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M&E

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BE 0700.560.031
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Turnover€220k
EBIT margin7.7%
Net result€10k-15.0%
Working capital€58k+29.1%
Directors1
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Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 27-11-2024 with the NBB · fiscal year 2023 · micro
€0€100k€200kOperating result 2019: €6k€6kNet result 2019: €9k€9kOperating result 2020: €19k€19kNet result 2020: €26k€26kRevenue 2021: €220k€220kOperating result 2021: €17k€17kNet result 2021: €12k€12kOperating result 2022: €11k€11kNet result 2022: €10k€10k2019202020212022
RevenueOperating resultNet result
Revenue
€220k
19–22
EBITDA
€14k
-29.2% 19–22
Net profit
€10k
-15.0% 19–22
Cash flow
€13k
-8.3% 19–22
Total assets
€125k
+4.9% 19–22
Equity
€67k
+17.3% 19–22
Working capital
€58k
+29.1% 19–22
Employees (FTE)
2
+533.3% 19–22
Staff costs
€62k
+415.5% 19–22
Income taxes
€0
19–22
Dividends
€0
19–22
Debt
€58k
-6.5% 19–22
Debt ≤ 1y
€38k
-9.5% 19–22
Debt > 1y
€19k
0.0% 19–22
Current ratio
2.51
+22.0% 19–22
Quick ratio
2.51
+22.0% 19–22
Solvency
53.8%
+11.8% 19–22
Debt / equity
0.86
-20.3% 19–22
ROE
14.8%
-27.5% 19–22
ROA
7.9%
-19.0% 19–22
Net margin
5.3%
19–22
EBITDA margin
8.9%
19–22
Interest coverage
16.90
+361.8% 19–22
Figures by fiscal year
Fiscal year2022
Revenue
EBITDA€14k
Net profit€10k
Cash flow€13k
Staff costs€62k
Income taxes
Dividends
Total assets€125k
Equity€67k
Debt€58k
of which ≤ 1y€38k
of which > 1y€19k
Working capital€58k
Employees (FTE)1.9
Ratios (computed)
2022
Current ratio2.51
Quick ratio2.51
Working capital ratio46.6%
Solvency53.8%
Debt / equity0.86
Long-term debt ratio0.29
Interest coverage16.90
Gross margin
Net margin
ROA7.9%
ROE14.8%
EBITDA margin
Days sales outstanding
Days payable outstanding10d
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€125k
Fixed assets 21/28€28k
Tangible fixed assets 22/27€6k
Financial fixed assets 28€22k
Current assets 29/58€97k
Amounts receivable within one year 40/41€90k
Cash & bank 54/58€6k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€125k
Equity 10/15€67k
Contributions / capital 10/11€19k
Reserves 13€888
Accumulated profits (losses) 14€48k
Amounts payable 17/49€58k
Amounts payable after one year 17€19k
Amounts payable within one year 42/48€38k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€79k
Operating result 9901€11k
Financial charges 65€824
Result before taxes 9903€10k
Net result for the period 9904€10k
Result to be appropriated 9905€10k
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Ratios computed by Checked.

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FY 2022 · computed
33 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.