Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 9 filings
Turnover
≈ €66,000
Estimated: probably between €41,000 and €89,000
EBIT margin
Not included in this filing
Net result
-€9,139▲ 57.1%
2024 · -€21,317
Working capital
-€112,087▼ 49.9%
2024 · -€74,784
In the rankings
#3 company by equity in Ham-sur-Heure-Nalinnes, Administrative and support services sector#5 company by total assets in Ham-sur-Heure-Nalinnes, Administrative and support services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€3,744
2025
20182025
Net result
-€9,139
▲ 57.1%
2025
lowest quarter of the sector
20182025
Equity
€892,929
▼ 1.0%
2025
highest quarter of the sector
20182025
Total assets
€1.3m
▼ 2.9%
2025
middle half of the sector
20182025
Debt
€390,299
▼ 7.0%
2025
20182025
Working capital
-€112,087
▼ 49.9%
2025
lowest quarter of the sector
20182025
Solvency
69.6%
▲ 1.3pp
2025
middle half of the sector
20182025
Current ratio
0.11
▼ 0.19
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-0.7%
▲ 0.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
0
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.06m▲ 67.8%-€0.008m€0.009m€0.02m▲ 145%€0.04m▲ 69.3%-€0.002m€0.004m
Net result€0.2m-€0.2m▲ 8.2%€0.1mabove the sector's middle half▼ 50.1%€0.1mabove the sector's middle half▼ 13.5%€0.06mabove the sector's middle half▼ 43.9%€0.06mwithin the sector's middle half▲ 0.6%-€0.02mbelow the sector's middle half-€0.009mbelow the sector's middle half▲ 57.1%
Equity€0.3m-€0.6m▲ 73.8%€0.7mabove the sector's middle half▲ 21.2%€0.8mabove the sector's middle half▲ 15.1%€0.9mabove the sector's middle half▲ 7.4%€0.9mwithin the sector's middle half▲ 6.9%€0.9mwithin the sector's middle half▼ 2.3%€0.9mabove the sector's middle half▼ 1.0%
Total assets€1.7m-€1.7m▲ 0.6%€1.7mabove the sector's middle half▼ 0.7%€1.4mabove the sector's middle half▼ 20.6%€1.4mabove the sector's middle half▲ 0.9%€1.4mwithin the sector's middle half▲ 1.1%€1.3mwithin the sector's middle half▼ 5.7%€1.3mwithin the sector's middle half▼ 2.9%
Debt€1.4m-€1.2m▼ 16.8%€1.0m▼ 11.5%€0.6m▼ 44.8%€0.5m▼ 8.2%€0.5m▼ 8.5%€0.4m▼ 12.3%€0.4m▼ 7.0%
Working capital-€0.5m--€0.3m▲ 30.2%-€0.4mbelow the sector's middle half▼ 19.3%-€0.1mbelow the sector's middle half▲ 72.0%-€0.03mbelow the sector's middle half▲ 70.9%-€0.03mwithin the sector's middle half▼ 0.4%-€0.07mbelow the sector's middle half▼ 126%-€0.1mbelow the sector's middle half▼ 49.9%
Solvency19.1%-33.1%▲ 13.9pp40.4%within the sector's middle half▲ 7.3pp58.5%within the sector's middle half▲ 18.2pp62.3%within the sector's middle half▲ 3.8pp65.9%within the sector's middle half▲ 3.6pp68.3%within the sector's middle half▲ 2.4pp69.6%within the sector's middle half▲ 1.3pp
Current ratio0.05-0.06▲ 0.010.05below the sector's middle half▼ 0.010.31below the sector's middle half▲ 0.260.78below the sector's middle half▲ 0.470.74below the sector's middle half▼ 0.040.30below the sector's middle half▼ 0.440.11below the sector's middle half▼ 0.19
Return on assets (ROA)13.0%-14.0%▲ 1.0pp7.1%within the sector's middle half▼ 7.0pp7.7%within the sector's middle half▲ 0.6pp4.3%within the sector's middle half▼ 3.4pp4.3%within the sector's middle half=-1.6%below the sector's middle half▼ 5.9pp-0.7%below the sector's middle half▲ 0.9pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €3,744, after a loss of €2,028 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.3m ▼ 1.5%
Current assets
€14,132 ▼ 56.9%
Equity and liabilities €1.3m
Equity
€892,929 ▼ 1.0%
Debt
€390,299 ▼ 7.0%
Debt's share of the balance-sheet total falls from 31.7% to 30.4%. Equity and debt are lower.
