ERTALYN
Open bankruptcyFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 10-07-2025 PDF all 24 filings
Equity
-€109,575▼ 3.4%
2023 · -€105,988
Total assets
€5,742▼ 18.9%
2023 · €7,078
Net result
-€3,587▲ 31.4%
2023 · -€5,230
Working capital
-€29,041▼ 14.1%
2023 · -€25,454
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€3,483
▼ 18.6%
2024
20182024
Net result
-€3,587
▲ 31.4%
2024
20182024
Equity
-€109,575
▼ 3.4%
2024
20182024
Total assets
€5,742
▼ 18.9%
2024
20182024
Debt
€115,317
▲ 2.0%
2024
20182024
Working capital
-€29,041
▼ 14.1%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€4,156-€1,984▲ 52.3%-€2,936▼ 48.0%-€3,483▼ 18.6%
Net result-€4,425-€1,984▲ 55.2%-€5,230▼ 164%-€3,587▲ 31.4%
Equity-€94,350--€94,350=-€94,350=-€98,775▼ 4.7%-€100,759▼ 2.0%-€105,988▼ 5.2%-€109,575▼ 3.4%
Total assets€7,375-€7,375=€7,375=€7,370▼ 0.1%€7,261▼ 1.5%€7,078▼ 2.5%€5,742▼ 18.9%
Debt€101,725-€101,725=€101,725=€106,145▲ 4.3%€108,020▲ 1.8%€113,066▲ 4.7%€115,317▲ 2.0%
Working capital-€13,816--€13,816=-€13,816=-€18,241▼ 32.0%-€20,225▼ 10.9%-€25,454▼ 25.9%-€29,041▼ 14.1%
The operating result for 2024 is a loss of €3,483, larger than the loss of €2,936 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Current ratio
0.17▼
2023 · 0.22
ROA
-62.5%▲
2023 · -73.9%
Debt ≤ 1 year
€34,783▲
2023 · €32,532
Debt > 1 year
€80,534=
2023 · €80,534
A ratio outside any meaningful range has been withheld (balance sheet total €5,742, equity -€109,575).
Debt to equity is not shown because equity is negative. Debt divided by negative 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 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €2,271 | €1,094 | €962 | €978 | ▲ 1.7% |
| Gross operating margin9900 | - | - | - | -€1,885 | -€889 | -€1,974 | -€2,505 | ▼ 26.9% |
| Operating profit (loss)9901 | - | - | - | -€4,156 | -€1,984 | -€2,936 | -€3,483 | ▼ 18.6% |
| Financial charges65/66B | - | - | - | €269 | - | €2,294 | €104 | ▼ 95.5% |
| Recurring financial charges65 | - | - | - | €269 | - | €2,294 | €104 | ▼ 95.5% |
| Profit (loss) for the period before taxes9903 | - | - | - | -€4,425 | -€1,984 | -€5,230 | -€3,587 | ▲ 31.4% |
| Profit (loss) for the period9904 | - | - | - | -€4,425 | -€1,984 | -€5,230 | -€3,587 | ▲ 31.4% |
| Profit (loss) for the period to be appropriated9905 | - | - | - | -€4,425 | -€1,984 | -€5,230 | -€3,587 | ▲ 31.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €7,375 | €7,375 | €7,375 | €7,370 | €7,261 | €7,078 | €5,742 | ▼ 18.9% |
| Current assets29/58 | €7,375 | €7,375 | €7,375 | €7,370 | €7,261 | €7,078 | €5,742 | ▼ 18.9% |
| Amounts receivable within one year40/41 | €5,185 | €5,185 | €5,185 | €5,185 | €7,261 | €7,078 | €5,742 | ▼ 18.9% |
| Other amounts receivable41 | €5,185 | €5,185 | €5,185 | €5,185 | €7,261 | €7,078 | €5,742 | ▼ 18.9% |
| Cash at bank and in hand54/58 | €2,190 | €2,190 | €2,190 | €2,184 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €7,375 | €7,375 | €7,375 | €7,370 | €7,261 | €7,078 | €5,742 | ▼ 18.9% |
| Equity10/15 | -€94,350 | -€94,350 | -€94,350 | -€98,775 | -€100,759 | -€105,988 | -€109,575 | ▼ 3.4% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Capital10 | €19,000 | €19,000 | €19,000 | - | - | - | - | - |
| Issued capital100 | €19,000 | €19,000 | €19,000 | - | - | - | - | - |
| Reserves13 | €615 | €615 | €615 | €615 | €615 | €615 | €615 | = |
| Non-distributable reserves130/1 | €31 | €31 | €31 | €31 | €31 | €31 | €31 | = |
| Legal reserve130 | €31 | €31 | €31 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €31 | €31 | €31 | €31 | = |
| Distributable reserves133 | €584 | €584 | €584 | €584 | €584 | €584 | €584 | = |
| Profit (loss) carried forward14 | -€113,965 | -€113,965 | -€113,965 | -€118,390 | -€120,374 | -€125,603 | -€129,190 | ▼ 2.9% |
| Amounts payable17/49 | €101,725 | €101,725 | €101,725 | €106,145 | €108,020 | €113,066 | €115,317 | ▲ 2.0% |
| Amounts payable after more than one year17 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | = |
| Financial debts170/4 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | €80,534 | = |
| Amounts payable within one year42/48 | €21,191 | €21,191 | €21,191 | €25,611 | €27,486 | €32,532 | €34,783 | ▲ 6.9% |
| Current portion of amounts payable after more than one year42 | €8,247 | €8,247 | €8,247 | €8,247 | €8,247 | €8,247 | €8,247 | = |
| Trade debts44 | - | - | - | - | €1,237 | €878 | €2,050 | ▲ 133% |
| Suppliers440/4 | - | - | - | - | €1,237 | €878 | €2,050 | ▲ 133% |
| Taxes, remuneration and social security45 | €118 | €118 | €118 | €118 | - | - | - | - |
| Taxes450/3 | €118 | €118 | €118 | €118 | - | - | - | - |
| Other amounts payable47/48 | €12,826 | €12,826 | €12,826 | €17,245 | €18,002 | €23,407 | €24,486 | ▲ 4.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | - | - | -€4,425 | -€1,984 | -€5,230 | -€3,587 | ▲ 31.4% |
| Operating cash flow (approximation) | - | - | - | -€4,425 | -€1,984 | -€5,230 | -€3,587 | ▲ 31.4% |
| Change in cash | - | €0 | €0 | -€5 | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 10-07-2025 | 2025-00256702 | |
| 31-12-2023 | micro format | 28-04-2025 | 2025-00087889 | |
| 31-12-2022 | micro format | 11-09-2023 | 2023-00444117 | |
| 31-12-2021 | micro format | 03-05-2023 | 2023-00084306 | |
| 31-12-2020 | micro format | 11-04-2023 | 2023-00058983 | |
| 31-12-2019 | micro format | 04-04-2023 | 2023-00054533 | |
| 31-12-2018 | micro format | 06-04-2023 | 2023-00055043 | |
| 31-12-2017 | micro format | 20-03-2023 | 2023-00046154 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100278 | |
| 31-12-2015 | abbreviated format | 24-09-2016 | 2016-61400366 |