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InactiveFinancials · financial year 2023, abbreviated format
Equity
-€15,078▼ 16.4%
2022 · -€12,957
Total assets
€76▼ 81.1%
2022 · €404
Net result
-€2,121▼ 315%
2022 · -€512
Working capital
-€15,078▼ 16.4%
2022 · -€12,957
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €2,066 in 2023 against €473 in 2022; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€2,066
2023
Net result-€2,121
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€76
2023
Equity-€15,078
2023
Debt€15,154
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€15,078
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€1,450-€2,900▲ 100.0%-€946-€2,807▼ 197%-€473▲ 83.2%-€2,066▼ 337%
Net result€1,370-€2,178▲ 59.0%-€946-€2,922▼ 209%-€512▲ 82.5%-€2,121▼ 315%
Equity-€10,748--€8,570▲ 20.3%-€9,524▼ 11.1%-€12,446▼ 30.7%-€12,957▼ 4.1%-€15,078▼ 16.4%
Total assets€10,375-€5,425▼ 47.7%€6,980▲ 28.7%€568▼ 91.9%€404▼ 28.9%€76▼ 81.1%
Debt€21,124-€13,995▼ 33.7%€16,504▲ 17.9%€13,014▼ 21.1%€13,361▲ 2.7%€15,154▲ 13.4%
Working capital-€10,748--€8,570▲ 20.3%-€9,524▼ 11.1%-€12,446▼ 30.7%-€12,957▼ 4.1%-€15,078▼ 16.4%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€15,154▲
2022 · €13,361
Ratios withheld: a balance sheet total of €76 is too small for a meaningful ratio.
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 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €620 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €473 | €473 | €509 | ▲ 7.8% |
| Non-recurring operating charges66A | - | - | - | €2,244 | €0 | - | - |
| Gross operating margin9900 | €2,869 | €3,663 | -€599 | -€91 | €0 | -€1,557 | - |
| Operating profit (loss)9901 | €1,450 | €2,900 | -€946 | -€2,807 | -€473 | -€2,066 | ▼ 337% |
| Recurring financial income75 | - | €70 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €115 | €39 | €55 | ▲ 39.9% |
| Recurring financial charges65 | €80 | €683 | - | €115 | €39 | €55 | ▲ 39.9% |
| Profit (loss) for the period before taxes9903 | €1,370 | €2,287 | -€946 | -€2,922 | -€512 | -€2,121 | ▼ 315% |
| Income taxes67/77 | - | €109 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,370 | €2,178 | -€946 | -€2,922 | -€512 | -€2,121 | ▼ 315% |
| Profit (loss) for the period to be appropriated9905 | €1,370 | €2,178 | -€946 | -€2,922 | -€512 | -€2,121 | ▼ 315% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €10,375 | €5,425 | €6,980 | €568 | €404 | €76 | ▼ 81.1% |
| Current assets29/58 | €10,375 | €5,425 | €6,980 | €568 | €404 | €76 | ▼ 81.1% |
| Amounts receivable within one year40/41 | €3,650 | - | €1,556 | €0 | - | - | - |
| Trade receivables40 | - | - | - | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €6,725 | €5,425 | €5,425 | €568 | €404 | €76 | ▼ 81.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €10,375 | €5,425 | €6,980 | €568 | €404 | €76 | ▼ 81.1% |
| Equity10/15 | -€10,748 | -€8,570 | -€9,524 | -€12,446 | -€12,957 | -€15,078 | ▼ 16.4% |
| Contributions10/11 | €18,400 | €18,400 | - | €18,400 | €18,400 | €18,400 | = |
| Reserves13 | €486 | €486 | €486 | €486 | €486 | €486 | = |
| Non-distributable reserves130/1 | - | - | - | €486 | €486 | €486 | = |
| Reserves not available under the articles1311 | - | - | - | €486 | €486 | €486 | = |
| Profit (loss) carried forward14 | -€29,634 | -€27,456 | -€28,410 | -€31,331 | -€31,843 | -€33,964 | ▼ 6.7% |
| Amounts payable17/49 | €21,124 | €13,995 | €16,504 | €13,014 | €13,361 | €15,154 | ▲ 13.4% |
| Amounts payable within one year42/48 | €21,124 | €13,995 | €16,504 | €13,014 | €13,361 | €15,154 | ▲ 13.4% |
| Trade debts44 | - | €981 | €3,270 | €0 | €348 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €0 | €348 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0 | - | - | - |
| Taxes450/3 | - | - | - | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €13,014 | €13,014 | €15,154 | ▲ 16.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,370 | €2,178 | -€946 | -€2,922 | -€512 | -€2,121 | ▼ 315% |
| + Depreciation and write-downs630 | €620 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €1,990 | €2,178 | -€946 | -€2,922 | -€512 | -€2,121 | ▼ 315% |
| Change in cash | - | -€1,301 | €0 | -€4,857 | -€164 | -€328 | ▼ 99.8% |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 17-07-2024 | 2024-00253752 |
| 31-12-2022 | abbreviated format | 18-07-2023 | 2023-00255304 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20409660 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66500079 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-51600458 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-63600217 |
| 31-12-2017 | micro format | 23-08-2018 | 2018-49100326 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59200108 |
| 31-12-2015 | abbreviated format | 24-06-2016 | 2016-22600374 |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-53200147 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.