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Bethaniënlei 219 ·2980 Zoersel, Belgium
BE 0784.922.119
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Turnover
EBIT margin
Net result€29k-28.2%
Working capital€81k+62.5%
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40kOperating result 2022: €13k€13kNet result 2022: €8k€8kOperating result 2023: €50k€50kNet result 2023: €41k€41kOperating result 2024: €40k€40kNet result 2024: €29k€29k202220232024
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 ~66%/year over 3 fiscal years — indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2025: €116k (€110k – €123k)2026: €151k (€145k – €158k)2027: €186k (€179k – €192k)2022: €12k2023: €53k2024: €81k202220232024202520262027
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
€42k
-20.3% ≈ vs sector
Net profit
€29k
-28.2% ≈ vs sector
Cash flow
€31k
-29.7% ≈ vs sector
Total assets
€97k
+5.7% -88% vs sector
Equity
€81k
+54.2% -30% vs sector
Working capital
€81k
+62.5% ≈ vs sector
Income taxes
€7k
+3.1% +94% vs sector
Dividends
€833
≈ vs sector
Debt
€16k
-60.1% -97% vs sector
Debt ≤ 1y
€14k
-62.9% -96% vs sector
Current ratio
6.61
+189.9% +282% vs sector
Quick ratio
6.61
+189.9% +322% vs sector
Solvency
84.0%
+46.0% +83% vs sector
Debt / equity
0.19
-74.2% -84% vs sector
ROE
36.2%
-53.4% +164% vs sector
ROA
30.4%
-32.0% +1286% vs sector
Interest coverage
11.29
-67.6% +9723% vs sector
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€42k
Net profit€29k
Cash flow€31k
Staff costs
Income taxes€7k
Dividends€833
Total assets€97k
Equity€81k
Debt€16k
of which ≤ 1y€14k
of which > 1y
Working capital€81k
Employees (FTE)
Ratios (computed)
2024
Current ratio6.61
Quick ratio6.61
Working capital ratio83.5%
Solvency84.0%
Debt / equity0.19
Long-term debt ratio
Interest coverage11.29
Gross margin
Net margin
ROA30.4%
ROE36.2%
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€97k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€95k
Amounts receivable within one year 40/41€43k
Cash & bank 54/58€51k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€97k
Equity 10/15€81k
Contributions / capital 10/11€4k
Reserves 13€78k
Accumulated profits (losses) 14€0
Amounts payable 17/49€16k
Amounts payable within one year 42/48€14k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€42k
Operating result 9901€40k
Financial income 75€72
Financial charges 65€4k
Result before taxes 9903€37k
Income taxes 67/77€7k
Net result for the period 9904€29k
Result to be appropriated 9905€29k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100

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