ELECTEAM
Annual accounts 2019
micro format, filed on 04-11-2020, 96 days lateBalance sheet
balance sheet total €44,998 on 31-12-2019in euro
in euro
Staff
€42,130
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
44,998 | 120,354 | 122,446 | |
21/28 |
260 | 2,628 | 6,496 | |
22/27 |
0 | 2,578 | 6,446 | |
24 |
0 | 2,578 | 6,446 | |
28 |
260 | 50 | 50 | |
29/58 |
44,738 | 117,726 | 115,950 | |
40/41 |
12,663 | 92,429 | 89,443 | |
40 |
10,381 | 81,696 | 83,910 | |
41 |
2,282 | 10,733 | 5,533 | |
54/58 |
15,546 | 11,016 | 6,952 | |
490/1 |
16,530 | 14,281 | 19,555 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
44,998 | 120,354 | 122,446 | |
10/15 |
-21,940 | 11,156 | 66,655 | |
10/11 |
40,000 | 40,000 | 40,000 | |
100 |
40,000 | 40,000 | 40,000 | |
13 |
4,000 | 4,000 | 4,000 | |
130 |
4,000 | 4,000 | 4,000 | |
14 |
-65,940 | -32,844 | 22,655 | |
17/49 |
66,938 | 109,198 | 55,792 | |
42/48 |
66,914 | 105,688 | 52,925 | |
44 |
14,064 | 51,323 | 15,636 | |
440/4 |
14,064 | 51,323 | 15,636 | |
46 |
1,993 | 3,110 | - | |
45 |
50,566 | 50,989 | 37,063 | |
450/3 |
3,229 | 4,832 | 1,721 | |
454/9 |
47,337 | 46,158 | 35,342 | |
47/48 |
291 | 267 | 226 | |
492/3 |
24 | 3,510 | 2,866 | |
| Income statement | ||||
70 |
0 | 0 | - | |
9900 |
266,080 | 235,174 | 233,267 | |
60/61 |
0 | 0 | - | |
62 |
294,912 | 284,754 | 200,062 | |
630 |
2,578 | 3,868 | 5,157 | |
640/8 |
220 | 440 | 22 | |
66A |
210 | - | - | |
9901 |
-31,840 | -53,888 | 28,027 | |
75/76B |
0 | 1 | 1 | |
75 |
0 | 1 | 1 | |
65/66B |
697 | 1,057 | 720 | |
65 |
697 | 1,057 | 720 | |
9903 |
-32,537 | -54,943 | 27,308 | |
67/77 |
559 | 555 | 653 | |
9904 |
-33,096 | -55,498 | 26,655 | |
9905 |
-33,096 | -55,498 | 26,655 | |
| Appropriation of the result | ||||
9906 |
-65,940 | -32,844 | 26,655 | |
691/2 |
- | - | 4,000 | |
6920 |
- | - | 4,000 | |
| Social balance sheet | ||||
9087 |
7 | 7.2 | 5.3 | |
Hours worked1013 |
12,009 | 12,909 | 9,413 | |
| Document | ||||
Source: Annual accounts 2019 (PDF), filed on 04-11-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank2019 annual accounts filed 96 days after the deadline. Filed on 4 November 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-68500392.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| -29,262 | -50,020 | 33,183 | ||
| -30,517 | -51,631 | 31,811 | ||
| 0 | 0 | 11,653 | ||
| 4,529 | 4,064 | - | ||
| -22,176 | 12,037 | 63,025 | ||
| -48.8% | 9.3% | 54.4% | ||
| 0.67 | 1.11 | 2.19 | ||
| - | 9.79 | 0.84 | ||
| - | -497.5% | 40.0% | ||
| -73.5% | -46.1% | 21.8% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 ELECTEAM
The operating result for 2019 is a loss of €31,840, smaller than the loss of €53,888 in 2018.
Equity is negative. Debt (€66,938) exceeds the balance-sheet total (€44,998).