RSC ET DATA
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 30-01-2025 PDF all 24 filings
Turnover
≈ €170,000
Estimated: probably between €130,000 and €220,000
EBIT margin
Not included in this filing
Net result
€21,015▲ 267%
2023 · €5,724
Working capital
-€542,744▼ 6.7%
2023 · -€508,870
Multi-year overview
2019 to 2024, 5 financial yearsOperating result
€43,658
▲ 39.1%
2024
20192024
Net result
€21,015
▲ 267%
2024
middle half of the sector
20192024
Equity
-€161,115
▲ 11.5%
2024
lowest quarter of the sector
20192024
Total assets
€799,588
▼ 2.0%
2024
highest quarter of the sector
20192024
Debt
€960,703
▼ 3.8%
2024
20192024
Working capital
-€542,744
▼ 6.7%
2024
lowest quarter of the sector
20192024
Solvency
-20.1%
▲ 2.2pp
2024
lowest quarter of the sector
20192024
Current ratio
0.02
▼ 0.03
2024
lowest quarter of the sector
20192024
Return on assets (ROA)
2.6%
▲ 1.9pp
2024
lowest quarter of the sector
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202220232024
Operating result€0.03m-€0.03m▲ 7.6%€0.03m-€0.03m▼ 4.5%€0.04m▲ 39.1%
Net result-€0.01m--€0.003mbelow the sector's middle half▲ 69.9%€0.005mwithin the sector's middle half-€0.006mwithin the sector's middle half▲ 12.1%€0.02mwithin the sector's middle half▲ 267%
Equity-€0.2m--€0.2mbelow the sector's middle half▼ 1.6%-€0.2mbelow the sector's middle half--€0.2mbelow the sector's middle half▲ 3.0%-€0.2mbelow the sector's middle half▲ 11.5%
Total assets€0.8m-€0.8mwithin the sector's middle half▼ 4.3%€0.8mabove the sector's middle half-€0.8mabove the sector's middle half▲ 0.5%€0.8mabove the sector's middle half▼ 2.0%
Debt€1.0m-€1.0m▼ 3.1%€1.0m-€1.0m▼ 0.2%€1.0m▼ 3.8%
Working capital-€0.3m--€0.4mbelow the sector's middle half▼ 17.6%-€0.5mbelow the sector's middle half--€0.5mbelow the sector's middle half▼ 12.1%-€0.5mbelow the sector's middle half▼ 6.7%
Solvency-24.3%--25.8%below the sector's middle half▼ 1.5pp-23.1%below the sector's middle half--22.3%below the sector's middle half▲ 0.8pp-20.1%below the sector's middle half▲ 2.2pp
Current ratio0.16-0.04below the sector's middle half▼ 0.120.05below the sector's middle half-0.05below the sector's middle half=0.02below the sector's middle half▼ 0.03
Return on assets (ROA)-1.3%--0.4%below the sector's middle half▲ 0.9pp0.6%below the sector's middle half-0.7%below the sector's middle half▲ 0.1pp2.6%below the sector's middle half▲ 1.9pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). 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 2024 is 39% higher than in 2023 and the highest since 2019. It is a recovery after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €799,588
Fixed assets
€788,330 =
Current assets
€11,259 ▼ 59.0%
Equity and liabilities
Equity-€161,115
Debt€960,703
Equity is negative. Debt (€960,703) exceeds the balance-sheet total (€799,588).
