BRUCAIR IMPORT EXPORT
Open bankruptcyFinancials · financial year 2023, micro format
Equity
€42,007▲ 71.6%
2022 · €24,474
Total assets
€155,183▼ 29.0%
2022 · €218,460
Net result
€17,533
2022 · -€8,831
Working capital
€14,254▼ 38.9%
2022 · €23,320
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €12,239 after a loss of €8,823 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€12,239
2023
Net result€17,533
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€155,183
2023
Equity€42,007
2023
Debt€113,176
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€14,254
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€2,608-€10,245▲ 293%€16,563▲ 61.7%€13,647▼ 17.6%-€8,823€12,239
Net result€1,177-€9,737▲ 727%€16,165▲ 66.0%€12,958▼ 19.8%-€8,831€17,533
Equity-€5,556-€4,181€20,347▲ 387%€33,305▲ 63.7%€24,474▼ 26.5%€42,007▲ 71.6%
Total assets€277,768-€244,868▼ 11.8%€159,128▼ 35.0%€148,839▼ 6.5%€218,460▲ 46.8%€155,183▼ 29.0%
Debt€283,324-€240,686▼ 15.0%€138,781▼ 42.3%€115,535▼ 16.8%€193,986▲ 67.9%€113,176▼ 41.7%
Working capital-€3,177-€7,904€20,347▲ 157%€32,459▲ 59.5%€23,320▼ 28.2%€14,254▼ 38.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €155,183
Fixed assets
€27,753 ▲ 2,306%
Current assets
€127,430 ▼ 41.4%
Equity and liabilities €155,183
Equity
€42,007 ▲ 71.6%
Debt
€113,176 ▼ 41.7%
Debt's share of the balance-sheet total falls from 88.8% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,538
Cash flow
€30,833
Current ratio
1.13▲
2022 · 1.12
Quick ratio
0.52▲
2022 · 0.36
Debt to equity
2.69▼
2022 · 7.93
ROE
41.7%▲
2022 · -36.1%
ROA
11.3%▲
2022 · -4.0%
Debt ≤ 1 year
€113,176▼
2022 · €193,986
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 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,785 | €5,785 | - | €211 | - | €13,300 | - |
| Other operating charges640/8 | - | - | - | €768 | €2,580 | €4,418 | ▲ 71.2% |
| Gross operating margin9900 | €10,209 | €17,231 | €17,668 | €14,626 | -€6,243 | €29,956 | ▲ 580% |
| Operating profit (loss)9901 | €2,608 | €10,245 | €16,563 | €13,647 | -€8,823 | €12,239 | ▲ 239% |
| Financial income75/76B | - | - | - | - | - | €5,294 | - |
| Recurring financial income75 | - | - | - | - | - | €5,294 | - |
| Financial charges65/66B | - | - | - | €460 | €8 | - | - |
| Recurring financial charges65 | €1,431 | €508 | €179 | €460 | €8 | - | - |
| Profit (loss) for the period before taxes9903 | €1,177 | €9,737 | €16,384 | €13,187 | -€8,831 | €17,533 | ▲ 299% |
| Income taxes67/77 | - | - | €219 | €229 | - | - | - |
| Profit (loss) for the period9904 | €1,177 | €9,737 | €16,165 | €12,958 | -€8,831 | €17,533 | ▲ 299% |
| Profit (loss) for the period to be appropriated9905 | €1,177 | €9,737 | €16,165 | €12,958 | -€8,831 | €17,533 | ▲ 299% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €277,768 | €244,868 | €159,128 | €148,839 | €218,460 | €155,183 | ▼ 29.0% |
| Fixed assets21/28 | €5,785 | - | - | €846 | €1,154 | €27,753 | ▲ 2,306% |
| Tangible fixed assets22/27 | €5,785 | - | - | €846 | €1,154 | €27,753 | ▲ 2,306% |
| Furniture and vehicles24 | - | - | - | €846 | €1,154 | €27,753 | ▲ 2,306% |
| Current assets29/58 | €271,983 | €244,868 | €159,128 | €147,994 | €217,306 | €127,430 | ▼ 41.4% |
| Stocks and contracts in progress3 | €269,599 | €209,109 | €104,680 | €35,890 | €148,174 | €68,914 | ▼ 53.5% |
| Stocks30/36 | - | - | - | €35,890 | €148,174 | €68,914 | ▼ 53.5% |
| Amounts receivable within one year40/41 | €1,934 | €32,510 | €47,683 | €96,128 | €23,725 | €54,793 | ▲ 131% |
| Trade receivables40 | - | - | - | €67,700 | €3,100 | €27,863 | ▲ 799% |
| Other amounts receivable41 | - | - | - | €28,428 | €20,625 | €26,930 | ▲ 30.6% |
| Cash at bank and in hand54/58 | €252 | €3,050 | €6,567 | €15,777 | €45,208 | €3,525 | ▼ 92.2% |
| Deferred charges and accrued income490/1 | - | - | - | €199 | €199 | €199 | = |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €277,768 | €244,868 | €159,128 | €148,839 | €218,460 | €155,183 | ▼ 29.0% |
| Equity10/15 | -€5,556 | €4,181 | €20,347 | €33,305 | €24,474 | €42,007 | ▲ 71.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,558 | €2,558 | €2,558 | €2,558 | €2,558 | €2,558 | = |
| Non-distributable reserves130/1 | - | - | - | €2,558 | €2,558 | €2,558 | = |
| Reserves not available under the articles1311 | - | - | - | €2,558 | €2,558 | €2,558 | = |
| Profit (loss) carried forward14 | -€26,713 | -€16,976 | -€811 | €12,147 | €3,316 | €20,849 | ▲ 529% |
| Amounts payable17/49 | €283,324 | €240,686 | €138,781 | €115,535 | €193,986 | €113,176 | ▼ 41.7% |
| Amounts payable after more than one year17 | €8,163 | €3,722 | - | - | - | - | - |
| Amounts payable within one year42/48 | €275,160 | €236,964 | €138,781 | €115,535 | €193,986 | €113,176 | ▼ 41.7% |
| Trade debts44 | €50,123 | €20,661 | €18,081 | €13,605 | €86,235 | €73,727 | ▼ 14.5% |
| Suppliers440/4 | - | - | - | €13,605 | €86,235 | €73,727 | ▼ 14.5% |
| Taxes, remuneration and social security45 | - | - | - | €437 | €23,437 | €437 | ▼ 98.1% |
| Taxes450/3 | - | - | - | €437 | €437 | €437 | = |
| Remuneration and social security454/9 | - | - | - | - | €23,000 | - | - |
| Other amounts payable47/48 | - | - | - | €101,493 | €84,315 | €39,013 | ▼ 53.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,177 | €9,737 | €16,165 | €12,958 | -€8,831 | €17,533 | ▲ 299% |
| + Depreciation and write-downs630 | €5,785 | €5,785 | - | €211 | - | €13,300 | - |
| Operating cash flow (approximation) | €6,962 | €15,522 | €16,165 | €13,169 | -€8,831 | €30,833 | ▲ 449% |
| Investment in fixed assets (approximation) | - | - | - | - | -€308 | -€39,899 | ▼ 12,854% |
| Change in cash | - | €2,798 | €3,517 | €9,211 | €29,431 | -€41,684 | ▼ 242% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: not fully processed yet. The notices from June 2023 to September 2026 are still being read.