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Private limited companyfounded 2020Damstraat 195, 1980 Zemst, BelgiumKBO/BCE: BE 0760.669.347
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Financials · financial year 2024, abbreviated format

Annual accounts 2024 filed on 17-04-2025 PDF all 4 filings

Turnover
≈ €74,000
Estimated: probably between €43,000 and €150,000
Total assets
€110,056▼ 49.5%
2023 · €217,725
Net result
€2,146
2023 · -€128,926
Working capital
-€101,111▲ 2.4%
2023 · -€103,599
Trend over the years

2021 to 2024, 4 financial years

The operating result for 2024 is a profit of €2,366, after a loss of €128,120 in 2023.

Operating result€2,366 2024 Net result€2,146 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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).

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220232024
Operating result€4,339-€17,215▲ 297%-€128,120€2,366
Net result€2,622below the sector's middle half-€13,350within the sector's middle half▲ 409%-€128,926below the sector's middle half€2,146below the sector's middle half
Equity€12,622below the sector's middle half-€25,972below the sector's middle half▲ 106%-€102,954below the sector's middle half-€100,807below the sector's middle half▲ 2.1%
Total assets€272,269below the sector's middle half-€320,173below the sector's middle half▲ 17.6%€217,725below the sector's middle half▼ 32.0%€110,056below the sector's middle half▼ 49.5%
Debt€259,647-€294,201▲ 13.3%€320,678▲ 9.0%€210,863▼ 34.2%
Working capital€11,306below the sector's middle half-€24,992below the sector's middle half▲ 121%-€103,599below the sector's middle half-€101,111below the sector's middle half▲ 2.4%
Solvency4.6%below the sector's middle half-8.1%below the sector's middle half▲ 3.5pp-47.3%below the sector's middle half▼ 55.4pp-91.6%below the sector's middle half▼ 44.3pp
Current ratio1.04below the sector's middle half-1.08below the sector's middle half▲ 0.040.68below the sector's middle half▼ 0.410.52below the sector's middle half▼ 0.16
Return on assets (ROA)1.0%below the sector's middle half-4.2%within the sector's middle half▲ 3.2pp-59.2%below the sector's middle half▼ 63.4pp2.0%within the sector's middle half▲ 61.2pp
Staff (FTE)0.9below the sector's middle half-0.7below the sector's middle half▼ 22.2%
above within below 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.
Turnover and EBIT margin are 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 €110,056
Fixed assets €310 ▼ 52.0%
Current assets €109,746 ▼ 49.4%
Equity and liabilities
Equity-€100,807
Debt€210,863
Equity is negative. Debt (€210,863) exceeds the balance-sheet total (€110,056).
Key figures and ratios
2024 value · change against 2023
EBITDA
€2,702▲
2023 · -€127,785
Cash flow
€2,482▲
2023 · -€128,590
Quick ratio
0.33▼
2023 · 0.40
Interest coverage
12.28▲
2023 · -924.97
Debt ≤ 1 year
€210,858▼
2023 · €320,678
Income taxes
€0▼
2023 · €668
Staff costs
-€310▼
2023 · €490
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines

Source: Annual accounts 2024 (PDF), filed on 17-04-2025.

