QURO
InactiveFinancials · fiscal year 2023, abbreviated schema
Equity
€25.3m▼ 77.9%
2023 · €114.3m
Total assets
€29.0m▼ 74.8%
2023 · €115.1m
Net result
€13.7m▲ 1,027%
2023 · €1.2m
Working capital
€23.7m▼ 71.9%
2023 · €84.5m
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232023
Operating result-€0.06m€0.02m-€0.2m-€0.2m▼ 42.9%€0.09m-
Net result-€0.3m€45.0m€1.4m▼ 96.9%€1.2m▼ 11.4%€13.7m-
Equity€66.7m▼ 0.5%€111.7m▲ 67.5%€113.1m▲ 1.2%€114.3m▲ 1.1%€25.3m-
Total assets€67.3m▼ 7.4%€116.8m▲ 73.6%€113.9m▼ 2.5%€115.1m▲ 1.1%€29.0m-
Debt€0.6m▼ 89.5%€5.1m▲ 761%€0.8m▼ 84.5%€0.8m▲ 1.6%€3.7m-
Working capital€59.0m▼ 0.4%€68.5m▲ 16.1%€83.6m▲ 22.0%€84.5m▲ 1.1%€23.7m-
Staff (FTE)0.7▲ 75.0%0.5▼ 28.6%0.4▼ 20.0%0.4=0-
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2023 in colour, 2023 as the grey bar beneath
Assets €29.0m
Fixed assets
€1.6m ▼ 94.6%
Current assets
€27.4m ▼ 67.9%
Equity and liabilities €29.0m
Equity
€25.3m ▼ 77.9%
Debt
€3.7m ▲ 359%
Debt's share of the balance-sheet total rises from 0.7% to 12.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92,469▲
2023 · -€214,258
Cash flow
€13.7m▲
2023 · €1.2m
Current ratio
7.46
Debt to equity
0.15▲
2023 · 0.01
ROE
54.2%▲
2023 · 1.1%
ROA
47.3%▲
2023 · 1.1%
Interest coverage
0.09▼
2023 · 0.55
Debt ≤ 1 year
€3.7m▲
2023 · €787,168
Income taxes
€3.1m▲
2023 · €593,512
Staff costs
€0▼
2023 · €43,809
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0.001m | €0 | €0.01m | €0.4m | - |
| Remuneration, social security and pensions62 | - | €0.02m | €0.02m | €0.04m | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.08m | €0.05m | €0.02m | €0.01m | €0.001m | - |
| Other operating charges640/8 | - | €0.007m | €0.09m | €0.08m | €0.02m | - |
| Non-recurring operating charges66A | - | - | - | €0.008m | €0.2m | - |
| Gross operating margin9900 | €0.05m | €0.1m | -€0.03m | -€0.08m | €0.4m | - |
| Operating profit (loss)9901 | -€0.06m | €0.02m | -€0.2m | -€0.2m | €0.09m | - |
| Financial income75/76B | - | €49.6m | €5.6m | €1.6m | €17.7m | - |
| Recurring financial income75 | €1.1m | €0.7m | €1.3m | €1.6m | €6.8m | - |
| Non-recurring financial income76B | - | €48.9m | €4.3m | €0 | €10.9m | - |
| Financial charges65/66B | - | -€0.1m | €3.6m | -€0.4m | €1.0m | - |
| Recurring financial charges65 | €1.3m | -€0.1m | €3.6m | -€0.4m | €1.0m | - |
| Profit (loss) for the period before taxes9903 | -€0.2m | €49.7m | €1.8m | €1.8m | €16.8m | - |
| Income taxes67/77 | €0.07m | €4.7m | €0.4m | €0.6m | €3.1m | - |
| Profit (loss) for the period9904 | -€0.3m | €45.0m | €1.4m | €1.2m | €13.7m | - |
| Transfer from tax-exempt reserves789 | - | €1.0m | €0.7m | €0.8m | €0 | - |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €46.0m | €2.1m | €2.1m | €13.7m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67.3m | €116.8m | €113.9m | €115.1m | €29.0m | - |
| Fixed assets21/28 | €8.1m | €43.6m | €29.9m | €29.9m | €1.6m | - |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.3m | €1.3m | €0.02m | - |
