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KBO/BCE: BE 0661.631.555

Inactive; last annual accounts for fiscal year 2024.

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Signals

Two signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-29k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2024

9 d early

2023

40 d late

2022

11 d early

2021

30 d early

2020

5 d early

2019

61 d late

2018

30 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-8k▼ 96.2%

2023 · €-4k

2018: €-9k 2019: €-6k 2020: €-7k 2021: €-4k 2022: €-694 2023: €-4k

2018 → 2024

Working capital

€-29k▼ 35.7%

2023 · €-21k

2018: €-5k 2019: €-9k 2020: €-14k 2021: €-17k 2022: €-17k 2023: €-21k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-12k-€-16k▼ 38.4%€-17k▼ 7.7%€-21k▼ 22.2%€-29k▼ 35.7%

Operating result€-7k-€-5k▲ 39.2%€-1k▲ 74.1%€-3k▼ 151%€-6k▼ 118%

Net result€-7k-€-4k▲ 43.4%€-694▲ 82.5%€-4k▼ 461%€-8k▼ 96.2%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €6k in 2024 against €3k in 2023; the loss grows.

Key figures and ratios

2024 value · change against 2023

Solvency

-357.3%▼

2023 · -282.4%

Current ratio

0.22▼

2023 · 0.26

Debt to equity

-1.28▲

2023 · -1.35

ROA

-94.0%▼

2023 · -51.4%

Debt

€37k▲

2023 · €29k

Debt ≤ 1 year

€37k▲

2023 · €29k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines

Balance sheet Code20232024

Assets

Total assets20/58€8k€8k▲

Current assets29/58€8k€8k▲

Amounts receivable within one year40/41€7k€7k▼

Trade receivables40€80€0▼

Other amounts receivable41€7k€7k=

Cash at bank and in hand54/58€102€730▲

Equity and liabilities

Total equity and liabilities10/49€8k€8k▲

Equity10/15€-21k€-29k▼

Contributions10/11€19k€19k=

Outside capital11€19k-

Other1109/19€19k-

Profit (loss) carried forward14€-40k€-48k▼

Amounts payable17/49€29k€37k▲

Amounts payable within one year42/48€29k€37k▲

Trade debts44€0€2k▲

Suppliers440/4€0€2k▲

Other amounts payable47/48€29k€35k▲

Income statement Code20232024

Non-recurring operating income76A-€897

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-

Other operating charges640/8€300€0▼

Non-recurring operating charges66A€606€128▼

Gross operating margin9900€-2k€-6k▼

Operating profit (loss)9901€-3k€-6k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€924€1k▲

Recurring financial charges65€924€1k▲

Profit (loss) for the period before taxes9903€-4k€-8k▼

Transfer from deferred taxes780€0-

Profit (loss) for the period9904€-4k€-8k▼

Profit (loss) for the period to be appropriated9905€-4k€-8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-40k€-48k▼

Profit (loss) brought forward from the previous period14P€-36k€-40k▼

Social balance

Average headcount (FTE)9087-0.0

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 9Gazette 1Filings 8

2025

25-07

State Gazette act General meeting · Merger

Accounting effect · Power of attorney

22-07