ASSAR LLOX ARCHITECTS
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 26-03-2024, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2023
55 d late
2022
61 d early
2021
68 d early
2020
86 d early
2019
23 d early
2018
55 d early
2017
70 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€235k▲ 1.9%
2022 · €231k
2018: €3.23M
2019: €321k
2020: €1.36M
2021: €6.17M
2022: €231k
2018 → 2023
EBIT margin
29.6%▼ 45.1pp
2022 · 74.7%
2018: 6.1%
2019: 21.2%
2020: 9.3%
2021: 15.6%
2022: 74.7%
2018 → 2023
Net result
€54k▼ 58.1%
2022 · €128k
2018: €123k
2019: €57k
2020: €91k
2021: €722k
2022: €128k
2018 → 2023
Working capital
€795k▲ 12.1%
2022 · €709k
2018: €675k
2019: €275k
2020: €331k
2021: €591k
2022: €709k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€321k-€1.36M▲ 324%€6.17M▲ 353%€231k▼ 96.3%€235k▲ 1.9%
Equity€333k-€355k▲ 6.4%€627k▲ 76.6%€755k▲ 20.4%€808k▲ 7.1%
Operating result€68k-€127k▲ 86.4%€963k▲ 658%€172k▼ 82.1%€70k▼ 59.7%
Net result€57k-€91k▲ 60.9%€722k▲ 689%€128k▼ 82.3%€54k▼ 58.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 60% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €14.29M
Fixed assets
€53k ▼ 9.7%
Current assets
€14.23M ▲ 4.8%
Equity and liabilities €14.29M
Equity
€808k ▲ 7.1%
Provisions
€29k ▲ 114%
Debt
€13.45M ▲ 4.5%
Debt's share of the balance-sheet total falls from 94.4% to 94.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▼
2022 · €193k
Cash flow
€59k▼
2022 · €149k
Current ratio
1.06▲
2022 · 1.06
Quick ratio
0.38▼
2022 · 0.46
Debt to equity
16.64▼
2022 · 17.06
ROE
6.6%▼
2022 · 16.9%
ROA
0.4%▼
2022 · 0.9%
Interest coverage
1000.56▼
2022 · 1389.48
Debt ≤ 1 year
€13.44M▲
2022 · €12.87M
Income taxes
€28k▼
2022 · €68k
Staff costs
€220k▼
2022 · €407k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 72 lines
Balance sheet
Code20222023
Assets
Total assets20/58€13.64M€14.29M▲
Fixed assets21/28€59k€53k▼
Tangible fixed assets22/27€29k€23k▼
Plant, machinery and equipment23€25k€20k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€30k€30k=
Other financial fixed assets284/8€30k€30k=
Amounts receivable and cash guarantees285/8€30k€30k=
Current assets29/58€13.58M€14.23M▲
Stocks and contracts in progress3€7.63M€9.08M▲
Contracts in progress37€7.63M€9.08M▲
Amounts receivable within one year40/41€5.94M€5.14M▼
Trade receivables40€2.22M€1.05M▼
Other amounts receivable41€3.72M€4.10M▲
Cash at bank and in hand54/58€2k€638▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€13.64M€14.29M▲
Equity10/15€755k€808k▲
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€17k€17k=
Distributable reserves133-€2k
Profit (loss) carried forward14€717k€771k▲
Provisions and deferred taxes16€14k€29k▲
Provisions for liabilities and charges160/5€14k€29k▲
Other liabilities and charges164/5€14k€29k▲
Amounts payable17/49€12.87M€13.45M▲
Amounts payable within one year42/48€12.87M€13.44M▲
Current portion of amounts payable after more than one year42€23k€3k▼
Trade debts44€835k€1.04M▲
Suppliers440/4€835k€1.04M▲
Advances received on contracts in progress46€9.74M€10.53M▲
Taxes, remuneration and social security45€240k€90k▼
Taxes450/3€196k€43k▼
Remuneration and social security454/9€44k€48k▲
Other amounts payable47/48€2.03M€1.77M▼
Accrued charges and deferred income492/3€0€11k▲
Income statement
Code20222023
Operating income70/76A€3.47M€1.78M▼
Turnover70€231k€235k▲
Change in stocks of work in progress, finished goods and contracts in progress71€3.21M€1.50M▼
Other operating income74€29k€43k▲
Non-recurring operating income76A€50-
Operating charges60/66A€3.30M€1.71M▼
Goods for resale, raw materials and consumables60€1.93M€907k▼
Purchases600/8€1.93M€907k▼
Services and other goods61€954k€516k▼
Remuneration, social security and pensions62€407k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-12k€43k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-9k€16k▲
Other operating charges640/8€5k€786▼
Non-recurring operating charges66A€45€303▲
Operating profit (loss)9901€172k€70k▼
Financial income75/76B€29k€14k▼
Recurring financial income75€29k€14k▼
Income from current assets751€29k€14k▼
Other financial income752/9€0€0▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Debt charges650€139€75▼
Other financial charges652/9€5k€2k▼
Profit (loss) for the period before taxes9903€196k€81k▼
Income taxes67/77€68k€28k▼
Taxes670/3€68k€28k▼
Profit (loss) for the period9904€128k€54k▼
Profit (loss) for the period to be appropriated9905€128k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€717k€771k▲
Profit (loss) brought forward from the previous period14P€589k€717k▲
Social balance
Average headcount (FTE)90878.18.7▲
The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 55 days late
05-02
State Gazette act
General meeting · Merger
Capital increase · Share issue
2023
20-10
State Gazette act
Board meeting · Merger
Capital · Corporate purpose · B. Nerincx
30-06
Financial
Weakest financial yearnet €54k ▼58.1%
Net result drops to €54k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €722k ▲689%
Operating result €963k, net result €722k, both a record.
31-12
Financial
Equity above €500kEq €627k ▲76.6%
4 profitable years in a row build equity to €627k.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
Acquisitions and mergers
1 transactionTaken over by:ASSAR BE ARCHITECTS
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,230 EUR awarded · 1,230 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 115 EUR | 115 EUR |
| 2023 | 1 | 1,001 EUR | 1,001 EUR |
| 2022 | 1 | 114 EUR | 114 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)