ALLFIX
InactiveFinancials · financial year 2020, micro format
2020 annual accounts filed 233 days after the deadline Filed on 21 March 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-08000198.
Annual accounts 2020 filed on 21-03-2022 PDF all 27 filings
Turnover
€145,239▲ 13.1%
2019 · €128,444
EBIT margin
-9.7%▼ 23.1pp
2019 · 13.4%
Net result
-€16,015
2019 · €16,981
Working capital
-€27,518
2019 · €27,741
Multi-year overview
2018 to 2020, 3 financial yearsTurnover
€145,239
▲ 13.1%
2020
20182020
Operating result
-€14,022
2020
20182020
Net result
-€16,015
2020
20182020
EBIT margin
-9.7%
▼ 23.1pp
2020
20182020
Equity
€32,556
▼ 33.0%
2020
20182020
Total assets
€199,951
▲ 7.0%
2020
20182020
Debt
€167,395
▲ 21.1%
2020
20182020
Working capital
-€27,518
2020
20182020
Staff (FTE)
no figure
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Turnover€71,724-€128,444▲ 79.1%€145,239▲ 13.1%
Operating result€9,291-€17,242▲ 85.6%-€14,022
Net result€9,154-€16,981▲ 85.5%-€16,015
EBIT margin13.0%-13.4%▲ 0.5pp-9.7%▼ 23.1pp
Equity€31,590-€48,571▲ 53.8%€32,556▼ 33.0%
Total assets€79,018-€186,837▲ 136%€199,951▲ 7.0%
Debt€47,428-€138,266▲ 192%€167,395▲ 21.1%
Working capital€19,823-€27,741▲ 39.9%-€27,518
Staff (FTE)0.4-0.6▲ 50.0%
The operating result for 2020 is a loss of €14,022, after a profit of €17,242 in 2019. It is the lowest result since 2018.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €199,951
Fixed assets
€60,074 ▲ 188%
Current assets
€139,877 ▼ 15.7%
Equity and liabilities €199,951
Equity
€32,556 ▼ 33.0%
Debt
€167,395 ▲ 21.1%
Debt's share of the balance-sheet total rises from 74.0% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€9,766▼
2019 · €21,612
Cash flow
-€11,759▼
2019 · €21,351
Current ratio
0.84▼
2019 · 1.20
Quick ratio
0.82▼
2019 · 1.20
ROE
-49.2%▼
2019 · 35.0%
ROA
-8.0%▼
2019 · 9.1%
Debt ≤ 1 year
€167,395▲
2019 · €138,266
Income taxes
€388
Customer credit
342 days▼
2019 · 470 days
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 |
|---|---|---|---|---|
| Turnover70 | €71,724 | €128,444 | €145,239 | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,612 | €4,370 | €4,256 | ▼ 2.6% |
| Gross operating margin9900 | €23,262 | €38,866 | -€6,748 | - |
| Operating profit (loss)9901 | €9,291 | €17,242 | -€14,022 | - |
| Recurring financial income75 | - | €0 | - | - |
| Recurring financial charges65 | €108 | €260 | €1,606 | ▲ 517% |
| Profit (loss) for the period before taxes9903 | €9,183 | €16,981 | -€15,628 | - |
| Income taxes67/77 | €29 | - | €388 | - |
| Profit (loss) for the period9904 | €9,154 | €16,981 | -€16,015 | - |
| Profit (loss) for the period to be appropriated9905 | €9,154 | €16,981 | -€16,015 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €79,018 | €186,837 | €199,951 | ▲ 7.0% |
| Fixed assets21/28 | €11,767 | €20,830 | €60,074 | ▲ 188% |
| Tangible fixed assets22/27 | €11,767 | €20,830 | €60,074 | ▲ 188% |
| Current assets29/58 | €67,251 | €166,007 | €139,877 | ▼ 15.7% |
| Stocks and contracts in progress3 | - | - | €3,150 | - |
| Amounts receivable within one year40/41 | €65,398 | €165,557 | €136,122 | ▼ 17.8% |
| Cash at bank and in hand54/58 | €1,852 | €450 | €605 | ▲ 34.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €79,018 | €186,837 | €199,951 | ▲ 7.0% |
| Equity10/15 | €31,590 | €48,571 | €32,556 | ▼ 33.0% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €48,613 | €48,613 | €48,613 | = |
| Profit (loss) carried forward14 | -€35,615 | -€18,634 | -€34,649 | ▼ 85.9% |
| Amounts payable17/49 | €47,428 | €138,266 | €167,395 | ▲ 21.1% |
| Amounts payable within one year42/48 | €47,428 | €138,266 | €167,395 | ▲ 21.1% |
| Trade debts44 | €35,053 | €111,002 | €156,765 | ▲ 41.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,154 | €16,981 | -€16,015 | - |
| + Depreciation and write-downs630 | €1,612 | €4,370 | €4,256 | ▼ 2.6% |
| Operating cash flow (approximation) | €10,766 | €21,351 | -€11,759 | - |
| Investment in fixed assets (approximation) | - | -€13,433 | -€43,500 | ▼ 224% |
| Change in cash | - | -€1,402 | €154 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 21-03-2022 | 2022-08000198 | |
| 31-12-2019 | micro format | 06-10-2021 | 2021-71000536 | |
| 31-12-2018 | micro format | 12-04-2021 | 2021-10100269 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57500102 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-22500171 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-54600245 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-56000162 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-47600535 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-56500040 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-53300554 |