IZIMALI
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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 · 4 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-07-2023, 6 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
6 d early
2021
4 d early
2020
4 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 11 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)
Financials · fiscal year 2022, micro schema
Equity
€1.8m▲ 3.0%
2021 · €1.8m
Total assets
€1.9m▲ 7.1%
2021 · €1.8m
Net result
€42,271▲ 139%
2021 · €17,653
Working capital
€1.2m▲ 0.1%
2021 · €1.2m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€3,017-€5,738€4,487▼ 21.8%€9,993▲ 123%
Net result-€6,057-€1.8m€17,653▼ 99.0%€42,271▲ 139%
Equity€143-€1.8m▲ 1,238,714%€1.8m▲ 0.9%€1.8m▲ 3.0%
Total assets€206,680-€1.8m▲ 758%€1.8m▲ 1.2%€1.9m▲ 7.1%
Debt€206,537-€3,260▼ 98.4%€8,652▲ 165%€82,995▲ 859%
Working capital€50,143-€1.0m▲ 1,901%€1.2m▲ 23.7%€1.2m▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 123% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.9m
Fixed assets
€597,915 ▲ 9.5%
Current assets
€1.3m ▲ 6.0%
Equity and liabilities €1.9m
Equity
€1.8m ▲ 3.0%
Debt
€82,995 ▲ 859%
Debt's share of the balance-sheet total rises from 0.5% to 4.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
15.97
Debt to equity
0.05▲
2021 · 0.00
ROE
2.3%▲
2021 · 1.0%
ROA
2.2%▲
2021 · 1.0%
Debt ≤ 1 year
€82,995▲
2021 · €8,652
Income taxes
€10,432▲
2021 · €4,233
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 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €449 | €970 | ▲ 116% |
| Gross operating margin9900 | -€2,224 | €6,185 | €4,935 | €10,963 | ▲ 122% |
| Operating profit (loss)9901 | -€3,017 | €5,738 | €4,487 | €9,993 | ▲ 123% |
| Financial income75/76B | - | - | €17,415 | €43,172 | ▲ 148% |
| Recurring financial income75 | - | €1.8m | €17,415 | €43,172 | ▲ 148% |
| Financial charges65/66B | - | - | €16 | €461 | ▲ 2,816% |
| Recurring financial charges65 | €3,040 | €958 | €16 | €461 | ▲ 2,816% |
| Profit (loss) for the period before taxes9903 | -€6,057 | €1.8m | €21,886 | €52,703 | ▲ 141% |
| Income taxes67/77 | - | €2,453 | €4,233 | €10,432 | ▲ 146% |
| Profit (loss) for the period9904 | -€6,057 | €1.8m | €17,653 | €42,271 | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | -€6,057 | €1.8m | €17,653 | €42,271 | ▲ 139% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €206,680 | €1.8m | €1.8m | €1.9m | ▲ 7.1% |
| Fixed assets21/28 | €150,000 | €767,875 | €545,835 | €597,915 | ▲ 9.5% |
| Financial fixed assets28 | €150,000 | €767,875 | €545,835 | €597,915 | ▲ 9.5% |
| Current assets29/58 | €56,680 | €1.0m | €1.2m | €1.3m | ▲ 6.0% |
| Amounts receivable after more than one year29 | - | - | €1.0m | €1.2m | ▲ 18.0% |
| Other amounts receivable291 | - | - | €1.0m | €1.2m | ▲ 18.0% |
| Amounts receivable within one year40/41 | €50,000 | €5,428 | €0 | €52,944 | - |
| Trade receivables40 | - | - | - | €7,260 | - |
| Other amounts receivable41 | - | - | €0 | €45,684 | - |
| Cash at bank and in hand54/58 | €6,680 | €65,305 | €210,330 | €45,141 | ▼ 78.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €206,680 | €1.8m | €1.8m | €1.9m | ▲ 7.1% |
| Equity10/15 | €143 | €1.8m | €1.8m | €1.8m | ▲ 3.0% |
| Contributions10/11 | €6,200 | - | €6,200 | €18,550 | ▲ 199% |
| Reserves13 | - | €1.8m | €1.8m | €1.8m | ▲ 2.3% |
| Distributable reserves133 | - | - | €1.8m | €1.8m | ▲ 2.3% |
| Profit (loss) carried forward14 | -€6,057 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €206,537 | €3,260 | €8,652 | €82,995 | ▲ 859% |
| Amounts payable after more than one year17 | €200,000 | €0 | - | - | - |
| Amounts payable within one year42/48 | €6,537 | €3,260 | €8,652 | €82,995 | ▲ 859% |
| Current portion of amounts payable after more than one year42 | - | - | - | €75,000 | - |
| Trade debts44 | €637 | €342 | €415 | €661 | ▲ 59.2% |
| Suppliers440/4 | - | - | €415 | €661 | ▲ 59.2% |
| Taxes, remuneration and social security45 | - | - | €7,151 | €5,163 | ▼ 27.8% |
| Taxes450/3 | - | - | €7,151 | €5,163 | ▼ 27.8% |
| Other amounts payable47/48 | - | - | €1,085 | €2,170 | ▲ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,057 | €1.8m | €17,653 | €42,271 | ▲ 139% |
| Operating cash flow (approximation) | -€6,057 | €1.8m | €17,653 | €42,271 | ▲ 139% |
| Investment in fixed assets (approximation) | - | -€617,875 | €222,040 | -€52,080 | ▼ 123% |
| Change in cash | - | €58,626 | €145,025 | -€165,189 | ▼ 214% |
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
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1.8m
Net result €1.8m after one loss-making year.
31-12
Financial
Liquidity times 36current ratio 308.66
Current ratio from 8.67 to 308.66; short-term debt falls from €6,537 to €3,260.
31-12
Financial
Equity above €1mEq €1.8m ▲1,238,714%
Equity rises from €143 to €1.8m.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
Owners and holdings
4 holdingsOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 4
- Sourceown accounts 202225%
-
25%
-
24.75%
-
15.03%
According to the 2022 annual accounts of IZIMALI and those 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.