CORETEC MAINTENANCE
Annual accounts 2022
full format, filed on 14-12-2023, 136 days lateMoney flows
of every €100 of turnover, €3.22 was lost in 2022Balance sheet
balance sheet total €1.8m on 31-12-2022in euro
in euro
Position in the sector
0.6%
Higher than 10% of 213 companies in 2022.
1.02
Higher than 16% of 211 companies in 2022.
-4.4%
Higher than 12% of 213 companies in 2022.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€67,686
Staff costs divided by the average number of full-time equivalents.
+2 people
In 2022, 3 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.8m | 1.3m | 2.2m | 1.8m | 2.3m | |
20 |
67,067 | 101,234 | 38,416 | 22,063 | 28,684 | |
21/28 |
59,463 | 98,021 | 198,614 | 103,222 | 166,924 | |
21 |
37,748 | 42,911 | 69,635 | 93,654 | 102,783 | |
22/27 |
15,265 | 48,659 | 123,529 | 9,567 | 63,846 | |
22 |
- | - | - | - | 30,861 | |
23 |
6,111 | 8,879 | 13,184 | 2,243 | 11,154 | |
24 |
9,155 | 10,620 | 17,536 | 7,325 | 12,701 | |
27 |
0 | 29,160 | 92,808 | - | 9,130 | |
28 |
6,450 | 6,450 | 5,450 | 0 | 295 | |
29/58 |
1.7m | 1.1m | 2.0m | 1.6m | 2.1m | |
3 |
216,226 | 212,674 | 298,900 | 275,742 | 270,573 | |
30/36 |
210,853 | 186,894 | 210,148 | 181,893 | 173,787 | |
37 |
5,373 | 25,780 | 88,752 | 93,849 | 96,786 | |
40/41 |
1.2m | 854,978 | 1.4m | 1.1m | 1.6m | |
40 |
950,728 | 795,991 | 1.4m | 960,753 | 1.6m | |
41 |
223,626 | 58,988 | 44,882 | 109,060 | 62,405 | |
54/58 |
296,190 | 0 | 262,936 | 210,475 | 114,198 | |
490/1 |
8,240 | 50,964 | 13,289 | 91,546 | 51,814 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.8m | 1.3m | 2.2m | 1.8m | 2.3m | |
10/15 |
10,269 | -160,209 | 423,993 | 448,059 | 440,214 | |
10/11 |
600,060 | 350,060 | 350,060 | 350,060 | 350,060 | |
10 |
600,060 | 350,060 | - | - | - | |
100 |
600,060 | 350,060 | 350,060 | 350,060 | 350,060 | |
13 |
56,056 | 56,056 | 56,056 | 56,056 | 49,914 | |
130/1 |
56,056 | 56,056 | 56,056 | 47,676 | 47,676 | |
130 |
8,379 | 8,379 | 8,379 | 8,379 | 2,237 | |
1311 |
47,676 | 47,676 | - | - | - | |
1319 |
- | - | 47,676 | 47,676 | 47,676 | |
14 |
-673,402 | -593,880 | -9,678 | 14,388 | 12,685 | |
15 |
27,555 | 27,555 | 27,555 | 27,555 | 27,555 | |
16 |
0 | 249,522 | - | - | 49,359 | |
160/5 |
0 | 249,522 | - | - | 49,359 | |
162 |
0 | 249,522 | - | - | 49,359 | |
17/49 |
1.8m | 1.2m | 1.8m | 1.3m | 1.8m | |
17 |
52,145 | 77,561 | 102,548 | 127,113 | 151,257 | |
170/4 |
52,145 | 77,561 | 102,548 | 127,113 | 151,257 | |
42/48 |
1.7m | 1.1m | 1.7m | 1.2m | 1.6m | |
42 |
33,963 | 24,987 | 24,565 | 24,144 | 23,743 | |
43 |
375,000 | 172,171 | 125,000 | 250,000 | 375,000 | |
430/8 |
375,000 | 47,171 | - | - | - | |
439 |
- | 125,000 | 125,000 | 250,000 | 375,000 | |
44 |
1.1m | 824,024 | 1.3m | 574,001 | 983,296 | |
440/4 |
1.1m | 824,024 | 1.3m | 574,001 | 983,296 | |
46 |
0 | - | - | - | 74,000 | |
45 |
130,558 | 81,400 | 159,343 | 233,078 | 167,562 | |
450/3 |
33,179 | 36,917 | 59,407 | 84,233 | 50,201 | |
454/9 |
97,379 | 44,483 | 99,936 | 148,845 | 117,361 | |
47/48 |
288 | 19,100 | 57,500 | 115,009 | - | |
492/3 |
96,288 | 29,314 | 16,569 | 1,458 | - | |
| Income statement | ||||||
70 |
2.5m | - | - | 3.5m | 4.5m | |
76A |
2,475 | 1,745 | 2,151 | 261,360 | 1,100 | |
9900 |
358,529 | 278,067 | 903,486 | 1.3m | 984,168 | |
60/61 |
2.2m | - | - | 2.5m | 3.5m | |
62 |
446,727 | 446,164 | 799,653 | 916,392 | 859,133 | |
630 |
85,922 | 63,310 | 51,411 | 47,948 | 62,400 | |
631/4 |
49,275 | 66,519 | - | - | - | |
635/8 |
-249,522 | 249,522 | - | - | -53,304 | |
640/8 |
