INERMIS
InactiveFinancials · financial year 2023, micro format
Turnover
≈ €280,000
Estimated: probably between €190,000 and €430,000
Total assets
€3.6m▼ 4.8%
2022 · €3.8m
Net result
€68,643▼ 97.4%
2022 · €2.6m
Working capital
€3.4m▲ 1.9%
2022 · €3.4m
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result recovers in 2023; 2023 is 2% above 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2023
Net result€0.07m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.6m
2023
Equity€3.4m
2023
Debt€0.2m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3.4m
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
Line20192020202120222023
Operating result-€0.03m-€0.07m€0.1m▲ 48.4%€0.1m▼ 2.3%€0.1m▲ 1.6%
Net result€0.09m-€0.06m▼ 37.5%€0.5m▲ 744%€2.6m▲ 442%€0.07m▼ 97.4%
Equity€0.3m-€0.4m▲ 19.1%€0.8m▲ 135%€3.4m▲ 300%€3.4m▲ 2.0%
Total assets€1.5m-€1.5m▼ 0.8%€1.4m▼ 4.6%€3.8m▲ 171%€3.6m▼ 4.8%
Debt€1.2m-€1.1m▼ 5.9%€0.5m▼ 50.6%€0.4m▼ 23.8%€0.2m▼ 61.1%
Working capital-€0.9m--€0.9m▲ 5.9%-€0.02m▲ 97.6%€3.4m€3.4m▲ 1.9%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.6m
Fixed assets
€59,060 ▼ 3.5%
Current assets
€3.6m ▼ 4.8%
Equity and liabilities €3.6m
Equity
€3.4m ▲ 2.0%
Provisions
€24,044 =
Debt
€159,331 ▼ 61.1%
Debt's share of the balance-sheet total falls from 10.8% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110,410▲
2022 · €106,469
Cash flow
€80,062▼
2022 · €2.6m
Current ratio
25.41▲
2022 · 9.78
Debt to equity
0.05▼
2022 · 0.12
ROE
2.0%▼
2022 · 77.7%
ROA
1.9%▼
2022 · 68.9%
Interest coverage
21.43▼
2022 · 28.01
Debt ≤ 1 year
€140,022▼
2022 · €382,099
Debt > 1 year
€18,658▼
2022 · €26,545
Income taxes
€41,048▼
2022 · €287,516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.04m | €0.007m | €0.009m | €0.01m | ▲ 25.9% |
| Other operating charges640/8 | - | - | €0.007m | €0.002m | €0.001m | ▼ 36.8% |
| Gross operating margin9900 | €0.03m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 3.1% |
| Operating profit (loss)9901 | -€0.03m | €0.07m | €0.1m | €0.1m | €0.1m | ▲ 1.6% |
| Financial income75/76B | - | - | €0.5m | €2.8m | €0.02m | ▼ 99.4% |
| Recurring financial income75 | €0.2m | €4 | €0.5m | €2.8m | €0.02m | ▼ 99.4% |
| Non-recurring financial income76B | - | - | - | €2.8m | €0.02m | ▼ 99.4% |
| Financial charges65/66B | - | - | €0.06m | €0.004m | €0.006m | ▲ 24.7% |
| Recurring financial charges65 | €0.02m | €0.004m | €0.003m | €0.004m | €0.005m | ▲ 35.5% |
| Non-recurring financial charges66B | - | - | €0.06m | €0.001m | €398 | ▼ 38.9% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.06m | €0.5m | €2.9m | €0.1m | ▼ 96.2% |
| Income taxes67/77 | €0.01m | €0.006m | €0.03m | €0.3m | €0.04m | ▼ 85.7% |
| Profit (loss) for the period9904 | €0.09m | €0.06m | €0.5m | €2.6m | €0.07m | ▼ 97.4% |
| Profit (loss) for the period to be appropriated9905 | €0.09m | €0.05m | €0.5m | €2.6m | €0.07m | ▼ 97.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.5m | €1.4m | €3.8m | €3.6m | ▼ 4.8% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.0m | €0.06m | €0.06m | ▼ 3.5% |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.02m | €0.06m | €0.06m | ▼ 3.5% |
| Land and buildings22 | - | - | - | - | €0.002m | - |
| Plant, machinery and equipment23 | - | - | €0.005m | €0.006m | €0.008m | ▲ 34.4% |
| Furniture and vehicles24 | - | - | €0.01m | €0.06m | €0.05m | ▼ 11.9% |
| Financial fixed assets28 | €0.9m | €1.0m | €0.9m | - | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.4m | €3.7m | €3.6m | ▼ 4.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.5m | - |
