MAMIDENT
InactiveFinancials · financial year 2022, full format
Annual accounts 2022 filed on 21-02-2023 PDF all 14 filings
Turnover
€131
2021 · €0
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€36,996
2021 · €61,496
Working capital
€202,862▼ 15.0%
2021 · €238,710
Multi-year overview
2018 to 2022, 5 financial yearsTurnover
€131
2022
20182022
Operating result
-€36,596
2022
20182022
Net result
-€36,996
2022
20182022
Equity
€203,904
▼ 15.4%
2022
20182022
Total assets
€208,100
▼ 19.1%
2022
20182022
Debt
€4,196
▼ 74.4%
2022
20182022
Working capital
€202,862
▼ 15.0%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Turnover€290,042-€0▼ 100%€0€0€131
Operating result€51,604-€74,076▲ 43.5%€63,464▼ 14.3%€87,677▲ 38.2%-€36,596
Net result€37,069-€56,342▲ 52.0%€43,532▼ 22.7%€61,496▲ 41.3%-€36,996
Equity€79,530-€135,872▲ 70.8%€179,404▲ 32.0%€240,900▲ 34.3%€203,904▼ 15.4%
Total assets€146,247-€175,985▲ 20.3%€215,194▲ 22.3%€257,264▲ 19.5%€208,100▼ 19.1%
Debt€66,717-€40,113▼ 39.9%€35,790▼ 10.8%€16,364▼ 54.3%€4,196▼ 74.4%
Working capital€56,433-€117,318▲ 108%€168,439▲ 43.6%€238,710▲ 41.7%€202,862▼ 15.0%
The operating result for 2022 is a loss of €36,596, after a profit of €87,677 in 2021. It is the lowest result since 2018.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €208,100
Fixed assets
€1,042 ▼ 52.4%
Current assets
€207,058 ▼ 18.8%
Equity and liabilities €208,100
Equity
€203,904 ▼ 15.4%
Debt
€4,196 ▼ 74.4%
Debt's share of the balance-sheet total falls from 6.4% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€35,447▼
2021 · €89,089
Cash flow
-€35,848▼
2021 · €62,907
Current ratio
49.35▲
2021 · 15.59
Debt to equity
0.02▼
2021 · 0.07
ROE
-18.1%▼
2021 · 25.5%
ROA
-17.8%▼
2021 · 23.9%
Interest coverage
-66.42▼
2021 · 36.49
Debt ≤ 1 year
€4,196▼
2021 · €16,364
Income taxes
-€133▼
2021 · €23,740
Customer credit
307 days
Supplier credit
18 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €20,424 | - |
| Depreciation and write-downs of the year | €1,411 | €1,149 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €290,042 | €0 | €0 | €0 | €131 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0 | €85,180 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,687 | €8,668 | €8,368 | €1,411 | €1,149 | ▼ 18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | €654 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - |
| Other operating charges640/8 | - | - | - | €997 | €152 | ▼ 84.8% |
| Gross operating margin9900 | €84,024 | €85,555 | €75,338 | €90,086 | -€34,641 | - |
| Operating profit (loss)9901 | €51,604 | €74,076 | €63,464 | €87,677 | -€36,596 | - |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €69 | €0 | - | - |
| Financial charges65/66B | - | - | - | €2,441 | €534 | ▼ 78.1% |
| Recurring financial charges65 | €1,924 | €2,539 | €3,029 | €2,441 | €534 | ▼ 78.1% |
| Profit (loss) for the period before taxes9903 | €49,680 | €71,537 | €60,504 | €85,236 | -€37,129 | - |
| Income taxes67/77 | €12,611 | €15,195 | €16,972 | €23,740 | -€133 | - |
| Profit (loss) for the period9904 | €37,069 | €56,342 | €43,532 | €61,496 | -€36,996 | - |
| Profit (loss) for the period to be appropriated9905 | €37,069 | €56,342 | €43,532 | €61,496 | -€36,996 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146,247 | €175,985 | €215,194 | €257,264 | €208,100 | ▼ 19.1% |
