TRIFAX
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2022 was due by 31-07-2023 and was filed on 15-06-2023, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
46 d early
2021
48 d early
2020
27 d late
2019
24 d early
2018
27 d early
2017
21 d late
2016
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€68k▼ 58.4%
2021 · €163k
2018: €-108k
2019: €73k
2020: €12k
2021: €163k
2018 → 2022
Working capital
€151k▲ 133%
2021 · €65k
2018: €33k
2019: €-12k
2020: €-139k
2021: €65k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€694k-€767k▲ 10.4%€791k▲ 3.1%€928k▲ 17.3%€995k▲ 7.3%
Operating result€-117k-€89k€23k▼ 73.5%€223k▲ 849%€92k▼ 58.5%
Net result€-108k-€73k€12k▼ 82.9%€163k▲ 1,211%€68k▼ 58.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 58% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.21M
Fixed assets
€1.01M ▼ 2.3%
Current assets
€196k ▲ 109%
Equity and liabilities €1.21M
Equity
€995k ▲ 7.3%
Provisions
€170k ▼ 3.5%
Debt
€45k ▲ 56.4%
Debt's share of the balance-sheet total rises from 2.6% to 3.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▼
2021 · €260k
Cash flow
€103k▼
2021 · €200k
Current ratio
4.36▲
2021 · 3.23
Debt to equity
0.05▲
2021 · 0.03
ROE
6.8%▼
2021 · 17.6%
ROA
5.6%▼
2021 · 14.4%
Interest coverage
1120.33▲
2021 · 60.79
Debt ≤ 1 year
€45k▲
2021 · €29k
Debt > 1 year
€500
Income taxes
€31k▼
2021 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 52 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.13M€1.21M▲
Fixed assets21/28€1.04M€1.01M▼
Tangible fixed assets22/27€1.04M€1.01M▼
Land and buildings22€1.03M€1.01M▼
Furniture and vehicles24€4k-
Current assets29/58€94k€196k▲
Amounts receivable within one year40/41€38k€191k▲
Other amounts receivable41€38k€191k▲
Cash at bank and in hand54/58€55k€5k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.21M▲
Equity10/15€928k€995k▲
Contributions10/11€19k€19k=
Reserves13€909k€890k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€528k€510k▼
Distributable reserves133€379k€379k=
Profit (loss) carried forward14€173€86k▲
Provisions and deferred taxes16€176k€170k▼
Deferred taxes168€176k€170k▼
Amounts payable17/49€29k€45k▲
Amounts payable after more than one year17-€500
Other amounts payable178/9-€500
Amounts payable within one year42/48€29k€45k▲
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€3k€31k▲
Taxes450/3€3k€31k▲
Other amounts payable47/48€16k€6k▼
Income statement
Code20212022
Non-recurring operating income76A€148k€89▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€36k▼
Other operating charges640/8€20k€9k▼
Gross operating margin9900€280k€138k▼
Operating profit (loss)9901€223k€92k▼
Financial income75/76B-€677
Recurring financial income75-€677
Financial charges65/66B€4k€114▼
Recurring financial charges65€4k€114▼
Profit (loss) for the period before taxes9903€218k€93k▼
Transfer from deferred taxes780€52k€6k▼
Income taxes67/77€107k€31k▼
Profit (loss) for the period9904€163k€68k▼
Transfer from tax-exempt reserves789€156k€19k▼
Profit (loss) for the period to be appropriated9905€318k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€319k€86k▼
Profit (loss) brought forward from the previous period14P€722€173▼
Transfer from equity791/2€26k-
Transfer to equity691/2€319k-
To other reserves6921€319k-
Profit to be distributed694/7€26k-
Return on contributions (dividend)694€26k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
17-07
State Gazette act
Board meeting · Merger
Accounting effect · Dissolution
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
23-03
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €163k ▲1211%
Operating result €223k, net result €163k, both a record.
31-12
Financial
Liquidity times 16current ratio 3.23
Current ratio from 0.20 to 3.23; short-term debt falls from €175k to €29k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Show earlier events
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Inclusio