GREGOBOIS
Open bankruptcyFinancials · financial year 2023, micro format
Equity
€53,152▲ 108%
2022 · €25,596
Total assets
€169,314▼ 20.3%
2022 · €212,310
Net result
€27,556▼ 21.5%
2022 · €35,110
Working capital
€10,200
2022 · -€20,048
Trend over the years
2021 to 2023, 3 financial years
The operating result has risen two years in a row; 2023 is 5% 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€44,574
2023
Net result€27,556
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€169,314
2023
Equity€53,152
2023
Debt€116,162
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€10,200
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)16.3%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency31.4%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.10
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0.6
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023
Operating result€5,063-€42,482▲ 739%€44,574▲ 4.9%
Net result€4,486within the sector's middle half-€35,110above the sector's middle half▲ 683%€27,556within the sector's middle half▼ 21.5%
Equity€5,486below the sector's middle half-€25,596within the sector's middle half▲ 367%€53,152within the sector's middle half▲ 108%
Total assets€132,258within the sector's middle half-€212,310within the sector's middle half▲ 60.5%€169,314within the sector's middle half▼ 20.3%
Debt€126,771-€186,714▲ 47.3%€116,162▼ 37.8%
Working capital-€15,980below the sector's middle half--€20,048below the sector's middle half▼ 25.5%€10,200within the sector's middle half
Solvency4.1%below the sector's middle half-12.1%below the sector's middle half▲ 7.9pp31.4%within the sector's middle half▲ 19.3pp
Current ratio0.87below the sector's middle half-0.88below the sector's middle half▲ 0.011.10within the sector's middle half▲ 0.22
Return on assets (ROA)3.4%within the sector's middle half-16.5%above the sector's middle half▲ 13.1pp16.3%above the sector's middle half▼ 0.3pp
Staff (FTE)0.80.6▼ 25.0%
above
within
below
the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €169,314
Fixed assets
€54,094 ▼ 15.5%
Current assets
€115,220 ▼ 22.3%
Equity and liabilities €169,314
Equity
€53,152 ▲ 108%
Debt
€116,162 ▼ 37.8%
Debt's share of the balance-sheet total falls from 87.9% to 68.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,955▲
2022 · €51,759
Cash flow
€42,936▼
2022 · €44,388
Quick ratio
0.80▲
2022 · 0.69
Debt to equity
2.19▼
2022 · 7.29
ROE
51.8%▼
2022 · 137.2%
Interest coverage
18.01▼
2022 · 23.28
Debt ≤ 1 year
€105,020▼
2022 · €168,322
Debt > 1 year
€11,142▼
2022 · €18,392
Income taxes
€13,801▲
2022 · €5,506
Staff costs
€27,949▲
2022 · €6,671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,671 | €27,949 | ▲ 319% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,401 | €9,278 | €15,381 | ▲ 65.8% |
| Other operating charges640/8 | - | €833 | €477 | ▼ 42.8% |
| Gross operating margin9900 | €21,600 | €59,263 | €88,381 | ▲ 49.1% |
| Operating profit (loss)9901 | €5,063 | €42,482 | €44,574 | ▲ 4.9% |
| Financial income75/76B | - | €358 | €282 | ▼ 21.4% |
| Recurring financial income75 | €12 | €358 | €162 | ▼ 54.9% |
| Non-recurring financial income76B | - | - | €120 | - |
| Financial charges65/66B | - | €2,224 | €3,499 | ▲ 57.3% |
| Recurring financial charges65 | €300 | €2,224 | €3,329 | ▲ 49.7% |
| Non-recurring financial charges66B | - | - | €170 | - |
| Profit (loss) for the period before taxes9903 | €4,775 | €40,616 | €41,357 | ▲ 1.8% |
| Income taxes67/77 | €289 | €5,506 | €13,801 | ▲ 151% |
| Profit (loss) for the period9904 | €4,486 | €35,110 | €27,556 | ▼ 21.5% |
| Profit (loss) for the period to be appropriated9905 | €4,486 | €35,110 | €27,556 | ▼ 21.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €132,258 | €212,310 | €169,314 | ▼ 20.3% |
| Fixed assets21/28 | €24,199 | €64,035 | €54,094 | ▼ 15.5% |
| Tangible fixed assets22/27 | €24,199 | €64,035 | €54,094 | ▼ 15.5% |
| Land and buildings22 | - | €12,628 | €12,053 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | €28,695 | €27,451 | ▼ 4.3% |
| Furniture and vehicles24 | - | €22,713 | €14,591 | ▼ 35.8% |
| Current assets29/58 | €108,059 | €148,274 | €115,220 | ▼ 22.3% |
| Stocks and contracts in progress3 | €10,835 | €32,449 | €31,116 | ▼ 4.1% |
| Stocks30/36 | - | €32,449 | €31,116 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €46,765 | €80,371 | €19,844 | ▼ 75.3% |
| Trade receivables40 | - | €74,148 | €19,391 | ▼ 73.8% |
| Other amounts receivable41 | - | €6,223 | €453 | ▼ 92.7% |
| Cash at bank and in hand54/58 | €50,459 | €34,630 | €62,348 | ▲ 80.0% |
| Deferred charges and accrued income490/1 | - | €824 | €1,913 | ▲ 132% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €132,258 | €212,310 | €169,314 | ▼ 20.3% |
| Equity10/15 | €5,486 | €25,596 | €53,152 | ▲ 108% |
| Contributions10/11 | - | €1,000 | €1,000 | = |
| Reserves13 | - | €18,000 | €45,000 | ▲ 150% |
| Distributable reserves133 | - | €18,000 | €45,000 | ▲ 150% |
| Profit (loss) carried forward14 | €4,486 | €6,596 | €7,152 | ▲ 8.4% |
| Amounts payable17/49 | €126,771 | €186,714 | €116,162 | ▼ 37.8% |
| Amounts payable after more than one year17 | €2,733 | €18,392 | €11,142 | ▼ 39.4% |
| Financial debts170/4 | - | €18,392 | €11,142 | ▼ 39.4% |
| Amounts payable within one year42/48 | €124,038 | €168,322 | €105,020 | ▼ 37.6% |
| Current portion of amounts payable after more than one year42 | - | €9,806 | €7,556 | ▼ 22.9% |
| Trade debts44 | €227 | €21,225 | €10,625 | ▼ 49.9% |
| Suppliers440/4 | - | €21,225 | €10,625 | ▼ 49.9% |
| Advances received on contracts in progress46 | - | €71,186 | €12,669 | ▼ 82.2% |
| Taxes, remuneration and social security45 | - | €8,157 | €16,674 | ▲ 104% |
| Taxes450/3 | - | €7,111 | €15,433 | ▲ 117% |
| Remuneration and social security454/9 | - | €1,045 | €1,241 | ▲ 18.7% |
| Other amounts payable47/48 | - | €57,948 | €57,496 | ▼ 0.8% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,486 | €35,110 | €27,556 | ▼ 21.5% |
| + Depreciation and write-downs630 | €14,401 | €9,278 | €15,381 | ▲ 65.8% |
| Operating cash flow (approximation) | €18,887 | €44,388 | €42,936 | ▼ 3.3% |
| Investment in fixed assets (approximation) | - | -€49,114 | -€5,440 | ▲ 88.9% |
| Change in cash | - | -€15,829 | €27,718 | - |
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 (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2023 | micro format | 23-12-2023 | 2023-00536701 |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00019803 |
| 30-06-2021 | micro format | 28-12-2021 | 2021-81900156 |
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Of the 964 active companies whose main activity is forging of metal (NACE 25401), figures are known for 402. 299 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.