ALPHA IT
Open bankruptcyFinancials · financial year 2019, micro format
Annual accounts 2019 filed on 02-07-2020 PDF all 5 filings
Turnover
≈ €1.7m
Estimated: probably between €950,000 and €2.6m
Total assets
€356,873▲ 18.6%
2018 · €300,967
Net result
-€52,596
2018 · €19,127
Working capital
€20,592▼ 72.5%
2018 · €74,892
Multi-year overview
2018 to 2019, 2 financial yearsOperating result
-€43,594
2019
20182019
Net result
-€52,596
2019
20182019
Equity
€41,746
▼ 55.8%
2019
20182019
Total assets
€356,873
▲ 18.6%
2019
20182019
Debt
€315,127
▲ 52.5%
2019
20182019
Working capital
€20,592
▼ 72.5%
2019
20182019
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019
Operating result€36,124--€43,594
Net result€19,127--€52,596
Equity€94,342-€41,746▼ 55.8%
Total assets€300,967-€356,873▲ 18.6%
Debt€206,625-€315,127▲ 52.5%
Working capital€74,892-€20,592▼ 72.5%
The operating result for 2019 is a loss of €43,594, after a profit of €36,124 in 2018.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €356,873
Fixed assets
€27,140 ▼ 6.8%
Current assets
€329,733 ▲ 21.3%
Equity and liabilities €356,873
Equity
€41,746 ▼ 55.8%
Debt
€315,127 ▲ 52.5%
Debt's share of the balance-sheet total rises from 68.7% to 88.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€30,587▼
2018 · €48,421
Cash flow
-€39,589▼
2018 · €31,424
Current ratio
1.07▼
2018 · 1.38
Debt to equity
0.01▼
2018 · 0.10
ROE
-126.0%▼
2018 · 20.3%
ROA
-14.7%▼
2018 · 6.4%
Debt ≤ 1 year
€309,141▲
2018 · €196,970
Debt > 1 year
€288▼
2018 · €9,655
Income taxes
€3,000▼
2018 · €11,645
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,297 | €13,007 | ▲ 5.8% |
| Gross operating margin9900 | €352,915 | €422,170 | ▲ 19.6% |
| Operating profit (loss)9901 | €36,124 | -€43,594 | - |
| Recurring financial charges65 | €5,352 | €6,002 | ▲ 12.1% |
| Profit (loss) for the period before taxes9903 | €30,772 | -€49,596 | - |
| Income taxes67/77 | €11,645 | €3,000 | ▼ 74.2% |
| Profit (loss) for the period9904 | €19,127 | -€52,596 | - |
| Profit (loss) for the period to be appropriated9905 | €19,127 | -€52,596 | - |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €300,967 | €356,873 | ▲ 18.6% |
| Fixed assets21/28 | €29,105 | €27,140 | ▼ 6.8% |
| Tangible fixed assets22/27 | €26,644 | €19,041 | ▼ 28.5% |
| Financial fixed assets28 | €2,461 | €8,099 | ▲ 229% |
| Current assets29/58 | €271,862 | €329,733 | ▲ 21.3% |
| Amounts receivable within one year40/41 | €193,979 | €242,497 | ▲ 25.0% |
| Cash at bank and in hand54/58 | €49,488 | €20,948 | ▼ 57.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €300,967 | €356,873 | ▲ 18.6% |
| Equity10/15 | €94,342 | €41,746 | ▼ 55.8% |
| Contributions10/11 | €18,550 | €18,550 | = |
| Reserves13 | €71,855 | €21,855 | ▼ 69.6% |
| Profit (loss) carried forward14 | €3,937 | €1,341 | ▼ 65.9% |
| Amounts payable17/49 | €206,625 | €315,127 | ▲ 52.5% |
| Amounts payable after more than one year17 | €9,655 | €288 | ▼ 97.0% |
| Amounts payable within one year42/48 | €196,970 | €309,141 | ▲ 56.9% |
| Trade debts44 | €19,064 | €41,283 | ▲ 117% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,127 | -€52,596 | - |
| + Depreciation and write-downs630 | €12,297 | €13,007 | ▲ 5.8% |
| Operating cash flow (approximation) | €31,424 | -€39,589 | - |
| Investment in fixed assets (approximation) | - | -€11,042 | - |
| Change in cash | - | -€28,540 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | micro format | 02-07-2020 | 2020-24300220 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-23000557 | |
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-24700536 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-23700436 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-27100008 |