Key figures and ratios
EBITDA
€43,907▲
2023 · €31,632
Cash flow
€21,263▲
2023 · €5,973
Quick ratio
0.01▼
2023 · 0.05
Interest coverage
1.94▲
2023 · 1.23
Debt ≤ 1 year
€554,002▲
2023 · €536,363
Debt > 1 year
€406,701▼
2023 · €461,838
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,633 | - | - | €249 | €249 | = |
| Other operating charges640/8 | - | - | €811 | €1,096 | €4,180 | ▲ 281% |
| Gross operating margin9900 | €31,105 | €31,442 | €33,664 | €32,728 | €48,087 | ▲ 46.9% |
| Operating profit (loss)9901 | €27,506 | €29,595 | €32,853 | €31,383 | €43,658 | ▲ 39.1% |
| Financial income75/76B | - | - | €3 | - | - | - |
| Recurring financial income75 | - | - | €3 | - | - | - |
| Financial charges65/66B | - | - | €27,750 | €25,659 | €22,643 | ▼ 11.8% |
| Recurring financial charges65 | €37,893 | €32,719 | €27,750 | €25,659 | €22,643 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | -€10,387 | -€3,124 | €5,106 | €5,724 | €21,015 | ▲ 267% |
| Profit (loss) for the period9904 | -€10,387 | -€3,124 | €5,106 | €5,724 | €21,015 | ▲ 267% |
| Profit (loss) for the period to be appropriated9905 | -€10,387 | -€3,124 | €5,106 | €5,724 | €21,015 | ▲ 267% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 2.0% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Land and buildings22 | - | - | €0.7m | €0.7m | €0.7m | = |
| Plant, machinery and equipment23 | - | - | €497 | €249 | - | - |
| Furniture and vehicles24 | - | - | €0.005m | €0.005m | €0.005m | = |
| Other tangible fixed assets26 | - | - | €0.1m | €0.1m | €0.1m | = |
| Financial fixed assets28 | €107 | €107 | €107 | €107 | €107 | = |
| Current assets29/58 | €0.06m | €0.02m | €0.02m | €0.03m | €0.01m | ▼ 59.0% |
| Stocks and contracts in progress3 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Stocks30/36 | - | - | €0.003m | €0.003m | €0.003m | = |
| Amounts receivable within one year40/41 | €0.06m | €0.01m | €0.02m | €0.02m | €0.005m | ▼ 79.0% |
| Trade receivables40 | - | - | €0.02m | €0.02m | €0.005m | ▼ 79.0% |
| Cash at bank and in hand54/58 | - | - | - | - | €0.003m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 2.0% |
| Equity10/15 | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | ▲ 11.5% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 10.0% |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | - | - |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | - | - |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | - | - |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | ▲ 10.4% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 3.8% |
| Amounts payable after more than one year17 | €0.7m | €0.6m | €0.5m | €0.5m | €0.4m | ▼ 11.9% |
| Financial debts170/4 | - | - | €0.5m | €0.5m | €0.4m | ▼ 11.9% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.05m | €0.06m | €0.06m | ▲ 3.3% |
| Financial debts43 | - | - | €0.02m | €0.02m | - | - |
| Credit institutions430/8 | - | - | €0.02m | €0.02m | - | - |
| Trade debts44 | €0.02m | €0.009m | €0.02m | €0.01m | €0.01m | ▲ 9.3% |
| Suppliers440/4 | - | - | €0.02m | €0.01m | €0.01m | ▲ 9.3% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.01m | €0.001m | ▼ 95.1% |
| Taxes450/3 | - | - | €0.01m | €0.01m | €0.001m | ▼ 95.1% |
| Other amounts payable47/48 | - | - | €0.4m | €0.4m | €0.5m | ▲ 11.9% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,387 | -€3,124 | €5,106 | €5,724 | €21,015 | ▲ 267% |
| + Depreciation and write-downs630 | €1,633 | - | - | €249 | €249 | = |
| Operating cash flow (approximation) | -€8,753 | -€3,124 | €5,106 | €5,973 | €21,263 | ▲ 256% |
| Investment in fixed assets (approximation) | - | -€9,234 | - | €0 | €0 | - |
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 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 30-01-2025 | 2025-00020603 | |
| 30-06-2023 | micro format | 06-02-2024 | 2024-00027755 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00010397 | |
| 30-06-2020 | full format | 30-01-2021 | 2021-04100085 | |
| 30-06-2019 | abbreviated format | 02-11-2020 | 2020-67800241 | |
| 30-06-2017 | abbreviated format | 01-03-2018 | 2018-06200204 | |
| 30-06-2016 | full format | 22-02-2017 | 2017-05200580 | |
| 30-06-2015 | abbreviated format | 15-03-2016 | 2016-06500246 | |
| 30-06-2014 | abbreviated format | 09-03-2015 | 2015-06000146 | |
| 30-06-2013 | full format | 28-02-2014 | 2014-05900126 |