CONCRET CONSTRUCT
Open bankruptcyFinancials · financial year 2019, micro format
2019 annual accounts filed 61 days after the deadline Filed on 30 September 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-58500417.
Annual accounts 2019 filed on 30-09-2020 PDF all 6 filings
Turnover
≈ €120,000
Estimated: probably between €72,000 and €210,000
Total assets
€79,660▲ 8.9%
2018 · €73,131
Net result
€17,709▲ 30.2%
2018 · €13,599
Working capital
€54,866▲ 31.6%
2018 · €41,677
Multi-year overview
2018 to 2019, 2 financial yearsOperating result
€23,482
▲ 38.0%
2019
20182019
Net result
€17,709
▲ 30.2%
2019
20182019
Equity
€59,934
▲ 41.9%
2019
20182019
Total assets
€79,660
▲ 8.9%
2019
20182019
Debt
€19,726
▼ 36.2%
2019
20182019
Working capital
€54,866
▲ 31.6%
2019
20182019
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019
Operating result€17,017-€23,482▲ 38.0%
Net result€13,599-€17,709▲ 30.2%
Equity€42,225-€59,934▲ 41.9%
Total assets€73,131-€79,660▲ 8.9%
Debt€30,905-€19,726▼ 36.2%
Working capital€41,677-€54,866▲ 31.6%
The operating result for 2019 is 38% higher than in 2018.
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
2019 in colour, 2018 as the grey bar beneath
Assets €79,660
Fixed assets
€5,068 ▼ 25.1%
Current assets
€74,592 ▲ 12.4%
Equity and liabilities €79,660
Equity
€59,934 ▲ 41.9%
Debt
€19,726 ▼ 36.2%
Debt's share of the balance-sheet total falls from 42.3% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27,858▲
2018 · €20,979
Cash flow
€22,085▲
2018 · €17,560
Current ratio
3.78▲
2018 · 2.69
ROE
29.5%▼
2018 · 32.2%
ROA
22.2%▲
2018 · 18.6%
Debt ≤ 1 year
€19,726▼
2018 · €24,682
Income taxes
€5,085▲
2018 · €3,588
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,962 | €4,376 | ▲ 10.5% |
| Gross operating margin9900 | €22,131 | €29,632 | ▲ 33.9% |
| Operating profit (loss)9901 | €17,017 | €23,482 | ▲ 38.0% |
| Recurring financial income75 | €1,059 | €2,869 | ▲ 171% |
| Recurring financial charges65 | €890 | €3,557 | ▲ 300% |
| Profit (loss) for the period before taxes9903 | €17,186 | €22,794 | ▲ 32.6% |
| Income taxes67/77 | €3,588 | €5,085 | ▲ 41.7% |
| Profit (loss) for the period9904 | €13,599 | €17,709 | ▲ 30.2% |
| Profit (loss) for the period to be appropriated9905 | €13,599 | €17,709 | ▲ 30.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €73,131 | €79,660 | ▲ 8.9% |
| Fixed assets21/28 | €6,771 | €5,068 | ▼ 25.1% |
| Tangible fixed assets22/27 | €6,771 | €5,068 | ▼ 25.1% |
| Current assets29/58 | €66,359 | €74,592 | ▲ 12.4% |
| Amounts receivable within one year40/41 | €63,474 | €65,307 | ▲ 2.9% |
| Cash at bank and in hand54/58 | €2,885 | €9,285 | ▲ 222% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €73,131 | €79,660 | ▲ 8.9% |
| Equity10/15 | €42,225 | €59,934 | ▲ 41.9% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €34,165 | €51,874 | ▲ 51.8% |
| Amounts payable17/49 | €30,905 | €19,726 | ▼ 36.2% |
| Amounts payable after more than one year17 | €6,223 | - | - |
| Amounts payable within one year42/48 | €24,682 | €19,726 | ▼ 20.1% |
| Trade debts44 | €15,407 | €12,909 | ▼ 16.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €13,599 | €17,709 | ▲ 30.2% |
| + Depreciation and write-downs630 | €3,962 | €4,376 | ▲ 10.5% |
| Operating cash flow (approximation) | €17,560 | €22,085 | ▲ 25.8% |
| Investment in fixed assets (approximation) | - | -€2,673 | - |
| Change in cash | - | €6,400 | - |
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 |
|---|---|---|---|---|
| 31-12-2019 | micro format | 30-09-2020 | 2020-58500417 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67600242 | |
| 31-12-2017 | micro format | 23-10-2018 | 2018-70000244 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-65500261 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-64300120 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57400046 |