FPD
InactiveFinancials · financial year 2023, micro format
Equity
€472,941▲ 50.5%
2022 · €314,214
Total assets
€1.2m▲ 6.9%
2022 · €1.1m
Net result
€158,728▲ 731%
2022 · €19,112
Working capital
€300,271▲ 75.9%
2022 · €170,688
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result recovers in 2023; 2023 is 506% above 2022 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2023
Net result€0.2m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.2m
2023
Equity€0.5m
2023
Debt€0.7m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2023
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
Operating result€0.06m-€0.1m▲ 78.8%€0.04m▼ 58.8%€0.05m▲ 12.9%€0.04m▼ 22.3%€0.2m▲ 506%
Net result€0.02m-€0.04m▲ 79.3%€0.03m▼ 33.0%€0.04m▲ 55.2%€0.02m▼ 50.9%€0.2m▲ 731%
Equity€0.2m-€0.2m▲ 19.3%€0.3m▲ 10.9%€0.3m▲ 15.2%€0.3m▲ 6.5%€0.5m▲ 50.5%
Total assets€0.9m-€1.0m▲ 10.0%€1.1m▲ 2.1%€1.1m▲ 2.4%€1.1m▲ 1.6%€1.2m▲ 6.9%
Debt€0.8m-€0.8m▲ 7.6%€0.8m▼ 0.4%€0.8m▼ 1.7%€0.8m▼ 0.2%€0.7m▼ 10.4%
Working capital€0.03m-€0.08m▲ 160%€0.07m▼ 17.3%€0.2m▲ 155%€0.2m▼ 1.1%€0.3m▲ 75.9%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.2m
Fixed assets
€272,297 ▼ 11.3%
Current assets
€912,366 ▲ 13.8%
Equity and liabilities €1.2m
Equity
€472,941 ▲ 50.5%
Debt
€711,722 ▼ 10.4%
Debt's share of the balance-sheet total falls from 71.7% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€268,840▲
2022 · €78,684
Cash flow
€193,253▲
2022 · €59,129
Current ratio
1.49▲
2022 · 1.27
Debt to equity
1.50▼
2022 · 2.53
ROE
33.6%▲
2022 · 6.1%
ROA
13.4%▲
2022 · 1.7%
Interest coverage
15.59▲
2022 · 6.51
Debt ≤ 1 year
€612,095▼
2022 · €630,929
Debt > 1 year
€99,627▼
2022 · €163,298
Income taxes
€58,347▲
2022 · €7,475
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 |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €25,823 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87,319 | €68,788 | €51,906 | €40,827 | €40,017 | €34,526 | ▼ 13.7% |
| Other operating charges640/8 | - | - | - | €2,778 | €2,799 | €1,985 | ▼ 29.1% |
| Non-recurring operating charges66A | - | - | - | €974 | - | - | - |
| Gross operating margin9900 | €158,047 | €178,328 | €98,917 | €94,338 | €81,483 | €270,825 | ▲ 232% |
| Operating profit (loss)9901 | €59,915 | €107,106 | €44,080 | €49,758 | €38,667 | €234,314 | ▲ 506% |
| Financial income75/76B | - | - | - | €3,014 | - | - | - |
| Recurring financial income75 | - | €987 | €1,148 | €3,014 | - | - | - |
| Financial charges65/66B | - | - | - | €13,361 | €12,080 | €17,239 | ▲ 42.7% |
| Recurring financial charges65 | €20,788 | €19,686 | €17,812 | €13,361 | €12,080 | €17,239 | ▲ 42.7% |
| Profit (loss) for the period before taxes9903 | €39,127 | €88,408 | €27,416 | €39,412 | €26,587 | €217,075 | ▲ 716% |
| Income taxes67/77 | €18,262 | €51,000 | €2,340 | €492 | €7,475 | €58,347 | ▲ 681% |
| Profit (loss) for the period9904 | €20,864 | €37,407 | €25,076 | €38,920 | €19,112 | €158,728 | ▲ 731% |
| Profit (loss) for the period to be appropriated9905 | €20,864 | €37,407 | €25,076 | €38,920 | €19,112 | €158,728 | ▲ 731% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.9m | €1.0m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 6.9% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 11.3% |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 11.3% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.3m | €0.3m | ▼ 11.3% |
| Current assets29/58 | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 13.8% |
| Amounts receivable within one year40/41 | €0.5m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 13.9% |
| Trade receivables40 | - | - | - | €0.002m | - | €0.004m | - |
| Other amounts receivable41 | - | - | - | €0.7m | €0.8m | €0.9m | ▲ 13.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.001m | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 6.9% |
| Equity10/15 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 50.5% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | - | €0.02m | - | - |
| Issued capital100 | - | - | - | - | €0.02m | - | - |
| Contributions outside capital11 | - | - | - | €0.02m | - | - | - |
| Other1109/19 | - | - | - | €0.02m | - | - | - |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.5m | ▲ 53.8% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | - | €0.002m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | €0.002m | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.5m | ▲ 54.1% |
| Profit (loss) carried forward14 | €0.02m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 10.4% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 39.0% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | ▼ 39.0% |
| Amounts payable within one year42/48 | €0.4m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 3.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.06m | ▲ 4.3% |
| Financial debts43 | - | - | - | €0.01m | €0.002m | €0.002m | ▲ 28.6% |
| Credit institutions430/8 | - | - | - | €0.01m | €0.002m | €0.002m | ▲ 28.6% |
| Trade debts44 | €0.03m | €0.03m | €0.02m | €0.008m | €0.02m | €0.09m | ▲ 393% |
| Suppliers440/4 | - | - | - | €0.008m | €0.02m | €0.09m | ▲ 393% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.006m | €0.06m | ▲ 835% |
| Taxes450/3 | - | - | - | €0.002m | €0.006m | €0.06m | ▲ 835% |
| Remuneration and social security454/9 | - | - | - | €0.01m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.5m | €0.4m | ▼ 26.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,864 | €37,407 | €25,076 | €38,920 | €19,112 | €158,728 | ▲ 731% |
| + Depreciation and write-downs630 | €87,319 | €68,788 | €51,906 | €40,827 | €40,017 | €34,526 | ▼ 13.7% |
| Operating cash flow (approximation) | €108,184 | €106,195 | €76,982 | €79,748 | €59,129 | €193,253 | ▲ 227% |
| Investment in fixed assets (approximation) | - | -€8,245 | -€11,822 | €974 | €0 | €0 | - |
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 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 19-07-2024 | 2024-00260704 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00247803 |
| 31-12-2021 | abbreviated format | 23-10-2022 | 2022-20469988 |
| 31-12-2020 | abbreviated format | 13-09-2021 | 2021-67000296 |
| 31-12-2019 | abbreviated format | 31-10-2020 | 2020-68800403 |
| 31-12-2018 | abbreviated format | 17-08-2019 | 2019-48200466 |
| 31-12-2017 | abbreviated format | 02-08-2018 | 2018-42600004 |
| 31-12-2016 | abbreviated format | 22-08-2017 | 2017-45600266 |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-63400308 |
| 31-12-2014 | abbreviated format | 06-08-2015 | 2015-40000364 |
Subsidies and aid
Flemish government
2022 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.