IMMO OBOS
Annual accounts 2022
abbreviated format, filed on 31-07-2023, on the day of the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €118,551 on 31-12-2022in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
118,551 | 121,905 | 144,917 | 336,471 | 1.4m | 1.5m | 2.2m | 2.0m | 1.8m | 1.6m | 1.9m | 1.8m | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | |
21/28 |
650 | 650 | 650 | 5,447 | 904,814 | 1.0m | 1.4m | 1.2m | 963,286 | 978,421 | 1.1m | 1.1m | 993,887 | - | 1.1m | 1.2m | 1.3m | |
21 |
- | - | - | - | - | - | - | 227 | 1,355 | 3,082 | 5,531 | 9,110 | 82,414 | 156,318 | 125,897 | 232,788 | 346,572 | |
22/27 |
- | - | - | 4,797 | 904,164 | 1.0m | 1.4m | 1.2m | 955,998 | 969,122 | 1.1m | 1.1m | 904,346 | 897,317 | 959,338 | 961,592 | 899,731 | |
22 |
- | - | - | - | 887,026 | 979,610 | 1.3m | 1.2m | 913,895 | 904,974 | 1.0m | 936,690 | 763,178 | 701,629 | 784,729 | 892,122 | 842,878 | |
23 |
- | - | - | - | - | - | - | - | 153 | 305 | 458 | 925 | 628 | 942 | 1,338 | 165 | 248 | |
24 |
- | - | - | 4,797 | 17,138 | 29,691 | 48,585 | 75,082 | 41,951 | 56,085 | 64,015 | 75,525 | 91,388 | 129,210 | 173,270 | 69,305 | 56,606 | |
25 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 65,536 | - | - | - | |
28 |
650 | 650 | 650 | 650 | 650 | 650 | 5,932 | 5,932 | 5,932 | 6,216 | 6,216 | 5,932 | 7,127 | 7,127 | 7,127 | 5,497 | 5,497 | |
29/58 |
117,901 | 121,255 | 144,267 | 331,024 | 518,358 | 487,280 | 806,731 | 714,778 | 788,996 | 665,068 | 735,962 | 713,732 | 435,128 | 327,957 | 341,782 | 315,927 | 241,901 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 34,364 | 42,471 | 7,185 | 14,781 | 57,113 | 57,133 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 34,364 | 42,471 | 7,185 | 14,781 | 57,113 | 57,133 | |
40/41 |
99,066 | 92,228 | 72,195 | 11,579 | 205,340 | 140,768 | 699,810 | 424,510 | 269,844 | 374,993 | 362,701 | 276,991 | 299,720 | 265,892 | 243,497 | 185,723 | 85,420 | |
40 |
2,671 | 72,698 | 42,698 | 4,620 | 111,936 | 125,020 | 248,163 | 282,251 | 234,986 | 323,388 | 356,899 | 276,641 | 263,763 | 210,007 | 174,295 | 166,616 | 78,815 | |
41 |
96,396 | 19,531 | 29,497 | 6,959 | 93,405 | 15,748 | 451,647 | 142,259 | 34,858 | 51,605 | 5,802 | 350 | 35,957 | 55,885 | 69,202 | 19,107 | 6,606 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,437 | 13,437 | 13,437 | |
54/58 |
15,595 | 28,408 | 72,072 | 319,444 | 313,018 | 343,678 | 98,478 | 270,918 | 498,176 | 287,661 | 350,669 | 360,355 | 74,965 | 38,540 | 54,272 | 45,742 | 70,810 | |
490/1 |
3,240 | 619 | - | - | - | 2,834 | 8,443 | 19,349 | 20,975 | 2,415 | 22,592 | 42,021 | 17,973 | 16,340 | 15,795 | 13,913 | 15,099 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
118,551 | 121,905 | 144,917 | 336,471 | 1.4m | 1.5m | 2.2m | 2.0m | 1.8m | 1.6m | 1.9m | 1.8m | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | |
10/15 |
-78,473 | -63,315 | -56,261 | -36,409 | 141,374 | 322,512 | 331,393 | 372,434 | 430,516 | 329,209 | 182,866 | 71,403 | -311,888 | -230,016 | -107,729 | -1,454 | 68,253 | |
10/11 |
