TETRYS
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 14-04-2022, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
16 d early
2020
2 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?Société Anonyme d'Etudes et de Propriété Immobilière · 8 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
€5.0m▲ 10,036%
2020 · €49,524
EBIT margin
42.1%▲ 549.5pp
2020 · -507.4%
Net result
€1.7m
2020 · -€407,331
Working capital
€4.2m▲ 2.0%
2020 · €4.1m
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
Line2018201920202021
Turnover€1-€3.3m▲ 332,599,900%€49,524▼ 98.5%€5.0m▲ 10,036%
Operating result-€35,819-€859,019-€251,271€2.1m
Net result-€298,875-€624,323-€407,331€1.7m
EBIT margin-3581900.0%-25.8%▲ 3581925.8pp-507.4%▼ 533.2pp42.1%▲ 549.5pp
Equity€1.9m-€2.5m▲ 33.6%€2.1m▼ 16.4%€3.7m▲ 80.8%
Total assets€7.0m-€5.8m▼ 17.3%€9.0m▲ 54.5%€9.4m▲ 4.3%
Debt€5.2m-€3.3m▼ 35.5%€6.9m▲ 107%€5.6m▼ 18.6%
Working capital€384,894-€1.8m▲ 371%€4.1m▲ 125%€4.2m▲ 2.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €2.1m after a loss of €251,271 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €9.4m
Fixed assets
€2.7m ▼ 3.5%
Current assets
€6.7m ▲ 7.8%
Equity and liabilities €9.4m
Equity
€3.7m ▲ 80.8%
Debt
€5.6m ▼ 18.6%
Debt's share of the balance-sheet total falls from 76.9% to 60.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.67▼
2020 · 2.95
Quick ratio
1.45▲
2020 · 0.70
Debt to equity
1.50▼
2020 · 2.26
ROE
44.7%▲
2020 · -19.7%
ROA
17.9%▲
2020 · -4.5%
Debt ≤ 1 year
€2.5m▲
2020 · €2.1m
Debt > 1 year
€3.0m▼
2020 · €4.7m
Income taxes
€234,829
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 | - | - | - | €5.1m | - |
| Turnover70 | €1 | €3.3m | €49,524 | €5.0m | ▲ 10,036% |
| Other operating income74 | - | - | - | €42,485 | - |
| Operating charges60/66A | - | - | - | €2.9m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €2.8m | - |
| Purchases600/8 | - | - | - | €1.2m | - |
| Change in stocks: decrease (increase)609 | - | - | - | €1.6m | - |
| Services and other goods61 | - | - | - | €90,770 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €81,706 | - |
| Other operating charges640/8 | - | - | - | €3,810 | - |
| Operating profit (loss)9901 | -€35,819 | €859,019 | -€251,271 | €2.1m | ▲ 942% |
| Financial income75/76B | - | - | - | €55,396 | - |
| Recurring financial income75 | €22,611 | €23,483 | €34,974 | €55,396 | ▲ 58.4% |
| Income from current assets751 | - | - | - | €55,381 | - |
| Other financial income752/9 | - | - | - | €15 | - |
| Financial charges65/66B | - | - | - | €261,985 | - |
| Recurring financial charges65 | €285,671 | €252,210 | €191,034 | €261,985 | ▲ 37.1% |
| Debt charges650 | €284,174 | €245,661 | €179,701 | €258,887 | ▲ 44.1% |
| Other financial charges652/9 | - | - | - | €3,098 | - |
| Profit (loss) for the period before taxes9903 | -€298,879 | €624,323 | -€407,331 | €1.9m | ▲ 569% |
| Income taxes67/77 | -€4 | - | - | €234,829 | - |
| Taxes670/3 | - | - | - | €234,829 | - |
| Profit (loss) for the period9904 | -€298,875 | €624,323 | -€407,331 | €1.7m | ▲ 511% |
| Profit (loss) for the period to be appropriated9905 | -€298,875 | €624,323 | -€407,331 | €1.7m | ▲ 511% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7.0m | €5.8m | €9.0m | €9.4m | ▲ 4.3% |
| Formation expenses20 | - | - | €0 | €0 | - |
| Fixed assets21/28 | €2.7m | €2.7m | €2.8m | €2.7m | ▼ 3.5% |
| Financial fixed assets28 | €2.7m | €2.7m | €2.8m | €2.7m | ▼ 3.5% |
| Affiliated companies280/1 | - | - | - | €2.7m | - |
| Participating interests280 | - | - | - | €2.7m | - |
| Other financial fixed assets284/8 | - | - | - | €0 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0 | - |
| Current assets29/58 | €4.3m | €3.1m | €6.2m | €6.7m | ▲ 7.8% |
| Stocks and contracts in progress3 | €3.6m | €1.3m | €4.7m | €3.0m | ▼ 35.5% |
