Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 2 filings
Equity
€186,809▲ 67.5%
2024 · €111,506
Net result
€75,303
2024 · -€38,494
Total assets
€1.2m▲ 0.1%
2024 · €1.2m
Solvency
15.3%▲ 6.1pp
2024 · 9.1%
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€109,512
2025
20242025
Net result
€75,303
2025
middle half of the sector
20242025
Equity
€186,809
▲ 67.5%
2025
middle half of the sector
20242025
Total assets
€1.2m
▲ 0.1%
2025
highest quarter of the sector
20242025
Debt
€1.0m
▼ 6.7%
2025
20242025
Working capital
-€111,763
▲ 23.3%
2025
lowest quarter of the sector
20242025
Solvency
15.3%
▲ 6.1pp
2025
lowest quarter of the sector
20242025
Current ratio
0.17
▲ 0.04
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
6.2%
▲ 9.3pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€0.006m-€0.1m
Net result-€0.04mbelow the sector's middle half-€0.08mwithin the sector's middle half
Equity€0.1mwithin the sector's middle half-€0.2mwithin the sector's middle half▲ 67.5%
Total assets€1.2mabove the sector's middle half-€1.2mabove the sector's middle half▲ 0.1%
Debt€1.1m-€1.0m▼ 6.7%
Working capital-€0.1mbelow the sector's middle half--€0.1mbelow the sector's middle half▲ 23.3%
Solvency9.1%below the sector's middle half-15.3%below the sector's middle half▲ 6.1pp
Current ratio0.13below the sector's middle half-0.17below the sector's middle half▲ 0.04
Return on assets (ROA)-3.2%below the sector's middle half-6.2%within the sector's middle half▲ 9.3pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 €109,512, after a loss of €5,525 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 €1.2m
Fixed assets
€1.2m =
Current assets
€23,294 ▲ 6.1%
Equity and liabilities €1.2m
Equity
€186,809 ▲ 67.5%
Debt
€1.0m ▼ 6.7%
Debt's share of the balance-sheet total falls from 90.9% to 84.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
40.3%▲
2024 · -34.5%
Debt ≤ 1 year
€135,057▼
2024 · €167,602
Debt > 1 year
€871,428▼
2024 · €942,857
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2024 | 2025 |
|---|---|---|
| Pledge on the business | €1.2m | €1.2m |
Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | €1.2m | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €387 | €520 | ▲ 34.2% |
| Gross operating margin9900 | -€5,138 | €110,032 | - |
| Operating profit (loss)9901 | -€5,525 | €109,512 | - |
| Financial charges65/66B | €32,969 | €34,209 | ▲ 3.8% |
| Recurring financial charges65 | €32,969 | €34,209 | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | -€38,494 | €75,303 | - |
| Profit (loss) for the period9904 | -€38,494 | €75,303 | - |
| Profit (loss) for the period to be appropriated9905 | -€38,494 | €75,303 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.2m | €1.2m | ▲ 0.1% |
| Fixed assets21/28 | €1.2m | €1.2m | = |
| Financial fixed assets28 | €1.2m | €1.2m | = |
| Current assets29/58 | €0.02m | €0.02m | ▲ 6.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.02m | ▲ 6.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.2m | €1.2m | ▲ 0.1% |
| Equity10/15 | €0.1m | €0.2m | ▲ 67.5% |
| Contributions10/11 | €0.2m | €0.2m | = |
| Reserves13 | - | €0.04m | - |
| Distributable reserves133 | - | €0.04m | - |
| Profit (loss) carried forward14 | -€0.04m | €0 | - |
| Amounts payable17/49 | €1.1m | €1.0m | ▼ 6.7% |
| Amounts payable after more than one year17 | €0.9m | €0.9m | ▼ 7.6% |
| Financial debts170/4 | €0.9m | €0.9m | ▼ 7.6% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | ▼ 19.4% |
| Current portion of amounts payable after more than one year42 | €0.2m | €0.1m | ▼ 27.3% |
| Trade debts44 | €0.001m | €0.001m | ▲ 75.0% |
| Suppliers440/4 | €0.001m | €0.001m | ▲ 75.0% |
| Other amounts payable47/48 | €0.01m | €0.02m | ▲ 100% |
| Accrued charges and deferred income492/3 | - | €0.03m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€38,494 | €75,303 | - |
| Operating cash flow (approximation) | -€38,494 | €75,303 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €1,329 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.