ESKIOGLU
Open bankruptcyFinancials · financial year 2022, micro format
2022 annual accounts filed late (88 days) Filed on 27 October 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00494086.
Turnover
≈ €320,000
Estimated: probably between €160,000 and €430,000
Total assets
€334,492▲ 23.4%
2021 · €271,121
Net result
€27,748▼ 19.2%
2021 · €34,359
Working capital
€196,000▲ 2.6%
2021 · €191,027
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result falls in 2022; 2022 is 5% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€39,767
2022
Net result€27,748
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€334,492
2022
Equity€141,547
2022
Debt€192,945
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€196,000
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.3%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency42.3%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.71
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€550-€29,136▲ 53×€537▼ 98.2%€42,035▲ 78×€39,767▼ 5.4%
Net result€336-€20,009▲ 60×€668within the sector's middle half▼ 96.7%€34,359above the sector's middle half▲ 51×€27,748above the sector's middle half▼ 19.2%
Equity€58,775-€78,784▲ 34.0%€79,452within the sector's middle half▲ 0.8%€113,799within the sector's middle half▲ 43.2%€141,547above the sector's middle half▲ 24.4%
Total assets€213,270-€228,762▲ 7.3%€217,089within the sector's middle half▼ 5.1%€271,121within the sector's middle half▲ 24.9%€334,492above the sector's middle half▲ 23.4%
Debt€154,495-€149,978▼ 2.9%€137,637▼ 8.2%€157,322▲ 14.3%€192,945▲ 22.6%
Working capital€137,462-€162,659▲ 18.3%€161,817above the sector's middle half▼ 0.5%€191,027above the sector's middle half▲ 18.1%€196,000above the sector's middle half▲ 2.6%
Solvency27.6%-34.4%▲ 6.9pp36.6%within the sector's middle half▲ 2.2pp42.0%within the sector's middle half▲ 5.4pp42.3%within the sector's middle half▲ 0.3pp
Current ratio2.85-3.47▲ 0.623.93above the sector's middle half▲ 0.474.23above the sector's middle half▲ 0.292.71above the sector's middle half▼ 1.52
Return on assets (ROA)0.2%-8.7%▲ 8.6pp0.3%within the sector's middle half▼ 8.4pp12.7%within the sector's middle half▲ 12.4pp8.3%within the sector's middle half▼ 4.4pp
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €334,492
Fixed assets
€23,713 ▲ 13.3%
Current assets
€310,779 ▲ 24.2%
Equity and liabilities €334,492
Equity
€141,547 ▲ 24.4%
Debt
€192,945 ▲ 22.6%
Debt's share of the balance-sheet total falls from 58.0% to 57.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,477▲
2021 · €44,783
Cash flow
€34,458▼
2021 · €37,107
Quick ratio
0.96▲
2021 · 0.21
Debt to equity
1.36▼
2021 · 1.38
ROE
19.6%▼
2021 · 30.2%
Interest coverage
19.53▼
2021 · 35.66
Debt ≤ 1 year
€114,779▲
2021 · €59,167
Debt > 1 year
€74,608▼
2021 · €95,665
Income taxes
€9,700▲
2021 · €7,500
Staff costs
€15,335
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,730 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €15,335 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,563 | €1,188 | - | €2,748 | €6,710 | ▲ 144% |
| Other operating charges640/8 | - | - | - | €1,650 | €3,285 | ▲ 99.1% |
| Gross operating margin9900 | €3,934 | €34,015 | €2,606 | €46,433 | €65,097 | ▲ 40.2% |
| Operating profit (loss)9901 | €550 | €29,136 | €537 | €42,035 | €39,767 | ▼ 5.4% |
| Financial income75/76B | - | - | - | €1,080 | €61 | ▼ 94.4% |
| Recurring financial income75 | - | - | €239 | €1,080 | €61 | ▼ 94.4% |
| Financial charges65/66B | - | - | - | €1,256 | €2,380 | ▲ 89.5% |
| Recurring financial charges65 | €214 | €228 | €107 | €1,256 | €2,380 | ▲ 89.5% |
| Profit (loss) for the period before taxes9903 | €336 | €28,909 | €668 | €41,859 | €37,448 | ▼ 10.5% |
| Income taxes67/77 | - | €8,900 | - | €7,500 | €9,700 | ▲ 29.3% |
