HOLREY
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-06-2023, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
54 d early
2021
2 d early
2020
58 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.4m
2021 · -€28,351
Working capital
€201,891▼ 84.4%
2021 · €1.3m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€38,323-€4,848-€3,523-€2,802▲ 20.5%€1.8m
Net result-€39,168-€4,165-€18,570-€28,351▼ 52.7%€1.4m
Equity-€297,840--€293,675▲ 1.4%-€312,245▼ 6.3%-€340,595▼ 9.1%€201,891
Total assets€80,637-€70,679▼ 12.3%€1.1m▲ 1,479%€2.0m▲ 81.9%€205,821▼ 89.9%
Debt€378,476-€364,354▼ 3.7%€1.4m▲ 292%€2.4m▲ 66.0%€3,930▼ 99.8%
Working capital-€338,914--€334,749▲ 1.2%€689,028€1.3m▲ 87.9%€201,891▼ 84.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €1.8m after a loss of €2,802 in 2021, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €205,821
Equity
€201,891
Debt
€3,930
Debt finances 1.9% of the balance-sheet total.
Key figures and ratios
Current ratio
52.37▲
2021 · 2.76
Debt to equity
0.02▲
2021 · -6.96
ROE
710.0%
ROA
696.5%▲
2021 · -1.4%
Debt ≤ 1 year
€3,930▼
2021 · €736,792
Debt > 1 year
€0▼
2021 · €1.6m
Income taxes
€313,331
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €224 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €421 | €944 | ▲ 124% |
| Gross operating margin9900 | -€31,733 | €8,335 | -€3,032 | -€2,382 | €1.8m | ▲ 74,372% |
| Operating profit (loss)9901 | -€38,323 | €4,848 | -€3,523 | -€2,802 | €1.8m | ▲ 63,194% |
| Financial charges65/66B | - | - | - | €25,548 | €21,256 | ▼ 16.8% |
| Recurring financial charges65 | €845 | €683 | €15,047 | €25,548 | €21,256 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | -€39,168 | €4,165 | -€18,570 | -€28,351 | €1.7m | ▲ 6,261% |
| Income taxes67/77 | - | - | - | - | €313,331 | - |
| Profit (loss) for the period9904 | -€39,168 | €4,165 | -€18,570 | -€28,351 | €1.4m | ▲ 5,156% |
| Profit (loss) for the period to be appropriated9905 | -€39,168 | €4,165 | -€18,570 | -€28,351 | €1.4m | ▲ 5,156% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,637 | €70,679 | €1.1m | €2.0m | €205,821 | ▼ 89.9% |
| Fixed assets21/28 | €41,075 | €41,075 | €0 | - | - | - |
| Tangible fixed assets22/27 | €41,075 | €41,075 | €0 | - | - | - |
| Current assets29/58 | €39,562 | €29,605 | €1.1m | €2.0m | €205,821 | ▼ 89.9% |
| Stocks and contracts in progress3 | - | - | €444,659 | €1.4m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €1.4m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €39,516 | €29,528 | €657,372 | €660,176 | €2,573 | ▼ 99.6% |
| Other amounts receivable41 | - | - | - | €660,176 | €2,573 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €46 | €77 | €14,324 | €6,672 | €203,248 | ▲ 2,946% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,637 | €70,679 | €1.1m | €2.0m | €205,821 | ▼ 89.9% |
| Equity10/15 | -€297,840 | -€293,675 | -€312,245 | -€340,595 | €201,891 | ▲ 159% |
| Contributions10/11 | €173,525 | €173,525 | €173,525 | €173,525 | €173,525 | = |
| Capital10 | - | - | - | €173,525 | €173,525 | = |
| Issued capital100 | - | - | - | €173,525 | €173,525 | = |
| Reserves13 | - | - | - | - | €17,353 | - |
| Non-distributable reserves130/1 | - | - | - | - | €17,353 | - |
| Legal reserve130 | - | - | - | - | €17,353 | - |
| Profit (loss) carried forward14 | -€471,365 | -€467,200 | -€485,770 | -€514,121 | €11,013 | ▲ 102% |
| Amounts payable17/49 | €378,476 | €364,354 | €1.4m | €2.4m | €3,930 | ▼ 99.8% |
| Amounts payable after more than one year17 | - | - | €1.0m | €1.6m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €1.6m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €378,476 | €364,354 | €427,327 | €736,792 | €3,930 | ▼ 99.5% |
| Financial debts43 | - | - | - | €342,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €342,000 | €0 | ▼ 100% |
| Trade debts44 | €24,156 | €22,354 | €21,727 | €21,192 | €599 | ▼ 97.2% |
| Suppliers440/4 | - | - | - | €21,192 | €599 | ▼ 97.2% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,331 | - |
| Taxes450/3 | - | - | - | - | €3,331 | - |
| Other amounts payable47/48 | - | - | - | €373,600 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,168 | €4,165 | -€18,570 | -€28,351 | €1.4m | ▲ 5,156% |
| + Depreciation and write-downs630 | €224 | €0 | - | - | - | - |
| Operating cash flow (approximation) | -€38,944 | €4,165 | -€18,570 | -€28,351 | €1.4m | ▲ 5,156% |
| Investment in fixed assets (approximation) | - | €0 | €41,075 | - | - | - |
| Change in cash | - | €31 | €14,247 | -€7,652 | €196,576 | ▲ 2,669% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1.4m
Net result €1.4m after 2 loss-making years.
31-12
Financial
Liquidity times 19current ratio 52.37
Current ratio from 2.76 to 52.37; short-term debt falls from €736,792 to €3,930.
31-12
Financial
Equity above €200,000Eq €201,891
Equity rises from -€340,595 to €201,891.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 32current ratio 2.61
Current ratio from 0.08 to 2.61.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €4,165
Net result €4,165 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
12-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 12 days late
Show earlier events
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
08-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 8 days late
2014
10-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- POLYURISOL
- HOLREY
Highest known parent: POLYURISOL. The sources do not say who stands above it.
Owners 1
- POLYURISOLparentSourceaccounts POLYURISOL 2022100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.