GBDM
InactiveFinancials · financial year 2021, micro format
2021 annual accounts filed late (38 days) Filed on 7 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20429603.
Equity
-€60,343
Total assets
€126,674
Net result
-€63,843
Working capital
-€90,874
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €126,674
Fixed assets
€77,972
Current assets
€48,701
Equity and liabilities
Equity-€60,343
Debt€187,017
Equity is negative: debt (€187,017) exceeds the balance-sheet total (€126,674).
Key figures and ratios
EBITDA
-€43,613
Cash flow
-€54,376
Solvency
-47.6%
Current ratio
0.35
Quick ratio
0.23
ROA
-50.4%
Interest coverage
-12.40
Debt
€187,017
Debt ≤ 1 year
€139,575
Debt > 1 year
€47,152
Staff costs
€24,345
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2021 |
|---|---|
| Non-recurring operating income76A | €138 |
| Remuneration, social security and pensions62 | €24,345 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,468 |
| Other operating charges640/8 | €1,239 |
| Gross operating margin9900 | -€18,030 |
| Operating profit (loss)9901 | -€53,081 |
| Financial income75/76B | €17 |
| Recurring financial income75 | €17 |
| Financial charges65/66B | €10,780 |
| Recurring financial charges65 | €3,518 |
| Non-recurring financial charges66B | €7,262 |
| Profit (loss) for the period before taxes9903 | -€63,843 |
| Profit (loss) for the period9904 | -€63,843 |
| Profit (loss) for the period to be appropriated9905 | -€63,843 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €126,674 | |
| Fixed assets21/28 | €77,972 | |
| Tangible fixed assets22/27 | €77,797 | |
| Plant, machinery and equipment23 | €69,461 | |
| Furniture and vehicles24 | €8,336 | |
| Financial fixed assets28 | €175 | |
| Current assets29/58 | €48,701 | |
| Stocks and contracts in progress3 | €16,107 | |
| Stocks30/36 | €16,107 | |
| Amounts receivable within one year40/41 | €19,609 | |
| Trade receivables40 | €14,698 | |
| Other amounts receivable41 | €4,911 | |
| Cash at bank and in hand54/58 | €12,450 | |
| Deferred charges and accrued income490/1 | €535 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €126,674 | |
| Equity10/15 | -€60,343 | |
| Contributions10/11 | €3,500 | |
| Profit (loss) carried forward14 | -€63,843 | |
| Amounts payable17/49 | €187,017 | |
| Amounts payable after more than one year17 | €47,152 | |
| Financial debts170/4 | €47,152 | |
| Amounts payable within one year42/48 | €139,575 | |
| Current portion of amounts payable after more than one year42 | €12,006 | |
| Financial debts43 | €12,886 | |
| Credit institutions430/8 | €12,886 | |
| Trade debts44 | €82,095 | |
| Suppliers440/4 | €82,095 | |
| Advances received on contracts in progress46 | €877 | |
| Taxes, remuneration and social security45 | €4,112 | |
| Taxes450/3 | €6 | |
| Remuneration and social security454/9 | €4,107 | |
| Other amounts payable47/48 | €27,599 | |
| Accrued charges and deferred income492/3 | €290 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | -€63,843 |
| + Depreciation and write-downs630 | €9,468 |
| Operating cash flow (approximation) | -€54,376 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 07-09-2022 | 2022-20429603 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.