GEEWO
InactiveFinancials · financial year 2021, micro format
2021 annual accounts filed late (66 days) Filed on 5 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20457937.
Turnover
≈ €68,000
Estimated: probably between €31,000 and €160,000
Total assets
€383,540
Net result
-€10,483
Working capital
-€75,305
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €383,540
Fixed assets
€292,847
Current assets
€90,693
Equity and liabilities
Equity-€483
Debt€384,023
Equity is negative: debt (€384,023) exceeds the balance-sheet total (€383,540).
Key figures and ratios
EBITDA
€8,171
Cash flow
€5,496
Solvency
-0.1%
Current ratio
0.55
ROA
-2.7%
Interest coverage
2.86
Debt
€384,023
Debt ≤ 1 year
€165,998
Debt > 1 year
€218,025
Equity ratios withheld: equity of -€483 is too small for a meaningful ratio.
Annual accounts
| Line | 2021 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,979 |
| Other operating charges640/8 | €633 |
| Gross operating margin9900 | €8,803 |
| Operating profit (loss)9901 | -€7,808 |
| Financial income75/76B | €180 |
| Recurring financial income75 | €180 |
| Financial charges65/66B | €2,855 |
| Recurring financial charges65 | €2,855 |
| Profit (loss) for the period before taxes9903 | -€10,483 |
| Profit (loss) for the period9904 | -€10,483 |
| Profit (loss) for the period to be appropriated9905 | -€10,483 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €383,540 | |
| Fixed assets21/28 | €292,847 | |
| Tangible fixed assets22/27 | €292,847 | |
| Land and buildings22 | €248,196 | |
| Leasing and similar rights25 | €44,651 | |
| Current assets29/58 | €90,693 | |
| Amounts receivable within one year40/41 | €69,824 | |
| Trade receivables40 | €49,451 | |
| Other amounts receivable41 | €20,373 | |
| Cash at bank and in hand54/58 | €20,869 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €383,540 | |
| Equity10/15 | -€483 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€10,483 | |
| Amounts payable17/49 | €384,023 | |
| Amounts payable after more than one year17 | €218,025 | |
| Financial debts170/4 | €218,025 | |
| Amounts payable within one year42/48 | €165,998 | |
| Current portion of amounts payable after more than one year42 | €25,489 | |
| Trade debts44 | €87,621 | |
| Suppliers440/4 | €87,621 | |
| Taxes, remuneration and social security45 | €200 | |
| Taxes450/3 | €200 | |
| Other amounts payable47/48 | €52,688 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | -€10,483 |
| + Depreciation and write-downs630 | €15,979 |
| Operating cash flow (approximation) | €5,496 |
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 | 05-10-2022 | 2022-20457937 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.