SYNTAX
InactiveOverview
Activity
Activity not known
Size
€94,303total assets 2023
- Equity
- €90,478
- Profit
- €2,834
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 of 7 deeds summarised
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline28-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-07-2024, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
15 days early
2022
23 days late
2020
11 days late
2019
27 days late
2018
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- End & cessationResignation: Patrick MARTIN (director) ·…
- Annual accounts filedfinancial year 2023 · micro…
- Weakest financial yearnet €2,834 ▼77%
Financials · financial year 2023, micro format
Equity
€90,478▲ 3.2%
2022 · €87,644
Total assets
€94,303▼ 9.1%
2022 · €103,793
Net result
€2,834▼ 77.0%
2022 · €12,315
Working capital
€88,515▲ 5.5%
2022 · €83,917
Trend over the years
2018 to 2023, 5 financial years 2018 to 2023, 5 financial years
The operating result falls in 2023; 2023 is 60% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€7,343
2023
Net result€2,834
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€94,303
2023
Equity€90,478
2023
Debt€3,825
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€88,515
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020222023
Operating result€4,621-€16,559▲ 258%€6,796▼ 59.0%€18,410-€7,343▼ 60.1%
Net result€4,421-€16,320▲ 269%€4,336▼ 73.4%€12,315-€2,834▼ 77.0%
Equity€42,662-€58,982▲ 38.3%€63,319▲ 7.4%€87,644-€90,478▲ 3.2%
Total assets€51,584-€62,429▲ 21.0%€66,761▲ 6.9%€103,793-€94,303▼ 9.1%
Debt€8,922-€3,447▼ 61.4%€3,442▼ 0.1%€16,149-€3,825▼ 76.3%
Working capital€41,168-€58,322▲ 41.7%€61,863▲ 6.1%€83,917-€88,515▲ 5.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €94,303
Fixed assets
€1,962 ▼ 47.3%
Current assets
€92,340 ▼ 7.7%
Equity and liabilities €94,303
Equity
€90,478 ▲ 3.2%
Debt
€3,825 ▼ 76.3%
Debt's share of the balance-sheet total falls from 15.6% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,107▼
2022 · €20,338
Cash flow
€4,598▼
2022 · €14,243
Current ratio
24.14▲
2022 · 6.20
Debt to equity
0.04▼
2022 · 0.18
ROE
3.1%▼
2022 · 14.1%
ROA
3.0%▼
2022 · 11.9%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€3,825▼
2022 · €16,149
Income taxes
€4,799▼
2022 · €6,753
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,877 | €3,356 | ▲ 78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,073 | €834 | €893 | €1,928 | €1,764 | ▼ 8.5% |
| Other operating charges640/8 | - | - | - | €406 | €492 | ▲ 21.4% |
| Non-recurring operating charges66A | - | - | - | €799 | - | - |
| Gross operating margin9900 | €6,042 | €17,740 | €8,036 | €21,542 | €9,599 | ▼ 55.4% |
| Operating profit (loss)9901 | €4,621 | €16,559 | €6,796 | €18,410 | €7,343 | ▼ 60.1% |
| Financial income75/76B | - | - | - | €737 | €336 | ▼ 54.4% |
| Recurring financial income75 | €0 | €1 | €335 | €737 | €336 | ▼ 54.4% |
| Financial charges65/66B | - | - | - | €79 | €45 | ▼ 42.5% |
| Recurring financial charges65 | €201 | €107 | €42 | €79 | €45 | ▼ 42.5% |
| Profit (loss) for the period before taxes9903 | €4,421 | €16,453 | €7,088 | €19,069 | €7,634 | ▼ 60.0% |
| Income taxes67/77 | - | €133 | €2,752 | €6,753 | €4,799 | ▼ 28.9% |
| Profit (loss) for the period9904 | €4,421 | €16,320 | €4,336 | €12,315 | €2,834 | ▼ 77.0% |
| Profit (loss) for the period to be appropriated9905 | €4,421 | €16,320 | €4,336 | €12,315 | €2,834 | ▼ 77.0% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,584 | €62,429 | €66,761 | €103,793 | €94,303 | ▼ 9.1% |
| Fixed assets21/28 | €1,495 | €660 | €1,455 | €3,726 | €1,962 | ▼ 47.3% |
