INDUTUBE
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
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 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-07-2024, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d early
2022
17 d late
2021
32 d early
2020
8 d early
2020
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 17 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)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?Constantia HoldCo · 14 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
€3.2m
EBIT margin
39.6%
Net result
€1.8m▲ 48.0%
2022 · €1.2m
Working capital
€8.4m▲ 27.0%
2022 · €6.6m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202020202120222023
Turnover€3.2m
Operating result€1.1m▲ 27.8%€508,534-€1.3m▲ 151%€1.5m▲ 18.4%€2.2m▲ 43.5%
Net result€692,194▲ 48.6%€259,592-€1.0m▲ 300%€1.2m▲ 16.0%€1.8m▲ 48.0%
EBIT margin39.6%
Equity€4.1m▲ 20.3%€4.4m-€5.4m▲ 23.8%€6.6m▲ 22.3%€8.4m▲ 27.0%
Total assets€4.5m▲ 15.0%€4.7m-€5.7m▲ 22.7%€7.3m▲ 27.1%€9.3m▲ 27.4%
Debt€348,047▼ 24.1%€316,392-€344,100▲ 8.8%€699,489▲ 103%€922,314▲ 31.9%
Working capital€4.1m▲ 20.8%€4.3m-€5.4m▲ 24.1%€6.6m▲ 22.4%€8.4m▲ 27.0%
Why a figure moved sharply
- 2021 Net result +300% on 2020. The previous fiscal year ran 6 months, this one 12.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €9.3m
Equity
€8.4m ▲ 27.0%
Debt
€922,314 ▲ 31.9%
Debt's share of the balance-sheet total rises from 9.6% to 9.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
10.14▼
2022 · 10.45
Quick ratio
9.96▲
2022 · 9.41
Debt to equity
0.11▲
2022 · 0.11
ROE
21.2%▲
2022 · 18.2%
ROA
19.1%▲
2022 · 16.5%
Debt ≤ 1 year
€918,087▲
2022 · €699,335
Income taxes
€639,581▲
2022 · €416,319
Staff costs
€55,456
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €3.2m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €2.0m | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €55,456 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,310 | €5,137 | €10,500 | €5,451 | - | - |
| Other operating charges640/8 | - | - | - | €1,443 | €486 | ▼ 66.3% |
| Gross operating margin9900 | €1.1m | €514,323 | €1.3m | €1.5m | €2.2m | ▲ 46.5% |
| Operating profit (loss)9901 | €1.1m | €508,534 | €1.3m | €1.5m | €2.2m | ▲ 43.5% |
| Financial income75/76B | - | - | €120,122 | €112,296 | €255,687 | ▲ 128% |
| Recurring financial income75 | €19,105 | €9,968 | €120,122 | €112,296 | €255,687 | ▲ 128% |
| Financial charges65/66B | - | - | €5,004 | €2,642 | €1,903 | ▼ 28.0% |
| Recurring financial charges65 | €137,899 | €1,622 | €5,004 | €2,642 | €1,903 | ▼ 28.0% |
| Profit (loss) for the period before taxes9903 | €978,970 | €516,880 | €1.4m | €1.6m | €2.4m | ▲ 49.4% |
| Income taxes67/77 | €286,777 | €257,287 | €353,595 | €416,319 | €639,581 | ▲ 53.6% |
| Profit (loss) for the period9904 | €692,194 | €259,592 | €1.0m | €1.2m | €1.8m | ▲ 48.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €100,750 | €178,000 | ▲ 76.7% |
| Profit (loss) for the period to be appropriated9905 | €692,194 | €724,592 | €1.0m | €1.3m | €2.0m | ▲ 50.2% |
| Line | 2020 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €4.7m | €5.7m | €7.3m | €9.3m | ▲ 27.4% |
| Fixed assets21/28 | €20,555 | €16,051 | €5,550 | - | - | - |
| Tangible fixed assets22/27 | €20,456 | €15,951 | €5,451 | - | - | - |
| Furniture and vehicles24 | - | - | €5,451 | - | - | - |
| Financial fixed assets28 | €99 | €99 | €99 | - | - | - |
