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TASTEFEVER

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Private limited companyfounded 2019Plasstraat 30, 8790 Waregem, BelgiumKBO/BCE: BE 0737.510.893
TASTEFEVEROpen bankruptcy

Financials · financial year 2024, micro format

Annual accounts 2024 filed on 19-05-2025 PDF all 5 filings

Equity
€36,811▲ 130%
2023 · €15,989
Total assets
€461,579▲ 674%
2023 · €59,648
Net result
-€246,678▼ 345%
2023 · -€55,461
Working capital
€47,359
2023 · -€15,049
Trend over the years

2020 to 2024, 5 financial years

The operating result for 2024 is a loss of €236,068, larger than the loss of €55,088 in 2023. It is the lowest result since 2020.

Operating result-€236,068 2024 Net result-€246,678 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Operating result€6,022-€21,384▲ 255%€44,644▲ 109%-€55,088-€236,068▼ 329%
Net result€3,534within the sector's middle half-€18,830within the sector's middle half▲ 433%€39,087within the sector's middle half▲ 108%-€55,461below the sector's middle half-€246,678below the sector's middle half▼ 345%
Equity€13,534below the sector's middle half-€32,363within the sector's middle half▲ 139%€71,450within the sector's middle half▲ 121%€15,989below the sector's middle half▼ 77.6%€36,811within the sector's middle half▲ 130%
Total assets€49,140below the sector's middle half-€57,518below the sector's middle half▲ 17.0%€97,164within the sector's middle half▲ 68.9%€59,648below the sector's middle half▼ 38.6%€461,579above the sector's middle half▲ 674%
Debt€35,607-€25,155▼ 29.4%€25,714▲ 2.2%€43,659▲ 69.8%€424,768▲ 873%
Working capital€33,407within the sector's middle half-€27,703within the sector's middle half▼ 17.1%€35,840within the sector's middle half▲ 29.4%-€15,049below the sector's middle half€47,359within the sector's middle half
Solvency27.5%below the sector's middle half-56.3%within the sector's middle half▲ 28.7pp73.5%within the sector's middle half▲ 17.3pp26.8%below the sector's middle half▼ 46.7pp8.0%below the sector's middle half▼ 18.8pp
Current ratio3.25within the sector's middle half-2.65within the sector's middle half▼ 0.602.39within the sector's middle half▼ 0.260.65below the sector's middle half▼ 1.741.34within the sector's middle half▲ 0.68
Return on assets (ROA)7.2%within the sector's middle half-32.7%above the sector's middle half▲ 25.5pp40.2%above the sector's middle half▲ 7.5pp-93.0%below the sector's middle half▼ 133.2pp-53.4%below the sector's middle half▲ 39.5pp
Staff (FTE)0.42▲ 400%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Large changes and their cause
  • 2024 Total assets +674% on 2023. Capital increase of €117,500 (Official Gazette 24-12-2024).
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €461,579
Fixed assets €273,076 ▲ 773%
Current assets €188,503 ▲ 564%
Equity and liabilities €461,579
Equity €36,811 ▲ 130%
Debt €424,768 ▲ 873%
Debt's share of the balance-sheet total rises from 73.2% to 92.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€214,695▼
2023 · -€45,971
Cash flow
-€225,306▼
2023 · -€46,344
Quick ratio
1.29▲
2023 · 0.35
Debt to equity
11.54▲
2023 · 2.73
ROE
-670.1%▼
2023 · -346.9%
Interest coverage
-20.30▲
2023 · -103.85
Debt ≤ 1 year
€141,144▲
2023 · €43,427
Debt > 1 year
€281,004
Income taxes
€32▲
2023 · €0
Staff costs
€111,739▲
2023 · €15,885
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Subsidies and aid

Flemish government

2022 to 2025 · 6 entries · €48,620 awarded · €44,215 paid
Year Entries AwardedPaid
2025 2 €0€13,150
2024 2 €44,110€26,555
2023 1 €3,760€3,760
2022 1 €750€750
Schemes
3 entries · €35,110 · €30,705 paid · Fonds voor Innoveren en Ondernemen
1 entry · €9,000 · €9,000 paid · Vlaams Agentschap voor Internationaal Ondernemen
2 entries · €4,510 · €4,510 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines

Source: Annual accounts 2024 (PDF), filed on 19-05-2025.

