FABISA
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2022
30 d late
2021
144 d late
2020
31 d early
2019
30 d early
2018
58 d late
2017
6 d early
2016
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 23 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
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Financials · fiscal year 2022, full schema
Turnover
€1.6m
EBIT margin
37.2%
Net result
€462,085▼ 1.7%
2021 · €470,145
Working capital
-€6.5m▼ 4,973%
2021 · -€128,005
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€1.6m
Operating result€183,195-€485,340▲ 165%€483,165▼ 0.4%€613,114▲ 26.9%€584,911▼ 4.6%
Net result-€159,793-€513,115€1.4m▲ 166%€470,145▼ 65.5%€462,085▼ 1.7%
EBIT margin37.2%
Equity€13.2m-€13.7m▲ 3.9%€15.1m▲ 10.0%€15.5m▲ 3.1%€16.0m▲ 3.0%
Total assets€17.0m-€16.9m▼ 0.5%€17.2m▲ 1.6%€17.3m▲ 0.7%€24.0m▲ 38.5%
Debt€3.8m-€3.2m▼ 15.6%€2.1m▼ 34.0%€1.8m▼ 16.4%€8.0m▲ 350%
Working capital-€2.8m--€2.2m▲ 18.8%-€567,758▲ 74.7%-€128,005▲ 77.5%-€6.5m▼ 4,973%
Staff (FTE)1.8-1.8=1.8=1.8=1.8=
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 5% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €24.0m
Fixed assets
€22.5m ▲ 43.6%
Current assets
€1.5m ▼ 10.0%
Equity and liabilities €24.0m
Equity
€16.0m ▲ 3.0%
Debt
€8.0m ▲ 350%
Debt's share of the balance-sheet total rises from 10.2% to 33.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.19▼
2021 · 0.93
Quick ratio
0.17▼
2021 · 0.87
Debt to equity
0.50▲
2021 · 0.11
ROE
2.9%▼
2021 · 3.0%
ROA
1.9%▼
2021 · 2.7%
Debt ≤ 1 year
€8.0m▲
2021 · €1.8m
Income taxes
€113,881▼
2021 · €152,937
Staff costs
€117,760▲
2021 · €88,208
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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €1.8m | - |
| Turnover70 | - | - | - | - | €1.6m | - |
| Other operating income74 | - | - | - | - | €7,651 | - |
| Non-recurring operating income76A | - | - | - | - | €186,986 | - |
| Operating charges60/66A | - | - | - | - | €1.2m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €107,357 | - |
| Purchases600/8 | - | - | - | - | €107,357 | - |
| Services and other goods61 | - | - | - | - | €956,704 | - |
| Remuneration, social security and pensions62 | - | - | - | €88,208 | €117,760 | ▲ 33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,191 | €2,063 | €408 | €408 | - | - |
| Other operating charges640/8 | - | - | - | €868 | €1,043 | ▲ 20.2% |
| Gross operating margin9900 | €268,129 | €571,930 | €567,138 | €702,598 | - | - |
| Operating profit (loss)9901 | €183,195 | €485,340 | €483,165 | €613,114 | €584,911 | ▼ 4.6% |
| Financial income75/76B | - | - | - | €71,967 | €2,264 | ▼ 96.9% |
| Recurring financial income75 | €82,145 | €178,293 | €1.2m | €71,967 | €2,264 | ▼ 96.9% |
| Other financial income752/9 | - | - | - | - | €2,264 | - |
| Financial charges65/66B | - | - | - | €61,998 | €11,210 | ▼ 81.9% |
| Recurring financial charges65 | €67,446 | €12,190 | €45,837 | €53,401 | €11,210 | ▼ 79.0% |
| Other financial charges652/9 | - | - | - | - | €11,210 | - |
| Non-recurring financial charges66B | - | - | - | €8,598 | - | - |
| Profit (loss) for the period before taxes9903 | -€69,482 | €651,443 | €1.5m | €623,083 | €575,966 | ▼ 7.6% |
| Income taxes67/77 | €90,312 | €138,329 | €127,081 | €152,937 | €113,881 | ▼ 25.5% |
| Taxes670/3 | - | - | - | - | €113,881 | - |
| Profit (loss) for the period9904 | -€159,793 | €513,115 | €1.4m | €470,145 | €462,085 | ▼ 1.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €139,500 | €93,000 | ▼ 33.3% |
| Transfer to tax-exempt reserves689 | - | - | - | €210,500 | - | - |
| Profit (loss) for the period to be appropriated9905 | €65,207 | €317,315 | €1.4m | €399,145 | €555,085 | ▲ 39.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.0m | €16.9m | €17.2m | €17.3m | €24.0m | ▲ 38.5% |
