BLOMME CONSTRUCT
Absorbed by WONINGBOUW BLOMMEFinancials · financial year 2023, full format
Annual accounts 2023 filed on 24-06-2024 PDF all 13 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€5.2m▼ 48.9%
2022 · €10.1m
EBIT margin
15.9%▼ 7.9pp
2022 · 23.8%
Net result
€758,189▼ 58.7%
2022 · €1.8m
Working capital
€7.8m▼ 3.9%
2022 · €8.1m
Multi-year overview
2019 to 2023, 5 financial yearsTurnover
€5.2m
▼ 48.9%
2023
20192023
Operating result
€824,318
▼ 65.8%
2023
20192023
Net result
€758,189
▼ 58.7%
2023
20192023
EBIT margin
15.9%
▼ 7.9pp
2023
20192023
Equity
€9.3m
▲ 8.9%
2023
20192023
Total assets
€9.6m
▲ 8.5%
2023
20192023
Debt
€318,640
▼ 1.9%
2023
20192023
Working capital
€7.8m
▼ 3.9%
2023
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Turnover€6.9m-€3.1m▼ 55.6%€7.3m▲ 140%€10.1m▲ 38.1%€5.2m▼ 48.9%
Operating result€2.0m-€0.9m▼ 57.6%€1.6m▲ 83.8%€2.4m▲ 54.2%€0.8m▼ 65.8%
Net result€1.5m-€0.7m▼ 55.9%€1.2m▲ 89.8%€1.8m▲ 47.7%€0.8m▼ 58.7%
EBIT margin29.2%-27.9%▼ 1.3pp21.3%▼ 6.6pp23.8%▲ 2.5pp15.9%▼ 7.9pp
Equity€4.8m-€5.4m▲ 13.7%€6.7m▲ 22.8%€8.5m▲ 27.5%€9.3m▲ 8.9%
Total assets€6.1m-€6.5m▲ 7.7%€8.4m▲ 29.0%€8.9m▲ 5.2%€9.6m▲ 8.5%
Debt€1.3m-€1.1m▼ 14.8%€1.7m▲ 60.3%€0.3m▼ 81.2%€0.3m▼ 1.9%
Working capital€4.7m-€5.0m▲ 5.5%€6.4m▲ 27.5%€8.1m▲ 27.7%€7.8m▼ 3.9%
The operating result for 2023 is 66% lower than in 2022 and the lowest since 2019.
Large changes and their cause
- 2023 Net result -59% on 2022. Last accounts before the absorption by WONINGBOUW BLOMME (effective 29-05-2024). This financial year ran 15 months, the previous one 12.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €9.6m
Fixed assets
€1.5m ▲ 266%
Current assets
€8.1m ▼ 3.8%
Equity and liabilities €9.6m
Equity
€9.3m ▲ 8.9%
Debt
€318,640 ▼ 1.9%
Debt's share of the balance-sheet total falls from 3.7% to 3.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€899,955▼
2022 · €2.5m
Cash flow
€833,826▼
2022 · €1.9m
Current ratio
25.85▼
2022 · 26.14
Quick ratio
24.57▲
2022 · 23.02
Debt to equity
0.03▼
2022 · 0.04
ROE
8.2%▼
2022 · 21.5%
ROA
7.9%▼
2022 · 20.7%
Interest coverage
over 100▲
2022 · 97.68
Debt ≤ 1 year
€314,380▼
2022 · €323,282
Debt > 1 year
€4,260▲
2022 · €1,555
Income taxes
€259,841▼
2022 · €617,226
Customer credit
10 days▲
2022 · 8 days
Supplier credit
1 day▼
2022 · 12 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2022 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €1.3m |
| Depreciation and write-downs of the year | €45,990 | €75,637 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €10.2m | €6.6m | ▼ 35.2% |
| Turnover70 | €6.9m | €3.1m | €7.3m | €10.1m | €5.2m | ▼ 48.9% |
| Own construction capitalised72 | - | - | - | - | €1.1m | - |
| Other operating income74 | - | - | - | €0.04m | €0.3m | ▲ 700% |
| Operating charges60/66A | - | - | - | €7.8m | €5.8m | ▼ 25.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €7.7m | €5.6m | ▼ 26.8% |
| Purchases600/8 | - | - | - | €6.0m | €5.0m | ▼ 16.4% |
| Change in stocks: decrease (increase)609 | - | - | - | €1.7m | €0.6m | ▼ 63.9% |
| Services and other goods61 | - | - | - | €0.05m | €0.08m | ▲ 42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.01m | €0.05m | €0.05m | €0.08m | ▲ 64.5% |
| Other operating charges640/8 | - | - | - | €0.008m | €0.01m | ▲ 49.3% |
| Operating profit (loss)9901 | €2.0m | €0.9m | €1.6m | €2.4m | €0.8m | ▼ 65.8% |
| Financial income75/76B | - | - | - | €0.07m | €0.2m | ▲ 212% |
| Recurring financial income75 | €0.1m | €0.1m | €0.1m | €0.07m | €0.2m | ▲ 212% |
| Income from current assets751 | - | - | - | €0.05m | €0.2m | ▲ 275% |
| Other financial income752/9 | - | - | - | €0.01m | €0.003m | ▼ 74.3% |
| Financial charges65/66B | - | - | - | €0.03m | €0.01m | ▼ 55.0% |
| Recurring financial charges65 | €0.008m | €0.01m | €0.01m | €0.03m | €0.01m | ▼ 55.0% |
| Debt charges650 | €0.008m | €0.002m | €0.001m | - | €0 | - |
| Other financial charges652/9 | - | - | - | €0.03m | €0.01m | ▼ 55.0% |
