PRUDENTIAL
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-06-2024, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
34 d early
2022
34 d early
2021
32 d early
2020
36 d early
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€2.3m▲ 0.1%
2022 · €2.3m
Total assets
€2.7m▲ 0.1%
2022 · €2.7m
Net result
€2,054▼ 35.7%
2022 · €3,193
Working capital
€345,934▲ 0.7%
2022 · €343,472
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€54,912▼ 41.5%€45,456▼ 17.2%€20,183▼ 55.6%€20,056▼ 0.6%€18,543▼ 7.5%
Net result€2,483▲ 24.8%€11,847▲ 377%€3,249▼ 72.6%€3,193▼ 1.7%€2,054▼ 35.7%
Equity€2.2m▲ 0.1%€2.3m▲ 0.5%€2.3m▲ 0.1%€2.3m▲ 0.1%€2.3m▲ 0.1%
Total assets€3.2m▲ 0.1%€2.7m▼ 13.9%€2.7m▲ 0.1%€2.7m▼ 0.1%€2.7m▲ 0.1%
Debt€913,232▲ 0.1%€460,622▼ 49.6%€460,659=€455,407▼ 1.1%€455,175▼ 0.1%
Working capital€778,234▲ 0.4%€336,230▼ 56.8%€339,879▲ 1.1%€343,472▲ 1.1%€345,934▲ 0.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2023 is 8% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.7m
Fixed assets
€2.4m =
Current assets
€347,308 ▲ 0.6%
Equity and liabilities €2.7m
Equity
€2.3m ▲ 0.1%
Debt
€455,175 ▼ 0.1%
Debt's share of the balance-sheet total stays at 16.7%.
Key figures and ratios
EBITDA
€18,943▼
2022 · €20,456
Cash flow
€2,454▼
2022 · €3,593
Debt to equity
0.20▼
2022 · 0.20
ROE
0.1%▼
2022 · 0.1%
ROA
0.1%▼
2022 · 0.1%
Interest coverage
1.01▼
2022 · 1.10
Debt ≤ 1 year
€1,374▼
2022 · €1,613
Debt > 1 year
€450,000=
2022 · €450,000
Income taxes
€686▼
2022 · €1,060
A ratio outside any meaningful range has been withheld (balance sheet total €2.7m, equity €2.3m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | €400 | €400 | €400 | €400 | = |
| Other operating charges640/8 | - | - | €62 | €62 | €287 | ▲ 363% |
| Gross operating margin9900 | €55,374 | €45,918 | €20,645 | €20,518 | €19,231 | ▼ 6.3% |
| Operating profit (loss)9901 | €54,912 | €45,456 | €20,183 | €20,056 | €18,543 | ▼ 7.5% |
| Financial income75/76B | - | - | €2,782 | €2,810 | €2,938 | ▲ 4.6% |
| Recurring financial income75 | €2,727 | €2,754 | €2,782 | €2,810 | €2,938 | ▲ 4.6% |
| Financial charges65/66B | - | - | €18,533 | €18,612 | €18,740 | ▲ 0.7% |
| Recurring financial charges65 | €54,010 | €32,051 | €18,533 | €18,612 | €18,740 | ▲ 0.7% |
| Profit (loss) for the period before taxes9903 | €3,629 | €16,159 | €4,432 | €4,254 | €2,741 | ▼ 35.6% |
| Income taxes67/77 | €1,146 | €4,313 | €1,183 | €1,060 | €686 | ▼ 35.3% |
| Profit (loss) for the period9904 | €2,483 | €11,847 | €3,249 | €3,193 | €2,054 | ▼ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €2,483 | €11,847 | €3,249 | €3,193 | €2,054 | ▼ 35.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €2.7m | €2.7m | €2.7m | €2.7m | ▲ 0.1% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Intangible fixed assets21 | €1,600 | €1,200 | €800 | €400 | - | - |
| Financial fixed assets28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Current assets29/58 | €783,421 | €343,058 | €346,744 | €345,086 | €347,308 | ▲ 0.6% |
| Amounts receivable after more than one year29 | - | - | €278,181 | €280,963 | €293,773 | ▲ 4.6% |
| Other amounts receivable291 | - | - | €278,181 | €280,963 | €293,773 | ▲ 4.6% |
| Amounts receivable within one year40/41 | €2,657 | - | - | - | €314 | - |
| Other amounts receivable41 | - | - | - | - | €314 | - |
| Cash at bank and in hand54/58 | €505,337 | €64,877 | €65,781 | €61,313 | €50,284 | ▼ 18.0% |
| Deferred charges and accrued income490/1 | - | - | €2,782 | €2,810 | €2,938 | ▲ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €2.7m | €2.7m | €2.7m | €2.7m | ▲ 0.1% |
| Equity10/15 | €2.2m | €2.3m | €2.3m | €2.3m | €2.3m | ▲ 0.1% |
| Contributions10/11 | €759,000 | €759,000 | €759,000 | €759,000 | €759,000 | = |
| Capital10 | - | - | €759,000 | €759,000 | €759,000 | = |
| Issued capital100 | - | - | €759,000 | €759,000 | €759,000 | = |
| Reserves13 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▲ 0.1% |
| Non-distributable reserves130/1 | - | - | €75,900 | €75,900 | €75,900 | = |
| Legal reserve130 | - | - | €75,900 | €75,900 | €75,900 | = |
| Distributable reserves133 | - | - | €1.4m | €1.4m | €1.4m | ▲ 0.1% |
| Amounts payable17/49 | €913,232 | €460,622 | €460,659 | €455,407 | €455,175 | ▼ 0.1% |
| Amounts payable after more than one year17 | €898,019 | €450,000 | €450,000 | €450,000 | €450,000 | = |
| Other amounts payable178/9 | - | - | €450,000 | €450,000 | €450,000 | = |
| Amounts payable within one year42/48 | €5,187 | €6,829 | €6,866 | €1,613 | €1,374 | ▼ 14.9% |
| Taxes, remuneration and social security45 | - | - | €6,866 | €1,613 | €1,374 | ▼ 14.9% |
| Taxes450/3 | - | - | €6,866 | €1,613 | €1,374 | ▼ 14.9% |
| Accrued charges and deferred income492/3 | - | - | €3,794 | €3,794 | €3,802 | ▲ 0.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,483 | €11,847 | €3,249 | €3,193 | €2,054 | ▼ 35.7% |
| + Depreciation and write-downs630 | €400 | €400 | €400 | €400 | €400 | = |
| Operating cash flow (approximation) | €2,883 | €12,247 | €3,649 | €3,593 | €2,454 | ▼ 31.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€440,461 | €904 | -€4,468 | -€11,029 | ▼ 147% |
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
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 213.88
Current ratio from 50.51 to 213.88; short-term debt falls from €6,866 to €1,613.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €11,847 ▲377%
Net result €11,847, the highest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
Owners and holdings
1 owner · 1 holdingChain of control
- GANES
- PRUDENTIAL
Highest known parent: GANES. The sources do not say who stands above it.
Owners 1
- GANESparentSourceaccounts GANES 202399.69%
Holdings 1
-
99.91%
According to the 2023 annual accounts of PRUDENTIAL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
9676009Y9EB75VVPHK29