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FAMILY SERVICES

Inactive
KBO/BCE: BE 0884.741.750

Inactive; last annual accounts for fiscal year 2022.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-04-2023, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2022
3 d early
2021
2 d early
2020
2 d early
2019
34 d late
2018
6 d early
2017
12 d early
2016
45 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, unclassified schema

Turnover
€11.86M▼ 29.6%
2021 · €16.85M
2018: €14.60M 2019: €16.49M 2020: €13.84M 2021: €16.85M
2018 → 2022
EBIT margin
4.9%▼ 0.5pp
2021 · 5.4%
2018: 5.6% 2019: 5.7% 2020: 7.3% 2021: 5.4%
2018 → 2022
Net result
€427k▼ 45.3%
2021 · €780k
2018: €560k 2019: €662k 2020: €979k 2021: €780k
2018 → 2022
Working capital
€517k▲ 417%
2021 · €100k
2018: €633k 2019: €360k 2020: €519k 2021: €100k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Turnover€14.60M-€16.49M▲ 12.9%€13.84M▼ 16.0%€16.85M▲ 21.7%€11.86M▼ 29.6%
Equity€127k-€140k▲ 9.7%€280k▲ 101%€121k▼ 56.7%€548k▲ 352%
Operating result€813k-€943k▲ 16.0%€1.01M▲ 7.3%€912k▼ 9.9%€585k▼ 35.9%
Net result€560k-€662k▲ 18.3%€979k▲ 47.7%€780k▼ 20.3%€427k▼ 45.3%
Result per fiscal year
Operating resultNet result
€0€500k€1.00MOperating result 2018: €813k€813kNet result 2018: €560k€560kOperating result 2019: €943k€943kNet result 2019: €662k€662kOperating result 2020: €1.01M€1.01MNet result 2020: €979k€979kOperating result 2021: €912k€912kNet result 2021: €780k€780kOperating result 2022: €585k€585kNet result 2022: €427k€427k20182019202020212022€0€500k€1MOperating result 2020: €1.01M€1MNet result 2020: €979k€979kOperating result 2021: €912k€912kNet result 2021: €780k€780kOperating result 2022: €585k€585kNet result 2022: €427k€427k202020212022
The operating result has fallen two years in a row; 2022 is 36% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.53M
Fixed assets €114k ▲ 2.5%
Current assets €2.42M ▼ 29.3%
Equity and liabilities €2.53M
Equity €548k ▲ 352%
Debt €1.99M ▼ 41.8%
Debt's share of the balance-sheet total falls from 96.6% to 78.4%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€608k
2021 · €940k
Cash flow
€450k
2021 · €808k
Current ratio
1.27
2021 · 1.03
Debt to equity
3.62
2021 · 28.16
ROE
77.9%
2021 · 643.6%
ROA
16.9%
2021 · 22.1%
Interest coverage
149.51
2021 · 315.40
Debt ≤ 1 year
€1.90M
2021 · €3.32M
Income taxes
€151k
2021 · €125k
Staff costs
€10.88M
2021 · €15.74M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 60 lines
Balance sheet Code20212022
Assets
Total assets20/58€3.53M€2.53M
Fixed assets21/28€111k€114k
Tangible fixed assets22/27€82k€83k
Plant, machinery and equipment23€3k€25k
Furniture and vehicles24€51k€34k
Other tangible fixed assets26€28k€24k
Financial fixed assets28€30k€31k
Other financial fixed assets284/8€30k€31k
Amounts receivable and cash guarantees285/8€30k€31k
Current assets29/58€3.42M€2.42M
Amounts receivable within one year40/41€1.68M€1.47M
Trade receivables40€1.39M€1.06M
Other amounts receivable41€282k€411k
Current investments50/53€20k€106k
Other investments51/53€20k€106k
Cash at bank and in hand54/58€1.67M€739k
Deferred charges and accrued income490/1€56k€103k
Equity and liabilities
Total equity and liabilities10/49€3.53M€2.53M
Equity10/15€121k€548k
Contributions10/11€19k€19k=
Reserves13€102k€102k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€730€428k
Amounts payable17/49€3.41M€1.99M
Amounts payable within one year42/48€3.32M€1.90M
Current portion of amounts payable after more than one year42-€63k
Trade debts44€220k€99k
Suppliers440/4€220k€99k
Taxes, remuneration and social security45€2.16M€1.70M
Taxes450/3€48k€34k
Remuneration and social security454/9€2.11M€1.67M
Other amounts payable47/48€946k€37k
Accrued charges and deferred income492/3€90k€83k
Income statement Code20212022
Operating income70/76A€17.56M€12.14M
Turnover70€16.85M€11.86M
Other operating income74€706k€278k
Operating charges60/66A€16.64M€11.55M
Services and other goods61€873k€645k
Remuneration, social security and pensions62€15.74M€10.88M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€23k
Other operating charges640/8€8k€4k
Operating profit (loss)9901€912k€585k
Financial charges65/66B€6k€7k
Recurring financial charges65€6k€7k
Debt charges650€3k€4k
Other financial charges652/9€3k€3k
Profit (loss) for the period before taxes9903€905k€578k
Income taxes67/77€125k€151k
Taxes670/3€125k€151k
Profit (loss) for the period9904€780k€427k
Profit (loss) for the period to be appropriated9905€780k€427k
Appropriation of the result
Profit (loss) to be appropriated9906€921k€428k
Profit (loss) brought forward from the previous period14P€141k€730
Transfer from equity791/2€19k-
From reserves792€19k-
Profit to be distributed694/7€939k-
Return on contributions (dividend)694€939k-
Social balance
Average headcount (FTE)9087620.0438.0

The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
27-04
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
08-11
State Gazette act General meeting · Merger
Dissolution · Capital increase
30-09
Financial Weakest financial yearnet €427k ▼45.3%
Net result drops to €427k, the lowest in the series.
30-09
Financial Equity above €500kEq €548k ▲352%
5 profitable years in a row build equity to €548k.
22-08
State Gazette act Merger · Capital
Share issue · Accounting effect
29-07
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial Highest result since 2018net €979k ▲47.7%
Operating result €1.01M, net result €979k, both a record.
31-12
Financial Equity above €200kEq €280k ▲101%
3 profitable years in a row build equity to €280k.
03-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 34 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
16-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
29-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
11-07
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.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:HOME SWEET HOME
BE 0879.441.590merger by absorption · State Gazette act of 08-11-2022 (2 acts) · effective 30-09-2022

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 63,611 EUR awarded · 63,611 EUR paid
Year Entries awardedpaid
2024 1 -292 EUR0 EUR
2023 1 54 EUR54 EUR
2022 2 63,849 EUR63,557 EUR
Schemes
Dienstencheques
2 entries · 63,611 EUR · 63,611 EUR paid · Departement Werk en Sociale Economie
Opleidingsfonds dienstencheques
2 entries · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300E8KUI4SFL0L417
no longer live in the LEI register