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Vluchtenburgstraat 1/3 ·2630 Aartselaar, Belgium
BE 0723.749.662
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Turnover
EBIT margin
Net result€-21k-2867.4%
Working capital€-17k-840.2%
Directors1
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Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 23-08-2024 with the NBB · fiscal year 2023 · verkort
€-30k€-20k€-10k€0€10k€20kOperating result 2019: €4k€4kNet result 2019: €2k€2kOperating result 2020: €-18k€-18kNet result 2020: €-16k€-16kOperating result 2021: €17k€17kNet result 2021: €16k€16kOperating result 2022: €-95€-95Net result 2022: €-701€-701Operating result 2023: €-22k€-22kNet result 2023: €-21k€-21k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
declining Equity: declining trend of ~7.6%/year over 5 fiscal years — indicative, assuming unchanged policy.
€-10k€0€10k€20k2024: €14k (€11k – €17k)2025: €13k (€8k – €17k)2026: €11k (€5k – €18k)2019: €21k2020: €3k2021: €19k2022: €18k2023: €-2k20192020202120222023202420252026
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 2023 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -2.5% 12.2%
better than 23% of 119 sector peers
Net result €-21k €9k
better than 27% of 120 sector peers
Equity €-2k €40k
better than 23% of 120 sector peers
Gross operating margin €4k €91k
better than 29% of 120 sector peers
Staff costs €22k €145k
higher than 11% of 59 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-19k
19–23
Net profit
€-21k
-2867.4% 19–23
Cash flow
€-18k
19–23
Total assets
€98k
+0.3% 19–23
Equity
€-2k
19–23
Working capital
€-17k
-840.2% 19–23
Employees (FTE)
1
-33.3% 19–23
Staff costs
€22k
+3.9% 19–23
Income taxes
€107
-92.4% 19–23
Debt
€101k
+26.5% 19–23
Debt ≤ 1y
€97k
+22.5% 19–23
Current ratio
0.83
-15.5% 19–23
Quick ratio
0.22
-6.0% 19–23
Solvency
-2.5%
19–23
Debt / equity
-40.82
19–23
ROE
843.3%
19–23
ROA
-21.2%
-2858.8% 19–23
Interest coverage
-22.02
19–23
Figures by fiscal year
Fiscal year2023
Revenue
EBITDA€-19k
Net profit€-21k
Cash flow€-18k
Staff costs€22k
Income taxes
Dividends
Total assets€98k
Equity€-2k
Debt€101k
of which ≤ 1y€97k
of which > 1y
Working capital€-17k
Employees (FTE)0.6
Ratios (computed)
2023
Current ratio0.83
Quick ratio0.22
Working capital ratio-17.2%
Solvency-2.5%
Debt / equity-40.82
Long-term debt ratio
Interest coverage-22.02
Gross margin
Net margin
ROA-21.2%
ROE843.3%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€98k
Fixed assets 21/28€18k
Tangible fixed assets 22/27€15k
Financial fixed assets 28€3k
Current assets 29/58€81k
Stocks & contracts in progress 3€60k
Amounts receivable within one year 40/41€19k
Cash & bank 54/58€170
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€98k
Equity 10/15€-2k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-21k
Amounts payable 17/49€101k
Amounts payable within one year 42/48€97k
Trade debts payable within one year 44€42k
Income statement
Gross operating margin 9900€4k
Operating result 9901€-22k
Financial income 75€2k
Financial charges 65€869
Result before taxes 9903€-21k
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
7 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.