TALENT'
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-06-2023, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2022
58 d late
2021
25 d early
2020
67 d early
2019
30 d early
2018
37 d early
2017
11 d early
2016
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€165,104▼ 12.2%
2021 · €187,959
Total assets
€695,414▼ 18.3%
2021 · €851,130
Net result
-€22,855▼ 2,476%
2021 · -€887
Working capital
€12,196
2021 · -€5,260
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€113,442-€90,570▼ 20.2%€39,167▼ 56.8%€31,786▼ 18.8%-€11,916
Net result€97,607-€71,313▼ 26.9%€10,928▼ 84.7%-€887-€22,855▼ 2,476%
Equity€334,553-€405,866▲ 21.3%€415,195▲ 2.3%€187,959▼ 54.7%€165,104▼ 12.2%
Total assets€1.1m-€1.1m▲ 0.3%€1.1m▼ 4.3%€851,130▼ 19.0%€695,414▼ 18.3%
Debt€760,543-€692,037▼ 9.0%€635,827▼ 8.1%€663,171▲ 4.3%€530,310▼ 20.0%
Working capital€144,091-€164,515▲ 14.2%€183,120▲ 11.3%-€5,260€12,196
Staff (FTE)3-2.5▼ 16.7%1.3▼ 48.0%1.8▲ 38.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €11,916 after €31,786 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €695,414
Fixed assets
€640,194 ▼ 5.9%
Current assets
€55,220 ▼ 67.6%
Equity and liabilities €695,414
Equity
€165,104 ▼ 12.2%
Debt
€530,310 ▼ 20.0%
Debt's share of the balance-sheet total falls from 77.9% to 76.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28,395▼
2021 · €85,534
Cash flow
€17,456▼
2021 · €52,861
Current ratio
1.28▲
2021 · 0.97
Debt to equity
3.21▼
2021 · 3.53
ROE
-13.8%▼
2021 · -0.5%
ROA
-3.3%▼
2021 · -0.1%
Interest coverage
2.60▼
2021 · 5.44
Debt ≤ 1 year
€43,024▼
2021 · €175,885
Debt > 1 year
€487,286=
2021 · €487,286
Income taxes
€0▼
2021 · €16,950
Staff costs
€568▼
2021 · €58,164
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 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,266 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €58,164 | €568 | ▼ 99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,786 | €62,317 | €73,809 | €53,748 | €40,311 | ▼ 25.0% |
| Other operating charges640/8 | - | - | - | €59,258 | - | - |
| Non-recurring operating charges66A | - | - | - | €56,024 | €0 | ▼ 100% |
| Gross operating margin9900 | €270,262 | €320,486 | €167,233 | €258,980 | €28,962 | ▼ 88.8% |
| Operating profit (loss)9901 | €113,442 | €90,570 | €39,167 | €31,786 | -€11,916 | ▼ 137% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | €146 | €0 | €317 | €1 | - | - |
| Financial charges65/66B | - | - | - | €15,724 | €10,939 | ▼ 30.4% |
| Recurring financial charges65 | €8,610 | €18,854 | €17,656 | €15,724 | €10,939 | ▼ 30.4% |
| Profit (loss) for the period before taxes9903 | €104,979 | €71,716 | €21,828 | €16,063 | -€22,855 | ▼ 242% |
| Income taxes67/77 | €7,372 | €403 | €10,900 | €16,950 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €97,607 | €71,313 | €10,928 | -€887 | -€22,855 | ▼ 2,476% |
| Profit (loss) for the period to be appropriated9905 | €97,607 | €71,313 | €10,928 | -€887 | -€22,855 | ▼ 2,476% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €851,130 | €695,414 | ▼ 18.3% |
| Fixed assets21/28 | €834,880 | €826,797 | €770,632 | €680,505 | €640,194 | ▼ 5.9% |
| Intangible fixed assets21 | - | €69,575 | €56,682 | €41,745 | €31,309 | ▼ 25.0% |
| Tangible fixed assets22/27 | €834,880 | €757,222 | €713,950 | €638,760 | €608,885 | ▼ 4.7% |
| Land and buildings22 | - | - | - | €170,760 | €162,822 | ▼ 4.6% |
| Leasing and similar rights25 | - | - | - | €468,000 | €446,063 | ▼ 4.7% |
| Current assets29/58 | €260,216 | €271,106 | €280,389 | €170,625 | €55,220 | ▼ 67.6% |
| Amounts receivable within one year40/41 | €68,008 | €94,228 | €66,820 | €118,014 | €44,800 | ▼ 62.0% |
| Trade receivables40 | - | - | - | €107,707 | €27,194 | ▼ 74.8% |
| Other amounts receivable41 | - | - | - | €10,307 | €17,606 | ▲ 70.8% |
| Cash at bank and in hand54/58 | €179,742 | €173,304 | €210,207 | €47,776 | €7,430 | ▼ 84.4% |
| Deferred charges and accrued income490/1 | - | - | - | €4,835 | €2,990 | ▼ 38.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €851,130 | €695,414 | ▼ 18.3% |
| Equity10/15 | €334,553 | €405,866 | €415,195 | €187,959 | €165,104 | ▼ 12.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €8,460 | €8,460 | = |
| Reserves13 | €315,467 | €386,780 | €396,595 | €179,499 | €156,644 | ▼ 12.7% |
| Non-distributable reserves130/1 | - | - | - | €846 | €846 | = |
| Reserves not available under the articles1311 | - | - | - | €846 | €846 | = |
| Distributable reserves133 | - | - | - | €178,653 | €155,798 | ▼ 12.8% |
| Profit (loss) carried forward14 | €487 | €487 | €487 | - | - | - |
| Amounts payable17/49 | €760,543 | €692,037 | €635,827 | €663,171 | €530,310 | ▼ 20.0% |
| Amounts payable after more than one year17 | €642,856 | €585,445 | €537,763 | €487,286 | €487,286 | = |
| Financial debts170/4 | - | - | - | €487,286 | €487,286 | = |
| Amounts payable within one year42/48 | €116,124 | €106,592 | €97,270 | €175,885 | €43,024 | ▼ 75.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €40,373 | €10,238 | ▼ 74.6% |
| Trade debts44 | €15,995 | €4,759 | €13,469 | €11,179 | €3,978 | ▼ 64.4% |
| Suppliers440/4 | - | - | - | €11,179 | €3,978 | ▼ 64.4% |
| Taxes, remuneration and social security45 | - | - | - | €243 | - | - |
| Remuneration and social security454/9 | - | - | - | €243 | - | - |
| Other amounts payable47/48 | - | - | - | €124,089 | €28,808 | ▼ 76.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,607 | €71,313 | €10,928 | -€887 | -€22,855 | ▼ 2,476% |
| + Depreciation and write-downs630 | €57,786 | €62,317 | €73,809 | €53,748 | €40,311 | ▼ 25.0% |
| Operating cash flow (approximation) | €155,393 | €133,631 | €84,738 | €52,861 | €17,456 | ▼ 67.0% |
| Investment in fixed assets (approximation) | - | -€54,234 | -€17,644 | €36,379 | €0 | ▼ 100% |
| Change in cash | - | -€6,438 | €36,903 | -€162,431 | -€40,347 | ▲ 75.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
30-09
Financial
Weakest financial yearnet -€22,855
Net result drops to -€22,855, the lowest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- DENP IMMO
- TALENT'
Highest known parent: DENP IMMO. The sources do not say who stands above it.
Owners 1
- DENP IMMOparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.