AUTO 2000
InactiveFinancials · financial year 2022, abbreviated format
Annual accounts 2022 filed on 14-07-2023 PDF all 33 filings
Turnover
≈ €110,000
Estimated: probably between €45,000 and €270,000
Total assets
€116,656▼ 78.7%
2021 · €546,454
Net result
-€21,080▲ 55.8%
2021 · -€47,673
Working capital
-€96,720
2021 · €276,935
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
-€14,244
▲ 58.0%
2022
20182022
Net result
-€21,080
▲ 55.8%
2022
20182022
Equity
-€14,555
2022
20182022
Total assets
€116,656
▼ 78.7%
2022
20182022
Debt
€131,210
▼ 75.7%
2022
20182022
Working capital
-€96,720
2022
20182022
Staff (FTE)
0
▼ 100%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€32,256--€15,765▲ 51.1%-€43,057▼ 173%-€33,934▲ 21.2%-€14,244▲ 58.0%
Net result-€42,328--€26,825▲ 36.6%-€50,972▼ 90.0%-€47,673▲ 6.5%-€21,080▲ 55.8%
Equity€131,995-€105,171▼ 20.3%€54,199▼ 48.5%€6,526▼ 88.0%-€14,555
Total assets€763,896-€703,865▼ 7.9%€591,617▼ 15.9%€546,454▼ 7.6%€116,656▼ 78.7%
Debt€631,901-€598,695▼ 5.3%€537,419▼ 10.2%€539,928▲ 0.5%€131,210▼ 75.7%
Working capital€439,491-€396,126▼ 9.9%€333,746▼ 15.7%€276,935▼ 17.0%-€96,720
Staff (FTE)1.60.6▼ 62.5%0.7▲ 16.7%0▼ 100%
The operating result for 2022 is a loss of €14,244, smaller than the loss of €33,934 in 2021.
Large changes and their cause
- 2022 Total assets -79% on 2021. Last accounts before the absorption by MediConsult (effective 29-11-2023).
Turnover and EBIT margin are not published. The abbreviated 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 €116,656
Fixed assets
€88,214 ▼ 33.5%
Current assets
€28,442 ▼ 93.1%
Equity and liabilities
Equity-€14,555
Debt€131,210
Equity is negative. Debt (€131,210) exceeds the balance-sheet total (€116,656).
Key figures and ratios
EBITDA
-€8,194▲
2021 · -€24,026
Cash flow
-€15,031▲
2021 · -€37,765
Solvency
-12.5%▼
2021 · 1.2%
Current ratio
0.23▼
2021 · 3.02
ROA
-18.1%▼
2021 · -8.7%
Interest coverage
-1.19▲
2021 · -1.76
Debt ≤ 1 year
€125,162▼
2021 · €136,947
Debt > 1 year
€0▼
2021 · €400,000
Income taxes
€10▼
2021 · €110
Staff costs
-€458▼
2021 · €31,558
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.4 | 0 |
| Joined | 0 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €1,375 | €617 |
| Depreciation and write-downs of the year | €9,908 | €6,050 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,553 | €49,280 | ▲ 788% |
| Remuneration, social security and pensions62 | - | - | - | €31,558 | -€458 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,386 | €12,146 | €9,981 | €9,908 | €6,050 | ▼ 38.9% |
| Other operating charges640/8 | - | - | - | €1,526 | €9,262 | ▲ 507% |
| Non-recurring operating charges66A | - | - | - | - | €15,243 | - |
| Gross operating margin9900 | €69,234 | €52,092 | -€15,279 | €9,059 | €15,852 | ▲ 75.0% |
| Operating profit (loss)9901 | -€32,256 | -€15,765 | -€43,057 | -€33,934 | -€14,244 | ▲ 58.0% |
| Financial income75/76B | - | - | - | - | €75 | - |
| Recurring financial income75 | €248 | €0 | - | - | €75 | - |
| Financial charges65/66B | - | - | - | €13,630 | €6,902 | ▼ 49.4% |
| Recurring financial charges65 | €10,320 | €11,060 | €7,915 | €13,630 | €6,902 | ▼ 49.4% |
| Profit (loss) for the period before taxes9903 | -€42,328 | -€26,825 | -€50,972 | -€47,563 | -€21,070 | ▲ 55.7% |
| Income taxes67/77 | - | -€0 | - | €110 | €10 | ▼ 90.8% |
| Profit (loss) for the period9904 | -€42,328 | -€26,825 | -€50,972 | -€47,673 | -€21,080 | ▲ 55.8% |
| Profit (loss) for the period to be appropriated9905 | -€42,328 | -€26,825 | -€50,972 | -€47,673 | -€21,080 | ▲ 55.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €763,896 | €703,865 | €591,617 | €546,454 | €116,656 | ▼ 78.7% |
