NORMAL SITUATION

RIGHT REASONS

Company — Normal situation.

Financial year 2024 · Closed on 28/03/2024

Net result9,1 k €+617,7 %over 1 year
Gross margin11,5 k €+62,2 %over 1 year
Equity3 k €+149,3 %over 1 year

Identity

Source · BCE/KBO

RIGHT REASONS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.139.924
Legal form
Private company with limited liability
Contributed capital
6 197,33 €
Latest accounts
28/03/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 24 filings

Trend over 18 financial years

20242023202220212020
Income statement
Gross margin11,5 k €7,1 k €-14,3 k €-3,2 k €-10,9 k €
EBITDA10,8 k €6 k €-15,1 k €-4 k €-11,7 k €
Operating result9,4 k €2,4 k €-19 k €-7,8 k €-14,5 k €
Net result9,1 k €1,3 k €-19,7 k €-8,9 k €-15 k €
Balance sheet
Equity3 k €-6,1 k €-7,4 k €12,3 k €21,2 k €
Total assets3,2 k €20,8 k €22 k €40 k €32,2 k €
Cash22,1 €7 k €10,1 k €24,4 k €24,6 k €
Debts0,2 €26,9 k €29,4 k €27,7 k €9,9 k €

Board of directors

Source · NBB, accounts to 28/03/2024

1 active · 3 ended

Active mandates

An De Smedt

Director · since 18 mai 2016

Active

Ended mandates

An De Smedt

Manager · since 18 mai 2016

Ended
An De Smedt

Manager · since 28 avril 2016

Ended
Roger Renders

Manager

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202301/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year28/03/202430/06/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date16/09/202431/01/202414/12/202217/01/202227/01/202123/12/2019
General meeting–08/12/202309/12/202210/12/202111/12/202013/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model28/03/2024—16/09/2024DutchPDF
Micro model30/06/202308/12/202331/01/2024DutchPDF
Micro model30/06/202209/12/202214/12/2022DutchPDF
Micro model30/06/202110/12/202117/01/2022DutchPDF
Micro model30/06/202011/12/202027/01/2021DutchPDF
Micro model30/06/201913/12/201923/12/2019DutchPDF
Micro model30/06/201814/12/201828/01/2019DutchPDF
Micro model30/06/201708/12/201721/12/2017DutchPDF
Abridged model30/06/201625/11/201623/12/2016DutchPDF
Abridged model30/06/201527/11/201517/12/2015DutchPDF
Abridged model30/06/201428/11/201413/01/2015DutchPDF
Abridged model30/06/201329/11/201320/12/2013DutchPDF
Abridged model30/06/201230/11/201227/12/2012DutchPDF
Abridged model30/06/201125/11/201127/12/2011DutchPDF
Abridged model30/06/201026/11/201028/12/2010DutchPDF
Abridged model30/06/200927/11/200922/12/2009DutchPDF
Abridged model30/06/200828/11/200806/02/2009DutchPDF
Abridged model30/06/200730/11/200721/12/2007DutchPDF
Abridged model30/06/200624/11/200627/12/2006DutchPDF
Abridged model30/06/200525/11/200502/12/2005DutchPDF
Abridged model30/06/200426/11/200415/12/2004DutchPDF
Abridged model30/06/200328/11/200308/12/2003DutchPDF
Abridged model30/06/200229/11/200209/12/2002DutchPDF
Abridged model30/06/200130/11/200105/12/2001DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 28/03/2024

1 active · 3 ended

Active mandates

An De Smedt

Director · since 18 mai 2016

Active

Ended mandates

An De Smedt

Manager · since 18 mai 2016

Ended
An De Smedt

Manager · since 28 avril 2016

Ended
Roger Renders

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution21/05/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates07/06/2016
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office16/07/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/09/2009
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 20249,1 k €↑
  2. 2023
    Annual accounts 20231,3 k €↑
  3. 2022
    Annual accounts 2022-19,7 k €↓
  4. 2021
    Annual accounts 2021-8,9 k €↑
  5. 2020
    Annual accounts 2020-15 k €↓
  6. 2019
    Annual accounts 2019-2,4 k €↓
  7. 2018
    Annual accounts 2018-611,8 €↑
  8. 2017
    Annual accounts 2017-2,3 k €↓
  9. 2016
    Annual accounts 201610,2 k €↓
  10. 2015
    Annual accounts 201514,3 k €↑
  11. 2014
    Annual accounts 201412,1 k €↑
  12. 2013
    Annual accounts 20134,6 k €↑
  13. 2012
    Annual accounts 2012899 €↓
  14. 2011
    Annual accounts 20115,7 k €↑
  15. 2010
    Annual accounts 20103,9 k €↑
  16. 2009
    Annual accounts 2009-1,3 k €↓
  17. 2008
    Annual accounts 20081,5 k €↓
  18. 2007
    Annual accounts 20076 k €