296,803 | 296,803 | 296,803 | 296,607 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 616,525 | 130,243 | - | 130,243 | 130,243 | 130,243 | |
10 |
296,607 | 296,607 | - | - | - | - | - | - | - | - | - | - | - | 130,243 | - | - | - | |
100 |
296,607 | 296,607 | 296,607 | 296,607 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 808,655 | 616,525 | 130,243 | 130,243 | 130,243 | 130,243 | 130,243 | |
11 |
196 | 196 | 196 | 196 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | 535 | 534 | 534 | 534 | |
1100/10 |
196 | 196 | 196 | 196 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | 534 | - | 534 | 534 | 534 | |
13 |
2,684 | 6,042 | 6,042 | 6,042 | 16,473 | 16,473 | 16,473 | 16,473 | 48,554 | 66,710 | 84,866 | 103,021 | 158,214 | 182,791 | 208,416 | 237,989 | 272,117 | |
130/1 |
2,684 | 2,684 | 2,684 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
2,684 | 2,684 | 2,684 | 2,684 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | 7,317 | |
132 |
- | - | - | - | - | - | - | - | 32,082 | 50,237 | 68,393 | 86,549 | 141,741 | 166,318 | 191,943 | 221,516 | 255,644 | |
133 |
- | 3,358 | 3,358 | 3,358 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | 9,156 | |
14 |
-377,960 | -366,160 | -359,106 | -339,255 | -684,288 | -503,150 | -494,270 | -453,229 | -427,228 | -546,690 | -711,190 | -648,677 | -600,880 | -543,585 | -446,922 | -370,220 | -334,641 | |
16 |
- | - | - | - | - | - | - | - | 16,520 | 25,868 | 35,217 | 44,566 | 72,986 | 85,641 | 98,836 | 129,063 | 146,637 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | 15,000 | |
168 |
- | - | - | - | - | - | - | - | 16,520 | 25,868 | 35,217 | 44,566 | 72,986 | 85,641 | 98,836 | 114,063 | 131,637 | |
17/49 |
197,024 | 185,220 | 201,178 | 372,880 | 1.3m | 1.2m | 1.8m | 1.6m | 1.3m | 1.3m | 1.7m | 1.7m | 1.7m | 1.5m | 1.4m | 1.4m | 1.3m | |
17 |
- | - | - | - | 792,301 | 668,399 | 1.0m | 1.0m | 857,702 | 867,813 | 912,320 | 1.0m | 781,038 | 803,520 | 864,739 | 875,194 | 952,806 | |
170/4 |
- | - | - | - | 734,804 | 605,312 | 937,516 | 941,923 | 765,018 | 778,135 | 842,905 | 978,926 | 721,379 | 743,117 | 804,337 | 814,791 | 952,806 | |
178/9 |
- | - | - | - | 57,497 | 63,087 | 71,325 | 81,447 | 92,684 | 89,678 | 69,415 | 58,165 | 59,659 | 60,403 | 60,402 | 60,402 | - | |
42/48 |
197,024 | 185,220 | 200,967 | 372,880 | 483,869 | 500,692 | 823,152 | 542,913 | 434,785 | 410,370 | 687,055 | 624,440 | 886,880 | 717,959 | 561,637 | 496,457 | 310,060 | |
42 |
- | - | - | - | 100,518 | 55,262 | 146,017 | 146,820 | 106,622 | 108,476 | 134,435 | 147,434 | 134,453 | 122,448 | 105,867 | 85,863 | 85,275 | |
43 |
- | - | - | - | 25,000 | 38,500 | 404,206 | 50,000 | 50,000 | 50,000 | - | - | 240,000 | 80,000 | - | - | - | |
430/8 |
- | - | - | - | 25,000 | 38,500 | 404,206 | 50,000 | 50,000 | 50,000 | - | - | 240,000 | 80,000 | - | - | - | |
44 |
7,132 | 172 | 3,864 | 7,482 | 146,724 | 172,039 | 145,256 | 259,369 | 103,616 | 109,027 | 370,613 | 365,034 | 436,106 | 245,738 | 233,413 | 212,750 | 140,642 | |
440/4 |
7,132 | 172 | 3,864 | 7,482 | 146,724 | 172,039 | 145,256 | 259,369 | 103,616 | 109,027 | 370,613 | 365,034 | 436,106 | 245,738 | 233,413 | 212,750 | 140,642 | |
