AUBELCOM
InactiveFinancials · financial year 2022, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,742
2021 · -€2,805
Working capital
€147,301▲ 12.7%
2021 · €130,754
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result stays negative: a loss of €1,334 in 2022 against €6,989 in 2021; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€1,334
2022
Net result€2,742
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€790,105
2022
Equity€533,893
2022
Debt€92,934
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€147,301
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€36,950--€23,445▲ 36.5%-€5,587▲ 76.2%-€6,989▼ 25.1%-€1,334▲ 80.9%
Net result-€27,012--€15,422▲ 42.9%-€1,383▲ 91.0%-€2,805▼ 103%€2,742
Equity€550,760-€535,338▼ 2.8%€533,956▼ 0.3%€531,150▼ 0.5%€533,893▲ 0.5%
Total assets€878,502-€837,224▼ 4.7%€838,913▲ 0.2%€800,205▼ 4.6%€790,105▼ 1.3%
Debt€133,972-€118,821▼ 11.3%€128,561▲ 8.2%€99,327▼ 22.7%€92,934▼ 6.4%
Working capital€83,245-€97,279▲ 16.9%€115,545▲ 18.8%€130,754▲ 13.2%€147,301▲ 12.7%
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €790,105
Fixed assets
€624,726 ▼ 4.1%
Current assets
€165,378 ▲ 11.2%
Equity and liabilities €790,105
Equity
€533,893 ▲ 0.5%
Provisions
€163,277 ▼ 3.8%
Debt
€92,934 ▼ 6.4%
Debt's share of the balance-sheet total falls from 12.4% to 11.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,468▲
2021 · €26,172
Cash flow
€35,544▲
2021 · €30,356
Current ratio
9.15▲
2021 · 8.26
Debt to equity
0.17▼
2021 · 0.19
ROE
0.5%▲
2021 · -0.5%
ROA
0.3%▲
2021 · -0.4%
Interest coverage
13.25▲
2021 · 10.52
Debt ≤ 1 year
€18,077▲
2021 · €17,999
Debt > 1 year
€74,568▼
2021 · €81,045
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 | €48,833 | €45,546 | €33,148 | €33,161 | €32,801 | ▼ 1.1% |
| Other operating charges640/8 | - | - | - | €941 | €1,368 | ▲ 45.4% |
| Gross operating margin9900 | €14,806 | €25,195 | €28,501 | €27,113 | €32,836 | ▲ 21.1% |
| Operating profit (loss)9901 | -€36,950 | -€23,445 | -€5,587 | -€6,989 | -€1,334 | ▲ 80.9% |
| Financial income75/76B | - | - | - | €3 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €3 | €3 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €2,488 | €2,374 | ▼ 4.6% |
| Recurring financial charges65 | €766 | €2,695 | €2,468 | €2,488 | €2,374 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | -€37,716 | -€26,139 | -€8,052 | -€9,474 | -€3,708 | ▲ 60.9% |
| Transfer from deferred taxes780 | - | - | - | €6,669 | €6,450 | ▼ 3.3% |
| Income taxes67/77 | - | -€14 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€27,012 | -€15,422 | -€1,383 | -€2,805 | €2,742 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €20,007 | €19,350 | ▼ 3.3% |
| Profit (loss) for the period to be appropriated9905 | -€1,530 | €10,060 | €18,625 | €17,202 | €22,093 | ▲ 28.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €878,502 | €837,224 | €838,913 | €800,205 | €790,105 | ▼ 1.3% |
| Fixed assets21/28 | €760,874 | €715,328 | €682,180 | €651,452 | €624,726 | ▼ 4.1% |
| Tangible fixed assets22/27 | €759,801 | €714,255 | €681,107 | €650,380 | €623,654 | ▼ 4.1% |
| Land and buildings22 | - | - | - | €650,380 | €623,654 | ▼ 4.1% |
| Financial fixed assets28 | €1,072 | €1,072 | €1,072 | €1,072 | €1,072 | = |
| Current assets29/58 | €117,628 | €121,897 | €156,733 | €148,753 | €165,378 | ▲ 11.2% |
| Amounts receivable after more than one year29 | - | - | - | €64,086 | €64,086 | = |
| Other amounts receivable291 | - | - | - | €64,086 | €64,086 | = |
