DLN BINDING
InactiveFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 13-05-2025 PDF all 31 filings
Turnover
≈ €860,000
Estimated: probably between €600,000 and €1.2m
Total assets
€8,520▲ 342%
2023 · €1,928
Net result
€422,656
2023 · -€19,591
Working capital
-€7,330▲ 98.3%
2023 · -€429,985
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is a profit of €427,076, after a loss of €18,435 in 2023. It is the highest result since 2020.
Operating result€0.4m
2024
Net result€0.4m
2024
Total assets€0.009m
2024
Equity-€0.007m
2024
Debt€0.02m
2024
Working capital-€0.007m
2024
Staff (FTE)0
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
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€0.3m-€0.5m▲ 54.6%€0.3m▼ 48.5%-€0.04m€0.003m-€0.02m€0.4m
Net result€0.3m-€0.5m▲ 58.7%€0.2m▼ 59.4%-€0.06m€0.002m-€0.02m€0.4m
Equity-€1.0m--€0.6m▲ 47.2%-€0.4m▲ 36.3%-€0.4m▼ 17.2%-€0.4m▲ 0.4%-€0.4m▼ 4.8%-€0.007m▲ 98.3%
Total assets€0.8m-€0.2m▼ 71.6%€0.6m▲ 145%€0.02m▼ 95.7%€0.02m▼ 17.7%€0.002m▼ 90.2%€0.009m▲ 342%
Debt€1.8m-€0.8m▼ 57.8%€0.9m▲ 16.5%€0.4m▼ 51.9%€0.4m▼ 1.3%€0.4m▲ 0.4%€0.02m▼ 96.3%
Working capital-€1.0m--€0.5m▲ 46.6%-€0.4m▲ 33.8%-€0.4m▼ 17.2%-€0.4m▲ 0.4%-€0.4m▼ 4.8%-€0.007m▲ 98.3%
Staff (FTE)11.5-1.7▼ 85.2%0
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-86.0%
Current ratio
0.54
Debt ≤ 1 year
€15,850▼
2023 · €431,914
A ratio outside any meaningful range has been withheld (balance sheet total €8,520, equity -€7,330).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €313,801 | - |
| Remuneration, social security and pensions62 | - | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €664 | €529 | €529 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €3,849 | €12,589 | €493 | €555 | ▲ 12.5% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - |
| Gross operating margin9900 | €664,782 | €623,227 | €561,370 | -€37,306 | €15,304 | -€17,942 | €427,631 | - |
| Operating profit (loss)9901 | €329,525 | €509,560 | €262,482 | -€41,155 | €2,716 | -€18,435 | €427,076 | - |
| Financial income75/76B | - | - | - | €3,144 | €0 | - | - | - |
| Recurring financial income75 | €3,761 | €1,430 | €3,739 | €3,144 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €22,392 | €1,177 | €1,156 | €4,421 | ▲ 282% |
| Recurring financial charges65 | €22,632 | €18,112 | €66,306 | €22,392 | €1,177 | €1,156 | €4,421 | ▲ 282% |
| Profit (loss) for the period before taxes9903 | €310,654 | €492,878 | €199,915 | -€60,403 | €1,539 | -€19,591 | €422,656 | - |
| Income taxes67/77 | €54 | €46 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €310,600 | €492,832 | €199,915 | -€60,403 | €1,539 | -€19,591 | €422,656 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €311,866 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €311,866 | - |
| Profit (loss) for the period to be appropriated9905 | €310,600 | €492,832 | €199,915 | -€60,403 | €1,539 | -€19,591 | €422,656 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.2m | €0.6m | €0.02m | €0.02m | €0.002m | €0.009m | ▲ 342% |
| Fixed assets21/28 | €0.001m | €0.001m | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.001m | €0.001m | €0 | - | - | - | - | - |
| Current assets29/58 | €0.8m | €0.2m | €0.6m | €0.02m | €0.02m | €0.002m | €0.009m | ▲ 342% |
| Amounts receivable within one year40/41 | €0.8m | €0.2m | €0.5m | €0.002m | €0 | €274 | €0.004m | ▲ 15× |
| Trade receivables40 | - | - | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.002m | €0 | €274 | €0.004m | ▲ 15× |
| Cash at bank and in hand54/58 | €133 | €39 | €0.001m | €0.02m | €0.02m | €0.002m | €0.004m | ▲ 160% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.2m | €0.6m | €0.02m | €0.02m | €0.002m | €0.009m | ▲ 342% |
| Equity10/15 | -€1.0m | -€0.6m | -€0.4m | -€0.4m | -€0.4m | -€0.4m | -€0.007m | ▲ 98.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.3m | ▲ 203× |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | - | - | €0.3m | - |
| Profit (loss) carried forward14 | -€1.1m | -€0.6m | -€0.4m | -€0.4m | -€0.4m | -€0.5m | -€0.3m | ▲ 24.5% |
| Amounts payable17/49 | €1.8m | €0.8m | €0.9m | €0.4m | €0.4m | €0.4m | €0.02m | ▼ 96.3% |
| Amounts payable after more than one year17 | €0.05m | €0.02m | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.8m | €0.8m | €0.9m | €0.4m | €0.4m | €0.4m | €0.02m | ▼ 96.3% |
| Trade debts44 | €1.3m | €0.3m | €0.6m | €0.08m | €0.001m | €0.001m | €0.006m | ▲ 795% |
| Suppliers440/4 | - | - | - | €0.08m | €0.001m | €0.001m | €0.006m | ▲ 795% |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.3m | €0.005m | ▼ 98.4% |
| Taxes450/3 | - | - | - | €0.006m | €0.009m | €0.006m | €0.005m | ▼ 15.2% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.3m | €0.3m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.1m | €0.1m | €0.004m | ▼ 96.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €310,600 | €492,832 | €199,915 | -€60,403 | €1,539 | -€19,591 | €422,656 | - |
| + Depreciation and write-downs630 | €664 | €529 | €529 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €311,264 | €493,361 | €200,444 | -€60,403 | €1,539 | -€19,591 | €422,656 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - |
| Change in cash | - | -€94 | €581 | €18,006 | €1,109 | -€18,081 | €2,645 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 13-05-2025 | 2025-00093696 | |
| 31-12-2023 | abbreviated format | 13-06-2024 | 2024-00126562 | |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00122070 | |
| 31-12-2021 | abbreviated format | 19-07-2022 | 2022-20215342 | |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-40000440 | |
| 31-12-2019 | abbreviated format | 05-11-2020 | 2020-68600523 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55400263 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-51700217 | |
| 31-12-2016 | abbreviated format | 04-07-2017 | 2017-25700431 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-56900198 |