AYMARA
Open bankruptcyFinancials · financial year 2023, micro format
Annual accounts 2023 filed on 30-10-2023 PDF all 24 filings
Turnover
≈ €350,000
Estimated: probably between €190,000 and €490,000
Total assets
€1.9m▲ 3.0%
2022 · €1.9m
Net result
€2,648
2022 · -€28,424
Working capital
€582,493▲ 34.6%
2022 · €432,628
Trend over the years
2018 to 2023, 5 financial years 2018 to 2023, 5 financial years
The operating result for 2023 is nearly 4 times that of 2022. It is a recovery after the fall in 2022.
Operating result€0.05m
2023
Net result€0.003m
2023
Total assets€1.9m
2023
Equity€0.5m
2023
Debt€1.4m
2023
Working capital€0.6m
2023
Return on assets (ROA)0.1%
2023
Solvency26.3%
2023
Current ratio2.05
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182020202120222023
Operating result€0.03m-€0.07m-€0.03m▼ 64.9%€0.01m▼ 52.7%€0.05m▲ 297%
Net result-€0.005m--€0.002mbelow the sector's middle half--€0.03mbelow the sector's middle half▼ 1,218%-€0.03mbelow the sector's middle half▲ 8.5%€0.003mwithin the sector's middle half
Equity€0.6m-€0.6mwithin the sector's middle half-€0.5mwithin the sector's middle half▼ 5.5%€0.5mabove the sector's middle half▼ 5.4%€0.5mabove the sector's middle half▲ 0.5%
Total assets€1.7m-€1.8mwithin the sector's middle half-€1.9mwithin the sector's middle half▲ 0.6%€1.9mabove the sector's middle half▲ 0.3%€1.9mabove the sector's middle half▲ 3.0%
Debt€1.1m-€1.3m-€1.3m▲ 3.4%€1.4m▲ 2.6%€1.4m▲ 3.9%
Working capital€0.4m-€0.4mwithin the sector's middle half-€0.5mwithin the sector's middle half▲ 6.4%€0.4mabove the sector's middle half▼ 5.9%€0.6mabove the sector's middle half▲ 34.6%
Solvency33.0%-30.5%within the sector's middle half-28.6%within the sector's middle half▼ 1.9pp27.0%within the sector's middle half▼ 1.6pp26.3%within the sector's middle half▼ 0.7pp
Current ratio1.62-1.76within the sector's middle half-1.82within the sector's middle half▲ 0.071.71within the sector's middle half▼ 0.112.05within the sector's middle half▲ 0.34
Return on assets (ROA)-0.3%--0.1%below the sector's middle half--1.7%below the sector's middle half▼ 1.6pp-1.5%within the sector's middle half▲ 0.1pp0.1%within the sector's middle half▲ 1.7pp
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
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
2023 in colour, 2022 as the grey bar beneath
Assets €1.9m
Fixed assets
€777,563 ▼ 4.8%
Current assets
€1.1m ▲ 9.1%
Equity and liabilities €1.9m
Equity
€503,483 ▲ 0.5%
Debt
€1.4m ▲ 3.9%
Debt's share of the balance-sheet total rises from 73.0% to 73.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€87,891▲
2022 · €28,319
Cash flow
€41,430▲
2022 · -€12,467
Quick ratio
1.33▲
2022 · 1.05
Debt to equity
2.80▲
2022 · 2.71
ROE
0.5%▲
2022 · -5.7%
Interest coverage
1.88▲
2022 · 0.66
Debt ≤ 1 year
€552,852▼
2022 · €607,746
Debt > 1 year
€856,573▲
2022 · €748,139
Income taxes
€354▲
2022 · €330
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 |
|---|---|---|
| Mortgages, amount registered | €425,000 | €425,000 |
| Carrying value of the mortgaged assets | €155,172 | €139,780 |
| Pledge on the business | €250,000 | €250,000 |
| Pledge on other assets, amount secured | €151,000 | €128,500 |
| Carrying value of the other pledged assets | €151,000 | €128,500 |
Source: notes to the 2022 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 |
|---|---|---|
| Tangible fixed assets | €1,859 | - |
| Depreciation and write-downs of the year | €15,957 | €38,782 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,835 | €23,430 | €15,910 | €15,957 | €38,782 | ▲ 143% |
| Other operating charges640/8 | - | - | - | €1,366 | €2,911 | ▲ 113% |
| Gross operating margin9900 | €476,567 | €164,148 | €47,769 | €29,685 | €90,802 | ▲ 206% |
| Operating profit (loss)9901 | €26,231 | €74,446 | €26,113 | €12,362 | €49,109 | ▲ 297% |
| Financial income75/76B | - | - | - | €2,357 | €649 | ▼ 72.5% |
| Recurring financial income75 | €9,317 | €1,213 | €415 | €2,357 | €649 | ▼ 72.5% |
