Turnover€426k+5.5%
EBIT margin-18.7%+3.9pp
Net result€-111k+37.3%
Working capital€-73k+54.0%
Directors3
Annual accounts & ratios
Source: NBB · 2021Annual accounts filed on 17-02-2023 with the NBB · fiscal year 2021 · volledig
€426k
+5.5%
19–21
€61k
+31.2%
19–21
€-111k
+37.3%
19–21
€29k
—
19–21
€1.09M
+17.7%
19–21
€-75k
+35.2%
19–21
€-73k
+54.0%
19–21
€398
—
19–21
€1.17M
+11.8%
19–21
€304k
+14.3%
19–21
€863k
+10.9%
19–21
0.76
+88.3%
19–21
0.36
+66.9%
19–21
-6.9%
+44.9%
19–21
-15.48
-131.3%
19–21
147.8%
-3.3%
19–21
-10.2%
+46.7%
19–21
-26.2%
+40.6%
19–21
14.3%
+24.3%
19–21
1.59
+3.6%
19–21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Revenue | €426k |
| EBITDA | €61k |
| Net profit | €-111k |
| Cash flow | €29k |
| Staff costs | €398 |
| Income taxes | — |
| Dividends | — |
| Total assets | €1.09M |
| Equity | €-75k |
| Debt | €1.17M |
| of which ≤ 1y | €304k |
| of which > 1y | €863k |
| Working capital | €-73k |
| Employees (FTE) | — |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.76 |
| Quick ratio | 0.36 |
| Working capital ratio | -6.7% |
| Solvency | -6.9% |
| Debt / equity | -15.48 |
| Long-term debt ratio | -11.45 |
| Interest coverage | 1.59 |
| Gross margin | 51.1% |
| Net margin | -26.2% |
| ROA | -10.2% |
| ROE | 147.8% |
| EBITDA margin | 14.3% |
| Days sales outstanding | 23d |
| Days payable outstanding | 247d |
| Inventory turnover | 1.69 |
| Days inventory (DSI) | 215d |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €1.09M |
| Fixed assets | 21/28 | €770k |
| Formation expenses | 20 | €91k |
| Tangible fixed assets | 22/27 | €770k |
| Current assets | 29/58 | €231k |
| Stocks & contracts in progress | 3 | €123k |
| Amounts receivable within one year | 40/41 | €87k |
| Cash & bank | 54/58 | €21k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M |
| Equity | 10/15 | €-75k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-289k |
| Amounts payable | 17/49 | €1.17M |
| Amounts payable after one year | 17 | €863k |
| Amounts payable within one year | 42/48 | €304k |
| Trade debts payable within one year | 44 | €141k |
| Income statement | ||
| Turnover | 70 | €426k |
| Operating result | 9901 | €-80k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €40k |
| Result before taxes | 9903 | €-111k |
| Net result for the period | 9904 | €-111k |
| Result to be appropriated | 9905 | €-111k |
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FY 2021 · computed0
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See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.