| Profit (loss) for the period9904 | €336 | €20,009 | €668 | €34,359 | €27,748 | ▼ 19.2% |
| Profit (loss) for the period to be appropriated9905 | €336 | €20,009 | €668 | €34,359 | €27,748 | ▼ 19.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213,270 | €228,762 | €217,089 | €271,121 | €334,492 | ▲ 23.4% |
| Fixed assets21/28 | €1,313 | €125 | €125 | €20,927 | €23,713 | ▲ 13.3% |
| Tangible fixed assets22/27 | €1,188 | - | - | €20,802 | €23,588 | ▲ 13.4% |
| Plant, machinery and equipment23 | - | - | - | - | €364 | - |
| Furniture and vehicles24 | - | - | - | €20,802 | €23,224 | ▲ 11.6% |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €211,957 | €228,637 | €216,964 | €250,194 | €310,779 | ▲ 24.2% |
| Stocks and contracts in progress3 | €208,006 | €219,256 | €210,183 | €237,983 | €200,229 | ▼ 15.9% |
| Stocks30/36 | - | - | - | €237,983 | €200,229 | ▼ 15.9% |
| Amounts receivable within one year40/41 | - | - | €469 | €4,888 | - | - |
| Other amounts receivable41 | - | - | - | €4,888 | - | - |
| Cash at bank and in hand54/58 | €3,951 | €8,382 | €5,312 | €6,323 | €109,550 | ▲ 17× |
| Deferred charges and accrued income490/1 | - | - | - | €1,000 | €1,000 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213,270 | €228,762 | €217,089 | €271,121 | €334,492 | ▲ 23.4% |
| Equity10/15 | €58,775 | €78,784 | €79,452 | €113,799 | €141,547 | ▲ 24.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €51,602 | €60,184 | €60,852 | €95,199 | €122,947 | ▲ 29.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €93,339 | €121,087 | ▲ 29.7% |
| Profit (loss) carried forward14 | -€11,427 | - | - | - | - | - |
| Amounts payable17/49 | €154,495 | €149,978 | €137,637 | €157,322 | €192,945 | ▲ 22.6% |
| Amounts payable after more than one year17 | €80,000 | €80,000 | €80,000 | €95,665 | €74,608 | ▼ 22.0% |
| Financial debts170/4 | - | - | - | €95,665 | €74,608 | ▼ 22.0% |
| Amounts payable within one year42/48 | €74,495 | €65,978 | €55,147 | €59,167 | €114,779 | ▲ 94.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,439 | €4,557 | ▲ 2.7% |
| Trade debts44 | €16,269 | €23,873 | €18,925 | €36,103 | €81,353 | ▲ 125% |
| Suppliers440/4 | - | - | - | €36,103 | €81,353 | ▲ 125% |
| Taxes, remuneration and social security45 | - | - | - | €18,625 | €14,356 | ▼ 22.9% |
| Taxes450/3 | - | - | - | €18,625 | €14,356 | ▼ 22.9% |
| Other amounts payable47/48 | - | - | - | - | €14,513 | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,490 | €3,558 | ▲ 42.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €336 | €20,009 | €668 | €34,359 | €27,748 | ▼ 19.2% |
| + Depreciation and write-downs630 | €1,563 | €1,188 | - | €2,748 | €6,710 | ▲ 144% |
| Operating cash flow (approximation) | €1,899 | €21,197 | €668 | €37,107 | €34,458 | ▼ 7.1% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€23,550 | -€9,496 | ▲ 59.7% |
| Change in cash | - | €4,431 | -€3,069 | €1,011 | €103,227 | ▲ 102× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 27-10-2023 | 2023-00494086 |
| 31-12-2021 | micro format | 24-11-2022 | 2022-20524551 |
| 31-12-2020 | micro format | 17-12-2021 | 2021-81500335 |
| 31-12-2019 | micro format | 04-03-2021 | 2021-06900235 |
| 31-12-2018 | micro format | 31-12-2019 | 2019-78000069 |
| 31-12-2017 | abbreviated format | 10-12-2018 | 2018-74000380 |
| 31-12-2016 | abbreviated format | 11-07-2018 | 2018-31500136 |
| 31-12-2015 | abbreviated format | 07-02-2017 | 2017-04100075 |
| 31-12-2014 | abbreviated format | 10-09-2015 | 2015-58400199 |
| 31-12-2013 | abbreviated format | 19-05-2015 | 2015-12400096 |
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Of the 2,005 active companies whose main activity is retail sale of watches and jewellery (NACE 47770), figures are known for 925. 725 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.