CEPER
Open bankruptcyFinancials · financial year 2022, full format
Annual accounts 2022 filed on 27-07-2023 PDF all 5 filings
Turnover
≈ €1.4m
Estimated: probably between €1.0m and €2.3m
EBIT margin
Not included in this filing
Net result
-€278,102
2021 · €110,266
Working capital
-€164,145
2021 · €98,373
Trend over the years
2018 to 2022, 5 financial years
The operating result for 2022 is a loss of €269,428, after a profit of €165,126 in 2021. It is the lowest result since 2018.
Operating result-€269,428
2022
Net result-€278,102
2022
Total assets€360,128
2022
Equity-€227,841
2022
Debt€587,969
2022
Working capital-€164,145
2022
Return on assets (ROA)-77.2%
2022
Solvency-63.3%
2022
Current ratio0.67
2022
Staff (FTE)10.2
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€26,277-€32,104▲ 22.2%€3,044▼ 90.5%€165,126▲ 54×-€269,428
Net result€18,646-€20,636▲ 10.7%€12,645within the sector's middle half▼ 38.7%€110,266above the sector's middle half▲ 772%-€278,102below the sector's middle half
Equity€24,360-€44,997▲ 84.7%€57,642within the sector's middle half▲ 28.1%€50,260within the sector's middle half▼ 12.8%-€227,841below the sector's middle half
Total assets€279,239-€297,809▲ 6.7%€390,471within the sector's middle half▲ 31.1%€534,192within the sector's middle half▲ 36.8%€360,128within the sector's middle half▼ 32.6%
Debt€254,879-€252,813▼ 0.8%€332,829▲ 31.7%€483,932▲ 45.4%€587,969▲ 21.5%
Working capital-€69,960--€76,392▼ 9.2%€133,685within the sector's middle half€98,373within the sector's middle half▼ 26.4%-€164,145below the sector's middle half
Solvency8.7%-15.1%▲ 6.4pp14.8%within the sector's middle half▼ 0.3pp9.4%below the sector's middle half▼ 5.4pp-63.3%below the sector's middle half▼ 72.7pp
Current ratio0.27-0.37▲ 0.101.62within the sector's middle half▲ 1.251.25within the sector's middle half▼ 0.370.67below the sector's middle half▼ 0.58
Return on assets (ROA)6.7%-6.9%▲ 0.3pp3.2%within the sector's middle half▼ 3.7pp20.6%above the sector's middle half▲ 17.4pp-77.2%below the sector's middle half▼ 97.9pp
Staff (FTE)1-0.9▼ 10.0%4.2within the sector's middle half▲ 367%10.8within the sector's middle half▲ 157%10.2within the sector's middle half▼ 5.6%
above
within
below
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €360,059
Fixed assets
€28,986 ▼ 22.0%
Current assets
€331,073 ▼ 33.3%
Equity and liabilities
Equity-€227,841
Debt€587,969
Equity is negative. Debt (€587,969) exceeds the balance-sheet total (€360,128).
Key figures and ratios
EBITDA
-€257,245▼
2021 · €176,984
Cash flow
-€265,918▼
2021 · €122,124
Quick ratio
0.60▼
2021 · 1.16
Interest coverage
-28.56▼
2021 · 19.21
Debt ≤ 1 year
€495,219▲
2021 · €398,305
Debt > 1 year
€92,750▲
2021 · €85,627
Income taxes
€470▼
2021 · €46,316
Staff costs
€617,747▲
2021 · €553,369
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €553,369 | €617,747 | ▲ 11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €620 | €1,393 | €6,882 | €11,858 | €12,184 | ▲ 2.7% |
| Other operating charges640/8 | - | - | - | €5,314 | €5,498 | ▲ 3.5% |
| Gross operating margin9900 | €47,899 | €79,184 | €263,488 | €735,667 | €366,001 | ▼ 50.2% |
| Operating profit (loss)9901 | €26,277 | €32,104 | €3,044 | €165,126 | -€269,428 | - |
| Financial income75/76B | - | - | - | €668 | €804 | ▲ 20.4% |
| Recurring financial income75 | €21 | €0 | €136 | €668 | €804 | ▲ 20.4% |
| Financial charges65/66B | - | - | - | €9,213 | €9,007 | ▼ 2.2% |
| Recurring financial charges65 | €2,173 | €4,552 | €6,500 | €9,213 | €9,007 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €24,125 | €27,552 | €20,043 | €156,582 | -€277,632 | - |
| Income taxes67/77 | €5,479 | €6,916 | €7,398 | €46,316 | €470 | ▼ 99.0% |
| Profit (loss) for the period9904 | €18,646 | €20,636 | €12,645 | €110,266 | -€278,102 | - |
