BDO LEGAL
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 21-04-2022, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
9 d early
2020
18 d early
2019
2 d early
2018
25 d early
2017
19 d early
2016
32 d early
2015
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€5.02M▲ 1.1%
2020 · €4.97M
2018: €4.56M
2019: €4.81M
2020: €4.97M
2018 → 2021
EBIT margin
1.4%▼ 0.1pp
2020 · 1.5%
2018: 1.5%
2019: 2.1%
2020: 1.5%
2018 → 2021
Net result
€5k▲ 6,910%
2020 · €77
2018: €631
2019: €33k
2020: €77
2018 → 2021
Working capital
€-493k▲ 3.6%
2020 · €-512k
2018: €-620k
2019: €-587k
2020: €-512k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€4.56M-€4.81M▲ 5.4%€4.97M▲ 3.3%€5.02M▲ 1.1%
Equity€251k-€254k▲ 1.0%€269k▲ 5.9%€227k▼ 15.7%
Operating result€66k-€101k▲ 53.0%€74k▼ 27.3%€68k▼ 7.9%
Net result€631-€33k▲ 5,161%€77▼ 99.8%€5k▲ 6,910%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 8% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.70M
Fixed assets
€723k ▼ 7.7%
Current assets
€2.97M ▲ 1.2%
Equity and liabilities €3.70M
Equity
€227k ▼ 15.7%
Debt
€3.47M ▲ 0.5%
Debt's share of the balance-sheet total rises from 92.8% to 93.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€129k▼
2020 · €134k
Cash flow
€66k▲
2020 · €61k
Current ratio
0.86▲
2020 · 0.85
Debt to equity
15.31
ROE
2.4%▲
2020 · 0.0%
ROA
0.1%▲
2020 · 0.0%
Interest coverage
2.56▲
2020 · 2.54
Debt ≤ 1 year
€3.47M▲
2020 · €3.45M
Income taxes
€18k▼
2020 · €27k
Staff costs
€1.99M
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 · 2021 against 2020 · 55 lines
Balance sheet
Code20202021
Assets
Total assets20/58€3.72M€3.70M▼
Fixed assets21/28€784k€723k▼
Intangible fixed assets21€784k€723k▼
Current assets29/58€2.94M€2.97M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€2.94M€2.97M▲
Trade receivables40-€2.97M
Other amounts receivable41-€5k
Equity and liabilities
Total equity and liabilities10/49€3.72M€3.70M▼
Equity10/15€269k€227k▼
Contributions10/11€245k€203k▼
Reserves13€3k€3k=
Distributable reserves133-€3k
Profit (loss) carried forward14€21k€22k▲
Amounts payable17/49€3.45M€3.47M▲
Amounts payable within one year42/48€3.45M€3.47M▲
Trade debts44€331k€698k▲
Suppliers440/4-€698k
Advances received on contracts in progress46-€38k
Taxes, remuneration and social security45-€439k
Taxes450/3-€88k
Remuneration and social security454/9-€352k
Other amounts payable47/48-€2.29M
Accrued charges and deferred income492/3-€3k
Income statement
Code20202021
Operating income70/76A-€5.09M
Turnover70€4.97M€5.02M▲
Other operating income74-€71k
Operating charges60/66A-€5.02M
Goods for resale, raw materials and consumables60-€120k
Purchases600/8-€120k
Services and other goods61-€2.85M
Remuneration, social security and pensions62-€1.99M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€61k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-19k
Other operating charges640/8-€13k
Operating profit (loss)9901€74k€68k▼
Financial income75/76B-€6k
Recurring financial income75€7k€6k▼
Income from current assets751-€6k
Other financial income752/9-€0
Financial charges65/66B-€51k
Recurring financial charges65€53k€51k▼
Debt charges650€53k€50k▼
Other financial charges652/9-€503
Profit (loss) for the period before taxes9903€27k€24k▼
Income taxes67/77€27k€18k▼
Taxes670/3-€20k
Tax adjustments and reversals of tax provisions77-€2k
Profit (loss) for the period9904€77€5k▲
Profit (loss) for the period to be appropriated9905€77€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€27k
Profit (loss) brought forward from the previous period14P-€21k
Profit to be distributed694/7-€5k
Return on contributions (dividend)694-€5k
Social balance
Average headcount (FTE)9087-27.8
The notes to these accounts (39 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
19-04
State Gazette act
General meeting · Merger
Accounting effect · Share issue
19-04
State Gazette act
General meeting · Merger
Accounting effect · Share issue
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €77 ▼99.8%
Net result drops to €77, the lowest in the series.
21-09
State Gazette act
General meeting · Merger
Accounting effect · Dissolution
11-09
State Gazette act
General meeting · Purpose change
Statutes amendment · Capital
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Highest result since 2018net €33k ▲5161%
Operating result €101k, net result €33k, both a record.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
10-01
State Gazette act
Board meeting · General meeting
Director resignation · Director appointment
10-01
State Gazette act
Board meeting · General meeting
Director appointment · Director resignation
Show earlier events
08-01
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
2018
28-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
State Gazette act
General meeting · Purpose change
Power of attorney · Frank Liesse
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
09-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
15-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
04-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2011
12-10
State Gazette act
Board meeting · Registered-office move
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:BDO Advisory
Recognitions · licences · registrations
Legal Entity Identifier
894500FDOJ1JQ5IRV125