 638,058 | 356,509 | 399,954 | - | 211,228 | |
75 |
7.2m | 4.6m | 2.2m | 3.4m | 8.4m | 3.2m | 906,128 | 988,862 | 804,011 | 898,712 | 5,062 | 18,855 | 30,855 | 830,545 | 638,058 | 356,509 | 399,954 | - | 211,228 | |
76B |
0 | 12,171 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
728,422 | 124,576 | 103,627 | 23,129 | 19,255 | 16,150 | 23,893 | 24,361 | 24,589 | 35,352 | 49,122 | 28,600 | 52,806 | 55,837 | 38,166 | 16,259 | 13,536 | 36,782 | 13,607 | |
65 |
728,422 | 124,576 | 103,627 | 23,129 | 15,946 | 16,150 | 23,893 | 24,361 | 24,589 | 35,352 | 49,122 | 28,600 | 52,806 | 55,837 | 38,166 | 16,259 | 13,536 | 36,782 | 13,607 | |
66B |
- | - | - | 0 | 3,309 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
6.9m | 4.5m | 2.2m | 3.6m | 8.5m | 4.2m | 938,023 | 1.1m | 879,611 | 9.1m | 305,852 | 51,776 | 220,987 | 871,188 | 769,718 | 385,755 | 500,649 | 678 | 220,986 | |
67/77 |
109,991 | 198,191 | 134,135 | 109,190 | 53,032 | 251,072 | 43,551 | 91,601 | 35,373 | 84,380 | 84,710 | 5,682 | 44,315 | 466 | 41,685 | 9,039 | 48,230 | 8,165 | 10,330 | |
9904 |
6.8m | 4.3m | 2.0m | 3.5m | 8.4m | 3.9m | 894,472 | 1.0m | 844,238 | 9.0m | 221,142 | 46,094 | 176,671 | 870,723 | 728,033 | 376,716 | 452,419 | -7,486 | 210,656 | |
789 |
- | 0 | 44,500 | 89,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 44,500 | 89,000 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
6.8m | 4.3m | 2.1m | 3.6m | 8.4m | 3.9m | 849,972 | 924,023 | 844,238 | 9.0m | 221,142 | 46,094 | 176,671 | 870,723 | 728,033 | 376,716 | 452,419 | -7,486 | 210,656 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
6.8m | 4.3m | 2.1m | 3.6m | 8.4m | 3.9m | 849,972 | 924,023 | 844,238 | 9.0m | 221,142 | 46,094 | 176,671 | 870,723 | 728,033 | 376,716 | 452,419 | -7,486 | 210,656 | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 350,000 | 350,000 | - | - | - | 7,486 | - | |
691/2 |
6.8m | 4.3m | 2.1m | 3.6m | 8.4m | 3.9m | 849,972 | 924,023 | 844,238 | 9.0m | 221,142 | 46,094 | 176,671 | 870,723 | 728,033 | 376,716 | 452,419 | - | 210,656 | |
6920 |
- | - | - | - | - | - | - | - | - | 316,035 | 11,060 | 2,305 | - | - | - | - | - | - | - | |
6921 |
6.8m | 4.3m | 2.1m | 3.6m | 8.4m | 3.9m | 849,972 | 924,023 | 844,238 | 8.7m | 210,082 | 43,789 | 176,671 | 870,723 | 728,033 | 376,716 | 452,419 | - | 210,656 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 350,000 | 350,000 | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 350,000 | 350,000 | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 0.7 | 0.1 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,123 | 100 | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 15 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 31-07-2026.
