CONCERN
Annual accounts 2023
micro format, filed on 28-08-2024, 28 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €93,000 and €280,000.
Balance sheet
balance sheet total €152,846 on 31-12-2023in euro
in euro
Staff
€40,927
Staff costs divided by the average number of full-time equivalents.
16 hours per contract
In 2023, 146 short contracts started and 147 ended, on average 16 hours worked per contract. Staff averaged 1.1 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
152,846 | 177,251 | 108,593 | |
20 |
- | 364 | 1,230 | |
21/28 |
35,189 | 6,501 | 1,843 | |
22/27 |
29,489 | 6,501 | 1,843 | |
23 |
2,108 | 2,074 | 720 | |
24 |
26,399 | 4,427 | 1,123 | |
26 |
982 | - | - | |
28 |
5,700 | - | - | |
29/58 |
117,657 | 170,386 | 105,520 | |
3 |
3,061 | 2,500 | 2,500 | |
30/36 |
3,061 | 2,500 | 2,500 | |
40/41 |
107,117 | 144,023 | 83,392 | |
40 |
24,213 | 10,387 | 13,523 | |
41 |
82,904 | 133,636 | 69,870 | |
54/58 |
7,087 | 23,707 | 18,685 | |
490/1 |
392 | 156 | 942 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
152,846 | 177,251 | 108,593 | |
10/15 |
102,067 | 114,266 | 70,001 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
97,067 | 109,266 | 65,001 | |
17/49 |
50,779 | 62,985 | 38,592 | |
42/48 |
50,779 | 62,985 | 38,592 | |
44 |
9,619 | 10,446 | - | |
440/4 |
9,619 | 10,446 | - | |
45 |
41,160 | 35,039 | 17,063 | |
450/3 |
34,803 | 34,033 | 17,063 | |
454/9 |
6,357 | 1,006 | - | |
47/48 |
- | 17,500 | 21,529 | |
| Income statement | ||||
9900 |
38,413 | 83,789 | 109,833 | |
62 |
45,020 | 4,919 | 2,538 | |
630 |
4,428 | 2,901 | 1,586 | |
640/8 |
1,019 | 2,000 | 1,856 | |
9901 |
-12,053 | 73,969 | 103,853 | |
75/76B |
3,097 | 1,855 | 952 | |
75 |
3,097 | 1,855 | 952 | |
65/66B |
3,120 | 1,601 | 1,212 | |
65 |
3,120 | 1,601 | 1,212 | |
9903 |
-12,076 | 74,223 | 103,593 | |
67/77 |
123 | 12,458 | 17,063 | |
9904 |
-12,200 | 61,765 | 86,530 | |
9905 |
-12,200 | 61,765 | 86,530 | |
| Appropriation of the result | ||||
9906 |
97,067 | 126,766 | 86,530 | |
14P |
109,266 | 65,001 | - | |
694/7 |
- | 17,500 | 21,529 | |
695 |
- | 17,500 | 21,529 | |
| Social balance sheet | ||||
9087 |
1.1 | - | - | |
Hours worked1013 |
2,341 | - | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 28-08-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 28 days after the deadline. Filed on 28 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00413861.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| -7,626 | 76,871 | 105,439 | ||
| -7,772 | 64,667 | 88,116 | ||
| 36,752 | 6,693 | 2,059 | ||
| -16,620 | 5,021 | - | ||
| 66,877 | 107,402 | 66,928 | ||
| 66.8% | 64.5% | 64.5% | ||
| 2.32 | 2.71 | 2.73 | ||
| 2.26 | 2.67 | 2.67 | ||
| 0.50 | 0.55 | 0.55 | ||
| -12.0% | 54.1% | 123.6% | ||
| -8.0% | 34.8% | 79.7% | ||
| -2.44 | 48.02 | 87.00 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| part-time | 1 | - |
| in full-time equivalents | 0.3 | - |
| 1.1 | - | |
| On a permanent contract | 1 | - |
| Joined | 146 | - |
| Left | 147 | - |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €31,052 | €6,693 | €2,059 |
| Financial fixed assets | €5,700 | - | - |
| €4,428 | €2,901 | €1,586 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on CONCERN
The operating result for 2023 is a loss of €12,053, after a profit of €73,969 in 2022. It is the lowest result since 2021.
Debt's share of the balance-sheet total falls from 35.5% to 33.2%. Equity and debt are lower.