Turnover—
EBIT margin—
Net result€9.39M+26.0%
Working capital€38.24M+29.8%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 18-08-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
growing
Equity: growth of ~15.9%/year over 3 fiscal years — indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 68 — Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 93.9% | 8.8% | |
| Net result | €9.39M | €-3k | |
| Equity | €62.35M | €56k | |
| Gross operating margin | €888k | €28k | |
| Staff costs | €56k | €40k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€727k
-15.4%
22–24
€9.39M
+26.0%
22–24
€10.16M
+23.2%
22–24
€66.42M
+16.8%
22–24
€62.35M
+17.7%
22–24
€38.24M
+29.8%
22–24
1
+40.0%
22–24
€56k
+53.4%
22–24
€744k
+16.7%
22–24
€5.00M
—
22–24
€4.07M
+4.6%
22–24
€1.59M
+57.4%
22–24
€2.42M
-14.3%
22–24
24.99
-16.9%
22–24
24.99
-16.9%
22–24
93.9%
+0.8%
22–24
0.07
-11.2%
22–24
15.1%
+7.0%
22–24
14.1%
+7.8%
22–24
3.62
—
22–24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €727k |
| Net profit | €9.39M |
| Cash flow | €10.16M |
| Staff costs | €56k |
| Income taxes | €744k |
| Dividends | — |
| Total assets | €66.42M |
| Equity | €62.35M |
| Debt | €4.07M |
| of which ≤ 1y | €1.59M |
| of which > 1y | €2.42M |
| Working capital | €38.24M |
| Employees (FTE) | 1.4 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 24.99 |
| Quick ratio | 24.99 |
| Working capital ratio | 57.6% |
| Solvency | 93.9% |
| Debt / equity | 0.07 |
| Long-term debt ratio | 0.04 |
| Interest coverage | 3.62 |
| Gross margin | — |
| Net margin | — |
| ROA | 14.1% |
| ROE | 15.1% |
| 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 | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €66.42M |
| Fixed assets | 21/28 | €26.59M |
| Tangible fixed assets | 22/27 | €23.97M |
| Financial fixed assets | 28 | €2.62M |
| Current assets | 29/58 | €39.83M |
| Amounts receivable within one year | 40/41 | €7.34M |
| Investments | 50/53 | €30.69M |
| Cash & bank | 54/58 | €1.78M |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €66.42M |
| Equity | 10/15 | €62.35M |
| Contributions / capital | 10/11 | €2.16M |
| Reserves | 13 | €12.12M |
| Accumulated profits (losses) | 14 | €48.07M |
| Amounts payable | 17/49 | €4.07M |
| Amounts payable after one year | 17 | €2.42M |
| Amounts payable within one year | 42/48 | €1.59M |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €888k |
| Operating result | 9901 | €-50k |
| Financial income | 75 | €10.38M |
| Financial charges | 65 | €201k |
| Result before taxes | 9903 | €10.13M |
| Income taxes | 67/77 | €744k |
| Net result for the period | 9904 | €9.39M |
| Result to be appropriated | 9905 | €9.39M |
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Ratios computed by Checked.
Health barometer
FY 2024 · computed100
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See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.