Herocs
Annual accounts 2023
abbreviated format, filed on 31-08-2023, 61 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €170,124 on 31-03-2023in euro
in euro
Position in the sector
-138.0%
Lower than 95% of 9,318 companies in 2023.
0.32
Lower than 95% of 9,246 companies in 2023.
-37.0%
Lower than 95% of 9,275 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
170,124 | 80,442 | |
21/28 |
42,651 | 30,099 | |
22/27 |
42,651 | 30,099 | |
23 |
7,754 | 9,443 | |
26 |
34,897 | 20,656 | |
29/58 |
127,473 | 50,343 | |
3 |
80,930 | 38,780 | |
30/36 |
80,930 | 38,780 | |
40/41 |
38,053 | 3,401 | |
40 |
32,778 | 129 | |
41 |
5,275 | 3,272 | |
54/58 |
8,394 | 8,038 | |
490/1 |
96 | 124 | |
| Balance sheet: equity and liabilities | |||
10/49 |
170,124 | 80,442 | |
10/15 |
-234,802 | -171,940 | |
10/11 |
10,000 | 10,000 | |
14 |
-244,802 | -181,940 | |
17/49 |
404,926 | 252,382 | |
42/48 |
404,441 | 248,306 | |
44 |
324,412 | 208,926 | |
440/4 |
324,412 | 208,926 | |
46 |
1,089 | 3,850 | |
45 |
217 | - | |
450/3 |
217 | - | |
47/48 |
78,723 | 35,530 | |
492/3 |
485 | 4,076 | |
| Income statement | |||
9900 |
-52,971 | -169,047 | |
630 |
9,008 | 12,463 | |
640/8 |
620 | 101 | |
9901 |
-62,599 | -181,611 | |
75/76B |
11 | 40 | |
75 |
11 | 40 | |
65/66B |
274 | 369 | |
65 |
274 | 369 | |
9903 |
-62,862 | -181,940 | |
9904 |
-62,862 | -181,940 | |
9905 |
-62,862 | -181,940 | |
| Appropriation of the result | |||
9906 |
-244,802 | -181,940 | |
14P |
-181,940 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 31-08-2023.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022, 1 entry, €2,000 awarded, €2,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| -53,591 | -169,148 | ||
| -53,854 | -169,477 | ||
| 21,560 | 42,562 | ||
| 356 | - | ||
| -276,968 | -197,963 | ||
| -138.0% | -213.7% | ||
| 0.32 | 0.20 | ||
| 0.12 | 0.05 | ||
| -37.0% | -226.2% | ||
| -195.59 | -458.40 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-03-2023 | 31-03-2022 |
|---|---|---|
| Tangible fixed assets | €21,560 | €42,562 |
| €9,008 | €12,463 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Insights on Herocs
The operating result for 2023 is a loss of €62,599, smaller than the loss of €181,611 in 2022.
Equity is negative. Debt (€404,926) exceeds the balance-sheet total (€170,124).