Turnover—
EBIT margin—
Net result€-13.01M-323.0%
Working capital€-66.58M-1369.8%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 28-10-2025 with the NBB · fiscal year 2024 · volledig
€-11.10M
-264.3%
23–24
€-13.01M
-323.0%
23–24
€-12.30M
-304.2%
23–24
€72.73M
+772.4%
23–24
€-11.08M
—
23–24
€-66.58M
-1369.8%
23–24
81
+1101.5%
23–24
€4.74M
+939.4%
23–24
€17k
—
23–24
€83.81M
+1207.2%
23–24
€80.65M
+1157.9%
23–24
€1.94M
—
23–24
0.17
-40.6%
23–24
0.17
-14.4%
23–24
-15.2%
—
23–24
-7.56
—
23–24
117.4%
—
23–24
-17.9%
+51.5%
23–24
-8.82
+99.5%
23–24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-11.10M |
| Net profit | €-13.01M |
| Cash flow | €-12.30M |
| Staff costs | €4.74M |
| Income taxes | €17k |
| Dividends | — |
| Total assets | €72.73M |
| Equity | €-11.08M |
| Debt | €83.81M |
| of which ≤ 1y | €80.65M |
| of which > 1y | €1.94M |
| Working capital | €-66.58M |
| Employees (FTE) | 80.5 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.17 |
| Quick ratio | 0.17 |
| Working capital ratio | -91.5% |
| Solvency | -15.2% |
| Debt / equity | -7.56 |
| Long-term debt ratio | -0.18 |
| Interest coverage | -8.82 |
| Gross margin | — |
| Net margin | — |
| ROA | -17.9% |
| ROE | 117.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | 11720d |
| Inventory turnover | — |
| Days inventory (DSI) | 0d |
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 | €72.73M |
| Fixed assets | 21/28 | €58.65M |
| Formation expenses | 20 | €5k |
| Intangible fixed assets | 21 | €165k |
| Tangible fixed assets | 22/27 | €58.20M |
| Financial fixed assets | 28 | €289k |
| Current assets | 29/58 | €14.07M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €13.54M |
| Cash & bank | 54/58 | €144k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €72.73M |
| Equity | 10/15 | €-11.08M |
| Contributions / capital | 10/11 | €5.00M |
| Accumulated profits (losses) | 14 | €-16.08M |
| Amounts payable | 17/49 | €83.81M |
| Amounts payable after one year | 17 | €1.94M |
| Amounts payable within one year | 42/48 | €80.65M |
| Trade debts payable within one year | 44 | €19.97M |
| Income statement | ||
| Operating result | 9901 | €-11.81M |
| Financial income | 75 | €103k |
| Financial charges | 65 | €1.29M |
| Result before taxes | 9903 | €-12.99M |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €-13.01M |
| Result to be appropriated | 9905 | €-13.01M |
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Ratios computed by Checked.
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FY 2024 · computed7
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See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.