| Financial charges65/66B | - | - | - | €42,812 | €46,755 | ▲ 9.2% |
| Recurring financial charges65 | €40,181 | €77,617 | €57,292 | €42,812 | €46,755 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | -€4,633 | -€1,959 | -€30,765 | -€28,093 | €3,003 | - |
| Income taxes67/77 | - | €398 | €312 | €330 | €354 | ▲ 7.2% |
| Profit (loss) for the period9904 | -€4,633 | -€2,357 | -€31,077 | -€28,424 | €2,648 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,633 | -€2,357 | -€31,077 | -€28,424 | €2,648 | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.8m | €1.9m | €1.9m | €1.9m | ▲ 3.0% |
| Fixed assets21/28 | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 4.8% |
| Intangible fixed assets21 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.2% |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 6.3% |
| Land and buildings22 | - | - | - | €0.2m | €0.1m | ▼ 9.9% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.3m | = |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | ▼ 20.5% |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.1m | ▼ 14.9% |
| Current assets29/58 | €1.0m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 9.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.3m | €0.3m | ▲ 0.9% |
| Other amounts receivable291 | - | - | - | €0.3m | €0.3m | ▲ 0.9% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 0.3% |
| Stocks30/36 | - | - | - | €0.4m | €0.4m | ▼ 3.3% |
| Contracts in progress37 | - | - | - | €0.04m | €0.05m | ▲ 27.7% |
| Amounts receivable within one year40/41 | €0.7m | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 25.8% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | ▲ 25.8% |
| Cash at bank and in hand54/58 | €0.01m | - | €1 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.03m | ▲ 44.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.8m | €1.9m | €1.9m | €1.9m | ▲ 3.0% |
| Equity10/15 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▲ 0.5% |
| Contributions10/11 | €0.01m | - | - | €0.01m | €0.01m | = |
| Reserves13 | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | €0.007m | €0.007m | = |
| Profit (loss) carried forward14 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 0.6% |
| Amounts payable17/49 | €1.1m | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 3.9% |
| Amounts payable after more than one year17 | €0.5m | €0.7m | €0.8m | €0.7m | €0.9m | ▲ 14.5% |
| Financial debts170/4 | - | - | - | €0.7m | €0.9m | ▲ 14.5% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 9.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | ▲ 19.9% |
| Financial debts43 | - | - | - | €0.5m | €0.4m | ▼ 16.0% |
| Credit institutions430/8 | - | - | - | €0.5m | €0.4m | ▼ 16.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.007m | ▼ 40.5% |
| Taxes450/3 | - | - | - | €0.01m | €0.007m | ▼ 40.5% |
| Other amounts payable47/48 | - | - | - | €0.001m | €145 | ▼ 79.7% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,633 | -€2,357 | -€31,077 | -€28,424 | €2,648 | - |
| + Depreciation and write-downs630 | €21,835 | €23,430 | €15,910 | €15,957 | €38,782 | ▲ 143% |
| Operating cash flow (approximation) | €17,202 | €21,073 | -€15,167 | -€12,467 | €41,430 | - |
| Investment in fixed assets (approximation) | - | - | -€12,320 | -€1,859 | €0 | - |
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 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2023 | micro format | 30-10-2023 | 2023-00502387 | |
| 31-03-2022 | micro format | 22-12-2022 | 2022-20547254 | |
| 31-03-2021 | abbreviated format | 26-11-2021 | 2021-78500282 | |
| 31-03-2020 | abbreviated format | 29-03-2021 | 2021-08900297 | |
| 31-12-2018 | abbreviated format | 17-07-2019 | 2019-34200418 | |
| 31-12-2017 | abbreviated format | 13-07-2018 | 2018-32600132 | |
| 31-12-2016 | abbreviated format | 28-09-2017 | 2017-63400318 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-37600111 | |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-23700202 | |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-29800304 |