FINCONA

Inactive

KBO/BCE: BE 0838.053.868

Follow Report

FINCONAInactive

Report

Financials · financial year 2023, abbreviated format

Annual accounts 2023 filed on 18-06-2024 PDF all 12 filings

Equity

€101,268▼ 15.7%

2022 · €120,166

Total assets

€103,068▼ 15.9%

2022 · €122,564

Net result

-€18,899

2022 · €11,154

Working capital

€101,268▼ 15.7%

2022 · €120,166

Trend over the years

Last 5 years All years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result for 2023 is a loss of €20,062, after a profit of €15,051 in 2022. It is the lowest result since 2019.

Turnover and resultEquity and debtWorking capital

Operating result-€20,062 2023 Net result-€18,899 2023

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Every figure with its change against the financial year before

favourable unfavourable

Line201820192020202120222023

Operating result€26,750-€12,294▼ 54.0%€6,004▼ 51.2%€26,214▲ 337%€15,051▼ 42.6%-€20,062

Net result€18,793-€5,648▼ 69.9%€4,887▼ 13.5%€19,113▲ 291%€11,154▼ 41.6%-€18,899

Equity€79,364-€85,012▲ 7.1%€89,899▲ 5.7%€109,012▲ 21.3%€120,166▲ 10.2%€101,268▼ 15.7%

Total assets€81,322-€85,538▲ 5.2%€90,304▲ 5.6%€117,665▲ 30.3%€122,564▲ 4.2%€103,068▼ 15.9%

Debt€1,958-€526▼ 73.1%€405▼ 23.0%€8,653▲ 21×€2,397▼ 72.3%€1,801▼ 24.9%

Working capital€78,352-€84,337▲ 7.6%€89,562▲ 6.2%€109,012▲ 21.7%€120,166▲ 10.2%€101,268▼ 15.7%

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Equity and liabilities €103,068

98.3%

Equity €101,268 ▼ 15.7%

Debt €1,801 ▼ 24.9%

Debt's share of the balance-sheet total falls from 2.0% to 1.7%. Equity and debt are lower.

Key figures and ratios

2023 value · change against 2022

Current ratio

57.24▲

2022 · 51.13

Debt to equity

0.02▼

2022 · 0.02

ROE

-18.7%▼

2022 · 9.3%

ROA

-18.3%▼

2022 · 9.1%

Debt ≤ 1 year

€1,801▼

2022 · €2,397

Income taxes

€0▼

2022 · €4,368

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2023 against 2022 · 34 lines

Source: Annual accounts 2023 (PDF), filed on 18-06-2024.

