TRYGEM (0597.722.512), Inactive: financials and annual accounts

TRYGEM

KBO/BCE: BE 0597.722.512

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
Total assets`20/58`	990,774	1.0m	1.1m	1.1m	903,056	13,563	11,320	11,770	12,793
Fixed assets`21/28`	30,987	9,369	17,853	28,722	23,454	-	-	-	-
Intangible fixed assets`21`	16,866	-	-	2,823	6,030	-	-	-	-
Tangible fixed assets`22/27`	14,121	9,369	17,853	25,900	17,424	-	-	-	-
Plant, machinery and equipment`23`	13,330	7,605	11,047	15,484	3,398	-	-	-	-
Furniture and vehicles`24`	-	-	4,070	6,708	9,345	-	-	-	-
Other tangible fixed assets`26`	791	1,763	2,736	3,708	4,681	-	-	-	-
Current assets`29/58`	959,787	1.0m	1.0m	1.1m	879,602	13,563	11,320	11,770	12,793
Stocks and contracts in progress`3`	830,179	888,769	814,488	739,898	709,617	-	-	-	-
Stocks`30/36`	830,179	888,769	814,488	739,898	709,617	-	-	-	-
Amounts receivable within one year`40/41`	66,482	81,090	67,606	145,393	148,669	5,420	6,020	3,259	1,167
Trade receivables`40`	47,533	48,545	43,143	45,448	49,002	4,719	4,719	1,997	-
Other amounts receivable`41`	18,949	32,546	24,463	99,944	99,667	701	1,301	1,262	1,167
Current investments`50/53`	-	-	86,650	105,000	-	-	-	-	-
Cash at bank and in hand`54/58`	54,887	56,431	72,012	71,647	14,786	8,143	5,299	8,511	11,626
Deferred charges and accrued income`490/1`	8,238	7,509	6,923	6,998	6,530	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	990,774	1.0m	1.1m	1.1m	903,056	13,563	11,320	11,770	12,793
Equity`10/15`	406,138	590,153	636,366	777,687	683,914	13,563	11,320	11,770	12,793
Contributions`10/11`	66,697	66,697	66,697	66,697	-	18,600	18,600	18,600	18,600
Capital`10`	-	-	-	-	66,697	-	-	-	-
Issued capital`100`	-	-	-	-	66,697	18,600	18,600	18,600	18,600
Reserves`13`	339,441	523,456	569,668	710,989	617,217	-	-	-	-
Legal reserve`130`	-	-	-	-	6,670	-	-	-	-
Tax-exempt reserves`132`	-	-	-	51,688	75,747	-	-	-	-
Distributable reserves`133`	339,441	523,456	569,668	659,301	534,800	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-5,037	-7,280	-6,830	-5,807
Provisions and deferred taxes`16`	-	-	-	9,350	-	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	9,350	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	9,350	-	-	-	-	-
Amounts payable`17/49`	584,636	453,014	429,166	310,622	219,142	-	-	-	-
Amounts payable within one year`42/48`	581,949	453,014	415,547	310,622	219,142	-	-	-	-
Financial debts`43`	235	-	88	-	16	-	-	-	-
Credit institutions`430/8`	235	-	88	-	16	-	-	-	-
Trade debts`44`	208,469	260,661	242,708	240,892	196,627	-	-	-	-
Suppliers`440/4`	208,469	260,661	242,708	240,892	196,627	-	-	-	-
Advances received on contracts in progress`46`	1,070	1,048	3,445	-	-	-	-	-	-
Taxes, remuneration and social security`45`	58,829	58,306	64,095	62,797	21,470	-	-	-	-
Taxes`450/3`	13,513	21,420	21,247	24,299	7,514	-	-	-	-
Remuneration and social security`454/9`	45,315	36,887	42,849	38,497	13,956	-	-	-	-
Other amounts payable`47/48`	313,346	132,999	105,211	6,933	1,029	-	-	-	-
Accrued charges and deferred income`492/3`	2,687	-	13,619	-	-	-	-	-	-
Income statement
Gross operating margin`9900`	158,809	282,550	319,685	400,459	268,402	2,840	-152	-467	-5,436
Remuneration, social security and pensions`62`	330,275	305,547	321,460	298,505	275,535	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,775	4,414	10,870	11,941	9,619	-	-	-	-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	4,831	15,138	44,079	-29,929	-6,209	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-9,350	9,350	-	-	-	-	-
Other operating charges`640/8`	2,495	2,655	2,280	925	2,296	573	274	532	366
Operating profit (loss)`9901`	-185,567	-45,204	-49,654	109,667	-12,839	2,267	-426	-999	-5,802
Financial income`75/76B`	11,570	11,828	13,189	16,273	12,275	-	-	-	3
Recurring financial income`75`	11,570	11,828	13,189	16,273	12,275	-	-	-	3
Financial charges`65/66B`	9,993	12,696	4,788	2,338	650	24	24	24	7
Recurring financial charges`65`	9,993	12,696	4,788	2,338	650	24	24	24	7
Profit (loss) for the period before taxes`9903`	-183,990	-46,073	-41,253	123,602	-1,214	2,243	-450	-1,023	-5,806
Income taxes`67/77`	25	140	5,068	29,830	799	-	-	-	1
Profit (loss) for the period`9904`	-184,015	-46,213	-46,321	93,772	-2,013	2,243	-450	-1,023	-5,807
Transfer from tax-exempt reserves`789`	-	-	51,688	24,059	34,885	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	-184,015	-46,213	5,367	117,831	32,872	2,243	-450	-1,023	-5,807
Appropriation of the result
Profit (loss) to be appropriated`9906`	-184,015	-46,213	5,367	117,831	32,196	-5,037	-7,280	-6,830	-5,807
Profit (loss) brought forward from the previous period`14P`	-	-	-	-	-676	-	-	-	-
Transfer from equity`791/2`	184,015	46,213	95,000	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	5,367	117,831	32,196	-	-	-	-
To the legal reserve`6920`	-	-	-	-	1,860	-	-	-	-
To other reserves`6921`	-	-	5,367	117,831	30,336	-	-	-	-
Profit to be distributed`694/7`	-	-	95,000	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	95,000	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	11.5	11.8	10.8	11.8	4.6	-	-	-	-
Hours worked`1013`	13,159	12,804	13,345	12,957	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2023	abbreviated format	05-06-2024	2024-00110039	PDF
31-12-2022	abbreviated format	12-06-2023	2023-00122208	PDF
31-12-2021	abbreviated format	12-07-2022	2022-20173817	PDF
31-12-2020	abbreviated format	09-07-2021	2021-33400481	PDF
31-12-2019	abbreviated format	03-06-2020	2020-14500269	PDF
31-12-2018	abbreviated format	04-07-2019	2019-29000519	PDF
31-12-2017	micro format	11-06-2018	2018-18100229	PDF
31-12-2016	micro format	08-06-2017	2017-16400519	PDF
31-12-2015	abbreviated format	22-06-2016	2016-19900252	PDF

