GRIMO
InactiveFinancials · financial year 2023, micro format
2023 annual accounts filed 167 days after the deadline Filed on 14 January 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00006013.
Annual accounts 2023 filed on 14-01-2025 PDF all 32 filings
Turnover
≈ €8,100
Estimated: probably between €3,700 and €19,000
EBIT margin
Not included in this filing
Net result
-€319,242
2021 · €37,342
Working capital
-€128,343
2021 · €200,240
Multi-year overview
2018 to 2023, 5 financial yearsOperating result
€680
2023
20182023
Net result
-€319,242
2023
20182023
Equity
-€987,975
2023
20182023
Total assets
€112,257
2023
20182023
Debt
€1.1m
2023
20182023
Working capital
-€128,343
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212023
Operating result-€0.03m--€0.05m▼ 94.6%-€0.6m▼ 978%€0.04m€0.001m-
Net result-€0.03m--€0.05m▼ 94.2%-€0.6m▼ 972%€0.04m-€0.3m-
Equity-€0.09m--€0.1m▼ 56.3%-€0.7m▼ 386%-€0.7m▲ 5.3%-€1.0m-
Total assets€2.3m-€2.1m▼ 5.4%€1.5m▼ 30.4%€0.4m▼ 70.4%€0.1m-
Debt€2.4m-€2.3m▼ 2.9%€2.2m▼ 4.1%€1.1m▼ 49.5%€1.1m-
Working capital€0.3m-€0.2m▼ 24.8%€0.1m▼ 25.7%€0.2m▲ 40.8%-€0.1m-
The operating result for 2023 is €680, against €37,641 in 2021. Comparable figures for the intervening years are unavailable.
The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-880.1%▼
2021 · -150.7%
Current ratio
0.47▼
2021 · 1.83
ROA
-284.4%▼
2021 · 8.5%
Debt ≤ 1 year
€240,600▲
2021 · €239,887
Debt > 1 year
€859,632▼
2021 · €863,634
Income taxes
€319,845
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,957 | €29,057 | €601,574 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,043 | €384 | - |
| Non-recurring operating charges66A | - | - | - | €223,705 | - | - |
| Gross operating margin9900 | -€17,603 | €9,467 | €46,068 | €263,388 | €1,065 | - |
| Operating profit (loss)9901 | -€26,532 | -€51,619 | -€556,514 | €37,641 | €680 | - |
| Financial income75/76B | - | - | - | - | €9 | - |
| Recurring financial income75 | - | - | - | - | €9 | - |
| Financial charges65/66B | - | - | - | €299 | €86 | - |
| Recurring financial charges65 | €202 | €299 | €130 | €299 | €86 | - |
| Profit (loss) for the period before taxes9903 | -€26,735 | -€51,917 | -€556,644 | €37,342 | €603 | - |
| Income taxes67/77 | - | - | - | - | €319,845 | - |
| Profit (loss) for the period9904 | -€26,735 | -€51,917 | -€556,644 | €37,342 | -€319,242 | - |
| Profit (loss) for the period to be appropriated9905 | -€26,735 | -€51,917 | -€556,644 | €37,342 | -€319,242 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.1m | €1.5m | €0.4m | €0.1m | - |
| Fixed assets21/28 | €1.8m | €1.7m | €1.1m | - | - | - |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €1.1m | - | - | - |
| Current assets29/58 | €0.5m | €0.4m | €0.4m | €0.4m | €0.1m | - |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.3m | €0.4m | €0.1m | - |
| Trade receivables40 | - | - | - | €0.3m | - | - |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | - |
| Cash at bank and in hand54/58 | €0.09m | €0.04m | €0.03m | €0.01m | €0.003m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.1m | €1.5m | €0.4m | €0.1m | - |
| Equity10/15 | -€0.09m | -€0.1m | -€0.7m | -€0.7m | -€1.0m | - |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | - |
| Capital10 | - | - | - | €0.06m | €0.06m | - |
| Issued capital100 | - | - | - | €0.06m | €0.06m | - |
| Reserves13 | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | - |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | - |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | - |
| Distributable reserves133 | - | - | - | €0.005m | €0.005m | - |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.8m | -€0.7m | -€1.1m | - |
| Amounts payable17/49 | €2.4m | €2.3m | €2.2m | €1.1m | €1.1m | - |
| Amounts payable after more than one year17 | €2.1m | €2.1m | €2.0m | €0.9m | €0.9m | - |
| Other amounts payable178/9 | - | - | - | €0.9m | €0.9m | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,735 | -€51,917 | -€556,644 | €37,342 | -€319,242 | - |
| + Depreciation and write-downs630 | €2,957 | €29,057 | €601,574 | - | - | - |
| Operating cash flow (approximation) | -€23,778 | -€22,860 | €44,930 | €37,342 | -€319,242 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€53,048 | -€9,356 | -€16,317 | - | - |
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 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 14-01-2025 | 2025-00006013 | |
| 31-12-2021 | full format | 30-12-2022 | 2023-20550802 | |
| 31-12-2020 | full format | 07-10-2021 | 2021-71800566 | |
| 31-12-2019 | full format | 21-09-2020 | 2020-54500551 | |
| 31-12-2018 | full format | 20-09-2019 | 2019-65100413 | |
| 31-12-2017 | full format | 03-10-2018 | 2018-68900010 | |
| 31-12-2016 | micro format | 30-10-2017 | 2017-68600081 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-63900597 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57900247 | |
| 31-12-2013 | full format | 21-11-2014 | 2014-67500100 |