Balance sheet Code20232024
Assets
Total assets20/58€59,648€461,579▲
Fixed assets21/28€31,270€273,076▲
Intangible fixed assets21€28,851€271,058▲
Tangible fixed assets22/27€1,919€1,518▼
Plant, machinery and equipment23€110€8▼
Furniture and vehicles24€1,809€1,510▼
Financial fixed assets28€500€500=
Current assets29/58€28,378€188,503▲
Stocks and contracts in progress3€13,143€6,535▼
Stocks30/36€13,143€6,535▼
Amounts receivable within one year40/41€3,909€20,589▲
Trade receivables40€3,111€4,906▲
Other amounts receivable41€798€15,683▲
Cash at bank and in hand54/58€10,185€161,145▲
Deferred charges and accrued income490/1€1,140€234▼
Equity and liabilities
Total equity and liabilities10/49€59,648€461,579▲
Equity10/15€15,989€36,811▲
Contributions10/11€10,000€277,500▲
Reserves13€61,450€61,450=
Distributable reserves133€61,450€61,450=
Profit (loss) carried forward14-€55,461-€302,139▼
Amounts payable17/49€43,659€424,768▲
Amounts payable after more than one year17-€281,004
Financial debts170/4-€281,004
Amounts payable within one year42/48€43,427€141,144▲
Current portion of amounts payable after more than one year42€25,000€18,996▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€5,401€48,393▲
Suppliers440/4€5,401€48,393▲
Taxes, remuneration and social security45€9,655€12,667▲
Taxes450/3€5,133€128▼
Remuneration and social security454/9€4,522€12,539▲
Other amounts payable47/48€3,371€61,089▲
Accrued charges and deferred income492/3€232€2,620▲
Income statement Code20232024
Remuneration, social security and pensions62€15,885€111,739▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,117€21,372▲
Other operating charges640/8€806€999▲
Non-recurring operating charges66A-€28,851
Gross operating margin9900-€29,280-€73,105▼
Operating profit (loss)9901-€55,088-€236,068▼
Financial income75/76B€69€0▼
Recurring financial income75€69€0▼
Financial charges65/66B€443€10,578▲
Recurring financial charges65€443€10,578▲
Profit (loss) for the period before taxes9903-€55,461-€246,646▼
Income taxes67/77€0€32▲
Profit (loss) for the period9904-€55,461-€246,678▼
Profit (loss) for the period to be appropriated9905-€55,461-€246,678▼
Appropriation of the result
Profit (loss) to be appropriated9906-€55,461-€302,139▼
Profit (loss) brought forward from the previous period14P--€55,461
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20202021202220232024Change
Remuneration, social security and pensions62---€15,885€111,739▲ 603%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,001€2,167€5,255€9,117€21,372▲ 134%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€454€0---
Other operating charges640/8-€193€194€806€999▲ 24.0%
Non-recurring operating charges66A-€295€0-€28,851-
Gross operating margin9900€7,213€24,494€50,093-€29,280-€73,105▼ 150%
Operating profit (loss)9901€6,022€21,384€44,644-€55,088-€236,068▼ 329%
Financial income75/76B-€4€3€69€0▼ 100.0%
Recurring financial income75€0€4€3€69€0▼ 100.0%
Financial charges65/66B-€675€427€443€10,578▲ 24×
Recurring financial charges65€2,135€675€427€443€10,578▲ 24×
