AYMARA
Open bankruptcyFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2023, micro format
Latest annual accounts filed
Annual accounts 2023
- Financial year ended
- 31-03-2023
- Filed on
- 30-10-2023
- Format
- micro format
- Reference
- 2023-00502387
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 recovers in 2023; 2023 is nearly 4 times 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.05m
2023
Net result€0.003m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.9m
2023
Equity€0.5m
2023
Debt€1.4m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.1%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency26.3%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.05
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, 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 middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin 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.
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 | - |
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 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 |
Similar companies · same sector, comparable size
De Meisjes
BE 0887.481.803
Gent · equity €502,969
FABRIK AGENCY
BE 0847.341.223
Antwerpen · equity €505,741
GALAXIE
BE 0420.825.491
Anderlecht · equity €506,036
Gigue Corporation
BE 1012.572.508
Harelbeke · equity €506,520
YKOU
BE 0872.714.839
Elsene · equity €498,929
Of the 1,267 active companies whose main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423), figures are known for 831. 536 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.