AUTOMATIC CLEAN
abbreviatedACInactiveInactive; last annual accounts for fiscal year 2024. Dissolved without liquidation on 13-01-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€55,559
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
61 d late
2022
116 d late
2021
61 d late
2020
89 d late
2019
65 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
-€55,559
2023 · €280,771
Total assets
€788,972▼ 40.4%
2023 · €1.3m
Net result
-€336,330
2023 · €38,098
Working capital
€30,941▼ 91.2%
2023 · €351,282
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€59,783▲ 128%€49,988▼ 16.4%€63,836▲ 27.7%€63,255▼ 0.9%-€329,534
Net result€27,013▲ 806%€4,728▼ 82.5%-€4,086€38,098-€336,330
Equity€242,031▲ 12.6%€246,759▲ 2.0%€242,673▼ 1.7%€280,771▲ 15.7%-€55,559
Total assets€1.2m▲ 46.9%€1.4m▲ 18.9%€1.1m▼ 19.3%€1.3m▲ 15.3%€788,972▼ 40.4%
Debt€953,883▲ 59.2%€1.2m▲ 23.2%€904,525▼ 23.1%€1.0m▲ 15.2%€829,528▼ 20.4%
Working capital€474,421▲ 14.1%€398,495▼ 16.0%€328,060▼ 17.7%€351,282▲ 7.1%€30,941▼ 91.2%
Staff (FTE)1.8▲ 20.0%4▲ 122%4.1▲ 2.5%3.8▼ 7.3%3.6▼ 5.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €329,534 after €63,255 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €788,972
Fixed assets
€70,298 ▼ 16.2%
Current assets
€718,674 ▼ 42.0%
Key figures and ratios
EBITDA
-€285,614▼
2023 · €78,605
Cash flow
-€292,410▼
2023 · €53,449
Solvency
-7.0%▼
2023 · 21.2%
Current ratio
1.04▼
2023 · 1.40
Quick ratio
0.61▼
2023 · 0.78
Debt to equity
-14.93▼
2023 · 3.71
ROA
-42.6%▼
2023 · 2.9%
Interest coverage
-15.05▼
2023 · 4.84
Debt ≤ 1 year
€687,733▼
2023 · €887,796
Debt > 1 year
€139,684▼
2023 · €154,383
Income taxes
€3,501▼
2023 · €18,026
Staff costs
€215,621▲
2023 · €191,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,918 | €37,546 | €324 | €10,522 | ▲ 3,143% |
| Remuneration, social security and pensions62 | - | €168,198 | €199,436 | €191,712 | €215,621 | ▲ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,036 | €17,774 | €16,612 | €15,351 | €43,920 | ▲ 186% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €15,003 | - |
| Other operating charges640/8 | - | €21,512 | €10,338 | €4,318 | €107,344 | ▲ 2,386% |
| Non-recurring operating charges66A | - | €41,346 | €2,176 | €14,714 | €237,382 | ▲ 1,513% |
| Gross operating margin9900 | €164,389 | €298,819 | €292,399 | €289,349 | €289,735 | ▲ 0.1% |
| Operating profit (loss)9901 | €59,783 | €49,988 | €63,836 | €63,255 | -€329,534 | ▼ 621% |
| Financial income75/76B | - | €9,219 | €13,886 | €9,100 | €15,679 | ▲ 72.3% |
| Recurring financial income75 | €3,230 | €9,219 | €11,366 | €9,100 | €15,679 | ▲ 72.3% |
| Non-recurring financial income76B | - | - | €2,520 | - | - | - |
| Financial charges65/66B | - | €24,379 | €80,472 | €16,230 | €18,974 | ▲ 16.9% |
| Recurring financial charges65 | €23,967 | €24,379 | €80,472 | €16,230 | €18,974 | ▲ 16.9% |
| Profit (loss) for the period before taxes9903 | €39,046 | €34,828 | -€2,750 | €56,124 | -€332,829 | ▼ 693% |
| Income taxes67/77 | €12,033 | €30,100 | €1,336 | €18,026 | €3,501 | ▼ 80.6% |
| Profit (loss) for the period9904 | €27,013 | €4,728 | -€4,086 | €38,098 | -€336,330 | ▼ 983% |
| Profit (loss) for the period to be appropriated9905 | €27,013 | €4,728 | -€4,086 | €38,098 | -€336,330 | ▼ 983% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.4m | €1.1m | €1.3m | €788,972 | ▼ 40.4% |
| Fixed assets21/28 | €27,145 | €64,020 | €48,311 | €83,871 | €70,298 | ▼ 16.2% |
| Intangible fixed assets21 | €8,101 | €16,924 | €12,274 | €9,574 | €8,274 | ▼ 13.6% |
| Tangible fixed assets22/27 | €18,295 | €46,346 | €35,287 | €73,547 | €61,274 | ▼ 16.7% |
| Plant, machinery and equipment23 | - | €38,486 | €28,987 | €19,738 | €10,804 | ▼ 45.3% |
| Furniture and vehicles24 | - | €2,960 | €1,958 | €4,794 | €11,279 | ▲ 135% |
| Leasing and similar rights25 | - | - | - | €45,231 | €35,964 | ▼ 20.5% |
| Other tangible fixed assets26 | - | €4,899 | €4,342 | €3,784 | €3,227 | ▼ 14.7% |
| Financial fixed assets28 | €750 | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €1.2m | €1.4m | €1.1m | €1.2m | €718,674 | ▼ 42.0% |
| Stocks and contracts in progress3 | €542,346 | €843,514 | €606,627 | €542,800 | €301,372 | ▼ 44.5% |
| Stocks30/36 | - | €843,514 | €606,627 | €542,800 | €301,372 | ▼ 44.5% |
| Amounts receivable within one year40/41 | €590,449 | €500,001 | €476,071 | €683,962 | €401,762 | ▼ 41.3% |
