ELECTRONIC DEVELOPMENT SECURITY
Annual accounts 2022
full format, filed on 10-05-2024, 284 days lateMoney flows
of every €100 of turnover, €30.99 remains as profit in 2022Balance sheet
balance sheet total €232,807 on 31-12-2022in euro
in euro
Position in the sector
55.9%
Higher than 69% of 1,585 companies in 2022.
2.28
Higher than 70% of 1,566 companies in 2022.
10.7%
Higher than 56% of 1,568 companies in 2022.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
232,807 | 189,139 | 145,393 | 89,345 | 32,274 | 24,734 | |
21/28 |
1,604 | 969 | 7 | - | - | - | |
22/27 |
1,604 | 969 | 7 | - | - | - | |
24 |
1,604 | 969 | 7 | - | - | - | |
29/58 |
231,203 | 188,171 | 145,386 | 89,345 | 32,274 | 24,734 | |
40/41 |
216,559 | 175,101 | 115,435 | 59,252 | 12,858 | 326 | |
40 |
26,440 | 28,635 | 26,136 | 18,716 | 295 | 326 | |
41 |
190,119 | 146,467 | 89,300 | 40,536 | 12,563 | - | |
54/58 |
14,644 | 13,069 | 14,901 | 15,064 | 4,416 | 14,697 | |
490/1 |
- | - | 15,049 | 15,029 | 15,000 | 9,711 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
232,807 | 189,139 | 145,393 | 89,345 | 32,274 | 24,734 | |
10/15 |
130,094 | 105,294 | 90,159 | 62,745 | 21,641 | 23,103 | |
10/11 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | |
10 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | - | |
100 |
23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | |
14 |
107,094 | 82,294 | 67,159 | 39,745 | -1,359 | 103 | |
17/49 |
102,713 | 83,845 | 55,234 | 26,600 | 10,633 | 1,631 | |
17 |
- | - | - | - | 10,024 | - | |
170/4 |
- | - | - | - | 10,024 | - | |
42/48 |
101,318 | 83,567 | 54,956 | 26,322 | 331 | 1,631 | |
43 |
2,645 | 4,874 | 5,183 | 4,543 | - | - | |
430/8 |
2,645 | 4,874 | 5,183 | 4,543 | - | - | |
44 |
6,230 | 948 | 3,023 | 718 | - | 853 | |
440/4 |
6,230 | 948 | 3,023 | 718 | - | 853 | |
45 |
91,842 | 77,745 | 46,749 | 21,061 | 331 | 777 | |
450/3 |
91,842 | 77,745 | 46,749 | 21,061 | 331 | 777 | |
47/48 |
601 | 1 | 1 | 1 | - | - | |
492/3 |
1,396 | 278 | 278 | 278 | 278 | - | |
| Income statement | |||||||
70 |
80,030 | 66,991 | 65,946 | 79,485 | 5,500 | 16,327 | |
9900 |
44,998 | 35,844 | 38,404 | 48,936 | -694 | 6,662 | |
60/61 |
35,031 | 31,146 | 27,542 | 30,549 | 6,194 | 9,664 | |
62 |
- | - | - | 250 | - | - | |
630 |
0 | 243 | 2 | - | - | - | |
640/8 |
7,995 | 5,600 | 3,603 | 2,350 | 359 | 4,653 | |
9901 |
37,003 | 30,001 | 34,799 | 46,336 | -1,052 | 2,010 | |
75/76B |
- | 6,407 | 5,872 | 3,265 | - | - | |
75 |
- | 6,407 | 5,872 | 3,265 | - | - | |
65/66B |
1,387 | 1,039 | 1,447 | 1,393 | 410 | 1,906 | |
65 |
1,387 | 1,039 | 1,447 | 1,393 | 410 | 1,906 | |
9903 |
35,616 | 35,369 | 39,224 | 48,207 | -1,462 | 103 | |
67/77 |
10,816 | 13,104 | 11,810 | 7,104 | - | - | |
9904 |
24,799 | 22,265 | 27,414 | 41,104 | -1,462 | 103 | |
689 |
- | 7,129 | - | - | - | - | |
9905 |
24,799 | 15,135 | 27,414 | 41,104 | -1,462 | 103 | |
| Appropriation of the result | |||||||
9906 |
107,094 | 82,294 | 67,159 | 39,745 | -1,359 | 103 | |
14P |
82,294 | 67,159 | 39,745 | -1,359 | 103 | - | |
691/2 |
- | 0 | - | - | - | - | |
6920 |
- | 0 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 4 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 10-05-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2022 annual accounts filed 284 days after the deadline. Filed on 10 May 2024, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2024-00087519.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 10-05-2024 | 2024-00087519 | |
| 31-12-2021 | full format | 12-06-2024 | 2024-00122499 | |
| 31-12-2020 | full format | 17-06-2024 | 2024-00132206 | |
| 31-12-2019 | full format | 17-06-2024 | 2024-00132204 | |
| 31-12-2018 | full format | 10-05-2024 | 2024-00089429 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41800381 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| 37,003 | 30,244 | 34,801 | - | - | - | ||
| 24,799 | 22,507 | 27,416 | - | - | - | ||
| 635 | 1,205 | 8 | - | - | 11,257 | ||
| 1,575 | -1,832 | -163 | 10,648 | -10,281 | - | ||
| 129,886 | 104,603 | 90,430 | 63,023 | 31,943 | 23,103 | ||
| 46.2% | 44.8% | 52.8% | 58.3% | -19.1% | 12.3% | ||
| 55.9% | 55.7% | 62.0% | 70.2% | 67.1% | 93.4% | ||
| 2.28 | 2.25 | 2.65 | 3.39 | 97.39 | 15.17 | ||
| 0.79 | 0.80 | 0.61 | 0.42 | 0.49 | 0.07 | ||
| 19.1% | 21.1% | 30.4% | 65.5% | -6.8% | 0.4% | ||
| 10.7% | 11.8% | 18.9% | 46.0% | -4.5% | 0.4% | ||
| 26.67 | 29.10 | 24.04 | - | - | - | ||
| 121 days | 156 days | 145 days | 86 days | 20 days | 7 days | ||
| 65 days | 11 days | 40 days | 9 days | - | 32 days |
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.
Investments
fixed assets acquired| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,205 | €8 | - | - |
| €0 | €243 | €2 | - | - |
Source: notes to the 2018 to 2022 annual accounts (statement of fixed assets)
Insights on ELECTRONIC DEVELOPMENT SECURITY
The operating result for 2022 is 23% higher than in 2021 and the highest since 2019. It is a recovery after the fall in 2021.
Debt's share of the balance-sheet total falls from 44.3% to 44.1%. Equity and debt are higher.