| Current assets29/58 | €4.4m | €4.7m | €5.7m | €7.3m | €9.3m | ▲ 27.4% |
| Amounts receivable after more than one year29 | - | - | - | €2.0m | - | - |
| Other amounts receivable291 | - | - | - | €2.0m | - | - |
| Stocks and contracts in progress3 | €57,890 | €72,986 | €304,980 | €722,175 | €161,088 | ▼ 77.7% |
| Stocks30/36 | - | - | €304,980 | €722,175 | €161,088 | ▼ 77.7% |
| Amounts receivable within one year40/41 | €534,086 | €3.8m | €5.4m | €4.5m | €9.1m | ▲ 102% |
| Trade receivables40 | - | - | €818,564 | €474,414 | €528,624 | ▲ 11.4% |
| Other amounts receivable41 | - | - | €4.6m | €4.0m | €8.6m | ▲ 113% |
| Cash at bank and in hand54/58 | €3.8m | €746,277 | €24,388 | €70,008 | €8,696 | ▼ 87.6% |
| Deferred charges and accrued income490/1 | - | - | €9,083 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €4.7m | €5.7m | €7.3m | €9.3m | ▲ 27.4% |
| Equity10/15 | €4.1m | €4.4m | €5.4m | €6.6m | €8.4m | ▲ 27.0% |
| Contributions10/11 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Capital10 | - | - | €74,368 | €74,368 | €74,368 | = |
| Issued capital100 | - | - | €74,368 | €74,368 | €74,368 | = |
| Reserves13 | €3.3m | €2.9m | €2.9m | €2.9m | €8.3m | ▲ 189% |
| Non-distributable reserves130/1 | - | - | €7,437 | €7,437 | €7,437 | = |
| Legal reserve130 | - | - | €7,437 | €7,437 | €7,437 | = |
| Tax-exempt reserves132 | - | - | €278,750 | €178,000 | - | - |
| Distributable reserves133 | - | - | €2.6m | €2.7m | €8.3m | ▲ 209% |
| Profit (loss) carried forward14 | €692,439 | €1.4m | €2.5m | €3.7m | - | - |
| Amounts payable17/49 | €348,047 | €316,392 | €344,100 | €699,489 | €922,314 | ▲ 31.9% |
| Amounts payable within one year42/48 | €348,047 | €316,392 | €344,100 | €699,335 | €918,087 | ▲ 31.3% |
| Trade debts44 | €17,759 | €2,866 | €123,555 | €347,354 | €246,998 | ▼ 28.9% |
| Suppliers440/4 | - | - | €123,555 | €347,354 | €246,998 | ▼ 28.9% |
| Taxes, remuneration and social security45 | - | - | €220,546 | €351,981 | €671,089 | ▲ 90.7% |
| Taxes450/3 | - | - | €220,546 | €351,981 | €671,089 | ▲ 90.7% |
| Accrued charges and deferred income492/3 | - | - | - | €154 | €4,228 | ▲ 2,649% |
| Line | 2020 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €692,194 | €259,592 | €1.0m | €1.2m | €1.8m | ▲ 48.0% |
| + Depreciation and write-downs630 | €10,310 | €5,137 | €10,500 | €5,451 | - | - |
| Operating cash flow (approximation) | €702,504 | €264,729 | €1.0m | €1.2m | €1.8m | ▲ 47.3% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - |
| Change in cash | - | - | -€721,889 | €45,620 | -€61,312 | ▼ 234% |
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
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €1.8m ▲48%
Operating result €2.2m, net result €1.8m, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €5mEq €5.4m ▲23.8%
4 profitable years in a row build equity to €5.4m.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €259,592 ▼62.5%
Net result drops to €259,592, the lowest in the series.
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
14-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Part of the group
Constantia HoldCo
14 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: Constantia HoldCo. The sources do not say who stands above it.
Owners 1
- EVODISparentSourceaccounts EVODIS 2023100%
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.
Recognitions · licences · registrations
Legal Entity Identifier
549300X617F55KDEY574