BDO CYNEX
InactiveFinancials · financial year 2024, abbreviated format
Turnover
≈ €160,000
Estimated: probably between €87,000 and €310,000
Total assets
€258,765▲ 23.7%
2022 · €209,224
Net result
€111,101▼ 43.0%
2022 · €194,775
Working capital
-€61,921
2021 · €1,328
Trend over the years
2019 to 2024, 5 financial years 2018 to 2024, 6 financial years
The operating result is -€23,369 in 2024, compared with -€4,789 in 2022. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€23,369
2024
Net result€111,101
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€258,765
2024
Equity€255,180
2024
Debt€3,585
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€61,921
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222024
Operating result€46,788-€9,635▼ 79.4%€10,010▲ 3.9%€18,870▲ 88.5%-€4,789-€23,369-
Net result€123,669-€176,146▲ 42.4%€247,819▲ 40.7%€253,577▲ 2.3%€194,775▼ 23.2%€111,101-
Equity€149,550-€200,706▲ 34.2%€227,521▲ 13.4%€209,637▼ 7.9%€144,079▼ 31.3%€255,180-
Total assets€309,872-€256,756▼ 17.1%€232,158▼ 9.6%€212,662▼ 8.4%€209,224▼ 1.6%€258,765-
Debt€160,321-€56,050▼ 65.0%€4,637▼ 91.7%€3,025▼ 34.8%€65,145▲ 22×€3,585-
Working capital-€143,471--€46,111▲ 67.9%€16,563€1,328▼ 92.0%-€61,921
Staff (FTE)1-
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €258,765
Fixed assets
€99,000 ▼ 51.9%
Current assets
€159,765 ▲ 50×
Equity and liabilities €258,765
Equity
€255,180 ▲ 77.1%
Debt
€3,585 ▼ 94.5%
Debt's share of the balance-sheet total falls from 31.1% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€21,566▼
2022 · -€2,480
Cash flow
€112,904▼
2022 · €197,084
Debt to equity
0.01▼
2022 · 0.45
ROE
43.5%▼
2022 · 135.2%
ROA
42.9%▼
2022 · 93.1%
Interest coverage
-2.66▲
2022 · -5.67
Staff costs
€12,495
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €12,495 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,531 | €52,623 | €42,859 | €2,650 | €2,308 | €1,803 | - |
| Other operating charges640/8 | - | - | - | €1,875 | €892 | €16,305 | - |
| Non-recurring operating charges66A | - | - | - | - | - | €38,500 | - |
| Gross operating margin9900 | €99,728 | €62,668 | €53,279 | €23,395 | -€1,588 | €45,734 | - |
| Operating profit (loss)9901 | €46,788 | €9,635 | €10,010 | €18,870 | -€4,789 | -€23,369 | - |
| Financial income75/76B | - | - | - | €240,000 | €200,001 | €142,586 | - |
| Recurring financial income75 | €117,750 | €177,242 | €241,565 | €240,000 | €200,001 | €4,036 | - |
| Non-recurring financial income76B | - | - | - | - | - | €138,550 | - |
| Financial charges65/66B | - | - | - | €674 | €437 | €8,116 | - |
| Recurring financial charges65 | €2,346 | €1,618 | €1,479 | €674 | €437 | €8,116 | - |
| Profit (loss) for the period before taxes9903 | €127,258 | €176,146 | €250,096 | €258,196 | €194,775 | €111,101 | - |
| Income taxes67/77 | €3,589 | €0 | €2,278 | €4,620 | €0 | - | - |
| Profit (loss) for the period9904 | €123,669 | €176,146 | €247,819 | €253,577 | €194,775 | €111,101 | - |
| Profit (loss) for the period to be appropriated9905 | €123,669 | €176,146 | €247,819 | €253,577 | €194,775 | €111,101 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €309,872 | €256,756 | €232,158 | €212,662 | €209,224 | €258,765 | - |
| Formation expenses20 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €301,354 | €246,817 | €210,958 | €208,308 | €206,000 | €99,000 | - |
| Intangible fixed assets21 | €92,973 | €47,817 | €4,958 | €2,308 | €0 | - | - |
| Tangible fixed assets22/27 | €268 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €208,114 | €199,000 | €206,000 | €206,000 | €206,000 | €99,000 | - |
| Current assets29/58 | €8,517 | €9,939 | €21,200 | €4,353 | €3,224 | €159,765 | - |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1,210 | €1,457 | €1,225 | €1,533 | €1,857 | €151,716 | - |
| Trade receivables40 | - | - | - | - | €780 | €394 | - |
| Other amounts receivable41 | - | - | - | €1,533 | €1,077 | €151,323 | - |
| Current investments50/53 | €370 | €370 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €3,866 | €7,920 | €19,620 | €2,466 | €900 | €8,049 | - |
| Deferred charges and accrued income490/1 | - | - | - | €355 | €467 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €309,872 | €256,756 | €232,158 | €212,662 | €209,224 | €258,765 | - |
| Equity10/15 | €149,550 | €200,706 | €227,521 | €209,637 | €144,079 | €255,180 | - |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €65,250 | €65,250 | €65,250 | - |
| Capital10 | - | - | - | €61,500 | €61,500 | €61,500 | - |
| Issued capital100 | - | - | - | €61,500 | €61,500 | €61,500 | - |
| Contributions outside capital11 | - | - | - | €3,750 | €3,750 | €3,750 | - |
| Share premium1100/10 | - | - | - | €3,750 | €3,750 | €3,750 | - |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | - |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | €6,150 | - |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | €6,150 | - |
| Profit (loss) carried forward14 | €78,150 | €129,306 | €156,121 | €138,237 | €72,679 | €183,780 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €160,321 | €56,050 | €4,637 | €3,025 | €65,145 | €3,585 | - |
| Amounts payable after more than one year17 | €8,333 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €151,988 | €56,050 | €4,637 | €3,025 | €65,145 | - | - |
| Trade debts44 | €4,090 | €2,722 | €500 | €3,025 | €145 | - | - |
| Suppliers440/4 | - | - | - | €3,025 | €145 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0 | - | - | - |
| Taxes450/3 | - | - | - | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €65,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €3,585 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €123,669 | €176,146 | €247,819 | €253,577 | €194,775 | €111,101 | - |
| + Depreciation and write-downs630 | €52,531 | €52,623 | €42,859 | €2,650 | €2,308 | €1,803 | - |
| Operating cash flow (approximation) | €176,199 | €228,769 | €290,678 | €256,227 | €197,084 | €112,904 | - |
| Investment in fixed assets (approximation) | - | €1,914 | -€7,000 | €0 | €0 | - | - |
| Change in cash | - | €4,054 | €11,700 | -€17,155 | -€1,566 | - | - |
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 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2024 | abbreviated format | 23-04-2025 | 2025-00074377 |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00141715 |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20100778 |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-35000254 |
| 31-12-2019 | abbreviated format | 25-05-2020 | 2020-12900356 |
| 31-12-2018 | abbreviated format | 14-06-2019 | 2019-18800083 |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-51100014 |
| 31-12-2016 | abbreviated format | 22-06-2017 | 2017-20700052 |
| 31-12-2015 | abbreviated format | 25-04-2016 | 2016-10700542 |
| 31-12-2014 | abbreviated format | 26-03-2015 | 2015-07600512 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.