CEDAR
InactiveFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 18-12-2024 PDF all 3 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€596,135
2023 · €3.7m
Working capital
€2.3m▲ 0.5%
2023 · €2.3m
Multi-year overview
2023 to 2024, 3 financial yearsOperating result
-€287
▲ 99.4%
2024
20232024
Net result
-€596,135
2024
20232024
Equity
€763.3m
▼ 0.1%
2024
20232024
Total assets
€790.6m
=
2024
20232024
Debt
€27.3m
▲ 1.6%
2024
20232024
Working capital
€2.3m
▲ 0.5%
2024
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320232024
Operating result-€0.05m--€287▲ 99.4%
Net result€3.7m--€0.6m
Equity€763.9m-€763.9m-€763.3m▼ 0.1%
Total assets€790.8m-€790.8m-€790.6m=
Debt€26.8m-€26.8m-€27.3m▲ 1.6%
Working capital€2.3m-€2.3m-€2.3m▲ 0.5%
The operating result for 2024 is a loss of €287, smaller than the loss of €48,308 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €790.6m
Fixed assets
€788.3m =
Current assets
€2.3m ▼ 6.9%
Equity and liabilities €790.6m
Equity
€763.3m ▼ 0.1%
Debt
€27.3m ▲ 1.6%
Debt's share of the balance-sheet total rises from 3.4% to 3.4%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.04▲
2023 · 0.04
ROE
-0.1%▼
2023 · 0.5%
ROA
-0.1%▼
2023 · 0.5%
Debt ≤ 1 year
€613▼
2023 · €183,259
Debt > 1 year
€26.7m=
2023 · €26.7m
Income taxes
€507▼
2023 · €170,990
A ratio outside any meaningful range has been withheld (balance sheet total €790.6m, equity €763.3m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | - | -€0.05m | -€287 | ▲ 99.4% |
| Operating profit (loss)9901 | - | -€0.05m | -€287 | ▲ 99.4% |
| Financial income75/76B | - | €4.4m | €0.01m | ▼ 99.7% |
| Recurring financial income75 | - | €4.4m | €0.01m | ▼ 99.7% |
| Financial charges65/66B | - | €0.4m | €0.6m | ▲ 37.6% |
| Recurring financial charges65 | - | €0.005m | €0.6m | ▲ 133× |
| Non-recurring financial charges66B | - | €0.4m | - | - |
| Profit (loss) for the period before taxes9903 | - | €3.9m | -€0.6m | - |
| Income taxes67/77 | - | €0.2m | €0.001m | ▼ 99.7% |
| Profit (loss) for the period9904 | - | €3.7m | -€0.6m | - |
| Profit (loss) for the period to be appropriated9905 | - | €3.7m | -€0.6m | - |
| Line | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €790.8m | €790.8m | €790.6m | = |
| Fixed assets21/28 | €788.3m | €788.3m | €788.3m | = |
| Financial fixed assets28 | €788.3m | €788.3m | €788.3m | = |
| Affiliated companies280/1 | €788.3m | - | - | - |
| Participating interests280 | €788.3m | - | - | - |
| Current assets29/58 | €2.5m | €2.5m | €2.3m | ▼ 6.9% |
| Amounts receivable within one year40/41 | €0.005m | - | €2.2m | - |
| Other amounts receivable41 | €0.005m | - | €2.2m | - |
| Current investments50/53 | €375 | €375 | €375 | = |
| Other investments51/53 | €375 | - | - | - |
| Cash at bank and in hand54/58 | €2.5m | €2.5m | €0.06m | ▼ 97.5% |
| Deferred charges and accrued income490/1 | - | - | €375 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €790.8m | €790.8m | €790.6m | = |
| Equity10/15 | €763.9m | €763.9m | €763.3m | ▼ 0.1% |
| Contributions10/11 | €74.2m | €74.2m | €74.2m | = |
| Capital10 | - | €74.2m | €74.2m | = |
| Issued capital100 | €74.2m | €74.2m | €74.2m | = |
| Contributions outside capital11 | €8 | €8 | €8 | = |
| Share premium1100/10 | €8 | €8 | €8 | = |
| Reserves13 | €7.4m | €7.4m | €7.4m | = |
| Non-distributable reserves130/1 | €7.4m | €7.4m | €7.4m | = |
| Legal reserve130 | €7.4m | €7.4m | €7.4m | = |
| Profit (loss) carried forward14 | €682.3m | €682.3m | €681.7m | ▼ 0.1% |
| Amounts payable17/49 | €26.8m | €26.8m | €27.3m | ▲ 1.6% |
| Amounts payable after more than one year17 | €26.7m | €26.7m | €26.7m | = |
| Financial debts170/4 | - | €26.7m | €26.7m | = |
| Other loans174 | €26.7m | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.001m | ▼ 99.7% |
| Trade debts44 | €0.01m | €0.02m | - | - |
| Suppliers440/4 | €0.01m | €0.02m | - | - |
| Taxes, remuneration and social security45 | €0.2m | €0.2m | €0.001m | ▼ 99.7% |
| Taxes450/3 | €0.2m | €0.2m | €0.001m | ▼ 99.7% |
| Other amounts payable47/48 | - | - | €106 | - |
| Accrued charges and deferred income492/3 | - | - | €0.6m | - |
| Line | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €3.7m | -€0.6m | - |
| Operating cash flow (approximation) | - | €3.7m | -€0.6m | - |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | - | -€2.4m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.