ECO-ANHEE
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-04-2022 was due by 30-11-2022 and was filed on 20-03-2023, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2022
110 d late
2021
29 d late
2020
30 d late
2019
29 d late
2018
15 d early
2017
7 d early
2016
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 29 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
€9.3m▲ 2.9%
2020 · €9.1m
EBIT margin
2.5%▼ 3.8pp
2020 · 6.3%
Net result
€13,656▼ 91.3%
2021 · €157,208
Working capital
€528,216▲ 19.3%
2021 · €442,667
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€7.1m€9.1m▲ 26.9%€9.3m▲ 2.9%
Operating result€208,130-€227,802▲ 9.5%€569,742▲ 150%€231,477▼ 59.4%€29,847▼ 87.1%
Net result€141,778-€151,313▲ 6.7%€402,390▲ 166%€157,208▼ 60.9%€13,656▼ 91.3%
EBIT margin3.2%6.3%▲ 3.1pp2.5%▼ 3.8pp
Equity€160,193-€203,101▲ 26.8%€365,491▲ 80.0%€522,700▲ 43.0%€536,356▲ 2.6%
Total assets€2.3m-€2.2m▼ 7.9%€2.4m▲ 12.5%€2.2m▼ 11.1%€2.2m▲ 3.6%
Debt€2.2m-€2.0m▼ 10.5%€2.1m▲ 5.5%€1.6m▼ 20.6%€1.7m▲ 3.9%
Working capital€32,515-€54,099▲ 66.4%€253,785▲ 369%€442,667▲ 74.4%€528,216▲ 19.3%
Staff (FTE)18-20.4▲ 13.3%22.2▲ 8.8%22.5▲ 1.4%8.8▼ 60.9%
Why a figure moved sharply
- 2022 Net result -91% on 2021. This fiscal year ran 4 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 87% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.1m ▼ 6.5%
Current assets
€1.2m ▲ 15.2%
Equity and liabilities €2.2m
Equity
€536,356 ▲ 2.6%
Debt
€1.7m ▲ 3.9%
Debt's share of the balance-sheet total rises from 75.9% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98,752▼
2021 · €443,891
Cash flow
€82,561▼
2021 · €369,622
Current ratio
1.83▲
2021 · 1.78
Quick ratio
1.08▲
2021 · 0.98
Debt to equity
3.18▲
2021 · 3.14
ROE
2.5%▼
2021 · 30.1%
ROA
0.6%▼
2021 · 7.3%
Interest coverage
6.39▼
2021 · 9.63
Debt ≤ 1 year
€636,556▲
2021 · €568,655
Debt > 1 year
€1.1m=
2021 · €1.1m
Income taxes
€7,167▼
2021 · €52,414
Staff costs
€284,144▼
2021 · €708,262
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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | €7.1m | €9.1m | €9.3m | - | - |
| Non-recurring operating income76A | - | - | - | - | €679 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €8.3m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €708,262 | €284,144 | ▼ 59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €291,987 | €254,625 | €226,113 | €212,413 | €68,905 | ▼ 67.6% |
| Other operating charges640/8 | - | - | - | €47,285 | €10,368 | ▼ 78.1% |
| Non-recurring operating charges66A | - | - | - | €400 | €951 | ▲ 138% |
| Gross operating margin9900 | €1.0m | €1.1m | €1.5m | €1.2m | €394,214 | ▼ 67.1% |
| Operating profit (loss)9901 | €208,130 | €227,802 | €569,742 | €231,477 | €29,847 | ▼ 87.1% |
| Financial income75/76B | - | - | - | €24,220 | €6,439 | ▼ 73.4% |
| Recurring financial income75 | €27,397 | €16,545 | €20,601 | €24,220 | €6,439 | ▼ 73.4% |
| Financial charges65/66B | - | - | - | €46,076 | €15,462 | ▼ 66.4% |
| Recurring financial charges65 | €83,375 | €75,457 | €54,249 | €46,076 | €15,462 | ▼ 66.4% |
| Profit (loss) for the period before taxes9903 | €142,439 | €164,867 | €536,075 | €209,622 | €20,824 | ▼ 90.1% |
| Income taxes67/77 | €661 | €13,553 | €133,684 | €52,414 | €7,167 | ▼ 86.3% |
| Profit (loss) for the period9904 | €141,778 | €151,313 | €402,390 | €157,208 | €13,656 | ▼ 91.3% |
| Profit (loss) for the period to be appropriated9905 | €141,778 | €151,313 | €326,610 | €157,208 | €13,656 | ▼ 91.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.2m | €2.4m | €2.2m | €2.2m | ▲ 3.6% |
| Formation expenses20 | €29,347 | €3,332 | €1 | - | - | - |
| Fixed assets21/28 | €1.6m | €1.4m | €1.3m | €1.2m | €1.1m | ▼ 6.5% |
| Tangible fixed assets22/27 | €1.6m | €1.4m | €1.3m | €1.1m | €1.1m | ▼ 6.1% |
| Land and buildings22 | - | - | - | €673,104 | €644,071 | ▼ 4.3% |
| Plant, machinery and equipment23 | - | - | - | €414,530 | €377,862 | ▼ 8.8% |
| Furniture and vehicles24 | - | - | - | €50,866 | €47,662 | ▼ 6.3% |
| Financial fixed assets28 | €9,687 | €11,850 | €14,010 | €14,957 | €8,890 | ▼ 40.6% |
| Current assets29/58 | €727,628 | €720,984 | €1.1m | €1.0m | €1.2m | ▲ 15.2% |
