FERNANDEL (0538.969.909): financials and annual accounts

FERNANDEL

Antwerp ·KBO/BCE: BE 0538.969.909

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
Total assets`20/58`	53,974	89,372	96,451	63,982	87,914	73,682	61,216	157,414	202,700	89,352	121,672
Fixed assets`21/28`	16,871	23,677	32,268	13,199	18,129	28,949	37,578	105,854	138,192	60,199	70,618
Intangible fixed assets`21`	12,000	18,000	24,000	-	-	-	-	37,333	51,333	5,333	7,333
Tangible fixed assets`22/27`	-	-	3,068	7,999	12,929	21,049	29,678	60,621	78,959	52,366	60,785
Plant, machinery and equipment`23`	-	-	-	328	655	3,244	5,979	10,095	17,030	12,657	16,607
Furniture and vehicles`24`	-	-	-	-	-	410	945	5,382	7,872	3,460	4,287
Other tangible fixed assets`26`	-	-	3,068	7,671	12,274	17,394	22,754	45,144	54,056	36,248	39,891
Financial fixed assets`28`	4,871	5,677	5,200	5,200	5,200	7,900	7,900	7,900	7,900	2,500	2,500
Current assets`29/58`	37,103	65,695	64,182	50,783	69,785	44,733	23,638	51,559	64,508	29,153	51,054
Stocks and contracts in progress`3`	-	4,601	4,601	5,187	6,212	11,212	6,360	14,903	7,149	1,779	1,254
Stocks`30/36`	-	4,601	4,601	5,187	6,212	11,212	6,360	14,903	7,149	1,779	1,254
Amounts receivable within one year`40/41`	31,409	42,645	40,959	18,059	41,299	6,356	9,545	5,674	36,713	6,505	10,000
Trade receivables`40`	3,775	1,949	-	9,750	37,765	4,856	8,045	4,174	34,613	6,505	10,000
Other amounts receivable`41`	27,634	40,696	40,959	8,309	3,534	1,500	1,500	1,500	2,100	-	-
Cash at bank and in hand`54/58`	5,694	18,449	18,622	27,537	22,273	27,165	5,803	30,324	20,646	20,421	39,801
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	1,930	658	-	448	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	53,974	89,372	96,451	63,982	87,914	73,682	61,216	157,414	202,700	89,352	121,672
Equity`10/15`	47,017	32,059	38,065	38,420	18,414	27,360	30,279	5,633	9,262	32,249	25,613
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Contributions outside capital`11`	-	-	-	18,600	-	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	18,600	-	-	-	-	-	-	-
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-
Legal reserve`130`	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	1,860	1,860	1,860	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	26,557	11,599	17,605	17,960	-2,046	6,900	9,819	-14,827	-11,198	11,789	5,153
Amounts payable`17/49`	6,957	57,313	58,386	25,562	69,500	46,322	30,937	151,781	193,437	57,103	96,060
Amounts payable within one year`42/48`	6,957	57,313	58,386	25,562	69,500	46,322	30,937	151,781	193,437	57,103	96,060
Financial debts`43`	-	2,813	2,823	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	2,813	2,823	-	-	-	-	-	-	-	-
Trade debts`44`	-	43,529	39,184	14,348	47,486	20,254	11,695	27,526	48,263	15,950	16,923
Suppliers`440/4`	-	32,177	27,832	12,078	45,259	20,254	11,695	27,526	48,263	15,950	16,923
Bills of exchange payable`441`	-	11,352	11,352	2,270	2,228	-	-	-	-	-	-
Taxes, remuneration and social security`45`	6,957	10,971	16,379	11,214	5,512	10,439	9,242	19,267	31,188	7,753	20,637
Taxes`450/3`	6,957	8,415	11,739	5,343	264	264	1,058	4,576	14,616	2,784	14,129
Remuneration and social security`454/9`	-	2,556	4,639	5,871	5,248	10,175	8,183	14,691	16,572	4,968	6,508
Other amounts payable`47/48`	-	-	-	-	16,501	15,629	10,000	104,987	113,987	33,400	58,500
Income statement
Turnover`70`	54,797	91,977	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	1,826	1,948	-	-	-	-	50,318	-	-	-	-
Gross operating margin`9900`	20,958	5,798	53,113	37,267	27,529	97,081	149,189	148,120	124,268	78,630	70,112
Goods, raw materials, services and sundry goods`60/61`	35,665	88,127	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	-	-	35,585	10,381	26,846	85,440	107,359	113,380	110,436	53,582	42,145
