FISCALON
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
50 d early
2023
50 d early
2022
62 d early
2021
52 d early
2020
15 d early
2019
50 d early
2018
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€422k▲ 13.2%
2023 · €373k
2018: €237klowest in 7 years
2019: €270k▲ +14.2% vs 2018
2020: €293k▲ +8.4% vs 2019
2021: €314k▲ +7.1% vs 2020
2022: €339k▲ +8.0% vs 2021
2023: €373k▲ +10.0% vs 2022
2024: €422k▲ +13.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€502k▼ 28.7%
2023 · €703k
2018: €518k
2019: €533k▲ +2.8% vs 2018
2020: €543k▲ +1.8% vs 2019
2021: €541k▼ -0.4% vs 2020
2022: €547k▲ +1.1% vs 2021
2023: €703k▲ +28.7% vs 2022highest in 7 years
2024: €502k▼ -28.7% vs 2023lowest in 7 years
2018 → 2024
Net result
€137k▲ 119%
2023 · €63k
2018: €14klowest in 7 years
2019: €51k▲ +273% vs 2018
2020: €38k▼ -25.3% vs 2019
2021: €39k▲ +2.3% vs 2020
2022: €69k▲ +79.0% vs 2021
2023: €63k▼ -9.9% vs 2022
2024: €137k▲ +119% vs 2023highest in 7 years
2018 → 2024
Working capital
€93k▲ 158%
2023 · €36k
2018: €3klowest in 7 years
2019: €25k▲ +647% vs 2018
2020: €31k▲ +23.0% vs 2019
2021: €40k▲ +30.0% vs 2020
2022: €69k▲ +69.9% vs 2021
2023: €36k▼ -47.2% vs 2022
2024: €93k▲ +158% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€293k-€314k▲ 7.1%€339k▲ 8.0%€373k▲ 10.0%€422k▲ 13.2%
2020: €293klowest in 5 years
2021: €314k▲ +7.1% vs 2020
2022: €339k▲ +8.0% vs 2021
2023: €373k▲ +10.0% vs 2022
2024: €422k▲ +13.2% vs 2023highest in 5 years
Operating result€60k-€63k▲ 4.1%€105k▲ 67.0%€95k▼ 9.5%€199k▲ 109%
2020: €60klowest in 5 years
2021: €63k▲ +4.1% vs 2020
2022: €105k▲ +67.0% vs 2021
2023: €95k▼ -9.5% vs 2022
2024: €199k▲ +109% vs 2023highest in 5 years
Net result€38k-€39k▲ 2.3%€69k▲ 79.0%€63k▼ 9.9%€137k▲ 119%
2020: €38klowest in 5 years
2021: €39k▲ +2.3% vs 2020
2022: €69k▲ +79.0% vs 2021
2023: €63k▼ -9.9% vs 2022
2024: €137k▲ +119% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 109% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €502k
Fixed assets
€328k ▼ 39.9%
Current assets
€173k ▲ 10.4%
Equity and liabilities €502k
Equity
€422k ▲ 13.2%
Debt
€80k ▼ 75.8%
Debt's share of the balance-sheet total falls from 47.0% to 16.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€240k▲
2023 · €133k
Cash flow
€178k▲
2023 · €101k
Current ratio
2.17▲
2023 · 1.30
Debt to equity
0.19▼
2023 · 0.89
ROE
32.5%▲
2023 · 16.8%
ROA
27.3%▲
2023 · 8.9%
Interest coverage
11.10▼
2023 · 13.10
Debt ≤ 1 year
€80k▼
2023 · €121k
Income taxes
€45k▲
2023 · €22k
Staff costs
€356k▲
2023 · €280k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€703k€502k▼
Fixed assets21/28€546k€328k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€546k€328k▼
Land and buildings22€343k€247k▼
Plant, machinery and equipment23€37k€31k▼
Furniture and vehicles24€166k€50k▼
Financial fixed assets28€297€297=
Current assets29/58€157k€173k▲
Amounts receivable within one year40/41€56k€73k▲
Trade receivables40€52k€69k▲
Other amounts receivable41€4k€4k▲
Current investments50/53€22k-
Cash at bank and in hand54/58€77k€101k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€703k€502k▼
Equity10/15€373k€422k▲
Contributions10/11€28k€28k=
Revaluation surpluses12€88k-
Reserves13€257k€257k=
Tax-exempt reserves132€2k-
Distributable reserves133€255k€257k▲