| Stocks and contracts in progress3 | €412,982 | €366,287 | €442,334 | €453,340 | €479,276 | ▲ 5.7% |
| Stocks30/36 | - | - | - | €453,340 | €479,276 | ▲ 5.7% |
| Amounts receivable within one year40/41 | €213,358 | €267,679 | €254,612 | €276,197 | €266,436 | ▼ 3.5% |
| Trade receivables40 | - | - | - | €230,607 | €187,855 | ▼ 18.5% |
| Other amounts receivable41 | - | - | - | €45,590 | €78,581 | ▲ 72.4% |
| Current investments50/53 | - | - | - | €31,941 | €36,663 | ▲ 14.8% |
| Cash at bank and in hand54/58 | €80,849 | €78,351 | €420,572 | €212,085 | €367,063 | ▲ 73.1% |
| Deferred charges and accrued income490/1 | - | - | - | €37,759 | €15,334 | ▼ 59.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.2m | €2.4m | €2.2m | €2.2m | ▲ 3.6% |
| Equity10/15 | €160,193 | €203,101 | €365,491 | €522,700 | €536,356 | ▲ 2.6% |
| Contributions10/11 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Capital10 | - | - | - | €160,000 | €160,000 | = |
| Issued capital100 | - | - | - | €160,000 | €160,000 | = |
| Reserves13 | €10,000 | €43,101 | €184,203 | €215,645 | €215,645 | = |
| Non-distributable reserves130/1 | - | - | - | €16,000 | €16,000 | = |
| Legal reserve130 | - | - | - | €16,000 | €16,000 | = |
| Tax-exempt reserves132 | - | - | - | €75,780 | €75,780 | = |
| Distributable reserves133 | - | - | - | €123,865 | €123,865 | = |
| Profit (loss) carried forward14 | -€9,807 | -€151,586 | €21,288 | €147,055 | €160,711 | ▲ 9.3% |
| Amounts payable17/49 | €2.2m | €2.0m | €2.1m | €1.6m | €1.7m | ▲ 3.9% |
| Amounts payable after more than one year17 | €1.5m | €1.3m | €1.2m | €1.1m | €1.1m | = |
| Financial debts170/4 | - | - | - | €1.1m | €1.1m | = |
| Other amounts payable178/9 | - | - | - | €3,800 | €3,800 | = |
| Amounts payable within one year42/48 | €695,112 | €666,885 | €886,977 | €568,655 | €636,556 | ▲ 11.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €110,120 | €72,314 | ▼ 34.3% |
| Trade debts44 | €338,856 | €342,254 | €410,301 | €380,941 | €452,790 | ▲ 18.9% |
| Suppliers440/4 | - | - | - | €380,941 | €452,790 | ▲ 18.9% |
| Taxes, remuneration and social security45 | - | - | - | €77,594 | €111,452 | ▲ 43.6% |
| Taxes450/3 | - | - | - | €7,414 | €7,414 | = |
| Remuneration and social security454/9 | - | - | - | €70,180 | €104,038 | ▲ 48.2% |
| Accrued charges and deferred income492/3 | - | - | - | €3,426 | €347 | ▼ 89.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €141,778 | €151,313 | €402,390 | €157,208 | €13,656 | ▼ 91.3% |
| + Depreciation and write-downs630 | €291,987 | €254,625 | €226,113 | €212,413 | €68,905 | ▼ 67.6% |
| Operating cash flow (approximation) | €433,766 | €405,938 | €628,503 | €369,622 | €82,561 | ▼ 77.7% |
| Investment in fixed assets (approximation) | - | -€101,111 | -€80,412 | -€72,154 | €6,067 | ▲ 108% |
| Change in cash | - | -€2,499 | €342,222 | -€208,487 | €154,978 | ▲ 174% |
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
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 110 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
30-04
Financial
Weakest financial yearnet €13,656 ▼91.3%
Net result drops to €13,656, the lowest in the series.
2021
31-12
Financial
Equity above €500,000Eq €522,700 ▲43%
4 profitable years in a row build equity to €522,700.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €402,390 ▲166%
Operating result €569,742, net result €402,390, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
31-12
Financial
Equity above €200,000Eq €203,101 ▲26.8%
2 profitable years in a row build equity to €203,101.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
2015
26-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
22-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
2 ownersChain of control
Highest known parent: BELLIA. The sources do not say who stands above it.
Owners 2
- HOLEBOparentSourceown accounts 30-04-202299.98%
- Frédéric LE BOULENGEnatural personSourceown accounts 30-04-20220.01%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
0.01%
Holdings 0
The accounts to 30-04-2022 list no holdings, and no other source names one.
According to the annual accounts to 30-04-2022 of ECO-ANHEE and those 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.