ZENDO
Open bankruptcyFinancials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€31,310▲ 11.3%
2021 · -€35,289
Working capital
-€32,087▼ 35.9%
2021 · -€23,607
Trend over the years
2018 to 2022, 5 fiscal years 2018 to 2022, 5 fiscal years
The operating result stays negative: a loss of €31,244 in 2022 against €35,231 in 2021; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€31,244
2022
Net result-€31,310
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€129,510
2022
Equity€50,294
2022
Debt€79,216
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€32,087
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-24.2%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency38.8%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.59
2022
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€26,118--€21,601▲ 17.3%-€24,924▼ 15.4%-€35,231▼ 41.4%-€31,244▲ 11.3%
Net result-€26,158--€21,693▲ 17.1%-€24,621below the sector's middle half▼ 13.5%-€35,289below the sector's middle half▼ 43.3%-€31,310below the sector's middle half▲ 11.3%
Equity€163,207-€141,514▼ 13.3%€116,893within the sector's middle half▼ 17.4%€81,604within the sector's middle half▼ 30.2%€50,294within the sector's middle half▼ 38.4%
Total assets€189,756-€141,764▼ 25.3%€117,859within the sector's middle half▼ 16.9%€118,116within the sector's middle half▲ 0.2%€129,510within the sector's middle half▲ 9.6%
Debt€26,549-€250▼ 99.1%€965▲ 286%€36,512▲ 3,682%€79,216▲ 117%
Working capital€26,046-€1,845▼ 92.9%€943within the sector's middle half▼ 48.9%-€23,607below the sector's middle half-€32,087below the sector's middle half▼ 35.9%
Solvency86.0%-99.8%▲ 13.8pp99.2%above the sector's middle half▼ 0.6pp69.1%above the sector's middle half▼ 30.1pp38.8%within the sector's middle half▼ 30.3pp
Current ratio48.14-8.38▼ 39.761.98within the sector's middle half▼ 6.400.35below the sector's middle half▼ 1.620.59below the sector's middle half▲ 0.24
Return on assets (ROA)-13.8%--15.3%▼ 1.5pp-20.9%below the sector's middle half▼ 5.6pp-29.9%below the sector's middle half▼ 9.0pp-24.2%below the sector's middle half▲ 5.7pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €129,510
Fixed assets
€82,381 ▼ 21.7%
Current assets
€47,130 ▲ 265%
Equity and liabilities €129,510
Equity
€50,294 ▼ 38.4%
Debt
€79,216 ▲ 117%
Debt's share of the balance-sheet total rises from 30.9% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€8,064▲
2021 · -€11,176
Cash flow
-€8,130▲
2021 · -€11,234
Quick ratio
0.01▼
2021 · 0.15
Debt to equity
1.58▲
2021 · 0.45
ROE
-62.3%▼
2021 · -43.2%
Interest coverage
-121.96▲
2021 · -192.75
Debt ≤ 1 year
€79,216▲
2021 · €36,512
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,488 | €23,488 | €23,488 | €24,056 | €23,180 | ▼ 3.6% |
| Other operating charges640/8 | - | - | €584 | €2,000 | - | - |
| Non-recurring operating charges66A | - | - | €230 | - | - | - |
| Gross operating margin9900 | €11,664 | €1,887 | -€622 | -€9,176 | -€8,064 | ▲ 12.1% |
| Operating profit (loss)9901 | -€26,118 | -€21,601 | -€24,924 | -€35,231 | -€31,244 | ▲ 11.3% |
| Financial income75/76B | - | - | €310 | - | - | - |
| Recurring financial income75 | €104 | - | €104 | - | - | - |
| Non-recurring financial income76B | - | - | €207 | - | - | - |
