EL-KA
InactiveFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 25-06-2025 PDF all 13 filings
Turnover
≈ €250,000
Estimated: probably between €160,000 and €490,000
Total assets
€478,936▼ 12.4%
2023 · €546,648
Net result
€59,739▲ 6.6%
2023 · €56,017
Working capital
€5,891
2023 · -€58,871
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€79,794
▼ 0.2%
2024
20182024
Net result
€59,739
▲ 6.6%
2024
20182024
Equity
€471,172
▲ 14.5%
2024
20182024
Total assets
€478,936
▼ 12.4%
2024
20182024
Debt
€7,764
▼ 94.3%
2024
20182024
Working capital
€5,891
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€38,754-€38,956▲ 0.5%€39,499▲ 1.4%€56,171▲ 42.2%€78,548▲ 39.8%€79,964▲ 1.8%€79,794▼ 0.2%
Net result€26,387-€24,001▼ 9.0%€25,142▲ 4.8%€41,061▲ 63.3%€58,786▲ 43.2%€56,017▼ 4.7%€59,739▲ 6.6%
Equity€206,424-€230,426▲ 11.6%€255,568▲ 10.9%€296,629▲ 16.1%€355,415▲ 19.8%€411,433▲ 15.8%€471,172▲ 14.5%
Total assets€429,599-€424,214▼ 1.3%€430,861▲ 1.6%€470,289▲ 9.2%€690,541▲ 46.8%€546,648▼ 20.8%€478,936▼ 12.4%
Debt€223,175-€193,789▼ 13.2%€175,293▼ 9.5%€173,660▼ 0.9%€335,126▲ 93.0%€135,215▼ 59.7%€7,764▼ 94.3%
Working capital-€212,916--€193,643▲ 9.1%-€168,501▲ 13.0%-€114,940▲ 31.8%-€68,653▲ 40.3%-€58,871▲ 14.2%€5,891
The operating result for 2024 is 0% lower than in 2023.
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.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €478,936
Fixed assets
€465,281 ▼ 1.1%
Current assets
€13,655 ▼ 82.1%
Equity and liabilities €478,936
Equity
€471,172 ▲ 14.5%
Debt
€7,764 ▼ 94.3%
Debt's share of the balance-sheet total falls from 24.7% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84,817▲
2023 · €83,957
Cash flow
€64,762▲
2023 · €60,011
Current ratio
1.76▲
2023 · 0.56
Debt to equity
0.02▼
2023 · 0.33
ROE
12.7%▼
2023 · 13.6%
ROA
12.5%▲
2023 · 10.2%
Interest coverage
over 100▲
2023 · 15.92
Debt ≤ 1 year
€7,764▼
2023 · €135,215
Income taxes
€19,913▲
2023 · €18,672
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €50,228 | - |
| Depreciation and write-downs of the year | - | - | €3,993 | €5,023 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | €3,993 | €5,023 | ▲ 25.8% |
| Other operating charges640/8 | - | - | - | €5,280 | €6,110 | €6,315 | €6,555 | ▲ 3.8% |
| Gross operating margin9900 | €43,614 | €39,089 | €44,937 | €61,451 | €84,659 | €90,272 | €91,372 | ▲ 1.2% |
| Operating profit (loss)9901 | €38,754 | €38,956 | €39,499 | €56,171 | €78,548 | €79,964 | €79,794 | ▼ 0.2% |
| Financial charges65/66B | - | - | - | €162 | €166 | €5,274 | €141 | ▼ 97.3% |
| Recurring financial charges65 | €190 | €370 | €5,205 | €162 | €166 | €5,274 | €141 | ▼ 97.3% |
| Profit (loss) for the period before taxes9903 | €38,564 | €38,586 | €34,294 | €56,009 | €78,382 | €74,690 | €79,652 | ▲ 6.6% |
| Income taxes67/77 | €12,177 | €14,584 | €9,152 | €14,948 | €19,595 | €18,672 | €19,913 | ▲ 6.6% |
| Profit (loss) for the period9904 | €26,387 | €24,001 | €25,142 | €41,061 | €58,786 | €56,017 | €59,739 | ▲ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €26,387 | €24,001 | €25,142 | €41,061 | €58,786 | €56,017 | €59,739 | ▲ 6.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €429,599 | €424,214 | €430,861 | €470,289 | €690,541 | €546,648 | €478,936 | ▼ 12.4% |
| Fixed assets21/28 | €424,069 | €424,069 | €424,069 | €424,069 | €424,069 | €470,304 | €465,281 | ▼ 1.1% |
