5EME SENS
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-07-2024, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
26 d early
2022
31 d late
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€521k▲ 37.0%
2022 · €380k
2018: €7k
2019: €57k
2020: €66k
2021: €160k
2022: €380k
2018 → 2023
Working capital
€1.01M▲ 159%
2022 · €391k
2018: €8k
2019: €48k
2020: €21k
2021: €125k
2022: €391k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€184k-€198k▲ 8.1%€359k▲ 80.8%€693k▲ 93.1%€1.21M▲ 75.1%
Operating result€95k-€115k▲ 20.7%€252k▲ 120%€526k▲ 108%€717k▲ 36.3%
Net result€57k-€66k▲ 14.3%€160k▲ 145%€380k▲ 137%€521k▲ 37.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 36% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.98M
Fixed assets
€733k ▼ 24.2%
Current assets
€1.25M ▲ 74.8%
Equity and liabilities €1.98M
Equity
€1.21M ▲ 75.1%
Debt
€765k ▼ 22.5%
Debt's share of the balance-sheet total falls from 58.7% to 38.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€812k▲
2022 · €644k
Cash flow
€615k▲
2022 · €498k
Current ratio
5.39▲
2022 · 2.22
Quick ratio
5.17▲
2022 · 2.20
Debt to equity
0.63▼
2022 · 1.42
ROE
42.9%▼
2022 · 54.8%
ROA
26.3%▲
2022 · 22.6%
Interest coverage
33.29▲
2022 · 27.60
Debt ≤ 1 year
€231k▼
2022 · €321k
Debt > 1 year
€534k▼
2022 · €665k
Income taxes
€173k▲
2022 · €124k
Staff costs
€236k▲
2022 · €173k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 55 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.68M€1.98M▲
Fixed assets21/28€967k€733k▼
Tangible fixed assets22/27€914k€733k▼
Land and buildings22€738k€657k▼
Plant, machinery and equipment23€86k€72k▼
Furniture and vehicles24€90k€3k▼
Financial fixed assets28€53k-
Current assets29/58€712k€1.25M▲
Stocks and contracts in progress3€7k€51k▲
Stocks30/36€7k€51k▲
Amounts receivable within one year40/41€24k€413k▲
Trade receivables40€312-
Other amounts receivable41€24k€413k▲
Cash at bank and in hand54/58€671k€774k▲
Deferred charges and accrued income490/1€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.98M▲
Equity10/15€693k€1.21M▲
Contributions10/11€12k€12k=
Reserves13€292k€292k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€291k€291k=
Profit (loss) carried forward14€388k€909k▲
Amounts payable17/49€986k€765k▼
Amounts payable after more than one year17€665k€534k▼
Financial debts170/4€665k€534k▼
Amounts payable within one year42/48€321k€231k▼
Current portion of amounts payable after more than one year42€130k€125k▼
Financial debts43€914€3k▲
Credit institutions430/8€914€3k▲
Trade debts44€103k€9k▼
Suppliers440/4€103k€9k▼
Taxes, remuneration and social security45€44k€94k▲
Taxes450/3€10k€55k▲
Remuneration and social security454/9€34k€39k▲
Other amounts payable47/48€44k-
Income statement
Code20222023
Remuneration, social security and pensions62€173k€236k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118k€95k▼
Other operating charges640/8€15k€25k▲
Gross operating margin9900€832k€1.07M▲
Operating profit (loss)9901€526k€717k▲
Financial income75/76B€708€761▲
Recurring financial income75€708€761▲
Financial charges65/66B€23k€24k▲
Recurring financial charges65€23k€24k▲
Profit (loss) for the period before taxes9903€504k€694k▲
Income taxes67/77€124k€173k▲
Profit (loss) for the period9904€380k€521k▲
Profit (loss) for the period to be appropriated9905€380k€521k▲
Appropriation of the result
Profit (loss) to be appropriated9906€388k€909k▲
Profit (loss) brought forward from the previous period14P€8k€388k▲
Transfer from equity791/2€46k-
Profit to be distributed694/7€46k-
Return on contributions (dividend)694€46k-
Social balance
Average headcount (FTE)90874.85.8▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €521k ▲37%
Operating result €717k, net result €521k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.39
Current ratio from 2.22 to 5.39; short-term debt falls from €321k to €231k.
31-12
Financial
Equity above €1MEq €1.21M ▲75.1%
6 profitable years in a row build equity to €1.21M.
21-11
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €693k ▲93.1%
5 profitable years in a row build equity to €693k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €200kEq €359k ▲80.8%
4 profitable years in a row build equity to €359k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150kEq €184k ▲45.4%
2 profitable years in a row build equity to €184k.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:OD Tandartsen