Turnover—
EBIT margin—
Net result€4k
Working capital€-134k-19.6%
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 31-01-2025 with the NBB · fiscal year 2024 · verkort
€48k
+169.2%
18–23
€4k
—
18–23
€30k
+3251.5%
18–23
€563k
+16.5%
18–23
€15k
+37.1%
18–23
€-134k
-19.6%
18–23
10
-1.9%
18–23
€305k
+0.1%
18–23
€133
—
18–23
€547k
+16.0%
18–23
€522k
+10.7%
18–23
€25k
-37.4%
18–23
0.74
-2.5%
18–23
0.41
-13.9%
18–23
2.7%
+17.7%
18–23
35.47
-15.4%
18–23
27.1%
—
18–23
0.7%
—
18–23
2.61
+165.8%
18–23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €48k |
| Net profit | €4k |
| Cash flow | €30k |
| Staff costs | €305k |
| Income taxes | €133 |
| Dividends | — |
| Total assets | €563k |
| Equity | €15k |
| Debt | €547k |
| of which ≤ 1y | €522k |
| of which > 1y | €25k |
| Working capital | €-134k |
| Employees (FTE) | 10.3 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.74 |
| Quick ratio | 0.41 |
| Working capital ratio | -23.8% |
| Solvency | 2.7% |
| Debt / equity | 35.47 |
| Long-term debt ratio | 1.62 |
| Interest coverage | 2.61 |
| Gross margin | — |
| Net margin | — |
| ROA | 0.7% |
| ROE | 27.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €563k |
| Fixed assets | 21/28 | €174k |
| Tangible fixed assets | 22/27 | €169k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €389k |
| Stocks & contracts in progress | 3 | €176k |
| Amounts receivable within one year | 40/41 | €165k |
| Cash & bank | 54/58 | €45k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €563k |
| Equity | 10/15 | €15k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-3k |
| Amounts payable | 17/49 | €547k |
| Amounts payable after one year | 17 | €25k |
| Amounts payable within one year | 42/48 | €522k |
| Trade debts payable within one year | 44 | €297k |
| Income statement | ||
| Gross operating margin | 9900 | €380k |
| Operating result | 9901 | €22k |
| Financial income | 75 | €550 |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €133 |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.