4COMTRADE (0428.640.426): financials and annual accounts

4COMTRADE

Antwerp ·KBO/BCE: BE 0428.640.426

Line	2023	2022	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	116,723	143,345	139,276	116,379	111,803	82,372	5,114	8,458	16,470	7,946	31,203	55,206	44,265	40,448	52,655	61,333
Fixed assets`21/28`	50,000	50,000	54,987	55,236	50,413	33,025	-	-	-	1,490	26,815	33,749	16,948	28,685	39,684	51,944
Tangible fixed assets`22/27`	-	-	4,987	5,236	413	8,025	-	-	-	1,490	26,691	33,451	16,651	28,388	39,387	51,646
Plant, machinery and equipment`23`	-	-	1,060	-	-	-	-	-	-	1,202	1,603	-	3,230	5,294	6,229	8,328
Furniture and vehicles`24`	-	-	3,927	5,236	413	8,025	-	-	-	288	25,088	33,451	6,609	13,218	19,827	26,534
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	6,811	9,876	13,330	16,784
Financial fixed assets`28`	50,000	50,000	50,000	50,000	50,000	25,000	-	-	-	-	124	297	297	297	297	297
Current assets`29/58`	66,723	93,345	84,289	61,143	61,390	49,346	5,114	8,458	16,470	6,456	4,388	21,457	27,317	11,763	12,971	9,389
Stocks and contracts in progress`3`	-	-	-	-	-	-	1,207	1,207	-	-	-	-	3,811	3,981	1,011	7,632
Stocks`30/36`	-	-	-	-	-	-	1,207	1,207	-	-	-	-	3,811	3,981	1,011	7,632
Amounts receivable within one year`40/41`	56,559	54,622	18,668	22,526	38,653	45,610	659	212	69	46	262	1,000	4,846	-	474	17
Trade receivables`40`	-	3,795	-	4,713	28,122	35,610	-	212	-	-	-	1,000	4,846	-	474	-
Other amounts receivable`41`	56,559	50,827	18,668	17,813	10,531	10,000	659	-	69	46	262	-	-	-	-	17
Current investments`50/53`	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	10,163	38,723	65,621	38,616	22,737	3,731	3,248	7,038	16,401	6,410	4,126	20,457	18,661	7,782	11,487	1,741
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	116,723	143,345	139,276	116,379	111,803	82,372	5,114	8,458	16,470	7,946	31,203	55,206	44,265	40,448	52,655	61,333
Equity`10/15`	110,304	113,759	106,954	55,914	29,293	10,820	-12,337	-13,098	-9,737	-16,974	-11,257	5,362	20,210	21,144	24,447	24,553
Contributions`10/11`	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Issued capital`100`	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Reserves`13`	95,167	95,167	88,362	37,322	10,701	14,329	14,329	14,329	14,329	14,329	14,329	14,329	14,329	14,329	14,329	14,329
Non-distributable reserves`130/1`	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Own shares acquired`1312`	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	93,307	93,307	86,502	35,463	8,842	12,469	12,469	12,469	12,469	12,469	12,469	12,469	12,469	12,469	12,469	12,469
Profit (loss) carried forward`14`	-3,455	-	-	-	-	-22,100	-45,258	-46,019	-42,658	-49,895	-44,177	-27,559	-12,711	-11,777	-8,474	-8,368
Amounts payable`17/49`	6,419	29,586	32,322	60,465	82,509	71,551	17,452	21,556	26,207	24,920	42,460	49,844	24,055	19,305	28,209	36,780
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,355	9,290	16,899
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,355	9,290	16,899
Amounts payable within one year`42/48`	6,419	29,586	32,322	60,465	82,509	71,551	17,452	21,556	26,207	24,920	42,460	49,844	24,055	17,950	18,919	19,881
Current portion of amounts payable after more than one year`42`	-	-	1,673	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial debts`43`	-	-	-	1,671	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	1,671	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	3,710	-	14,052	21,399	32,107	16,393	-	-	-	-	132	333	2,233	842	1,063	1,063
Suppliers`440/4`	3,710	-	14,052	21,399	32,107	16,393	-	-	-	-	132	333	2,233	842	1,063	1,063
Taxes, remuneration and social security`45`	2,709	16,318	6,259	17,394	19,048	14,208	-	68	-	-	-	1,645	3,954	3,631	4,164	2,307
Taxes`450/3`	1,764	13,311	6,259	17,394	19,048	14,208	-	68	-	-	-	1,645	2,118	1,416	2,006	78
Remuneration and social security`454/9`	945	3,007	-	-	-	-	-	-	-	-	-	-	1,836	2,215	2,157	2,230
Other amounts payable`47/48`	-	13,268	10,338	20,000	31,354	40,950	17,452	21,488	26,207	24,920	42,328	47,865	17,868	13,477	13,692	16,511
Income statement
Turnover`70`	-	-	-	-	-	-	1,501	780	-	15,800	4,705	44,162	92,387	94,134	100,943	135,500
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,776	1,605
Gross operating margin`9900`	26,730	33,976	66,425	56,278	31,408	35,188	-3,682	-3,363	8,734	19,485	-7,419	25,437	47,391	51,149	49,006	75,667
