AFC CONSTRUCT
Annual accounts 2021
full format, filed on 08-08-2022, 8 days lateThe turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €140,000 and €440,000.
Balance sheet
balance sheet total €65,497 on 31-12-2021in euro
in euro
Staff
€39,906
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
65,497 | 77,180 | 89,585 | 124,063 | 94,680 | 111,194 | |
21/28 |
17,787 | 22,741 | 29,488 | 35,208 | 54,543 | 65,049 | |
21 |
16,250 | 21,250 | 26,250 | 31,250 | 36,250 | 41,250 | |
22/27 |
1,537 | 1,491 | 3,238 | 3,958 | 18,293 | 23,799 | |
23 |
1,537 | 1,160 | 2,577 | 2,966 | 1,757 | 1,745 | |
24 |
- | 331 | 661 | 992 | 1,322 | - | |
29/58 |
47,710 | 54,440 | 60,098 | 88,855 | 40,137 | 46,145 | |
3 |
20,900 | 4,525 | - | - | - | - | |
30/36 |
3,400 | 4,525 | - | - | - | - | |
37 |
17,500 | - | - | - | - | - | |
40/41 |
13,231 | 25,501 | 41,442 | 88,738 | 39,004 | 46,028 | |
40 |
9,367 | 21,659 | 15,909 | 76,812 | 23,960 | 37,933 | |
41 |
3,864 | 3,842 | 25,533 | 11,926 | 15,045 | 8,095 | |
54/58 |
13,579 | 24,414 | 18,656 | 117 | 557 | 117 | |
490/1 |
- | - | - | - | 576 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
65,497 | 77,180 | 89,585 | 124,063 | 94,680 | 111,194 | |
10/15 |
-4,790 | -35,739 | -36,327 | 9,058 | 5,811 | 5,105 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
6,200 | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
36,368 | 143 | 143 | 143 | - | - | |
130/1 |
143 | 143 | - | - | - | - | |
130 |
143 | 143 | 143 | 143 | - | - | |
132 |
36,226 | - | - | - | - | - | |
14 |
-47,358 | -42,082 | -42,670 | 2,715 | -389 | -1,095 | |
16 |
- | - | - | 10,000 | 10,000 | 10,000 | |
160/5 |
- | - | - | 10,000 | 10,000 | 10,000 | |
163 |
- | - | - | 10,000 | 10,000 | - | |
164/5 |
- | - | - | - | - | 10,000 | |
17/49 |
70,286 | 112,920 | 125,913 | 105,005 | 78,868 | 96,090 | |
17 |
- | 7,807 | 13,944 | - | 3,675 | 10,058 | |
170/4 |
- | 7,807 | 13,944 | - | 3,675 | 10,058 | |
42/48 |
70,273 | 105,113 | 111,969 | 105,005 | 74,742 | 85,954 | |
42 |
9,387 | 6,137 | 5,667 | - | 6,383 | 7,171 | |
43 |
- | - | 152 | 23,830 | - | 6,030 | |
430/8 |
- | - | 152 | 23,830 | - | 6,030 | |
44 |
55,282 | 89,209 | 91,557 | 73,746 | 63,257 | 49,318 | |
440/4 |
55,282 | 89,209 | 91,557 | 73,746 | 63,257 | 49,318 | |
45 |
216 | 4,606 | 5,092 | 7,429 | 5,102 | 5,858 | |
450/3 |
9 | 1,733 | 3,296 | 3,282 | 3,562 | 2,089 | |
454/9 |
206 | 2,873 | 1,797 | 4,147 | 1,540 | 3,770 | |
47/48 |
5,389 | 5,161 | 9,500 | - | - | 17,577 | |
492/3 |
13 | - | - | - | 452 | 78 | |
| Income statement | |||||||
76A |
37,135 | 3,339 | - | - | - | - | |
9900 |
82,226 | 62,273 | 50,733 | 80,887 | 37,305 | 47,052 | |
62 |
39,906 | 51,778 | 76,123 | 60,407 | 17,212 | 1,398 | |
630 |
6,017 | 6,747 | 6,762 | 6,777 | 13,360 | 25,051 | |