| Fixed assets21/28 | €23,097 | €18,554 | €10,965 | €2,190 | €1,042 | ▼ 52.4% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €23,097 | €18,554 | €10,965 | €2,190 | €1,042 | ▼ 52.4% |
| Plant, machinery and equipment23 | - | - | - | €200 | €100 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | €1,990 | €942 | ▼ 52.7% |
| Current assets29/58 | €123,150 | €157,431 | €204,229 | €255,074 | €207,058 | ▼ 18.8% |
| Amounts receivable within one year40/41 | €2,391 | €4,592 | €3,066 | €654 | €110 | ▼ 83.2% |
| Trade receivables40 | - | - | - | €654 | €110 | ▼ 83.2% |
| Current investments50/53 | - | - | €63,800 | €107,330 | €168,730 | ▲ 57.2% |
| Cash at bank and in hand54/58 | €120,695 | €152,772 | €134,253 | €143,576 | €38,153 | ▼ 73.4% |
| Deferred charges and accrued income490/1 | - | - | - | €3,514 | €65 | ▼ 98.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146,247 | €175,985 | €215,194 | €257,264 | €208,100 | ▼ 19.1% |
| Equity10/15 | €79,530 | €135,872 | €179,404 | €240,900 | €203,904 | ▼ 15.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | = |
| Reserves13 | €63,276 | €63,276 | €106,806 | €168,206 | €168,206 | = |
| Non-distributable reserves130/1 | - | - | - | €168,206 | €168,206 | = |
| Legal reserve130 | - | - | - | €5,676 | €5,676 | = |
| Other1319 | - | - | - | €162,530 | €162,530 | = |
| Profit (loss) carried forward14 | €10,054 | €66,396 | €66,398 | €66,494 | €29,498 | ▼ 55.6% |
| Amounts payable17/49 | €66,717 | €40,113 | €35,790 | €16,364 | €4,196 | ▼ 74.4% |
| Amounts payable within one year42/48 | €66,717 | €40,113 | €35,790 | €16,364 | €4,196 | ▼ 74.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | €0 | - |
| Trade debts44 | €2,709 | €4,318 | €7,286 | €1,559 | €4,123 | ▲ 164% |
| Suppliers440/4 | - | - | - | €1,559 | €4,123 | ▲ 164% |
| Advances received on contracts in progress46 | - | - | - | €0 | €0 | - |
| Taxes, remuneration and social security45 | - | - | - | €8,263 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €8,263 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0 | €0 | - |
| Other amounts payable47/48 | - | - | - | €6,542 | €74 | ▼ 98.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,069 | €56,342 | €43,532 | €61,496 | -€36,996 | - |
| + Depreciation and write-downs630 | €31,687 | €8,668 | €8,368 | €1,411 | €1,149 | ▼ 18.6% |
| Operating cash flow (approximation) | €68,756 | €65,010 | €51,900 | €62,907 | -€35,848 | - |
| Investment in fixed assets (approximation) | - | -€4,126 | -€779 | €7,364 | €0 | ▼ 100% |
| Change in cash | - | €32,078 | -€18,519 | €9,323 | -€105,422 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 21-02-2023 | 2023-00029605 | |
| 31-12-2021 | full format | 17-06-2022 | 2022-20070144 | |
| 31-12-2020 | full format | 22-06-2021 | 2021-22700024 | |
| 31-12-2019 | full format | 11-06-2020 | 2020-15900234 | |
| 31-12-2018 | full format | 14-06-2019 | 2019-18100482 | |
| 31-12-2017 | full format | 13-06-2018 | 2018-18300090 | |
| 31-12-2016 | full format | 19-06-2017 | 2017-18000044 | |
| 31-12-2015 | full format | 19-06-2016 | 2016-18800157 | |
| 31-12-2014 | full format | 09-07-2015 | 2015-28200369 | |
| 31-12-2013 | full format | 10-06-2014 | 2014-16400350 |