Nelectrics
Open bankruptcyFinancials · financial year 2021, micro format
2021 annual accounts filed late (127 days) Filed on 5 December 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20531548.
Turnover
≈ €120,000
Estimated: probably between €83,000 and €180,000
Total assets
€59,533
Net result
€18,750
Working capital
€48,009
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €59,533
Fixed assets
€2,592
Current assets
€56,941
Equity and liabilities €59,533
Equity
€50,601
Debt
€8,932
Debt finances 15.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€24,493
Cash flow
€19,356
Current ratio
6.37
Debt to equity
0.18
ROE
37.1%
ROA
31.5%
Interest coverage
95.68
Debt ≤ 1 year
€8,932
Income taxes
€4,881
Annual accounts
| Line | 2021 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €606 |
| Other operating charges640/8 | €965 |
| Gross operating margin9900 | €25,458 |
| Operating profit (loss)9901 | €23,887 |
| Financial charges65/66B | €256 |
| Recurring financial charges65 | €256 |
| Profit (loss) for the period before taxes9903 | €23,631 |
| Income taxes67/77 | €4,881 |
| Profit (loss) for the period9904 | €18,750 |
| Profit (loss) for the period to be appropriated9905 | €18,750 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €59,533 | |
| Fixed assets21/28 | €2,592 | |
| Tangible fixed assets22/27 | €2,492 | |
| Plant, machinery and equipment23 | €623 | |
| Furniture and vehicles24 | €1,869 | |
| Financial fixed assets28 | €100 | |
| Current assets29/58 | €56,941 | |
| Amounts receivable within one year40/41 | €48,821 | |
| Trade receivables40 | €9,812 | |
| Other amounts receivable41 | €39,009 | |
| Cash at bank and in hand54/58 | €7,505 | |
| Deferred charges and accrued income490/1 | €615 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €59,533 | |
| Equity10/15 | €50,601 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €48,601 | |
| Amounts payable17/49 | €8,932 | |
| Amounts payable within one year42/48 | €8,932 | |
| Trade debts44 | €2,322 | |
| Suppliers440/4 | €2,322 | |
| Taxes, remuneration and social security45 | €6,610 | |
| Taxes450/3 | €6,610 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €18,750 |
| + Depreciation and write-downs630 | €606 |
| Operating cash flow (approximation) | €19,356 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 05-12-2022 | 2022-20531548 |
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Subsidies and aid
Flemish government
2024 · 1 entry · €42 awarded · €42 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.