Profit (loss) carried forward14-€137k
Amounts payable17/49€331k€80k▼
Amounts payable after more than one year17€209k-
Financial debts170/4€209k-
Amounts payable within one year42/48€121k€80k▼
Current portion of amounts payable after more than one year42€42k-
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€22k€23k▲
Suppliers440/4€22k€23k▲
Taxes, remuneration and social security45€41k€55k▲
Taxes450/3€37k€19k▼
Remuneration and social security454/9€4k€36k▲
Other amounts payable47/48€14k-
Accrued charges and deferred income492/3€761€144▼
Income statement
Code20232024
Remuneration, social security and pensions62€280k€356k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€41k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€234€59▼
Gross operating margin9900€415k€599k▲
Operating profit (loss)9901€95k€199k▲
Financial income75/76B€276€4k▲
Recurring financial income75€276€4k▲
Financial charges65/66B€10k€22k▲
Recurring financial charges65€10k€22k▲
Profit (loss) for the period before taxes9903€85k€182k▲
Income taxes67/77€22k€45k▲
Profit (loss) for the period9904€63k€137k▲
Profit (loss) for the period to be appropriated9905€63k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€137k▲
Transfer to equity691/2€15k-
To other reserves6921€15k-
Profit to be distributed694/7€48k-
Return on contributions (dividend)694€30k-
Employees696€18k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €200k | €245k | €280k | €356k | ▲ 27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €25k | €23k | €38k | €41k | ▲ 6.5% |
| Other operating charges640/8 | - | €3k | €1k | €1k | €2k | ▲ 136% |
| Non-recurring operating charges66A | - | €159 | €248 | €234 | €59 | ▼ 74.8% |
| Gross operating margin9900 | €240k | €292k | €375k | €415k | €599k | ▲ 44.4% |
| Operating profit (loss)9901 | €60k | €63k | €105k | €95k | €199k | ▲ 109% |
| Financial income75/76B | - | - | €1 | €276 | €4k | ▲ 1,491% |
| Recurring financial income75 | - | - | €1 | €276 | €4k | ▲ 1,491% |
| Financial charges65/66B | - | €9k | €8k | €10k | €22k | ▲ 112% |
| Recurring financial charges65 | €8k | €9k | €8k | €10k | €22k | ▲ 112% |
| Profit (loss) for the period before taxes9903 | €52k | €54k | €97k | €85k | €182k | ▲ 114% |
| Income taxes67/77 | €14k | €16k | €27k | €22k | €45k | ▲ 99.4% |
| Profit (loss) for the period9904 | €38k | €39k | €69k | €63k | €137k | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | €38k | €39k | €69k | €63k | €137k | ▲ 119% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543k | €541k | €547k | €703k | €502k | ▼ 28.7% |
| Fixed assets21/28 | €407k | €404k | €387k | €546k | €328k | ▼ 39.9% |
| Intangible fixed assets21 | €819 | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €406k | €404k | €386k | €546k | €328k | ▼ 39.9% |
| Land and buildings22 | - | €330k | €322k | €343k | €247k | ▼ 27.9% |
| Plant, machinery and equipment23 | - | €45k | €43k | €37k | €31k | ▼ 16.4% |
| Furniture and vehicles24 | - | €29k | €21k | €166k | €50k | ▼ 70.1% |
| Financial fixed assets28 | €297 | €297 | €297 | €297 | €297 | = |
| Current assets29/58 | €136k | €136k | €160k | €157k | €173k | ▲ 10.4% |
| Amounts receivable within one year40/41 | €90k | €104k | €74k | €56k | €73k | ▲ 31.0% |