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,000	9,068	10,930	4,930	8,120	8,629	14,057	32,961	32,712	12,857	16,402
Other operating charges`640/8`	-	45	3,915	790	117	3,194	154	2,319	1,338	1,006	1,247
Operating profit (loss)`9901`	14,958	-3,315	2,683	21,166	-7,554	-182	27,620	-540	-20,217	11,185	10,319
Financial income`75/76B`	-	21	3,064	-	-	8	4	3	22	0	13
Recurring financial income`75`	-	21	3,064	-	-	8	4	3	22	0	13
Financial charges`65/66B`	-	2,712	6,101	1,161	1,392	2,745	2,978	3,092	2,791	2,381	1,190
Recurring financial charges`65`	-	2,712	6,101	1,161	1,392	2,745	2,978	3,092	2,791	2,381	1,190
Profit (loss) for the period before taxes`9903`	14,958	-6,006	-355	20,006	-8,946	-2,919	24,646	-3,629	-22,986	8,804	9,142
Income taxes`67/77`	-	-	-	-	-	-	-	0	1	2,167	2,130
Profit (loss) for the period`9904`	14,958	-6,006	-355	20,006	-8,946	-2,919	24,646	-3,630	-22,987	6,637	7,013
Profit (loss) for the period to be appropriated`9905`	14,958	-6,006	-355	20,006	-8,946	-2,919	24,646	-3,630	-22,987	6,637	7,013
Appropriation of the result
Profit (loss) to be appropriated`9906`	26,557	11,599	17,605	17,960	-2,046	6,900	9,819	-14,827	-11,198	11,789	7,013
Profit (loss) brought forward from the previous period`14P`	11,599	17,605	17,960	-2,046	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	1,860
Social balance sheet
Average staff (FTE)`9087`	-	-	3.3	3.3	1.8	3.1	3.7	4.1	4.3	2.1	1.7
Hours worked`1013`	-	-	635	521	1,328	4,507	5,614	6,519	5,145	3,013	2,322
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	25-05-2026	2026-00119415	PDF
31-12-2023	micro format	06-10-2024	2024-00498254	PDF
31-12-2022	micro format	25-07-2023	2023-00264996	PDF
31-12-2021	micro format	04-08-2022	2022-20268613	PDF
31-12-2020	micro format	15-11-2021	2021-77200481	PDF
31-12-2019	micro format	14-09-2020	2020-53100385	PDF
31-12-2018	micro format	12-07-2019	2019-32500601	PDF
31-12-2017	micro format	06-07-2018	2018-29700126	PDF
31-12-2016	micro format	29-06-2017	2017-23600479	PDF
31-12-2015	full format	05-08-2016	2016-40400021	PDF
31-12-2014	full format	06-07-2015	2015-28000124	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
EBITDA	20,958	5,753	13,613	26,097	566	8,448	41,677	32,421	12,495	24,042	26,721
Cash flow	20,958	3,062	10,576	24,936	-826	5,710	38,703	29,331	9,725	19,494	23,414
Investment in fixed assets (approximation)	-806	477	30,000	0	-2,700	0	2,438	623	110,705	2,438	87,019
Change in cash	-12,755	-173	-8,915	5,264	-4,892	21,361	-24,521	9,679	225	-19,380	-
Working capital	30,146	8,382	5,797	25,221	285	-1,589	-7,299	-100,221	-128,930	-27,949	-45,005
EBIT margin	27.3%	-3.6%	-	-	-	-	-	-	-	-	-
Solvency	87.1%	35.9%	39.5%	60.0%	20.9%	37.1%	49.5%	3.6%	4.6%	36.1%	21.1%
Current ratio	5.33	1.15	1.10	1.99	1.00	0.97	0.76	0.34	0.33	0.51	0.53
Quick ratio	5.33	1.07	1.02	1.78	0.91	0.72	0.56	0.24	0.30	0.48	0.52
Debt to equity	0.15	1.79	1.53	0.67	3.77	1.69	1.02	26.95	20.88	1.77	3.75
ROE	31.8%	-18.7%	-0.9%	52.1%	-48.6%	-10.7%	81.4%	-64.4%	-248.2%	20.6%	27.4%
ROA	27.7%	-6.7%	-0.4%	31.3%	-10.2%	-4.0%	40.3%	-2.3%	-11.3%	7.4%	5.8%
Interest coverage	-	2.12	2.23	22.48	-	-	-	-	-	-	-
Customer credit	25 days	8 days	-	-	-	-	-	-	-	-	-
Supplier credit	-	180 days	-	-	-	-	-	-	-	-	-

Item	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	3
part-time	3	3
in full-time equivalents	1.2	1.2
Average over the year, in full-time equivalents	1.2	1.2
On a permanent contract	3	3
Joined	-	5
Left	-	5

Item	2024	2023	2022	2021
Intangible fixed assets	-	-	€30,000	-
Financial fixed assets	-	€477	-	-
Depreciation and write-downs of the year	€6,000	€9,068	€10,930	€4,930

FERNANDEL

Annual accounts 2024

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on FERNANDEL

Next steps