ACTIVE

The Binary One

Financial year 2024 · closed on 31/12/2024
Net result
18,5 k €
-34.8% YoY
Gross margin
101,6 k €
+40.7% YoY
Equity
275,7 k €
+7.2% YoY

What does The Binary One do?

The Binary One is a Private company with limited liability incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0637.956.429
Incorporation
17/09/2015
Legal form
Private company with limited liability
Registered office
Herkenrodesingel 21 box 51
3500 Hasselt · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202420232022202120202019201820172016
Income statement
Gross margin101,6 k €72,2 k €77,3 k €84,4 k €51,8 k €62,9 k €49,7 k €23,8 k €55,1 k €
EBITDA98,8 k €70,7 k €76,1 k €83,2 k €50,9 k €62,1 k €49 k €22,8 k €53,2 k €
Operating result39,6 k €45,1 k €51,9 k €63,3 k €47,4 k €60 k €46,1 k €19,8 k €49,3 k €
Net result18,5 k €28,4 k €35,1 k €43,5 k €30,8 k €33,5 k €28 k €13,2 k €32,3 k €
Balance sheet
Equity275,7 k €257,2 k €228,8 k €193,7 k €150,2 k €119,4 k €85,9 k €57,9 k €44,7 k €
Total assets615,4 k €355,2 k €341,9 k €331 k €222,6 k €183,4 k €128,7 k €98,6 k €69,6 k €
Cash23,1 k €136,2 k €111,5 k €87,8 k €140,8 k €104,1 k €68,4 k €47,7 k €33,1 k €
Debts332,8 k €94,1 k €110,8 k €135,4 k €70,3 k €62,5 k €41,2 k €39,7 k €24,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Frank BIESMANS

Mandate

Active

Ended mandates

Frank Biesmans

Director

Ended
Frank Biesmans

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/12/202526/10/202430/10/202328/11/202229/11/202115/10/2020
General meeting20/11/202523/10/202427/10/202310/11/202223/11/202130/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/11/202518/12/2025DutchPDF
Abridged model31/12/202323/10/202426/10/2024DutchPDF
Abridged model31/12/202227/10/202330/10/2023DutchPDF
Abridged model31/12/202110/11/202228/11/2022DutchPDF
Abridged model31/12/202023/11/202129/11/2021DutchPDF
Abridged model31/12/201930/09/202015/10/2020DutchPDF
Abridged model31/12/201819/11/201925/11/2019DutchPDF
Abridged model31/12/201715/06/201831/08/2018DutchPDF
Abridged model31/12/201615/06/201723/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Frank BIESMANS

Mandate

Active

Ended mandates

Frank Biesmans

Director

Ended
Frank Biesmans

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/10/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 202418,5 k €
  2. 2023
    Annual accounts 202328,4 k €
  3. 2022
    Annual accounts 202235,1 k €
  4. 2021
    Annual accounts 202143,5 k €
  5. 2020
    Annual accounts 202030,8 k €
  6. 2019
    Annual accounts 201933,5 k €
  7. 2018
    Annual accounts 201828 k €
  8. 2017
    Annual accounts 201713,2 k €
  9. 2016
    Annual accounts 201632,3 k €
  10. 17/09/2015
    IncorporationPrivate company with limited liability