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	5,183	5,350	3,519	17,122	31,142	40,015	47,827	50,116	45,815	57,270
Remuneration, social security and pensions`62`	26,404	33,967	-	-	-	-	-	-	-	-	470	8,282	35,793	40,461	36,221	62,961
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	1,839	1,722	413	2,213	-	-	1,490	25,202	8,764	31,939	12,560	12,982	12,763	13,298
Other operating charges`640/8`	10,140	1,018	348	812	1,999	1,464	-	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	-9,814	-1,010	64,239	53,744	28,996	31,512	-3,682	-3,363	7,245	-5,716	-16,652	-14,785	-962	-2,295	22	-592
Financial income`75/76B`	-	-	0	0	20	2	4,443	2	7	14	40	47	46	7	36	32
Recurring financial income`75`	-	-	0	0	20	2	4,443	2	7	14	40	47	46	7	36	32
Financial charges`65/66B`	602	2,309	154	162	49	71	-	-	13	13	-	22	11	245	589	731
Recurring financial charges`65`	602	2,309	154	162	49	71	-	-	13	13	-	22	11	245	589	731
Profit (loss) for the period before taxes`9903`	-10,416	-3,319	64,085	53,582	28,967	31,443	761	-3,361	7,239	-5,715	-16,613	-14,760	-927	-2,534	1,245	313
Income taxes`67/77`	-6,961	-5,000	13,045	6,961	10,494	8,285	-	-	1	2	6	88	7	769	1,351	8,681
Profit (loss) for the period`9904`	-3,455	1,681	51,040	46,621	18,473	23,158	761	-3,361	7,237	-5,718	-16,619	-14,848	-934	-3,303	-106	-8,368
Profit (loss) for the period to be appropriated`9905`	-3,455	1,681	51,040	46,621	18,473	23,158	761	-3,361	7,237	-5,718	-16,619	-14,848	-934	-3,303	-106	-8,368
Appropriation of the result
Profit (loss) to be appropriated`9906`	-3,455	6,805	51,040	46,621	-3,627	-22,100	-45,258	-46,019	-42,658	-49,895	-44,177	-27,559	-12,711	-11,777	-8,474	-8,368
Profit (loss) brought forward from the previous period`14P`	-	5,123	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	3,627	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	6,805	51,040	26,621	-	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	-	6,805	51,040	26,621	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	0.9	1	-	-	-	-	-	-	-	-	-	0.5	2.9	3.2	3.2	2.8
Hours worked`1013`	1,493	1,132	-	-	-	-	-	-	-	-	-	678	3,610	4,514	4,012	4,361
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Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	06-11-2024	2024-00529526	PDF
31-12-2022	micro format	10-10-2023	2023-00479915	PDF
31-12-2019	micro format	26-11-2020	2020-72200063	PDF
31-12-2018	micro format	30-08-2019	2019-57900376	PDF
31-12-2017	micro format	27-09-2018	2018-65400216	PDF
31-12-2016	micro format	28-08-2017	2017-48900178	PDF
31-12-2015	abbreviated format	26-07-2016	2016-35700068	PDF
31-12-2014	abbreviated format	10-06-2015	2015-16400540	PDF
31-12-2013	abbreviated format	30-06-2014	2014-24400548	PDF
31-12-2012	abbreviated format	16-07-2013	2013-31200107	PDF
31-12-2011	abbreviated format	19-07-2012	2012-31600304	PDF
31-12-2010	abbreviated format	20-07-2011	2011-32400469	PDF
31-12-2009	abbreviated format	26-07-2010	2010-34200041	PDF
31-12-2008	abbreviated format	10-07-2009	2009-40000356	PDF
31-12-2007	abbreviated format	10-07-2008	2008-39700351	PDF
31-12-2006	abbreviated format	11-07-2007	2007-39100030	PDF
31-12-2005	abbreviated format	19-07-2006	2006-49701604	PDF
31-12-2004	abbreviated format	08-07-2005	2005-45101227	PDF
31-12-2003	abbreviated format	06-07-2004	2004-41004837	PDF
31-12-2002	abbreviated format	12-08-2003	2003-61303113	PDF
31-12-2001	abbreviated format	28-06-2002	2002-30300205	PDF
31-12-2000	abbreviated format	29-06-2001	2001-30404243	PDF
31-12-1999	abbreviated format	19-07-2000	2000-43805024	PDF
31-12-1998	abbreviated format	28-06-1999	1999-24602035	PDF
31-12-1997	abbreviated format	26-06-1998	1998-23401584	PDF
31-12-1996	abbreviated format	16-07-1997	1997-31005045	PDF
31-12-1995	abbreviated format	25-06-1996	1996-22002520	PDF
31-12-1994	abbreviated format	27-07-1995	1995-42504688	PDF
31-12-1993	abbreviated format	29-06-1994	1994-22404620	PDF
31-12-1992	abbreviated format	10-08-1993	1993-31500361	PDF
31-12-1991	abbreviated format	14-08-1992	1992-28302556	PDF
31-12-1990	abbreviated format	11-07-1991	1991-17403161	PDF
31-12-1989	abbreviated format	22-08-1990	1990-22102850	PDF
31-12-1988	abbreviated format	02-08-1989	1989-19304256	PDF
31-12-1987	abbreviated format	11-08-1988	1988-18602475	PDF
31-12-1986	abbreviated format	10-08-1987	1987-20002902	PDF

