Liquidity
Short-term debts rose from €39,607 to €69,024.
Short-term debts rose from €39,607 to €69,024.
The 2018 accounts came latest: 337 days after the end of the period.
On 28 November 2023 the court declared NETWORKNEEDS MG bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover 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 €72,000 and €380,000.
| Line | Trend | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
136,189 | 111,674 | 76,043 | 54,345 | |
21/28 |
23,727 | - | - | - | |
22/27 |
23,727 | - | - | - | |
23 |
1,648 | - | - | - | |
24 |
22,079 | - | - | - | |
29/58 |
112,462 | 111,674 | 76,043 | 54,345 | |
3 |
12,866 | 15,357 | 15,357 | - | |
30/36 |
12,866 | 15,357 | 15,357 | - | |
40/41 |
83,824 | 63,327 | 47,310 | 43,336 | |
40 |
31,531 | 21,635 | 20,123 | 20,750 | |
41 |
52,293 | 41,692 | 27,187 | 22,585 | |
54/58 |
15,772 | 32,989 | 13,376 | 11,010 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
136,189 | 111,674 | 76,043 | 54,345 | |
10/15 |
67,165 | 62,819 | 38,603 | 20,761 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | 18,600 | 18,600 | |
13 |
24,349 | 20,003 | 20,003 | 2,161 | |
130/1 |
1,860 | 1,860 | - | - | |
130 |
- | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | - | - | |
133 |
22,489 | 18,143 | 18,143 | 301 | |
14 |
24,216 | 24,216 | - | - | |
17/49 |
69,024 | 48,854 | 37,440 | 33,584 | |
42/48 |
69,024 | 39,607 | 37,440 | 33,584 | |
43 |
5,833 | - | - | - | |
430/8 |
5,833 | - | - | - | |
44 |
34,373 | 14,215 | 21,579 | 32,144 | |
440/4 |
34,373 | 14,215 | 21,579 | 32,144 | |
45 |
28,818 | 25,392 | 15,862 | 1,440 | |
450/3 |
28,818 | 25,392 | 15,862 | 1,440 | |
492/3 |
- | 9,248 | - | - | |
| Income statement | |||||
9900 |
20,708 | 31,690 | 28,680 | 5,914 | |
630 |
11,686 | - | - | - | |
640/8 |
2,281 | 770 | 189 | 363 | |
9901 |
6,741 | 30,920 | 28,491 | 5,551 | |
75/76B |
1,140 | 38 | 49 | 21 | |
75 |
566 | 38 | 49 | 21 | |
76B |
574 | - | - | - | |
65/66B |
585 | 436 | 28 | 1,971 | |
65 |
470 | 436 | 28 | 1,971 | |
66B |
115 | - | - | - | |
9903 |
7,296 | 30,522 | 28,512 | 3,601 | |
67/77 |
2,948 | 6,305 | 10,670 | 1,440 | |
9904 |
4,348 | 24,216 | 17,842 | 2,161 | |
9905 |
4,348 | 24,216 | 17,842 | 2,161 | |
| Appropriation of the result | |||||
9906 |
28,564 | 24,216 | 17,842 | 2,161 | |
14P |
24,216 | - | - | - | |
691/2 |
4,348 | - | 17,842 | 2,161 | |
6920 |
- | - | - | 1,860 | |
6921 |
4,348 | - | 17,842 | 301 | |
| Document | |||||
The notes to these accounts have 6 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 29-09-2022.
2021 annual accounts filed 60 days after the deadline. Filed on 29 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20444754.
| Line | Trend | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| 18,427 | - | - | - | ||
| 16,034 | - | - | - | ||
| 35,413 | - | - | - | ||
| -17,217 | 19,614 | 2,366 | - | ||
| 43,438 | 72,067 | 38,603 | 20,761 | ||
| 49.3% | 56.3% | 50.8% | 38.2% | ||
| 1.63 | 2.82 | 2.03 | 1.62 | ||
| 1.44 | 2.43 | 1.62 | 1.62 | ||
| 1.03 | 0.78 | 0.97 | 1.62 | ||
| 6.5% | 38.5% | 46.2% | 10.4% | ||
| 3.2% | 21.7% | 23.5% | 4.0% | ||
| 39.21 | - | - | - |
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.
| Item | 2021 |
|---|---|
| Tangible fixed assets | €35,413 |
| €11,686 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
The operating result for 2021 is 78% lower than in 2020 and the lowest since 2018.
Debt's share of the balance-sheet total rises from 43.7% to 50.7%. Equity and debt are higher.
NETWORKNEEDS MG has no parent and no holdings in its annual accounts. NETWORKNEEDS VOF is the only director. NETWORKNEEDS MG shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
NETWORKNEEDS MG is no longer in the KBO register.
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