No historical accounts
The 5-year financial plan is presented below.
The sale of the tag (hardware) of €30 per piece. 20% of the connected tools will be equipped with our own tags.
The subscription per connected tag:
- €1 for each tag of the competition or other BLE tag (which we can also sell without LoRa)
- €3 for our tag (LoRa subscription to be paid to Proximus)
The development of the platform and the user interface for 2019 is estimated at € 114k.
The purchase of the hardware (1,500 units for 2019) is €30,000
For the part of the solution, such as hosting and LoRa subscription, we arrive at € 6k for 2019
For the personnel part, we expect recruitment in June (CTO) and in September (CSM) for a budget of €126,000 in 2019.
Break even volume
EBIT of 77.167 € in 2020
TAX SHELTER 45%This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…
|Committed by co-investors||€0|
|Min. total fundraising||€150,000|
|Max. total fundraising||€300,000|
|Post-money valuation min.||€1,150,000|
|Post-money valuation max.||€1,300,000|