EVERAET
Open bankruptcyFinancials · financial year 2022, micro format
Annual accounts 2022 filed on 28-06-2023 PDF all 27 filings
Equity
-€34,233▼ 15.7%
2021 · -€29,591
Total assets
€42,137▼ 37.7%
2021 · €67,649
Net result
-€4,642▲ 69.8%
2021 · -€15,360
Working capital
-€32,436▼ 62.9%
2021 · -€19,918
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result for 2022 is a loss of €3,507, smaller than the loss of €13,502 in 2021.
Operating result-€0.004m
2022
Net result-€0.005m
2022
Total assets€0.04m
2022
Equity-€0.03m
2022
Debt€0.08m
2022
Working capital-€0.03m
2022
Staff (FTE)0.5
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.03m-€0.02m▼ 29.1%-€0.2m-€0.01m▲ 93.5%-€0.004m▲ 74.0%
Net result€0.006m-€0.005m▼ 9.2%-€0.2m-€0.02m▲ 93.3%-€0.005m▲ 69.8%
Equity€0.2m-€0.2m▲ 2.4%-€0.01m-€0.03m▼ 108%-€0.03m▼ 15.7%
Total assets€1.2m-€1.1m▼ 9.3%€0.2m▼ 80.7%€0.07m▼ 67.0%€0.04m▼ 37.7%
Debt€1.0m-€0.8m▼ 11.8%€0.2m▼ 74.1%€0.1m▼ 55.6%€0.08m▼ 21.5%
Working capital-€0.5m--€0.3m▲ 46.5%€0.02m-€0.02m-€0.03m▼ 62.9%
Staff (FTE)1.2-1.2=0.5▼ 58.3%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
Assets €42,137
Fixed assets
€2,861
Current assets
€39,276
Equity and liabilities
Equity-€34,233
Debt€76,370
Equity is negative. Debt (€76,370) exceeds the balance-sheet total (€42,137).
Key figures and ratios
EBITDA
-€3,418
Cash flow
-€4,553
Solvency
-81.2%▼
2021 · -43.7%
Current ratio
0.55▼
2021 · 0.77
ROA
-11.0%▲
2021 · -22.7%
Interest coverage
-3.46
Debt ≤ 1 year
€71,712▼
2021 · €87,566
Debt > 1 year
€4,658▼
2021 · €9,673
Income taxes
€149▲
2021 · €117
Staff costs
€0▼
2021 · €170
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.
Securities and guarantees
| Item | 2021 | 2022 |
|---|---|---|
| Pledge on other assets, amount secured | - | €3,120 |
Source: notes to the 2021 to 2022 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | - | €2,950 |
| Depreciation and write-downs of the year | - | €89 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €170 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147,413 | €149,220 | - | - | €89 | - |
| Other operating charges640/8 | - | - | - | €3,581 | €753 | ▼ 79.0% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - |
| Gross operating margin9900 | €231,643 | €223,658 | -€35,885 | -€9,752 | -€2,664 | ▲ 72.7% |
| Operating profit (loss)9901 | €29,398 | €20,853 | -€208,386 | -€13,502 | -€3,507 | ▲ 74.0% |
| Financial income75/76B | - | - | - | €0 | €1 | ▲ 900% |
| Recurring financial income75 | €30 | €191 | €13 | €0 | €1 | ▲ 900% |
| Financial charges65/66B | - | - | - | €1,740 | €986 | ▼ 43.3% |
| Recurring financial charges65 | €23,231 | €16,019 | €21,522 | €1,740 | €986 | ▼ 43.3% |
| Profit (loss) for the period before taxes9903 | €6,197 | €5,024 | -€229,894 | -€15,243 | -€4,493 | ▲ 70.5% |
| Income taxes67/77 | €667 | - | €233 | €117 | €149 | ▲ 27.7% |
| Profit (loss) for the period9904 | €5,530 | €5,024 | -€230,127 | -€15,360 | -€4,642 | ▲ 69.8% |
| Profit (loss) for the period to be appropriated9905 | €5,530 | €5,024 | -€230,127 | -€15,360 | -€4,642 | ▲ 69.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €0.2m | €0.07m | €0.04m | ▼ 37.7% |
| Fixed assets21/28 | €0.9m | €0.8m | - | - | €0.003m | - |
| Tangible fixed assets22/27 | €0.9m | €0.8m | - | - | €0.003m | - |
| Plant, machinery and equipment23 | - | - | - | - | €0.003m | - |
| Current assets29/58 | €0.3m | €0.2m | €0.2m | €0.07m | €0.04m | ▼ 41.9% |
| Stocks and contracts in progress3 | €0.03m | €0.04m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.03m | €0.03m | ▲ 2.2% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | ▼ 8.7% |
| Other amounts receivable41 | - | - | - | €0.004m | €0.006m | ▲ 63.0% |
| Cash at bank and in hand54/58 | €0.009m | €0.03m | €0.08m | €0.04m | €0.01m | ▼ 72.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.003m | ▼ 38.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €0.2m | €0.07m | €0.04m | ▼ 37.7% |
| Equity10/15 | €0.2m | €0.2m | -€0.01m | -€0.03m | -€0.03m | ▼ 15.7% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | = |
| Reserves13 | €0.1m | €0.1m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | - | - | -€0.1m | -€0.2m | -€0.2m | ▼ 3.0% |
| Amounts payable17/49 | €1.0m | €0.8m | €0.2m | €0.1m | €0.08m | ▼ 21.5% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.03m | €0.01m | €0.005m | ▼ 51.8% |
| Financial debts170/4 | - | - | - | €0.01m | €0.005m | ▼ 51.8% |
| Amounts payable within one year42/48 | €0.8m | €0.5m | €0.2m | €0.09m | €0.07m | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.005m | ▼ 75.3% |
| Trade debts44 | €0.4m | €0.2m | €0.1m | €0.06m | €0.07m | ▲ 5.3% |
| Suppliers440/4 | - | - | - | €0.06m | €0.07m | ▲ 5.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €373 | ▼ 46.0% |
| Taxes450/3 | - | - | - | €0.001m | €373 | ▼ 46.0% |
| Remuneration and social security454/9 | - | - | - | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €0.004m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,530 | €5,024 | -€230,127 | -€15,360 | -€4,642 | ▲ 69.8% |
| + Depreciation and write-downs630 | €147,413 | €149,220 | - | - | €89 | - |
| Operating cash flow (approximation) | €152,944 | €154,244 | -€230,127 | -€15,360 | -€4,553 | ▲ 70.4% |
| Investment in fixed assets (approximation) | - | -€46,517 | - | - | - | - |
| Change in cash | - | €23,133 | €47,410 | -€42,392 | -€27,193 | ▲ 35.9% |
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 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 28-06-2023 | 2023-00171708 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20216494 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43600600 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-35900068 | |
| 31-12-2018 | micro format | 22-08-2019 | 2019-48400554 | |
| 31-12-2017 | micro format | 22-08-2018 | 2018-49800103 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54200422 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-47700218 | |
| 31-12-2014 | abbreviated format | 22-07-2015 | 2015-33700079 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-52600100 |