BELGOMEDIA
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 30-06-2021 was due by 31-01-2022 and was filed on 22-12-2021, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
40 d early
2020
31 d early
2019
7 d late
2018
7 d early
2017
49 d early
2016
3 d early
2015
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€4.58M▼ 53.4%
2020 · €9.83M
2018: €10.63Mhighest in 4 years
2019: €10.20M▼ -4.1% vs 2018
2020: €9.83M▼ -3.7% vs 2019
2021: €4.58M▼ -53.4% vs 2020lowest in 4 years
2018 → 2021
EBIT margin
4.4%▼ 2.8pp
2020 · 7.2%
2018: 8.4%highest in 4 years
2019: 8.3%▼ -0.8% vs 2018
2020: 7.2%▼ -13.2% vs 2019
2021: 4.4%▼ -39.4% vs 2020lowest in 4 years
2018 → 2021
Net result
€-470k
2020 · €703k
2018: €851khighest in 4 years
2019: €-3.47M▼ -507% vs 2018lowest in 4 years
2020: €703k▲ +120% vs 2019
2021: €-470k▼ -167% vs 2020
2018 → 2021
Working capital
€5.37M▲ 27.9%
2020 · €4.20M
2018: €1.11Mlowest in 4 years
2019: €2.95M▲ +165% vs 2018
2020: €4.20M▲ +42.5% vs 2019
2021: €5.37M▲ +27.9% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€10.63M-€10.20M▼ 4.1%€9.83M▼ 3.7%€4.58M▼ 53.4%
2018: €10.63Mhighest in 4 years
2019: €10.20M▼ -4.1% vs 2018
2020: €9.83M▼ -3.7% vs 2019
2021: €4.58M▼ -53.4% vs 2020lowest in 4 years
Equity€6.81M-€3.34M▼ 50.9%€4.04M▲ 21.0%€3.57M▼ 11.6%
2018: €6.81Mhighest in 4 years
2019: €3.34M▼ -50.9% vs 2018lowest in 4 years
2020: €4.04M▲ +21.0% vs 2019
2021: €3.57M▼ -11.6% vs 2020
Operating result€889k-€846k▼ 4.9%€708k▼ 16.3%€200k▼ 71.7%
2018: €889khighest in 4 years
2019: €846k▼ -4.9% vs 2018
2020: €708k▼ -16.3% vs 2019
2021: €200k▼ -71.7% vs 2020lowest in 4 years
Net result€851k-€-3.47M€703k€-470k
2018: €851khighest in 4 years
2019: €-3.47M▼ -507% vs 2018lowest in 4 years
2020: €703k▲ +120% vs 2019
2021: €-470k▼ -167% vs 2020
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2021 is 72% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €7.04M
Fixed assets
€378k ▼ 80.5%
Current assets
€6.66M ▲ 16.6%
Equity and liabilities €7.04M
Equity
€3.57M ▼ 11.6%
Provisions
€310k ▼ 35.5%
Debt
€3.16M ▲ 0.8%
Debt's share of the balance-sheet total rises from 40.9% to 44.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€285k▼
2020 · €927k
Cash flow
€-385k▼
2020 · €922k
Current ratio
5.17▲
2020 · 3.78
Quick ratio
5.14▲
2020 · 3.74
ROE
-13.2%▼
2020 · 17.4%
ROA
-6.7%▼
2020 · 9.2%
Interest coverage
333.84▼
2020 · 376.82
Debt ≤ 1 year
€1.29M▼
2020 · €1.51M
Income taxes
€61k▲
2020 · €3k
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 · 28 lines
Balance sheet
Code20202021
Assets
Total assets20/58€7.66M€7.04M▼
Fixed assets21/28€1.94M€378k▼
Intangible fixed assets21€268k€50k▼
Tangible fixed assets22/27€189k€157k▼
Financial fixed assets28€1.48M€172k▼
Current assets29/58€5.71M€6.66M▲
Stocks and contracts in progress3€61k€38k▼
Amounts receivable within one year40/41€4.90M€4.63M▼
Cash at bank and in hand54/58€723k€1.98M▲
Equity and liabilities
Total equity and liabilities10/49€7.66M€7.04M▼
Equity10/15€4.04M€3.57M▼
Contributions10/11€6.00M€6.00M=
Reserves13€609k€609k=
Profit (loss) carried forward14€-2.56M€-3.03M▼
Provisions and deferred taxes16€481k€310k▼
Amounts payable17/49€3.13M€3.16M▲
Amounts payable within one year42/48€1.51M€1.29M▼
Trade debts44€1.12M€854k▼
Income statement
Code20202021
Turnover70€9.83M€4.58M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220k€85k▼
Operating profit (loss)9901€708k€200k▼
Recurring financial income75€1k€22k▲
Recurring financial charges65€4k€6k▲
Debt charges650€2k€855▼
