MM SOLUTION
Annual accounts 2021
micro format, filed on 31-08-2022, 31 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €73,000 and €380,000.
Balance sheet
balance sheet total €144,805 on 31-12-2021in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
144,805 | 59,625 | 68,592 | 61,678 | 9,424 | 6,982 | 43,604 | |
21/28 |
3,168 | 21,894 | 44,280 | 43,022 | - | - | - | |
21 |
738 | 738 | 12,606 | - | - | - | - | |
22/27 |
2,430 | 21,156 | 31,674 | 43,022 | - | - | - | |
24 |
2,430 | 21,156 | 31,674 | 43,022 | - | - | - | |
29/58 |
141,637 | 37,731 | 24,312 | 18,656 | 9,424 | 6,982 | 43,604 | |
3 |
125,232 | - | - | - | - | - | - | |
30/36 |
125,232 | - | - | - | - | - | - | |
40/41 |
16,271 | 37,731 | 24,312 | 18,527 | 9,424 | 6,833 | 43,604 | |
40 |
12,928 | 3,400 | 950 | - | 1,120 | - | 30,852 | |
41 |
3,343 | 34,331 | 23,362 | 18,527 | 8,304 | 6,833 | 12,752 | |
54/58 |
134 | - | - | 129 | - | 149 | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
144,805 | 59,625 | 68,592 | 61,678 | 9,424 | 6,982 | 43,604 | |
10/15 |
-5,173 | -24,245 | -16,585 | 45,151 | 2,055 | -25,170 | 16,305 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
14 |
-23,773 | -42,845 | -35,185 | 26,551 | -16,545 | -43,770 | -2,295 | |
17/49 |
149,978 | 83,870 | 85,177 | 16,527 | 7,369 | 32,152 | 27,299 | |
17 |
44,328 | 44,027 | - | - | - | - | - | |
170/4 |
44,328 | 44,027 | - | - | - | - | - | |
42/48 |
105,650 | 39,843 | 85,177 | 16,527 | 7,369 | 32,152 | 27,299 | |
43 |
- | - | 59,519 | - | - | - | 95 | |
430/8 |
- | - | 59,519 | - | - | - | 95 | |
44 |
21,528 | 13,035 | 19,823 | 1,102 | 7,369 | 32,152 | 254 | |
440/4 |
21,528 | 13,035 | 19,823 | 1,102 | 7,369 | 32,152 | 254 | |
46 |
69,250 | - | - | - | - | - | 23,041 | |
45 |
2,197 | 9,718 | 4,385 | 15,425 | - | - | 3,909 | |
450/3 |
2,197 | 9,718 | 4,385 | - | - | - | 3,909 | |
454/9 |
- | - | - | 15,425 | - | - | - | |
47/48 |
12,675 | 17,090 | 1,450 | - | - | - | - | |
| Income statement | ||||||||
76A |
5,464 | - | - | - | - | - | - | |
9900 |
20,987 | -49,693 | -30,611 | 61,173 | 27,225 | -41,419 | -787 | |
630 |
- | 10,930 | 11,348 | 10,948 | - | - | - | |
640/8 |
1,055 | 2,974 | 3,075 | 7,788 | - | - | 1,274 | |
9901 |
19,932 | -63,597 | -45,034 | 42,437 | 27,225 | -41,419 | -2,061 | |
75/76B |
- | 67,805 | - | 729 | - | 62 | - | |
75 |
- | - | - | 729 | - | 62 | - | |
76B |
- | 67,805 | - | - | - | - | - | |
65/66B |
860 | 11,868 | 156 | 70 | - | 118 | 234 | |
65 |
860 | - | 156 | 70 | - | 118 | 234 | |
66B |
- | 11,868 | - | - | - | - | - | |
9903 |
19,072 | -7,660 | -45,190 | 43,096 | 27,225 | -41,475 | -2,295 | |
9904 |
19,072 | -7,660 | -45,190 | 43,096 | 27,225 | -41,475 | -2,295 | |
9905 |
19,072 | -7,660 | -45,190 | 43,096 | 27,225 | -41,475 | -2,295 | |
| Appropriation of the result | ||||||||
9906 |
-23,773 | -42,845 | -35,185 | 26,551 | -16,545 | -43,770 | -2,295 | |
14P |
-42,845 | - | - | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 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 2021 (PDF), filed on 31-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 31 days after the deadline. Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20393104.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 31-08-2022 | 2022-20393104 | |
| 31-12-2020 | micro format | 20-10-2021 | 2021-72400452 | |
| 31-12-2019 | micro format | 16-09-2020 | 2020-54400283 | |
| 31-12-2018 | micro format | 05-09-2019 | 2019-63200169 | |
| 31-12-2017 | micro format | 18-09-2018 | 2018-63400152 | |
| 31-12-2016 | micro format | 20-02-2018 | 2018-05200308 | |
| 31-12-2015 | abbreviated format | 09-02-2017 | 2017-04300515 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| - | -52,667 | -33,686 | 53,385 | - | - | - | ||
| - | 3,270 | -33,842 | 54,044 | - | - | - | ||
| 2,100 | 412 | 12,606 | 53,970 | - | - | - | ||
| 35,987 | -2,112 | -60,865 | 2,129 | 2,055 | -25,170 | 16,305 | ||
| -3.6% | -40.7% | -24.2% | 73.2% | 21.8% | -360.5% | 37.4% | ||
| 1.34 | 0.95 | 0.29 | 1.13 | 1.28 | 0.22 | 1.60 | ||
| 0.16 | 0.95 | 0.29 | 1.13 | 1.28 | 0.22 | 1.60 | ||
| - | - | - | 0.37 | 3.59 | - | 1.67 | ||
| - | - | - | 95.4% | - | - | -14.1% | ||
| 13.2% | -12.8% | -65.9% | 69.9% | 288.9% | -594.0% | -5.3% |
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 | 2021 |
|---|---|
| Tangible fixed assets | €2,100 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on MM SOLUTION
The operating result for 2021 is a profit of €19,932, after a loss of €63,597 in 2020. It is the highest result since 2018.
Equity is negative. Debt (€149,978) exceeds the balance-sheet total (€144,805).