COMGEN
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two 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 31-03-2024, 2 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
31-03-2024 close31-10-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 25-09-2023, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
36 d early
2022
34 d early
2021
38 d early
2020
33 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€332,522▲ 20.1%
2022 · €276,978
EBIT margin
6.0%▼ 1.6pp
2022 · 7.5%
Net result
€14,809▼ 5.8%
2022 · €15,714
Working capital
€104,689▲ 16.7%
2022 · €89,704
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€318,376-€304,100▼ 4.5%€314,562▲ 3.4%€276,978▼ 11.9%€332,522▲ 20.1%
Operating result€22,148-€16,750▼ 24.4%€15,440▼ 7.8%€20,844▲ 35.0%€19,864▼ 4.7%
Net result€23,691-€11,987▼ 49.4%€11,289▼ 5.8%€15,714▲ 39.2%€14,809▼ 5.8%
EBIT margin7.0%-5.5%▼ 1.4pp4.9%▼ 0.6pp7.5%▲ 2.6pp6.0%▼ 1.6pp
Equity€1.9m-€1.9m▲ 0.6%€1.9m▲ 0.6%€89,704▼ 95.2%€104,513▲ 16.5%
Total assets€1.9m-€1.9m▲ 0.3%€1.9m▲ 0.6%€138,571▼ 92.8%€153,674▲ 10.9%
Debt€70,142-€63,261▼ 9.8%€63,193▼ 0.1%€48,868▼ 22.7%€49,161▲ 0.6%
Working capital€1.9m-€1.9m▲ 0.7%€1.9m▲ 0.6%€89,704▼ 95.2%€104,689▲ 16.7%
Staff (FTE)9.7-11.7▲ 20.6%11.5▼ 1.7%9▼ 21.7%9.1▲ 1.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 5% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €153,674
Equity
€104,513 ▲ 16.5%
Debt
€49,161 ▲ 0.6%
Debt's share of the balance-sheet total falls from 35.3% to 32.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.14▲
2022 · 2.84
Debt to equity
0.47▼
2022 · 0.54
ROE
14.2%▼
2022 · 17.5%
ROA
9.6%▼
2022 · 11.3%
Debt ≤ 1 year
€48,985▲
2022 · €48,868
Income taxes
€5,594▼
2022 · €6,863
Staff costs
€252,510▲
2022 · €207,980
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 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €279,657 | €335,942 | ▲ 20.1% |
| Turnover70 | €318,376 | €304,100 | €314,562 | €276,978 | €332,522 | ▲ 20.1% |
| Other operating income74 | - | - | - | €2,679 | €3,420 | ▲ 27.6% |
| Operating charges60/66A | - | - | - | €258,814 | €316,078 | ▲ 22.1% |
| Services and other goods61 | - | - | - | €48,535 | €60,967 | ▲ 25.6% |
| Remuneration, social security and pensions62 | - | - | - | €207,980 | €252,510 | ▲ 21.4% |
| Other operating charges640/8 | - | - | - | €2,298 | €2,601 | ▲ 13.2% |
| Operating profit (loss)9901 | €22,148 | €16,750 | €15,440 | €20,844 | €19,864 | ▼ 4.7% |
| Financial income75/76B | - | - | - | €1,882 | €775 | ▼ 58.8% |
| Recurring financial income75 | €1,859 | €1,869 | €1,770 | €1,882 | €775 | ▼ 58.8% |
| Income from current assets751 | - | - | - | €1,882 | €775 | ▼ 58.8% |
| Financial charges65/66B | - | - | - | €149 | €236 | ▲ 58.2% |
| Recurring financial charges65 | €144 | €141 | €144 | €149 | €236 | ▲ 58.2% |
| Debt charges650 | - | - | €3 | €0 | €1 | ▲ 136% |
| Other financial charges652/9 | - | - | - | €149 | €236 | ▲ 58.1% |
| Profit (loss) for the period before taxes9903 | €23,863 | €18,479 | €17,065 | €22,577 | €20,403 | ▼ 9.6% |
| Income taxes67/77 | €172 | €6,492 | €5,776 | €6,863 | €5,594 | ▼ 18.5% |
| Taxes670/3 | - | - | - | €6,863 | €5,980 | ▼ 12.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €386 | - |
| Profit (loss) for the period9904 | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €138,571 | €153,674 | ▲ 10.9% |
| Current assets29/58 | €1.9m | €1.9m | €1.9m | €138,571 | €153,674 | ▲ 10.9% |
| Amounts receivable within one year40/41 | €30,887 | €45,380 | €44,534 | €45,893 | €11,660 | ▼ 74.6% |
| Trade receivables40 | - | - | - | €44,458 | €11,660 | ▼ 73.8% |
| Other amounts receivable41 | - | - | - | €1,435 | - | - |
| Cash at bank and in hand54/58 | €1.9m | €1.9m | €1.9m | €92,429 | €142,014 | ▲ 53.6% |
| Deferred charges and accrued income490/1 | - | - | - | €249 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €138,571 | €153,674 | ▲ 10.9% |
| Equity10/15 | €1.9m | €1.9m | €1.9m | €89,704 | €104,513 | ▲ 16.5% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €1.8m | €1.8m | €1.8m | €22,054 | €36,863 | ▲ 67.1% |
| Amounts payable17/49 | €70,142 | €63,261 | €63,193 | €48,868 | €49,161 | ▲ 0.6% |
| Amounts payable within one year42/48 | €70,013 | €62,966 | €62,912 | €48,868 | €48,985 | ▲ 0.2% |
| Trade debts44 | €4,548 | €4,304 | €7,795 | €12,417 | €4,237 | ▼ 65.9% |
| Suppliers440/4 | - | - | - | €12,417 | €4,237 | ▼ 65.9% |
| Taxes, remuneration and social security45 | - | - | - | €36,451 | €44,748 | ▲ 22.8% |
| Taxes450/3 | - | - | - | €724 | €660 | ▼ 8.8% |
| Remuneration and social security454/9 | - | - | - | €35,726 | €44,087 | ▲ 23.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €176 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Operating cash flow (approximation) | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Change in cash | - | -€9,387 | €12,068 | -€1.8m | €49,584 | ▲ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €100,000Eq €104,513 ▲16.5%
5 profitable years in a row build equity to €104,513.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Weakest financial yearnet €11,289 ▼5.8%
Net result drops to €11,289, the lowest in the series.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
22-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2010
01-06
State Gazette act
Business branch transfer · Accounting effect
Universalite transfer · Personnel transfer
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 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
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
Holdings 0
The accounts to 31-03-2023 list no holdings, and no other source names one.
According to the annual accounts to 31-03-2023 of COMGEN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.