FODIT
Dissolved and wound up on 09-02-2026Financials · financial year 2024, abbreviated format
2024 annual accounts filed 44 days after the deadline Filed on 13 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00492589.
Annual accounts 2024 filed on 13-09-2025 PDF all 8 filings
Equity
-€15,128
2023 · €30,692
Total assets
€3,065▼ 94.6%
2023 · €56,603
Net result
-€45,819▼ 654%
2023 · -€6,076
Working capital
-€17,848
2023 · €24,092
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€45,531
▼ 684%
2024
20182024
Net result
-€45,819
▼ 654%
2024
20182024
Equity
-€15,128
2024
20182024
Total assets
€3,065
▼ 94.6%
2024
20182024
Debt
€18,193
▼ 29.8%
2024
20182024
Working capital
-€17,848
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€11,390-€5,907▼ 48.1%€4,357▼ 26.2%-€3,380-€8,866▼ 162%-€5,805▲ 34.5%-€45,531▼ 684%
Net result€5,359-€2,758▼ 48.5%€1,518▼ 45.0%-€3,832-€9,293▼ 142%-€6,076▲ 34.6%-€45,819▼ 654%
Equity€45,617-€48,375▲ 6.0%€49,893▲ 3.1%€46,060▼ 7.7%€36,767▼ 20.2%€30,692▼ 16.5%-€15,128
Total assets€98,340-€99,785▲ 1.5%€108,910▲ 9.1%€67,410▼ 38.1%€59,404▼ 11.9%€56,603▼ 4.7%€3,065▼ 94.6%
Debt€52,724-€51,411▼ 2.5%€59,018▲ 14.8%€21,350▼ 63.8%€22,637▲ 6.0%€25,911▲ 14.5%€18,193▼ 29.8%
Working capital-€34,563--€5,458▲ 84.2%€13,375€29,857▲ 123%€27,241▼ 8.8%€24,092▼ 11.6%-€17,848
The operating result for 2024 is a loss of €45,531, larger than the loss of €5,805 in 2023. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3,065
Fixed assets
€2,720 ▼ 58.8%
Current assets
€345 ▼ 99.3%
Equity and liabilities
Equity-€15,128
Debt€18,193
Equity is negative. Debt (€18,193) exceeds the balance-sheet total (€3,065).
Key figures and ratios
EBITDA
-€42,345▼
2023 · -€2,878
Cash flow
-€42,633▼
2023 · -€3,149
Interest coverage
-146.82▼
2023 · -10.63
Debt ≤ 1 year
€18,193▼
2023 · €25,911
The ratios are withheld because a balance sheet total of €3,065 is too small for a meaningful ratio.
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 |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,203 | €17,317 | €17,314 | €6,669 | €6,678 | €2,927 | €3,186 | ▲ 8.9% |
| Other operating charges640/8 | - | - | - | €14,259 | - | - | - | - |
| Gross operating margin9900 | €25,240 | €24,518 | €22,787 | €17,548 | -€2,189 | -€2,878 | -€42,345 | ▼ 1,371% |
| Operating profit (loss)9901 | €11,390 | €5,907 | €4,357 | -€3,380 | -€8,866 | -€5,805 | -€45,531 | ▼ 684% |
| Recurring financial income75 | €1 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €453 | €427 | €271 | €288 | ▲ 6.5% |
| Recurring financial charges65 | €4,003 | €1,138 | €458 | €453 | €427 | €271 | €288 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | €7,389 | €4,769 | €3,899 | -€3,832 | -€9,293 | -€6,076 | -€45,819 | ▼ 654% |
| Income taxes67/77 | €2,030 | €2,011 | €2,381 | - | - | - | - | - |
| Profit (loss) for the period9904 | €5,359 | €2,758 | €1,518 | -€3,832 | -€9,293 | -€6,076 | -€45,819 | ▼ 654% |
| Profit (loss) for the period to be appropriated9905 | €5,359 | €2,758 | €1,518 | -€3,832 | -€9,293 | -€6,076 | -€45,819 | ▼ 654% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €98,340 | €99,785 | €108,910 | €67,410 | €59,404 | €56,603 | €3,065 | ▼ 94.6% |
