IMMA
InactiveFrom the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2022, full format
2022 annual accounts filed late (24 days) Filed on 24 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00364958.
Latest annual accounts filed
Annual accounts 2022
- Financial year ended
- 31-12-2022
- Filed on
- 24-08-2023
- Format
- full format
- Reference
- 2023-00364958
Turnover
≈ €140,000
Estimated: probably between €73,000 and €260,000
EBIT margin
Not included in this filing
Net result
€17,910▼ 56.9%
2021 · €41,567
Working capital
€1.1m▲ 36.7%
2021 · €781,635
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result falls in 2022; 2022 is 33% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.01m
2022
Net result€0.02m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.3m
2022
Equity€0.9m
2022
Debt€0.3m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.1m
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.02m-€0.02m▲ 16.6%-€0.001m€0.02m€0.01m▼ 33.0%
Net result€0.04m-€0.05m▲ 9.2%€0.02m▼ 47.9%€0.04m▲ 74.7%€0.02m▼ 56.9%
Equity€0.8m-€0.9m▲ 5.6%€0.9m▲ 2.7%€0.9m▲ 4.7%€0.9m▲ 1.9%
Total assets€0.9m-€1.0m▲ 4.6%€1.0m▲ 1.0%€1.0m▲ 3.5%€1.3m▲ 26.3%
Debt€0.1m-€0.1m▼ 2.9%€0.09m▼ 13.8%€0.08m▼ 7.8%€0.3m▲ 297%
Working capital€0.7m-€0.7m▲ 6.3%€0.7m▲ 3.6%€0.8m▲ 5.8%€1.1m▲ 36.7%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.3m
Fixed assets
€202,066 ▼ 5.6%
Current assets
€1.1m ▲ 34.9%
Equity and liabilities €1.3m
Equity
€948,473 ▲ 1.9%
Debt
€333,472 ▲ 297%
Debt's share of the balance-sheet total rises from 8.3% to 26.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,341▼
2021 · €35,522
Cash flow
€39,809▼
2021 · €61,493
Current ratio
94.26▲
2021 · 42.39
Debt to equity
0.35▲
2021 · 0.09
ROE
1.9%▼
2021 · 4.5%
ROA
1.4%▼
2021 · 4.1%
Interest coverage
21.90▲
2021 · 12.21
Debt ≤ 1 year
€11,456▼
2021 · €18,885
Debt > 1 year
€320,611▲
2021 · €65,165
Income taxes
€6,902▲
2021 · €456
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,953 | €16,454 | €16,742 | €19,926 | €21,899 | ▲ 9.9% |
| Other operating charges640/8 | - | - | - | €13,489 | €5,804 | ▼ 57.0% |
| Gross operating margin9900 | €45,541 | €44,841 | €26,008 | €49,010 | €38,145 | ▼ 22.2% |
| Operating profit (loss)9901 | €18,871 | €22,010 | -€1,140 | €15,595 | €10,442 | ▼ 33.0% |
| Financial income75/76B | - | - | - | €29,337 | €40,717 | ▲ 38.8% |
| Recurring financial income75 | €25,499 | €26,853 | €28,325 | €29,337 | €40,717 | ▲ 38.8% |
| Financial charges65/66B | - | - | - | €2,909 | €26,348 | ▲ 806% |
| Recurring financial charges65 | €2,223 | €2,647 | €2,940 | €2,909 | €1,477 | ▼ 49.2% |
| Non-recurring financial charges66B | - | - | - | - | €24,871 | - |
| Profit (loss) for the period before taxes9903 | €42,147 | €46,216 | €24,246 | €42,023 | €24,811 | ▼ 41.0% |
| Income taxes67/77 | €306 | €530 | €454 | €456 | €6,902 | ▲ 15× |
| Profit (loss) for the period9904 | €41,841 | €45,686 | €23,792 | €41,567 | €17,910 | ▼ 56.9% |
| Profit (loss) for the period to be appropriated9905 | €41,841 | €45,686 | €23,792 | €41,567 | €17,910 | ▼ 56.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.9m | €1.0m | €1.0m | €1.0m | €1.3m | ▲ 26.3% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.6% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.6% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | ▼ 5.1% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | ▼ 11.2% |
| Other tangible fixed assets26 | - | - | - | €0.001m | €0.001m | ▼ 11.5% |
| Current assets29/58 | €0.7m | €0.7m | €0.8m | €0.8m | €1.1m | ▲ 34.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.7m | €1.0m | ▲ 40.7% |
| Other amounts receivable291 | - | - | - | €0.7m | €1.0m | ▲ 40.7% |
| Amounts receivable within one year40/41 | €0.05m | €0.08m | €0.07m | €0.08m | €0.08m | ▲ 2.6% |
| Trade receivables40 | - | - | - | €0.03m | €0.04m | ▲ 40.7% |
| Other amounts receivable41 | - | - | - | €0.05m | €0.04m | ▼ 20.2% |
| Cash at bank and in hand54/58 | €367 | €218 | €0.002m | €0.001m | €0.001m | ▲ 17.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.002m | ▼ 88.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €1.0m | €1.0m | €1.3m | ▲ 26.3% |
| Equity10/15 | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 1.9% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.0m | €1.0m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.1m | -€0.1m | -€0.08m | ▲ 18.2% |
| Amounts payable17/49 | €0.1m | €0.1m | €0.09m | €0.08m | €0.3m | ▲ 297% |
| Amounts payable after more than one year17 | €0.09m | €0.08m | €0.07m | €0.07m | €0.3m | ▲ 392% |
| Financial debts170/4 | - | - | - | €0.009m | €0.005m | ▼ 40.9% |
| Other amounts payable178/9 | - | - | - | €0.06m | €0.3m | ▲ 463% |
| Amounts payable within one year42/48 | €0.02m | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 39.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.004m | ▼ 75.5% |
| Financial debts43 | - | - | - | €0.002m | - | - |
| Credit institutions430/8 | - | - | - | €0.002m | - | - |
| Trade debts44 | €0.002m | €0.01m | €0.005m | €0.001m | €344 | ▼ 64.2% |
| Suppliers440/4 | - | - | - | €0.001m | €344 | ▼ 64.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.007m | ▲ 708% |
| Taxes450/3 | - | - | - | €0.001m | €0.007m | ▲ 708% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,841 | €45,686 | €23,792 | €41,567 | €17,910 | ▼ 56.9% |
| + Depreciation and write-downs630 | €20,953 | €16,454 | €16,742 | €19,926 | €21,899 | ▲ 9.9% |
| Operating cash flow (approximation) | €62,793 | €62,140 | €40,534 | €61,493 | €39,809 | ▼ 35.3% |
| Investment in fixed assets (approximation) | - | -€8,505 | -€4,715 | -€14,397 | -€9,872 | ▲ 31.4% |
| Change in cash | - | -€149 | €1,875 | -€1,493 | €106 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 24-08-2023 | 2023-00364958 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20392443 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60700288 | |
| 31-12-2019 | full format | 30-11-2020 | 2020-73800566 | |
| 31-12-2018 | full format | 29-08-2019 | 2019-58900236 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59600545 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-49400466 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-54100289 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-56000482 | |
| 31-12-2013 | full format | 21-11-2014 | 2014-67500164 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.