for the six months ended
|
||||
| In 000€ | 2023 |
|
2022 |
|
| Operating activities | ||||
| Net (loss) profit for the period | 3,221 |
1,023 |
||
| Non-cash and operational adjustments | ||||
| Depreciation of property plant & equipment | 7,364 |
7,630 |
||
| Amortization of intangible assets | 3,334 |
3,186 |
||
| Impairment of goodwill and intangible assets | - |
- |
||
| Share-based payment expense | - |
(97) |
||
| Loss (gain) on disposal of intangible assets and property, plant & equipment | (106) |
31 |
||
| Movement in provisions | (591) |
5 |
||
| Movement reserve for bad debt and slow moving inventory | 272 |
136 |
||
| Financial income | (2,095) |
(5,509) |
||
| Financial expense | 2,055 |
2,564 |
||
| Impact of foreign currencies | (84) |
(61) |
||
| (Deferred) income taxes | 1,254 |
885 |
||
| Working capital adjustments | (3,336) |
10,154 |
||
| Decrease (increase) in trade receivables and other receivables | 4,269 |
1,450 |
||
| Decrease (increase) in inventories and contracts in progress | 81 |
(2,839) |
||
| Increase (decrease) in deferred revenue | (1,772) |
3,658 |
||
| Increase (decrease) in trade payables and other payables | (5,914) |
7,884 |
||
| Income tax paid & Interest received | 531 |
(201) |
||
| Net cash flow from operating activities | 11,819 |
19,747 |
||
|
for the six months ended
|
||||
| In 000€ | 2023 |
|
2022 |
|
| Investing activities | ||||
| Purchase of property, plant & equipment | (4,333) |
(7,494) |
||
| Purchase of intangible assets | (1,056) |
(2,553) |
||
| Proceeds from the sale of property, plant & equipment & intangible assets (net) | 218 |
184 |
||
| Acquisition of subsidiary (net of cash) | - |
(25,610) |
||
| Net cash flow used in investing activities | (5,172) |
(35,473) |
||
| Financing activities | ||||
| Repayment of loans & borrowings | (8,617) |
(9,018) |
||
| Repayment of leases | (1,744) |
(1,668) |
||
| Capital increase | - |
- |
||
| Interest paid | (891) |
(1,155) |
||
| Other financial income (expense) | (33) |
604 |
||
| Net cash flow from (used in) financing activities | (11,285) |
(11,236) |
||
| Net increase/(decrease) of cash & cash equivalents | (4,638) |
(26,964) |
||
| Cash & Cash equivalents at the beginning of the year | 140,867 |
196,028 |
||
| Exchange rate differences on cash & cash equivalents | 57 |
(930) |
||
| Cash & cash equivalents at end of the period | 136,285 |
168,133 |
||
