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Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 46 days after the deadline Filed on 15 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00492501.
Annual accounts 2024 filed on 15-09-2025 PDF all 7 filings
Turnover
€180,177▲ 23.3%
2019 · €146,099
EBIT margin
2.3%▼ 13.5pp
2019 · 15.8%
Net result
€4,010▲ 92.9%
2023 · €2,079
Working capital
€42,181▲ 10.5%
2023 · €38,171
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 28% higher than in 2023. It is a recovery after the fall in 2023.
Turnover€180,177
2024
Operating result€4,127
2024
Net result€4,010
2024
Total assets€73,983
2024
Equity€42,181
2024
Debt€31,801
2024
Working capital€42,181
2024
EBIT margin2.3%
2024
Return on assets (ROA)5.4%
2024
Solvency57.0%
2024
Current ratio2.33
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€215,790-€146,099▼ 32.3%€180,177
Operating result€2,249-€23,124▲ 928%€11,507▼ 50.2%€9,896▼ 14.0%€16,912▲ 70.9%€3,235▼ 80.9%€4,127▲ 27.6%
Net result€1,553-€16,597▲ 969%€10,318within the sector's middle half▼ 37.8%-€917within the sector's middle half€2,342within the sector's middle half€2,079within the sector's middle half▼ 11.2%€4,010within the sector's middle half▲ 92.9%
EBIT margin1.0%-15.8%▲ 14.8pp2.3%
Equity€7,753-€24,349▲ 214%€34,668within the sector's middle half▲ 42.4%€33,751within the sector's middle half▼ 2.6%€36,093within the sector's middle half▲ 6.9%€38,171within the sector's middle half▲ 5.8%€42,181within the sector's middle half▲ 10.5%
Total assets€11,195-€38,271▲ 242%€39,667below the sector's middle half▲ 3.6%€35,856below the sector's middle half▼ 9.6%€49,185below the sector's middle half▲ 37.2%€99,813within the sector's middle half▲ 103%€73,983within the sector's middle half▼ 25.9%
Debt€3,442-€13,922▲ 304%€4,999▼ 64.1%€2,105▼ 57.9%€13,092▲ 522%€61,641▲ 371%€31,801▼ 48.4%
Working capital€7,753-€24,349▲ 214%€34,668within the sector's middle half▲ 42.4%€33,751within the sector's middle half▼ 2.6%€36,093within the sector's middle half▲ 6.9%€38,171within the sector's middle half▲ 5.8%€42,181within the sector's middle half▲ 10.5%
Solvency69.3%-63.6%▼ 5.6pp87.4%above the sector's middle half▲ 23.8pp94.1%above the sector's middle half▲ 6.7pp73.4%above the sector's middle half▼ 20.7pp38.2%within the sector's middle half▼ 35.1pp57.0%within the sector's middle half▲ 18.8pp
Current ratio3.25-2.75▼ 0.507.94above the sector's middle half▲ 5.1917.03above the sector's middle half▲ 9.093.76above the sector's middle half▼ 13.271.62within the sector's middle half▼ 2.142.33within the sector's middle half▲ 0.71
Return on assets (ROA)13.9%-43.4%▲ 29.5pp26.0%above the sector's middle half▼ 17.4pp-2.6%below the sector's middle half▼ 28.6pp4.8%within the sector's middle half▲ 7.3pp2.1%within the sector's middle half▼ 2.7pp5.4%within the sector's middle half▲ 3.3pp
Staff (FTE)1
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €73,983
Equity
€42,181 ▲ 10.5%
Debt
€31,801 ▼ 48.4%
Debt's share of the balance-sheet total falls from 61.8% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
Quick ratio
2.27▲
2023 · 1.59
Debt to equity
0.75▼
2023 · 1.61
ROE
9.5%▲
2023 · 5.4%
Debt ≤ 1 year
€31,801▼
2023 · €61,641
Customer credit
10 days
Supplier credit
34 days
Staff costs
€25,152▲
2023 · €18,451
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1 |
| On a permanent contract | 1 |
Source: social balance sheet in the 2023 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €215,790 | €146,099 | - | - | - | - | €180,177 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €150,878 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €23,438 | €18,451 | €25,152 | ▲ 36.3% |
| Other operating charges640/8 | - | - | - | - | €1,674 | €1,056 | €20 | ▼ 98.1% |
| Gross operating margin9900 | €2,596 | €23,124 | €11,507 | €9,896 | €42,024 | €22,742 | €29,299 | ▲ 28.8% |
| Operating profit (loss)9901 | €2,249 | €23,124 | €11,507 | €9,896 | €16,912 | €3,235 | €4,127 | ▲ 27.6% |
