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Annual accounts 2025
micro format, filed on 19-09-2026, 50 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €94,000 and €380,000.
Balance sheet
balance sheet total €59,378 on 31-12-2025in euro
Position in the sector
38.4%
Higher than 49% of 13,805 companies in 2025.
1.39
Higher than 43% of 13,186 companies in 2025.
46.3%
Higher than 95% of 13,365 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
59,378 | 59,183 | 78,303 | 95,321 | 140,666 | 42,473 | 46,640 | 60,291 | 70,510 | 73,201 | 57,236 | |
21/28 |
8,432 | 9,531 | 11,921 | 16,656 | 7,069 | 3,357 | 5,477 | 7,307 | 9,080 | 16,451 | 2,024 | |
21 |
4,721 | 7,121 | 9,521 | 11,921 | - | - | - | - | 200 | 533 | 867 | |
22/27 |
3,711 | 2,410 | 2,400 | 4,735 | 7,069 | 3,357 | 5,477 | 7,307 | 8,880 | 15,918 | 1,157 | |
23 |
- | - | - | - | - | 840 | 2,582 | 4,668 | 4,654 | 9,927 | - | |
24 |
741 | 2,410 | 2,400 | 4,735 | 7,069 | 2,517 | 2,895 | 2,639 | 4,226 | 5,991 | 1,157 | |
26 |
2,970 | - | - | - | - | - | - | - | - | - | - | |
29/58 |
50,946 | 49,652 | 66,382 | 78,665 | 133,597 | 39,116 | 41,163 | 52,984 | 61,430 | 56,750 | 55,212 | |
3 |
1,729 | 2,214 | 5,680 | 1,952 | 2,743 | 4,358 | 8,915 | 4,896 | 9,197 | 7,368 | - | |
30/36 |
1,729 | 2,214 | 5,680 | 1,952 | 2,743 | 4,358 | 8,915 | 4,896 | 9,197 | 7,368 | - | |
40/41 |
31,577 | 31,253 | 51,391 | 37,247 | 71,917 | 24,582 | 24,853 | 36,806 | 44,395 | 36,462 | 40,434 | |
40 |
29,554 | 28,083 | 48,010 | 33,867 | 71,917 | 24,582 | 22,726 | 36,632 | 44,395 | 36,462 | 40,434 | |
41 |
2,023 | 3,170 | 3,381 | 3,381 | - | - | 2,127 | 174 | - | - | - | |
50/53 |
- | 15,805 | - | - | - | - | - | - | - | - | - | |
54/58 |
17,177 | - | 8,906 | 39,465 | 58,584 | 9,585 | 7,205 | 10,716 | 7,838 | 12,920 | 14,778 | |
490/1 |
463 | 381 | 404 | - | 353 | 592 | 191 | 565 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
59,378 | 59,183 | 78,303 | 95,321 | 140,666 | 42,473 | 46,640 | 60,291 | 70,510 | 73,201 | 57,236 | |
10/15 |
22,824 | -4,674 | 14,031 | 33,968 | 25,154 | 16,263 | 14,466 | 17,703 | 11,220 | 9,453 | 8,970 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | 6,200 | 6,200 | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
14 |
14,764 | -12,734 | 5,971 | 25,908 | 17,094 | 8,203 | 6,406 | 9,643 | 3,160 | 1,393 | 910 | |
17/49 |
36,554 | 63,857 | 64,272 | 61,353 | 115,511 | 26,210 | 32,174 | 42,589 | 59,290 | 63,748 | 48,266 | |
42/48 |
36,554 | 63,857 | 61,759 | 61,353 | 115,511 | 26,210 | 32,174 | 42,589 | 59,290 | 63,748 | 48,266 | |
43 |
5,139 | - | - | - | - | - | - | - | - | - | - | |
430/8 |
5,139 | - | - | - | - | - | - | - | - | - | - | |
44 |
28,881 | 56,523 | 54,644 | 55,597 | 100,226 | 17,455 | 27,903 | 36,040 | 52,950 | 61,278 | 43,548 | |
440/4 |
28,881 | 56,523 | 54,644 | 55,597 | 100,226 | 17,455 | 27,903 | 36,040 | 52,950 | 61,278 | 43,548 | |
45 |
- | - | 2,536 | 2,499 | 7,752 | 6,503 | - | 3,299 | 1,797 | 1,696 | 3,673 | |
450/3 |
- | - | 2,536 | 2,499 | 7,752 | 6,503 | - | 3,299 | 1,797 | 1,696 | 3,673 | |
47/48 |
2,534 | 7,334 | 4,579 | 3,257 | 7,533 | 2,252 | 4,272 | 3,250 | 4,543 | 775 | 1,045 | |
492/3 |
- | - | 2,513 | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
9900 |
34,449 | -15,628 | -14,024 | 10,026 | 16,456 | 5,363 | 600 | 13,182 | 6,859 | 5,089 | 6,401 | |
630 |
2,949 | 4,674 | 4,735 | 2,413 | 2,121 | 4,072 | 4,194 | 3,873 | 3,764 | 4,580 | 778 | |
640/8 |
1,521 | 387 | - | 703 | 1,708 | 348 | 348 | 348 | 349 | - | 437 | |
9901 |
