EASIX
InactiveFinancials · financial year 2023, micro format, 2024 accounts filed, figures not processed yet
2024 annual accounts filed late (27 days) Filed on 27 May 2025, deadline 30 April 2025 (7 months after the close on 30 September 2024, Companies Code art. 3:10). Source: NBB, 2025-00114487.
Turnover
≈ €480,000
Estimated: probably between €320,000 and €740,000
Total assets
€606,656▼ 20.6%
2022 · €763,814
Net result
-€99,584
2022 · €54,351
Working capital
€432,901▼ 2.5%
2022 · €444,180
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result turns negative in 2023: a loss of €98,936 after €66,663 in 2022, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€98,936
2023
Net result-€99,584
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€606,656
2023
Equity€505,034
2023
Debt€101,622
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€432,901
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)2.8
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€2,301--€4,305▼ 87.1%€162,776€131,699▼ 19.1%€66,663▼ 49.4%-€98,936
Net result-€9,165--€5,739▲ 37.4%€160,935€130,193▼ 19.1%€54,351▼ 58.3%-€99,584
Equity€264,878-€259,139▼ 2.2%€420,073▲ 62.1%€550,266▲ 31.0%€604,618▲ 9.9%€505,034▼ 16.5%
Total assets€586,497-€543,805▼ 7.3%€711,993▲ 30.9%€688,249▼ 3.3%€763,814▲ 11.0%€606,656▼ 20.6%
Debt€321,619-€284,666▼ 11.5%€291,920▲ 2.5%€137,983▼ 52.7%€159,196▲ 15.4%€101,622▼ 36.2%
Working capital-€54,925--€34,364▲ 37.4%€33,646€283,200▲ 742%€444,180▲ 56.8%€432,901▼ 2.5%
Staff (FTE)3-3=2.8▼ 6.7%2.8=2.8=2.8=
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €606,656
Fixed assets
€72,133 ▼ 55.0%
Current assets
€534,523 ▼ 11.4%
Equity and liabilities €606,656
Equity
€505,034 ▼ 16.5%
Debt
€101,622 ▼ 36.2%
Debt's share of the balance-sheet total falls from 20.8% to 16.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€10,632▼
2022 · €196,658
Cash flow
-€11,280▼
2022 · €184,346
Current ratio
5.26▲
2022 · 3.79
Debt to equity
0.20▼
2022 · 0.26
ROE
-19.7%▼
2022 · 9.0%
ROA
-16.4%▼
2022 · 7.1%
Interest coverage
-26.49▼
2022 · over 100
Debt ≤ 1 year
€101,622▼
2022 · €159,196
Income taxes
€493▼
2022 · €11,527
Staff costs
€202,250▲
2022 · €183,895
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 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €179,455 | €183,895 | €202,250 | ▲ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211,851 | €249,860 | €191,874 | €149,631 | €129,995 | €88,304 | ▼ 32.1% |
| Other operating charges640/8 | - | - | - | €749 | €734 | €795 | ▲ 8.4% |
| Non-recurring operating charges66A | - | - | - | €1,508 | €0 | - | - |
| Gross operating margin9900 | €361,082 | €417,378 | €548,529 | €463,042 | €381,286 | €192,413 | ▼ 49.5% |
| Operating profit (loss)9901 | -€2,301 | -€4,305 | €162,776 | €131,699 | €66,663 | -€98,936 | - |
| Financial income75/76B | - | - | - | €0 | €9 | €246 | ▲ 27× |
| Recurring financial income75 | - | €582 | €2 | €0 | €9 | €246 | ▲ 27× |
| Financial charges65/66B | - | - | - | €1,068 | €793 | €401 | ▼ 49.4% |
| Recurring financial charges65 | €6,434 | €1,774 | €1,408 | €1,068 | €793 | €401 | ▼ 49.4% |
| Profit (loss) for the period before taxes9903 | -€8,735 | -€5,497 | €161,370 | €130,632 | €65,878 | -€99,091 | - |
| Income taxes67/77 | €430 | €242 | €436 | €439 | €11,527 | €493 | ▼ 95.7% |
| Profit (loss) for the period9904 | -€9,165 | -€5,739 | €160,935 | €130,193 | €54,351 | -€99,584 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,165 | -€5,739 | €160,935 | €130,193 | €54,351 | -€99,584 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €586,497 | €543,805 | €711,993 | €688,249 | €763,814 | €606,656 | ▼ 20.6% |
| Formation expenses20 | €3,827 | €1,133 | €0 | - | - | - | - |