Profit (loss) for the period before taxes9903€705k€-409k▼
Income taxes67/77€3k€61k▲
Profit (loss) for the period9904€703k€-470k▼
Profit (loss) for the period to be appropriated9905€703k€-470k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €10.63M | €10.20M | €9.83M | €4.58M | ▼ 53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €201k | €208k | €220k | €85k | ▼ 61.2% |
| Operating profit (loss)9901 | €889k | €846k | €708k | €200k | ▼ 71.7% |
| Recurring financial income75 | €35k | €34k | €1k | €22k | ▲ 1,506% |
| Recurring financial charges65 | €6k | €623k | €4k | €6k | ▲ 59.2% |
| Debt charges650 | €4k | €4k | €2k | €855 | ▼ 65.3% |
| Profit (loss) for the period before taxes9903 | €919k | €-3.47M | €705k | €-409k | ▼ 158% |
| Income taxes67/77 | €67k | €802 | €3k | €61k | ▲ 2,007% |
| Profit (loss) for the period9904 | €851k | €-3.47M | €703k | €-470k | ▼ 167% |
| Profit (loss) for the period to be appropriated9905 | €851k | €-3.47M | €703k | €-470k | ▼ 167% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €11.38M | €6.39M | €7.66M | €7.04M | ▼ 8.0% |
| Fixed assets21/28 | €5.74M | €1.94M | €1.94M | €378k | ▼ 80.5% |
| Intangible fixed assets21 | €452k | €384k | €268k | €50k | ▼ 81.4% |
| Tangible fixed assets22/27 | €210k | €205k | €189k | €157k | ▼ 17.2% |
| Financial fixed assets28 | €5.08M | €1.35M | €1.48M | €172k | ▼ 88.4% |
| Current assets29/58 | €5.63M | €4.45M | €5.71M | €6.66M | ▲ 16.6% |
| Stocks and contracts in progress3 | €19k | €49k | €61k | €38k | ▼ 37.3% |
| Amounts receivable within one year40/41 | €5.14M | €3.71M | €4.90M | €4.63M | ▼ 5.5% |
| Cash at bank and in hand54/58 | €459k | €672k | €723k | €1.98M | ▲ 173% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €11.38M | €6.39M | €7.66M | €7.04M | ▼ 8.0% |
| Equity10/15 | €6.81M | €3.34M | €4.04M | €3.57M | ▼ 11.6% |
| Contributions10/11 | €6.00M | €6.00M | €6.00M | €6.00M | = |
| Reserves13 | €759k | €609k | €609k | €609k | = |
| Profit (loss) carried forward14 | €51k | €-3.27M | €-2.56M | €-3.03M | ▼ 18.3% |
| Provisions and deferred taxes16 | €25k | €24k | €481k | €310k | ▼ 35.5% |
| Amounts payable17/49 | €4.54M | €3.02M | €3.13M | €3.16M | ▲ 0.8% |
| Amounts payable within one year42/48 | €4.52M | €1.50M | €1.51M | €1.29M | ▼ 14.8% |
| Trade debts44 | €3.35M | €1.12M | €1.12M | €854k | ▼ 23.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €851k | €-3.47M | €703k | €-470k | ▼ 167% |
| + Depreciation and write-downs630 | €201k | €208k | €220k | €85k | ▼ 61.2% |
| Operating cash flow (approximation) | €1.05M | €-3.26M | €922k | €-385k | ▼ 142% |
| Investment in fixed assets (approximation) | - | €3.59M | €-217k | €1.48M | ▲ 781% |
| Change in cash | - | €213k | €51k | €1.25M | ▲ 2,341% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
23-06
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
29-04
State Gazette act
Board meeting · Merger
Corporate purpose · Capital
2020
31-12
Financial
Back to profitnet €703k
Net result €703k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
31-12
Financial
Weakest financial yearnet €-3.47M
Net result drops to €-3.47M, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.97
Current ratio from 1.25 to 2.97; short-term debt falls from €4.52M to €1.50M.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Show earlier events
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
2014
27-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 88 days late
2013
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:ROULARTA MEDIA GROUP