ABBYSLEEP
Open bankruptcyFinancials · fiscal year 2023, abbreviated schema
Equity
€734,200▼ 54.5%
2021 · €1.6m
Total assets
€4.8m▲ 34.2%
2021 · €3.6m
Net result
-€376,383▼ 74.5%
2021 · -€215,666
Working capital
-€1.8m▼ 1,081%
2021 · -€149,139
Trend over the years
2018 to 2023, 4 fiscal years 2018 to 2023, 4 fiscal years
The operating result is -€243,472 in 2023, compared with -€162,776 in 2021. Comparable figures for the intervening years are unavailable.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€0.2m
2023
Net result-€0.4m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.8m
2023
Equity€0.7m
2023
Debt€4.1m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.8m
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-7.9%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency15.3%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.49
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)9.2
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920212023
Operating result-€0.01m--€0.03m▼ 219%-€0.2m--€0.2m-
Net result-€0.01m--€0.03m▼ 125%-€0.2mbelow the sector's middle half--€0.4mbelow the sector's middle half-
Equity€1.8m-€1.8m▼ 1.6%€1.6mabove the sector's middle half-€0.7mwithin the sector's middle half-
Total assets€2.2m-€2.3m▲ 5.9%€3.6mabove the sector's middle half-€4.8mabove the sector's middle half-
Debt€0.4m-€0.6m▲ 37.8%€2.0m-€4.1m-
Working capital€0.04m-€0.08m▲ 107%-€0.1mbelow the sector's middle half--€1.8mbelow the sector's middle half-
Solvency81.1%-75.4%▼ 5.7pp45.3%within the sector's middle half-15.3%below the sector's middle half-
Current ratio1.80-1.93▲ 0.130.42below the sector's middle half-0.49below the sector's middle half-
Return on assets (ROA)-0.6%--1.2%▼ 0.6pp-6.0%below the sector's middle half--7.9%below the sector's middle half-
Staff (FTE)0.9-1.7▲ 88.9%2within the sector's middle half-9.2within the sector's middle half-
above
within
below
the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €4.8m
Fixed assets
€3.1m ▼ 10.5%
Current assets
€1.7m ▲ 1,439%
Equity and liabilities €4.8m
Equity
€734,200 ▼ 54.5%
Debt
€4.1m ▲ 107%
Debt's share of the balance-sheet total rises from 54.7% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€219,844▲
2021 · -€154,466
Cash flow
€86,933▲
2021 · -€207,356
Quick ratio
0.11▼
2021 · 0.42
Debt to equity
5.52▲
2021 · 1.21
ROE
-51.3%▼
2021 · -13.4%
Interest coverage
1.42▲
2021 · -3.01
Debt ≤ 1 year
€3.5m▲
2021 · €259,071
Debt > 1 year
€490,876▼
2021 · €1.7m
Staff costs
€474,494▲
2021 · €85,483
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €85,483 | €474,494 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €595 | €8,485 | €8,310 | €463,316 | - |
| Other operating charges640/8 | - | - | €1,180 | €35,075 | - |
| Non-recurring operating charges66A | - | - | €1,250 | - | - |
| Gross operating margin9900 | €39,169 | €57,638 | -€66,552 | €729,413 | - |
| Operating profit (loss)9901 | -€9,904 | -€31,548 | -€162,776 | -€243,472 | - |
| Financial income75/76B | - | - | - | €21,432 | - |
| Recurring financial income75 | €16,454 | €17,329 | - | €21,432 | - |
| Financial charges65/66B | - | - | €51,348 | €154,344 | - |
| Recurring financial charges65 | €13,637 | €14,013 | €51,348 | €154,344 | - |
| Profit (loss) for the period before taxes9903 | -€7,086 | -€28,232 | -€214,124 | -€376,383 | - |
| Income taxes67/77 | €5,738 | €595 | €1,542 | - | - |
| Profit (loss) for the period9904 | -€12,824 | -€28,827 | -€215,666 | -€376,383 | - |
| Profit (loss) for the period to be appropriated9905 | -€12,824 | -€28,827 | -€215,666 | -€376,383 | - |
| Line | 2018 | 2019 | 2021 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.2m | €2.3m | €3.6m | €4.8m | - |
| Fixed assets21/28 | €2.1m | €2.2m | €3.5m | €3.1m | - |
| Intangible fixed assets21 | - | - | - | €2.9m | - |
| Tangible fixed assets22/27 | €350 | €0.03m | €0.02m | €0.2m | - |
| Plant, machinery and equipment23 | - | - | - | €0.08m | - |
| Furniture and vehicles24 | - | - | €0.02m | €0.08m | - |
| Financial fixed assets28 | €2.1m | €2.1m | €3.4m | €0.04m | - |
| Current assets29/58 | €0.09m | €0.2m | €0.1m | €1.7m | - |
| Stocks and contracts in progress3 | - | - | - | €1.3m | - |
| Stocks30/36 | - | - | - | €1.3m | - |
| Amounts receivable within one year40/41 | €0.08m | €0.1m | €0.09m | €0.06m | - |
| Trade receivables40 | - | - | €0.005m | €0.06m | - |
| Other amounts receivable41 | - | - | €0.09m | €0.002m | - |
| Cash at bank and in hand54/58 | €0.005m | €0.03m | €0.01m | €0.01m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.2m | €2.3m | €3.6m | €4.8m | - |
| Equity10/15 | €1.8m | €1.8m | €1.6m | €0.7m | - |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | - |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.02m | - |
| Non-distributable reserves130/1 | - | - | €0.006m | €0.006m | - |
| Reserves not available under the articles1311 | - | - | €0.006m | €0.006m | - |
| Distributable reserves133 | - | - | €0.1m | €0.02m | - |
| Profit (loss) carried forward14 | -€0.03m | -€0.06m | -€0.2m | -€1.0m | - |
| Amounts payable17/49 | €0.4m | €0.6m | €2.0m | €4.1m | - |
| Amounts payable after more than one year17 | €0.4m | €0.5m | €1.7m | €0.5m | - |
| Financial debts170/4 | - | - | €1.4m | €0.2m | - |
| Other amounts payable178/9 | - | - | €0.3m | €0.3m | - |
| Amounts payable within one year42/48 | €0.05m | €0.09m | €0.3m | €3.5m | - |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.1m | - |
| Financial debts43 | - | - | - | €1.8m | - |
| Credit institutions430/8 | - | - | - | €1.8m | - |
| Trade debts44 | €0.03m | €0.05m | €0.06m | €0.5m | - |
| Suppliers440/4 | - | - | €0.06m | €0.5m | - |
| Advances received on contracts in progress46 | - | - | - | €0.6m | - |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.3m | - |
| Taxes450/3 | - | - | €0.008m | €0.2m | - |
| Remuneration and social security454/9 | - | - | €0.01m | €0.08m | - |
| Other amounts payable47/48 | - | - | - | €0.1m | - |
| Accrued charges and deferred income492/3 | - | - | €0.001m | €0.1m | - |
| Line | 2018 | 2019 | 2021 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,824 | -€28,827 | -€215,666 | -€376,383 | - |
| + Depreciation and write-downs630 | €595 | €8,485 | €8,310 | €463,316 | - |
| Operating cash flow (approximation) | -€12,229 | -€20,342 | -€207,356 | €86,933 | - |
| Investment in fixed assets (approximation) | - | -€58,878 | - | - | - |
| Change in cash | - | €23,509 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 13,381 companies in this sector, figures are known for 7,058. 3,586 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €17,476 awarded · €17,476 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €9,338 | €9,338 |
| 2022 | 1 | €8,138 | €8,138 |