CERTACC
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 28-08-2024 was due by 28-03-2025 and was filed on 25-09-2024, 184 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
184 d early
2023
27 d early
2022
31 d early
2021
30 d early
2020
33 d early
2019
39 d early
2018
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€573,390▲ 4.0%
2018 · €551,226
EBIT margin
3.8%▼ 6.2pp
2018 · 10.0%
Net result
€490,163▲ 2,957%
2023 · €16,033
Working capital
€545,772▲ 920%
2023 · €53,526
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€70,657▲ 228%€22,887▼ 67.6%€34,309▲ 49.9%€34,689▲ 1.1%€653,253▲ 1,783%
Net result€48,526▲ 358%€10,950▼ 77.4%€18,109▲ 65.4%€16,033▼ 11.5%€490,163▲ 2,957%
EBIT margin
Equity€10,517▲ 21.2%€21,468▲ 104%€39,576▲ 84.4%€55,609▲ 40.5%€545,772▲ 881%
Total assets€208,508▲ 17.0%€146,196▼ 29.9%€164,642▲ 12.6%€837,849▲ 409%€565,772▼ 32.5%
Debt€197,991▲ 16.8%€124,728▼ 37.0%€125,065▲ 0.3%€782,240▲ 525%€20,000▼ 97.4%
Working capital€10,287▲ 92.6%€21,468▲ 109%€39,576▲ 84.4%€53,526▲ 35.2%€545,772▲ 920%
Staff (FTE)4.5▼ 10.0%3.6▼ 20.0%3.5▼ 2.8%3.5=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +2,957% on 2023. This fiscal year ran 8 months, the previous one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1,783% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €565,772
Equity
€545,772 ▲ 881%
Debt
€20,000 ▼ 97.4%
Debt's share of the balance-sheet total falls from 93.4% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
28.29▲
2023 · 1.07
Debt to equity
0.04▼
2023 · 14.07
ROE
89.8%▲
2023 · 28.8%
ROA
86.6%▲
2023 · 1.9%
Debt ≤ 1 year
€20,000▼
2023 · €782,240
Income taxes
€163,000▲
2023 · €18,066
Staff costs
€507▼
2023 · €376,286
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €671,387 | - |
| Remuneration, social security and pensions62 | - | €330,245 | €339,497 | €376,286 | €507 | ▼ 99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,108 | €231 | - | €169 | - | - |
| Other operating charges640/8 | - | €226 | €1,186 | €765 | €250 | ▼ 67.3% |
| Non-recurring operating charges66A | - | - | - | €8,968 | €6,967 | ▼ 22.3% |
| Gross operating margin9900 | €448,527 | €353,589 | €374,992 | €420,878 | €660,976 | ▲ 57.0% |
| Operating profit (loss)9901 | €70,657 | €22,887 | €34,309 | €34,689 | €653,253 | ▲ 1,783% |
| Financial income75/76B | - | - | €38 | €1,345 | €0 | ▼ 100.0% |
| Recurring financial income75 | €124 | - | €38 | €932 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | €413 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €1,607 | €1,104 | €1,936 | €90 | ▼ 95.4% |
| Recurring financial charges65 | €698 | €1,607 | €1,104 | €1,936 | €90 | ▼ 95.4% |
| Profit (loss) for the period before taxes9903 | €70,083 | €21,281 | €33,242 | €34,098 | €653,163 | ▲ 1,816% |
| Income taxes67/77 | €21,557 | €10,330 | €15,133 | €18,066 | €163,000 | ▲ 802% |
| Profit (loss) for the period9904 | €48,526 | €10,950 | €18,109 | €16,033 | €490,163 | ▲ 2,957% |
| Profit (loss) for the period to be appropriated9905 | €48,526 | €10,950 | €18,109 | €16,033 | €490,163 | ▲ 2,957% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208,508 | €146,196 | €164,642 | €837,849 | €565,772 | ▼ 32.5% |
| Fixed assets21/28 | €231 | - | - | €2,083 | - | - |
| Intangible fixed assets21 | €231 | - | - | - | - | - |
| Tangible fixed assets22/27 | - | - | - | €2,083 | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,083 | - | - |
| Current assets29/58 | €208,277 | €146,196 | €164,642 | €835,766 | €565,772 | ▼ 32.3% |
| Amounts receivable within one year40/41 | €69,333 | €68,389 | €72,979 | €685,611 | €563,907 | ▼ 17.8% |
| Trade receivables40 | - | €68,389 | €72,979 | €16,926 | €78 | ▼ 99.5% |
| Other amounts receivable41 | - | - | - | €668,686 | €563,830 | ▼ 15.7% |
| Cash at bank and in hand54/58 | €136,513 | €74,986 | €88,519 | €148,506 | €1,865 | ▼ 98.7% |
| Deferred charges and accrued income490/1 | - | €2,822 | €3,143 | €1,649 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208,508 | €146,196 | €164,642 | €837,849 | €565,772 | ▼ 32.5% |
| Equity10/15 | €10,517 | €21,468 | €39,576 | €55,609 | €545,772 | ▲ 881% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €2,457 | €13,408 | €31,516 | €47,549 | €537,712 | ▲ 1,031% |
| Amounts payable17/49 | €197,991 | €124,728 | €125,065 | €782,240 | €20,000 | ▼ 97.4% |
| Amounts payable within one year42/48 | €197,991 | €124,728 | €125,065 | €782,240 | €20,000 | ▼ 97.4% |
| Trade debts44 | €41,830 | €28,712 | €26,791 | €79,207 | - | - |
| Suppliers440/4 | - | €28,712 | €26,791 | €79,207 | - | - |
| Advances received on contracts in progress46 | - | - | - | €604,500 | - | - |
| Taxes, remuneration and social security45 | - | €96,016 | €98,274 | €98,533 | €20,000 | ▼ 79.7% |
| Taxes450/3 | - | €49,894 | €47,410 | €57,259 | €20,000 | ▼ 65.1% |
| Remuneration and social security454/9 | - | €46,122 | €50,864 | €41,274 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,526 | €10,950 | €18,109 | €16,033 | €490,163 | ▲ 2,957% |
| + Depreciation and write-downs630 | €3,108 | €231 | - | €169 | - | - |
| Operating cash flow (approximation) | €51,634 | €11,181 | €18,109 | €16,201 | €490,163 | ▲ 2,925% |
| Change in cash | - | -€61,527 | €13,534 | €59,987 | -€146,641 | ▼ 344% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
28-08
Financial
Highest result since 2018net €490,163 ▲2,957%
Operating result €653,253, net result €490,163, both a record.
28-08
Financial
Liquidity times 26current ratio 28.29
Current ratio from 1.07 to 28.29; short-term debt falls from €782,240 to €20,000.
28-08
Financial
Equity above €500,000Eq €545,772 ▲881%
7 profitable years in a row build equity to €545,772.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €10,602 ▼68.9%
Net result drops to €10,602, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2012
15-06
State Gazette act
Board meeting · Power of attorney
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerOwners 1
-
33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.