BEMOSE
InactiveFinancials · financial year 2021, micro format
Annual accounts 2021 filed on 30-06-2022 PDF all 15 filings
Equity
-€240,756
2020 · €345,248
Total assets
€12,962▼ 96.6%
2020 · €377,102
Net result
-€586,004▼ 4,335%
2020 · -€13,215
Working capital
-€237,533
2020 · €31,570
Multi-year overview
2018 to 2021, 4 financial yearsOperating result
-€7,935
▲ 39.4%
2021
20182021
Net result
-€586,004
▼ 4,335%
2021
20182021
Equity
-€240,756
2021
20182021
Total assets
€12,962
▼ 96.6%
2021
20182021
Debt
€253,718
▲ 696%
2021
20182021
Working capital
-€237,533
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€6,222-€7,510▲ 20.7%-€13,099-€7,935▲ 39.4%
Net result€6,011-€7,292▲ 21.3%-€13,215-€586,004▼ 4,335%
Equity€501,170-€358,463▼ 28.5%€345,248▼ 3.7%-€240,756
Total assets€501,595-€509,310▲ 1.5%€377,102▼ 26.0%€12,962▼ 96.6%
Debt€424-€150,847▲ 356×€31,854▼ 78.9%€253,718▲ 696%
Working capital€187,386-€44,392▼ 76.3%€31,570▼ 28.9%-€237,533
The operating result for 2021 is a loss of €7,935, smaller than the loss of €13,099 in 2020.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €12,962
Fixed assets
€1 ▼ 100.0%
Current assets
€12,961 ▼ 79.5%
Equity and liabilities
Equity-€240,756
Debt€253,718
Equity is negative. Debt (€253,718) exceeds the balance-sheet total (€12,962).
Key figures and ratios
EBITDA
-€7,792▲
2020 · -€12,956
Cash flow
-€585,861▼
2020 · -€13,072
Current ratio
0.05▼
2020 · 2.00
Interest coverage
-0.01
Debt ≤ 1 year
€250,494▲
2020 · €31,605
A ratio outside any meaningful range has been withheld (balance sheet total €12,962, equity -€240,756).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 |
|---|---|
| Financial fixed assets | €261,100 |
| Depreciation and write-downs of the year | €143 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137 | €143 | €143 | €143 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,111 | - |
| Other operating charges640/8 | - | - | - | €348 | - |
| Gross operating margin9900 | €7,227 | €8,000 | -€12,608 | -€334 | ▲ 97.4% |
| Operating profit (loss)9901 | €6,222 | €7,510 | -€13,099 | -€7,935 | ▲ 39.4% |
| Recurring financial income75 | - | - | €361 | - | - |
| Financial charges65/66B | - | - | - | €578,068 | - |
| Recurring financial charges65 | €211 | €217 | €477 | €578,068 | ▲ 1,212× |
| Non-recurring financial charges66B | - | - | - | €578,068 | - |
| Profit (loss) for the period before taxes9903 | €6,011 | €7,292 | -€13,215 | -€586,004 | ▼ 4,335% |
| Profit (loss) for the period9904 | €6,011 | €7,292 | -€13,215 | -€586,004 | ▼ 4,335% |
| Profit (loss) for the period to be appropriated9905 | €6,011 | €7,292 | -€13,215 | -€586,004 | ▼ 4,335% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €501,595 | €509,310 | €377,102 | €12,962 | ▼ 96.6% |
| Fixed assets21/28 | €313,785 | €314,071 | €313,928 | €1 | ▼ 100.0% |
| Tangible fixed assets22/27 | €0 | €286 | €143 | - | - |
| Financial fixed assets28 | €313,785 | €313,785 | €313,785 | €1 | ▼ 100.0% |
| Current assets29/58 | €187,810 | €195,239 | €63,175 | €12,961 | ▼ 79.5% |
| Amounts receivable within one year40/41 | €116,367 | €13,062 | €48,472 | €2,102 | ▼ 95.7% |
| Trade receivables40 | - | - | - | €1,418 | - |
| Other amounts receivable41 | - | - | - | €685 | - |
| Current investments50/53 | - | €170,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €71,443 | €12,177 | €4,341 | €859 | ▼ 80.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €501,595 | €509,310 | €377,102 | €12,962 | ▼ 96.6% |
| Equity10/15 | €501,170 | €358,463 | €345,248 | -€240,756 | - |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | - | - | - | €250,000 | - |
| Issued capital100 | - | - | - | €250,000 | - |
| Reserves13 | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Non-distributable reserves130/1 | - | - | - | €25,000 | - |
| Legal reserve130 | - | - | - | €25,000 | - |
| Distributable reserves133 | - | - | - | €20,000 | - |
| Profit (loss) carried forward14 | €206,170 | €63,463 | €50,248 | -€535,756 | - |
| Amounts payable17/49 | €424 | €150,847 | €31,854 | €253,718 | ▲ 696% |
| Amounts payable within one year42/48 | €424 | €150,847 | €31,605 | €250,494 | ▲ 693% |
| Trade debts44 | - | €847 | €605 | €3,494 | ▲ 478% |
| Suppliers440/4 | - | - | - | €3,494 | - |
| Other amounts payable47/48 | - | - | - | €247,000 | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,224 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,011 | €7,292 | -€13,215 | -€586,004 | ▼ 4,335% |
| + Depreciation and write-downs630 | €137 | €143 | €143 | €143 | = |
| Operating cash flow (approximation) | €6,149 | €7,435 | -€13,072 | -€585,861 | ▼ 4,382% |
| Investment in fixed assets (approximation) | - | -€429 | €0 | €313,784 | - |
| Change in cash | - | -€59,266 | -€7,836 | -€3,482 | ▲ 55.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 30-06-2022 | 2022-20112018 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43200323 | |
| 31-12-2019 | micro format | 29-09-2020 | 2020-56200223 | |
| 31-12-2018 | micro format | 22-08-2019 | 2019-49400569 | |
| 31-12-2017 | micro format | 18-07-2018 | 2018-33900563 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-47100178 | |
| 31-12-2015 | full format | 24-06-2016 | 2016-21000454 | |
| 31-12-2014 | full format | 24-08-2015 | 2015-45500208 | |
| 31-12-2013 | full format | 18-07-2014 | 2014-31400197 | |
| 31-12-2012 | full format | 13-08-2013 | 2013-41400449 |