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBITDA	-178,792	-40,790	-38,784	121,608	-3,220	-	-	-	-
Cash flow	-177,240	-41,798	-35,451	105,713	7,606	-	-	-	-
Investment in fixed assets (approximation)	28,393	-4,070	0	17,209	570,953	-	-	-	-
Change in cash	-1,543	-15,582	365	56,861	6,643	2,844	-3,212	-3,115	-
Working capital	377,838	580,785	632,132	758,314	660,460	-	-	-	-
Solvency	41.0%	56.6%	59.7%	70.8%	75.7%	100.0%	100.0%	100.0%	100.0%
Current ratio	1.65	2.28	2.52	3.44	4.01	-	-	-	-
Quick ratio	0.22	0.32	0.56	1.06	0.78	-	-	-	-
Debt to equity	1.44	0.77	0.67	0.40	0.32	-	-	-	-
ROE	-45.3%	-7.8%	-7.3%	12.1%	-0.3%	16.5%	-4.0%	-8.7%	-45.4%
ROA	-18.6%	-4.4%	-4.3%	8.5%	-0.2%	16.5%	-4.0%	-8.7%	-45.4%
Interest coverage	-17.89	-3.21	-8.10	-	-4.95	-	-	-	-

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	7	10	10
full-time	4	7	7
part-time	3	3	3
in full-time equivalents	6.4	9.4	9.4
Average over the year, in full-time equivalents	11.5	11.8	10.8
On a permanent contract	7	9	9
Joined	14	20	17
Left	17	20	19

Item	2023	2022	2021	2019
Tangible fixed assets	€11,450	-	-	€445,563
Intangible fixed assets	€16,943	-	-	€125,390
Depreciation and write-downs of the year	€6,775	€4,414	€10,870	€9,619

TRYGEM

Annual accounts 2023

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE€28,720

Joined and left-3

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on TRYGEM