ECEF
Annual accounts 2018
abbreviated format, filed on 10-07-2019, 21 days before the deadline€147,024
▲ 4.1%
€41,208
▲ 45.3%
€31,081
▲ 208%
-€18,200
▲ €4,454
13.8%
▲ 5.7 percentage points
0.94
▼ 0.01
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €230,000 and €700,000.
Balance sheet
balance sheet total €384,772 on 31-12-2018What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
384,772 | 519,012 | 364,330 | |
21/28 |
122,649 | 157,181 | 33,363 | |
22/27 |
122,649 | 157,181 | 33,363 | |
24 |
23,485 | 24,963 | 33,363 | |
29/58 |
262,123 | 361,831 | 330,967 | |
40/41 |
251,751 | 344,360 | 271,108 | |
40 |
207,050 | 327,510 | 237,391 | |
41 |
44,702 | 16,850 | 33,717 | |
54/58 |
10,371 | 16,788 | 59,859 | |
490/1 |
- | 683 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
384,772 | 519,012 | 364,330 | |
10/15 |
53,255 | 42,174 | 32,089 | |
10/11 |
12,400 | 12,400 | 12,400 | |
100 |
18,600 | 18,600 | 18,600 | |
101 |
6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | |
130 |
1,860 | 1,860 | 1,860 | |
14 |
38,995 | 27,914 | 17,829 | |
17/49 |
331,516 | 476,838 | 332,241 | |
17 |
51,193 | 92,353 | 16,038 | |
170/4 |
51,193 | 92,353 | 16,038 | |
42/48 |
280,323 | 384,485 | 316,203 | |
42 |
41,160 | 45,019 | 15,014 | |
44 |
183,605 | 304,897 | 257,059 | |
440/4 |
183,605 | 304,897 | 257,059 | |
45 |
35,558 | 34,569 | 44,130 | |
450/3 |
21,735 | 21,614 | 32,747 | |
454/9 |
13,823 | 12,955 | 11,383 | |
47/48 |
20,000 | - | - | |
| Income statement | ||||
9900 |
147,024 | 141,223 | 129,806 | |
62 |
29,949 | 59,498 | 73,914 | |
630 |
48,890 | 42,214 | 9,640 | |
640/8 |
26,978 | 11,152 | 15,965 | |
9901 |
41,208 | 28,359 | 30,287 | |
75/76B |
2,075 | 550 | 279 | |
75 |
2,075 | 550 | 279 | |
65/66B |
5,362 | 5,305 | 1,131 | |
65 |
5,362 | 5,305 | 1,131 | |
9903 |
37,921 | 23,604 | 29,435 | |
67/77 |
6,839 | 13,519 | 9,746 | |
9904 |
31,081 | 10,085 | 19,689 | |
9905 |
31,081 | 10,085 | 19,689 | |
| Appropriation of the result | ||||
9906 |
58,995 | 27,914 | 19,689 | |
691/2 |
- | - | 1,860 | |
6920 |
- | - | 1,860 | |
694/7 |
20,000 | - | - | |
695 |
20,000 | - | - | |
| Document | ||||
Source: Annual accounts 2018 (PDF), filed on 10-07-2019.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| 90,098 | 70,573 | 39,927 | ||
| 79,971 | 52,299 | 29,329 | ||
| 14,357 | 166,032 | 42,270 | ||
| -6,417 | -43,071 | - | ||
| -18,200 | -22,654 | 14,764 | ||
| 13.8% | 8.1% | 8.8% | ||
| 0.94 | 0.94 | 1.05 | ||
| 6.23 | 11.31 | 10.35 | ||
| 58.4% | 23.9% | 61.4% | ||
| 8.1% | 1.9% | 5.4% |
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 ECEF
The operating result for 2018 is 45% higher than in 2017 and the highest since 2016. It is a recovery after the fall in 2017.
Debt's share of the balance-sheet total falls from 91.9% to 86.2%. Equity is higher and debt is lower.