KUNST-PLUS (0459.298.166): financials and annual accounts

KUNST-PLUS

Brussels ·KBO/BCE: BE 0459.298.166

Line	2023	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	82,676	98,606	114,980	136,314	140,341	151,769	88,481	95,305	102,561	122,591	113,585	116,319	121,712	128,079	135,456	143,101	149,151
Fixed assets`21/28`	63,375	87,043	98,817	110,592	122,367	125,440	85,892	91,752	97,611	103,470	109,330	115,189	121,048	126,967	132,885	138,804	144,663
Tangible fixed assets`22/27`	63,375	87,043	98,817	110,592	122,367	125,440	85,892	91,752	97,611	103,470	109,330	115,189	121,048	126,967	132,885	138,804	144,663
Land and buildings`22`	48,239	61,817	68,546	75,275	82,005	80,033	85,892	91,752	97,611	103,470	109,330	115,189	121,048	126,967	132,885	138,804	144,663
Plant, machinery and equipment`23`	15,136	25,226	30,271	35,317	40,362	45,407	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	19,301	11,563	16,163	25,722	17,975	26,329	2,589	3,553	4,950	19,121	4,255	1,130	664	1,112	2,571	4,297	4,488
Amounts receivable within one year`40/41`	18,314	11,551	15,923	25,629	17,219	11,473	-	-	-	-	-	640	-	815	2,015	4,217	4,217
Trade receivables`40`	-	-	-	-	-	3,025	-	-	-	-	-	-	-	242	242	-	-
Other amounts receivable`41`	18,314	11,551	15,923	25,629	17,219	8,448	-	-	-	-	-	640	-	573	1,773	4,217	4,217
Cash at bank and in hand`54/58`	13	12	240	93	755	14,856	2,588	3,553	4,637	18,321	3,459	490	664	297	556	80	271
Deferred charges and accrued income`490/1`	974	-	-	-	-	-	1	-	313	800	796	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	82,676	98,606	114,980	136,314	140,341	151,769	88,481	95,305	102,561	122,591	113,585	116,319	121,712	128,079	135,456	143,101	149,151
Equity`10/15`	-63,475	-6,300	20,028	36,840	57,145	91,812	64,727	72,406	71,309	90,422	83,655	78,002	71,853	66,939	61,929	57,645	52,911
Contributions`10/11`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Capital`10`	61,973	61,973	61,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Reserves`13`	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	4,966	-	-	-
Non-distributable reserves`130/1`	6,197	6,197	6,197	6,197	6,197	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	4,966	-	-	-
Profit (loss) carried forward`14`	-131,645	-74,470	-48,143	-31,331	-11,026	23,642	-3,443	4,236	3,139	22,252	15,485	9,832	3,683	-	-45	-4,329	-9,063
Amounts payable`17/49`	146,151	104,905	94,952	99,474	83,197	59,957	23,754	22,899	31,252	32,169	29,930	38,317	49,859	61,140	73,527	85,456	96,241
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	7,240	21,072	34,230	47,632	58,378
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	7,240	21,072	34,230	47,632	58,378
Amounts payable within one year`42/48`	146,151	104,905	94,952	99,474	83,197	59,956	23,754	22,897	30,862	31,269	29,930	38,317	42,619	40,068	39,298	37,825	37,862
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	7,268	13,934	13,232	12,462	10,747	11,026
Trade debts`44`	8,137	-	-	303	-	30,686	2,445	2,188	1,151	1,531	800	1,239	-	-	-	242	-
Suppliers`440/4`	8,137	-	-	303	-	30,686	2,445	2,188	1,151	1,531	800	1,239	-	-	-	242	-
Taxes, remuneration and social security`45`	10,104	-	-	7,961	7,961	7,961	-	-	3,263	2,160	1,551	2,941	1,095	-	-	-	-
Taxes`450/3`	10,104	-	-	7,961	7,961	7,961	-	-	3,263	2,160	1,551	2,941	1,095	-	-	-	-
Other amounts payable`47/48`	127,910	104,905	94,952	91,211	75,236	21,309	21,309	20,709	26,448	27,578	27,579	26,869	27,590	26,836	26,836	26,836	26,836
Accrued charges and deferred income`492/3`	-	-	-	-	-	1	-	2	390	900	-	-	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	19,336	19,336	20,436	21,136
Non-recurring operating income`76A`	-	-	-	-	-	2,500	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-5,913	-3,088	-611	-8,983	-20,954	50,912	-338	8,440	14,024	17,452	15,483	16,146	14,912	14,657	14,578	15,607	15,642
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	4,679	4,757	4,829	5,493
Remuneration, social security and pensions`62`	-	-	-	-	315	764	-	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	11,834	11,775	11,775	11,775	11,775	10,904	5,859	5,859	5,859	5,860	5,859	5,859	5,918	5,918	5,918	5,859	5,859
Other operating charges`640/8`	384	10,663	4,750	473	1,949	4,185	1,439	1,281	2,133	2,611	2,233	1,316	1,283	1,283	1,232	1,212	1,282
Operating profit (loss)`9901`	-18,131	-25,526	-17,136	-21,230	-34,994	35,059	-7,636	1,300	6,032	8,981	7,391	8,971	7,711	7,455	7,428	8,536	8,501
Financial income`75/76B`	974	561	1,073	1,025	434	31	-	4	10	-	-	-	-	-	-	-	53
Recurring financial income`75`	974	561	1,073	1,025	434	31	-	4	10	-	-	-	-	-	-	-	53
Financial charges`65/66B`	102	77	155	100	109	44	43	207	50	54	187	928	1,702	2,445	3,144	3,802	4,179
Recurring financial charges`65`	102	77	155	100	109	44	43	207	50	54	187	928	1,702	2,445	3,144	3,802	4,179
Profit (loss) for the period before taxes`9903`	-17,259	-25,041	-16,218	-20,304	-34,668	35,046	-7,679	1,097	5,992	8,927	7,204	8,043	6,009	5,010	4,284	4,734	4,375
Income taxes`67/77`	0	1,286	594	-	-	7,961	-	-	1,105	2,160	1,551	1,894	1,094	-	-	-	-
Profit (loss) for the period`9904`	-17,259	-26,327	-16,812	-20,304	-34,668	27,085	-7,679	1,097	4,887	6,767	5,653	6,149	4,915	5,010	4,284	4,734	4,375
Profit (loss) for the period to be appropriated`9905`	-17,259	-26,327	-16,812	-20,304	-34,668	27,085	-7,679	1,097	4,887	6,767	5,653	6,149	4,915	5,010	4,284	4,734	4,375
Appropriation of the result
Profit (loss) to be appropriated`9906`	-131,645	-74,470	-48,143	-31,331	-11,026	23,642	-3,443	4,236	27,139	22,252	15,485	9,832	4,915	4,966	-45	-4,329	-9,063
Profit (loss) brought forward from the previous period`14P`	-114,386	-48,143	-31,331	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	1,232	4,966	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	1,232	4,966	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	24,000	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	24,000	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	11-09-2025	2025-00489177	PDF
31-12-2021	micro format	30-09-2022	2022-20444139	PDF
31-12-2020	micro format	11-04-2022	2022-20002306	PDF
31-12-2019	micro format	11-03-2022	2022-07600592	PDF
31-12-2018	micro format	11-03-2022	2022-07600395	PDF
31-12-2017	abbreviated format	07-05-2019	2019-12500362	PDF
31-12-2016	abbreviated format	29-08-2018	2018-53700425	PDF
31-12-2015	abbreviated format	24-10-2016	2016-66100363	PDF
31-12-2014	full format	31-08-2015	2015-50200400	PDF
31-12-2013	full format	15-09-2014	2014-58400258	PDF
31-12-2012	full format	23-04-2014	2014-09400342	PDF
31-12-2011	full format	23-04-2014	2014-09400341	PDF
31-12-2010	full format	23-04-2014	2014-09400340	PDF
31-12-2009	full format	29-08-2010	2010-46100263	PDF
31-12-2008	full format	17-07-2009	2009-42400343	PDF
31-12-2007	full format	28-08-2008	2008-63300346	PDF
31-12-2006	full format	31-07-2007	2007-49900143	PDF
31-12-2005	full format	29-06-2006	2006-35703613	PDF
31-12-2004	full format	30-09-2005	2005-79404254	PDF
31-12-2003	full format	15-10-2004	2004-74101947	PDF
31-12-2003	abbreviated format	17-06-2004	2004-26304332	PDF
31-12-2002	full format	29-07-2003	2003-53001539	PDF
31-12-2001	full format	28-08-2002	2002-50700439	PDF
31-12-2000	full format	16-10-2001	2001-64600408	PDF
31-12-1999	full format	10-08-2000	2000-50702463	PDF
31-12-1998	full format	30-09-1999	1999-50201891	PDF
31-12-1997	full format	24-07-1998	1998-35600929	PDF

