BE-AWESOME
InactiveBE-AWESOME was declared bankrupt on 17-08-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 30-04-2024, published in the Belgian Official Gazette on 07-05-2024.
Summary
Inactive; last annual accounts for financial year 2022.
Financials · financial year 2022, micro format
Equity
-€33,967▼ 29.3%
2021 · -€26,270
Total assets
€6,328▲ 5.9%
2021 · €5,978
Net result
-€13,897▼ 55.1%
2021 · -€8,961
Working capital
-€34,010▼ 28.4%
2021 · -€26,481
Trend over the years
2019 to 2022, 4 financial years
The operating result stays negative: a loss of €12,517 in 2022 against €6,045 in 2021; 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-€12,517
2022
Net result-€13,897
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6,328
2022
Equity-€33,967
2022
Debt€40,295
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€34,010
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Operating result-€27,320--€1,714▲ 93.7%-€6,045▼ 253%-€12,517▼ 107%
Net result-€27,569--€2,140▲ 92.2%-€8,961▼ 319%-€13,897▼ 55.1%
Equity-€15,169--€17,309▼ 14.1%-€26,270▼ 51.8%-€33,967▼ 29.3%
Total assets€12,129-€4,354▼ 64.1%€5,978▲ 37.3%€6,328▲ 5.9%
Debt€27,298-€21,662▼ 20.6%€32,248▲ 48.9%€40,295▲ 25.0%
Working capital-€17,020--€18,589▼ 9.2%-€26,481▼ 42.5%-€34,010▼ 28.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6,328
Fixed assets
€43 ▼ 79.7%
Current assets
€6,285 ▲ 9.0%
Equity and liabilities
Equity-€33,967
Debt€40,295
Equity is negative: debt (€40,295) exceeds the balance-sheet total (€6,328).
Key figures and ratios
EBITDA
-€12,349▼
2021 · -€4,976
Cash flow
-€13,729▼
2021 · -€7,892
Solvency
-536.8%▼
2021 · -439.4%
Current ratio
0.16▼
2021 · 0.18
Quick ratio
0.14▼
2021 · 0.16
ROA
-219.6%▼
2021 · -149.9%
Interest coverage
-8.44▼
2021 · -1.91
Debt ≤ 1 year
€40,295▲
2021 · €32,248
Income taxes
€190▼
2021 · €309
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €815 | €983 | €1,069 | €168 | ▼ 84.3% |
| Other operating charges640/8 | - | - | €295 | €874 | ▲ 196% |
| Gross operating margin9900 | -€26,417 | -€371 | -€4,680 | -€11,475 | ▼ 145% |
| Operating profit (loss)9901 | -€27,320 | -€1,714 | -€6,045 | -€12,517 | ▼ 107% |
| Financial income75/76B | - | - | €0 | €272 | ▲ 2,721,800% |
| Recurring financial income75 | €5 | €0 | €0 | €272 | ▲ 2,721,800% |
| Financial charges65/66B | - | - | €2,607 | €1,462 | ▼ 43.9% |
| Recurring financial charges65 | €199 | €231 | €2,607 | €1,462 | ▼ 43.9% |
| Profit (loss) for the period before taxes9903 | -€27,514 | -€1,945 | -€8,652 | -€13,707 | ▼ 58.4% |
| Income taxes67/77 | €55 | €195 | €309 | €190 | ▼ 38.5% |
| Profit (loss) for the period9904 | -€27,569 | -€2,140 | -€8,961 | -€13,897 | ▼ 55.1% |
| Profit (loss) for the period to be appropriated9905 | -€27,569 | -€2,140 | -€8,961 | -€13,897 | ▼ 55.1% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,129 | €4,354 | €5,978 | €6,328 | ▲ 5.9% |
| Fixed assets21/28 | €1,851 | €1,281 | €211 | €43 | ▼ 79.7% |
| Tangible fixed assets22/27 | €1,851 | €1,281 | €211 | €43 | ▼ 79.7% |
| Furniture and vehicles24 | - | - | €211 | €43 | ▼ 79.7% |
| Current assets29/58 | €10,277 | €3,073 | €5,767 | €6,285 | ▲ 9.0% |
| Stocks and contracts in progress3 | - | €693 | €756 | €537 | ▼ 29.0% |
| Stocks30/36 | - | - | €756 | €537 | ▼ 29.0% |
| Amounts receivable within one year40/41 | €10,246 | €2,380 | €5,011 | €5,406 | ▲ 7.9% |
| Trade receivables40 | - | - | €5,006 | €5,406 | ▲ 8.0% |
| Other amounts receivable41 | - | - | €4 | - | - |
| Cash at bank and in hand54/58 | €31 | - | - | €342 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,129 | €4,354 | €5,978 | €6,328 | ▲ 5.9% |
| Equity10/15 | -€15,169 | -€17,309 | -€26,270 | -€33,967 | ▼ 29.3% |
| Contributions10/11 | €12,400 | - | €12,400 | €18,600 | ▲ 50.0% |
| Profit (loss) carried forward14 | -€27,569 | -€29,709 | -€38,670 | -€52,567 | ▼ 35.9% |
| Amounts payable17/49 | €27,298 | €21,662 | €32,248 | €40,295 | ▲ 25.0% |
| Amounts payable within one year42/48 | €27,298 | €21,662 | €32,248 | €40,295 | ▲ 25.0% |
| Financial debts43 | - | - | €7,304 | €3,558 | ▼ 51.3% |
| Credit institutions430/8 | - | - | €7,304 | €3,558 | ▼ 51.3% |
| Trade debts44 | €10,350 | €13,250 | €9,028 | €15,879 | ▲ 75.9% |
| Suppliers440/4 | - | - | €9,028 | €15,879 | ▲ 75.9% |
| Advances received on contracts in progress46 | - | - | - | €749 | - |
| Taxes, remuneration and social security45 | - | - | €639 | €1,499 | ▲ 135% |
| Taxes450/3 | - | - | €639 | €1,499 | ▲ 135% |
| Other amounts payable47/48 | - | - | €15,277 | €18,611 | ▲ 21.8% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,569 | -€2,140 | -€8,961 | -€13,897 | ▼ 55.1% |
| + Depreciation and write-downs630 | €815 | €983 | €1,069 | €168 | ▼ 84.3% |
| Operating cash flow (approximation) | -€26,754 | -€1,157 | -€7,892 | -€13,729 | ▼ 74.0% |
| Investment in fixed assets (approximation) | - | -€412 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 30-06-2023 | 2023-00180421 |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20123736 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61200597 |
| 31-12-2019 | micro format | 28-07-2020 | 2020-36100296 |
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €330 awarded · €330 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €0 | €330 |
| 2022 | 1 | €330 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.