1206
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-04-2025, 94 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
94 d early
2023
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€108k▲ 768%
2023 · €12k
2023: €12k
2024: €108k▲ +768% vs 2023
2023 → 2024
Total assets
€130k▼ 44.8%
2023 · €236k
2023: €236k
2024: €130k▼ -44.8% vs 2023
2023 → 2024
Net result
€95k▼ 50.7%
2023 · €193k
2023: €193k
2024: €95k▼ -50.7% vs 2023
2023 → 2024
Working capital
€107k▲ 798%
2023 · €12k
2023: €12k
2024: €107k▲ +798% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€12k-€108k▲ 768%
2023: €12k
2024: €108k▲ +768% vs 2023
Operating result€253k-€140k▼ 44.6%
2023: €253k
2024: €140k▼ -44.6% vs 2023
Net result€193k-€95k▼ 50.7%
2023: €193k
2024: €95k▼ -50.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€868 ▲ 73.5%
Current assets
€130k ▼ 45.1%
Equity and liabilities €130k
Equity
€108k ▲ 768%
Debt
€23k ▼ 89.9%
Debt's share of the balance-sheet total falls from 94.8% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€141k
Cash flow
€96k
Current ratio
5.70▲
2023 · 1.05
Debt to equity
0.21▼
2023 · 18.07
ROE
88.5%
ROA
73.1%▼
2023 · 81.7%
Interest coverage
713.32
Debt ≤ 1 year
€23k▼
2023 · €224k
Income taxes
€45k▼
2023 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€236k€130k▼
Fixed assets21/28€500€868▲
Tangible fixed assets22/27-€868
Plant, machinery and equipment23-€868
Financial fixed assets28€500-
Current assets29/58€236k€130k▼
Amounts receivable within one year40/41€144k€17k▼
Trade receivables40€144k€15k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€92k€113k▲
Deferred charges and accrued income490/1€107-
Equity and liabilities
Total equity and liabilities10/49€236k€130k▼
Equity10/15€12k€108k▲
Contributions10/11€12k€12k=
Reserves13-€89k
Distributable reserves133-€89k
Profit (loss) carried forward14-€7k
Amounts payable17/49€224k€23k▼
Amounts payable within one year42/48€224k€23k▼
Trade debts44€2k€15k▲
Suppliers440/4€2k€15k▲
Taxes, remuneration and social security45€53k-
Taxes450/3€50k-
Remuneration and social security454/9€2k-
Other amounts payable47/48€170k€8k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€374
Other operating charges640/8€384€387▲
Gross operating margin9900€254k€141k▼
Operating profit (loss)9901€253k€140k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€432€197▼
Recurring financial charges65€432€197▼
Profit (loss) for the period before taxes9903€253k€140k▼
Income taxes67/77€60k€45k▼
Profit (loss) for the period9904€193k€95k▼
Profit (loss) for the period to be appropriated9905€193k€95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€95k▼
Transfer to equity691/2-€89k
To other reserves6921-€89k
Profit to be distributed694/7€193k-
Return on contributions (dividend)694€193k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €374 | - |
| Other operating charges640/8 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €254k | €141k | ▼ 44.4% |
| Operating profit (loss)9901 | €253k | €140k | ▼ 44.6% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €432 | €197 | ▼ 54.4% |
| Recurring financial charges65 | €432 | €197 | ▼ 54.4% |
| Profit (loss) for the period before taxes9903 | €253k | €140k | ▼ 44.6% |
| Income taxes67/77 | €60k | €45k | ▼ 24.9% |
| Profit (loss) for the period9904 | €193k | €95k | ▼ 50.7% |
| Profit (loss) for the period to be appropriated9905 | €193k | €95k | ▼ 50.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €236k | €130k | ▼ 44.8% |
| Fixed assets21/28 | €500 | €868 | ▲ 73.5% |
| Tangible fixed assets22/27 | - | €868 | - |
| Plant, machinery and equipment23 | - | €868 | - |
| Financial fixed assets28 | €500 | - | - |
| Current assets29/58 | €236k | €130k | ▼ 45.1% |
| Amounts receivable within one year40/41 | €144k | €17k | ▼ 88.3% |
| Trade receivables40 | €144k | €15k | ▼ 89.4% |
| Other amounts receivable41 | - | €2k | - |
| Cash at bank and in hand54/58 | €92k | €113k | ▲ 22.6% |
| Deferred charges and accrued income490/1 | €107 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €236k | €130k | ▼ 44.8% |
| Equity10/15 | €12k | €108k | ▲ 768% |
| Contributions10/11 | €12k | €12k | = |
| Reserves13 | - | €89k | - |
| Distributable reserves133 | - | €89k | - |
| Profit (loss) carried forward14 | - | €7k | - |
| Amounts payable17/49 | €224k | €23k | ▼ 89.9% |
| Amounts payable within one year42/48 | €224k | €23k | ▼ 89.9% |
| Trade debts44 | €2k | €15k | ▲ 726% |
| Suppliers440/4 | €2k | €15k | ▲ 726% |
| Taxes, remuneration and social security45 | €53k | - | - |
| Taxes450/3 | €50k | - | - |
| Remuneration and social security454/9 | €2k | - | - |
| Other amounts payable47/48 | €170k | €8k | ▼ 95.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €193k | €95k | ▼ 50.7% |
| + Depreciation and write-downs630 | - | €374 | - |
| Operating cash flow (approximation) | €193k | €96k | ▼ 50.5% |
| Investment in fixed assets (approximation) | - | €-742 | - |
| Change in cash | - | €21k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 5.70
Current ratio from 1.05 to 5.70; short-term debt falls from €224k to €23k.
31-12
Financial
Equity above €100kEq €108k ▲768%
2 profitable years in a row build equity to €108k.
08-10
State Gazette act
General meeting · Director resignation
Permanent representative
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2021
29-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location