45 |
- | - | 439 | 141,896 | 16,656 | 77,681 | 124,172 | 81,981 | 163,917 | 142,779 | 179,359 | 88,907 | 72,012 | 98,465 | 48,528 | 23,568 | 26,963 | |
450/3 |
- | - | 439 | 141,896 | 14,548 | 38,635 | 54,024 | 28,319 | 107,313 | 74,414 | 55,511 | 30,379 | 27,779 | 46,140 | 17,613 | 6,831 | 15,263 | |
454/9 |
- | - | - | - | 2,108 | 39,046 | 70,149 | 53,661 | 56,604 | 68,365 | 123,848 | 58,528 | 44,233 | 52,325 | 30,915 | 16,737 | 11,701 | |
47/48 |
189,893 | 185,049 | 196,664 | 223,502 | 194,971 | 157,210 | 3,502 | 4,743 | 10,630 | 89 | 2,648 | 23,065 | 4,308 | 171,308 | 173,829 | 174,276 | 57,180 | |
492/3 |
- | - | 211 | - | 5,628 | 5,628 | 14,019 | 14,778 | 12,759 | 10,228 | 57,147 | 12,699 | - | 11,615 | 16,660 | 16,545 | 15,945 | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | 62,974 | - | 163,425 | 18,586 | - | - | - | - | 36,191 | 165,000 | - | 20,742 | 12,397 | - | |
9900 |
-9,008 | -2,209 | -7,625 | 131,070 | 255,163 | 678,979 | 748,456 | 814,667 | 951,977 | 1.0m | 787,368 | 819,676 | 640,172 | 684,211 | 495,057 | 407,456 | 343,911 | |
62 |
- | - | - | 76,875 | 306,632 | 412,052 | 549,062 | 587,980 | 555,822 | 544,641 | 632,208 | 649,133 | 581,234 | 392,542 | 272,318 | 145,847 | 125,387 | |
630 |
- | - | 4,797 | 6,797 | 104,166 | 112,841 | 214,781 | 214,513 | 171,628 | 224,448 | 183,216 | 266,485 | 271,738 | 375,543 | 298,717 | 281,416 | 281,220 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | 3,211 | 5,954 | - | - | 11,520 | 8,814 | 9,826 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -15,000 | - | 15,000 | |
640/8 |
3,386 | 2,353 | 3,092 | 155,983 | 5,267 | 19,161 | 22,104 | 22,145 | 26,471 | 21,917 | 34,254 | 22,629 | 18,439 | 18,520 | 18,958 | 18,201 | 24,881 | |
66A |
- | - | - | 13,544 | - | 109,445 | - | - | - | - | - | 3,094 | - | - | - | 2,031 | - | |
9901 |
-12,394 | -4,562 | -15,514 | -122,129 | -160,901 | 25,480 | -37,490 | -9,971 | 198,056 | 241,042 | -65,521 | -124,524 | -231,239 | -102,394 | -91,457 | -46,824 | -112,403 | |
75/76B |
138 | 13 | 412 | 62,974 | 12 | 6,359 | 29,723 | 9,779 | 13,440 | 14,857 | 10,379 | 11,154 | 6,012 | - | 7,721 | 4,151 | 3,946 | |
75 |
138 | 13 | 412 | - | 12 | 6,359 | 11,137 | 9,779 | 13,440 | 14,857 | 10,379 | 11,154 | 6,012 | 18,237 | 7,721 | 4,151 | 3,946 | |
76B |
- | - | - | 62,974 | - | - | 18,586 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
2,901 | 2,505 | 4,723 | 28,694 | 21,166 | 30,653 | 33,286 | 34,239 | 34,011 | 26,899 | 33,810 | 51,136 | 35,586 | - | 58,217 | 54,975 | 51,315 | |
65 |
2,901 | 2,505 | 4,723 | 28,694 | 21,166 | 30,653 | 33,286 | 34,239 | 34,011 | 26,899 | 33,810 | 51,136 | 35,586 | 34,788 | 58,217 | 54,975 | 51,315 | |
9903 |
-15,158 | -7,054 | -19,826 | -87,849 | -182,055 | 1,185 | -41,053 | -34,432 | 177,485 | 228,999 | -88,951 | -131,410 | -95,813 | -118,893 | -121,210 | -87,281 | -159,772 | |
780 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 13,194 | - | - | - | |
67/77 |
- | - | 26 | 415 | -917 | 10,066 | -12 | 40,170 | 85,527 | 92,005 | 1,065 | - | -1,285 | 16,588 | 291 | - | -69 | |
9904 |
