BUR&COL
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-04-2023, 115 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
115 d early
2021
137 d early
2020
61 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 82 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
EBIT margin
Not included in this filing
Net result
-€10,571
2021 · €743
Working capital
€21,958▼ 22.9%
2021 · €28,485
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
Turnover€0-
Operating result€3,227-€2,162▼ 33.0%€9,759▲ 351%€925▼ 90.5%-€10,508
Net result€2,529-€1,236▼ 51.2%€8,177▲ 562%€743▼ 90.9%-€10,571
Equity€17,330-€18,566▲ 7.1%€26,743▲ 44.0%€27,485▲ 2.8%€16,915▼ 38.5%
Total assets€27,338-€36,749▲ 34.4%€39,608▲ 7.8%€48,995▲ 23.7%€26,022▼ 46.9%
Debt€10,008-€18,183▲ 81.7%€12,865▼ 29.2%€21,510▲ 67.2%€5,264▼ 75.5%
Working capital€18,350-€20,366▲ 11.0%€27,693▲ 36.0%€28,485▲ 2.9%€21,958▼ 22.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €10,508 after €925 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €26,022
Equity
€16,915 ▼ 38.5%
Provisions
€3,843
Debt
€5,264 ▼ 75.5%
Debt's share of the balance-sheet total falls from 43.9% to 20.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
6.40▲
2021 · 2.39
Quick ratio
6.13▲
2021 · 2.32
Debt to equity
0.31
ROE
-62.5%▼
2021 · 2.7%
ROA
-40.6%▼
2021 · 1.5%
Debt ≤ 1 year
€4,064▼
2021 · €20,510
Income taxes
€0▼
2021 · €134
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €3,843 | - |
| Other operating charges640/8 | - | - | - | - | €348 | - |
| Gross operating margin9900 | €3,574 | €2,509 | €10,106 | €1,272 | -€6,317 | ▼ 596% |
| Operating profit (loss)9901 | €3,227 | €2,162 | €9,759 | €925 | -€10,508 | ▼ 1,236% |
| Recurring financial income75 | €9 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | - | €63 | - |
| Recurring financial charges65 | €78 | €368 | €122 | €48 | €63 | ▲ 31.3% |
| Profit (loss) for the period before taxes9903 | €3,178 | €1,794 | €9,636 | €877 | -€10,571 | ▼ 1,305% |
| Income taxes67/77 | €649 | €558 | €1,460 | €134 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €2,529 | €1,236 | €8,177 | €743 | -€10,571 | ▼ 1,524% |
| Profit (loss) for the period to be appropriated9905 | €2,529 | €1,236 | €8,177 | €743 | -€10,571 | ▼ 1,524% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,338 | €36,749 | €39,608 | €48,995 | €26,022 | ▼ 46.9% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €27,338 | €36,749 | €39,608 | €48,995 | €26,022 | ▼ 46.9% |
| Stocks and contracts in progress3 | €2,948 | €3,644 | €1,740 | €1,442 | €1,122 | ▼ 22.2% |
| Stocks30/36 | - | - | - | - | €1,122 | - |
| Amounts receivable within one year40/41 | €13,066 | €11,645 | €9,880 | €22,487 | €1,284 | ▼ 94.3% |
| Trade receivables40 | - | - | - | - | €0 | - |
| Other amounts receivable41 | - | - | - | - | €1,284 | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €12,659 | €21,460 | €27,988 | €25,067 | €23,616 | ▼ 5.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,338 | €36,749 | €39,608 | €48,995 | €26,022 | ▼ 46.9% |
| Equity10/15 | €17,330 | €18,566 | €26,743 | €27,485 | €16,915 | ▼ 38.5% |
| Contributions10/11 | €6,200 | €6,200 | - | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €9,270 | €10,506 | €18,683 | €19,425 | €8,855 | ▼ 54.4% |
| Provisions and deferred taxes16 | - | - | - | - | €3,843 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €3,843 | - |
| Other liabilities and charges164/5 | - | - | - | - | €3,843 | - |
| Amounts payable17/49 | €10,008 | €18,183 | €12,865 | €21,510 | €5,264 | ▼ 75.5% |
| Amounts payable within one year42/48 | €8,987 | €16,383 | €11,915 | €20,510 | €4,064 | ▼ 80.2% |
| Trade debts44 | €7,449 | €14,638 | €7,281 | €17,613 | €2,038 | ▼ 88.4% |
| Suppliers440/4 | - | - | - | - | €2,038 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0 | - |
| Taxes450/3 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | - | - | - | €2,026 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,200 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,529 | €1,236 | €8,177 | €743 | -€10,571 | ▼ 1,524% |
| + Depreciation and write-downs630 | €28 | - | - | - | - | - |
| Operating cash flow (approximation) | €2,558 | €1,236 | €8,177 | €743 | -€10,571 | ▼ 1,524% |
| Change in cash | - | €8,800 | €6,528 | -€2,921 | -€1,451 | ▲ 50.3% |
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
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€10,571
Net result drops to -€10,571, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.40
Current ratio from 2.39 to 6.40; short-term debt falls from €20,510 to €4,064.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €8,177 ▲562%
Operating result €9,759, net result €8,177, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
1 ownerChain of control
- PAPETERIE HARDUIN X. & E.
- BUR&COL
Highest known parent: PAPETERIE HARDUIN X. & E.. The sources do not say who stands above it.
Owners 1
-
99.46%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.