INSIDE DESIGN
Open bankruptcyFrom the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2023, micro format
2023 annual accounts filed 229 days after the deadline Filed on 17 March 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00048872.
Annual accounts 2023
- Financial year ended
- 31-12-2023
- Filed on
- 17-03-2025
- Format
- micro format
- Reference
- 2025-00048872
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a profit of €46,344, after a loss of €82,855 in 2022. It is the highest result since 2019.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €48,512 | €66,381 | ▲ 36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,427 | €8,688 | €6,400 | €5,948 | €5,228 | €5,366 | ▲ 2.6% |
| Other operating charges640/8 | - | - | - | €3,933 | €6,304 | €1,691 | ▼ 73.2% |
| Gross operating margin9900 | €19,697 | €25,553 | €4,179 | €33,568 | -€22,811 | €119,782 | - |
| Operating profit (loss)9901 | €9,081 | €14,326 | -€5,634 | €23,688 | -€82,855 | €46,344 | - |
| Financial income75/76B | - | - | - | €0 | €20 | €63 | ▲ 215% |
| Recurring financial income75 | €27 | €119 | €112 | €0 | €20 | €63 | ▲ 215% |
| Financial charges65/66B | - | - | - | €2,539 | €10,124 | €4,884 | ▼ 51.8% |
| Recurring financial charges65 | €2,137 | €2,457 | €2,939 | €2,539 | €10,124 | €4,884 | ▼ 51.8% |
| Profit (loss) for the period before taxes9903 | €6,970 | €11,988 | -€8,461 | €21,149 | -€92,960 | €41,523 | - |
| Income taxes67/77 | €4,711 | €5,726 | €1,378 | €7,994 | €838 | €196 | ▼ 76.6% |
| Profit (loss) for the period9904 | €2,259 | €6,262 | -€9,839 | €13,156 | -€93,798 | €41,327 | - |
| Profit (loss) for the period to be appropriated9905 | €2,259 | €6,262 | -€9,839 | €13,156 | -€93,798 | €41,327 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €134,388 | €108,901 | €131,163 | €121,137 | €54,165 | €67,399 | ▲ 24.4% |
| Fixed assets21/28 | €33,597 | €38,903 | €11,272 | €7,867 | €12,746 | €7,404 | ▼ 41.9% |
| Tangible fixed assets22/27 | €33,597 | €38,903 | €11,272 | €7,867 | €12,746 | €7,404 | ▼ 41.9% |
| Plant, machinery and equipment23 | - | - | - | €1,910 | €9,730 | €6,383 | ▼ 34.4% |
| Furniture and vehicles24 | - | - | - | €5,956 | €3,015 | €1,021 | ▼ 66.1% |
| Current assets29/58 | €100,791 | €69,998 | €119,891 | €113,270 | €41,419 | €59,995 | ▲ 44.8% |
| Stocks and contracts in progress3 | €4,420 | €3,671 | €5,412 | €4,887 | €4,454 | €5,265 | ▲ 18.2% |
| Stocks30/36 | - | - | - | €4,887 | €4,454 | €5,265 | ▲ 18.2% |
| Amounts receivable within one year40/41 | €36,862 | €61,187 | €20,972 | €76,305 | €29,400 | €54,360 | ▲ 84.9% |
| Trade receivables40 | - | - | - | €62,492 | €29,247 | €46,243 | ▲ 58.1% |
| Other amounts receivable41 | - | - | - | €13,813 | €153 | €8,117 | ▲ 53× |
| Cash at bank and in hand54/58 | €58,597 | €4,916 | €93,490 | €32,078 | €7,391 | €370 | ▼ 95.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €174 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €134,388 | €108,901 | €131,163 | €121,137 | €54,165 | €67,399 | ▲ 24.4% |
| Equity10/15 | €21,299 | €26,749 | €16,909 | €30,065 | -€63,733 | -€22,406 | ▲ 64.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,699 | €8,149 | €8,149 | €8,149 | €8,149 | €8,149 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €6,289 | €6,289 | €6,289 | = |
