EMD INVEST
InactiveFinancials · financial year 2020, micro format
2020 annual accounts filed 26 days after the deadline Filed on 26 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-54000127.
Annual accounts 2020 filed on 26-08-2021 PDF all 20 filings
Equity
€77,029▲ 0.5%
2019 · €76,620
Total assets
€281,387▼ 4.2%
2019 · €293,576
Net result
€410
2019 · -€599
Working capital
€76,833▲ 0.5%
2019 · €76,424
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
-€526
▲ 6.5%
2020
20182020
Net result
€410
2020
20182020
Equity
€77,029
▲ 0.5%
2020
20182020
Total assets
€281,387
▼ 4.2%
2020
20182020
Debt
€204,358
▼ 5.8%
2020
20182020
Working capital
€76,833
▲ 0.5%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€84,852--€562-€526▲ 6.5%
Net result€78,914--€599€410
Equity€77,219-€76,620▼ 0.8%€77,029▲ 0.5%
Total assets€593,105-€293,576▼ 50.5%€281,387▼ 4.2%
Debt€515,886-€216,956▼ 57.9%€204,358▼ 5.8%
Working capital€77,023-€76,424▼ 0.8%€76,833▲ 0.5%
The operating result for 2020 is a loss of €526, smaller than the loss of €562 in 2019.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €281,387
Fixed assets
€196 =
Current assets
€281,191 ▼ 4.2%
Equity and liabilities €281,387
Equity
€77,029 ▲ 0.5%
Debt
€204,358 ▼ 5.8%
Debt's share of the balance-sheet total falls from 73.9% to 72.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.38▲
2019 · 1.35
ROE
0.5%▲
2019 · -0.8%
ROA
0.1%▲
2019 · -0.2%
Debt ≤ 1 year
€204,358▼
2019 · €216,956
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 |
|---|---|---|---|---|
| Gross operating margin9900 | €85,595 | -€342 | -€526 | ▼ 53.6% |
| Operating profit (loss)9901 | €84,852 | -€562 | -€526 | ▲ 6.5% |
| Recurring financial income75 | - | - | €1,038 | - |
| Recurring financial charges65 | €101 | €37 | €103 | ▲ 178% |
| Profit (loss) for the period before taxes9903 | €84,751 | -€599 | €410 | - |
| Income taxes67/77 | €5,837 | - | - | - |
| Profit (loss) for the period9904 | €78,914 | -€599 | €410 | - |
| Profit (loss) for the period to be appropriated9905 | €78,914 | -€599 | €410 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €593,105 | €293,576 | €281,387 | ▼ 4.2% |
| Fixed assets21/28 | €196 | €196 | €196 | = |
| Financial fixed assets28 | €196 | €196 | €196 | = |
| Current assets29/58 | €592,909 | €293,380 | €281,191 | ▼ 4.2% |
| Stocks and contracts in progress3 | €450,524 | - | - | - |
| Amounts receivable within one year40/41 | €142,131 | €274,944 | €275,181 | ▲ 0.1% |
| Cash at bank and in hand54/58 | - | €18,182 | €5,756 | ▼ 68.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €593,105 | €293,576 | €281,387 | ▼ 4.2% |
| Equity10/15 | €77,219 | €76,620 | €77,029 | ▲ 0.5% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €58,619 | €58,619 | €58,619 | = |
| Profit (loss) carried forward14 | - | -€599 | -€190 | ▲ 68.4% |
| Amounts payable17/49 | €515,886 | €216,956 | €204,358 | ▼ 5.8% |
| Amounts payable within one year42/48 | €515,886 | €216,956 | €204,358 | ▼ 5.8% |
| Trade debts44 | €19,358 | €13,973 | €8,447 | ▼ 39.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,914 | -€599 | €410 | - |
| Operating cash flow (approximation) | €78,914 | -€599 | €410 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | - | -€12,426 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 26-08-2021 | 2021-54000127 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22000558 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32100360 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-27900107 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-56700462 | |
| 31-12-2015 | abbreviated format | 23-08-2016 | 2016-45700528 | |
| 31-12-2014 | abbreviated format | 07-08-2015 | 2015-40800557 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-56400053 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-55300286 | |
| 31-12-2011 | full format | 30-08-2012 | 2012-52200143 |