MOORE ENGELEN
abbreviatedM-EInactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-06-2024, 34 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2023
34 d early
2022
23 d late
2021
59 d early
2020
31 d early
2019
21 d early
2018
28 d late
2017
97 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€6.19M▲ 0.9%
2022 · €6.14M
2018: €6.06M
2019: €6.08M
2020: €6.09M
2021: €6.10M
2022: €6.14M
2018 → 2023
Total assets
€7.46M▼ 1.1%
2022 · €7.55M
2018: €7.26M
2019: €6.77M
2020: €7.20M
2021: €7.24M
2022: €7.55M
2018 → 2023
Net result
€55k▼ 92.5%
2022 · €732k
2018: €539k
2019: €254k
2020: €110k
2021: €114k
2022: €732k
2018 → 2023
Working capital
€4.97M▲ 13.6%
2022 · €4.37M
2018: €1.60M
2019: €2.37M
2020: €2.98M
2021: €3.82M
2022: €4.37M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€6.08M-€6.09M▲ 0.1%€6.10M▲ 0.3%€6.14M▲ 0.5%€6.19M▲ 0.9%
Operating result€249k-€87k▼ 65.1%€107k▲ 23.3%€717k▲ 571%€66k▼ 90.8%
Net result€254k-€110k▼ 56.8%€114k▲ 3.7%€732k▲ 544%€55k▼ 92.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 91% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7.46M
Fixed assets
€1.42M ▼ 25.4%
Current assets
€6.04M ▲ 7.1%
Equity and liabilities €7.46M
Equity
€6.19M ▲ 0.9%
Debt
€1.27M ▼ 9.9%
Debt's share of the balance-sheet total falls from 18.7% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€562k▼
2022 · €1.24M
Cash flow
€551k▼
2022 · €1.26M
Current ratio
5.62▲
2022 · 4.43
Debt to equity
0.21▼
2022 · 0.23
ROE
0.9%▼
2022 · 11.9%
ROA
0.7%▼
2022 · 9.7%
Interest coverage
214.17▼
2022 · 394.11
Debt ≤ 1 year
€1.08M▼
2022 · €1.27M
Income taxes
€30k▲
2022 · €8k
Staff costs
€1.98M▲
2022 · €1.68M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 55 lines
Balance sheet
Code20222023
Assets
Total assets20/58€7.55M€7.46M▼
Fixed assets21/28€1.91M€1.42M▼
Intangible fixed assets21€1.69M€1.24M▼
Tangible fixed assets22/27€216k€184k▼
Plant, machinery and equipment23€19k€14k▼
Furniture and vehicles24€71k€60k▼
Other tangible fixed assets26€126k€109k▼
Current assets29/58€5.64M€6.04M▲
Amounts receivable after more than one year29€425k-
Trade receivables290€425k-
Amounts receivable within one year40/41€5.18M€6.03M▲
Trade receivables40€1.29M€1.31M▲
Other amounts receivable41€3.89M€4.72M▲
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€36k€12k▼
Equity and liabilities
Total equity and liabilities10/49€7.55M€7.46M▼
Equity10/15€6.14M€6.19M▲
Contributions10/11€6.00M€6.00M=
Capital10€6.00M€6.00M=
Issued capital100€6.00M€6.00M=
Reserves13€137k€192k▲
Non-distributable reserves130/1€137k€140k▲
Legal reserve130€137k€140k▲
Distributable reserves133-€52k
Amounts payable17/49€1.41M€1.27M▼
Amounts payable within one year42/48€1.27M€1.08M▼
Trade debts44€243k€371k▲
Suppliers440/4€243k€371k▲
Taxes, remuneration and social security45€330k€433k▲
Taxes450/3€95k€138k▲
Remuneration and social security454/9€234k€295k▲
Other amounts payable47/48€700k€271k▼
Accrued charges and deferred income492/3€140k€197k▲
Income statement
Code20222023
Non-recurring operating income76A€14k€4k▼
Remuneration, social security and pensions62€1.68M€1.98M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525k€496k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-207k€121k▲
Other operating charges640/8€12k€22k▲
Gross operating margin9900€2.73M€2.69M▼
Operating profit (loss)9901€717k€66k▼
Financial income75/76B€26k€22k▼
Recurring financial income75€26k€22k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€740k€86k▼
Income taxes67/77€8k€30k▲
Profit (loss) for the period9904€732k€55k▼
Profit (loss) for the period to be appropriated9905€732k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€732k€55k▼
Transfer to equity691/2€32k€55k▲
To the legal reserve6920€32k€3k▼
To other reserves6921-€52k
Profit to be distributed694/7€700k-
Directors or managers695€700k-
Social balance
Average headcount (FTE)908726.025.5▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-09
State Gazette act
General meeting · Merger
Dissolution · Accounting effect · VAN MAELE Olivier
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
24-05
State Gazette act
Merger · Accounting effect
2023
31-12
Financial
Weakest financial yearnet €55k ▼92.5%
Net result drops to €55k, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €732k ▲544%
Operating result €717k, net result €732k, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
Acquisitions and mergers
1 transactionTaken over by:MOORE FINANCE & TAX
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 4,378 EUR awarded · 5,092 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 495 EUR | 514 EUR |
| 2023 | 2 | 1,217 EUR | 3,387 EUR |
| 2022 | 2 | 2,666 EUR | 1,191 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet