COMMOR
Annual accounts 2021
full format, filed on 21-06-2022, 52 days lateGross margin
€8,630
▲ €11,416
Operating result
€6,114
▲ €10,030
Profit
€4,157
▲ €4,334
Working capital
€119,711
▲ 4.6%
Solvency
79.1%
▼ 4.4 percentage points
Current ratio
4.84
▼ 1.30
The turnover shown is an estimate from the gross margin.
Turnover ≈ €58,000. Estimated: probably between €24,000 and €150,000.
Balance sheet
balance sheet total €151,983 on 30-09-2021What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
Total assets20/58 |
151,983 | 138,927 | 474,860 | 497,074 | 938,347 | 617,133 | 337,206 | 1.2m | 1.3m | 1.3m | 1.3m | 155,650 | 124,365 | 240,993 | 69,468 | 68,999 | |
Fixed assets21/28 |
1,126 | 2,190 | 3,254 | 4,317 | 5,734 | 7,151 | 7,509 | 8,573 | 9,575 | - | - | 223 | 549 | 26,618 | 13,935 | 2,231 | |
Tangible fixed assets22/27 |
1,064 | 2,128 | 3,192 | 4,255 | 5,672 | 7,089 | 7,447 | 8,511 | 9,575 | - | - | 223 | 549 | 618 | 935 | 2,231 | |
Plant, machinery and equipment23 |
- | - | - | - | 353 | 706 | - | - | - | - | - | 223 | 549 | 618 | 935 | 2,231 | |
Furniture and vehicles24 |
1,064 | 2,128 | 3,192 | 4,255 | 5,319 | 6,383 | 7,447 | 8,511 | 9,575 | - | - | - | - | - | - | - | |
Financial fixed assets28 |
62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | - | - | - | - | - | 26,000 | 13,000 | - | |
Current assets29/58 |
150,857 | 136,737 | 471,606 | 492,756 | 932,613 | 609,982 | 329,697 | 1.2m | 1.3m | 1.3m | 1.3m | 155,427 | 123,816 | 214,375 | 55,533 | 66,768 | |
Amounts receivable within one year40/41 |
17,622 | 15,351 | 336,686 | 271,429 | 64,032 | 41,156 | 212,097 | 41,785 | 42,673 | 78,025 | 37,433 | 58,904 | 72,166 | 190,346 | 31,912 | 19,750 | |
Trade receivables40 |
12,197 | 12,197 | 12,197 | 34,885 | 63,345 | 35,452 | 195,551 | 22,687 | 22,688 | 64,051 | 35,291 | 57,792 | 40,760 | 30,365 | - | 12,645 | |
Other amounts receivable41 |
5,424 | 3,153 | 324,488 | 236,544 | 687 | 5,704 | 16,546 | 19,098 | 19,986 | 13,974 | 2,143 | 1,112 | 31,406 | 159,982 | 31,912 | 7,105 | |
Current investments50/53 |
540 | 540 | 82,735 | 540 | 540 | 540 | 540 | 1.1m | 1.2m | 1.2m | 1.2m | - | - | 19,760 | 23,621 | 47,018 | |
Cash at bank and in hand54/58 |
132,695 | 120,846 | 52,185 | 220,787 | 868,041 | 68,286 | 115,766 | 19,074 | 21,616 | 72,617 | 31,543 | 67,183 | 51,651 | 4,269 | - | - | |
Deferred charges and accrued income490/1 |
- | - | - | - | - | 500,000 | 1,293 | 58,716 | - | 1,892 | 8,900 | 29,340 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
Total equity and liabilities10/49 |
151,983 | 138,927 | 474,860 | 497,074 | 938,347 | 617,133 | 337,206 | 1.2m | 1.3m | 1.3m | 1.3m | 155,650 | 124,365 | 240,993 | 69,468 | 68,999 | |
Equity10/15 |
120,282 | 116,125 | 124,548 | 302,483 | 297,737 | 306,987 | 157,657 | 143,041 | 96,871 | 108,198 | 73,123 | 105,973 | 92,426 | 105,213 | 67,358 | 65,211 | |
