FRERE-BOURGEOIS
abbreviatedS.I.C.InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2021 was due by 31-08-2021 and was filed on 19-05-2021, 104 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2021
104 d early
2020
73 d early
2019
43 d early
2018
5 d early
2017
7 d early
2016
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 40 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?FRERE-BOURGEOIS · 5 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema, statutory accounts
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.81bn▲ 36,702%
2020 · €7.6m
Working capital
€30.9m▼ 93.1%
2020 · €447.8m
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€3.6m--€5.4m▼ 50.5%€243,842€1.7m▲ 610%
Net result-€1.6m--€2.7m▼ 72.7%€7.6m€2.81bn▲ 36,702%
Equity€2.88bn-€2.85bn▼ 1.2%€2.85bn▲ 0.2%€5.67bn▲ 98.7%
Total assets€2.91bn-€2.88bn▼ 1.1%€2.86bn▼ 0.8%€5.71bn▲ 100.0%
Debt€31.0m-€32.2m▲ 4.0%€3.6m▼ 88.7%€44.4m▲ 1,122%
Working capital€535.2m-€501.8m▼ 6.2%€447.8m▼ 10.8%€30.9m▼ 93.1%
Staff (FTE)14.2-11.1▼ 21.8%9.2▼ 17.1%
Why a figure moved sharply
- 2021 Net result +36,702% on 2020. This fiscal year ran 1 months, the previous one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 610% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.71bn
Fixed assets
€5.64bn ▲ 134%
Current assets
€75.3m ▼ 83.3%
Equity and liabilities €5.71bn
Equity
€5.67bn ▲ 98.7%
Debt
€44.4m ▲ 1,122%
Debt's share of the balance-sheet total rises from 0.1% to 0.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.69
Quick ratio
1.62
ROE
49.7%▲
2020 · 0.3%
ROA
49.3%▲
2020 · 0.3%
Debt ≤ 1 year
€44.4m▲
2020 · €3.6m
Income taxes
€53,073▲
2020 · €1,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €309,354 | €320,402 | €588,068 | - | - |
| Operating profit (loss)9901 | -€3.6m | -€5.4m | €243,842 | €1.7m | ▲ 610% |
| Recurring financial income75 | €2.1m | €2.8m | €2.3m | €966.2m | ▲ 42,177% |
| Recurring financial charges65 | €5,137 | €47,098 | €70,567 | €163,492 | ▲ 132% |
| Debt charges650 | €375 | €37,971 | €3,794 | €157,102 | ▲ 4,041% |
| Profit (loss) for the period before taxes9903 | -€1.6m | -€2.7m | €7.6m | €2.81bn | ▲ 36,694% |
| Income taxes67/77 | €8,514 | €4,484 | €1,767 | €53,073 | ▲ 2,904% |
| Profit (loss) for the period9904 | -€1.6m | -€2.7m | €7.6m | €2.81bn | ▲ 36,702% |
| Profit (loss) for the period to be appropriated9905 | -€1.6m | -€2.7m | €7.6m | €2.81bn | ▲ 36,702% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.91bn | €2.88bn | €2.86bn | €5.71bn | ▲ 100.0% |
| Fixed assets21/28 | €2.34bn | €2.35bn | €2.40bn | €5.64bn | ▲ 134% |
| Tangible fixed assets22/27 | €4.8m | €5.4m | €2.4m | - | - |
| Financial fixed assets28 | €2.34bn | €2.34bn | €2.40bn | €5.64bn | ▲ 135% |
| Current assets29/58 | €566.2m | €533.3m | €451.4m | €75.3m | ▼ 83.3% |
| Stocks and contracts in progress3 | €3.8m | €3.7m | €3.5m | €3.5m | = |
| Amounts receivable within one year40/41 | €561.9m | €500.3m | €439.1m | €69.6m | ▼ 84.1% |
| Current investments50/53 | €983 | €19.8m | €983 | €983 | = |
| Cash at bank and in hand54/58 | €274,549 | €9.4m | €8.3m | €1.8m | ▼ 78.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.91bn | €2.88bn | €2.86bn | €5.71bn | ▲ 100.0% |
| Equity10/15 | €2.88bn | €2.85bn | €2.85bn | €5.67bn | ▲ 98.7% |
| Contributions10/11 | €110.9m | €110.9m | €110.9m | €110.9m | = |
| Reserves13 | €38.5m | €38.5m | €38.5m | €38.5m | = |
| Profit (loss) carried forward14 | €2.64bn | €2.60bn | €2.61bn | €5.42bn | ▲ 108% |
| Amounts payable17/49 | €31.0m | €32.2m | €3.6m | €44.4m | ▲ 1,122% |
| Amounts payable within one year42/48 | €30.9m | €31.5m | €3.6m | €44.4m | ▲ 1,133% |
| Trade debts44 | €276,833 | €229,611 | €484,406 | €396,415 | ▼ 18.2% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.6m | -€2.7m | €7.6m | €2.81bn | ▲ 36,702% |
| + Depreciation and write-downs630 | €309,354 | €320,402 | €588,068 | - | - |
| Operating cash flow (approximation) | -€1.3m | -€2.4m | €8.2m | €2.81bn | ▲ 34,074% |
| Investment in fixed assets (approximation) | - | -€918,884 | -€59.7m | -€3.23bn | ▼ 5,316% |
| Change in cash | - | €9.1m | -€1.1m | -€6.5m | ▼ 480% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-01
Financial
Highest result since 2018net €2.81bn ▲36,702%
Operating result €1.7m, net result €2.81bn, both a record.
31-01
Financial
Equity above €5bnEq €5.67bn ▲98.7%
2 profitable years in a row build equity to €5.67bn.
2020
31-12
Financial
Back to profitnet €7.6m
Net result €7.6m after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 125.28
Current ratio from 16.92 to 125.28; short-term debt falls from €31.5m to €3.6m.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated
2019
31-12
Financial
Weakest financial yearnet -€2.7m
Net result drops to -€2.7m, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · consolidated
Show earlier events
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Heads the group
FRERE-BOURGEOIS
5 companies
Group, risk and exposure
Owners and holdings
4 holdingsOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 4
- Brufinol S.A.LUsubsidiarySourceLEI registerconsolidated
- COMPAGNIE IMMOBILIERE DE ROUMONTsubsidiarySourceLEI registerconsolidated
- EUROPARTsubsidiarySourceLEI registerconsolidated
- FIBELPARsubsidiarySourceLEI registerconsolidated
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600FXE4XGEV9VWM39