AUSY GROUP BELGIUM
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 01-09-2021, 32 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
32 d late
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€26.30M▲ 2.3%
2019 · €25.71M
2018: €22.50M
2019: €25.71M
2018 → 2020
EBIT margin
12.1%▼ 0.5pp
2019 · 12.6%
2018: 12.1%
2019: 12.6%
2018 → 2020
Net result
€1.84M▲ 16.2%
2019 · €1.59M
2018: €1.67M
2019: €1.59M
2018 → 2020
Working capital
€749k
2019 · €-1.19M
2018: €-748k
2019: €-1.19M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€22.50M-€25.71M▲ 14.3%€26.30M▲ 2.3%
Equity€269k-€269k=€2.11M▲ 684%
Operating result€2.73M-€3.24M▲ 18.7%€3.19M▼ 1.6%
Net result€1.67M-€1.59M▼ 4.9%€1.84M▲ 16.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 2% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €7.88M
Fixed assets
€1.63M ▼ 4.7%
Current assets
€6.25M ▲ 41.9%
Equity and liabilities €7.88M
Equity
€2.11M ▲ 684%
Provisions
€11k ▼ 89.9%
Debt
€5.76M ▲ 0.3%
Debt's share of the balance-sheet total falls from 93.9% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.66M▼
2019 · €3.69M
Cash flow
€2.31M▲
2019 · €2.04M
Current ratio
1.14▲
2019 · 0.79
ROE
87.2%▼
2019 · 588.6%
ROA
23.4%▼
2019 · 25.9%
Interest coverage
7.39▼
2019 · 8.55
Debt ≤ 1 year
€5.50M▼
2019 · €5.60M
Income taxes
€837k▼
2019 · €1.21M
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 · 28 lines
Balance sheet
Code20192020
Assets
Total assets20/58€6.12M€7.88M▲
Fixed assets21/28€1.71M€1.63M▼
Intangible fixed assets21€860k€1.00M▲
Tangible fixed assets22/27€695k€542k▼
Financial fixed assets28€159k€88k▼
Current assets29/58€4.41M€6.25M▲
Amounts receivable within one year40/41€4.07M€6.06M▲
Cash at bank and in hand54/58€60k€41k▼
Equity and liabilities
Total equity and liabilities10/49€6.12M€7.88M▲
Equity10/15€269k€2.11M▲
Contributions10/11€215k€215k=
Reserves13€54k€54k=
Profit (loss) carried forward14€-8k€1.84M▲
Provisions and deferred taxes16€106k€11k▼
Amounts payable17/49€5.74M€5.76M▲
Amounts payable within one year42/48€5.60M€5.50M▼
Trade debts44€1.35M€1.30M▼
Income statement
Code20192020
Turnover70€25.71M€26.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€458k€473k▲
Operating profit (loss)9901€3.24M€3.19M▼
Recurring financial income75€1€741▲
Recurring financial charges65€436k€507k▲
Debt charges650€432k€495k▲
Profit (loss) for the period before taxes9903€2.80M€2.68M▼
Income taxes67/77€1.21M€837k▼
Profit (loss) for the period9904€1.59M€1.84M▲
Profit (loss) for the period to be appropriated9905€1.59M€1.84M▲
Appropriation of the result
Return on contributions (dividend)694€1.59M-
Timeline · acts, filings and financial milestones
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 32 days late
26-05
State Gazette act
Merger · Name change
Capital increase · Accounting effect
20-05
State Gazette act
Demerger · Capital decrease
Accounting effect · Net-asset statement
20-05
State Gazette act
Demerger · Capital decrease
Accounting effect · Net-asset statement
2020
31-12
Financial
Highest result since 2018net €1.84M ▲16.2%
Net result €1.84M, the highest in the series.
31-12
Financial
Equity above €2MEq €2.11M ▲684%
3 profitable years in a row build equity to €2.11M.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €1.59M ▼4.9%
Net result drops to €1.59M, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
29-05
State Gazette act
Demerger · Permanent representative
Capital · Capital decrease
29-05
State Gazette act
Merger · Capital
Capital increase · Capital decrease
29-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
4 transactionsTaken over by:AUSY IT CONSULTING
Received in a demerger part of:AUSY BELGIUM
Received in a demerger part of:RANDSTAD GROUP BELGIUM
Split off to:RANDSTAD GROUP BELGIUM