CLAES
InactiveFinancials · financial year 2020, micro format
2020 annual accounts filed 17 days after the deadline Filed on 17 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-49300315.
Annual accounts 2020 filed on 17-08-2021 PDF all 28 filings
Turnover
≈ €120,000
Estimated: probably between €54,000 and €280,000
Total assets
€46,985▼ 42.6%
2019 · €81,789
Net result
€9,452▼ 23.9%
2019 · €12,426
Working capital
€36,367▲ 37.6%
2019 · €26,436
Trend over the years
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result for 2020 is 31% lower than in 2019.
Operating result€12,358
2020
Net result€9,452
2020
Total assets€46,985
2020
Equity€41,515
2020
Debt€5,469
2020
Working capital€36,367
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€12,329-€17,874▲ 45.0%€12,358▼ 30.9%
Net result€7,036-€12,426▲ 76.6%€9,452▼ 23.9%
Equity€19,330-€32,064▲ 65.9%€41,515▲ 29.5%
Total assets€38,968-€81,789▲ 110%€46,985▼ 42.6%
Debt€19,638-€49,726▲ 153%€5,469▼ 89.0%
Working capital€14,625-€26,436▲ 80.8%€36,367▲ 37.6%
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
2020 in colour, 2019 as the grey bar beneath
Assets €46,985
Fixed assets
€5,148 ▼ 8.5%
Current assets
€41,836 ▼ 45.1%
Equity and liabilities €46,985
Equity
€41,515 ▲ 29.5%
Debt
€5,469 ▼ 89.0%
Debt's share of the balance-sheet total falls from 60.8% to 11.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,643▼
2019 · €19,938
Cash flow
€11,737▼
2019 · €14,490
Current ratio
7.65▲
2019 · 1.53
ROE
22.8%▼
2019 · 38.8%
ROA
20.1%▲
2019 · 15.2%
Debt ≤ 1 year
€5,469▼
2019 · €49,726
Income taxes
€3,615▼
2019 · €4,342
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 | €1,436 | €2,064 | €2,285 | ▲ 10.7% |
| Gross operating margin9900 | €22,165 | €20,739 | €15,438 | ▼ 25.6% |
| Operating profit (loss)9901 | €12,329 | €17,874 | €12,358 | ▼ 30.9% |
| Recurring financial income75 | €1,150 | €520 | €1,048 | ▲ 102% |
| Recurring financial charges65 | €2,368 | €1,626 | €339 | ▼ 79.2% |
| Profit (loss) for the period before taxes9903 | €11,111 | €16,769 | €13,067 | ▼ 22.1% |
| Income taxes67/77 | €4,075 | €4,342 | €3,615 | ▼ 16.7% |
| Profit (loss) for the period9904 | €7,036 | €12,426 | €9,452 | ▼ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €7,036 | €12,426 | €12,975 | ▲ 4.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €38,968 | €81,789 | €46,985 | ▼ 42.6% |
| Fixed assets21/28 | €4,706 | €5,628 | €5,148 | ▼ 8.5% |
| Tangible fixed assets22/27 | €4,706 | €5,628 | €5,148 | ▼ 8.5% |
| Current assets29/58 | €34,263 | €76,161 | €41,836 | ▼ 45.1% |
| Amounts receivable within one year40/41 | €33,951 | €76,161 | €39,115 | ▼ 48.6% |
| Cash at bank and in hand54/58 | - | - | €2,721 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €38,968 | €81,789 | €46,985 | ▼ 42.6% |
| Equity10/15 | €19,330 | €32,064 | €41,515 | ▲ 29.5% |
| Contributions10/11 | €18,293 | €18,600 | - | - |
| Reserves13 | €5,383 | €13,464 | €22,915 | ▲ 70.2% |
| Profit (loss) carried forward14 | -€4,346 | - | - | - |
| Amounts payable17/49 | €19,638 | €49,726 | €5,469 | ▼ 89.0% |
| Amounts payable within one year42/48 | €19,638 | €49,726 | €5,469 | ▼ 89.0% |
| Trade debts44 | €9,215 | €33,648 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,036 | €12,426 | €9,452 | ▼ 23.9% |
| + Depreciation and write-downs630 | €1,436 | €2,064 | €2,285 | ▲ 10.7% |
| Operating cash flow (approximation) | €8,472 | €14,490 | €11,737 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | -€2,986 | -€1,805 | ▲ 39.5% |
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 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 17-08-2021 | 2021-49300315 | |
| 31-12-2019 | micro format | 08-09-2020 | 2020-52700502 | |
| 31-12-2018 | micro format | 13-08-2019 | 2019-46700122 | |
| 31-12-2017 | micro format | 14-06-2018 | 2018-19100304 | |
| 31-12-2016 | micro format | 07-06-2017 | 2017-15600043 | |
| 31-12-2015 | abbreviated format | 10-06-2016 | 2016-17900248 | |
| 31-12-2014 | abbreviated format | 18-06-2015 | 2015-20200498 | |
| 31-12-2013 | abbreviated format | 15-07-2014 | 2014-32200019 | |
| 31-12-2012 | abbreviated format | 30-06-2013 | 2013-25400149 | |
| 31-12-2011 | abbreviated format | 27-06-2012 | 2012-24200328 |