CHAILI
InactiveFinancials · financial year 2023, full format
2023 annual accounts filed 5 days after the deadline Filed on 5 September 2023, deadline 31 August 2023 (7 months after the close on 31 January 2023, Companies Code art. 3:10). Source: NBB, 2023-00438416.
Annual accounts 2023 filed on 05-09-2023 PDF all 5 filings
Turnover
≈ €850,000
Estimated: probably between €510,000 and €1.4m
EBIT margin
Not included in this filing
Net result
€66,035
2022 · -€13,091
Working capital
€9,072
2022 · -€67,564
Multi-year overview
2019 to 2023, 5 financial yearsOperating result
€72,895
2023
20192023
Net result
€66,035
2023
20192023
Equity
€43,469
2023
20192023
Total assets
€552,847
▲ 9.2%
2023
20192023
Debt
€509,378
▼ 3.7%
2023
20192023
Working capital
€9,072
2023
20192023
Staff (FTE)
6.9
2023
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result-€5,283--€475▲ 91.0%-€56,032▼ 11,690%-€6,759▲ 87.9%€72,895
Net result-€13,314--€5,579▲ 58.1%-€52,582▼ 842%-€13,091▲ 75.1%€66,035
Equity€48,686-€43,106▼ 11.5%-€9,475-€22,566▼ 138%€43,469
Total assets€457,795-€383,449▼ 16.2%€332,725▼ 13.2%€506,109▲ 52.1%€552,847▲ 9.2%
Debt€409,109-€340,343▼ 16.8%€342,200▲ 0.5%€528,675▲ 54.5%€509,378▼ 3.7%
Working capital€11,635-€531▼ 95.4%-€11,062-€67,564▼ 511%€9,072
Staff (FTE)2-3▲ 50.0%4▲ 33.3%6.9
The operating result for 2023 is a profit of €72,895, after a loss of €6,759 in 2022. It is the highest result since 2019.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €552,847
Fixed assets
€39,323 ▼ 62.2%
Current assets
€513,524 ▲ 27.7%
Equity and liabilities €552,847
Equity
€43,469
Debt
€509,378
Debt's share of the balance-sheet total is 92.1%.
Key figures and ratios
EBITDA
€137,648▲
2022 · €49,377
Cash flow
€130,788▲
2022 · €43,046
Current ratio
1.02▲
2022 · 0.86
Quick ratio
0.49▲
2022 · 0.16
Debt to equity
11.72
ROE
151.9%
ROA
11.9%▲
2022 · -2.6%
Interest coverage
20.06▲
2022 · 7.80
Debt ≤ 1 year
€504,452▲
2022 · €469,597
Debt > 1 year
€4,926▼
2022 · €56,954
Staff costs
€220,356▲
2022 · €155,251
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-01-2023 |
|---|---|
| Employees at the balance-sheet date | 7 |
| full-time | 4 |
| part-time | 3 |
| in full-time equivalents | 5.9 |
| Average over the year, in full-time equivalents | 6.9 |
| On a permanent contract | 7 |
| Joined | 0 |
| Left | 2 |
Source: social balance sheet in the 2023 annual accounts
Overdue debts
| Item | 31-01-2022 | 31-01-2023 |
|---|---|---|
| Overdue tax debts | - | €105,338 |
| Overdue social security (RSZ) debts | - | €18,942 |
Source: notes to the 2022 to 2023 annual accounts (statement of debts)
Securities and guarantees
| Item | 31-01-2022 | 31-01-2023 |
|---|---|---|
| Debts secured on the company's own assets | - | €56,281 |
Source: notes to the 2022 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-01-2022 | 31-01-2023 |
|---|---|---|
| Tangible fixed assets | €15,500 | - |
| Intangible fixed assets | €25,000 | - |
| Financial fixed assets | €10,500 | - |
| Depreciation and write-downs of the year | €56,136 | €64,753 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €155,251 | €220,356 | ▲ 41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,721 | €53,553 | €53,553 | €56,136 | €64,753 | ▲ 15.3% |
| Other operating charges640/8 | - | - | - | €3,048 | €1,231 | ▼ 59.6% |
| Gross operating margin9900 | €126,436 | €161,172 | €56,212 | €207,677 | €359,235 | ▲ 73.0% |
| Operating profit (loss)9901 | -€5,283 | -€475 | -€56,032 | -€6,759 | €72,895 | - |
| Recurring financial income75 | - | - | €8,750 | - | - | - |
| Financial charges65/66B | - | - | - | €6,332 | €6,860 | ▲ 8.3% |
