NUTRINOMICS
Open bankruptcyFinancials · financial year 2022, full format
Annual accounts 2022 filed on 23-05-2023 PDF all 3 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€162,958▼ 77.2%
2021 · -€91,941
Working capital
€357,027▲ 464%
2021 · €63,286
Multi-year overview
2020 to 2022, 3 financial yearsOperating result
-€165,486
▼ 63.4%
2022
20202022
Net result
-€162,958
▼ 77.2%
2022
lowest quarter of the sector
20202022
Equity
€272,060
▲ 97.2%
2022
middle half of the sector
20202022
Total assets
€548,276
▲ 164%
2022
middle half of the sector
20202022
Debt
€276,216
▲ 295%
2022
20202022
Working capital
€357,027
▲ 464%
2022
highest quarter of the sector
20202022
Solvency
49.6%
▼ 16.7pp
2022
middle half of the sector
20202022
Current ratio
14.62
▲ 12.71
2022
highest quarter of the sector
20202022
Return on assets (ROA)
-29.7%
▲ 14.5pp
2022
lowest quarter of the sector
20202022
Staff (FTE)
1.5
▲ 114%
2022
middle half of the sector
20202022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022
Operating result-€26,738--€101,255▼ 279%-€165,486▼ 63.4%
Net result-€24,146below the sector's middle half--€91,941below the sector's middle half▼ 281%-€162,958below the sector's middle half▼ 77.2%
Equity€207,856within the sector's middle half-€137,996within the sector's middle half▼ 33.6%€272,060within the sector's middle half▲ 97.2%
Total assets€226,681within the sector's middle half-€207,961within the sector's middle half▼ 8.3%€548,276within the sector's middle half▲ 164%
Debt€18,825-€69,965▲ 272%€276,216▲ 295%
Working capital€172,410within the sector's middle half-€63,286within the sector's middle half▼ 63.3%€357,027above the sector's middle half▲ 464%
Solvency91.7%above the sector's middle half-66.4%within the sector's middle half▼ 25.3pp49.6%within the sector's middle half▼ 16.7pp
Current ratio10.81above the sector's middle half-1.90within the sector's middle half▼ 8.9114.62above the sector's middle half▲ 12.71
Return on assets (ROA)-10.7%below the sector's middle half--44.2%below the sector's middle half▼ 33.6pp-29.7%below the sector's middle half▲ 14.5pp
Staff (FTE)0.4below the sector's middle half-0.7below the sector's middle half▲ 75.0%1.5within the sector's middle half▲ 114%
above
within
below
The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2022 is a loss of €165,486, larger than the loss of €101,255 in 2021. It is the lowest result since 2020.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €546,950
Fixed assets
€163,707 ▲ 125%
Current assets
€383,243 ▲ 188%
Equity and liabilities €548,276
Equity
€272,060 ▲ 97.2%
Debt
€276,216 ▲ 295%
Debt's share of the balance-sheet total rises from 33.6% to 50.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€137,624▼
2021 · -€89,271
Cash flow
-€135,096▼
2021 · -€79,957
Debt to equity
1.02▲
2021 · 0.51
ROE
-59.9%▲
2021 · -66.6%
Interest coverage
-13.60▲
2021 · -1062.75
Debt ≤ 1 year
€26,216▼
2021 · €69,965
Debt > 1 year
€250,000
Staff costs
€52,317▲
2021 · €16,731
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 1 |
| full-time | 2 | - |
| part-time | - | 1 |
| in full-time equivalents | 2 | 0.8 |
| Average over the year, in full-time equivalents | 0.7 | 1.5 |
| On a permanent contract | 1 | 1 |
| Joined | 4 | 3 |
| Left | 4 | 4 |
| Training hours | 220 | 638 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Intangible fixed assets | €51,021 | €118,184 |
