INFODEA
InactiveFinancials · financial year 2023, abbreviated format
Turnover
≈ €630,000
Estimated: probably between €380,000 and €1.2m
Total assets
€379,932▼ 67.6%
2022 · €1.2m
Net result
€4.3m▲ 59×
2022 · €73,598
Working capital
€340,551▲ 25.7%
2022 · €270,996
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result has fallen four years in a row; 2023 is 14% below 2022 and is 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€0.09m
2023
Net result€4.3m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.4m
2023
Equity€0.3m
2023
Debt€0.04m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)1.7
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€0.3m-€0.5m▲ 81.6%€0.4m▼ 17.4%€0.1m▼ 77.0%€0.1m▼ 0.4%€0.09m▼ 14.0%
Net result€0.2m-€0.4m▲ 92.3%€0.4m▲ 1.7%€0.08m▼ 78.5%€0.07m▼ 10.4%€4.3m▲ 59×
Equity€2.4m-€1.6m▼ 33.2%€1.0m▼ 38.5%€1.1m▲ 8.4%€1.1m▲ 7.0%€0.3m▼ 69.9%
Total assets€2.5m-€2.3m▼ 4.9%€2.0m▼ 13.0%€1.1m▼ 45.7%€1.2m▲ 6.5%€0.4m▼ 67.6%
Debt€0.07m-€0.7m▲ 893%€1.1m▲ 41.5%€0.04m▼ 95.8%€0.04m▼ 4.6%€0.04m▼ 6.9%
Working capital€1.2m-€0.7m▼ 44.3%€0.1m▼ 84.3%€0.2m▲ 81.4%€0.3m▲ 41.0%€0.3m▲ 25.7%
Staff (FTE)1.9-1.9=1.9=1.7▼ 10.5%1.7=1.7=
Turnover and EBIT margin not published: the abbreviated 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
Equity and liabilities €379,932
Equity
€340,524 ▼ 69.9%
Debt
€39,408 ▼ 6.9%
Debt's share of the balance-sheet total rises from 3.6% to 10.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€86,571▼
2022 · €101,557
Cash flow
€4.3m▲
2022 · €74,451
Current ratio
9.65▲
2022 · 7.40
Debt to equity
0.12▲
2022 · 0.04
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€39,381▼
2022 · €42,314
Income taxes
€24,883▼
2022 · €27,765
Staff costs
€156,060▲
2022 · €136,659
A ratio outside any meaningful range has been withheld (balance sheet total €379,932, equity €340,524).
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 |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.005m | €18 | ▼ 99.7% |
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.1m | €0.2m | ▲ 14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.06m | €0.06m | €0.006m | €0.001m | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €0.005m | €0.003m | €0.002m | ▼ 30.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.002m | - |
| Gross operating margin9900 | €0.5m | €0.7m | €0.7m | €0.2m | €0.2m | €0.2m | ▲ 2.2% |
| Operating profit (loss)9901 | €0.3m | €0.5m | €0.4m | €0.1m | €0.1m | €0.09m | ▼ 14.0% |
| Financial income75/76B | - | - | - | €0.01m | €0.002m | €4.3m | ▲ 2,799× |
| Recurring financial income75 | €0.003m | €0.008m | €0.005m | €0.01m | €0.002m | €0.007m | ▲ 345% |
| Non-recurring financial income76B | - | - | - | - | - | €4.3m | - |
| Financial charges65/66B | - | - | - | €0.001m | €0.001m | €0.001m | ▼ 25.3% |
| Recurring financial charges65 | €0.003m | €0.002m | €0.004m | €0.001m | €0.001m | €0.001m | ▼ 25.3% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.5m | €0.5m | €0.1m | €0.1m | €4.3m | ▲ 43× |
| Income taxes67/77 | €0.1m | €0.2m | €0.1m | €0.03m | €0.03m | €0.02m | ▼ 10.4% |
| Profit (loss) for the period9904 | €0.2m | €0.4m | €0.4m | €0.08m | €0.07m | €4.3m | ▲ 59× |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.4m | €0.4m | €0.08m | €0.07m | €4.3m | ▲ 59× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2.5m | €2.3m | €2.0m | €1.1m | €1.2m | €0.4m | ▼ 67.6% |
| Fixed assets21/28 | €1.2m | €0.9m | €0.9m | €0.9m | €0.9m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.3m | €0.07m | €0.02m | €0.008m | €0.002m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.002m | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | - | €0.005m | - | - | - |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0 | ▼ 100% |
| Current assets29/58 | €1.3m | €1.4m | €1.2m | €0.2m | €0.3m | €0.4m | ▲ 21.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €1.0m | €0.07m | €0.06m | €0.4m | ▲ 483% |
| Trade receivables40 | - | - | - | €0.06m | €0.06m | €0.07m | ▲ 18.0% |
| Other amounts receivable41 | - | - | - | €0.02m | €185 | €0.3m | ▲ 1,596× |
| Current investments50/53 | €0.8m | €1.0m | €0.08m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.05m | €0.1m | €0.1m | €0.01m | ▼ 91.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.002m | €449 | ▼ 77.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2.5m | €2.3m | €2.0m | €1.1m | €1.2m | €0.4m | ▼ 67.6% |
| Equity10/15 | €2.4m | €1.6m | €1.0m | €1.1m | €1.1m | €0.3m | ▼ 69.9% |
| Contributions10/11 | €1.2m | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.1m | €1.0m | - | - | - | - | - |
| Profit (loss) carried forward14 | €0.05m | €0.4m | €1.0m | €1.0m | €1.1m | €0.3m | ▼ 71.1% |
| Amounts payable17/49 | €0.07m | €0.7m | €1.1m | €0.04m | €0.04m | €0.04m | ▼ 6.9% |
| Amounts payable after more than one year17 | €0.02m | €0.01m | €0.003m | - | - | - | - |
| Amounts payable within one year42/48 | €0.06m | €0.7m | €1.0m | €0.04m | €0.04m | €0.04m | ▼ 6.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.003m | - | - | - |
| Trade debts44 | €0.01m | €0.005m | €0.008m | €0.01m | €0.005m | €0.001m | ▼ 87.1% |
| Suppliers440/4 | - | - | - | €0.01m | €0.005m | €0.001m | ▼ 87.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.04m | €0.04m | ▲ 5.0% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | ▼ 7.7% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | ▲ 21.4% |
| Other amounts payable47/48 | - | - | - | €0.002m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €25 | €26 | ▲ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.4m | €0.4m | €0.08m | €0.07m | €4.3m | ▲ 59× |
| + Depreciation and write-downs630 | €0.07m | €0.06m | €0.06m | €0.006m | €0.001m | €0 | ▼ 100% |
| Operating cash flow (approximation) | €0.3m | €0.4m | €0.4m | €0.09m | €0.07m | €4.3m | ▲ 58× |
| Investment in fixed assets (approximation) | - | €0.2m | -€0.007m | €0.001m | €0.005m | €0.9m | ▲ 167× |
| Change in cash | - | €0.2m | -€0.2m | €0.1m | -€0.02m | -€0.1m | ▼ 362% |
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 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00162503 |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00132937 |
| 31-12-2021 | abbreviated format | 19-07-2022 | 2022-20198237 |
| 31-12-2020 | abbreviated format | 07-06-2021 | 2021-19300320 |
| 31-12-2019 | abbreviated format | 18-08-2020 | 2020-42500215 |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56600409 |
| 31-12-2017 | abbreviated format | 26-09-2018 | 2018-65200422 |
| 31-12-2016 | abbreviated format | 27-09-2017 | 2017-63500386 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55600446 |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-57400253 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.