Contributions10/11 |
65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | |
Capital10 |
65,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Issued capital100 |
65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | |
Reserves13 |
6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 2,260 | 2,260 | 128 | 10 | |
Non-distributable reserves130/1 |
6,500 | 6,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Legal reserve130 |
6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 2,260 | 2,260 | 128 | 10 | |
Profit (loss) carried forward14 |
48,782 | 44,625 | 53,048 | 230,983 | 226,237 | 235,487 | 86,157 | 71,541 | 25,371 | 36,698 | 1,623 | 34,473 | 25,166 | 37,952 | 2,230 | 201 | |
Amounts payable17/49 |
31,701 | 22,801 | 350,312 | 194,590 | 640,610 | 310,145 | 179,548 | 1.1m | 1.2m | 1.2m | 1.2m | 49,677 | 31,939 | 135,781 | 2,110 | 3,788 | |
Amounts payable after more than one year17 |
- | - | - | - | - | - | - | - | - | 696,000 | 696,000 | - | - | - | - | - | |
Financial debts170/4 |
- | - | - | - | - | - | - | - | - | 696,000 | 696,000 | - | - | - | - | - | |
Amounts payable within one year42/48 |
31,146 | 22,246 | 349,558 | 194,186 | 640,257 | 59,416 | 178,319 | 1.1m | 1.2m | 503,570 | 501,305 | 18,477 | 340 | 135,414 | 2,110 | 3,788 | |
Current portion of amounts payable after more than one year42 |
- | - | - | - | - | - | - | 1.1m | 696,000 | - | - | - | - | 9,000 | - | - | |
Trade debts44 |
29,695 | 19,111 | 145,466 | 193,031 | 2,798 | 100 | 94,318 | 23,373 | 75,954 | 53,354 | 168 | 18,433 | - | 79,074 | - | 1,175 | |
Suppliers440/4 |
29,695 | 19,111 | 145,466 | 193,031 | 2,798 | 100 | 94,318 | 23,373 | 75,954 | 53,354 | 168 | 18,433 | - | 79,074 | - | 1,175 | |
Taxes, remuneration and social security45 |
1,420 | 3,105 | 9,074 | - | 637,289 | 59,144 | 83,699 | - | 248 | 192 | 1,103 | 15 | 286 | 7,632 | 2,101 | 2,383 | |
Taxes450/3 |
1,420 | 3,105 | 9,074 | - | 637,289 | 59,144 | 83,699 | - | 248 | 192 | 1,103 | 15 | 286 | 7,632 | 2,101 | 2,383 | |
Other amounts payable47/48 |
31 | 31 | 195,018 | 1,155 | 170 | 172 | 303 | - | 405,181 | 450,025 | 500,034 | 29 | 54 | 39,707 | 9 | 230 | |
Accrued charges and deferred income492/3 |
555 | 555 | 754 | 404 | 353 | 250,729 | 1,229 | 9,052 | 7,177 | 15,593 | 1,416 | 31,200 | 31,599 | 367 | - | - | |
| Income statement | |||||||||||||||||
Gross operating margin9900 |
8,630 | -2,786 | 25,320 | 7,551 | 589,777 | 211,218 | 899,703 | 19,128 | -28,968 | 14,311 | 16,435 | 26,964 | -6,398 | 57,161 | 7,554 | 8,964 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
1,064 | 1,064 | 1,064 | 1,417 | 1,417 | 1,417 | 1,064 | 1,064 | 1,064 | - | 223 | 326 | 738 | 625 | 2,534 | 2,303 | |
Other operating charges640/8 |
