IMMO D & B
InactiveSignals
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 · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 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 12-06-2023, 49 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
49 d early
2021
4 d late
2020
5 d late
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 20 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, micro schema
Turnover
€38,348
EBIT margin
45.6%
Net result
€6,928▼ 28.5%
2021 · €9,690
Working capital
€6,016▲ 576%
2021 · €890
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at 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
Line20182019202020212022
Turnover€38,348
Operating result€20,171-€34,129▲ 69.2%€17,499▼ 48.7%€13,215▼ 24.5%€9,459▼ 28.4%
Net result€20,170-€33,990▲ 68.5%€16,379▼ 51.8%€9,690▼ 40.8%€6,928▼ 28.5%
EBIT margin45.6%
Equity€171,527-€175,518▲ 2.3%€161,897▼ 7.8%€146,586▼ 9.5%€143,514▼ 2.1%
Total assets€210,919-€211,089▲ 0.1%€179,248▼ 15.1%€164,801▼ 8.1%€148,086▼ 10.1%
Debt€39,391-€35,571▼ 9.7%€17,352▼ 51.2%€18,215▲ 5.0%€4,572▼ 74.9%
Working capital€2,735-€42,456▲ 1,453%€7,587▼ 82.1%€890▼ 88.3%€6,016▲ 576%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2022 is 28% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €148,086
Fixed assets
€139,039 ▼ 6.8%
Current assets
€9,048 ▼ 41.8%
Equity and liabilities €148,086
Equity
€143,514 ▼ 2.1%
Debt
€4,572 ▼ 74.9%
Debt's share of the balance-sheet total falls from 11.1% to 3.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19,680▼
2021 · €23,820
Cash flow
€17,149▼
2021 · €20,295
Current ratio
2.98▲
2021 · 1.06
Debt to equity
0.03▼
2021 · 0.12
ROE
4.8%▼
2021 · 6.6%
ROA
4.7%▼
2021 · 5.9%
Interest coverage
88.76▲
2021 · 84.89
Debt ≤ 1 year
€3,032▼
2021 · €14,651
Debt > 1 year
€1,540▼
2021 · €3,564
Income taxes
€2,309▼
2021 · €3,245
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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €38,348 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,847 | €9,998 | €10,432 | €10,605 | €10,221 | ▼ 3.6% |
| Other operating charges640/8 | - | - | - | €2,607 | €3,174 | ▲ 21.8% |
| Gross operating margin9900 | €36,907 | €47,142 | €30,587 | €26,427 | €22,854 | ▼ 13.5% |
| Operating profit (loss)9901 | €20,171 | €34,129 | €17,499 | €13,215 | €9,459 | ▼ 28.4% |
| Financial charges65/66B | - | - | - | €281 | €222 | ▼ 21.0% |
| Recurring financial charges65 | €1 | €139 | €172 | €281 | €222 | ▼ 21.0% |
| Profit (loss) for the period before taxes9903 | €20,170 | €33,990 | €17,327 | €12,935 | €9,237 | ▼ 28.6% |
| Income taxes67/77 | - | - | €948 | €3,245 | €2,309 | ▼ 28.8% |
| Profit (loss) for the period9904 | €20,170 | €33,990 | €16,379 | €9,690 | €6,928 | ▼ 28.5% |
| Profit (loss) for the period to be appropriated9905 | €20,170 | €33,990 | €16,379 | €9,690 | €6,928 | ▼ 28.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210,919 | €211,089 | €179,248 | €164,801 | €148,086 | ▼ 10.1% |
| Fixed assets21/28 | €168,793 | €163,061 | €159,865 | €149,260 | €139,039 | ▼ 6.8% |
| Tangible fixed assets22/27 | €168,738 | €163,006 | €159,810 | €149,205 | €138,984 | ▼ 6.9% |
| Land and buildings22 | - | - | - | €148,877 | €138,750 | ▼ 6.8% |
| Furniture and vehicles24 | - | - | - | €328 | €234 | ▼ 28.6% |
| Financial fixed assets28 | €55 | €55 | €55 | €55 | €55 | = |
| Current assets29/58 | €42,126 | €48,028 | €19,383 | €15,541 | €9,048 | ▼ 41.8% |
| Amounts receivable within one year40/41 | €24,790 | - | €15,414 | €12,006 | €4,842 | ▼ 59.7% |
| Trade receivables40 | - | - | - | €8,594 | - | - |
| Other amounts receivable41 | - | - | - | €3,412 | €4,842 | ▲ 41.9% |
| Cash at bank and in hand54/58 | €15,859 | €30,253 | €2,590 | €3,352 | €3,860 | ▲ 15.2% |
| Deferred charges and accrued income490/1 | - | - | - | €184 | €346 | ▲ 88.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210,919 | €211,089 | €179,248 | €164,801 | €148,086 | ▼ 10.1% |
| Equity10/15 | €171,527 | €175,518 | €161,897 | €146,586 | €143,514 | ▼ 2.1% |
| Contributions10/11 | €10,674 | €10,674 | - | €10,674 | €10,674 | = |
| Reserves13 | €160,202 | €164,202 | €151,202 | €135,902 | €132,802 | ▼ 2.3% |
| Non-distributable reserves130/1 | - | - | - | €3,202 | - | - |
| Other1319 | - | - | - | €3,202 | - | - |
| Distributable reserves133 | - | - | - | €132,700 | €132,802 | ▲ 0.1% |
| Profit (loss) carried forward14 | €652 | €642 | €21 | €11 | €39 | ▲ 259% |
| Amounts payable17/49 | €39,391 | €35,571 | €17,352 | €18,215 | €4,572 | ▼ 74.9% |
| Amounts payable after more than one year17 | - | - | €5,556 | €3,564 | €1,540 | ▼ 56.8% |
| Financial debts170/4 | - | - | - | €3,564 | €1,540 | ▼ 56.8% |
| Amounts payable within one year42/48 | €39,391 | €5,571 | €11,796 | €14,651 | €3,032 | ▼ 79.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,992 | €2,024 | ▲ 1.6% |
| Trade debts44 | €9,391 | €5,571 | €4,902 | €2,259 | €628 | ▼ 72.2% |
| Suppliers440/4 | - | - | - | €2,259 | €628 | ▼ 72.2% |
| Other amounts payable47/48 | - | - | - | €10,400 | €380 | ▼ 96.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,170 | €33,990 | €16,379 | €9,690 | €6,928 | ▼ 28.5% |
| + Depreciation and write-downs630 | €9,847 | €9,998 | €10,432 | €10,605 | €10,221 | ▼ 3.6% |
| Operating cash flow (approximation) | €30,017 | €43,988 | €26,811 | €20,295 | €17,149 | ▼ 15.5% |
| Investment in fixed assets (approximation) | - | -€4,267 | -€7,236 | €0 | €0 | - |
| Change in cash | - | €14,394 | -€27,663 | €761 | €508 | ▼ 33.3% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6,928 ▼28.5%
Net result drops to €6,928, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.98
Current ratio from 1.06 to 2.98; short-term debt falls from €14,651 to €3,032.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €33,990 ▲68.5%
Operating result €34,129, net result €33,990, both a record.
31-12
Financial
Liquidity times 8current ratio 8.62
Current ratio from 1.07 to 8.62; short-term debt falls from €39,391 to €5,571.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
2015
08-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Structure & network
Owners and holdings
1 ownerChain of control
- Tony BELLAVIA AVOCAT
- IMMO D & B
Highest known parent: Tony BELLAVIA AVOCAT. The sources do not say who stands above it.
Owners 1
-
100%
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.