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Financials · financial year 2024, micro format

Annual accounts 2024 filed on 29-01-2025 PDF all 15 filings

Amounts without an identifiable currency are taken as euros.

Equity

€170,515▼ 0.3%

2023 · €171,088

Total assets

€171,531▼ 3.8%

2023 · €178,260

Net result

-€574

2023 · €14,134

Working capital

€170,515▼ 0.3%

2023 · €171,088

Trend over the years

Last 5 years All years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result for 2024 is a loss of €6,913, after a profit of €18,397 in 2023. It is the lowest result since 2020.

Turnover and resultEquity and debtWorking capital

Operating result-€6,913 2024 Net result-€574 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Every figure with its change against the financial year before

favourable unfavourable

Line201920202021202220232024

Operating result€30,489-€4,877▼ 84.0%€10,912▲ 124%€3,525▼ 67.7%€18,397▲ 422%-€6,913

Net result€30,489-€1,561▼ 94.9%€9,372▲ 500%€7,284▼ 22.3%€14,134▲ 94.0%-€574

Equity€138,737-€140,298▲ 1.1%€149,670▲ 6.7%€156,955▲ 4.9%€171,088▲ 9.0%€170,515▼ 0.3%

Total assets€182,377-€179,975▼ 1.3%€205,746▲ 14.3%€245,403▲ 19.3%€178,260▼ 27.4%€171,531▼ 3.8%

Debt€43,640-€39,677▼ 9.1%€56,076▲ 41.3%€88,448▲ 57.7%€7,172▼ 91.9%€1,016▼ 85.8%

Working capital€138,737-€140,298▲ 1.1%€149,670▲ 6.7%€156,955▲ 4.9%€171,088▲ 9.0%€170,515▼ 0.3%

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €171,531

99.4%

Equity €170,515 ▼ 0.3%

Debt €1,016 ▼ 85.8%

Debt's share of the balance-sheet total falls from 4.0% to 0.6%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Debt to equity

0.01▼

2023 · 0.04

ROE

-0.3%▼

2023 · 8.3%

ROA

-0.3%▼

2023 · 7.9%

Debt ≤ 1 year

€1,016▼

2023 · €7,172

A ratio outside any meaningful range has been withheld (balance sheet total €171,531, equity €170,515).

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines

Source: Annual accounts 2024 (PDF), filed on 29-01-2025.

