PAPI
Annual accounts 2022
micro format, filed on 29-09-2023, 60 days lateMoney flows
no detail for 2022Balance sheet
balance sheet total €14,641 on 31-12-2022in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
14,641 | 13,735 | 12,273 | 4,929 | 10,282 | 8,707 | |
20 |
- | - | 226 | 453 | 679 | 906 | |
21/28 |
7,632 | 8,056 | 3,978 | 3,978 | 3,978 | 3,978 | |
22/27 |
3,554 | 3,978 | - | - | - | - | |
26 |
3,554 | 3,978 | - | - | - | - | |
28 |
4,078 | 4,078 | 3,978 | 3,978 | 3,978 | 3,978 | |
29/58 |
7,009 | 5,680 | 8,069 | 498 | 5,624 | 3,823 | |
3 |
2,600 | - | - | - | - | - | |
30/36 |
2,600 | - | - | - | - | - | |
40/41 |
2,756 | 1,476 | - | 221 | 467 | 30 | |
40 |
880 | 1,476 | - | 174 | - | - | |
41 |
1,876 | - | - | 47 | 467 | 30 | |
54/58 |
1,653 | 4,203 | 7,658 | - | 5,157 | 3,419 | |
490/1 |
- | - | 411 | 277 | - | 374 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
14,641 | 13,735 | 12,273 | 4,929 | 10,282 | 8,707 | |
10/15 |
-6,458 | -8,228 | 10,378 | 2,758 | 7,976 | 5,823 | |
10/11 |
18,600 | 18,600 | 18,600 | 11,670 | 11,670 | 10,170 | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 6,930 | 6,930 | 8,430 | |
11 |
- | 18,600 | - | - | - | - | |
1109/19 |
- | 18,600 | - | - | - | - | |
14 |
-25,058 | -26,828 | -8,222 | -8,912 | -3,694 | -4,347 | |
17/49 |
21,099 | 21,963 | 1,895 | 2,171 | 2,306 | 2,884 | |
42/48 |
21,099 | 21,963 | 1,895 | 2,171 | 2,306 | 2,884 | |
43 |
89 | - | - | 706 | 76 | 2,139 | |
430/8 |
89 | - | - | 706 | 76 | 2,139 | |
44 |
3,989 | 1,941 | 868 | 583 | 730 | 387 | |
440/4 |
3,989 | 1,941 | 868 | 583 | 730 | 387 | |
45 |
7,399 | 10,022 | 1,027 | 881 | - | 358 | |
450/3 |
5,702 | 3,148 | 1,027 | 881 | - | 358 | |
454/9 |
1,696 | 6,874 | - | - | - | - | |
47/48 |
9,622 | 10,000 | - | - | 1,500 | - | |
| Income statement | |||||||
70 |
- | - | 29,658 | 31,091 | 32,107 | 38,472 | |
76A |
- | - | 4,000 | - | 308 | - | |
9900 |
16,487 | -3,929 | -1,981 | -3,978 | 1,628 | -3,780 | |
60/61 |
- | - | 31,639 | 35,069 | 30,479 | 42,252 | |
62 |
11,737 | 11,478 | - | - | - | - | |
630 |
424 | 486 | 226 | 526 | 226 | 226 | |
640/8 |
1,796 | 2,205 | 518 | 511 | 759 | - | |
66A |
- | - | 232 | - | - | - | |
9901 |
2,531 | -18,098 | -2,958 | -5,015 | 643 | -4,007 | |
75/76B |
12 | 130 | 4,000 | - | 308 | 70 | |
75 |
12 | - | - | - | - | 70 | |
76B |
0 | 130 | 4,000 | - | 308 | - | |
65/66B |
773 | 639 | 352 | 202 | 299 | 410 | |
65 |
773 | 639 | 352 | 202 | 299 | 410 | |
9903 |
1,770 | -18,606 | 691 | -5,218 | 652 | -4,347 | |
9904 |
1,770 | -18,606 | 691 | -5,218 | 652 | -4,347 | |
9905 |
1,770 | -18,606 | 691 | -5,218 | 652 | -4,347 | |
| Appropriation of the result | |||||||
9906 |
-25,058 | -26,828 | -8,222 | -8,912 | -3,694 | -4,347 | |
14P |
-26,828 | -8,222 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 8 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 2022 (PDF), filed on 29-09-2023.
Filings
each dot is a set of accounts, on the day it reached the National Bank2022 annual accounts filed 60 days after the deadline. Filed on 29 September 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00471021.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 29-09-2023 | 2023-00471021 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20342068 | |
| 31-12-2020 | full format | 25-06-2021 | 2021-25300105 | |
| 31-12-2019 | full format | 16-06-2020 | 2020-17500261 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-41900411 | |
| 31-12-2017 | full format | 07-06-2018 | 2018-17700319 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| 2,955 | -17,612 | -2,731 | -4,489 | 869 | -3,780 | ||
| 2,193 | -18,121 | 917 | -4,691 | 879 | -4,120 | ||
| 0 | 4,337 | 226 | 300 | 226 | 3,978 | ||
| -2,550 | -3,455 | - | - | 1,738 | - | ||
| -14,090 | -16,283 | 6,174 | -1,673 | 3,318 | 940 | ||
| - | - | -10.0% | -16.1% | 2.0% | -10.4% | ||
| -44.1% | -59.9% | 84.6% | - | 77.6% | 66.9% | ||
| 0.33 | 0.26 | 4.26 | - | 2.44 | 1.33 | ||
| 0.21 | 0.26 | 4.26 | - | 2.44 | 1.33 | ||
| - | - | 0.18 | - | 0.29 | 0.50 | ||
| - | - | 6.7% | - | 8.2% | -74.6% | ||
| 12.1% | -135.5% | 5.6% | - | 6.3% | -49.9% | ||
| 3.82 | -27.56 | - | - | - | - | ||
| - | - | - | 2 days | 5 days | 0 days | ||
| - | - | 10 days | 6 days | 9 days | 3 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Overdue debts
tax and social security| Item | 2022 | 2021 |
|---|---|---|
| Overdue tax debts | - | €1,116 |
| Overdue social security (RSZ) debts | - | €2,477 |
Source: notes to the 2021 to 2022 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2022 | 2021 |
|---|---|---|
| Tangible fixed assets | - | €4,237 |
| Financial fixed assets | - | €100 |
| €424 | €486 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on PAPI
The operating result for 2022 is a profit of €2,531, after a loss of €18,098 in 2021. It is the highest result since 2017.
Equity is negative. Debt (€21,099) exceeds the balance-sheet total (€14,641).