E & O MODE
InactiveInactive; last annual accounts for fiscal year 2023.
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 30-06-2024, 2 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
30-06-2024 close31-01-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 12-12-2023, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
50 d early
2022
42 d early
2021
96 d early
2020
2 d late
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 46 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 2023, micro schema
Equity
-€145,611▲ 11.2%
2022 · -€164,061
Total assets
€71,725▲ 15.3%
2022 · €62,197
Net result
€18,449▲ 131%
2022 · €8,001
Working capital
-€145,438▲ 11.3%
2022 · -€163,887
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
Line20192020202120222023
Operating result-€1,342-€34,812€39,303▲ 12.9%€8,375▼ 78.7%€18,582▲ 122%
Net result€1,653-€38,609▲ 2,235%€44,329▲ 14.8%€8,001▼ 82.0%€18,449▲ 131%
Equity-€255,000--€216,391▲ 15.1%-€172,062▲ 20.5%-€164,061▲ 4.7%-€145,611▲ 11.2%
Total assets€51,045-€54,141▲ 6.1%€61,523▲ 13.6%€62,197▲ 1.1%€71,725▲ 15.3%
Debt€306,045-€270,532▼ 11.6%€233,586▼ 13.7%€226,258▼ 3.1%€217,336▼ 3.9%
Working capital-€255,000--€216,217▲ 15.2%-€171,888▲ 20.5%-€163,887▲ 4.7%-€145,438▲ 11.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 122% above 2022.
Key figures and ratios
Solvency
-203.0%▲
2022 · -263.8%
Current ratio
0.33▲
2022 · 0.28
Debt to equity
-1.49▼
2022 · -1.38
ROA
25.7%▲
2022 · 12.9%
Debt ≤ 1 year
€217,163▼
2022 · €226,084
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €619 | €579 | ▼ 6.5% |
| Gross operating margin9900 | -€704 | €35,495 | €39,871 | €8,994 | €19,161 | ▲ 113% |
| Operating profit (loss)9901 | -€1,342 | €34,812 | €39,303 | €8,375 | €18,582 | ▲ 122% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €3,202 | €4,034 | €5,371 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €374 | €133 | ▼ 64.5% |
| Recurring financial charges65 | €207 | €238 | €345 | €374 | €133 | ▼ 64.5% |
| Profit (loss) for the period before taxes9903 | €1,653 | €38,609 | €44,329 | €8,001 | €18,449 | ▲ 131% |
| Profit (loss) for the period9904 | €1,653 | €38,609 | €44,329 | €8,001 | €18,449 | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €1,653 | €38,609 | €44,329 | €8,001 | €18,449 | ▲ 131% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,045 | €54,141 | €61,523 | €62,197 | €71,725 | ▲ 15.3% |
| Current assets29/58 | €51,045 | €54,141 | €61,523 | €62,197 | €71,725 | ▲ 15.3% |
| Amounts receivable within one year40/41 | €49,936 | €53,815 | €59,544 | €60,993 | €71,216 | ▲ 16.8% |
| Trade receivables40 | - | - | - | €1,590 | €7,340 | ▲ 362% |
| Other amounts receivable41 | - | - | - | €59,402 | €63,876 | ▲ 7.5% |
| Cash at bank and in hand54/58 | €723 | €326 | €1,979 | €1,205 | €509 | ▼ 57.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,045 | €54,141 | €61,523 | €62,197 | €71,725 | ▲ 15.3% |
| Equity10/15 | -€255,000 | -€216,391 | -€172,062 | -€164,061 | -€145,611 | ▲ 11.2% |
| Contributions10/11 | €106,000 | €106,000 | €106,000 | €106,000 | €106,000 | = |
| Reserves13 | €10,600 | €10,600 | €10,600 | €10,600 | €10,600 | = |
| Distributable reserves133 | - | - | - | €10,600 | €10,600 | = |
| Profit (loss) carried forward14 | -€371,600 | -€332,991 | -€288,662 | -€280,661 | -€262,211 | ▲ 6.6% |
| Amounts payable17/49 | €306,045 | €270,532 | €233,586 | €226,258 | €217,336 | ▼ 3.9% |
| Amounts payable within one year42/48 | €306,045 | €270,358 | €233,412 | €226,084 | €217,163 | ▼ 3.9% |
| Trade debts44 | €28,643 | €1,647 | €8,697 | €2,770 | €7,180 | ▲ 159% |
| Suppliers440/4 | - | - | - | €2,770 | €7,180 | ▲ 159% |
| Taxes, remuneration and social security45 | - | - | - | €852 | €1,091 | ▲ 28.0% |
| Taxes450/3 | - | - | - | €852 | €1,091 | ▲ 28.0% |
| Other amounts payable47/48 | - | - | - | €222,462 | €208,892 | ▼ 6.1% |
| Accrued charges and deferred income492/3 | - | - | - | €174 | €174 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,653 | €38,609 | €44,329 | €8,001 | €18,449 | ▲ 131% |
| Operating cash flow (approximation) | €1,653 | €38,609 | €44,329 | €8,001 | €18,449 | ▲ 131% |
| Change in cash | - | -€397 | €1,653 | -€775 | -€696 | ▲ 10.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €44,329 ▲14.8%
Operating result €39,303, net result €44,329, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
12-12
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 5 acts read
About the unread acts
We know of 5 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
-
18.9%
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.