MIDDELWEG-ALBERT
InactiveInactive; last annual accounts for fiscal year 2022.
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 31-12-2022 was due by 31-07-2023 and was filed on 02-03-2023, 151 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2022
151 d early
2021
38 d early
2020
33 d early
2019
36 d early
2018
49 d early
2017
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-176k
2021 · €122k
2018: €59k
2019: €400k
2020: €268k
2021: €122k
2018 → 2022
Total assets
€19.04M▲ 48.9%
2021 · €12.79M
2018: €1.58M
2019: €2.43M
2020: €3.95M
2021: €12.79M
2018 → 2022
Net result
€-298k▼ 103%
2021 · €-147k
2018: €-89k
2019: €-70k
2020: €-131k
2021: €-147k
2018 → 2022
Working capital
€-19.15M▼ 51.4%
2021 · €-12.64M
2018: €-400k
2019: €-1.71M
2020: €-3.64M
2021: €-12.64M
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€59k-€400k▲ 581%€268k▼ 32.9%€122k▼ 54.6%€-176k
Operating result€-70k-€-44k▲ 36.5%€-51k▼ 13.9%€-6k▲ 88.1%€-7k▼ 16.4%
Net result€-89k-€-70k▲ 21.9%€-131k▼ 88.7%€-147k▼ 11.5%€-298k▼ 103%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2022 against €6k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €19.04M
Fixed assets
€18.97M ▲ 48.4%
Current assets
€66k ▲ 774%
Key figures and ratios
Solvency
-0.9%▼
2021 · 1.0%
Current ratio
0.00▲
2021 · 0.00
ROA
-1.6%▼
2021 · -1.1%
Debt
€19.21M▲
2021 · €12.67M
Debt ≤ 1 year
€19.21M▲
2021 · €12.65M
Debt > 1 year
€750
A ratio outside any meaningful range has been withheld (balance sheet total €19.04M, equity €-176k).
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 · 2022 against 2021 · 33 lines
Balance sheet
Code20212022
Assets
Total assets20/58€12.79M€19.04M▲
Fixed assets21/28€12.78M€18.97M▲
Tangible fixed assets22/27€12.78M€18.97M▲
Land and buildings22-€18.97M
Assets under construction and advance payments27€12.78M-
Current assets29/58€8k€66k▲
Cash at bank and in hand54/58€8k€66k▲
Equity and liabilities
Total equity and liabilities10/49€12.79M€19.04M▲
Equity10/15€122k€-176k▼
Contributions10/11€562k€562k=
Capital10€562k€562k=
Issued capital100€562k€562k=
Profit (loss) carried forward14€-440k€-738k▼
Amounts payable17/49€12.67M€19.21M▲
Amounts payable after more than one year17-€750
Other amounts payable178/9-€750
Amounts payable within one year42/48€12.65M€19.21M▲
Financial debts43€11.87M-
Credit institutions430/8€11.87M-
Trade debts44€781k€545k▼
Suppliers440/4€781k€545k▼
Other amounts payable47/48-€18.67M
Accrued charges and deferred income492/3€15k-
Income statement
Code20212022
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-5k€-4k▲
Operating profit (loss)9901€-6k€-7k▼
Financial charges65/66B€141k€291k▲
Recurring financial charges65€141k€291k▲
Profit (loss) for the period before taxes9903€-147k€-298k▼
Profit (loss) for the period9904€-147k€-298k▼
Profit (loss) for the period to be appropriated9905€-147k€-298k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-440k€-738k▼
Profit (loss) brought forward from the previous period14P€-294k€-440k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
24-05
State Gazette act
Board meeting · Merger
Accounting effect · Dissolution
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
06-01
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
2022
31-12
Financial
Weakest financial yearnet €-298k
Net result drops to €-298k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €400k ▲581%
Equity rises from €59k to €400k.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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:INCLUSIO