Tech'NC Explore
Open bankruptcyFinancials · financial year 2023, micro format
Equity
-€168,178▼ 22.5%
2022 · -€137,246
Total assets
€102,798▼ 21.5%
2022 · €130,949
Net result
-€30,931▲ 43.8%
2022 · -€55,082
Working capital
-€68,139▼ 7.3%
2022 · -€63,517
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €29,915 in 2023 against €35,533 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€29,915
2023
Net result-€30,931
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€102,798
2023
Equity-€168,178
2023
Debt€270,975
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€68,139
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-30.1%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-163.6%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.12
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail 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
Line201820192020202120222023
Operating result€882--€12,227-€19,465▼ 59.2%-€33,312▼ 71.1%-€35,533▼ 6.7%-€29,915▲ 15.8%
Net result€725--€12,628-€19,549below the sector's middle half▼ 54.8%-€34,186below the sector's middle half▼ 74.9%-€55,082below the sector's middle half▼ 61.1%-€30,931below the sector's middle half▲ 43.8%
Equity-€15,802--€28,430▼ 79.9%-€47,979below the sector's middle half▼ 68.8%-€82,164below the sector's middle half▼ 71.3%-€137,246below the sector's middle half▼ 67.0%-€168,178below the sector's middle half▼ 22.5%
Total assets€57,165-€172,311▲ 201%€192,803within the sector's middle half▲ 11.9%€174,166within the sector's middle half▼ 9.7%€130,949within the sector's middle half▼ 24.8%€102,798within the sector's middle half▼ 21.5%
Debt€72,967-€200,741▲ 175%€240,782▲ 19.9%€256,330▲ 6.5%€268,195▲ 4.6%€270,975▲ 1.0%
Working capital-€24,852--€24,792▲ 0.2%-€33,780below the sector's middle half▼ 36.3%-€45,942below the sector's middle half▼ 36.0%-€63,517below the sector's middle half▼ 38.3%-€68,139below the sector's middle half▼ 7.3%
Solvency-27.6%--16.5%▲ 11.1pp-24.9%below the sector's middle half▼ 8.4pp-47.2%below the sector's middle half▼ 22.3pp-104.8%below the sector's middle half▼ 57.6pp-163.6%below the sector's middle half▼ 58.8pp
Current ratio0.66-0.44▼ 0.220.29below the sector's middle half▼ 0.150.27below the sector's middle half▼ 0.020.15below the sector's middle half▼ 0.120.12below the sector's middle half▼ 0.03
Return on assets (ROA)1.3%--7.3%▼ 8.6pp-10.1%below the sector's middle half▼ 2.8pp-19.6%below the sector's middle half▼ 9.5pp-42.1%below the sector's middle half▼ 22.4pp-30.1%below the sector's middle half▲ 12.0pp
Staff (FTE)1within the sector's middle half1=0.5▼ 50.0%
above
within
below
the middle half of NACE 47, Retail 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €102,798
Fixed assets
€93,294 ▼ 22.0%
Current assets
€9,504 ▼ 16.2%
Equity and liabilities
Equity-€168,178
Debt€270,975
Equity is negative: debt (€270,975) exceeds the balance-sheet total (€102,798).
Key figures and ratios
EBITDA
-€12,011▲
2022 · -€16,524
Cash flow
-€13,027▲
2022 · -€36,073
Interest coverage
-11.71▲
2022 · -14.57
Debt ≤ 1 year
€77,642▲
2022 · €74,862
Debt > 1 year
€193,333=
2022 · €193,333
Staff costs
€294▼
2022 · €17,073
No debt to equity: equity is negative, so debt divided by 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 |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €11,358 | €17,073 | €294 | ▼ 98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,150 | €17,294 | €21,352 | €22,023 | €19,009 | €17,904 | ▼ 5.8% |
| Other operating charges640/8 | - | - | - | €491 | €1,710 | €454 | ▼ 73.4% |
| Gross operating margin9900 | €6,000 | €5,511 | €19,004 | €560 | €2,259 | -€11,263 | - |
| Operating profit (loss)9901 | €882 | -€12,227 | -€19,465 | -€33,312 | -€35,533 | -€29,915 | ▲ 15.8% |
| Financial income75/76B | - | - | - | €0 | €83 | €10 | ▼ 88.0% |
| Recurring financial income75 | €0 | - | €140 | €0 | €83 | €10 | ▼ 88.0% |
| Financial charges65/66B | - | - | - | €874 | €19,632 | €1,026 | ▼ 94.8% |
| Recurring financial charges65 | €157 | €401 | €223 | €874 | €1,134 | €1,026 | ▼ 9.5% |
