EASYLLABUS
InactiveFinancials · financial year 2023, micro format
Equity
-€69,285
Total assets
€196,980
Net result
-€152,574
Working capital
-€6,270
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €196,980
Fixed assets
€120,587
Current assets
€76,393
Equity and liabilities
Equity-€69,285
Debt€266,265
Equity is negative: debt (€266,265) exceeds the balance-sheet total (€196,980).
Key figures and ratios
EBITDA
-€119,335
Cash flow
-€123,891
Solvency
-35.2%
Current ratio
0.92
ROA
-77.5%
Interest coverage
-13.35
Debt
€266,265
Debt ≤ 1 year
€82,662
Debt > 1 year
€183,603
Staff costs
€7,716
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2023 |
|---|---|
| Remuneration, social security and pensions62 | €7,716 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,683 |
| Other operating charges640/8 | €7,041 |
| Gross operating margin9900 | -€104,578 |
| Operating profit (loss)9901 | -€148,019 |
| Financial income75/76B | €4,385 |
| Recurring financial income75 | €4,385 |
| Financial charges65/66B | €8,941 |
| Recurring financial charges65 | €8,941 |
| Profit (loss) for the period before taxes9903 | -€152,574 |
| Profit (loss) for the period9904 | -€152,574 |
| Profit (loss) for the period to be appropriated9905 | -€152,574 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €196,980 | |
| Fixed assets21/28 | €120,587 | |
| Intangible fixed assets21 | €100,108 | |
| Tangible fixed assets22/27 | €19,419 | |
| Furniture and vehicles24 | €19,419 | |
| Financial fixed assets28 | €1,060 | |
| Current assets29/58 | €76,393 | |
| Amounts receivable within one year40/41 | €44,859 | |
| Trade receivables40 | €42,921 | |
| Other amounts receivable41 | €1,937 | |
| Cash at bank and in hand54/58 | €31,534 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €196,980 | |
| Equity10/15 | -€69,285 | |
| Contributions10/11 | €367,500 | |
| Profit (loss) carried forward14 | -€438,225 | |
| Investment grants15 | €1,440 | |
| Amounts payable17/49 | €266,265 | |
| Amounts payable after more than one year17 | €183,603 | |
| Financial debts170/4 | €183,603 | |
| Amounts payable within one year42/48 | €82,662 | |
| Current portion of amounts payable after more than one year42 | €39,072 | |
| Trade debts44 | €42,193 | |
| Suppliers440/4 | €42,193 | |
| Advances received on contracts in progress46 | €254 | |
| Taxes, remuneration and social security45 | €1,143 | |
| Taxes450/3 | €999 | |
| Remuneration and social security454/9 | €144 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€152,574 |
| + Depreciation and write-downs630 | €28,683 |
| Operating cash flow (approximation) | -€123,891 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 22-07-2024 | 2024-00268531 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.