COMPTAXIS
InactiveFinancials · financial year 2023, micro format
2023 annual accounts filed late (29 days) Filed on 29 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00389929.
Equity
€234,288▲ 39.0%
2022 · €168,547
Total assets
€539,049▲ 114%
2022 · €252,319
Net result
€65,741▲ 3.1%
2022 · €63,775
Working capital
€175,410▲ 72.6%
2022 · €101,619
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result has risen four years in a row; 2023 is 4% above 2022 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€94,048
2023
Net result€65,741
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€539,049
2023
Equity€234,288
2023
Debt€304,762
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€175,410
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)1.2
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€2,077-€32,096€44,905▲ 39.9%€48,815▲ 8.7%€90,059▲ 84.5%€94,048▲ 4.4%
Net result-€8,685-€16,397€29,992▲ 82.9%€32,062▲ 6.9%€63,775▲ 98.9%€65,741▲ 3.1%
Equity€86,171-€102,568▲ 19.0%€117,560▲ 14.6%€122,622▲ 4.3%€168,547▲ 37.5%€234,288▲ 39.0%
Total assets€344,944-€355,787▲ 3.1%€313,177▼ 12.0%€282,008▼ 10.0%€252,319▼ 10.5%€539,049▲ 114%
Debt€258,773-€253,219▼ 2.1%€195,617▼ 22.7%€159,387▼ 18.5%€83,772▼ 47.4%€304,762▲ 264%
Working capital-€80,735-€30,691€60,761▲ 98.0%€59,060▼ 2.8%€101,619▲ 72.1%€175,410▲ 72.6%
Staff (FTE)1.5-1.2▼ 20.0%1.8▲ 50.0%2.2▲ 22.2%2.3▲ 4.5%1.2▼ 47.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €539,049
Fixed assets
€58,878 ▼ 24.0%
Current assets
€480,172 ▲ 175%
Equity and liabilities €539,049
Equity
€234,288 ▲ 39.0%
Debt
€304,762 ▲ 264%
Debt's share of the balance-sheet total rises from 33.2% to 56.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112,792▲
2022 · €110,177
Cash flow
€84,485▲
2022 · €83,893
Current ratio
1.58▼
2022 · 2.39
Debt to equity
1.30▲
2022 · 0.50
ROE
28.1%▼
2022 · 37.8%
ROA
12.2%▼
2022 · 25.3%
Interest coverage
95.67▲
2022 · 69.21
Debt ≤ 1 year
€304,762▲
2022 · €73,223
Income taxes
€27,189▲
2022 · €26,278
Staff costs
€51,307▼
2022 · €85,932
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €90,018 | €85,932 | €51,307 | ▼ 40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,358 | €74,419 | €51,075 | €20,094 | €20,118 | €18,744 | ▼ 6.8% |
| Other operating charges640/8 | - | - | - | €1,343 | €348 | €1,841 | ▲ 430% |
| Non-recurring operating charges66A | - | - | - | - | - | €4,851 | - |
| Gross operating margin9900 | €100,825 | €152,031 | €171,276 | €160,270 | €196,456 | €170,792 | ▼ 13.1% |
| Operating profit (loss)9901 | -€2,077 | €32,096 | €44,905 | €48,815 | €90,059 | €94,048 | ▲ 4.4% |
| Financial income75/76B | - | - | - | €23 | €1,586 | €61 | ▼ 96.2% |
| Recurring financial income75 | €7 | €257 | €29 | €23 | €1,586 | €61 | ▼ 96.2% |
| Financial charges65/66B | - | - | - | €1,620 | €1,592 | €1,179 | ▼ 25.9% |
| Recurring financial charges65 | €2,276 | €4,052 | €2,238 | €1,620 | €1,592 | €1,179 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | -€8,466 | €28,300 | €46,393 | €47,218 | €90,053 | €92,930 | ▲ 3.2% |
| Income taxes67/77 | €219 | €11,904 | €16,401 | €15,157 | €26,278 | €27,189 | ▲ 3.5% |
| Profit (loss) for the period9904 | -€8,685 | €16,397 | €29,992 | €32,062 | €63,775 | €65,741 | ▲ 3.1% |
| Profit (loss) for the period to be appropriated9905 | -€8,685 | €16,397 | €29,992 | €32,062 | €63,775 | €65,741 | ▲ 3.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €344,944 | €355,787 | €313,177 | €282,008 | €252,319 | €539,049 | ▲ 114% |
| Fixed assets21/28 | €173,898 | €161,055 | €116,585 | €97,040 | €77,476 | €58,878 | ▼ 24.0% |
| Intangible fixed assets21 | €162,583 | €153,162 | €104,216 | €87,668 | €71,120 | €54,572 | ▼ 23.3% |