1,452 | 67 | 1,903 | 899 | 597,257 | 35,358 | 18,705 | 14,439 | 21,601 | 6,420 | 50,210 | 13,376 | 646 | 437 | 483 | 1,118 | |
Operating profit (loss)9901 |
6,114 | -3,916 | 22,353 | 5,235 | -8,896 | 174,443 | 879,934 | 3,625 | -51,633 | 7,891 | -33,998 | 13,262 | -7,783 | 56,099 | 4,537 | 5,543 | |
Financial income75/76B |
- | 4,085 | 4,460 | 4 | 108 | 23 | 1.6m | 60,482 | 58,542 | 54,716 | 6,182 | 893 | 1,498 | 1,720 | 614 | 887 | |
Recurring financial income75 |
- | 4,085 | 4,460 | 4 | 108 | 23 | 1.6m | 60,482 | 58,542 | 54,716 | 6,182 | 893 | 1,498 | 1,720 | 614 | 887 | |
Financial charges65/66B |
537 | 810 | 1,459 | 481 | 462 | 1,025 | 1.2m | 17,215 | 18,237 | 27,293 | 4,914 | 354 | 6,237 | 535 | 240 | 257 | |
Recurring financial charges65 |
537 | 810 | 1,459 | 481 | 462 | 1,025 | 1.2m | 17,215 | 18,237 | 27,293 | 4,914 | 354 | 6,237 | 535 | 240 | 257 | |
Profit (loss) for the period before taxes9903 |
5,577 | -641 | 25,354 | 4,758 | -9,250 | 173,441 | 1.3m | 46,892 | -11,327 | 35,314 | -32,730 | 13,801 | -12,521 | 57,283 | 4,911 | 6,173 | |
Income taxes67/77 |
1,420 | -464 | 8,289 | 13 | - | 59,924 | 477,691 | 722 | - | 240 | 120 | 254 | 265 | 19,429 | 2,765 | 2,339 | |
Profit (loss) for the period9904 |
4,157 | -177 | 17,065 | 4,746 | -9,250 | 113,516 | 790,376 | 46,170 | -11,327 | 35,074 | -32,850 | 13,547 | -12,787 | 37,855 | 2,146 | 3,834 | |
Profit (loss) for the period to be appropriated9905 |
4,157 | -177 | 17,065 | 4,746 | -9,250 | 113,516 | 790,376 | 46,170 | -11,327 | 35,074 | -32,850 | 13,547 | -12,787 | 37,855 | 2,146 | 3,834 | |
| Appropriation of the result | |||||||||||||||||
Profit (loss) to be appropriated9906 |
48,782 | 52,871 | 248,048 | 230,983 | 226,237 | 235,487 | 861,917 | 71,541 | 25,371 | 36,698 | 1,623 | 38,713 | 25,166 | 40,085 | 2,347 | 211 | |
Profit (loss) brought forward from the previous period14P |
44,625 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | - | - | - | - | - | - | 4,240 | - | 2,132 | 117 | 10 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | - | - | - | 4,240 | - | 2,132 | 117 | 10 | |
Profit to be distributed694/7 |
- | 8,246 | 195,000 | - | - | - | 775,760 | - | - | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
- | 8,246 | 195,000 | - | - | - | 775,760 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 21-06-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 52 days after the deadline. Filed on 21 June 2022, deadline 30 April 2022 (7 months after the close on 30 September 2021, Companies Code art. 3:10). Source: NBB, 2022-20076923.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2021 | full format | 21-06-2022 | 2022-20076923 | |
| 30-09-2020 | full format | 29-04-2021 | 2021-11700171 | |
| 30-09-2019 | full format | 24-03-2020 | 2020-07300084 | |