| Financial income75/76B | - | - | - | €779 | - | - | - | - |
| Recurring financial income75 | - | - | €779 | €779 | - | - | - | - |
| Financial charges65/66B | - | - | - | €355 | €1,117 | €1,156 | €118 | ▼ 89.8% |
| Recurring financial charges65 | €62 | €41 | €239 | €355 | €1,117 | €1,156 | €118 | ▼ 89.8% |
| Profit (loss) for the period before taxes9903 | €2,187 | €23,083 | €12,046 | €10,319 | €15,795 | €2,079 | €4,010 | ▲ 92.9% |
| Income taxes67/77 | €634 | €6,487 | €1,728 | €11,236 | €13,453 | - | - | - |
| Profit (loss) for the period9904 | €1,553 | €16,597 | €10,318 | -€917 | €2,342 | €2,079 | €4,010 | ▲ 92.9% |
| Profit (loss) for the period to be appropriated9905 | €1,553 | €16,597 | €10,318 | -€917 | €2,342 | €2,079 | €4,010 | ▲ 92.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11,195 | €38,271 | €39,667 | €35,856 | €49,185 | €99,813 | €73,983 | ▼ 25.9% |
| Current assets29/58 | €11,195 | €38,271 | €39,667 | €35,856 | €49,185 | €99,813 | €73,983 | ▼ 25.9% |
| Amounts receivable after more than one year29 | - | - | - | €30,000 | €45,000 | €45,000 | €45,000 | = |
| Other amounts receivable291 | - | - | - | €30,000 | €45,000 | €45,000 | €45,000 | = |
| Stocks and contracts in progress3 | - | - | €1,897 | €1,733 | €2,596 | €1,639 | €1,782 | ▲ 8.7% |
| Stocks30/36 | - | - | - | €1,733 | €2,596 | €1,639 | €1,782 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €2,007 | €5,595 | €174 | €1,005 | - | €16,258 | €4,982 | ▼ 69.4% |
| Trade receivables40 | - | - | - | - | - | €12,930 | - | - |
| Other amounts receivable41 | - | - | - | €1,005 | - | €3,328 | €4,982 | ▲ 49.7% |
| Cash at bank and in hand54/58 | €9,188 | €32,676 | €6,829 | €3,118 | €1,589 | €36,915 | €22,219 | ▼ 39.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11,195 | €38,271 | €39,667 | €35,856 | €49,185 | €99,813 | €73,983 | ▼ 25.9% |
| Equity10/15 | €7,753 | €24,349 | €34,668 | €33,751 | €36,093 | €38,171 | €42,181 | ▲ 10.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | - | - | - | €6,200 | - |
| Issued capital100 | - | - | - | - | - | - | €6,200 | - |
| Reserves13 | €109 | €1,264 | €1,264 | €1,264 | €1,264 | €1,264 | €1,264 | = |
| Non-distributable reserves130/1 | - | - | - | €1,264 | €1,264 | €1,264 | €1,264 | = |
| Reserves not available under the articles1311 | - | - | - | €1,264 | €1,264 | €1,264 | €1,264 | = |
| Profit (loss) carried forward14 | €1,443 | €16,886 | €27,204 | €26,287 | €28,629 | €30,708 | €34,718 | ▲ 13.1% |
| Amounts payable17/49 | €3,442 | €13,922 | €4,999 | €2,105 | €13,092 | €61,641 | €31,801 | ▼ 48.4% |
| Amounts payable within one year42/48 | €3,442 | €13,922 | €4,999 | €2,105 | €13,092 | €61,641 | €31,801 | ▼ 48.4% |
| Trade debts44 | €2,706 | €6,518 | - | - | - | €40,357 | €14,208 | ▼ 64.8% |
| Suppliers440/4 | - | - | - | - | - | €40,357 | €14,208 | ▼ 64.8% |
| Taxes, remuneration and social security45 | - | - | - | €2,105 | €12,541 | €20,273 | €16,581 | ▼ 18.2% |
| Taxes450/3 | - | - | - | €2,105 | €12,541 | €7,961 | €9,532 | ▲ 19.7% |
| Remuneration and social security454/9 | - | - | - | - | - | €12,312 | €7,049 | ▼ 42.7% |
| Other amounts payable47/48 | - | - | - | - | €551 | €1,012 | €1,012 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,553 | €16,597 | €10,318 | -€917 | €2,342 | €2,079 | €4,010 | ▲ 92.9% |
| Operating cash flow (approximation) | €1,553 | €16,597 | €10,318 | -€917 | €2,342 | €2,079 | €4,010 | ▲ 92.9% |
| Change in cash | - | €23,488 | -€25,847 | -€3,711 | -€1,529 | €35,326 | -€14,696 | - |
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 (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 15-09-2025 | 2025-00492501 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00411354 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00397419 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20401279 | |
| 31-12-2020 | micro format | 22-03-2022 | 2022-08500542 | |
| 31-12-2019 | full format | 14-08-2020 | 2020-41800295 | |
| 31-12-2018 | full format | 14-08-2020 | 2020-41800294 |