CODEIS
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Three 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 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 26-07-2023, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
5 d early
2021
31 d late
2020
40 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
€1.52M
EBIT margin
5.7%
Net result
€1k
2021 · €-50k
2018: €55k
2020: €-96k
2021: €-50k
2018 → 2022
Working capital
€-109k▲ 12.8%
2021 · €-125k
2018: €41k
2020: €-109k
2021: €-125k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018202020212022Trend
Turnover€1.52M-
Equity€153k-€-38k€-88k▼ 132%€-86k▲ 1.6%
Operating result€87k-€-90k€-42k▲ 53.3%€13k
Net result€55k-€-96k€-50k▲ 48.1%€1k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €13k after a loss of €42k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €467k
Fixed assets
€203k▲ 8.0%
Current assets
€265k▲ 60.6%
Key figures and ratios
EBITDA
€85k▲
2021 · €23k
Cash flow
€73k▲
2021 · €15k
Solvency
-18.5%▲
2021 · -24.9%
Current ratio
0.71▲
2021 · 0.57
Quick ratio
0.60▲
2021 · 0.45
Debt / equity
-6.41▼
2021 · -5.02
ROA
0.3%▲
2021 · -14.2%
Interest coverage
6.19▲
2021 · 2.77
Debt
€554k▲
2021 · €440k
Debt ≤ 1 year
€373k▲
2021 · €289k
Debt > 1 year
€180k▲
2021 · €151k
Staff costs
€252k▲
2021 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€352k€467k▲
Fixed assets21/28€188k€203k▲
Intangible fixed assets21€68k€45k▼
Tangible fixed assets22/27€119k€157k▲
Plant, machinery and equipment23€98k€82k▼
Furniture and vehicles24€8k€4k▼
Leasing and similar rights25-€60k
Other tangible fixed assets26€14k€11k▼
Current assets29/58€165k€265k▲
Stocks and contracts in progress3€35k€39k▲
Stocks30/36€35k€39k▲
Amounts receivable within one year40/41€41k€97k▲
Trade receivables40€27k€97k▲
Other amounts receivable41€14k€0▼
Cash at bank and in hand54/58€80k€124k▲
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€352k€467k▲
Equity10/15€-88k€-86k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-96k€-95k▲
Amounts payable17/49€440k€554k▲
Amounts payable after more than one year17€151k€180k▲
Financial debts170/4€36k€65k▲
Other amounts payable178/9€115k€115k=
Amounts payable within one year42/48€289k€373k▲
Current portion of amounts payable after more than one year42€8k€22k▲
Trade debts44€227k€247k▲
Suppliers440/4€227k€247k▲
Taxes, remuneration and social security45€24k€42k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€23k€39k▲
Other amounts payable47/48€31k€62k▲
Income statement
Code20212022
Remuneration, social security and pensions62€167k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€72k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€0▼
Other operating charges640/8€9k€9k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€213k€345k▲
Operating profit (loss)9901€-42k€13k▲
Financial income75/76B€419€2k▲
Recurring financial income75€419€2k▲
Financial charges65/66B€8k€14k▲
Recurring financial charges65€8k€14k▲
Profit (loss) for the period before taxes9903€-50k€1k▲
Profit (loss) for the period9904€-50k€1k▲
Profit (loss) for the period to be appropriated9905€-50k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-95k▲
Profit (loss) brought forward from the previous period14P€-46k€-96k▼
Social balance
Average headcount (FTE)90876.27.3▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
15-06
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 40 days late
2020
31-12
Financial
Weakest financial yearnet €-96k ▼275%
Net result drops to €-96k, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
Acquisitions and mergers
1 transactionTaken over by:OD Tandartsen