| 30-09-2018 | full format | 27-02-2019 | 2019-05800025 | |
| 30-09-2017 | full format | 29-01-2018 | 2018-02400428 | |
| 30-09-2016 | full format | 20-02-2017 | 2017-04600161 | |
| 30-09-2015 | full format | 17-03-2016 | 2016-06500064 | |
| 30-09-2014 | full format | 30-03-2015 | 2015-07500559 | |
| 30-09-2013 | full format | 26-03-2014 | 2014-07200295 | |
| 30-09-2012 | full format | 09-04-2013 | 2013-08400474 | |
| 30-09-2011 | full format | 14-03-2012 | 2012-06000405 | |
| 30-09-2010 | full format | 22-03-2011 | 2011-06000481 | |
| 30-09-2009 | full format | 01-03-2010 | 2010-05400588 | |
| 30-09-2008 | full format | 26-02-2009 | 2009-05500331 | |
| 30-09-2007 | full format | 29-02-2008 | 2008-05600169 | |
| 30-09-2006 | full format | 25-04-2007 | 2007-12300207 | |
| 30-09-2005 | full format | 15-02-2006 | 2006-05002067 | |
| 30-09-2004 | full format | 31-12-2004 | 2004-89604507 | |
| 30-09-2003 | full format | 29-12-2003 | 2003-85704006 | |
| 30-09-2002 | full format | 24-02-2003 | 2003-05100110 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 7,178 | -2,853 | 23,417 | 6,652 | -7,479 | 175,860 | 880,998 | 4,689 | -50,569 | - | -33,775 | 13,588 | -7,044 | 56,724 | 7,071 | 7,846 | |
| Cash flow | 5,221 | 887 | 18,128 | 6,163 | -7,833 | 114,933 | 791,440 | 47,234 | -10,263 | - | -32,627 | 13,873 | -12,048 | 38,480 | 4,680 | 6,137 | |
| Investment in fixed assets (approximation) | 0 | 0 | 0 | 0 | 0 | 1,059 | -0 | 62 | 10,639 | - | 0 | 0 | 669 | 13,308 | 14,238 | 329 | |
| Change in cash | 11,849 | 68,661 | -168,602 | -647,254 | 799,755 | -47,480 | 96,692 | -2,542 | -51,001 | 41,074 | -35,640 | 15,532 | 47,382 | - | - | - | |
| Working capital | 119,711 | 114,491 | 122,049 | 298,570 | 292,356 | 550,566 | 151,378 | 143,520 | 94,473 | 819,791 | 770,539 | 136,950 | 123,476 | 78,961 | 53,423 | 62,980 | |
| Solvency | 79.1% | 83.6% | 26.2% | 60.9% | 31.7% | 49.7% | 46.8% | 11.6% | 7.6% | 8.2% | 5.7% | 68.1% | 74.3% | 43.7% | 97.0% | 94.5% | |
| Current ratio | 4.84 | 6.15 | 1.35 | 2.54 | 1.46 | 10.27 | 1.85 | 1.13 | 1.08 | 2.63 | 2.54 | 8.41 | - | 1.58 | 26.32 | 17.63 | |
| Debt to equity | 0.26 | 0.20 | 2.81 | 0.64 | 2.15 | 1.01 | 1.14 | 7.61 | 12.23 | 11.23 | 16.39 | 0.47 | 0.35 | 1.29 | 0.03 | 0.06 | |
| ROE | 3.5% | -0.2% | 13.7% | 1.6% | -3.1% | 37.0% | 501.3% | 32.3% | -11.7% | 32.4% | -44.9% | 12.8% | -13.8% | 36.0% | 3.2% | 5.9% | |
| ROA | 2.7% | -0.1% | 3.6% | 1.0% | -1.0% | 18.4% | 234.4% | 3.7% | -0.9% | 2.7% | -2.6% | 8.7% | -10.3% | 15.7% | 3.1% | 5.6% | |
| Interest coverage | 13.36 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on COMMOR
The operating result for 2021 is a profit of €6,114, after a loss of €3,916 in 2020.
Debt's share of the balance-sheet total rises from 16.4% to 20.9%. Equity and debt are higher.