DATA-RECO
InactiveFinancials · financial year 2024, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€15,531▲ 26.4%
2023 · -€21,109
Working capital
-€14,720▼ 130%
2023 · -€6,389
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result stays negative: a loss of €15,188 in 2024 against €20,826 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€15,188
2024
Net result-€15,531
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1,282
2024
Equity-€14,720
2024
Debt€16,002
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€14,720
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result-€63,728--€27,820▲ 56.3%-€21,100▲ 24.2%-€15,147▲ 28.2%-€20,826▼ 37.5%-€15,188▲ 27.1%
Net result-€63,804--€27,849▲ 56.4%-€21,215▲ 23.8%-€15,212▲ 28.3%-€21,109▼ 38.8%-€15,531▲ 26.4%
Equity€86,196-€58,347▼ 32.3%€37,132▼ 36.4%€21,920▼ 41.0%€811▼ 96.3%-€14,720
Total assets€86,727-€62,900▼ 27.5%€40,687▼ 35.3%€28,455▼ 30.1%€8,609▼ 69.7%€1,282▼ 85.1%
Debt€532-€4,554▲ 756%€3,555▼ 21.9%€6,535▲ 83.8%€7,798▲ 19.3%€16,002▲ 105%
Working capital€21,396-€7,947▼ 62.9%€1,132▼ 85.8%€320▼ 71.7%-€6,389-€14,720▼ 130%
Key figures and ratios
EBITDA
-€7,988▼
2023 · -€6,426
Cash flow
-€8,331▼
2023 · -€6,709
Interest coverage
-23.30▼
2023 · -22.16
Debt ≤ 1 year
€16,002▲
2023 · €7,798
Ratios withheld: a balance sheet total of €1,282 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,656 | €14,400 | €14,400 | €14,400 | €14,400 | €7,200 | ▼ 50.0% |
| Other operating charges640/8 | - | - | €528 | €568 | €604 | €220 | ▼ 63.6% |
| Gross operating margin9900 | -€53,378 | -€12,852 | -€6,173 | -€179 | -€5,822 | -€7,768 | ▼ 33.4% |
| Operating profit (loss)9901 | -€63,728 | -€27,820 | -€21,100 | -€15,147 | -€20,826 | -€15,188 | ▲ 27.1% |
| Financial income75/76B | - | - | - | - | €7 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | - | €7 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €115 | €65 | €290 | €343 | ▲ 18.2% |
| Recurring financial charges65 | €76 | €29 | €115 | €65 | €290 | €343 | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | -€63,804 | -€27,849 | -€21,215 | -€15,212 | -€21,109 | -€15,531 | ▲ 26.4% |
| Profit (loss) for the period9904 | -€63,804 | -€27,849 | -€21,215 | -€15,212 | -€21,109 | -€15,531 | ▲ 26.4% |
| Profit (loss) for the period to be appropriated9905 | -€63,804 | -€27,849 | -€21,215 | -€15,212 | -€21,109 | -€15,531 | ▲ 26.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €86,727 | €62,900 | €40,687 | €28,455 | €8,609 | €1,282 | ▼ 85.1% |
| Fixed assets21/28 | €64,800 | €50,400 | €36,000 | €21,600 | €7,200 | €0 | ▼ 100% |
| Intangible fixed assets21 | €64,800 | €50,400 | €36,000 | €21,600 | €7,200 | €0 | ▼ 100% |
| Current assets29/58 | €21,927 | €12,500 | €4,687 | €6,855 | €1,409 | €1,282 | ▼ 9.0% |
| Amounts receivable within one year40/41 | €274 | €1,892 | €3,479 | €676 | €842 | €1,282 | ▲ 52.3% |
| Trade receivables40 | - | - | - | €676 | €92 | €134 | ▲ 45.6% |
| Other amounts receivable41 | - | - | €3,479 | €0 | €750 | €1,148 | ▲ 53.2% |
| Cash at bank and in hand54/58 | €21,653 | €10,608 | €1,207 | €6,179 | €567 | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €86,727 | €62,900 | €40,687 | €28,455 | €8,609 | €1,282 | ▼ 85.1% |
| Equity10/15 | €86,196 | €58,347 | €37,132 | €21,920 | €811 | -€14,720 | - |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Issued capital100 | - | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | -€63,804 | -€91,653 | -€112,868 | -€128,080 | -€149,189 | -€164,720 | ▼ 10.4% |
| Amounts payable17/49 | €532 | €4,554 | €3,555 | €6,535 | €7,798 | €16,002 | ▲ 105% |
| Amounts payable within one year42/48 | €532 | €4,554 | €3,555 | €6,535 | €7,798 | €16,002 | ▲ 105% |
| Trade debts44 | €181 | €4,203 | €3,204 | €1,427 | €1,711 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €3,204 | €1,427 | €1,711 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €699 | €0 | - | - |
| Taxes450/3 | - | - | - | €699 | €0 | - | - |
| Other amounts payable47/48 | - | - | €351 | €4,409 | €6,086 | €16,002 | ▲ 163% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€63,804 | -€27,849 | -€21,215 | -€15,212 | -€21,109 | -€15,531 | ▲ 26.4% |
| + Depreciation and write-downs630 | €9,656 | €14,400 | €14,400 | €14,400 | €14,400 | €7,200 | ▼ 50.0% |
| Operating cash flow (approximation) | -€54,149 | -€13,449 | -€6,815 | -€812 | -€6,709 | -€8,331 | ▼ 24.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€11,045 | -€9,401 | €4,972 | -€5,613 | -€567 | ▲ 89.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 27-09-2024 | full format | 06-11-2024 | 2024-00530394 |
| 31-12-2023 | full format | 30-07-2024 | 2024-00303008 |
| 31-12-2022 | full format | 25-08-2023 | 2023-00352606 |
| 31-12-2021 | full format | 10-08-2022 | 2022-20280043 |
| 31-12-2020 | full format | 28-10-2021 | 2021-74200554 |
| 31-12-2019 | full format | 25-09-2020 | 2020-56200366 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.