Webskulls
BankruptcyFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-03-2026 PDF all 5 filings
Turnover
≈ €120,000
Estimated: probably between €97,000 and €160,000
Total assets
€195,230▲ 69.0%
2024 · €115,536
Net result
€28,541▲ 155%
2024 · €11,205
Working capital
€82,917▲ 51.2%
2024 · €54,851
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€33,489
▲ 164%
2025
20212025
Net result
€28,541
▲ 155%
2025
middle half of the sector
20212025
Equity
€83,391
▲ 52.0%
2025
middle half of the sector
20212025
Total assets
€195,230
▲ 69.0%
2025
middle half of the sector
20212025
Debt
€111,839
▲ 84.3%
2025
20212025
Working capital
€82,917
▲ 51.2%
2025
middle half of the sector
20212025
Solvency
42.7%
▼ 4.8pp
2025
middle half of the sector
20212025
Current ratio
1.74
▼ 0.16
2025
middle half of the sector
20212025
Return on assets (ROA)
14.6%
▲ 4.9pp
2025
middle half of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,613-€20,003▼ 18.7%€12,854▼ 35.7%€12,675▼ 1.4%€33,489▲ 164%
Net result€18,967within the sector's middle half-€14,121within the sector's middle half▼ 25.6%€10,057within the sector's middle half▼ 28.8%€11,205within the sector's middle half▲ 11.4%€28,541within the sector's middle half▲ 155%
Equity€19,467below the sector's middle half-€33,588within the sector's middle half▲ 72.5%€43,645within the sector's middle half▲ 29.9%€54,851within the sector's middle half▲ 25.7%€83,391within the sector's middle half▲ 52.0%
Total assets€48,006below the sector's middle half-€78,382within the sector's middle half▲ 63.3%€95,219within the sector's middle half▲ 21.5%€115,536within the sector's middle half▲ 21.3%€195,230within the sector's middle half▲ 69.0%
Debt€28,538-€44,793▲ 57.0%€51,574▲ 15.1%€60,686▲ 17.7%€111,839▲ 84.3%
Working capital€19,467within the sector's middle half-€32,581within the sector's middle half▲ 67.4%€43,142within the sector's middle half▲ 32.4%€54,851within the sector's middle half▲ 27.1%€82,917within the sector's middle half▲ 51.2%
Solvency40.6%within the sector's middle half-42.9%within the sector's middle half▲ 2.3pp45.8%within the sector's middle half▲ 3.0pp47.5%within the sector's middle half▲ 1.6pp42.7%within the sector's middle half▼ 4.8pp
Current ratio1.68within the sector's middle half-1.73within the sector's middle half▲ 0.051.84within the sector's middle half▲ 0.111.90within the sector's middle half▲ 0.071.74within the sector's middle half▼ 0.16
Return on assets (ROA)39.5%above the sector's middle half-18.0%within the sector's middle half▼ 21.5pp10.6%within the sector's middle half▼ 7.5pp9.7%within the sector's middle half▼ 0.9pp14.6%within the sector's middle half▲ 4.9pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). 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 164% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195,230
Fixed assets
€474
Current assets
€194,756
Equity and liabilities €195,230
Equity
€83,391 ▲ 52.0%
Debt
€111,839 ▲ 84.3%
Debt's share of the balance-sheet total rises from 52.5% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,593▲
2024 · €13,178
Cash flow
€28,644▲
2024 · €11,709
Debt to equity
1.34▲
2024 · 1.11
ROE
34.2%▲
2024 · 20.4%
Interest coverage
41.07▲
2024 · 5.06
Debt ≤ 1 year
€111,839▲
2024 · €60,686
Income taxes
€12,165▲
2024 · €4,581
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Overdue debts
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Overdue tax debts | €11,270 | €18,816 | €40,000 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,511 | - | - | €578 |
