6EN30
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 03-09-2021 was due by 03-04-2022 and was filed on 25-04-2022, 22 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
2021
22 d late
2020
6 d late
2019
16 d early
2018
2 d late
2017
32 d early
2016
38 d early
2015
40 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2021, full schema
Turnover
€156k
EBIT margin
70.1%
Net result
€-606k▼ 6,891%
2020 · €-9k
Working capital
€-13.19M▼ 21.4%
2020 · €-10.86M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€156k
Operating result€-156k-€-64k▲ 58.9%€-6k▲ 90.4%€110k
Net result€-80k-€-12k▲ 84.7%€-9k▲ 29.3%€-606k▼ 6,891%
EBIT margin70.1%
Equity€1.25M-€1.24M▼ 1.0%€1.23M▼ 0.7%€4.95M▲ 303%
Total assets€1.38M-€2.01M▲ 45.0%€12.19M▲ 508%€18.69M▲ 53.3%
Debt€134k-€770k▲ 474%€10.96M▲ 1,325%€13.74M▲ 25.3%
Working capital€1.25M-€-29k€-10.86M▼ 37,762%€-13.19M▼ 21.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €110k after a loss of €6k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €18.69M
Fixed assets
€18.31M ▲ 51.1%
Current assets
€386k ▲ 389%
Equity and liabilities €18.69M
Equity
€4.95M ▲ 303%
Debt
€13.74M ▲ 25.3%
Debt's share of the balance-sheet total falls from 89.9% to 73.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.03▲
2020 · 0.01
Debt to equity
2.78
ROE
-12.2%▼
2020 · -0.7%
ROA
-3.2%▼
2020 · -0.1%
Debt ≤ 1 year
€13.58M▲
2020 · €10.94M
Income taxes
€649k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €168k | - |
| Turnover70 | - | - | - | €156k | - |
| Other operating income74 | - | - | - | €12k | - |
| Operating charges60/66A | - | - | - | €59k | - |
| Services and other goods61 | - | - | - | €58k | - |
| Other operating charges640/8 | - | - | - | €409 | - |
| Operating profit (loss)9901 | €-156k | €-64k | €-6k | €110k | ▲ 1,878% |
| Recurring financial income75 | €76k | €55k | - | - | - |
| Financial charges65/66B | - | - | - | €66k | - |
| Recurring financial charges65 | €5k | €3k | €3k | €66k | ▲ 2,528% |
| Debt charges650 | €295 | €233 | €57 | €64k | ▲ 112,970% |
| Other financial charges652/9 | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €-85k | €-12k | €-9k | €44k | ▲ 605% |
| Income taxes67/77 | €-5k | - | - | €649k | - |
| Taxes670/3 | - | - | - | €649k | - |
| Profit (loss) for the period9904 | €-80k | €-12k | €-9k | €-606k | ▼ 6,891% |
| Profit (loss) for the period to be appropriated9905 | €-80k | €-12k | €-9k | €-606k | ▼ 6,891% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.38M | €2.01M | €12.19M | €18.69M | ▲ 53.3% |
| Fixed assets21/28 | - | €1.27M | €12.11M | €18.31M | ▲ 51.1% |
| Tangible fixed assets22/27 | - | €1.27M | €12.11M | €18.31M | ▲ 51.1% |
| Land and buildings22 | - | - | - | €18.31M | - |
| Current assets29/58 | €1.38M | €741k | €79k | €386k | ▲ 389% |
| Stocks and contracts in progress3 | €32k | - | - | - | - |
| Amounts receivable within one year40/41 | €1.28M | €675k | €68k | €107k | ▲ 58.2% |
| Trade receivables40 | - | - | - | €39k | - |
| Other amounts receivable41 | - | - | - | €68k | - |
| Cash at bank and in hand54/58 | €440 | €10k | €10k | €279k | ▲ 2,580% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.38M | €2.01M | €12.19M | €18.69M | ▲ 53.3% |
| Equity10/15 | €1.25M | €1.24M | €1.23M | €4.95M | ▲ 303% |
| Contributions10/11 | €615k | €615k | €615k | €615k | = |
| Capital10 | - | - | - | €615k | - |
| Issued capital100 | - | - | - | €615k | - |
| Revaluation surpluses12 | - | - | - | €4.33M | - |
| Reserves13 | €686k | €686k | €686k | €686k | = |
| Non-distributable reserves130/1 | - | - | - | €36k | - |
| Legal reserve130 | - | - | - | €36k | - |
| Distributable reserves133 | - | - | - | €650k | - |
| Profit (loss) carried forward14 | €-52k | €-64k | €-73k | €-678k | ▼ 833% |
| Amounts payable17/49 | €134k | €770k | €10.96M | €13.74M | ▲ 25.3% |
| Amounts payable within one year42/48 | €130k | €770k | €10.94M | €13.58M | ▲ 24.1% |
| Trade debts44 | €76k | €743k | €453k | €374k | ▼ 17.5% |
| Suppliers440/4 | - | - | - | €374k | - |
| Taxes, remuneration and social security45 | - | - | - | €649k | - |
| Taxes450/3 | - | - | - | €649k | - |
| Other amounts payable47/48 | - | - | - | €12.55M | - |
| Accrued charges and deferred income492/3 | - | - | - | €167k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-80k | €-12k | €-9k | €-606k | ▼ 6,891% |
| Operating cash flow (approximation) | €-80k | €-12k | €-9k | €-606k | ▼ 6,891% |
| Investment in fixed assets (approximation) | - | - | €-10.85M | €-6.19M | ▲ 42.9% |
| Change in cash | - | €10k | €30 | €268k | ▲ 908,633% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
23-09
State Gazette act
Board meeting · Merger
Dissolution · Power of attorney · Peter Timmermans
03-09
Financial
Weakest financial yearnet €-606k
Net result drops to €-606k, the lowest in the series.
03-09
Financial
Equity above €2MEq €4.95M ▲303%
Equity rises from €1.23M to €4.95M.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 6 days late
19-07
State Gazette act
Merger · Corporate purpose
Accounting effect · Real estate
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:XL Fund