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Rusatiralaan 10 ·1083 Ganshoren, Belgium
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BE 0774.652.787
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Turnover
EBIT margin
Net result€-14k
Working capital€-444k-331.2%
Directors1
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · verkort
€-150k€-100k€-50k€0€50kOperating result 2021: €43k€43kNet result 2021: €32k€32kOperating result 2024: €-117k€-117kNet result 2024: €-14k€-14k20212024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -119.2% 15.8%
better than 5% of 129 sector peers
Net result €-14k €19k
better than 25% of 129 sector peers
Equity €-462k €64k
better than 5% of 129 sector peers
Gross operating margin €184k €139k
better than 56% of 128 sector peers
Staff costs €275k €153k
higher than 69% of 74 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-95k
21–24
Net profit
€-14k
21–24
Cash flow
€8k
-76.2% 21–24
Total assets
€387k
-66.7% 21–24
Equity
€-462k
21–24
Working capital
€-444k
-331.2% 21–24
Employees (FTE)
5
+285.7% 21–24
Staff costs
€275k
+145.0% 21–24
Income taxes
€433
-96.0% 21–24
Debt
€849k
-24.5% 21–24
Debt ≤ 1y
€525k
-53.3% 21–24
Debt > 1y
€324k
21–24
Current ratio
0.15
-83.0% 21–24
Quick ratio
0.15
-83.5% 21–24
Solvency
-119.2%
21–24
Debt / equity
-1.84
21–24
ROE
3.0%
-96.3% 21–24
ROA
-3.6%
21–24
Interest coverage
-6.91
21–24
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€-95k
Net profit€-14k
Cash flow€8k
Staff costs€275k
Income taxes€433
Dividends
Total assets€387k
Equity€-462k
Debt€849k
of which ≤ 1y€525k
of which > 1y€324k
Working capital€-444k
Employees (FTE)5.4
Ratios (computed)
2024
Current ratio0.15
Quick ratio0.15
Working capital ratio-114.5%
Solvency-119.2%
Debt / equity-1.84
Long-term debt ratio-0.70
Interest coverage-6.91
Gross margin
Net margin
ROA-3.6%
ROE3.0%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€387k
Fixed assets 21/28€306k
Intangible fixed assets 21€131k
Tangible fixed assets 22/27€8k
Financial fixed assets 28€167k
Current assets 29/58€81k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€72k
Cash & bank 54/58€2k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€387k
Equity 10/15€-462k
Contributions / capital 10/11€148
Reserves 13€176k
Accumulated profits (losses) 14€-637k
Amounts payable 17/49€849k
Amounts payable after one year 17€324k
Amounts payable within one year 42/48€525k
Trade debts payable within one year 44€219k
Income statement
Gross operating margin 9900€184k
Operating result 9901€-117k
Financial income 75€118k
Financial charges 65€14k
Result before taxes 9903€-13k
Income taxes 67/77€433
Net result for the period 9904€-14k
Result to be appropriated 9905€-14k
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Ratios computed by Checked.

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FY 2024 · computed
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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.