CCSA
InactiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2024, abbreviated format
Latest annual accounts filed
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 18-06-2025
- Format
- abbreviated format
- Reference
- 2025-00155133
Turnover
≈ €270,000
Estimated: probably between €170,000 and €520,000
Total assets
€2.1m▲ 1.5%
2023 · €2.0m
Net result
€39,303▲ 62.1%
2023 · €24,253
Working capital
€1.3m▲ 1.5%
2023 · €1.3m
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 44% above 2023 and is the highest 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€0.06m
2024
Net result€0.04m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.1m
2024
Equity€1.7m
2024
Debt€0.2m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.3m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€0.06m-€0.004m€0.008m▲ 96.3%€0.03m▲ 227%€0.007m▼ 73.5%€0.04m▲ 515%€0.06m▲ 44.3%
Net result-€0.07m--€0.006m▲ 91.4%€0.003m€0.01m▲ 272%-€0.006m€0.02m€0.04m▲ 62.1%
Equity€1.7m-€1.7m▼ 0.4%€1.7m▲ 0.2%€1.7m▲ 0.6%€1.7m▼ 0.4%€1.7m▲ 1.5%€1.7m▲ 2.3%
Total assets€2.3m-€2.2m▼ 2.6%€2.2m▼ 2.9%€2.2m▲ 1.0%€2.1m▼ 6.0%€2.0m▼ 0.5%€2.1m▲ 1.5%
Debt€0.4m-€0.4m▼ 12.4%€0.4m▲ 8.2%€0.4m▲ 4.0%€0.3m▼ 30.8%€0.2m▼ 11.0%€0.2m▼ 2.3%
Working capital€1.4m-€1.3m▼ 3.3%€1.2m▼ 7.1%€1.2m▲ 1.7%€1.2m▼ 0.8%€1.3m▲ 1.5%€1.3m▲ 1.5%
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, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€703,717 ▲ 0.8%
Current assets
€1.4m ▲ 1.8%
Equity and liabilities €2.1m
Equity
€1.7m ▲ 2.3%
Provisions
€119,343 ▼ 3.2%
Debt
€238,422 ▼ 2.3%
Debt's share of the balance-sheet total falls from 11.9% to 11.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94,226▲
2023 · €80,122
Cash flow
€68,895▲
2023 · €59,593
Current ratio
13.78▼
2023 · 14.17
Debt to equity
0.14▼
2023 · 0.15
ROE
2.3%▲
2023 · 1.4%
ROA
1.9%▲
2023 · 1.2%
Interest coverage
13.98▲
2023 · 12.55
Debt ≤ 1 year
€99,819▲
2023 · €95,381
Debt > 1 year
€138,603▼
2023 · €148,685
Income taxes
€22,532▲
2023 · €18,087
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 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €11,570 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,461 | €43,155 | €42,593 | €41,188 | €42,654 | €35,339 | €29,593 | ▼ 16.3% |
| Other operating charges640/8 | - | - | - | €2,580 | €2,947 | €2,748 | €2,849 | ▲ 3.7% |
| Non-recurring operating charges66A | - | - | - | €5,839 | - | - | - | - |
| Gross operating margin9900 | -€13,811 | €50,216 | €53,322 | €77,041 | €52,878 | €82,869 | €97,075 | ▲ 17.1% |
| Operating profit (loss)9901 | -€58,743 | €4,277 | €8,397 | €27,435 | €7,277 | €44,782 | €64,633 | ▲ 44.3% |
| Financial income75/76B | - | - | - | €2 | €12 | €0 | €1 | ▲ 64.5% |
| Recurring financial income75 | €11 | €1 | €3 | €2 | €12 | €0 | €1 | ▲ 64.5% |
| Financial charges65/66B | - | - | - | €10,932 | €7,628 | €6,382 | €6,740 | ▲ 5.6% |
| Recurring financial charges65 | €14,194 | €13,658 | €7,266 | €10,932 | €7,628 | €6,382 | €6,740 | ▲ 5.6% |
| Profit (loss) for the period before taxes9903 | -€72,926 | -€9,381 | €1,135 | €16,505 | -€338 | €38,400 | €57,894 | ▲ 50.8% |
| Transfer from deferred taxes780 | - | - | - | €3,940 | €3,940 | €3,940 | €3,940 | = |
| Income taxes67/77 | €315 | €485 | €95,688 | €10,526 | €9,713 | €18,087 | €22,532 | ▲ 24.6% |
| Profit (loss) for the period9904 | -€69,301 | -€5,926 | €2,664 | €9,919 | -€6,111 | €24,253 | €39,303 | ▲ 62.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €11,821 | €11,821 | €11,821 | €11,821 | = |
| Profit (loss) for the period to be appropriated9905 | -€57,480 | €5,895 | €294,315 | €21,740 | €5,710 | €36,074 | €51,123 | ▲ 41.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.3m | €2.2m | €2.2m | €2.2m | €2.1m | €2.0m | €2.1m | ▲ 1.5% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 0.8% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 0.8% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 2.9% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €316 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.04m | €0.03m | €0.02m | ▼ 32.2% |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.03m | - |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | €1.4m | €1.4m | ▲ 1.8% |
