IMMERACTIVE
InactiveFinancials · fiscal year 2021, abbreviated schema
Equity
€12,338▼ 92.7%
2020 · €169,353
Total assets
€141,717▼ 46.1%
2020 · €263,101
Net result
-€157,016▼ 42.8%
2020 · -€109,973
Working capital
-€88,050▼ 162%
2020 · -€33,666
Trend over the years
2019 to 2021, 3 fiscal years 2019 to 2021, 3 fiscal years
The operating result stays negative: a loss of €154,964 in 2021 against €108,870 in 2020; the loss grows and 2021 has the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€154,964
2021
Net result-€157,016
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€141,717
2021
Equity€12,338
2021
Debt€129,379
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€88,050
2021
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2021
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€323,455--€108,870-€154,964▼ 42.3%
Net result€323,115--€109,973-€157,016▼ 42.8%
Equity€279,327-€169,353▼ 39.4%€12,338▼ 92.7%
Total assets€390,519-€263,101▼ 32.6%€141,717▼ 46.1%
Debt€111,192-€93,748▼ 15.7%€129,379▲ 38.0%
Working capital-€30,665--€33,666▼ 9.8%-€88,050▼ 162%
Staff (FTE)2-1
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €141,717
Fixed assets
€100,388 ▼ 50.4%
Current assets
€41,329 ▼ 31.2%
Equity and liabilities €141,717
Equity
€12,338 ▼ 92.7%
Debt
€129,379 ▲ 38.0%
Debt's share of the balance-sheet total rises from 35.6% to 91.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€52,334▼
2020 · -€1,096
Cash flow
-€54,386▼
2020 · -€2,199
Current ratio
0.32▼
2020 · 0.64
Debt to equity
10.49▲
2020 · 0.55
ROA
-110.8%▼
2020 · -41.8%
Interest coverage
-22.47▼
2020 · -0.99
Debt ≤ 1 year
€129,379▲
2020 · €93,748
Staff costs
€102,871▲
2020 · €56,926
A ratio outside any meaningful range has been withheld (balance sheet total €141,717, equity €12,338).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €56,926 | €102,871 | ▲ 80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €111,209 | €107,774 | €102,630 | ▼ 4.8% |
| Other operating charges640/8 | - | €1,080 | €407 | ▼ 62.3% |
| Gross operating margin9900 | €520,250 | €56,910 | €50,944 | ▼ 10.5% |
| Operating profit (loss)9901 | €323,455 | -€108,870 | -€154,964 | ▼ 42.3% |
| Financial income75/76B | - | €3 | €277 | ▲ 9,135% |
| Recurring financial income75 | €1 | €3 | €277 | ▲ 9,135% |
| Financial charges65/66B | - | €1,106 | €2,329 | ▲ 111% |
| Recurring financial charges65 | €341 | €1,106 | €2,329 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €323,115 | -€109,973 | -€157,016 | ▼ 42.8% |
| Profit (loss) for the period9904 | €323,115 | -€109,973 | -€157,016 | ▼ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €323,115 | -€109,973 | -€157,016 | ▼ 42.8% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.4m | €0.3m | €0.1m | ▼ 46.1% |
| Formation expenses20 | €0.001m | €459 | €0 | ▼ 100% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.1m | ▼ 50.4% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.1m | ▼ 50.7% |
| Tangible fixed assets22/27 | €0.01m | €0.003m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €0.003m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.003m | €0.004m | €0.004m | = |
| Current assets29/58 | €0.08m | €0.06m | €0.04m | ▼ 31.2% |
| Amounts receivable within one year40/41 | €0.07m | €0.04m | €0.03m | ▼ 23.2% |
| Trade receivables40 | - | €0.04m | €0.03m | ▼ 23.2% |
| Other amounts receivable41 | - | €0 | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.02m | €0.008m | ▼ 53.8% |
| Deferred charges and accrued income490/1 | - | - | €161 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.4m | €0.3m | €0.1m | ▼ 46.1% |
| Equity10/15 | €0.3m | €0.2m | €0.01m | ▼ 92.7% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | €1.4m | €1.4m | = |
| Issued capital100 | - | €1.4m | €1.4m | = |
| Revaluation surpluses12 | - | €0.1m | €0.1m | = |
| Reserves13 | €0.7m | €0.7m | €0.7m | = |
| Non-distributable reserves130/1 | - | €0.003m | €0.003m | = |
| Legal reserve130 | - | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | €0.7m | €0.7m | = |
| Profit (loss) carried forward14 | -€2.0m | -€2.1m | -€2.2m | ▼ 7.6% |
| Amounts payable17/49 | €0.1m | €0.09m | €0.1m | ▲ 38.0% |
| Amounts payable within one year42/48 | €0.1m | €0.09m | €0.1m | ▲ 38.0% |
| Current portion of amounts payable after more than one year42 | - | €0.005m | €0.005m | = |
| Trade debts44 | €0.08m | €0.05m | €0.09m | ▲ 64.5% |
| Suppliers440/4 | - | €0.05m | €0.09m | ▲ 64.5% |
| Taxes, remuneration and social security45 | - | €0.02m | €0.02m | ▼ 13.5% |
| Taxes450/3 | - | €0.01m | €0.003m | ▼ 80.5% |
| Remuneration and social security454/9 | - | €0.009m | €0.02m | ▲ 93.0% |
| Other amounts payable47/48 | - | €0.01m | €0.02m | ▲ 33.5% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €323,115 | -€109,973 | -€157,016 | ▼ 42.8% |
| + Depreciation and write-downs630 | €111,209 | €107,774 | €102,630 | ▼ 4.8% |
| Operating cash flow (approximation) | €434,324 | -€2,199 | -€54,386 | ▼ 2,373% |
| Investment in fixed assets (approximation) | - | -€1,259 | -€459 | ▲ 63.6% |
| Change in cash | - | €5,046 | -€8,734 | ▼ 273% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.