OPEL FINANCE
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 26-03-2024 was due by 26-10-2024 and was filed on 11-04-2024, 198 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
198 d early
2022
126 d late
2021
130 d late
2020
30 d late
2019
21 d early
2018
5 d early
2017
65 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€651k▼ 39.2%
2022 · €1.07M
2018: €10.51M
2019: €2.90M
2020: €1.96M
2021: €1.51M
2022: €1.07M
2018 → 2024
EBIT margin
1880.4%▲ 1704.9pp
2022 · 175.4%
2018: 15.5%
2019: 67.2%
2020: 155.2%
2021: 301.5%
2022: 175.4%
2018 → 2024
Net result
€9.40M▲ 591%
2022 · €1.36M
2018: €784k
2019: €1.08M
2020: €1.97M
2021: €3.51M
2022: €1.36M
2018 → 2024
Working capital
€1.59M▼ 49.5%
2021 · €3.15M
2018: €36.12M
2019: €31.35M
2020: €3.85M
2021: €3.15M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Turnover€2.90M-€1.96M▼ 32.4%€1.51M▼ 22.9%€1.07M▼ 28.9%€651k▼ 39.2%
Equity€14.06M-€2.39M▼ 83.0%€2.39M=€750k▼ 68.7%€10.15M▲ 1,254%
Operating result€1.95M-€3.04M▲ 56.1%€4.55M▲ 49.7%€1.88M▼ 58.6%€12.25M▲ 551%
Net result€1.08M-€1.97M▲ 82.0%€3.51M▲ 77.9%€1.36M▼ 61.2%€9.40M▲ 591%
Result per fiscal year
Operating resultNet result
The operating result is €12.25M in 2024, compared with €1.88M in 2022. Comparable figures for the intervening years are unavailable.
Key figures and ratios
EBITDA
€12.25M▲
2022 · €1.88M
Cash flow
€9.40M▲
2022 · €1.36M
Solvency
100.0%▲
2022 · 13.0%
ROE
92.6%▼
2022 · 181.5%
ROA
92.6%▲
2022 · 23.6%
Interest coverage
2577.70▲
2022 · 147.90
Income taxes
€2.84M▲
2022 · €502k
Staff costs
€426k▼
2022 · €1.41M
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 · 2024 against 2022 · 56 lines
Balance sheet
Code20222024
Assets
Total assets20/58€5.77M€10.15M▲
Fixed assets21/28€25-
Intangible fixed assets21€7-
Tangible fixed assets22/27€18-
Furniture and vehicles24€18-
Current assets29/58€5.77M€10.15M▲
Amounts receivable after more than one year29€394k-
Other amounts receivable291€394k-
Amounts receivable within one year40/41€4.73M€12k▼
Trade receivables40€1.58M-
Other amounts receivable41€3.15M€12k▼
Cash at bank and in hand54/58€289k€10.14M▲
Deferred charges and accrued income490/1€353k-
Equity and liabilities
Total equity and liabilities10/49€5.77M€10.15M▲
Equity10/15€750k€10.15M▲
Contributions10/11€750k€750k=
Reserves13-€9.40M
Distributable reserves133-€9.40M
Amounts payable17/49€5.02M-
Amounts payable within one year42/48€4.18M-
Financial debts43€2.00M-
Other loans439€2.00M-
Trade debts44€289k-
Suppliers440/4€289k-
Taxes, remuneration and social security45€498k-
Taxes450/3€183k-
Remuneration and social security454/9€315k-
Other amounts payable47/48€1.39M-
Accrued charges and deferred income492/3€841k-
Income statement
Code20222024
Operating income70/76A€5.21M€14.10M▲
Turnover70€1.07M€651k▼
Other operating income74€4.14M€6.12M▲
Non-recurring operating income76A-€7.34M
Operating charges60/66A€3.33M€1.85M▼
Services and other goods61€1.81M€1.24M▼
Remuneration, social security and pensions62€1.41M€426k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€407€14▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-413k€-24k▲
Other operating charges640/8€522k€213k▼
Non-recurring operating charges66A-€11
Operating profit (loss)9901€1.88M€12.25M▲
Financial charges65/66B€18k€6k▼
Recurring financial charges65€18k€6k▼
Debt charges650€13k€5k▼
Other financial charges652/9€5k€1k▼
Profit (loss) for the period before taxes9903€1.86M€12.24M▲
Income taxes67/77€502k€2.84M▲
Taxes670/3€502k€2.84M▲
Profit (loss) for the period9904€1.36M€9.40M▲
Profit (loss) for the period to be appropriated9905€1.36M€9.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.36M€9.40M▲
Transfer to equity691/2-€9.40M
To other reserves6921-€9.40M
Profit to be distributed694/7€1.36M-
Return on contributions (dividend)694€1.36M-
Social balance
Average headcount (FTE)908711.87.9▼
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
26-03
Financial
Highest result since 2018net €9.40M ▲591%
Operating result €12.25M, net result €9.40M, both a record.
26-03
Financial
Equity above €10MEq €10.15M ▲1254%
6 profitable years in a row build equity to €10.15M.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 126 days late
18-04
State Gazette act
Board meeting · Merger
23-02
State Gazette act
Demerger · Corporate purpose
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 130 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 65 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · unclassified schema · 16 days late
17-07
NBB filing
Annual accounts filed
fiscal year 2015 · unclassified schema · 351 days late
2015
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · unclassified schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
2 transactionsTaken over by:Stellantis Financial Services Belux
Split off to:P.S.A. FINANCE BELUX
Recognitions · licences · registrations
Legal Entity Identifier
967600IEYLBJPTBROW75