Line	2023	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-6,297	-13,751	-5,362	-9,455	-23,219	45,963	-1,777	7,159	11,891	14,841	13,250	14,830	13,629	13,374	13,347	14,395	14,361
Cash flow	-5,425	-14,553	-5,038	-8,530	-22,893	37,989	-1,820	6,956	10,746	12,627	11,512	12,008	10,833	10,929	10,203	10,593	10,234
Investment in fixed assets (approximation)	-	0	0	0	8,701	47,952	-1	0	0	0	0	0	-1	0	0	0	-
Change in cash	-	-228	147	-662	-14,101	12,268	-965	-1,084	-13,684	14,862	2,969	-174	367	-258	476	-191	-
Working capital	-126,850	-93,342	-78,790	-73,752	-65,222	-33,627	-21,165	-19,344	-25,912	-12,148	-25,675	-37,187	-41,955	-38,956	-36,727	-33,527	-33,374
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	38.6%	38.4%	41.8%	40.2%
Solvency	-76.8%	-6.4%	17.4%	27.0%	40.7%	60.5%	73.2%	76.0%	69.5%	73.8%	73.6%	67.1%	59.0%	52.3%	45.7%	40.3%	35.5%
Current ratio	0.13	0.11	0.17	0.26	0.22	0.44	0.11	0.16	0.16	0.61	0.14	0.03	0.02	0.03	0.07	0.11	0.12
Debt to equity	-	-	4.74	2.70	1.46	0.65	0.37	0.32	0.44	0.36	0.36	0.49	0.69	0.91	1.19	1.48	1.82
ROE	-	-	-83.9%	-55.1%	-60.7%	29.5%	-11.9%	1.5%	6.9%	7.5%	6.8%	7.9%	6.8%	7.5%	6.9%	8.2%	8.3%
ROA	-20.9%	-26.7%	-14.6%	-14.9%	-24.7%	17.8%	-8.7%	1.2%	4.8%	5.5%	5.0%	5.3%	4.0%	3.9%	3.2%	3.3%	2.9%
Interest coverage	-61.48	-177.87	-34.60	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	5 days	5 days	75 days	73 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18 days	-

KUNST-PLUS

Annual accounts 2023

Money flows

Balance sheet

Change in equity

Change in cash

Filed annual accounts

Filings

Key figures and ratios

Insights on KUNST-PLUS

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