B24C
ActiveSummary
B24C has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,825 and a net result of -€11,219. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€198,825▼ 5.3%
2024 · €210,044
Total assets
€201,713▼ 4.3%
2024 · €210,847
Net result
-€11,219▲ 83.3%
2024 · -€67,066
Working capital
€70,093▼ 12.9%
2024 · €80,474
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €10,893 in 2025 against €66,870 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€10,893
2025
Net result-€11,219
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€201,713
2025
Equity€198,825
2025
Debt€2,887
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€70,093
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-5.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency98.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio25.28
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€47,631-€29,603▼ 37.8%€75,551▲ 155%€28,829▼ 61.8%€185,494▲ 543%-€66,870-€10,893▲ 83.7%
Net result€32,683-€19,942within the sector's middle half▼ 39.0%€53,541within the sector's middle half▲ 168%€20,676within the sector's middle half▼ 61.4%€129,807above the sector's middle half▲ 528%-€67,066below the sector's middle half-€11,219below the sector's middle half▲ 83.3%
Equity€106,226-€126,168within the sector's middle half▲ 18.8%€179,709within the sector's middle half▲ 42.4%€200,385above the sector's middle half▲ 11.5%€305,758above the sector's middle half▲ 52.6%€210,044above the sector's middle half▼ 31.3%€198,825above the sector's middle half▼ 5.3%
Total assets€158,779-€166,074below the sector's middle half▲ 4.6%€214,403below the sector's middle half▲ 29.1%€221,658within the sector's middle half▲ 3.4%€339,275above the sector's middle half▲ 53.1%€210,847within the sector's middle half▼ 37.9%€201,713within the sector's middle half▼ 4.3%
Debt€52,554-€39,907▼ 24.1%€34,694▼ 13.1%€21,274▼ 38.7%€33,517▲ 57.6%€803▼ 97.6%€2,887▲ 260%
Working capital€46,521-€51,931within the sector's middle half▲ 11.6%€106,701within the sector's middle half▲ 105%€106,563within the sector's middle half▼ 0.1%€214,565above the sector's middle half▲ 101%€80,474within the sector's middle half▼ 62.5%€70,093within the sector's middle half▼ 12.9%
Solvency66.9%-76.0%above the sector's middle half▲ 9.1pp83.8%above the sector's middle half▲ 7.8pp90.4%above the sector's middle half▲ 6.6pp90.1%above the sector's middle half▼ 0.3pp99.6%above the sector's middle half▲ 9.5pp98.6%above the sector's middle half▼ 1.1pp
Current ratio3.94-5.39above the sector's middle half▲ 1.467.45above the sector's middle half▲ 2.068.39above the sector's middle half▲ 0.9411.02above the sector's middle half▲ 2.6325.28above the sector's middle half
Return on assets (ROA)20.6%-12.0%within the sector's middle half▼ 8.6pp25.0%above the sector's middle half▲ 13.0pp9.3%within the sector's middle half▼ 15.6pp38.3%above the sector's middle half▲ 28.9pp-31.8%below the sector's middle half▼ 70.1pp-5.6%below the sector's middle half▲ 26.2pp
above
within
below
the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201,713
Fixed assets
€128,732 ▼ 0.6%
Current assets
€72,980 ▼ 10.2%
Equity and liabilities €201,713
Equity
€198,825 ▼ 5.3%
Debt
€2,887 ▲ 260%
Debt's share of the balance-sheet total rises from 0.4% to 1.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,716▲
2024 · -€61,241
Cash flow
-€8,041▲
2024 · -€61,436
Debt to equity
0.01▲
2024 · 0.00
ROE
-5.6%▲
2024 · -31.9%
Interest coverage
-192.90▲
2024 · -313.51
Debt ≤ 1 year
€2,887▲
2024 · €803
Income taxes
€285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,220 | €11,220 | €11,220 | €2,738 | €5,458 | €5,630 | €3,177 | ▼ 43.6% |
| Other operating charges640/8 | - | - | - | €102 | €109 | - | €238 | - |
| Gross operating margin9900 | €62,795 | €40,923 | €86,927 | €31,668 | €191,061 | -€61,241 | -€7,478 | ▲ 87.8% |
| Operating profit (loss)9901 | €47,631 | €29,603 | €75,551 | €28,829 | €185,494 | -€66,870 | -€10,893 | ▲ 83.7% |
| Recurring financial income75 | - | - | €133 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €643 | €725 | €195 | €40 | ▼ 79.5% |
| Recurring financial charges65 | €850 | €1,097 | €881 | €643 | €725 | €195 | €40 | ▼ 79.5% |
| Profit (loss) for the period before taxes9903 | €46,781 | €28,506 | €74,803 | €28,186 | €184,770 | -€67,066 | -€10,933 | ▲ 83.7% |
| Income taxes67/77 | €14,097 | €8,564 | €21,262 | €7,510 | €54,962 | - | €285 | - |
| Profit (loss) for the period9904 | €32,683 | €19,942 | €53,541 | €20,676 | €129,807 | -€67,066 | -€11,219 | ▲ 83.3% |
