BRIDTSTONE
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-09-2022, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2021
54 d late
2020
51 d late
2019
88 d late
2018
61 d late
2017
20 d early
2016
18 d early
2015
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
€321k
EBIT margin
31.1%
Net result
€172k▲ 936%
2020 · €17k
2018: €-33k
2019: €637k
2020: €17k
2018 → 2021
Working capital
€-142k▲ 60.6%
2020 · €-361k
2018: €-4.52M
2019: €-442k
2020: €-361k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€321k
Equity€882k-€1.52M▲ 71.8%€1.53M▲ 1.1%€1.70M▲ 11.2%
Operating result€37k-€898k▲ 2,331%€73k▼ 91.9%€100k▲ 37.1%
Net result€-33k-€637k€17k▼ 97.4%€172k▲ 936%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 37% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.82M
Fixed assets
€3.72M ▼ 3.3%
Current assets
€100k ▼ 67.4%
Equity and liabilities €3.82M
Equity
€1.70M ▲ 11.2%
Debt
€2.12M ▼ 19.3%
Debt's share of the balance-sheet total falls from 63.2% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€226k▲
2020 · €222k
Cash flow
€298k▲
2020 · €166k
Current ratio
0.41▼
2020 · 0.46
Debt to equity
1.24▼
2020 · 1.26
ROE
10.1%▲
2020 · 1.1%
ROA
4.5%▲
2020 · 0.4%
Interest coverage
6.86
Debt ≤ 1 year
€242k▼
2020 · €667k
Debt > 1 year
€1.86M▼
2020 · €1.93M
Income taxes
€65k▲
2020 · €7k
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 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€4.16M€3.82M▼
Fixed assets21/28€3.85M€3.72M▼
Tangible fixed assets22/27€2.85M€2.71M▼
Land and buildings22-€2.71M
Financial fixed assets28€998k€1.01M▲
Current assets29/58€306k€100k▼
Amounts receivable within one year40/41€203k-
Cash at bank and in hand54/58€98k€97k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€4.16M€3.82M▼
Equity10/15€1.53M€1.70M▲
Contributions10/11-€75k
Reserves13€712k€1.63M▲
Non-distributable reserves130/1-€8k
Reserves not available under the articles1311-€8k
Tax-exempt reserves132-€5k
Distributable reserves133-€1.62M
Profit (loss) carried forward14€745k-
Amounts payable17/49€2.63M€2.12M▼
Amounts payable after more than one year17€1.93M€1.86M▼
Financial debts170/4-€1.85M
Other amounts payable178/9-€6k
Amounts payable within one year42/48€667k€242k▼
Current portion of amounts payable after more than one year42-€104k
Trade debts44€114k€11k▼
Suppliers440/4-€11k
Taxes, remuneration and social security45-€61k
Taxes450/3-€61k
Other amounts payable47/48-€66k
Accrued charges and deferred income492/3-€18k
Income statement
Code20202021
Turnover70-€321k
Non-recurring operating income76A-€20k
Goods, raw materials, services and sundry goods60/61-€104k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€126k▼
Other operating charges640/8-€14k
Non-recurring operating charges66A-€9k
Gross operating margin9900€364k€249k▼
Operating profit (loss)9901€73k€100k▲
Financial income75/76B-€170k
Recurring financial income75€676€170k▲
Financial charges65/66B-€33k
Recurring financial charges65€50k€33k▼
Profit (loss) for the period before taxes9903€24k€237k▲
Income taxes67/77€7k€65k▲
Profit (loss) for the period9904€17k€172k▲
Profit (loss) for the period to be appropriated9905€17k€172k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€917k
Profit (loss) brought forward from the previous period14P-€745k
Transfer to equity691/2-€917k
To other reserves6921-€917k
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
21-10
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
20-07
State Gazette act
Merger · Corporate purpose
Accounting effect · Real estate
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 51 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Back to profitnet €637k
Net result €637k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.52M ▲71.8%
Equity rises from €882k to €1.52M.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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:BMB BOUWMATERIALEN