Key figures and ratios
ROE
-1.0%▲
2024 · -2.4%
Debt ≤ 1 year
€126,219▲
2024 · €107,587
Debt > 1 year
€264,080▼
2024 · €311,904
Income taxes
€239▼
2024 · €261
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,214 | €72,737 | €51,782 | €2,376 | €1,855 |
| Depreciation and write-downs of the year | €10,983 | €4,657 | €12,197 | €21,240 | €21,516 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,405 | €11,018 | €11,179 | €10,983 | €4,657 | €12,197 | €21,240 | €21,516 | ▲ 1.3% |
| Other operating charges640/8 | - | - | - | €1,049 | €1,083 | €1,193 | €1,179 | €1,400 | ▲ 18.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €186 | €0 | - | - |
| Gross operating margin9900 | €43,186 | €69,505 | €4,535 | €20,676 | €26,882 | €49,376 | €20,391 | €26,659 | ▲ 30.7% |
| Operating profit (loss)9901 | €34,728 | €58,285 | -€7,653 | €8,644 | €21,142 | €35,801 | -€2,028 | €3,744 | - |
| Financial income75/76B | - | - | - | €110,000 | €46,951 | €43,844 | €662 | €0 | ▼ 100.0% |
| Recurring financial income75 | €215,000 | €213,000 | €145,000 | €110,000 | €46,951 | €43,844 | €662 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €12,589 | €8,675 | €15,122 | €19,690 | €12,644 | ▼ 35.8% |
| Recurring financial charges65 | €21,661 | €17,945 | €15,262 | €12,589 | €8,675 | €15,122 | €19,690 | €12,644 | ▼ 35.8% |
| Profit (loss) for the period before taxes9903 | €228,067 | €253,340 | €122,086 | €106,055 | €59,418 | €64,523 | -€21,056 | -€8,900 | ▲ 57.7% |
| Income taxes67/77 | €1,864 | €8,490 | €0 | €455 | €155 | €4,920 | €261 | €239 | ▼ 8.5% |
| Profit (loss) for the period9904 | €226,203 | €244,851 | €122,086 | €105,600 | €59,264 | €59,603 | -€21,317 | -€9,139 | ▲ 57.1% |
| Profit (loss) for the period to be appropriated9905 | €226,203 | €244,851 | €122,086 | €105,600 | €59,264 | €59,603 | -€21,317 | -€9,139 | ▲ 57.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.7m | €1.7m | €1.7m | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 2.9% |
| Fixed assets21/28 | €1.7m | €1.7m | €1.7m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.5% |
| Tangible fixed assets22/27 | €0.009m | €0.02m | €0.01m | €0.004m | €0.07m | €0.1m | €0.09m | €0.07m | ▼ 21.3% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | €115 | ▼ 77.7% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.07m | €0.1m | €0.09m | €0.07m | ▼ 20.9% |
| Financial fixed assets28 | €1.7m | €1.7m | €1.7m | €1.3m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €0.02m | €0.02m | €0.02m | €0.05m | €0.1m | €0.09m | €0.03m | €0.01m | ▼ 56.9% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.02m | €0.01m | €0.01m | ▼ 15.2% |
| Trade receivables40 | - | - | - | €0.02m | €0.01m | €0.02m | €0.01m | €0.01m | ▼ 15.2% |
| Other amounts receivable41 | - | - | - | €0 | - | €446 | €0 | - | - |
| Cash at bank and in hand54/58 | €0.004m | €0.003m | €0.004m | €0.03m | €0.1m | €0.07m | €0.01m | €0.001m | ▼ 93.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.002m | €0.005m | €0.002m | ▼ 64.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.7m | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 2.9% |
| Equity10/15 | €0.3m | €0.6m | €0.7m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | ▼ 1.0% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €0.2m | €0.5m | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 1.2% |
| Amounts payable17/49 | €1.4m | €1.2m | €1.0m | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 7.0% |
| Amounts payable after more than one year17 | €0.9m | €0.8m | €0.6m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 15.3% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 15.3% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.4m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 17.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.05m | €0.05m | €0.05m | €0.05m | ▲ 4.0% |
| Financial debts43 | - | - | - | €0.001m | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.001m | €0 | - | - | - | - |
| Trade debts44 | €0.004m | €0.001m | €0.004m | €0.004m | €0.003m | €0.007m | €0.001m | €0.003m | ▲ 92.6% |
| Suppliers440/4 | - | - | - | €0.004m | €0.003m | €0.007m | €0.001m | €0.003m | ▲ 92.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.01m | €0.007m | €0.006m | €0.01m | ▲ 92.6% |
| Taxes450/3 | - | - | - | €0.007m | €0.006m | €0.005m | €0.006m | €0.008m | ▲ 32.1% |
| Remuneration and social security454/9 | - | - | - | - | €0.003m | €0.002m | €0 | €0.004m | - |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.09m | €0.06m | €0.05m | €0.06m | ▲ 18.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.004m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €226,203 | €244,851 | €122,086 | €105,600 | €59,264 | €59,603 | -€21,317 | -€9,139 | ▲ 57.1% |
| + Depreciation and write-downs630 | €8,405 | €11,018 | €11,179 | €10,983 | €4,657 | €12,197 | €21,240 | €21,516 | ▲ 1.3% |
| Operating cash flow (approximation) | €234,608 | €255,869 | €133,265 | €116,583 | €63,920 | €71,799 | -€77 | €12,377 | - |
| Investment in fixed assets (approximation) | - | -€23,633 | -€1,039 | €376,786 | €51,013 | -€51,597 | -€2,376 | -€1,855 | ▲ 21.9% |
| Change in cash | - | -€758 | €800 | €27,447 | €72,422 | -€30,475 | -€59,470 | -€13,159 | ▲ 77.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00376768 | |
| 31-12-2024 | full format | 07-08-2025 | 2025-00369475 | |
| 31-12-2023 | full format | 29-08-2024 | 2024-00417903 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00355080 | |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20298847 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33900576 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24000166 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60500180 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59900175 |