B & L
InactiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2021, abbreviated format
Latest annual accounts filed
Annual accounts 2021
- Financial year ended
- 31-12-2021
- Filed on
- 15-06-2022
- Format
- abbreviated format
- Reference
- 2022-20066174
Equity
€135,627▼ 13.1%
2020 · €156,121
Total assets
€192,540▼ 6.9%
2020 · €206,828
Net result
-€20,494▲ 16.0%
2020 · -€24,391
Working capital
€134,278▼ 10.6%
2020 · €150,224
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €7,513 in 2021 against €25,946 in 2020; 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-€7,513
2021
Net result-€20,494
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€192,540
2021
Equity€135,627
2021
Debt€56,913
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€134,278
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€11,914--€3,883▲ 67.4%-€25,946▼ 568%-€7,513▲ 71.0%
Net result-€7,307-€2,995-€24,391-€20,494▲ 16.0%
Equity€177,518-€180,512▲ 1.7%€156,121▼ 13.5%€135,627▼ 13.1%
Total assets€415,587-€225,949▼ 45.6%€206,828▼ 8.5%€192,540▼ 6.9%
Debt€238,070-€45,437▼ 80.9%€50,707▲ 11.6%€56,913▲ 12.2%
Working capital-€222,364--€36,432▲ 83.6%€150,224€134,278▼ 10.6%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €192,540
Fixed assets
€1,696 ▼ 71.2%
Current assets
€190,843 ▼ 5.0%
Equity and liabilities €192,540
Equity
€135,627 ▼ 13.1%
Debt
€56,913 ▲ 12.2%
Debt's share of the balance-sheet total rises from 24.5% to 29.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,312▲
2020 · -€18,899
Cash flow
-€16,293▲
2020 · -€17,344
Current ratio
3.37▼
2020 · 3.96
Debt to equity
0.42
ROE
-15.1%▲
2020 · -15.6%
ROA
-10.6%▲
2020 · -11.8%
Interest coverage
-8.31
Debt ≤ 1 year
€56,565▲
2020 · €50,707
Income taxes
€12,583
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,160 | €7,046 | €7,047 | €4,201 | ▼ 40.4% |
| Other operating charges640/8 | - | - | - | €522 | - |
| Gross operating margin9900 | €500 | €3,680 | -€3,887 | -€2,790 | ▲ 28.2% |
| Operating profit (loss)9901 | -€11,914 | -€3,883 | -€25,946 | -€7,513 | ▲ 71.0% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €6,285 | €7,175 | €1,632 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €398 | - |
| Recurring financial charges65 | €1,678 | €297 | €76 | €398 | ▲ 421% |
| Profit (loss) for the period before taxes9903 | -€7,307 | €2,995 | -€24,391 | -€7,911 | ▲ 67.6% |
| Income taxes67/77 | - | - | - | €12,583 | - |
| Profit (loss) for the period9904 | -€7,307 | €2,995 | -€24,391 | -€20,494 | ▲ 16.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €56,250 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,307 | €2,995 | -€24,391 | €35,756 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €415,587 | €225,949 | €206,828 | €192,540 | ▼ 6.9% |
| Fixed assets21/28 | €407,342 | €216,944 | €5,897 | €1,696 | ▼ 71.2% |
| Tangible fixed assets22/27 | €27,342 | €12,944 | €5,897 | €1,696 | ▼ 71.2% |
| Other tangible fixed assets26 | - | - | - | €1,696 | - |
| Financial fixed assets28 | €380,000 | €204,000 | - | - | - |
| Current assets29/58 | €8,245 | €9,005 | €200,931 | €190,843 | ▼ 5.0% |
| Amounts receivable after more than one year29 | - | - | - | €180,000 | - |
| Trade receivables290 | - | - | - | €180,000 | - |
| Amounts receivable within one year40/41 | €829 | €1,425 | €930 | €10,843 | ▲ 12× |
| Trade receivables40 | - | - | - | €645 | - |
| Other amounts receivable41 | - | - | - | €10,199 | - |
| Cash at bank and in hand54/58 | - | €410 | €1 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €415,587 | €225,949 | €206,828 | €192,540 | ▼ 6.9% |
| Equity10/15 | €177,518 | €180,512 | €156,121 | €135,627 | ▼ 13.1% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | - |
| Issued capital100 | - | - | - | €61,500 | - |
| Reserves13 | €90,272 | €90,272 | €90,272 | €69,778 | ▼ 22.7% |
| Non-distributable reserves130/1 | - | - | - | €6,150 | - |
| Legal reserve130 | - | - | - | €6,150 | - |
| Distributable reserves133 | - | - | - | €63,628 | - |
| Profit (loss) carried forward14 | €25,746 | €28,740 | €4,349 | €4,349 | = |
| Amounts payable17/49 | €238,070 | €45,437 | €50,707 | €56,913 | ▲ 12.2% |
| Amounts payable after more than one year17 | €7,460 | - | - | - | - |
| Amounts payable within one year42/48 | €230,609 | €45,437 | €50,707 | €56,565 | ▲ 11.6% |
| Financial debts43 | - | - | - | €175 | - |
| Credit institutions430/8 | - | - | - | €175 | - |
| Trade debts44 | €2,905 | €1,462 | €740 | €1,902 | ▲ 157% |
| Suppliers440/4 | - | - | - | €1,902 | - |
| Taxes, remuneration and social security45 | - | - | - | €12,817 | - |
| Taxes450/3 | - | - | - | €12,817 | - |
| Other amounts payable47/48 | - | - | - | €41,672 | - |
| Accrued charges and deferred income492/3 | - | - | - | €348 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,307 | €2,995 | -€24,391 | -€20,494 | ▲ 16.0% |
| + Depreciation and write-downs630 | €11,160 | €7,046 | €7,047 | €4,201 | ▼ 40.4% |
| Operating cash flow (approximation) | €3,853 | €10,041 | -€17,344 | -€16,293 | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €183,351 | €204,000 | €0 | ▼ 100% |
| Change in cash | - | - | -€409 | - | - |
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 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | abbreviated format | 15-06-2022 | 2022-20066174 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22800261 | |
| 31-12-2019 | abbreviated format | 18-06-2020 | 2020-18500574 | |
| 31-12-2018 | abbreviated format | 10-07-2019 | 2019-30600055 | |
| 31-12-2017 | abbreviated format | 12-07-2018 | 2018-32600528 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-33000436 | |
| 31-12-2015 | abbreviated format | 20-07-2016 | 2016-34300383 | |
| 31-12-2014 | abbreviated format | 24-06-2015 | 2015-20600386 | |
| 31-12-2013 | abbreviated format | 09-07-2014 | 2014-28300483 | |
| 31-12-2012 | abbreviated format | 04-07-2013 | 2013-26400386 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.