STAES-GROCHOCKI
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Three 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 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-08-2023, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
24 d late
2021
26 d early
2020
15 d early
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€636k▲ 24.9%
2021 · €509k
2018: €299k
2019: €362k
2020: €379k
2021: €509k
2018 → 2022
Total assets
€776k▲ 25.4%
2021 · €619k
2018: €499k
2019: €539k
2020: €572k
2021: €619k
2018 → 2022
Net result
€127k▼ 20.2%
2021 · €159k
2018: €64k
2019: €64k
2020: €73k
2021: €159k
2018 → 2022
Working capital
€308k▲ 82.7%
2021 · €169k
2018: €-34k
2019: €11k
2020: €27k
2021: €169k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€299k-€362k▲ 20.9%€379k▲ 4.9%€509k▲ 34.3%€636k▲ 24.9%
Operating result€99k-€95k▼ 4.0%€105k▲ 10.9%€211k▲ 101%€170k▼ 19.8%
Net result€64k-€64k▲ 0.3%€73k▲ 13.5%€159k▲ 117%€127k▼ 20.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 20% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €776k
Fixed assets
€330k▼ 7.6%
Current assets
€446k▲ 70.6%
Equity and liabilities €776k
Equity
€636k▲ 24.9%
Debt
€140k▲ 27.9%
The debt ratio rises from 17.7% to 18.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€187k▼
2021 · €231k
Cash flow
€144k▼
2021 · €179k
Solvency
82.0%▼
2021 · 82.3%
Current ratio
3.24▲
2021 · 2.82
Quick ratio
3.10▲
2021 · 2.62
Debt / equity
0.22▲
2021 · 0.22
ROE
19.9%▼
2021 · 31.2%
ROA
16.3%▼
2021 · 25.7%
Interest coverage
167.19▲
2021 · 85.85
Debt
€140k▲
2021 · €110k
Debt ≤ 1 year
€138k▲
2021 · €93k
Debt > 1 year
€2k▼
2021 · €17k
Income taxes
€43k▼
2021 · €51k
Staff costs
€102k▲
2021 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€619k€776k▲
Fixed assets21/28€357k€330k▼
Tangible fixed assets22/27€357k€330k▼
Land and buildings22€311k€300k▼
Plant, machinery and equipment23€35k€30k▼
Furniture and vehicles24€4k-
Other tangible fixed assets26€7k-
Current assets29/58€262k€446k▲
Amounts receivable after more than one year29-€21k
Other amounts receivable291-€21k
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€38k€209k▲
Trade receivables40€2k-
Other amounts receivable41€36k€209k▲
Cash at bank and in hand54/58€204k€198k▼
Deferred charges and accrued income490/1€681€122▼
Equity and liabilities
Total equity and liabilities10/49€619k€776k▲
Equity10/15€509k€636k▲
Contributions10/11€19k€19k=
Reserves13€491k€491k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€480k€480k=
Profit (loss) carried forward14-€127k
Amounts payable17/49€110k€140k▲
Amounts payable after more than one year17€17k€2k▼
Financial debts170/4€17k-
Other amounts payable178/9-€2k
Amounts payable within one year42/48€93k€138k▲
Current portion of amounts payable after more than one year42€9k-
Trade debts44€12k€62k▲
Suppliers440/4€12k€62k▲
Advances received on contracts in progress46-€12k
Taxes, remuneration and social security45€30k€64k▲
Taxes450/3€22k€50k▲
Remuneration and social security454/9€8k€14k▲
Other amounts payable47/48€42k-
Income statement
Code20212022
Remuneration, social security and pensions62€69k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€303k€292k▼
Operating profit (loss)9901€211k€170k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€210k€170k▼
Income taxes67/77€51k€43k▼
Profit (loss) for the period9904€159k€127k▼
Profit (loss) for the period to be appropriated9905€159k€127k▼
Appropriation of the result
Profit (loss) to be appropriated9906€159k€127k▼
Transfer from equity791/2€81k-
Transfer to equity691/2€159k-
To other reserves6921€159k-
Profit to be distributed694/7€81k-
Return on contributions (dividend)694€81k-
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
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
15-06
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €159k ▲117%
Operating result €211k, net result €159k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.82
Current ratio from 1.16 to 2.82; short-term debt falls from €168k to €93k.
31-12
Financial
Equity above €500kEq €509k ▲34.3%
4 profitable years in a row build equity to €509k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · 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:OD Tandartsen
Recognitions · licences · registrations
Legal Entity Identifier
875500MUSFFRXBS3KY47