CCD Management
Open bankruptcyFinancials · financial year 2020, micro format
2020 annual accounts filed 31 days after the deadline Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-63200229.
Annual accounts 2020 filed on 31-08-2021 PDF all 6 filings
Turnover
≈ €68,000
Estimated: probably between €54,000 and €94,000
Total assets
€87,739▲ 67.2%
2019 · €52,464
Net result
-€3,050
2019 · €789
Working capital
-€17,455
2019 · €1,186
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
-€2,817
2020
20182020
Net result
-€3,050
2020
lowest quarter of the sector
20182020
Equity
-€1,864
2020
lowest quarter of the sector
20182020
Total assets
€87,739
▲ 67.2%
2020
middle half of the sector
20182020
Debt
€89,603
▲ 74.7%
2020
20182020
Working capital
-€17,455
2020
lowest quarter of the sector
20182020
Solvency
-2.1%
▼ 4.4pp
2020
lowest quarter of the sector
20182020
Current ratio
0.81
▼ 0.22
2020
middle half of the sector
20182020
Return on assets (ROA)
-3.5%
▼ 5.0pp
2020
lowest quarter of the sector
20182020
Staff (FTE)
1
2020
middle half of the sector
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result-€9,578-€902-€2,817
Net result-€10,666-€789-€3,050below the sector's middle half
Equity€397-€1,186▲ 199%-€1,864below the sector's middle half
Total assets€9,629-€52,464▲ 445%€87,739within the sector's middle half▲ 67.2%
Debt€9,232-€51,278▲ 455%€89,603▲ 74.7%
Working capital-€3,943-€1,186-€17,455below the sector's middle half
Solvency4.1%-2.3%▼ 1.9pp-2.1%below the sector's middle half▼ 4.4pp
Current ratio0.57-1.02▲ 0.450.81within the sector's middle half▼ 0.22
Return on assets (ROA)-110.8%-1.5%▲ 112.3pp-3.5%below the sector's middle half▼ 5.0pp
Staff (FTE)1within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2020 is a loss of €2,817, after a profit of €902 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
Assets €87,739
Fixed assets
€15,591
Current assets
€72,148
Equity and liabilities
Equity-€1,864
Debt€89,603
Equity is negative. Debt (€89,603) exceeds the balance-sheet total (€87,739).
Key figures and ratios
EBITDA
€1,270
Cash flow
€1,037
Debt ≤ 1 year
€89,603▲
2019 · €51,278
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,447 | - | €4,087 | - |
| Gross operating margin9900 | -€7,830 | €1,095 | €26,758 | ▲ 24× |
| Operating profit (loss)9901 | -€9,578 | €902 | -€2,817 | - |
| Recurring financial income75 | - | - | €479 | - |
| Recurring financial charges65 | €1,088 | €113 | €712 | ▲ 530% |
| Profit (loss) for the period before taxes9903 | -€10,666 | €789 | -€3,050 | - |
| Profit (loss) for the period9904 | -€10,666 | €789 | -€3,050 | - |
| Profit (loss) for the period to be appropriated9905 | -€10,666 | €789 | -€3,050 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9,629 | €52,464 | €87,739 | ▲ 67.2% |
| Fixed assets21/28 | €4,340 | - | €15,591 | - |
| Tangible fixed assets22/27 | €4,340 | - | €15,591 | - |
| Current assets29/58 | €5,289 | €52,464 | €72,148 | ▲ 37.5% |
| Amounts receivable within one year40/41 | €5,237 | €52,283 | €71,168 | ▲ 36.1% |
| Cash at bank and in hand54/58 | €52 | €181 | €94 | ▼ 48.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9,629 | €52,464 | €87,739 | ▲ 67.2% |
| Equity10/15 | €397 | €1,186 | -€1,864 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€18,203 | -€17,414 | -€20,464 | ▼ 17.5% |
| Amounts payable17/49 | €9,232 | €51,278 | €89,603 | ▲ 74.7% |
| Amounts payable within one year42/48 | €9,232 | €51,278 | €89,603 | ▲ 74.7% |
| Trade debts44 | €1,837 | €3,190 | €29,580 | ▲ 827% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,666 | €789 | -€3,050 | - |
| + Depreciation and write-downs630 | €1,447 | - | €4,087 | - |
| Operating cash flow (approximation) | -€9,219 | €789 | €1,037 | ▲ 31.4% |
| Change in cash | - | €129 | -€87 | - |
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 (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 31-08-2021 | 2021-63200229 | |
| 31-12-2019 | micro format | 24-06-2021 | 2021-24300599 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59800528 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-49700564 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-25900283 | |
| 31-12-2015 | abbreviated format | 20-06-2017 | 2017-21200465 |