ACONFIN
InactiveInactive; last annual accounts for fiscal year 2020.
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 30-09-2020 was due by 30-04-2021 and was filed on 01-07-2021, 62 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 · 8 filingsDeviation from the deadline
2020
62 d late
2019
36 d early
2018
33 d early
2017
18 d early
2016
7 d early
2015
34 d early
2014
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€225k▼ 6.3%
2019 · €240k
2018: €240k
2019: €240k
2018 → 2020
EBIT margin
46.5%▲ 18.3pp
2019 · 28.2%
2018: -14.0%
2019: 28.2%
2018 → 2020
Net result
€15.97M
2019 · €-148k
2018: €-248k
2019: €-148k
2018 → 2020
Working capital
€18.44M
2019 · €-7.02M
2018: €-6.37M
2019: €-7.02M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€240k-€240k=€225k▼ 6.3%
Equity€1.63M-€1.48M▼ 9.1%€17.45M▲ 1,077%
Operating result€-34k-€68k€105k▲ 54.6%
Net result€-248k-€-148k▲ 40.1%€15.97M
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 55% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €27.85M
Fixed assets
€2.52M ▼ 79.1%
Current assets
€25.33M ▲ 12,999%
Equity and liabilities €27.85M
Equity
€17.45M ▲ 1,077%
Debt
€10.40M ▼ 3.1%
Debt's share of the balance-sheet total falls from 87.8% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.68▲
2019 · 0.03
Debt to equity
0.20▼
2019 · 2.36
ROE
91.5%▲
2019 · -10.0%
ROA
57.3%▲
2019 · -1.2%
Debt ≤ 1 year
€6.89M▼
2019 · €7.22M
Debt > 1 year
€3.50M=
2019 · €3.50M
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€12.21M€27.85M▲
Fixed assets21/28€12.01M€2.52M▼
Financial fixed assets28€12.01M€2.52M▼
Current assets29/58€193k€25.33M▲
Stocks and contracts in progress3€0-
Amounts receivable within one year40/41€107k€25.33M▲
Current investments50/53€86k-
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€12.21M€27.85M▲
Equity10/15€1.48M€17.45M▲
Contributions10/11€300k€300k=
Reserves13€1.18M€1.18M=
Profit (loss) carried forward14-€15.97M
Amounts payable17/49€10.72M€10.40M▼
Amounts payable after more than one year17€3.50M€3.50M=
Amounts payable within one year42/48€7.22M€6.89M▼
Trade debts44€3k€977▼
Income statement
Code20192020
Turnover70€240k€225k▼
Operating profit (loss)9901€68k€105k▲
Recurring financial income75€2k€142k▲
Recurring financial charges65€219k€146k▼
Debt charges650€217k€145k▼
Profit (loss) for the period before taxes9903€-148k€15.97M▲
Profit (loss) for the period9904€-148k€15.97M▲
Profit (loss) for the period to be appropriated9905€-148k€15.97M▲
Timeline · acts, filings and financial milestones
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 62 days late
28-01
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
2020
30-09
Financial
Back to profitnet €15.97M
Net result €15.97M after 2 loss-making years.
30-09
Financial
Liquidity times 137current ratio 3.68
Current ratio from 0.03 to 3.68; short-term debt falls from €7.22M to €6.89M.
30-09
Financial
Equity above €10MEq €17.45M ▲1077%
Equity rises from €1.48M to €17.45M.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
18-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-06
NBB filing
Annual accounts filed
fiscal year 2013 · full 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:Hubisco