KEROLD
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 05-12-2022 was due by 05-07-2023 and was filed on 15-06-2023, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
20 d early
2021
59 d early
2020
46 d early
2019
35 d early
2018
29 d early
2017
19 d early
2016
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 30.7%
2020 · €11k
2018: €23k
2019: €21k
2020: €11k
2018 → 2021
Working capital
€58k▲ 33.5%
2020 · €44k
2018: €11k
2019: €32k
2020: €44k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€21k-€42k▲ 103%€53k▲ 27.2%€68k▲ 27.9%
Operating result€33k-€31k▼ 8.1%€16k▼ 46.4%€20k▲ 23.2%
Net result€23k-€21k▼ 7.7%€11k▼ 46.5%€15k▲ 30.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 23% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €74k
Fixed assets
€9k▼ 0.1%
Current assets
€65k▲ 22.7%
Equity and liabilities €74k
Equity
€68k▲ 27.9%
Debt
€6k▼ 31.3%
The debt ratio falls from 14.6% to 8.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
91.6%▲
2020 · 85.4%
Current ratio
10.35▲
2020 · 5.90
Quick ratio
10.35▲
2020 · 5.90
Debt / equity
0.09
ROE
21.8%▲
2020 · 21.4%
ROA
20.0%▲
2020 · 18.2%
Debt
€6k▼
2020 · €9k
Debt ≤ 1 year
€6k▼
2020 · €9k
Income taxes
€5k▲
2020 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€62k€74k▲
Fixed assets21/28€9k€9k▼
Financial fixed assets28€9k€9k▼
Current assets29/58€53k€65k▲
Amounts receivable within one year40/41€27k€39k▲
Trade receivables40-€38k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€26k€26k▼
Equity and liabilities
Total equity and liabilities10/49€62k€74k▲
Equity10/15€53k€68k▲
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€33k€47k▲
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44-€348
Suppliers440/4-€348
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48-€507
Accrued charges and deferred income492/3-€0
Income statement
Code20202021
Other operating charges640/8-€2k
Gross operating margin9900€23k€22k▼
Operating profit (loss)9901€16k€20k▲
Financial income75/76B-€742
Recurring financial income75€6€742▲
Financial charges65/66B-€859
Recurring financial charges65€1k€859▼
Profit (loss) for the period before taxes9903€15k€20k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€11k€15k▲
Profit (loss) for the period to be appropriated9905€11k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€47k
Profit (loss) brought forward from the previous period14P-€33k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-12
State Gazette act
General meeting · Statutes amendment
Registered-office move · Corporate purpose
03-11
State Gazette act
Merger · Accounting effect
Corporate purpose · Purpose change
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €11k ▼46.5%
Net result drops to €11k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 5.90
Current ratio from 2.25 to 5.90; short-term debt falls from €26k to €9k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 1.02 to 2.25; short-term debt falls from €482k to €26k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
13-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.