Financials · financial year 2023, abbreviated format
2023 annual accounts filed 30 days after the deadline Filed on 30 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00402722.
Annual accounts 2023 filed on 30-08-2024 at the NBB
Turnover
≈ €260,000
Estimated: probably between €190,000 and €300,000
Total assets
€35,400
Net result
-€3,815
Working capital
€2,000
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €35,400
Equity
€2,000
Debt
€33,400
Debt's share of the balance-sheet total is 94.4%.
Key figures and ratios
EBITDA
-€119
Cash flow
-€336
Current ratio
1.06
Debt to equity
16.70
ROE
-190.8%
ROA
-10.8%
Interest coverage
-0.55
Debt ≤ 1 year
€33,400
Staff costs
€146,395
Staff
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 3 |
| in full-time equivalents | 3 |
| Average over the year, in full-time equivalents | 3.3 |
| On a permanent contract | 3 |
| Joined | 36 |
| Left | 35 |
Source: social balance sheet in the 2023 annual accounts
Annual accounts
| Line | 2023 |
|---|---|
| Remuneration, social security and pensions62 | €146,395 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,479 |
| Other operating charges640/8 | €280 |
| Gross operating margin9900 | €146,555 |
| Operating profit (loss)9901 | -€3,599 |
| Financial charges65/66B | €217 |
| Recurring financial charges65 | €217 |
| Profit (loss) for the period before taxes9903 | -€3,815 |
| Profit (loss) for the period9904 | -€3,815 |
| Profit (loss) for the period to be appropriated9905 | -€3,815 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €35,400 | |
| Current assets29/58 | €35,400 | |
| Amounts receivable within one year40/41 | €34,421 | |
| Trade receivables40 | €14,076 | |
| Other amounts receivable41 | €20,344 | |
| Cash at bank and in hand54/58 | €980 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €35,400 | |
| Equity10/15 | €2,000 | |
| Contributions10/11 | €2,000 | |
| Capital10 | €2,000 | |
| Issued capital100 | €2,000 | |
| Amounts payable17/49 | €33,400 | |
| Amounts payable within one year42/48 | €33,400 | |
| Trade debts44 | €8,655 | |
| Suppliers440/4 | €8,655 | |
| Taxes, remuneration and social security45 | €24,745 | |
| Taxes450/3 | €7,669 | |
| Remuneration and social security454/9 | €17,076 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€3,815 |
| + Depreciation and write-downs630 | €3,479 |
| Operating cash flow (approximation) | -€336 |
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 (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00402722 |