IMMODEG
InactiveFinancials · financial year 2023, micro format
2023 annual accounts filed late (68 days) Filed on 7 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00495722.
Equity
-€95,335▼ 69.0%
2022 · -€56,408
Total assets
€2.2m▼ 1.7%
2022 · €2.2m
Net result
-€38,926
2022 · €17,918
Working capital
-€95,335▼ 69.0%
2022 · -€56,408
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €63,279 in 2023 against €8,487 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.06m
2023
Net result-€0.04m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.2m
2023
Equity-€0.1m
2023
Debt€2.3m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.1m
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€0.02m--€0.003m▲ 87.0%-€0.005m▼ 51.4%-€0.004m▲ 7.3%-€0.008m▼ 92.3%-€0.06m▼ 646%
Net result€90-€0.02m▲ 243×€0.02m▼ 7.2%€0.02m▲ 4.8%€0.02m▼ 15.4%-€0.04m
Equity-€0.1m--€0.1m▲ 15.8%-€0.1m▲ 17.5%-€0.07m▲ 22.2%-€0.06m▲ 24.1%-€0.1m▼ 69.0%
Total assets€2.1m-€2.2m▲ 1.3%€2.2m▲ 1.1%€2.2m▲ 1.3%€2.2m▲ 1.0%€2.2m▼ 1.7%
Debt€2.3m-€2.3m▲ 0.3%€2.3m▲ 0.1%€2.3m▲ 0.3%€2.3m▲ 0.2%€2.3m▲ 0.1%
Working capital€2.1m-€2.1m▲ 1.1%€2.1m▲ 1.0%€2.1m▲ 1.0%-€0.06m-€0.1m▼ 69.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Solvency
-4.4%▼
2022 · -2.5%
Current ratio
0.96▼
2022 · 0.98
Quick ratio
0.31▼
2022 · 0.33
ROA
-1.8%▼
2022 · 0.8%
Debt ≤ 1 year
€2.3m▲
2022 · €2.3m
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,417 | €1,166 | €2,915 | ▲ 150% |
| Gross operating margin9900 | -€23,126 | -€1,556 | -€3,645 | -€2,995 | -€7,321 | -€60,364 | ▼ 725% |
| Operating profit (loss)9901 | -€24,235 | -€3,144 | -€4,758 | -€4,413 | -€8,487 | -€63,279 | ▼ 646% |
| Financial income75/76B | - | - | - | €27,722 | €28,660 | €28,896 | ▲ 0.8% |
| Recurring financial income75 | €24,809 | €25,688 | €26,772 | €27,722 | €28,660 | €28,896 | ▲ 0.8% |
| Financial charges65/66B | - | - | - | €2,129 | €2,255 | €4,543 | ▲ 101% |
| Recurring financial charges65 | €484 | €757 | €1,798 | €2,129 | €2,255 | €4,543 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €90 | €21,787 | €20,216 | €21,180 | €17,918 | -€38,926 | - |
| Profit (loss) for the period9904 | €90 | €21,787 | €20,216 | €21,180 | €17,918 | -€38,926 | - |
| Profit (loss) for the period to be appropriated9905 | €90 | €21,787 | €20,216 | €21,180 | €17,918 | -€38,926 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | ▼ 1.7% |
| Current assets29/58 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | ▼ 1.7% |
| Stocks and contracts in progress3 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Stocks30/36 | - | - | - | €1.5m | €1.5m | €1.5m | = |
| Amounts receivable within one year40/41 | €0.6m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 4.8% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.7m | €0.7m | ▼ 4.8% |
| Cash at bank and in hand54/58 | €438 | €0.003m | €0.001m | €49 | €0.003m | €0.001m | ▼ 53.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | ▼ 1.7% |
| Equity10/15 | -€0.1m | -€0.1m | -€0.1m | -€0.07m | -€0.06m | -€0.1m | ▼ 69.0% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | ▼ 23.5% |
| Amounts payable17/49 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | ▲ 0.1% |
| Amounts payable after more than one year17 | €2.2m | €2.2m | €2.2m | €2.2m | - | - | - |
| Financial debts170/4 | - | - | - | €2.2m | - | - | - |
| Amounts payable within one year42/48 | €0.06m | €0.07m | €0.07m | €0.08m | €2.3m | €2.3m | ▲ 0.1% |
| Financial debts43 | - | - | - | - | €2.2m | €2.2m | = |
| Credit institutions430/8 | - | - | - | - | €2.2m | €2.2m | = |
| Trade debts44 | €0.03m | €0.001m | €0.002m | €0.001m | €0.002m | €0.001m | ▼ 17.2% |
| Suppliers440/4 | - | - | - | €0.001m | €0.002m | €0.001m | ▼ 17.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.05m | €0.05m | ▲ 4.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90 | €21,787 | €20,216 | €21,180 | €17,918 | -€38,926 | - |
| Operating cash flow (approximation) | €90 | €21,787 | €20,216 | €21,180 | €17,918 | -€38,926 | - |
| Change in cash | - | €2,595 | -€2,299 | -€684 | €2,993 | -€1,626 | - |
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 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 07-10-2024 | 2024-00495722 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00375042 |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20280422 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58600543 |
| 31-12-2019 | micro format | 29-09-2020 | 2020-56200461 |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-53400299 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-55300483 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52700349 |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-34300409 |
| 31-12-2014 | abbreviated format | 28-07-2015 | 2015-36000587 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.