HIMO
InactiveFinancials · financial year 2023, micro format
2023 annual accounts filed 55 days after the deadline Filed on 24 June 2024, deadline 30 April 2024 (7 months after the close on 30 September 2023, Companies Code art. 3:10). Source: NBB, 2024-00159561.
Annual accounts 2023 filed on 24-06-2024 PDF all 34 filings
Turnover
≈ €110,000
Estimated: probably between €63,000 and €190,000
Total assets
€1.2m▼ 4.8%
2022 · €1.3m
Net result
-€14,234▲ 78.5%
2022 · -€66,278
Working capital
-€27,117▲ 52.3%
2022 · -€56,891
Multi-year overview
2018 to 2023, 6 financial yearsOperating result
-€30,765
▲ 53.2%
2023
20182023
Net result
-€14,234
▲ 78.5%
2023
20182023
Equity
-€411,193
▼ 5.2%
2023
20182023
Total assets
€1.2m
▼ 4.8%
2023
20182023
Debt
€1.6m
▼ 2.4%
2023
20182023
Working capital
-€27,117
▲ 52.3%
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€0.08m--€0.05m▲ 38.9%-€0.08m▼ 63.8%-€0.2m▼ 96.3%-€0.07m▲ 57.6%-€0.03m▲ 53.2%
Net result-€0.07m--€0.04m▲ 45.2%-€0.07m▼ 85.6%-€0.1m▼ 115%-€0.07m▲ 54.2%-€0.01m▲ 78.5%
Equity-€0.04m--€0.09m▼ 109%-€0.2m▼ 88.0%-€0.3m▼ 94.6%-€0.4m▼ 23.7%-€0.4m▼ 5.2%
Total assets€0.8m-€0.7m▼ 11.4%€0.6m▼ 11.5%€1.3m▲ 108%€1.3m▲ 0.1%€1.2m▼ 4.8%
Debt€0.8m-€0.7m▼ 5.2%€0.7m▲ 0.1%€1.5m▲ 111%€1.6m▲ 5.1%€1.6m▼ 2.4%
Working capital-€0.8m--€0.7m▲ 5.2%-€0.7m▲ 1.6%-€0.05m▲ 92.3%-€0.06m▼ 4.5%-€0.03m▲ 52.3%
The operating result for 2023 is a loss of €30,765, smaller than the loss of €65,695 in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.1m ▼ 4.5%
Current assets
€83,480 ▼ 9.6%
Equity and liabilities
Equity-€411,193
Debt€1.6m
Equity is negative. Debt (€1.6m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios
EBITDA
€25,593▲
2022 · €9,487
Cash flow
€42,124▲
2022 · €8,904
Solvency
-34.2%▼
2022 · -30.9%
Current ratio
0.75▲
2022 · 0.62
ROA
-1.2%▲
2022 · -5.2%
Interest coverage
53.26▲
2022 · 0.80
Debt ≤ 1 year
€110,596▼
2022 · €149,208
Debt > 1 year
€1.5m=
2022 · €1.5m
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.
Investments
| Item | 2021 | 2022 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €732,989 | - | - |
| Depreciation and write-downs of the year | €75,484 | €75,182 | €56,358 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93,997 | €87,227 | €80,857 | €75,484 | €75,182 | €56,358 | ▼ 25.0% |
| Other operating charges640/8 | - | - | - | €98,146 | €15,654 | €543 | ▼ 96.5% |
| Gross operating margin9900 | €52,063 | €45,248 | €33,844 | €18,529 | €25,141 | €26,136 | ▲ 4.0% |
| Operating profit (loss)9901 | -€78,949 | -€48,235 | -€79,032 | -€155,101 | -€65,695 | -€30,765 | ▲ 53.2% |
| Financial income75/76B | - | - | - | €2,632 | €2,421 | €10,373 | ▲ 328% |
| Recurring financial income75 | €3,154 | €2,919 | €2,890 | €2,632 | €2,421 | €10,373 | ▲ 328% |
| Financial charges65/66B | - | - | - | €1,354 | €11,919 | €481 | ▼ 96.0% |
| Recurring financial charges65 | €568 | €347 | €329 | €1,354 | €11,919 | €481 | ▼ 96.0% |
| Profit (loss) for the period before taxes9903 | -€76,363 | -€45,663 | -€76,471 | -€153,823 | -€75,193 | -€20,873 | ▲ 72.2% |
| Transfer from deferred taxes780 | - | - | - | €8,986 | €8,915 | €6,639 | ▼ 25.5% |
| Profit (loss) for the period9904 | -€66,330 | -€36,328 | -€67,409 | -€144,837 | -€66,278 | -€14,234 | ▲ 78.5% |
| Profit (loss) for the period to be appropriated9905 | -€66,330 | -€36,328 | -€67,409 | -€144,837 | -€66,278 | -€14,234 | ▲ 78.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.8m | €0.7m | €0.6m | €1.3m | €1.3m | €1.2m | ▼ 4.8% |
