SOBEDEC
InactiveFinancials · financial year 2023, micro format
Annual accounts 2023 filed on 21-05-2024 PDF all 43 filings
Equity
-€35,941▼ 15.5%
2022 · -€31,120
Total assets
€25,337▼ 2.7%
2022 · €26,052
Net result
-€4,820▼ 1.0%
2022 · -€4,770
Working capital
-€61,212▼ 7.1%
2022 · -€57,169
Multi-year overview
2018 to 2023, 6 financial yearsOperating result
-€4,820
▼ 3.5%
2023
20182023
Net result
-€4,820
▼ 1.0%
2023
20182023
Equity
-€35,941
▼ 15.5%
2023
20182023
Total assets
€25,337
▼ 2.7%
2023
20182023
Debt
€61,278
▲ 7.2%
2023
20182023
Working capital
-€61,212
▼ 7.1%
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€1,984--€4,453▼ 124%-€4,492▼ 0.9%-€4,943▼ 10.0%-€4,656▲ 5.8%-€4,820▼ 3.5%
Net result-€2,117--€4,614▼ 118%-€4,632▼ 0.4%-€5,097▼ 10.0%-€4,770▲ 6.4%-€4,820▼ 1.0%
Equity-€12,008--€16,622▼ 38.4%-€21,253▼ 27.9%-€26,350▼ 24.0%-€31,120▼ 18.1%-€35,941▼ 15.5%
Total assets€29,420-€28,447▼ 3.3%€27,605▼ 3.0%€27,711▲ 0.4%€26,052▼ 6.0%€25,337▼ 2.7%
Debt€41,428-€45,069▲ 8.8%€48,858▲ 8.4%€54,061▲ 10.6%€57,172▲ 5.8%€61,278▲ 7.2%
Working capital-€41,167--€45,004▼ 9.3%-€48,802▼ 8.4%-€53,107▼ 8.8%-€57,169▼ 7.6%-€61,212▼ 7.1%
The operating result for 2023 is a loss of €4,820, larger than the loss of €4,656 in 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €25,337
Fixed assets
€25,271 ▼ 3.0%
Current assets
€66 ▲ 24×
Equity and liabilities
Equity-€35,941
Debt€61,278
Equity is negative. Debt (€61,278) exceeds the balance-sheet total (€25,337).
Key figures and ratios
EBITDA
-€4,043▼
2022 · -€3,878
Cash flow
-€4,043▼
2022 · -€3,993
Solvency
-141.8%▼
2022 · -119.5%
Current ratio
0.00▲
2022 · 0.00
ROA
-19.0%▼
2022 · -18.3%
Debt ≤ 1 year
€61,278▲
2022 · €57,172
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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €778 | €778 | €778 | €778 | €778 | €778 | = |
| Other operating charges640/8 | - | - | - | €1,878 | €1,849 | €1,736 | ▼ 6.1% |
| Gross operating margin9900 | €366 | -€1,982 | -€1,906 | -€2,288 | -€2,029 | -€2,306 | ▼ 13.7% |
| Operating profit (loss)9901 | -€1,984 | -€4,453 | -€4,492 | -€4,943 | -€4,656 | -€4,820 | ▼ 3.5% |
| Financial charges65/66B | - | - | - | €154 | €115 | - | - |
| Recurring financial charges65 | €133 | €161 | €139 | €154 | €115 | - | - |
| Profit (loss) for the period before taxes9903 | -€2,117 | -€4,614 | -€4,632 | -€5,097 | -€4,770 | -€4,820 | ▼ 1.0% |
| Profit (loss) for the period9904 | -€2,117 | -€4,614 | -€4,632 | -€5,097 | -€4,770 | -€4,820 | ▼ 1.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,117 | -€4,614 | -€4,632 | -€5,097 | -€4,770 | -€4,820 | ▼ 1.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €29,420 | €28,447 | €27,605 | €27,711 | €26,052 | €25,337 | ▼ 2.7% |
| Fixed assets21/28 | €29,160 | €28,382 | €27,604 | €26,826 | €26,049 | €25,271 | ▼ 3.0% |
| Tangible fixed assets22/27 | €29,160 | €28,382 | €27,604 | €26,826 | €26,049 | €25,271 | ▼ 3.0% |
| Land and buildings22 | - | - | - | €26,826 | €26,049 | €25,271 | ▼ 3.0% |
| Current assets29/58 | €260 | €65 | €1 | €885 | €3 | €66 | ▲ 24× |
| Cash at bank and in hand54/58 | €260 | €65 | €1 | €885 | €3 | €66 | ▲ 24× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €29,420 | €28,447 | €27,605 | €27,711 | €26,052 | €25,337 | ▼ 2.7% |
| Equity10/15 | -€12,008 | -€16,622 | -€21,253 | -€26,350 | -€31,120 | -€35,941 | ▼ 15.5% |
| Contributions10/11 | €24,789 | €24,789 | - | €24,789 | €24,789 | €24,789 | = |
| Capital10 | - | - | - | - | - | €24,789 | - |
| Issued capital100 | - | - | - | - | - | €24,789 | - |
| Reserves13 | €2,479 | €2,479 | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Non-distributable reserves130/1 | - | - | - | €2,479 | €2,479 | €2,479 | = |
| Legal reserve130 | - | - | - | - | - | €2,479 | - |
| Reserves not available under the articles1311 | - | - | - | €2,479 | €2,479 | - | - |
| Profit (loss) carried forward14 | -€39,276 | -€43,890 | -€48,521 | -€53,618 | -€58,389 | -€63,209 | ▼ 8.3% |
| Amounts payable17/49 | €41,428 | €45,069 | €48,858 | €54,061 | €57,172 | €61,278 | ▲ 7.2% |
| Amounts payable within one year42/48 | €41,428 | €45,069 | €48,803 | €53,991 | €57,172 | €61,278 | ▲ 7.2% |
| Trade debts44 | €1,000 | €1,000 | €1,000 | €1,931 | €1,100 | €3,206 | ▲ 191% |
| Suppliers440/4 | - | - | - | €1,931 | €1,100 | €3,206 | ▲ 191% |
| Other amounts payable47/48 | - | - | - | €52,060 | €56,072 | €58,072 | ▲ 3.6% |
| Accrued charges and deferred income492/3 | - | - | - | €70 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,117 | -€4,614 | -€4,632 | -€5,097 | -€4,770 | -€4,820 | ▼ 1.0% |
| + Depreciation and write-downs630 | €778 | €778 | €778 | €778 | €778 | €778 | = |
| Operating cash flow (approximation) | -€1,339 | -€3,836 | -€3,854 | -€4,319 | -€3,993 | -€4,043 | ▼ 1.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€195 | -€64 | €884 | -€882 | €64 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 21-05-2024 | 2024-00094774 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00268145 | |
| 31-12-2021 | micro format | 02-06-2022 | 2022-20050108 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-22700004 | |
| 31-12-2019 | micro format | 18-08-2020 | 2020-42500067 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-36000539 | |
| 31-12-2017 | micro format | 29-10-2018 | 2018-70600417 | |
| 31-12-2016 | full format | 25-08-2017 | 2017-48500510 | |
| 31-12-2015 | full format | 26-04-2017 | 2017-10200454 | |
| 31-12-2014 | full format | 03-03-2017 | 2017-05800351 |