ANTRINCO
InactiveInactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 4 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
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-06-2022, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
33 d early
2020
17 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 29 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)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?Constantia HoldCo · 14 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
€113,859▼ 61.1%
2020 · €292,956
EBIT margin
14.1%▲ 19.6pp
2020 · -5.4%
Net result
€17,368▼ 99.5%
2020 · €3.5m
Working capital
€11,879
2020 · -€24,584
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
Line2018201920202021
Turnover€1.2m-€579,923▼ 50.3%€292,956▼ 49.5%€113,859▼ 61.1%
Operating result€841,177--€67,184-€15,918▲ 76.3%€16,097
Net result€588,297--€65,217€3.5m€17,368▼ 99.5%
EBIT margin72.1%--11.6%▼ 83.7pp-5.4%▲ 6.2pp14.1%▲ 19.6pp
Equity€6.2m-€6.1m▼ 1.1%€5.6m▼ 8.4%€5.6m▲ 0.3%
Total assets€6.4m-€8.3m▲ 28.9%€6.8m▼ 17.3%€5.7m▼ 16.1%
Debt€222,055-€2.1m▲ 864%€1.2m▼ 42.6%€107,029▼ 91.3%
Working capital€636,767-€58,911▼ 90.7%-€24,584€11,879
Staff (FTE)0.5-0.5=0.5=0.5=
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €16,097 after a loss of €15,918 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.7m
Fixed assets
€5.6m ▼ 0.3%
Current assets
€118,908 ▼ 90.1%
Equity and liabilities €5.7m
Equity
€5.6m ▲ 0.3%
Debt
€107,029 ▼ 91.3%
Debt's share of the balance-sheet total falls from 18.0% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,191▲
2020 · €16,386
Cash flow
€36,463▼
2020 · €3.5m
Current ratio
1.11▲
2020 · 0.98
Debt to equity
0.02
ROE
0.3%▼
2020 · 62.1%
ROA
0.3%▼
2020 · 50.9%
Interest coverage
24.77▲
2020 · 0.35
Debt ≤ 1 year
€107,029▼
2020 · €1.2m
Income taxes
€908
Staff costs
€36,956
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 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €128,859 | - |
| Turnover70 | €1.2m | €579,923 | €292,956 | €113,859 | ▼ 61.1% |
| Non-recurring operating income76A | - | - | - | €15,000 | - |
| Operating charges60/66A | - | - | - | €112,762 | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €11 | - |
| Purchases600/8 | - | - | - | €11 | - |
| Services and other goods61 | - | - | - | €55,964 | - |
| Remuneration, social security and pensions62 | - | - | - | €36,956 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,180 | €45,027 | €32,304 | €19,094 | ▼ 40.9% |
| Other operating charges640/8 | - | - | - | €737 | - |
| Operating profit (loss)9901 | €841,177 | -€67,184 | -€15,918 | €16,097 | ▲ 201% |
| Financial income75/76B | - | - | - | €3,600 | - |
| Recurring financial income75 | €0 | €3,757 | €3.5m | €3,600 | ▼ 99.9% |
| Income from financial fixed assets750 | - | - | - | €3,600 | - |
| Financial charges65/66B | - | - | - | €1,421 | - |
| Recurring financial charges65 | - | €716 | €46,799 | €1,421 | ▼ 97.0% |
| Debt charges650 | - | €154 | €46,799 | - | - |
| Other financial charges652/9 | - | - | - | €1,421 | - |
| Profit (loss) for the period before taxes9903 | €841,177 | -€64,143 | €3.5m | €18,276 | ▼ 99.5% |
| Income taxes67/77 | €252,880 | €1,074 | - | €908 | - |
| Taxes670/3 | - | - | - | €908 | - |
| Profit (loss) for the period9904 | €588,297 | -€65,217 | €3.5m | €17,368 | ▼ 99.5% |
| Profit (loss) for the period to be appropriated9905 | €588,297 | -€65,217 | €3.5m | €17,368 | ▼ 99.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €6.4m | €8.3m | €6.8m | €5.7m | ▼ 16.1% |
| Fixed assets21/28 | €5.6m | €7.9m | €5.6m | €5.6m | ▼ 0.3% |
| Intangible fixed assets21 | €59,963 | €53,404 | €23,922 | €6,738 | ▼ 71.8% |
| Tangible fixed assets22/27 | €5,920 | €5,118 | €2,297 | €386 | ▼ 83.2% |
| Furniture and vehicles24 | - | - | - | €386 | - |
| Financial fixed assets28 | €5.5m | €7.8m | €5.6m | €5.6m | = |
| Affiliated companies280/1 | - | - | - | €5.6m | - |
| Participating interests280 | - | - | - | €5.5m | - |
| Amounts receivable281 | - | - | - | €120,000 | - |
| Current assets29/58 | €858,822 | €399,032 | €1.2m | €118,908 | ▼ 90.1% |
| Amounts receivable within one year40/41 | €161,029 | €357,803 | €1.1m | €62,155 | ▼ 94.5% |
| Trade receivables40 | - | - | - | €14,859 | - |
| Other amounts receivable41 | - | - | - | €47,296 | - |
| Cash at bank and in hand54/58 | €697,793 | €41,230 | €68,828 | €56,753 | ▼ 17.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €6.4m | €8.3m | €6.8m | €5.7m | ▼ 16.1% |
| Equity10/15 | €6.2m | €6.1m | €5.6m | €5.6m | ▲ 0.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | - |
| Issued capital100 | - | - | - | €62,000 | - |
| Reserves13 | €6.1m | €6.1m | €2.1m | €2.1m | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | - |
| Legal reserve130 | - | - | - | €6,200 | - |
| Distributable reserves133 | - | - | - | €2.1m | - |
| Profit (loss) carried forward14 | €5.4m | €5.5m | €3.5m | €3.5m | ▲ 0.5% |
| Amounts payable17/49 | €222,055 | €2.1m | €1.2m | €107,029 | ▼ 91.3% |
| Amounts payable after more than one year17 | - | €1.8m | - | - | - |
| Amounts payable within one year42/48 | €222,055 | €340,121 | €1.2m | €107,029 | ▼ 91.3% |
| Trade debts44 | €77,238 | €329,984 | €9,488 | €315 | ▼ 96.7% |
| Suppliers440/4 | - | - | - | €315 | - |
| Taxes, remuneration and social security45 | - | - | - | €5,624 | - |
| Taxes450/3 | - | - | - | €908 | - |
| Remuneration and social security454/9 | - | - | - | €4,717 | - |
| Other amounts payable47/48 | - | - | - | €101,089 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €588,297 | -€65,217 | €3.5m | €17,368 | ▼ 99.5% |
| + Depreciation and write-downs630 | €59,180 | €45,027 | €32,304 | €19,094 | ▼ 40.9% |
| Operating cash flow (approximation) | €647,477 | -€20,190 | €3.5m | €36,463 | ▼ 99.0% |
| Investment in fixed assets (approximation) | - | -€2.4m | €2.2m | €0 | ▼ 100% |
| Change in cash | - | -€656,563 | €27,598 | -€12,075 | ▼ 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
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €3.5m
Net result €3.5m after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€65,217
Net result drops to -€65,217, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
04-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 35 days late
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
Part of the group
Constantia HoldCo
14 companies
Group, risk and exposure
Owners and holdings
1 owner · 4 holdingsChain of control
Highest known parent: Constantia HoldCo. The sources do not say who stands above it.
Owners 1
- Netceed Belgiumparent99%
Holdings 4
-
99.84%
-
99.76%
-
50%
-
50%
According to the 2021 annual accounts of ANTRINCO and those 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.