CEMINEX
Annual accounts 2024
micro format, filed on 25-06-2025, 36 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €58,000 and €300,000.
Balance sheet
balance sheet total €48,610 on 31-12-2024Change in equityin euro
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
48,610 | 50,157 | |
Formation expenses20 |
- | 371 | |
Fixed assets21/28 |
16,324 | 20,703 | |
Tangible fixed assets22/27 |
16,324 | 20,703 | |
Furniture and vehicles24 |
16,324 | 20,703 | |
Current assets29/58 |
32,286 | 29,082 | |
Amounts receivable within one year40/41 |
14,170 | 13,126 | |
Trade receivables40 |
1,071 | 10,885 | |
Other amounts receivable41 |
13,099 | 2,241 | |
Cash at bank and in hand54/58 |
18,116 | 15,956 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
48,610 | 50,157 | |
Equity10/15 |
44,870 | 37,152 | |
Contributions10/11 |
2,500 | 2,500 | |
Reserves13 |
37,727 | 30,909 | |
Distributable reserves133 |
37,727 | 30,909 | |
Profit (loss) carried forward14 |
4,643 | 3,743 | |
Amounts payable17/49 |
3,740 | 13,005 | |
Amounts payable within one year42/48 |
3,740 | 13,005 | |
Trade debts44 |
- | 70 | |
Suppliers440/4 |
- | 70 | |
Taxes, remuneration and social security45 |
3,740 | 12,935 | |
Taxes450/3 |
3,740 | 12,935 | |
| Income statement | |||
Gross operating margin9900 |
16,513 | 49,919 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
4,750 | 1,933 | |
Other operating charges640/8 |
183 | 300 | |
Operating profit (loss)9901 |
11,581 | 47,686 | |
Financial income75/76B |
10 | - | |
Recurring financial income75 |
10 | - | |
Financial charges65/66B |
132 | 99 | |
Recurring financial charges65 |
132 | 99 | |
Profit (loss) for the period before taxes9903 |
11,459 | 47,587 | |
Income taxes67/77 |
3,740 | 12,935 | |
Profit (loss) for the period9904 |
7,718 | 34,652 | |
Profit (loss) for the period to be appropriated9905 |
7,718 | 34,652 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
11,461 | 34,652 | |
Profit (loss) brought forward from the previous period14P |
3,743 | - | |
Transfer to equity691/2 |
6,818 | 30,909 | |
To other reserves6921 |
6,818 | 30,909 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 25-06-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| EBITDA | 16,331 | 49,619 | |
| Cash flow | 12,468 | 36,585 | |
| Investment in fixed assets (approximation) | 371 | 21,894 | |
| Change in cash | 2,159 | - | |
| Working capital | 28,546 | 16,077 | |
| Solvency | 92.3% | 74.1% | |
| Current ratio | 8.63 | 2.24 | |
| Debt to equity | 0.08 | 0.35 | |
| ROE | 17.2% | 93.3% | |
| ROA | 15.9% | 69.1% | |
| Interest coverage | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €21,894 |
| Depreciation and write-downs of the year | €4,750 | €1,933 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on CEMINEX
The operating result for 2024 is 76% lower than in 2023.
Debt's share of the balance-sheet total falls from 25.9% to 7.7%. Equity is higher and debt is lower.