WOONPUNT MECHELEN
InactiveNo 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 risk○neutral
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 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline15-09-2026 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 22-05-2023, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d early
2021
74 d early
2020
71 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
€16.43M▲ 24.2%
2021 · €13.23M
2018: €11.21M
2019: €10.33M
2020: €10.26M
2021: €13.23M
2018 → 2022
EBIT margin
23.8%▼ 4.5pp
2021 · 28.3%
2018: 12.3%
2019: 17.4%
2020: 8.0%
2021: 28.3%
2018 → 2022
Net result
€3.38M▲ 3.5%
2021 · €3.26M
2018: €431k
2019: €943k
2020: €167k
2021: €3.26M
2018 → 2022
Working capital
€20.41M
2021 · €-3.48M
2018: €-4.67M
2019: €1.21M
2020: €340k
2021: €-3.48M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€11.21M-€10.33M▼ 7.9%€10.26M▼ 0.7%€13.23M▲ 28.9%€16.43M▲ 24.2%
Equity€9.88M-€12.62M▲ 27.8%€15.90M▲ 25.9%€18.00M▲ 13.2%€27.92M▲ 55.1%
Operating result€1.38M-€1.79M▲ 30.4%€820k▼ 54.3%€3.75M▲ 357%€3.91M▲ 4.3%
Net result€431k-€943k▲ 119%€167k▼ 82.3%€3.26M▲ 1,854%€3.38M▲ 3.5%
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 4% above 2021 and is the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €335.30M
Fixed assets
€295.10M▲ 7.1%
Current assets
€40.21M▲ 139%
Equity and liabilities €335.30M
Equity
€27.92M▲ 55.1%
Provisions
€2.59M▲ 0.8%
Debt
€304.79M▲ 12.1%
The debt ratio falls from 93.0% to 90.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€12.57M▲
2021 · €11.88M
Cash flow
€12.05M▲
2021 · €11.40M
Solvency
8.3%▲
2021 · 6.2%
Current ratio
2.03▲
2021 · 0.83
Quick ratio
1.03▲
2021 · 0.79
Debt / equity
10.92▼
2021 · 15.11
ROE
12.1%▼
2021 · 18.1%
ROA
1.0%▼
2021 · 1.1%
Interest coverage
3.13▼
2021 · 3.34
Debt
€304.79M▲
2021 · €271.87M
Debt ≤ 1 year
€19.79M▼
2021 · €20.28M
Debt > 1 year
€282.98M▲
2021 · €250.38M
Income taxes
€75k▲
2021 · €4k
Staff costs
€3.11M▲
2021 · €2.53M
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€292.44M€335.30M▲
Fixed assets21/28€275.64M€295.10M▲
Intangible fixed assets21€62k€16k▼
Tangible fixed assets22/27€275.57M€295.08M▲
Land and buildings22€236.48M€250.26M▲
Plant, machinery and equipment23€9k€11k▲
Furniture and vehicles24€132k€123k▼
Assets under construction and advance payments27€38.95M€44.68M▲
Financial fixed assets28€2k€2k=
Other financial fixed assets284/8€2k€2k=
Shares284€1k€1k=
Amounts receivable and cash guarantees285/8€600€600=
Current assets29/58€16.80M€40.21M▲
Stocks and contracts in progress3€820k€19.82M▲
Stocks30/36€820k€19.82M▲
Raw materials and consumables30/31€115k€74k▼
Property held for sale35€705k€19.75M▲
Amounts receivable within one year40/41€4.68M€4.46M▼
Trade receivables40€695k€449k▼
Other amounts receivable41€3.99M€4.01M▲
Cash at bank and in hand54/58€10.53M€15.06M▲
Deferred charges and accrued income490/1€773k€862k▲
Equity and liabilities
Total equity and liabilities10/49€292.44M€335.30M▲
Equity10/15€18.00M€27.92M▲
Contributions10/11€35k€48k▲
Capital10€35k-
Issued capital100€74k-
Uncalled capital101€39k-
Revaluation surpluses12€4.10M€4.10M=
Reserves13€5.20M€10.83M▲
Non-distributable reserves130/1€7k€4.50M▲
Reserves not available under the articles1311€7k€4.50M▲
Tax-exempt reserves132€5.19M€5.99M▲
Distributable reserves133-€333k
Profit (loss) carried forward14€-5.39M€-1.60M▲
Investment grants15€14.05M€14.53M▲
Provisions and deferred taxes16€2.57M€2.59M▲
Provisions for liabilities and charges160/5€1.73M€1.73M=
Pensions and similar obligations160€96k€98k▲
Major repairs and maintenance162€1.11M€1.11M=
Other liabilities and charges164/5€522k€520k▼
Deferred taxes168€843k€864k▲
Amounts payable17/49€271.87M€304.79M▲
Amounts payable after more than one year17€250.38M€282.98M▲
Financial debts170/4€248.30M€280.76M▲
Credit institutions173€247.76M€280.76M▲
Other loans174€537k€0▼
Other amounts payable178/9€2.07M€2.22M▲
