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ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 August 2025 The financial year closed on 31 January 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 06-10-2024 PDF all 2 filings
Turnover
≈ €34,000
Estimated: probably between €15,000 and €81,000
Total assets
€112,276▲ 26.2%
2023 · €88,958
Net result
€2,165▼ 82.6%
2023 · €12,464
Working capital
€16,226▲ 20.7%
2023 · €13,445
Multi-year overview
2023 to 2024, 2 financial yearsOperating result
€2,503
▼ 88.2%
2024
20232024
Net result
€2,165
▼ 82.6%
2024
20232024
Equity
€17,128
▲ 14.5%
2024
20232024
Total assets
€112,276
▲ 26.2%
2024
20232024
Debt
€95,148
▲ 28.6%
2024
20232024
Working capital
€16,226
▲ 20.7%
2024
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€21,280-€2,503▼ 88.2%
Net result€12,464-€2,165▼ 82.6%
Equity€14,964-€17,128▲ 14.5%
Total assets€88,958-€112,276▲ 26.2%
Debt€73,994-€95,148▲ 28.6%
Working capital€13,445-€16,226▲ 20.7%
The operating result for 2024 is 88% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112,276
Fixed assets
€902 ▼ 40.6%
Current assets
€111,374 ▲ 27.4%
Equity and liabilities €112,276
Equity
€17,128 ▲ 14.5%
Debt
€95,148 ▲ 28.6%
Debt's share of the balance-sheet total rises from 83.2% to 84.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,120▼
2023 · €25,584
Cash flow
€2,781▼
2023 · €16,768
Current ratio
1.17▼
2023 · 1.18
Debt to equity
5.56▲
2023 · 4.94
ROE
12.6%▼
2023 · 83.3%
ROA
1.9%▼
2023 · 14.0%
Interest coverage
9.21▲
2023 · 2.90
Debt ≤ 1 year
€95,148▲
2023 · €73,994
Staff costs
€517▲
2023 · €312
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-01-2023 | 31-01-2024 |
|---|---|---|
| Tangible fixed assets | €5,702 | - |
| Financial fixed assets | €120 | - |
| Depreciation and write-downs of the year | €4,304 | €616 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €312 | €517 | ▲ 66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,304 | €616 | ▼ 85.7% |
| Other operating charges640/8 | €2,375 | €787 | ▼ 66.8% |
| Gross operating margin9900 | €28,270 | €4,424 | ▼ 84.3% |
| Operating profit (loss)9901 | €21,280 | €2,503 | ▼ 88.2% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €8,816 | €339 | ▼ 96.2% |
| Recurring financial charges65 | €8,816 | €339 | ▼ 96.2% |
| Profit (loss) for the period before taxes9903 | €12,464 | €2,165 | ▼ 82.6% |
| Profit (loss) for the period9904 | €12,464 | €2,165 | ▼ 82.6% |
| Profit (loss) for the period to be appropriated9905 | €12,464 | €2,165 | ▼ 82.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €88,958 | €112,276 | ▲ 26.2% |
| Fixed assets21/28 | €1,518 | €902 | ▼ 40.6% |
| Tangible fixed assets22/27 | €1,398 | €782 | ▼ 44.1% |
| Furniture and vehicles24 | €1,398 | €782 | ▼ 44.1% |
| Financial fixed assets28 | €120 | €120 | = |
| Current assets29/58 | €87,440 | €111,374 | ▲ 27.4% |
| Amounts receivable within one year40/41 | €83,035 | €109,678 | ▲ 32.1% |
| Trade receivables40 | €80,919 | €108,171 | ▲ 33.7% |
| Other amounts receivable41 | €2,115 | €1,508 | ▼ 28.7% |
| Cash at bank and in hand54/58 | €4,356 | €1,646 | ▼ 62.2% |
| Deferred charges and accrued income490/1 | €49 | €49 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €88,958 | €112,276 | ▲ 26.2% |
| Equity10/15 | €14,964 | €17,128 | ▲ 14.5% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Capital10 | €2,500 | - | - |
| Issued capital100 | €2,500 | - | - |
| Contributions outside capital11 | - | €2,500 | - |
| Other1109/19 | - | €2,500 | - |
| Profit (loss) carried forward14 | €12,464 | €14,628 | ▲ 17.4% |
| Amounts payable17/49 | €73,994 | €95,148 | ▲ 28.6% |
| Amounts payable within one year42/48 | €73,994 | €95,148 | ▲ 28.6% |
| Trade debts44 | €5,418 | €23,659 | ▲ 337% |
| Suppliers440/4 | €5,418 | €23,659 | ▲ 337% |
| Advances received on contracts in progress46 | €68,576 | €71,488 | ▲ 4.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €12,464 | €2,165 | ▼ 82.6% |
| + Depreciation and write-downs630 | €4,304 | €616 | ▼ 85.7% |
| Operating cash flow (approximation) | €16,768 | €2,781 | ▼ 83.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€2,710 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.