BFD
Open bankruptcyFinancials · financial year 2024, micro format
Turnover
≈ €370,000
Estimated: probably between €250,000 and €570,000
Total assets
€93,120▼ 61.0%
2023 · €238,464
Net result
-€305,079▼ 498%
2023 · -€51,002
Working capital
-€340,569▼ 1,143%
2023 · -€27,390
Trend over the years
2020 to 2024, 5 financial years
The operating result stays negative: a loss of €295,314 in 2024 against €46,740 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€295,314
2024
Net result-€305,079
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€93,120
2024
Equity-€342,692
2024
Debt€435,812
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€340,569
2024
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)-327.6%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-368.0%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.17
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)2.8
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Operating result-€158,238--€53,614▲ 66.1%€7,575-€46,740-€295,314▼ 532%
Net result-€145,744below the sector's middle half--€21,773below the sector's middle half▲ 85.1%€7,666within the sector's middle half-€51,002below the sector's middle half-€305,079below the sector's middle half▼ 498%
Equity-€133,244below the sector's middle half--€155,017below the sector's middle half▼ 16.3%€13,389within the sector's middle half-€37,613below the sector's middle half-€342,692below the sector's middle half▼ 811%
Total assets€106,000within the sector's middle half-€122,646within the sector's middle half▲ 15.7%€183,630within the sector's middle half▲ 49.7%€238,464within the sector's middle half▲ 29.9%€93,120within the sector's middle half▼ 61.0%
Debt€239,244-€277,664▲ 16.1%€170,241▼ 38.7%€276,077▲ 62.2%€435,812▲ 57.9%
Working capital-€143,400below the sector's middle half--€167,446below the sector's middle half▼ 16.8%-€498within the sector's middle half▲ 99.7%-€27,390below the sector's middle half▼ 5,399%-€340,569below the sector's middle half▼ 1,143%
Solvency-125.7%below the sector's middle half--126.4%below the sector's middle half▼ 0.7pp7.3%within the sector's middle half▲ 133.7pp-15.8%below the sector's middle half▼ 23.1pp-368.0%below the sector's middle half▼ 352.2pp
Current ratio0.31below the sector's middle half-0.35below the sector's middle half▲ 0.041.00within the sector's middle half▲ 0.650.89within the sector's middle half▼ 0.110.17below the sector's middle half▼ 0.72
Return on assets (ROA)-137.5%below the sector's middle half--17.8%below the sector's middle half▲ 119.7pp4.2%within the sector's middle half▲ 21.9pp-21.4%below the sector's middle half▼ 25.6pp-327.6%below the sector's middle half▼ 306.2pp
Staff (FTE)3.4above the sector's middle half-3▼ 11.8%3.4▲ 13.3%3.4=2.8▼ 17.6%
above
within
below
the middle half of NACE 47, Retail trade: 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 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 €93,120
Fixed assets
€22,877 ▲ 32.9%
Current assets
€70,243 ▼ 68.3%
Equity and liabilities
Equity-€342,692
Debt€435,812
Equity is negative: debt (€435,812) exceeds the balance-sheet total (€93,120).
Key figures and ratios
EBITDA
-€283,979▼
2023 · -€38,815
Cash flow
-€293,744▼
2023 · -€43,077
Interest coverage
-27.28▼
2023 · -6.33
Debt ≤ 1 year
€410,812▲
2023 · €248,642
Debt > 1 year
€25,000▼
2023 · €27,435
Income taxes
€298▲
2023 · €292
Staff costs
€137,678▼
2023 · €141,232
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €61,785 | €102,607 | €141,232 | €137,678 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,387 | €7,925 | €7,925 | €7,925 | €11,335 | ▲ 43.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,862 | €0 | - | - | - |
| Other operating charges640/8 | - | €449 | €1,000 | €493 | €178,559 | ▲ 362× |
| Gross operating margin9900 | -€19,825 | €21,406 | €119,107 | €102,910 | €32,257 | ▼ 68.7% |
| Operating profit (loss)9901 | -€158,238 | -€53,614 | €7,575 | -€46,740 | -€295,314 | ▼ 532% |
| Financial income75/76B | - | €33,661 | €3,001 | €2,164 | €944 | ▼ 56.4% |
| Recurring financial income75 | €14,045 | €33,661 | €3,001 | €2,164 | €944 | ▼ 56.4% |
