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D - CASE

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Private limited company (pre-2019)·Vervaardiging van houten emballage· 19 yrs active
Paddevijverstraat 67 ·8900 Ieper, Belgium
BE 0888.915.819
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified — this company's full, act-by-act verified dossier is still being assembled.

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Turnover
EBIT margin
Net result€376k+22.6%
Working capital€1.03M+117.8%
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 23-05-2025 with the NBB · fiscal year 2024 · verkort
€-500k€-250k€0€250k€500kOperating result 2020: €-271k€-271kNet result 2020: €-287k€-287kOperating result 2021: €279k€279kNet result 2021: €251k€251kOperating result 2022: €311k€311kNet result 2022: €247k€247kOperating result 2023: €472k€472kNet result 2023: €306k€306kOperating result 2024: €563k€563kNet result 2024: €376k€376k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
growing Equity: growth of ~28.4%/year over 7 fiscal years — indicative, assuming unchanged policy.
€0€1.00M€2.00M€3.00M2025: €1.40M (€1.18M – €1.61M)2026: €1.79M (€1.45M – €2.14M)2027: €2.30M (€1.83M – €2.77M)2018: €326k2019: €351k2020: €65k2021: €315k2022: €541k2023: €848k2024: €1.22M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€771k
+20.4% 18–24
Net profit
€376k
+22.6% 18–24
Cash flow
€584k
+22.7% 18–24
Total assets
€2.14M
+2.9% 18–24
Equity
€1.22M
+44.3% 18–24
Working capital
€1.03M
+117.8% 18–24
Employees (FTE)
17
-1.8% 18–24
Staff costs
€979k
-1.4% 18–24
Income taxes
€156k
+19.2% 18–24
Dividends
€0
-100.0% 18–24
Debt
€916k
-25.7% 18–24
Debt ≤ 1y
€373k
-54.0% 18–24
Debt > 1y
€542k
+29.2% 18–24
Current ratio
3.76
+137.7% 18–24
Quick ratio
1.82
+143.5% 18–24
Solvency
57.2%
+40.3% 18–24
Debt / equity
0.75
-48.5% 18–24
ROE
30.7%
-15.0% 18–24
ROA
17.6%
+19.2% 18–24
Interest coverage
21.51
+33.8% 18–24
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€771k
Net profit€376k
Cash flow€584k
Staff costs€979k
Income taxes€156k
Dividends
Total assets€2.14M
Equity€1.22M
Debt€916k
of which ≤ 1y€373k
of which > 1y€542k
Working capital€1.03M
Employees (FTE)16.6
Ratios (computed)
2024
Current ratio3.76
Quick ratio1.82
Working capital ratio48.2%
Solvency57.2%
Debt / equity0.75
Long-term debt ratio0.44
Interest coverage21.51
Gross margin
Net margin
ROA17.6%
ROE30.7%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€2.14M
Fixed assets 21/28€734k
Intangible fixed assets 21€18k
Tangible fixed assets 22/27€702k
Financial fixed assets 28€14k
Current assets 29/58€1.41M
Stocks & contracts in progress 3€726k
Amounts receivable within one year 40/41€394k
Investments 50/53€30k
Cash & bank 54/58€216k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.14M
Equity 10/15€1.22M
Contributions / capital 10/11€12k
Reserves 13€1.21M
Amounts payable 17/49€916k
Amounts payable after one year 17€542k
Amounts payable within one year 42/48€373k
Trade debts payable within one year 44€87k
Income statement
Gross operating margin 9900€1.77M
Operating result 9901€563k
Financial income 75€4k
Financial charges 65€36k
Result before taxes 9903€531k
Income taxes 67/77€156k
Net result for the period 9904€376k
Result to be appropriated 9905€207k
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 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.