| Fixed assets21/28 | €16.0m | €16.0m | €15.7m | €15.7m | €22.5m | ▲ 43.6% |
| Tangible fixed assets22/27 | €1,655 | €817 | €408 | - | - | - |
| Financial fixed assets28 | €15.9m | €15.9m | €15.7m | €15.7m | €22.5m | ▲ 43.6% |
| Affiliated companies280/1 | - | - | - | - | €22.5m | - |
| Participating interests280 | - | - | - | - | €22.5m | - |
| Other financial fixed assets284/8 | - | - | - | - | €7,065 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €7,065 | - |
| Current assets29/58 | €1.0m | €955,771 | €1.5m | €1.6m | €1.5m | ▼ 10.0% |
| Stocks and contracts in progress3 | €133,363 | €107,745 | €101,860 | €98,614 | €98,614 | = |
| Stocks30/36 | - | - | - | €98,614 | €98,614 | = |
| Raw materials and consumables30/31 | - | - | - | - | €98,614 | - |
| Amounts receivable within one year40/41 | €481,622 | €643,256 | €933,724 | €1.4m | €1.1m | ▼ 20.3% |
| Trade receivables40 | - | - | - | €233,040 | €392,483 | ▲ 68.4% |
| Other amounts receivable41 | - | - | - | €1.2m | €750,000 | ▼ 37.5% |
| Cash at bank and in hand54/58 | €369,297 | €135,806 | €472,572 | €111,365 | €228,257 | ▲ 105% |
| Deferred charges and accrued income490/1 | - | - | - | - | €9,134 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.0m | €16.9m | €17.2m | €17.3m | €24.0m | ▲ 38.5% |
| Equity10/15 | €13.2m | €13.7m | €15.1m | €15.5m | €16.0m | ▲ 3.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | = |
| Reserves13 | €1.2m | €1.4m | €1.4m | €1.5m | €1.4m | ▼ 6.2% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €772,600 | €679,600 | ▼ 12.0% |
| Distributable reserves133 | - | - | - | €714,348 | €714,348 | = |
| Profit (loss) carried forward14 | €11.9m | €12.2m | €13.6m | €14.0m | €14.5m | ▲ 4.0% |
| Amounts payable17/49 | €3.8m | €3.2m | €2.1m | €1.8m | €8.0m | ▲ 350% |
| Amounts payable within one year42/48 | €3.8m | €3.2m | €2.1m | €1.8m | €8.0m | ▲ 350% |
| Financial debts43 | - | - | - | €1.4m | - | - |
| Other loans439 | - | - | - | €1.4m | - | - |
| Trade debts44 | €1.5m | €971,286 | €584,092 | €246,562 | €1.1m | ▲ 362% |
| Suppliers440/4 | - | - | - | €246,562 | €1.1m | ▲ 362% |
| Taxes, remuneration and social security45 | - | - | - | €77,664 | €83,696 | ▲ 7.8% |
| Taxes450/3 | - | - | - | €52,587 | €56,997 | ▲ 8.4% |
| Remuneration and social security454/9 | - | - | - | €25,077 | €26,700 | ▲ 6.5% |
| Other amounts payable47/48 | - | - | - | €46,798 | €6.7m | ▲ 14,321% |
| Accrued charges and deferred income492/3 | - | - | - | €990 | €5,945 | ▲ 501% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€159,793 | €513,115 | €1.4m | €470,145 | €462,085 | ▼ 1.7% |
| + Depreciation and write-downs630 | €3,191 | €2,063 | €408 | €408 | - | - |
| Operating cash flow (approximation) | -€156,603 | €515,178 | €1.4m | €470,554 | €462,085 | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | -€1,225 | €289,832 | €0 | -€6.8m | - |
| Change in cash | - | -€233,491 | €336,766 | -€361,206 | €116,892 | ▲ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 144 days late
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
22-03
State Gazette act
Board meeting · Director resignation
Director reappointment · Power of attorney
2020
30-09
Financial
Highest result since 2018net €1.4m ▲166%
Net result €1.4m, the highest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Back to profitnet €513,115
Net result €513,115 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-12
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 41 days late
2014
04-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
12 holdingsOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 12
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Show 2 more holdings
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According to the 2022 annual accounts of FABISA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1