WARNING.BE
Dissolution or liquidationFinancials · financial year 2023, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€429,761
2022 · -€561,430
Working capital
-€117,339▲ 78.7%
2022 · -€552,079
Trend over the years
2022 to 2023, 2 financial years
The operating result returns to profit in 2023: €444,180 after a loss of €550,316 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€444,180
2023
Net result€429,761
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€270,992
2023
Equity-€31,669
2023
Debt€302,660
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€117,339
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20222023
Operating result-€550,316-€444,180
Net result-€561,430-€429,761
Equity-€461,430--€31,669▲ 93.1%
Total assets€271,807-€270,992▼ 0.3%
Debt€733,237-€302,660▼ 58.7%
Working capital-€552,079--€117,339▲ 78.7%
Staff (FTE)22.5-0▼ 100%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €270,992
Fixed assets
€90,649 =
Current assets
€180,343 ▼ 0.5%
Equity and liabilities
Equity-€31,669
Debt€302,660
Equity is negative: debt (€302,660) exceeds the balance-sheet total (€270,992).
Key figures and ratios
Solvency
-11.7%▲
2022 · -169.8%
Current ratio
0.61▲
2022 · 0.25
ROA
158.6%▲
2022 · -206.6%
Debt ≤ 1 year
€297,681▼
2022 · €733,237
Staff costs
€0▼
2022 · €794,739
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 | 2022 | 2023 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €469,717 | - |
| Remuneration, social security and pensions62 | €794,739 | €0 | ▼ 100% |
| Non-recurring operating charges66A | €47,720 | €8,093 | ▼ 83.0% |
| Gross operating margin9900 | €292,143 | €452,272 | ▲ 54.8% |
| Operating profit (loss)9901 | -€550,316 | €444,180 | - |
| Financial income75/76B | €53 | €0 | ▼ 100% |
| Recurring financial income75 | €53 | €0 | ▼ 100% |
| Financial charges65/66B | €11,167 | €14,418 | ▲ 29.1% |
| Recurring financial charges65 | €11,167 | €14,418 | ▲ 29.1% |
| Profit (loss) for the period before taxes9903 | -€561,430 | €429,761 | - |
| Profit (loss) for the period9904 | -€561,430 | €429,761 | - |
| Profit (loss) for the period to be appropriated9905 | -€561,430 | €429,761 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €271,807 | €270,992 | ▼ 0.3% |
| Fixed assets21/28 | €90,649 | €90,649 | = |
| Financial fixed assets28 | €90,649 | €90,649 | = |
| Current assets29/58 | €181,158 | €180,343 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €133,466 | €154,522 | ▲ 15.8% |
| Trade receivables40 | €133,466 | €133,466 | = |
| Other amounts receivable41 | - | €21,055 | - |
| Cash at bank and in hand54/58 | €47,691 | €25,821 | ▼ 45.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €271,807 | €270,992 | ▼ 0.3% |
| Equity10/15 | -€461,430 | -€31,669 | ▲ 93.1% |
| Contributions10/11 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€561,430 | -€131,669 | ▲ 76.5% |
| Amounts payable17/49 | €733,237 | €302,660 | ▼ 58.7% |
| Amounts payable within one year42/48 | €733,237 | €297,681 | ▼ 59.4% |
| Trade debts44 | €23,216 | €16,900 | ▼ 27.2% |
| Suppliers440/4 | €23,216 | €16,900 | ▼ 27.2% |
| Taxes, remuneration and social security45 | €266,191 | €280,650 | ▲ 5.4% |
| Taxes450/3 | €114,672 | €113,300 | ▼ 1.2% |
| Remuneration and social security454/9 | €151,520 | €167,350 | ▲ 10.4% |
| Other amounts payable47/48 | €443,829 | €131 | ▼ 100.0% |
| Accrued charges and deferred income492/3 | - | €4,979 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€561,430 | €429,761 | - |
| Operating cash flow (approximation) | -€561,430 | €429,761 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€21,871 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 26-06-2024 | 2024-00175571 |
| 31-12-2022 | full format | 26-06-2024 | 2024-00175570 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.