CHEMSYSTEMS
Annual accounts 2022
abbreviated format, filed on 14-07-2023, 17 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €740,000. Estimated: probably between €440,000 and €1.3m.
Balance sheet
balance sheet total €482,497 on 31-12-2022in euro
in euro
Staff
€61,335
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
482,497 | 378,495 | 468,513 | 258,203 | 11,899 | |
21/28 |
350,897 | 204,248 | 202,999 | 215,493 | 10,041 | |
21 |
324,037 | 197,449 | 198,243 | 207,382 | - | |
22/27 |
26,860 | 6,799 | 4,756 | 8,112 | 10,041 | |
23 |
2,730 | 3,675 | 163 | 1,144 | 2,124 | |
24 |
507 | 907 | 476 | 951 | - | |
25 |
23,622 | 2,217 | - | - | - | |
29/58 |
131,600 | 174,247 | 265,514 | 42,710 | 1,858 | |
29 |
102,425 | 100,417 | 100,000 | - | - | |
291 |
102,425 | 100,417 | 100,000 | - | - | |
40/41 |
- | 55,822 | 142,024 | 37,159 | 670 | |
40 |
- | 45,056 | 142,024 | 37,159 | - | |
41 |
- | 10,766 | - | - | 670 | |
54/58 |
26,677 | 15,622 | 22,906 | 5,383 | 1,020 | |
490/1 |
2,498 | 2,387 | 585 | 168 | 168 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
482,497 | 378,495 | 468,513 | 258,203 | 11,899 | |
10/15 |
188,265 | 20,969 | 18,291 | -4,771 | -4,503 | |
10/11 |
6,250 | 6,250 | 6,250 | 6,250 | 6,250 | |
100 |
- | - | - | 18,600 | 18,600 | |
101 |
- | - | - | 12,350 | 12,350 | |
13 |
182,015 | 14,719 | 12,041 | - | - | |
133 |
182,015 | 14,719 | 12,041 | - | - | |
14 |
- | - | - | -11,021 | -10,753 | |
17/49 |
294,232 | 357,526 | 450,222 | 262,974 | 16,402 | |
17 |
16,106 | 1,359 | 3,272 | 5,123 | 6,916 | |
170/4 |
16,106 | 1,359 | 3,272 | 5,123 | 6,916 | |
42/48 |
271,348 | 352,073 | 443,552 | 257,851 | 9,486 | |
42 |
6,309 | 1,912 | 1,852 | 1,793 | 1,736 | |
43 |
8,787 | 4,000 | - | - | - | |
430/8 |
8,787 | 4,000 | - | - | - | |
44 |
42,666 | 7,062 | 212,830 | 88,853 | 2,250 | |
440/4 |
42,666 | 7,062 | 212,830 | 88,853 | 2,250 | |
45 |
54,782 | 19,357 | 30,051 | 14,285 | - | |
450/3 |
30,752 | 3,136 | 26,893 | 9,018 | - | |
454/9 |
24,030 | 16,221 | 3,158 | 5,266 | - | |
47/48 |
158,804 | 319,742 | 198,820 | 152,920 | 5,500 | |
492/3 |
6,778 | 4,094 | 3,398 | - | - | |
| Income statement | ||||||
9900 |
313,818 | 106,182 | 65,327 | 53,862 | -8,140 | |
62 |
122,671 | 86,311 | 20,885 | 39,426 | - | |
630 |
17,725 | 14,677 | 14,384 | 14,271 | 2,400 | |
640/8 |
112 | 101 | 100 | 98 | - | |
9901 |
173,310 | 5,093 | 29,958 | 68 | -10,540 | |
75/76B |
2,047 | 2,008 | 417 | - | - | |
75 |
2,047 | 2,008 | 417 | - | - | |
65/66B |
8,062 | 4,525 | 4,075 | 336 | 213 | |
65 |
8,062 | 4,525 | 4,075 | 336 | 213 | |
9903 |
167,295 | 2,576 | 26,300 | -268 | -10,753 | |
67/77 |
- | -102 | 3,238 | - | - | |
9904 |
167,295 | 2,678 | 23,062 | -268 | -10,753 | |
9905 |
167,295 | 2,678 | 23,062 | -268 | -10,753 | |
| Appropriation of the result | ||||||
9906 |
167,295 | 2,678 | 12,041 | -11,021 | -10,753 | |
691/2 |
167,295 | 2,678 | 12,041 | - | - | |
6921 |
167,295 | 2,678 | 12,041 | - | - | |
| Social balance sheet | ||||||
9087 |
2 | 1.8 | 1 | 1 | - | |
Hours worked1013 |
3,416 | 2,605 | 632 | 1,349 | - | |
| Document | ||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 14-07-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00257374 | |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20098216 | |
| 31-12-2020 | abbreviated format | 16-07-2021 | 2021-35900144 | |
| 31-12-2019 | abbreviated format | 13-07-2020 | 2020-28700512 | |
| 31-12-2018 | micro format | 16-07-2019 | 2019-32800025 |
Subsidies and aid
Flemish government 2023, 1 entry, €3,000 awarded, €3,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| 191,035 | 19,770 | 44,343 | 14,338 | -8,140 | ||
| 185,020 | 17,355 | 37,447 | 14,003 | -8,353 | ||
| 164,374 | 15,926 | 1,890 | 219,723 | 12,441 | ||
| 11,055 | -7,284 | 17,523 | 4,363 | - | ||
| -139,748 | -177,825 | -178,038 | -215,141 | -7,628 | ||
| 39.0% | 5.5% | 3.9% | -1.8% | -37.8% | ||
| 0.48 | 0.49 | 0.60 | 0.17 | 0.20 | ||
| 1.56 | 17.05 | 24.61 | - | - | ||
| 88.9% | 12.8% | 126.1% | - | - | ||
| 34.7% | 0.7% | 4.9% | -0.1% | -90.4% | ||
| 23.70 | 4.37 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 2 | 2 |
| in full-time equivalents | 2 | 2 |
| 2 | 1.8 | |
| On a permanent contract | 2 | 2 |
| Joined | - | 1 |
| Left | - | 0 |
| Training hours | - | 3 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Securities and guarantees
on own assets and for others| Item | 2022 | 2021 |
|---|---|---|
| Debts secured on the company's own assets | - | €3,272 |
Source: notes to the 2021 to 2022 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2022 | 2021 |
|---|---|---|
| Tangible fixed assets | €25,514 | €5,426 |
| Intangible fixed assets | €138,860 | €10,500 |
| €17,725 | €14,677 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on CHEMSYSTEMS
The operating result for 2022 is 34 times that of 2021 and the highest since 2018. It is a recovery after the fall in 2021.
Debt's share of the balance-sheet total falls from 94.5% to 61.0%. Equity is higher and debt is lower.