LIST
InactiveOverview
Activity
Activity not known
Size
≈ €150,000turnover 2023, estimated
- Equity
- €114,559
- Profit
- €47,366
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
Auditor: Georges Koslowski1 of 3 deeds summarised
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline31-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-03-2024, 147 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
147 days early
2022
10 days late
2021
1 day early
2020
7 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Resignations & appointments · End &…Appointment: Georges Koslowski (company auditor)…
- Annual accounts filedfinancial year 2023 · micro…
- Back to profitnet €47,366
Financials · financial year 2023, micro format
Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€188,458▲ 12.5%
2022 · €167,513
Net result
€47,366
2022 · -€656
Working capital
€114,559
2022 · -€99,372
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €47,747 after a loss of €289 in 2022, the highest 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€47,747
2023
Net result€47,366
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€188,458
2023
Equity€114,559
2023
Debt€73,899
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€114,559
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€896--€1,024▼ 14.3%€1,956€2,446▲ 25.0%-€289€47,747
Net result-€1,293--€1,415▼ 9.4%€1,629€2,099▲ 28.8%-€656€47,366
Equity€65,537-€64,122▼ 2.2%€65,751▲ 2.5%€67,849▲ 3.2%€67,193▼ 1.0%€114,559▲ 70.5%
Total assets€191,156-€185,776▼ 2.8%€179,080▼ 3.6%€174,667▼ 2.5%€167,513▼ 4.1%€188,458▲ 12.5%
Debt€125,619-€121,655▼ 3.2%€113,329▼ 6.8%€106,818▼ 5.7%€100,319▼ 6.1%€73,899▼ 26.3%
Working capital-€124,123--€120,338▲ 3.0%-€112,648▲ 6.4%-€104,489▲ 7.2%-€99,372▲ 4.9%€114,559
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €188,458
Equity
€114,559 ▲ 70.5%
Debt
€73,899 ▼ 26.3%
Debt's share of the balance-sheet total falls from 59.9% to 39.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47,747▲
2022 · €5,484
Cash flow
€47,366▲
2022 · €5,118
Current ratio
2.55▲
2022 · 0.01
Debt to equity
0.65▼
2022 · 1.49
ROE
41.3%▲
2022 · -1.0%
ROA
25.1%▲
2022 · -0.4%
Interest coverage
over 100▲
2022 · 79.48
Debt ≤ 1 year
€73,899▼
2022 · €100,319
Income taxes
€306▲
2022 · €298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €57,288 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,118 | €6,060 | €6,060 | €6,060 | €5,774 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €2,057 | €2,443 | €2,895 | ▲ 18.5% |
| Gross operating margin9900 | €7,444 | €7,066 | €10,048 | €10,563 | €7,927 | €50,642 | ▲ 539% |
| Operating profit (loss)9901 | -€896 | -€1,024 | €1,956 | €2,446 | -€289 | €47,747 | - |
| Recurring financial income75 | - | €8 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €70 | €69 | €76 | ▲ 9.6% |
| Recurring financial charges65 | €78 | €83 | €66 | €70 | €69 | €76 | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | -€974 | -€1,099 | €1,890 | €2,375 | -€358 | €47,671 | - |
| Income taxes67/77 | €319 | €316 | €260 | €277 | €298 | €306 | ▲ 2.8% |
| Profit (loss) for the period9904 | -€1,293 | -€1,415 | €1,629 | €2,099 | -€656 | €47,366 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,293 | -€1,415 | €1,629 | €2,099 | -€656 | €47,366 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €191,156 | €185,776 | €179,080 | €174,667 | €167,513 | €188,458 | ▲ 12.5% |
| Fixed assets21/28 | €189,660 | €184,460 | €178,399 | €172,339 | €166,565 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €188,906 | €183,706 | €177,646 | €171,585 | €165,812 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €171,585 | €165,812 | €0 | ▼ 100% |
| Financial fixed assets28 | €754 | €754 | €754 | €754 | €754 | €0 | ▼ 100% |
| Current assets29/58 | €1,496 | €1,317 | €681 | €2,328 | €947 | €188,458 | ▲ 199× |
| Amounts receivable within one year40/41 | €252 | €252 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €942 | €827 | €546 | €2,027 | €653 | €188,458 | ▲ 288× |
| Deferred charges and accrued income490/1 | - | - | - | €301 | €294 | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €191,156 | €185,776 | €179,080 | €174,667 | €167,513 | €188,458 | ▲ 12.5% |
| Equity10/15 | €65,537 | €64,122 | €65,751 | €67,849 | €67,193 | €114,559 | ▲ 70.5% |
| Contributions10/11 | €243,600 | €243,600 | - | €243,600 | €243,600 | €243,600 | = |
| Reserves13 | €15,485 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€193,548 | -€181,338 | -€179,708 | -€177,610 | -€178,266 | -€130,900 | ▲ 26.6% |
| Amounts payable17/49 | €125,619 | €121,655 | €113,329 | €106,818 | €100,319 | €73,899 | ▼ 26.3% |