| Tangible fixed assets22/27 | €9,750 | €7,893 | €12,285 | €9,287 | €6,271 | €4,305 | ▼ 31.4% |
| Furniture and vehicles24 | - | - | - | €7,781 | €4,980 | €4,305 | ▼ 13.6% |
| Other tangible fixed assets26 | - | - | - | €1,506 | €1,291 | - | - |
| Financial fixed assets28 | €1,565 | - | €85 | €85 | €85 | - | - |
| Current assets29/58 | €171,046 | €194,731 | €196,592 | €184,969 | €174,843 | €480,172 | ▲ 175% |
| Amounts receivable within one year40/41 | €162,357 | €180,841 | €168,552 | €159,736 | €152,455 | €394,798 | ▲ 159% |
| Trade receivables40 | - | - | - | €159,736 | €152,454 | €212,297 | ▲ 39.3% |
| Other amounts receivable41 | - | - | - | - | €1 | €182,501 | ▲ 144,842× |
| Cash at bank and in hand54/58 | €5,370 | €10,756 | €24,496 | €20,193 | €14,614 | €77,591 | ▲ 431% |
| Deferred charges and accrued income490/1 | - | - | - | €5,040 | €7,774 | €7,783 | ▲ 0.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €344,944 | €355,787 | €313,177 | €282,008 | €252,319 | €539,049 | ▲ 114% |
| Equity10/15 | €86,171 | €102,568 | €117,560 | €122,622 | €168,547 | €234,288 | ▲ 39.0% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €88,005 | €96,368 | €111,360 | €84,360 | €66,510 | €66,510 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €82,500 | €64,650 | €64,650 | = |
| Profit (loss) carried forward14 | -€8,034 | - | - | €32,062 | €95,837 | €161,578 | ▲ 68.6% |
| Amounts payable17/49 | €258,773 | €253,219 | €195,617 | €159,387 | €83,772 | €304,762 | ▲ 264% |
| Amounts payable after more than one year17 | €6,992 | €85,679 | €59,786 | €33,479 | €6,749 | - | - |
| Financial debts170/4 | - | - | - | €33,479 | €6,749 | - | - |
| Amounts payable within one year42/48 | €251,781 | €164,040 | €135,831 | €125,908 | €73,223 | €304,762 | ▲ 316% |
| Current portion of amounts payable after more than one year42 | - | - | - | €26,363 | €26,199 | €6,813 | ▼ 74.0% |
| Trade debts44 | €134,782 | €86,918 | €61,295 | €46,397 | €15,287 | €233,514 | ▲ 15× |
| Suppliers440/4 | - | - | - | €46,397 | €15,287 | €233,514 | ▲ 15× |
| Taxes, remuneration and social security45 | - | - | - | €27,924 | €31,738 | €64,436 | ▲ 103% |
| Taxes450/3 | - | - | - | €9,499 | €21,262 | €51,377 | ▲ 142% |
| Remuneration and social security454/9 | - | - | - | €18,425 | €10,476 | €13,059 | ▲ 24.7% |
| Other amounts payable47/48 | - | - | - | €25,224 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,800 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,685 | €16,397 | €29,992 | €32,062 | €63,775 | €65,741 | ▲ 3.1% |
| + Depreciation and write-downs630 | €64,358 | €74,419 | €51,075 | €20,094 | €20,118 | €18,744 | ▼ 6.8% |
| Operating cash flow (approximation) | €55,673 | €90,816 | €81,067 | €52,156 | €83,893 | €84,485 | ▲ 0.7% |
| Investment in fixed assets (approximation) | - | -€61,576 | -€6,605 | -€549 | -€554 | -€145 | ▲ 73.7% |
| Change in cash | - | €5,385 | €13,740 | -€4,303 | -€5,579 | €62,977 | - |
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 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 29-08-2024 | 2024-00389929 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00373778 |
| 31-12-2021 | micro format | 22-08-2022 | 2022-20301740 |
| 31-12-2020 | micro format | 30-06-2021 | 2021-27800590 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48100138 |
| 31-12-2018 | micro format | 06-08-2019 | 2019-44000383 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-54100311 |
| 31-12-2016 | micro format | 02-08-2017 | 2017-40500482 |
| 31-12-2015 | full format | 30-08-2016 | 2016-53000401 |
| 31-12-2014 | full format | 31-08-2015 | 2015-54500124 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.