ACCEPTO
InactiveFinancials · financial year 2022, micro format
Turnover
€62,508
EBIT margin
45.2%
Net result
€2,382▼ 94.0%
2021 · €39,574
Working capital
€339,991▼ 8.0%
2021 · €369,719
Trend over the years
2019 to 2022, 4 financial years 2019 to 2022, 4 financial years
The operating result falls in 2022; 2022 is 60% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€28,283
2022
Net result€2,382
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€651,171
2022
Equity€267,944
2022
Debt€381,768
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€339,991
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)2.7
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Turnover€62,508
Operating result€79,313-€28,079▼ 64.6%€70,915▲ 153%€28,283▼ 60.1%
Net result€26,769--€1,589€39,574€2,382▼ 94.0%
EBIT margin45.2%
Equity€296,908-€292,485▼ 1.5%€304,225▲ 4.0%€267,944▼ 11.9%
Total assets€899,189-€753,793▼ 16.2%€779,712▲ 3.4%€651,171▼ 16.5%
Debt€596,444-€456,930▼ 23.4%€472,568▲ 3.4%€381,768▼ 19.2%
Working capital€363,421-€364,385▲ 0.3%€369,719▲ 1.5%€339,991▼ 8.0%
Staff (FTE)3.4-3.5▲ 2.9%2.7▼ 22.9%
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €651,171
Fixed assets
€199,002 ▼ 22.4%
Current assets
€452,168 ▼ 13.6%
Equity and liabilities €651,171
Equity
€267,944 ▼ 11.9%
Provisions
€1,459 ▼ 50.0%
Debt
€381,768 ▼ 19.2%
Debt's share of the balance-sheet total falls from 60.6% to 58.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€76,225▼
2021 · €113,596
Cash flow
€50,324▼
2021 · €82,254
Current ratio
4.03▲
2021 · 3.41
Debt to equity
1.42▲
2021 · 1.05
ROE
0.9%▼
2021 · 13.0%
ROA
0.4%▼
2021 · 5.1%
Interest coverage
3.00
Debt ≤ 1 year
€112,177▼
2021 · €153,461
Debt > 1 year
€269,191▼
2021 · €318,224
Income taxes
€6,058▼
2021 · €13,832
Staff costs
-€768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €62,508 | - |
| Non-recurring operating income76A | - | - | - | €105,764 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €81,150 | - |
| Remuneration, social security and pensions62 | - | - | - | -€768 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,925 | €44,922 | €42,680 | €47,942 | ▲ 12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€16,625 | - |
| Other operating charges640/8 | - | - | - | €55,805 | - |
| Gross operating margin9900 | €317,565 | €226,337 | €235,566 | €114,636 | ▼ 51.3% |
| Operating profit (loss)9901 | €79,313 | €28,079 | €70,915 | €28,283 | ▼ 60.1% |
| Financial income75/76B | - | - | - | €2,709 | - |
| Recurring financial income75 | €4,755 | €4,725 | €3,301 | €2,709 | ▼ 17.9% |
| Financial charges65/66B | - | - | - | €25,386 | - |
| Recurring financial charges65 | €26,457 | €24,612 | €23,645 | €25,386 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €56,732 | €8,192 | €50,572 | €5,606 | ▼ 88.9% |
| Transfer from deferred taxes780 | - | - | - | €2,834 | - |
| Income taxes67/77 | €31,422 | €11,240 | €13,832 | €6,058 | ▼ 56.2% |
| Profit (loss) for the period9904 | €26,769 | -€1,589 | €39,574 | €2,382 | ▼ 94.0% |
| Profit (loss) for the period to be appropriated9905 | €26,769 | -€1,589 | €39,574 | €2,382 | ▼ 94.0% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €899,189 | €753,793 | €779,712 | €651,171 | ▼ 16.5% |
| Fixed assets21/28 | €329,720 | €288,081 | €256,531 | €199,002 | ▼ 22.4% |