| Trade receivables40 | - | €104k | €74k | €52k | €69k | ▲ 33.0% |
| Other amounts receivable41 | - | - | - | €4k | €4k | ▲ 4.1% |
| Current investments50/53 | - | - | - | €22k | - | - |
| Cash at bank and in hand54/58 | €43k | €30k | €84k | €77k | €101k | ▲ 30.8% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €3k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543k | €541k | €547k | €703k | €502k | ▼ 28.7% |
| Equity10/15 | €293k | €314k | €339k | €373k | €422k | ▲ 13.2% |
| Contributions10/11 | €25k | €25k | €25k | €28k | €28k | = |
| Capital10 | - | €25k | - | - | - | - |
| Issued capital100 | - | €25k | - | - | - | - |
| Outside capital11 | - | - | €25k | - | - | - |
| Other1109/19 | - | - | €25k | - | - | - |
| Revaluation surpluses12 | - | €69k | €69k | €88k | - | - |
| Reserves13 | €198k | €219k | €244k | €257k | €257k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Legal reserve130 | - | €3k | €3k | - | - | - |
| Tax-exempt reserves132 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | €215k | €240k | €255k | €257k | ▲ 0.8% |
| Profit (loss) carried forward14 | - | - | - | - | €137k | - |
| Amounts payable17/49 | €250k | €227k | €208k | €331k | €80k | ▼ 75.8% |
| Amounts payable after more than one year17 | €145k | €131k | €116k | €209k | - | - |
| Financial debts170/4 | - | €131k | €116k | €209k | - | - |
| Amounts payable within one year42/48 | €104k | €96k | €91k | €121k | €80k | ▼ 33.8% |
| Current portion of amounts payable after more than one year42 | - | €14k | €15k | €42k | - | - |
| Financial debts43 | - | €25k | €687 | €1k | €2k | ▲ 33.3% |
| Credit institutions430/8 | - | €25k | €687 | €1k | €2k | ▲ 33.3% |
| Trade debts44 | €18k | €21k | €25k | €22k | €23k | ▲ 8.0% |
| Suppliers440/4 | - | €21k | €25k | €22k | €23k | ▲ 8.0% |
| Taxes, remuneration and social security45 | - | €20k | €28k | €41k | €55k | ▲ 32.7% |
| Taxes450/3 | - | €20k | €28k | €37k | €19k | ▼ 49.6% |
| Remuneration and social security454/9 | - | - | - | €4k | €36k | ▲ 714% |
| Other amounts payable47/48 | - | €16k | €22k | €14k | - | - |
| Accrued charges and deferred income492/3 | - | - | €293 | €761 | €144 | ▼ 81.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €39k | €69k | €63k | €137k | ▲ 119% |
| + Depreciation and write-downs630 | €30k | €25k | €23k | €38k | €41k | ▲ 6.5% |
| Operating cash flow (approximation) | €68k | €64k | €93k | €101k | €178k | ▲ 76.1% |
| Investment in fixed assets (approximation) | - | €-23k | €-6k | €-198k | €177k | ▲ 189% |
| Change in cash | - | €-13k | €54k | €-7k | €24k | ▲ 437% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
24-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect · Carl MAERE
2024
31-12
Financial
Highest result since 2018net €137k ▲119%
Operating result €199k, net result €137k, both a record.
30-10
State Gazette act
Board meeting · Merger
Accounting effect · Real estate
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:SBB GECERTIFICEERDE ACCOUNTANTS EN ADVISEURS
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 972 EUR awarded · 972 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 126 EUR | 126 EUR |
| 2023 | 1 | 711 EUR | 711 EUR |
| 2022 | 1 | 135 EUR | 135 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)