BOBRUSH
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 23-12-2022 was due by 23-07-2023 and was filed on 20-07-2023, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
3 d early
2021
44 d early
2020
40 d early
2019
59 d early
2018
56 d early
2017
35 d early
2016
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days before the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€2.0m▲ 5.3%
2021 · €1.9m
Total assets
€6.4m▼ 1.9%
2021 · €6.5m
Net result
€100,359▼ 68.9%
2021 · €322,799
Working capital
€806,338▲ 61.5%
2021 · €499,185
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€235,401-€143,916▼ 38.9%€523,231▲ 264%€597,586▲ 14.2%€265,733▼ 55.5%
Net result€88,248-€20,118▼ 77.2%€294,108▲ 1,362%€322,799▲ 9.8%€100,359▼ 68.9%
Equity€1.3m-€1.3m▲ 1.6%€1.6m▲ 23.0%€1.9m▲ 20.5%€2.0m▲ 5.3%
Total assets€6.1m-€5.6m▼ 8.4%€5.9m▲ 4.1%€6.5m▲ 10.6%€6.4m▼ 1.9%
Debt€4.7m-€4.2m▼ 11.1%€4.2m▼ 1.2%€4.5m▲ 7.4%€4.3m▼ 4.8%
Working capital-€151,644--€85,319▲ 43.7%€254,303€499,185▲ 96.3%€806,338▲ 61.5%
Staff (FTE)12.5-11.9▼ 4.8%12.4▲ 4.2%12.4=13.8▲ 11.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 56% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6.4m
Fixed assets
€2.7m ▼ 2.3%
Current assets
€3.7m ▼ 1.5%
Equity and liabilities €6.4m
Equity
€2.0m ▲ 5.3%
Provisions
€95,705 ▼ 4.4%
Debt
€4.3m ▼ 4.8%
Debt's share of the balance-sheet total falls from 69.1% to 67.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€395,899▼
2021 · €847,827
Cash flow
€230,526▼
2021 · €573,040
Current ratio
1.28▲
2021 · 1.15
Quick ratio
0.38▲
2021 · 0.35
Debt to equity
2.13▼
2021 · 2.36
ROE
5.0%▼
2021 · 17.0%
ROA
1.6%▼
2021 · 5.0%
Interest coverage
5.28▲
2021 · 4.77
Debt ≤ 1 year
€2.9m▼
2021 · €3.2m
Debt > 1 year
€1.4m▲
2021 · €1.2m
Income taxes
€101,132▼
2021 · €131,961
Staff costs
€343,062▼
2021 · €667,283
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,876 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €667,283 | €343,062 | ▼ 48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €276,085 | €267,568 | €257,095 | €250,241 | €130,166 | ▼ 48.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €33,368 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €17,015 | €2,443 | ▼ 85.6% |
| Gross operating margin9900 | €1.1m | €1.0m | €1.4m | €1.6m | €741,405 | ▼ 52.6% |
| Operating profit (loss)9901 | €235,401 | €143,916 | €523,231 | €597,586 | €265,733 | ▼ 55.5% |
| Financial income75/76B | - | - | - | €26,119 | €6,297 | ▼ 75.9% |
| Recurring financial income75 | €31,797 | €23,645 | €23,912 | €26,119 | €6,297 | ▼ 75.9% |
| Financial charges65/66B | - | - | - | €177,722 | €74,927 | ▼ 57.8% |
| Recurring financial charges65 | €141,553 | €136,432 | €143,631 | €177,722 | €74,927 | ▼ 57.8% |
| Profit (loss) for the period before taxes9903 | €125,645 | €31,129 | €403,512 | €445,983 | €197,103 | ▼ 55.8% |
| Transfer from deferred taxes780 | - | - | - | €8,777 | €4,389 | ▼ 50.0% |
| Income taxes67/77 | €46,175 | €19,788 | €118,182 | €131,961 | €101,132 | ▼ 23.4% |
| Profit (loss) for the period9904 | €88,248 | €20,118 | €294,108 | €322,799 | €100,359 | ▼ 68.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €171,210 | €8,523 | ▼ 95.0% |
| Profit (loss) for the period to be appropriated9905 | €105,293 | €37,164 | €311,153 | €494,009 | €108,882 | ▼ 78.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €5.6m | €5.9m | €6.5m | €6.4m | ▼ 1.9% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €3.1m | €3.0m | €2.7m | €2.7m | €2.7m | ▼ 2.3% |
| Intangible fixed assets21 | €233,665 | €174,714 | €120,805 | €78,687 | €59,461 | ▼ 24.4% |
| Tangible fixed assets22/27 | €2.9m | €2.8m | €2.6m | €2.6m | €2.6m | ▼ 1.7% |
| Land and buildings22 | - | - | - | €2.6m | €2.5m | ▼ 3.7% |
| Plant, machinery and equipment23 | - | - | - | €41,512 | €96,301 | ▲ 132% |
| Furniture and vehicles24 | - | - | - | €33,614 | €28,701 | ▼ 14.6% |
| Leasing and similar rights25 | - | - | - | €21,453 | €19,321 | ▼ 9.9% |
