AD3D
ActiveFinancials · financial year 2023, full format
2024 annual accounts not yet filed, deadline passed on 31 January 2025 The financial year closed on 30 June 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 5 November 2026.
Annual accounts 2023 filed on 30-01-2024 PDF all 20 filings
Turnover
≈ €120,000
Estimated: probably between €48,000 and €290,000
EBIT margin
Not included in this filing
Net result
€14,517▼ 71.1%
2022 · €50,180
Working capital
€31,484▲ 86.5%
2022 · €16,886
Multi-year overview
2019 to 2023, 5 financial yearsOperating result
€16,645
▼ 66.9%
2023
20192023
Net result
€14,517
▼ 71.1%
2023
middle half of the sector
20192023
Equity
€31,484
▲ 85.6%
2023
lowest quarter of the sector
20192023
Total assets
€222,659
▼ 56.8%
2023
lowest quarter of the sector
20192023
Debt
€191,175
▼ 61.6%
2023
20192023
Working capital
€31,484
▲ 86.5%
2023
middle half of the sector
20192023
Solvency
14.1%
▲ 10.8pp
2023
lowest quarter of the sector
20192023
Current ratio
1.16
▲ 0.13
2023
middle half of the sector
20192023
Return on assets (ROA)
6.5%
▼ 3.2pp
2023
middle half of the sector
20192023
Staff (FTE)
no figure
2023
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result-€16,148-€11,146€57,627▲ 417%€50,362▼ 12.6%€16,645▼ 66.9%
Net result-€16,892-€10,649within the sector's middle half€54,715within the sector's middle half▲ 414%€50,180within the sector's middle half▼ 8.3%€14,517within the sector's middle half▼ 71.1%
Equity-€98,577--€87,928below the sector's middle half▲ 10.8%-€33,213below the sector's middle half▲ 62.2%€16,967below the sector's middle half€31,484below the sector's middle half▲ 85.6%
Total assets€290,874-€353,220within the sector's middle half▲ 21.4%€437,552within the sector's middle half▲ 23.9%€515,025within the sector's middle half▲ 17.7%€222,659below the sector's middle half▼ 56.8%
Debt€389,451-€441,148▲ 13.3%€470,765▲ 6.7%€498,058▲ 5.8%€191,175▼ 61.6%
Working capital-€98,658--€88,009below the sector's middle half▲ 10.8%-€33,294below the sector's middle half▲ 62.2%€16,886below the sector's middle half€31,484within the sector's middle half▲ 86.5%
Solvency-33.9%--24.9%below the sector's middle half▲ 9.0pp-7.6%below the sector's middle half▲ 17.3pp3.3%below the sector's middle half▲ 10.9pp14.1%below the sector's middle half▲ 10.8pp
Current ratio0.75-0.80below the sector's middle half▲ 0.050.93below the sector's middle half▲ 0.131.03below the sector's middle half▲ 0.101.16within the sector's middle half▲ 0.13
Return on assets (ROA)-5.8%-3.0%within the sector's middle half▲ 8.8pp12.5%above the sector's middle half▲ 9.5pp9.7%above the sector's middle half▼ 2.8pp6.5%within the sector's middle half▼ 3.2pp
Staff (FTE)1-0.8below the sector's middle half▼ 20.0%0.8below the sector's middle half=0.7below the sector's middle half▼ 12.5%
above
within
below
The sector band is the middle half of the companies in Other manufacturing (NACE 32). 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 2023 is 67% lower than in 2022 and the lowest since 2020. It is the second fall in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €222,659
Equity
€31,484 ▲ 85.6%
Debt
€191,175 ▼ 61.6%
Debt's share of the balance-sheet total falls from 96.7% to 85.9%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
6.07▼
2022 · 29.35
ROE
46.1%▼
2022 · 295.8%
Debt ≤ 1 year
€191,175▼
2022 · €498,058
Income taxes
€147▲
2022 · €146
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 |
|---|---|
| Average over the year, in full-time equivalents | 0.7 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2022 annual accounts
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,663 | - | - |
| Other operating charges640/8 | - | - | - | €583 | €449 | ▼ 23.0% |
