NSG
InactiveInactive; 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 09-10-2024 was due by 09-05-2025 and was filed on 17-02-2025, 81 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2024
81 d early
2023
49 d early
2022
6 d early
2021
6 d early
2020
65 d late
2019
136 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 10 days after 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)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€37,489
2023 · €409,874
Working capital
€829,782▼ 4.3%
2023 · €866,909
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
Line20202021202220232024
Operating result-€14,552▲ 87.0%-€29,779▼ 105%€948,879€544,070▼ 42.7%-€31,872
Net result-€30,057▲ 78.8%-€93,396▼ 211%€717,318€409,874▼ 42.9%-€37,489
Equity-€165,676▼ 22.2%-€259,072▼ 56.4%€458,245€868,119▲ 89.4%€830,629▼ 4.3%
Total assets€650,197▼ 0.1%€3.4m▲ 429%€1.7m▼ 49.6%€1.2m▼ 33.4%€1.2m▲ 0.8%
Debt€815,874▲ 3.7%€3.7m▲ 353%€1.3m▼ 65.6%€284,488▼ 77.7%€331,051▲ 16.4%
Working capital-€212,676▼ 16.5%-€259,072▼ 21.8%€456,310€866,909▲ 90.0%€829,782▼ 4.3%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €31,872 after €544,070 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€847 ▼ 30.0%
Current assets
€1.2m ▲ 0.8%
Equity and liabilities €1.2m
Equity
€830,629 ▼ 4.3%
Debt
€331,051 ▲ 16.4%
Debt's share of the balance-sheet total rises from 24.7% to 28.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€31,510▼
2023 · €544,795
Cash flow
-€37,127▼
2023 · €410,599
Current ratio
3.51▼
2023 · 4.05
Quick ratio
2.10▲
2023 · 1.48
Debt to equity
0.40▲
2023 · 0.33
ROE
-4.5%▼
2023 · 47.2%
ROA
-3.2%▼
2023 · 35.6%
Interest coverage
-110.02▼
2023 · 1307.15
Debt ≤ 1 year
€331,051▲
2023 · €284,488
Income taxes
€5,331▼
2023 · €140,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €241 | €725 | €363 | ▼ 50.0% |
| Other operating charges640/8 | - | €1,821 | €348 | €1,060 | €640 | ▼ 39.6% |
| Gross operating margin9900 | -€12,542 | -€27,958 | €949,467 | €545,856 | -€30,870 | ▼ 106% |
| Operating profit (loss)9901 | -€14,552 | -€29,779 | €948,879 | €544,070 | -€31,872 | ▼ 106% |
| Financial income75/76B | - | - | - | €6,270 | - | - |
| Recurring financial income75 | - | - | - | €6,270 | - | - |
| Financial charges65/66B | - | €63,617 | €74,274 | €417 | €286 | ▼ 31.3% |
| Recurring financial charges65 | €15,505 | €63,617 | €74,274 | €417 | €286 | ▼ 31.3% |
| Profit (loss) for the period before taxes9903 | -€30,057 | -€93,396 | €874,605 | €549,924 | -€32,159 | ▼ 106% |
| Income taxes67/77 | - | - | €157,287 | €140,050 | €5,331 | ▼ 96.2% |
| Profit (loss) for the period9904 | -€30,057 | -€93,396 | €717,318 | €409,874 | -€37,489 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | -€30,057 | -€93,396 | €717,318 | €409,874 | -€37,489 | ▼ 109% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €650,197 | €3.4m | €1.7m | €1.2m | €1.2m | ▲ 0.8% |
| Fixed assets21/28 | €650,000 | - | €1,935 | €1,210 | €847 | ▼ 30.0% |
| Tangible fixed assets22/27 | €650,000 | - | €1,935 | €1,210 | €847 | ▼ 30.0% |
| Furniture and vehicles24 | - | - | €1,935 | €1,210 | €847 | ▼ 30.0% |
| Current assets29/58 | €197 | €3.4m | €1.7m | €1.2m | €1.2m | ▲ 0.8% |
| Stocks and contracts in progress3 | - | €3.4m | €732,769 | €729,827 | €464,966 | ▼ 36.3% |
| Stocks30/36 | - | €3.4m | €732,769 | €729,827 | €464,966 | ▼ 36.3% |
| Amounts receivable within one year40/41 | - | €41,595 | €481,240 | €63,066 | €21,945 | ▼ 65.2% |
| Trade receivables40 | - | - | €468,428 | €28,551 | €11,988 | ▼ 58.0% |
| Other amounts receivable41 | - | €41,595 | €12,812 | €34,515 | €9,957 | ▼ 71.2% |
| Cash at bank and in hand54/58 | €197 | €30,385 | €515,916 | €358,503 | €673,922 | ▲ 88.0% |
| Deferred charges and accrued income490/1 | - | €6,850 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €650,197 | €3.4m | €1.7m | €1.2m | €1.2m | ▲ 0.8% |
| Equity10/15 | -€165,676 | -€259,072 | €458,245 | €868,119 | €830,629 | ▼ 4.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€171,876 | -€265,272 | €452,045 | €861,919 | €824,429 | ▼ 4.3% |
| Amounts payable17/49 | €815,874 | €3.7m | €1.3m | €284,488 | €331,051 | ▲ 16.4% |
| Amounts payable after more than one year17 | €603,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €212,874 | €3.7m | €1.3m | €284,488 | €331,051 | ▲ 16.4% |
| Financial debts43 | - | €1.8m | - | - | - | - |
| Credit institutions430/8 | - | €1.8m | - | - | - | - |
| Trade debts44 | €776 | €10,324 | €303,393 | €274,302 | €262,362 | ▼ 4.4% |
| Suppliers440/4 | - | €10,324 | €303,393 | €274,302 | €262,362 | ▼ 4.4% |
| Advances received on contracts in progress46 | - | €219,250 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €257,806 | - | €58,934 | - |
| Taxes450/3 | - | - | €257,806 | - | €58,934 | - |
| Other amounts payable47/48 | - | €1.6m | €712,416 | €10,186 | €9,756 | ▼ 4.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,057 | -€93,396 | €717,318 | €409,874 | -€37,489 | ▼ 109% |
| + Depreciation and write-downs630 | - | - | €241 | €725 | €363 | ▼ 50.0% |
| Operating cash flow (approximation) | -€30,057 | -€93,396 | €717,558 | €410,599 | -€37,127 | ▼ 109% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €30,188 | €485,531 | -€157,413 | €315,419 | ▲ 300% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.05
Current ratio from 1.36 to 4.05; short-term debt falls from €1.3m to €284,488.
31-12
Financial
Equity above €500,000Eq €868,119 ▲89.4%
2 profitable years in a row build equity to €868,119.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €717,318
Net result €717,318 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €458,245
Equity rises from -€259,072 to €458,245.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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 ownerOwners 1
- Sourceaccounts HALIMMO 202198%
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.