-15,158 | -7,054 | -19,851 | -88,264 | -181,138 | -8,881 | -41,041 | -58,082 | 101,307 | 146,344 | -80,668 | -102,991 | -81,873 | -122,287 | -106,274 | -69,708 | -139,423 | |
789 |
- | - | - | - | - | - | - | 32,082 | 18,156 | 18,156 | 18,156 | 55,193 | 24,578 | 25,625 | 29,572 | 34,129 | 39,387 | |
9905 |
-15,158 | -7,054 | -19,851 | -88,264 | -181,138 | -8,881 | -41,041 | -26,001 | 119,462 | 164,499 | -62,512 | -47,798 | -57,295 | -96,662 | -76,702 | -35,579 | -100,036 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-381,318 | -366,160 | -359,106 | -772,552 | -684,288 | -503,150 | -494,270 | -453,229 | -427,228 | -546,690 | -711,190 | -648,677 | -600,880 | -543,584 | -446,922 | -370,220 | -334,641 | |
14P |
-366,160 | -359,106 | - | - | - | - | - | - | - | - | - | - | - | -446,922 | - | - | - | |
791/2 |
3,358 | - | - | 433,298 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | 0.9 | 3.8 | 4.9 | 8.4 | 8.6 | 8 | 8.1 | 9.4 | 11.2 | 10 | 7.9 | 5.8 | 2.9 | 2.9 | |
Hours worked1013 |
- | - | - | 1,526 | 6,069 | 8,763 | 14,307 | 14,638 | 13,910 | 14,051 | 17,135 | 19,859 | 17,866 | - | 10,297 | 5,066 | 4,473 | |
| Document | ||||||||||||||||||
The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2022 (PDF), filed on 31-07-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00304752 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20255781 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-42900535 | |
| 31-12-2019 | abbreviated format | 05-09-2020 | 2020-51500457 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-42000458 | |
| 31-12-2017 | abbreviated format | 02-07-2018 | 2018-28700261 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-38100170 | |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-35200420 | |
| 31-12-2014 | abbreviated format | 01-07-2015 | 2015-26100034 | |
| 31-12-2013 | abbreviated format | 16-07-2014 | 2014-31200152 | |
| 31-12-2012 | abbreviated format | 18-07-2013 | 2013-32300193 | |
| 31-12-2011 | abbreviated format | 31-07-2012 | 2012-36800385 | |
| 31-12-2010 | abbreviated format | 04-08-2011 | 2011-38300125 | |
| 31-12-2009 | abbreviated format | 01-07-2010 | 2010-26200427 | |
| 31-12-2008 | abbreviated format | 08-07-2009 | 2009-39200180 | |
| 31-12-2007 | abbreviated format | 01-07-2008 | 2008-34400056 | |
| 31-12-2006 | abbreviated format | 02-07-2007 | 2007-36300220 | |
| 31-12-2005 | abbreviated format | 06-07-2006 | 2006-42200873 | |
| 31-12-2004 | abbreviated format | 16-06-2005 | 2005-28402086 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-52101865 | |
| 31-12-2002 | abbreviated format | 26-09-2003 | 2003-68600290 | |
| 31-12-2001 | abbreviated format | 22-07-2003 | 2003-45300008 | |
| 31-12-2000 | abbreviated format | 30-11-2001 | 2001-71800203 | |
| 31-12-1999 | abbreviated format | 27-12-2000 | 2000-76900292 | |
| 31-12-1998 | abbreviated format | 27-12-2000 | 2000-76900291 | |
| 31-12-1997 | abbreviated format | 06-10-1998 | 1998-51505371 | |
| 31-12-1996 | abbreviated format | 29-08-1997 | 1997-40402397 | |
| 31-12-1995 | abbreviated format | 30-10-1996 | 1996-49500611 | |
