LDRAVA
Open bankruptcyFinancials · financial year 2023, micro format
Equity
€80,789▲ 94.8%
2022 · €41,474
Total assets
€440,099▲ 4.8%
2022 · €420,075
Net result
€39,315▲ 11.5%
2022 · €35,274
Working capital
-€167,419▼ 10.9%
2022 · -€150,923
Trend over the years
2022 to 2023, 2 financial years
The operating result falls in 2023; 2023 is 3% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€53,542
2023
Net result€39,315
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€440,099
2023
Equity€80,789
2023
Debt€359,310
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€167,419
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20222023
Operating result€54,974-€53,542▼ 2.6%
Net result€35,274-€39,315▲ 11.5%
Equity€41,474-€80,789▲ 94.8%
Total assets€420,075-€440,099▲ 4.8%
Debt€378,601-€359,310▼ 5.1%
Working capital-€150,923--€167,419▼ 10.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €440,099
Fixed assets
€415,531 ▲ 5.2%
Current assets
€24,567 ▼ 2.0%
Equity and liabilities €440,099
Equity
€80,789 ▲ 94.8%
Debt
€359,310 ▼ 5.1%
Debt's share of the balance-sheet total falls from 90.1% to 81.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,750
Cash flow
€39,522
Current ratio
0.13▼
2022 · 0.14
Debt to equity
4.45▼
2022 · 9.13
ROE
48.7%▼
2022 · 85.1%
ROA
8.9%▲
2022 · 8.4%
Interest coverage
12.32
Debt ≤ 1 year
€191,986▲
2022 · €175,998
Debt > 1 year
€164,724▼
2022 · €202,603
Income taxes
€9,928▲
2022 · €8,818
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €207 | - |
| Other operating charges640/8 | €695 | €384 | ▼ 44.7% |
| Gross operating margin9900 | €55,669 | €54,134 | ▼ 2.8% |
| Operating profit (loss)9901 | €54,974 | €53,542 | ▼ 2.6% |
| Financial income75/76B | - | €63 | - |
| Recurring financial income75 | - | €63 | - |
| Financial charges65/66B | €10,882 | €4,363 | ▼ 59.9% |
| Recurring financial charges65 | €10,882 | €4,363 | ▼ 59.9% |
| Profit (loss) for the period before taxes9903 | €44,092 | €49,243 | ▲ 11.7% |
| Income taxes67/77 | €8,818 | €9,928 | ▲ 12.6% |
| Profit (loss) for the period9904 | €35,274 | €39,315 | ▲ 11.5% |
| Profit (loss) for the period to be appropriated9905 | €35,274 | €39,315 | ▲ 11.5% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €420,075 | €440,099 | ▲ 4.8% |
| Fixed assets21/28 | €395,000 | €415,531 | ▲ 5.2% |
| Tangible fixed assets22/27 | - | €20,531 | - |
| Furniture and vehicles24 | - | €20,531 | - |
| Financial fixed assets28 | €395,000 | €395,000 | = |
| Current assets29/58 | €25,075 | €24,567 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €0 | €11,464 | - |
| Trade receivables40 | €0 | €9,075 | - |
| Other amounts receivable41 | €0 | €2,389 | - |
| Cash at bank and in hand54/58 | €25,075 | €4,029 | ▼ 83.9% |
| Deferred charges and accrued income490/1 | - | €9,075 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €420,075 | €440,099 | ▲ 4.8% |
| Equity10/15 | €41,474 | €80,789 | ▲ 94.8% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €35,274 | €74,589 | ▲ 111% |
| Amounts payable17/49 | €378,601 | €359,310 | ▼ 5.1% |
| Amounts payable after more than one year17 | €202,603 | €164,724 | ▼ 18.7% |
| Financial debts170/4 | €202,603 | €164,724 | ▼ 18.7% |
| Amounts payable within one year42/48 | €175,998 | €191,986 | ▲ 9.1% |
| Current portion of amounts payable after more than one year42 | €37,317 | €37,880 | ▲ 1.5% |
| Trade debts44 | €0 | €20,816 | - |
| Suppliers440/4 | €0 | €20,816 | - |
| Taxes, remuneration and social security45 | €13,491 | €23,490 | ▲ 74.1% |
| Taxes450/3 | €13,491 | €23,490 | ▲ 74.1% |
| Other amounts payable47/48 | €125,190 | €109,800 | ▼ 12.3% |
| Accrued charges and deferred income492/3 | - | €2,600 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €35,274 | €39,315 | ▲ 11.5% |
| + Depreciation and write-downs630 | - | €207 | - |
| Operating cash flow (approximation) | €35,274 | €39,522 | ▲ 12.0% |
| Investment in fixed assets (approximation) | - | -€20,738 | - |
| Change in cash | - | -€21,047 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 31-05-2024 | 2024-00107040 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00263997 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.