SYNDIC PRO
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 25-06-2024, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
36 d early
2022
6 d early
2021
21 d early
2020
88 d early
2019
39 d early
2018
2 d early
2017
5 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€202k
EBIT margin
6.6%
Net result
€99k▲ 183%
2022 · €35k
2018: €-8k
2019: €-328
2020: €7k
2021: €-7k
2022: €35k
2018 → 2023
Working capital
€41k▲ 88.4%
2022 · €22k
2018: €43k
2019: €53k
2020: €60k
2021: €67k
2022: €22k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€202k
Equity€109k-€116k▲ 6.6%€48k▼ 58.8%€58k▲ 21.7%€67k▲ 14.9%
Operating result€-2k-€7k€-7k€13k€92k▲ 596%
Net result€-328-€7k€-7k€35k€99k▲ 183%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 596% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €175k
Fixed assets
€36k ▼ 1.2%
Current assets
€139k ▲ 121%
Equity and liabilities €175k
Equity
€67k ▲ 14.9%
Debt
€108k ▲ 162%
Debt's share of the balance-sheet total rises from 41.6% to 61.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93k▲
2022 · €15k
Cash flow
€99k▲
2022 · €36k
Current ratio
1.41▼
2022 · 1.52
Debt to equity
1.62▲
2022 · 0.71
ROE
148.2%▲
2022 · 60.1%
ROA
56.4%▲
2022 · 35.1%
Interest coverage
630.73▲
2022 · 21.68
Debt ≤ 1 year
€98k▲
2022 · €41k
Income taxes
€-7k▼
2022 · €17k
Staff costs
€33k▲
2022 · €12k
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 · 53 lines
Balance sheet
Code20222023
Assets
Total assets20/58€99k€175k▲
Fixed assets21/28€36k€36k▼
Tangible fixed assets22/27€429-
Plant, machinery and equipment23€429-
Financial fixed assets28€36k€36k=
Current assets29/58€63k€139k▲
Amounts receivable within one year40/41€26k€76k▲
Trade receivables40€12k€8k▼
Other amounts receivable41€13k€68k▲
Cash at bank and in hand54/58€33k€60k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€99k€175k▲
Equity10/15€58k€67k▲
Contributions10/11€8k€8k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€10k€19k▲
Amounts payable17/49€41k€108k▲
Amounts payable within one year42/48€41k€98k▲
Financial debts43€150-
Credit institutions430/8€150-
Trade debts44€1k€875▼
Suppliers440/4€1k€875▼
Advances received on contracts in progress46-€680
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€7k-
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€29k€93k▲
Accrued charges and deferred income492/3€42€10k▲
Income statement
Code20222023
Turnover70€202k-
Non-recurring operating income76A€8k-
Goods, raw materials, services and sundry goods60/61€184k-
Remuneration, social security and pensions62€12k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€429▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€31k€131k▲
Operating profit (loss)9901€13k€92k▲
Financial income75/76B€39k-
Recurring financial income75€22-
Non-recurring financial income76B€39k-
Financial charges65/66B€677€147▼
Recurring financial charges65€677€147▼
Profit (loss) for the period before taxes9903€51k€92k▲
Income taxes67/77€17k€-7k▼
Profit (loss) for the period9904€35k€99k▲
Profit (loss) for the period to be appropriated9905€35k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€109k▲
Profit (loss) brought forward from the previous period14P-€10k
Profit to be distributed694/7€25k€90k▲
Directors or managers695€25k€90k▲
Social balance
Average headcount (FTE)9087-0.7
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €99k ▲183%
Operating result €92k, net result €99k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
13-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:BE 0741.877.180
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 9,857 EUR awarded · 9,857 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 8,587 EUR | 8,587 EUR |
| 2022 | 1 | 1,270 EUR | 1,270 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)