ALMATECH
Annual accounts 2023
full format, filed on 18-11-2024, 110 days lateMoney flows
of every €100 of turnover, €18.89 was lost in 2023Balance sheet
balance sheet total €1.2m on 31-12-2023in euro
in euro
Position in the sector
-63.5%
Lower than 95% of 3,571 companies in 2023.
0.59
Higher than 5% of 3,537 companies in 2023.
-48.8%
Lower than 95% of 3,555 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€179,461
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1.2m | 323,232 | 75,342 | 138,397 | |
21/28 |
42,938 | 37,909 | 33,454 | 24,133 | |
22/27 |
42,638 | 37,609 | 33,154 | 23,833 | |
22 |
5,564 | - | - | - | |
23 |
9,079 | 11,507 | 1,208 | 678 | |
24 |
15,873 | 11,708 | 15,281 | 4,217 | |
26 |
12,122 | 14,394 | 16,666 | 18,938 | |
28 |
300 | 300 | 300 | 300 | |
29/58 |
1.1m | 285,323 | 41,888 | 114,264 | |
3 |
203,119 | 245,659 | - | - | |
30/36 |
203,119 | 245,659 | - | - | |
40/41 |
898,066 | 35,640 | 25,655 | 26,588 | |
40 |
889,002 | 35,640 | 25,655 | - | |
41 |
9,064 | - | - | 26,588 | |
54/58 |
11,057 | 4,024 | 16,233 | 87,676 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1.2m | 323,232 | 75,342 | 138,397 | |
10/15 |
-734,057 | -170,807 | -22,813 | 60,278 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | |
10 |
10,000 | 10,000 | 10,000 | - | |
100 |
10,000 | 10,000 | 10,000 | 10,000 | |
14 |
-744,057 | -180,807 | -32,813 | 50,278 | |
17/49 |
1.9m | 494,039 | 98,155 | 78,118 | |
42/48 |
1.9m | 494,039 | 98,155 | 78,118 | |
44 |
1.9m | 454,770 | 79,200 | 78,118 | |
440/4 |
1.9m | 454,770 | 79,200 | 78,118 | |
45 |
- | 39,269 | 18,955 | - | |
450/3 |
- | 4,069 | 18,955 | - | |
454/9 |
- | 35,200 | - | - | |
| Income statement | |||||
70 |
3.0m | 2.4m | 2.6m | 1.2m | |
9900 |
235,494 | 371,663 | 163,845 | 185,879 | |
60/61 |
2.7m | 2.0m | 2.4m | 1.0m | |
62 |
717,843 | 462,698 | 210,560 | 128,017 | |
630 |
10,771 | 7,774 | 5,303 | 1,563 | |
640/8 |
54,212 | 39,046 | 12,004 | 5,931 | |
9901 |
-547,333 | -137,856 | -64,023 | 50,368 | |
65/66B |
15,917 | 10,139 | 2,518 | 90 | |
65 |
15,917 | 10,139 | 2,518 | 90 | |
9903 |
-563,250 | -147,994 | -66,540 | 50,278 | |
67/77 |
- | - | 16,551 | - | |
9904 |
-563,250 | -147,994 | -83,091 | 50,278 | |
9905 |
-563,250 | -147,994 | -83,091 | 50,278 | |
| Appropriation of the result | |||||
9906 |
-744,057 | -180,807 | -32,813 | 50,278 | |
14P |
-180,807 | -32,813 | 50,278 | - | |
| Social balance sheet | |||||
9087 |
4 | - | - | 3.3 | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 18-11-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 110 days after the deadline. Filed on 18 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00601863.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| -536,562 | -130,081 | -58,719 | 51,931 | ||
| -552,479 | -140,220 | -77,788 | 51,842 | ||
| 15,800 | 12,229 | 14,625 | 25,696 | ||
| 7,034 | -12,209 | -71,442 | - | ||
| -776,995 | -208,716 | -56,267 | 36,146 | ||
| -18.4% | -5.8% | -2.5% | 4.1% | ||
| -63.5% | -52.8% | -30.3% | 43.6% | ||
| 0.59 | 0.58 | 0.43 | 1.46 | ||
| 0.48 | 0.08 | 0.43 | 1.46 | ||
| - | - | - | 1.30 | ||
| - | - | - | 83.4% | ||
| -48.8% | -45.8% | -110.3% | 36.3% | ||
| -33.71 | -12.83 | -23.32 | - | ||
| 109 days | 5 days | 4 days | 8 days | ||
| 251 days | 82 days | 12 days | 28 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €15,800 | €12,229 | €14,625 |
| €10,771 | €7,774 | €5,303 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on ALMATECH
The operating result for 2023 is a loss of €547,333, larger than the loss of €137,856 in 2022. It is the lowest result since 2020.
Equity is negative. Debt (€1.9m) exceeds the balance-sheet total (€1.2m).
- 2021 Turnover +113% on 2020. The accounts now follow the micro format, last year the full format.