EMF GROUP
Open bankruptcyFinancials · financial year 2020, micro format
2020 annual accounts filed late (89 days) Filed on 28 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-75100048.
Equity
-€16,550
Total assets
€31,388
Net result
-€16,550
Working capital
-€44,205
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €31,388
Fixed assets
€27,655
Current assets
€3,733
Equity and liabilities
Equity-€16,550
Debt€47,938
Equity is negative: debt (€47,938) exceeds the balance-sheet total (€31,388).
Key figures and ratios
EBITDA
-€12,054
Cash flow
-€14,246
Solvency
-52.7%
Current ratio
0.08
ROA
-52.7%
Debt
€47,938
Debt ≤ 1 year
€47,938
Annual accounts
| Line | 2020 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,304 |
| Gross operating margin9900 | -€11,911 |
| Operating profit (loss)9901 | -€14,358 |
| Recurring financial charges65 | €2,192 |
| Profit (loss) for the period before taxes9903 | -€16,550 |
| Profit (loss) for the period9904 | -€16,550 |
| Profit (loss) for the period to be appropriated9905 | -€16,550 |
| Line | 2020 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €31,388 | |
| Fixed assets21/28 | €27,655 | |
| Tangible fixed assets22/27 | €22,705 | |
| Financial fixed assets28 | €4,950 | |
| Current assets29/58 | €3,733 | |
| Amounts receivable within one year40/41 | €2,322 | |
| Cash at bank and in hand54/58 | €1,411 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €31,388 | |
| Equity10/15 | -€16,550 | |
| Contributions10/11 | €0 | |
| Profit (loss) carried forward14 | -€16,550 | |
| Amounts payable17/49 | €47,938 | |
| Amounts payable within one year42/48 | €47,938 | |
| Trade debts44 | €1,250 | |
| Line | 2020 |
|---|---|
| Profit (loss) for the period9904 | -€16,550 |
| + Depreciation and write-downs630 | €2,304 |
| Operating cash flow (approximation) | -€14,246 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2020 | micro format | 28-10-2021 | 2021-75100048 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.