NORMAL SITUATION

TRUTH

Financial year 2023 · closed on 31/12/2023
Net result
1,2 k €
-80.7% YoY
Gross margin
1,5 k €
-77.8% YoY
Equity
20,5 k €
+6.4% YoY

Company — Normal situation.

What does TRUTH do?

TRUTH is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0766.452.329
Legal form
Private limited company
Contributed capital
2 990,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20232022
Income statement
Gross margin1,5 k €6,6 k €
EBITDA1,5 k €6,6 k €
Operating result1,5 k €6,6 k €
Net result1,2 k €6,4 k €
Balance sheet
Equity20,5 k €19,3 k €
Total assets32,2 k €28,2 k €
Cash4,7 k €4,7 k €
Debts11,6 k €8,9 k €
Annual accounts

Full financial information

20232022
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202301/01/2022
Closing of the financial year31/12/202331/12/2022
Length of the financial year12 months12 months
Filing date25/10/202407/11/2023
General meeting30/06/202430/06/2023
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202330/06/202425/10/2024FrenchPDF
Abridged model31/12/202230/06/202307/11/2023FrenchPDF
Estimate

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.

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 20231,2 k €
  2. 2022
    Annual accounts 20226,4 k €