Balance sheet Code20232024
Assets
Total assets20/58€217,725€110,056▼
Fixed assets21/28€645€310▼
Tangible fixed assets22/27€645€310▼
Plant, machinery and equipment23€645€310▼
Current assets29/58€217,079€109,746▼
Stocks and contracts in progress3€88,665€40,350▼
Stocks30/36€67,030€27,136▼
Contracts in progress37€21,634€13,215▼
Amounts receivable within one year40/41€113,162€59,642▼
Trade receivables40€75,496€59,640▼
Other amounts receivable41€37,666€1▼
Cash at bank and in hand54/58€13,121€9,754▼
Deferred charges and accrued income490/1€2,133€0▼
Equity and liabilities
Total equity and liabilities10/49€217,725€110,056▼
Equity10/15-€102,954-€100,807▲
Contributions10/11€10,000€10,000=
Reserves13€15,972€15,972=
Distributable reserves133€15,972€15,972=
Profit (loss) carried forward14-€128,926-€126,780▲
Amounts payable17/49€320,678€210,863▼
Amounts payable within one year42/48€320,678€210,858▼
Trade debts44€208,302€174,038▼
Suppliers440/4€208,302€174,038▼
Advances received on contracts in progress46€3,190€3,923▲
Taxes, remuneration and social security45€4,358€2,638▼
Taxes450/3€4,358€2,638▼
Remuneration and social security454/9€0-
Other amounts payable47/48€104,828€30,259▼
Accrued charges and deferred income492/3-€6
Income statement Code20232024
Remuneration, social security and pensions62€490-€310▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€336€336=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,560
Other operating charges640/8€671€387▼
Gross operating margin9900-€126,624€7,340▲
Operating profit (loss)9901-€128,120€2,366▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€138€220▲
Recurring financial charges65€138€220▲
Profit (loss) for the period before taxes9903-€128,258€2,146▲
Income taxes67/77€668€0▼
Profit (loss) for the period9904-€128,926€2,146▲
Profit (loss) for the period to be appropriated9905-€128,926€2,146▲
Appropriation of the result
Profit (loss) to be appropriated9906-€128,926-€126,780▲
Profit (loss) brought forward from the previous period14P--€128,926
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2021202220232024Change
Remuneration, social security and pensions62€70,891€67,989€490-€310-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26€336€336€336=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€4,560-
Other operating charges640/8--€671€387▼ 42.3%
Gross operating margin9900€75,255€85,539-€126,624€7,340-
Operating profit (loss)9901€4,339€17,215-€128,120€2,366-
Financial income75/76B€63-€0€0▼ 100%
Recurring financial income75€63-€0€0▼ 100%
Financial charges65/66B€46€175€138€220▲ 59.2%
Recurring financial charges65€46€175€138€220▲ 59.2%
Profit (loss) for the period before taxes9903€4,355€17,040-€128,258€2,146-
Income taxes67/77€1,733€3,690€668€0▼ 100%
Profit (loss) for the period9904€2,622€13,350-€128,926€2,146-
Profit (loss) for the period to be appropriated9905€2,622€13,350-€128,926€2,146-
Line2021202220232024Change
Assets
Total assets20/58€272,269€320,173€217,725€110,056▼ 49.5%
Fixed assets21/28€1,316€981€645€310▼ 52.0%
Tangible fixed assets22/27€1,316€981€645€310▼ 52.0%
Plant, machinery and equipment23€1,316€981€645€310▼ 52.0%
Current assets29/58€270,952€319,192€217,079€109,746▼ 49.4%
Stocks and contracts in progress3€71,199€135,826€88,665€40,350▼ 54.5%
Stocks30/36€71,199€101,009€67,030€27,136▼ 59.5%
Contracts in progress37-€34,818€21,634€13,215▼ 38.9%
Amounts receivable within one year40/41€173,789€170,415€113,162€59,642▼ 47.3%
Trade receivables40€169,382€153,216€75,496€59,640▼ 21.0%
Other amounts receivable41€4,407€17,199€37,666€1▼ 100.0%
Cash at bank and in hand54/58€25,964€12,416€13,121€9,754▼ 25.7%
Deferred charges and accrued income490/1-€535€2,133€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€272,269€320,173€217,725€110,056▼ 49.5%
Equity10/15€12,622€25,972-€102,954-€100,807▲ 2.1%
Contributions10/11€10,000€10,000€10,000€10,000=
Reserves13€2,622€15,972€15,972€15,972=
Distributable reserves133€2,622€15,972€15,972€15,972=
Profit (loss) carried forward14---€128,926-€126,780▲ 1.7%
Amounts payable17/49€259,647€294,201€320,678€210,863▼ 34.2%
Amounts payable within one year42/48€259,647€294,201€320,678€210,858▼ 34.2%
Trade debts44€108,719€193,023€208,302€174,038▼ 16.4%
Suppliers440/4€108,719€193,023€208,302€174,038▼ 16.4%
Advances received on contracts in progress46€129,428€43,378€3,190€3,923▲ 23.0%
Taxes, remuneration and social security45€21,265€4,590€4,358€2,638▼ 39.5%
Taxes450/3€3,650€4,240€4,358€2,638▼ 39.5%
Remuneration and social security454/9€17,615€350€0--
Other amounts payable47/48€236€53,210€104,828€30,259▼ 71.1%
Accrued charges and deferred income492/3---€6-
Line2021202220232024Change
Profit (loss) for the period9904€2,622€13,350-€128,926€2,146-
+ Depreciation and write-downs630€26€336€336€336=
Operating cash flow (approximation)€2,648€13,686-€128,590€2,482-
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€13,549€705-€3,366-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2024 abbreviated format 17-04-2025 2025-00071382 PDF
31-12-2023 abbreviated format 17-07-2024 2024-00258430 PDF
31-12-2022 abbreviated format 11-07-2023 2023-00225577 PDF
31-12-2021 abbreviated format 08-07-2022 2022-20162165 PDF