COLORTEX
InactiveFinancials · financial year 2024, abbreviated format
Equity
€307,933▼ 4.2%
2023 · €321,538
Total assets
€308,120▼ 51.9%
2023 · €640,011
Net result
-€13,605▲ 87.9%
2023 · -€112,098
Working capital
€307,933▼ 47.2%
2023 · €583,429
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result stays negative: a loss of €13,368 in 2024 against €83,833 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2024
Net result-€0.01m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.3m
2024
Equity€0.3m
2024
Debt€187
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€0.05m-€0.07m▲ 56.9%€1.8m▲ 26×-€0.3m-€0.08m▲ 72.2%-€0.01m▲ 84.1%
Net result€0.01m-€0.03m▲ 150%€1.4m▲ 42×-€0.3m-€0.1m▲ 63.4%-€0.01m▲ 87.9%
Equity€0.4m-€0.2m▼ 43.9%€0.7m▲ 245%€0.4m▼ 41.4%€0.3m▼ 25.9%€0.3m▼ 4.2%
Total assets€1.1m-€1.0m▼ 7.9%€1.7m▲ 76.0%€1.0m▼ 43.9%€0.6m▼ 33.2%€0.3m▼ 51.9%
Debt€0.7m-€0.8m▲ 12.6%€1.0m▲ 28.2%€0.5m▼ 45.9%€0.3m▼ 39.3%€187▼ 99.9%
Working capital€0.4m-€0.02m▼ 94.5%€0.6m▲ 23×€0.7m▲ 14.1%€0.6m▼ 10.6%€0.3m▼ 47.2%
Staff (FTE)11.5-12.2▲ 6.1%10.3▼ 15.6%3.2▼ 68.9%0.8▼ 75.0%0▼ 100%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €308,120
Equity
€307,933 ▼ 4.2%
Debt
€187 ▼ 99.9%
Debt's share of the balance-sheet total falls from 49.8% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€13,368▲
2023 · -€83,555
Cash flow
-€13,605▲
2023 · -€111,820
Debt to equity
0.00▼
2023 · 0.99
ROE
-4.4%▲
2023 · -34.9%
ROA
-4.4%▲
2023 · -17.5%
Interest coverage
-31.78▼
2023 · -8.12
Debt ≤ 1 year
€187▼
2023 · €55,860
Debt > 1 year
€0▼
2023 · €258,318
Income taxes
€0▼
2023 · €556
Staff costs
€0▼
2023 · €11,995
A ratio outside any meaningful range has been withheld (balance sheet total €308,120, equity €307,933).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €0.001m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.01m | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.02m | €0.04m | €0.04m | €277 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €330 | €0.002m | €0.001m | ▼ 16.6% |
| Non-recurring operating charges66A | - | - | - | €0 | €0.02m | €322 | ▼ 98.5% |
| Gross operating margin9900 | €0.7m | €0.5m | €2.3m | -€0.2m | -€0.05m | -€0.01m | ▲ 76.3% |
| Operating profit (loss)9901 | €0.05m | €0.07m | €1.8m | -€0.3m | -€0.08m | -€0.01m | ▲ 84.1% |
| Financial income75/76B | - | - | - | €462 | €0.003m | €184 | ▼ 92.9% |
| Recurring financial income75 | €0.001m | €0.002m | €0.009m | €462 | €0.003m | €184 | ▼ 92.9% |
| Financial charges65/66B | - | - | - | €0.005m | €0.03m | €421 | ▼ 98.6% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.01m | €0.005m | €0.01m | €421 | ▼ 95.9% |
| Non-recurring financial charges66B | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.06m | €1.8m | -€0.3m | -€0.1m | -€0.01m | ▲ 87.8% |
| Income taxes67/77 | €0.01m | €0.02m | €0.5m | -€141 | €0.001m | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €0.01m | €0.03m | €1.4m | -€0.3m | -€0.1m | -€0.01m | ▲ 87.9% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.03m | €1.4m | -€0.3m | -€0.1m | -€0.01m | ▲ 87.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.1m | €1.0m | €1.7m | €1.0m | €0.6m | €0.3m | ▼ 51.9% |
| Fixed assets21/28 | €0.5m | €0.6m | €0.2m | €0.1m | €0.001m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.5m | €0.6m | €0.1m | €0.1m | €0.001m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.001m | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €0.02m | €0.02m | €0 | - | - |
| Current assets29/58 | €0.6m | €0.3m | €1.5m | €0.8m | €0.6m | €0.3m | ▼ 51.8% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - | - |
| Other amounts receivable291 | - | - | - | €0 | - | - | - |
| Stocks and contracts in progress3 | €0.07m | €0.07m | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.07m | €0.04m | €0.002m | ▼ 96.2% |
| Trade receivables40 | - | - | - | €0.02m | €0.004m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.04m | €0.002m | ▼ 95.8% |
| Cash at bank and in hand54/58 | €0.2m | €0.04m | €1.3m | €0.7m | €0.6m | €0.3m | ▼ 48.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.002m | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.7m | €1.0m | €0.6m | €0.3m | ▼ 51.9% |
| Equity10/15 | €0.4m | €0.2m | €0.7m | €0.4m | €0.3m | €0.3m | ▼ 4.2% |
| Contributions10/11 | €0.1m | - | - | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.07m | €0.6m | €0.3m | €0.2m | €0.2m | ▼ 7.9% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.2m | €0.1m | ▼ 8.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - | - |
| Amounts payable17/49 | €0.7m | €0.8m | €1.0m | €0.5m | €0.3m | €187 | ▼ 99.9% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0 | €0.4m | €0.3m | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €0.4m | €0.3m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €1.0m | €0.2m | €0.06m | €187 | ▼ 99.7% |
| Trade debts44 | €0.06m | €0.04m | €0.06m | €0.04m | €0.002m | €187 | ▼ 91.7% |
| Suppliers440/4 | - | - | - | €0.04m | €0.002m | €187 | ▼ 91.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.003m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €0.01m | €0.003m | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.05m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | €0.004m | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.03m | €1.4m | -€0.3m | -€0.1m | -€0.01m | ▲ 87.9% |
| + Depreciation and write-downs630 | €0.03m | €0.02m | €0.04m | €0.04m | €277 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €0.04m | €0.05m | €1.4m | -€0.3m | -€0.1m | -€0.01m | ▲ 87.8% |
| Investment in fixed assets (approximation) | - | -€0.2m | €0.4m | -€0.004m | €0.1m | €0.001m | ▼ 99.5% |
| Change in cash | - | -€0.2m | €1.3m | -€0.6m | -€0.1m | -€0.3m | ▼ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 19-06-2024 | abbreviated format | 05-08-2024 | 2024-00333404 |
| 30-09-2023 | abbreviated format | 19-02-2024 | 2024-00032323 |
| 30-09-2022 | abbreviated format | 24-04-2023 | 2023-00076005 |
| 30-09-2021 | abbreviated format | 11-01-2022 | 2022-00800496 |
| 30-09-2020 | abbreviated format | 26-04-2021 | 2021-11300312 |
| 30-09-2019 | abbreviated format | 27-04-2020 | 2020-10100121 |
| 30-09-2018 | abbreviated format | 30-04-2019 | 2019-11500261 |
| 30-09-2017 | abbreviated format | 30-04-2018 | 2018-11700077 |
| 30-09-2016 | abbreviated format | 28-04-2017 | 2017-10700047 |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-08300290 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.