Financials · financial year 2021, micro format
Annual accounts 2021 filed on 10-06-2022 PDF
Turnover
≈ €120,000
Estimated: probably between €61,000 and €230,000
Total assets
€29,384
Net result
€15,315
Working capital
€8,813
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 €29,384
Fixed assets
€6,472
Current assets
€22,912
Equity and liabilities €29,384
Equity
€15,285
Debt
€14,098
Debt's share of the balance-sheet total is 48.0%.
Key figures and ratios
EBITDA
€19,886
Cash flow
€15,888
Current ratio
1.63
Quick ratio
1.61
Debt to equity
0.92
ROE
100.2%
ROA
52.1%
Interest coverage
71.96
Debt ≤ 1 year
€14,098
Debt > 1 year
€0
Income taxes
€3,978
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €2,967 awarded · €2,967 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,500 | €1,500 |
| 2023 | 1 | €62 | €62 |
| 2022 | 1 | €1,405 | €1,405 |
Annual accounts
| Line | 2021 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €574 |
| Other operating charges640/8 | €283 |
| Gross operating margin9900 | €20,169 |
| Operating profit (loss)9901 | €19,312 |
| Financial income75/76B | €257 |
| Recurring financial income75 | €257 |
| Financial charges65/66B | €276 |
| Recurring financial charges65 | €276 |
| Profit (loss) for the period before taxes9903 | €19,293 |
| Income taxes67/77 | €3,978 |
| Profit (loss) for the period9904 | €15,315 |
| Profit (loss) for the period to be appropriated9905 | €15,315 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €29,384 | |
| Fixed assets21/28 | €6,472 | |
| Intangible fixed assets21 | €5,188 | |
| Tangible fixed assets22/27 | €1,283 | |
| Furniture and vehicles24 | €1,283 | |
| Current assets29/58 | €22,912 | |
| Stocks and contracts in progress3 | €222 | |
| Stocks30/36 | €222 | |
| Amounts receivable within one year40/41 | €8,706 | |
| Trade receivables40 | €5,264 | |
| Other amounts receivable41 | €3,442 | |
| Cash at bank and in hand54/58 | €11,983 | |
| Deferred charges and accrued income490/1 | €2,001 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €29,384 | |
| Equity10/15 | €15,285 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €13,285 | |
| Amounts payable17/49 | €14,098 | |
| Amounts payable after more than one year17 | €0 | |
| Other amounts payable178/9 | €0 | |
| Amounts payable within one year42/48 | €14,098 | |
| Trade debts44 | €6,087 | |
| Suppliers440/4 | €6,087 | |
| Taxes, remuneration and social security45 | €8,012 | |
| Taxes450/3 | €8,012 | |
| Other amounts payable47/48 | €0 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €15,315 |
| + Depreciation and write-downs630 | €574 |
| Operating cash flow (approximation) | €15,888 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 10-06-2022 | 2022-20055040 |