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Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed late (26 days) Filed on 26 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00413905.
Turnover
€143,207
EBIT margin
19.7%
Net result
€45,187▲ 71.3%
2023 · €26,371
Working capital
€93,013▼ 48.3%
2023 · €179,890
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 65% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€78,611
2024
Net result€45,187
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€860,368
2024
Equity€230,842
2024
Debt€629,526
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€93,013
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.3%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency26.8%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.28
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€143,207-
Operating result€28,250-€26,095▼ 7.6%€33,508▲ 28.4%€86,199▲ 157%€47,210▼ 45.2%€47,582▲ 0.8%€78,611▲ 65.2%
Net result€12,039-€10,018▼ 16.8%€2,862within the sector's middle half▼ 71.4%€57,657within the sector's middle half▲ 20×€25,841above the sector's middle half▼ 55.2%€26,371above the sector's middle half▲ 2.1%€45,187above the sector's middle half▲ 71.3%
EBIT margin19.7%-
Equity€77,906-€87,924▲ 12.9%€90,786within the sector's middle half▲ 3.3%€133,443within the sector's middle half▲ 47.0%€159,284above the sector's middle half▲ 19.4%€185,655above the sector's middle half▲ 16.6%€230,842above the sector's middle half▲ 24.3%
Total assets€614,644-€621,437▲ 1.1%€592,783within the sector's middle half▼ 4.6%€718,015within the sector's middle half▲ 21.1%€801,232above the sector's middle half▲ 11.6%€685,386above the sector's middle half▼ 14.5%€860,368above the sector's middle half▲ 25.5%
Debt€536,738-€533,512▼ 0.6%€501,997▼ 5.9%€584,572▲ 16.4%€641,948▲ 9.8%€499,731▼ 22.2%€629,526▲ 26.0%
Working capital€128,812-€131,705▲ 2.2%€164,824within the sector's middle half▲ 25.1%€138,123within the sector's middle half▼ 16.2%€140,135above the sector's middle half▲ 1.5%€179,890above the sector's middle half▲ 28.4%€93,013above the sector's middle half▼ 48.3%
Solvency12.7%-14.1%▲ 1.5pp15.3%within the sector's middle half▲ 1.2pp18.6%within the sector's middle half▲ 3.3pp19.9%within the sector's middle half▲ 1.3pp27.1%within the sector's middle half▲ 7.2pp26.8%within the sector's middle half▼ 0.3pp
Current ratio2.32-2.03▼ 0.282.82above the sector's middle half▲ 0.791.61within the sector's middle half▼ 1.211.49within the sector's middle half▼ 0.121.92within the sector's middle half▲ 0.431.28within the sector's middle half▼ 0.64
Return on assets (ROA)2.0%-1.6%▼ 0.3pp0.5%within the sector's middle half▼ 1.1pp8.0%within the sector's middle half▲ 7.5pp3.2%within the sector's middle half▼ 4.8pp3.8%within the sector's middle half▲ 0.6pp5.3%within the sector's middle half▲ 1.4pp
Staff (FTE)1
above
within
below
the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €860,264
Fixed assets
€430,740 ▲ 39.2%
Current assets
€429,524 ▲ 14.3%
Equity and liabilities €860,368
Equity
€230,842 ▲ 24.3%
Debt
€629,526 ▲ 26.0%
Debt's share of the balance-sheet total rises from 72.9% to 73.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€113,824▲
2023 · €68,514
Cash flow
€80,399▲
2023 · €47,303
Quick ratio
0.71▼
2023 · 0.95
Debt to equity
2.73▲
2023 · 2.69
ROE
19.6%▲
2023 · 14.2%
Interest coverage