| Profit (loss) for the period to be appropriated9905 | €18,646 | €20,636 | €12,645 | €110,266 | -€278,102 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €279,239 | €297,809 | €390,471 | €534,192 | €360,128 | ▼ 32.6% |
| Formation expenses20 | €1,208 | €923 | €638 | €353 | €69 | ▼ 80.6% |
| Fixed assets21/28 | €252,544 | €252,178 | €40,666 | €37,161 | €28,986 | ▼ 22.0% |
| Intangible fixed assets21 | - | - | €160 | €0 | - | - |
| Tangible fixed assets22/27 | €2,544 | €2,178 | €33,992 | €30,641 | €22,460 | ▼ 26.7% |
| Land and buildings22 | - | - | - | €5,428 | €5,206 | ▼ 4.1% |
| Plant, machinery and equipment23 | - | - | - | €697 | €409 | ▼ 41.4% |
| Furniture and vehicles24 | - | - | - | €24,515 | €16,845 | ▼ 31.3% |
| Other tangible fixed assets26 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €250,000 | €250,000 | €6,515 | €6,521 | €6,526 | ▲ 0.1% |
| Current assets29/58 | €25,488 | €44,708 | €349,167 | €496,678 | €331,073 | ▼ 33.3% |
| Stocks and contracts in progress3 | - | - | €42,376 | €32,841 | €32,841 | = |
| Stocks30/36 | - | - | - | €32,841 | €32,841 | = |
| Amounts receivable within one year40/41 | €13,634 | €26,957 | €179,861 | €195,325 | €292,665 | ▲ 49.8% |
| Trade receivables40 | - | - | - | €191,367 | €289,587 | ▲ 51.3% |
| Other amounts receivable41 | - | - | - | €3,958 | €3,077 | ▼ 22.2% |
| Cash at bank and in hand54/58 | €11,195 | €17,751 | €121,473 | €263,677 | €3,795 | ▼ 98.6% |
| Deferred charges and accrued income490/1 | - | - | - | €4,834 | €1,773 | ▼ 63.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €279,239 | €297,809 | €390,471 | €534,192 | €360,128 | ▼ 32.6% |
| Equity10/15 | €24,360 | €44,997 | €57,642 | €50,260 | -€227,841 | - |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | = |
| Reserves13 | €932 | €932 | €932 | €932 | €932 | = |
| Non-distributable reserves130/1 | - | - | - | €932 | €932 | = |
| Reserves not available under the articles1311 | - | - | - | €932 | €932 | = |
| Profit (loss) carried forward14 | €3,428 | €24,064 | €36,709 | €29,328 | -€248,774 | - |
| Amounts payable17/49 | €254,879 | €252,813 | €332,829 | €483,932 | €587,969 | ▲ 21.5% |
| Amounts payable after more than one year17 | €159,432 | €131,713 | €117,348 | €85,627 | €92,750 | ▲ 8.3% |
| Financial debts170/4 | - | - | - | €85,627 | €92,750 | ▲ 8.3% |
| Amounts payable within one year42/48 | €95,447 | €121,100 | €215,481 | €398,305 | €495,219 | ▲ 24.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €35,414 | €51,802 | ▲ 46.3% |
| Trade debts44 | €296 | €34,114 | €112,030 | €169,914 | €173,214 | ▲ 1.9% |
| Suppliers440/4 | - | - | - | €169,914 | €173,214 | ▲ 1.9% |
| Taxes, remuneration and social security45 | - | - | - | €74,832 | €207,052 | ▲ 177% |
| Taxes450/3 | - | - | - | €36,379 | €51,830 | ▲ 42.5% |
| Remuneration and social security454/9 | - | - | - | €38,453 | €155,222 | ▲ 304% |
| Other amounts payable47/48 | - | - | - | €118,145 | €63,150 | ▼ 46.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,646 | €20,636 | €12,645 | €110,266 | -€278,102 | - |
| + Depreciation and write-downs630 | €620 | €1,393 | €6,882 | €11,858 | €12,184 | ▲ 2.7% |
| Operating cash flow (approximation) | €19,266 | €22,029 | €19,527 | €122,124 | -€265,918 | - |
| Investment in fixed assets (approximation) | - | -€1,028 | €204,630 | -€8,353 | -€4,008 | ▲ 52.0% |
| Change in cash | - | €6,556 | €103,722 | €142,205 | -€259,882 | - |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 27-07-2023 | 2023-00287883 | |
| 31-12-2021 | full format | 25-07-2022 | 2022-20218541 | |
| 31-12-2020 | full format | 18-08-2021 | 2021-52700547 | |
| 31-12-2019 | micro format | 24-09-2020 | 2020-55700533 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50300214 |