631/4 |
- | - | 1,744 | - | - | - | |
635/8 |
- | - | -10,000 | - | - | 10,000 | |
640/8 |
815 | 1,360 | 2,031 | 3,392 | 1,247 | 4,693 | |
66A |
1,505 | - | 15,000 | - | - | 596 | |
9901 |
33,984 | 2,388 | -40,928 | 10,311 | 5,486 | 5,314 | |
75/76B |
1 | 0 | 5 | 50 | 10 | 10 | |
75 |
1 | 0 | 5 | 50 | 10 | 10 | |
65/66B |
3,035 | 1,800 | 4,462 | 5,482 | 3,417 | 4,469 | |
65 |
3,035 | 1,800 | 4,462 | 5,482 | 3,417 | 4,469 | |
9903 |
30,950 | 588 | -45,385 | 4,880 | 2,078 | 855 | |
67/77 |
- | - | - | 1,633 | 1,372 | 1,950 | |
9904 |
30,950 | 588 | -45,385 | 3,247 | 706 | -1,095 | |
689 |
36,226 | - | - | - | - | - | |
9905 |
-5,276 | 588 | -45,385 | 3,247 | 706 | -1,095 | |
| Appropriation of the result | |||||||
9906 |
-47,358 | -42,082 | -42,670 | 2,858 | -389 | -1,095 | |
14P |
-42,082 | - | - | - | - | - | |
691/2 |
- | - | - | 143 | - | - | |
6920 |
- | - | - | 143 | - | - | |
| Social balance sheet | |||||||
9087 |
1 | 1.5 | 2.3 | 2 | 1.2 | 0.2 | |
Hours worked1013 |
1,288 | 1,728 | 3,048 | 3,072 | 1,744 | 224 | |
| Document | |||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 08-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 8 days after the deadline. Filed on 8 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20278967.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | full format | 08-08-2022 | 2022-20278967 | |
| 31-12-2020 | full format | 28-09-2021 | 2021-68800030 | |
| 31-12-2019 | full format | 05-08-2020 | 2020-39100404 | |
| 31-12-2018 | full format | 27-08-2019 | 2019-52600122 | |
| 31-12-2017 | full format | 29-08-2018 | 2018-54000135 | |
| 31-12-2016 | full format | 25-08-2017 | 2017-48600263 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| 40,000 | 9,135 | -34,166 | 17,089 | 18,846 | 30,365 | ||
| 36,966 | 7,335 | -38,623 | 10,024 | 14,066 | 23,956 | ||
| 1,393 | 0 | 1,042 | 2,438 | 2,853 | 98,103 | ||
| -10,835 | 5,758 | 18,539 | -440 | 440 | - | ||
| -22,564 | -50,673 | -51,871 | -16,150 | -34,605 | -39,809 | ||
| -7.3% | -46.3% | -40.6% | 7.3% | 6.1% | 4.6% | ||
| 0.68 | 0.52 | 0.54 | 0.85 | 0.54 | 0.54 | ||
| 0.38 | 0.47 | 0.54 | 0.85 | 0.54 | 0.54 | ||
| - | - | - | 11.59 | 13.57 | 18.82 | ||
| - | - | - | 35.8% | 12.2% | -21.5% | ||
| 47.3% | 0.8% | -50.7% | 2.6% | 0.7% | -1.0% | ||
| 13.18 | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 1 | |
| On a permanent contract | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €1,393 |
| €6,017 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on AFC CONSTRUCT
The operating result for 2021 is over 14 times that of 2020 and the highest since 2016. It is the second rise in a row, after the fall in 2019.
Equity is negative. Debt (€70,286) exceeds the balance-sheet total (€65,497).