cTechnology
Annual accounts 2022
micro format, filed on 18-01-2024, 171 days lateMoney flows
turnover is 0.5% of income in 2022Balance sheet
balance sheet total €2.3m on 31-12-2022in euro
in €m
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
2.3m | 2.2m | |
21/28 |
899,790 | 794,304 | |
21 |
842,719 | 711,066 | |
22/27 |
56,692 | 82,858 | |
23 |
32,919 | 51,655 | |
24 |
23,773 | 31,203 | |
28 |
380 | 380 | |
29/58 |
1.4m | 1.4m | |
3 |
1.4m | 1.4m | |
30/36 |
1.4m | 1.4m | |
40/41 |
38,165 | 22,941 | |
40 |
5,678 | 884 | |
41 |
32,486 | 22,057 | |
54/58 |
629 | 16,401 | |
490/1 |
348 | 341 | |
| Balance sheet: equity and liabilities | |||
10/49 |
2.3m | 2.2m | |
10/15 |
-972,731 | -56,244 | |
10/11 |
1,000 | 1,000 | |
14 |
-973,731 | -57,244 | |
17/49 |
3.3m | 2.3m | |
17 |
2.7m | 1.8m | |
170/4 |
2.7m | 1.8m | |
42/48 |
556,262 | 453,641 | |
44 |
106,860 | 81,588 | |
440/4 |
106,860 | 81,588 | |
45 |
436,639 | 359,290 | |
450/3 |
91,204 | 89,806 | |
454/9 |
345,435 | 269,484 | |
47/48 |
12,764 | 12,764 | |
492/3 |
70,900 | 10,090 | |
| Income statement | |||
70 |
5,824 | 9,048 | |
9900 |
-120,437 | 1.1m | |
60/61 |
396,163 | 524,277 | |
62 |
575,465 | 1.0m | |
630 |
188,525 | 91,047 | |
640/8 |
15,981 | 15,723 | |
9901 |
-900,408 | -39,788 | |
75/76B |
48 | 843 | |
75 |
48 | 843 | |
65/66B |
14,853 | 18,299 | |
65 |
14,853 | 18,299 | |
9903 |
-915,213 | -57,244 | |
67/77 |
1,274 | - | |
9904 |
-916,487 | -57,244 | |
9905 |
-916,487 | -57,244 | |
| Appropriation of the result | |||
9906 |
-973,731 | -57,244 | |
14P |
-57,244 | - | |
| Social balance sheet | |||
9087 |
- | 5.8 | |
Hours worked1013 |
- | 19,129 | |
| Document | |||
The notes to these accounts have 11 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 18-01-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2022 annual accounts filed 171 days after the deadline. Filed on 18 January 2024, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2024-00004583.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 |
|---|---|---|---|
| -711,883 | 51,260 | ||
| -727,962 | 33,803 | ||
| 294,011 | 885,352 | ||
| -15,773 | - | ||
| 876,379 | 979,542 | ||
| -41.7% | -2.5% | ||
| 2.58 | 3.16 | ||
| 0.07 | 0.09 | ||
| -39.3% | -2.6% | ||
| -47.93 | 2.80 | ||
| 356 days | 36 days | ||
| 98 days | 57 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 9 |
| full-time | 8 |
| part-time | 1 |
| in full-time equivalents | 8.8 |
| 5.8 | |
| On a permanent contract | 9 |
| Joined | 4 |
| Left | 0 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2022 | 2021 |
|---|---|---|
| Tangible fixed assets | €4,446 | €105,021 |
| Intangible fixed assets | €289,565 | €779,950 |
| Financial fixed assets | - | €380 |
| €188,525 | €91,047 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on cTechnology
The operating result for 2022 is a loss of €900,408, larger than the loss of €39,788 in 2021.
Equity is negative. Debt (€3.3m) exceeds the balance-sheet total (€2.3m).