13.8
13.8 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-944. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €34k |
| Net result | €-944 |
| Better than sector | 91% |
| Active | 14 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 86.0% | 29.2% | |
| Net result | €-944 | €680 | |
| Equity | €34k | €22k | |
| Gross operating margin | €2k | €16k | |
| Staff costs | €401 | €47k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €2k | €7k | €7k | €9k |
| Net profit | €-944 | €2k | €2k | €4k |
| Cash flow | €2k | €5k | €6k | €9k |
| Staff costs | €401 | €255 | €831 | €168 |
| Income taxes | - | €1k | €195 | - |
| Dividends | - | - | - | - |
| Total assets | €40k | €43k | €46k | €39k |
| Equity | €34k | €35k | €33k | €31k |
| Debt | €6k | €8k | €13k | €8k |
| of which ≤ 1y | €6k | €8k | €13k | €8k |
| of which > 1y | - | - | - | - |
| Working capital | €31k | €29k | €25k | €22k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 6.54 | 4.51 | 2.97 | 3.72 |
| Quick ratio | 4.12 | 3.01 | 1.92 | 2.72 |
| Working capital ratio | 77.7% | 66.7% | 55.0% | 57.3% |
| Solvency | 86.0% | 81.0% | 72.1% | 78.9% |
| Debt / equity | 0.16 | 0.23 | 0.39 | 0.27 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | 25.99 | 11.80 | 71.79 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -2.4% | 5.3% | 4.3% | 11.4% |
| ROE | -2.8% | 6.5% | 5.9% | 14.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €40k | €43k | €46k | €39k |
| Fixed assets | 21/28 | €3k | €6k | €8k | €8k |
| Intangible fixed assets | 21 | €1k | €2k | €3k | €3k |
| Tangible fixed assets | 22/27 | €2k | €4k | €5k | €5k |
| Current assets | 29/58 | €37k | €37k | €38k | €31k |
| Stocks & contracts in progress | 3 | €14k | €12k | €13k | €8k |
| Amounts receivable within one year | 40/41 | €13k | €15k | €12k | €527 |
| Cash & bank | 54/58 | €11k | €9k | €13k | €22k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €40k | €43k | €46k | €39k |
| Equity | 10/15 | €34k | €35k | €33k | €31k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k |
| Reserves | 13 | €18k | €18k | €16k | €14k |
| Accumulated profits (losses) | 14 | €4k | €4k | €4k | €4k |
| Amounts payable | 17/49 | €6k | €8k | €13k | €8k |
| Amounts payable within one year | 42/48 | €6k | €8k | €13k | €8k |
| Trade debts payable within one year | 44 | €2k | €4k | €2k | €5k |
| Income statement | |||||
| Gross operating margin | 9900 | €2k | €7k | €8k | €11k |
| Operating result | 9901 | €-1k | €4k | €3k | €5k |
| Financial income | 75 | €227 | €1 | - | €0 |
| Financial charges | 65 | - | €259 | €571 | €126 |
| Result before taxes | 9903 | €-944 | €3k | €2k | €4k |
| Income taxes | 67/77 | - | €1k | €195 | - |
| Net result for the period | 9904 | €-944 | €2k | €2k | €4k |
| Result to be appropriated | 9905 | €-944 | €2k | €2k | €4k |
-
Collyns Vincent Alexandre DanielDirectorState Gazette act 23448799 (07-12-2023)Current07-12-2023 → present
| NACE primary | Manufacture of chemicals and chemical products(20160) |
| Legal form | Private limited company(610) |
| Incorporation | 23-04-2012 |
| Status | Active |
| Postal code | 1861 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093F0802/00F000 | Flanders | 747 m² | 1 · 184 m² | 6.5 m · 1 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-12-2023 Collyns Vincent Alexandre Daniel appointed as director correction
- Collyns Vincent Alexandre Daniel, Bestuurder
Technical details
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"notary": {
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"act_meta": {
"language": "nl",
"pub_date": "2023-12-07",
"filing_date": "2023-12-05",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, BENAMING"
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"body": "buitengewone_algemene_vergadering",
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"kbo": "0845.460.413",
"name_full": "13.8 COMPOSITES",
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"uitgifte van het proces-verbaal van 20/09/2023",
"lijst van de vennootschapsakten \u002B co\u00F6rdinatie van de statuten"
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}| Legal nameNL | 13.8 |