| Amounts payable within one year42/48 | €125,619 | €121,655 | €113,329 | €106,818 | €100,319 | €73,899 | ▼ 26.3% |
| Trade debts44 | €1,756 | €2,589 | €1,329 | €1,271 | €1,514 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €1,271 | €1,514 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €537 | €574 | €306 | ▼ 46.7% |
| Taxes450/3 | - | - | - | €537 | €574 | €306 | ▼ 46.7% |
| Other amounts payable47/48 | - | - | - | €105,009 | €98,231 | €73,593 | ▼ 25.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,293 | -€1,415 | €1,629 | €2,099 | -€656 | €47,366 | - |
| + Depreciation and write-downs630 | €6,118 | €6,060 | €6,060 | €6,060 | €5,774 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €4,824 | €4,645 | €7,690 | €8,159 | €5,118 | €47,366 | ▲ 826% |
| Investment in fixed assets (approximation) | - | -€860 | €0 | €0 | €0 | €166,565 | - |
| Change in cash | - | -€115 | -€281 | €1,481 | -€1,374 | €187,804 | - |
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 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 06-03-2024 | 2024-00042271 |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00330973 |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20251895 |
| 31-12-2020 | micro format | 24-07-2021 | 2021-39400098 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-37600547 |
| 31-12-2018 | micro format | 24-07-2019 | 2019-37200172 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-53300117 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52300113 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-51400188 |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-61100515 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2024
Statutory auditor 1
Georges Koslowski
CurrentCompany auditor · since 05-06-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 1 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Georges Koslowski |
|
| Marc Sterck |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2024
05-06
Gazette deed
Resignations & appointments · End & cessationAppointment: Georges Koslowski (company auditor) · Resignation: Marc Sterck (sole director) · Auditor report12 facts ▸
Gazette deed
Resignations & appointments · End & cessation
Appointment: Georges Koslowski (company auditor) · Resignation: Marc Sterck (sole director) · Auditor report12 facts ▸
- General meeting, 25-04-2024
- Other provision, “kennisname verslag bestuursorgaan en staat van activa en passiva, voorstel tot ontbinding van de vennootschap” (deed in Dutch)
- Auditor appointment, Georges Koslowski (company auditor)
- Auditor report, EUR, “norm van het Instituut van de Bedrijfsrevisoren” (deed in Dutch)
- Dissolution, 25-04-2024
- Director resignation, Marc Sterck (sole director)
- Director discharge, Marc Sterck (director)
- Liquidation closure, 25-04-2024
- Liquidation distribution, “terugname resterend actief door aandeelhouders proportioneel aan aandelenbezit, behoudens negatief vereffeningsaldo” (deed in Dutch)
- Custody of records, “9300 Aalst,Marktweg 24/0031, bij de wet verplichte termijn” (deed in Dutch)
- Other provision, “consignatie van gelden en waarden voor schuldeisers” (deed in Dutch)
- Power of attorney, Marc Sterck
06-03
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Back to profitnet €47,366
Net result €47,366 after one loss-making year.
31-12
Financial
Liquidity times 270current ratio 2.55
Current ratio from 0.01 to 2.55; short-term debt falls from €100,319 to €73,899.
31-12
Financial
Equity above €100,000equity €114,559 ▲70.5%
Equity rises from €67,193 to €114,559.
10-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 10 days late
2022
30-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
24-07
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Back to profitnet €1,629
Net result €1,629 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial
Weakest financial yearnet -€1,415
Net result drops to -€1,415, the lowest in the series.
24-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 30 days late
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 31 days late
2016
31-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 31 days late
2015
30-09
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 61 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive
LIST is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Marktweg 24, Bus 31, 9300 Aalstas published on 5 June 2024
- Legal form
- Private limited company (pre-2019)
- Active since
- 1988 (first annual accounts)
Environmental permits
2 applications in Flanders since 2023 · 1 granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.