KRG
ActiveFinancials · financial year 2023, micro format
2023 annual accounts filed 30 days after the deadline Filed on 30 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00414755.
Annual accounts 2023 filed on 30-08-2024 PDF
Turnover
≈ €76,000
Estimated: probably between €35,000 and €120,000
Total assets
€28,007
Net result
€2,309
Working capital
€3,882
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €27,545
Fixed assets
€2,964
Current assets
€24,581
Equity and liabilities €28,007
Equity
€7,309
Debt
€20,699
Debt's share of the balance-sheet total is 73.9%.
Key figures and ratios
EBITDA
€4,560
Cash flow
€3,971
Current ratio
1.19
Debt to equity
2.83
ROE
31.6%
ROA
8.2%
Interest coverage
over 100
Debt ≤ 1 year
€20,699
Income taxes
€577
Investments
| Item | 2023 |
|---|---|
| Tangible fixed assets | €4,000 |
| Depreciation and write-downs of the year | €1,662 |
Source: notes to the 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,662 |
| Gross operating margin9900 | €4,560 |
| Operating profit (loss)9901 | €2,898 |
| Financial charges65/66B | €12 |
| Recurring financial charges65 | €12 |
| Profit (loss) for the period before taxes9903 | €2,886 |
| Income taxes67/77 | €577 |
| Profit (loss) for the period9904 | €2,309 |
| Profit (loss) for the period to be appropriated9905 | €2,309 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €28,007 | |
| Formation expenses20 | €462 | |
| Fixed assets21/28 | €2,964 | |
| Tangible fixed assets22/27 | €2,964 | |
| Furniture and vehicles24 | €2,964 | |
| Current assets29/58 | €24,581 | |
| Amounts receivable within one year40/41 | €6,993 | |
| Trade receivables40 | €6,834 | |
| Other amounts receivable41 | €159 | |
| Cash at bank and in hand54/58 | €17,588 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €28,007 | |
| Equity10/15 | €7,309 | |
| Contributions10/11 | €5,000 | |
| Contributions outside capital11 | €5,000 | |
| Other1109/19 | €5,000 | |
| Profit (loss) carried forward14 | €2,309 | |
| Amounts payable17/49 | €20,699 | |
| Amounts payable within one year42/48 | €20,699 | |
| Trade debts44 | €17,522 | |
| Suppliers440/4 | €17,522 | |
| Taxes, remuneration and social security45 | €577 | |
| Taxes450/3 | €577 | |
| Other amounts payable47/48 | €2,600 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €2,309 |
| + Depreciation and write-downs630 | €1,662 |
| Operating cash flow (approximation) | €3,971 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 30-08-2024 | 2024-00414755 |