RIWILLE
InactiveFinancials · financial year 2021, abbreviated format
Equity
€2.2m▼ 3.6%
2020 · €2.2m
Total assets
€4.2m▲ 47.9%
2020 · €2.8m
Net result
-€80,427▲ 32.1%
2020 · -€118,481
Working capital
-€173,524▲ 68.1%
2020 · -€544,294
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €80,397 in 2021 against €118,450 in 2020; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.08m
2021
Net result-€0.08m
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.2m
2021
Equity€2.2m
2021
Debt€2.0m
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€0.007m--€0.006m▲ 15.2%-€0.1m▼ 2,022%-€0.08m▲ 32.1%
Net result€0.02m-€0.006m▼ 62.9%-€0.1m-€0.08m▲ 32.1%
Equity€2.3m-€2.4m▲ 0.2%€2.2m▼ 5.0%€2.2m▼ 3.6%
Total assets€4.0m-€2.4m▼ 41.0%€2.8m▲ 20.3%€4.2m▲ 47.9%
Debt€1.6m-€0.001m▼ 99.9%€0.6m▲ 595×€2.0m▲ 241%
Working capital€1.9m-€1.8m▼ 4.5%-€0.5m-€0.2m▲ 68.1%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.2m
Fixed assets
€2.8m ▲ 1.1%
Current assets
€1.4m ▲ 26×
Equity and liabilities €4.2m
Equity
€2.2m ▼ 3.6%
Debt
€2.0m ▲ 241%
Debt's share of the balance-sheet total rises from 21.1% to 48.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€59,234
Cash flow
-€59,264
Current ratio
0.89▲
2020 · 0.09
Debt to equity
0.94
ROE
-3.7%▲
2020 · -5.3%
ROA
-1.9%▲
2020 · -4.2%
Interest coverage
-1967.90
Debt ≤ 1 year
€1.6m▲
2020 · €596,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €21,164 | - |
| Other operating charges640/8 | - | - | - | €1,876 | - |
| Non-recurring operating charges66A | - | - | - | €0 | - |
| Gross operating margin9900 | -€5,370 | -€4,713 | -€510 | -€57,358 | ▼ 11,143% |
| Operating profit (loss)9901 | -€6,584 | -€5,581 | -€118,450 | -€80,397 | ▲ 32.1% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €49,349 | €16,656 | €41 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €30 | - |
| Recurring financial charges65 | €25,123 | €10,240 | €72 | €30 | ▼ 58.1% |
| Profit (loss) for the period before taxes9903 | €17,641 | €5,638 | -€118,481 | -€80,427 | ▲ 32.1% |
| Income taxes67/77 | €2,442 | €0 | - | - | - |
| Profit (loss) for the period9904 | €15,199 | €5,638 | -€118,481 | -€80,427 | ▲ 32.1% |
| Profit (loss) for the period to be appropriated9905 | €15,199 | €5,638 | -€118,481 | -€80,427 | ▲ 32.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.0m | €2.4m | €2.8m | €4.2m | ▲ 47.9% |
| Fixed assets21/28 | €0.4m | €0.5m | €2.8m | €2.8m | ▲ 1.1% |
| Tangible fixed assets22/27 | - | €0.2m | €2.8m | €2.8m | ▲ 1.0% |
| Land and buildings22 | - | - | - | €2.8m | - |
| Financial fixed assets28 | €0.4m | €0.3m | €0 | €0.003m | - |
| Current assets29/58 | €3.6m | €1.8m | €0.05m | €1.4m | ▲ 26× |
| Amounts receivable within one year40/41 | €2.2m | €0 | €0.04m | €0.08m | ▲ 94.5% |
| Trade receivables40 | - | - | - | €0.07m | - |
| Other amounts receivable41 | - | - | - | €0.01m | - |
| Cash at bank and in hand54/58 | €1.4m | €1.8m | €0.009m | €1.3m | ▲ 151× |
| Deferred charges and accrued income490/1 | - | - | - | €482 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.0m | €2.4m | €2.8m | €4.2m | ▲ 47.9% |
| Equity10/15 | €2.3m | €2.4m | €2.2m | €2.2m | ▼ 3.6% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | - |
| Reserves13 | €2.3m | €2.3m | €2.2m | €2.1m | ▼ 3.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - |
| Distributable reserves133 | - | - | - | €2.1m | - |
| Amounts payable17/49 | €1.6m | €0.001m | €0.6m | €2.0m | ▲ 241% |
| Amounts payable within one year42/48 | €1.6m | €0.001m | €0.6m | €1.6m | ▲ 160% |
| Trade debts44 | €0.001m | €0.001m | €0.02m | €0.002m | ▼ 86.9% |
| Suppliers440/4 | - | - | - | €0.002m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | - |
| Taxes450/3 | - | - | - | €0.001m | - |
| Other amounts payable47/48 | - | - | - | €1.5m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.5m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | €0.006m | -€0.1m | -€0.08m | ▲ 32.1% |
| + Depreciation and write-downs630 | - | - | - | €0.02m | - |
| Operating cash flow (approximation) | €0.02m | €0.006m | -€0.1m | -€0.06m | ▲ 50.0% |
| Investment in fixed assets (approximation) | - | -€0.09m | -€2.3m | -€0.05m | ▲ 97.7% |
| Change in cash | - | €0.4m | -€1.8m | €1.3m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | abbreviated format | 11-05-2022 | 2022-20025570 |
| 31-12-2020 | abbreviated format | 27-08-2021 | 2021-56700419 |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-38000434 |
| 31-12-2018 | abbreviated format | 14-08-2019 | 2019-46600180 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-59300505 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.