MELANE - B
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-03-2023, 140 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
140 d early
2021
65 d early
2020
20 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 21 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 2022, abbreviated schema
Equity
€297,043▲ 25.4%
2021 · €236,884
Total assets
€454,920▲ 9.2%
2021 · €416,413
Net result
€61,759▲ 105%
2021 · €30,066
Working capital
-€63,093▲ 44.6%
2021 · -€113,923
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
Line20182019202020212022
Operating result€22,471-€35,688▲ 58.8%€33,944▼ 4.9%€48,369▲ 42.5%€91,028▲ 88.2%
Net result€12,492-€23,310▲ 86.6%€16,881▼ 27.6%€30,066▲ 78.1%€61,759▲ 105%
Equity€169,827-€193,137▲ 13.7%€208,418▲ 7.9%€236,884▲ 13.7%€297,043▲ 25.4%
Total assets€406,293-€395,175▼ 2.7%€390,129▼ 1.3%€416,413▲ 6.7%€454,920▲ 9.2%
Debt€236,466-€202,037▼ 14.6%€181,711▼ 10.1%€179,529▼ 1.2%€157,877▼ 12.1%
Working capital-€171,878--€157,476▲ 8.4%-€127,579▲ 19.0%-€113,923▲ 10.7%-€63,093▲ 44.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 88% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €454,920
Fixed assets
€360,139 ▲ 0.3%
Current assets
€94,782 ▲ 65.6%
Equity and liabilities €454,920
Equity
€297,043 ▲ 25.4%
Debt
€157,877 ▼ 12.1%
Debt's share of the balance-sheet total falls from 43.1% to 34.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93,525▲
2021 · €50,735
Cash flow
€64,256▲
2021 · €32,432
Current ratio
0.60▲
2021 · 0.33
Debt to equity
0.53▼
2021 · 0.76
ROE
20.8%▲
2021 · 12.7%
ROA
13.6%▲
2021 · 7.2%
Interest coverage
32.40▲
2021 · 13.73
Debt ≤ 1 year
€157,875▼
2021 · €171,159
Income taxes
€26,404▲
2021 · €14,608
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,116 | €17,470 | €17,251 | €2,367 | €2,497 | ▲ 5.5% |
| Other operating charges640/8 | - | - | - | €1,314 | €568 | ▼ 56.8% |
| Gross operating margin9900 | €39,767 | €54,409 | €53,041 | €52,049 | €94,093 | ▲ 80.8% |
| Operating profit (loss)9901 | €22,471 | €35,688 | €33,944 | €48,369 | €91,028 | ▲ 88.2% |
| Financial income75/76B | - | - | - | - | €21 | - |
| Recurring financial income75 | €27 | €0 | - | - | €21 | - |
| Financial charges65/66B | - | - | - | €3,694 | €2,886 | ▼ 21.9% |
| Recurring financial charges65 | €1,751 | €1,136 | €7,852 | €3,694 | €2,886 | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | €20,746 | €34,552 | €26,092 | €44,674 | €88,163 | ▲ 97.3% |
| Income taxes67/77 | €8,255 | €11,242 | €9,211 | €14,608 | €26,404 | ▲ 80.7% |
| Profit (loss) for the period9904 | €12,492 | €23,310 | €16,881 | €30,066 | €61,759 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €12,492 | €23,310 | €16,881 | €30,066 | €61,759 | ▲ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €406,293 | €395,175 | €390,129 | €416,413 | €454,920 | ▲ 9.2% |
| Fixed assets21/28 | €385,417 | €373,758 | €356,506 | €359,177 | €360,139 | ▲ 0.3% |
| Tangible fixed assets22/27 | €128,228 | €116,568 | €99,317 | €101,988 | €102,949 | ▲ 0.9% |
| Land and buildings22 | - | - | - | €95,875 | €95,875 | = |
| Plant, machinery and equipment23 | - | - | - | €1,405 | €2,998 | ▲ 113% |
| Furniture and vehicles24 | - | - | - | €4,708 | €4,077 | ▼ 13.4% |
| Financial fixed assets28 | €257,190 | €257,190 | €257,190 | €257,190 | €257,190 | = |
| Current assets29/58 | €20,876 | €21,417 | €33,623 | €57,236 | €94,782 | ▲ 65.6% |
| Amounts receivable within one year40/41 | €10,592 | €11,903 | €15,869 | €19,243 | €31,193 | ▲ 62.1% |
| Trade receivables40 | - | - | - | €19,243 | €31,190 | ▲ 62.1% |
| Other amounts receivable41 | - | - | - | - | €4 | - |
| Cash at bank and in hand54/58 | €6,353 | €6,185 | €14,302 | €37,285 | €60,475 | ▲ 62.2% |
| Deferred charges and accrued income490/1 | - | - | - | €707 | €3,114 | ▲ 340% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €406,293 | €395,175 | €390,129 | €416,413 | €454,920 | ▲ 9.2% |
| Equity10/15 | €169,827 | €193,137 | €208,418 | €236,884 | €297,043 | ▲ 25.4% |
| Contributions10/11 | €18,750 | €18,750 | - | €18,750 | €18,750 | = |
| Reserves13 | €151,077 | €174,387 | €189,668 | €218,134 | €278,293 | ▲ 27.6% |
| Non-distributable reserves130/1 | - | - | - | €1,875 | €1,875 | = |
| Reserves not available under the articles1311 | - | - | - | €1,875 | €1,875 | = |
| Distributable reserves133 | - | - | - | €216,259 | €276,418 | ▲ 27.8% |
| Amounts payable17/49 | €236,466 | €202,037 | €181,711 | €179,529 | €157,877 | ▼ 12.1% |
| Amounts payable after more than one year17 | €43,712 | €23,144 | €20,509 | €8,370 | - | - |
| Financial debts170/4 | - | - | - | €8,370 | - | - |
| Amounts payable within one year42/48 | €192,754 | €178,893 | €161,202 | €171,159 | €157,875 | ▼ 7.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,306 | €8,370 | ▼ 26.0% |
| Financial debts43 | - | - | - | €5,355 | €3,360 | ▼ 37.3% |
| Credit institutions430/8 | - | - | - | €5,355 | €3,360 | ▼ 37.3% |
| Trade debts44 | €1,305 | €5,660 | €1,474 | €1,179 | €2,683 | ▲ 128% |
| Suppliers440/4 | - | - | - | €1,179 | €2,683 | ▲ 128% |
| Taxes, remuneration and social security45 | - | - | - | €13,968 | €21,455 | ▲ 53.6% |
| Taxes450/3 | - | - | - | €13,968 | €21,455 | ▲ 53.6% |
| Other amounts payable47/48 | - | - | - | €139,350 | €122,007 | ▼ 12.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,492 | €23,310 | €16,881 | €30,066 | €61,759 | ▲ 105% |
| + Depreciation and write-downs630 | €16,116 | €17,470 | €17,251 | €2,367 | €2,497 | ▲ 5.5% |
| Operating cash flow (approximation) | €28,607 | €40,781 | €34,132 | €32,432 | €64,256 | ▲ 98.1% |
| Investment in fixed assets (approximation) | - | -€5,810 | €0 | -€5,037 | -€3,458 | ▲ 31.4% |
| Change in cash | - | -€168 | €8,117 | €22,983 | €23,190 | ▲ 0.9% |
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
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €61,759 ▲105%
Operating result €91,028, net result €61,759, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
31-12
Financial
Equity above €200,000Eq €208,418 ▲7.9%
3 profitable years in a row build equity to €208,418.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 59 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2022 annual accounts of MELANE - B 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.