| Profit (loss) carried forward14 | - | - | -€9,839 | €3,316 | -€90,482 | -€49,155 | ▲ 45.7% |
| Amounts payable17/49 | €113,089 | €82,152 | €114,254 | €91,072 | €117,898 | €89,805 | ▼ 23.8% |
| Amounts payable after more than one year17 | €29,194 | €22,296 | €15,240 | €8,665 | €2,580 | €16,944 | ▲ 557% |
| Financial debts170/4 | - | - | - | €8,665 | €2,580 | €16,944 | ▲ 557% |
| Amounts payable within one year42/48 | €39,590 | €59,857 | €99,014 | €80,835 | €114,199 | €72,861 | ▼ 36.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €31,525 | €31,035 | €7,647 | ▼ 75.4% |
| Financial debts43 | - | - | - | - | - | €114 | - |
| Credit institutions430/8 | - | - | - | - | - | €114 | - |
| Trade debts44 | €2,419 | €9,009 | €6,998 | €5,178 | €22,442 | €14,924 | ▼ 33.5% |
| Suppliers440/4 | - | - | - | €5,178 | €22,442 | €14,924 | ▼ 33.5% |
| Taxes, remuneration and social security45 | - | - | - | €37,581 | €42,766 | €50,176 | ▲ 17.3% |
| Taxes450/3 | - | - | - | €37,581 | €29,876 | €42,300 | ▲ 41.6% |
| Remuneration and social security454/9 | - | - | - | - | €12,890 | €7,876 | ▼ 38.9% |
| Other amounts payable47/48 | - | - | - | €6,552 | €17,956 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,572 | €1,119 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,259 | €6,262 | -€9,839 | €13,156 | -€93,798 | €41,327 | - |
| + Depreciation and write-downs630 | €6,427 | €8,688 | €6,400 | €5,948 | €5,228 | €5,366 | ▲ 2.6% |
| Operating cash flow (approximation) | €8,686 | €14,949 | -€3,439 | €19,103 | -€88,570 | €46,693 | - |
| Investment in fixed assets (approximation) | - | -€13,995 | €21,231 | -€2,542 | -€10,108 | -€25 | ▲ 99.8% |
| Change in cash | - | -€53,682 | €88,574 | -€61,411 | -€24,688 | -€7,021 | ▲ 71.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 17-03-2025 | 2025-00048872 | |
| 31-12-2022 | micro format | 05-02-2025 | 2025-00030244 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20425235 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66600141 | |
| 31-12-2019 | micro format | 02-12-2020 | 2020-74000001 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60200133 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-62200274 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58000098 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57000580 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-48000582 |
Comparable companies
These companies have the same main activity as INSIDE DESIGN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €56,800 and €89,500, founded between 2007 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| INSIDE DESIGN | 2009 | €67,399 | -€22,406 | €119,782 | €41,327 | - | 2023 |
| BC Châssis Herstal | 2008 | €72,249 | €23,029 | €119,561 | €4,461 | - | 2025 |
| DE FAVERI Christian Seraing | 2007 | €70,378 | €29,329 | €99,308 | -€56,858 | - | 2025 |
| SE-BO Alken | 2011 | €72,704 | €30,814 | €92,951 | €37,260 | 0.5 | 2025 |
| MENUISERIE MOMIN Liège | 2010 | €89,469 | €82,730 | €107,278 | €9,884 | - | 2025 |
| STEFAAN TANT Langemark-Poelkapelle | 2011 | €78,808 | €13,397 | €86,701 | €8,609 | - | 2025 |
| YDL MENUISERIE Wezembeek-Oppem | 2011 | €56,783 | €27,270 | €81,150 | -€53 | - | 2025 |
They were chosen from the 9,056 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.