Equity
Equity fell by 40% in 8 years.
Equity fell by 40% in 8 years.
Five of the last ten came late. The 2016 accounts came latest: 248 days after the end of the period.
Equity fell from €152,216 in 2012 to €90,774 in 2020, while debts rose from €12,476 to €201,791.
On 22 December 2023 the court declared E & E bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €100,000 and €300,000.
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
292,565 | 138,427 | 57,940 | 50,546 | 50,318 | 85,058 | 164,692 | 155,100 | 116,754 | 166,313 | 125,173 | |
20 |
- | - | - | - | - | - | - | - | - | 13 | 163 | |
21/28 |
710 | 2,994 | 2,360 | 3,540 | 4,720 | 8,490 | 14,792 | 16,687 | 18,553 | 22,784 | 26,156 | |
22/27 |
710 | 2,994 | 2,360 | 3,540 | 4,720 | 8,490 | 14,792 | 16,687 | 18,553 | 22,771 | 25,993 | |
22 |
- | - | - | - | - | 1,549 | 2,349 | 2,426 | 2,504 | - | - | |
24 |
710 | 2,994 | 2,360 | 3,540 | 4,720 | 6,941 | 12,444 | 14,261 | 16,049 | 22,771 | 25,993 | |
29/58 |
291,854 | 135,433 | 55,580 | 47,006 | 45,598 | 76,568 | 149,900 | 138,413 | 98,201 | 143,529 | 99,017 | |
3 |
144,903 | 48,353 | 5,211 | 5,211 | 3,200 | - | - | - | - | - | - | |
30/36 |
144,903 | 48,353 | 5,211 | 5,211 | 3,200 | - | - | - | - | - | - | |
40/41 |
146,146 | 83,671 | 41,581 | 32,193 | 38,406 | 18,837 | 20,058 | 26,299 | 27,498 | 43,563 | 33,130 | |
40 |
142,891 | 41,543 | 3,161 | - | - | - | - | 4,840 | 353 | 15,706 | 16,904 | |
41 |
3,255 | 42,129 | 38,420 | 32,193 | 38,406 | 18,837 | 20,058 | 21,459 | 27,145 | 27,857 | 16,226 | |
54/58 |
806 | 3,409 | 8,789 | 6,504 | - | 55,682 | 127,132 | 109,599 | 68,491 | 98,061 | 64,403 | |
490/1 |
- | - | - | 3,099 | 3,993 | 2,050 | 2,710 | 2,515 | 2,212 | 1,905 | 1,484 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
292,565 | 138,427 | 57,940 | 50,546 | 50,318 | 85,058 | 164,692 | 155,100 | 116,754 | 166,313 | 125,173 | |
10/15 |
90,774 | 67,930 | 56,387 | 50,134 | 49,884 | 84,753 | 152,216 | 152,144 | 97,504 | 96,643 | 96,313 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
130/1 |
1,855 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
1311 |
1,855 | - | - | - | - | - | - | - | - | - | - | |
14 |
82,719 | 59,875 | 48,332 | 42,079 | 41,829 | 76,698 | 144,161 | 144,089 | 89,449 | 88,588 | 88,258 | |
17/49 |
201,791 | 70,497 | 1,553 | 412 | 434 | 305 | 12,476 | 2,956 | 19,250 | 69,670 | 28,860 | |
17 |
- | - | - | - | - | - | - | - | - | - | 6,637 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 6,637 | |
42/48 |
201,791 | 70,453 | 1,553 | 412 | 434 | 305 | 12,476 | 2,956 | 19,250 | 69,670 | 22,223 | |
42 |
- | - | - | - | - | - | - | - | - | 6,637 | 8,439 | |
44 |
149,056 | 56,758 | - | - | - | 105 | 476 | 1,716 | 426 | 1,857 | 4,197 | |
440/4 |
149,056 | 56,758 | - | - | - | 105 | 476 | 1,716 | 426 | 1,857 | 4,197 | |
45 |
52,735 | 6,289 | 1,553 | 412 | 434 | 200 | 3,000 | 1,240 | 2,824 | 9,176 | 9,587 | |
450/3 |
24,130 | 6,289 | 1,553 | 412 | 434 | 200 | 3,000 | 1,240 | 2,824 | 9,176 | 5,361 | |
454/9 |
28,605 | - | - | - | - | - | - | - | - | - | 4,226 | |
47/48 |
- | 7,406 | - | - | - | - | 9,000 | - | 16,000 | 52,000 | - | |
492/3 |
- | 44 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | 1,975 | - | - | - | - | - | |
9900 |
41,289 | 14,318 | 4,306 | -1,587 | -19,500 | -60,583 | 39,024 | 84,501 | 80,161 | 107,118 | 83,454 | |
62 |
9,266 | - | - | - | - | - | - | - | - | - | - | |
630 |
2,283 | 317 | 1,180 | 1,180 | 1,180 | 2,418 | 1,895 | 7,972 | 7,303 | 7,199 | 6,862 | |
640/8 |
1,157 | 270 | - | - | - | 1,497 | 1,059 | 1,163 | 1,182 | 972 | 1,453 | |
66A |
- | - | - | - | - | 5,860 | - | - | - | - | - | |
9901 |
28,583 | 13,731 | 3,126 | -2,767 | -20,680 | -64,499 | 36,070 | 75,366 | 71,676 | 98,947 | 75,139 | |
75/76B |
618 | 3,279 | 3,128 | 3,099 | 3,993 | 1,348 | 1,715 | 2,647 | 1,797 | 772 | 2,133 | |