8.51▲
2023 · 8.44
Debt ≤ 1 year
€336,511▲
2023 · €196,020
Debt > 1 year
€287,438▼
2023 · €298,134
Income taxes
€20,052▲
2023 · €13,089
Staff costs
€60,964▲
2023 · €49,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €143,207 | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €272 | €17,646 | €49,876 | €60,964 | ▲ 22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,997 | €25,788 | €25,909 | €21,215 | €29,519 | €20,932 | €35,213 | ▲ 68.2% |
| Other operating charges640/8 | - | - | - | €5,075 | €6,131 | €10,540 | €5,895 | ▼ 44.1% |
| Gross operating margin9900 | €97,571 | €77,292 | €73,957 | €112,761 | €100,506 | €128,929 | €180,683 | ▲ 40.1% |
| Operating profit (loss)9901 | €28,250 | €26,095 | €33,508 | €86,199 | €47,210 | €47,582 | €78,611 | ▲ 65.2% |
| Financial income75/76B | - | - | - | - | - | €0 | €1 | ▲ 106× |
| Recurring financial income75 | €1 | - | - | - | - | €0 | €1 | ▲ 106× |
| Financial charges65/66B | - | - | - | €7,031 | €7,221 | €8,122 | €13,373 | ▲ 64.7% |
| Recurring financial charges65 | €9,201 | €8,494 | €17,594 | €7,031 | €7,221 | €8,122 | €13,373 | ▲ 64.7% |
| Profit (loss) for the period before taxes9903 | €19,050 | €17,601 | €15,914 | €79,168 | €39,989 | €39,461 | €65,239 | ▲ 65.3% |
| Income taxes67/77 | €7,012 | €7,582 | €13,052 | €21,511 | €14,148 | €13,089 | €20,052 | ▲ 53.2% |
| Profit (loss) for the period9904 | €12,039 | €10,018 | €2,862 | €57,657 | €25,841 | €26,371 | €45,187 | ▲ 71.3% |
| Profit (loss) for the period to be appropriated9905 | €12,039 | €10,018 | €2,862 | €57,657 | €25,841 | €26,371 | €45,187 | ▲ 71.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €614,644 | €621,437 | €592,783 | €718,015 | €801,232 | €685,386 | €860,368 | ▲ 25.5% |
| Formation expenses20 | - | - | - | - | - | €104 | €104 | = |
| Fixed assets21/28 | €387,971 | €362,182 | €337,503 | €352,975 | €373,992 | €309,373 | €430,740 | ▲ 39.2% |
| Tangible fixed assets22/27 | €387,943 | €362,155 | €337,475 | €352,948 | €373,965 | €309,345 | €430,713 | ▲ 39.2% |
| Land and buildings22 | - | - | - | €319,341 | €302,766 | €286,191 | €383,708 | ▲ 34.1% |
| Plant, machinery and equipment23 | - | - | - | €102 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €32,806 | €42,150 | €23,155 | €15,518 | ▼ 33.0% |
| Leasing and similar rights25 | - | - | - | €699 | €29,049 | - | €31,487 | - |
| Financial fixed assets28 | €27 | €27 | €27 | €27 | €27 | €27 | €27 | = |
| Current assets29/58 | €226,673 | €259,254 | €255,281 | €365,040 | €427,239 | €375,910 | €429,524 | ▲ 14.3% |
| Stocks and contracts in progress3 | €189,003 | €189,003 | €189,003 | €189,003 | €189,003 | €189,003 | €189,003 | = |
| Stocks30/36 | - | - | - | €189,003 | €189,003 | €189,003 | €189,003 | = |
| Amounts receivable within one year40/41 | €23,303 | €45,604 | €56,502 | €119,699 | €86,189 | €112,743 | €151,234 | ▲ 34.1% |
| Trade receivables40 | - | - | - | €81,276 | €27,041 | €50,734 | €66,360 | ▲ 30.8% |
| Other amounts receivable41 | - | - | - | €38,423 | €59,149 | €62,009 | €84,874 | ▲ 36.9% |
| Cash at bank and in hand54/58 | €12,347 | €22,575 | €8,303 | €51,437 | €151,488 | €74,163 | €83,148 | ▲ 12.1% |
| Deferred charges and accrued income490/1 | - | - | - | €4,900 | €559 | - | €6,138 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €614,644 | €621,437 | €592,783 | €718,015 | €801,232 | €685,386 | €860,368 | ▲ 25.5% |
