GETRACOM
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline27-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 23-05-2023, 23 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
23 d late
2021
2 d early
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€45,731▼ 20.5%
2021 · €57,500
Net result
-€15,161▼ 629%
2021 · -€2,081
Working capital
€42,339▼ 25.4%
2020 · €56,759
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€0-
Operating result€19,577-€12,922▼ 34.0%-€11,045-€2,547▲ 76.9%-€14,591▼ 473%
Net result€20,060-€12,504▼ 37.7%€10,881▼ 13.0%-€2,081-€15,161▼ 629%
Equity€56,709-€56,709=€59,581▲ 5.1%€57,500▼ 3.5%€42,339▼ 26.4%
Total assets€58,965-€58,965=€70,282▲ 19.2%€57,500▼ 18.2%€45,731▼ 20.5%
Debt€2,256-€2,256=€10,701▲ 374%€3,392
Working capital€55,767-€55,767=€56,759▲ 1.8%€42,339
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,591 in 2022 against €2,547 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
Equity and liabilities €45,731
Equity
€42,339
Debt
€3,392
Debt finances 7.4% of the balance-sheet total.
Key figures and ratios
Current ratio
13.48
Debt to equity
0.08
ROE
-35.8%▼
2021 · -3.6%
ROA
-33.2%▼
2021 · -3.6%
Debt ≤ 1 year
€3,392
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 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,850 | €626 | €626 | €626 | - | - |
| Other operating charges640/8 | - | - | - | €799 | €1,974 | ▲ 147% |
| Gross operating margin9900 | €24,993 | €13,489 | €11,318 | -€1,122 | -€12,618 | ▼ 1,025% |
| Operating profit (loss)9901 | €19,577 | €12,922 | -€11,045 | -€2,547 | -€14,591 | ▼ 473% |
| Financial income75/76B | - | - | - | €1,165 | - | - |
| Recurring financial income75 | €1,573 | €3,621 | €3,621 | €1,165 | - | - |
| Financial charges65/66B | - | - | - | €699 | €570 | ▼ 18.5% |
| Recurring financial charges65 | €1,090 | €623 | €695 | €699 | €570 | ▼ 18.5% |
| Profit (loss) for the period before taxes9903 | €20,060 | €12,504 | €10,881 | -€2,081 | -€15,161 | ▼ 629% |
| Income taxes67/77 | €0 | €0 | €0 | - | - | - |
| Profit (loss) for the period9904 | €20,060 | €12,504 | €10,881 | -€2,081 | -€15,161 | ▼ 629% |
| Profit (loss) for the period to be appropriated9905 | €20,060 | €12,504 | €10,881 | -€2,081 | -€15,161 | ▼ 629% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,965 | €58,965 | €70,282 | €57,500 | €45,731 | ▼ 20.5% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €942 | €3,448 | €3,448 | €2,195 | - | - |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | - | €2,506 | €2,506 | €1,253 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,002 | - | - |
| Furniture and vehicles24 | - | - | - | €250 | - | - |
| Financial fixed assets28 | €942 | €942 | €942 | €942 | - | - |
| Current assets29/58 | €58,023 | €58,023 | €67,460 | €55,305 | €45,731 | ▼ 17.3% |
| Stocks and contracts in progress3 | €7,622 | €0 | €0 | €4,647 | - | - |
| Stocks30/36 | - | - | - | €4,647 | - | - |
| Amounts receivable within one year40/41 | €54,563 | €54,563 | €55,008 | €41,616 | €13,732 | ▼ 67.0% |
| Trade receivables40 | - | - | - | €5,895 | €9,193 | ▲ 56.0% |
| Other amounts receivable41 | - | - | - | €35,721 | €4,539 | ▼ 87.3% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €6,867 | €3,460 | €12,453 | €9,042 | €31,999 | ▲ 254% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,965 | €58,965 | €70,282 | €57,500 | €45,731 | ▼ 20.5% |
| Equity10/15 | €56,709 | €56,709 | €59,581 | €57,500 | €42,339 | ▼ 26.4% |
| Contributions10/11 | €24,800 | €24,800 | - | €24,800 | €24,800 | = |
| Reserves13 | €36,002 | €36,002 | €36,002 | €36,002 | €36,002 | = |
| Non-distributable reserves130/1 | - | - | - | €2,480 | €2,480 | = |
| Reserves not available under the articles1311 | - | - | - | €2,480 | €2,480 | = |
| Distributable reserves133 | - | - | - | €33,522 | €33,522 | = |
| Profit (loss) carried forward14 | -€36,657 | -€16,597 | -€12,103 | -€3,302 | -€18,463 | ▼ 459% |
| Amounts payable17/49 | €2,256 | €2,256 | €10,701 | - | €3,392 | - |
| Amounts payable within one year42/48 | €2,256 | €2,256 | €10,701 | - | €3,392 | - |
| Trade debts44 | €2,256 | €2,256 | €6,725 | - | €3,392 | - |
| Suppliers440/4 | - | - | - | - | €3,392 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,060 | €12,504 | €10,881 | -€2,081 | -€15,161 | ▼ 629% |
| + Depreciation and write-downs630 | €4,850 | €626 | €626 | €626 | - | - |
| Operating cash flow (approximation) | €24,910 | €13,130 | €11,508 | -€1,454 | -€15,161 | ▼ 943% |
| Investment in fixed assets (approximation) | - | -€3,132 | -€626 | €626 | - | - |
| Change in cash | - | -€3,407 | €8,992 | -€3,411 | €22,957 | ▲ 773% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
30-09
Financial
Weakest financial yearnet -€15,161
Net result drops to -€15,161, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
22-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- MODULAR BUILDING SOLUTIONS
- GETRACOM
Highest known parent: MODULAR BUILDING SOLUTIONS. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.