| Tangible fixed assets22/27 | €424,069 | €424,069 | €424,069 | €424,069 | €424,069 | €470,304 | €465,281 | ▼ 1.1% |
| Land and buildings22 | - | - | - | €424,069 | €424,069 | €470,304 | €465,281 | ▼ 1.1% |
| Current assets29/58 | €5,530 | €146 | €6,792 | €46,220 | €266,472 | €76,344 | €13,655 | ▼ 82.1% |
| Amounts receivable within one year40/41 | - | - | - | €37 | €241,341 | €41,511 | €197 | ▼ 99.5% |
| Trade receivables40 | - | - | - | €37 | €241,341 | €41,511 | €197 | ▼ 99.5% |
| Cash at bank and in hand54/58 | €685 | €29 | €6,792 | €44,814 | €21,896 | €31,425 | €9,790 | ▼ 68.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,369 | €3,235 | €3,408 | €3,667 | ▲ 7.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €429,599 | €424,214 | €430,861 | €470,289 | €690,541 | €546,648 | €478,936 | ▼ 12.4% |
| Equity10/15 | €206,424 | €230,426 | €255,568 | €296,629 | €355,415 | €411,433 | €471,172 | ▲ 14.5% |
| Contributions10/11 | €33,000 | €33,000 | - | €33,000 | €33,000 | €33,000 | €33,000 | = |
| Reserves13 | €25,949 | €49,951 | €222,568 | €263,629 | €322,415 | €378,433 | €438,172 | ▲ 15.8% |
| Non-distributable reserves130/1 | - | - | - | €3,300 | €3,300 | €3,300 | €3,300 | = |
| Reserves not available under the articles1311 | - | - | - | €3,300 | €3,300 | €3,300 | €3,300 | = |
| Tax-exempt reserves132 | - | - | - | €5,031 | €5,031 | €5,031 | €5,031 | = |
| Distributable reserves133 | - | - | - | €255,298 | €314,085 | €370,102 | €429,842 | ▲ 16.1% |
| Profit (loss) carried forward14 | €147,475 | €147,475 | - | - | - | - | - | - |
| Amounts payable17/49 | €223,175 | €193,789 | €175,293 | €173,660 | €335,126 | €135,215 | €7,764 | ▼ 94.3% |
| Amounts payable within one year42/48 | €218,446 | €193,789 | €175,293 | €161,160 | €335,126 | €135,215 | €7,764 | ▼ 94.3% |
| Trade debts44 | - | €1,578 | €17,346 | - | €84,136 | €50,228 | €169 | ▼ 99.7% |
| Suppliers440/4 | - | - | - | - | €84,136 | €50,228 | €169 | ▼ 99.7% |
| Taxes, remuneration and social security45 | - | - | - | €14,948 | €3,595 | €2,672 | €4,913 | ▲ 83.8% |
| Taxes450/3 | - | - | - | €14,948 | €3,595 | €2,672 | €4,913 | ▲ 83.8% |
| Other amounts payable47/48 | - | - | - | €146,212 | €247,394 | €82,314 | €2,681 | ▼ 96.7% |
| Accrued charges and deferred income492/3 | - | - | - | €12,500 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,387 | €24,001 | €25,142 | €41,061 | €58,786 | €56,017 | €59,739 | ▲ 6.6% |
| + Depreciation and write-downs630 | - | - | - | - | - | €3,993 | €5,023 | ▲ 25.8% |
| Operating cash flow (approximation) | €26,387 | €24,001 | €25,142 | €41,061 | €58,786 | €60,011 | €64,762 | ▲ 7.9% |
| Investment in fixed assets (approximation) | - | €0 | -€0 | €0 | €0 | -€50,228 | €0 | - |
| Change in cash | - | -€656 | €6,763 | €38,022 | -€22,918 | €9,528 | -€21,634 | - |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 25-06-2025 | 2025-00182246 | |
| 31-12-2023 | abbreviated format | 23-08-2024 | 2024-00366432 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00409349 | |
| 31-12-2021 | abbreviated format | 14-06-2022 | 2022-20065681 | |
| 31-12-2020 | abbreviated format | 13-08-2021 | 2021-49900329 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-36700374 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-52200039 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-48800198 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-47900112 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-49300296 |