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InactiveFinancials · financial year 2021, micro format
2021 annual accounts filed 30 days after the deadline Filed on 30 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20400483.
Annual accounts 2021 filed on 30-08-2022 PDF all 10 filings
Turnover
≈ €170,000
Estimated: probably between €110,000 and €300,000
Total assets
€5,830▼ 87.6%
2020 · €46,972
Net result
€56,388▲ 67.1%
2020 · €33,736
Working capital
€766
2020 · -€36,265
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result for 2021 is 62% higher than in 2020 and the highest since 2018. It is the third rise in a row.
Operating result€57,168
2021
Net result€56,388
2021
Total assets€5,830
2021
Equity€766
2021
Debt€5,064
2021
Working capital€766
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€35,961--€14,929▲ 58.5%€35,216€57,168▲ 62.3%
Net result-€35,666--€15,112▲ 57.6%€33,736€56,388▲ 67.1%
Equity-€74,246--€89,358▼ 20.4%-€55,622▲ 37.8%€766
Total assets€5,303-€5,110▼ 3.6%€46,972▲ 819%€5,830▼ 87.6%
Debt€79,549-€94,468▲ 18.8%€102,594▲ 8.6%€5,064▼ 95.1%
Working capital-€74,246--€89,358▼ 20.4%-€36,265▲ 59.4%€766
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €5,830
Equity
€766
Debt
€5,064
Debt's share of the balance-sheet total is 86.9%.
Key figures and ratios
Current ratio
1.15▲
2020 · 0.56
ROA
967.3%▲
2020 · 71.8%
Debt ≤ 1 year
€5,064▼
2020 · €83,237
Income taxes
€485▲
2020 · €337
The equity ratios are withheld because equity of €766 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €273 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €120 | - |
| Gross operating margin9900 | -€11,889 | -€14,697 | €35,335 | €57,288 | ▲ 62.1% |
| Operating profit (loss)9901 | -€35,961 | -€14,929 | €35,216 | €57,168 | ▲ 62.3% |
| Recurring financial income75 | €693 | - | €5 | - | - |
| Financial charges65/66B | - | - | - | €295 | - |
| Recurring financial charges65 | €398 | €183 | €1,149 | €295 | ▼ 74.3% |
| Profit (loss) for the period before taxes9903 | -€35,666 | -€15,112 | €34,072 | €56,873 | ▲ 66.9% |
| Income taxes67/77 | - | - | €337 | €485 | ▲ 44.1% |
| Profit (loss) for the period9904 | -€35,666 | -€15,112 | €33,736 | €56,388 | ▲ 67.1% |
| Profit (loss) for the period to be appropriated9905 | -€35,666 | -€15,112 | €33,736 | €56,388 | ▲ 67.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5,303 | €5,110 | €46,972 | €5,830 | ▼ 87.6% |
| Current assets29/58 | €5,303 | €5,110 | €46,972 | €5,830 | ▼ 87.6% |
| Amounts receivable within one year40/41 | €5,034 | €3,136 | €46,308 | €44 | ▼ 99.9% |
| Other amounts receivable41 | - | - | - | €44 | - |
| Cash at bank and in hand54/58 | €268 | €1,974 | €664 | €5,786 | ▲ 772% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5,303 | €5,110 | €46,972 | €5,830 | ▼ 87.6% |
| Equity10/15 | -€74,246 | -€89,358 | -€55,622 | €766 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €11,860 | €11,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€104,706 | -€119,818 | -€76,082 | -€19,694 | ▲ 74.1% |
| Amounts payable17/49 | €79,549 | €94,468 | €102,594 | €5,064 | ▼ 95.1% |
| Amounts payable after more than one year17 | - | - | €18,600 | - | - |
| Amounts payable within one year42/48 | €79,549 | €94,468 | €83,237 | €5,064 | ▼ 93.9% |
| Trade debts44 | €993 | €953 | €849 | €720 | ▼ 15.2% |
| Suppliers440/4 | - | - | - | €720 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,601 | - |
| Taxes450/3 | - | - | - | €3,601 | - |
| Other amounts payable47/48 | - | - | - | €743 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,666 | -€15,112 | €33,736 | €56,388 | ▲ 67.1% |
| + Depreciation and write-downs630 | €273 | - | - | - | - |
| Operating cash flow (approximation) | -€35,393 | -€15,112 | €33,736 | €56,388 | ▲ 67.1% |
| Change in cash | - | €1,706 | -€1,311 | €5,122 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 30-08-2022 | 2022-20400483 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-59200155 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-49100127 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-61200009 | |
| 31-12-2017 | abbreviated format | 05-08-2019 | 2019-44800112 | |
| 31-12-2016 | micro format | 23-08-2017 | 2017-46800464 | |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-64500441 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-56000494 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-53400569 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-56500362 |