KEYDATA
Open bankruptcyFinancials · fiscal year 2022, full schema
Turnover
€94,778▼ 7.6%
2019 · €102,564
EBIT margin
13.6%▼ 2.9pp
2019 · 16.5%
Net result
-€12,222▲ 57.5%
2021 · -€28,731
Working capital
€8,981▼ 61.8%
2021 · €23,523
Trend over the years
2018 to 2022, 5 fiscal years 2018 to 2022, 5 fiscal years
The operating result stays negative: a loss of €13,566 in 2022 against €30,634 in 2021; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€94,778
2020
Operating result-€13,566
2022
Net result-€12,222
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€120,919
2022
Equity€4,401
2022
Debt€109,618
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8,981
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin13.6%
2020
Return on assets (ROA)-10.1%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency3.6%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.08
2022
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€99,720-€102,564▲ 2.9%€94,778▼ 7.6%
Operating result€25,127-€16,955▼ 32.5%€12,901▼ 23.9%-€30,634-€13,566▲ 55.7%
Net result€19,395-€15,550▼ 19.8%€11,874within the sector's middle half▼ 23.6%-€28,731below the sector's middle half-€12,222below the sector's middle half▲ 57.5%
EBIT margin25.2%-16.5%▼ 8.7pp13.6%▼ 2.9pp
Equity€97,215-€98,480▲ 1.3%€45,354within the sector's middle half▼ 53.9%€16,623below the sector's middle half▼ 63.3%€4,401below the sector's middle half▼ 73.5%
Total assets€119,721-€136,514▲ 14.0%€118,292within the sector's middle half▼ 13.3%€23,870below the sector's middle half▼ 79.8%€120,919below the sector's middle half▲ 407%
Debt€15,606-€31,134▲ 99.5%€66,038▲ 112%€348▼ 99.5%€109,618▲ 31,445%
Working capital€73,117-€67,104▼ 8.2%€22,916within the sector's middle half▼ 65.8%€23,523within the sector's middle half▲ 2.6%€8,981within the sector's middle half▼ 61.8%
Solvency81.2%-72.1%▼ 9.1pp38.3%within the sector's middle half▼ 33.8pp69.6%within the sector's middle half▲ 31.3pp3.6%below the sector's middle half▼ 66.0pp
Current ratio5.69-4.17▼ 1.511.35within the sector's middle half▼ 2.8268.69above the sector's middle half▲ 67.341.08within the sector's middle half▼ 67.61
Return on assets (ROA)16.2%-11.4%▼ 4.8pp10.0%within the sector's middle half▼ 1.4pp-120.4%below the sector's middle half▼ 130.4pp-10.1%below the sector's middle half▲ 110.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €120,919
Fixed assets
€2,320
Current assets
€118,599
Equity and liabilities €120,919
Equity
€4,401 ▼ 73.5%
Provisions
€6,900 =
Debt
€109,618 ▲ 31,445%
Debt's share of the balance-sheet total rises from 1.5% to 90.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,505
Cash flow
-€12,161
Debt to equity
24.91▲
2021 · 0.02
ROE
-277.7%▼
2021 · -172.8%
Interest coverage
-122.72
Debt ≤ 1 year
€109,618▲
2021 · €348
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 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €99,720 | €102,564 | €94,778 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1,630 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,730 | €10,264 | €5,268 | - | €61 | - |
| Other operating charges640/8 | - | - | - | €375 | - | - |
| Non-recurring operating charges66A | - | - | - | €28,629 | - | - |
| Gross operating margin9900 | €31,424 | €29,301 | €30,815 | -€1,630 | -€13,505 | ▼ 729% |
| Operating profit (loss)9901 | €25,127 | €16,955 | €12,901 | -€30,634 | -€13,566 | ▲ 55.7% |
| Financial income75/76B | - | - | - | €2,678 | €1,455 | ▼ 45.7% |
