Skip to content

FIMS

Open bankruptcy
Private limited company (pre-2019)founded 2013Koepoortstraat 8/3, 3545 Halen, BelgiumKBO/BCE: BE 0539.840.236
FIMSOpen bankruptcy

Financials · financial year 2020, abbreviated format

2020 annual accounts filed 87 days after the deadline Filed on 26 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-73400278.

Annual accounts 2020 filed on 26-10-2021 PDF all 7 filings

Turnover
≈ €720,000
Estimated: probably between €670,000 and €1.0m
Total assets
€581,808▼ 8.6%
2019 · €636,635
Net result
€43,873
2019 · -€13,784
Working capital
-€550,833▲ 8.5%
2019 · -€601,990
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result for 2020 is nearly 6.2 times that of 2019 and the highest since 2018. It is a recovery after the fall in 2019.

Operating result€59,829 2020 Net result€43,873 2020

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Operating result€25,190-€9,724▼ 61.4%€59,829▲ 515%
Net result€1,035--€13,784€43,873above the sector's middle half
Equity-€226,445--€240,229▼ 6.1%-€196,356below the sector's middle half▲ 18.3%
Total assets€696,939-€636,635▼ 8.7%€581,808within the sector's middle half▼ 8.6%
Debt€923,384-€876,864▼ 5.0%€778,164▼ 11.3%
Working capital-€630,623--€601,990▲ 4.5%-€550,833below the sector's middle half▲ 8.5%
Solvency-32.5%--37.7%▼ 5.2pp-33.7%below the sector's middle half▲ 4.0pp
Current ratio0.09-0.10▲ 0.010.10below the sector's middle half▼ 0.01
Return on assets (ROA)0.1%--2.2%▼ 2.3pp7.5%within the sector's middle half▲ 9.7pp
Staff (FTE)12.5-5.5▼ 56.0%10.8within the sector's middle half▲ 96.4%
above within below The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €581,808
Fixed assets €523,582 ▼ 7.6%
Current assets €58,225 ▼ 16.7%
Equity and liabilities
Equity-€196,356
Debt€778,164
Equity is negative. Debt (€778,164) exceeds the balance-sheet total (€581,808).
Key figures and ratios
2020 value · change against 2019
EBITDA
€113,593▲
2019 · €74,822
Cash flow
€97,637▲
2019 · €51,314
Quick ratio
0.06▲
2019 · 0.03
Debt ≤ 1 year
€609,059▼
2019 · €671,856
Debt > 1 year
€169,105▼
2019 · €205,008
Income taxes
€364
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€636,635€581,808▼
Fixed assets21/28€566,769€523,582▼
Tangible fixed assets22/27€553,489€511,892▼
Financial fixed assets28€13,280€11,690▼
Current assets29/58€69,866€58,225▼
Stocks and contracts in progress3€46,370€18,640▼
Amounts receivable within one year40/41€11,900€25,871▲
Cash at bank and in hand54/58€11,597€13,715▲
Equity and liabilities
Total equity and liabilities10/49€636,635€581,808▼
Equity10/15-€240,229-€196,356▲
Contributions10/11€18,600-
Reserves13€7,249€7,249=
Profit (loss) carried forward14-€266,078-€222,205▲
Amounts payable17/49€876,864€778,164▼
Amounts payable after more than one year17€205,008€169,105▼
Amounts payable within one year42/48€671,856€609,059▼
Trade debts44€46,234€274▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,098€53,764▼
Gross operating margin9900€565,369€308,527▼
Operating profit (loss)9901€9,724€59,829▲
Recurring financial charges65€23,509€15,592▼
Profit (loss) for the period before taxes9903-€13,784€44,237▲
Income taxes67/77-€364
Profit (loss) for the period9904-€13,784€43,873▲
Profit (loss) for the period to be appropriated9905-€13,784€43,873▲

Source: Annual accounts 2020 (PDF), filed on 26-10-2021.

Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72,328€65,098€53,764▼ 17.4%
Gross operating margin9900€662,725€565,369€308,527▼ 45.4%
Operating profit (loss)9901€25,190€9,724€59,829▲ 515%
Recurring financial charges65€24,154€23,509€15,592▼ 33.7%
Profit (loss) for the period before taxes9903€1,035-€13,784€44,237-
Income taxes67/77--€364-
Profit (loss) for the period9904€1,035-€13,784€43,873-
Profit (loss) for the period to be appropriated9905€1,035-€13,784€43,873-
Line201820192020Change
Assets
Total assets20/58€696,939€636,635€581,808▼ 8.6%
Fixed assets21/28€631,867€566,769€523,582▼ 7.6%
Tangible fixed assets22/27€618,587€553,489€511,892▼ 7.5%
Financial fixed assets28€13,280€13,280€11,690▼ 12.0%
Current assets29/58€65,072€69,866€58,225▼ 16.7%
Stocks and contracts in progress3€44,203€46,370€18,640▼ 59.8%
Amounts receivable within one year40/41€11,946€11,900€25,871▲ 117%
Cash at bank and in hand54/58€8,923€11,597€13,715▲ 18.3%
Equity and liabilities
Total equity and liabilities10/49€696,939€636,635€581,808▼ 8.6%
Equity10/15-€226,445-€240,229-€196,356▲ 18.3%
Contributions10/11€18,600€18,600--
Reserves13€7,249€7,249€7,249=
Profit (loss) carried forward14-€252,294-€266,078-€222,205▲ 16.5%
Amounts payable17/49€923,384€876,864€778,164▼ 11.3%
Amounts payable after more than one year17€227,688€205,008€169,105▼ 17.5%
Amounts payable within one year42/48€695,695€671,856€609,059▼ 9.3%
Trade debts44€60,421€46,234€274▼ 99.4%
Line201820192020Change
Profit (loss) for the period9904€1,035-€13,784€43,873-
+ Depreciation and write-downs630€72,328€65,098€53,764▼ 17.4%
Operating cash flow (approximation)€73,363€51,314€97,637▲ 90.3%
Investment in fixed assets (approximation)-€0-€10,577-
Change in cash-€2,674€2,118▼ 20.8%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2020 abbreviated format 26-10-2021 2021-73400278 PDF
31-12-2019 abbreviated format 23-02-2021 2021-05900585 PDF
31-12-2018 abbreviated format 05-08-2019 2019-43500462 PDF
31-12-2017 abbreviated format 26-11-2018 2018-72900102 PDF
31-12-2016 abbreviated format 30-08-2017 2017-50600477 PDF
31-12-2015 abbreviated format 30-08-2016 2016-49700238 PDF
31-12-2014 abbreviated format 16-07-2015 2015-31500352 PDF