IMMODULO
InactiveFinancials · financial year 2024, micro format
Equity
€418,054▼ 9.8%
2023 · €463,251
Total assets
€830,109▼ 20.2%
2023 · €1.0m
Net result
-€45,197▼ 548%
2023 · -€6,976
Working capital
€159,972▼ 40.6%
2023 · €269,249
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result turns negative in 2024: a loss of €41,749 after €5,950 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.04m
2024
Net result-€0.05m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.8m
2024
Equity€0.4m
2024
Debt€0.3m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
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
Line201920202021202220232024
Operating result€0.2m-€0.02m▼ 90.9%€0.01m▼ 46.0%€0.03m▲ 230%€0.006m▼ 82.0%-€0.04m
Net result€0.2m-€0.006m▼ 96.5%-€0.005m€0.01m-€0.007m-€0.05m▼ 548%
Equity€0.5m-€0.5m▲ 1.3%€0.5m▼ 1.2%€0.5m▲ 2.9%€0.5m▼ 1.5%€0.4m▼ 9.8%
Total assets€1.3m-€1.2m▼ 8.8%€1.0m▼ 12.8%€1.1m▲ 3.1%€1.0m▼ 3.2%€0.8m▼ 20.2%
Debt€0.7m-€0.6m▼ 15.9%€0.5m▼ 23.1%€0.5m▲ 5.9%€0.5m▼ 3.9%€0.3m▼ 33.3%
Working capital-€0.2m-€0.1m€0.2m▲ 17.1%€0.2m▲ 28.1%€0.3m▲ 20.4%€0.2m▼ 40.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €830,109
Fixed assets
€668,807 ▼ 6.8%
Current assets
€161,302 ▼ 50.1%
Equity and liabilities €830,109
Equity
€418,054 ▼ 9.8%
Provisions
€98,724 ▼ 8.0%
Debt
€313,330 ▼ 33.3%
Debt's share of the balance-sheet total falls from 45.2% to 37.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,759▼
2023 · €54,279
Cash flow
€3,311▼
2023 · €41,353
Debt to equity
0.75▼
2023 · 1.01
ROE
-10.8%▼
2023 · -1.5%
ROA
-5.4%▼
2023 · -0.7%
Interest coverage
0.56▼
2023 · 3.38
Debt ≤ 1 year
€1,330▼
2023 · €53,690
Debt > 1 year
€300,000▼
2023 · €400,000
A ratio outside any meaningful range has been withheld (balance sheet total €830,109, equity €418,054).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,788 | €48,148 | €48,148 | €48,158 | €48,330 | €48,508 | ▲ 0.4% |
| Other operating charges640/8 | - | - | - | €3,045 | €4,465 | €3,528 | ▼ 21.0% |
| Gross operating margin9900 | €245,707 | €71,021 | €61,248 | €84,256 | €58,744 | €10,287 | ▼ 82.5% |
| Operating profit (loss)9901 | €204,648 | €18,540 | €10,007 | €33,053 | €5,950 | -€41,749 | - |
| Financial charges65/66B | - | - | - | €16,032 | €16,038 | €12,036 | ▼ 25.0% |
| Recurring financial charges65 | €327 | €16,346 | €18,869 | €16,032 | €16,038 | €12,036 | ▼ 25.0% |
| Profit (loss) for the period before taxes9903 | €204,320 | €2,194 | -€8,863 | €17,021 | -€10,088 | -€53,785 | ▼ 433% |
| Transfer from deferred taxes780 | - | - | - | €8,588 | €8,588 | €8,588 | = |
| Income taxes67/77 | €45,048 | €4,835 | €5,175 | €12,243 | €5,476 | - | - |
| Profit (loss) for the period9904 | €167,861 | €5,947 | -€5,449 | €13,366 | -€6,976 | -€45,197 | ▼ 548% |
| Transfer from tax-exempt reserves789 | - | - | - | €19,901 | €19,901 | €19,901 | = |
| Profit (loss) for the period to be appropriated9905 | €52,619 | €25,848 | €14,452 | €33,267 | €12,925 | -€25,296 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.3m | €1.2m | €1.0m | €1.1m | €1.0m | €0.8m | ▼ 20.2% |
| Fixed assets21/28 | €0.8m | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 6.8% |
| Tangible fixed assets22/27 | €0.8m | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 6.8% |
| Land and buildings22 | - | - | - | €0.8m | €0.7m | €0.7m | ▼ 6.8% |