Balance sheet Code20232024

Assets

Total assets20/58€178,260€171,531▼

Current assets29/58€178,260€171,531▼

Amounts receivable within one year40/41€155,377€148,510▼

Other amounts receivable41€155,377€148,510▼

Cash at bank and in hand54/58€22,883€23,021▲

Equity and liabilities

Total equity and liabilities10/49€178,260€171,531▼

Equity10/15€171,088€170,515▼

Contributions10/11€61,500€61,500=

Reserves13€100,284€100,284=

Non-distributable reserves130/1€6,150€6,150=

Reserves not available under the articles1311€6,150€6,150=

Distributable reserves133€94,134€94,134=

Profit (loss) carried forward14€9,305€8,731▼

Amounts payable17/49€7,172€1,016▼

Amounts payable within one year42/48€7,172€1,016▼

Trade debts44-€1,016

Suppliers440/4-€1,016

Taxes, remuneration and social security45€7,172-

Taxes450/3€7,172-

Income statement Code20232024

Non-recurring operating income76A€6,880-

Other operating charges640/8€348€5,659▲

Gross operating margin9900€18,744-€1,254▼

Operating profit (loss)9901€18,397-€6,913▼

Financial income75/76B€6,572€6,912▲

Recurring financial income75€6,572€6,912▲

Financial charges65/66B€3,252€573▼

Recurring financial charges65€3,252€573▼

Profit (loss) for the period before taxes9903€21,716-€574▼

Income taxes67/77€7,583-

Profit (loss) for the period9904€14,134-€574▼

Profit (loss) for the period to be appropriated9905€14,134-€574▼

Appropriation of the result

Profit (loss) to be appropriated9906€23,438€8,731▼

Profit (loss) brought forward from the previous period14P€9,305€9,305=

Transfer to equity691/2€14,134-

To other reserves6921€14,134-

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Line	2019	2020	2021	2022	2023	2024	Change
Non-recurring operating income76A	-	-	-	-	€6,880	-	-
Other operating charges640/8	-	-	-	€348	€348	€5,659	▲ 16×
Gross operating margin9900	€30,489	€4,877	€10,912	€3,872	€18,744	-€1,254	-
Operating profit (loss)9901	€30,489	€4,877	€10,912	€3,525	€18,397	-€6,913	-
Financial income75/76B	-	-	-	€7,044	€6,572	€6,912	▲ 5.2%
Recurring financial income75	-	-	-	€7,044	€6,572	€6,912	▲ 5.2%
Financial charges65/66B	-	-	-	€670	€3,252	€573	▼ 82.4%
Recurring financial charges65	-	-	-	€670	€3,252	€573	▼ 82.4%
Profit (loss) for the period before taxes9903	€30,489	€4,877	€10,912	€9,899	€21,716	-€574	-
Income taxes67/77	-	€3,316	€1,540	€2,615	€7,583	-	-
Profit (loss) for the period9904	€30,489	€1,561	€9,372	€7,284	€14,134	-€574	-
Profit (loss) for the period to be appropriated9905	€30,489	€1,561	€9,372	€7,284	€14,134	-€574	-

Line	2019	2020	2021	2022	2023	2024	Change
Assets
Total assets20/58	€182,377	€179,975	€205,746	€245,403	€178,260	€171,531	▼ 3.8%
Current assets29/58	€182,377	€179,975	€205,746	€245,403	€178,260	€171,531	▼ 3.8%
Amounts receivable within one year40/41	€149,700	€150,962	€172,884	€221,368	€155,377	€148,510	▼ 4.4%
Trade receivables40	-	-	-	€70,724	-	-	-
Other amounts receivable41	-	-	-	€150,644	€155,377	€148,510	▼ 4.4%
Cash at bank and in hand54/58	€4,228	€29,013	€32,862	€23,933	€22,883	€23,021	▲ 0.6%
Deferred charges and accrued income490/1	-	-	-	€101	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€182,377	€179,975	€205,746	€245,403	€178,260	€171,531	▼ 3.8%
Equity10/15	€138,737	€140,298	€149,670	€156,955	€171,088	€170,515	▼ 0.3%
Contributions10/11	€61,500	€61,500	€61,500	€61,500	€61,500	€61,500	=
Reserves13	€76,800	€76,800	€86,150	€86,150	€100,284	€100,284	=
Non-distributable reserves130/1	-	-	-	€6,150	€6,150	€6,150	=
Reserves not available under the articles1311	-	-	-	€6,150	€6,150	€6,150	=
Distributable reserves133	-	-	-	€80,000	€94,134	€94,134	=
Profit (loss) carried forward14	€437	€1,998	€2,020	€9,305	€9,305	€8,731	▼ 6.2%
Amounts payable17/49	€43,640	€39,677	€56,076	€88,448	€7,172	€1,016	▼ 85.8%
Amounts payable within one year42/48	€43,640	€39,677	€56,076	€88,448	€7,172	€1,016	▼ 85.8%
Trade debts44	€39,640	€39,640	€56,076	€85,834	-	€1,016	-
Suppliers440/4	-	-	-	€85,834	-	€1,016	-
Taxes, remuneration and social security45	-	-	-	€2,615	€7,172	-	-
Taxes450/3	-	-	-	€2,615	€7,172	-	-

Line	2019	2020	2021	2022	2023	2024	Change
Profit (loss) for the period9904	€30,489	€1,561	€9,372	€7,284	€14,134	-€574	-
Operating cash flow (approximation)	€30,489	€1,561	€9,372	€7,284	€14,134	-€574	-
Change in cash	-	€24,785	€3,849	-€8,929	-€1,050	€138	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2024	micro format	29-01-2025	2025-00020802	PDF
30-06-2023	micro format	30-01-2024	2024-00013092	PDF
30-06-2022	micro format	04-01-2023	2023-20554287	PDF
30-06-2021	micro format	22-12-2021	2021-81000597	PDF
30-06-2020	micro format	30-12-2020	2020-77400181	PDF
30-06-2019	micro format	21-01-2020	2020-01800011	PDF
30-06-2018	micro format	21-02-2019	2019-05400490	PDF
30-06-2017	micro format	14-02-2018	2018-05000552	PDF
30-06-2016	full format	31-01-2017	2017-03400217	PDF
30-06-2015	full format	25-02-2016	2016-05000450	PDF

Show all 15 filings