IN2CLOUD
InactiveFinancials · financial year 2022, abbreviated format
Equity
€202,364▲ 185%
2021 · €71,107
Total assets
€220,405▲ 173%
2021 · €80,820
Net result
€131,257▲ 14.8%
2021 · €114,294
Working capital
€207,494▲ 194%
2021 · €70,657
Trend over the years
2018 to 2022, 5 financial years
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 46% above 2021 and is the highest 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€167,527
2022
Net result€131,257
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€220,405
2022
Equity€202,364
2022
Debt€12,811
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€207,494
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2020
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-€35,850--€113,793▼ 217%-€11,823▲ 89.6%€114,398€167,527▲ 46.4%
Net result-€35,778--€114,031▼ 219%-€11,977▲ 89.5%€114,294€131,257▲ 14.8%
Equity-€29,578--€143,610▼ 386%-€143,187▲ 0.3%€71,107€202,364▲ 185%
Total assets€46,779-€26,375▼ 43.6%€69,560▲ 164%€80,820▲ 16.2%€220,405▲ 173%
Debt€76,357-€169,985▲ 123%€212,747▲ 25.2%€9,713▼ 95.4%€12,811▲ 31.9%
Working capital-€32,028--€32,901▼ 2.7%€48,235€70,657▲ 46.5%€207,494▲ 194%
Staff (FTE)0.81▲ 25.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €220,405
Fixed assets
€100 ▼ 77.8%
Current assets
€220,305 ▲ 174%
Equity and liabilities €220,405
Equity
€202,364 ▲ 185%
Provisions
€5,230
Debt
€12,811 ▲ 31.9%
Debt's share of the balance-sheet total falls from 12.0% to 5.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167,877▲
2021 · €115,098
Cash flow
€131,607▲
2021 · €114,994
Current ratio
17.20▲
2021 · 8.27
Quick ratio
16.92▲
2021 · 7.81
Debt to equity
0.06▼
2021 · 0.14
ROE
64.9%▼
2021 · 160.7%
ROA
59.6%▼
2021 · 141.4%
Interest coverage
over 100
2021 · over 100
Debt ≤ 1 year
€12,811▲
2021 · €9,713
Income taxes
€31,137
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €7,090 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,912 | €1,005 | €1,005 | €700 | €350 | ▼ 50.0% |
| Other operating charges640/8 | - | - | - | €65 | €55 | ▼ 15.4% |
| Gross operating margin9900 | -€33,938 | -€48,749 | €54,519 | €122,253 | €167,932 | ▲ 37.4% |
| Operating profit (loss)9901 | -€35,850 | -€113,793 | -€11,823 | €114,398 | €167,527 | ▲ 46.4% |
| Financial income75/76B | - | - | - | €1 | €157 | ▲ 11,465% |
| Recurring financial income75 | €71 | - | - | €1 | €157 | ▲ 11,465% |
| Non-recurring financial income76B | - | - | - | - | €157 | - |
| Financial charges65/66B | - | - | - | €105 | €5,290 | ▲ 4,953% |
| Recurring financial charges65 | - | €40 | €12 | €105 | €60 | ▼ 42.6% |
| Non-recurring financial charges66B | - | - | - | - | €5,230 | - |
| Profit (loss) for the period before taxes9903 | -€35,778 | -€113,833 | -€11,835 | €114,294 | €162,394 | ▲ 42.1% |
| Income taxes67/77 | - | €198 | €142 | - | €31,137 | - |
| Profit (loss) for the period9904 | -€35,778 | -€114,031 | -€11,977 | €114,294 | €131,257 | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | -€35,778 | -€114,031 | -€11,977 | €114,294 | €131,257 | ▲ 14.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,779 | €26,375 | €69,560 | €80,820 | €220,405 | ▲ 173% |
| Fixed assets21/28 | €2,450 | €2,155 | €1,150 | €450 | €100 | ▼ 77.8% |
| Tangible fixed assets22/27 | €2,450 | €2,055 | €1,050 | €350 | - | - |
| Furniture and vehicles24 | - | - | - | €350 | - | - |
| Financial fixed assets28 | - | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €44,329 | €24,220 | €68,410 | €80,370 | €220,305 | ▲ 174% |
| Stocks and contracts in progress3 | - | €1,678 | €273 | €4,518 | €3,580 | ▼ 20.8% |
| Stocks30/36 | - | - | - | €4,518 | €3,580 | ▼ 20.8% |
| Amounts receivable within one year40/41 | €3,062 | €13,205 | €48,613 | €34,505 | €62,999 | ▲ 82.6% |
| Trade receivables40 | - | - | - | €34,505 | €12,999 | ▼ 62.3% |
| Other amounts receivable41 | - | - | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | €41,141 | €8,401 | €18,853 | €39,263 | €153,726 | ▲ 292% |
| Deferred charges and accrued income490/1 | - | - | - | €2,085 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,779 | €26,375 | €69,560 | €80,820 | €220,405 | ▲ 173% |
| Equity10/15 | -€29,578 | -€143,610 | -€143,187 | €71,107 | €202,364 | ▲ 185% |
| Contributions10/11 | €6,200 | €6,200 | - | €118,600 | €118,600 | = |
| Profit (loss) carried forward14 | -€35,778 | -€149,810 | -€161,787 | -€47,493 | €83,764 | - |
| Provisions and deferred taxes16 | - | - | - | - | €5,230 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €5,230 | - |
| Other liabilities and charges164/5 | - | - | - | - | €5,230 | - |
| Amounts payable17/49 | €76,357 | €169,985 | €212,747 | €9,713 | €12,811 | ▲ 31.9% |
| Amounts payable after more than one year17 | - | €112,863 | €192,572 | - | - | - |
| Amounts payable within one year42/48 | €76,357 | €57,121 | €20,175 | €9,713 | €12,811 | ▲ 31.9% |
| Trade debts44 | €74,221 | €32,361 | €2,188 | €585 | €2,635 | ▲ 351% |
| Suppliers440/4 | - | - | - | €585 | €2,635 | ▲ 351% |
| Taxes, remuneration and social security45 | - | - | - | €9,068 | €9,256 | ▲ 2.1% |
| Taxes450/3 | - | - | - | €9,068 | €9,256 | ▲ 2.1% |
| Other amounts payable47/48 | - | - | - | €60 | €920 | ▲ 1,421% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,778 | -€114,031 | -€11,977 | €114,294 | €131,257 | ▲ 14.8% |
| + Depreciation and write-downs630 | €1,912 | €1,005 | €1,005 | €700 | €350 | ▼ 50.0% |
| Operating cash flow (approximation) | -€33,866 | -€113,026 | -€10,972 | €114,994 | €131,607 | ▲ 14.4% |
| Investment in fixed assets (approximation) | - | -€710 | €0 | €0 | €0 | - |
| Change in cash | - | -€32,740 | €10,452 | €20,410 | €114,463 | ▲ 461% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | abbreviated format | 10-05-2023 | 2023-00084244 |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20216466 |
| 31-12-2020 | micro format | 26-05-2021 | 2021-15100284 |
| 31-12-2019 | micro format | 30-07-2020 | 2020-35900487 |
| 31-12-2018 | micro format | 11-06-2019 | 2019-16900598 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.