| Recurring financial income75 | €3,947 | €4,133 | €5,586 | €2,678 | €1,455 | ▼ 45.7% |
| Financial charges65/66B | - | - | - | €931 | €110 | ▼ 88.2% |
| Recurring financial charges65 | €6 | €194 | €220 | €223 | €110 | ▼ 50.6% |
| Non-recurring financial charges66B | - | - | - | €708 | - | - |
| Profit (loss) for the period before taxes9903 | €29,068 | €20,894 | €17,388 | -€28,887 | -€12,222 | ▲ 57.7% |
| Income taxes67/77 | €9,673 | €5,343 | €5,513 | -€156 | - | - |
| Profit (loss) for the period9904 | €19,395 | €15,550 | €11,874 | -€28,731 | -€12,222 | ▲ 57.5% |
| Profit (loss) for the period to be appropriated9905 | €19,395 | €15,550 | €11,874 | -€28,731 | -€12,222 | ▲ 57.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,721 | €136,514 | €118,292 | €23,870 | €120,919 | ▲ 407% |
| Fixed assets21/28 | €30,998 | €48,246 | €29,338 | - | €2,320 | - |
| Tangible fixed assets22/27 | €30,290 | €47,538 | €28,629 | - | €2,320 | - |
| Furniture and vehicles24 | - | - | - | - | €2,320 | - |
| Financial fixed assets28 | €708 | €708 | €708 | - | - | - |
| Current assets29/58 | €88,723 | €88,268 | €88,955 | €23,870 | €118,599 | ▲ 397% |
| Amounts receivable within one year40/41 | €75,951 | €81,276 | €65,186 | €23,816 | €46,069 | ▲ 93.4% |
| Trade receivables40 | - | - | - | - | €25,484 | - |
| Other amounts receivable41 | - | - | - | €23,816 | €20,585 | ▼ 13.6% |
| Cash at bank and in hand54/58 | €11,534 | €5,111 | €23,361 | €54 | €72,530 | ▲ 133,056% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,721 | €136,514 | €118,292 | €23,870 | €120,919 | ▲ 407% |
| Equity10/15 | €97,215 | €98,480 | €45,354 | €16,623 | €4,401 | ▼ 73.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Outside capital11 | - | - | - | - | €20,460 | - |
| Other1109/19 | - | - | - | - | €20,460 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - |
| Legal reserve130 | - | - | - | €1,860 | - | - |
| Profit (loss) carried forward14 | €76,755 | €78,020 | €24,894 | -€3,837 | -€16,059 | ▼ 319% |
| Provisions and deferred taxes16 | €6,900 | €6,900 | €6,900 | €6,900 | €6,900 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €6,900 | €6,900 | = |
| Pensions and similar obligations160 | - | - | - | €6,900 | €6,900 | = |
| Amounts payable17/49 | €15,606 | €31,134 | €66,038 | €348 | €109,618 | ▲ 31,445% |
| Amounts payable after more than one year17 | - | €9,970 | - | - | - | - |
| Amounts payable within one year42/48 | €15,606 | €21,164 | €66,038 | €348 | €109,618 | ▲ 31,445% |
| Trade debts44 | €466 | €629 | €304 | €348 | €109,618 | ▲ 31,445% |
| Suppliers440/4 | - | - | - | €348 | €109,618 | ▲ 31,445% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,395 | €15,550 | €11,874 | -€28,731 | -€12,222 | ▲ 57.5% |
| + Depreciation and write-downs630 | €4,730 | €10,264 | €5,268 | - | €61 | - |
| Operating cash flow (approximation) | €24,125 | €25,814 | €17,142 | -€28,731 | -€12,161 | ▲ 57.7% |
| Investment in fixed assets (approximation) | - | -€27,512 | €13,641 | - | - | - |
| Change in cash | - | -€6,423 | €18,249 | -€23,306 | €72,475 | ▲ 411% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
ALWA
BE 0687.748.806
Namur · Eq €4,400
FISCOTEAM
BE 0766.868.934
Koekelberg · Eq €4,398
OHB CONSULT
BE 0779.734.696
Sint-Pieters-Leeuw · Eq €4,396
NGI Consult
BE 0778.605.241
Sint-Genesius-Rode · Eq €4,396
IMMO BEST HOME
BE 0806.124.438
Sint-Pieters-Woluwe · Eq €4,395
Of 82,672 companies in this sector we hold annual accounts for 54,210. 15,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector