ISOCAB
InactiveFinancials · financial year 2022, abbreviated format
Annual accounts 2022 filed on 30-06-2023 PDF all 46 filings
Turnover
≈ €2.5m
Estimated: probably between €1.7m and €4.1m
Total assets
€11.0m▲ 0.9%
2021 · €10.9m
Net result
€318,079▲ 267%
2021 · €86,702
Working capital
€6.3m▼ 37.3%
2021 · €10.0m
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result for 2022 is nearly 3.6 times that of 2021. It is a recovery after the fall in 2021.
Operating result€0.4m
2022
Net result€0.3m
2022
Total assets€11.0m
2022
Equity€5.9m
2022
Debt€4.7m
2022
Working capital€6.3m
2022
Staff (FTE)9.2
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
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€3.3m-€1.2m▼ 62.4%€0.5m▼ 60.8%€0.1m▼ 75.4%€0.4m▲ 257%
Net result€3.1m-€1.2m▼ 61.3%€0.4m▼ 70.5%€0.09m▼ 75.8%€0.3m▲ 267%
Equity€8.0m-€9.2m▲ 15.3%€9.5m▲ 3.9%€9.6m▲ 0.9%€5.9m▼ 38.4%
Total assets€9.9m-€10.1m▲ 2.0%€10.5m▲ 3.7%€10.9m▲ 4.0%€11.0m▲ 0.9%
Debt€0.4m-€0.4m▲ 0.6%€0.6m▲ 29.3%€0.9m▲ 65.8%€4.7m▲ 417%
Working capital€9.5m-€9.7m▲ 2.2%€9.9m▲ 2.5%€10.0m▲ 0.5%€6.3m▼ 37.3%
Staff (FTE)13.9-12.4▼ 10.8%10.6▼ 14.5%9.9▼ 6.6%9.2▼ 7.1%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €11.0m
Fixed assets
€500 =
Current assets
€11.0m ▲ 0.9%
Equity and liabilities €11.0m
Equity
€5.9m ▼ 38.4%
Provisions
€328,475 ▼ 7.6%
Debt
€4.7m ▲ 417%
Debt's share of the balance-sheet total rises from 8.4% to 43.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.33▼
2021 · 11.98
Debt to equity
0.80▲
2021 · 0.10
ROE
5.4%▲
2021 · 0.9%
ROA
2.9%▲
2021 · 0.8%
Debt ≤ 1 year
€4.7m▲
2021 · €909,358
Income taxes
€105,994▲
2021 · €29,669
Staff costs
€1.0m▼
2021 · €1.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 11 | 10 |
| full-time | 7 | 7 |
| part-time | 4 | 3 |
| in full-time equivalents | 9.6 | 8.8 |
| Average over the year, in full-time equivalents | 9.9 | 9.2 |
| On a permanent contract | 11 | 10 |
| Joined | 2 | 0 |
| Left | 1 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1.0m | €1.0m | ▼ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.05m | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.03m | -€0.03m | ▲ 18.2% |
| Other operating charges640/8 | - | - | - | €0.1m | €0.04m | ▼ 71.5% |
| Gross operating margin9900 | €4.2m | €1.6m | €1.3m | €1.2m | €1.5m | ▲ 19.3% |
| Operating profit (loss)9901 | €3.3m | €1.2m | €0.5m | €0.1m | €0.4m | ▲ 257% |
| Financial income75/76B | - | - | - | €3 | - | - |
| Recurring financial income75 | €0.001m | - | €1 | €3 | - | - |
| Financial charges65/66B | - | - | - | €0.003m | €0.002m | ▼ 43.0% |
| Recurring financial charges65 | €0.003m | €0.002m | €0.002m | €0.003m | €0.002m | ▼ 43.0% |
| Profit (loss) for the period before taxes9903 | €3.3m | €1.2m | €0.5m | €0.1m | €0.4m | ▲ 264% |
| Income taxes67/77 | €0.1m | €0.02m | €0.1m | €0.03m | €0.1m | ▲ 257% |
| Profit (loss) for the period9904 | €3.1m | €1.2m | €0.4m | €0.09m | €0.3m | ▲ 267% |
| Profit (loss) for the period to be appropriated9905 | €3.1m | €1.2m | €0.4m | €0.09m | €0.3m | ▲ 267% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.9m | €10.1m | €10.5m | €10.9m | €11.0m | ▲ 0.9% |
| Fixed assets21/28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €9.9m | €10.1m | €10.5m | €10.9m | €11.0m | ▲ 0.9% |
| Amounts receivable within one year40/41 | €6.0m | €5.5m | €0.5m | €1.2m | €1.2m | ▲ 1.1% |
| Trade receivables40 | - | - | - | €1.0m | €1.1m | ▲ 11.6% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.04m | ▼ 70.7% |
| Cash at bank and in hand54/58 | €3.9m | €4.6m | €10.0m | €9.7m | €9.8m | ▲ 0.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | ▲ 62.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.9m | €10.1m | €10.5m | €10.9m | €11.0m | ▲ 0.9% |
| Equity10/15 | €8.0m | €9.2m | €9.5m | €9.6m | €5.9m | ▼ 38.4% |
| Contributions10/11 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | = |
| Capital10 | - | - | - | €5.5m | €5.5m | = |
| Issued capital100 | - | - | - | €5.5m | €5.5m | = |
| Reserves13 | €2.5m | €3.7m | €4.0m | €4.1m | €0.4m | ▼ 89.8% |
| Non-distributable reserves130/1 | - | - | - | €0.4m | €0.4m | = |
| Legal reserve130 | - | - | - | €0.4m | €0.4m | = |
| Distributable reserves133 | - | - | - | €3.7m | - | - |
| Provisions and deferred taxes16 | €1.5m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 7.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.4m | €0.3m | ▼ 7.6% |
| Pensions and similar obligations160 | - | - | - | €0.05m | €0.03m | ▼ 47.6% |
| Other liabilities and charges164/5 | - | - | - | €0.3m | €0.3m | ▼ 0.6% |
| Amounts payable17/49 | €0.4m | €0.4m | €0.6m | €0.9m | €4.7m | ▲ 417% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.9m | €4.7m | ▲ 419% |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.7m | €0.5m | ▼ 36.7% |
| Suppliers440/4 | - | - | - | €0.7m | €0.5m | ▼ 36.7% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | €0.02m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | ▲ 18.1% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | ▲ 18.1% |
| Other amounts payable47/48 | - | - | - | - | €4.1m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | €0.01m | ▲ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.1m | €1.2m | €0.4m | €0.09m | €0.3m | ▲ 267% |
| + Depreciation and write-downs630 | €0.1m | - | - | - | - | - |
| Operating cash flow (approximation) | €3.3m | €1.2m | €0.4m | €0.09m | €0.3m | ▲ 267% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.7m | €5.4m | -€0.3m | €0.08m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00177940 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20355187 | |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39600348 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-48700065 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-34300196 | |
| 31-12-2017 | full format | 09-08-2018 | 2018-44700506 | |
| 31-12-2016 | full format | 31-07-2017 | 2017-40200054 | |
| 31-12-2015 | full format | 20-07-2016 | 2016-34100142 | |
| 31-12-2014 | full format | 24-07-2015 | 2015-34500133 | |
| 31-12-2013 | full format | 25-07-2014 | 2014-34900578 |