ATEX
InactiveFinancials · financial year 2022, abbreviated format
2022 annual accounts filed 31 days after the deadline Filed on 31 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00435193.
Annual accounts 2022 filed on 31-08-2023 PDF all 43 filings
Turnover
≈ €160,000
Estimated: probably between €68,000 and €410,000
Total assets
€115,500▼ 6.8%
2021 · €123,959
Net result
€5,409▲ 11.2%
2021 · €4,864
Working capital
-€38,073▲ 7.5%
2021 · -€41,144
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
€8,558
▲ 5.9%
2022
20182022
Net result
€5,409
▲ 11.2%
2022
20182022
Equity
€6,268
▲ 630%
2022
20182022
Total assets
€115,500
▼ 6.8%
2022
20182022
Debt
€109,231
▼ 11.3%
2022
20182022
Working capital
-€38,073
▲ 7.5%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€5,664--€2,054▲ 63.7%€10,495€8,080▼ 23.0%€8,558▲ 5.9%
Net result-€6,192--€4,071▲ 34.3%€8,678€4,864▼ 44.0%€5,409▲ 11.2%
Equity-€8,613--€12,684▼ 47.3%-€4,005▲ 68.4%€859€6,268▲ 630%
Total assets€91,280-€133,608▲ 46.4%€138,873▲ 3.9%€123,959▼ 10.7%€115,500▼ 6.8%
Debt€99,893-€146,292▲ 46.4%€142,878▼ 2.3%€123,100▼ 13.8%€109,231▼ 11.3%
Working capital-€75,857--€59,706▲ 21.3%-€43,968▲ 26.4%-€41,144▲ 6.4%-€38,073▲ 7.5%
The operating result for 2022 is 6% higher than in 2021. It is a recovery after the fall in 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €115,500
Fixed assets
€81,749 ▼ 12.9%
Current assets
€33,751 ▲ 12.0%
Equity and liabilities €115,500
Equity
€6,268 ▲ 630%
Debt
€109,231 ▼ 11.3%
Debt's share of the balance-sheet total falls from 99.3% to 94.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,643▲
2021 · €20,165
Cash flow
€17,494▲
2021 · €16,948
Current ratio
0.47▲
2021 · 0.42
Debt to equity
17.43
ROE
86.3%
ROA
4.7%▲
2021 · 3.9%
Interest coverage
15.37▲
2021 · 12.12
Debt ≤ 1 year
€71,824▲
2021 · €71,269
Debt > 1 year
€37,408▼
2021 · €51,831
Income taxes
€1,805▲
2021 · €1,553
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,335 | €12,568 | €11,953 | €12,085 | €12,085 | = |
| Other operating charges640/8 | - | - | - | €2,847 | €3,606 | ▲ 26.7% |
| Gross operating margin9900 | €4,622 | €11,580 | €24,425 | €23,012 | €24,249 | ▲ 5.4% |
| Operating profit (loss)9901 | -€5,664 | -€2,054 | €10,495 | €8,080 | €8,558 | ▲ 5.9% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €1,663 | €1,343 | ▼ 19.2% |
| Recurring financial charges65 | €528 | €2,017 | €1,817 | €1,663 | €1,343 | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | -€6,192 | -€4,071 | €8,678 | €6,417 | €7,215 | ▲ 12.4% |
| Income taxes67/77 | - | - | - | €1,553 | €1,805 | ▲ 16.2% |
| Profit (loss) for the period9904 | -€6,192 | -€4,071 | €8,678 | €4,864 | €5,409 | ▲ 11.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,646 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€6,192 | -€4,071 | €8,678 | €6,509 | €5,409 | ▼ 16.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91,280 | €133,608 | €138,873 | €123,959 | €115,500 | ▼ 6.8% |
| Fixed assets21/28 | €86,673 | €116,432 | €105,918 | €93,834 | €81,749 | ▼ 12.9% |
| Tangible fixed assets22/27 | €86,673 | €116,432 | €105,918 | €93,834 | €81,749 | ▼ 12.9% |
| Land and buildings22 | - | - | - | €93,834 | €81,749 | ▼ 12.9% |
| Current assets29/58 | €4,607 | €17,176 | €32,955 | €30,125 | €33,751 | ▲ 12.0% |
| Current investments50/53 | €4,212 | €17,176 | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €32,955 | €30,125 | €33,751 | ▲ 12.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91,280 | €133,608 | €138,873 | €123,959 | €115,500 | ▼ 6.8% |
| Equity10/15 | -€8,613 | -€12,684 | -€4,005 | €859 | €6,268 | ▲ 630% |
| Contributions10/11 | €38,000 | €38,000 | - | €38,000 | €38,000 | = |
| Reserves13 | €10,482 | €10,482 | €10,482 | €8,837 | €8,837 | = |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0 | - | - |
| Distributable reserves133 | - | - | - | €8,837 | €8,837 | = |
| Profit (loss) carried forward14 | -€57,095 | -€61,166 | -€52,487 | -€45,978 | -€40,568 | ▲ 11.8% |
| Amounts payable17/49 | €99,893 | €146,292 | €142,878 | €123,100 | €109,231 | ▼ 11.3% |
| Amounts payable after more than one year17 | €19,429 | €69,410 | €65,955 | €51,831 | €37,408 | ▼ 27.8% |
| Financial debts170/4 | - | - | - | €51,831 | €37,408 | ▼ 27.8% |
| Amounts payable within one year42/48 | €80,464 | €76,882 | €76,923 | €71,269 | €71,824 | ▲ 0.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,124 | €14,423 | ▲ 2.1% |
| Trade debts44 | €20,442 | €12,000 | €12,000 | €4,500 | €4,540 | ▲ 0.9% |
| Suppliers440/4 | - | - | - | €4,500 | €4,540 | ▲ 0.9% |
| Taxes, remuneration and social security45 | - | - | - | €1,553 | €1,759 | ▲ 13.2% |
| Taxes450/3 | - | - | - | €1,553 | €1,759 | ▲ 13.2% |
| Other amounts payable47/48 | - | - | - | €51,092 | €51,102 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,192 | -€4,071 | €8,678 | €4,864 | €5,409 | ▲ 11.2% |
| + Depreciation and write-downs630 | €8,335 | €12,568 | €11,953 | €12,085 | €12,085 | = |
| Operating cash flow (approximation) | €2,143 | €8,497 | €20,631 | €16,948 | €17,494 | ▲ 3.2% |
| Investment in fixed assets (approximation) | - | -€42,327 | -€1,439 | €0 | €0 | - |
| Change in cash | - | - | - | -€2,829 | €3,625 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00435193 | |
| 31-12-2021 | abbreviated format | 19-07-2022 | 2022-20209341 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-22100599 | |
| 31-12-2019 | micro format | 06-05-2020 | 2020-11500462 | |
| 31-12-2018 | micro format | 25-04-2019 | 2019-10300530 | |
| 31-12-2017 | micro format | 29-05-2018 | 2018-14200027 | |
| 31-12-2016 | micro format | 31-07-2017 | 2017-38700374 | |
| 31-12-2015 | abbreviated format | 08-04-2016 | 2016-09700243 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-49100221 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-50600471 |