| Tangible fixed assets22/27 | €1,495 | €660 | €1,455 | €3,726 | €1,962 | ▼ 47.3% |
| Plant, machinery and equipment23 | - | - | - | €631 | €215 | ▼ 65.9% |
| Furniture and vehicles24 | - | - | - | €3,095 | €1,747 | ▼ 43.6% |
| Current assets29/58 | €50,089 | €61,769 | €65,305 | €100,066 | €92,340 | ▼ 7.7% |
| Amounts receivable after more than one year29 | - | - | - | €35,548 | €31,359 | ▼ 11.8% |
| Other amounts receivable291 | - | - | - | €35,548 | €31,359 | ▼ 11.8% |
| Amounts receivable within one year40/41 | €36,797 | €9,275 | €8,990 | €38,797 | €57,503 | ▲ 48.2% |
| Trade receivables40 | - | - | - | €8,202 | €7,562 | ▼ 7.8% |
| Other amounts receivable41 | - | - | - | €30,595 | €49,941 | ▲ 63.2% |
| Current investments50/53 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Cash at bank and in hand54/58 | €9,625 | €17,529 | €15,520 | €23,074 | €2,479 | ▼ 89.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,647 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,584 | €62,429 | €66,761 | €103,793 | €94,303 | ▼ 9.1% |
| Equity10/15 | €42,662 | €58,982 | €63,319 | €87,644 | €90,478 | ▲ 3.2% |
| Contributions10/11 | €10,226 | €10,226 | €10,226 | €10,226 | €10,226 | = |
| Contributions outside capital11 | - | - | - | €10,226 | €10,226 | = |
| Share premium1100/10 | - | - | - | €10,226 | €10,226 | = |
| Reserves13 | €70,722 | €48,757 | €53,093 | €77,418 | €80,252 | ▲ 3.7% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €75,559 | €78,393 | ▲ 3.8% |
| Profit (loss) carried forward14 | -€38,285 | - | - | - | - | - |
| Amounts payable17/49 | €8,922 | €3,447 | €3,442 | €16,149 | €3,825 | ▼ 76.3% |
| Amounts payable within one year42/48 | €8,922 | €3,447 | €3,442 | €16,149 | €3,825 | ▼ 76.3% |
| Trade debts44 | €5,327 | €2,309 | €707 | €1,396 | €209 | ▼ 85.0% |
| Suppliers440/4 | - | - | - | €1,396 | €209 | ▼ 85.0% |
| Taxes, remuneration and social security45 | - | - | - | €14,753 | €3,616 | ▼ 75.5% |
| Taxes450/3 | - | - | - | €14,753 | €3,616 | ▼ 75.5% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,421 | €16,320 | €4,336 | €12,315 | €2,834 | ▼ 77.0% |
| + Depreciation and write-downs630 | €1,073 | €834 | €893 | €1,928 | €1,764 | ▼ 8.5% |
| Operating cash flow (approximation) | €5,494 | €17,154 | €5,229 | €14,243 | €4,598 | ▼ 67.7% |
| Investment in fixed assets (approximation) | - | €0 | -€1,687 | - | €0 | - |
| Change in cash | - | €7,905 | -€2,010 | - | -€20,595 | - |
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 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 16-07-2024 | 2024-00248517 |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00343978 |
| 31-12-2020 | micro format | 11-08-2021 | 2021-47100364 |
| 31-12-2019 | micro format | 27-08-2020 | 2020-44900562 |
| 31-12-2018 | micro format | 29-07-2019 | 2019-38900086 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-36900086 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52200215 |
| 31-12-2015 | abbreviated format | 22-08-2016 | 2016-44200104 |
| 31-12-2014 | abbreviated format | 24-07-2015 | 2015-33400583 |
| 31-12-2013 | abbreviated format | 23-07-2014 | 2014-32100276 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2026
No directors read yet: 1 of 7 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Patrick MARTIN |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
29-06
Gazette deed
End & cessationResignation: Patrick MARTIN (director) · Auditor report · Declaration16 facts ▸
Gazette deed
End & cessation
Resignation: Patrick MARTIN (director) · Auditor report · Declaration16 facts ▸
- General meeting, “buitengewone algemene vergadering, eenparigheid van stemmen” (deed in Dutch)