75 |
618 | 3,279 | 3,128 | 3,099 | 3,993 | 1,348 | 1,715 | 2,647 | 1,797 | 772 | 2,133 | |
65/66B |
434 | 68 | - | - | - | 228 | 189 | 206 | 295 | 725 | 1,186 | |
65 |
434 | 68 | - | - | - | 228 | 189 | 206 | 295 | 725 | 1,186 | |
9903 |
28,767 | 16,942 | 6,254 | 332 | -16,687 | -67,263 | 37,596 | 77,807 | 73,178 | 98,994 | 76,086 | |
67/77 |
5,922 | 5,400 | - | 83 | - | 200 | 10,334 | 23,167 | 24,082 | 37,488 | 23,700 | |
9904 |
22,844 | 11,542 | 6,254 | 249 | -16,687 | -67,463 | 27,262 | 54,640 | 49,096 | 61,506 | 52,386 | |
9905 |
22,844 | 11,542 | 6,254 | 249 | -16,687 | -67,463 | 27,262 | 54,640 | 49,096 | 61,506 | 52,386 | |
| Appropriation of the result | ||||||||||||
9906 |
82,719 | 59,875 | 48,332 | 42,079 | 44,369 | 76,698 | 171,351 | 144,089 | 137,684 | 149,764 | 88,258 | |
694/7 |
- | - | - | - | 2,539 | - | 27,190 | - | 48,235 | 61,176 | - | |
694 |
- | - | - | - | - | - | 27,190 | - | 48,235 | 61,176 | - | |
| Document | ||||||||||||
The accounts for 2 older financial years (2006-2007) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2020 (PDF), filed on 04-10-2021.
2020 annual accounts filed 65 days after the deadline. Filed on 4 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-71500345.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 04-10-2021 | 2021-71500345 | |
| 31-12-2019 | micro format | 10-11-2020 | 2020-69700208 | |
| 31-12-2018 | micro format | 01-08-2019 | 2019-43800183 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-55700317 | |
| 31-12-2016 | micro format | 05-04-2018 | 2018-09400351 | |
| 31-12-2013 | abbreviated format | 31-07-2014 | 2014-38600464 | |
| 31-12-2012 | abbreviated format | 19-06-2013 | 2013-19500289 | |
| 31-12-2011 | abbreviated format | 06-07-2012 | 2012-27000576 | |
| 31-12-2010 | abbreviated format | 14-06-2011 | 2011-16300103 | |
| 31-12-2009 | abbreviated format | 31-05-2010 | 2010-13900209 | |
| 31-12-2008 | abbreviated format | 24-06-2009 | 2009-29400287 | |
| 31-12-2007 | abbreviated format | 27-06-2008 | 2008-29500066 | |
| 31-12-2006 | abbreviated format | 19-06-2007 | 2007-23000344 |
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30,867 | 14,048 | 4,306 | -1,587 | -19,500 | -62,081 | 37,965 | 83,338 | 78,979 | 106,146 | 82,001 | ||
| 25,128 | 11,859 | 7,434 | 1,429 | -15,507 | -65,045 | 29,157 | 62,612 | 56,399 | 68,705 | 59,248 | ||
| 0 | 951 | 0 | 0 | 5,900 | -3,885 | -0 | 6,106 | 3,072 | 3,827 | 1,726 | ||
| -2,603 | -5,380 | 2,285 | - | - | -71,450 | 17,533 | 41,108 | -29,570 | 33,658 | - | ||
| 90,063 | 64,980 | 54,027 | 46,594 | 45,164 | 76,263 | 137,424 | 135,457 | 78,951 | 73,859 | 76,794 | ||
| 31.0% | 49.1% | 97.3% | 99.2% | 99.1% | 99.6% | 92.4% | 98.1% | 83.5% | 58.1% | 76.9% | ||
| 1.45 | 1.92 | 35.79 | - | - | - | 12.01 | 46.82 | 5.10 | 2.06 | 4.46 | ||
| 0.73 | 1.24 | 32.44 | - | 97.72 | - | 12.01 | 46.82 | 5.10 | 2.06 | 4.46 | ||
| 2.22 | 1.04 | 0.03 | 0.01 | 0.01 | 0.00 | 0.08 | 0.02 | 0.20 | 0.72 | 0.30 | ||
| 25.2% | 17.0% | 11.1% | 0.5% | -33.5% | -79.6% | 17.9% | 35.9% | 50.4% | 63.6% | 54.4% | ||
| 7.8% | 8.3% | 10.8% | 0.5% | -33.2% | -79.3% | 16.6% | 35.2% | 42.1% | 37.0% | 41.9% |
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.
The operating result for 2020 is 108% higher than in 2019 and the highest since 2012. It is the fourth rise in a row.
Debt's share of the balance-sheet total rises from 50.9% to 69.0%. Equity and debt are higher.
E & E has no parent and no holdings in its annual accounts. Haci Koparan is the only director.
The network starts from the directors of E & E. Every other company they run is a node.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
E & E is no longer in the KBO register.
If something looks wrong or is missing, please tell us.