| 31-12-1994 | abbreviated format | 02-08-1995 | 1995-44104705 | |
| 31-12-1993 | abbreviated format | 17-08-1994 | 1994-36301417 | |
| 31-12-1992 | abbreviated format | 13-09-1993 | 1993-35404378 | |
| 31-12-1991 | abbreviated format | 31-08-1992 | 1992-29904431 | |
| 31-12-1990 | abbreviated format | 30-09-1991 | 1991-26602239 | |
| 31-12-1989 | abbreviated format | 05-11-1990 | 1990-27202205 | |
| 31-12-1988 | abbreviated format | 05-09-1989 | 1989-21600440 | |
| 31-12-1987 | abbreviated format | 21-11-1988 | 1988-23503277 | |
| 31-12-1986 | abbreviated format | 18-08-1987 | 1987-20402254 | |
| 31-12-1985 | abbreviated format | 05-09-1986 | 1986-37200161 | |
| 31-12-1984 | full format | 06-09-1985 | 1985-32601088 | |
| 31-12-1983 | unclassified schema | 13-09-1984 | 1984-13100128 | |
| 31-12-1982 | unclassified schema | 16-08-1983 | 1983-11201331 | |
| 31-12-1981 | unclassified schema | 23-07-1982 | 1982-09802223 | |
| 31-12-1980 | unclassified schema | 23-07-1981 | 1981-09500799 | |
| 31-12-1979 | unclassified schema | 21-08-1980 | 1980-10501277 | |
| 31-12-1978 | unclassified schema | 12-09-1979 | 1979-10801316 | |
| 31-12-1977 | unclassified schema | 10-10-1978 | 1978-07701104 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | -10,717 | -115,333 | -56,736 | 138,321 | 177,291 | 204,542 | 369,684 | 465,489 | 117,696 | 141,960 | 40,499 | 273,149 | 207,260 | 234,593 | 168,818 | ||
| - | - | -15,054 | -81,467 | -76,972 | 103,960 | 173,740 | 156,431 | 272,935 | 370,792 | 102,549 | 163,494 | 189,865 | 253,256 | 192,442 | 211,708 | 141,798 | ||
| - | - | 0 | -892,570 | 14,391 | 123,817 | 377,464 | 489,944 | 156,778 | 68,929 | 268,755 | 541,692 | 204,862 | 346,892 | 195,900 | 229,493 | 188,900 | ||
| -12,813 | -43,664 | -247,372 | 6,427 | -30,661 | 245,201 | -172,440 | -227,258 | 210,516 | -63,009 | -9,686 | 285,390 | 36,425 | -15,732 | 8,531 | -25,069 | - | ||
| -79,123 | -63,965 | -56,700 | -41,857 | 34,490 | -13,412 | -16,420 | 171,865 | 354,210 | 254,698 | 48,907 | 89,292 | -451,752 | -390,002 | -219,855 | -180,529 | -68,159 | ||
| -66.2% | -51.9% | -38.8% | -10.8% | 9.9% | 21.5% | 15.2% | 19.1% | 24.6% | 20.0% | 9.8% | 4.0% | -21.8% | -16.6% | -7.5% | -0.1% | 4.6% | ||
| 0.60 | 0.65 | 0.72 | 0.89 | 1.07 | 0.97 | 0.98 | 1.32 | 1.81 | 1.62 | 1.07 | 1.14 | 0.49 | 0.46 | 0.61 | 0.64 | 0.78 | ||
| 0.60 | 0.65 | 0.72 | 0.89 | 1.07 | 0.97 | 0.98 | 1.32 | 1.81 | 1.62 | 1.07 | 1.09 | 0.44 | 0.45 | 0.58 | 0.52 | 0.60 | ||
| - | - | - | - | 9.07 | 3.64 | 5.57 | 4.25 | 3.03 | 3.91 | 9.06 | 23.45 | - | - | - | - | 18.74 | ||
| - | - | - | - | -128.1% | -2.8% | -12.4% | -15.6% | 23.5% | 44.5% | -44.1% | -144.2% | - | - | - | - | -204.3% | ||
| -12.8% | -5.8% | -13.7% | -26.2% | -12.7% | -0.6% | -1.9% | -3.0% | 5.8% | 8.9% | -4.3% | -5.8% | -5.7% | -8.8% | -7.4% | -4.6% | -9.3% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 7.85 | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on IMMO OBOS
The operating result for 2022 is a loss of €12,394, larger than the loss of €4,562 in 2021.
Equity is negative. Debt (€197,024) exceeds the balance-sheet total (€118,551).