FINCA
InactiveFinancials · financial year 2022, micro format
2022 annual accounts filed 322 days after the deadline Filed on 17 June 2024, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2024-00144082.
Annual accounts 2022 filed on 17-06-2024 PDF all 10 filings
Turnover
€54,092
2018 · €0
EBIT margin
65.1%
Net result
€4,527▼ 86.0%
2021 · €32,293
Working capital
-€1,700▲ 59.0%
2021 · -€4,142
Multi-year overview
2018 to 2022, 4 financial yearsTurnover
no figure
2022
20182022
Operating result
€4,650
▼ 86.8%
2022
20182022
Net result
€4,527
▼ 86.0%
2022
20182022
EBIT margin
no figure
2022
20182022
Equity
€385
2022
20182022
Total assets
€7,768
▲ 140%
2022
20182022
Debt
€7,383
=
2022
20182022
Working capital
-€1,700
▲ 59.0%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018202020212022
Turnover€0-€54,092
Operating result-€400-€35,213€4,650▼ 86.8%
Net result-€6,626--€5,798-€32,293€4,527▼ 86.0%
EBIT margin65.1%
Equity€16,288-€6,165--€4,142€385
Total assets€105,665-€85,985-€3,243▼ 96.2%€7,768▲ 140%
Debt€89,377-€79,820-€7,385▼ 90.7%€7,383=
Working capital€341--€4,142-€1,700▲ 59.0%
The operating result for 2022 is 87% lower than in 2021.
Balance-sheet composition
Assets €7,768
Fixed assets
€2,085
Current assets
€5,683
Equity and liabilities €7,768
Equity
€385
Debt
€7,383
Debt's share of the balance-sheet total is 95.0%.
Key figures and ratios
Current ratio
0.77
ROA
58.3%
Debt ≤ 1 year
€7,383=
2021 · €7,385
Staff costs
€7,132
The equity ratios are withheld because equity of €385 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Financial fixed assets | - | €2,085 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | €0 | - | €54,092 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €18,531 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €7,132 | - |
| Other operating charges640/8 | - | - | €348 | €1,004 | ▲ 189% |
| Gross operating margin9900 | - | - | €35,561 | €12,787 | ▼ 64.0% |
| Operating profit (loss)9901 | -€400 | - | €35,213 | €4,650 | ▼ 86.8% |
| Financial income75/76B | - | - | - | €6 | - |
| Recurring financial income75 | - | - | - | €6 | - |
| Financial charges65/66B | - | - | €2,920 | €130 | ▼ 95.6% |
| Recurring financial charges65 | €6,226 | €5,798 | €2,920 | €130 | ▼ 95.6% |
| Profit (loss) for the period before taxes9903 | -€6,626 | -€5,798 | €32,293 | €4,527 | ▼ 86.0% |
| Profit (loss) for the period9904 | -€6,626 | -€5,798 | €32,293 | €4,527 | ▼ 86.0% |
| Profit (loss) for the period to be appropriated9905 | -€6,626 | -€5,798 | €32,293 | €4,527 | ▼ 86.0% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €105,665 | €85,985 | €3,243 | €7,768 | ▲ 140% |
| Fixed assets21/28 | €85,985 | €85,985 | - | €2,085 | - |
| Tangible fixed assets22/27 | €85,985 | €85,985 | - | - | - |
| Financial fixed assets28 | - | - | - | €2,085 | - |
| Current assets29/58 | €19,680 | - | €3,243 | €5,683 | ▲ 75.2% |
| Amounts receivable within one year40/41 | - | - | €67 | €3,285 | ▲ 49× |
| Other amounts receivable41 | - | - | €67 | €3,285 | ▲ 49× |
| Cash at bank and in hand54/58 | €19,680 | - | €3,176 | €2,398 | ▼ 24.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €105,665 | €85,985 | €3,243 | €7,768 | ▲ 140% |
| Equity10/15 | €16,288 | €6,165 | -€4,142 | €385 | - |
| Contributions10/11 | €61,500 | €61,500 | €18,900 | €18,900 | = |
| Contributions outside capital11 | - | - | - | €18,900 | - |
| Share premium1100/10 | - | - | - | €18,900 | - |
| Profit (loss) carried forward14 | -€45,212 | -€55,335 | -€23,042 | -€18,515 | ▲ 19.6% |
| Amounts payable17/49 | €89,377 | €79,820 | €7,385 | €7,383 | = |
| Amounts payable after more than one year17 | €70,038 | - | - | - | - |
| Amounts payable within one year42/48 | €19,339 | €75,612 | €7,385 | €7,383 | = |
| Trade debts44 | €6,243 | €465 | €1,198 | €289 | ▼ 75.9% |
| Suppliers440/4 | - | - | €1,198 | €289 | ▼ 75.9% |
| Taxes, remuneration and social security45 | - | - | €1,819 | €7,094 | ▲ 290% |
| Taxes450/3 | - | - | €1,819 | €7,094 | ▲ 290% |
| Other amounts payable47/48 | - | - | €4,368 | - | - |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,626 | -€5,798 | €32,293 | €4,527 | ▼ 86.0% |
| Operating cash flow (approximation) | -€6,626 | -€5,798 | €32,293 | €4,527 | ▼ 86.0% |
| Change in cash | - | - | - | -€778 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 17-06-2024 | 2024-00144082 | |
| 31-12-2021 | micro format | 21-11-2022 | 2022-20522646 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-68800490 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55600244 | |
| 31-12-2017 | micro format | 30-10-2018 | 2018-70500559 | |
| 31-12-2016 | micro format | 21-05-2018 | 2018-13500345 | |
| 31-12-2015 | abbreviated format | 23-06-2016 | 2016-20400298 | |
| 31-12-2011 | abbreviated format | 28-12-2012 | 2012-68300340 | |
| 31-12-2010 | abbreviated format | 26-08-2011 | 2011-46300071 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52700483 |