B2BCONSULT
ActiveFinancials · financial year 2020, micro format
2021 annual accounts not yet filed, deadline passed on 31 July 2022 The financial year closed on 31 December 2021. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2020 filed on 18-07-2022 PDF all 9 filings
Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€133,673▲ 13.9%
2019 · €117,375
Net result
€7,835
2019 · -€46,460
Working capital
-€46,449▼ 33.8%
2019 · -€34,723
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€22,348
▲ 19.3%
2020
20182020
Net result
€7,835
2020
20182020
Equity
-€31,469
▲ 19.9%
2020
20182020
Total assets
€133,673
▲ 13.9%
2020
20182020
Debt
€165,141
▲ 5.4%
2020
20182020
Working capital
-€46,449
▼ 33.8%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€28,551-€18,729▼ 34.4%€22,348▲ 19.3%
Net result€6,760--€46,460€7,835
Equity€7,157--€39,304-€31,469▲ 19.9%
Total assets€189,099-€117,375▼ 37.9%€133,673▲ 13.9%
Debt€181,942-€156,679▼ 13.9%€165,141▲ 5.4%
Working capital-€47,435--€34,723▲ 26.8%-€46,449▼ 33.8%
The operating result for 2020 is 19% higher than in 2019. It is a recovery after the fall in 2019.
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
2020 in colour, 2019 as the grey bar beneath
Assets €133,673
Fixed assets
€46,118 ▲ 1.2%
Current assets
€87,555 ▲ 22.0%
Equity and liabilities
Equity-€31,469
Debt€165,141
Equity is negative. Debt (€165,141) exceeds the balance-sheet total (€133,673).
Key figures and ratios
EBITDA
€29,712▼
2019 · €37,830
Cash flow
€15,199▲
2019 · -€27,359
Solvency
-23.5%▲
2019 · -33.5%
Current ratio
0.65▼
2019 · 0.67
ROA
5.9%▲
2019 · -39.6%
Interest coverage
4.29▲
2019 · 3.40
Debt ≤ 1 year
€134,004▲
2019 · €106,509
Debt > 1 year
€30,829▼
2019 · €49,846
Income taxes
€10,409▼
2019 · €10,528
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Overdue debts
| Item | 2018 | 2019 | 2020 |
|---|---|---|---|
| Overdue tax debts | €6,460 | - | - |
Source: notes to the 2018 to 2020 annual accounts (statement of debts)
Investments
| Item | 2018 | 2019 | 2020 |
|---|---|---|---|
| Tangible fixed assets | €57,295 | €4,976 | €40,863 |
| Financial fixed assets | €66,439 | - | - |
| Depreciation and write-downs of the year | €17,916 | €19,101 | €7,364 |
Source: notes to the 2018 to 2020 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,916 | €19,101 | €7,364 | ▼ 61.4% |
| Other operating charges640/8 | €2,619 | €15,507 | €6,685 | ▼ 56.9% |
| Non-recurring operating charges66A | - | - | €13,766 | - |
| Gross operating margin9900 | €49,086 | €53,337 | €50,163 | ▼ 6.0% |
| Operating profit (loss)9901 | €28,551 | €18,729 | €22,348 | ▲ 19.3% |
| Financial income75/76B | €5 | €18,266 | €2,829 | ▼ 84.5% |
| Recurring financial income75 | €5 | €1,916 | €2,829 | ▲ 47.6% |
| Non-recurring financial income76B | - | €16,350 | - | - |
| Financial charges65/66B | €12,277 | €72,928 | €6,933 | ▼ 90.5% |
| Recurring financial charges65 | €12,277 | €11,139 | €6,933 | ▼ 37.8% |
| Non-recurring financial charges66B | - | €61,789 | - | - |
| Profit (loss) for the period before taxes9903 | €16,279 | -€35,932 | €18,244 | - |
| Income taxes67/77 | €9,520 | €10,528 | €10,409 | ▼ 1.1% |
| Profit (loss) for the period9904 | €6,760 | -€46,460 | €7,835 | - |
| Profit (loss) for the period to be appropriated9905 | €6,760 | -€46,460 | €7,835 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €189,099 | €117,375 | €133,673 | ▲ 13.9% |
