IMMO A. E. J.
InactiveFinancials · financial year 2021, abbreviated format
Annual accounts 2021 filed on 24-06-2022 PDF all 19 filings
Turnover
≈ €160,000
Estimated: probably between €100,000 and €310,000
Total assets
€402,534▼ 8.4%
2020 · €439,442
Net result
€26,434▲ 219%
2020 · €8,296
Working capital
€252,881▲ 0.2%
2020 · €252,274
Multi-year overview
2018 to 2021, 4 financial yearsOperating result
€28,639
2021
20182021
Net result
€26,434
▲ 219%
2021
20182021
Equity
€248,945
▲ 11.9%
2021
20182021
Total assets
€402,534
▼ 8.4%
2021
20182021
Debt
€153,589
▼ 29.2%
2021
20182021
Working capital
€252,881
▲ 0.2%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€30,761-€30,730▼ 0.1%-€231€28,639
Net result€25,368-€22,446▼ 11.5%€8,296▼ 63.0%€26,434▲ 219%
Equity€191,770-€214,216▲ 11.7%€222,512▲ 3.9%€248,945▲ 11.9%
Total assets€445,159-€412,848▼ 7.3%€439,442▲ 6.4%€402,534▼ 8.4%
Debt€253,389-€198,633▼ 21.6%€216,930▲ 9.2%€153,589▼ 29.2%
Working capital€183,184-€209,804▲ 14.5%€252,274▲ 20.2%€252,881▲ 0.2%
The operating result for 2021 is a profit of €28,639, after a loss of €231 in 2020.
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
2021 in colour, 2020 as the grey bar beneath
Assets €402,534
Fixed assets
€119,659 ▼ 16.8%
Current assets
€282,875 ▼ 4.3%
Equity and liabilities €402,534
Equity
€248,945 ▲ 11.9%
Debt
€153,589 ▼ 29.2%
Debt's share of the balance-sheet total falls from 49.4% to 38.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,881▲
2020 · €24,011
Cash flow
€50,676▲
2020 · €32,538
Current ratio
9.43▲
2020 · 6.83
Debt to equity
0.62▼
2020 · 0.65
ROE
10.6%▲
2020 · 3.7%
ROA
6.6%▲
2020 · 1.9%
Interest coverage
16.96
Debt ≤ 1 year
€29,993▼
2020 · €43,267
Debt > 1 year
€123,595▼
2020 · €143,664
Income taxes
€9,622▲
2020 · -€1,786
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 | €24,242 | €24,242 | €24,242 | €24,242 | = |
| Other operating charges640/8 | - | - | - | €6,139 | - |
| Gross operating margin9900 | €59,437 | €59,413 | €29,244 | €59,020 | ▲ 102% |
| Operating profit (loss)9901 | €30,761 | €30,730 | -€231 | €28,639 | - |
| Financial income75/76B | - | - | - | €10,535 | - |
| Recurring financial income75 | €9,633 | €10,903 | €10,254 | €10,535 | ▲ 2.7% |
| Financial charges65/66B | - | - | - | €3,118 | - |
| Recurring financial charges65 | €4,239 | €3,886 | €3,513 | €3,118 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €36,155 | €37,747 | €6,510 | €36,056 | ▲ 454% |
| Income taxes67/77 | €10,787 | €15,301 | -€1,786 | €9,622 | - |
| Profit (loss) for the period9904 | €25,368 | €22,446 | €8,296 | €26,434 | ▲ 219% |
| Profit (loss) for the period to be appropriated9905 | €25,368 | €22,446 | €8,296 | €26,434 | ▲ 219% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €445,159 | €412,848 | €439,442 | €402,534 | ▼ 8.4% |
| Fixed assets21/28 | €192,386 | €168,144 | €143,902 | €119,659 | ▼ 16.8% |
| Tangible fixed assets22/27 | €192,386 | €168,144 | €143,902 | €119,659 | ▼ 16.8% |
| Land and buildings22 | - | - | - | €119,659 | - |
| Current assets29/58 | €252,773 | €244,704 | €295,541 | €282,875 | ▼ 4.3% |
| Amounts receivable after more than one year29 | - | - | - | €257,366 | - |
| Other amounts receivable291 | - | - | - | €257,366 | - |
| Amounts receivable within one year40/41 | - | - | €8,447 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €8,397 | €4,518 | €7,728 | €14,975 | ▲ 93.8% |
| Deferred charges and accrued income490/1 | - | - | - | €10,535 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €445,159 | €412,848 | €439,442 | €402,534 | ▼ 8.4% |
| Equity10/15 | €191,770 | €214,216 | €222,512 | €248,945 | ▲ 11.9% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | - | - | €150,000 | - |
| Issued capital100 | - | - | - | €150,000 | - |
| Reserves13 | €41,770 | €64,216 | €72,512 | €98,945 | ▲ 36.5% |
| Non-distributable reserves130/1 | - | - | - | €15,000 | - |
| Legal reserve130 | - | - | - | €15,000 | - |
| Distributable reserves133 | - | - | - | €83,945 | - |
| Amounts payable17/49 | €253,389 | €198,633 | €216,930 | €153,589 | ▼ 29.2% |
| Amounts payable after more than one year17 | €183,800 | €163,732 | €143,664 | €123,595 | ▼ 14.0% |
| Financial debts170/4 | - | - | - | €123,595 | - |
| Amounts payable within one year42/48 | €69,589 | €34,901 | €43,267 | €29,993 | ▼ 30.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,068 | - |
| Financial debts43 | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | - |
| Trade debts44 | €15,793 | - | €17,335 | €303 | ▼ 98.3% |
| Suppliers440/4 | - | - | - | €303 | - |
| Taxes, remuneration and social security45 | - | - | - | €9,622 | - |
| Taxes450/3 | - | - | - | €9,622 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,368 | €22,446 | €8,296 | €26,434 | ▲ 219% |
| + Depreciation and write-downs630 | €24,242 | €24,242 | €24,242 | €24,242 | = |
| Operating cash flow (approximation) | €49,610 | €46,688 | €32,538 | €50,676 | ▲ 55.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€3,879 | €3,210 | €7,247 | ▲ 126% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | abbreviated format | 24-06-2022 | 2022-20092294 | |
| 31-12-2020 | abbreviated format | 17-06-2021 | 2021-20800565 | |
| 31-12-2019 | abbreviated format | 27-08-2020 | 2020-46200193 | |
| 31-12-2018 | abbreviated format | 20-06-2019 | 2019-19900300 | |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-34900318 | |
| 31-12-2016 | abbreviated format | 13-07-2017 | 2017-30200537 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-24200437 | |
| 31-12-2014 | abbreviated format | 17-07-2015 | 2015-31700025 | |
| 31-12-2013 | abbreviated format | 01-07-2014 | 2014-23700231 | |
| 31-12-2012 | abbreviated format | 03-07-2013 | 2013-25200135 |