I-SHAPE
InactiveFinancials · financial year 2024, abbreviated format
Turnover
≈ €460,000
Estimated: probably between €280,000 and €850,000
Total assets
€283,919▲ 55.9%
2023 · €182,123
Net result
€113,925▲ 68.3%
2023 · €67,674
Working capital
€181,316▲ 333%
2023 · €41,860
Trend over the years
2023 to 2024, 2 financial years
The operating result rises in 2024; 2024 is 66% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€151,980
2024
Net result€113,925
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€283,919
2024
Equity€282,554
2024
Debt€1,365
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€181,316
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€91,383-€151,980▲ 66.3%
Net result€67,674-€113,925▲ 68.3%
Equity€168,629-€282,554▲ 67.6%
Total assets€182,123-€283,919▲ 55.9%
Debt€13,494-€1,365▼ 89.9%
Working capital€41,860-€181,316▲ 333%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €283,919
Fixed assets
€101,239 ▼ 20.1%
Current assets
€182,681 ▲ 230%
Equity and liabilities €283,919
Equity
€282,554 ▲ 67.6%
Debt
€1,365 ▼ 89.9%
Debt's share of the balance-sheet total falls from 7.4% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€177,511▲
2023 · €119,175
Cash flow
€139,456▲
2023 · €95,466
Debt to equity
0.00▼
2023 · 0.08
ROE
40.3%▲
2023 · 40.1%
ROA
40.1%▲
2023 · 37.2%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€1,365▼
2023 · €13,494
Income taxes
€37,975▲
2023 · €22,803
A ratio outside any meaningful range has been withheld (balance sheet total €283,919, equity €282,554).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,792 | €25,531 | ▼ 8.1% |
| Other operating charges640/8 | €7,374 | €2,738 | ▼ 62.9% |
| Gross operating margin9900 | €126,549 | €180,249 | ▲ 42.4% |
| Operating profit (loss)9901 | €91,383 | €151,980 | ▲ 66.3% |
| Financial income75/76B | €1 | €0 | ▼ 98.7% |
| Recurring financial income75 | €1 | €0 | ▼ 98.7% |
| Financial charges65/66B | €907 | €79 | ▼ 91.3% |
| Recurring financial charges65 | €907 | €79 | ▼ 91.3% |
| Profit (loss) for the period before taxes9903 | €90,477 | €151,900 | ▲ 67.9% |
| Income taxes67/77 | €22,803 | €37,975 | ▲ 66.5% |
| Profit (loss) for the period9904 | €67,674 | €113,925 | ▲ 68.3% |
| Profit (loss) for the period to be appropriated9905 | €67,674 | €113,925 | ▲ 68.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €182,123 | €283,919 | ▲ 55.9% |
| Fixed assets21/28 | €126,770 | €101,239 | ▼ 20.1% |
| Intangible fixed assets21 | €123,750 | €99,000 | ▼ 20.0% |
| Tangible fixed assets22/27 | €3,020 | €2,239 | ▼ 25.9% |
| Land and buildings22 | €2,281 | €1,869 | ▼ 18.1% |
| Plant, machinery and equipment23 | €738 | €369 | ▼ 50.0% |
| Current assets29/58 | €55,354 | €182,681 | ▲ 230% |
| Stocks and contracts in progress3 | €15,431 | €6,888 | ▼ 55.4% |
| Stocks30/36 | €15,431 | €6,888 | ▼ 55.4% |
| Amounts receivable within one year40/41 | €24,659 | €46,318 | ▲ 87.8% |
| Trade receivables40 | €12,952 | €28,787 | ▲ 122% |
| Other amounts receivable41 | €11,707 | €17,530 | ▲ 49.7% |
| Cash at bank and in hand54/58 | €15,264 | €129,475 | ▲ 748% |
| Deferred charges and accrued income490/1 | €0 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €182,123 | €283,919 | ▲ 55.9% |
| Equity10/15 | €168,629 | €282,554 | ▲ 67.6% |
| Contributions10/11 | €18,500 | €18,500 | = |
| Reserves13 | €150,129 | €264,054 | ▲ 75.9% |
| Distributable reserves133 | €150,129 | €264,054 | ▲ 75.9% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €13,494 | €1,365 | ▼ 89.9% |
| Amounts payable after more than one year17 | €0 | - | - |
| Financial debts170/4 | €0 | - | - |
| Amounts payable within one year42/48 | €13,494 | €1,365 | ▼ 89.9% |
| Financial debts43 | €5,408 | €0 | ▼ 100% |
| Credit institutions430/8 | €5,408 | €0 | ▼ 100% |
| Trade debts44 | €3,806 | €652 | ▼ 82.9% |
| Suppliers440/4 | €3,806 | €652 | ▼ 82.9% |
| Taxes, remuneration and social security45 | €772 | €150 | ▼ 80.6% |
| Taxes450/3 | €772 | €150 | ▼ 80.6% |
| Other amounts payable47/48 | €3,508 | €563 | ▼ 84.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €67,674 | €113,925 | ▲ 68.3% |
| + Depreciation and write-downs630 | €27,792 | €25,531 | ▼ 8.1% |
| Operating cash flow (approximation) | €95,466 | €139,456 | ▲ 46.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €114,211 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 17-06-2025 | 2025-00151480 |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00180684 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.