IMMOCO
InactiveFinancials · financial year 2022, full format
Turnover
≈ €430,000
Estimated: probably between €260,000 and €810,000
EBIT margin
Not included in this filing
Net result
€111,145▼ 80.1%
2021 · €559,575
Working capital
€120,379
2021 · -€127,922
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result falls in 2022; 2022 is 80% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2022
Net result€0.1m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.3m
2022
Equity€3.2m
2022
Debt€0.09m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
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€0.1m-€0.08m▼ 22.5%€0.07m▼ 12.7%€0.7m▲ 940%€0.1m▼ 79.6%
Net result€0.06m-€0.05m▼ 23.2%€0.05m▲ 7.8%€0.6m▲ 978%€0.1m▼ 80.1%
Equity€0.4m-€0.5m▲ 10.9%€0.5m▲ 10.6%€3.2m▲ 487%€3.2m▲ 0.1%
Total assets€0.6m-€0.5m▼ 4.7%€0.6m▲ 3.8%€3.3m▲ 504%€3.3m▼ 1.5%
Debt€0.1m-€0.04m▼ 63.6%€0.01m▼ 74.6%€0.2m▲ 15×€0.09m▼ 46.1%
Working capital-€0.1m--€0.02m▲ 76.6%€0.05m-€0.1m€0.1m
The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2021 Net result +978% on 2020. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €3.3m
Fixed assets
€3.1m ▼ 6.8%
Current assets
€195,183 ▲ 885%
Equity and liabilities €3.3m
Equity
€3.2m ▲ 0.1%
Provisions
€18,930
Debt
€85,274 ▼ 46.1%
Debt's share of the balance-sheet total falls from 4.7% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155,729▼
2021 · €737,766
Cash flow
€118,834▼
2021 · €572,442
Current ratio
2.61▲
2021 · 0.13
Debt to equity
0.03▲
2021 · 0.00
ROE
3.5%▼
2021 · 17.6%
ROA
3.4%▼
2021 · 16.7%
Interest coverage
over 100
Debt ≤ 1 year
€74,804▼
2021 · €147,729
Debt > 1 year
€10,470=
2021 · €10,470
Income taxes
€19,771▼
2021 · €168,656
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 | - | €27,018 | €24,992 | €12,867 | €7,689 | ▼ 40.2% |
| Other operating charges640/8 | - | - | - | - | €14,311 | - |
| Gross operating margin9900 | €117,313 | €121,455 | €110,336 | €751,737 | €170,040 | ▼ 77.4% |
| Operating profit (loss)9901 | €102,971 | €79,834 | €69,683 | €724,899 | €148,040 | ▼ 79.6% |
| Financial income75/76B | - | - | - | - | €1,875 | - |
| Recurring financial income75 | €3 | €0 | €348 | €3,999 | €1,875 | ▼ 53.1% |
| Financial charges65/66B | - | - | - | - | €69 | - |
| Recurring financial charges65 | €3,810 | €3,322 | €554 | €668 | €69 | ▼ 89.7% |
| Profit (loss) for the period before taxes9903 | €99,163 | €76,512 | €69,476 | €728,230 | €149,846 | ▼ 79.4% |
| Transfer to deferred taxes680 | - | - | - | - | €18,930 | - |
| Income taxes67/77 | €36,499 | €28,367 | €17,570 | €168,656 | €19,771 | ▼ 88.3% |
| Profit (loss) for the period9904 | €62,664 | €48,145 | €51,906 | €559,575 | €111,145 | ▼ 80.1% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €56,789 | - |
| Profit (loss) for the period to be appropriated9905 | €62,664 | €48,145 | €51,906 | €559,575 | €54,356 | ▼ 90.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.6m | €0.5m | €0.6m | €3.3m | €3.3m | ▼ 1.5% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €3.3m | €3.1m | ▼ 6.8% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €3.3m | €3.1m | ▼ 6.8% |
| Land and buildings22 | - | - | - | - | €3.1m | - |
| Financial fixed assets28 | €227 | €227 | €227 | - | - | - |
| Current assets29/58 | €0.01m | €0.01m | €0.06m | €0.02m | €0.2m | ▲ 885% |
| Amounts receivable within one year40/41 | - | - | €0.03m | €0.01m | €0.2m | ▲ 20× |
| Other amounts receivable41 | - | - | - | - | €0.2m | - |
| Cash at bank and in hand54/58 | €0.009m | €0.01m | €0.03m | €0.01m | €236 | ▼ 97.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €0.6m | €3.3m | €3.3m | ▼ 1.5% |
| Equity10/15 | €0.4m | €0.5m | €0.5m | €3.2m | €3.2m | ▲ 0.1% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | - | €0.2m | - |
| Issued capital100 | - | - | - | - | €0.2m | - |
| Revaluation surpluses12 | - | - | - | - | €2.9m | - |
| Reserves13 | €0.2m | €0.3m | €0.3m | €0.02m | €0.08m | ▲ 272% |
| Non-distributable reserves130/1 | - | - | - | - | €0.02m | - |
| Legal reserve130 | - | - | - | - | €0.02m | - |
| Tax-exempt reserves132 | - | - | - | - | €0.06m | - |
| Profit (loss) carried forward14 | - | - | - | €0.003m | €0.002m | ▼ 20.8% |
| Provisions and deferred taxes16 | - | - | - | - | €0.02m | - |
| Deferred taxes168 | - | - | - | - | €0.02m | - |
| Amounts payable17/49 | €0.1m | €0.04m | €0.01m | €0.2m | €0.09m | ▼ 46.1% |
| Amounts payable after more than one year17 | - | - | - | €0.01m | €0.01m | = |
| Other amounts payable178/9 | - | - | - | - | €0.01m | - |
| Amounts payable within one year42/48 | €0.1m | €0.04m | €0.008m | €0.1m | €0.07m | ▼ 49.4% |
| Trade debts44 | €0.006m | €0.009m | €0.001m | €0.002m | €160 | ▼ 93.5% |
| Suppliers440/4 | - | - | - | - | €160 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.07m | - |
| Taxes450/3 | - | - | - | - | €0.07m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.05m | €0.05m | €0.6m | €0.1m | ▼ 80.1% |
| + Depreciation and write-downs630 | - | €0.03m | €0.02m | €0.01m | €0.008m | ▼ 40.2% |
| Operating cash flow (approximation) | €0.06m | €0.08m | €0.08m | €0.6m | €0.1m | ▼ 79.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2.8m | €0.2m | - |
| Change in cash | - | €0.001m | €0.02m | -€0.02m | -€0.01m | ▲ 38.1% |
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 39 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | full format | 08-03-2023 | 2023-00036941 |
| 31-12-2021 | full format | 04-02-2022 | 2022-04900251 |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39100559 |
| 31-12-2019 | abbreviated format | 27-10-2020 | 2020-63800258 |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-54800588 |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-37800133 |
| 31-12-2016 | abbreviated format | 11-08-2017 | 2017-43300068 |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52100224 |
| 31-12-2014 | abbreviated format | 30-08-2015 | 2015-53600402 |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-44700189 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.