CLCA
Open bankruptcyFinancials · financial year 2020, micro format
2020 annual accounts filed 93 days after the deadline Filed on 1 November 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-76300561.
Annual accounts 2020 filed on 01-11-2021 PDF all 8 filings
Turnover
≈ €120,000
Estimated: probably between €86,000 and €170,000
Total assets
€109,705▼ 3.4%
2019 · €113,519
Net result
€7,766▼ 36.8%
2019 · €12,281
Working capital
€71,616▲ 22.4%
2019 · €58,533
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€12,878
▼ 40.7%
2020
20182020
Net result
€7,766
▼ 36.8%
2020
middle half of the sector
20182020
Equity
€75,518
▲ 11.5%
2020
middle half of the sector
20182020
Total assets
€109,705
▼ 3.4%
2020
middle half of the sector
20182020
Debt
€34,187
▼ 25.3%
2020
20182020
Working capital
€71,616
▲ 22.4%
2020
middle half of the sector
20182020
Solvency
68.8%
▲ 9.2pp
2020
middle half of the sector
20182020
Current ratio
3.09
▲ 0.44
2020
middle half of the sector
20182020
Return on assets (ROA)
7.1%
▼ 3.7pp
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-€2,335-€21,716€12,878▼ 40.7%
Net result-€3,813-€12,281€7,766within the sector's middle half▼ 36.8%
Equity€55,472-€67,753▲ 22.1%€75,518within the sector's middle half▲ 11.5%
Total assets€94,415-€113,519▲ 20.2%€109,705within the sector's middle half▼ 3.4%
Debt€38,943-€45,767▲ 17.5%€34,187▼ 25.3%
Working capital€49,663-€58,533▲ 17.9%€71,616within the sector's middle half▲ 22.4%
Solvency58.8%-59.7%▲ 0.9pp68.8%within the sector's middle half▲ 9.2pp
Current ratio3.42-2.65▼ 0.773.09within the sector's middle half▲ 0.44
Return on assets (ROA)-4.0%-10.8%▲ 14.9pp7.1%within the sector's middle half▼ 3.7pp
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). 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 41% lower than 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
2020 in colour, 2019 as the grey bar beneath
Assets €109,705
Fixed assets
€3,902 ▼ 80.0%
Current assets
€105,803 ▲ 12.6%
Equity and liabilities €109,705
Equity
€75,518 ▲ 11.5%
Debt
€34,187 ▼ 25.3%
Debt's share of the balance-sheet total falls from 40.3% to 31.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,531▼
2019 · €37,369
Cash flow
€23,418▼
2019 · €27,933
ROE
10.3%▼
2019 · 18.1%
Debt ≤ 1 year
€34,187▼
2019 · €35,431
Income taxes
€4,268▼
2019 · €6,518
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 | €6,000 | €15,652 | €15,652 | = |
| Gross operating margin9900 | €5,184 | €54,992 | €48,454 | ▼ 11.9% |
| Operating profit (loss)9901 | -€2,335 | €21,716 | €12,878 | ▼ 40.7% |
| Recurring financial income75 | - | €1 | €2 | ▲ 120% |
| Recurring financial charges65 | €1,161 | €1,318 | €511 | ▼ 61.2% |
| Profit (loss) for the period before taxes9903 | -€3,496 | €18,799 | €12,033 | ▼ 36.0% |
| Income taxes67/77 | €317 | €6,518 | €4,268 | ▼ 34.5% |
| Profit (loss) for the period9904 | -€3,813 | €12,281 | €7,766 | ▼ 36.8% |
| Profit (loss) for the period to be appropriated9905 | -€3,813 | €12,281 | €7,766 | ▼ 36.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €94,415 | €113,519 | €109,705 | ▼ 3.4% |
| Fixed assets21/28 | €24,250 | €19,555 | €3,902 | ▼ 80.0% |
| Intangible fixed assets21 | €24,000 | €12,000 | - | - |
| Tangible fixed assets22/27 | - | €7,305 | €3,652 | ▼ 50.0% |
| Financial fixed assets28 | €250 | €250 | €250 | = |
| Current assets29/58 | €70,165 | €93,965 | €105,803 | ▲ 12.6% |
| Amounts receivable within one year40/41 | €69,228 | €80,917 | €87,679 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €936 | €13,048 | €18,124 | ▲ 38.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €94,415 | €113,519 | €109,705 | ▼ 3.4% |
| Equity10/15 | €55,472 | €67,753 | €75,518 | ▲ 11.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €14,200 | €21,966 | ▲ 54.7% |
| Profit (loss) carried forward14 | €33,472 | €33,553 | €33,553 | = |
| Amounts payable17/49 | €38,943 | €45,767 | €34,187 | ▼ 25.3% |
| Amounts payable after more than one year17 | €18,441 | €10,336 | - | - |
| Amounts payable within one year42/48 | €20,502 | €35,431 | €34,187 | ▼ 3.5% |
| Trade debts44 | €5,009 | €5,586 | €8,546 | ▲ 53.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,813 | €12,281 | €7,766 | ▼ 36.8% |
| + Depreciation and write-downs630 | €6,000 | €15,652 | €15,652 | = |
| Operating cash flow (approximation) | €2,187 | €27,933 | €23,418 | ▼ 16.2% |
| Investment in fixed assets (approximation) | - | -€10,957 | €0 | - |
| Change in cash | - | €12,112 | €5,076 | ▼ 58.1% |
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 (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 01-11-2021 | 2021-76300561 | |
| 31-12-2019 | micro format | 01-10-2020 | 2020-57700378 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-47900374 | |
| 31-12-2017 | micro format | 22-02-2018 | 2018-05200515 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-49500279 | |
| 31-12-2015 | abbreviated format | 19-08-2016 | 2016-44600030 | |
| 31-12-2014 | abbreviated format | 04-08-2015 | 2015-39200008 | |
| 31-12-2013 | abbreviated format | 14-08-2014 | 2014-42200253 |