Line	2023	2022	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-	-	66,078	55,466	29,409	33,724	-	-	8,734	19,485	-7,889	17,154	11,598	10,687	12,785	12,706
Cash flow	-	-	52,878	48,343	18,886	25,370	-	-	8,727	19,484	-7,855	17,091	11,627	9,679	12,657	4,931
Investment in fixed assets (approximation)	-	-	1,589	6,545	25,000	35,238	-	-	0	-124	2,004	48,740	637	1,984	504	39,845
Change in cash	-28,559	-	27,005	15,879	19,006	484	-3,791	-9,362	9,991	2,284	-16,331	1,796	10,878	-3,704	9,745	-
Working capital	60,304	63,759	51,967	678	-21,119	-22,205	-12,337	-13,098	-9,737	-18,464	-38,072	-28,387	3,262	-6,187	-5,947	-10,492
EBIT margin	-	-	-	-	-	-	-	-	-	-36.2%	-	-33.5%	-1.0%	-2.4%	0.0%	-0.4%
Solvency	94.5%	79.4%	76.8%	48.0%	26.2%	13.1%	-241.2%	-154.9%	-59.1%	-213.6%	-36.1%	9.7%	45.7%	52.3%	46.4%	40.0%
Current ratio	10.40	3.16	2.61	1.01	0.74	0.69	0.29	0.39	0.63	0.26	0.10	0.43	1.14	0.66	0.69	0.47
Quick ratio	10.40	3.16	2.61	1.01	0.74	0.69	0.22	0.34	0.63	0.26	0.10	0.43	0.98	0.43	0.63	0.09
Debt to equity	0.06	0.26	0.30	1.08	2.82	6.61	-	-	-	-	-	9.30	1.19	0.91	1.15	1.50
ROE	-3.1%	1.5%	47.7%	83.4%	63.1%	214.0%	-	-	-	-	-	-276.9%	-4.6%	-15.6%	-0.4%	-34.1%
ROA	-3.0%	1.2%	36.6%	40.1%	16.5%	28.1%	14.9%	-39.7%	43.9%	-72.0%	-53.3%	-26.9%	-2.1%	-8.2%	-0.2%	-13.6%
Customer credit	-	-	-	-	-	-	160 days	99 days	-	1 day	20 days	8 days	19 days	-	2 days	0 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	2 days	3 days	17 days	6 days	8 days	7 days

Item	31-12-2023	31-12-2022
Employees at the balance-sheet date	2	2
full-time	2	1
part-time	-	1
in full-time equivalents	2	1.4
Average over the year, in full-time equivalents	0.9	0.8
On a permanent contract	-	1
Joined	12	10
Left	11	9

4COMTRADE

Annual accounts 2023

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency94.5%

Current ratio10.40

Return on assets-3.0%

Staff

Staff cost per FTE€29,338

Joined and left+1

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Insights on 4COMTRADE

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