| Amounts receivable after more than one year29 | - | - | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Other amounts receivable291 | - | - | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.09m | €0.1m | €0.08m | €0.1m | €0.1m | ▲ 29.0% |
| Trade receivables40 | - | - | - | €0.03m | €0.008m | €0.02m | €0.02m | ▲ 14.4% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.07m | €0.09m | €0.1m | ▲ 32.5% |
| Cash at bank and in hand54/58 | €0.05m | €0.01m | €0.03m | €0.03m | €0.007m | €0.007m | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.003m | €0.003m | ▲ 7.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.3m | €2.2m | €2.2m | €2.2m | €2.1m | €2.0m | €2.1m | ▲ 1.5% |
| Equity10/15 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 2.3% |
| Contributions10/11 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Capital10 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Issued capital100 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 4.7% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Legal reserve130 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.2% |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 13.7% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 3.2% |
| Deferred taxes168 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 3.2% |
| Amounts payable17/49 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 2.3% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 6.8% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 6.8% |
| Amounts payable within one year42/48 | €0.08m | €0.07m | €0.1m | €0.2m | €0.09m | €0.1m | €0.1m | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 19.0% |
| Financial debts43 | - | - | - | €0.007m | €0.02m | €0.02m | €0.03m | ▲ 48.3% |
| Credit institutions430/8 | - | - | - | €0.007m | €0.02m | €0.02m | €0.03m | ▲ 48.3% |
| Trade debts44 | €0.02m | €0.01m | €0.005m | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 42.2% |
| Suppliers440/4 | - | - | - | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 42.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.009m | €0.01m | €0.01m | ▼ 25.2% |
| Taxes450/3 | - | - | - | €0.09m | €0.009m | €0.01m | €0.01m | ▼ 25.4% |
| Remuneration and social security454/9 | - | - | - | - | €110 | €110 | €110 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€69,301 | -€5,926 | €2,664 | €9,919 | -€6,111 | €24,253 | €39,303 | ▲ 62.1% |
| + Depreciation and write-downs630 | €36,461 | €43,155 | €42,593 | €41,188 | €42,654 | €35,339 | €29,593 | ▼ 16.3% |
| Operating cash flow (approximation) | -€32,840 | €37,229 | €45,256 | €51,107 | €36,543 | €59,593 | €68,895 | ▲ 15.6% |
| Investment in fixed assets (approximation) | - | -€40,219 | €0 | -€10,719 | -€3,490 | €0 | -€35,456 | - |
| Change in cash | - | -€36,136 | €14,895 | €7,200 | -€26,687 | €530 | - | - |
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 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 18-06-2025 | 2025-00155133 | |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00149793 | |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00148922 | |
| 31-12-2021 | abbreviated format | 23-08-2022 | 2022-20318575 | |
| 31-12-2020 | abbreviated format | 19-08-2021 | 2021-50600311 | |
| 31-12-2019 | abbreviated format | 29-06-2020 | 2020-23000369 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-31800177 | |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-39600512 | |
| 31-12-2016 | micro format | 26-07-2017 | 2017-37900442 | |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-37000055 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.