Profit (loss) for the period before taxes9903€3,887€20,713€44,220-€55,461-€246,646▼ 345%
Income taxes67/77€353€1,883€5,133€0€32-
Profit (loss) for the period9904€3,534€18,830€39,087-€55,461-€246,678▼ 345%
Profit (loss) for the period to be appropriated9905€3,534€18,830€39,087-€55,461-€246,678▼ 345%
Line20202021202220232024Change
Assets
Total assets20/58€49,140€57,518€97,164€59,648€461,579▲ 674%
Fixed assets21/28€917€13,050€35,610€31,270€273,076▲ 773%
Intangible fixed assets21-€12,235€34,121€28,851€271,058▲ 840%
Tangible fixed assets22/27€417€315€989€1,919€1,518▼ 20.9%
Plant, machinery and equipment23-€315€213€110€8▼ 92.4%
Furniture and vehicles24--€776€1,809€1,510▼ 16.5%
Financial fixed assets28€500€500€500€500€500=
Current assets29/58€48,224€44,468€61,554€28,378€188,503▲ 564%
Stocks and contracts in progress3€21,792€21,405€18,891€13,143€6,535▼ 50.3%
Stocks30/36-€21,405€18,891€13,143€6,535▼ 50.3%
Amounts receivable within one year40/41€6,264€6,396€8,514€3,909€20,589▲ 427%
Trade receivables40-€5,638€6,101€3,111€4,906▲ 57.7%
Other amounts receivable41-€758€2,413€798€15,683▲ 20×
Cash at bank and in hand54/58€17,696€15,169€34,149€10,185€161,145▲ 16×
Deferred charges and accrued income490/1-€1,498€0€1,140€234▼ 79.5%
Equity and liabilities
Total equity and liabilities10/49€49,140€57,518€97,164€59,648€461,579▲ 674%
Equity10/15€13,534€32,363€71,450€15,989€36,811▲ 130%
Contributions10/11-€10,000€10,000€10,000€277,500▲ 28×
Reserves13€3,534€22,363€61,450€61,450€61,450=
Distributable reserves133-€22,363€61,450€61,450€61,450=
Profit (loss) carried forward14----€55,461-€302,139▼ 445%
Amounts payable17/49€35,607€25,155€25,714€43,659€424,768▲ 873%
Amounts payable after more than one year17€20,790€8,390€0-€281,004-
Financial debts170/4-€8,390€0-€281,004-
Amounts payable within one year42/48€14,817€16,765€25,714€43,427€141,144▲ 225%
Current portion of amounts payable after more than one year42-€12,400€8,390€25,000€18,996▼ 24.0%
Financial debts43-€32€35€0--
Credit institutions430/8-€32€35€0--
Trade debts44€1,151€498€8,503€5,401€48,393▲ 796%
Suppliers440/4-€498€8,503€5,401€48,393▲ 796%
Taxes, remuneration and social security45-€3,767€8,016€9,655€12,667▲ 31.2%
Taxes450/3-€3,767€8,016€5,133€128▼ 97.5%
Remuneration and social security454/9---€4,522€12,539▲ 177%
Other amounts payable47/48-€67€770€3,371€61,089▲ 18×
Accrued charges and deferred income492/3---€232€2,620▲ 11×
Line20202021202220232024Change
Profit (loss) for the period9904€3,534€18,830€39,087-€55,461-€246,678▼ 345%
+ Depreciation and write-downs630€1,001€2,167€5,255€9,117€21,372▲ 134%
Operating cash flow (approximation)€4,534€20,997€44,341-€46,344-€225,306▼ 386%
Investment in fixed assets (approximation)--€14,300-€27,815-€4,777-€263,179▼ 5,409%
Change in cash--€2,527€18,981-€23,964€150,959-

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2024 micro format 19-05-2025 2025-00097670 PDF
31-12-2023 micro format 05-06-2024 2024-00112352 PDF
31-12-2022 micro format 21-06-2023 2023-00169299 PDF
31-12-2021 micro format 31-08-2022 2022-20386994 PDF
31-12-2020 micro format 28-07-2021 2021-41900409 PDF