DE ZOUTER CONSTRUCT
InactiveFinancials · financial year 2024, abbreviated format
2024 annual accounts filed late (17 days) Filed on 30 January 2025, deadline 13 January 2025 (7 months after the close on 13 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00025247.
Equity
€196,283▲ 18.2%
2023 · €166,105
Total assets
€611,095▲ 6.4%
2023 · €574,261
Net result
€30,178▲ 235%
2023 · €9,007
Working capital
€321,354▲ 8.6%
2023 · €295,908
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is over 3.2 times 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€41,534
2024
Net result€30,178
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€611,095
2024
Equity€196,283
2024
Debt€414,813
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€321,354
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
Line2018201920202021202220232024
Operating result€37,679-€86,182▲ 129%€71,029▼ 17.6%€34,277▼ 51.7%€39,916▲ 16.5%€12,836▼ 67.8%€41,534▲ 224%
Net result€36,164-€70,406▲ 94.7%€60,588▼ 13.9%€29,601▼ 51.1%€33,069▲ 11.7%€9,007▼ 72.8%€30,178▲ 235%
Equity€110,434-€141,840▲ 28.4%€163,428▲ 15.2%€164,029▲ 0.4%€167,098▲ 1.9%€166,105▼ 0.6%€196,283▲ 18.2%
Total assets€504,449-€554,168▲ 9.9%€603,519▲ 8.9%€585,768▼ 2.9%€588,026▲ 0.4%€574,261▼ 2.3%€611,095▲ 6.4%
Debt€394,014-€412,327▲ 4.6%€440,091▲ 6.7%€421,739▼ 4.2%€420,928▼ 0.2%€408,156▼ 3.0%€414,813▲ 1.6%
Working capital€95,421-€266,904▲ 180%€310,251▲ 16.2%€296,260▼ 4.5%€307,075▲ 3.7%€295,908▼ 3.6%€321,354▲ 8.6%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €611,095
Fixed assets
€259,737 ▼ 0.1%
Current assets
€351,358 ▲ 11.8%
Equity and liabilities €611,095
Equity
€196,283 ▲ 18.2%
Debt
€414,813 ▲ 1.6%
Debt's share of the balance-sheet total falls from 71.1% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,723▲
2023 · €13,592
Cash flow
€30,367▲
2023 · €9,763
Current ratio
11.71▼
2023 · 17.06
Debt to equity
2.11▼
2023 · 2.46
ROE
15.4%▲
2023 · 5.4%
ROA
4.9%▲
2023 · 1.6%
Interest coverage
44.65▲
2023 · 3.55
Debt ≤ 1 year
€30,004▲
2023 · €18,427
Debt > 1 year
€384,808▼
2023 · €389,729
Income taxes
€10,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,750 | - | - | €142 | €457 | €756 | €189 | ▼ 75.0% |
| Other operating charges640/8 | - | - | - | €996 | €540 | €661 | €672 | ▲ 1.6% |
| Gross operating margin9900 | €63,882 | €86,799 | €71,676 | €35,415 | €40,913 | €14,253 | €42,394 | ▲ 197% |
| Operating profit (loss)9901 | €37,679 | €86,182 | €71,029 | €34,277 | €39,916 | €12,836 | €41,534 | ▲ 224% |
| Financial income75/76B | - | - | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €4,513 | €6,014 | €3,829 | €934 | ▼ 75.6% |
| Recurring financial charges65 | €635 | €4,771 | €4,581 | €4,513 | €6,014 | €3,829 | €934 | ▼ 75.6% |
| Profit (loss) for the period before taxes9903 | €37,044 | €81,411 | €66,448 | €29,764 | €33,902 | €9,007 | €40,599 | ▲ 351% |
| Income taxes67/77 | €881 | €11,005 | €5,860 | €163 | €833 | - | €10,421 | - |
| Profit (loss) for the period9904 | €36,164 | €70,406 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| Profit (loss) for the period to be appropriated9905 | €36,164 | €78,531 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €504,449 | €554,168 | €603,519 | €585,768 | €588,026 | €574,261 | €611,095 | ▲ 6.4% |
| Fixed assets21/28 | €257,500 | €257,500 | €257,500 | €258,661 | €260,682 | €259,926 | €259,737 | ▼ 0.1% |
