FEEDTRANS
InactiveFinancials · financial year 2023, full format
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
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €10,640 after a loss of €82,370 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€3.1m
2022
Operating result€0.01m
2023
Net result€0.05m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2023
Equity€1.4m
2023
Debt€0.6m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.3m
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-2.7%
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)43.7
2019
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€8.8m-€6.8m▼ 23.6%€4.9m▼ 27.9%€4.0m▼ 18.1%€3.1m▼ 22.2%
Operating result€0.2m-€0.5m▲ 253%€0.2m▼ 54.2%-€0.2m-€0.08m▲ 62.6%€0.01m
Net result-€0.5m-€0.3m€0.2m▼ 34.9%-€0.1m€0.4m€0.05m▼ 87.2%
EBIT margin1.7%-7.9%▲ 6.2pp5.0%▼ 2.9pp-5.5%▼ 10.5pp-2.7%▲ 2.9pp
Equity€0.6m-€1.0m▲ 51.9%€1.1m▲ 12.1%€1.0m▼ 13.0%€1.3m▲ 39.8%€1.4m▲ 3.6%
Total assets€5.4m-€2.4m▼ 54.5%€3.7m▲ 51.8%€1.4m▼ 62.8%€2.0m▲ 42.1%€1.4m▼ 29.3%
Debt€4.7m-€1.4m▼ 70.3%€2.6m▲ 82.5%€0.4m▼ 83.5%€0.6m▲ 47.3%
Working capital-€1.5m--€0.2m▲ 83.8%€0.3m€0.4m▲ 50.8%€1.3m▲ 208%
Staff (FTE)55.4-43.7▼ 21.1%
Why a figure moved sharply
- 2023 Net result -87% on 2022. This financial year ran 9 months, the previous one 12.
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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €4.3m | €3.2m | €0.02m | ▼ 99.5% |
| Turnover70 | €8.8m | €6.8m | €4.9m | €4.0m | €3.1m | - | - |
| Other operating income74 | - | - | - | €0.3m | €0.08m | €0.02m | ▼ 81.2% |
| Operating charges60/66A | - | - | - | €4.5m | €3.3m | €0.005m | ▼ 99.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €1.0m | €1.0m | €0.001m | ▼ 99.9% |
| Purchases600/8 | - | - | - | €1.0m | €1.0m | €0.001m | ▼ 99.9% |
| Services and other goods61 | - | - | - | €3.1m | €2.2m | €0.004m | ▼ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.0m | €0.7m | €0.4m | €0.4m | €0.005m | - | - |
| Other operating charges640/8 | - | - | - | €0.03m | €0.07m | €0.001m | ▼ 99.2% |
| Operating profit (loss)9901 | €0.2m | €0.5m | €0.2m | -€0.2m | -€0.08m | €0.01m | - |
| Financial income75/76B | - | - | - | €0.02m | €0.6m | €0.05m | ▼ 92.5% |
| Recurring financial income75 | €5 | €1 | €0.003m | €0.004m | €0.01m | €0.04m | ▲ 201% |
| Other financial income752/9 | - | - | - | €0.004m | €0.01m | €0.04m | ▲ 201% |
| Non-recurring financial income76B | - | - | - | €0.01m | €0.6m | €0.008m | ▼ 98.6% |
| Financial charges65/66B | - | - | - | €0.003m | €0.002m | €0.002m | ▼ 7.5% |
| Recurring financial charges65 | €0.03m | €0.02m | €0.004m | €0.003m | €0.002m | €0.002m | ▼ 7.5% |
| Debt charges650 | €0.007m | €0.01m | €0.001m | €488 | €82 | €140 | ▲ 71.5% |
| Other financial charges652/9 | - | - | - | €0.002m | €0.002m | €0.002m | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | -€0.5m | €0.5m | €0.3m | -€0.2m | €0.5m | €0.05m | ▼ 89.6% |
| Transfer from deferred taxes780 | - | - | - | €0.06m | - | - | - |
| Transfer to deferred taxes680 | - | - | - | €0.01m | - | - | - |
| Income taxes67/77 | €0.03m | €0.1m | €0.09m | -€0.02m | €0.1m | €0.005m | ▼ 96.2% |
| Taxes670/3 | - | - | - | - | €0.1m | €0.005m | ▼ 96.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.02m | - | - | - |
