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STEERABLE INSTRUMENTS

In bankruptcy Public limited companyfounded 2009Poortakkerstraat 9, 9051 GhentKBO/BCE: BE 0811.209.218
STEERABLE INSTRUMENTS
Financial year 2021
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Annual accounts 2021

abbreviated format, filed on 11-10-2022, 72 days late
-€117,824
▼ €431,597
-€879,894
▼ €375,144
-€905,128
▼ €389,032
-€1.2m
▼ €390,496
16.9%
▼ 37.5 percentage points
0.01
▼ 0.06

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €1.4m on 31-12-2021
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

16.9%

Higher than 22% of 1,673 companies in 2021.

0.01

Lower than 95% of 1,651 companies in 2021.

-62.7%

Lower than 95% of 1,665 companies in 2021.

STEERABLE INSTRUMENTS Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: bottom quarter

Staff

€64,819

Staff costs divided by the average number of full-time equivalents.

-3 people

people who joined people who left

In 2021, nobody joined and 3 people left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 1.4m2.1m2.2m2.2m2.1m1.5m1.4m1.1m666,072547,090551,886597,051
21/28 1.4m2.1m2.1m2.1m1.9m1.4m1.2m967,631469,210385,012402,337391,020
21 1.3m1.9m1.9m1.8m1.5m1.1m859,087620,251439,330371,209384,460389,256
22/27 97,603152,805219,370279,636362,982349,487345,303336,86729,88013,80317,8781,764
22 26,80335,99147,16261,99276,82285,07082,91532,4755,3566,1216,886-
23 57,206100,647153,467199,969262,689256,244258,974301,42224,2547,0889,451-
24 ----3,5878,1723,4142,9712695941,5411,764
26 13,59416,16718,74117,67519,885-------
28 10,58610,58610,57610,57510,54610,54610,53610,513----
29/58 10,01654,90256,25798,062189,61179,821165,051162,758196,862162,078149,549206,031
40/41 5,09911,46136,40728,30323,67335,60361,299124,536125,972112,992104,257150,280
40 --2,4462,4463,79612,2782,44623,60849,60959,34773172,430
41 5,09911,46133,96125,85719,87723,32558,854100,92876,36353,645103,52677,850
50/53 --------14,21046,6244,40255,751
54/58 143,44119,85069,760165,93844,218103,75238,22356,6812,46240,890-
490/1 4,916-----------
Balance sheet: equity and liabilities
10/49 1.4m2.1m2.2m2.2m2.1m1.5m1.4m1.1m666,072547,090551,886597,051
10/15 243,9431.1m-284,8331.8m1.5m930,310722,801689,135471,935534,595513,611508,317
10/11 3.5m3.5m1.5m3.2m2.6m1.8m1.2m856,200506,200506,200506,200506,200
10 3.5m-----------
100 3.5m3.5m1.5m3.2m3.0m1.8m1.5m1.0m518,600518,600518,600518,600
101 ----375,000-312,400162,40012,40012,40012,40012,400
13 3,2183,2183,2183,2183,2183,2183,2183,2183,21828,3952,1691,906
130/1 3,2183,218----------
130 3,2183,2183,2183,2183,2183,2183,2183,2183,2183,2182,1691,906
133 ---------25,177--
14 -3.2m-2.3m-1.8m-1.4m-1.1m-841,508-486,617-170,283-37,483-5,242211
17/49 1.2m964,4562.5m456,912594,627597,818657,177441,254194,13712,49538,27588,734
17 -106,792174,764252,686327,196400,061485,090149,999149,999---
170/4 -106,792174,764252,686327,196400,061485,090149,999149,999---
42/48 1.2m855,0952.3m204,226267,431197,757172,087236,99436,01512,49538,27588,734
42 -67,97267,63874,51072,98171,61364,405-----
43 406,491350,000---------1,306
430/8 406,491350,000---------1,306
44 206,635138,438199,363101,349149,30879,47479,144217,22032,6668,87235,10549,843
440/4 206,635138,438199,363101,349149,30879,47479,144217,22032,6668,87235,10549,843
46 -------7,531----
45 40,29128,18536,58228,36645,14246,67028,53812,2433,3493,6233,1716,985
450/3 12,243-5,7282,2476,5776,0997,5057,6334013,6233,1716,985
454/9 28,04928,18530,85426,11938,56540,57121,0334,6102,948---
47/48 547,287270,5002.0m--------30,600
492/3 -2,569-----54,2618,123---
Income statement
76A --1,359-53,000127,33450,000135,70055,60025,000--
9900 -117,824313,773447,048460,219354,344323,956118,09571,207142,436181,613155,688246,133
62 110,192159,388163,484173,717176,684176,53188,49447,20710,335---
630 623,994651,244640,583576,430473,847492,650378,899287,616251,715186,405153,647212,919
640/8 27,8847,8921,0014,1009951,6399932,3711,5221,431589281
9901 -879,894-504,751-358,020-294,028-297,183-346,863-350,291-265,987-121,137-6,2231,45132,934
75/76B -10150-77328954603,3612,4444,0496,298
75 -10150-77328954603,3612,4444,0496,298
65/66B 25,23411,4443,3385,5637,1398,35216,1382,9734852372071,115
65 25,23411,4443,3385,5637,1398,35216,1382,9734852372071,115
9903 -905,128-516,094-361,308-299,591-304,245-354,888-316,334-132,800-62,66020,9845,29438,117
67/77 -2---2------
9904 -905,128-516,096-361,308-299,591-304,245-354,890-316,334-132,800-62,66020,9845,29438,117
9905 -905,128-516,096-361,308-299,591-304,245-354,890-316,334-132,800-62,66020,9845,29438,117
Appropriation of the result
9906 -3.2m-2.3m-1.8m-1.4m-1.1m-841,508-486,617-170,283-62,66026,2265,50538,117
14P -2.3m-----------
791/2 --------25,177---
691/2 ---------26,2262631,906
6920 ---------1,0492631,906
6921 ---------25,177--
694/7 -----------36,000
694 -----------36,000
Social balance sheet
9087 1.72.933.2442.31.30.4---
Hours worked1013 2,6014,5114,7465,1656,1646,5084,0612,454593---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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 11-10-2022.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 72 days after the deadline. Filed on 11 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20458852.