Amounts payable within one year42/48€20.28M€19.79M▼
Current portion of amounts payable after more than one year42€10.72M€12.08M▲
Trade debts44€7.51M€5.61M▼
Suppliers440/4€7.51M€5.61M▼
Advances received on contracts in progress46€10k€0▼
Taxes, remuneration and social security45€1.65M€1.70M▲
Taxes450/3€1.41M€1.40M▼
Remuneration and social security454/9€238k€301k▲
Other amounts payable47/48€390k€406k▲
Accrued charges and deferred income492/3€1.21M€2.02M▲
Income statement
Code20212022
Operating income70/76A€19.59M€24.36M▲
Turnover70€13.23M€16.43M▲
Own construction capitalised72€899k€741k▼
Other operating income74€1.61M€3.06M▲
Non-recurring operating income76A€3.85M€4.13M▲
Operating charges60/66A€15.84M€20.45M▲
Goods for resale, raw materials and consumables60€1.01M€3.28M▲
Purchases600/8-€3.38M
Change in stocks: decrease (increase)609€1.01M€-101k▼
Services and other goods61€2.73M€3.84M▲
Remuneration, social security and pensions62€2.53M€3.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8.13M€8.67M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€48k€148▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-31k€-121k▼
Other operating charges640/8€1.42M€1.55M▲
Non-recurring operating charges66A-€122k
Operating profit (loss)9901€3.75M€3.91M▲
Financial income75/76B€3.14M€3.56M▲
Recurring financial income75€3.14M€3.56M▲
Income from current assets751€5k€23k▲
Other financial income752/9€3.14M€3.54M▲
Financial charges65/66B€3.64M€4.03M▲
Recurring financial charges65€3.64M€4.03M▲
Debt charges650€3.56M€4.02M▲
Other financial charges652/9€78k€11k▼
Non-recurring financial charges66B€80-
Profit (loss) for the period before taxes9903€3.25M€3.43M▲
Transfer from deferred taxes780€21k€21k▲
Income taxes67/77€4k€75k▲
Taxes670/3€4k€75k▲
Profit (loss) for the period9904€3.26M€3.38M▲
Transfer from tax-exempt reserves789€76k€76k=
Profit (loss) for the period to be appropriated9905€3.34M€3.46M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5.39M€-1.60M▲
Profit (loss) brought forward from the previous period14P€-8.73M€-5.05M▲
Social balance
Average headcount (FTE)908736.145.5▲
The notes to these accounts (90 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
26-07
State Gazette act
Board meeting · Demerger
Accounting effect · Registered-office move
12-07
State Gazette act
General meeting · Merger
Dissolution · Share issue · Gerrit Lybaert
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
12-05
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
12-05
State Gazette act
Board meeting · Merger
Capital · Corporate purpose
2022
31-12
Financial
Highest result since 2018net €3.38M ▲3.5%
Operating result €3.91M, net result €3.38M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.03
Current ratio from 0.83 to 2.03; short-term debt falls from €20.28M to €19.79M.
31-12
Financial
Equity above €25MEq €27.92M ▲55.1%
5 profitable years in a row build equity to €27.92M.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €167k ▼82.3%
Net result drops to €167k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €10MEq €12.62M ▲27.8%
2 profitable years in a row build equity to €12.62M.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 36 days late
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
02-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
10-06
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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Samenwerkende Maatschappij voor Volkshuisvesting
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 1,399,201 EUR awarded · 1,399,201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 666 EUR | 666 EUR |
| 2022 | 2 | 1,398,535 EUR | 1,398,535 EUR |
Schemes
Gewestelijke sociale correctie (GSC)
Compensatie voor kosten van woonactoren bij controle van de eigendomsvoorwaarde in het buitenland
Recognitions · licences · registrations
Legal Entity Identifier
549300UZC6Y3FEU3HW28