| Fixed assets21/28 | €0.8m | €0.7m | €0.6m | €1.2m | €1.2m | €1.1m | ▼ 4.5% |
| Tangible fixed assets22/27 | €0.8m | €0.7m | €0.6m | €1.2m | €1.2m | €1.1m | ▼ 4.5% |
| Land and buildings22 | - | - | - | €1.1m | €1.1m | €1.0m | ▼ 4.9% |
| Assets under construction and advance payments27 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €0.02m | €0.02m | €0.02m | €0.02m | €0.09m | €0.08m | ▼ 9.6% |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.01m | €0.01m | €0.09m | €0.07m | ▼ 18.3% |
| Trade receivables40 | - | - | - | €0.01m | €0.09m | €0.07m | ▼ 18.3% |
| Other amounts receivable41 | - | - | - | €0.002m | - | - | - |
| Cash at bank and in hand54/58 | €0.002m | €0.002m | €0.003m | €0.002m | €0.005m | €0.01m | ▲ 159% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.8m | €0.7m | €0.6m | €1.3m | €1.3m | €1.2m | ▼ 4.8% |
| Equity10/15 | -€0.04m | -€0.09m | -€0.2m | -€0.3m | -€0.4m | -€0.4m | ▼ 5.2% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | = |
| Revaluation surpluses12 | - | - | - | €0.1m | €0.1m | €0.09m | ▼ 11.7% |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | - | - | €0.03m | €0.03m | €0.02m | ▼ 16.0% |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 6.4% |
| Profit (loss) carried forward14 | -€0.5m | -€0.5m | -€0.6m | -€0.7m | -€0.8m | -€0.8m | ▼ 1.8% |
| Investment grants15 | - | - | - | €0.03m | €0.02m | €0.02m | ▼ 7.2% |
| Provisions and deferred taxes16 | €0.05m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 6.4% |
| Deferred taxes168 | - | - | - | €0.04m | €0.03m | €0.03m | ▼ 6.4% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.7m | €1.5m | €1.6m | €1.6m | ▼ 2.4% |
| Amounts payable after more than one year17 | €200 | €400 | €0.001m | €1.5m | €1.5m | €1.5m | = |
| Financial debts170/4 | - | - | - | €1.5m | €1.5m | €1.5m | = |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Amounts payable within one year42/48 | €0.8m | €0.7m | €0.7m | €0.07m | €0.1m | €0.1m | ▼ 25.9% |
| Trade debts44 | €0.006m | €0.001m | €0.01m | €0.009m | €0.02m | €0.04m | ▲ 61.0% |
| Suppliers440/4 | - | - | - | €0.009m | €0.02m | €0.04m | ▲ 61.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.001m | €0.003m | ▲ 150% |
| Taxes450/3 | - | - | - | - | €0.001m | €0.003m | ▲ 150% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.1m | €0.07m | ▼ 43.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€66,330 | -€36,328 | -€67,409 | -€144,837 | -€66,278 | -€14,234 | ▲ 78.5% |
| + Depreciation and write-downs630 | €93,997 | €87,227 | €80,857 | €75,484 | €75,182 | €56,358 | ▼ 25.0% |
| Operating cash flow (approximation) | €27,667 | €50,899 | €13,448 | -€69,353 | €8,904 | €42,124 | ▲ 373% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€732,989 | €0 | -€4,000 | - |
| Change in cash | - | -€878 | €1,781 | -€1,842 | €3,061 | €7,251 | ▲ 137% |
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 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 24-06-2024 | 2024-00159561 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00303616 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20422388 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-55300243 | |
| 31-12-2019 | micro format | 14-09-2020 | 2020-52900007 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-29200139 | |
| 31-12-2017 | micro format | 19-12-2018 | 2018-75200425 | |
| 31-12-2016 | micro format | 31-10-2018 | 2018-71300091 | |
| 31-12-2015 | full format | 28-09-2016 | 2016-62700137 | |
| 31-12-2014 | full format | 25-08-2015 | 2015-45500198 |