BAAS PROJECTS
Annual accounts 2021
micro format, filed on 31-08-2022, 31 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €162,972 on 31-12-2021Staff
€47,166
Staff costs divided by the average number of full-time equivalents.
19 hours per contract
In 2021, 116 short contracts started and 117 ended, on average 19 hours worked per contract. Staff averaged 1.1 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
162,972 | |
21/28 |
146,230 | |
21 |
1 | |
22/27 |
146,230 | |
23 |
8,916 | |
24 |
5,325 | |
26 |
131,989 | |
29/58 |
16,742 | |
3 |
10,267 | |
30/36 |
10,267 | |
40/41 |
2,326 | |
40 |
425 | |
41 |
1,901 | |
54/58 |
4,149 | |
| Balance sheet: equity and liabilities | ||
10/49 |
162,972 | |
10/15 |
-75,487 | |
10/11 |
20,000 | |
14 |
-95,487 | |
17/49 |
238,459 | |
17 |
58,664 | |
170/4 |
58,664 | |
42/48 |
179,681 | |
42 |
14,838 | |
44 |
65,244 | |
440/4 |
65,244 | |
45 |
18,899 | |
450/3 |
4,056 | |
454/9 |
14,844 | |
47/48 |
80,699 | |
492/3 |
115 | |
| Income statement | ||
9900 |
-21,485 | |
62 |
51,883 | |
630 |
18,420 | |
640/8 |
348 | |
9901 |
-92,135 | |
65/66B |
3,352 | |
65 |
3,352 | |
9903 |
-95,487 | |
9904 |
-95,487 | |
9905 |
-95,487 | |
| Appropriation of the result | ||
9906 |
-95,487 | |
| Social balance sheet | ||
9087 |
1.1 | |
Hours worked1013 |
2,260 | |
| Document | ||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 31-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 31 days after the deadline. Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20388857.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 31-08-2022 | 2022-20388857 |
Subsidies and aid
Flemish government 2022, 1 entry, €2,000 awarded, €2,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 |
|---|---|---|
| -73,715 | ||
| -77,067 | ||
| 164,650 | ||
| -162,939 | ||
| -46.3% | ||
| 0.09 | ||
| 0.04 | ||
| -58.6% | ||
| -21.99 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| part-time | 1 |
| in full-time equivalents | 0.8 |
| 0.9 | |
| On a permanent contract | 1 |
| Joined | 116 |
| Left | 117 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €164,649 |
| Intangible fixed assets | €1 |
| €18,420 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on BAAS PROJECTS
Equity is negative. Debt (€238,459) exceeds the balance-sheet total (€162,972).