| Profit (loss) for the period before taxes9903 | €2.1m | €0.9m | €1.7m | €2.5m | €1.0m | ▼ 58.5% |
| Income taxes67/77 | €0.6m | €0.3m | €0.4m | €0.6m | €0.3m | ▼ 57.9% |
| Taxes670/3 | - | - | - | €0.6m | €0.3m | ▼ 57.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €146 | - | - |
| Profit (loss) for the period9904 | €1.5m | €0.7m | €1.2m | €1.8m | €0.8m | ▼ 58.7% |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €0.7m | €1.2m | €1.8m | €0.8m | ▼ 58.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €6.5m | €8.4m | €8.9m | €9.6m | ▲ 8.5% |
| Fixed assets21/28 | €0.07m | €0.5m | €0.4m | €0.4m | €1.5m | ▲ 266% |
| Tangible fixed assets22/27 | - | €0.3m | €0.3m | €0.2m | €1.3m | ▲ 472% |
| Land and buildings22 | - | - | - | €0.1m | €1.3m | ▲ 889% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.06m | ▼ 46.5% |
| Financial fixed assets28 | €0.07m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 15.7% |
| Other financial fixed assets284/8 | - | - | - | €0.2m | €0.1m | ▼ 15.7% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.2m | €0.1m | ▼ 15.7% |
| Current assets29/58 | €6.0m | €6.1m | €8.0m | €8.4m | €8.1m | ▼ 3.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €1.5m | - |
| Other amounts receivable291 | - | - | - | - | €1.5m | - |
| Stocks and contracts in progress3 | €1.3m | €2.8m | €2.7m | €1.0m | €0.4m | ▼ 60.2% |
| Stocks30/36 | - | - | - | €1.0m | €0.4m | ▼ 60.2% |
| Property held for sale35 | - | - | - | €1.0m | €0.4m | ▼ 60.2% |
| Amounts receivable within one year40/41 | €4.6m | €2.8m | €3.1m | €5.2m | €3.7m | ▼ 29.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.1m | ▼ 36.3% |
| Other amounts receivable41 | - | - | - | €5.0m | €3.5m | ▼ 28.9% |
| Cash at bank and in hand54/58 | €0.08m | €0.5m | €2.2m | €2.2m | €2.5m | ▲ 13.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €6.5m | €8.4m | €8.9m | €9.6m | ▲ 8.5% |
| Equity10/15 | €4.8m | €5.4m | €6.7m | €8.5m | €9.3m | ▲ 8.9% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | = |
| Reserves13 | €4.8m | €5.4m | €6.7m | €8.5m | €9.3m | ▲ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - |
| Distributable reserves133 | - | - | - | €8.5m | €9.3m | ▲ 8.9% |
| Profit (loss) carried forward14 | €0.001m | €22 | €0.001m | €0.001m | €64 | ▼ 92.7% |
| Amounts payable17/49 | €1.3m | €1.1m | €1.7m | €0.3m | €0.3m | ▼ 1.9% |
| Amounts payable after more than one year17 | - | - | €0.002m | €0.002m | €0.004m | ▲ 174% |
| Other amounts payable178/9 | - | - | - | €0.002m | €0.004m | ▲ 174% |
| Amounts payable within one year42/48 | €1.3m | €1.1m | €1.6m | €0.3m | €0.3m | ▼ 2.8% |
| Trade debts44 | €0.7m | €0.2m | €1.3m | €0.3m | €0.02m | ▼ 91.1% |
| Suppliers440/4 | - | - | - | €0.3m | €0.02m | ▼ 91.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.3m | ▲ 305% |
| Taxes450/3 | - | - | - | €0.07m | €0.3m | ▲ 305% |
| Other amounts payable47/48 | - | - | - | - | €0.03m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.5m | €0.7m | €1.2m | €1.8m | €0.8m | ▼ 58.7% |
| + Depreciation and write-downs630 | - | €0.01m | €0.05m | €0.05m | €0.08m | ▲ 64.5% |
| Operating cash flow (approximation) | €1.5m | €0.7m | €1.3m | €1.9m | €0.8m | ▼ 55.7% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.03m | -€0.009m | -€1.2m | ▼ 13,206% |
| Change in cash | - | €0.4m | €1.6m | €0.08m | €0.3m | ▲ 281% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | full format | 24-06-2024 | 2024-00192808 | |
| 30-09-2022 | full format | 31-03-2023 | 2023-00056261 | |
| 30-09-2021 | full format | 31-03-2022 | 2022-10000271 | |
| 30-09-2020 | full format | 29-04-2021 | 2021-13400589 | |
| 30-09-2019 | full format | 26-05-2020 | 2020-13800420 | |
| 30-09-2018 | full format | 30-04-2019 | 2019-12000529 | |
| 30-09-2017 | full format | 23-03-2018 | 2018-07700070 | |
| 30-09-2016 | full format | 29-03-2017 | 2017-08000442 | |
| 30-09-2015 | full format | 13-04-2016 | 2016-09900446 | |
| 30-09-2014 | full format | 13-04-2015 | 2015-09700017 |