AARDE
InactiveFinancials · financial year 2023, micro format
Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€163▼ 99.3%
2022 · €23,237
Net result
€49,621
2022 · -€26,435
Working capital
€163▼ 99.3%
2022 · €22,849
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €49,868 after a loss of €26,295 in 2022, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€49,868
2023
Net result€49,621
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€163
2023
Equity€163
2023
Debt€0
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€163
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€36,964--€9,841▲ 73.4%€4,573-€22,118-€26,295▼ 18.9%€49,868
Net result-€32,843--€7,556▲ 77.0%€6,651-€22,272-€26,435▼ 18.7%€49,621
Equity€72,112-€64,557▼ 10.5%€71,208▲ 10.3%€48,936▼ 31.3%€22,501▼ 54.0%€163▼ 99.3%
Total assets€74,149-€64,836▼ 12.6%€71,619▲ 10.5%€48,936▼ 31.7%€23,237▼ 52.5%€163▼ 99.3%
Debt€2,037-€279▼ 86.3%€411▲ 47.1%€736€0▼ 100%
Working capital€70,737-€63,182▼ 10.7%€71,208▲ 12.7%€22,849€163▼ 99.3%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Debt ≤ 1 year
€0▼
2022 · €388
Ratios withheld: a balance sheet total of €163 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 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €71,959 | - |
| Other operating charges640/8 | - | - | - | €468 | €469 | €516 | ▲ 10.0% |
| Gross operating margin9900 | -€36,486 | -€9,361 | €5,063 | -€21,651 | -€25,826 | €50,384 | - |
| Operating profit (loss)9901 | -€36,964 | -€9,841 | €4,573 | -€22,118 | -€26,295 | €49,868 | - |
| Recurring financial income75 | €4,120 | €2,538 | €3,365 | - | - | - | - |
| Financial charges65/66B | - | - | - | €153 | €140 | €247 | ▲ 75.8% |
| Recurring financial charges65 | -€1 | €253 | €1,287 | €153 | €140 | €247 | ▲ 75.8% |
| Profit (loss) for the period before taxes9903 | -€32,843 | -€7,556 | €6,651 | -€22,272 | -€26,435 | €49,621 | - |
| Profit (loss) for the period9904 | -€32,843 | -€7,556 | €6,651 | -€22,272 | -€26,435 | €49,621 | - |
| Profit (loss) for the period to be appropriated9905 | -€32,843 | -€7,556 | €6,651 | -€22,272 | -€26,435 | €49,621 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €74,149 | €64,836 | €71,619 | €48,936 | €23,237 | €163 | ▼ 99.3% |
| Fixed assets21/28 | €1,375 | €1,375 | - | - | - | - | - |
| Financial fixed assets28 | €1,375 | €1,375 | - | - | - | - | - |
| Current assets29/58 | €72,774 | €63,461 | €71,619 | €48,936 | €23,237 | €163 | ▼ 99.3% |
| Stocks and contracts in progress3 | €28,435 | €8,918 | €8,918 | - | - | - | - |
| Amounts receivable within one year40/41 | €39,970 | €51,973 | €58,851 | - | - | - | - |
| Cash at bank and in hand54/58 | €249 | €32 | €485 | €48,156 | €22,715 | €163 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | - | - | €780 | €521 | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €74,149 | €64,836 | €71,619 | €48,936 | €23,237 | €163 | ▼ 99.3% |
| Equity10/15 | €72,112 | €64,557 | €71,208 | €48,936 | €22,501 | €163 | ▼ 99.3% |
| Contributions10/11 | €350,274 | €350,274 | - | €350,274 | €350,274 | €350,274 | = |
| Revaluation surpluses12 | - | - | - | €71,959 | €71,959 | €0 | ▼ 100% |
| Reserves13 | €5,229 | €5,229 | €5,229 | €5,229 | €5,229 | €5,229 | = |
| Distributable reserves133 | - | - | - | €5,229 | €5,229 | €5,229 | = |
| Profit (loss) carried forward14 | -€355,349 | -€362,905 | -€356,254 | -€378,525 | -€404,960 | -€355,339 | ▲ 12.3% |
| Amounts payable17/49 | €2,037 | €279 | €411 | - | €736 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €2,037 | €279 | €411 | - | €388 | €0 | ▼ 100% |
| Trade debts44 | €160 | €96 | - | - | €388 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | - | €388 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | - | €348 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,843 | -€7,556 | €6,651 | -€22,272 | -€26,435 | €49,621 | - |
| Operating cash flow (approximation) | -€32,843 | -€7,556 | €6,651 | -€22,272 | -€26,435 | €49,621 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - |
| Change in cash | - | -€217 | €453 | €47,672 | -€25,441 | -€22,552 | ▲ 11.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 14-05-2024 | 2024-00086504 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00406658 |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20118894 |
| 31-12-2020 | micro format | 02-06-2021 | 2021-16900004 |
| 31-12-2019 | micro format | 05-06-2020 | 2020-15300476 |
| 31-12-2018 | micro format | 05-06-2019 | 2019-16500449 |
| 31-12-2017 | micro format | 13-06-2018 | 2018-18900433 |
| 31-12-2016 | micro format | 29-05-2017 | 2017-13900495 |
| 31-12-2015 | abbreviated format | 03-06-2016 | 2016-15500074 |
| 31-12-2014 | abbreviated format | 05-06-2015 | 2015-16200507 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.