| Profit (loss) for the period to be appropriated9905 | €32,683 | €19,942 | €53,541 | €20,676 | €129,807 | -€67,066 | -€11,219 | ▲ 83.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €158,779 | €166,074 | €214,403 | €221,658 | €339,275 | €210,847 | €201,713 | ▼ 4.3% |
| Fixed assets21/28 | €96,421 | €102,324 | €91,161 | €100,679 | €103,298 | €129,570 | €128,732 | ▼ 0.6% |
| Tangible fixed assets22/27 | €44,880 | €33,660 | €22,440 | €12,833 | €10,523 | €4,894 | €1,716 | ▼ 64.9% |
| Plant, machinery and equipment23 | - | - | - | €285 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €12,548 | €10,523 | €4,894 | €1,716 | ▼ 64.9% |
| Financial fixed assets28 | €51,541 | €68,664 | €68,721 | €87,845 | €92,775 | €124,677 | €127,016 | ▲ 1.9% |
| Current assets29/58 | €62,358 | €63,750 | €123,242 | €120,980 | €235,977 | €81,277 | €72,980 | ▼ 10.2% |
| Amounts receivable within one year40/41 | €48,736 | €9,016 | €9,692 | €25,859 | €11,418 | €10,124 | - | - |
| Trade receivables40 | - | - | - | €19,166 | €2,988 | €2,720 | - | - |
| Other amounts receivable41 | - | - | - | €6,693 | €8,430 | €7,404 | - | - |
| Current investments50/53 | - | - | €49,058 | €86,340 | €110,339 | €62,885 | €52,822 | ▼ 16.0% |
| Cash at bank and in hand54/58 | €12,309 | €47,922 | €61,369 | €5,252 | €110,179 | €3,445 | €16,198 | ▲ 370% |
| Deferred charges and accrued income490/1 | - | - | - | €3,529 | €4,041 | €4,823 | €3,961 | ▼ 17.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €158,779 | €166,074 | €214,403 | €221,658 | €339,275 | €210,847 | €201,713 | ▼ 4.3% |
| Equity10/15 | €106,226 | €126,168 | €179,709 | €200,385 | €305,758 | €210,044 | €198,825 | ▼ 5.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €87,626 | €107,568 | €161,109 | €181,785 | €287,158 | €258,510 | €258,510 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €179,925 | €285,298 | €256,650 | €256,650 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€67,066 | -€78,284 | ▼ 16.7% |
| Amounts payable17/49 | €52,554 | €39,907 | €34,694 | €21,274 | €33,517 | €803 | €2,887 | ▲ 260% |
| Amounts payable after more than one year17 | €36,716 | €26,942 | €16,990 | €6,857 | - | - | - | - |
| Financial debts170/4 | - | - | - | €6,857 | - | - | - | - |
| Amounts payable within one year42/48 | €15,838 | €11,819 | €16,541 | €14,416 | €21,412 | €803 | €2,887 | ▲ 260% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,133 | €6,857 | - | - | - |
| Trade debts44 | €2,970 | €51 | €327 | €2,216 | €1,574 | €803 | €148 | ▼ 81.5% |
| Suppliers440/4 | - | - | - | €2,216 | €1,574 | €803 | €148 | ▼ 81.5% |
| Taxes, remuneration and social security45 | - | - | - | €2,068 | €12,981 | - | €2,739 | - |
| Taxes450/3 | - | - | - | €2,068 | €12,981 | - | €2,739 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €12,105 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,683 | €19,942 | €53,541 | €20,676 | €129,807 | -€67,066 | -€11,219 | ▲ 83.3% |
| + Depreciation and write-downs630 | €11,220 | €11,220 | €11,220 | €2,738 | €5,458 | €5,630 | €3,177 | ▼ 43.6% |
| Operating cash flow (approximation) | €43,903 | €31,162 | €64,761 | €23,414 | €135,265 | -€61,436 | -€8,041 | ▲ 86.9% |
| Investment in fixed assets (approximation) | - | -€17,123 | -€57 | -€12,255 | -€8,077 | -€31,902 | -€2,339 | ▲ 92.7% |
| Change in cash | - | €35,613 | €13,447 | -€56,118 | €104,927 | -€106,734 | €12,753 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 22-12-2025 | 2025-00587339 |
| 30-06-2024 | micro format | 17-12-2024 | 2024-00617591 |
| 30-06-2023 | micro format | 08-12-2023 | 2023-00524414 |
| 30-06-2022 | micro format | 08-12-2022 | 2022-20533971 |
| 30-06-2021 | abbreviated format | 10-12-2021 | 2021-79900311 |
| 30-06-2020 | abbreviated format | 07-12-2020 | 2020-74800446 |
| 30-06-2019 | abbreviated format | 17-12-2019 | 2019-76400340 |
| 30-06-2018 | abbreviated format | 05-12-2018 | 2018-73800228 |
| 30-06-2017 | abbreviated format | 05-12-2017 | 2017-71100582 |
| 30-06-2016 | abbreviated format | 09-12-2016 | 2016-69700307 |
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Of the 18,227 active companies whose main activity is activities of building architects (NACE 71111), figures are known for 6,504. 5,203 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €809 awarded · €809 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €357 | €357 |
| 2022 | 1 | €452 | €452 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.