MTOUCH
InactiveInactive; last annual accounts for fiscal year 2023.
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 31-12-2023 was due by 31-07-2024 and was filed on 15-07-2024, 16 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2023
16 d early
2022
31 d late
2021
48 d early
2020
2 d late
2019
74 d late
2018
153 d late
2017
58 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€1.11M▲ 64.9%
2020 · €671k
2018: €910k
2019: €761k
2020: €671k
2018 → 2021
EBIT margin
27.7%▲ 26.2pp
2020 · 1.4%
2018: 3.9%
2019: 13.3%
2020: 1.4%
2018 → 2021
Net result
€-60k▼ 1,932%
2022 · €-3k
2018: €20k
2019: €75k
2020: €6k
2021: €237k
2022: €-3k
2018 → 2023
Working capital
€464k▼ 11.1%
2022 · €522k
2018: €184k
2019: €256k
2020: €272k
2021: €529k
2022: €522k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€761k-€671k▼ 11.8%€1.11M▲ 64.9%
Equity€274k-€280k▲ 2.3%€517k▲ 84.6%€526k▲ 1.8%€466k▼ 11.5%
Operating result€101k-€9k▼ 90.7%€306k▲ 3,152%€-2k€-68k▼ 2,819%
Net result€75k-€6k▼ 91.7%€237k▲ 3,709%€-3k€-60k▼ 1,932%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68k in 2023 against €2k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €615k
Fixed assets
€2k ▼ 62.2%
Current assets
€614k ▼ 12.6%
Equity and liabilities €615k
Equity
€466k ▼ 11.5%
Debt
€150k ▼ 17.1%
Debt's share of the balance-sheet total falls from 25.6% to 24.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-66k▼
2022 · €81
Cash flow
€-58k▼
2022 · €-552
Current ratio
4.10▲
2022 · 3.89
Debt to equity
0.32▼
2022 · 0.34
ROE
-13.0%▼
2022 · -0.6%
ROA
-9.8%▼
2022 · -0.4%
Interest coverage
-26.80▼
2022 · 0.12
Debt ≤ 1 year
€150k▼
2022 · €181k
Income taxes
€2k▲
2022 · €400
Staff costs
€153k▲
2022 · €66k
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 · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€707k€615k▼
Fixed assets21/28€4k€2k▼
Intangible fixed assets21€2k€623▼
Tangible fixed assets22/27€1k€880▼
Furniture and vehicles24€1k€880▼
Current assets29/58€703k€614k▼
Amounts receivable within one year40/41€228k€279k▲
Trade receivables40€193k€221k▲
Other amounts receivable41€36k€58k▲
Cash at bank and in hand54/58€474k€334k▼
Deferred charges and accrued income490/1-€97
Equity and liabilities
Total equity and liabilities10/49€707k€615k▼
Equity10/15€526k€466k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€506k€445k▼
Amounts payable17/49€181k€150k▼
Amounts payable within one year42/48€181k€150k▼
Trade debts44€145k€112k▼
Suppliers440/4€145k€112k▼
Taxes, remuneration and social security45€35k€38k▲
Taxes450/3€23k€11k▼
Remuneration and social security454/9€13k€27k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20222023
Remuneration, social security and pensions62€66k€153k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€2k▲
Other operating charges640/8€206€0▼
Non-recurring operating charges66A€0-
Gross operating margin9900€66k€90k▲
Operating profit (loss)9901€-2k€-68k▼
Financial income75/76B€457€13k▲
Recurring financial income75€457€13k▲
Financial charges65/66B€690€2k▲
Recurring financial charges65€690€2k▲
Profit (loss) for the period before taxes9903€-3k€-58k▼
Income taxes67/77€400€2k▲
Profit (loss) for the period9904€-3k€-60k▼
Profit (loss) for the period to be appropriated9905€-3k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€506k€445k▼
Profit (loss) brought forward from the previous period14P€509k€506k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
14-06
State Gazette act
General meeting · Merger
Accounting effect · Tim CARNEWAL
05-02
State Gazette act
Merger · Accounting effect
Power of attorney
2023
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €237k ▲3709%
Operating result €306k, net result €237k, both a record.
31-12
Financial
Equity above €500kEq €517k ▲84.6%
4 profitable years in a row build equity to €517k.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
2019
31-12
Financial
Equity above €200kEq €274k ▲37.7%
2 profitable years in a row build equity to €274k.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 153 days late
Show earlier events
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
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:REDPHARMA