| Amounts receivable within one year40/41 | €25,508 | €33,727 | €47,300 | €63,823 | €75,610 | ▲ 18.5% |
| Trade receivables40 | - | - | - | €380 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €63,442 | €75,610 | ▲ 19.2% |
| Current investments50/53 | €14,873 | €11,870 | €11,867 | €11,865 | €11,863 | = |
| Cash at bank and in hand54/58 | €11,621 | €10,573 | €31,827 | €6,589 | €13,094 | ▲ 98.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2,390 | €725 | ▼ 69.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €878,502 | €837,224 | €838,913 | €800,205 | €790,105 | ▼ 1.3% |
| Equity10/15 | €550,760 | €535,338 | €533,956 | €531,150 | €533,893 | ▲ 0.5% |
| Contributions10/11 | €152,023 | €152,023 | €152,023 | €152,023 | €152,023 | = |
| Capital10 | - | - | - | €152,023 | €152,023 | = |
| Issued capital100 | - | - | - | €152,023 | €152,023 | = |
| Reserves13 | €380,662 | €355,181 | €335,173 | €316,026 | €297,781 | ▼ 5.8% |
| Non-distributable reserves130/1 | - | - | - | €7,062 | €8,167 | ▲ 15.6% |
| Legal reserve130 | - | - | - | €7,062 | €8,167 | ▲ 15.6% |
| Tax-exempt reserves132 | - | - | - | €306,490 | €287,140 | ▼ 6.3% |
| Distributable reserves133 | - | - | - | €2,474 | €2,474 | = |
| Profit (loss) carried forward14 | €18,074 | €28,135 | €46,759 | €63,101 | €84,089 | ▲ 33.3% |
| Provisions and deferred taxes16 | €193,769 | €183,066 | €176,397 | €169,728 | €163,277 | ▼ 3.8% |
| Deferred taxes168 | - | - | - | €169,728 | €163,277 | ▼ 3.8% |
| Amounts payable17/49 | €133,972 | €118,821 | €128,561 | €99,327 | €92,934 | ▼ 6.4% |
| Amounts payable after more than one year17 | €99,589 | €93,553 | €87,372 | €81,045 | €74,568 | ▼ 8.0% |
| Financial debts170/4 | - | - | - | €81,045 | €74,568 | ▼ 8.0% |
| Amounts payable within one year42/48 | €34,383 | €24,618 | €41,188 | €17,999 | €18,077 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,327 | €6,478 | ▲ 2.4% |
| Trade debts44 | €25,424 | €13,499 | €34,540 | €8,046 | €6,299 | ▼ 21.7% |
| Suppliers440/4 | - | - | - | €8,046 | €6,299 | ▼ 21.7% |
| Advances received on contracts in progress46 | - | - | - | €3,626 | €3,644 | ▲ 0.5% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €1,657 | - |
| Taxes450/3 | - | - | - | €0 | €1,657 | - |
| Accrued charges and deferred income492/3 | - | - | - | €283 | €290 | ▲ 2.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,012 | -€15,422 | -€1,383 | -€2,805 | €2,742 | - |
| + Depreciation and write-downs630 | €48,833 | €45,546 | €33,148 | €33,161 | €32,801 | ▼ 1.1% |
| Operating cash flow (approximation) | €21,821 | €30,124 | €31,765 | €30,356 | €35,544 | ▲ 17.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,434 | -€6,076 | ▼ 150% |
| Change in cash | - | -€1,048 | €21,254 | -€25,238 | €6,505 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 45 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | full format | 26-06-2023 | 2023-00165590 |
| 31-12-2021 | full format | 21-06-2022 | 2022-20091126 |
| 31-12-2020 | full format | 28-06-2021 | 2021-25400519 |
| 31-12-2019 | full format | 30-06-2020 | 2020-23700197 |
| 31-12-2018 | full format | 23-08-2019 | 2019-49600049 |
| 31-12-2017 | full format | 31-07-2018 | 2018-41600474 |
| 31-12-2016 | micro format | 11-07-2017 | 2017-30400421 |
| 31-12-2015 | full format | 15-07-2016 | 2016-32100293 |
| 31-12-2014 | full format | 09-07-2015 | 2015-29000332 |
| 31-12-2013 | full format | 29-08-2014 | 2014-50300024 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.