| Current assets29/58 | €0.6m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 50.1% |
| Stocks and contracts in progress3 | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | - | - |
| Stocks30/36 | - | - | - | €0.2m | €0.1m | - | - |
| Amounts receivable within one year40/41 | €0.006m | €0.005m | €0.006m | €0.001m | €0.06m | €0.08m | ▲ 42.8% |
| Trade receivables40 | - | - | - | €0.001m | €0.06m | €0.08m | ▲ 32.9% |
| Other amounts receivable41 | - | - | - | €113 | - | €0.006m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.004m | €0.03m | €0.08m | €0.1m | €0.08m | ▼ 38.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.0m | €1.1m | €1.0m | €0.8m | ▼ 20.2% |
| Equity10/15 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 9.8% |
| Contributions10/11 | €0.06m | - | - | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 11.5% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | - | - |
| Other1319 | - | - | - | €0.006m | €0.006m | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.2m | €0.2m | ▼ 8.3% |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 12.9% |
| Profit (loss) carried forward14 | €0.009m | €0.005m | €0.005m | €0.005m | €0.006m | €0.006m | ▲ 3.6% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 8.0% |
| Deferred taxes168 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 8.0% |
| Amounts payable17/49 | €0.7m | €0.6m | €0.5m | €0.5m | €0.5m | €0.3m | ▼ 33.3% |
| Amounts payable after more than one year17 | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 25.0% |
| Other amounts payable178/9 | - | - | - | €0.4m | €0.4m | €0.3m | ▼ 25.0% |
| Amounts payable within one year42/48 | €0.7m | €0.2m | €0.06m | €0.09m | €0.05m | €0.001m | ▼ 97.5% |
| Trade debts44 | - | €434 | €434 | €434 | €434 | €0.001m | ▲ 206% |
| Suppliers440/4 | - | - | - | €434 | €434 | €0.001m | ▲ 206% |
| Advances received on contracts in progress46 | - | - | - | €0.08m | €0.05m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.008m | - | - |
| Taxes450/3 | - | - | - | €0.01m | €0.008m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.02m | €0.01m | ▼ 25.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €167,861 | €5,947 | -€5,449 | €13,366 | -€6,976 | -€45,197 | ▼ 548% |
| + Depreciation and write-downs630 | €39,788 | €48,148 | €48,148 | €48,158 | €48,330 | €48,508 | ▲ 0.4% |
| Operating cash flow (approximation) | €207,649 | €54,095 | €42,699 | €61,524 | €41,353 | €3,311 | ▼ 92.0% |
| Investment in fixed assets (approximation) | - | -€150,071 | €0 | -€1,025 | -€3,083 | €0 | - |
| Change in cash | - | -€126,953 | €26,654 | €48,451 | €46,426 | -€47,686 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | micro format | 19-12-2024 | 2024-00623735 |
| 30-06-2023 | micro format | 20-11-2023 | 2023-00514236 |
| 30-06-2022 | micro format | 21-12-2022 | 2022-20544434 |
| 30-06-2021 | micro format | 01-02-2022 | 2022-04200207 |
| 30-06-2020 | micro format | 02-02-2021 | 2021-04500341 |
| 30-06-2019 | micro format | 23-12-2019 | 2019-77100319 |
| 30-06-2018 | micro format | 28-01-2019 | 2019-02700275 |
| 30-06-2017 | micro format | 04-01-2018 | 2018-00300424 |
| 30-06-2016 | full format | 21-02-2017 | 2017-05200561 |
| 30-06-2015 | full format | 12-01-2016 | 2016-01100238 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.