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WIENERBERGER ASSET MANAGEMENT

Inactive
KBO/BCE: BE 0405.514.438

No longer registered with the KBO; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline17-09-2026 today
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 14-06-2023, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
47 d early
2021
20 d early
2020
39 d early
2019
31 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover
€851k▲ 5.1%
2021 · €810k
2018: €893k 2019: €916k 2020: €812k 2021: €810k
2018 → 2022
EBIT margin
44.9%▼ 24.2pp
2021 · 69.0%
2018: -51.5% 2019: 77.2% 2020: 58.8% 2021: 69.0%
2018 → 2022
Net result
€252k▼ 40.4%
2021 · €423k
2018: €-517k 2019: €707k 2020: €362k 2021: €423k
2018 → 2022
Working capital
€4.17M▲ 17.5%
2021 · €3.55M
2018: €2.80M 2019: €2.29M 2020: €2.93M 2021: €3.55M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Turnover€893k-€916k▲ 2.6%€812k▼ 11.3%€810k▼ 0.3%€851k▲ 5.1%
Equity€12.85M-€6.60M▼ 48.6%€6.97M▲ 5.5%€7.39M▲ 6.1%€7.64M▲ 3.4%
Operating result€-460k-€707k€477k▼ 32.5%€559k▲ 17.1%€382k▼ 31.7%
Net result€-517k-€707k€362k▼ 48.8%€423k▲ 16.8%€252k▼ 40.4%
Result per fiscal year
Operating resultNet result
€-1.00M€-500k€0€500kOperating result 2018: €-460k€-460kNet result 2018: €-517k€-517kOperating result 2019: €707k€707kNet result 2019: €707k€707kOperating result 2020: €477k€477kNet result 2020: €362k€362kOperating result 2021: €559k€559kNet result 2021: €423k€423kOperating result 2022: €382k€382kNet result 2022: €252k€252k20182019202020212022
The operating result falls in 2022; 2022 is 32% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €8.44M
Fixed assets €4.14M▼ 4.6%
Current assets €4.30M▲ 18.1%
Equity and liabilities €8.44M
Equity €7.64M▲ 3.4%
Provisions €664k▲ 34.2%
Debt €132k▲ 40.6%
The debt ratio rises from 1.2% to 1.6%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€581k
2021 · €762k
Cash flow
€451k
2021 · €626k
Solvency
90.6%
2021 · 92.6%
Current ratio
32.49
2021 · 38.68
Quick ratio
32.49
2021 · 38.68
Debt / equity
0.02
2021 · 0.01
ROE
3.3%
2021 · 5.7%
ROA
3.0%
2021 · 5.3%
Interest coverage
1108.90
2021 · 3210.60
Debt
€132k
2021 · €94k
Debt ≤ 1 year
€132k
2021 · €94k
Income taxes
€141k
2021 · €136k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet Code20212022
Assets
Total assets20/58€7.98M€8.44M
Fixed assets21/28€4.34M€4.14M
Tangible fixed assets22/27€4.34M€4.14M
Land and buildings22€4.34M€4.14M
Current assets29/58€3.64M€4.30M
Amounts receivable within one year40/41€13k€132k
Trade receivables40€13k€131k
Other amounts receivable41€67€1k
Cash at bank and in hand54/58€3.63M€4.17M
Equity and liabilities
Total equity and liabilities10/49€7.98M€8.44M
Equity10/15€7.39M€7.64M
Contributions10/11€5.29M€5.29M=
Capital10€5.24M€5.24M=
Issued capital100€5.24M€5.24M=
Outside capital11€52k€52k=
Share premium1100/10€52k€52k=
Reserves13€1.31M€1.31M=
Non-distributable reserves130/1€1.00M€1.00M=
Legal reserve130€1.00M€1.00M=
Tax-exempt reserves132€308k€308k=
Profit (loss) carried forward14€785k€1.04M
Provisions and deferred taxes16€495k€664k
Provisions for liabilities and charges160/5€495k€664k
Environmental obligations163€495k€664k
Amounts payable17/49€94k€132k
Amounts payable within one year42/48€94k€132k
Trade debts44€53k€60k
Suppliers440/4€53k€60k
Taxes, remuneration and social security45€41k€73k
Taxes450/3€41k€73k
Income statement Code20212022
Operating income70/76A€974k€1.02M
Turnover70€810k€851k
Other operating income74€164k€172k
Operating charges60/66A€415k€641k
Services and other goods61€204k€267k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€199k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€169k
Other operating charges640/8€6k€5k
Non-recurring operating charges66A€2k-
Operating profit (loss)9901€559k€382k
Financial income75/76B€164€12k
Recurring financial income75€164€12k
Income from current assets751-€12k
Other financial income752/9€164-
Financial charges65/66B€237€524
Recurring financial charges65€237€524
Other financial charges652/9€237€524
Profit (loss) for the period before taxes9903€559k€393k
Income taxes67/77€136k€141k
Taxes670/3€140k€141k
Tax adjustments and reversals of tax provisions77€4k€246
Profit (loss) for the period9904€423k€252k
Profit (loss) for the period to be appropriated9905€423k€252k
Appropriation of the result
Profit (loss) to be appropriated9906€785k€1.04M
Profit (loss) brought forward from the previous period14P€362k€785k

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
01-08
State Gazette act General meeting · Merger
Capital increase · Share issue · Philippe Defauw
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
22-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Liquidity times 27current ratio 35.52
Current ratio from 1.32 to 35.52; short-term debt falls from €7.08M to €85k.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €707k
Net result €707k after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
17-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
05-06
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.
0 of 19 acts read
About the unread acts

We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Acquisitions and mergers

1 transaction
Taken over by:WIENERBERGER
BE 0448.850.870State Gazette act of 01-08-2023 · effective 28-06-2023