3-TECH
InactiveFinancials · financial year 2021, full format
2021 annual accounts filed 29 days after the deadline Filed on 29 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20334084.
Annual accounts 2021 filed on 29-08-2022 PDF all 9 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€181,193▼ 6,961%
2020 · -€2,566
Working capital
-€42,725▼ 2.9%
2020 · -€41,532
Multi-year overview
2018 to 2021, 4 financial yearsOperating result
-€180,560
▼ 9,423%
2021
20182021
Net result
-€181,193
▼ 6,961%
2021
20182021
Equity
€208
▼ 99.9%
2021
20182021
Total assets
€223,295
▼ 0.2%
2021
20182021
Debt
€43,087
▲ 1.7%
2021
20182021
Working capital
-€42,725
▼ 2.9%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€624-€426-€1,896-€180,560▼ 9,423%
Net result-€1,572-€7,978-€2,566-€181,193▼ 6,961%
Equity€175,989-€183,967▲ 4.5%€181,401▼ 1.4%€208▼ 99.9%
Total assets€223,622-€223,950▲ 0.1%€223,771▼ 0.1%€223,295▼ 0.2%
Debt€47,633-€39,983▼ 16.1%€42,370▲ 6.0%€43,087▲ 1.7%
Working capital-€46,104--€38,117▲ 17.3%-€41,532▼ 9.0%-€42,725▼ 2.9%
The operating result for 2021 is a loss of €180,560, larger than the loss of €1,896 in 2020. It is the lowest result since 2018.
Large changes and their cause
- 2021 Net result -6,961% on 2020. The accounts now follow the full format, last year the micro format.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €223,295
Fixed assets
€222,933 =
Current assets
€362 ▼ 56.8%
Equity and liabilities €223,295
Equity
€208 ▼ 99.9%
Provisions
€180,000
Debt
€43,087 ▲ 1.7%
Debt's share of the balance-sheet total rises from 18.9% to 19.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.01▼
2020 · 0.02
ROA
-81.1%▼
2020 · -1.1%
Debt ≤ 1 year
€43,087▲
2020 · €42,370
The equity ratios are withheld because equity of €208 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €180,000 | - |
| Other operating charges640/8 | - | - | €237 | €380 | ▲ 60.3% |
| Gross operating margin9900 | €914 | €978 | -€1,659 | -€180 | ▲ 89.2% |
| Operating profit (loss)9901 | -€624 | €426 | -€1,896 | -€180,560 | ▼ 9,423% |
| Recurring financial income75 | - | €8,500 | - | - | - |
| Financial charges65/66B | - | - | €670 | €633 | ▼ 5.5% |
| Recurring financial charges65 | €947 | €948 | €670 | €633 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | -€1,572 | €7,978 | -€2,566 | -€181,193 | ▼ 6,961% |
| Profit (loss) for the period9904 | -€1,572 | €7,978 | -€2,566 | -€181,193 | ▼ 6,961% |
| Profit (loss) for the period to be appropriated9905 | -€1,572 | €7,978 | -€2,566 | -€181,193 | ▼ 6,961% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €223,622 | €223,950 | €223,771 | €223,295 | ▼ 0.2% |
| Fixed assets21/28 | €222,933 | €222,933 | €222,933 | €222,933 | = |
| Financial fixed assets28 | €222,933 | €222,933 | €222,933 | €222,933 | = |
| Current assets29/58 | €689 | €1,016 | €838 | €362 | ▼ 56.8% |
| Amounts receivable within one year40/41 | €293 | €258 | €323 | €323 | = |
| Trade receivables40 | - | - | - | €0 | - |
| Other amounts receivable41 | - | - | €323 | €323 | = |
| Cash at bank and in hand54/58 | €396 | €759 | €515 | €39 | ▼ 92.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €223,622 | €223,950 | €223,771 | €223,295 | ▼ 0.2% |
| Equity10/15 | €175,989 | €183,967 | €181,401 | €208 | ▼ 99.9% |
| Contributions10/11 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Capital10 | - | - | €70,000 | €70,000 | = |
| Issued capital100 | - | - | €70,000 | €70,000 | = |
| Reserves13 | €105,989 | €113,967 | €111,401 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | €7,000 | €0 | ▼ 100% |
| Legal reserve130 | - | - | €7,000 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €104,401 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | -€69,792 | - |
| Provisions and deferred taxes16 | - | - | - | €180,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | €180,000 | - |
| Other liabilities and charges164/5 | - | - | - | €180,000 | - |
| Amounts payable17/49 | €47,633 | €39,983 | €42,370 | €43,087 | ▲ 1.7% |
| Amounts payable within one year42/48 | €46,793 | €39,133 | €42,370 | €43,087 | ▲ 1.7% |
| Financial debts43 | - | - | €550 | €1,062 | ▲ 93.1% |
| Credit institutions430/8 | - | - | €550 | €1,062 | ▲ 93.1% |
| Trade debts44 | - | - | €337 | €442 | ▲ 31.2% |
| Suppliers440/4 | - | - | €337 | €442 | ▲ 31.2% |
| Other amounts payable47/48 | - | - | €41,483 | €41,583 | ▲ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,572 | €7,978 | -€2,566 | -€181,193 | ▼ 6,961% |
| Operating cash flow (approximation) | -€1,572 | €7,978 | -€2,566 | -€181,193 | ▼ 6,961% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | €362 | -€244 | -€476 | ▼ 95.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | full format | 29-08-2022 | 2022-20334084 | |
| 31-12-2020 | micro format | 31-05-2022 | 2022-20040995 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45500472 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-35300412 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26200431 | |
| 31-12-2016 | micro format | 08-06-2017 | 2017-15600436 | |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-26700461 | |
| 31-12-2014 | abbreviated format | 23-03-2015 | 2015-07300521 | |
| 31-12-2013 | abbreviated format | 12-05-2014 | 2014-11900456 |