SAUC-IT
InactiveFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 30-01-2025 PDF all 4 filings
Turnover
≈ €280,000
Estimated: probably between €170,000 and €520,000
Total assets
€236,417▼ 28.7%
2022 · €331,552
Net result
€20,302
2023 · -€144,816
Working capital
-€216,513▼ 71.1%
2022 · -€126,560
Multi-year overview
2021 to 2024, 4 financial yearsOperating result
-€75,628
▲ 45.3%
2024
20212024
Net result
€20,302
2024
20212024
Equity
no figure
2024
20212024
Total assets
no figure
2024
20212024
Debt
no figure
2024
20212024
Working capital
no figure
2024
20212024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Operating result-€132,666-€10,977-€138,371-€75,628▲ 45.3%
Net result-€133,106-€7,620-€144,816€20,302
Equity€116,894-€124,514▲ 6.5%-€20,302
Total assets€199,471-€331,552▲ 66.2%€236,417▼ 28.7%
Debt€82,577-€207,038▲ 151%€256,718▲ 24.0%
Working capital€53,052--€126,560-€216,513▼ 71.1%
The operating result for 2024 is a loss of €75,628, smaller than the loss of €138,371 in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
EBITDA
-€14,320▲
2023 · -€71,491
Cash flow
€81,609▲
2023 · -€77,935
Interest coverage
-5.49▲
2023 · -10.80
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €72,055 | - | - |
| Intangible fixed assets | €59,458 | €202,890 | - |
| Depreciation and write-downs of the year | €17,000 | €26,667 | €66,881 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €37,299 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,000 | €26,667 | €66,881 | €61,307 | ▼ 8.3% |
| Other operating charges640/8 | - | €948 | €868 | €5,119 | ▲ 489% |
| Non-recurring operating charges66A | - | - | - | €118,012 | - |
| Gross operating margin9900 | -€115,666 | €38,591 | -€70,623 | €108,811 | - |
| Operating profit (loss)9901 | -€132,666 | €10,977 | -€138,371 | -€75,628 | ▲ 45.3% |
| Financial income75/76B | €8 | €0 | €176 | €98,537 | ▲ 560× |
| Recurring financial income75 | €8 | €0 | €176 | €0 | ▼ 99.8% |
| Non-recurring financial income76B | - | - | - | €98,537 | - |
| Financial charges65/66B | €449 | €3,356 | €6,620 | €2,608 | ▼ 60.6% |
| Recurring financial charges65 | €449 | €3,356 | €6,620 | €2,608 | ▼ 60.6% |
| Profit (loss) for the period before taxes9903 | -€133,106 | €7,620 | -€144,816 | €20,302 | - |
| Profit (loss) for the period9904 | -€133,106 | €7,620 | -€144,816 | €20,302 | - |
| Profit (loss) for the period to be appropriated9905 | -€133,106 | €7,620 | -€144,816 | €20,302 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €199,471 | €331,552 | €236,417 | - | - |
| Fixed assets21/28 | €116,677 | €292,901 | €226,020 | - | - |
| Intangible fixed assets21 | €52,944 | €243,579 | €191,109 | - | - |
| Tangible fixed assets22/27 | €63,733 | €49,322 | €34,911 | - | - |
| Plant, machinery and equipment23 | €45,100 | €34,969 | €24,838 | - | - |
| Furniture and vehicles24 | €18,633 | €14,353 | €10,073 | - | - |
| Current assets29/58 | €82,793 | €38,652 | €10,397 | - | - |
| Stocks and contracts in progress3 | €21,419 | €25,813 | €1,500 | - | - |
| Stocks30/36 | €21,419 | €25,813 | €1,500 | - | - |
| Amounts receivable within one year40/41 | €11,500 | €7,668 | €8,779 | - | - |
| Trade receivables40 | €1,375 | €1,660 | €7,874 | - | - |
| Other amounts receivable41 | €10,125 | €6,008 | €905 | - | - |
| Cash at bank and in hand54/58 | €49,457 | €4,957 | €118 | - | - |
| Deferred charges and accrued income490/1 | €418 | €213 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €199,471 | €331,552 | €236,417 | - | - |
| Equity10/15 | €116,894 | €124,514 | -€20,302 | - | - |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | -€133,106 | -€125,486 | -€270,302 | -€250,000 | ▲ 7.5% |
| Amounts payable17/49 | €82,577 | €207,038 | €256,718 | - | - |
| Amounts payable after more than one year17 | €52,211 | €41,031 | €29,808 | - | - |
| Financial debts170/4 | €52,211 | €41,031 | €29,808 | - | - |
| Amounts payable within one year42/48 | €29,741 | €165,212 | €226,910 | - | - |
| Current portion of amounts payable after more than one year42 | €11,138 | €11,180 | €11,222 | - | - |
| Financial debts43 | - | €125,000 | €125,000 | - | - |
| Credit institutions430/8 | - | €125,000 | €125,000 | - | - |
| Trade debts44 | €18,423 | €3,589 | €3,695 | - | - |
| Suppliers440/4 | €18,423 | €3,589 | €3,695 | - | - |
| Other amounts payable47/48 | €181 | €25,443 | €86,993 | - | - |
| Accrued charges and deferred income492/3 | €624 | €795 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€133,106 | €7,620 | -€144,816 | €20,302 | - |
| + Depreciation and write-downs630 | €17,000 | €26,667 | €66,881 | €61,307 | ▼ 8.3% |
| Operating cash flow (approximation) | -€116,106 | €34,287 | -€77,935 | €81,609 | - |
| Investment in fixed assets (approximation) | - | -€202,890 | €0 | - | - |
| Change in cash | - | -€44,500 | -€4,839 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.