| Financial fixed assets28 | €248 | €0 | - | - | €1,800 | - |
| Current assets29/58 | €3.0m | €2.6m | €3.1m | €3.7m | €3.7m | ▼ 1.5% |
| Stocks and contracts in progress3 | €1.6m | €1.7m | €1.7m | €2.6m | €2.6m | ▼ 0.6% |
| Stocks30/36 | - | - | - | €2.6m | €2.6m | ▼ 0.6% |
| Amounts receivable within one year40/41 | €1.2m | €965,723 | €735,528 | €799,982 | €1.0m | ▲ 26.1% |
| Trade receivables40 | - | - | - | €551,074 | €834,945 | ▲ 51.5% |
| Other amounts receivable41 | - | - | - | €248,908 | €173,984 | ▼ 30.1% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €195,678 | €10,089 | €639,553 | €344,721 | €95,883 | ▼ 72.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,965 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €5.6m | €5.9m | €6.5m | €6.4m | ▼ 1.9% |
| Equity10/15 | €1.3m | €1.3m | €1.6m | €1.9m | €2.0m | ▲ 5.3% |
| Contributions10/11 | €642,273 | €642,273 | €642,273 | €642,273 | €642,273 | = |
| Capital10 | - | - | - | €642,273 | €642,273 | = |
| Issued capital100 | - | - | - | €642,273 | €642,273 | = |
| Reserves13 | €459,006 | €443,960 | €442,472 | €289,006 | €280,483 | ▼ 2.9% |
| Non-distributable reserves130/1 | - | - | - | €49,301 | €49,301 | = |
| Legal reserve130 | - | - | - | €49,301 | €49,301 | = |
| Tax-exempt reserves132 | - | - | - | €210,946 | €202,423 | ▼ 4.0% |
| Distributable reserves133 | - | - | - | €28,759 | €28,759 | = |
| Profit (loss) carried forward14 | €159,443 | €194,606 | €490,202 | €966,467 | €1.1m | ▲ 11.3% |
| Provisions and deferred taxes16 | €126,426 | €117,648 | €108,871 | €100,094 | €95,705 | ▼ 4.4% |
| Deferred taxes168 | - | - | - | €100,094 | €95,705 | ▼ 4.4% |
| Amounts payable17/49 | €4.7m | €4.2m | €4.2m | €4.5m | €4.3m | ▼ 4.8% |
| Amounts payable after more than one year17 | €1.6m | €1.5m | €1.3m | €1.2m | €1.4m | ▲ 12.1% |
| Financial debts170/4 | - | - | - | €1.2m | €1.4m | ▲ 12.1% |
| Amounts payable within one year42/48 | €3.1m | €2.7m | €2.9m | €3.2m | €2.9m | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €216,989 | €53,389 | ▼ 75.4% |
| Financial debts43 | - | - | - | €1.1m | €1.2m | ▲ 6.7% |
| Credit institutions430/8 | - | - | - | €1.1m | €1.2m | ▲ 6.7% |
| Trade debts44 | €1.3m | €892,594 | €1.1m | €1.3m | €1.1m | ▼ 15.3% |
| Suppliers440/4 | - | - | - | €1.3m | €1.1m | ▼ 15.3% |
| Taxes, remuneration and social security45 | - | - | - | €166,963 | €171,285 | ▲ 2.6% |
| Taxes450/3 | - | - | - | €137,558 | €140,837 | ▲ 2.4% |
| Remuneration and social security454/9 | - | - | - | €29,406 | €30,449 | ▲ 3.5% |
| Other amounts payable47/48 | - | - | - | €467,016 | €389,942 | ▼ 16.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,248 | €20,118 | €294,108 | €322,799 | €100,359 | ▼ 68.9% |
| + Depreciation and write-downs630 | €276,085 | €267,568 | €257,095 | €250,241 | €130,166 | ▼ 48.0% |
| Operating cash flow (approximation) | €364,333 | €287,686 | €551,202 | €573,040 | €230,526 | ▼ 59.8% |
| Investment in fixed assets (approximation) | - | -€91,177 | -€17,331 | -€246,568 | -€67,018 | ▲ 72.8% |
| Change in cash | - | -€185,589 | €629,464 | -€294,832 | -€248,838 | ▲ 15.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €322,799 ▲9.8%
Operating result €597,586, net result €322,799, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €20,118 ▼77.2%
Net result drops to €20,118, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 113 days late
2015
13-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 44 days late
2014
30-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
50%
Holdings 0
The accounts to 23-12-2022 list no holdings, and no other source names one.
According to the annual accounts to 23-12-2022 of BOBRUSH and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 435 EUR awarded · 435 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 435 EUR | 435 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
549300EHYXOQPMT70367