| Fixed assets21/28 | €80,179 | €53,832 | €36,518 | €16,204 | €9,526 | €6,600 | €2,720 | ▼ 58.8% |
| Tangible fixed assets22/27 | €50,179 | €53,832 | €36,518 | €16,204 | €9,526 | €6,600 | €2,720 | ▼ 58.8% |
| Plant, machinery and equipment23 | - | - | - | €15,989 | €9,526 | €6,600 | €2,720 | ▼ 58.8% |
| Furniture and vehicles24 | - | - | - | €215 | - | - | - | - |
| Financial fixed assets28 | €30,000 | - | - | - | - | - | - | - |
| Current assets29/58 | €18,161 | €45,953 | €72,392 | €51,206 | €49,878 | €50,003 | €345 | ▼ 99.3% |
| Stocks and contracts in progress3 | €16,218 | €26,262 | €55,489 | €49,877 | €49,877 | €49,877 | - | - |
| Stocks30/36 | - | - | - | €49,877 | €49,877 | €49,877 | - | - |
| Amounts receivable within one year40/41 | - | €7,781 | €12,053 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,943 | €11,910 | €4,851 | €1,330 | €2 | €127 | €345 | ▲ 173% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €98,340 | €99,785 | €108,910 | €67,410 | €59,404 | €56,603 | €3,065 | ▼ 94.6% |
| Equity10/15 | €45,617 | €48,375 | €49,893 | €46,060 | €36,767 | €30,692 | -€15,128 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €27,017 | €29,775 | €31,293 | €31,293 | €31,293 | €31,293 | €31,293 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €29,433 | €29,433 | €29,433 | €29,433 | = |
| Profit (loss) carried forward14 | - | - | - | -€3,832 | -€13,125 | -€19,201 | -€65,021 | ▼ 239% |
| Amounts payable17/49 | €52,724 | €51,411 | €59,018 | €21,350 | €22,637 | €25,911 | €18,193 | ▼ 29.8% |
| Amounts payable within one year42/48 | €52,724 | €51,411 | €59,018 | €21,350 | €22,637 | €25,911 | €18,193 | ▼ 29.8% |
| Trade debts44 | €31,143 | €30,430 | €30,326 | €2,318 | €895 | €865 | €889 | ▲ 2.8% |
| Suppliers440/4 | - | - | - | €2,318 | €895 | €865 | €889 | ▲ 2.8% |
| Taxes, remuneration and social security45 | - | - | - | €2,381 | - | - | - | - |
| Taxes450/3 | - | - | - | €2,381 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €16,651 | €21,742 | €25,046 | €17,304 | ▼ 30.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,359 | €2,758 | €1,518 | -€3,832 | -€9,293 | -€6,076 | -€45,819 | ▼ 654% |
| + Depreciation and write-downs630 | €13,203 | €17,317 | €17,314 | €6,669 | €6,678 | €2,927 | €3,186 | ▲ 8.9% |
| Operating cash flow (approximation) | €18,562 | €20,075 | €18,832 | €2,836 | -€2,616 | -€3,149 | -€42,633 | ▼ 1,254% |
| Investment in fixed assets (approximation) | - | €9,030 | €0 | €13,646 | €0 | €0 | €694 | - |
| Change in cash | - | €9,967 | -€7,059 | -€3,521 | -€1,328 | €125 | €219 | ▲ 74.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 13-09-2025 | 2025-00492589 | |
| 31-12-2023 | abbreviated format | 30-11-2024 | 2024-00609010 | |
| 31-12-2022 | micro format | 31-01-2024 | 2024-00026110 | |
| 31-12-2021 | abbreviated format | 28-11-2022 | 2022-20528990 | |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-70100492 | |
| 31-12-2019 | abbreviated format | 09-10-2020 | 2020-60700513 | |
| 31-12-2018 | abbreviated format | 30-10-2019 | 2019-72200531 | |
| 31-12-2017 | abbreviated format | 28-09-2018 | 2018-66900358 |