DECLEANE
Open bankruptcyFinancials · financial year 2022, micro format
Turnover
≈ €130,000
Estimated: probably between €76,000 and €240,000
EBIT margin
Not included in this filing
Net result
-€29,107▼ 72.1%
2021 · -€16,912
Working capital
-€26,026
2021 · €2,381
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result stays negative: a loss of €27,436 in 2022 against €15,106 in 2021; the loss grows and 2022 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€27,436
2022
Net result-€29,107
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€12,797
2022
Equity-€24,670
2022
Debt€37,467
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€26,026
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-227.5%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-192.8%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.31
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€26,742-€11,999-€1,924-€15,106▼ 685%-€27,436▼ 81.6%
Net result-€28,260-€11,506-€2,724within the sector's middle half-€16,912below the sector's middle half▼ 521%-€29,107below the sector's middle half▼ 72.1%
Equity€12,567-€24,073▲ 91.6%€21,349within the sector's middle half▼ 11.3%€4,437within the sector's middle half▼ 79.2%-€24,670below the sector's middle half
Total assets€46,838-€27,558▼ 41.2%€24,833within the sector's middle half▼ 9.9%€18,539below the sector's middle half▼ 25.3%€12,797below the sector's middle half▼ 31.0%
Debt€34,271-€3,485▼ 89.8%€3,484=€14,102▲ 305%€37,467▲ 166%
Working capital€5,965-€20,011▲ 235%€18,702within the sector's middle half▼ 6.5%€2,381within the sector's middle half▼ 87.3%-€26,026within the sector's middle half
Solvency26.8%-87.4%▲ 60.5pp86.0%above the sector's middle half▼ 1.4pp23.9%within the sector's middle half▼ 62.0pp-192.8%below the sector's middle half▼ 216.7pp
Current ratio1.17-6.74▲ 5.576.37above the sector's middle half▼ 0.371.17within the sector's middle half▼ 5.200.31below the sector's middle half▼ 0.86
Return on assets (ROA)-60.3%-41.8%▲ 102.1pp-11.0%below the sector's middle half▼ 52.7pp-91.2%below the sector's middle half▼ 80.3pp-227.5%below the sector's middle half▼ 136.2pp
above
within
below
the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €12,797
Fixed assets
€1,356 ▼ 34.0%
Current assets
€11,441 ▼ 30.6%
Equity and liabilities
Equity-€24,670
Debt€37,467
Equity is negative: debt (€37,467) exceeds the balance-sheet total (€12,797).
Key figures and ratios
EBITDA
-€26,853▼
2021 · -€14,514
Cash flow
-€28,524▼
2021 · -€16,320
Quick ratio
0.10▼
2021 · 0.49
Interest coverage
-16.07▼
2021 · -8.04
Debt ≤ 1 year
€37,467▲
2021 · €14,102
Staff costs
€45,096▲
2021 · €34,217
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €34,217 | €45,096 | ▲ 31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,539 | €2,539 | €1,415 | €592 | €583 | ▼ 1.5% |
| Other operating charges640/8 | - | - | - | €2,530 | €887 | ▼ 64.9% |
| Gross operating margin9900 | €32,878 | €69,096 | €37,012 | €22,233 | €19,130 | ▼ 14.0% |
| Operating profit (loss)9901 | -€26,742 | €11,999 | -€1,924 | -€15,106 | -€27,436 | ▼ 81.6% |
| Recurring financial income75 | €186 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,806 | €1,671 | ▼ 7.5% |
| Recurring financial charges65 | €1,052 | €493 | €800 | €1,806 | €1,671 | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | -€27,608 | €11,506 | -€2,724 | -€16,912 | -€29,107 | ▼ 72.1% |
| Income taxes67/77 | €652 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€28,260 | €11,506 | -€2,724 | -€16,912 | -€29,107 | ▼ 72.1% |
| Profit (loss) for the period to be appropriated9905 | -€28,260 | €11,506 | -€2,724 | -€16,912 | -€29,107 | ▼ 72.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,838 | €27,558 | €24,833 | €18,539 | €12,797 | ▼ 31.0% |
| Formation expenses20 | €160 | - | - | - | - | - |
| Fixed assets21/28 | €6,442 | €4,062 | €2,647 | €2,056 | €1,356 | ▼ 34.0% |
| Tangible fixed assets22/27 | €6,175 | €3,795 | €2,380 | €1,789 | €1,206 | ▼ 32.6% |
| Furniture and vehicles24 | - | - | - | €1,789 | €1,206 | ▼ 32.6% |
| Financial fixed assets28 | €267 | €267 | €267 | €267 | €150 | ▼ 43.8% |
| Current assets29/58 | €40,236 | €23,496 | €22,186 | €16,483 | €11,441 | ▼ 30.6% |
| Stocks and contracts in progress3 | €8,803 | €9,159 | €9,414 | €9,564 | €7,833 | ▼ 18.1% |
| Stocks30/36 | - | - | - | €9,564 | €7,833 | ▼ 18.1% |
| Amounts receivable within one year40/41 | €4,610 | - | €403 | - | - | - |
| Cash at bank and in hand54/58 | €26,823 | €14,337 | €12,369 | €6,919 | €3,608 | ▼ 47.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,838 | €27,558 | €24,833 | €18,539 | €12,797 | ▼ 31.0% |
| Equity10/15 | €12,567 | €24,073 | €21,349 | €4,437 | -€24,670 | - |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €4,507 | €16,013 | €13,289 | -€3,623 | -€32,730 | ▼ 803% |
| Amounts payable17/49 | €34,271 | €3,485 | €3,484 | €14,102 | €37,467 | ▲ 166% |
| Amounts payable within one year42/48 | €34,271 | €3,485 | €3,484 | €14,102 | €37,467 | ▲ 166% |
| Trade debts44 | €14,321 | - | €2,910 | €9,136 | €21,376 | ▲ 134% |
| Suppliers440/4 | - | - | - | €9,136 | €21,376 | ▲ 134% |
| Taxes, remuneration and social security45 | - | - | - | €2,746 | €4,952 | ▲ 80.3% |
| Taxes450/3 | - | - | - | €2,746 | €510 | ▼ 81.4% |
| Remuneration and social security454/9 | - | - | - | - | €4,442 | - |
| Other amounts payable47/48 | - | - | - | €2,220 | €11,139 | ▲ 402% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,260 | €11,506 | -€2,724 | -€16,912 | -€29,107 | ▼ 72.1% |
| + Depreciation and write-downs630 | €2,539 | €2,539 | €1,415 | €592 | €583 | ▼ 1.5% |
| Operating cash flow (approximation) | -€25,721 | €14,045 | -€1,309 | -€16,320 | -€28,524 | ▼ 74.8% |
| Investment in fixed assets (approximation) | - | -€159 | €0 | -€1 | €117 | - |
| Change in cash | - | -€12,486 | -€1,968 | -€5,450 | -€3,311 | ▲ 39.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 28-02-2023 | 2023-00036284 |
| 31-12-2021 | micro format | 26-09-2022 | 2022-20437798 |
| 31-12-2020 | micro format | 25-06-2021 | 2021-26100073 |
| 31-12-2019 | micro format | 07-10-2020 | 2020-60200124 |
| 31-12-2018 | full format | 28-10-2019 | 2019-72700222 |
| 31-12-2017 | micro format | 06-12-2018 | 2018-74000053 |
| 31-12-2016 | micro format | 01-11-2017 | 2017-69200600 |
| 31-12-2015 | full format | 21-12-2016 | 2016-71600495 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 21,692 active companies whose main activity is hairdressing and barber services (NACE 96210), figures are known for 2,942. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.