54,529 | 22,277 | 17,275 | 114,109 | 19,664 | |
66A |
29,605 | - | 4,910 | 14,797 | 3,991 | |
9901 |
-58,006 | -569,725 | 30,237 | 217,184 | 92,284 | |
75/76B |
20 | 0 | - | - | 1,338 | |
75 |
20 | 0 | - | - | 1,338 | |
65/66B |
20,420 | 14,426 | 17,676 | 21,688 | 91,311 | |
65 |
20,420 | 14,426 | 17,676 | 21,515 | 91,311 | |
66B |
- | - | - | 173 | - | |
9903 |
-78,406 | -584,151 | 12,561 | 195,497 | 2,311 | |
67/77 |
1,117 | 50 | 36,628 | 72,652 | 39,268 | |
9904 |
-79,522 | -584,201 | -24,066 | 122,845 | -36,957 | |
789 |
- | - | - | - | 49,642 | |
9905 |
-79,522 | -584,201 | -24,066 | 122,845 | 12,685 | |
| Appropriation of the result | ||||||
9906 |
-673,402 | -593,880 | -9,678 | 135,530 | 12,685 | |
14P |
-593,880 | -9,678 | - | - | - | |
691/2 |
- | - | - | 6,142 | - | |
6920 |
- | - | - | 6,142 | - | |
694/7 |
- | - | - | 115,000 | - | |
694 |
- | - | - | 115,000 | - | |
| Social balance sheet | ||||||
9087 |
6.6 | 6.6 | 12.9 | 14.2 | 12.9 | |
Hours worked1013 |
10,977 | 10,928 | 21,715 | 20,441 | 21,270 | |
| Document | ||||||
The notes to these accounts have 22 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 2022 (PDF), filed on 14-12-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank2022 annual accounts filed 136 days after the deadline. Filed on 14 December 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00528773.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 14-12-2023 | 2023-00528773 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20364611 | |
| 31-12-2020 | full format | 25-08-2021 | 2021-53300188 | |
| 31-12-2019 | full format | 31-07-2020 | 2020-37500391 | |
| 31-12-2018 | full format | 03-07-2019 | 2019-27800392 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| 27,916 | -506,415 | 81,648 | 265,132 | 154,683 | ||
| 6,400 | -520,891 | 27,344 | 170,793 | 25,443 | ||
| 9,198 | 19,535 | 136,129 | 41,344 | 224,657 | ||
| 296,190 | -262,936 | 52,461 | 96,277 | - | ||
| 32,172 | -3,067 | 306,080 | 451,345 | 445,222 | ||
| -2.3% | - | - | 6.2% | 2.0% | ||
| 0.6% | -12.2% | 19.2% | 25.3% | 19.4% | ||
| 1.02 | 1.00 | 1.18 | 1.38 | 1.27 | ||
| 0.89 | 0.81 | 1.00 | 1.15 | 1.11 | ||
| - | - | 4.22 | 2.96 | 4.03 | ||
| -774.4% | - | -5.7% | 27.4% | -8.4% | ||
| -4.4% | -44.3% | -1.1% | 6.9% | -1.6% | ||
| 1.37 | -35.10 | - | - | - | ||
| 141 days | - | - | 100 days | 127 days | ||
| 190 days | - | - | 85 days | 101 days |
A ratio outside any meaningful range has been withheld (balance sheet total €1.8m, equity €10,269).
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 | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 8 | 6 |
| full-time | 7 | 5 |
| part-time | 1 | 1 |
| in full-time equivalents | 7.8 | 5.8 |
| 6.9 | 6.6 | |
| On a permanent contract | 8 | 6 |
| Joined | 3 | 1 |
| Left | 1 | 8 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Securities and guarantees
on own assets and for others| Item | 2022 | 2021 |
|---|---|---|
| Debts secured on the company's own assets | €461,108 | - |
| €137,500 | - | |
| Mandates to pledge the business | €562,500 | €412,500 |
Source: notes to the 2021 to 2022 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2022 | 2021 |
|---|---|---|
| Tangible fixed assets | €7,210 | €13,512 |
| Intangible fixed assets | €1,987 | €5,023 |
| Financial fixed assets | - | €1,000 |
| €85,922 | €63,310 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on CORETEC MAINTENANCE
The operating result for 2022 is a loss of €58,006, smaller than the loss of €569,725 in 2021.
Debt's share of the balance-sheet total is 99.4%.