B.T.E.
Dissolved and wound up on 20-03-2026Financials · financial year 2024, micro format
Annual accounts 2024 filed on 07-07-2025 at the NBB all 2 filings
Turnover
≈ €260,000
Estimated: probably between €170,000 and €450,000
Total assets
€197,953▲ 6.2%
2023 · €186,414
Net result
€1,084
2023 · -€1,183
Working capital
€131,109▲ 15.6%
2023 · €113,417
Multi-year overview
2023 to 2024, 2 financial yearsOperating result
€2,385
2024
20232024
Net result
€1,084
2024
20232024
Equity
€172,968
▲ 0.6%
2024
20232024
Total assets
€197,953
▲ 6.2%
2024
20232024
Debt
€24,985
▲ 72.0%
2024
20232024
Working capital
€131,109
▲ 15.6%
2024
20232024
Staff (FTE)
1
=
2024
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result-€2,111-€2,385
Net result-€1,183-€1,084
Equity€171,884-€172,968▲ 0.6%
Total assets€186,414-€197,953▲ 6.2%
Debt€14,530-€24,985▲ 72.0%
Working capital€113,417-€131,109▲ 15.6%
Staff (FTE)1-1=
The operating result for 2024 is a profit of €2,385, after a loss of €2,111 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197,953
Fixed assets
€41,859 ▼ 28.4%
Current assets
€156,094 ▲ 22.0%
Equity and liabilities €197,953
Equity
€172,968 ▲ 0.6%
Debt
€24,985 ▲ 72.0%
Debt's share of the balance-sheet total rises from 7.8% to 12.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,667▲
2023 · €13,862
Cash flow
€17,366▲
2023 · €14,789
Current ratio
6.25▼
2023 · 8.81
Debt to equity
0.14▲
2023 · 0.08
ROE
0.6%▲
2023 · -0.7%
ROA
0.5%▲
2023 · -0.6%
Interest coverage
16.64▲
2023 · 12.42
Debt ≤ 1 year
€24,985▲
2023 · €14,530
Income taxes
€283▲
2023 · €0
Staff costs
€65,799▲
2023 · €60,034
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| part-time | 0 | 0 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 |
| On a permanent contract | 1 | 1 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €49,796 | €902 |
| Depreciation and write-downs of the year | €15,972 | €16,282 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €12,400 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €60,034 | €65,799 | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,972 | €16,282 | ▲ 1.9% |
| Other operating charges640/8 | €1,058 | €1,338 | ▲ 26.5% |
| Non-recurring operating charges66A | - | €1,228 | - |
| Gross operating margin9900 | €74,953 | €87,031 | ▲ 16.1% |
| Operating profit (loss)9901 | -€2,111 | €2,385 | - |
| Financial income75/76B | €2,044 | €104 | ▼ 94.9% |
| Recurring financial income75 | €2,044 | €104 | ▼ 94.9% |
| Financial charges65/66B | €1,116 | €1,122 | ▲ 0.5% |
| Recurring financial charges65 | €1,116 | €1,122 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | -€1,183 | €1,367 | - |
| Income taxes67/77 | €0 | €283 | - |
| Profit (loss) for the period9904 | -€1,183 | €1,084 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,183 | €1,084 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €186,414 | €197,953 | ▲ 6.2% |
| Fixed assets21/28 | €58,467 | €41,859 | ▼ 28.4% |
| Tangible fixed assets22/27 | €58,005 | €41,397 | ▼ 28.6% |
| Plant, machinery and equipment23 | €10,665 | €7,315 | ▼ 31.4% |
| Furniture and vehicles24 | €45,052 | €33,287 | ▼ 26.1% |
| Other tangible fixed assets26 | €2,288 | €795 | ▼ 65.2% |
| Financial fixed assets28 | €462 | €462 | = |
| Current assets29/58 | €127,947 | €156,094 | ▲ 22.0% |
| Stocks and contracts in progress3 | €457 | €0 | ▼ 100% |
| Stocks30/36 | €457 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €22,303 | €15,030 | ▼ 32.6% |
| Trade receivables40 | €6,924 | €0 | ▼ 100% |
| Other amounts receivable41 | €15,379 | €15,030 | ▼ 2.3% |
| Cash at bank and in hand54/58 | €96,539 | €132,632 | ▲ 37.4% |
| Deferred charges and accrued income490/1 | €8,647 | €8,431 | ▼ 2.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €186,414 | €197,953 | ▲ 6.2% |
| Equity10/15 | €171,884 | €172,968 | ▲ 0.6% |
| Contributions10/11 | €59,494 | €12,395 | ▼ 79.2% |
| Reserves13 | €112,389 | €160,573 | ▲ 42.9% |
| Non-distributable reserves130/1 | €0 | - | - |
| Reserves not available under the articles1311 | €0 | - | - |
| Tax-exempt reserves132 | €3,824 | €3,824 | = |
| Distributable reserves133 | €108,566 | €156,750 | ▲ 44.4% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €14,530 | €24,985 | ▲ 72.0% |
| Amounts payable within one year42/48 | €14,530 | €24,985 | ▲ 72.0% |
| Trade debts44 | €2,240 | €20,903 | ▲ 833% |
| Suppliers440/4 | €2,240 | €20,903 | ▲ 833% |
| Taxes, remuneration and social security45 | €8,287 | €159 | ▼ 98.1% |
| Taxes450/3 | €8,287 | €159 | ▼ 98.1% |
| Remuneration and social security454/9 | €0 | - | - |
| Other amounts payable47/48 | €4,003 | €3,923 | ▼ 2.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,183 | €1,084 | - |
| + Depreciation and write-downs630 | €15,972 | €16,282 | ▲ 1.9% |
| Operating cash flow (approximation) | €14,789 | €17,366 | ▲ 17.4% |
| Investment in fixed assets (approximation) | - | €326 | - |
| Change in cash | - | €36,093 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.