POLARENT
Annual accounts 2023
micro format, filed on 16-06-2024, 45 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €72,000 and €220,000.
Balance sheet
balance sheet total €386,204 on 31-12-2023in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
386,204 | 406,196 | 427,042 | 480,123 | 410,829 | |
21/28 |
382,811 | 397,214 | 408,948 | 423,837 | 388,016 | |
22/27 |
382,811 | 397,214 | 408,948 | 423,837 | 388,016 | |
22 |
382,573 | 396,734 | 408,227 | 422,874 | 386,812 | |
24 |
238 | 480 | 721 | 963 | 1,204 | |
29/58 |
3,393 | 8,983 | 18,094 | 56,286 | 22,813 | |
40/41 |
2,500 | 2,500 | 2,500 | 29,970 | - | |
40 |
- | - | - | 29,970 | - | |
41 |
2,500 | 2,500 | 2,500 | - | - | |
54/58 |
447 | 6,078 | 15,594 | 25,605 | 22,404 | |
490/1 |
446 | 405 | - | 711 | 409 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
386,204 | 406,196 | 427,042 | 480,123 | 410,829 | |
10/15 |
-37,348 | -36,377 | -33,667 | -34,763 | -12,697 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | 18,600 | 18,600 | |
101 |
- | - | - | 6,200 | 6,200 | |
14 |
-49,748 | -48,777 | -46,067 | -47,163 | -25,097 | |
17/49 |
423,552 | 442,574 | 460,708 | 514,886 | 423,525 | |
17 |
350,586 | 373,709 | 396,343 | 418,498 | 358,686 | |
170/4 |
350,586 | 373,709 | 396,343 | 418,498 | 358,686 | |
42/48 |
72,966 | 68,864 | 64,366 | 93,206 | 64,840 | |
42 |
23,123 | 22,634 | 22,155 | 21,686 | 8,950 | |
44 |
9,607 | 5,245 | 1,226 | 31,608 | 1,303 | |
440/4 |
9,607 | 5,245 | 1,226 | 31,608 | 1,303 | |
45 |
- | 401 | 401 | - | - | |
450/3 |
- | 401 | 401 | - | - | |
47/48 |
40,236 | 40,585 | 40,585 | 39,913 | 54,587 | |
492/3 |
- | - | - | 3,182 | - | |
| Income statement | ||||||
9900 |
29,909 | 26,230 | 30,287 | 7,214 | -9,460 | |
630 |
15,255 | 15,239 | 14,889 | 14,889 | 6,861 | |
640/8 |
7,558 | 4,518 | 4,419 | 4,404 | 3,317 | |
9901 |
7,097 | 6,472 | 10,980 | -12,080 | -19,638 | |
75/76B |
- | 1 | - | - | - | |
75 |
- | 1 | - | - | - | |
65/66B |
8,469 | 9,183 | 9,483 | 9,987 | 5,459 | |
65 |
8,469 | 9,183 | 9,483 | 9,987 | 5,459 | |
9903 |
-1,372 | -2,710 | 1,497 | -22,067 | -25,097 | |
67/77 |
-401 | - | 401 | - | - | |
9904 |
-971 | -2,710 | 1,096 | -22,067 | -25,097 | |
9905 |
-971 | -2,710 | 1,096 | -22,067 | -25,097 | |
| Appropriation of the result | ||||||
9906 |
-49,748 | -48,777 | -46,067 | -47,163 | -25,097 | |
14P |
-48,777 | -46,067 | -47,163 | - | - | |
| Document | ||||||
The notes to these accounts have 6 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 2023 (PDF), filed on 16-06-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 16-06-2024 | 2024-00132023 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00185275 | |
| 31-12-2021 | micro format | 13-05-2022 | 2022-20028531 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21300384 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-44000475 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 22,351 | 21,712 | 25,869 | 2,809 | -12,777 | ||
| 14,283 | 12,529 | 15,985 | -7,178 | -18,236 | ||
| 852 | 3,505 | 0 | 50,710 | 394,877 | ||
| -5,631 | -9,516 | -10,011 | 3,201 | - | ||
| -69,574 | -59,882 | -46,272 | -36,921 | -42,027 | ||
| -9.7% | -9.0% | -7.9% | -7.2% | -3.1% | ||
| 0.05 | 0.13 | 0.28 | 0.60 | 0.35 | ||
| -0.3% | -0.7% | 0.3% | -4.6% | -6.1% | ||
| 2.64 | 2.36 | 2.73 | - | - |
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.
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €852 | €3,505 | - |
| €15,255 | €15,239 | €14,889 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on POLARENT
The operating result for 2023 is 10% higher than in 2022. It is a recovery after the fall in 2022.
Equity is negative. Debt (€423,552) exceeds the balance-sheet total (€386,204).