MEGA ÖL
Open bankruptcyFinancials · financial year 2022, micro format
Equity
€22,992▲ 27.6%
2021 · €18,025
Total assets
€31,746▼ 10.8%
2021 · €35,573
Net result
€4,967
2021 · -€1,835
Working capital
€16,578▲ 30.3%
2021 · €12,726
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result returns to profit in 2022: €7,731 after a loss of €1,060 in 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€7,731
2022
Net result€4,967
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€31,746
2022
Equity€22,992
2022
Debt€8,754
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€16,578
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)15.6%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency72.4%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.89
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€1,209-€6,316€11,560▲ 83.0%-€1,060€7,731
Net result-€2,194-€4,011€10,227within the sector's middle half▲ 155%-€1,835within the sector's middle half€4,967within the sector's middle half
Equity€5,622-€9,633▲ 71.3%€19,860within the sector's middle half▲ 106%€18,025within the sector's middle half▼ 9.2%€22,992within the sector's middle half▲ 27.6%
Total assets€16,883-€19,909▲ 17.9%€31,346below the sector's middle half▲ 57.4%€35,573below the sector's middle half▲ 13.5%€31,746below the sector's middle half▼ 10.8%
Debt€11,260-€10,276▼ 8.7%€11,486▲ 11.8%€17,548▲ 52.8%€8,754▼ 50.1%
Working capital€6,719-€9,500▲ 41.4%€16,800within the sector's middle half▲ 76.8%€12,726within the sector's middle half▼ 24.3%€16,578within the sector's middle half▲ 30.3%
Solvency33.3%-48.4%▲ 15.1pp63.4%above the sector's middle half▲ 15.0pp50.7%within the sector's middle half▼ 12.7pp72.4%above the sector's middle half▲ 21.8pp
Current ratio2.40-2.57▲ 0.162.70above the sector's middle half▲ 0.131.73within the sector's middle half▼ 0.972.89above the sector's middle half▲ 1.17
Return on assets (ROA)-13.0%-20.1%▲ 33.1pp32.6%above the sector's middle half▲ 12.5pp-5.2%below the sector's middle half▼ 37.8pp15.6%above the sector's middle half▲ 20.8pp
above
within
below
the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €31,746
Fixed assets
€6,414 ▲ 21.0%
Current assets
€25,332 ▼ 16.3%
Equity and liabilities €31,746
Equity
€22,992 ▲ 27.6%
Debt
€8,754 ▼ 50.1%
Debt's share of the balance-sheet total falls from 49.3% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,126▲
2021 · €199
Cash flow
€6,361▲
2021 · -€575
Quick ratio
2.81▲
2021 · 1.68
Debt to equity
0.38▼
2021 · 0.97
ROE
21.6%▲
2021 · -10.2%
Interest coverage
16.31▲
2021 · 0.60
Debt ≤ 1 year
€8,754▼
2021 · €17,548
Income taxes
€2,252▲
2021 · €471
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,159 | €1,026 | €1,027 | €1,259 | €1,395 | ▲ 10.7% |
| Other operating charges640/8 | - | - | - | €648 | €748 | ▲ 15.3% |
| Gross operating margin9900 | €3,339 | €7,938 | €13,539 | €847 | €9,874 | ▲ 1,065% |
| Operating profit (loss)9901 | -€1,209 | €6,316 | €11,560 | -€1,060 | €7,731 | - |
| Financial income75/76B | - | - | - | €31 | €48 | ▲ 56.5% |
| Recurring financial income75 | €20 | €92 | €14 | €31 | €48 | ▲ 56.5% |
| Financial charges65/66B | - | - | - | €334 | €560 | ▲ 67.5% |
| Recurring financial charges65 | €712 | €572 | €399 | €334 | €560 | ▲ 67.5% |
| Profit (loss) for the period before taxes9903 | -€1,901 | €5,836 | €11,175 | -€1,364 | €7,219 | - |
| Income taxes67/77 | €293 | €1,825 | €948 | €471 | €2,252 | ▲ 379% |
| Profit (loss) for the period9904 | -€2,194 | €4,011 | €10,227 | -€1,835 | €4,967 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,194 | €4,011 | €10,227 | -€1,835 | €4,967 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,883 | €19,909 | €31,346 | €35,573 | €31,746 | ▼ 10.8% |
| Fixed assets21/28 | €5,372 | €4,346 | €4,660 | €5,300 | €6,414 | ▲ 21.0% |
