MACHVAN
InactiveFinancials · financial year 2024, micro format
Equity
€884,976▲ 70.5%
2023 · €519,022
Total assets
€1.0m▲ 77.1%
2023 · €564,904
Net result
€365,954▲ 167%
2023 · €137,003
Working capital
€888,940▲ 85.8%
2023 · €478,471
Trend over the years
2023 to 2024, 2 financial years
The operating result turns negative in 2024: a loss of €17,287 after €4,832 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2024
Net result€0.4m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2024
Equity€0.9m
2024
Debt€0.1m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.9m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€0.005m--€0.02m
Net result€0.1m-€0.4m▲ 167%
Equity€0.5m-€0.9m▲ 70.5%
Total assets€0.6m-€1.0m▲ 77.1%
Debt€0.05m-€0.1m▲ 152%
Working capital€0.5m-€0.9m▲ 85.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.0m
Equity
€884,976 ▲ 70.5%
Debt
€115,594 ▲ 152%
Debt's share of the balance-sheet total rises from 8.1% to 11.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
8.96▼
2023 · 11.77
Debt to equity
0.13▲
2023 · 0.09
ROE
41.4%▲
2023 · 26.4%
ROA
36.6%▲
2023 · 24.3%
Debt ≤ 1 year
€111,631▲
2023 · €44,433
Income taxes
€172,608▲
2023 · €64,284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €597 | €654 | ▲ 9.5% |
| Gross operating margin9900 | €5,430 | -€16,633 | - |
| Operating profit (loss)9901 | €4,832 | -€17,287 | - |
| Financial income75/76B | €197,972 | €559,879 | ▲ 183% |
| Recurring financial income75 | €197,972 | €559,879 | ▲ 183% |
| Financial charges65/66B | €1,517 | €4,030 | ▲ 166% |
| Recurring financial charges65 | €1,517 | €4,030 | ▲ 166% |
| Profit (loss) for the period before taxes9903 | €201,287 | €538,562 | ▲ 168% |
| Income taxes67/77 | €64,284 | €172,608 | ▲ 169% |
| Profit (loss) for the period9904 | €137,003 | €365,954 | ▲ 167% |
| Profit (loss) for the period to be appropriated9905 | €137,003 | €365,954 | ▲ 167% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.6m | €1.0m | ▲ 77.1% |
| Fixed assets21/28 | €0.04m | - | - |
| Financial fixed assets28 | €0.04m | - | - |
| Current assets29/58 | €0.5m | €1.0m | ▲ 91.3% |
| Amounts receivable within one year40/41 | €0.001m | - | - |
| Other amounts receivable41 | €0.001m | - | - |
| Current investments50/53 | - | €1.0m | - |
| Cash at bank and in hand54/58 | €0.5m | €0.001m | ▼ 99.9% |
| Deferred charges and accrued income490/1 | €238 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.6m | €1.0m | ▲ 77.1% |
| Equity10/15 | €0.5m | €0.9m | ▲ 70.5% |
| Contributions10/11 | €0.02m | €0.02m | = |
| Reserves13 | €0.5m | €0.9m | ▲ 73.7% |
| Non-distributable reserves130/1 | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | €0.002m | €0.002m | = |
| Distributable reserves133 | €0.5m | €0.9m | ▲ 74.0% |
| Profit (loss) carried forward14 | €0.002m | €0.002m | = |
| Amounts payable17/49 | €0.05m | €0.1m | ▲ 152% |
| Amounts payable within one year42/48 | €0.04m | €0.1m | ▲ 151% |
| Trade debts44 | €0.006m | - | - |
| Suppliers440/4 | €0.006m | - | - |
| Taxes, remuneration and social security45 | €0.005m | €0.006m | ▲ 14.0% |
| Taxes450/3 | €0.005m | €0.006m | ▲ 14.0% |
| Other amounts payable47/48 | €0.03m | €0.1m | ▲ 215% |
| Accrued charges and deferred income492/3 | €0.001m | €0.004m | ▲ 173% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €137,003 | €365,954 | ▲ 167% |
| Operating cash flow (approximation) | €137,003 | €365,954 | ▲ 167% |
| Change in cash | - | -€520,845 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2024 | micro format | 29-10-2024 | 2024-00526133 |
| 31-03-2023 | micro format | 31-01-2024 | 2024-00025033 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.