Financials · financial year 2018, micro format
2019 annual accounts not yet filed, deadline passed on 31 July 2020 The financial year closed on 31 December 2019. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 7 financial years without a filing since the last one filed. Source: NBB filings, as of 5 November 2026.
Annual accounts 2018 filed on 22-07-2019 PDF all 3 filings
Turnover
€60,023
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€96,049
Working capital
€1.7m
Balance-sheet composition
Assets €7.2m
Fixed assets
€5.2m
Current assets
€2.0m
Equity and liabilities €7.2m
Equity
€6.6m
Debt
€581,254
Debt's share of the balance-sheet total is 8.1%.
Key figures and ratios
Current ratio
6.29
Debt to equity
0.04
ROE
-1.4%
ROA
-1.3%
Debt ≤ 1 year
€317,679
Debt > 1 year
€263,575
Customer credit
11816 days
Annual accounts
| Line | 2018 |
|---|---|
| Turnover70 | €60,023 |
| Gross operating margin9900 | -€118,016 |
| Operating profit (loss)9901 | -€134,082 |
| Recurring financial income75 | €38,570 |
| Recurring financial charges65 | €537 |
| Profit (loss) for the period before taxes9903 | -€96,049 |
| Profit (loss) for the period9904 | -€96,049 |
| Profit (loss) for the period to be appropriated9905 | -€96,049 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €7.2m | |
| Fixed assets21/28 | €5.2m | |
| Financial fixed assets28 | €5.2m | |
| Current assets29/58 | €2.0m | |
| Amounts receivable within one year40/41 | €1.9m | |
| Cash at bank and in hand54/58 | €0.02m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €7.2m | |
| Equity10/15 | €6.6m | |
| Contributions10/11 | €6.3m | |
| Profit (loss) carried forward14 | -€0.1m | |
| Amounts payable17/49 | €0.6m | |
| Amounts payable after more than one year17 | €0.3m | |
| Amounts payable within one year42/48 | €0.3m | |
| Trade debts44 | €0.004m | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€96,049 |
| Operating cash flow (approximation) | -€96,049 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.