BIZZOOM
Bankruptcy closedFinancials · financial year 2023, micro format
2023 annual accounts filed 25 days after the deadline Filed on 25 February 2024, deadline 31 January 2024 (7 months after the close on 30 June 2023, Companies Code art. 3:10). Source: NBB, 2024-00034389.
Annual accounts 2023 filed on 25-02-2024 PDF all 12 filings
Turnover
€5,638
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€14,569
2022 · -€98,918
Working capital
-€54,307▲ 7.8%
2022 · -€58,876
Multi-year overview
2019 to 2023, 5 financial yearsTurnover
no figure
2023
20192023
Operating result
€5,554
2023
20192023
Net result
€14,569
2023
20192023
Equity
-€54,307
▲ 7.8%
2023
20192023
Total assets
€1
▼ 100.0%
2023
20192023
Debt
€54,308
▼ 27.8%
2023
20192023
Working capital
-€54,307
▲ 7.8%
2023
20192023
Staff (FTE)
no figure
2023
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Turnover€5,638
Operating result€5,727-€1,950▼ 66.0%€421▼ 78.4%-€98,465€5,554
Net result€4,922-€879▼ 82.1%€2,135▲ 143%-€98,918€14,569
Equity€28,428-€29,307▲ 3.1%€40,042▲ 36.6%-€58,876-€54,307▲ 7.8%
Total assets€64,249-€159,108▲ 148%€173,325▲ 8.9%€16,389▼ 90.5%€1▼ 100.0%
Debt€35,821-€129,801▲ 262%€133,283▲ 2.7%€75,265▼ 43.5%€54,308▼ 27.8%
Working capital€32,069-€30,896▼ 3.7%€38,543▲ 24.8%-€58,876-€54,307▲ 7.8%
Staff (FTE)11=0.5▼ 50.0%
The operating result for 2023 is a profit of €5,554, after a loss of €98,465 in 2022. It is the highest result since 2019.
Key figures and ratios
Debt ≤ 1 year
€54,308▼
2022 · €75,265
The ratios are withheld because a balance sheet total of €1 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 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €5,638 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €45,628 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €28,305 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,484 | €1,483 | €844 | €1,499 | - | - |
| Other operating charges640/8 | - | - | - | €420 | - | - |
| Gross operating margin9900 | €6,020 | €33,759 | €6,728 | -€68,241 | €5,554 | - |
| Operating profit (loss)9901 | €5,727 | €1,950 | €421 | -€98,465 | €5,554 | - |
| Financial income75/76B | - | - | - | - | €10,439 | - |
| Recurring financial income75 | €264 | - | €3,129 | - | €10,439 | - |
| Financial charges65/66B | - | - | - | €457 | €1,424 | ▲ 212% |
| Recurring financial charges65 | €1,069 | €628 | €1,067 | €457 | €1,424 | ▲ 212% |
| Profit (loss) for the period before taxes9903 | €4,922 | €1,322 | €2,483 | -€98,922 | €14,569 | - |
| Income taxes67/77 | - | €443 | €348 | -€4 | - | - |
| Profit (loss) for the period9904 | €4,922 | €879 | €2,135 | -€98,918 | €14,569 | - |
| Profit (loss) for the period to be appropriated9905 | €4,922 | €879 | €2,135 | -€98,918 | €14,569 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,249 | €159,108 | €173,325 | €16,389 | €1 | ▼ 100.0% |
| Fixed assets21/28 | €3,827 | €2,343 | €1,499 | - | - | - |
| Tangible fixed assets22/27 | €3,827 | €2,343 | €1,499 | - | - | - |
| Current assets29/58 | €60,422 | €156,765 | €171,826 | €16,389 | €1 | ▼ 100.0% |
| Amounts receivable within one year40/41 | €40,138 | €81,750 | €171,826 | €16,389 | - | - |
| Trade receivables40 | - | - | - | €16,389 | - | - |
| Cash at bank and in hand54/58 | €284 | €15 | - | - | €1 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,249 | €159,108 | €173,325 | €16,389 | €1 | ▼ 100.0% |
| Equity10/15 | €28,428 | €29,307 | €40,042 | -€58,876 | -€54,307 | ▲ 7.8% |
| Contributions10/11 | €10,000 | €10,000 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Contributions outside capital11 | - | - | - | - | €18,600 | - |
| Share premium1100/10 | - | - | - | - | €18,600 | - |
| Reserves13 | €11,860 | €11,860 | €11,860 | €11,860 | €1,860 | ▼ 84.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - |
| Tax-exempt reserves132 | - | - | - | €10,000 | - | - |
| Profit (loss) carried forward14 | €6,568 | €7,447 | €9,582 | -€89,336 | -€74,767 | ▲ 16.3% |
| Amounts payable17/49 | €35,821 | €129,801 | €133,283 | €75,265 | €54,308 | ▼ 27.8% |
| Amounts payable after more than one year17 | €7,468 | €3,932 | - | - | - | - |
| Amounts payable within one year42/48 | €28,353 | €125,869 | €133,283 | €75,265 | €54,308 | ▼ 27.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €917 | - | - |
| Financial debts43 | - | - | - | €5,292 | - | - |
| Credit institutions430/8 | - | - | - | €5,292 | - | - |
| Trade debts44 | €23,009 | €109,669 | €106,195 | €47,746 | €7,625 | ▼ 84.0% |
| Suppliers440/4 | - | - | - | €47,746 | €7,625 | ▼ 84.0% |
| Taxes, remuneration and social security45 | - | - | - | €21,310 | €3,564 | ▼ 83.3% |
| Taxes450/3 | - | - | - | €21,310 | €3,564 | ▼ 83.3% |
| Other amounts payable47/48 | - | - | - | - | €43,119 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,922 | €879 | €2,135 | -€98,918 | €14,569 | - |
| + Depreciation and write-downs630 | €1,484 | €1,483 | €844 | €1,499 | - | - |
| Operating cash flow (approximation) | €6,406 | €2,362 | €2,979 | -€97,419 | €14,569 | - |
| Investment in fixed assets (approximation) | - | €1 | €0 | - | - | - |
| Change in cash | - | -€269 | - | - | - | - |
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 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2023 | micro format | 25-02-2024 | 2024-00034389 | |
| 30-06-2022 | abbreviated format | 28-02-2023 | 2023-00033613 | |
| 30-06-2021 | abbreviated format | 03-02-2022 | 2022-04900051 | |
| 30-06-2020 | abbreviated format | 25-02-2021 | 2021-06400297 | |
| 30-06-2019 | abbreviated format | 12-02-2020 | 2020-04900106 | |
| 30-06-2018 | micro format | 17-01-2019 | 2019-01700156 | |
| 30-06-2017 | micro format | 22-01-2018 | 2018-01900143 | |
| 30-06-2016 | abbreviated format | 16-01-2017 | 2017-01300245 | |
| 30-06-2015 | abbreviated format | 17-02-2016 | 2016-04500558 | |
| 30-06-2014 | abbreviated format | 22-01-2015 | 2015-02100331 |