AEM CONSTRUCTIVE
Open bankruptcyFinancials · financial year 2023, micro format
Equity
€113,615▲ 76.1%
2022 · €64,523
Total assets
€229,420▲ 117%
2022 · €105,584
Net result
€49,092▼ 4.6%
2022 · €51,454
Working capital
€112,168▲ 86.7%
2022 · €60,087
Trend over the years
2021 to 2023, 3 financial years
The operating result falls in 2023; 2023 is 5% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€67,267
2023
Net result€49,092
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€229,420
2023
Equity€113,615
2023
Debt€115,804
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€112,168
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)21.4%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency49.5%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.97
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023
Operating result€16,413-€70,600▲ 330%€67,267▼ 4.7%
Net result€12,070within the sector's middle half-€51,454above the sector's middle half▲ 326%€49,092above the sector's middle half▼ 4.6%
Equity€13,070below the sector's middle half-€64,523within the sector's middle half▲ 394%€113,615above the sector's middle half▲ 76.1%
Total assets€48,303below the sector's middle half-€105,584within the sector's middle half▲ 119%€229,420within the sector's middle half▲ 117%
Debt€35,233-€41,061▲ 16.5%€115,804▲ 182%
Working capital€6,553within the sector's middle half-€60,087within the sector's middle half▲ 817%€112,168above the sector's middle half▲ 86.7%
Solvency27.1%within the sector's middle half-61.1%within the sector's middle half▲ 34.1pp49.5%within the sector's middle half▼ 11.6pp
Current ratio1.19within the sector's middle half-2.46within the sector's middle half▲ 1.281.97within the sector's middle half▼ 0.49
Return on assets (ROA)25.0%above the sector's middle half-48.7%above the sector's middle half▲ 23.7pp21.4%above the sector's middle half▼ 27.3pp
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €229,420
Fixed assets
€1,447 ▼ 67.4%
Current assets
€227,972 ▲ 125%
Equity and liabilities €229,420
Equity
€113,615 ▲ 76.1%
Debt
€115,804 ▲ 182%
Debt's share of the balance-sheet total rises from 38.9% to 50.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,256▼
2022 · €73,747
Cash flow
€52,081▼
2022 · €54,601
Debt to equity
1.02▲
2022 · 0.64
ROE
43.2%▼
2022 · 79.7%
Interest coverage
13.92▼
2022 · over 100
Debt ≤ 1 year
€115,804▲
2022 · €41,061
Income taxes
€15,079▼
2022 · €18,943
Staff costs
€70,714▼
2022 · €87,873
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €55,493 | - | - | - |
| Remuneration, social security and pensions62 | €97,205 | €87,873 | €70,714 | ▼ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,416 | €3,148 | €2,989 | ▼ 5.0% |
| Other operating charges640/8 | €480 | €116 | €485 | ▲ 317% |
| Gross operating margin9900 | €116,514 | €161,737 | €141,455 | ▼ 12.5% |
| Operating profit (loss)9901 | €16,413 | €70,600 | €67,267 | ▼ 4.7% |
| Financial income75/76B | - | €521 | €1,951 | ▲ 275% |
| Recurring financial income75 | - | €521 | €1,951 | ▲ 275% |
| Financial charges65/66B | €1,309 | €724 | €5,047 | ▲ 597% |
| Recurring financial charges65 | €1,309 | €724 | €5,047 | ▲ 597% |
| Profit (loss) for the period before taxes9903 | €15,104 | €70,396 | €64,171 | ▼ 8.8% |
| Income taxes67/77 | €3,034 | €18,943 | €15,079 | ▼ 20.4% |
| Profit (loss) for the period9904 | €12,070 | €51,454 | €49,092 | ▼ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €12,070 | €51,454 | €49,092 | ▼ 4.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €48,303 | €105,584 | €229,420 | ▲ 117% |
| Formation expenses20 | €159 | - | - | - |
| Fixed assets21/28 | €6,358 | €4,437 | €1,447 | ▼ 67.4% |
| Intangible fixed assets21 | - | €0 | - | - |
| Tangible fixed assets22/27 | €6,358 | €4,437 | €1,447 | ▼ 67.4% |
| Plant, machinery and equipment23 | - | €712 | €356 | ▼ 50.0% |
| Furniture and vehicles24 | €6,358 | €3,725 | €1,092 | ▼ 70.7% |
| Current assets29/58 | €41,786 | €101,148 | €227,972 | ▲ 125% |
| Amounts receivable after more than one year29 | €11,246 | €63,246 | €165,246 | ▲ 161% |
| Trade receivables290 | - | €52,000 | €165,246 | ▲ 218% |
| Other amounts receivable291 | €11,246 | €11,246 | - | - |
| Amounts receivable within one year40/41 | €30,495 | €37,902 | €62,727 | ▲ 65.5% |
| Trade receivables40 | €13,105 | €18,479 | €51,708 | ▲ 180% |
| Other amounts receivable41 | €17,390 | €19,424 | €11,018 | ▼ 43.3% |
| Cash at bank and in hand54/58 | €45 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €48,303 | €105,584 | €229,420 | ▲ 117% |
| Equity10/15 | €13,070 | €64,523 | €113,615 | ▲ 76.1% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €12,070 | €63,523 | €112,615 | ▲ 77.3% |
| Distributable reserves133 | €12,070 | €63,523 | €112,615 | ▲ 77.3% |
| Amounts payable17/49 | €35,233 | €41,061 | €115,804 | ▲ 182% |
| Amounts payable within one year42/48 | €35,233 | €41,061 | €115,804 | ▲ 182% |
| Current portion of amounts payable after more than one year42 | - | €6,018 | €7,255 | ▲ 20.5% |
| Trade debts44 | €26,798 | €5,081 | €33,885 | ▲ 567% |
| Suppliers440/4 | €26,798 | €5,081 | €33,885 | ▲ 567% |
| Taxes, remuneration and social security45 | €4,435 | €21,017 | €74,665 | ▲ 255% |
| Taxes450/3 | €4,435 | €20,986 | €35,187 | ▲ 67.7% |
| Remuneration and social security454/9 | - | €30 | €39,478 | ▲ 129,848% |
| Other amounts payable47/48 | €4,000 | €8,945 | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,070 | €51,454 | €49,092 | ▼ 4.6% |
| + Depreciation and write-downs630 | €2,416 | €3,148 | €2,989 | ▼ 5.0% |
| Operating cash flow (approximation) | €14,486 | €54,601 | €52,081 | ▼ 4.6% |
| Investment in fixed assets (approximation) | - | -€1,226 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
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Of the 29,177 companies in this sector, figures are known for 16,137. 13,108 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: not fully processed yet. The notices from April 2023 to September 2026 are still being read.