AP.Bat
Open bankruptcyFinancials · financial year 2022, full format
2022 annual accounts filed 127 days after the deadline Filed on 4 September 2023, deadline 30 April 2023 (7 months after the close on 30 September 2022, Companies Code art. 3:10). Source: NBB, 2023-00437871.
Annual accounts 2022 filed on 04-09-2023 PDF
Turnover
€147,763
EBIT margin
-25.8%
Net result
-€38,156
Working capital
-€38,635
Balance-sheet composition
Assets €14,091
Fixed assets
€3,479
Current assets
€10,612
Equity and liabilities
Equity-€35,156
Debt€49,247
Equity is negative. Debt (€49,247) exceeds the balance-sheet total (€14,091).
Key figures and ratios
EBITDA
-€36,829
Cash flow
-€36,855
Solvency
-249.5%
Current ratio
0.22
Quick ratio
0.10
ROA
-270.8%
Interest coverage
-1416.50
Debt
€49,247
Debt ≤ 1 year
€49,247
Customer credit
12 days
Supplier credit
30 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Investments
| Item | 30-09-2022 |
|---|---|
| Tangible fixed assets | €3,940 |
| Financial fixed assets | €840 |
| Depreciation and write-downs of the year | €1,301 |
Source: notes to the 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 |
|---|---|
| Turnover70 | €147,763 |
| Goods, raw materials, services and sundry goods60/61 | €106,724 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,301 |
| Gross operating margin9900 | -€36,829 |
| Operating profit (loss)9901 | -€38,130 |
| Financial charges65/66B | €26 |
| Recurring financial charges65 | €26 |
| Profit (loss) for the period before taxes9903 | -€38,156 |
| Profit (loss) for the period9904 | -€38,156 |
| Profit (loss) for the period to be appropriated9905 | -€38,156 |
| Line | 2022 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €14,091 | |
| Fixed assets21/28 | €3,479 | |
| Tangible fixed assets22/27 | €2,639 | |
| Furniture and vehicles24 | €2,639 | |
| Financial fixed assets28 | €840 | |
| Current assets29/58 | €10,612 | |
| Stocks and contracts in progress3 | €5,620 | |
| Stocks30/36 | €5,620 | |
| Amounts receivable within one year40/41 | €4,698 | |
| Other amounts receivable41 | €4,698 | |
| Cash at bank and in hand54/58 | €294 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €14,091 | |
| Equity10/15 | -€35,156 | |
| Contributions10/11 | €3,000 | |
| Capital10 | €3,000 | |
| Issued capital100 | €3,000 | |
| Profit (loss) carried forward14 | -€38,156 | |
| Amounts payable17/49 | €49,247 | |
| Amounts payable within one year42/48 | €49,247 | |
| Trade debts44 | €8,830 | |
| Suppliers440/4 | €8,830 | |
| Taxes, remuneration and social security45 | €32,660 | |
| Taxes450/3 | €29,769 | |
| Remuneration and social security454/9 | €2,891 | |
| Other amounts payable47/48 | €7,757 | |
| Line | 2022 |
|---|---|
| Profit (loss) for the period9904 | -€38,156 |
| + Depreciation and write-downs630 | €1,301 |
| Operating cash flow (approximation) | -€36,855 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2022 | full format | 04-09-2023 | 2023-00437871 |