PELLETS.BE
InactiveFinancials · financial year 2023, abbreviated format
Equity
€995,937▼ 0.3%
2022 · €999,326
Total assets
€1.5m▼ 1.4%
2022 · €1.5m
Net result
-€3,389▲ 7.1%
2022 · -€3,648
Working capital
-€524,063▼ 0.7%
2022 · -€520,674
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €3,229 in 2023 against €3,579 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.003m
2023
Net result-€0.003m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.5m
2023
Equity€1.0m
2023
Debt€0.5m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.5m
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€0.002m--€0.002m▼ 17.6%-€0.002m▼ 31.4%-€0.002m▲ 29.5%-€0.004m▼ 115%-€0.003m▲ 9.8%
Net result-€0.02m--€0.002m▲ 86.7%-€0.002m▼ 8.6%-€0.002m▲ 28.9%-€0.004m▼ 112%-€0.003m▲ 7.1%
Equity€1.0m-€1.0m▼ 0.2%€1.0m▼ 0.2%€1.0m▼ 0.2%€1.0m▼ 0.4%€1.0m▼ 0.3%
Total assets€1.5m-€1.5m▲ 0.2%€1.5m▼ 0.4%€1.5m▲ 0.1%€1.5m▲ 0.1%€1.5m▼ 1.4%
Debt€0.5m-€0.5m▲ 0.9%€0.5m▼ 0.8%€0.5m▲ 0.6%€0.5m▲ 0.9%€0.5m▼ 3.2%
Working capital-€0.5m--€0.5m▼ 0.4%-€0.5m▼ 0.5%-€0.5m▼ 0.3%-€0.5m▼ 0.7%-€0.5m▼ 0.7%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m =
Current assets
€3,155 ▼ 86.9%
Equity and liabilities €1.5m
Equity
€995,937 ▼ 0.3%
Debt
€527,218 ▼ 3.2%
Debt's share of the balance-sheet total falls from 35.3% to 34.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.01▼
2022 · 0.04
Debt to equity
0.53▼
2022 · 0.55
ROE
-0.3%▲
2022 · -0.4%
ROA
-0.2%▲
2022 · -0.2%
Debt ≤ 1 year
€527,218▼
2022 · €544,768
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 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €930 | €1,056 | €1,093 | ▲ 3.5% |
| Gross operating margin9900 | -€543 | -€866 | -€1,363 | -€736 | -€2,522 | -€2,136 | ▲ 15.3% |
| Operating profit (loss)9901 | -€1,528 | -€1,796 | -€2,361 | -€1,666 | -€3,579 | -€3,229 | ▲ 9.8% |
| Financial income75/76B | - | - | - | €10 | - | - | - |
| Recurring financial income75 | - | - | - | €10 | - | - | - |
| Financial charges65/66B | - | - | - | €67 | €69 | €160 | ▲ 132% |
| Recurring financial charges65 | €15,254 | €433 | €60 | €67 | €69 | €160 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€16,782 | -€2,229 | -€2,421 | -€1,722 | -€3,648 | -€3,389 | ▲ 7.1% |
| Profit (loss) for the period9904 | -€16,782 | -€2,229 | -€2,421 | -€1,722 | -€3,648 | -€3,389 | ▲ 7.1% |
| Profit (loss) for the period to be appropriated9905 | -€16,782 | -€2,229 | -€2,421 | -€1,722 | -€3,648 | -€3,389 | ▲ 7.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 1.4% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Current assets29/58 | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.003m | ▼ 86.9% |
| Amounts receivable within one year40/41 | - | €0.005m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.004m | €0.002m | €161 | €0.002m | €0.003m | €0.003m | ▲ 2.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 1.4% |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 0.3% |
| Contributions10/11 | €1.1m | €1.1m | - | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 3.0% |
| Amounts payable17/49 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 3.2% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 3.2% |
| Trade debts44 | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | - | - |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | - | - |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.5m | €0.5m | ▲ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,782 | -€2,229 | -€2,421 | -€1,722 | -€3,648 | -€3,389 | ▲ 7.1% |
| Operating cash flow (approximation) | -€16,782 | -€2,229 | -€2,421 | -€1,722 | -€3,648 | -€3,389 | ▲ 7.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,272 | -€1,940 | €1,580 | €1,352 | €62 | ▼ 95.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 11-09-2024 | 2024-00458830 |
| 31-12-2022 | abbreviated format | 28-08-2023 | 2023-00358767 |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20321915 |
| 31-12-2020 | abbreviated format | 28-09-2021 | 2021-68500474 |
| 31-12-2019 | abbreviated format | 02-09-2020 | 2020-50600116 |
| 31-12-2018 | abbreviated format | 04-07-2019 | 2019-28000277 |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-38200343 |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-33100213 |
| 31-12-2015 | abbreviated format | 24-08-2016 | 2016-46000517 |
| 31-12-2014 | abbreviated format | 15-09-2015 | 2015-58900286 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.