SOCAPI
InactiveFinancials · financial year 2023, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,121
2022 · €4,631
Working capital
€118,053▲ 10.3%
2022 · €107,005
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result turns negative in 2023: a loss of €79 after €11,142 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€79
2023
Net result-€0.005m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2023
Equity€1.0m
2023
Debt€0.006m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€0.007m--€0.003m-€0.2m▼ 7,804%€0.01m-€79
Net result€0.07m-€0.04m▼ 44.4%-€0.2m€0.005m-€0.005m
Equity€0.3m-€0.3m▲ 12.4%€1.0m▲ 192%€1.0m▲ 0.5%€1.0m▼ 0.5%
Total assets€0.5m-€0.4m▼ 2.9%€1.0m▲ 124%€1.0m▲ 1.2%€1.0m▼ 1.2%
Debt€0.2m-€0.1m▼ 32.4%€0.005m▼ 94.8%€0.01m▲ 141%€0.006m▼ 55.2%
Working capital-€0.1m--€0.06m▲ 38.6%€0.1m€0.1m▼ 1.6%€0.1m▲ 10.3%
Staff (FTE)1-1=1=0▼ 100%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €992,792
Fixed assets
€868,823 ▼ 1.8%
Current assets
€123,969 ▲ 3.1%
Equity and liabilities €992,792
Equity
€986,876 ▼ 0.5%
Debt
€5,916 ▼ 55.2%
Debt's share of the balance-sheet total falls from 1.3% to 0.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€22,090▼
2022 · €31,026
Cash flow
€17,048▼
2022 · €24,516
Current ratio
20.95▲
2022 · 9.10
Debt to equity
0.01▼
2022 · 0.01
ROE
-0.5%▼
2022 · 0.5%
ROA
-0.5%▼
2022 · 0.5%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€5,916▼
2022 · €13,215
Income taxes
€4,998▼
2022 · €6,465
Staff costs
€0▲
2022 · -€1,193
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €25,000 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €27,222 | -€1,193 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94 | - | €11,353 | €19,884 | €22,168 | ▲ 11.5% |
| Other operating charges640/8 | - | - | €31,638 | €15,936 | €16,911 | ▲ 6.1% |
| Non-recurring operating charges66A | - | - | €245,000 | €0 | - | - |
| Gross operating margin9900 | €60,136 | €41,891 | €101,876 | €45,770 | €39,000 | ▼ 14.8% |
| Operating profit (loss)9901 | €7,462 | -€2,699 | -€213,337 | €11,142 | -€79 | - |
| Financial income75/76B | - | - | €11 | €0 | €52 | - |
| Recurring financial income75 | €60,000 | €40,000 | €11 | €0 | €52 | - |
| Financial charges65/66B | - | - | €270 | €46 | €96 | ▲ 110% |
| Recurring financial charges65 | €39 | €39 | €270 | €46 | €96 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €67,423 | €37,262 | -€213,596 | €11,096 | -€122 | - |
| Income taxes67/77 | €426 | - | €4,750 | €6,465 | €4,998 | ▼ 22.7% |
| Profit (loss) for the period9904 | €66,997 | €37,262 | -€218,346 | €4,631 | -€5,121 | - |
| Profit (loss) for the period to be appropriated9905 | €66,997 | €37,262 | -€218,346 | €4,631 | -€5,121 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €0.4m | €1.0m | €1.0m | €1.0m | ▼ 1.2% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.9m | €0.9m | €0.9m | ▼ 1.8% |
| Tangible fixed assets22/27 | €0.02m | €0.02m | €0.9m | €0.9m | €0.9m | ▼ 1.8% |
| Land and buildings22 | - | - | €0.9m | €0.9m | €0.9m | ▼ 2.4% |
| Furniture and vehicles24 | - | - | - | - | €0.005m | - |
| Financial fixed assets28 | €0.4m | €0.4m | €0 | - | - | - |
| Current assets29/58 | €0.06m | €0.05m | €0.1m | €0.1m | €0.1m | ▲ 3.1% |
| Stocks and contracts in progress3 | €0.001m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.1m | €0.1m | €0.03m | ▼ 77.8% |
| Trade receivables40 | - | - | €341 | €0 | €0.02m | - |
| Other amounts receivable41 | - | - | €0.1m | €0.1m | €0.008m | ▼ 93.2% |
| Current investments50/53 | €0.04m | €0.03m | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.001m | €0.001m | €0.003m | €0.004m | €0.1m | ▲ 2,350% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €0.4m | €1.0m | €1.0m | €1.0m | ▼ 1.2% |
| Equity10/15 | €0.3m | €0.3m | €1.0m | €1.0m | €1.0m | ▼ 0.5% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Capital10 | - | - | €0.07m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | €0.07m | €0.07m | €0.07m | = |
| Revaluation surpluses12 | - | - | €0.9m | €0.8m | €0.8m | ▼ 2.2% |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 9.9% |
| Non-distributable reserves130/1 | - | - | €0.2m | €0.2m | €0.007m | ▼ 95.9% |
| Legal reserve130 | - | - | €0.007m | €0.007m | €0.007m | = |
| Reserves not available under the articles1311 | - | - | €0.2m | €0.2m | - | - |
| Tax-exempt reserves132 | - | - | - | - | €0.2m | - |
| Distributable reserves133 | - | - | €0.01m | €0.03m | €0.05m | ▲ 62.0% |
| Profit (loss) carried forward14 | €0.08m | €0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 5.2% |
| Amounts payable17/49 | €0.2m | €0.1m | €0.005m | €0.01m | €0.006m | ▼ 55.2% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.005m | €0.01m | €0.006m | ▼ 55.2% |
| Trade debts44 | €0.004m | €381 | €0 | €0.001m | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €0 | €0.001m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €0.005m | €0.01m | €0.006m | ▼ 51.2% |
| Taxes450/3 | - | - | €0.005m | €0.01m | €0.006m | ▼ 51.2% |
| Remuneration and social security454/9 | - | - | €0.001m | €0 | - | - |
| Other amounts payable47/48 | - | - | €0 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,997 | €37,262 | -€218,346 | €4,631 | -€5,121 | - |
| + Depreciation and write-downs630 | €94 | - | €11,353 | €19,884 | €22,168 | ▲ 11.5% |
| Operating cash flow (approximation) | €67,091 | €37,262 | -€206,993 | €24,516 | €17,048 | ▼ 30.5% |
| Investment in fixed assets (approximation) | - | €0 | -€492,690 | -€26,230 | -€6,000 | ▲ 77.1% |
| Change in cash | - | €443 | €1,409 | €1,298 | €94,133 | ▲ 7,155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 03-07-2024 | 2024-00213599 |
| 31-12-2022 | full format | 04-07-2023 | 2023-00210708 |
| 31-12-2021 | full format | 13-07-2022 | 2022-20209254 |
| 30-06-2020 | full format | 18-12-2020 | 2020-76100544 |
| 30-06-2019 | full format | 29-11-2019 | 2019-74800499 |
| 30-06-2018 | full format | 30-11-2018 | 2018-73400180 |
| 30-06-2017 | full format | 05-01-2018 | 2018-00600370 |
| 30-06-2016 | full format | 30-11-2016 | 2016-69000504 |
| 30-06-2015 | full format | 22-12-2015 | 2015-70400327 |
| 30-06-2014 | full format | 09-12-2014 | 2014-68700244 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.