MEDIADREAMS
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-06-2022, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
48 d early
2020
61 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 47 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16.0m
2020 · -€757,632
Working capital
€13.4m▲ 2,877%
2020 · €449,121
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€1,737--€11,365-€33,691▼ 196%€31,225
Net result€383,230-€204,412▼ 46.7%-€757,632€16.0m
Equity€7.7m-€7.9m▲ 2.7%€7.1m▼ 9.6%€23.1m▲ 224%
Total assets€8.1m-€8.3m▲ 1.7%€7.5m▼ 9.1%€23.5m▲ 213%
Debt€461,414-€398,686▼ 13.6%€406,645▲ 2.0%€464,115▲ 14.1%
Working capital€197,151-€201,554▲ 2.2%€449,121▲ 123%€13.4m▲ 2,877%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €31,225 after a loss of €33,691 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €23.5m
Fixed assets
€9.7m ▲ 45.5%
Current assets
€13.8m ▲ 1,517%
Equity and liabilities €23.5m
Equity
€23.1m ▲ 224%
Debt
€464,115 ▲ 14.1%
Debt's share of the balance-sheet total falls from 5.4% to 2.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
29.81▲
2020 · 2.10
Debt to equity
0.02
ROE
69.1%▲
2020 · -10.6%
ROA
67.8%▲
2020 · -10.1%
Debt ≤ 1 year
€464,086▲
2020 · €406,620
Income taxes
€1.5m▲
2020 · €2,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €666 | €344 | €344 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,000 | - |
| Other operating charges640/8 | - | - | - | €1,386 | - |
| Gross operating margin9900 | €5,299 | -€8,277 | -€31,055 | €37,611 | ▲ 221% |
| Operating profit (loss)9901 | €1,737 | -€11,365 | -€33,691 | €31,225 | ▲ 193% |
| Financial income75/76B | - | - | - | €17.8m | - |
| Recurring financial income75 | €400,603 | €221,809 | €69,875 | €17.8m | ▲ 25,384% |
| Financial charges65/66B | - | - | - | €399,641 | - |
| Recurring financial charges65 | €12,602 | €1,347 | €791,425 | €262,271 | ▼ 66.9% |
| Non-recurring financial charges66B | - | - | - | €137,370 | - |
| Profit (loss) for the period before taxes9903 | €389,738 | €209,098 | -€755,241 | €17.4m | ▲ 2,409% |
| Income taxes67/77 | €6,508 | €4,686 | €2,391 | €1.5m | ▲ 61,829% |
| Profit (loss) for the period9904 | €383,230 | €204,412 | -€757,632 | €16.0m | ▲ 2,206% |
| Profit (loss) for the period to be appropriated9905 | €383,230 | €204,412 | -€757,632 | €16.0m | ▲ 2,206% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8.1m | €8.3m | €7.5m | €23.5m | ▲ 213% |
| Fixed assets21/28 | €7.5m | €7.7m | €6.7m | €9.7m | ▲ 45.5% |
| Tangible fixed assets22/27 | €689 | €344 | - | - | - |
| Financial fixed assets28 | €7.5m | €7.7m | €6.7m | €9.7m | ▲ 45.5% |
| Current assets29/58 | €658,526 | €600,214 | €855,742 | €13.8m | ▲ 1,517% |
| Amounts receivable within one year40/41 | €654,355 | €597,208 | €742,963 | €789,653 | ▲ 6.3% |
| Trade receivables40 | - | - | - | €767 | - |
| Other amounts receivable41 | - | - | - | €788,886 | - |
| Current investments50/53 | €646 | €1,109 | €1,108 | €4.9m | ▲ 441,065% |
| Cash at bank and in hand54/58 | €1,897 | €265 | €110,382 | €8.2m | ▲ 7,289% |
| Deferred charges and accrued income490/1 | - | - | - | €42 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8.1m | €8.3m | €7.5m | €23.5m | ▲ 213% |
| Equity10/15 | €7.7m | €7.9m | €7.1m | €23.1m | ▲ 224% |
| Contributions10/11 | €550,894 | €550,894 | €550,894 | €1.2m | ▲ 115% |
| Capital10 | - | - | - | €550,894 | - |
| Issued capital100 | - | - | - | €550,894 | - |
| Outside capital11 | - | - | - | €633,727 | - |
| Share premium1100/10 | - | - | - | €633,727 | - |
| Reserves13 | €55,089 | €55,089 | €55,089 | €14.3m | ▲ 25,867% |
| Non-distributable reserves130/1 | - | - | - | €55,089 | - |
| Legal reserve130 | - | - | - | €55,089 | - |
| Distributable reserves133 | - | - | - | €14.3m | - |
| Profit (loss) carried forward14 | €6.4m | €6.6m | €5.9m | €7.6m | ▲ 29.0% |
| Amounts payable17/49 | €461,414 | €398,686 | €406,645 | €464,115 | ▲ 14.1% |
| Amounts payable within one year42/48 | €461,375 | €398,660 | €406,620 | €464,086 | ▲ 14.1% |
| Trade debts44 | €84,933 | €102,683 | €88,961 | €29,032 | ▼ 67.4% |
| Suppliers440/4 | - | - | - | €29,032 | - |
| Taxes, remuneration and social security45 | - | - | - | €28,949 | - |
| Taxes450/3 | - | - | - | €28,949 | - |
| Other amounts payable47/48 | - | - | - | €406,105 | - |
| Accrued charges and deferred income492/3 | - | - | - | €29 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €383,230 | €204,412 | -€757,632 | €16.0m | ▲ 2,206% |
| + Depreciation and write-downs630 | €666 | €344 | €344 | - | - |
| Operating cash flow (approximation) | €383,896 | €204,756 | -€757,287 | €16.0m | ▲ 2,207% |
| Investment in fixed assets (approximation) | - | -€200,340 | €1.0m | -€3.0m | ▼ 402% |
| Change in cash | - | -€1,632 | €110,117 | €8.0m | ▲ 7,206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €16.0m
Net result €16.0m after one loss-making year.
31-12
Financial
Liquidity times 14current ratio 29.81
Current ratio from 2.10 to 29.81.
31-12
Financial
Equity above €10mEq €23.1m ▲224%
Equity rises from €7.1m to €23.1m.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€757,632
Net result drops to -€757,632, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 17 days late
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
6 holdings · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 6
-
100%
-
40%
-
32.2%
-
25.17%
-
10%
-
1.35%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Two4Two 100%2 subsidiaries
THE MEDIA GROUP 100%1 subsidiary
- LA CENSE 100%
According to the 2021 annual accounts of MEDIADREAMS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600XLLU19H7N5XN61