| Tangible fixed assets22/27 | €329,720 | €288,081 | €256,531 | €199,002 | ▼ 22.4% |
| Land and buildings22 | - | - | - | €10,659 | - |
| Furniture and vehicles24 | - | - | - | €618 | - |
| Leasing and similar rights25 | - | - | - | €175,406 | - |
| Other tangible fixed assets26 | - | - | - | €12,320 | - |
| Current assets29/58 | €569,469 | €465,712 | €523,180 | €452,168 | ▼ 13.6% |
| Amounts receivable within one year40/41 | €169,599 | €130,740 | €120,237 | €86,527 | ▼ 28.0% |
| Trade receivables40 | - | - | - | €27,572 | - |
| Other amounts receivable41 | - | - | - | €58,955 | - |
| Cash at bank and in hand54/58 | €396,889 | €325,604 | €391,943 | €301,297 | ▼ 23.1% |
| Deferred charges and accrued income490/1 | - | - | - | €64,345 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €899,189 | €753,793 | €779,712 | €651,171 | ▼ 16.5% |
| Equity10/15 | €296,908 | €292,485 | €304,225 | €267,944 | ▼ 11.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €5,456 | - |
| Reserves13 | €279,372 | €277,784 | €292,357 | €259,654 | ▼ 11.2% |
| Non-distributable reserves130/1 | - | - | - | €1,637 | - |
| Reserves not available under the articles1311 | - | - | - | €1,637 | - |
| Distributable reserves133 | - | - | - | €258,017 | - |
| Investment grants15 | - | - | - | €2,834 | - |
| Provisions and deferred taxes16 | €5,837 | €4,378 | €2,918 | €1,459 | ▼ 50.0% |
| Deferred taxes168 | - | - | - | €1,459 | - |
| Amounts payable17/49 | €596,444 | €456,930 | €472,568 | €381,768 | ▼ 19.2% |
| Amounts payable after more than one year17 | €389,942 | €355,119 | €318,224 | €269,191 | ▼ 15.4% |
| Financial debts170/4 | - | - | - | €269,191 | - |
| Amounts payable within one year42/48 | €206,048 | €101,328 | €153,461 | €112,177 | ▼ 26.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €39,471 | - |
| Trade debts44 | €79,126 | €18,092 | €30,927 | €45,858 | ▲ 48.3% |
| Suppliers440/4 | - | - | - | €45,858 | - |
| Taxes, remuneration and social security45 | - | - | - | €6,229 | - |
| Taxes450/3 | - | - | - | €6,229 | - |
| Other amounts payable47/48 | - | - | - | €20,619 | - |
| Accrued charges and deferred income492/3 | - | - | - | €400 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,769 | -€1,589 | €39,574 | €2,382 | ▼ 94.0% |
| + Depreciation and write-downs630 | €47,925 | €44,922 | €42,680 | €47,942 | ▲ 12.3% |
| Operating cash flow (approximation) | €74,694 | €43,333 | €82,254 | €50,324 | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | -€3,283 | -€11,131 | €9,587 | - |
| Change in cash | - | -€71,285 | €66,339 | -€90,646 | - |
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 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2022 | micro format | 25-01-2023 | 2023-00003151 |
| 31-03-2021 | micro format | 21-10-2021 | 2021-72400153 |
| 31-03-2020 | abbreviated format | 26-10-2020 | 2020-62900024 |
| 31-03-2019 | abbreviated format | 24-10-2019 | 2019-71000041 |
| 31-03-2018 | abbreviated format | 01-10-2018 | 2018-66300534 |
| 31-03-2017 | abbreviated format | 24-10-2017 | 2017-67500172 |
| 31-03-2016 | abbreviated format | 21-10-2016 | 2016-65900219 |
| 31-03-2015 | abbreviated format | 28-09-2015 | 2015-60000279 |
| 31-03-2014 | abbreviated format | 24-10-2014 | 2014-65200557 |
| 31-03-2013 | abbreviated format | 30-10-2013 | 2013-64200400 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.