PRESTIGIA
Inactive1 interim measureFinancials · financial year 2022, micro format
2022 annual accounts filed 137 days after the deadline Filed on 15 December 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00534386.
Annual accounts 2022 filed on 15-12-2023 PDF all 4 filings
Equity
€3,439▼ 79.8%
2021 · €16,991
Total assets
€25,498▼ 49.3%
2021 · €50,279
Net result
-€13,552
2021 · €4,162
Working capital
-€13,648
2021 · €14,741
Multi-year overview
2019 to 2022, 4 financial yearsOperating result
-€11,831
2022
20192022
Net result
-€13,552
2022
20192022
Equity
€3,439
▼ 79.8%
2022
20192022
Total assets
€25,498
▼ 49.3%
2022
20192022
Debt
€22,060
▼ 33.7%
2022
20192022
Working capital
-€13,648
2022
20192022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Operating result€1,449--€7,163€12,838-€11,831
Net result€1,417--€7,188€4,162-€13,552
Equity€7,617-€6,629▼ 13.0%€16,991▲ 156%€3,439▼ 79.8%
Total assets€12,138-€21,366▲ 76.0%€50,279▲ 135%€25,498▼ 49.3%
Debt€4,522-€14,737▲ 226%€33,288▲ 126%€22,060▼ 33.7%
Working capital€7,617-€4,656▼ 38.9%€14,741▲ 217%-€13,648
The operating result for 2022 is a loss of €11,831, after a profit of €12,838 in 2021. It is the lowest result since 2019.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €25,498
Fixed assets
€17,087 ▼ 23.2%
Current assets
€8,412 ▼ 70.0%
Equity and liabilities €25,498
Equity
€3,439 ▼ 79.8%
Debt
€22,060 ▼ 33.7%
Debt's share of the balance-sheet total rises from 66.2% to 86.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,080▼
2021 · €17,740
Cash flow
-€5,800▼
2021 · €9,064
Current ratio
0.38▼
2021 · 2.11
Debt to equity
6.42▲
2021 · 1.96
ROE
-394.1%▼
2021 · 24.5%
ROA
-53.1%▼
2021 · 8.3%
Interest coverage
-5.84▼
2021 · 21.87
Debt ≤ 1 year
€22,060▲
2021 · €13,288
Income taxes
€1,022▼
2021 · €7,865
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €24,816 | €2,589 |
| Financial fixed assets | €363 | - |
| Depreciation and write-downs of the year | €4,902 | €7,752 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | -€679 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €188 | €4,902 | €7,752 | ▲ 58.1% |
| Other operating charges640/8 | - | - | €11,964 | €1,167 | ▼ 90.2% |
| Gross operating margin9900 | €1,449 | -€2,059 | €29,025 | -€2,913 | - |
| Operating profit (loss)9901 | €1,449 | -€7,163 | €12,838 | -€11,831 | - |
| Recurring financial income75 | €340 | - | - | - | - |
| Financial charges65/66B | - | - | €811 | €699 | ▼ 13.8% |
| Recurring financial charges65 | €10 | €25 | €811 | €699 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €1,780 | -€7,188 | €12,027 | -€12,530 | - |
| Income taxes67/77 | €363 | - | €7,865 | €1,022 | ▼ 87.0% |
| Profit (loss) for the period9904 | €1,417 | -€7,188 | €4,162 | -€13,552 | - |
| Profit (loss) for the period to be appropriated9905 | €1,417 | -€7,188 | €4,162 | -€13,552 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,138 | €21,366 | €50,279 | €25,498 | ▼ 49.3% |
| Fixed assets21/28 | - | €1,973 | €22,250 | €17,087 | ▼ 23.2% |
| Tangible fixed assets22/27 | - | €1,973 | €21,887 | €16,724 | ▼ 23.6% |
| Furniture and vehicles24 | - | - | €21,887 | €16,724 | ▼ 23.6% |
| Financial fixed assets28 | - | - | €363 | €363 | = |
| Current assets29/58 | €12,138 | €19,393 | €28,030 | €8,412 | ▼ 70.0% |
| Amounts receivable within one year40/41 | €12,138 | €3,818 | €26,082 | €8,412 | ▼ 67.7% |
| Trade receivables40 | - | - | €2,143 | €8,032 | ▲ 275% |
| Other amounts receivable41 | - | - | €23,939 | €380 | ▼ 98.4% |
| Cash at bank and in hand54/58 | - | €764 | €99 | - | - |
| Deferred charges and accrued income490/1 | - | - | €1,848 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,138 | €21,366 | €50,279 | €25,498 | ▼ 49.3% |
| Equity10/15 | €7,617 | €6,629 | €16,991 | €3,439 | ▼ 79.8% |
| Contributions10/11 | €6,200 | €12,400 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | = |
| Reserves13 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | - | €620 | €620 | = |
| Legal reserve130 | - | - | €620 | €620 | = |
| Profit (loss) carried forward14 | €797 | -€6,391 | -€2,229 | -€15,781 | ▼ 608% |
| Amounts payable17/49 | €4,522 | €14,737 | €33,288 | €22,060 | ▼ 33.7% |
| Amounts payable after more than one year17 | - | - | €20,000 | - | - |
| Other amounts payable178/9 | - | - | €20,000 | - | - |
| Amounts payable within one year42/48 | €4,522 | €14,737 | €13,288 | €22,060 | ▲ 66.0% |
| Financial debts43 | - | - | - | €3,657 | - |
| Credit institutions430/8 | - | - | - | €3,657 | - |
| Trade debts44 | €159 | €4,017 | €3,848 | €7,491 | ▲ 94.7% |
| Suppliers440/4 | - | - | €3,848 | €7,491 | ▲ 94.7% |
| Taxes, remuneration and social security45 | - | - | €7,701 | €10,911 | ▲ 41.7% |
| Taxes450/3 | - | - | €7,701 | €10,911 | ▲ 41.7% |
| Other amounts payable47/48 | - | - | €1,740 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,417 | -€7,188 | €4,162 | -€13,552 | - |
| + Depreciation and write-downs630 | - | €188 | €4,902 | €7,752 | ▲ 58.1% |
| Operating cash flow (approximation) | €1,417 | -€7,000 | €9,064 | -€5,800 | - |
| Investment in fixed assets (approximation) | - | - | -€25,179 | -€2,589 | ▲ 89.7% |
| Change in cash | - | - | -€665 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.