Minpack
Annual accounts 2023
micro format, filed on 02-08-2024, 2 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €168,789 on 31-12-2023in euro
Position in the sector
-84.5%
Higher than 9% of 14,736 companies in 2023.
0.21
Higher than 5% of 14,107 companies in 2023.
-96.7%
Lower than 95% of 14,298 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
168,789 | 243,047 | |
21/28 |
102,283 | 99,433 | |
22/27 |
102,283 | 99,433 | |
22 |
11,873 | 12,498 | |
23 |
65,308 | 59,042 | |
24 |
25,102 | 27,892 | |
29/58 |
66,506 | 143,614 | |
3 |
37,257 | 90,245 | |
30/36 |
37,257 | 22,561 | |
37 |
- | 67,683 | |
40/41 |
29,248 | 53,370 | |
40 |
29,248 | 53,370 | |
| Balance sheet: equity and liabilities | |||
10/49 |
168,789 | 243,047 | |
10/15 |
-142,707 | 20,567 | |
10/11 |
15,000 | 15,000 | |
13 |
5,567 | 5,567 | |
133 |
5,567 | 5,567 | |
14 |
-163,274 | - | |
17/49 |
311,496 | 222,480 | |
42/48 |
311,496 | 222,480 | |
43 |
14,111 | 14,368 | |
430/8 |
14,111 | 14,368 | |
44 |
- | 125 | |
440/4 |
- | 125 | |
45 |
43,526 | 20,022 | |
450/3 |
43,526 | 20,022 | |
47/48 |
253,859 | 187,965 | |
| Income statement | |||
76A |
- | 900 | |
9900 |
-148,647 | 13,572 | |
630 |
10,029 | 2,955 | |
640/8 |
2,277 | 971 | |
9901 |
-160,954 | 9,645 | |
75/76B |
- | 3 | |
75 |
- | 3 | |
65/66B |
2,226 | 1,998 | |
65 |
2,226 | 1,998 | |
9903 |
-163,180 | 7,650 | |
67/77 |
94 | 2,084 | |
9904 |
-163,274 | 5,567 | |
9905 |
-163,274 | 5,567 | |
| Appropriation of the result | |||
9906 |
-163,274 | 5,567 | |
691/2 |
- | 5,567 | |
6921 |
- | 5,567 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 02-08-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 2 days after the deadline. Filed on 2 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00325779.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| -150,924 | 12,601 | ||
| -153,245 | 8,522 | ||
| 12,880 | 102,388 | ||
| -244,991 | -78,866 | ||
| -84.5% | 8.5% | ||
| 0.21 | 0.65 | ||
| 0.09 | 0.24 | ||
| - | 10.82 | ||
| - | 27.1% | ||
| -96.7% | 2.3% | ||
| -67.79 | 6.31 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2023 | 2022 |
|---|---|---|
| Tangible fixed assets | €12,880 | €102,388 |
| €10,029 | €2,955 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Insights on Minpack
The operating result for 2023 is a loss of €160,954, after a profit of €9,645 in 2022.
Equity is negative. Debt (€311,496) exceeds the balance-sheet total (€168,789).