Financial year Type Filed Reference Document
31-12-2021 abbreviated format 11-10-2022 2022-20458852 PDF
31-12-2020 abbreviated format 26-11-2021 2021-78600440 PDF
31-12-2019 abbreviated format 01-10-2020 2020-58900397 PDF
31-12-2018 micro format 21-10-2019 2019-71400489 PDF
31-12-2017 micro format 27-08-2018 2018-55600067 PDF
31-12-2016 micro format 31-08-2017 2017-55800513 PDF
31-12-2015 abbreviated format 25-08-2016 2016-47600214 PDF
31-12-2014 abbreviated format 04-08-2015 2015-39600153 PDF
31-12-2013 abbreviated format 29-08-2014 2014-55100384 PDF
31-12-2012 abbreviated format 31-08-2013 2013-55800578 PDF
31-12-2011 abbreviated format 27-09-2012 2012-59300437 PDF
31-12-2010 abbreviated format 31-08-2011 2011-52000016 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202120202019201820172016201520142013201220112010
-255,901146,493282,563282,402176,664145,78728,60821,629130,579180,183155,099245,852
-281,135135,148279,275276,839169,602137,76062,564154,816189,055207,390158,941251,035
0572,602642,516805,673931,621726,031626,194788,337335,913169,080164,965603,088
-43,44023,591-49,910-96,178121,720-59,53465,530-18,45854,218-38,428--
-1.2m-800,193-2.2m-106,163-77,820-117,936-7,035-74,236160,848149,583111,273117,297
16.9%54.4%-13.0%79.5%71.6%60.9%52.4%61.0%70.9%97.7%93.1%85.1%
0.010.060.020.480.710.400.960.695.4712.973.912.32
4.920.84-0.260.400.640.910.640.410.020.070.17
-371.0%-44.9%--16.9%-20.3%-38.1%-43.8%-19.3%-13.3%3.9%1.0%7.5%
-62.7%-24.4%-16.5%-13.4%-14.5%-23.2%-22.9%-11.7%-9.4%3.8%1.0%6.4%
-10.14-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
1.7
Joined0
Left3

Source: social balance sheet in the 2021 annual accounts

Insights on STEERABLE INSTRUMENTS

The operating result for 2021 is a loss of €879,894, larger than the loss of €504,751 in 2020. It is the lowest result since 2010.

Debt's share of the balance-sheet total rises from 45.6% to 83.1%. Equity is lower and debt is higher.

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