| Land and buildings22 | - | €1.2m | €1.2m | €1.2m | €0 | - |
| Plant, machinery and equipment23 | - | €0.05m | €0.05m | €0.06m | €0 | - |
| Furniture and vehicles24 | - | €0.06m | €0.04m | €0.02m | €0.02m | - |
| Other tangible fixed assets26 | - | €0.03m | €0.02m | €0.02m | €0 | - |
| Financial fixed assets28 | €6.8m | €42.3m | €28.6m | €28.6m | €1.6m | - |
| Current assets29/58 | €59.2m | €73.2m | €84.0m | €85.2m | €27.4m | - |
| Amounts receivable after more than one year29 | - | €15.2m | €15.4m | €15.6m | €15.7m | - |
| Other amounts receivable291 | - | €15.2m | €15.4m | €15.6m | €15.7m | - |
| Amounts receivable within one year40/41 | €0.01m | €0.02m | €0.03m | €0 | €0.02m | - |
| Trade receivables40 | - | €0.02m | €0 | - | €0.02m | - |
| Other amounts receivable41 | - | €0.003m | €0.03m | €0 | €0.001m | - |
| Current investments50/53 | €31.3m | €41.8m | €42.9m | €52.8m | €0 | - |
| Cash at bank and in hand54/58 | €22.6m | €15.9m | €25.3m | €16.4m | €11.5m | - |
| Deferred charges and accrued income490/1 | - | €0.3m | €0.4m | €0.4m | €0.1m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67.3m | €116.8m | €113.9m | €115.1m | €29.0m | - |
| Equity10/15 | €66.7m | €111.7m | €113.1m | €114.3m | €25.3m | - |
| Contributions10/11 | - | €2.9m | €2.9m | €2.9m | €2.9m | - |
| Reserves13 | €63.9m | €108.9m | €110.2m | €111.4m | €125.2m | - |
| Non-distributable reserves130/1 | - | €0.3m | €0.3m | €0 | - | - |
| Reserves not available under the articles1311 | - | €0.3m | €0.3m | €0 | - | - |
| Tax-exempt reserves132 | - | €1.6m | €0.8m | €0 | - | - |
| Distributable reserves133 | - | €107.0m | €109.1m | €111.4m | €125.2m | - |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | €102.7m | - |
| Amounts payable17/49 | €0.6m | €5.1m | €0.8m | €0.8m | €3.7m | - |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0 | - | - |
| Other amounts payable178/9 | - | €0.4m | €0.4m | €0 | - | - |
| Amounts payable within one year42/48 | €0.2m | €4.7m | €0.4m | €0.8m | €3.7m | - |
| Trade debts44 | €490 | €0.001m | €305 | €0.02m | €491 | - |
| Suppliers440/4 | - | €0.001m | €305 | €0.02m | €491 | - |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €4.7m | €0.3m | €0.4m | €3.4m | - |
| Taxes450/3 | - | €4.7m | €0.3m | €0.4m | €3.4m | - |
| Remuneration and social security454/9 | - | €0.005m | €0.002m | €0.03m | €0 | - |
| Other amounts payable47/48 | - | €0.05m | €0.09m | €0.3m | €0.2m | - |
| Accrued charges and deferred income492/3 | - | €0.03m | €0.02m | €0.02m | €0.02m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.3m | €45.0m | €1.4m | €1.2m | €13.7m | - |
| + Depreciation and write-downs630 | €0.08m | €0.05m | €0.02m | €0.01m | €0.001m | - |
| Operating cash flow (approximation) | -€0.2m | €45.1m | €1.4m | €1.2m | €13.7m | - |
| Investment in fixed assets (approximation) | - | -€35.6m | €13.7m | -€0.002m | - | - |
| Change in cash | - | -€6.7m | €9.4m | -€8.9m | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.