- Other provision, “Lezing en onderzoek van de verslagen”, 27-06-2025 (deed in Dutch)
- Auditor report, 27-06-2025
- Declaration, “Ontslagen van het voorlezen van de verslagen, alle aandeelhouders hebben voorafgaandelijk een afschrift ontvangen en kennis kunnen nemen” (deed in Dutch)
- Declaration, “Afstand van het recht om de nietigheid van de beslissingen te vorderen, stukken niet tijdig bezorgd” (deed in Dutch)
- General meeting, “geen opmerkingen geformuleerd, keurt de verslagen goed” (deed in Dutch)
- Other provision, “Er bestaat een schriftelijk akkoord waarbij ingestemd wordt met de toepassing van de procedure als bedoeld in artikel 2:80 van het Wetboek van vennootschappen e…” (deed in Dutch)
- Other provision, 27-06-2025
- Dissolution, 30-06-2025
- Other provision, “De vergadering verklaart dat de vennootschap geen eigenaar van onroerende rechten of onroerende goederen is.” (deed in Dutch)
- Approval, “staat van activa en passiva, lopend boekjaar tot op vandaag” (deed in Dutch)
- Other provision, “De vergadering erkent door ondergetekende notaris te zijn gewezen op de verplichting tot openbaarmaking van deze jaarrekening overeenkomstig het Wetboek van ven…” (deed in Dutch)
- +4 further facts in this act
2024
16-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Weakest financial yearnet €2,834 ▼77%
Net result drops to €2,834, the lowest in the series.
31-12
Financial
Liquidity more than triplescurrent ratio 24.14
Current ratio from 6.20 to 24.14; short-term debt falls from €16,149 to €3,825.
23-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 23 days late
2021
11-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 11 days late
2020
27-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 27 days late
2019
31-12
Financial
Highest result from 2018 to 2023net €16,320 ▲269%
Net result €16,320, the highest in the series.
31-12
Financial
Liquidity more than triplescurrent ratio 17.92
Current ratio from 5.61 to 17.92; short-term debt falls from €8,922 to €3,447.
29-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
25-07
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 31 days late
Show earlier events
2016
22-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 22 days late
2015
24-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
23-07
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
1 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Anderlecht
Ground area
6,941 m²
Building footprint
1,463 m²
Building volume
21,792 m³
Parcel 21308H0651/00D002, Brussels · tallest building 18.2 m. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21308H0651/00D002 | Brussels | 6,941 m² | 1 · 1,463 m² | 18.2 m · 5 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “Dossier, notaris” (deed in Dutch)“1070 Anderlecht, Félicien Ropsstraat 37c bus 4, alle boeken en bescheiden van de vennootschap” (deed in Dutch)
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “De controle van de staat van activa en passiva door de bedrijfsrevisor ontslaat noch het bestuursorgaan, noch de voor financiën en…” (deed in Dutch)Other provision: “Onze verantwoordelijkheid bestaat erin te bevestigen dat alle schulden werden terugbetaald/de nodige gelden werden geconsigneerd om te…” (deed in Dutch)Other provision: “Dit verslag werd uitsluitend opgesteld ingevolge artikel 2:71, § 2, derde lid en artikel 2:80, eerste lid, 2° van het Wetboek van…” (deed in Dutch)Liquidation distribution: “Resterend actief, vorderingen van de vennootschap en Overige vorderingen lastens de administraties der Belasting over de Toegevoegde Waarde…” (deed in Dutch)
Read from the deeds: 6 provisions, deed of 29-06-2026