B-IMMO
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-08-2022 was due by 30-03-2023 and was filed on 05-07-2023, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2022
97 d late
2021
24 d early
2020
22 d early
2019
70 d late
2018
5 d late
2017
57 d late
2016
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
€191k
EBIT margin
3.1%
Net result
€-28k▲ 36.9%
2020 · €-45k
2018: €-10khighest in 4 years
2019: €-10k▼ -3.1% vs 2018
2020: €-45k▼ -338% vs 2019lowest in 4 years
2021: €-28k▲ +36.9% vs 2020
2018 → 2021
Working capital
€-767k▼ 1,044%
2020 · €-67k
2018: €-4k
2019: €-4k▲ +12.0% vs 2018highest in 4 years
2020: €-67k▼ -1692% vs 2019
2021: €-767k▼ -1044% vs 2020lowest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€191k
Equity€-10k-€-20k▼ 106%€-65k▼ 226%€-93k▼ 43.7%
2018: €-10khighest in 4 years
2019: €-20k▼ -106% vs 2018
2020: €-65k▼ -226% vs 2019
2021: €-93k▼ -43.7% vs 2020lowest in 4 years
Operating result€-10k-€-9k▲ 2.5%€-45k▼ 383%€6k
2018: €-10k
2019: €-9k▲ +2.5% vs 2018
2020: €-45k▼ -383% vs 2019lowest in 4 years
2021: €6k▲ +113% vs 2020highest in 4 years
Net result€-10k-€-10k▼ 3.1%€-45k▼ 338%€-28k▲ 36.9%
2018: €-10khighest in 4 years
2019: €-10k▼ -3.1% vs 2018
2020: €-45k▼ -338% vs 2019lowest in 4 years
2021: €-28k▲ +36.9% vs 2020
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €6k after a loss of €45k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €2.34M
Fixed assets
€2.05M ▲ 83.3%
Current assets
€287k ▲ 1,834%
Key figures and ratios
EBITDA
€52k▲
2020 · €-37k
Cash flow
€18k▲
2020 · €-37k
Solvency
-4.0%▲
2020 · -5.7%
Current ratio
0.27▲
2020 · 0.18
Debt to equity
-26.11▼
2020 · -17.25
ROA
-1.2%▲
2020 · -4.0%
Interest coverage
1.52
Debt
€2.43M▲
2020 · €1.20M
Debt ≤ 1 year
€1.05M▲
2020 · €82k
Debt > 1 year
€1.38M▲
2020 · €1.12M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 34 lines
Balance sheet
Code20202021
Assets
Total assets20/58€1.14M€2.34M▲
Fixed assets21/28€1.12M€2.05M▲
Tangible fixed assets22/27€1.12M€2.05M▲
Land and buildings22-€2.05M
Current assets29/58€15k€287k▲
Amounts receivable within one year40/41€12k€51k▲
Trade receivables40-€17k
Other amounts receivable41-€34k
Cash at bank and in hand54/58€3k€235k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€2.34M▲
Equity10/15€-65k€-93k▼
Contributions10/11-€19k
Profit (loss) carried forward14€-83k€-112k▼
Amounts payable17/49€1.20M€2.43M▲
Amounts payable after more than one year17€1.12M€1.38M▲
Financial debts170/4-€1.38M
Amounts payable within one year42/48€82k€1.05M▲
Trade debts44€82k€76k▼
Suppliers440/4-€76k
Other amounts payable47/48-€978k
Income statement
Code20202021
Turnover70-€191k
Goods, raw materials, services and sundry goods60/61-€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€46k▲
Other operating charges640/8-€18k
Non-recurring operating charges66A-€2
Gross operating margin9900-€70k
Operating profit (loss)9901€-45k€6k▲
Financial charges65/66B-€34k
Recurring financial charges65€175€34k▲
Profit (loss) for the period before taxes9903€-45k€-28k▲
Profit (loss) for the period9904€-45k€-28k▲
Profit (loss) for the period to be appropriated9905€-45k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-112k
Profit (loss) brought forward from the previous period14P-€-83k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €191k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €121k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €8k | €46k | ▲ 458% |
| Other operating charges640/8 | - | - | - | €18k | - |
| Non-recurring operating charges66A | - | - | - | €2 | - |
| Gross operating margin9900 | - | - | - | €70k | - |
| Operating profit (loss)9901 | €-10k | €-9k | €-45k | €6k | ▲ 113% |
| Financial charges65/66B | - | - | - | €34k | - |
| Recurring financial charges65 | €439 | €993 | €175 | €34k | ▲ 19,493% |
| Debt charges650 | €236 | €768 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-10k | €-10k | €-45k | €-28k | ▲ 36.9% |
| Profit (loss) for the period9904 | €-10k | €-10k | €-45k | €-28k | ▲ 36.9% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €-10k | €-45k | €-28k | ▲ 36.9% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23k | €26k | €1.14M | €2.34M | ▲ 106% |
| Fixed assets21/28 | €16k | €16k | €1.12M | €2.05M | ▲ 83.3% |
| Tangible fixed assets22/27 | €16k | €16k | €1.12M | €2.05M | ▲ 83.3% |
| Land and buildings22 | - | - | - | €2.05M | - |
| Current assets29/58 | €7k | €10k | €15k | €287k | ▲ 1,834% |
| Amounts receivable within one year40/41 | €6k | €8k | €12k | €51k | ▲ 333% |
| Trade receivables40 | - | - | - | €17k | - |
| Other amounts receivable41 | - | - | - | €34k | - |
| Cash at bank and in hand54/58 | - | €3k | €3k | €235k | ▲ 7,843% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23k | €26k | €1.14M | €2.34M | ▲ 106% |
| Equity10/15 | €-10k | €-20k | €-65k | €-93k | ▼ 43.7% |
| Contributions10/11 | €19k | €19k | - | €19k | - |
| Profit (loss) carried forward14 | €-28k | €-39k | €-83k | €-112k | ▼ 34.0% |
| Amounts payable17/49 | €33k | €46k | €1.20M | €2.43M | ▲ 103% |
| Amounts payable after more than one year17 | €21k | €32k | €1.12M | €1.38M | ▲ 23.4% |
| Financial debts170/4 | - | - | - | €1.38M | - |
| Amounts payable within one year42/48 | €11k | €14k | €82k | €1.05M | ▲ 1,187% |
| Trade debts44 | €11k | €14k | €82k | €76k | ▼ 7.1% |
| Suppliers440/4 | - | - | - | €76k | - |
| Other amounts payable47/48 | - | - | - | €978k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €-10k | €-45k | €-28k | ▲ 36.9% |
| + Depreciation and write-downs630 | - | - | €8k | €46k | ▲ 458% |
| Operating cash flow (approximation) | €-10k | €-10k | €-37k | €18k | ▲ 148% |
| Investment in fixed assets (approximation) | - | €0 | €-1.11M | €-979k | ▲ 12.0% |
| Change in cash | - | - | €358 | €232k | ▲ 64,760% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 97 days late
2022
15-09
State Gazette act
General meeting · Merger
Accounting effect · Statutes amendment · Annelies Ghesquière
22-07
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Forum Estates