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Wel Jong

Active Risk: very low
Non-profit associationfounded 2000active for 26 yearsOudaan 14, 2000 Antwerp, BelgiumKBO/BCE: BE 0471.513.436
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Financials · financial year 2022, micro format

Annual accounts 2022 filed on 28-06-2023 PDF

Turnover
≈ €470,000
Estimated: probably between €430,000 and €720,000
Total assets
€562,288
Net result
€30,838
Working capital
€489,112

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €562,288
Fixed assets €13,704
Current assets €548,584
Equity and liabilities €562,288
Equity €268,628
Debt €293,660
Debt's share of the balance-sheet total is 52.2%.
Key figures and ratios
2022 value
EBITDA
€35,120
Cash flow
€34,854
Current ratio
9.22
Debt to equity
1.09
ROE
11.5%
ROA
5.5%
Interest coverage
over 100
Debt ≤ 1 year
€59,472
Staff costs
€345,560

Investments

fixed assets acquired
Item2022
Tangible fixed assets€13,941
Financial fixed assets€2,000
Depreciation and write-downs of the year€4,016

Source: notes to the 2022 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 12 entries · €753,870 awarded · €713,833 paid
Year Entries AwardedPaid
2025 3 €138,240€127,951
2024 3 €132,517€142,325
2023 3 €245,238€254,325
2022 3 €237,875€189,232
Schemes
4 entries · €404,231 · €383,855 paid · Departement Cultuur, Jeugd en Media
1 entry · €104,836 · €104,836 paid · Departement Cultuur, Jeugd en Media
1 entry · €102,890 · €92,601 paid · Departement Cultuur, Jeugd en Media
3 entries · €88,650 · €88,650 paid · Departement Cultuur, Jeugd en Media
1 entry · €46,861 · €37,489 paid · Departement Cultuur, Jeugd en Media
Show 2 more
1 entry · €5,550 · €5,550 paid · Departement Cultuur, Jeugd en Media
1 entry · €852 · €852 paid · Departement Werk en Sociale Economie
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 39 lines
Balance sheet Code2022
Assets
Total assets20/58€562,288
Fixed assets21/28€13,704
Tangible fixed assets22/27€11,302
Plant, machinery and equipment23€5,304
Furniture and vehicles24€5,998
Financial fixed assets28€2,402
Current assets29/58€548,584
Amounts receivable within one year40/41€170,674
Trade receivables40€47,367
Other amounts receivable41€123,307
Cash at bank and in hand54/58€374,128
Deferred charges and accrued income490/1€3,781
Equity and liabilities
Total equity and liabilities10/49€562,288
Equity10/15€268,628
Reserves13€99,300
Profit (loss) carried forward14€169,328
Amounts payable17/49€293,660
Amounts payable within one year42/48€59,472
Trade debts44€15,204
Suppliers440/4€15,204
Taxes, remuneration and social security45€44,268
Taxes450/3€7,368
Remuneration and social security454/9€36,900
Accrued charges and deferred income492/3€234,188
Income statement Code2022
Non-recurring operating income76A€10,275
Remuneration, social security and pensions62€345,560
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,016
Non-recurring operating charges66A€6,581
Gross operating margin9900€387,260
Operating profit (loss)9901€31,104
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€267
Recurring financial charges65€267
Profit (loss) for the period before taxes9903€30,838
Profit (loss) for the period9904€30,838
Profit (loss) for the period to be appropriated9905€30,838
Appropriation of the result
Profit (loss) to be appropriated9906€169,328
Profit (loss) brought forward from the previous period14P€138,491

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 28-06-2023.

Line2022
Non-recurring operating income76A€10,275
Remuneration, social security and pensions62€345,560
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,016
Non-recurring operating charges66A€6,581
Gross operating margin9900€387,260
Operating profit (loss)9901€31,104
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€267
Recurring financial charges65€267
Profit (loss) for the period before taxes9903€30,838
Profit (loss) for the period9904€30,838
Profit (loss) for the period to be appropriated9905€30,838
Line2022
Assets
Total assets20/58€562,288
Fixed assets21/28€13,704
Tangible fixed assets22/27€11,302
Plant, machinery and equipment23€5,304
Furniture and vehicles24€5,998
Financial fixed assets28€2,402
Current assets29/58€548,584
Amounts receivable within one year40/41€170,674
Trade receivables40€47,367
Other amounts receivable41€123,307
Cash at bank and in hand54/58€374,128
Deferred charges and accrued income490/1€3,781
Equity and liabilities
Total equity and liabilities10/49€562,288
Equity10/15€268,628
Reserves13€99,300
Profit (loss) carried forward14€169,328
Amounts payable17/49€293,660
Amounts payable within one year42/48€59,472
Trade debts44€15,204
Suppliers440/4€15,204
Taxes, remuneration and social security45€44,268
Taxes450/3€7,368
Remuneration and social security454/9€36,900
Accrued charges and deferred income492/3€234,188
Line2022
Profit (loss) for the period9904€30,838
+ Depreciation and write-downs630€4,016
Operating cash flow (approximation)€34,854

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2022 micro format 28-06-2023 2023-00175751 PDF

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