MEBIT
ActiveFinancials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 The financial year closed on 31 December 2022. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 3 November 2026.
Annual accounts 2021 filed on 11-07-2022 PDF all 2 filings
Turnover
≈ €150,000
Estimated: probably between €110,000 and €190,000
Total assets
€360,714▲ 11.6%
2020 · €323,142
Net result
€52,831▲ 11×
2020 · €4,678
Working capital
-€13,943▲ 43.5%
2020 · -€24,687
Multi-year overview
2020 to 2021, 2 financial yearsOperating result
€73,635
▲ 12×
2021
20202021
Net result
€52,831
▲ 11×
2021
middle half of the sector
20202021
Equity
€77,509
▲ 214%
2021
middle half of the sector
20202021
Total assets
€360,714
▲ 11.6%
2021
middle half of the sector
20202021
Debt
€283,205
▼ 5.1%
2021
20202021
Working capital
-€13,943
▲ 43.5%
2021
lowest quarter of the sector
20202021
Solvency
21.5%
▲ 13.9pp
2021
lowest quarter of the sector
20202021
Current ratio
0.81
▲ 0.33
2021
lowest quarter of the sector
20202021
Return on assets (ROA)
14.6%
▲ 13.2pp
2021
middle half of the sector
20202021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021
Operating result€6,071-€73,635▲ 12×
Net result€4,678within the sector's middle half-€52,831within the sector's middle half▲ 11×
Equity€24,678below the sector's middle half-€77,509within the sector's middle half▲ 214%
Total assets€323,142within the sector's middle half-€360,714within the sector's middle half▲ 11.6%
Debt€298,463-€283,205▼ 5.1%
Working capital-€24,687below the sector's middle half--€13,943below the sector's middle half▲ 43.5%
Solvency7.6%below the sector's middle half-21.5%below the sector's middle half▲ 13.9pp
Current ratio0.48below the sector's middle half-0.81below the sector's middle half▲ 0.33
Return on assets (ROA)1.4%within the sector's middle half-14.6%within the sector's middle half▲ 13.2pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2021 is over 12 times that of 2020.
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
2021 in colour, 2020 as the grey bar beneath
Assets €360,714
Fixed assets
€300,265 =
Current assets
€60,449 ▲ 164%
Equity and liabilities €360,714
Equity
€77,509 ▲ 214%
Debt
€283,205 ▼ 5.1%
Debt's share of the balance-sheet total falls from 92.4% to 78.5%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
3.65▼
2020 · 10.17
ROE
68.2%▲
2020 · 19.0%
Debt ≤ 1 year
€74,392▲
2020 · €47,564
Debt > 1 year
€208,530▼
2020 · €250,900
Income taxes
€18,491▲
2020 · €1,170
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €355 | - |
| Gross operating margin9900 | €6,440 | €73,990 | ▲ 11× |
| Operating profit (loss)9901 | €6,071 | €73,635 | ▲ 12× |
| Financial charges65/66B | - | €2,313 | - |
| Recurring financial charges65 | €223 | €2,313 | ▲ 937% |
| Profit (loss) for the period before taxes9903 | €5,848 | €71,322 | ▲ 12× |
| Income taxes67/77 | €1,170 | €18,491 | ▲ 16× |
| Profit (loss) for the period9904 | €4,678 | €52,831 | ▲ 11× |
| Profit (loss) for the period to be appropriated9905 | €4,678 | €52,831 | ▲ 11× |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €323,142 | €360,714 | ▲ 11.6% |
| Fixed assets21/28 | €300,265 | €300,265 | = |
| Financial fixed assets28 | €300,265 | €300,265 | = |
| Current assets29/58 | €22,877 | €60,449 | ▲ 164% |
| Amounts receivable within one year40/41 | €6,950 | €5,006 | ▼ 28.0% |
| Trade receivables40 | - | €5,006 | - |
| Cash at bank and in hand54/58 | €15,927 | €55,370 | ▲ 248% |
| Deferred charges and accrued income490/1 | - | €74 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €323,142 | €360,714 | ▲ 11.6% |
| Equity10/15 | €24,678 | €77,509 | ▲ 214% |
| Contributions10/11 | - | €20,000 | - |
| Profit (loss) carried forward14 | €4,678 | €57,509 | ▲ 12× |
| Amounts payable17/49 | €298,463 | €283,205 | ▼ 5.1% |
| Amounts payable after more than one year17 | €250,900 | €208,530 | ▼ 16.9% |
| Financial debts170/4 | - | €208,530 | - |
| Amounts payable within one year42/48 | €47,564 | €74,392 | ▲ 56.4% |
| Current portion of amounts payable after more than one year42 | - | €45,889 | - |
| Trade debts44 | €789 | €113 | ▼ 85.6% |
| Suppliers440/4 | - | €113 | - |
| Taxes, remuneration and social security45 | - | €24,590 | - |
| Taxes450/3 | - | €24,590 | - |
| Other amounts payable47/48 | - | €3,800 | - |
| Accrued charges and deferred income492/3 | - | €283 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,678 | €52,831 | ▲ 11× |
| Operating cash flow (approximation) | €4,678 | €52,831 | ▲ 11× |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €39,443 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.