| Fixed assets21/28 | €436,754 | €381,403 | €443,381 | €291,602 | €160,437 | €72,133 | ▼ 55.0% |
| Intangible fixed assets21 | €422,474 | €371,875 | €434,640 | €287,967 | €160,113 | €72,133 | ▼ 54.9% |
| Tangible fixed assets22/27 | €13,110 | €8,358 | €7,570 | €2,465 | €324 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €2,465 | €324 | €0 | ▼ 100% |
| Financial fixed assets28 | €1,170 | €1,170 | €1,170 | €1,170 | €0 | - | - |
| Current assets29/58 | €145,916 | €161,269 | €268,612 | €396,647 | €603,377 | €534,523 | ▼ 11.4% |
| Amounts receivable within one year40/41 | €117,500 | €131,427 | €169,177 | €184,197 | €241,336 | €87,121 | ▼ 63.9% |
| Trade receivables40 | - | - | - | €184,197 | €222,428 | €87,121 | ▼ 60.8% |
| Other amounts receivable41 | - | - | - | - | €18,908 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €19,593 | €13,989 | €90,383 | €203,925 | €353,850 | €439,028 | ▲ 24.1% |
| Deferred charges and accrued income490/1 | - | - | - | €8,525 | €8,191 | €8,374 | ▲ 2.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €586,497 | €543,805 | €711,993 | €688,249 | €763,814 | €606,656 | ▼ 20.6% |
| Equity10/15 | €264,878 | €259,139 | €420,073 | €550,266 | €604,618 | €505,034 | ▼ 16.5% |
| Contributions10/11 | €528,000 | €528,000 | - | €528,000 | €528,000 | €528,000 | = |
| Reserves13 | - | - | - | - | €54,351 | €54,351 | = |
| Distributable reserves133 | - | - | - | - | €54,351 | €54,351 | = |
| Profit (loss) carried forward14 | -€263,122 | -€268,861 | -€107,927 | €22,266 | €22,266 | -€77,317 | - |
| Amounts payable17/49 | €321,619 | €284,666 | €291,920 | €137,983 | €159,196 | €101,622 | ▼ 36.2% |
| Amounts payable after more than one year17 | €120,778 | €89,033 | €56,953 | €24,536 | €0 | - | - |
| Financial debts170/4 | - | - | - | €24,536 | €0 | - | - |
| Amounts payable within one year42/48 | €200,842 | €195,633 | €234,967 | €113,447 | €159,196 | €101,622 | ▼ 36.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €32,417 | €24,536 | €0 | ▼ 100% |
| Trade debts44 | €47,929 | €51,526 | €55,971 | €18,762 | €85,576 | €65,179 | ▼ 23.8% |
| Suppliers440/4 | - | - | - | €18,762 | €85,576 | €65,179 | ▼ 23.8% |
| Taxes, remuneration and social security45 | - | - | - | €61,808 | €48,840 | €36,443 | ▼ 25.4% |
| Taxes450/3 | - | - | - | €30,868 | €27,619 | €13,091 | ▼ 52.6% |
| Remuneration and social security454/9 | - | - | - | €30,941 | €21,220 | €23,351 | ▲ 10.0% |
| Other amounts payable47/48 | - | - | - | €459 | €245 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,165 | -€5,739 | €160,935 | €130,193 | €54,351 | -€99,584 | - |
| + Depreciation and write-downs630 | €211,851 | €249,860 | €191,874 | €149,631 | €129,995 | €88,304 | ▼ 32.1% |
| Operating cash flow (approximation) | €202,686 | €244,121 | €352,809 | €279,824 | €184,346 | -€11,280 | - |
| Investment in fixed assets (approximation) | - | -€194,509 | -€253,852 | €2,148 | €1,170 | €0 | ▼ 100% |
| Change in cash | - | -€5,604 | €76,395 | €113,542 | €149,925 | €85,177 | ▼ 43.2% |
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 (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2024 | micro format | 27-05-2025 | 2025-00114487 |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00264108 |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00237799 |
| 31-12-2021 | micro format | 04-04-2022 | 2022-20001012 |
| 31-12-2020 | micro format | 31-05-2021 | 2021-16200173 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-49400386 |
| 31-12-2018 | micro format | 20-06-2019 | 2019-20600537 |
| 31-12-2017 | abbreviated format | 30-05-2018 | 2018-14600543 |
| 31-12-2016 | abbreviated format | 02-06-2017 | 2017-15700357 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.