B2BB
Bankruptcy closedFinancials · financial year 2021, micro format
2021 annual accounts filed 142 days after the deadline Filed on 20 December 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20548306.
Annual accounts 2021 filed on 20-12-2022 PDF
Turnover
€1,875
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€19,772
Working capital
€22,300
Balance-sheet composition
Assets €34,867
Fixed assets
€4,168
Current assets
€30,699
Equity and liabilities €34,867
Equity
€25,467
Debt
€9,400
Debt's share of the balance-sheet total is 27.0%.
Key figures and ratios
EBITDA
-€6,781
Cash flow
€20,814
Current ratio
3.66
Debt to equity
0.37
ROE
77.6%
ROA
56.7%
Interest coverage
-22.38
Debt ≤ 1 year
€8,399
Customer credit
4254 days
Supplier credit
417 days
Staff costs
€7,774
Annual accounts
| Line | 2021 |
|---|---|
| Turnover70 | €1,875 |
| Goods, raw materials, services and sundry goods60/61 | €3,003 |
| Remuneration, social security and pensions62 | €7,774 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,042 |
| Other operating charges640/8 | €1,325 |
| Non-recurring operating charges66A | €300 |
| Gross operating margin9900 | €2,618 |
| Operating profit (loss)9901 | -€7,823 |
| Financial income75/76B | €27,898 |
| Recurring financial income75 | €27,898 |
| Financial charges65/66B | €303 |
| Recurring financial charges65 | €303 |
| Profit (loss) for the period before taxes9903 | €19,772 |
| Profit (loss) for the period9904 | €19,772 |
| Profit (loss) for the period to be appropriated9905 | €19,772 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €34,867 | |
| Fixed assets21/28 | €4,168 | |
| Tangible fixed assets22/27 | €4,168 | |
| Furniture and vehicles24 | €4,168 | |
| Current assets29/58 | €30,699 | |
| Amounts receivable within one year40/41 | €21,854 | |
| Other amounts receivable41 | €21,854 | |
| Cash at bank and in hand54/58 | €8,845 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €34,867 | |
| Equity10/15 | €25,467 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €20,467 | |
| Amounts payable17/49 | €9,400 | |
| Amounts payable within one year42/48 | €8,399 | |
| Trade debts44 | €3,429 | |
| Suppliers440/4 | €3,429 | |
| Taxes, remuneration and social security45 | €4,970 | |
| Taxes450/3 | €2,423 | |
| Remuneration and social security454/9 | €2,547 | |
| Accrued charges and deferred income492/3 | €1,001 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €19,772 |
| + Depreciation and write-downs630 | €1,042 |
| Operating cash flow (approximation) | €20,814 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 20-12-2022 | 2022-20548306 |