GRIMMO CONSTRUCT
Annual accounts 2019
abbreviated format, filed on 23-10-2020, 84 days late-€146,251
previous year 18 months
-€152,358
previous year 18 months
-€209,152
previous year 18 months
€1.7m
▼ 16.0%
-28.0%
▼ 13.2 percentage points
5.58
▲ 0.20
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €2.0m on 31-12-2019What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 201818 months | 2017 | 2016 | 2015 | 201420 months |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
2.0m | 2.5m | 2.5m | 2.8m | 1.1m | 954,566 | |
21/28 |
7,875 | 12,312 | 19,250 | 17,971 | 8,871 | 5,551 | |
22/27 |
3,875 | 7,512 | 14,225 | 12,771 | 8,071 | 3,951 | |
23 |
1,353 | 3,490 | 7,947 | 12,493 | 7,793 | 2,806 | |
24 |
2,522 | 4,022 | 6,278 | 278 | 278 | 1,144 | |
28 |
4,000 | 4,800 | 5,025 | 5,200 | 800 | 1,600 | |
29/58 |
2.0m | 2.4m | 2.5m | 2.8m | 1.1m | 949,015 | |
3 |
1.6m | 2.2m | 1.2m | 1.4m | 624,255 | 773,824 | |
30/36 |
1.6m | 2.2m | 1.2m | 1.4m | 624,255 | 773,824 | |
40/41 |
269,969 | 187,453 | 891,320 | 619,349 | 447,826 | 40,687 | |
40 |
252,104 | 14,997 | 291,544 | 50,982 | 21,819 | - | |
41 |
17,865 | 172,456 | 599,776 | 568,367 | 426,007 | 40,687 | |
54/58 |
116,475 | 50,056 | 400,248 | 782,534 | 11,557 | 134,504 | |
490/1 |
- | - | 709 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
2.0m | 2.5m | 2.5m | 2.8m | 1.1m | 954,566 | |
10/15 |
-572,304 | -363,152 | -168,400 | -20,758 | 54,533 | 37,428 | |
10/11 |
168,550 | 168,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
100 |
168,550 | 168,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
13 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 944 | |
130 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 944 | |
14 |
-742,709 | -533,557 | -188,805 | -41,163 | 34,128 | 17,935 | |
17/49 |
2.6m | 2.8m | 2.7m | 2.9m | 1.0m | 917,137 | |
17 |
2.3m | 2.3m | 2.3m | 2.3m | 882,132 | 600,000 | |
170/4 |
2.3m | 2.3m | 2.3m | 2.3m | 882,132 | 600,000 | |
42/48 |
364,861 | 453,659 | 307,972 | 504,933 | 155,844 | 305,006 | |
43 |
275,000 | 425,000 | 95,000 | 299,000 | - | 265,000 | |
430/8 |
275,000 | 425,000 | 95,000 | 299,000 | - | 265,000 | |
44 |
10,264 | 23,688 | 193,788 | 179,676 | 140,197 | 28,994 | |
440/4 |
10,264 | 23,688 | 193,788 | 179,676 | 140,197 | 28,994 | |
45 |
2,730 | 608 | 16,370 | 24,635 | 15,205 | 10,705 | |
450/3 |
2,730 | 608 | 16,370 | 24,635 | 15,205 | 10,705 | |
47/48 |
76,867 | 4,364 | 2,814 | 1,622 | 442 | 307 | |
492/3 |
- | 112,500 | 39,679 | 30,679 | - | 12,132 | |
| Income statement | |||||||
9900 |
-146,251 | -260,002 | -46,826 | -6,746 | 59,031 | 79,651 | |
630 |
3,637 | 7,163 | 5,021 | - | 7,041 | 7,199 | |
640/8 |
2,471 | 1,746 | 1,347 | 2,114 | 1,727 | 4,753 | |
9901 |
-152,358 | -268,911 | -53,194 | -8,860 | 50,263 | 67,699 | |
75/76B |
3,291 | 7,540 | 130 | 795 | 1,251 | 354 | |
75 |
3,291 | 7,540 | 130 | 795 | 1,251 | 354 | |
65/66B |
60,084 | 83,380 | 94,578 | 67,226 | 25,942 | 39,966 | |
65 |
60,084 | 83,380 | 94,578 | 67,226 | 25,942 | 39,966 | |
9903 |
-209,152 | -344,751 | -147,642 | -75,292 | 25,571 | 28,087 | |
67/77 |
- | - | - | - | 8,466 | 9,209 | |
9904 |
-209,152 | -344,751 | -147,642 | -75,292 | 17,105 | 18,878 | |
9905 |
-209,152 | -344,751 | -147,642 | -75,292 | 17,105 | 18,878 | |
| Appropriation of the result | |||||||
9906 |
-742,709 | -533,557 | -188,805 | -41,163 | 35,039 | 18,878 | |
691/2 |
- | - | - | - | 911 | 944 | |
6920 |
- | - | - | - | 911 | 944 | |
| Document | |||||||
Source: Annual accounts 2019 (PDF), filed on 23-10-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank2019 annual accounts filed 84 days after the deadline. Filed on 23 October 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-62800235.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | abbreviated format | 23-10-2020 | 2020-62800235 | |
| 31-12-2018 | abbreviated format | 11-09-2019 | 2019-64000002 | |
| 30-06-2017 | abbreviated format | 16-03-2018 | 2018-07300216 | |
| 30-06-2016 | abbreviated format | 27-02-2017 | 2017-05300269 | |
| 30-06-2015 | abbreviated format | 02-02-2016 | 2016-03800137 | |
| 30-06-2014 | abbreviated format | 11-02-2015 | 2015-04000271 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 201818 months | 2017 | 2016 | 2015 | 201420 months |
|---|---|---|---|---|---|---|---|
| -148,721 | -261,748 | -48,173 | - | 57,304 | 74,898 | ||
| -205,515 | -337,588 | -142,622 | - | 24,146 | 26,078 | ||
| -800 | 450 | 7,500 | 9,100 | 11,161 | 12,750 | ||
| 66,419 | -350,192 | -382,286 | 770,977 | -122,947 | - | ||
| 1.7m | 2.0m | 2.2m | 2.3m | 927,794 | 644,010 | ||
| -28.0% | -14.8% | -6.7% | -0.7% | 5.0% | 3.9% | ||
| 5.58 | 5.38 | 8.07 | 5.59 | 6.95 | 3.11 | ||
| 1.06 | 0.52 | 4.20 | 2.78 | 2.95 | 0.57 | ||
| - | - | - | - | 19.03 | 24.50 | ||
| - | - | - | - | 31.4% | 50.4% | ||
| -10.2% | -14.1% | -5.9% | -2.7% | 1.6% | 2.0% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 GRIMMO CONSTRUCT
The operating result for 2019 is a loss of €152,358, smaller than the loss of €268,911 in 2018.
Equity is negative. Debt (€2.6m) exceeds the balance-sheet total (€2.0m).
Large changes and their cause
- 2018 Net result -134% on 2017. This financial year ran 18 months, the previous one 12.