G2
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 26-11-2021, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
66 d early
2020
65 d early
2019
13 d early
2018
26 d early
2017
19 d early
2016
24 d late
2015
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€304k▼ 76.4%
2020 · €1.29M
2019: €892k
2020: €1.29M
2019 → 2021
EBIT margin
8.3%▼ 1.8pp
2020 · 10.2%
2019: 14.6%
2020: 10.2%
2019 → 2021
Net result
€16k▼ 99.7%
2020 · €5.75M
2019: €87k
2020: €5.75M
2019 → 2021
Working capital
€3.65M▲ 358%
2020 · €796k
2019: €382k
2020: €796k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€892k-€1.29M▲ 44.7%€304k▼ 76.4%
Equity€7.91M-€9.81M▲ 24.0%€9.83M▲ 0.2%
Operating result€130k-€131k▲ 0.8%€25k▼ 80.7%
Net result€87k-€5.75M▲ 6,496%€16k▼ 99.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 81% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €13.36M
Fixed assets
€9.01M ▼ 0.1%
Current assets
€4.36M ▲ 372%
Equity and liabilities €13.36M
Equity
€9.83M ▲ 0.2%
Debt
€3.53M ▲ 2,690%
Debt's share of the balance-sheet total rises from 1.3% to 26.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▼
2020 · €148k
Cash flow
€26k▼
2020 · €5.76M
Current ratio
6.13▼
2020 · 7.28
Debt to equity
0.28
ROE
0.2%▼
2020 · 58.6%
ROA
0.1%▼
2020 · 57.8%
Interest coverage
1.49▼
2020 · 80.56
Debt ≤ 1 year
€710k▲
2020 · €127k
Debt > 1 year
€2.80M
Income taxes
€10k▼
2020 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 27 lines
Balance sheet
Code20202021
Assets
Total assets20/58€9.94M€13.36M▲
Fixed assets21/28€9.02M€9.01M▼
Tangible fixed assets22/27€21k€10k▼
Financial fixed assets28€9.00M€9.00M=
Current assets29/58€923k€4.36M▲
Amounts receivable within one year40/41€262k€657k▲
Cash at bank and in hand54/58€574k€1.31M▲
Equity and liabilities
Total equity and liabilities10/49€9.94M€13.36M▲
Equity10/15€9.81M€9.83M▲
Contributions10/11€3.82M-
Reserves13€128k€128k=
Profit (loss) carried forward14€5.86M€5.88M▲
Amounts payable17/49€127k€3.53M▲
Amounts payable after more than one year17-€2.80M
Amounts payable within one year42/48€127k€710k▲
Trade debts44€33k€1k▼
Income statement
Code20202021
Turnover70€1.29M€304k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€10k▼
Operating profit (loss)9901€131k€25k▼
Recurring financial income75€6.00M€25k▼
Recurring financial charges65€340k€24k▼
Debt charges650€2k€24k▲
Profit (loss) for the period before taxes9903€5.79M€26k▼
Income taxes67/77€46k€10k▼
Profit (loss) for the period9904€5.75M€16k▼
Profit (loss) for the period to be appropriated9905€5.75M€16k▼
Appropriation of the result
Return on contributions (dividend)694€2.00M-
Timeline · acts, filings and financial milestones
2022
02-05
State Gazette act
General meeting · Merger
Accounting effect · Permanent representative
21-02
State Gazette act
Board meeting · Board composition
Permanent representative · Merger
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Weakest financial yearnet €16k ▼99.7%
Net result drops to €16k, the lowest in the series.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Highest result since 2019net €5.75M ▲6496%
Operating result €131k, net result €5.75M, both a record.
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
24-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
2015
16-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2014
02-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
24-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
30-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated 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:Tech Tribes