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 | 31-07-2026 | 2026-00365251 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00459715 | |
| 31-12-2023 | abbreviated format | 26-08-2024 | 2024-00369060 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00368734 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20386089 | |
| 31-12-2020 | abbreviated format | 25-08-2021 | 2021-53800281 | |
| 31-12-2019 | abbreviated format | 06-10-2020 | 2020-58900100 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-54800017 | |
| 31-12-2017 | abbreviated format | 25-07-2018 | 2018-38100058 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-49900323 | |
| 31-12-2015 | abbreviated format | 19-08-2016 | 2016-44600103 | |
| 31-12-2014 | abbreviated format | 30-10-2015 | 2015-66100557 | |
| 30-06-2014 | abbreviated format | 21-01-2015 | 2015-02200147 | |
| 30-06-2013 | abbreviated format | 24-02-2014 | 2014-04800133 | |
| 30-06-2012 | abbreviated format | 20-02-2013 | 2013-04300332 | |
| 30-06-2011 | abbreviated format | 16-02-2012 | 2012-03800374 | |
| 30-06-2010 | abbreviated format | 27-01-2011 | 2011-01700335 | |
| 30-06-2009 | abbreviated format | 21-01-2010 | 2010-01900174 | |
| 30-06-2008 | abbreviated format | 06-02-2009 | 2009-03800379 | |
| 30-06-2007 | abbreviated format | 15-02-2008 | 2008-04600308 | |
| 30-06-2006 | abbreviated format | 13-12-2006 | 2006-90603972 | |
| 30-06-2005 | abbreviated format | 10-01-2006 | 2006-00804792 | |
| 30-06-2004 | abbreviated format | 20-12-2004 | 2004-86400071 | |
| 30-06-2003 | abbreviated format | 16-12-2003 | 2003-83600959 | |
| 30-06-2002 | abbreviated format | 03-03-2003 | 2003-06001923 | |
| 30-06-2001 | abbreviated format | 11-12-2001 | 2001-75100613 | |
| 30-06-2000 | abbreviated format | 20-12-2000 | 2000-76603713 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €2,868 awarded, €3,225 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €147 | €147 |
| 2024 | 1 | €2,414 | €2,414 |
| 2023 | 1 | €0 | €357 |
| 2022 | 1 | €307 | €307 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 480,792 | 82,687 | 91,206 | 270,382 | 89,941 | 1.0m | 117,862 | 190,044 | 149,714 | 8.3m | 396,783 | 86,917 | 299,462 | 180,175 | 254,594 | 65,173 | 122,201 | 45,430 | 33,249 | ||
| 6.9m | 4.3m | 2.1m | 3.5m | 8.4m | 4.0m | 956,545 | 1.1m | 893,763 | 9.1m | 268,012 | 71,490 | 233,196 | 954,418 | 818,370 | 396,479 | 460,389 | 484 | 218,626 | ||
| 8,740 | 5.1m | 116,802 | 762,731 | 151,343 | 11,506 | 57,185 | 2,606 | 1.8m | 63,312 | 0 | 150,000 | 18,489 | 5,486 | 622,785 | 1.7m | 0 | 0 | 54,781 | ||
| 1.1m | -1.5m | -15.8m | 2.9m | 3.2m | 5.9m | 833,938 | -1.2m | 4.5m | 1.5m | 59,212 | 22,447 | 178,701 | -183,726 | 277,606 | -134,642 | 110,195 | -42,841 | - | ||
| 38.2m | 30.1m | 28.6m | 29.1m | 25.5m | 17.3m | 12.6m | 11.8m | 10.7m | 11.6m | 2.7m | 2.4m | 2.6m | 2.7m | 2.1m | 494,563 | 556,542 | 90,026 | 89,543 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.8% | - | ||
| 96.1% | 95.6% | 94.7% | 97.4% | 99.5% | 99.8% | 96.2% | 95.8% | 95.3% | 93.6% | 82.9% | 80.8% | 82.5% | 81.8% | 79.5% | 46.9% | 77.7% | 61.5% | 69.2% | ||
| - | - | - | - | - | - | - | - | - | 42.33 | 23.02 | 13.33 | 23.01 | 14.43 | 10.78 | 4.07 | 3.55 | 1.44 | 1.59 | ||
| 0.04 | 0.05 | 0.06 | 0.03 | 0.00 | 0.00 | 0.04 | 0.04 | 0.05 | 0.07 | 0.21 | 0.24 | 0.21 | 0.22 | 0.26 | 1.13 | 0.29 | 0.62 | 0.45 | ||
| 15.6% | 11.7% | 6.7% | 10.9% | 29.7% | 19.8% | 5.6% | 6.7% | 6.0% | 68.5% | 5.3% | 1.2% | 4.4% | 20.6% | 19.6% | 32.5% | 57.8% | -2.3% | 62.4% | ||
| 15.0% | 11.1% | 6.3% | 10.7% | 29.5% | 19.8% | 5.4% | 6.4% | 5.7% | 64.1% | 4.4% | 0.9% | 3.6% | 16.8% | 15.6% | 15.2% | 44.9% | -1.4% | 43.1% | ||
| 0.66 | 0.66 | 0.88 | 11.69 | 5.64 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 66 days | - |
A ratio outside any meaningful range has been withheld (balance sheet total €45.7m, equity €43.9m).
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 | €8,740 | €2.8m | €16,802 | €762,731 | - |
| Financial fixed assets | - | €2.3m | €100,000 | - | €151,343 |
| €39,367 | €29,880 | €53,973 | €17,960 | €27,855 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on @vice
The operating result for 2025 is 8.4 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 4.4% to 3.9%. Equity and debt are higher.
Large changes and their cause
- 2022 Net result -59% on 2021. The accounts now follow the abbreviated format, last year the micro format.
- 2021 Net result +113% on 2020. The accounts now follow the micro format, last year the abbreviated format.