| Equity10/15 | €77,906 | €87,924 | €90,786 | €133,443 | €159,284 | €185,655 | €230,842 | ▲ 24.3% |
| Contributions10/11 | €15,140 | €15,140 | €15,140 | €15,140 | €15,140 | €15,140 | €15,140 | = |
| Capital10 | - | - | - | €15,140 | €15,140 | €15,140 | €15,140 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €3,460 | €3,460 | €3,460 | €3,460 | = |
| Reserves13 | €20,610 | €20,610 | €20,610 | €50,610 | €50,610 | €50,610 | €50,610 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | - | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €42,156 | €52,174 | €55,036 | €67,693 | €93,534 | €119,905 | €165,092 | ▲ 37.7% |
| Amounts payable17/49 | €536,738 | €533,512 | €501,997 | €584,572 | €641,948 | €499,731 | €629,526 | ▲ 26.0% |
| Amounts payable after more than one year17 | €438,877 | €405,963 | €405,963 | €352,079 | €349,266 | €298,134 | €287,438 | ▼ 3.6% |
| Financial debts170/4 | - | - | - | €349,079 | €346,266 | €295,134 | €284,438 | ▼ 3.6% |
| Other amounts payable178/9 | - | - | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Amounts payable within one year42/48 | €97,861 | €127,549 | €90,457 | €226,916 | €287,104 | €196,020 | €336,511 | ▲ 71.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €29,990 | €26,921 | €49,422 | €219,147 | ▲ 343% |
| Trade debts44 | €11,660 | €32,391 | €15,288 | €75,278 | €150,233 | €48,275 | €19,464 | ▼ 59.7% |
| Suppliers440/4 | - | - | - | €75,278 | €150,233 | €48,275 | €19,464 | ▼ 59.7% |
| Taxes, remuneration and social security45 | - | - | - | €51,316 | €39,618 | €42,991 | €42,567 | ▼ 1.0% |
| Taxes450/3 | - | - | - | €47,200 | €33,669 | €27,326 | €33,532 | ▲ 22.7% |
| Remuneration and social security454/9 | - | - | - | €4,116 | €5,949 | €15,665 | €9,035 | ▼ 42.3% |
| Other amounts payable47/48 | - | - | - | €70,332 | €70,332 | €55,332 | €55,332 | = |
| Accrued charges and deferred income492/3 | - | - | - | €5,577 | €5,577 | €5,577 | €5,577 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,039 | €10,018 | €2,862 | €57,657 | €25,841 | €26,371 | €45,187 | ▲ 71.3% |
| + Depreciation and write-downs630 | €26,997 | €25,788 | €25,909 | €21,215 | €29,519 | €20,932 | €35,213 | ▲ 68.2% |
| Operating cash flow (approximation) | €39,036 | €35,807 | €28,770 | €78,872 | €55,360 | €47,303 | €80,399 | ▲ 70.0% |
| Investment in fixed assets (approximation) | - | €0 | -€1,229 | -€36,688 | -€50,536 | €43,688 | -€156,580 | - |
| Change in cash | - | €10,229 | -€14,273 | €43,134 | €100,051 | -€77,324 | €8,985 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 26-08-2025 | 2025-00413905 |
| 31-12-2023 | micro format | 25-08-2024 | 2024-00419388 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00438216 |
| 31-12-2021 | full format | 25-11-2022 | 2022-20525461 |
| 31-12-2020 | full format | 29-08-2021 | 2021-63900313 |
| 31-12-2019 | full format | 28-08-2020 | 2020-50700221 |
| 31-12-2018 | full format | 29-08-2019 | 2019-58800523 |
| 31-12-2017 | full format | 12-07-2018 | 2018-32600345 |
| 31-12-2016 | full format | 17-08-2017 | 2017-45600374 |
| 31-12-2015 | full format | 31-08-2016 | 2016-58400388 |
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Of the 408 active companies whose main activity is repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95210), figures are known for 114. 93 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.