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Baron Ruzettelaan 250 ·8310 Brugge, Belgium
BE 0782.944.309
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Turnover
EBIT margin
Net result€29k+126.1%
Working capital€254k+51.8%
CSV export

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · verkort
€0€20k€40k€60kOperating result 2023: €29k€29kNet result 2023: €13k€13kOperating result 2024: €56k€56kNet result 2024: €29k€29k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 78 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 9.3% 52.0%
better than 18% of 111 sector peers
Net result €29k €20k
better than 60% of 111 sector peers
Equity €44k €63k
better than 40% of 111 sector peers
Gross operating margin €1.76M €44k
better than 95% of 110 sector peers
Staff costs €1.69M €195k
higher than 90% of 37 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€65k
+51.5% +277% vs sector
Net profit
€29k
+126.1% +148% vs sector
Cash flow
€37k
+39.3% +224% vs sector
Total assets
€478k
+6.0% +351% vs sector
Equity
€44k
+182.8% -13% vs sector
Working capital
€254k
+51.8% +334% vs sector
Employees (FTE)
47
+79.6% ≈ vs sector
Staff costs
€1.69M
-18.4% +100% vs sector
Income taxes
€12k
+90.5% +45% vs sector
Debt
€434k
-0.4% +305% vs sector
Debt ≤ 1y
€168k
+2.5% +69% vs sector
Debt > 1y
€148k
-26.8% +100% vs sector
Current ratio
2.51
+24.3% +9% vs sector
Quick ratio
2.51
+24.3% +9% vs sector
Solvency
9.3%
+166.9% -87% vs sector
Debt / equity
9.80
-64.8% +388% vs sector
ROE
64.6%
-20.0% +184% vs sector
ROA
6.0%
+113.4% +21% vs sector
Interest coverage
4.00
-2.1% ≈ vs sector
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€65k
Net profit€29k
Cash flow€37k
Staff costs€1.69M
Income taxes€12k
Dividends
Total assets€478k
Equity€44k
Debt€434k
of which ≤ 1y€168k
of which > 1y€148k
Working capital€254k
Employees (FTE)46.7
Ratios (computed)
2024
Current ratio2.51
Quick ratio2.51
Working capital ratio53.1%
Solvency9.3%
Debt / equity9.80
Long-term debt ratio3.34
Interest coverage4.00
Gross margin
Net margin
ROA6.0%
ROE64.6%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€478k
Fixed assets 21/28€56k
Intangible fixed assets 21€28k
Tangible fixed assets 22/27€17k
Financial fixed assets 28€11k
Current assets 29/58€422k
Amounts receivable within one year 40/41€303k
Cash & bank 54/58€119k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€478k
Equity 10/15€44k
Contributions / capital 10/11€3k
Reserves 13€41k
Amounts payable 17/49€434k
Amounts payable after one year 17€148k
Amounts payable within one year 42/48€168k
Income statement
Gross operating margin 9900€1.76M
Operating result 9901€56k
Financial income 75€0
Financial charges 65€16k
Result before taxes 9903€40k
Income taxes 67/77€12k
Net result for the period 9904€29k
Result to be appropriated 9905€29k
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Ratios computed by Checked.

Health barometer

FY 2024 · computed
81 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.