DOCTAR
Liquidation closed on 03-03-2022Financials · financial year 2020, abbreviated format
2020 annual accounts filed 6 days after the deadline Filed on 6 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-46800216.
Annual accounts 2020 filed on 06-08-2021 PDF all 8 filings
Turnover
≈ €1.7m
Estimated: probably between €1.0m and €2.9m
Total assets
€774,919▲ 209%
2019 · €250,433
Net result
€631,848
2019 · -€41,988
Working capital
€120,657
2019 · -€565,375
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€653,041
2020
20182020
Net result
€631,848
2020
20182020
Equity
€120,757
2020
20182020
Total assets
€774,919
▲ 209%
2020
20182020
Debt
€654,162
▼ 13.7%
2020
20182020
Working capital
€120,657
2020
20182020
Staff (FTE)
no figure
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result-€75,462--€76,552▼ 1.4%€653,041
Net result-€177,864--€41,988▲ 76.4%€631,848
Equity-€462,852--€507,840▼ 9.7%€120,757
Total assets€497,426-€250,433▼ 49.7%€774,919▲ 209%
Debt€960,278-€758,273▼ 21.0%€654,162▼ 13.7%
Working capital-€578,064--€565,375▲ 2.2%€120,657
Staff (FTE)0.8-0.8=
The operating result for 2020 is a profit of €653,041, after a loss of €76,552 in 2019. It is the highest result since 2018.
Turnover and EBIT margin are not published. The abbreviated 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 €774,919
Fixed assets
€100 ▼ 99.9%
Current assets
€774,819 ▲ 388%
Equity and liabilities €774,919
Equity
€120,757
Debt
€654,162
Debt's share of the balance-sheet total is 84.4%.
Key figures and ratios
EBITDA
€712,210▲
2019 · -€18,932
Cash flow
€691,017▲
2019 · €15,632
Current ratio
1.18▲
2019 · 0.22
ROE
523.2%
ROA
81.5%▲
2019 · -16.8%
Debt ≤ 1 year
€654,162▼
2019 · €724,080
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 | €29,820 | €57,620 | €59,169 | ▲ 2.7% |
| Gross operating margin9900 | -€8,182 | €22,695 | €717,400 | ▲ 32× |
| Operating profit (loss)9901 | -€75,462 | -€76,552 | €653,041 | - |
| Recurring financial income75 | - | - | €106 | - |
| Recurring financial charges65 | €2,691 | €436 | €426 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | -€177,864 | -€41,988 | €631,848 | - |
| Profit (loss) for the period9904 | -€177,864 | -€41,988 | €631,848 | - |
| Profit (loss) for the period to be appropriated9905 | -€177,864 | -€41,988 | €631,848 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.5m | €0.3m | €0.8m | ▲ 209% |
| Fixed assets21/28 | €0.1m | €0.09m | €100 | ▼ 99.9% |
| Intangible fixed assets21 | €0.1m | €0.09m | - | - |
| Tangible fixed assets22/27 | €278 | - | - | - |
| Financial fixed assets28 | €100 | €100 | €100 | = |
| Current assets29/58 | €0.4m | €0.2m | €0.8m | ▲ 388% |
| Amounts receivable within one year40/41 | €0.001m | €0.002m | €0.09m | ▲ 54× |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.7m | ▲ 338% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.5m | €0.3m | €0.8m | ▲ 209% |
| Equity10/15 | -€0.5m | -€0.5m | €0.1m | - |
| Contributions10/11 | €0.5m | €0.5m | - | - |
| Profit (loss) carried forward14 | -€1.0m | -€1.0m | -€0.4m | ▲ 61.5% |
| Amounts payable17/49 | €1.0m | €0.8m | €0.7m | ▼ 13.7% |
| Amounts payable within one year42/48 | €1.0m | €0.7m | €0.7m | ▼ 9.7% |
| Trade debts44 | €0.01m | €0.02m | €0.02m | ▲ 28.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€177,864 | -€41,988 | €631,848 | - |
| + Depreciation and write-downs630 | €29,820 | €57,620 | €59,169 | ▲ 2.7% |
| Operating cash flow (approximation) | -€148,044 | €15,632 | €691,017 | ▲ 44× |
| Investment in fixed assets (approximation) | - | -€30,485 | €32,458 | - |
| Change in cash | - | -€220,214 | €530,456 | - |
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 | abbreviated format | 06-08-2021 | 2021-46800216 | |
| 31-12-2019 | abbreviated format | 03-09-2020 | 2020-50500213 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-59200124 | |
| 31-12-2017 | abbreviated format | 02-07-2018 | 2018-28700082 | |
| 31-12-2016 | abbreviated format | 21-06-2017 | 2017-20800136 | |
| 31-12-2015 | abbreviated format | 16-08-2016 | 2016-44800467 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-56900093 | |
| 31-12-2013 | abbreviated format | 24-06-2014 | 2014-20600029 |