| Tangible fixed assets22/27 | €257,500 | €257,500 | €257,500 | €258,661 | €260,682 | €259,926 | €259,737 | ▼ 0.1% |
| Land and buildings22 | - | - | - | €257,500 | €257,500 | €257,500 | €257,500 | = |
| Plant, machinery and equipment23 | - | - | - | €1,161 | €900 | €640 | €574 | ▼ 10.2% |
| Furniture and vehicles24 | - | - | - | - | €2,282 | €1,786 | €1,662 | ▼ 6.9% |
| Current assets29/58 | €246,949 | €296,668 | €346,019 | €327,108 | €327,344 | €314,335 | €351,358 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €245,531 | €294,678 | €344,480 | €326,915 | €326,816 | €313,668 | €350,187 | ▲ 11.6% |
| Other amounts receivable41 | - | - | - | €326,915 | €326,816 | €313,668 | €350,187 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €1,417 | €1,989 | €1,539 | €193 | €528 | €667 | €1,171 | ▲ 75.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €504,449 | €554,168 | €603,519 | €585,768 | €588,026 | €574,261 | €611,095 | ▲ 6.4% |
| Equity10/15 | €110,434 | €141,840 | €163,428 | €164,029 | €167,098 | €166,105 | €196,283 | ▲ 18.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €91,834 | €123,240 | €144,828 | €145,429 | €148,498 | €147,505 | €177,683 | ▲ 20.5% |
| 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 | = |
| Distributable reserves133 | - | - | - | €143,569 | €146,638 | €145,645 | €175,823 | ▲ 20.7% |
| Amounts payable17/49 | €394,014 | €412,327 | €440,091 | €421,739 | €420,928 | €408,156 | €414,813 | ▲ 1.6% |
| Amounts payable after more than one year17 | €242,487 | €382,564 | €404,323 | €390,892 | €400,659 | €389,729 | €384,808 | ▼ 1.3% |
| Financial debts170/4 | - | - | - | €390,892 | €400,659 | €389,729 | €384,808 | ▼ 1.3% |
| Amounts payable within one year42/48 | €151,527 | €29,764 | €35,768 | €30,847 | €20,270 | €18,427 | €30,004 | ▲ 62.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,731 | €16,028 | €16,330 | €16,406 | ▲ 0.5% |
| Trade debts44 | €500 | €2,574 | €3,463 | €6,324 | €2,886 | €1,264 | €3,177 | ▲ 151% |
| Suppliers440/4 | - | - | - | €6,324 | €2,886 | €1,264 | €3,177 | ▲ 151% |
| Taxes, remuneration and social security45 | - | - | - | €8,792 | €1,356 | €833 | €10,421 | ▲ 13× |
| Taxes450/3 | - | - | - | €8,792 | €1,356 | €833 | €10,421 | ▲ 13× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,164 | €70,406 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| + Depreciation and write-downs630 | €25,750 | - | - | €142 | €457 | €756 | €189 | ▼ 75.0% |
| Operating cash flow (approximation) | €61,914 | €70,406 | €60,588 | €29,743 | €33,526 | €9,763 | €30,367 | ▲ 211% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,303 | -€2,479 | €0 | €0 | - |
| Change in cash | - | €572 | -€450 | -€1,346 | €335 | €139 | €504 | ▲ 262% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 13-06-2024 | abbreviated format | 30-01-2025 | 2025-00025247 |
| 31-12-2023 | abbreviated format | 12-03-2024 | 2024-00042984 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00415757 |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20333191 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-43700273 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47600025 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60100264 |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41100152 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57000433 |
| 31-12-2015 | abbreviated format | 02-11-2016 | 2016-67300092 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.