GM Constructs
Annual accounts 2020
micro format, filed on 22-02-2022, 206 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €150,000 and €480,000.
Balance sheet
balance sheet total €39,753 on 31-12-2020in euro
Position in the sector
12.0%
Higher than 22% of 5,608 companies in 2020.
1.05
Higher than 25% of 5,475 companies in 2020.
80.5%
Higher than 95% of 5,501 companies in 2020.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
39,753 | 54,315 | |
20 |
1,215 | 1,476 | |
21/28 |
9,616 | 10,564 | |
22/27 |
9,441 | 10,389 | |
23 |
441 | - | |
24 |
9,000 | 10,389 | |
28 |
175 | 175 | |
29/58 |
28,921 | 42,275 | |
3 |
3,520 | 3,073 | |
30/36 |
3,520 | 3,073 | |
40/41 |
25,072 | 39,071 | |
40 |
21,638 | 38,072 | |
41 |
3,434 | 999 | |
50/53 |
330 | - | |
490/1 |
- | 131 | |
| Balance sheet: equity and liabilities | |||
10/49 |
39,753 | 54,315 | |
10/15 |
4,761 | -27,227 | |
10/11 |
6,200 | 6,200 | |
100 |
18,600 | 18,600 | |
101 |
12,400 | 12,400 | |
14 |
-1,439 | -33,427 | |
17/49 |
34,992 | 81,542 | |
17 |
7,462 | 10,104 | |
170/4 |
7,462 | 10,104 | |
42/48 |
27,530 | 71,438 | |
42 |
2,642 | 2,560 | |
43 |
- | 1,744 | |
430/8 |
- | 1,744 | |
44 |
22,052 | 20,895 | |
440/4 |
22,052 | 20,895 | |
46 |
- | 19,121 | |
45 |
645 | 372 | |
450/3 |
645 | 372 | |
47/48 |
2,192 | 26,746 | |
| Income statement | |||
9900 |
38,189 | -23,852 | |
62 |
231 | 3,557 | |
630 |
4,366 | 3,682 | |
640/8 |
862 | 1,110 | |
9901 |
32,730 | -32,201 | |
75/76B |
0 | 612 | |
75 |
0 | 175 | |
76B |
- | 437 | |
65/66B |
524 | 1,838 | |
65 |
524 | 377 | |
66B |
- | 1,461 | |
9903 |
32,207 | -33,427 | |
67/77 |
219 | - | |
9904 |
31,988 | -33,427 | |
9905 |
31,988 | -33,427 | |
| Appropriation of the result | |||
9906 |
-1,439 | -33,427 | |
| Social balance sheet | |||
9087 |
- | 0.7 | |
Hours worked1013 |
- | 496 | |
| Document | |||
Source: Annual accounts 2020 (PDF), filed on 22-02-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 206 days after the deadline. Filed on 22 February 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-06100426.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 |
|---|---|---|---|
| 37,096 | -28,519 | ||
| 36,354 | -29,745 | ||
| 3,158 | 15,836 | ||
| 1,391 | -29,163 | ||
| 12.0% | -50.1% | ||
| 1.05 | 0.59 | ||
| 0.92 | 0.55 | ||
| 7.35 | - | ||
| 671.9% | - | ||
| 80.5% | -61.5% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on GM Constructs
The operating result for 2020 is a profit of €32,730, after a loss of €32,201 in 2019.
Debt's share of the balance-sheet total is 88.0%.