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ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 30 April 2025 The financial year closed on 30 September 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2023 filed on 31-05-2024 PDF all 19 filings
Equity
€29,592▼ 54.9%
2022 · €65,599
Total assets
€56,413▼ 43.3%
2022 · €99,545
Net result
-€21,847
2022 · €40,072
Working capital
€33,729▼ 56.1%
2022 · €76,826
Multi-year overview
2019 to 2023, 5 financial yearsOperating result
-€21,616
2023
20192023
Net result
-€21,847
2023
lowest quarter of the sector
20192023
Equity
€29,592
▼ 54.9%
2023
middle half of the sector
20192023
Total assets
€56,413
▼ 43.3%
2023
lowest quarter of the sector
20192023
Debt
€21,821
▼ 24.6%
2023
20192023
Working capital
€33,729
▼ 56.1%
2023
middle half of the sector
20192023
Solvency
52.5%
▼ 13.4pp
2023
middle half of the sector
20192023
Current ratio
2.55
▼ 1.97
2023
highest quarter of the sector
20192023
Return on assets (ROA)
-38.7%
▼ 79.0pp
2023
lowest quarter of the sector
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result-€33,641--€41,369▼ 23.0%€14,834€40,252▲ 171%-€21,616
Net result-€748-€1,681within the sector's middle half€11,519within the sector's middle half▲ 585%€40,072above the sector's middle half▲ 248%-€21,847below the sector's middle half
Equity€12,327-€14,008within the sector's middle half▲ 13.6%€25,527within the sector's middle half▲ 82.2%€65,599within the sector's middle half▲ 157%€29,592within the sector's middle half▼ 54.9%
Total assets€162,318-€102,093within the sector's middle half▼ 37.1%€87,495within the sector's middle half▼ 14.3%€99,545within the sector's middle half▲ 13.8%€56,413below the sector's middle half▼ 43.3%
Debt€144,991-€83,085▼ 42.7%€56,967▼ 31.4%€28,947▼ 49.2%€21,821▼ 24.6%
Working capital€134,451-€99,116above the sector's middle half▼ 26.3%€73,721above the sector's middle half▼ 25.6%€76,826above the sector's middle half▲ 4.2%€33,729within the sector's middle half▼ 56.1%
Solvency7.6%-13.7%within the sector's middle half▲ 6.1pp29.2%within the sector's middle half▲ 15.5pp65.9%above the sector's middle half▲ 36.7pp52.5%within the sector's middle half▼ 13.4pp
Current ratio6.00-49.15above the sector's middle half▲ 43.166.71above the sector's middle half▼ 42.444.52above the sector's middle half▼ 2.202.55above the sector's middle half▼ 1.97
Return on assets (ROA)-0.5%-1.6%within the sector's middle half▲ 2.1pp13.2%above the sector's middle half▲ 11.5pp40.3%above the sector's middle half▲ 27.1pp-38.7%below the sector's middle half▼ 79.0pp
above
within
below
The sector band is the middle half of the companies in Rental and leasing activities (NACE 77). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is a loss of €21,616, after a profit of €40,252 in 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €56,413
Fixed assets
€862 =
Current assets
€55,550 ▼ 43.7%
Equity and liabilities €56,413
Equity
€29,592 ▼ 54.9%
Provisions
€5,000 =
Debt
€21,821 ▼ 24.6%
Debt's share of the balance-sheet total rises from 29.1% to 38.7%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.74▲
2022 · 0.44
ROE
-73.8%▼
2022 · 61.1%
Debt ≤ 1 year
€21,821▼
2022 · €21,857
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €56,669 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54 | €54 | €54 | €2 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €70,000 | - | - | - |
| Other operating charges640/8 | - | - | €286 | €639 | €344 | ▼ 46.2% |
| Gross operating margin9900 | €42,705 | €44,123 | €85,174 | €40,893 | -€21,272 | - |
| Operating profit (loss)9901 | -€33,641 | -€41,369 | €14,834 | €40,252 | -€21,616 | - |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | €42,000 | €43,996 | €0 | - | - | - |
| Financial charges65/66B | - | - | €181 | €180 | €231 | ▲ 28.1% |
| Recurring financial charges65 | €212 | €239 | €181 | €180 | €231 | ▲ 28.1% |
| Profit (loss) for the period before taxes9903 | €8,147 | €2,388 | €14,653 | €40,072 | -€21,847 | - |