| Recurring financial charges65 | €8,031 | €6,693 | €5,300 | €6,332 | €6,860 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | -€13,314 | -€5,579 | -€52,582 | -€13,091 | €66,035 | - |
| Profit (loss) for the period9904 | -€13,314 | -€5,579 | -€52,582 | -€13,091 | €66,035 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,314 | -€5,579 | -€52,582 | -€13,091 | €66,035 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €457,795 | €383,449 | €332,725 | €506,109 | €552,847 | ▲ 9.2% |
| Fixed assets21/28 | €206,886 | €162,766 | €109,213 | €104,076 | €39,323 | ▼ 62.2% |
| Intangible fixed assets21 | - | - | - | €23,708 | €18,708 | ▼ 21.1% |
| Tangible fixed assets22/27 | €206,886 | €162,491 | €108,938 | €69,593 | €9,840 | ▼ 85.9% |
| Other tangible fixed assets26 | - | - | - | €69,593 | €9,840 | ▼ 85.9% |
| Financial fixed assets28 | - | €275 | €275 | €10,775 | €10,775 | = |
| Current assets29/58 | €250,909 | €220,683 | €223,512 | €402,033 | €513,524 | ▲ 27.7% |
| Stocks and contracts in progress3 | €195,573 | €197,256 | €152,446 | €325,968 | €268,612 | ▼ 17.6% |
| Stocks30/36 | - | - | - | €325,968 | €268,612 | ▼ 17.6% |
| Amounts receivable within one year40/41 | €28,716 | €1,280 | €24,739 | €50,217 | €2,884 | ▼ 94.3% |
| Other amounts receivable41 | - | - | - | €50,217 | €2,884 | ▼ 94.3% |
| Cash at bank and in hand54/58 | €8,327 | €4,850 | €23,719 | €25,847 | €239,392 | ▲ 826% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,635 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €457,795 | €383,449 | €332,725 | €506,109 | €552,847 | ▲ 9.2% |
| Equity10/15 | €48,686 | €43,106 | -€9,475 | -€22,566 | €43,469 | - |
| Contributions10/11 | €62,000 | €62,000 | - | €62,000 | €62,000 | = |
| Capital10 | - | - | - | - | €62,000 | - |
| Issued capital100 | - | - | - | - | €62,000 | - |
| Profit (loss) carried forward14 | -€13,314 | -€18,894 | -€71,475 | -€84,566 | -€18,531 | ▲ 78.1% |
| Amounts payable17/49 | €409,109 | €340,343 | €342,200 | €528,675 | €509,378 | ▼ 3.7% |
| Amounts payable after more than one year17 | €169,834 | €120,191 | €107,626 | €56,954 | €4,926 | ▼ 91.4% |
| Financial debts170/4 | - | - | - | €56,954 | €4,926 | ▼ 91.4% |
| Amounts payable within one year42/48 | €239,275 | €220,152 | €234,574 | €469,597 | €504,452 | ▲ 7.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €50,221 | €51,356 | ▲ 2.3% |
| Trade debts44 | €189,722 | €157,892 | €176,871 | €343,556 | €296,939 | ▼ 13.6% |
| Suppliers440/4 | - | - | - | €343,556 | €296,939 | ▼ 13.6% |
| Taxes, remuneration and social security45 | - | - | - | €75,819 | €156,158 | ▲ 106% |
| Taxes450/3 | - | - | - | €44,111 | €105,961 | ▲ 140% |
| Remuneration and social security454/9 | - | - | - | €31,708 | €50,197 | ▲ 58.3% |
| Accrued charges and deferred income492/3 | - | - | - | €2,124 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,314 | -€5,579 | -€52,582 | -€13,091 | €66,035 | - |
| + Depreciation and write-downs630 | €51,721 | €53,553 | €53,553 | €56,136 | €64,753 | ▲ 15.3% |
| Operating cash flow (approximation) | €38,407 | €47,974 | €971 | €43,046 | €130,788 | ▲ 204% |
| Investment in fixed assets (approximation) | - | -€9,433 | €0 | -€51,000 | €0 | - |
| Change in cash | - | -€3,477 | €18,869 | €2,129 | €213,545 | ▲ 100× |
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 |
|---|---|---|---|---|
| 31-01-2023 | full format | 05-09-2023 | 2023-00438416 | |
| 31-01-2022 | micro format | 29-09-2022 | 2022-20440079 | |
| 31-01-2021 | micro format | 28-09-2021 | 2021-69400160 | |
| 31-01-2020 | micro format | 29-11-2020 | 2020-74600223 | |
| 31-01-2019 | micro format | 23-10-2019 | 2019-71500024 |