TO SLICE
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 29-12-2023 was due by 29-07-2024 and was filed on 19-03-2024, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
132 d early
2022
40 d early
2021
23 d early
2020
44 d early
2019
46 d late
2018
6 d early
2017
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,160
2022 · €3,026
Working capital
€45,913▼ 42.7%
2022 · €80,088
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
Line20192020202120222023
Operating result€646-€1,159€862€3,690▲ 328%-€3,568
Net result-€93▲ 99.3%-€1,545▼ 1,566%€236€3,026▲ 1,184%-€4,160
Equity€49,596▼ 0.2%€48,051▼ 3.1%€48,287▲ 0.5%€50,072▲ 3.7%€45,913▼ 8.3%
Total assets€119,999▼ 14.1%€84,173▼ 29.9%€101,992▲ 21.2%€94,273▼ 7.6%€45,913▼ 51.3%
Debt€70,402▼ 21.8%€36,122▼ 48.7%€53,705▲ 48.7%€44,201▼ 17.7%€0▼ 100%
Working capital€72,193▲ 4.6%€73,368▲ 1.6%€77,004▲ 5.0%€80,088▲ 4.0%€45,913▼ 42.7%
Staff (FTE)1.6▲ 23.1%1▼ 37.5%1=1=0.8▼ 20.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €3,568 after €3,690 in 2022, the lowest result in the available series.
Key figures and ratios
EBITDA
-€3,568▼
2022 · €5,422
Cash flow
-€4,160▼
2022 · €4,757
Solvency
100.0%▲
2022 · 53.1%
Debt to equity
0.00▼
2022 · 0.88
ROE
-9.1%▼
2022 · 6.0%
ROA
-9.1%▼
2022 · 3.2%
Interest coverage
-6.92▼
2022 · 16.25
Debt ≤ 1 year
€0▼
2022 · €14,185
Debt > 1 year
€0▼
2022 · €30,000
Income taxes
€75▼
2022 · €331
Staff costs
€4,775▼
2022 · €68,276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €55,193 | €68,276 | €4,775 | ▼ 93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,000 | €3,000 | €3,000 | €1,732 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | €348 | €333 | €534 | ▲ 60.5% |
| Non-recurring operating charges66A | - | - | €1,914 | €0 | - | - |
| Gross operating margin9900 | €88,747 | €29,586 | €61,317 | €74,031 | €1,741 | ▼ 97.6% |
| Operating profit (loss)9901 | €646 | -€1,159 | €862 | €3,690 | -€3,568 | ▼ 197% |
| Financial charges65/66B | - | - | €626 | €334 | €516 | ▲ 54.6% |
| Recurring financial charges65 | €739 | €386 | €626 | €334 | €516 | ▲ 54.6% |
| Profit (loss) for the period before taxes9903 | -€93 | -€1,545 | €236 | €3,357 | -€4,084 | ▼ 222% |
| Income taxes67/77 | - | - | - | €331 | €75 | ▼ 77.2% |
| Profit (loss) for the period9904 | -€93 | -€1,545 | €236 | €3,026 | -€4,160 | ▼ 237% |
| Profit (loss) for the period to be appropriated9905 | -€93 | -€1,545 | €236 | €3,026 | -€4,160 | ▼ 237% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,999 | €84,173 | €101,992 | €94,273 | €45,913 | ▼ 51.3% |
| Fixed assets21/28 | €7,732 | €4,732 | €1,732 | €0 | - | - |
| Intangible fixed assets21 | €7,732 | €4,732 | €1,732 | €0 | - | - |
| Current assets29/58 | €112,267 | €79,442 | €100,260 | €94,273 | €45,913 | ▼ 51.3% |
| Amounts receivable within one year40/41 | €91,632 | €43,556 | €43,129 | €77,692 | €1,344 | ▼ 98.3% |
| Trade receivables40 | - | - | €37,000 | €76,000 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €6,129 | €1,692 | €1,344 | ▼ 20.6% |
| Cash at bank and in hand54/58 | €20,635 | €35,886 | €57,131 | €16,581 | €44,569 | ▲ 169% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,999 | €84,173 | €101,992 | €94,273 | €45,913 | ▼ 51.3% |
| Equity10/15 | €49,596 | €48,051 | €48,287 | €50,072 | €45,913 | ▼ 8.3% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €41,536 | €39,991 | €40,227 | €42,012 | €37,853 | ▼ 9.9% |
| Amounts payable17/49 | €70,402 | €36,122 | €53,705 | €44,201 | €0 | ▼ 100% |
| Amounts payable after more than one year17 | €30,000 | €30,000 | €30,000 | €30,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €30,000 | €30,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €40,074 | €6,074 | €23,256 | €14,185 | €0 | ▼ 100% |
| Trade debts44 | €31,216 | €175 | €13,226 | €2,556 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €13,226 | €2,556 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €10,030 | €10,390 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €1,002 | €331 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €9,028 | €10,059 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €1,240 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €449 | €15 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€93 | -€1,545 | €236 | €3,026 | -€4,160 | ▼ 237% |
| + Depreciation and write-downs630 | €3,000 | €3,000 | €3,000 | €1,732 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €2,907 | €1,455 | €3,236 | €4,757 | -€4,160 | ▼ 187% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €15,251 | €21,245 | -€40,551 | €27,988 | ▲ 169% |
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
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €3,026 ▲1,184%
Operating result €3,690, net result €3,026, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €236
Net result €236 after 3 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 5current ratio 13.08
Current ratio from 2.80 to 13.08; short-term debt falls from €40,074 to €6,074.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
27-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerChain of control
- NouVO
- VO GROUP
- VO COMMUNICATION
- TO SLICE
Highest known parent: NouVO. The sources do not say who stands above it.
Owners 1
- VO COMMUNICATIONparent100%
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.