WEB STACK
InactiveFinancials · financial year 2022, micro format
2022 annual accounts filed 127 days after the deadline Filed on 5 December 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00524122.
Annual accounts 2022 filed on 05-12-2023 PDF all 2 filings
Equity
€4,109▼ 66.5%
2021 · €12,256
Total assets
€7,531▼ 47.4%
2021 · €14,320
Net result
-€8,147
2021 · €8,256
Working capital
€409▼ 95.2%
2021 · €8,556
Multi-year overview
2021 to 2022, 2 financial yearsOperating result
-€7,970
2022
20212022
Net result
-€8,147
2022
20212022
Equity
€4,109
▼ 66.5%
2022
20212022
Total assets
€7,531
▼ 47.4%
2022
20212022
Debt
€3,422
▲ 65.8%
2022
20212022
Working capital
€409
▼ 95.2%
2022
20212022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022
Operating result€10,325--€7,970
Net result€8,256--€8,147
Equity€12,256-€4,109▼ 66.5%
Total assets€14,320-€7,531▼ 47.4%
Debt€2,064-€3,422▲ 65.8%
Working capital€8,556-€409▼ 95.2%
The operating result for 2022 is a loss of €7,970, after a profit of €10,325 in 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €7,531
Fixed assets
€3,700 =
Current assets
€3,831 ▼ 63.9%
Equity and liabilities €7,531
Equity
€4,109 ▼ 66.5%
Debt
€3,422 ▲ 65.8%
Debt's share of the balance-sheet total rises from 14.4% to 45.4%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.12▼
2021 · 5.15
Debt to equity
0.83▲
2021 · 0.17
ROE
-198.2%▼
2021 · 67.4%
ROA
-108.2%▼
2021 · 57.7%
Debt ≤ 1 year
€3,422▲
2021 · €2,064
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Financial fixed assets | €3,700 | - |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €2,557 | - |
| Other operating charges640/8 | - | €75 | - |
| Gross operating margin9900 | €10,325 | -€7,895 | - |
| Operating profit (loss)9901 | €10,325 | -€7,970 | - |
| Financial charges65/66B | €5 | €177 | ▲ 36× |
| Recurring financial charges65 | €5 | €177 | ▲ 36× |
| Profit (loss) for the period before taxes9903 | €10,320 | -€8,147 | - |
| Income taxes67/77 | €2,064 | - | - |
| Profit (loss) for the period9904 | €8,256 | -€8,147 | - |
| Profit (loss) for the period to be appropriated9905 | €8,256 | -€8,147 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,320 | €7,531 | ▼ 47.4% |
| Fixed assets21/28 | €3,700 | €3,700 | = |
| Financial fixed assets28 | €3,700 | €3,700 | = |
| Current assets29/58 | €10,620 | €3,831 | ▼ 63.9% |
| Amounts receivable within one year40/41 | €10,502 | €3,831 | ▼ 63.5% |
| Trade receivables40 | €2,714 | €2,790 | ▲ 2.8% |
| Other amounts receivable41 | €7,788 | €1,041 | ▼ 86.6% |
| Cash at bank and in hand54/58 | €118 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,320 | €7,531 | ▼ 47.4% |
| Equity10/15 | €12,256 | €4,109 | ▼ 66.5% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €8,256 | €109 | ▼ 98.7% |
| Amounts payable17/49 | €2,064 | €3,422 | ▲ 65.8% |
| Amounts payable within one year42/48 | €2,064 | €3,422 | ▲ 65.8% |
| Financial debts43 | - | €131 | - |
| Credit institutions430/8 | - | €131 | - |
| Taxes, remuneration and social security45 | €2,064 | €3,291 | ▲ 59.5% |
| Taxes450/3 | €2,064 | €2,064 | = |
| Remuneration and social security454/9 | - | €1,227 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,256 | -€8,147 | - |
| Operating cash flow (approximation) | €8,256 | -€8,147 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.