Correct Home Design, MB - financials and debts

Company age: 10 y. 1 mo.

Update

Correct Home Design - Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 19,465 20,646 29,906 44,921 6,335 22,040 30,746 44,680
Profit before tax 1,291 -109 6,206 10,830 -7,003 10,185 10,836 -6,367
Net profit 1,199 -109 5,893 10,289 -7,003 10,014 10,294 -6,367
Equity 4,011 3,901 9,796 20,084 13,079 23,094 33,388 27,019
Liabilities - - - - 1,458 480 1,266 670
Non-current assets 0 0 1,978 5,264 6,543 5,268 3,990 11,236
Current assets 4,847 5,211 16,404 17,570 7,994 18,306 30,664 16,453
Total assets 4,847 5,211 18,382 22,834 14,537 23,574 34,654 27,689
Taxes paid
STI taxes - - - - - - 175 540
Financial indicators
Revenue change y/y +116.4% +6.1% +44.9% +50.2% -85.9% +247.9% +39.5% +45.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 24.7% -2.1% 32.1% 45.1% -48.2% 42.5% 29.7% -23.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 29.9% -2.8% 60.2% 51.2% -53.5% 43.4% 30.8% -23.6%
Profit margin Net profit margin. Shows the overall profitability of the company. 6.2% -0.5% 19.7% 22.9% -110.5% 45.4% 33.5% -14.3%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 6.6% -0.5% 20.8% 24.1% -110.5% 46.2% 35.2% -14.3%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - 0.1 0.0 0.0 0.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Correct Home Design - Social security debts

From To Debt, €
2024-03-01 2024-03-31 13.61
2023-07-19 2023-07-31 271.47
2022-02-01 2022-03-31 50.95
2022-01-03 2022-01-31 12.83

Correct Home Design - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Correct Home Design, MB (code 304330468) is a Small partnership engaged in the manufacture of metal structures and parts of structures. In 2025, the company generated revenue of €44.7K, up 45.3% year on year and 102.7% over two years. Despite stronger sales, profitability weakened materially: net profit turned to a €6.4K loss in 2025 after net profit of €10.3K in 2024 and €10.0K in 2023. The 2025 net profit margin was -14.3%, compared with 33.5% in 2024 and 45.4% in 2023. Balance sheet size decreased from €34.7K in 2024 to €27.7K in 2025, while equity declined to €27.0K and liabilities remained low at €670. Total assets were mainly financed by equity, with an equity ratio of 97.6% and debt-to-equity of 0.02. The asset base shifted toward long-term assets, which rose to €11.2K in 2025 from €4.0K in 2024. Asset turnover was 1.61x, indicating relatively efficient use of assets despite the loss-making result.