CRAFTZING STRATEGY
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 04-08-2023, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
4 d late
2021
2 d early
2020
65 d early
2020
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 31 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 2022, abbreviated schema
Equity
€77,150▲ 8.0%
2021 · €71,402
Total assets
€2.2m▲ 88.7%
2021 · €1.2m
Net result
€5,747▲ 3.7%
2021 · €5,542
Working capital
€77,150▲ 8.0%
2021 · €71,402
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202020212022
Operating result€180,973▲ 94.3%€43,191▼ 76.1%€79,535-€10,015▼ 87.4%€14,932▲ 49.1%
Net result€125,871▲ 107%€28,629▼ 77.3%€59,285-€5,542▼ 90.7%€5,747▲ 3.7%
Equity€89,860▲ 3.2%€79,860▼ 11.1%€65,860-€71,402▲ 8.4%€77,150▲ 8.0%
Total assets€749,447▲ 26.1%€631,707▼ 15.7%€812,930-€1.2m▲ 45.5%€2.2m▲ 88.7%
Debt€659,587▲ 30.1%€551,847▼ 16.3%€747,070-€1.1m▲ 48.8%€2.2m▲ 93.9%
Working capital€89,860▲ 7.6%€80,164▼ 10.8%€115,255-€71,402▼ 38.0%€77,150▲ 8.0%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €2.2m
Equity
€77,150 ▲ 8.0%
Debt
€2.2m ▲ 93.9%
Debt's share of the balance-sheet total rises from 94.0% to 96.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.04▼
2021 · 1.06
Debt to equity
27.94▲
2021 · 15.57
ROE
7.4%▼
2021 · 7.8%
ROA
0.3%▼
2021 · 0.5%
Debt ≤ 1 year
€2.2m▲
2021 · €1.1m
Income taxes
€2,092▼
2021 · €2,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €868 | €450 | ▼ 48.2% |
| Gross operating margin9900 | €181,506 | €43,538 | €79,535 | €10,883 | €15,381 | ▲ 41.3% |
| Operating profit (loss)9901 | €180,973 | €43,191 | €79,535 | €10,015 | €14,932 | ▲ 49.1% |
| Financial income75/76B | - | - | - | €2 | €0 | ▼ 99.6% |
| Recurring financial income75 | €7 | €1 | - | €2 | €0 | ▼ 99.6% |
| Financial charges65/66B | - | - | - | €2,275 | €7,092 | ▲ 212% |
| Recurring financial charges65 | €534 | €343 | €140 | €2,275 | €7,092 | ▲ 212% |
| Profit (loss) for the period before taxes9903 | €180,445 | €42,848 | €79,395 | €7,742 | €7,840 | ▲ 1.3% |
| Income taxes67/77 | €54,574 | €14,220 | €20,110 | €2,200 | €2,092 | ▼ 4.9% |
| Profit (loss) for the period9904 | €125,871 | €28,629 | €59,285 | €5,542 | €5,747 | ▲ 3.7% |
| Profit (loss) for the period to be appropriated9905 | €125,871 | €28,629 | €59,285 | €5,542 | €5,747 | ▲ 3.7% |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €749,447 | €631,707 | €812,930 | €1.2m | €2.2m | ▲ 88.7% |
| Current assets29/58 | €749,447 | €631,707 | €812,930 | €1.2m | €2.2m | ▲ 88.7% |
| Amounts receivable within one year40/41 | €557,661 | €499,948 | €520,951 | €1.0m | €1.8m | ▲ 73.3% |
| Trade receivables40 | - | - | - | €831,105 | €1.5m | ▲ 84.0% |
| Other amounts receivable41 | - | - | - | €203,096 | €263,096 | ▲ 29.5% |
| Cash at bank and in hand54/58 | €191,785 | €131,759 | €291,978 | €146,420 | €439,251 | ▲ 200% |
| Deferred charges and accrued income490/1 | - | - | - | €2,199 | €808 | ▼ 63.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €749,447 | €631,707 | €812,930 | €1.2m | €2.2m | ▲ 88.7% |
| Equity10/15 | €89,860 | €79,860 | €65,860 | €71,402 | €77,150 | ▲ 8.0% |
| Contributions10/11 | €88,000 | - | - | €64,000 | €64,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | - | - | - | €5,542 | €11,290 | ▲ 104% |
| Amounts payable17/49 | €659,587 | €551,847 | €747,070 | €1.1m | €2.2m | ▲ 93.9% |
| Amounts payable within one year42/48 | €659,587 | €551,543 | €697,675 | €1.1m | €2.2m | ▲ 93.9% |
| Financial debts43 | - | - | - | €360,000 | €562,572 | ▲ 56.3% |
| Credit institutions430/8 | - | - | - | €360,000 | €562,572 | ▲ 56.3% |
| Trade debts44 | €526,266 | €511,655 | €604,651 | €684,822 | €1.4m | ▲ 102% |
| Suppliers440/4 | - | - | - | €684,822 | €1.4m | ▲ 102% |
| Taxes, remuneration and social security45 | - | - | - | €7,310 | €4,292 | ▼ 41.3% |
| Taxes450/3 | - | - | - | €7,310 | €4,292 | ▼ 41.3% |
| Other amounts payable47/48 | - | - | - | €59,285 | €207,548 | ▲ 250% |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €125,871 | €28,629 | €59,285 | €5,542 | €5,747 | ▲ 3.7% |
| Operating cash flow (approximation) | €125,871 | €28,629 | €59,285 | €5,542 | €5,747 | ▲ 3.7% |
| Change in cash | - | -€60,026 | - | -€145,558 | €292,831 | ▲ 301% |
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
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €5,542 ▼90.7%
Net result drops to €5,542, the lowest in the series.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €125,871 ▲107%
Operating result €180,973, net result €125,871, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
1 ownerOwners 1
-
0%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.