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Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0664.886.795

Annual accounts 2021

abbreviated format, filed on 31-08-2022, 31 days late
€302,901
▲ 37.9%
-€152,037
▲ €95,525
-€157,699
▲ €94,926
-€237,183
▼ €262,826
-147.8%
▼ 93.9 percentage points
0.45
▼ 0.63

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €710,000. Estimated: probably between €430,000 and €1.2m.

Balance sheet

balance sheet total €271,315 on 31-12-2021
What the company ownsHow it is paid for

in euro

Staff

€36,727

Staff costs divided by the average number of full-time equivalents.

61 hours per contract

contracts started contracts ended

In 2021, 458 short contracts started and 461 ended, on average 61 hours worked per contract. Staff averaged 11 full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20212020201920182017
Balance sheet: assets
20/58 271,315451,505516,392525,154431,042
20 -188438688938
21/28 78,400107,877157,115142,311166,142
22/27 78,400107,877157,115142,311166,142
22 -1,8304,2716,7119,151
23 45,58246,39173,06773,49578,947
24 32,81855,43869,93746,64156,957
29/58 192,915343,441358,839382,155263,962
3 16,52318,40631,13483,64798,652
30/36 16,52318,40631,13483,64798,652
40/41 148,051321,258228,495157,042154,555
40 140,917313,403153,604142,6861,600
41 7,1347,85574,89114,356152,955
54/58 4,296-83,158110,688-
490/1 24,0463,77616,05230,77810,755
Balance sheet: equity and liabilities
10/49 271,315451,505516,392525,154431,042
10/15 -401,076-243,3779,24748,53637,940
10/11 18,55018,55018,55018,55018,550
100 --18,55018,55018,550
13 1,8551,8551,8551,8551,855
130/1 1,8551,855---
130 --1,8551,8551,855
1311 1,8551,855---
14 -421,481-263,782-11,15828,13117,535
17/49 672,391694,882507,144476,618393,103
17 79,33936,07459,54858,86780,638
170/4 79,33936,07459,54858,86780,638
42/48 430,098317,798260,319268,070289,086
42 36,41333,14434,89726,39827,330
43 145,735150,000150,000150,000150,000
430/8 145,735150,000150,000150,000150,000
44 64,78774,22835,05031,28797,668
440/4 64,78774,22835,05031,28797,668
45 72,77254,79640,37132,38111,275
450/3 12,20610,0181,7858872,850
454/9 60,56544,77838,58531,4958,425
47/48 110,3915,630-28,0032,812
492/3 162,954341,010187,278149,68123,378
Income statement
76A 14,275----
9900 302,901219,680284,230352,623402,949
62 415,017404,179252,246277,248257,505
630 39,07362,45564,44859,261101,716
640/8 8486082,1296841,246
9901 -152,037-247,562-34,59215,43042,482
75/76B -01851,667187
75 -01851,667187
65/66B 5,6625,0854,8145,59620,430
65 5,6625,0854,8145,5965,430
66B ----15,000
9903 -157,699-252,646-39,22111,50122,240
67/77 --21689042,850
9904 -157,699-252,625-39,28910,59619,390
9905 -157,699-252,625-39,28910,59619,390
Appropriation of the result
9906 -421,481-263,782-11,15828,13119,390
14P -263,782----
691/2 ----1,855
6920 ----1,855
Social balance sheet
9087 11.312.47.998
Hours worked1013 28,05029,47119,34021,45919,794
Document PDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 31-08-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 31 days after the deadline. Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20386722.

Financial year Type Filed Reference Document
31-12-2021 abbreviated format 31-08-2022 2022-20386722 PDF
31-12-2020 abbreviated format 17-11-2021 2021-77500377 PDF
31-12-2019 abbreviated format 05-11-2020 2020-69300237 PDF
31-12-2018 micro format 21-08-2019 2019-48400453 PDF
31-12-2017 micro format 21-08-2018 2018-47700082 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20212020201920182017
-112,963-185,10629,85674,691144,198
-118,625-190,16925,15969,857121,106
20,01112,96779,00153,512267,546
---27,530--
-237,18325,64398,521114,085-25,124
-147.8%-53.9%1.8%9.2%8.8%
0.451.081.381.430.91
0.411.021.261.110.57
--54.849.8210.36
---424.9%21.8%51.1%
-58.1%-56.0%-7.6%2.0%4.5%
-19.95----

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
Employees at the balance-sheet date4
full-time4
in full-time equivalents4
11.3
On a permanent contract1
Joined458
Left461

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired
Item2021
Tangible fixed assets€20,011
€39,073

Source: notes to the 2021 annual accounts (statement of fixed assets)

Insights on BMSGROW

The operating result for 2021 is a loss of €152,037, smaller than the loss of €247,562 in 2020.

Equity is negative. Debt (€672,391) exceeds the balance-sheet total (€271,315).