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ScryptCube Mining

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Private limited companyfounded 2018KBO/BCE: BE 0695.912.840
ScryptCube MiningOpen bankruptcy

Financials · financial year 2021, full format

2021 annual accounts filed 30 days after the deadline Filed on 30 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20363819.

Annual accounts 2021 filed on 30-08-2022 PDF all 3 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3.9m
2020 · €118,608
Working capital
€4.1m▲ 149%
2020 · €1.6m
Trend over the years

2019 to 2021, 3 financial years

The operating result for 2021 is a loss of €3.6m, after a profit of €119,865 in 2020. It is the lowest result since 2019.

Operating result-€3.6m 2021 Net result-€3.9m 2021

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021
Operating result-€0.9m-€0.1m-€3.6m
Net result-€0.9m-€0.1m-€3.9m
Equity€1.6m-€1.7m▲ 7.4%-€2.2m
Total assets€2.6m-€5.4m▲ 111%€4.8m▼ 11.2%
Debt€1.0m-€3.7m▲ 279%€7.1m▲ 89.7%
Working capital€0.1m-€1.6m▲ 15×€4.1m▲ 149%
Staff (FTE)2.5-1.3▼ 48.0%1▼ 23.1%
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.8m
Fixed assets €98,888 ▼ 97.2%
Current assets €4.7m ▲ 155%
Equity and liabilities
Equity-€2.2m
Debt€7.1m
Equity is negative. Debt (€7.1m) exceeds the balance-sheet total (€4.8m).
Key figures and ratios
2021 value · change against 2020
EBITDA
-€3.6m▼
2020 · €793,408
Cash flow
-€3.9m▼
2020 · €792,151
Solvency
-46.2%▼
2020 · 31.6%
Current ratio
7.49▼
2020 · 8.94
ROA
-81.7%▼
2020 · 2.2%
Interest coverage
-9.86
Debt ≤ 1 year
€631,112▲
2020 · €207,361
Debt > 1 year
€6.4m▲
2020 · €3.5m
Income taxes
€0▼
2020 · €0
Staff costs
€62,345
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2021
Employees at the balance-sheet date1
full-time1
part-time0
in full-time equivalents1
Average over the year, in full-time equivalents1
On a permanent contract1

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired
Item2021
Tangible fixed assets€15,280
Depreciation and write-downs of the year€24,579

Source: notes to the 2021 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 49 lines
Balance sheet Code20202021
Assets
Total assets20/58€5.4m€4.8m▼
Formation expenses20€0.001m€0▼
Fixed assets21/28€3.6m€0.1m▼
Intangible fixed assets21€3.5m€0▼
Tangible fixed assets22/27€0.1m€0.1m▼
Furniture and vehicles24-€0.03m
Other tangible fixed assets26-€0.07m
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€1.9m€4.7m▲
Amounts receivable within one year40/41€1.7m€4.7m▲
Trade receivables40-€4.7m
Other amounts receivable41-€0.03m
Cash at bank and in hand54/58€0.2m€0.004m▼
Deferred charges and accrued income490/1-€0.006m
Equity and liabilities
Total equity and liabilities10/49€5.4m€4.8m▼
Equity10/15€1.7m-€2.2m▼
Contributions10/11-€2.5m
Profit (loss) carried forward14-€0.8m-€4.7m▼
Amounts payable17/49€3.7m€7.1m▲
Amounts payable after more than one year17€3.5m€6.4m▲
Financial debts170/4-€6.4m
Amounts payable within one year42/48€0.2m€0.6m▲
Financial debts43-€0.006m
Credit institutions430/8-€0.006m
Trade debts44€0.2m€0.3m▲
Suppliers440/4-€0.3m
Taxes, remuneration and social security45-€0.02m
Taxes450/3-€0.002m
Remuneration and social security454/9-€0.01m
Other amounts payable47/48-€0.4m
Accrued charges and deferred income492/3-€0.07m
Income statement Code20202021
Non-recurring operating income76A-€0.002m
Remuneration, social security and pensions62-€0.06m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.7m€0.02m▼
Other operating charges640/8-€0.001m
Non-recurring operating charges66A-€3.5m
Gross operating margin9900€0.9m-€0.006m▼
Operating profit (loss)9901€0.1m-€3.6m▼
Financial income75/76B-€0.001m
Recurring financial income75€10€0.001m▲
Financial charges65/66B-€0.4m
Recurring financial charges65€0.001m€0.4m▲
Profit (loss) for the period before taxes9903€0.1m-€3.9m▼
Income taxes67/77€0€0▼
Profit (loss) for the period9904€0.1m-€3.9m▼
Profit (loss) for the period to be appropriated9905€0.1m-€3.9m▼
Appropriation of the result
Profit (loss) to be appropriated9906--€4.7m
Profit (loss) brought forward from the previous period14P--€0.8m
Social balance sheet
Average headcount (FTE)9087-1.0

