HSB-PROJECTS
Annual accounts 2020
micro format, filed on 18-08-2022, 383 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 ≈ €140,000. Estimated: probably between €89,000 and €360,000.
Balance sheet
balance sheet total €101,744 on 31-12-2020in euro
in euro
Position in the sector
64.0%
Higher than 74% of 12,326 companies in 2020.
2.72
Higher than 72% of 11,905 companies in 2020.
24.4%
Higher than 87% of 12,036 companies in 2020.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
101,744 | 78,804 | 46,648 | 29,979 | |
21/28 |
2,144 | 1,936 | 1,984 | 1,415 | |
22/27 |
2,144 | 1,936 | 1,984 | 1,415 | |
23 |
940 | 1,936 | 1,984 | 1,415 | |
24 |
1,204 | - | - | - | |
29/58 |
99,600 | 76,868 | 44,664 | 28,564 | |
40/41 |
89,629 | 70,741 | 28,179 | 27,925 | |
40 |
16,578 | 14,010 | 6,163 | 14,000 | |
41 |
73,050 | 56,731 | 22,017 | 13,925 | |
54/58 |
9,971 | 6,127 | 16,485 | 639 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
101,744 | 78,804 | 46,648 | 29,979 | |
10/15 |
65,076 | 40,259 | 37,721 | 19,502 | |
10/11 |
6,200 | - | 6,200 | 6,200 | |
10 |
6,200 | - | - | - | |
100 |
18,600 | - | 18,600 | 18,600 | |
101 |
12,400 | - | 12,400 | 12,400 | |
11 |
- | 6,200 | - | - | |
1100/10 |
- | 6,200 | - | - | |
13 |
34,059 | 34,059 | 31,521 | 13,302 | |
130/1 |
1,860 | 1,860 | - | - | |
130 |
1,860 | - | 1,860 | 620 | |
1319 |
- | 1,860 | - | - | |
133 |
32,199 | 32,199 | 29,661 | 12,682 | |
14 |
24,818 | - | - | - | |
17/49 |
36,668 | 38,545 | 8,927 | 10,476 | |
42/48 |
36,668 | 31,645 | 8,927 | 10,476 | |
43 |
1,037 | 949 | - | - | |
430/8 |
1,037 | 949 | - | - | |
44 |
10,270 | 15,909 | 1,409 | 5,587 | |
440/4 |
10,270 | 15,909 | 1,409 | 5,587 | |
45 |
25,360 | 14,787 | 7,518 | 4,889 | |
450/3 |
25,360 | 14,787 | 7,518 | 4,889 | |
492/3 |
- | 6,900 | - | - | |
| Income statement | |||||
76A |
- | 6,199 | - | - | |
9900 |
32,718 | 16,464 | 26,747 | 24,463 | |
630 |
1,438 | 1,801 | 1,529 | 830 | |
640/8 |
1,405 | 1,853 | 1,160 | 1,763 | |
66A |
- | 9,300 | - | - | |
9901 |
29,875 | 3,510 | 24,058 | 21,871 | |
75/76B |
6,321 | 521 | 129 | 167 | |
75 |
6,321 | 521 | 129 | 167 | |
65/66B |
837 | 1,364 | 267 | 3,119 | |
65 |
837 | 1,364 | 267 | 3,119 | |
9903 |
35,358 | 2,667 | 23,920 | 18,919 | |
67/77 |
10,541 | 130 | 5,701 | 5,617 | |
9904 |
24,818 | 2,537 | 18,219 | 13,302 | |
9905 |
24,818 | 2,537 | 18,219 | 13,302 | |
| Appropriation of the result | |||||
9906 |
24,818 | 2,537 | 18,219 | 13,302 | |
691/2 |
- | 2,537 | 18,219 | 13,302 | |
6920 |
- | - | 1,240 | 620 | |
6921 |
- | 2,537 | 16,979 | 12,682 | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2020 (PDF), filed on 18-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 383 days after the deadline. Filed on 18 August 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-20312319.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| 31,312 | 5,311 | 25,587 | 22,700 | ||
| 26,255 | 4,338 | 19,748 | 14,132 | ||
| 1,646 | 1,752 | 2,098 | 2,245 | ||
| 3,844 | -10,358 | 15,846 | - | ||
| 62,932 | 45,223 | 35,737 | 18,087 | ||
| 64.0% | 51.1% | 80.9% | 65.1% | ||
| 2.72 | 2.43 | 5.00 | 2.73 | ||
| 0.56 | 0.96 | 0.24 | 0.54 | ||
| 38.1% | 6.3% | 48.3% | 68.2% | ||
| 24.4% | 3.2% | 39.1% | 44.4% | ||
| 37.41 | - | - | - |
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.
Investments
fixed assets acquired| Item | 2020 |
|---|---|
| Tangible fixed assets | €1,646 |
| €1,438 |
Source: notes to the 2020 annual accounts (statement of fixed assets)
Insights on HSB-PROJECTS
The operating result for 2020 is 8.5 times that of 2019 and the highest since 2017. It is a recovery after the fall in 2019.
Debt's share of the balance-sheet total falls from 48.9% to 36.0%. Equity is higher and debt is lower.