BLUA
InactiveFinancials · financial year 2022, micro format
Annual accounts 2022 filed on 16-03-2023 PDF all 8 filings
Turnover
≈ €190,000
Estimated: probably between €120,000 and €350,000
Total assets
€87,232▼ 5.6%
2021 · €92,435
Net result
€34,205▼ 34.5%
2021 · €52,222
Working capital
€72,948▲ 88.3%
2021 · €38,743
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
€34,421
▼ 34.2%
2022
20182022
Net result
€34,205
▼ 34.5%
2022
20182022
Equity
€72,948
▲ 88.3%
2022
20182022
Total assets
€87,232
▼ 5.6%
2022
20182022
Debt
€14,284
▼ 73.4%
2022
20182022
Working capital
€72,948
▲ 88.3%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€9,365--€13,510▼ 44.3%-€2,992▲ 77.8%€52,336€34,421▼ 34.2%
Net result-€9,924--€13,840▼ 39.5%-€3,082▲ 77.7%€52,222€34,205▼ 34.5%
Equity€3,444--€10,396-€13,479▼ 29.6%€38,743€72,948▲ 88.3%
Total assets€58,958-€69,299▲ 17.5%€49,496▼ 28.6%€92,435▲ 86.8%€87,232▼ 5.6%
Debt€55,514-€79,695▲ 43.6%€62,975▼ 21.0%€53,691▼ 14.7%€14,284▼ 73.4%
Working capital-€14,239--€16,886▼ 18.6%-€13,479▲ 20.2%€38,743€72,948▲ 88.3%
The operating result for 2022 is 34% lower than in 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €87,232
Equity
€72,948 ▲ 88.3%
Debt
€14,284 ▼ 73.4%
Debt's share of the balance-sheet total falls from 58.1% to 16.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.11▲
2021 · 1.72
Debt to equity
0.20▼
2021 · 1.39
ROE
46.9%▼
2021 · 134.8%
ROA
39.2%▼
2021 · 56.5%
Debt ≤ 1 year
€14,284▼
2021 · €53,691
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 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,907 | €11,193 | €6,490 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €242 | €13,306 | ▲ 55× |
| Gross operating margin9900 | €3,089 | -€1,782 | €3,764 | €52,578 | €47,727 | ▼ 9.2% |
| Operating profit (loss)9901 | -€9,365 | -€13,510 | -€2,992 | €52,336 | €34,421 | ▼ 34.2% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €71 | €0 | - | - |
| Financial charges65/66B | - | - | - | €114 | €216 | ▲ 89.8% |
| Recurring financial charges65 | €558 | €331 | €161 | €114 | €216 | ▲ 89.8% |
| Profit (loss) for the period before taxes9903 | -€9,924 | -€13,840 | -€3,082 | €52,222 | €34,205 | ▼ 34.5% |
| Profit (loss) for the period9904 | -€9,924 | -€13,840 | -€3,082 | €52,222 | €34,205 | ▼ 34.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,924 | -€13,840 | -€3,082 | €52,222 | €34,205 | ▼ 34.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,958 | €69,299 | €49,496 | €92,435 | €87,232 | ▼ 5.6% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €17,683 | €6,490 | €0 | - | - | - |
| Intangible fixed assets21 | €9,777 | €4,177 | €0 | - | - | - |
| Tangible fixed assets22/27 | €7,906 | €2,313 | €0 | - | - | - |
| Current assets29/58 | €41,275 | €62,809 | €49,496 | €92,435 | €87,232 | ▼ 5.6% |
| Stocks and contracts in progress3 | €32,983 | €38,661 | €30,755 | €33,739 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €33,739 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €4,610 | €9,700 | €10,297 | €47,813 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €47,187 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €626 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3,682 | €14,448 | €8,445 | €10,883 | €87,232 | ▲ 702% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,958 | €69,299 | €49,496 | €92,435 | €87,232 | ▼ 5.6% |
| Equity10/15 | €3,444 | -€10,396 | -€13,479 | €38,743 | €72,948 | ▲ 88.3% |
| Contributions10/11 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Contributions outside capital11 | - | - | - | €120,000 | €120,000 | = |
| Other1109/19 | - | - | - | €120,000 | €120,000 | = |
| Profit (loss) carried forward14 | -€116,556 | -€130,396 | -€133,479 | -€81,257 | -€47,052 | ▲ 42.1% |
| Amounts payable17/49 | €55,514 | €79,695 | €62,975 | €53,691 | €14,284 | ▼ 73.4% |
| Amounts payable within one year42/48 | €55,514 | €79,695 | €62,975 | €53,691 | €14,284 | ▼ 73.4% |
| Trade debts44 | €5,514 | €28,353 | €10,475 | €11,191 | €836 | ▼ 92.5% |
| Suppliers440/4 | - | - | - | €11,191 | €836 | ▼ 92.5% |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €42,500 | €13,448 | ▼ 68.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,924 | -€13,840 | -€3,082 | €52,222 | €34,205 | ▼ 34.5% |
| + Depreciation and write-downs630 | €11,907 | €11,193 | €6,490 | €0 | - | - |
| Operating cash flow (approximation) | €1,983 | -€2,647 | €3,408 | €52,222 | €34,205 | ▼ 34.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €10,766 | -€6,003 | €2,438 | €76,349 | ▲ 31× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 16-03-2023 | 2023-00040419 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20366072 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43100538 | |
| 31-12-2019 | micro format | 10-08-2020 | 2020-40000567 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-36300485 | |
| 31-12-2017 | abbreviated format | 14-08-2018 | 2018-45500544 | |
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-31200444 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-53500035 |