COMMOL
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 · 5 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 · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
36 d early
2022
40 d early
2021
38 d early
2020
33 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 35 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
€427,710▲ 24.8%
2022 · €342,592
EBIT margin
5.7%▼ 1.3pp
2022 · 7.0%
Net result
€17,759▲ 5.5%
2022 · €16,836
Working capital
€122,753▲ 16.9%
2022 · €104,971
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€54,130-€383,550▲ 609%€344,341▼ 10.2%€342,592▼ 0.5%€427,710▲ 24.8%
Operating result-€4,056-€21,058€23,502▲ 11.6%€23,882▲ 1.6%€24,174▲ 1.2%
Net result-€4,358-€14,770€16,152▲ 9.4%€16,836▲ 4.2%€17,759▲ 5.5%
EBIT margin-7.5%-5.5%▲ 13.0pp6.8%▲ 1.3pp7.0%▲ 0.1pp5.7%▼ 1.3pp
Equity€57,142-€71,913▲ 25.8%€88,065▲ 22.5%€104,901▲ 19.1%€122,660▲ 16.9%
Total assets€125,583-€163,446▲ 30.2%€134,987▼ 17.4%€170,466▲ 26.3%€192,926▲ 13.2%
Debt€68,440-€91,534▲ 33.7%€46,922▼ 48.7%€65,565▲ 39.7%€70,266▲ 7.2%
Working capital€57,194-€72,633▲ 27.0%€88,548▲ 21.9%€104,971▲ 18.5%€122,753▲ 16.9%
Staff (FTE)7.7-10.2▲ 32.5%9.3▼ 8.8%8.5▼ 8.6%10.3▲ 21.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 1% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €192,926
Equity
€122,660 ▲ 16.9%
Debt
€70,266 ▲ 7.2%
Debt's share of the balance-sheet total falls from 38.5% to 36.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.75▲
2022 · 2.60
Debt to equity
0.57▼
2022 · 0.63
ROE
14.5%▼
2022 · 16.0%
ROA
9.2%▼
2022 · 9.9%
Debt ≤ 1 year
€70,173▲
2022 · €65,495
Income taxes
€7,131▲
2022 · €6,976
Staff costs
€342,563▲
2022 · €282,870
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 | - | - | - | €344,025 | €433,294 | ▲ 25.9% |
| Turnover70 | €54,130 | €383,550 | €344,341 | €342,592 | €427,710 | ▲ 24.8% |
| Other operating income74 | - | - | - | €1,433 | €5,584 | ▲ 290% |
| Operating charges60/66A | - | - | - | €320,143 | €409,119 | ▲ 27.8% |
| Services and other goods61 | - | - | - | €35,736 | €64,980 | ▲ 81.8% |
| Remuneration, social security and pensions62 | - | - | - | €282,870 | €342,563 | ▲ 21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€2,860 | - |
| Other operating charges640/8 | - | - | - | €1,538 | €4,436 | ▲ 189% |
| Operating profit (loss)9901 | -€4,056 | €21,058 | €23,502 | €23,882 | €24,174 | ▲ 1.2% |
| Financial income75/76B | - | - | - | €79 | €953 | ▲ 1,100% |
| Recurring financial income75 | €68 | €71 | €81 | €79 | €953 | ▲ 1,100% |
| Income from current assets751 | - | - | - | €79 | €953 | ▲ 1,100% |
| Financial charges65/66B | - | - | - | €149 | €237 | ▲ 59.1% |
| Recurring financial charges65 | €359 | €184 | €169 | €149 | €237 | ▲ 59.1% |
| Debt charges650 | - | - | €4 | - | €0 | - |
| Other financial charges652/9 | - | - | - | €149 | €237 | ▲ 59.1% |
| Profit (loss) for the period before taxes9903 | -€4,347 | €20,945 | €23,413 | €23,812 | €24,890 | ▲ 4.5% |
| Income taxes67/77 | €11 | €6,175 | €7,261 | €6,976 | €7,131 | ▲ 2.2% |
| Taxes670/3 | - | - | - | €6,976 | €7,304 | ▲ 4.7% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €173 | - |
| Profit (loss) for the period9904 | -€4,358 | €14,770 | €16,152 | €16,836 | €17,759 | ▲ 5.5% |
| Profit (loss) for the period to be appropriated9905 | -€4,358 | €14,770 | €16,152 | €16,836 | €17,759 | ▲ 5.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,583 | €163,446 | €134,987 | €170,466 | €192,926 | ▲ 13.2% |
| Current assets29/58 | €125,583 | €163,446 | €134,987 | €170,466 | €192,926 | ▲ 13.2% |
| Amounts receivable within one year40/41 | €56,985 | €66,858 | €53,075 | €76,122 | €22,809 | ▼ 70.0% |
| Trade receivables40 | - | - | - | €75,482 | €22,790 | ▼ 69.8% |
| Other amounts receivable41 | - | - | - | €640 | €19 | ▼ 97.1% |
| Cash at bank and in hand54/58 | €68,597 | €96,174 | €79,248 | €92,605 | €168,628 | ▲ 82.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,740 | €1,489 | ▼ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,583 | €163,446 | €134,987 | €170,466 | €192,926 | ▲ 13.2% |
| Equity10/15 | €57,142 | €71,913 | €88,065 | €104,901 | €122,660 | ▲ 16.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | - | €521 | €1,328 | €2,170 | €3,058 | ▲ 40.9% |
| Non-distributable reserves130/1 | - | - | - | €2,170 | €3,058 | ▲ 40.9% |
| Legal reserve130 | - | - | - | €2,170 | €3,058 | ▲ 40.9% |
| Profit (loss) carried forward14 | -€4,358 | €9,892 | €25,237 | €41,231 | €58,102 | ▲ 40.9% |
| Amounts payable17/49 | €68,440 | €91,534 | €46,922 | €65,565 | €70,266 | ▲ 7.2% |
| Amounts payable within one year42/48 | €68,389 | €90,814 | €46,439 | €65,495 | €70,173 | ▲ 7.1% |
| Trade debts44 | €14,001 | €5,510 | €8,979 | €11,326 | €4,264 | ▼ 62.3% |
| Suppliers440/4 | - | - | - | €11,326 | €4,264 | ▼ 62.3% |
| Taxes, remuneration and social security45 | - | - | - | €54,169 | €65,908 | ▲ 21.7% |
| Taxes450/3 | - | - | - | €1,210 | €1,167 | ▼ 3.6% |
| Remuneration and social security454/9 | - | - | - | €52,959 | €64,741 | ▲ 22.2% |
| Accrued charges and deferred income492/3 | - | - | - | €70 | €93 | ▲ 33.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,358 | €14,770 | €16,152 | €16,836 | €17,759 | ▲ 5.5% |
| Operating cash flow (approximation) | -€4,358 | €14,770 | €16,152 | €16,836 | €17,759 | ▲ 5.5% |
| Change in cash | - | €27,577 | -€16,926 | €13,357 | €76,023 | ▲ 469% |
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
Highest result since 2019net €17,759 ▲5.5%
Operating result €24,174, net result €17,759, both a record.
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Equity above €100,000Eq €104,901 ▲19.1%
3 profitable years in a row build equity to €104,901.
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Back to profitnet €14,770
Net result €14,770 after one loss-making year.
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB 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
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 COMMOL 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.