A & A
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-10-2021, 88 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
not filed
2021
not filed
2020
88 d late
2019
112 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 100 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,372▼ 85.6%
2019 · €23,438
Working capital
€125,375▼ 4.2%
2019 · €130,880
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
Line201820192020
Operating result€29,648-€51,580▲ 74.0%€5,334▼ 89.7%
Net result€16,059-€23,438▲ 45.9%€3,372▼ 85.6%
Equity€225,037-€248,475▲ 10.4%€251,847▲ 1.4%
Total assets€1.7m-€1.5m▼ 9.7%€1.8m▲ 20.8%
Debt€1.4m-€1.3m▼ 12.8%€1.6m▲ 24.7%
Working capital€51,916-€130,880▲ 152%€125,375▼ 4.2%
Staff (FTE)4.2-3.5▼ 16.7%3.3▼ 5.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 90% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.8m
Fixed assets
€173,740 ▼ 0.5%
Current assets
€1.6m ▲ 23.6%
Equity and liabilities €1.8m
Equity
€251,847 ▲ 1.4%
Debt
€1.6m ▲ 24.7%
Debt's share of the balance-sheet total rises from 83.5% to 86.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,226▼
2019 · €54,503
Cash flow
€5,264▼
2019 · €26,361
Current ratio
1.08▼
2019 · 1.11
Quick ratio
1.06▼
2019 · 1.11
Debt to equity
0.19▼
2019 · 0.23
ROE
1.3%▼
2019 · 9.4%
ROA
0.2%▼
2019 · 1.6%
Debt ≤ 1 year
€1.5m▲
2019 · €1.2m
Debt > 1 year
€46,795▼
2019 · €55,947
Income taxes
€11,378▼
2019 · €25,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,245 | €2,923 | €1,893 | ▼ 35.2% |
| Gross operating margin9900 | €249,082 | €232,788 | €150,236 | ▼ 35.5% |
| Operating profit (loss)9901 | €29,648 | €51,580 | €5,334 | ▼ 89.7% |
| Recurring financial income75 | €1,515 | €3,289 | €14,086 | ▲ 328% |
| Recurring financial charges65 | €6,282 | €6,125 | €4,670 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €24,881 | €48,744 | €14,750 | ▼ 69.7% |
| Income taxes67/77 | €8,821 | €25,306 | €11,378 | ▼ 55.0% |
| Profit (loss) for the period9904 | €16,059 | €23,438 | €3,372 | ▼ 85.6% |
| Profit (loss) for the period to be appropriated9905 | €16,059 | €23,438 | €3,372 | ▼ 85.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.7m | €1.5m | €1.8m | ▲ 20.8% |
| Fixed assets21/28 | €173,936 | €174,642 | €173,740 | ▼ 0.5% |
| Tangible fixed assets22/27 | €4,861 | €5,539 | €4,637 | ▼ 16.3% |
| Financial fixed assets28 | €169,074 | €169,103 | €169,103 | = |
| Current assets29/58 | €1.5m | €1.3m | €1.6m | ▲ 23.6% |
| Stocks and contracts in progress3 | €289 | €1,366 | €26,964 | ▲ 1,874% |
| Amounts receivable within one year40/41 | €1.3m | €1.3m | €1.6m | ▲ 24.5% |
| Cash at bank and in hand54/58 | €177,288 | €57,219 | €35,294 | ▼ 38.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.7m | €1.5m | €1.8m | ▲ 20.8% |
| Equity10/15 | €225,037 | €248,475 | €251,847 | ▲ 1.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €156,837 | €180,275 | €183,647 | ▲ 1.9% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.6m | ▲ 24.7% |
| Amounts payable after more than one year17 | - | €55,947 | €46,795 | ▼ 16.4% |
| Amounts payable within one year42/48 | €1.4m | €1.2m | €1.5m | ▲ 26.6% |
| Trade debts44 | €1.3m | €938,932 | €1.4m | ▲ 49.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,059 | €23,438 | €3,372 | ▼ 85.6% |
| + Depreciation and write-downs630 | €3,245 | €2,923 | €1,893 | ▼ 35.2% |
| Operating cash flow (approximation) | €19,304 | €26,361 | €5,264 | ▼ 80.0% |
| Investment in fixed assets (approximation) | - | -€3,628 | -€991 | ▲ 72.7% |
| Change in cash | - | -€120,069 | -€21,925 | ▲ 81.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €3,372 ▼85.6%
Net result drops to €3,372, the lowest in the series.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 112 days late
2019
31-12
Financial
Highest result since 2018net €23,438 ▲45.9%
Operating result €51,580, net result €23,438, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
13-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 105 days late
2013
24-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 55 days late
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
Owners and holdings
1 ownerChain of control
- ALPICA
- A & A
Highest known parent: ALPICA. The sources do not say who stands above it.
Owners 1
- ALPICAparentSourceaccounts ALPICA 2022100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.