| Financial charges65/66B | - | - | €7 | €58 | €66 | ▲ 14.0% |
| Recurring financial charges65 | €144 | €91 | €7 | €58 | €66 | ▲ 14.0% |
| Profit (loss) for the period before taxes9903 | -€26,158 | -€21,693 | -€24,621 | -€35,289 | -€31,310 | ▲ 11.3% |
| Profit (loss) for the period9904 | -€26,158 | -€21,693 | -€24,621 | -€35,289 | -€31,310 | ▲ 11.3% |
| Profit (loss) for the period to be appropriated9905 | -€26,158 | -€21,693 | -€24,621 | -€35,289 | -€31,310 | ▲ 11.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189,756 | €141,764 | €117,859 | €118,116 | €129,510 | ▲ 9.6% |
| Fixed assets21/28 | €163,157 | €139,669 | €115,950 | €105,211 | €82,381 | ▼ 21.7% |
| Intangible fixed assets21 | €158,390 | €136,542 | €114,463 | €105,211 | €82,031 | ▼ 22.0% |
| Tangible fixed assets22/27 | €4,767 | €3,127 | €1,487 | - | - | - |
| Plant, machinery and equipment23 | - | - | €1,487 | - | - | - |
| Financial fixed assets28 | - | - | - | - | €350 | - |
| Current assets29/58 | €26,599 | €2,095 | €1,908 | €12,906 | €47,130 | ▲ 265% |
| Stocks and contracts in progress3 | - | - | - | €7,562 | €46,062 | ▲ 509% |
| Stocks30/36 | - | - | - | €7,562 | €46,062 | ▲ 509% |
| Amounts receivable within one year40/41 | €23,859 | €2,014 | €1,730 | €4,526 | €702 | ▼ 84.5% |
| Trade receivables40 | - | - | €1,730 | €1,730 | €551 | ▼ 68.2% |
| Other amounts receivable41 | - | - | - | €2,796 | €151 | ▼ 94.6% |
| Cash at bank and in hand54/58 | €2,586 | €81 | €178 | €126 | €366 | ▲ 191% |
| Deferred charges and accrued income490/1 | - | - | - | €692 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189,756 | €141,764 | €117,859 | €118,116 | €129,510 | ▲ 9.6% |
| Equity10/15 | €163,207 | €141,514 | €116,893 | €81,604 | €50,294 | ▼ 38.4% |
| Contributions10/11 | €309,912 | €309,912 | €309,912 | €309,912 | €309,912 | = |
| Capital10 | - | - | €309,912 | €309,912 | €309,912 | = |
| Issued capital100 | - | - | €309,912 | €309,912 | €309,912 | = |
| Profit (loss) carried forward14 | -€146,705 | -€168,398 | -€193,019 | -€228,308 | -€259,618 | ▼ 13.7% |
| Amounts payable17/49 | €26,549 | €250 | €965 | €36,512 | €79,216 | ▲ 117% |
| Amounts payable after more than one year17 | €21,175 | - | - | - | - | - |
| Amounts payable within one year42/48 | €553 | €250 | €965 | €36,512 | €79,216 | ▲ 117% |
| Trade debts44 | €553 | €250 | - | €13,569 | €49,474 | ▲ 265% |
| Suppliers440/4 | - | - | - | €13,569 | €49,474 | ▲ 265% |
| Taxes, remuneration and social security45 | - | - | €343 | €2,315 | - | - |
| Taxes450/3 | - | - | €343 | €2,315 | - | - |
| Other amounts payable47/48 | - | - | €622 | €20,628 | €29,742 | ▲ 44.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,158 | -€21,693 | -€24,621 | -€35,289 | -€31,310 | ▲ 11.3% |
| + Depreciation and write-downs630 | €23,488 | €23,488 | €23,488 | €24,056 | €23,180 | ▼ 3.6% |
| Operating cash flow (approximation) | -€2,670 | €1,796 | -€1,132 | -€11,234 | -€8,130 | ▲ 27.6% |
| Investment in fixed assets (approximation) | - | €0 | €230 | -€13,316 | -€350 | ▲ 97.4% |
| Change in cash | - | -€2,505 | €97 | -€53 | €240 | ▲ 556% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 1,580 companies in this sector we hold annual accounts for 995. 608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector