POCOFIMO
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2023 was due at the National Bank by 31-01-2024. Nothing is on record, 968 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 29-03-2023, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2023
not filed
2022
57 d late
2021
9 d late
2020
1 d late
2019
7 d early
2018
22 d early
2017
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€69k▼ 57.8%
2021 · €163k
2019: €51klowest in 4 years
2020: €329k▲ +541% vs 2019highest in 4 years
2021: €163k▼ -50.3% vs 2020
2022: €69k▼ -57.8% vs 2021
2019 → 2022
Total assets
€137k▼ 47.1%
2021 · €258k
2019: €129klowest in 4 years
2020: €423k▲ +229% vs 2019highest in 4 years
2021: €258k▼ -39.0% vs 2020
2022: €137k▼ -47.1% vs 2021
2019 → 2022
Net result
€-3k▲ 96.5%
2021 · €-94k
2019: €3k
2020: €43k▲ +1291% vs 2019highest in 4 years
2021: €-94k▼ -315% vs 2020lowest in 4 years
2022: €-3k▲ +96.5% vs 2021
2019 → 2022
Working capital
€27k▼ 76.2%
2021 · €113k
2019: €93k
2020: €269k▲ +188% vs 2019highest in 4 years
2021: €113k▼ -57.9% vs 2020
2022: €27k▼ -76.2% vs 2021lowest in 4 years
2019 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€51k-€329k▲ 541%€163k▼ 50.3%€69k▼ 57.8%
2019: €51klowest in 4 years
2020: €329k▲ +541% vs 2019highest in 4 years
2021: €163k▼ -50.3% vs 2020
2022: €69k▼ -57.8% vs 2021
Operating result€5k-€-39k€-165k▼ 327%€-59k▲ 64.5%
2019: €5khighest in 4 years
2020: €-39k▼ -864% vs 2019
2021: €-165k▼ -327% vs 2020lowest in 4 years
2022: €-59k▲ +64.5% vs 2021
Net result€3k-€43k▲ 1,291%€-94k€-3k▲ 96.5%
2019: €3k
2020: €43k▲ +1291% vs 2019highest in 4 years
2021: €-94k▼ -315% vs 2020lowest in 4 years
2022: €-3k▲ +96.5% vs 2021
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59k in 2022 against €165k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €137k
Fixed assets
€42k ▼ 55.5%
Current assets
€94k ▼ 42.1%
Equity and liabilities €137k
Equity
€69k ▼ 57.8%
Debt
€68k ▼ 28.6%
Debt's share of the balance-sheet total rises from 36.8% to 49.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▲
2021 · €-115k
Cash flow
€50k▲
2021 · €-43k
Current ratio
1.40▼
2021 · 3.26
Debt to equity
0.99▲
2021 · 0.28
ROE
-4.8%▲
2021 · -57.4%
ROA
-2.4%▲
2021 · -36.3%
Interest coverage
-10.29
Debt ≤ 1 year
€68k▲
2021 · €50k
Debt > 1 year
€0▼
2021 · €45k
Income taxes
€35▼
2021 · €81
Staff costs
€36k
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 · 2022 against 2021 · 50 lines
Balance sheet
Code20212022
Assets
Total assets20/58€258k€137k▼
Formation expenses20€0-
Fixed assets21/28€95k€42k▼
Intangible fixed assets21€93k€41k▼
Tangible fixed assets22/27€2k€891▼
Plant, machinery and equipment23-€891
Financial fixed assets28€150€150=
Current assets29/58€163k€94k▼
Amounts receivable after more than one year29-€0
Other amounts receivable291-€0
Amounts receivable within one year40/41€64k€44k▼
Trade receivables40-€21k
Other amounts receivable41-€23k
Cash at bank and in hand54/58€35k€50k▲
Deferred charges and accrued income490/1-€412
Equity and liabilities
Total equity and liabilities10/49€258k€137k▼
Equity10/15€163k€69k▼
Contributions10/11-€50k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-51k€-54k▼
Investment grants15-€71k
Amounts payable17/49€95k€68k▼
Amounts payable after more than one year17€45k€0▼
Financial debts170/4-€0
Amounts payable within one year42/48€50k€68k▲
Trade debts44€50k€27k▼
Suppliers440/4-€27k
Advances received on contracts in progress46-€12k
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48-€26k
Accrued charges and deferred income492/3-€348
Income statement
Code20212022
Remuneration, social security and pensions62-€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€53k▲
Other operating charges640/8-€431
Gross operating margin9900€-79k€30k▲
Operating profit (loss)9901€-165k€-59k▲
Financial income75/76B-€56k
Recurring financial income75€72k€56k▼
Financial charges65/66B-€568
Recurring financial charges65€266€568▲
Profit (loss) for the period before taxes9903€-94k€-3k▲
Income taxes67/77€81€35▼
Profit (loss) for the period9904€-94k€-3k▲
