BLISSPAINT
InactiveFinancials · financial year 2023, micro format
Annual accounts 2023 filed on 29-01-2024 PDF all 3 filings
Equity
€28,618▼ 26.9%
2022 · €39,162
Total assets
€38,989▼ 27.3%
2022 · €53,614
Net result
-€10,545▲ 39.1%
2022 · -€17,320
Working capital
€5,285▼ 38.1%
2022 · €8,536
Trend over the years
2021 to 2023, 3 financial years
The operating result for 2023 is a loss of €10,486, smaller than the loss of €17,225 in 2022.
Operating result-€10,486
2023
Net result-€10,545
2023
Total assets€38,989
2023
Equity€28,618
2023
Debt€10,372
2023
Working capital€5,285
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023
Operating result-€43,396--€17,225▲ 60.3%-€10,486▲ 39.1%
Net result-€43,517--€17,320▲ 60.2%-€10,545▲ 39.1%
Equity€56,483-€39,162▼ 30.7%€28,618▼ 26.9%
Total assets€69,465-€53,614▼ 22.8%€38,989▼ 27.3%
Debt€12,982-€14,451▲ 11.3%€10,372▼ 28.2%
Working capital€16,132-€8,536▼ 47.1%€5,285▼ 38.1%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €38,989
Fixed assets
€23,333 ▼ 23.8%
Current assets
€15,656 ▼ 31.9%
Equity and liabilities €38,989
Equity
€28,618 ▼ 26.9%
Debt
€10,372 ▼ 28.2%
Debt's share of the balance-sheet total falls from 27.0% to 26.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,193▲
2022 · -€7,501
Cash flow
-€3,252▲
2022 · -€7,596
Current ratio
1.51▼
2022 · 1.59
Quick ratio
0.99▼
2022 · 1.03
Debt to equity
0.36▼
2022 · 0.37
ROE
-36.8%▲
2022 · -44.2%
ROA
-27.0%▲
2022 · -32.3%
Interest coverage
-54.82▼
2022 · -34.90
Debt ≤ 1 year
€10,372▼
2022 · €14,451
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 30-09-2023 |
|---|---|---|---|
| Intangible fixed assets | €48,621 | - | - |
| Depreciation and write-downs of the year | €8,271 | €9,724 | €7,293 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,271 | €9,724 | €7,293 | ▼ 25.0% |
| Other operating charges640/8 | €371 | €362 | €348 | ▼ 4.0% |
| Gross operating margin9900 | -€34,755 | -€7,139 | -€2,846 | ▲ 60.1% |
| Operating profit (loss)9901 | -€43,396 | -€17,225 | -€10,486 | ▲ 39.1% |
| Financial income75/76B | €109 | €120 | €0 | ▼ 100% |
| Recurring financial income75 | €109 | €120 | €0 | ▼ 100% |
| Financial charges65/66B | €229 | €215 | €58 | ▼ 72.9% |
| Recurring financial charges65 | €229 | €215 | €58 | ▼ 72.9% |
| Profit (loss) for the period before taxes9903 | -€43,517 | -€17,320 | -€10,545 | ▲ 39.1% |
| Profit (loss) for the period9904 | -€43,517 | -€17,320 | -€10,545 | ▲ 39.1% |
| Profit (loss) for the period to be appropriated9905 | -€43,517 | -€17,320 | -€10,545 | ▲ 39.1% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €69,465 | €53,614 | €38,989 | ▼ 27.3% |
| Fixed assets21/28 | €40,350 | €30,626 | €23,333 | ▼ 23.8% |
| Intangible fixed assets21 | €40,350 | €30,626 | €23,333 | ▼ 23.8% |
| Current assets29/58 | €29,115 | €22,988 | €15,656 | ▼ 31.9% |
| Stocks and contracts in progress3 | €8,558 | €8,048 | €5,370 | ▼ 33.3% |
| Stocks30/36 | €8,558 | €8,048 | €5,370 | ▼ 33.3% |
| Amounts receivable within one year40/41 | €2,536 | €3,548 | €4,634 | ▲ 30.6% |
| Trade receivables40 | €1,252 | €2,150 | €3,533 | ▲ 64.3% |
| Other amounts receivable41 | €1,284 | €1,398 | €1,101 | ▼ 21.3% |
| Cash at bank and in hand54/58 | €18,021 | €11,391 | €5,652 | ▼ 50.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €69,465 | €53,614 | €38,989 | ▼ 27.3% |
| Equity10/15 | €56,483 | €39,162 | €28,618 | ▼ 26.9% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€43,517 | -€60,838 | -€71,382 | ▼ 17.3% |
| Amounts payable17/49 | €12,982 | €14,451 | €10,372 | ▼ 28.2% |
| Amounts payable within one year42/48 | €12,982 | €14,451 | €10,372 | ▼ 28.2% |
| Financial debts43 | €436 | €92 | €0 | ▼ 100% |
| Credit institutions430/8 | €436 | €92 | €0 | ▼ 100% |
| Trade debts44 | €11,275 | €12,878 | €8,156 | ▼ 36.7% |
| Suppliers440/4 | €11,275 | €12,878 | €8,156 | ▼ 36.7% |
| Advances received on contracts in progress46 | - | - | €590 | - |
| Taxes, remuneration and social security45 | - | - | €82 | - |
| Taxes450/3 | - | - | €82 | - |
| Other amounts payable47/48 | €1,271 | €1,481 | €1,543 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,517 | -€17,320 | -€10,545 | ▲ 39.1% |
| + Depreciation and write-downs630 | €8,271 | €9,724 | €7,293 | ▼ 25.0% |
| Operating cash flow (approximation) | -€35,246 | -€7,596 | -€3,252 | ▲ 57.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€6,630 | -€5,739 | ▲ 13.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.