EMSV PROJECTS (0533.901.163), Bankruptcy closed: annual accounts

EMSV PROJECTS

Brussels ·KBO/BCE: BE 0533.901.163

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
Total assets`20/58`	57,604	32,668	78,461	51,177	38,051	36,835	27,210	35,838	26,288	4,269
Formation expenses`20`	-	-	-	-	-	-	250	500	750	1,000
Fixed assets`21/28`	-	-	-	165	339	4,372	6,493	9,811	13,178	1,995
Intangible fixed assets`21`	-	-	-	-	-	0	-	-	-	-
Tangible fixed assets`22/27`	-	-	-	165	339	4,372	6,493	9,811	12,428	995
Furniture and vehicles`24`	-	-	-	165	339	4,372	6,493	9,811	12,428	995
Current assets`29/58`	57,604	32,668	78,461	51,011	37,712	32,463	20,467	25,527	13,110	2,275
Amounts receivable within one year`40/41`	37,936	15,837	20,849	21,014	6,285	13,783	11,971	17,999	5,064	2,194
Trade receivables`40`	28,866	14,218	20,004	20,169	3,420	12,883	11,971	17,999	5,064	-
Other amounts receivable`41`	9,070	1,618	845	845	2,865	900	-	-	-	2,194
Cash at bank and in hand`54/58`	17,668	16,832	57,612	29,998	14,095	7,740	8,496	7,528	8,045	81
Deferred charges and accrued income`490/1`	2,000	-	-	-	17,332	10,940	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	57,604	32,668	78,461	51,177	38,051	36,835	27,210	35,838	26,288	4,269
Equity`10/15`	8,643	9,083	7,041	-5,222	-20,086	-26,358	-16,213	12,897	3,012	-15,581
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200
Capital`10`	-	18,600	-	-	-	-	-	-	-	-
Issued capital`100`	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200
Profit (loss) carried forward`14`	-9,957	-9,517	-11,559	-23,822	-38,686	-44,958	-34,813	-5,703	-15,588	-21,781
Amounts payable`17/49`	48,961	23,585	71,420	56,398	58,137	63,193	43,423	22,941	23,275	19,850
Amounts payable within one year`42/48`	48,961	23,585	71,420	56,398	58,137	63,193	43,423	22,941	23,275	19,850
Trade debts`44`	45,811	5,970	363	129	1,569	121	832	-	10,869	19,115
Suppliers`440/4`	45,811	5,970	363	129	1,569	121	832	-	10,869	19,115
Taxes, remuneration and social security`45`	3,150	-	496	2,127	-	6,070	17,187	929	954	-
Taxes`450/3`	3,150	-	496	2,127	-	3,241	2,281	929	954	-
Remuneration and social security`454/9`	-	-	-	-	-	2,828	14,906	-	-	-
Other amounts payable`47/48`	-	17,615	70,561	54,142	56,568	57,003	25,404	22,012	11,453	736
Income statement
Turnover`70`	385,609	-	47,439	39,888	43,269	52,012	26,589	35,492	14,390	82
Gross operating margin`9900`	10,258	11,705	12,830	16,203	27,364	30,653	15,964	14,956	9,973	-19,970
Goods, raw materials, services and sundry goods`60/61`	375,351	-	34,609	26,464	23,567	21,359	20,960	20,536	4,416	20,052
Remuneration, social security and pensions`62`	-	-	-	-	15,602	35,664	40,167	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	165	565	4,034	3,840	-	3,569	-	535
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	3,569	-	3,428	-
Other operating charges`640/8`	5,100	797	449	237	754	1,227	902	1,247	325	1,251
Non-recurring operating charges`66A`	-	-	-	-	-	3	-	-	-	-
Operating profit (loss)`9901`	5,158	10,908	12,216	15,401	6,975	-10,078	-28,673	10,141	6,220	-21,756
Financial income`75/76B`	-	-	94	0	4	2	1	2	-	1
Recurring financial income`75`	-	-	94	0	4	2	1	2	-	1
Financial charges`65/66B`	2,448	158	47	537	707	69	438	258	27	26
Recurring financial charges`65`	2,448	158	47	537	707	66	438	258	27	26
Non-recurring financial charges`66B`	-	-	-	-	-	3	-	-	-	-
Profit (loss) for the period before taxes`9903`	2,710	10,750	12,263	14,864	6,272	-10,145	-29,110	9,885	6,194	-21,781
Income taxes`67/77`	3,150	8,708	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	-440	2,042	12,263	14,864	6,272	-10,145	-29,110	9,885	6,194	-21,781
Profit (loss) for the period to be appropriated`9905`	-440	2,042	12,263	14,864	6,272	-10,145	-29,110	9,885	6,194	-21,781
Appropriation of the result
Profit (loss) to be appropriated`9906`	-9,957	-9,517	-11,559	-23,822	-38,686	-44,958	-34,813	-5,703	-15,588	-21,781
Profit (loss) brought forward from the previous period`14P`	-9,517	-11,559	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	1	1	-	-	-
Hours worked`1013`	-	-	-	-	-	1,954	1,982	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	04-06-2024	2024-00117128	PDF
31-12-2022	abbreviated format	21-04-2023	2023-00062778	PDF
30-06-2021	abbreviated format	23-09-2021	2021-68100196	PDF
30-06-2020	abbreviated format	05-11-2020	2020-68800541	PDF
30-06-2019	abbreviated format	09-12-2019	2019-75700293	PDF
30-06-2018	abbreviated format	03-12-2018	2018-73500450	PDF
30-06-2017	abbreviated format	22-01-2018	2018-02000528	PDF
30-06-2016	abbreviated format	22-01-2018	2018-02000491	PDF
30-06-2015	abbreviated format	29-01-2016	2016-03600068	PDF
30-06-2014	abbreviated format	21-05-2015	2015-13000175	PDF

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
EBITDA	-	-	12,381	15,966	11,009	-6,238	-	13,709	-	-21,221
Cash flow	-	-	12,428	15,428	10,306	-6,305	-	13,453	-	-21,246
Investment in fixed assets (approximation)	-	-	0	391	0	1,469	-	702	14,612	1,280
Change in cash	836	-40,780	27,614	15,902	6,355	-756	967	-517	7,965	-
Working capital	8,643	9,083	7,041	-5,387	-20,424	-30,730	-22,956	2,586	-10,166	-17,576
EBIT margin	1.3%	-	25.8%	38.6%	16.1%	-19.4%	-	28.6%	43.2%	-
Solvency	15.0%	27.8%	9.0%	-10.2%	-52.8%	-71.6%	-59.6%	36.0%	11.5%	-
Current ratio	1.18	1.39	1.10	0.90	0.65	0.51	0.47	1.11	0.56	-
Debt to equity	5.66	2.60	10.14	-	-	-	-	1.78	7.73	-
ROE	-5.1%	22.5%	174.2%	-	-	-	-	76.6%	205.6%	-
ROA	-0.8%	6.3%	15.6%	29.0%	16.5%	-27.5%	-107.0%	27.6%	23.6%	-
Customer credit	27 days	-	154 days	185 days	29 days	90 days	164 days	185 days	128 days	9786 days
Supplier credit	45 days	-	4 days	2 days	24 days	2 days	14 days	-	898 days	348 days

EMSV PROJECTS

Annual accounts 2023

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Insights on EMSV PROJECTS