| Profit (loss) for the period9904 | -€0.5m | €0.3m | €0.2m | -€0.1m | €0.4m | €0.05m | ▼ 87.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.2m | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0.09m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€0.6m | €0.2m | €0.2m | -€0.03m | €0.4m | €0.05m | ▼ 87.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €5.4m | €2.4m | €3.7m | €1.4m | €2.0m | €1.4m | ▼ 29.3% |
| Fixed assets21/28 | €2.3m | €1.4m | €0.9m | €0.5m | €0.003m | - | - |
| Tangible fixed assets22/27 | €2.3m | €1.3m | €0.9m | €0.5m | €0.003m | - | - |
| Plant, machinery and equipment23 | - | - | - | €14 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.5m | €0.003m | - | - |
| Leasing and similar rights25 | - | - | - | €0.02m | - | - | - |
| Financial fixed assets28 | €0.008m | €0.008m | €0.008m | - | - | - | - |
| Current assets29/58 | €3.1m | €1.1m | €2.8m | €0.9m | €2.0m | €1.4m | ▼ 29.2% |
| Stocks and contracts in progress3 | €0.05m | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.9m | €1.1m | €2.8m | €0.9m | €2.0m | - | - |
| Trade receivables40 | - | - | - | €0.4m | €0.3m | - | - |
| Other amounts receivable41 | - | - | - | €0.4m | €1.7m | - | - |
| Cash at bank and in hand54/58 | €0.06m | €0.002m | - | - | - | €1.4m | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €5.4m | €2.4m | €3.7m | €1.4m | €2.0m | €1.4m | ▼ 29.3% |
| Equity10/15 | €0.6m | €1.0m | €1.1m | €1.0m | €1.3m | €1.4m | ▲ 3.6% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.9m | €1.1m | €1.0m | €0.9m | €1.2m | €1.3m | ▲ 3.9% |
| Tax-exempt reserves132 | - | - | - | €0.5m | €0.5m | €0.5m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.7m | €0.8m | ▲ 6.8% |
| Profit (loss) carried forward14 | -€0.4m | -€0.2m | - | - | - | - | - |
| Provisions and deferred taxes16 | - | €0.06m | €0.05m | - | - | - | - |
| Amounts payable17/49 | €4.7m | €1.4m | €2.6m | €0.4m | €0.6m | - | - |
| Amounts payable after more than one year17 | €0.2m | €0.07m | €0.02m | - | - | - | - |
| Amounts payable within one year42/48 | €4.6m | €1.3m | €2.5m | €0.4m | €0.6m | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | - | - | - |
| Financial debts43 | - | - | - | - | €0.04m | - | - |
| Other loans439 | - | - | - | - | €0.04m | - | - |
| Trade debts44 | €0.7m | €0.5m | €2.3m | €0.4m | €0.5m | - | - |
| Suppliers440/4 | - | - | - | €0.4m | €0.5m | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.1m | - | - |
| Taxes450/3 | - | - | - | - | €0.1m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.5m | €0.3m | €0.2m | -€0.1m | €0.4m | €0.05m | ▼ 87.2% |
| + Depreciation and write-downs630 | €1.0m | €0.7m | €0.4m | €0.4m | €0.005m | - | - |
| Operating cash flow (approximation) | €0.5m | €1.0m | €0.7m | €0.2m | €0.4m | €0.05m | ▼ 87.4% |
| Investment in fixed assets (approximation) | - | €0.3m | €0.04m | €0.001m | €0.5m | - | - |
| Change in cash | - | -€0.06m | - | - | - | - | - |
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 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 20-09-2023 | full format | 28-09-2023 | 2023-00461700 |
| 31-12-2022 | full format | 15-05-2023 | 2023-00088541 |
| 31-12-2021 | full format | 17-05-2022 | 2022-20029405 |
| 31-12-2020 | full format | 11-06-2021 | 2021-19500085 |
| 31-12-2019 | full format | 10-06-2020 | 2020-16000422 |
| 31-12-2018 | full format | 21-05-2019 | 2019-13800536 |
| 31-12-2017 | full format | 25-07-2018 | 2018-37800553 |
| 31-12-2016 | full format | 30-06-2017 | 2017-26300588 |
| 31-12-2015 | full format | 24-06-2016 | 2016-22600377 |
| 31-12-2014 | full format | 24-04-2015 | 2015-10200553 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.