Talkpool
Open bankruptcyFinancials · financial year 2021, full format
Turnover
€834,330▼ 1.1%
2020 · €843,791
EBIT margin
4.5%▲ 5.9pp
2020 · -1.4%
Net result
€34,683
2020 · -€13,573
Working capital
€55,979▲ 234%
2020 · €16,778
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result returns to profit in 2021: €37,334 after a loss of €12,063 in 2020, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.8m
2021
Operating result€0.04m
2021
Net result€0.03m
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.3m
2021
Equity€0.06m
2021
Debt€0.3m
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.06m
2021
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin4.5%
2021
Return on assets (ROA)10.4%
2021
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency18.2%
2021
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.21
2021
Average staff in full-time equivalents (FTE).
Staff (FTE)9.6
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€1.4m-€0.9m▼ 31.3%€0.8m▼ 9.7%€0.8m▼ 1.1%
Operating result-€0.07m--€0.1m▼ 54.4%-€0.01m▲ 89.4%€0.04m
Net result-€0.08m--€0.1m▼ 51.2%-€0.01mbelow the sector's middle half▲ 88.2%€0.03mwithin the sector's middle half
EBIT margin-5.4%--12.2%▼ 6.7pp-1.4%▲ 10.7pp4.5%▲ 5.9pp
Equity€0.2m-€0.04m▼ 74.3%€0.03mbelow the sector's middle half▼ 34.1%€0.06mbelow the sector's middle half▲ 132%
Total assets€0.5m-€0.4m▼ 11.5%€0.3mbelow the sector's middle half▼ 20.1%€0.3mbelow the sector's middle half▲ 5.1%
Debt€0.3m-€0.4m▲ 21.5%€0.3m▼ 18.5%€0.3m▼ 6.3%
Working capital€0.1m-€0.02m▼ 82.5%€0.02mbelow the sector's middle half▼ 31.3%€0.06mbelow the sector's middle half▲ 234%
Solvency34.4%-10.0%▼ 24.4pp8.2%below the sector's middle half▼ 1.8pp18.2%below the sector's middle half▲ 10.0pp
Current ratio1.48-1.07▼ 0.411.06below the sector's middle half▼ 0.011.21within the sector's middle half▲ 0.15
Return on assets (ROA)-16.9%--28.9%▼ 12.0pp-4.3%below the sector's middle half▲ 24.6pp10.4%within the sector's middle half▲ 14.6pp
Staff (FTE)11.8-11.6▼ 1.7%10.5within the sector's middle half▼ 9.5%9.6within the sector's middle half▼ 8.6%
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €335,033
Fixed assets
€6,404 ▼ 41.4%
Current assets
€328,630 ▲ 6.8%
Equity and liabilities €335,033
Equity
€60,884 ▲ 132%
Debt
€274,149 ▼ 6.3%
Debt's share of the balance-sheet total falls from 91.8% to 81.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,852▲
2020 · -€4,956
Cash flow
€39,201▲
2020 · -€6,466
Quick ratio
1.08▲
2020 · 0.91
Debt to equity
4.50
ROE
57.0%▲
2020 · -51.8%
Interest coverage
15.73▲
2020 · -2.60
Debt ≤ 1 year
€272,651▼
2020 · €290,992
Income taxes
€167▼
2020 · €228
Staff costs
€543,002
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 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.8m | - |
| Turnover70 | €1.4m | €0.9m | €0.8m | €0.8m | ▼ 1.1% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | -€300 | - |
| Other operating income74 | - | - | - | €0.006m | - |
| Non-recurring operating income76A | - | - | - | €0.003m | - |
| Operating charges60/66A | - | - | - | €0.8m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.07m | - |
| Purchases600/8 | - | - | - | €0.07m | - |
| Change in stocks: decrease (increase)609 | - | - | - | €0.002m | - |
| Services and other goods61 | - | - | - | €0.2m | - |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.01m | €0.01m | €0.007m | €0.005m | ▼ 36.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.004m | - |
| Other operating charges640/8 | - | - | - | €0.009m | - |
| Operating profit (loss)9901 | -€0.07m | -€0.1m | -€0.01m | €0.04m | - |
| Financial income75/76B | - | - | - | €0.002m | - |
| Recurring financial income75 | €0.003m | €0.005m | €0.003m | €0.002m | ▼ 29.5% |
| Income from current assets751 | - | - | - | €0.002m | - |
| Financial charges65/66B | - | - | - | €0.005m | - |
| Recurring financial charges65 | €0.005m | €0.006m | €0.004m | €0.005m | ▲ 6.4% |
| Debt charges650 | €0.002m | €0.002m | €0.002m | €0.003m | ▲ 39.6% |
| Other financial charges652/9 | - | - | - | €0.002m | - |
| Profit (loss) for the period before taxes9903 | -€0.08m | -€0.1m | -€0.01m | €0.03m | - |
| Income taxes67/77 | €124 | €136 | €228 | €167 | ▼ 26.6% |
| Taxes670/3 | - | - | - | €167 | - |