| Fixed assets21/28 | €126,154 | €45,590 | €46,118 | ▲ 1.2% |
| Tangible fixed assets22/27 | €59,715 | €45,590 | €46,118 | ▲ 1.2% |
| Plant, machinery and equipment23 | €4,458 | €4,891 | €3,139 | ▼ 35.8% |
| Furniture and vehicles24 | €51,695 | €38,400 | €41,945 | ▲ 9.2% |
| Other tangible fixed assets26 | €3,562 | €2,298 | €1,034 | ▼ 55.0% |
| Financial fixed assets28 | €66,439 | - | - | - |
| Current assets29/58 | €62,945 | €71,786 | €87,555 | ▲ 22.0% |
| Amounts receivable within one year40/41 | €42,471 | €63,574 | €85,774 | ▲ 34.9% |
| Trade receivables40 | €19,832 | €17,130 | €27,256 | ▲ 59.1% |
| Other amounts receivable41 | €22,640 | €46,444 | €58,518 | ▲ 26.0% |
| Cash at bank and in hand54/58 | €20,175 | €7,706 | - | - |
| Deferred charges and accrued income490/1 | €298 | €506 | €1,781 | ▲ 252% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €189,099 | €117,375 | €133,673 | ▲ 13.9% |
| Equity10/15 | €7,157 | -€39,304 | -€31,469 | ▲ 19.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - |
| Contributions outside capital11 | - | - | €18,600 | - |
| Other1109/19 | - | - | €18,600 | - |
| Profit (loss) carried forward14 | -€11,443 | -€57,904 | -€50,069 | ▲ 13.5% |
| Amounts payable17/49 | €181,942 | €156,679 | €165,141 | ▲ 5.4% |
| Amounts payable after more than one year17 | €68,388 | €49,846 | €30,829 | ▼ 38.2% |
| Financial debts170/4 | €68,388 | €49,846 | €30,829 | ▼ 38.2% |
| Amounts payable within one year42/48 | €110,380 | €106,509 | €134,004 | ▲ 25.8% |
| Current portion of amounts payable after more than one year42 | €20,440 | €20,945 | €23,747 | ▲ 13.4% |
| Financial debts43 | €26 | - | €2,153 | - |
| Credit institutions430/8 | €26 | - | €2,153 | - |
| Trade debts44 | €14,454 | €23,065 | €60,532 | ▲ 162% |
| Suppliers440/4 | €14,454 | €23,065 | €60,532 | ▲ 162% |
| Advances received on contracts in progress46 | - | - | €1,660 | - |
| Taxes, remuneration and social security45 | €61,281 | €62,498 | €45,911 | ▼ 26.5% |
| Taxes450/3 | €58,281 | €62,498 | €45,911 | ▼ 26.5% |
| Remuneration and social security454/9 | €3,000 | - | - | - |
| Other amounts payable47/48 | €14,179 | - | - | - |
| Accrued charges and deferred income492/3 | €3,174 | €325 | €309 | ▼ 4.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,760 | -€46,460 | €7,835 | - |
| + Depreciation and write-downs630 | €17,916 | €19,101 | €7,364 | ▼ 61.4% |
| Operating cash flow (approximation) | €24,676 | -€27,359 | €15,199 | - |
| Investment in fixed assets (approximation) | - | €61,463 | -€7,893 | - |
| Change in cash | - | -€12,469 | - | - |
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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 18-07-2022 | 2022-20230111 | |
| 31-12-2019 | micro format | 18-07-2022 | 2022-20230102 | |
| 31-12-2018 | micro format | 06-05-2022 | 2022-20021306 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-25500050 | |
| 31-12-2016 | micro format | 19-09-2017 | 2017-61100348 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58700275 | |
| 31-12-2014 | abbreviated format | 29-09-2015 | 2015-60400090 | |
| 31-12-2013 | abbreviated format | 10-07-2014 | 2014-28400266 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-48900014 |