INFINITY
InactiveFinancials · financial year 2021, micro format
Equity
€925,951▼ 0.4%
2020 · €929,608
Total assets
€961,289▼ 2.4%
2020 · €985,207
Net result
-€3,656
2020 · €85,178
Working capital
€620,951▼ 0.6%
2020 · €624,608
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result turns negative in 2021: a loss of €3,560 after €117,843 in 2020, 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-€3,560
2021
Net result-€3,656
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€961,289
2021
Equity€925,951
2021
Debt€35,338
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€620,951
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€217,384-€277,007▲ 27.4%€117,843▼ 57.5%-€3,560
Net result€156,185-€213,584▲ 36.8%€85,178▼ 60.1%-€3,656
Equity€672,058-€844,430▲ 25.6%€929,608▲ 10.1%€925,951▼ 0.4%
Total assets€792,532-€932,320▲ 17.6%€985,207▲ 5.7%€961,289▼ 2.4%
Debt€120,474-€87,891▼ 27.0%€55,599▼ 36.7%€35,338▼ 36.4%
Working capital€304,845-€484,306▲ 58.9%€624,608▲ 29.0%€620,951▼ 0.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €961,289
Fixed assets
€305,000 =
Current assets
€656,289 ▼ 3.5%
Equity and liabilities €961,289
Equity
€925,951 ▼ 0.4%
Debt
€35,338 ▼ 36.4%
Debt's share of the balance-sheet total falls from 5.6% to 3.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
18.57▲
2020 · 12.23
Debt to equity
0.04
ROE
-0.4%▼
2020 · 9.2%
ROA
-0.4%▼
2020 · 8.6%
Debt ≤ 1 year
€35,338▼
2020 · €55,599
Income taxes
€0▼
2020 · €32,073
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 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,277 | €17,296 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €902 | - |
| Gross operating margin9900 | €234,737 | €296,279 | €119,280 | -€2,658 | - |
| Operating profit (loss)9901 | €217,384 | €277,007 | €117,843 | -€3,560 | - |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €1 | €0 | €23 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €96 | - |
| Recurring financial charges65 | €1,266 | €858 | €615 | €96 | ▼ 84.4% |
| Profit (loss) for the period before taxes9903 | €216,119 | €276,150 | €117,251 | -€3,656 | - |
| Income taxes67/77 | €59,934 | €62,566 | €32,073 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €156,185 | €213,584 | €85,178 | -€3,656 | - |
| Profit (loss) for the period to be appropriated9905 | €156,185 | €213,584 | €85,178 | -€3,656 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €792,532 | €932,320 | €985,207 | €961,289 | ▼ 2.4% |
| Formation expenses20 | €0 | - | - | - | - |
| Fixed assets21/28 | €374,480 | €360,123 | €305,000 | €305,000 | = |
| Intangible fixed assets21 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €69,480 | €55,123 | €0 | - | - |
| Financial fixed assets28 | €305,000 | €305,000 | €305,000 | €305,000 | = |
| Current assets29/58 | €418,051 | €572,197 | €680,207 | €656,289 | ▼ 3.5% |
| Stocks and contracts in progress3 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €234,289 | €86,917 | €632,443 | €637,480 | ▲ 0.8% |
| Trade receivables40 | - | - | - | €13,348 | - |
| Other amounts receivable41 | - | - | - | €624,132 | - |
| Current investments50/53 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €180,700 | €481,553 | €47,764 | €18,809 | ▼ 60.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €792,532 | €932,320 | €985,207 | €961,289 | ▼ 2.4% |
| Equity10/15 | €672,058 | €844,430 | €929,608 | €925,951 | ▼ 0.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €653,458 | €825,830 | €911,008 | €907,351 | ▼ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €905,491 | - |
| Profit (loss) carried forward14 | €0 | - | - | - | - |
| Amounts payable17/49 | €120,474 | €87,891 | €55,599 | €35,338 | ▼ 36.4% |
| Amounts payable after more than one year17 | €7,267 | €0 | - | - | - |
| Amounts payable within one year42/48 | €113,206 | €87,891 | €55,599 | €35,338 | ▼ 36.4% |
| Financial debts43 | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | - |
| Trade debts44 | - | €908 | €0 | €1,760 | - |
| Suppliers440/4 | - | - | - | €1,760 | - |
| Taxes, remuneration and social security45 | - | - | - | €33,411 | - |
| Taxes450/3 | - | - | - | €33,411 | - |
| Other amounts payable47/48 | - | - | - | €167 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €156,185 | €213,584 | €85,178 | -€3,656 | - |
| + Depreciation and write-downs630 | €16,277 | €17,296 | €0 | - | - |
| Operating cash flow (approximation) | €172,462 | €230,879 | €85,178 | -€3,656 | - |
| Investment in fixed assets (approximation) | - | -€2,939 | €55,123 | €0 | ▼ 100% |
| Change in cash | - | €300,853 | -€433,790 | -€28,955 | ▲ 93.3% |
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 (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 24-06-2022 | 2022-20128709 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55600174 |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34400094 |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40400334 |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36800476 |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-36500325 |
| 31-12-2015 | abbreviated format | 01-07-2016 | 2016-25900221 |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-23600282 |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-29900043 |
| 31-12-2012 | abbreviated format | 10-07-2013 | 2013-29000549 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.