| Profit (loss) for the period9904 | -€0.08m | -€0.1m | -€0.01m | €0.03m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.08m | -€0.1m | -€0.01m | €0.03m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €450,423 | €398,771 | €318,691 | €335,033 | ▲ 5.1% |
| Fixed assets21/28 | €16,000 | €18,029 | €10,922 | €6,404 | ▼ 41.4% |
| Tangible fixed assets22/27 | €13,500 | €15,529 | €8,422 | €3,904 | ▼ 53.6% |
| Plant, machinery and equipment23 | - | - | - | €3,904 | - |
| Financial fixed assets28 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Other financial fixed assets284/8 | - | - | - | €2,500 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €2,500 | - |
| Current assets29/58 | €434,423 | €380,742 | €307,770 | €328,630 | ▲ 6.8% |
| Amounts receivable after more than one year29 | - | - | - | €55,000 | - |
| Trade receivables290 | - | - | - | €55,000 | - |
| Stocks and contracts in progress3 | €43,514 | €40,006 | €41,987 | €35,032 | ▼ 16.6% |
| Stocks30/36 | - | - | - | €35,032 | - |
| Raw materials and consumables30/31 | - | - | - | €35,032 | - |
| Amounts receivable within one year40/41 | €162,517 | €133,926 | €120,612 | €91,687 | ▼ 24.0% |
| Trade receivables40 | - | - | - | €88,713 | - |
| Other amounts receivable41 | - | - | - | €2,974 | - |
| Cash at bank and in hand54/58 | €124,115 | €59,837 | €59,322 | €129,783 | ▲ 119% |
| Deferred charges and accrued income490/1 | - | - | - | €17,128 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €450,423 | €398,771 | €318,691 | €335,033 | ▲ 5.1% |
| Equity10/15 | €155,050 | €39,775 | €26,202 | €60,884 | ▲ 132% |
| Contributions10/11 | €86,500 | €86,500 | €86,500 | €86,500 | = |
| Capital10 | - | - | - | €86,500 | - |
| Issued capital100 | - | - | - | €86,500 | - |
| Reserves13 | €64,357 | €64,357 | €64,357 | €64,357 | = |
| Non-distributable reserves130/1 | - | - | - | €64,357 | - |
| Legal reserve130 | - | - | - | €64,357 | - |
| Profit (loss) carried forward14 | €4,193 | -€111,082 | -€124,655 | -€89,972 | ▲ 27.8% |
| Amounts payable17/49 | €295,373 | €358,996 | €292,490 | €274,149 | ▼ 6.3% |
| Amounts payable within one year42/48 | €294,411 | €356,306 | €290,992 | €272,651 | ▼ 6.3% |
| Financial debts43 | - | - | - | €150,000 | - |
| Other loans439 | - | - | - | €150,000 | - |
| Trade debts44 | €65,611 | €99,987 | €62,095 | €41,423 | ▼ 33.3% |
| Suppliers440/4 | - | - | - | €41,423 | - |
| Taxes, remuneration and social security45 | - | - | - | €81,228 | - |
| Taxes450/3 | - | - | - | €167 | - |
| Remuneration and social security454/9 | - | - | - | €81,060 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,498 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€76,247 | -€115,275 | -€13,573 | €34,683 | - |
| + Depreciation and write-downs630 | €11,871 | €13,525 | €7,107 | €4,518 | ▼ 36.4% |
| Operating cash flow (approximation) | -€64,377 | -€101,750 | -€6,466 | €39,201 | - |
| Investment in fixed assets (approximation) | - | -€15,554 | €0 | €0 | - |
| Change in cash | - | -€64,277 | -€515 | €70,461 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | full format | 07-07-2022 | 2022-20181420 |
| 31-12-2020 | full format | 23-06-2021 | 2021-26400258 |
| 31-12-2019 | full format | 12-07-2020 | 2020-31000308 |
| 31-12-2018 | full format | 10-07-2019 | 2019-31600554 |
| 31-12-2017 | full format | 05-07-2018 | 2018-28400001 |
| 31-12-2016 | full format | 02-08-2017 | 2017-41300095 |
| 31-12-2015 | full format | 29-07-2016 | 2016-38200098 |
| 31-12-2014 | full format | 07-10-2015 | 2015-64500328 |
| 31-12-2013 | full format | 26-06-2014 | 2014-24800263 |
| 31-12-2012 | full format | 13-08-2013 | 2013-42800494 |
Similar companies · same sector, comparable size
AXYO
BE 0777.625.343
Nivelles · equity €60,938
WANKO
BE 0473.397.612
Turnhout · equity €60,970
FUMEX
BE 0770.301.348
Schelle · equity €61,061
INKETO
BE 0781.328.862
Hasselt · equity €60,678
Wolec
BE 0400.666.220
Zaventem · equity €61,152
Of the 964 active companies whose main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431), figures are known for 694. 423 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2024 · 4 entries · €1,475 awarded · €1,475 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €1,246 |
| 2023 | 2 | €1,246 | €22 |
| 2022 | 1 | €229 | €207 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.