| Financial charges65/66B | - | €1,546 | €2,633 | €6,134 | €10,411 | ▲ 69.7% |
| Recurring financial charges65 | €1,285 | €1,546 | €2,633 | €6,134 | €10,411 | ▲ 69.7% |
| Profit (loss) for the period before taxes9903 | -€145,478 | -€21,499 | €7,943 | -€50,710 | -€304,781 | ▼ 501% |
| Income taxes67/77 | €267 | €273 | €277 | €292 | €298 | ▲ 2.1% |
| Profit (loss) for the period9904 | -€145,744 | -€21,773 | €7,666 | -€51,002 | -€305,079 | ▼ 498% |
| Profit (loss) for the period to be appropriated9905 | -€145,744 | -€21,773 | €7,666 | -€51,002 | -€305,079 | ▼ 498% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106,000 | €122,646 | €183,630 | €238,464 | €93,120 | ▼ 61.0% |
| Fixed assets21/28 | €40,986 | €33,061 | €25,137 | €17,212 | €22,877 | ▲ 32.9% |
| Tangible fixed assets22/27 | €40,736 | €32,811 | €24,887 | €16,962 | €22,627 | ▲ 33.4% |
| Furniture and vehicles24 | - | €504 | €340 | €175 | €13,600 | ▲ 78× |
| Leasing and similar rights25 | - | €32,307 | €24,547 | €16,787 | €9,027 | ▼ 46.2% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €65,014 | €89,585 | €158,493 | €221,252 | €70,243 | ▼ 68.3% |
| Amounts receivable after more than one year29 | - | - | €58,150 | €135,503 | €0 | ▼ 100% |
| Trade receivables290 | - | - | €58,150 | €135,503 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €6,141 | €13,055 | €17,971 | €12,941 | €0 | ▼ 100% |
| Stocks30/36 | - | €13,055 | €17,971 | €12,941 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €51,678 | €70,794 | €79,958 | €67,394 | €57,146 | ▼ 15.2% |
| Trade receivables40 | - | €66,394 | €63,013 | €59,756 | €56,657 | ▼ 5.2% |
| Other amounts receivable41 | - | €4,400 | €16,945 | €7,638 | €488 | ▼ 93.6% |
| Cash at bank and in hand54/58 | €7,194 | €5,736 | €2,414 | €5,414 | €13,097 | ▲ 142% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106,000 | €122,646 | €183,630 | €238,464 | €93,120 | ▼ 61.0% |
| Equity10/15 | -€133,244 | -€155,017 | €13,389 | -€37,613 | -€342,692 | ▼ 811% |
| Contributions10/11 | - | €12,500 | €173,240 | €173,240 | €173,240 | = |
| Profit (loss) carried forward14 | -€145,744 | -€167,517 | -€159,851 | -€210,853 | -€515,932 | ▼ 145% |
| Amounts payable17/49 | €239,244 | €277,664 | €170,241 | €276,077 | €435,812 | ▲ 57.9% |
| Amounts payable after more than one year17 | €30,831 | €20,632 | €11,250 | €27,435 | €25,000 | ▼ 8.9% |
| Financial debts170/4 | - | €20,632 | €11,250 | €27,435 | €25,000 | ▼ 8.9% |
| Amounts payable within one year42/48 | €208,413 | €257,032 | €158,991 | €248,642 | €410,812 | ▲ 65.2% |
| Current portion of amounts payable after more than one year42 | - | €24,038 | €16,423 | €24,478 | €16,867 | ▼ 31.1% |
| Trade debts44 | €29,834 | €44,313 | €63,760 | €99,770 | €108,855 | ▲ 9.1% |
| Suppliers440/4 | - | €44,313 | €63,760 | €99,770 | €108,855 | ▲ 9.1% |
| Taxes, remuneration and social security45 | - | €15,994 | €34,636 | €52,586 | €49,085 | ▼ 6.7% |
| Taxes450/3 | - | €1,821 | €8,608 | €23,139 | €46,814 | ▲ 102% |
| Remuneration and social security454/9 | - | €14,173 | €26,028 | €29,447 | €2,271 | ▼ 92.3% |
| Other amounts payable47/48 | - | €172,687 | €44,172 | €71,809 | €236,005 | ▲ 229% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€145,744 | -€21,773 | €7,666 | -€51,002 | -€305,079 | ▼ 498% |
| + Depreciation and write-downs630 | €6,387 | €7,925 | €7,925 | €7,925 | €11,335 | ▲ 43.0% |
| Operating cash flow (approximation) | -€139,357 | -€13,848 | €15,591 | -€43,077 | -€293,744 | ▼ 582% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€17,000 | - |
| Change in cash | - | -€1,458 | -€3,322 | €3,000 | €7,684 | ▲ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 31-07-2025 | 2025-00336109 |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00295702 |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00108819 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20364330 |
| 31-12-2020 | micro format | 30-09-2021 | 2021-69900359 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 10,337 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 6,010. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.