ACQUISITIS
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 30-06-2024, 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
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 29-01-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
2 d early
2022
41 d early
2021
25 d early
2020
41 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€3,983
2022 · -€98,006
Total assets
€3.4m▲ 38.2%
2022 · €2.4m
Net result
€101,988
2022 · -€9,377
Working capital
-€277,420▼ 138%
2022 · -€116,440
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,593--€21,689▼ 1,261%€16,510€29,306▲ 77.5%€170,009▲ 480%
Net result-€1,791--€25,110▼ 1,302%-€5,044▲ 79.9%-€9,377▼ 85.9%€101,988
Equity-€58,475--€83,585▼ 42.9%-€88,629▼ 6.0%-€98,006▼ 10.6%€3,983
Total assets€462-€372,815▲ 80,589%€1.8m▲ 376%€2.4m▲ 37.4%€3.4m▲ 38.2%
Debt€58,937-€456,400▲ 674%€1.9m▲ 308%€2.5m▲ 36.1%€3.4m▲ 32.7%
Working capital-€58,475--€59,525▼ 1.8%-€129,663▼ 118%-€116,440▲ 10.2%-€277,420▼ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 480% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.4m
Fixed assets
€3.1m ▲ 32.5%
Current assets
€246,312 ▲ 203%
Equity and liabilities €3.4m
Equity
€3,983
Debt
€3.4m
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€311,186▲
2022 · €71,157
Cash flow
€243,165▲
2022 · €32,474
Current ratio
0.47▲
2022 · 0.41
ROA
3.0%▲
2022 · -0.4%
Interest coverage
4.57▲
2022 · 1.84
Debt ≤ 1 year
€523,732▲
2022 · €197,660
Debt > 1 year
€2.8m▲
2022 · €2.3m
A ratio outside any meaningful range has been withheld (balance sheet total €3.4m, equity €3,983).
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 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €11,339 | €41,851 | €141,177 | ▲ 237% |
| Other operating charges640/8 | - | - | - | €303 | €9,062 | ▲ 2,892% |
| Gross operating margin9900 | -€1,593 | -€21,589 | €29,266 | €71,460 | €320,248 | ▲ 348% |
| Operating profit (loss)9901 | -€1,593 | -€21,689 | €16,510 | €29,306 | €170,009 | ▲ 480% |
| Financial income75/76B | - | - | - | - | €19 | - |
| Recurring financial income75 | - | - | €11 | - | €19 | - |
| Financial charges65/66B | - | - | - | €38,683 | €68,040 | ▲ 75.9% |
| Recurring financial charges65 | €197 | €3,421 | €21,564 | €38,683 | €68,040 | ▲ 75.9% |
| Profit (loss) for the period before taxes9903 | -€1,791 | -€25,110 | -€5,044 | -€9,377 | €101,988 | ▲ 1,188% |
| Profit (loss) for the period9904 | -€1,791 | -€25,110 | -€5,044 | -€9,377 | €101,988 | ▲ 1,188% |
| Profit (loss) for the period to be appropriated9905 | -€1,791 | -€25,110 | -€5,044 | -€9,377 | €101,988 | ▲ 1,188% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €462 | €372,815 | €1.8m | €2.4m | €3.4m | ▲ 38.2% |
| Fixed assets21/28 | - | €355,393 | €1.7m | €2.4m | €3.1m | ▲ 32.5% |
| Tangible fixed assets22/27 | - | €355,393 | €1.7m | €2.4m | €3.1m | ▲ 32.5% |
| Land and buildings22 | - | - | - | €1.9m | €3.1m | ▲ 66.6% |
| Assets under construction and advance payments27 | - | - | - | €482,171 | - | - |
| Current assets29/58 | €462 | €17,423 | €70,484 | €81,220 | €246,312 | ▲ 203% |
| Amounts receivable within one year40/41 | €226 | €6,078 | €63,639 | €58,264 | €182,530 | ▲ 213% |
| Trade receivables40 | - | - | - | €7,379 | €18,072 | ▲ 145% |
| Other amounts receivable41 | - | - | - | €50,885 | €164,457 | ▲ 223% |
| Cash at bank and in hand54/58 | €236 | €11,345 | €6,844 | €22,956 | €62,195 | ▲ 171% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,587 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €462 | €372,815 | €1.8m | €2.4m | €3.4m | ▲ 38.2% |
| Equity10/15 | -€58,475 | -€83,585 | -€88,629 | -€98,006 | €3,983 | ▲ 104% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€77,075 | -€102,185 | -€107,229 | -€116,606 | -€14,617 | ▲ 87.5% |
| Amounts payable17/49 | €58,937 | €456,400 | €1.9m | €2.5m | €3.4m | ▲ 32.7% |
| Amounts payable after more than one year17 | - | €379,452 | €1.7m | €2.3m | €2.8m | ▲ 20.8% |
| Financial debts170/4 | - | - | - | €2.3m | €2.8m | ▲ 20.8% |
| Amounts payable within one year42/48 | €58,937 | €76,948 | €200,147 | €197,660 | €523,732 | ▲ 165% |
| Current portion of amounts payable after more than one year42 | - | - | - | €77,407 | €134,847 | ▲ 74.2% |
| Trade debts44 | €199 | €513 | €63,509 | €990 | €327,502 | ▲ 32,967% |
| Suppliers440/4 | - | - | - | €990 | €327,502 | ▲ 32,967% |
| Advances received on contracts in progress46 | - | - | - | €7,960 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €4,599 | €27,428 | ▲ 496% |
| Taxes450/3 | - | - | - | €4,599 | €27,428 | ▲ 496% |
| Other amounts payable47/48 | - | - | - | €106,704 | €33,956 | ▼ 68.2% |
| Accrued charges and deferred income492/3 | - | - | - | €14,097 | €34,758 | ▲ 147% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,791 | -€25,110 | -€5,044 | -€9,377 | €101,988 | ▲ 1,188% |
| + Depreciation and write-downs630 | - | - | €11,339 | €41,851 | €141,177 | ▲ 237% |
| Operating cash flow (approximation) | -€1,791 | -€25,110 | €6,295 | €32,474 | €243,165 | ▲ 649% |
| Investment in fixed assets (approximation) | - | - | -€1.4m | -€695,314 | -€908,872 | ▼ 30.7% |
| Change in cash | - | €11,109 | -€4,500 | €16,111 | €39,239 | ▲ 144% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €101,988
Net result €101,988 after 4 loss-making years.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet -€25,110
Net result drops to -€25,110, the lowest in the series.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
02-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
27-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
2 ownersChain of control
- LUSTRE
- ACQUISITIS
Highest known parent: LUSTRE. The sources do not say who stands above it.
Owners 2
- LUSTREparentSourceaccounts LUSTRE 202577.42%
- Sourceaccounts AMICOR 202239.25%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.