| Non-recurring financial charges66B | - | - | - | - | €18,498 | - | - |
| Profit (loss) for the period before taxes9903 | €725 | -€12,628 | -€19,549 | -€34,186 | -€55,082 | -€30,931 | ▲ 43.8% |
| Profit (loss) for the period9904 | €725 | -€12,628 | -€19,549 | -€34,186 | -€55,082 | -€30,931 | ▲ 43.8% |
| Profit (loss) for the period to be appropriated9905 | €725 | -€12,628 | -€19,549 | -€34,186 | -€55,082 | -€30,931 | ▲ 43.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €57,165 | €172,311 | €192,803 | €174,166 | €130,949 | €102,798 | ▼ 21.5% |
| Fixed assets21/28 | €9,050 | €153,196 | €179,134 | €157,111 | €119,604 | €93,294 | ▼ 22.0% |
| Intangible fixed assets21 | - | €128,520 | €146,856 | €128,952 | €111,048 | €93,144 | ▼ 16.1% |
| Tangible fixed assets22/27 | €8,900 | €24,526 | €32,128 | €28,009 | €8,406 | - | - |
| Plant, machinery and equipment23 | - | - | - | €28,009 | €8,406 | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €48,115 | €19,115 | €13,669 | €17,055 | €11,345 | €9,504 | ▼ 16.2% |
| Stocks and contracts in progress3 | €42,300 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €5,412 | €8,550 | €13,437 | €15,972 | €11,345 | €9,504 | ▼ 16.2% |
| Trade receivables40 | - | - | - | €11,130 | €11,149 | €8,409 | ▼ 24.6% |
| Other amounts receivable41 | - | - | - | €4,842 | €196 | €1,095 | ▲ 458% |
| Cash at bank and in hand54/58 | €403 | €10,565 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,083 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €57,165 | €172,311 | €192,803 | €174,166 | €130,949 | €102,798 | ▼ 21.5% |
| Equity10/15 | -€15,802 | -€28,430 | -€47,979 | -€82,164 | -€137,246 | -€168,178 | ▼ 22.5% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€22,002 | -€34,630 | -€54,179 | -€88,364 | -€143,446 | -€174,378 | ▼ 21.6% |
| Amounts payable17/49 | €72,967 | €200,741 | €240,782 | €256,330 | €268,195 | €270,975 | ▲ 1.0% |
| Amounts payable after more than one year17 | - | €156,834 | €193,333 | €193,333 | €193,333 | €193,333 | = |
| Financial debts170/4 | - | - | - | €193,333 | €193,333 | €193,333 | = |
| Amounts payable within one year42/48 | €72,967 | €43,907 | €47,449 | €62,997 | €74,862 | €77,642 | ▲ 3.7% |
| Financial debts43 | - | - | - | €9,609 | €9,720 | €9,302 | ▼ 4.3% |
| Credit institutions430/8 | - | - | - | €9,609 | €9,720 | €9,302 | ▼ 4.3% |
| Trade debts44 | €6,578 | €13,682 | €11,692 | €17,952 | €28,697 | €33,735 | ▲ 17.6% |
| Suppliers440/4 | - | - | - | €17,952 | €28,697 | €33,735 | ▲ 17.6% |
| Taxes, remuneration and social security45 | - | - | - | €1,781 | €40 | - | - |
| Taxes450/3 | - | - | - | €19 | €40 | - | - |
| Remuneration and social security454/9 | - | - | - | €1,762 | - | - | - |
| Other amounts payable47/48 | - | - | - | €33,656 | €36,406 | €34,606 | ▼ 4.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €725 | -€12,628 | -€19,549 | -€34,186 | -€55,082 | -€30,931 | ▲ 43.8% |
| + Depreciation and write-downs630 | €1,150 | €17,294 | €21,352 | €22,023 | €19,009 | €17,904 | ▼ 5.8% |
| Operating cash flow (approximation) | €1,875 | €4,666 | €1,803 | -€12,163 | -€36,073 | -€13,027 | ▲ 63.9% |
| Investment in fixed assets (approximation) | - | -€161,440 | -€47,290 | €0 | €18,498 | €8,406 | ▼ 54.6% |
| Change in cash | - | €10,162 | - | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 26-06-2024 | 2024-00162934 |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00222598 |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20245508 |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39200253 |
| 31-12-2019 | micro format | 29-09-2020 | 2020-56200130 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49000281 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-51600484 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-49100568 |
| 31-12-2015 | full format | 22-06-2016 | 2016-19900062 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 2,399 active companies whose main activity is retail sale of motor vehicle parts and accessories (NACE 47820), figures are known for 778. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.