FEEDTRANS
InactiveInactive; last annual accounts for fiscal year 2023.
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 20-09-2023 was due by 20-04-2024 and was filed on 28-09-2023, 205 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
205 d early
2022
77 d early
2021
75 d early
2020
50 d early
2019
51 d early
2018
71 d early
2017
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 76 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€3.1m▼ 22.2%
2021 · €4.0m
EBIT margin
-2.7%▲ 2.9pp
2021 · -5.5%
Net result
€48,640▼ 87.2%
2022 · €380,820
Working capital
€1.3m▲ 208%
2021 · €432,890
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€6.8m▼ 23.6%€4.9m▼ 27.9%€4.0m▼ 18.1%€3.1m▼ 22.2%
Operating result€532,019▲ 253%€243,802▼ 54.2%-€220,165-€82,370▲ 62.6%€10,640
Net result€335,019€218,150▼ 34.9%-€142,271€380,820€48,640▼ 87.2%
EBIT margin7.9%▲ 6.2pp5.0%▼ 2.9pp-5.5%▼ 10.5pp-2.7%▲ 2.9pp
Equity€980,028▲ 51.9%€1.1m▲ 12.1%€955,907▼ 13.0%€1.3m▲ 39.8%€1.4m▲ 3.6%
Total assets€2.4m▼ 54.5%€3.7m▲ 51.8%€1.4m▼ 62.8%€2.0m▲ 42.1%€1.4m▼ 29.3%
Debt€1.4m▼ 70.3%€2.6m▲ 82.5%€423,113▼ 83.5%€623,426▲ 47.3%
Working capital-€247,025▲ 83.8%€287,128€432,890▲ 50.8%€1.3m▲ 208%
Staff (FTE)43.7▼ 21.1%
Why a figure moved sharply
- 2023 Net result -87% on 2022. This fiscal year ran 9 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €10,640 after a loss of €82,370 in 2022.
Key figures and ratios
Solvency
100.0%▲
2022 · 68.2%
ROE
3.5%▼
2022 · 28.5%
ROA
3.5%▼
2022 · 19.4%
Income taxes
€5,154▼
2022 · €134,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €4.3m | €3.2m | €15,294 | ▼ 99.5% |
| Turnover70 | €6.8m | €4.9m | €4.0m | €3.1m | - | - |
| Other operating income74 | - | - | €295,086 | €81,159 | €15,294 | ▼ 81.2% |
| Operating charges60/66A | - | - | €4.5m | €3.3m | €4,654 | ▼ 99.9% |
| Goods for resale, raw materials and consumables60 | - | - | €1.0m | €974,550 | €544 | ▼ 99.9% |
| Purchases600/8 | - | - | €1.0m | €974,550 | €544 | ▼ 99.9% |
| Services and other goods61 | - | - | €3.1m | €2.2m | €3,567 | ▼ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €683,739 | €438,447 | €350,250 | €4,500 | - | - |
| Other operating charges640/8 | - | - | €30,997 | €68,084 | €543 | ▼ 99.2% |
| Operating profit (loss)9901 | €532,019 | €243,802 | -€220,165 | -€82,370 | €10,640 | ▲ 113% |
| Financial income75/76B | - | - | €16,772 | €600,146 | €45,172 | ▼ 92.5% |
| Recurring financial income75 | €1 | €3,256 | €4,172 | €12,316 | €37,114 | ▲ 201% |
| Other financial income752/9 | - | - | €4,172 | €12,316 | €37,114 | ▲ 201% |
| Non-recurring financial income76B | - | - | €12,600 | €587,830 | €8,058 | ▼ 98.6% |
| Financial charges65/66B | - | - | €2,534 | €2,183 | €2,018 | ▼ 7.5% |
| Recurring financial charges65 | €16,807 | €4,110 | €2,534 | €2,183 | €2,018 | ▼ 7.5% |
| Debt charges650 | €12,139 | €1,401 | €488 | €82 | €140 | ▲ 71.5% |
| Other financial charges652/9 | - | - | €2,046 | €2,101 | €1,878 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €515,213 | €297,291 | -€205,927 | €515,593 | €53,793 | ▼ 89.6% |
| Transfer from deferred taxes780 | - | - | €58,020 | - | - | - |
| Transfer to deferred taxes680 | - | - | €11,365 | - | - | - |
| Income taxes67/77 | €122,174 | €90,507 | -€17,002 | €134,773 | €5,154 | ▼ 96.2% |
| Taxes670/3 | - | - | - | €134,773 | €5,154 | ▼ 96.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | €17,002 | - | - | - |
| Profit (loss) for the period9904 | €335,019 | €218,150 | -€142,271 | €380,820 | €48,640 | ▼ 87.2% |
