Financials · financial year 2021, micro format
Annual accounts 2021 filed on 21-07-2022 PDF
Turnover
≈ €120,000
Estimated: probably between €110,000 and €160,000
Total assets
€41,872
Net result
€27,679
Working capital
€16,735
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €41,872
Fixed assets
€11,944
Current assets
€29,928
Equity and liabilities €41,872
Equity
€28,679
Debt
€13,193
Debt's share of the balance-sheet total is 31.5%.
Key figures and ratios
EBITDA
€37,348
Cash flow
€28,163
Current ratio
2.27
Debt to equity
0.46
ROE
96.5%
ROA
66.1%
Interest coverage
over 100
Debt ≤ 1 year
€13,193
Income taxes
€9,110
Staff costs
€25,172
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €12,428 |
| Depreciation and write-downs of the year | €484 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 |
|---|---|
| Remuneration, social security and pensions62 | €25,172 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €484 |
| Other operating charges640/8 | €348 |
| Gross operating margin9900 | €62,868 |
| Operating profit (loss)9901 | €36,865 |
| Financial charges65/66B | €76 |
| Recurring financial charges65 | €76 |
| Non-recurring financial charges66B | €0 |
| Profit (loss) for the period before taxes9903 | €36,789 |
| Income taxes67/77 | €9,110 |
| Profit (loss) for the period9904 | €27,679 |
| Profit (loss) for the period to be appropriated9905 | €27,679 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €41,872 | |
| Fixed assets21/28 | €11,944 | |
| Tangible fixed assets22/27 | €11,944 | |
| Other tangible fixed assets26 | €11,944 | |
| Current assets29/58 | €29,928 | |
| Amounts receivable within one year40/41 | €16,675 | |
| Trade receivables40 | €11,979 | |
| Other amounts receivable41 | €4,696 | |
| Cash at bank and in hand54/58 | €12,792 | |
| Deferred charges and accrued income490/1 | €461 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €41,872 | |
| Equity10/15 | €28,679 | |
| Contributions10/11 | €1,000 | |
| Profit (loss) carried forward14 | €27,679 | |
| Amounts payable17/49 | €13,193 | |
| Amounts payable within one year42/48 | €13,193 | |
| Trade debts44 | €868 | |
| Suppliers440/4 | €868 | |
| Taxes, remuneration and social security45 | €1,803 | |
| Taxes450/3 | €1,735 | |
| Remuneration and social security454/9 | €68 | |
| Other amounts payable47/48 | €10,522 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €27,679 |
| + Depreciation and write-downs630 | €484 |
| Operating cash flow (approximation) | €28,163 |
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 (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 21-07-2022 | 2022-20209487 |