SENRE
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
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 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
51 d early
2020
36 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Turnover
€532k
EBIT margin
56.4%
Net result
€94k▼ 54.7%
2021 · €208k
2018: €180k
2019: €191k
2020: €207k
2021: €208k
2018 → 2022
Working capital
€79k▼ 79.8%
2021 · €392k
2018: €54k
2019: €162k
2020: €280k
2021: €392k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€532k-
Equity€1.62M-€1.81M▲ 11.8%€2.02M▲ 11.4%€2.23M▲ 10.3%€2.32M▲ 4.2%
Operating result€300k-€307k▲ 2.4%€309k▲ 0.6%€305k▼ 1.1%€326k▲ 6.9%
Net result€180k-€191k▲ 6.1%€207k▲ 8.1%€208k▲ 0.7%€94k▼ 54.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 7% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.94M
Fixed assets
€2.86M ▼ 5.9%
Current assets
€81k ▼ 91.3%
Equity and liabilities €2.94M
Equity
€2.32M ▲ 4.2%
Debt
€625k ▼ 64.3%
Debt's share of the balance-sheet total falls from 44.0% to 21.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€506k▲
2021 · €486k
Cash flow
€274k▼
2021 · €389k
Current ratio
53.61▲
2021 · 1.73
Debt to equity
0.27▼
2021 · 0.79
ROE
4.1%▼
2021 · 9.3%
ROA
3.2%▼
2021 · 5.2%
Interest coverage
13.93▼
2021 · 16.64
Debt ≤ 1 year
€2k▼
2021 · €539k
Debt > 1 year
€573k▼
2021 · €1.14M
Income taxes
€31k▼
2021 · €69k
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 · 39 lines
Balance sheet
Code20212022
Assets
Total assets20/58€3.98M€2.94M▼
Fixed assets21/28€3.04M€2.86M▼
Tangible fixed assets22/27€3.04M€2.86M▼
Land and buildings22€3.04M€2.86M▼
Financial fixed assets28€1-
Current assets29/58€932k€81k▼
Amounts receivable within one year40/41€932k€79k▼
Trade receivables40-€50k
Other amounts receivable41€932k€29k▼
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€3.98M€2.94M▼
Equity10/15€2.23M€2.32M▲
Contributions10/11€979k€979k=
Reserves13€54k€54k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€1.19M€1.29M▲
Amounts payable17/49€1.75M€625k▼
Amounts payable after more than one year17€1.14M€573k▼
Financial debts170/4€1.14M€573k▼
Amounts payable within one year42/48€539k€2k▼
Current portion of amounts payable after more than one year42€539k-
Trade debts44-€2k
Suppliers440/4-€2k
Accrued charges and deferred income492/3€75k€50k▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181k€180k▼
Other operating charges640/8€868€945▲
Gross operating margin9900€487k€507k▲
Operating profit (loss)9901€305k€326k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€29k€203k▲
Recurring financial charges65€29k€36k▲
Non-recurring financial charges66B-€167k
Profit (loss) for the period before taxes9903€277k€126k▼
Income taxes67/77€69k€31k▼
Profit (loss) for the period9904€208k€94k▼
Profit (loss) for the period to be appropriated9905€208k€94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.19M€1.29M▲
Profit (loss) brought forward from the previous period14P€984k€1.19M▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
10-01
State Gazette act
General meeting · Member resignation
Capital decrease · Capital
2022
31-12
Financial
Weakest financial yearnet €94k ▼54.7%
Net result drops to €94k, the lowest in the series.
31-12
Financial
Liquidity times 31current ratio 53.61
Current ratio from 1.73 to 53.61; short-term debt falls from €539k to €2k.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €208k ▲0.7%
Net result €208k, the highest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.02M ▲11.4%
3 profitable years in a row build equity to €2.02M.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Show earlier events
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
01-02
State Gazette act
Power of attorney · Mandate compensation
2015
01-12
State Gazette act
Power of attorney
Damien HISETTE
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
Damien HISETTE
01-12
State Gazette act
Power of attorney · Mandate compensation
01-12
State Gazette act
Power of attorney · Mandate compensation
Damien HISETTE
01-12
State Gazette act
Power of attorney · Mandate compensation
01-12
State Gazette act
Power of attorney · Mandate compensation
Prior deed date · Sub delegation
09-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
21-12
State Gazette act
General meeting · Capital decrease
Member admission · Capital increase
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.