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. It is the lowest result since 2021.
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 |