| Transfer from tax-exempt reserves789 | - | - | €196,145 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | €85,077 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €196,894 | €245,207 | -€31,203 | €380,820 | €48,640 | ▼ 87.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €3.7m | €1.4m | €2.0m | €1.4m | ▼ 29.3% |
| Fixed assets21/28 | €1.4m | €874,728 | €523,017 | €3,304 | - | - |
| Tangible fixed assets22/27 | €1.3m | €867,033 | €523,017 | €3,304 | - | - |
| Plant, machinery and equipment23 | - | - | €14 | - | - | - |
| Furniture and vehicles24 | - | - | €505,452 | €3,304 | - | - |
| Leasing and similar rights25 | - | - | €17,551 | - | - | - |
| Financial fixed assets28 | €7,695 | €7,695 | - | - | - | - |
| Current assets29/58 | €1.1m | €2.8m | €856,003 | €2.0m | €1.4m | ▼ 29.2% |
| Amounts receivable within one year40/41 | €1.1m | €2.8m | €856,003 | €2.0m | - | - |
| Trade receivables40 | - | - | €411,884 | €278,675 | - | - |
| Other amounts receivable41 | - | - | €444,119 | €1.7m | - | - |
| Cash at bank and in hand54/58 | €2,187 | - | - | - | €1.4m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €3.7m | €1.4m | €2.0m | €1.4m | ▼ 29.3% |
| Equity10/15 | €980,028 | €1.1m | €955,907 | €1.3m | €1.4m | ▲ 3.6% |
| Contributions10/11 | €100,000 | - | €90,367 | €90,367 | €90,367 | = |
| Reserves13 | €1.1m | €1.0m | €865,540 | €1.2m | €1.3m | ▲ 3.9% |
| Tax-exempt reserves132 | - | - | €528,164 | €528,164 | €528,164 | = |
| Distributable reserves133 | - | - | €337,376 | €718,196 | €766,836 | ▲ 6.8% |
| Profit (loss) carried forward14 | -€188,598 | -€385,492 | - | - | - | - |
| Provisions and deferred taxes16 | €58,020 | €46,654 | - | - | - | - |
| Amounts payable17/49 | €1.4m | €2.6m | €423,113 | €623,426 | - | - |
| Amounts payable after more than one year17 | €71,198 | €17,023 | - | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €2.5m | €423,113 | €623,426 | - | - |
| Current portion of amounts payable after more than one year42 | - | - | €17,023 | - | - | - |
| Financial debts43 | - | - | - | €37,548 | - | - |
| Other loans439 | - | - | - | €37,548 | - | - |
| Trade debts44 | €474,998 | €2.3m | €406,089 | €451,105 | - | - |
| Suppliers440/4 | - | - | €406,089 | €451,105 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €134,773 | - | - |
| Taxes450/3 | - | - | - | €134,773 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €335,019 | €218,150 | -€142,271 | €380,820 | €48,640 | ▼ 87.2% |
| + Depreciation and write-downs630 | €683,739 | €438,447 | €350,250 | €4,500 | - | - |
| Operating cash flow (approximation) | €1.0m | €656,596 | €207,979 | €385,320 | €48,640 | ▼ 87.4% |
| Investment in fixed assets (approximation) | - | €43,098 | €1,461 | €515,213 | - | - |
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
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €380,820
Net result €380,820 after one loss-making year.
31-12
Financial
Equity above €1mEq €1.3m ▲39.8%
Equity rises from €955,907 to €1.3m.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1mEq €1.1m ▲12.1%
2 profitable years in a row build equity to €1.1m.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €335,019
Net result €335,019 after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
24-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 26 acts read
About the unread acts
We know of 26 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
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
Holdings 0
The accounts to 20-09-2023 list no holdings, and no other source names one.
According to the annual accounts to 20-09-2023 of FEEDTRANS 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
No current directors or connected companies found in the register.