| Fixed assets21/28 | €163,232 | €151,086 | €141,105 | €132,572 | €88,214 | ▼ 33.5% |
| Tangible fixed assets22/27 | €163,232 | €151,086 | €141,105 | €132,572 | €88,214 | ▼ 33.5% |
| Land and buildings22 | - | - | - | €123,690 | €86,798 | ▼ 29.8% |
| Plant, machinery and equipment23 | - | - | - | €7,965 | €1,416 | ▼ 82.2% |
| Furniture and vehicles24 | - | - | - | €917 | €0 | ▼ 100% |
| Current assets29/58 | €600,664 | €552,779 | €450,512 | €413,882 | €28,442 | ▼ 93.1% |
| Stocks and contracts in progress3 | €532,865 | €418,270 | €354,931 | €204,765 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €204,765 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €52,039 | €127,150 | €61,852 | €82,033 | €17,389 | ▼ 78.8% |
| Trade receivables40 | - | - | - | €81,440 | €17,360 | ▼ 78.7% |
| Other amounts receivable41 | - | - | - | €593 | €29 | ▼ 95.1% |
| Cash at bank and in hand54/58 | €9,171 | - | €30,604 | €122,526 | €11,045 | ▼ 91.0% |
| Deferred charges and accrued income490/1 | - | - | - | €4,558 | €8 | ▼ 99.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €763,896 | €703,865 | €591,617 | €546,454 | €116,656 | ▼ 78.7% |
| Equity10/15 | €131,995 | €105,171 | €54,199 | €6,526 | -€14,555 | - |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | = |
| Reserves13 | €69,995 | €43,171 | €25,713 | €25,713 | €25,713 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €8,800 | €8,800 | = |
| Distributable reserves133 | - | - | - | €10,713 | €10,713 | = |
| Profit (loss) carried forward14 | - | - | -€33,515 | -€81,188 | -€102,268 | ▼ 26.0% |
| Amounts payable17/49 | €631,901 | €598,695 | €537,419 | €539,928 | €131,210 | ▼ 75.7% |
| Amounts payable after more than one year17 | €468,794 | €439,974 | €420,652 | €400,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €400,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €161,173 | €156,653 | €116,766 | €136,947 | €125,162 | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,538 | €0 | ▼ 100% |
| Trade debts44 | €17,329 | €24,151 | €5,221 | €11,464 | €5,104 | ▼ 55.5% |
| Suppliers440/4 | - | - | - | €11,464 | €5,104 | ▼ 55.5% |
| Taxes, remuneration and social security45 | - | - | - | €16,675 | €1,105 | ▼ 93.4% |
| Taxes450/3 | - | - | - | €16,675 | €1,105 | ▼ 93.4% |
| Other amounts payable47/48 | - | - | - | €100,270 | €118,953 | ▲ 18.6% |
| Accrued charges and deferred income492/3 | - | - | - | €2,981 | €6,048 | ▲ 103% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,328 | -€26,825 | -€50,972 | -€47,673 | -€21,080 | ▲ 55.8% |
| + Depreciation and write-downs630 | €15,386 | €12,146 | €9,981 | €9,908 | €6,050 | ▼ 38.9% |
| Operating cash flow (approximation) | -€26,942 | -€14,679 | -€40,991 | -€37,765 | -€15,031 | ▲ 60.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,375 | €38,309 | - |
| Change in cash | - | - | - | €91,922 | -€111,481 | - |
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 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00242914 | |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20336437 | |
| 31-12-2020 | abbreviated format | 16-08-2021 | 2021-49200382 | |
| 31-12-2019 | abbreviated format | 24-09-2020 | 2020-55900200 | |
| 31-12-2018 | abbreviated format | 28-08-2019 | 2019-54400541 | |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-41700573 | |
| 31-12-2016 | abbreviated format | 29-09-2017 | 2017-65000131 | |
| 31-12-2015 | abbreviated format | 10-06-2016 | 2016-17900240 | |
| 31-12-2014 | abbreviated format | 09-07-2015 | 2015-29900034 | |
| 31-12-2013 | abbreviated format | 03-06-2014 | 2014-15900378 |