Cutting123 service, MB - financials and debts

Company age: 4 y. 2 mo.

Update

Cutting123 service - Company finances

EUR
2022
From: 2022-07-12
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 49,908 191,319 37,546 5,635
Profit before tax 5,482 2,577 4,185 -3,152
Net profit 5,208 2,448 3,743 -3,160
Equity 5,209 6,257 1,790 -1,370
Liabilities 1,930 528 1,188 2,148
Non-current assets 0 949 684 618
Current assets 7,139 5,836 2,294 160
Total assets 7,139 6,785 2,978 778
Taxes paid
STI taxes - 15,826 3,871 1,325
Social insurance contributions - 18,733 - -
Financial indicators
Revenue change y/y - +283.3% -80.4% -85.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 73.0% 36.1% 125.7% -406.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 39.1% 209.1% -
Profit margin Net profit margin. Shows the overall profitability of the company. 10.4% 1.3% 10.0% -56.1%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 11.0% 1.3% 11.1% -55.9%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.4 0.1 0.7 -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 6,239 30,611 14,080 4,226

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Cutting123 service - Social security debts

From To Debt, €
2026-04-01 2026-04-30 0.02
2025-06-17 2025-06-30 1.60
2025-06-11 2025-06-15 1.60
2025-06-08 2025-06-09 1.60
2025-05-21 2025-06-04 1.60
2025-05-16 2025-05-20 2.23
2025-05-04 2025-05-14 0.62
2025-04-24 2025-04-29 0.62
2025-04-16 2025-04-21 0.35
2025-03-24 2025-04-13 0.35
2025-03-18 2025-03-23 332.54
2025-02-18 2025-03-17 0.35
2025-02-11 2025-02-16 0.35
2025-02-01 2025-02-09 0.35
2024-11-18 2024-11-24 69.16
2024-07-16 2024-07-16 220.55
2024-05-03 2024-05-12 27.77
2024-03-01 2024-03-04 64.51
2024-02-19 2024-02-29 0.01
2024-02-01 2024-02-08 0.01
2023-10-17 2023-10-30 58.63
2023-10-10 2023-10-15 58.63
2023-09-01 2023-09-06 58.63
2023-08-17 2023-08-27 698.03
2023-08-01 2023-08-10 698.03
2023-07-18 2023-07-31 639.40
2023-07-03 2023-07-09 639.40
2023-06-16 2023-07-02 580.77
2023-06-01 2023-06-08 580.77
2023-05-16 2023-05-31 522.14
2023-05-04 2023-05-09 522.14
2023-05-02 2023-05-03 463.51
2023-04-18 2023-04-28 463.51
2023-04-03 2023-04-06 438.91
2023-03-16 2023-04-02 380.28
2023-03-06 2023-03-07 380.28

Cutting123 service - 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.
Cutting123 service, MB (code 306113050) is a small partnership operating in silviculture and other forestry activities. In 2025, revenue was €5.6K, which was 85.0% lower than in 2024 and 97.0% below 2023 levels. The company posted a net loss of €3.2K in 2025, after net profit of €3.7K in 2024 and €2.4K in 2023. As a result, the profit margin turned negative to -56.1%, marking a clear reversal from the modestly profitable performance seen in the previous two years. The balance sheet also weakened: total assets declined to €778 from €3.0K in 2024 and €6.8K in 2023, while equity fell to -€1.4K and liabilities increased to €2.1K. Long-term assets stood at €618 and short-term assets at €160. Asset turnover was 7.24x, but return and leverage ratios are heavily distorted by the very small asset base and negative equity. Revenue per employee in 2025 was €5.6K, and profit per employee was -€3.2K.