COPPER BEECH
InactiveFinancials · financial year 2021, abbreviated format
2021 annual accounts filed 25 days after the deadline Filed on 25 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20325240.
Annual accounts 2021 filed on 25-08-2022 PDF all 45 filings
Equity
€65,251▼ 17.3%
2020 · €78,892
Total assets
€501,251▼ 1.2%
2020 · €507,298
Net result
-€13,641▼ 19.8%
2020 · -€11,384
Working capital
-€8,064▼ 480%
2020 · -€1,389
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result for 2021 is a loss of €4,198, larger than the loss of €3,241 in 2020.
Operating result-€0.004m
2021
Net result-€0.01m
2021
Total assets€0.5m
2021
Equity€0.07m
2021
Debt€0.4m
2021
Working capital-€0.008m
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€0.01m--€0.001m▲ 87.2%-€0.003m▼ 136%-€0.004m▼ 29.5%
Net result-€263-€0.004m-€0.01m-€0.01m▼ 19.8%
Equity€1.1m-€0.09m▼ 92.0%€0.08m▼ 12.6%€0.07m▼ 17.3%
Total assets€1.1m-€0.6m▼ 48.3%€0.5m▼ 14.2%€0.5m▼ 1.2%
Debt€0.02m-€0.5m▲ 28×€0.4m▼ 14.5%€0.4m▲ 1.8%
Working capital€0.6m--€0.4m-€0.001m▲ 99.7%-€0.008m▼ 480%
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €501,251
Fixed assets
€500,000 =
Current assets
€1,251 ▼ 82.9%
Equity and liabilities €501,251
Equity
€65,251 ▼ 17.3%
Debt
€436,000 ▲ 1.8%
Debt's share of the balance-sheet total rises from 84.4% to 87.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.13▼
2020 · 0.84
Debt to equity
6.68▲
2020 · 5.32
ROE
-20.9%▼
2020 · -14.4%
ROA
-2.7%▼
2020 · -2.2%
Debt ≤ 1 year
€9,315▲
2020 · €8,687
Debt > 1 year
€426,685▲
2020 · €419,719
Income taxes
€1,330
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 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €699 | - |
| Gross operating margin9900 | -€9,540 | -€185 | -€2,024 | -€3,499 | ▼ 72.9% |
| Operating profit (loss)9901 | -€10,724 | -€1,376 | -€3,241 | -€4,198 | ▼ 29.5% |
| Recurring financial income75 | €11,007 | €6,431 | €395 | - | - |
| Financial charges65/66B | - | - | - | €8,113 | - |
| Recurring financial charges65 | €546 | €581 | €7,843 | €8,113 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | -€263 | €4,475 | -€11,384 | -€12,311 | ▼ 8.1% |
| Income taxes67/77 | -€0 | - | - | €1,330 | - |
| Profit (loss) for the period9904 | -€263 | €4,475 | -€11,384 | -€13,641 | ▼ 19.8% |
| Profit (loss) for the period to be appropriated9905 | -€263 | €4,475 | -€11,384 | -€13,641 | ▼ 19.8% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.1m | €0.6m | €0.5m | €0.5m | ▼ 1.2% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Land and buildings22 | - | - | - | €0.5m | - |
| Current assets29/58 | €0.6m | €0.09m | €0.007m | €0.001m | ▼ 82.9% |
| Amounts receivable within one year40/41 | €0.6m | €0.09m | €0.007m | €0.001m | ▼ 91.9% |
| Other amounts receivable41 | - | - | - | €0.001m | - |
| Cash at bank and in hand54/58 | €0.001m | €0.004m | €0.001m | €0.001m | ▲ 22.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.1m | €0.6m | €0.5m | €0.5m | ▼ 1.2% |
| Equity10/15 | €1.1m | €0.09m | €0.08m | €0.07m | ▼ 17.3% |
| Contributions10/11 | €0.6m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | - |
| Issued capital100 | - | - | - | €0.06m | - |
| Reserves13 | €0.6m | €0.02m | €0.02m | €0.006m | ▼ 73.2% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | - |
| Legal reserve130 | - | - | - | €0.006m | - |
| Profit (loss) carried forward14 | -€263 | €0.004m | -€0.007m | -€0.003m | ▲ 49.4% |
| Amounts payable17/49 | €0.02m | €0.5m | €0.4m | €0.4m | ▲ 1.8% |
| Amounts payable after more than one year17 | - | - | €0.4m | €0.4m | ▲ 1.7% |
| Other amounts payable178/9 | - | - | - | €0.4m | - |
| Amounts payable within one year42/48 | €0.02m | €0.5m | €0.009m | €0.009m | ▲ 7.2% |
| Trade debts44 | €0.009m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.009m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€263 | €4,475 | -€11,384 | -€13,641 | ▼ 19.8% |
| Operating cash flow (approximation) | -€263 | €4,475 | -€11,384 | -€13,641 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €3,087 | -€3,514 | €130 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 45 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | abbreviated format | 25-08-2022 | 2022-20325240 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56700581 | |
| 31-12-2019 | abbreviated format | 16-07-2020 | 2020-30700289 | |
| 31-12-2018 | abbreviated format | 06-08-2019 | 2019-44500245 | |
| 31-12-2017 | abbreviated format | 08-05-2018 | 2018-12600409 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-39600112 | |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-51900371 | |
| 31-12-2014 | abbreviated format | 10-07-2015 | 2015-30800278 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-55500495 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-57500085 |