| Trade receivables40 | - | €302,699 | €281,696 | €462,131 | €156,342 | ▼ 66.2% |
| Other amounts receivable41 | - | €197,302 | €194,375 | €221,831 | €245,420 | ▲ 10.6% |
| Cash at bank and in hand54/58 | €32,975 | €14,871 | €16,189 | €12,317 | €10,778 | ▼ 12.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4,763 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.4m | €1.1m | €1.3m | €788,972 | ▼ 40.4% |
| Equity10/15 | €242,031 | €246,759 | €242,673 | €280,771 | -€55,559 | ▼ 120% |
| Contributions10/11 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €42,031 | €46,759 | €42,673 | €80,771 | €80,771 | = |
| Non-distributable reserves130/1 | - | €20,000 | €20,000 | - | - | - |
| Reserves not available under the articles1311 | - | €20,000 | €20,000 | - | - | - |
| Distributable reserves133 | - | €26,759 | €22,673 | €80,771 | €80,771 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€336,330 | - |
| Provisions and deferred taxes16 | - | - | - | - | €15,003 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €15,003 | - |
| Other liabilities and charges164/5 | - | - | - | - | €15,003 | - |
| Amounts payable17/49 | €953,883 | €1.2m | €904,525 | €1.0m | €829,528 | ▼ 20.4% |
| Amounts payable after more than one year17 | €259,114 | €204,669 | €133,698 | €154,383 | €139,684 | ▼ 9.5% |
| Financial debts170/4 | - | €204,669 | €133,698 | €154,383 | €139,684 | ▼ 9.5% |
| Amounts payable within one year42/48 | €694,347 | €959,891 | €770,827 | €887,796 | €687,733 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | - | €95,968 | €70,971 | €23,896 | €14,697 | ▼ 38.5% |
| Financial debts43 | - | €385,000 | €200,000 | €200,000 | €208,357 | ▲ 4.2% |
| Credit institutions430/8 | - | €385,000 | €200,000 | €200,000 | €208,357 | ▲ 4.2% |
| Trade debts44 | €331,402 | €331,280 | €293,783 | €252,189 | €245,234 | ▼ 2.8% |
| Suppliers440/4 | - | €331,280 | €293,783 | €252,189 | €245,234 | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | €38,905 | €67,629 | €102,938 | €124,043 | ▲ 20.5% |
| Taxes450/3 | - | €27,852 | €49,347 | €77,042 | €97,986 | ▲ 27.2% |
| Remuneration and social security454/9 | - | €11,052 | €18,282 | €25,896 | €26,057 | ▲ 0.6% |
| Other amounts payable47/48 | - | €108,739 | €138,444 | €308,774 | €95,402 | ▼ 69.1% |
| Accrued charges and deferred income492/3 | - | €11,087 | - | - | €2,111 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,013 | €4,728 | -€4,086 | €38,098 | -€336,330 | ▼ 983% |
| + Depreciation and write-downs630 | €10,036 | €17,774 | €16,612 | €15,351 | €43,920 | ▲ 186% |
| Operating cash flow (approximation) | €37,049 | €22,502 | €12,526 | €53,449 | -€292,410 | ▼ 647% |
| Investment in fixed assets (approximation) | - | -€54,649 | -€903 | -€50,911 | -€30,347 | ▲ 40.4% |
| Change in cash | - | -€18,104 | €1,318 | -€3,872 | -€1,539 | ▲ 60.3% |
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
2026
06-02
State Gazette act
Restructuring · End & cessationResignations: BMACON, BGCOS and BRESSELEERS Gert · Permanent representatives: WILDIERS Konstantijn and BRESSELEERS Luc · Merger13 facts ▸
State Gazette act
Restructuring · End & cessation
Resignations: BMACON, BGCOS and BRESSELEERS Gert · Permanent representatives: WILDIERS Konstantijn and BRESSELEERS Luc · Merger13 facts ▸
- General meeting, 13-01-2026
- Merger, absorption
- Accounting effect, 01-08-2025
- Dissolution, 13-01-2026
- Director resignation, BMACON (director)
- Permanent representative, WILDIERS Konstantijn
- Director resignation, BGCOS (director)
- Permanent representative, BRESSELEERS Luc
- Director resignation, BRESSELEERS Gert (director)
- Power of attorney, Karl Abelshausen
- Power of attorney, Dirk Robbrecht
- Power of attorney, Ad-Ministerie
- +1 further facts in this act
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€336,330
Net result drops to -€336,330, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Back to profitnet €38,098
Net result €38,098 after one loss-making year.
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 116 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 65 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 6 days late
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Mandate history
3 people since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BGCOS |
|
| BMACON |
|
| BRESSELEERS Gert |
|
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:BOMA