The notes to these accounts have 15 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 30-08-2022.

Line201920202021Change
Non-recurring operating income76A--€0.002m-
Remuneration, social security and pensions62--€0.06m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.7m€0.02m▼ 96.4%
Other operating charges640/8--€0.001m-
Non-recurring operating charges66A--€3.5m-
Gross operating margin9900-€0.4m€0.9m-€0.006m-
Operating profit (loss)9901-€0.9m€0.1m-€3.6m-
Financial income75/76B--€0.001m-
Recurring financial income75€11€10€0.001m▲ 82×
Financial charges65/66B--€0.4m-
Recurring financial charges65€308€0.001m€0.4m▲ 285×
Profit (loss) for the period before taxes9903-€0.9m€0.1m-€3.9m-
Income taxes67/77€3€0€0▼ 100%
Profit (loss) for the period9904-€0.9m€0.1m-€3.9m-
Profit (loss) for the period to be appropriated9905-€0.9m€0.1m-€3.9m-
Line201920202021Change
Assets
Total assets20/58€2.6m€5.4m€4.8m▼ 11.2%
Formation expenses20-€0.001m€0▼ 100%
Fixed assets21/28€2.3m€3.6m€0.1m▼ 97.2%
Intangible fixed assets21€2.2m€3.5m€0▼ 100%
Tangible fixed assets22/27€0.1m€0.1m€0.1m▼ 7.5%
Furniture and vehicles24--€0.03m-
Other tangible fixed assets26--€0.07m-
Financial fixed assets28€0.001m€0.001m€0.001m=
Current assets29/58€0.3m€1.9m€4.7m▲ 155%
Amounts receivable within one year40/41€0.1m€1.7m€4.7m▲ 185%
Trade receivables40--€4.7m-
Other amounts receivable41--€0.03m-
Cash at bank and in hand54/58€0.2m€0.2m€0.004m▼ 98.1%
Deferred charges and accrued income490/1--€0.006m-
Equity and liabilities
Total equity and liabilities10/49€2.6m€5.4m€4.8m▼ 11.2%
Equity10/15€1.6m€1.7m-€2.2m-
Contributions10/11€2.5m-€2.5m-
Profit (loss) carried forward14-€0.9m-€0.8m-€4.7m▼ 523%
Amounts payable17/49€1.0m€3.7m€7.1m▲ 89.7%
Amounts payable after more than one year17€0.8m€3.5m€6.4m▲ 82.4%
Financial debts170/4--€6.4m-
Amounts payable within one year42/48€0.2m€0.2m€0.6m▲ 204%
Financial debts43--€0.006m-
Credit institutions430/8--€0.006m-
Trade debts44€0.2m€0.2m€0.3m▲ 27.4%
Suppliers440/4--€0.3m-
Taxes, remuneration and social security45--€0.02m-
Taxes450/3--€0.002m-
Remuneration and social security454/9--€0.01m-
Other amounts payable47/48--€0.4m-
Accrued charges and deferred income492/3--€0.07m-
Line201920202021Change
Profit (loss) for the period9904-€0.9m€0.1m-€3.9m-
+ Depreciation and write-downs630€0.3m€0.7m€0.02m▼ 96.4%
Operating cash flow (approximation)-€0.6m€0.8m-€3.9m-
Investment in fixed assets (approximation)--€2.0m€3.5m-
Change in cash-€0.02m-€0.2m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2021 full format 30-08-2022 2022-20363819 PDF
31-12-2020 full format 30-11-2021 2021-79400476 PDF
31-12-2019 full format 25-11-2020 2020-73700079 PDF