| Tangible fixed assets22/27 | €5,372 | €4,346 | €4,660 | €5,300 | €6,414 | ▲ 21.0% |
| Plant, machinery and equipment23 | - | - | - | €4,441 | €5,300 | ▲ 19.3% |
| Furniture and vehicles24 | - | - | - | €859 | €1,114 | ▲ 29.8% |
| Current assets29/58 | €11,511 | €15,563 | €26,686 | €30,274 | €25,332 | ▼ 16.3% |
| Stocks and contracts in progress3 | €950 | €750 | €1,342 | €780 | €691 | ▼ 11.5% |
| Stocks30/36 | - | - | - | €780 | €691 | ▼ 11.5% |
| Amounts receivable within one year40/41 | €1,306 | €6,346 | €7,318 | €7,625 | €4,684 | ▼ 38.6% |
| Trade receivables40 | - | - | - | €5,232 | €4,054 | ▼ 22.5% |
| Other amounts receivable41 | - | - | - | €2,393 | €630 | ▼ 73.7% |
| Cash at bank and in hand54/58 | €7,801 | €6,983 | €16,522 | €18,096 | €16,893 | ▼ 6.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,772 | €3,065 | ▼ 18.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,883 | €19,909 | €31,346 | €35,573 | €31,746 | ▼ 10.8% |
| Equity10/15 | €5,622 | €9,633 | €19,860 | €18,025 | €22,992 | ▲ 27.6% |
| Contributions10/11 | €13,650 | €13,650 | - | €13,650 | €13,650 | = |
| Contributions outside capital11 | - | - | - | €13,650 | - | - |
| Other1109/19 | - | - | - | €13,650 | - | - |
| Reserves13 | - | - | €6,210 | €6,210 | €9,342 | ▲ 50.4% |
| Distributable reserves133 | - | - | - | €6,210 | €9,342 | ▲ 50.4% |
| Profit (loss) carried forward14 | -€8,028 | -€4,017 | -€8,028 | -€1,835 | €0 | - |
| Amounts payable17/49 | €11,260 | €10,276 | €11,486 | €17,548 | €8,754 | ▼ 50.1% |
| Amounts payable after more than one year17 | €6,468 | €4,213 | €1,601 | - | - | - |
| Amounts payable within one year42/48 | €4,792 | €6,063 | €9,885 | €17,548 | €8,754 | ▼ 50.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,376 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €502 | €502 | = |
| Credit institutions430/8 | - | - | - | €502 | €502 | = |
| Trade debts44 | €361 | €638 | €144 | €131 | €1,845 | ▲ 1,305% |
| Suppliers440/4 | - | - | - | €131 | €1,845 | ▲ 1,305% |
| Taxes, remuneration and social security45 | - | - | - | - | €752 | - |
| Taxes450/3 | - | - | - | - | €752 | - |
| Other amounts payable47/48 | - | - | - | €15,538 | €5,654 | ▼ 63.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,194 | €4,011 | €10,227 | -€1,835 | €4,967 | - |
| + Depreciation and write-downs630 | €1,159 | €1,026 | €1,027 | €1,259 | €1,395 | ▲ 10.7% |
| Operating cash flow (approximation) | -€1,036 | €5,036 | €11,254 | -€575 | €6,361 | - |
| Investment in fixed assets (approximation) | - | €0 | -€1,342 | -€1,899 | -€2,509 | ▼ 32.1% |
| Change in cash | - | -€818 | €9,539 | €1,574 | -€1,203 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 04-07-2023 | 2023-00221354 |
| 31-12-2021 | micro format | 15-06-2022 | 2022-20083603 |
| 31-12-2020 | micro format | 23-06-2021 | 2021-25000600 |
| 31-12-2019 | micro format | 24-06-2020 | 2020-20900224 |
| 31-12-2018 | micro format | 16-07-2019 | 2019-34000436 |
| 31-12-2017 | micro format | 25-06-2018 | 2018-24800175 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56700255 |
| 31-12-2015 | abbreviated format | 14-06-2016 | 2016-18900054 |
| 31-12-2014 | abbreviated format | 24-06-2015 | 2015-23000068 |
| 31-12-2013 | abbreviated format | 23-06-2014 | 2014-22900597 |
Similar companies · same sector, comparable size
RENAAT VANDEWALLE
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CAPPU MIROIR
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CREATELIER GOURMAND
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Of the 1,322 active companies whose main activity is contract catering and other food service activities (NACE 56220), figures are known for 403. 282 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.