| Depreciation and write-downs of the year | - | €504 | €504 | €504 | €104 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €504 | €504 | €504 | €104 | ▼ 79.4% |
| Other operating charges640/8 | €36,847 | €3,358 | €11,023 | €3,286 | €1,940 | ▼ 40.9% |
| Gross operating margin9900 | €61,459 | €23,864 | €24,380 | €16,464 | €35,533 | ▲ 116% |
| Operating profit (loss)9901 | €24,613 | €20,003 | €12,854 | €12,675 | €33,489 | ▲ 164% |
| Financial income75/76B | €2,036 | - | €2,504 | €5,715 | €8,035 | ▲ 40.6% |
| Recurring financial income75 | €2,036 | - | €2,504 | €5,715 | €8,035 | ▲ 40.6% |
| Financial charges65/66B | €434 | €820 | €984 | €2,603 | €818 | ▼ 68.6% |
| Recurring financial charges65 | €434 | €820 | €984 | €2,603 | €818 | ▼ 68.6% |
| Profit (loss) for the period before taxes9903 | €26,215 | €19,184 | €14,374 | €15,787 | €40,706 | ▲ 158% |
| Income taxes67/77 | €7,247 | €5,063 | €4,316 | €4,581 | €12,165 | ▲ 166% |
| Profit (loss) for the period9904 | €18,967 | €14,121 | €10,057 | €11,205 | €28,541 | ▲ 155% |
| Profit (loss) for the period to be appropriated9905 | €18,967 | €14,121 | €10,057 | €11,205 | €28,541 | ▲ 155% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,006 | €78,382 | €95,219 | €115,536 | €195,230 | ▲ 69.0% |
| Fixed assets21/28 | - | €1,007 | €504 | - | €474 | - |
| Tangible fixed assets22/27 | - | €1,007 | €504 | - | €474 | - |
| Plant, machinery and equipment23 | - | - | - | - | €474 | - |
| Furniture and vehicles24 | - | €1,007 | €504 | - | - | - |
| Current assets29/58 | €48,006 | €77,374 | €94,715 | €115,536 | €194,756 | ▲ 68.6% |
| Amounts receivable within one year40/41 | €36,560 | €76,568 | €94,644 | €115,527 | €194,531 | ▲ 68.4% |
| Trade receivables40 | €3,122 | €21,754 | €12,182 | - | €25,900 | - |
| Other amounts receivable41 | €33,438 | €54,814 | €82,461 | €115,527 | €168,631 | ▲ 46.0% |
| Cash at bank and in hand54/58 | €11,445 | €85 | €72 | €9 | €225 | ▲ 25× |
| Deferred charges and accrued income490/1 | - | €721 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,006 | €78,382 | €95,219 | €115,536 | €195,230 | ▲ 69.0% |
| Equity10/15 | €19,467 | €33,588 | €43,645 | €54,851 | €83,391 | ▲ 52.0% |
| Contributions10/11 | €500 | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €18,967 | €33,088 | €43,145 | €54,351 | €82,891 | ▲ 52.5% |
| Amounts payable17/49 | €28,538 | €44,793 | €51,574 | €60,686 | €111,839 | ▲ 84.3% |
| Amounts payable within one year42/48 | €28,538 | €44,793 | €51,574 | €60,686 | €111,839 | ▲ 84.3% |
| Trade debts44 | €80 | €5,521 | €6,137 | €9,279 | €93,379 | ▲ 906% |
| Suppliers440/4 | €80 | €5,521 | €6,137 | €9,279 | €93,379 | ▲ 906% |
| Taxes, remuneration and social security45 | €28,458 | €39,273 | €45,436 | €51,406 | €18,459 | ▼ 64.1% |
| Taxes450/3 | €28,458 | €39,273 | €45,436 | €51,406 | €18,459 | ▼ 64.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,967 | €14,121 | €10,057 | €11,205 | €28,541 | ▲ 155% |
| + Depreciation and write-downs630 | - | €504 | €504 | €504 | €104 | ▼ 79.4% |
| Operating cash flow (approximation) | €18,967 | €14,624 | €10,561 | €11,709 | €28,644 | ▲ 145% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - |
| Change in cash | - | -€11,360 | -€14 | -€63 | €216 | - |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-03-2026 | 2026-00065991 | |
| 30-09-2024 | micro format | 19-06-2025 | 2025-00185063 | |
| 30-09-2023 | micro format | 18-06-2024 | 2024-00136683 | |
| 30-09-2022 | micro format | 02-05-2023 | 2023-00073911 | |
| 30-09-2021 | micro format | 11-04-2022 | 2022-20002118 |