29,980 | -20,689 | -18,758 | 6,910 | 12,628 | 944 | -3,941 | 8,961 | 2,746 | 509 | 5,186 | |
75/76B |
148 | 2,197 | 359 | 4,768 | 179 | 1,714 | 887 | 1,190 | 619 | 629 | 131 | |
75 |
148 | 2,197 | 359 | 4,768 | 179 | 1,714 | 887 | 1,190 | 619 | 629 | 131 | |
65/66B |
2,630 | 212 | 1,270 | 560 | 248 | 356 | 93 | 440 | 98 | 139 | 134 | |
65 |
2,630 | 212 | 1,270 | 560 | 248 | 356 | 93 | 440 | 98 | 139 | 134 | |
9903 |
27,498 | -18,704 | -19,669 | 11,117 | 12,559 | 2,302 | -3,148 | 9,711 | 3,267 | 998 | 5,183 | |
67/77 |
- | - | 268 | 2,304 | 3,667 | 505 | 89 | 3,228 | 1,500 | 516 | 2,413 | |
9904 |
27,498 | -18,704 | -19,937 | 8,813 | 8,892 | 1,797 | -3,237 | 6,483 | 1,767 | 483 | 2,770 | |
9905 |
27,498 | -18,704 | -19,937 | 8,813 | 8,892 | 1,797 | -3,237 | 6,483 | 1,767 | 483 | 2,770 | |
| Appropriation of the result | ||||||||||||
9906 |
14,764 | -12,734 | 5,971 | 25,908 | 17,094 | 8,203 | 6,406 | 9,643 | 3,160 | 1,393 | 2,770 | |
14P |
-12,734 | 5,971 | 25,908 | 17,094 | 8,203 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
| Document | ||||||||||||
The notes to these accounts have 10 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 19-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 50 days after the deadline. Filed on 19 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516918.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-09-2026 | 2026-00516918 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00519833 | |
| 31-12-2023 | micro format | 30-11-2024 | 2024-00608298 | |
| 31-12-2022 | micro format | 06-11-2023 | 2023-00506318 | |
| 31-12-2021 | micro format | 09-12-2022 | 2022-20537977 | |
| 31-12-2020 | micro format | 16-11-2021 | 2021-77300561 | |
| 31-12-2019 | micro format | 10-12-2020 | 2020-75800359 | |
| 31-12-2018 | micro format | 06-11-2019 | 2019-73500208 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-67700064 | |
| 31-12-2016 | micro format | 06-09-2018 | 2018-62300103 | |
| 31-12-2015 | full format | 29-09-2016 | 2016-63200308 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,928 | -16,015 | -14,024 | 9,323 | 14,748 | 5,016 | 252 | 12,834 | 6,510 | 5,089 | 5,964 | ||
| 30,446 | -14,030 | -15,202 | 11,227 | 11,012 | 5,868 | 957 | 10,356 | 5,532 | 5,062 | 3,549 | ||
| 2,970 | 2,284 | 0 | 12,000 | 5,833 | 1,951 | 2,364 | 2,100 | 1,033 | 19,007 | 2,802 | ||
| - | - | -30,559 | -19,118 | 48,999 | 2,380 | -3,512 | 2,879 | -5,082 | -1,858 | - | ||
| 14,392 | -14,205 | 4,623 | 17,312 | 18,085 | 12,906 | 8,989 | 10,396 | 2,140 | -6,998 | 6,946 | ||
| 38.4% | -7.9% | 17.9% | 35.6% | 17.9% | 38.3% | 31.0% | 29.4% | 15.9% | 12.9% | 15.7% | ||
| 1.39 | 0.78 | 1.07 | 1.28 | 1.16 | 1.49 | 1.28 | 1.24 | 1.04 | 0.89 | 1.14 | ||
| 1.35 | 0.74 | 0.98 | 1.25 | 1.13 | 1.33 | 1.00 | 1.13 | 0.88 | 0.77 | 1.14 | ||
| 1.60 | - | 4.58 | 1.81 | 4.59 | 1.61 | 2.22 | 2.41 | 5.28 | 6.74 | 5.38 | ||
| 120.5% | - | -142.1% | 25.9% | 35.3% | 11.0% | -22.4% | 36.6% | 15.8% | 5.1% | 30.9% | ||
| 46.3% | -31.6% | -25.5% | 9.2% | 6.3% | 4.2% | -6.9% | 10.8% | 2.5% | 0.7% | 4.8% | ||
| 12.52 | -75.46 | -11.04 | 16.65 | 59.46 | - | - | - | - | - | - |
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 | €2,970 | €2,284 | - | - | €5,833 |
| Intangible fixed assets | - | - | - | €12,000 | - |
| €2,949 | €4,674 | €4,735 | €2,413 | €2,121 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on YOUR VISUAL HERE
The operating result for 2025 is a profit of €29,980, after a loss of €20,689 in 2024. It is the highest result since 2015.
Debt's share of the balance-sheet total is 61.6%.