| Stocks30/36 | - | - | - | €3.0m | - |
| Property held for sale35 | - | - | - | €3.0m | - |
| Amounts receivable within one year40/41 | €676,743 | €1.8m | €1.4m | €3.5m | ▲ 154% |
| Trade receivables40 | - | - | - | €48,684 | - |
| Other amounts receivable41 | - | - | - | €3.5m | - |
| Current investments50/53 | €27 | €27 | €27 | €0 | ▼ 100% |
| Other investments51/53 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €1,429 | €359 | €34,919 | €39,850 | ▲ 14.1% |
| Deferred charges and accrued income490/1 | - | - | - | €84,936 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7.0m | €5.8m | €9.0m | €9.4m | ▲ 4.3% |
| Equity10/15 | €1.9m | €2.5m | €2.1m | €3.7m | ▲ 80.8% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €2.8m | ▲ 65.3% |
| Capital10 | - | - | - | €1.7m | - |
| Issued capital100 | - | - | - | €1.7m | - |
| Outside capital11 | - | - | - | €1.1m | - |
| Share premium1100/10 | - | - | - | €1.1m | - |
| Reserves13 | - | - | - | €48,994 | - |
| Non-distributable reserves130/1 | - | - | - | €48,994 | - |
| Legal reserve130 | - | - | - | €48,994 | - |
| Profit (loss) carried forward14 | -€910,972 | -€286,649 | -€693,980 | €930,894 | ▲ 234% |
| Amounts payable17/49 | €5.2m | €3.3m | €6.9m | €5.6m | ▼ 18.6% |
| Amounts payable after more than one year17 | €1.2m | €2.0m | €4.7m | €3.0m | ▼ 35.9% |
| Financial debts170/4 | - | - | - | €3.0m | - |
| Other loans174 | - | - | - | €3.0m | - |
| Other amounts payable178/9 | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €3.9m | €1.3m | €2.1m | €2.5m | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €100,000 | - |
| Financial debts43 | - | - | - | €850,000 | - |
| Credit institutions430/8 | - | - | - | €850,000 | - |
| Trade debts44 | €47,715 | €53,857 | €20,347 | €87,315 | ▲ 329% |
| Suppliers440/4 | - | - | - | €87,315 | - |
| Taxes, remuneration and social security45 | - | - | - | €234,829 | - |
| Taxes450/3 | - | - | - | €234,829 | - |
| Other amounts payable47/48 | - | - | - | €1.2m | - |
| Accrued charges and deferred income492/3 | - | - | - | €126,122 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€298,875 | €624,323 | -€407,331 | €1.7m | ▲ 511% |
| Operating cash flow (approximation) | -€298,875 | €624,323 | -€407,331 | €1.7m | ▲ 511% |
| Investment in fixed assets (approximation) | - | €16,105 | -€97,614 | €97,614 | ▲ 200% |
| Change in cash | - | -€1,070 | €34,560 | €4,931 | ▼ 85.7% |
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
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Back to profitnet €1.7m
Net result €1.7m after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet -€407,331
Net result drops to -€407,331, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Back to profitnet €624,323
Net result €624,323 after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.39
Current ratio from 1.10 to 2.39; short-term debt falls from €3.9m to €1.3m.
30-09
Financial
Equity above €2mEq €2.5m ▲33.6%
Equity rises from €1.9m to €2.5m.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2015
27-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
29-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
29-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 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
Part of the group
Société Anonyme d'Etudes et de Propriété Immobilière
8 companies
Group, risk and exposure
Owners and holdings
1 owner · 2 holdingsChain of control
Highest known parent: Société Anonyme d'Etudes et de Propriété Immobilière. The sources do not say who stands above it.
Owners 1
- GROWNERSparentSourceLEI registerconsolidated
Holdings 2
-
29.27%
-
0.2%
According to the annual accounts to 30-09-2021 of TETRYS and those 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300DO6FZKYL4OTD60