| Depreciation and write-downs of the year | €11,984 | €27,862 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Subsidies and aid
European Union, budget
2023 · 2 entries · €324,499 in totalProjects
ONCODIR - ONCODIR EVIDENCE-BASED PARTICIPATORY DECISION MAKING FOR CANCER PREVENTION THROUGH IMPLEMENTATION RESEARCH
European research
1 project · €211,250 EU contributionProgrammes
Projects
ONCODIR – Evidence-based Participatory Decision Making for Cancer Prevention through implementation research
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €16,731 | €52,317 | ▲ 213% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,515 | €11,984 | €27,862 | ▲ 132% |
| Gross operating margin9900 | -€14,092 | -€72,540 | -€85,307 | ▼ 17.6% |
| Operating profit (loss)9901 | -€26,738 | -€101,255 | -€165,486 | ▼ 63.4% |
| Financial income75/76B | - | €9,398 | €12,649 | ▲ 34.6% |
| Recurring financial income75 | €2,672 | €9,398 | €12,649 | ▲ 34.6% |
| Financial charges65/66B | - | €84 | €10,121 | ▲ 120× |
| Recurring financial charges65 | €80 | €84 | €10,121 | ▲ 120× |
| Profit (loss) for the period before taxes9903 | -€24,146 | -€91,941 | -€162,958 | ▼ 77.2% |
| Profit (loss) for the period9904 | -€24,146 | -€91,941 | -€162,958 | ▼ 77.2% |
| Profit (loss) for the period to be appropriated9905 | -€24,146 | -€91,941 | -€162,958 | ▼ 77.2% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €226,681 | €207,961 | €548,276 | ▲ 164% |
| Formation expenses20 | €2,399 | €1,862 | €1,326 | ▼ 28.8% |
| Fixed assets21/28 | €34,297 | €72,848 | €163,707 | ▲ 125% |
| Intangible fixed assets21 | €33,275 | €72,848 | €163,707 | ▲ 125% |
| Financial fixed assets28 | €1,022 | - | - | - |
| Current assets29/58 | €189,985 | €133,251 | €383,243 | ▲ 188% |
| Amounts receivable within one year40/41 | - | €74,608 | €4,087 | ▼ 94.5% |
| Trade receivables40 | - | €73,025 | €26 | ▼ 100.0% |
| Other amounts receivable41 | - | €1,583 | €4,061 | ▲ 157% |
| Cash at bank and in hand54/58 | €189,985 | €58,407 | €379,156 | ▲ 549% |
| Deferred charges and accrued income490/1 | - | €236 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €226,681 | €207,961 | €548,276 | ▲ 164% |
| Equity10/15 | €207,856 | €137,996 | €272,060 | ▲ 97.2% |
| Contributions10/11 | - | €203,216 | €512,821 | ▲ 152% |
| Profit (loss) carried forward14 | -€24,146 | -€116,087 | -€279,045 | ▼ 140% |
| Investment grants15 | - | €50,867 | €38,284 | ▼ 24.7% |
| Amounts payable17/49 | €18,825 | €69,965 | €276,216 | ▲ 295% |
| Amounts payable after more than one year17 | - | - | €250,000 | - |
| Financial debts170/4 | - | - | €250,000 | - |
| Amounts payable within one year42/48 | €17,575 | €69,965 | €26,216 | ▼ 62.5% |
| Trade debts44 | €14,773 | €65,673 | €21,121 | ▼ 67.8% |
| Suppliers440/4 | - | €65,673 | €21,121 | ▼ 67.8% |
| Taxes, remuneration and social security45 | - | €3,010 | €3,721 | ▲ 23.6% |
| Taxes450/3 | - | €138 | €224 | ▲ 62.3% |
| Remuneration and social security454/9 | - | €2,872 | €3,497 | ▲ 21.8% |
| Other amounts payable47/48 | - | €1,282 | €1,374 | ▲ 7.2% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,146 | -€91,941 | -€162,958 | ▼ 77.2% |
| + Depreciation and write-downs630 | €1,515 | €11,984 | €27,862 | ▲ 132% |
| Operating cash flow (approximation) | -€22,631 | -€79,957 | -€135,096 | ▼ 69.0% |
| Investment in fixed assets (approximation) | - | -€50,535 | -€118,721 | ▼ 135% |
| Change in cash | - | -€131,578 | €320,749 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.