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S2N neuroimaging

Active
Private limited companyfounded 2023active for 3 yearsGraystraat 56, 1040 Etterbeek, BelgiumKBO/BCE: BE 0805.893.321

Financials · financial year 2024, micro format

2024 annual accounts filed 287 days after the deadline Filed on 14 May 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00111037.

Annual accounts 2024 filed on 14-05-2026 PDF

Turnover
≈ €270,000
Estimated: probably between €180,000 and €470,000
Total assets
€80,753
Net result
€55,848
Working capital
€58,848

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €80,753
Equity €58,848
Debt €21,904
Debt's share of the balance-sheet total is 27.1%.
Key figures and ratios
2024 value
Current ratio
3.69
Debt to equity
0.37
ROE
94.9%
ROA
69.2%
Debt ≤ 1 year
€21,904
Income taxes
€18,720
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 24 lines
Balance sheet Code2024
Assets
Total assets20/58€80,753
Current assets29/58€80,753
Cash at bank and in hand54/58€80,753
Equity and liabilities
Total equity and liabilities10/49€80,753
Equity10/15€58,848
Contributions10/11€3,000
Profit (loss) carried forward14€55,848
Amounts payable17/49€21,904
Amounts payable within one year42/48€21,904
Taxes, remuneration and social security45€18,720
Taxes450/3€18,720
Other amounts payable47/48€3,184
Income statement Code2024
Other operating charges640/8€14,393
Gross operating margin9900€89,918
Operating profit (loss)9901€75,525
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€957
Recurring financial charges65€957
Profit (loss) for the period before taxes9903€74,568
Income taxes67/77€18,720
Profit (loss) for the period9904€55,848
Profit (loss) for the period to be appropriated9905€55,848
Appropriation of the result
Profit (loss) to be appropriated9906€55,848

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 14-05-2026.

Line2024
Other operating charges640/8€14,393
Gross operating margin9900€89,918
Operating profit (loss)9901€75,525
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€957
Recurring financial charges65€957
Profit (loss) for the period before taxes9903€74,568
Income taxes67/77€18,720
Profit (loss) for the period9904€55,848
Profit (loss) for the period to be appropriated9905€55,848
Line2024
Assets
Total assets20/58€80,753
Current assets29/58€80,753
Cash at bank and in hand54/58€80,753
Equity and liabilities
Total equity and liabilities10/49€80,753
Equity10/15€58,848
Contributions10/11€3,000
Profit (loss) carried forward14€55,848
Amounts payable17/49€21,904
Amounts payable within one year42/48€21,904
Taxes, remuneration and social security45€18,720
Taxes450/3€18,720
Other amounts payable47/48€3,184
Line2024
Profit (loss) for the period9904€55,848
Operating cash flow (approximation)€55,848

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 39,278 companies had the same profile as S2N neuroimaging has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.9% was still going
2.3% stopped otherwise
1.8% went bankrupt

The bankruptcy probability of S2N neuroimaging itself is higher: 5.5% within 12 months. It rests on far more data about S2N neuroimaging than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for S2N neuroimaging. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 14-05-2026 2026-00111037 PDF

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