R&E
Annual accounts 2021
micro format, filed on 31-08-2022, 31 days lateMoney flows
no detail for 2021Balance sheet
balance sheet total €12,775 on 31-12-2021in euro
in euro
Position in the sector
-137.0%
Higher than 7% of 2,786 companies in 2021.
0.22
Higher than 6% of 2,695 companies in 2021.
-59.4%
Lower than 95% of 2,714 companies in 2021.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€13,315
Staff costs divided by the average number of full-time equivalents.
+5 people
In 2021, 25 people joined and 20 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
12,775 | 8,564 | |
21/28 |
6,070 | 8,070 | |
22/27 |
4,000 | 6,000 | |
23 |
4,000 | 6,000 | |
28 |
2,070 | 2,070 | |
29/58 |
6,705 | 494 | |
40/41 |
6,215 | - | |
40 |
6,215 | - | |
54/58 |
171 | 494 | |
490/1 |
320 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
12,775 | 8,564 | |
10/15 |
-17,498 | -17,498 | |
10/11 |
18,600 | 18,600 | |
100 |
- | 18,600 | |
14 |
-36,098 | -36,098 | |
17/49 |
30,273 | 26,062 | |
42/48 |
30,273 | 26,062 | |
44 |
999 | 1,880 | |
440/4 |
999 | 1,880 | |
45 |
8,876 | 7,090 | |
450/3 |
8,876 | 4,950 | |
454/9 |
- | 2,140 | |
47/48 |
20,398 | 17,092 | |
| Income statement | |||
70 |
- | 31,639 | |
76A |
- | 17,638 | |
9900 |
37,806 | -907 | |
60/61 |
- | 50,184 | |
62 |
41,275 | 13,339 | |
630 |
2,000 | 2,000 | |
640/8 |
1,573 | 210 | |
9901 |
-7,043 | -16,456 | |
65/66B |
544 | 185 | |
65 |
544 | 185 | |
9903 |
-7,587 | -16,641 | |
9904 |
-7,587 | -16,641 | |
9905 |
-7,587 | -16,641 | |
| Appropriation of the result | |||
9906 |
-43,685 | -36,098 | |
14P |
-36,098 | - | |
794 |
7,587 | - | |
| Social balance sheet | |||
9087 |
3.1 | - | |
Hours worked1013 |
2,059 | - | |
| Document | |||
The notes to these accounts have 5 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 2021 (PDF), filed on 31-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 31 days after the deadline. Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20384680.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 |
|---|---|---|---|
| -5,043 | -14,456 | ||
| -5,587 | -14,641 | ||
| 0 | - | ||
| -323 | - | ||
| -23,568 | -25,568 | ||
| - | -52.0% | ||
| -137.0% | -204.3% | ||
| 0.22 | 0.02 | ||
| -59.4% | -194.3% | ||
| -9.26 | - | ||
| - | 14 days |
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.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 7 |
| full-time | 1 |
| part-time | 6 |
| in full-time equivalents | 3.1 |
| 1.8 | |
| On a permanent contract | 2 |
| Joined | 25 |
| Left | 20 |
Source: social balance sheet in the 2021 annual accounts
Insights on R&E
The operating result for 2021 is a loss of €7,043, smaller than the loss of €16,456 in 2020.
Equity is negative. Debt (€30,273) exceeds the balance-sheet total (€12,775).