| Income taxes67/77 | €8,896 | €707 | €3,134 | - | - | - |
| Profit (loss) for the period9904 | -€748 | €1,681 | €11,519 | €40,072 | -€21,847 | - |
| Profit (loss) for the period to be appropriated9905 | -€748 | €1,681 | €11,519 | €40,072 | -€21,847 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,318 | €102,093 | €87,495 | €99,545 | €56,413 | ▼ 43.3% |
| Fixed assets21/28 | €972 | €918 | €865 | €862 | €862 | = |
| Tangible fixed assets22/27 | €172 | €118 | €65 | €62 | €62 | = |
| Furniture and vehicles24 | - | - | €65 | €62 | €62 | = |
| Financial fixed assets28 | €800 | €800 | €800 | €800 | €800 | = |
| Current assets29/58 | €161,345 | €101,174 | €86,630 | €98,683 | €55,550 | ▼ 43.7% |
| Amounts receivable after more than one year29 | - | - | €8,776 | €36,531 | €36,531 | = |
| Other amounts receivable291 | - | - | €8,776 | €36,531 | €36,531 | = |
| Amounts receivable within one year40/41 | €83,223 | €16,451 | €21,449 | €10,255 | €7,375 | ▼ 28.1% |
| Trade receivables40 | - | - | €19,826 | €6,666 | - | - |
| Other amounts receivable41 | - | - | €1,623 | €3,589 | €7,375 | ▲ 106% |
| Cash at bank and in hand54/58 | €62,062 | €72,371 | €50,683 | €49,872 | €10,328 | ▼ 79.3% |
| Deferred charges and accrued income490/1 | - | - | €5,722 | €2,025 | €1,316 | ▼ 35.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,318 | €102,093 | €87,495 | €99,545 | €56,413 | ▼ 43.3% |
| Equity10/15 | €12,327 | €14,008 | €25,527 | €65,599 | €29,592 | ▼ 54.9% |
| Contributions10/11 | €6,307 | €6,307 | €6,307 | €6,307 | €6,307 | = |
| Capital10 | - | - | €6,307 | €6,307 | €6,307 | = |
| Issued capital100 | - | - | €18,550 | €18,550 | €18,550 | = |
| Uncalled capital101 | - | - | €12,243 | €12,243 | €12,243 | = |
| Reserves13 | €6,857 | €6,857 | €6,857 | €6,857 | €6,857 | = |
| Non-distributable reserves130/1 | - | - | €1,855 | €1,855 | €1,855 | = |
| Legal reserve130 | - | - | €1,855 | €1,855 | €1,855 | = |
| Tax-exempt reserves132 | - | - | €5,002 | €5,002 | €5,002 | = |
| Profit (loss) carried forward14 | -€837 | €844 | €12,363 | €52,435 | €16,428 | ▼ 68.7% |
| Provisions and deferred taxes16 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Provisions for liabilities and charges160/5 | - | - | €5,000 | €5,000 | €5,000 | = |
| Environmental obligations163 | - | - | €5,000 | €5,000 | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €5,000 | - |
| Amounts payable17/49 | €144,991 | €83,085 | €56,967 | €28,947 | €21,821 | ▼ 24.6% |
| Amounts payable within one year42/48 | €26,895 | €2,058 | €12,909 | €21,857 | €21,821 | ▼ 0.2% |
| Trade debts44 | €25,929 | €925 | €7,862 | €7,008 | €6,439 | ▼ 8.1% |
| Suppliers440/4 | - | - | €7,862 | €7,008 | €6,439 | ▼ 8.1% |
| Taxes, remuneration and social security45 | - | - | €5,047 | €6,807 | €15,383 | ▲ 126% |
| Taxes450/3 | - | - | €5,047 | €6,807 | €15,383 | ▲ 126% |
| Other amounts payable47/48 | - | - | - | €8,041 | - | - |
| Accrued charges and deferred income492/3 | - | - | €44,058 | €7,090 | €0 | ▼ 100.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€748 | €1,681 | €11,519 | €40,072 | -€21,847 | - |
| + Depreciation and write-downs630 | €54 | €54 | €54 | €2 | - | - |
| Operating cash flow (approximation) | -€695 | €1,735 | €11,573 | €40,074 | -€21,847 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €10,308 | -€21,688 | -€811 | -€39,544 | ▼ 4,777% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 31-05-2024 | 2024-00103382 | |
| 30-09-2022 | micro format | 31-05-2023 | 2023-00103116 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20037976 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12000257 | |
| 30-09-2019 | micro format | 29-05-2020 | 2020-13200539 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-10900289 | |
| 30-09-2017 | micro format | 31-05-2018 | 2018-14400553 | |
| 30-09-2016 | abbreviated format | 17-03-2017 | 2017-06500070 | |
| 30-09-2015 | abbreviated format | 29-04-2016 | 2016-11200518 | |
| 30-09-2014 | abbreviated format | 22-04-2015 | 2015-10100171 |