| Other amounts receivable291 | - | - | - | - | €0.5m | - |
| Amounts receivable within one year40/41 | €0.04m | €0.08m | €0.09m | €3.3m | €3.0m | ▼ 10.4% |
| Trade receivables40 | - | - | €0.06m | €0.05m | €0.008m | ▼ 82.7% |
| Other amounts receivable41 | - | - | €0.03m | €3.3m | €3.0m | ▼ 9.4% |
| Current investments50/53 | €0.003m | €0.003m | €0.003m | €0.003m | - | - |
| Cash at bank and in hand54/58 | €0.09m | €0.06m | €0.3m | €0.4m | €0.1m | ▼ 74.0% |
| Deferred charges and accrued income490/1 | - | - | €0.02m | €0.02m | €0.003m | ▼ 84.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.4m | €3.8m | €3.6m | ▼ 4.8% |
| Equity10/15 | €0.3m | €0.4m | €0.8m | €3.4m | €3.4m | ▲ 2.0% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.3m | €0.8m | €3.3m | €3.4m | ▲ 2.1% |
| Non-distributable reserves130/1 | - | - | €0.008m | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | €0.008m | €0.008m | €0.008m | = |
| Tax-exempt reserves132 | - | - | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | €0.8m | €3.3m | €3.4m | ▲ 2.1% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Provisions for liabilities and charges160/5 | - | - | €0.02m | €0.02m | €0.02m | = |
| Pensions and similar obligations160 | - | - | €0.02m | €0.02m | €0.02m | = |
| Amounts payable17/49 | €1.2m | €1.1m | €0.5m | €0.4m | €0.2m | ▼ 61.1% |
| Amounts payable after more than one year17 | €0.002m | €0.07m | €0.08m | €0.03m | €0.02m | ▼ 29.7% |
| Financial debts170/4 | - | - | €0.08m | €0.03m | €0.02m | ▼ 29.7% |
| Amounts payable within one year42/48 | €1.1m | €1.0m | €0.5m | €0.4m | €0.1m | ▼ 63.4% |
| Current portion of amounts payable after more than one year42 | - | - | €0.001m | €0.008m | €0.008m | ▲ 4.0% |
| Financial debts43 | - | - | €0.1m | €0.1m | €0.1m | ▼ 14.3% |
| Credit institutions430/8 | - | - | €0.1m | €0.1m | €0.1m | ▼ 14.3% |
| Trade debts44 | - | €460 | - | - | €0.001m | - |
| Suppliers440/4 | - | - | - | - | €0.001m | - |
| Taxes, remuneration and social security45 | - | - | €309 | €0.3m | €0.04m | ▼ 86.3% |
| Taxes450/3 | - | - | €309 | €0.3m | €0.04m | ▼ 86.3% |
| Other amounts payable47/48 | - | - | €0.3m | €0.003m | - | - |
| Accrued charges and deferred income492/3 | - | - | €292 | €0.001m | €0.001m | ▼ 42.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.09m | €0.06m | €0.5m | €2.6m | €0.07m | ▼ 97.4% |
| + Depreciation and write-downs630 | €0.06m | €0.04m | €0.007m | €0.009m | €0.01m | ▲ 25.9% |
| Operating cash flow (approximation) | €0.2m | €0.1m | €0.5m | €2.6m | €0.08m | ▼ 96.9% |
| Investment in fixed assets (approximation) | - | -€0.03m | €0.3m | €0.9m | -€0.009m | - |
| Change in cash | - | -€0.03m | €0.3m | €0.04m | -€0.3m | - |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2023 | micro format | 21-01-2024 | 2024-00004552 |
| 30-09-2022 | micro format | 17-05-2023 | 2023-00093095 |
| 30-09-2021 | micro format | 30-05-2022 | 2022-20043682 |
| 30-09-2020 | micro format | 29-05-2021 | 2021-16800518 |
| 30-09-2019 | micro format | 28-05-2020 | 2020-13800530 |
| 30-09-2018 | micro format | 28-05-2019 | 2019-14800486 |
| 30-09-2017 | abbreviated format | 28-05-2018 | 2018-14300170 |
| 30-09-2016 | abbreviated format | 24-05-2017 | 2017-13200598 |
| 30-09-2015 | abbreviated format | 10-05-2016 | 2016-12200006 |
| 30-09-2014 | abbreviated format | 22-04-2015 | 2015-10500551 |
Subsidies and aid
Flemish government
2024 · 1 entry · €206 awarded · €206 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.