GREENLAB
InactiveFinancials · financial year 2022, micro format
Annual accounts 2022 filed on 11-07-2023 PDF all 43 filings
Equity
€180,715▼ 5.6%
2021 · €191,507
Total assets
€201,575▼ 2.2%
2021 · €206,164
Net result
-€10,792
2021 · €26,202
Working capital
€139,183▼ 20.6%
2021 · €175,291
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
-€11,803
2022
20182022
Net result
-€10,792
2022
20182022
Equity
€180,715
▼ 5.6%
2022
20182022
Total assets
€201,575
▼ 2.2%
2022
20182022
Debt
€20,860
▲ 42.3%
2022
20182022
Working capital
€139,183
▼ 20.6%
2022
20182022
Staff (FTE)
no figure
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€37,422-€174,140€10,655▼ 93.9%€34,113▲ 220%-€11,803
Net result-€37,276-€128,545€8,176▼ 93.6%€26,202▲ 220%-€10,792
Equity€28,583-€157,128▲ 450%€165,304▲ 5.2%€191,507▲ 15.9%€180,715▼ 5.6%
Total assets€158,898-€234,204▲ 47.4%€256,091▲ 9.3%€206,164▼ 19.5%€201,575▼ 2.2%
Debt€130,315-€77,075▼ 40.9%€90,787▲ 17.8%€14,657▼ 83.9%€20,860▲ 42.3%
Working capital-€24,551-€154,964€165,304▲ 6.7%€175,291▲ 6.0%€139,183▼ 20.6%
Staff (FTE)0.8
The operating result for 2022 is a loss of €11,803, after a profit of €34,113 in 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €201,575
Fixed assets
€41,532 ▲ 156%
Current assets
€160,044 ▼ 15.7%
Equity and liabilities €201,575
Equity
€180,715 ▼ 5.6%
Debt
€20,860 ▲ 42.3%
Debt's share of the balance-sheet total rises from 7.1% to 10.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,338▼
2021 · €36,834
Cash flow
-€2,327▼
2021 · €28,923
Current ratio
7.67▼
2021 · 12.96
Quick ratio
6.47▼
2021 · 11.22
Debt to equity
0.12▲
2021 · 0.08
ROE
-6.0%▼
2021 · 13.7%
ROA
-5.4%▼
2021 · 12.7%
Interest coverage
-6.10▼
2021 · over 100
Debt ≤ 1 year
€20,860▲
2021 · €14,657
Income taxes
€232▼
2021 · €9,567
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €18,937 | €33,780 |
| Depreciation and write-downs of the year | €2,721 | €8,465 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,167 | €7,557 | €815 | €2,721 | €8,465 | ▲ 211% |
| Other operating charges640/8 | - | - | - | €549 | €1,189 | ▲ 116% |
| Gross operating margin9900 | -€18,519 | €207,433 | €12,598 | €37,384 | -€2,149 | - |
| Operating profit (loss)9901 | -€37,422 | €174,140 | €10,655 | €34,113 | -€11,803 | - |
| Financial income75/76B | - | - | - | €1,905 | €1,790 | ▼ 6.0% |
| Recurring financial income75 | €967 | €813 | €973 | €1,905 | €1,790 | ▼ 6.0% |
| Financial charges65/66B | - | - | - | €250 | €547 | ▲ 119% |
| Recurring financial charges65 | €334 | €340 | €176 | €250 | €547 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | -€36,789 | €174,613 | €11,452 | €35,769 | -€10,560 | - |
| Income taxes67/77 | €488 | €46,068 | €3,275 | €9,567 | €232 | ▼ 97.6% |
| Profit (loss) for the period9904 | -€37,276 | €128,545 | €8,176 | €26,202 | -€10,792 | - |
| Profit (loss) for the period to be appropriated9905 | -€37,276 | €128,545 | €8,176 | €26,202 | -€10,792 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,898 | €234,204 | €256,091 | €206,164 | €201,575 | ▼ 2.2% |
| Fixed assets21/28 | €53,135 | €2,165 | - | €16,216 | €41,532 | ▲ 156% |
| Tangible fixed assets22/27 | €53,135 | €2,165 | - | €16,216 | €41,532 | ▲ 156% |
| Furniture and vehicles24 | - | - | - | €12,395 | €38,095 | ▲ 207% |
| Other tangible fixed assets26 | - | - | - | €3,822 | €3,437 | ▼ 10.1% |
| Current assets29/58 | €105,763 | €232,039 | €256,091 | €189,948 | €160,044 | ▼ 15.7% |
| Stocks and contracts in progress3 | €18,053 | €25,142 | €41,547 | €25,506 | €25,052 | ▼ 1.8% |
| Stocks30/36 | - | - | - | €25,506 | €25,052 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €31,360 | €24,245 | €17,833 | €14,136 | €20,852 | ▲ 47.5% |
| Trade receivables40 | - | - | - | €8,130 | €10,326 | ▲ 27.0% |
| Other amounts receivable41 | - | - | - | €6,006 | €10,526 | ▲ 75.3% |
| Cash at bank and in hand54/58 | €33,333 | €182,652 | €196,712 | €150,306 | €99,705 | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €14,434 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,898 | €234,204 | €256,091 | €206,164 | €201,575 | ▼ 2.2% |
| Equity10/15 | €28,583 | €157,128 | €165,304 | €191,507 | €180,715 | ▼ 5.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €5,331 | €5,331 | €5,331 | €5,331 | €5,331 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €3,471 | €3,471 | = |
| Profit (loss) carried forward14 | €4,652 | €133,197 | €141,373 | €167,575 | €156,783 | ▼ 6.4% |
| Amounts payable17/49 | €130,315 | €77,075 | €90,787 | €14,657 | €20,860 | ▲ 42.3% |
| Amounts payable within one year42/48 | €130,315 | €77,075 | €90,787 | €14,657 | €20,860 | ▲ 42.3% |
| Trade debts44 | €12,142 | €30,175 | €36,530 | €2,064 | €11,538 | ▲ 459% |
| Suppliers440/4 | - | - | - | €2,064 | €11,538 | ▲ 459% |
| Taxes, remuneration and social security45 | - | - | - | €12,593 | €9,323 | ▼ 26.0% |
| Taxes450/3 | - | - | - | €12,593 | €9,323 | ▼ 26.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€37,276 | €128,545 | €8,176 | €26,202 | -€10,792 | - |
| + Depreciation and write-downs630 | €16,167 | €7,557 | €815 | €2,721 | €8,465 | ▲ 211% |
| Operating cash flow (approximation) | -€21,110 | €136,102 | €8,991 | €28,923 | -€2,327 | - |
| Investment in fixed assets (approximation) | - | €43,413 | - | - | -€33,780 | - |
| Change in cash | - | €149,319 | €14,060 | -€46,406 | -€50,600 | ▼ 9.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 11-07-2023 | 2023-00233866 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20425052 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64500286 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50800393 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-51000304 | |
| 31-12-2017 | micro format | 09-07-2018 | 2018-31600332 | |
| 31-12-2016 | full format | 28-07-2017 | 2017-39000188 | |
| 31-12-2015 | full format | 21-10-2016 | 2016-66100202 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-49200417 | |
| 31-12-2013 | full format | 26-08-2014 | 2014-48900055 |