TASTEFEVER
Open bankruptcyFinancials · 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
Multi-year overview
2020 to 2024, 5 financial yearsOperating result
-€236,068
▼ 329%
2024
20202024
Net result
-€246,678
▼ 345%
2024
lowest quarter of the sector
20202024
Equity
€36,811
▲ 130%
2024
middle half of the sector
20202024
Total assets
€461,579
▲ 674%
2024
highest quarter of the sector
20202024
Debt
€424,768
▲ 873%
2024
20202024
Working capital
€47,359
2024
middle half of the sector
20202024
Solvency
8.0%
▼ 18.8pp
2024
lowest quarter of the sector
20202024
Current ratio
1.34
▲ 0.68
2024
middle half of the sector
20202024
Return on assets (ROA)
-53.4%
▲ 39.5pp
2024
lowest quarter of the sector
20202024
Staff (FTE)
2
▲ 400%
2024
20202024
Every figure per financial year
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.
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.
Large changes and their cause
- 2024 Total assets +674% on 2023. Capital increase of €117,500 (Official Gazette 24-12-2024).
Turnover and EBIT margin are not published. The micro format does not require them.
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
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.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| part-time | 0 | 0 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 0.4 | 2 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | 2 |
| Left | 0 | 2 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Pledge on other assets, amount secured | - | - | - | €150,000 |
| Carrying value of the other pledged assets | - | - | - | €456,723 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,056 | €1,540 | €809 |
| Intangible fixed assets | €14,300 | €26,759 | €3,237 | €291,221 |
| Depreciation and write-downs of the year | €2,167 | €5,255 | €9,117 | €21,372 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €48,620 awarded · €44,215 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €13,150 |
| 2024 | 2 | €44,110 | €26,555 |
| 2023 | 1 | €3,760 | €3,760 |
| 2022 | 1 | €750 | €750 |
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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× |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 19-05-2025 | 2025-00097670 | |
| 31-12-2023 | micro format | 05-06-2024 | 2024-00112352 | |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00169299 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20386994 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-41900409 |