Balance sheet Code20222023

Assets

Total assets20/58€122,564€103,068▼

Current assets29/58€122,564€103,068▼

Amounts receivable within one year40/41€1,813€6,379▲

Other amounts receivable41€1,813€6,379▲

Current investments50/53€114,073€88,567▼

Cash at bank and in hand54/58€6,678€8,122▲

Equity and liabilities

Total equity and liabilities10/49€122,564€103,068▼

Equity10/15€120,166€101,268▼

Contributions10/11€12,400€12,400=

Reserves13€107,766€88,868▼

Non-distributable reserves130/1€1,860€1,860=

Reserves not available under the articles1311€1,860€1,860=

Distributable reserves133€105,906€87,008▼

Amounts payable17/49€2,397€1,801▼

Amounts payable within one year42/48€2,397€1,801▼

Trade debts44€104€1,801▲

Suppliers440/4€104€1,801▲

Taxes, remuneration and social security45€2,294€0▼

Taxes450/3€2,294€0▼

Income statement Code20222023

Other operating charges640/8€563€661▲

Gross operating margin9900€15,613-€19,401▼

Operating profit (loss)9901€15,051-€20,062▼

Financial income75/76B€1,497€1,191▼

Recurring financial income75€1,497€1,191▼

Financial charges65/66B€1,025€28▼

Recurring financial charges65€1,025€28▼

Profit (loss) for the period before taxes9903€15,522-€18,899▼

Income taxes67/77€4,368€0▼

Profit (loss) for the period9904€11,154-€18,899▼

Profit (loss) for the period to be appropriated9905€11,154-€18,899▼

Appropriation of the result

Profit (loss) to be appropriated9906€11,154-€18,899▼

Transfer from equity791/2-€18,899

Transfer to equity691/2€11,154€0▼

To other reserves6921€11,154€0▼

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line	2018	2019	2020	2021	2022	2023	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€338	€338	€338	€338	-	-	-
Other operating charges640/8	-	-	-	€459	€563	€661	▲ 17.5%
Gross operating margin9900	€27,540	€13,086	€6,798	€27,010	€15,613	-€19,401	-
Operating profit (loss)9901	€26,750	€12,294	€6,004	€26,214	€15,051	-€20,062	-
Financial income75/76B	-	-	-	€1,821	€1,497	€1,191	▼ 20.4%
Recurring financial income75	€575	€354	€996	€1,821	€1,497	€1,191	▼ 20.4%
Financial charges65/66B	-	-	-	-€63	€1,025	€28	▼ 97.3%
Recurring financial charges65	€103	€2,867	€1,593	-€63	€1,025	€28	▼ 97.3%
Profit (loss) for the period before taxes9903	€27,221	€9,781	€5,407	€28,097	€15,522	-€18,899	-
Income taxes67/77	€8,428	€4,133	€520	€8,985	€4,368	€0	▼ 100%
Profit (loss) for the period9904	€18,793	€5,648	€4,887	€19,113	€11,154	-€18,899	-
Profit (loss) for the period to be appropriated9905	€18,793	€5,648	€4,887	€19,113	€11,154	-€18,899	-

Line	2018	2019	2020	2021	2022	2023	Change
Assets
Total assets20/58	€81,322	€85,538	€90,304	€117,665	€122,564	€103,068	▼ 15.9%
Fixed assets21/28	€1,013	€675	€338	-	-	-	-
Tangible fixed assets22/27	€1,013	€675	€338	-	-	-	-
Current assets29/58	€80,310	€84,863	€89,967	€117,665	€122,564	€103,068	▼ 15.9%
Amounts receivable within one year40/41	€3,317	€1,867	€5,325	€944	€1,813	€6,379	▲ 252%
Other amounts receivable41	-	-	-	€944	€1,813	€6,379	▲ 252%
Current investments50/53	€39,192	€63,796	€74,582	€58,707	€114,073	€88,567	▼ 22.4%
Cash at bank and in hand54/58	€28,860	€13,595	€6,553	€58,014	€6,678	€8,122	▲ 21.6%
Equity and liabilities
Total equity and liabilities10/49	€81,322	€85,538	€90,304	€117,665	€122,564	€103,068	▼ 15.9%
Equity10/15	€79,364	€85,012	€89,899	€109,012	€120,166	€101,268	▼ 15.7%
Contributions10/11	€12,400	€12,400	-	€12,400	€12,400	€12,400	=
Reserves13	€66,964	€72,612	€77,499	€96,612	€107,766	€88,868	▼ 17.5%
Non-distributable reserves130/1	-	-	-	€1,860	€1,860	€1,860	=
Reserves not available under the articles1311	-	-	-	€1,860	€1,860	€1,860	=
Distributable reserves133	-	-	-	€94,752	€105,906	€87,008	▼ 17.8%
Amounts payable17/49	€1,958	€526	€405	€8,653	€2,397	€1,801	▼ 24.9%
Amounts payable within one year42/48	€1,958	€526	€405	€8,653	€2,397	€1,801	▼ 24.9%
Trade debts44	€1,958	-	-	€6,359	€104	€1,801	▲ 17×
Suppliers440/4	-	-	-	€6,359	€104	€1,801	▲ 17×
Taxes, remuneration and social security45	-	-	-	€2,294	€2,294	€0	▼ 100%
Taxes450/3	-	-	-	€2,294	€2,294	€0	▼ 100%

Line	2018	2019	2020	2021	2022	2023	Change
Profit (loss) for the period9904	€18,793	€5,648	€4,887	€19,113	€11,154	-€18,899	-
+ Depreciation and write-downs630	€338	€338	€338	€338	-	-	-
Operating cash flow (approximation)	€19,130	€5,986	€5,225	€19,450	€11,154	-€18,899	-
Investment in fixed assets (approximation)	-	€0	€0	-	-	-	-
Change in cash	-	-€15,265	-€7,042	€51,461	-€51,336	€1,444	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 12 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2023	abbreviated format	18-06-2024	2024-00148922	PDF
31-12-2022	abbreviated format	06-07-2023	2023-00220585	PDF
31-12-2021	abbreviated format	15-06-2022	2022-20068719	PDF
31-12-2020	abbreviated format	21-06-2021	2021-23400403	PDF
31-12-2019	abbreviated format	23-07-2020	2020-34000008	PDF
31-12-2018	abbreviated format	22-07-2019	2019-36200468	PDF
31-12-2017	micro format	17-07-2018	2018-34200082	PDF
31-12-2016	micro format	17-07-2017	2017-32300297	PDF
31-12-2015	abbreviated format	20-07-2016	2016-34100360	PDF
31-12-2014	abbreviated format	07-07-2015	2015-28400017	PDF

Show all 12 filings