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Inactive
KBO/BCE: BE 0741.388.222

Inactive; last annual accounts for fiscal year 2024.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-04-2025, 100 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
100 d early
2023
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€127,976▲ 35.9%
2023 · €94,146
Total assets
€162,532▼ 44.5%
2023 · €292,922
Net result
€33,830▼ 9.0%
2023 · €37,188
Working capital
€127,976▲ 41.4%
2023 · €90,532
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€13,723-€34,063▲ 148%
Net result€37,188-€33,830▼ 9.0%
Equity€94,146-€127,976▲ 35.9%
Total assets€292,922-€162,532▼ 44.5%
Debt€198,776-€34,556▼ 82.6%
Working capital€90,532-€127,976▲ 41.4%
Staff (FTE)10.2-5.6▼ 45.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2023: €13,723€13,723Net result 2023: €37,188€37,188Operating result 2024: €34,063€34,063Net result 2024: €33,830€33,83020232024€0€10,000€20,000€30,000€40,000Operating result 2023: €13,723€13,700Net result 2023: €37,188€37,200Operating result 2024: €34,063€34,100Net result 2024: €33,830€33,80020232024
The operating result rises in 2024; 2024 is 148% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €162,532
Equity €127,976 ▲ 35.9%
Debt €34,556 ▼ 82.6%
Debt's share of the balance-sheet total falls from 67.9% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
4.70▲
2023 · 1.46
Debt to equity
0.27▼
2023 · 2.11
ROE
26.4%▼
2023 · 39.5%
ROA
20.8%▲
2023 · 12.7%
Debt ≤ 1 year
€34,556▼
2023 · €198,776
Income taxes
€6,273▲
2023 · €793
Staff costs
€182,821▼
2023 · €434,919
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 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€292,922€162,532▼
Fixed assets21/28€3,613-
Tangible fixed assets22/27€3,613-
Plant, machinery and equipment23€3,530-
Furniture and vehicles24€84-
Current assets29/58€289,309€162,532▼
Amounts receivable within one year40/41€161,006€33,232▼
Trade receivables40€160,472€31,735▼
Other amounts receivable41€534€1,496▲
Cash at bank and in hand54/58€126,466€129,301▲
Deferred charges and accrued income490/1€1,837-
Equity and liabilities
Total equity and liabilities10/49€292,922€162,532▼
Equity10/15€94,146€127,976▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€89,146€122,976▲
Amounts payable17/49€198,776€34,556▼
Amounts payable within one year42/48€198,776€34,556▼
Trade debts44€134,772€12,627▼
Suppliers440/4€134,772€12,627▼
Taxes, remuneration and social security45€64,004€21,929▼
Taxes450/3€33,821€8,081▼
Remuneration and social security454/9€30,184€13,848▼
Income statement Code20232024
Remuneration, social security and pensions62€434,919€182,821▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,410-
Other operating charges640/8€1,404€204▼
Gross operating margin9900€452,455€217,088▼
Operating profit (loss)9901€13,723€34,063▲
Financial income75/76B€24,258€6,220▼
Recurring financial income75€1,672€6,220▲
Non-recurring financial income76B€22,586-
Financial charges65/66B-€181
Recurring financial charges65-€181
Profit (loss) for the period before taxes9903€37,980€40,103▲
Income taxes67/77€793€6,273▲
Profit (loss) for the period9904€37,188€33,830▼
Profit (loss) for the period to be appropriated9905€37,188€33,830▼
Appropriation of the result
Profit (loss) to be appropriated9906€89,146€122,976▲
Profit (loss) brought forward from the previous period14P€51,958€89,146▲
Social balance
Average headcount (FTE)908710.25.6▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€434,919€182,821▼ 58.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,410--
Other operating charges640/8€1,404€204▼ 85.5%
Gross operating margin9900€452,455€217,088▼ 52.0%
Operating profit (loss)9901€13,723€34,063▲ 148%
Financial income75/76B€24,258€6,220▼ 74.4%
Recurring financial income75€1,672€6,220▲ 272%
Non-recurring financial income76B€22,586--
Financial charges65/66B-€181-
Recurring financial charges65-€181-
Profit (loss) for the period before taxes9903€37,980€40,103▲ 5.6%
Income taxes67/77€793€6,273▲ 691%
Profit (loss) for the period9904€37,188€33,830▼ 9.0%
Profit (loss) for the period to be appropriated9905€37,188€33,830▼ 9.0%
Line20232024Change
Assets
Total assets20/58€292,922€162,532▼ 44.5%
Fixed assets21/28€3,613--
Tangible fixed assets22/27€3,613--
Plant, machinery and equipment23€3,530--
Furniture and vehicles24€84--
Current assets29/58€289,309€162,532▼ 43.8%
Amounts receivable within one year40/41€161,006€33,232▼ 79.4%
Trade receivables40€160,472€31,735▼ 80.2%
Other amounts receivable41€534€1,496▲ 180%
Cash at bank and in hand54/58€126,466€129,301▲ 2.2%
Deferred charges and accrued income490/1€1,837--
Equity and liabilities
Total equity and liabilities10/49€292,922€162,532▼ 44.5%
Equity10/15€94,146€127,976▲ 35.9%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€89,146€122,976▲ 37.9%
Amounts payable17/49€198,776€34,556▼ 82.6%
Amounts payable within one year42/48€198,776€34,556▼ 82.6%
Trade debts44€134,772€12,627▼ 90.6%
Suppliers440/4€134,772€12,627▼ 90.6%
Taxes, remuneration and social security45€64,004€21,929▼ 65.7%
Taxes450/3€33,821€8,081▼ 76.1%
Remuneration and social security454/9€30,184€13,848▼ 54.1%
Line20232024Change
Profit (loss) for the period9904€37,188€33,830▼ 9.0%
+ Depreciation and write-downs630€2,410--
Operating cash flow (approximation)€39,598€33,830▼ 14.6%
Change in cash-€2,835-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
22-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity triplescurrent ratio 4.70
Current ratio from 1.46 to 4.70; short-term debt falls from €198,776 to €34,556.
31-12
Financial Equity above €100,000Eq €127,976 ▲35.9%
2 profitable years in a row build equity to €127,976.
08-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.