MOYALE
InactiveInactive; last annual accounts for fiscal year 2021.
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 31-12-2022, 4 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
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-03-2022, 144 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
144 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€3.22M▲ 1.3%
2020 · €3.18M
2018: €2.91M
2019: €3.01M
2020: €3.18M
2018 → 2021
Total assets
€5.55M▼ 3.5%
2020 · €5.76M
2018: €5.03M
2019: €7.69M
2020: €5.76M
2018 → 2021
Net result
€457k▼ 18.6%
2020 · €561k
2018: €182k
2019: €199k
2020: €561k
2018 → 2021
Working capital
€-797k▲ 2.6%
2020 · €-818k
2018: €-475k
2019: €-1.59M
2020: €-818k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€2.91M-€3.01M▲ 3.4%€3.18M▲ 5.9%€3.22M▲ 1.3%
Operating result€248k-€292k▲ 18.0%€794k▲ 172%€528k▼ 33.5%
Net result€182k-€199k▲ 9.7%€561k▲ 181%€457k▼ 18.6%
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 2021; 2021 is 33% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.55M
Fixed assets
€5.46M ▼ 4.7%
Current assets
€95k ▲ 242%
Equity and liabilities €5.55M
Equity
€3.22M ▲ 1.3%
Debt
€2.33M ▼ 9.5%
Debt's share of the balance-sheet total falls from 44.7% to 41.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€811k▼
2020 · €1.09M
Cash flow
€740k▼
2020 · €854k
Current ratio
0.11▲
2020 · 0.03
Debt to equity
0.44▼
2020 · 0.54
ROE
14.2%▼
2020 · 17.6%
ROA
8.2%▼
2020 · 9.7%
Debt ≤ 1 year
€892k▲
2020 · €846k
Debt > 1 year
€1.43M▼
2020 · €1.72M
Income taxes
€16k▼
2020 · €102k
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 · 2021 against 2020 · 24 lines
Balance sheet
Code20202021
Assets
Total assets20/58€5.76M€5.55M▼
Fixed assets21/28€5.73M€5.46M▼
Tangible fixed assets22/27€5.73M€5.46M▼
Current assets29/58€28k€95k▲
Amounts receivable within one year40/41€8k€30k▲
Cash at bank and in hand54/58€11k€25k▲
Equity and liabilities
Total equity and liabilities10/49€5.76M€5.55M▼
Equity10/15€3.18M€3.22M▲
Contributions10/11€3.15M€3.15M=
Reserves13€36k€78k▲
Profit (loss) carried forward14€401€-147k▼
Amounts payable17/49€2.57M€2.33M▼
Amounts payable after more than one year17€1.72M€1.43M▼
Amounts payable within one year42/48€846k€892k▲
Trade debts44€56k€19k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293k€283k▼
Gross operating margin9900€1.10M€819k▼
Operating profit (loss)9901€794k€528k▼
Recurring financial income75€31k€48▼
Recurring financial charges65€70k€56k▼
Profit (loss) for the period before taxes9903€663k€472k▼
Income taxes67/77€102k€16k▼
Profit (loss) for the period9904€561k€457k▼
Profit (loss) for the period to be appropriated9905€561k€457k▼
Timeline · acts, filings and financial milestones
2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-11
State Gazette act
Merger proposal · Merger
Capital · Corporate purpose
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €561k ▲181%
Operating result €794k, net result €561k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-11
State Gazette act
Merger · Capital
Corporate purpose · Board composition
19-11
State Gazette act
Merger · Capital
Corporate purpose · Board composition
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-11
State Gazette act
Incorporation · Founding capital
Corporate purpose · Founder
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2014
19-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
19-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
22-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location