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17B

Active
Private limited companyfounded 2023active for 3 yearsKortrijksesteenweg 48, 9830 Sint-Martens-Latem, Belgium92 active companies are registered at this addressKBO/BCE: BE 0799.715.213
Summary

The annual accounts of 17B for financial year 2024 show a net loss of 85% of the equity at the start of that year. The 2024 annual accounts show equity of €1,021 and a net result of -€5,702. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 16 October 2026.

Equity
€1,021▼ 84.8%
2023 · €6,724
Total assets
€422,054▲ 161%
2023 · €161,780
Net result
-€5,702▼ 74.1%
2023 · -€3,276
Working capital
-€343,935▼ 124%
2023 · -€153,232
Trend over the years

2023 to 2024, 2 financial years

The operating result stays negative: a loss of €2,582 in 2024 against €3,219 in 2023; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,582 2024 Net result-€5,702 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result-€3,219--€2,582▲ 19.8%
Net result-€3,276--€5,702▼ 74.1%
Equity€6,724-€1,021▼ 84.8%
Total assets€161,780-€422,054▲ 161%
Debt€155,056-€421,033▲ 172%
Working capital-€153,232--€343,935▼ 124%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422,054
Fixed assets €344,956 ▲ 116%
Current assets €77,098 ▲ 4,126%
Equity and liabilities €422,054
Equity €1,021 ▼ 84.8%
Debt €421,033 ▲ 172%
Debt's share of the balance-sheet total rises from 95.8% to 99.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,582▼
2023 · -€1,823
Cash flow
-€5,702▼
2023 · -€1,880
Current ratio
0.18▲
2023 · 0.01
ROE
-558.3%▼
2023 · -48.7%
ROA
-1.4%▲
2023 · -2.0%
Interest coverage
-0.69▲
2023 · -32.10
Debt ≤ 1 year
€421,033▲
2023 · €155,056
A ratio outside any meaningful range has been withheld (balance sheet total €422,054, equity €1,021).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€161,780€422,054▲
Fixed assets21/28€159,955€344,956▲
Financial fixed assets28€159,955€344,956▲
Current assets29/58€1,825€77,098▲
Amounts receivable within one year40/41-€72,725
Other amounts receivable41-€72,725
Cash at bank and in hand54/58€1,825€4,373▲
Equity and liabilities
Total equity and liabilities10/49€161,780€422,054▲
Equity10/15€6,724€1,021▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€3,276-€8,979▼
Amounts payable17/49€155,056€421,033▲
Amounts payable within one year42/48€155,056€421,033▲
Trade debts44€41€62▲
Suppliers440/4€41€62▲
Other amounts payable47/48€155,015€420,971▲
Income statement Code20232024
Non-recurring operating income76A-€529
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,396€0▼
Other operating charges640/8€50€0▼
Gross operating margin9900-€1,773-€2,582▼
Operating profit (loss)9901-€3,219-€2,582▲
Financial income75/76B-€599
Recurring financial income75-€599
Financial charges65/66B€57€3,719▲
Recurring financial charges65€57€3,719▲
Profit (loss) for the period before taxes9903-€3,276-€5,702▼
Profit (loss) for the period9904-€3,276-€5,702▼
Profit (loss) for the period to be appropriated9905-€3,276-€5,702▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,276-€8,979▼
Profit (loss) brought forward from the previous period14P--€3,276
Social balance sheet
Average headcount (FTE)9087-0.0

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Non-recurring operating income76A-€529-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,396€0▼ 100%
Other operating charges640/8€50€0▼ 100%
Gross operating margin9900-€1,773-€2,582▼ 45.6%
Operating profit (loss)9901-€3,219-€2,582▲ 19.8%
Financial income75/76B-€599-
Recurring financial income75-€599-
Financial charges65/66B€57€3,719▲ 6,447%
Recurring financial charges65€57€3,719▲ 6,447%
Profit (loss) for the period before taxes9903-€3,276-€5,702▼ 74.1%
Profit (loss) for the period9904-€3,276-€5,702▼ 74.1%
Profit (loss) for the period to be appropriated9905-€3,276-€5,702▼ 74.1%
Line20232024Change
Assets
Total assets20/58€161,780€422,054▲ 161%
Fixed assets21/28€159,955€344,956▲ 116%
Financial fixed assets28€159,955€344,956▲ 116%
Current assets29/58€1,825€77,098▲ 4,126%
Amounts receivable within one year40/41-€72,725-
Other amounts receivable41-€72,725-
Cash at bank and in hand54/58€1,825€4,373▲ 140%
Equity and liabilities
Total equity and liabilities10/49€161,780€422,054▲ 161%
Equity10/15€6,724€1,021▼ 84.8%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€3,276-€8,979▼ 174%
Amounts payable17/49€155,056€421,033▲ 172%
Amounts payable within one year42/48€155,056€421,033▲ 172%
Trade debts44€41€62▲ 51.1%
Suppliers440/4€41€62▲ 51.1%
Other amounts payable47/48€155,015€420,971▲ 172%
Line20232024Change
Profit (loss) for the period9904-€3,276-€5,702▼ 74.1%
+ Depreciation and write-downs630€1,396€0▼ 100%
Operating cash flow (approximation)-€1,880-€5,702▼ 203%
Investment in fixed assets (approximation)--€185,001-
Change in cash-€2,548-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 abbreviated format 30-07-2025 2025-00347204
31-12-2023 abbreviated format 22-07-2024 2024-00271354

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.