Profit (loss) for the period to be appropriated9905€-94k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-54k
Profit (loss) brought forward from the previous period14P-€-51k
Social balance
Average headcount (FTE)9087-0.5
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €36k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €18k | €51k | €53k | ▲ 4.4% |
| Other operating charges640/8 | - | - | - | €431 | - |
| Gross operating margin9900 | €8k | €-21k | €-79k | €30k | ▲ 138% |
| Operating profit (loss)9901 | €5k | €-39k | €-165k | €-59k | ▲ 64.5% |
| Financial income75/76B | - | - | - | €56k | - |
| Recurring financial income75 | €390 | €82k | €72k | €56k | ▼ 22.0% |
| Financial charges65/66B | - | - | - | €568 | - |
| Recurring financial charges65 | €670 | €50 | €266 | €568 | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €5k | €43k | €-94k | €-3k | ▲ 96.5% |
| Income taxes67/77 | €2k | €4 | €81 | €35 | ▼ 56.1% |
| Profit (loss) for the period9904 | €3k | €43k | €-94k | €-3k | ▲ 96.5% |
| Profit (loss) for the period to be appropriated9905 | €3k | €43k | €-94k | €-3k | ▲ 96.5% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €129k | €423k | €258k | €137k | ▼ 47.1% |
| Formation expenses20 | €196 | €65 | €0 | - | - |
| Fixed assets21/28 | €3k | €105k | €95k | €42k | ▼ 55.5% |
| Intangible fixed assets21 | €3k | €105k | €93k | €41k | ▼ 55.8% |
| Tangible fixed assets22/27 | - | - | €2k | €891 | ▼ 45.8% |
| Plant, machinery and equipment23 | - | - | - | €891 | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €126k | €318k | €163k | €94k | ▼ 42.1% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - |
| Other amounts receivable291 | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €79k | €172k | €64k | €44k | ▼ 31.5% |
| Trade receivables40 | - | - | - | €21k | - |
| Other amounts receivable41 | - | - | - | €23k | - |
| Cash at bank and in hand54/58 | €47k | €82k | €35k | €50k | ▲ 43.4% |
| Deferred charges and accrued income490/1 | - | - | - | €412 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €129k | €423k | €258k | €137k | ▼ 47.1% |
| Equity10/15 | €51k | €329k | €163k | €69k | ▼ 57.8% |
| Contributions10/11 | €50k | €50k | - | €50k | - |
| Reserves13 | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-755 | €43k | €-51k | €-54k | ▼ 6.5% |
| Investment grants15 | - | - | - | €71k | - |
| Amounts payable17/49 | €78k | €95k | €95k | €68k | ▼ 28.6% |
| Amounts payable after more than one year17 | €45k | €45k | €45k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €33k | €49k | €50k | €68k | ▲ 34.8% |
| Trade debts44 | €6k | €24k | €50k | €27k | ▼ 46.6% |
| Suppliers440/4 | - | - | - | €27k | - |
| Advances received on contracts in progress46 | - | - | - | €12k | - |
| Taxes, remuneration and social security45 | - | - | - | €3k | - |
| Taxes450/3 | - | - | - | €3k | - |
| Other amounts payable47/48 | - | - | - | €26k | - |
| Accrued charges and deferred income492/3 | - | - | - | €348 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €43k | €-94k | €-3k | ▲ 96.5% |
| + Depreciation and write-downs630 | €1k | €18k | €51k | €53k | ▲ 4.4% |
| Operating cash flow (approximation) | €4k | €61k | €-43k | €50k | ▲ 215% |
| Investment in fixed assets (approximation) | - | €-120k | €-41k | €0 | ▲ 100% |
| Change in cash | - | €35k | €-47k | €15k | ▲ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
19-10
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
24-07
State Gazette act
Merger · Accounting effect
Power of attorney · Capital
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
30-06
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Highest result since 2019net €43k ▲1,291%
Net result €43k, the highest in the series.
30-06
Financial
Equity above €200kEq €329k ▲541%
2 profitable years in a row build equity to €329k.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 89 days late
Show earlier events
2015
22-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 151 days late
2013
06-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 190 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:HertBelgium