| Gross operating margin9900 | €35,455 | €44,232 | €72,729 | €65,608 | €17,094 | ▼ 73.9% |
| Operating profit (loss)9901 | -€16,148 | €11,146 | €57,627 | €50,362 | €16,645 | ▼ 66.9% |
| Financial charges65/66B | - | - | - | €36 | €1,981 | ▲ 55× |
| Recurring financial charges65 | €547 | €330 | €467 | €36 | €31 | ▼ 13.9% |
| Non-recurring financial charges66B | - | - | - | - | €1,950 | - |
| Profit (loss) for the period before taxes9903 | -€16,716 | €10,816 | €54,886 | €50,326 | €14,664 | ▼ 70.9% |
| Income taxes67/77 | €176 | €167 | €171 | €146 | €147 | ▲ 0.7% |
| Profit (loss) for the period9904 | -€16,892 | €10,649 | €54,715 | €50,180 | €14,517 | ▼ 71.1% |
| Profit (loss) for the period to be appropriated9905 | -€16,892 | €10,649 | €54,715 | €50,180 | €14,517 | ▼ 71.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €290,874 | €353,220 | €437,552 | €515,025 | €222,659 | ▼ 56.8% |
| Fixed assets21/28 | €81 | €81 | €81 | €81 | - | - |
| Financial fixed assets28 | €81 | €81 | €81 | €81 | - | - |
| Current assets29/58 | €290,793 | €353,139 | €437,471 | €514,944 | €222,659 | ▼ 56.8% |
| Amounts receivable within one year40/41 | €290,788 | €353,032 | €434,935 | €514,743 | €222,296 | ▼ 56.8% |
| Trade receivables40 | - | - | - | €503,158 | €197,586 | ▼ 60.7% |
| Other amounts receivable41 | - | - | - | €11,585 | €24,710 | ▲ 113% |
| Cash at bank and in hand54/58 | €5 | €107 | €2,536 | €201 | €363 | ▲ 80.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €290,874 | €353,220 | €437,552 | €515,025 | €222,659 | ▼ 56.8% |
| Equity10/15 | -€98,577 | -€87,928 | -€33,213 | €16,967 | €31,484 | ▲ 85.6% |
| Contributions10/11 | €63,300 | €63,300 | €63,300 | €63,300 | €63,300 | = |
| Capital10 | - | - | - | €63,300 | €63,300 | = |
| Issued capital100 | - | - | - | €63,300 | €63,300 | = |
| Reserves13 | €6,330 | €6,330 | €6,330 | €6,330 | €6,330 | = |
| Non-distributable reserves130/1 | - | - | - | €6,330 | €6,330 | = |
| Legal reserve130 | - | - | - | €6,330 | €6,330 | = |
| Profit (loss) carried forward14 | -€168,207 | -€157,558 | -€102,843 | -€52,663 | -€38,146 | ▲ 27.6% |
| Amounts payable17/49 | €389,451 | €441,148 | €470,765 | €498,058 | €191,175 | ▼ 61.6% |
| Amounts payable within one year42/48 | €389,451 | €441,148 | €470,765 | €498,058 | €191,175 | ▼ 61.6% |
| Trade debts44 | €371,645 | €375,108 | €375,135 | €374,483 | €172,300 | ▼ 54.0% |
| Suppliers440/4 | - | - | - | €374,483 | €172,300 | ▼ 54.0% |
| Taxes, remuneration and social security45 | - | - | - | €6,479 | €12,430 | ▲ 91.9% |
| Taxes450/3 | - | - | - | €3,081 | €12,430 | ▲ 303% |
| Remuneration and social security454/9 | - | - | - | €3,398 | - | - |
| Other amounts payable47/48 | - | - | - | €117,096 | €6,445 | ▼ 94.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,892 | €10,649 | €54,715 | €50,180 | €14,517 | ▼ 71.1% |
| Operating cash flow (approximation) | -€16,892 | €10,649 | €54,715 | €50,180 | €14,517 | ▼ 71.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €102 | €2,429 | -€2,335 | €162 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2023 | full format | 30-01-2024 | 2024-00018621 | |
| 30-06-2022 | full format | 15-02-2023 | 2023-00028279 | |
| 30-06-2021 | full format | 28-01-2022 | 2022-02700133 | |
| 30-06-2020 | full format | 18-01-2021 | 2021-01300055 | |
| 30-06-2019 | full format | 14-01-2020 | 2020-01100429 | |
| 30-06-2018 | full format | 11-01-2019 | 2019-01100183 | |
| 30-06-2017 | full format | 28-03-2018 | 2018-08200564 | |
| 30-06-2016 | full format | 24-05-2017 | 2017-13200444 | |
| 30-06-2015 | full format | 05-12-2016 | 2016-69400317 | |
| 30-06-2014 | full format | 15-07-2015 | 2015-31800265 |