JIN CITY
Open bankruptcyFinancials · financial year 2021, micro format
Equity
€45,130▼ 30.0%
2020 · €64,455
Total assets
€45,134▼ 41.8%
2020 · €77,498
Net result
-€19,326
2019 · €10,391
Working capital
€45,130▼ 30.0%
2020 · €64,455
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result is -€19,037 in 2021, compared with -€60,433 in 2019. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€19,037
2021
Net result-€19,326
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€45,134
2021
Equity€45,130
2021
Debt€4
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€45,130
2021
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2019
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-€5,697--€60,433▼ 961%-€19,037
Net result-€5,809-€10,391-€19,326
Equity€54,064-€64,455▲ 19.2%€64,455=€45,130▼ 30.0%
Total assets€96,657-€77,498▼ 19.8%€77,498=€45,134▼ 41.8%
Debt€42,593-€13,043▼ 69.4%€13,043=€4▼ 100.0%
Working capital€40,585-€64,455▲ 58.8%€64,455=€45,130▼ 30.0%
Staff (FTE)5.8-0.8▼ 86.2%
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
Equity and liabilities €45,134
Equity
€45,130 ▼ 30.0%
Debt
€4 ▼ 100.0%
Debt's share of the balance-sheet total falls from 16.8% to 0.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00
ROE
-42.8%
ROA
-42.8%
Debt ≤ 1 year
€4▼
2020 · €13,043
Staff costs
€216
A ratio outside any meaningful range has been withheld (balance sheet total €45,134, equity €45,130).
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 |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €216 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,076 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €2,018 | - |
| Gross operating margin9900 | €195,599 | -€9,256 | - | -€16,803 | - |
| Operating profit (loss)9901 | -€5,697 | -€60,433 | - | -€19,037 | - |
| Financial charges65/66B | - | - | - | €289 | - |
| Recurring financial charges65 | €113 | €50 | - | €289 | - |
| Profit (loss) for the period before taxes9903 | -€5,809 | €26,038 | - | -€19,326 | - |
| Income taxes67/77 | - | €15,647 | - | - | - |
| Profit (loss) for the period9904 | -€5,809 | €10,391 | - | -€19,326 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,809 | €10,391 | - | -€19,326 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €96,657 | €77,498 | €77,498 | €45,134 | ▼ 41.8% |
| Formation expenses20 | €290 | - | - | - | - |
| Fixed assets21/28 | €13,189 | - | - | - | - |
| Tangible fixed assets22/27 | €13,189 | - | - | - | - |
| Current assets29/58 | €83,178 | €77,498 | €77,498 | €45,134 | ▼ 41.8% |
| Amounts receivable within one year40/41 | €30,843 | €23,609 | €23,609 | €45,134 | ▲ 91.2% |
| Other amounts receivable41 | - | - | - | €45,134 | - |
| Cash at bank and in hand54/58 | €52,335 | €53,889 | €53,889 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €96,657 | €77,498 | €77,498 | €45,134 | ▼ 41.8% |
| Equity10/15 | €54,064 | €64,455 | €64,455 | €45,130 | ▼ 30.0% |
| Contributions10/11 | €13,000 | €13,000 | - | €13,000 | - |
| Reserves13 | €1,860 | €12,240 | €12,240 | €12,240 | = |
| Non-distributable reserves130/1 | - | - | - | €12,240 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Other1319 | - | - | - | €10,380 | - |
| Profit (loss) carried forward14 | €39,204 | €39,215 | €39,215 | €19,890 | ▼ 49.3% |
| Amounts payable17/49 | €42,593 | €13,043 | €13,043 | €4 | ▼ 100.0% |
| Amounts payable within one year42/48 | €42,593 | €13,043 | €13,043 | €4 | ▼ 100.0% |
| Financial debts43 | - | - | - | €4 | - |
| Credit institutions430/8 | - | - | - | €4 | - |
| Trade debts44 | €1,526 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,809 | €10,391 | - | -€19,326 | - |
| + Depreciation and write-downs630 | €6,076 | - | - | - | - |
| Operating cash flow (approximation) | €267 | €10,391 | - | -€19,326 | - |
| Change in cash | - | €1,554 | €0 | - | - |
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 (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 29-07-2022 | 2022-20251429 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-58400268 |
| 31-12-2019 | micro format | 03-09-2020 | 2020-51100012 |
| 31-12-2018 | micro format | 15-08-2019 | 2019-46700260 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50500304 |
| 31-12-2016 | full format | 30-08-2017 | 2017-52800486 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.