FALL
InactiveFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 25-07-2025 PDF all 37 filings
Turnover
≈ €620,000
Estimated: probably between €370,000 and €1.1m
Total assets
€264,944▲ 12×
2023 · €21,893
Net result
€208,498
2023 · -€8,616
Working capital
€251,114
2023 · -€32,753
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€262,389
2024
20182024
Net result
€208,498
2024
20182024
Equity
€197,351
2024
20182024
Total assets
€264,944
▲ 12×
2024
20182024
Debt
€13,830
▼ 58.1%
2024
20182024
Working capital
€251,114
2024
20182024
Staff (FTE)
0
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€8,990--€2,305▲ 74.4%-€3,507▼ 52.1%-€772▲ 78.0%-€3,255▼ 322%-€8,568▼ 163%€262,389
Net result-€9,056--€2,455▲ 72.9%-€3,608▼ 46.9%-€840▲ 76.7%-€3,300▼ 293%-€8,616▼ 161%€208,498
Equity€7,673-€5,217▼ 32.0%€1,609▼ 69.2%€770▼ 52.2%-€2,530-€11,147▼ 341%€197,351
Total assets€23,300-€23,290=€22,095▼ 5.1%€23,726▲ 7.4%€23,444▼ 1.2%€21,893▼ 6.6%€264,944▲ 12×
Debt€15,627-€18,072▲ 15.6%€20,486▲ 13.4%€22,956▲ 12.1%€25,975▲ 13.1%€33,040▲ 27.2%€13,830▼ 58.1%
Working capital-€13,934--€16,390▼ 17.6%-€19,998▼ 22.0%-€20,837▼ 4.2%-€24,137▼ 15.8%-€32,753▼ 35.7%€251,114
Staff (FTE)0
The operating result for 2024 is a profit of €262,389, after a loss of €8,568 in 2023. It is the highest result since 2020.
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
Equity and liabilities €264,944
Equity
€197,351
Provisions
€53,763
Debt
€13,830
Debt's share of the balance-sheet total is 5.2%.
Key figures and ratios
Current ratio
19.16▲
2023 · 0.01
Debt to equity
0.07
ROE
105.6%
ROA
78.7%▲
2023 · -39.4%
Debt ≤ 1 year
€13,830▼
2023 · €33,040
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 | - | - | - | - | - | - | €263,393 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €426 | €0 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,212 | €1,232 | €1,348 | €1,531 | ▲ 13.6% |
| Gross operating margin9900 | -€5,615 | -€1,150 | -€609 | €440 | -€2,023 | -€7,221 | €263,920 | - |
| Operating profit (loss)9901 | -€8,990 | -€2,305 | -€3,507 | -€772 | -€3,255 | -€8,568 | €262,389 | - |
| Financial charges65/66B | - | - | - | €68 | €45 | €48 | €129 | ▲ 168% |
| Recurring financial charges65 | €66 | €150 | €101 | €68 | €45 | €48 | €129 | ▲ 168% |
| Profit (loss) for the period before taxes9903 | -€9,056 | -€2,455 | -€3,608 | -€840 | -€3,300 | -€8,616 | €262,260 | - |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €53,763 | - |
| Profit (loss) for the period9904 | -€9,056 | -€2,455 | -€3,608 | -€840 | -€3,300 | -€8,616 | €208,498 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €161,288 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,056 | -€2,455 | -€3,608 | -€840 | -€3,300 | -€8,616 | €47,210 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €23,300 | €23,290 | €22,095 | €23,726 | €23,444 | €21,893 | €264,944 | ▲ 12× |
| Fixed assets21/28 | €21,607 | €21,607 | €21,607 | €21,607 | €21,607 | €21,607 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €21,607 | €21,607 | €21,607 | €21,607 | €21,607 | €21,607 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €21,607 | €21,607 | €21,607 | €0 | ▼ 100% |
| Current assets29/58 | €1,693 | €1,683 | €489 | €2,119 | €1,837 | €286 | €264,944 | ▲ 925× |
| Amounts receivable within one year40/41 | €1,673 | €1,673 | - | €1,673 | €0 | - | €264,568 | - |
| Other amounts receivable41 | - | - | - | €1,673 | €0 | - | €264,568 | - |
| Cash at bank and in hand54/58 | €20 | €10 | €114 | €45 | €1,326 | €286 | €376 | ▲ 31.2% |
| Deferred charges and accrued income490/1 | - | - | - | €401 | €512 | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €23,300 | €23,290 | €22,095 | €23,726 | €23,444 | €21,893 | €264,944 | ▲ 12× |
| Equity10/15 | €7,673 | €5,217 | €1,609 | €770 | -€2,530 | -€11,147 | €197,351 | - |
| Contributions10/11 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Capital10 | - | - | - | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Issued capital100 | - | - | - | €66,931 | €66,931 | €66,931 | €66,931 | = |
| Reserves13 | €8,721 | €8,721 | €5,241 | €5,241 | €5,241 | €5,241 | €166,528 | ▲ 32× |
| Non-distributable reserves130/1 | - | - | - | €5,241 | €5,241 | €5,241 | €5,241 | = |
| Legal reserve130 | - | - | - | €5,241 | €5,241 | €5,241 | €5,241 | = |
| Tax-exempt reserves132 | - | - | - | - | - | - | €161,288 | - |
| Profit (loss) carried forward14 | -€67,980 | -€70,435 | -€70,563 | -€71,402 | -€74,702 | -€83,319 | -€36,109 | ▲ 56.7% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €53,763 | - |
| Deferred taxes168 | - | - | - | - | - | - | €53,763 | - |
| Amounts payable17/49 | €15,627 | €18,072 | €20,486 | €22,956 | €25,975 | €33,040 | €13,830 | ▼ 58.1% |
| Amounts payable within one year42/48 | €15,627 | €18,072 | €20,486 | €22,956 | €25,975 | €33,040 | €13,830 | ▼ 58.1% |
| Trade debts44 | €1,903 | €1,540 | €1,473 | €401 | €234 | €1,516 | €106 | ▼ 93.0% |
| Suppliers440/4 | - | - | - | €401 | €234 | €1,516 | €106 | ▼ 93.0% |
| Other amounts payable47/48 | - | - | - | €22,556 | €25,740 | €31,524 | €13,724 | ▼ 56.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,056 | -€2,455 | -€3,608 | -€840 | -€3,300 | -€8,616 | €208,498 | - |
| + Depreciation and write-downs630 | €426 | €0 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€8,630 | -€2,455 | -€3,608 | -€840 | -€3,300 | -€8,616 | €208,498 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €21,607 | - |
| Change in cash | - | -€10 | €104 | -€68 | €1,280 | -€1,039 | €89 | - |
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 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00307772 | |
| 31-12-2023 | abbreviated format | 10-07-2024 | 2024-00229441 | |
| 31-12-2022 | abbreviated format | 05-07-2023 | 2023-00202487 | |
| 31-12-2021 | abbreviated format | 22-06-2022 | 2022-20080434 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-42300357 | |
| 31-12-2019 | abbreviated format | 07-10-2020 | 2020-59800194 | |
| 31-12-2018 | micro format | 20-10-2019 | 2019-71100320 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55400181 | |
| 31-12-2016 | micro format | 31-07-2017 | 2017-40000277 | |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-50000352 |