EFES
ActiveSummary
The computed 12-month bankruptcy probability of EFES is 11.8% (high). The latest annual accounts of EFES were filed more than 90 days after the deadline. The 2020 annual accounts show negative equity (-€42,552) and a net result of -€457. Equity remains stable across the filed financial years (±1.7% per year). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2020, micro format
2021 annual accounts not yet filed, deadline passed on 31 July 2022 Financial year closed on 31 December 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 30 October 2026.
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result stays negative: a loss of €366 in 2020 against €883 in 2019; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €51,324 | €55,348 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €51,277 | €55,738 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €107 | €107 | €107 | = |
| Other operating charges640/8 | €556 | €556 | €348 | ▼ 37.4% |
| Gross operating margin9900 | €167 | -€220 | €89 | - |
| Operating profit (loss)9901 | -€496 | -€883 | -€366 | ▲ 58.6% |
| Financial charges65/66B | €56 | €76 | €91 | ▲ 19.7% |
| Recurring financial charges65 | €56 | €76 | €91 | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | -€552 | -€959 | -€457 | ▲ 52.3% |
| Profit (loss) for the period9904 | -€552 | -€959 | -€457 | ▲ 52.3% |
| Profit (loss) for the period to be appropriated9905 | -€552 | -€959 | -€457 | ▲ 52.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8,199 | €11,016 | €14,743 | ▲ 33.8% |
| Fixed assets21/28 | €427 | €319 | €212 | ▼ 33.5% |
| Tangible fixed assets22/27 | €323 | €215 | €107 | ▼ 50.2% |
| Furniture and vehicles24 | €323 | €215 | €107 | ▼ 50.2% |
| Financial fixed assets28 | €104 | €104 | €104 | = |
| Current assets29/58 | €7,772 | €10,697 | €14,531 | ▲ 35.8% |
| Stocks and contracts in progress3 | €4,222 | €6,235 | €2,684 | ▼ 57.0% |
| Stocks30/36 | €4,222 | €6,235 | €2,684 | ▼ 57.0% |
| Amounts receivable within one year40/41 | - | - | €4,845 | - |
| Other amounts receivable41 | - | - | €4,845 | - |
| Current investments50/53 | - | €4,462 | - | - |
| Cash at bank and in hand54/58 | €3,550 | - | €7,002 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8,199 | €11,016 | €14,743 | ▲ 33.8% |
| Equity10/15 | -€41,136 | -€42,095 | -€42,552 | ▼ 1.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,735 | €1,735 | €1,735 | = |
| Non-distributable reserves130/1 | - | - | €1,735 | - |
| Legal reserve130 | €1,735 | €1,735 | €1,735 | = |
| Profit (loss) carried forward14 | -€61,463 | -€62,422 | -€62,880 | ▼ 0.7% |
| Amounts payable17/49 | €49,335 | €53,111 | €57,295 | ▲ 7.9% |
| Amounts payable within one year42/48 | €49,335 | €53,111 | €57,295 | ▲ 7.9% |
| Trade debts44 | €3,095 | €3,741 | €11,188 | ▲ 199% |
| Suppliers440/4 | €3,095 | €3,741 | €11,188 | ▲ 199% |
| Taxes, remuneration and social security45 | €381 | €179 | €46,107 | ▲ 258× |
| Taxes450/3 | €381 | €179 | €596 | ▲ 233% |
| Remuneration and social security454/9 | - | - | €45,511 | - |
| Other amounts payable47/48 | €45,859 | €49,191 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€552 | -€959 | -€457 | ▲ 52.3% |
| + Depreciation and write-downs630 | €107 | €107 | €107 | = |
| Operating cash flow (approximation) | -€445 | -€852 | -€350 | ▲ 58.9% |
| Investment in fixed assets (approximation) | - | €1 | €0 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2020 | micro format | 23-11-2021 | 2021-78200465 |
| 31-12-2019 | micro format | 29-11-2020 | 2020-74400317 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-63100185 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-61000476 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-57300573 |
| 31-12-2015 | full format | 30-08-2016 | 2016-58300299 |
| 31-12-2014 | full format | 27-08-2015 | 2015-53100319 |
| 31-12-2013 | full format | 24-08-2014 | 2014-48900383 |
| 31-12-2012 | full format | 31-08-2013 | 2013-57600207 |
| 31-12-2011 | full format | 29-08-2012 | 2012-55100246 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.