Turnover—
EBIT margin—
Net result€-80k+59.6%
Working capital€-26k+72.9%
Directors1
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
declining
Equity: declining trend of ~69.7%/year over 3 fiscal years — indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 38 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -21.3% | 25.8% | |
| Net result | €-80k | €28 | |
| Equity | €-33k | €40k | |
| Gross operating margin | €-69k | €19k | |
| Total assets | €156k | €137k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-77k
+61.3%
-204% vs sector
€-80k
+59.6%
-4926% vs sector
€-77k
+60.6%
-224% vs sector
€156k
+8.8%
+72% vs sector
€-33k
+70.6%
-153% vs sector
€-26k
+72.9%
-147% vs sector
0
—
-100% vs sector
€189k
-26.2%
+286% vs sector
€176k
-15.0%
+625% vs sector
€13k
-73.0%
-84% vs sector
0.85
+61.0%
-68% vs sector
0.84
+61.4%
-68% vs sector
-21.3%
+73.0%
-146% vs sector
-5.69
-151.1%
-583% vs sector
240.0%
+37.5%
+9085% vs sector
-51.2%
+62.9%
-2061% vs sector
-11703.71
+99.1%
-44302% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-77k |
| Net profit | €-80k |
| Cash flow | €-77k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €156k |
| Equity | €-33k |
| Debt | €189k |
| of which ≤ 1y | €176k |
| of which > 1y | €13k |
| Working capital | €-26k |
| Employees (FTE) | 0.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.85 |
| Quick ratio | 0.84 |
| Working capital ratio | -16.9% |
| Solvency | -21.3% |
| Debt / equity | -5.69 |
| Long-term debt ratio | -0.40 |
| Interest coverage | -11703.71 |
| Gross margin | — |
| Net margin | — |
| ROA | -51.2% |
| ROE | 240.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €156k |
| Fixed assets | 21/28 | €5k |
| Formation expenses | 20 | €1k |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €600 |
| Current assets | 29/58 | €150k |
| Stocks & contracts in progress | 3 | €994 |
| Amounts receivable within one year | 40/41 | €81k |
| Cash & bank | 54/58 | €67k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €156k |
| Equity | 10/15 | €-33k |
| Contributions / capital | 10/11 | €800k |
| Accumulated profits (losses) | 14 | €-833k |
| Amounts payable | 17/49 | €189k |
| Amounts payable after one year | 17 | €13k |
| Amounts payable within one year | 42/48 | €176k |
| Trade debts payable within one year | 44 | €149k |
| Income statement | ||
| Gross operating margin | 9900 | €-69k |
| Operating result | 9901 | €-80k |
| Financial income | 75 | €107 |
| Financial charges | 65 | €7 |
| Result before taxes | 9903 | €-80k |
| Net result for the period | 9904 | €-80k |
| Result to be appropriated | 9905 | €-80k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed23
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Critical
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See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.