J.A. CONSTRUCT
Annual accounts 2020
micro format, filed on 21-06-2022, 325 days lateGross margin
-€6,003
▲ €7,801
Operating result
-€6,941
▲ €12,491
Loss
-€7,043
▲ €11,792
Working capital
-€837
▼ €6,688
Solvency
-
Current ratio
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €84 on 31-12-2020What the company ownsHow it is paid for
Change in equityin euro
Change in cash
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
Total assets20/58 |
84 | 9,500 | 29,849 | 78,340 | 49,368 | 55,584 | 75,881 | 50,478 | |
Fixed assets21/28 |
- | 355 | 1,132 | 2,465 | 9,808 | 16,417 | 14,133 | 1,869 | |
Tangible fixed assets22/27 |
0 | 355 | 1,132 | 2,465 | 9,808 | 16,417 | 14,133 | 1,869 | |
Plant, machinery and equipment23 |
- | - | 423 | 1,534 | 2,903 | 2,814 | 1,312 | 838 | |
Furniture and vehicles24 |
- | 355 | 710 | 932 | 6,905 | 13,603 | 12,821 | 1,031 | |
Current assets29/58 |
84 | 9,145 | 28,717 | 75,874 | 39,559 | 39,167 | 61,748 | 48,609 | |
Amounts receivable within one year40/41 |
84 | 7,074 | 11,615 | 63,073 | 37,015 | 34,179 | 50,056 | 47,499 | |
Trade receivables40 |
- | - | 4,200 | 54,545 | 30,896 | 25,079 | 38,498 | 44,805 | |
Other amounts receivable41 |
84 | 7,074 | 7,415 | 8,528 | 6,119 | 9,100 | 11,558 | 2,694 | |
Cash at bank and in hand54/58 |
- | 2,071 | 17,102 | 12,801 | 2,545 | 4,988 | 11,692 | 1,110 | |
| Balance sheet: equity and liabilities | |||||||||
Total equity and liabilities10/49 |
84 | 9,500 | 29,849 | 78,340 | 49,368 | 55,584 | 75,881 | 50,478 | |
Equity10/15 |
-837 | 6,206 | 25,041 | 42,321 | 32,936 | 36,348 | 30,771 | 23,405 | |
Contributions10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
Capital10 |
6,200 | - | - | - | - | - | - | - | |
Issued capital100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
Reserves13 |
1,860 | 1,860 | 10,360 | 10,360 | 10,360 | 10,360 | 10,360 | 10,360 | |
Non-distributable reserves130/1 |
1,860 | - | - | - | - | - | - | - | |
Legal reserve130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
Tax-exempt reserves132 |
- | - | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | |
Profit (loss) carried forward14 |
-8,897 | -1,854 | 8,481 | 25,761 | 16,376 | 19,788 | 14,211 | 6,845 | |
Amounts payable17/49 |
921 | 3,294 | 4,808 | 36,018 | 16,431 | 19,236 | 45,110 | 27,073 | |
Amounts payable after more than one year17 |
- | - | - | - | - | 4,524 | 4,524 | - | |
Financial debts170/4 |
- | - | - | - | - | 4,524 | 4,524 | - | |
Amounts payable within one year42/48 |
921 | 3,294 | 4,808 | 36,018 | 16,431 | 14,712 | 40,587 | 27,073 | |
Current portion of amounts payable after more than one year42 |
- | - | - | - | - | - | 8,016 | - | |
Trade debts44 |
- | 2,779 | 4,707 | 31,568 | 13,056 | 9,902 | 28,717 | 20,481 | |
Suppliers440/4 |
- | 2,779 | 4,707 | 31,568 | 13,056 | 9,902 | 28,717 | 20,481 | |
Taxes, remuneration and social security45 |
- | 515 | 101 | 4,450 | 3,376 | 4,810 | 3,853 | 5,859 | |
Taxes450/3 |
- | 515 | 101 | 4,450 | 176 | 3,453 | 3,853 | 3,149 | |
Remuneration and social security454/9 |
- | - | - | - | 3,199 | 1,358 | - | 2,710 | |
Other amounts payable47/48 |
921 | - | - | - | - | - | - | 733 | |
| Income statement | |||||||||
Gross operating margin9900 |
-6,003 | -13,804 | 58,160 | 25,681 | 15,551 | 28,551 | 23,223 | 22,951 | |
Goods, raw materials, services and sundry goods60/61 |
6,003 | - | - | - | - | - | - | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
355 | 778 | 2,397 | 6,010 | 13,095 | 11,145 | 7,332 | 1,092 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | - | 65,708 | - | - | - | - | - | |
Other operating charges640/8 |
583 | - | 2,694 | 3,362 | 2,400 | 3,209 | 3,141 | 809 | |
Non-recurring operating charges66A |
- | 4,850 | 5,000 | 1,333 | - | 448 | - | - | |
Operating profit (loss)9901 |
-6,941 | -19,432 | -17,640 | 14,976 | 56 | 14,197 | 12,751 | 21,049 | |
Financial income75/76B |
- | 596 | 473 | 184 | 6 | 4 | - | - | |
Recurring financial income75 |
- | 596 | 473 | 184 | 6 | 4 | - | - | |
Financial charges65/66B |
102 | - | 99 | 1,281 | 3,474 | 4,974 | 1,470 | 696 | |
Recurring financial charges65 |
102 | - | 99 | 1,281 | 3,474 | 4,974 | 1,470 | 696 | |
Profit (loss) for the period before taxes9903 |
-7,043 | -18,835 | -17,266 | 13,880 | -3,413 | 8,780 | 11,281 | 20,353 | |
Income taxes67/77 |
- | - | 15 | 4,495 | -1 | 3,202 | 3,915 | 3,149 | |
Profit (loss) for the period9904 |
-7,043 | -18,835 | -17,280 | 9,385 | -3,412 | 5,578 | 7,366 | 17,205 | |
Transfer from tax-exempt reserves789 |
- | 8,500 | - | - | - | - | - | - | |
Transfer to tax-exempt reserves689 |
- | - | - | - | - | - | - | 8,500 | |
Profit (loss) for the period to be appropriated9905 |
-7,043 | -10,335 | -17,280 | 9,385 | -3,412 | 5,578 | 7,366 | 8,705 | |
| Appropriation of the result | |||||||||
Profit (loss) to be appropriated9906 |
-8,897 | -1,854 | 8,481 | 25,761 | 16,376 | 19,788 | 14,211 | 8,705 | |
Profit (loss) brought forward from the previous period14P |
-1,854 | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | - | - | 1,860 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | 1,860 | |
| Document | |||||||||
The notes to these accounts have 3 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 21-06-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 325 days after the deadline. Filed on 21 June 2022, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2022-20076888.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 21-06-2022 | 2022-20076888 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-58500449 | |
| 31-12-2018 | micro format | 06-07-2020 | 2020-27300285 | |
| 31-12-2017 | full format | 27-08-2018 | 2018-51300297 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-65500287 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-58600109 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57400063 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-56500190 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -6,586 | -18,654 | -15,243 | 20,986 | 13,151 | 25,342 | 20,083 | 22,142 | |
| Cash flow | -6,688 | -18,058 | -14,883 | 15,395 | 9,683 | 16,722 | 14,698 | 18,297 | |
| Investment in fixed assets (approximation) | 0 | 0 | 1,064 | -1,333 | 5,184 | 13,429 | 19,596 | 2,961 | |
| Change in cash | - | -15,031 | 4,301 | 10,257 | -2,444 | -6,704 | 10,581 | - | |
| Working capital | -837 | 5,851 | 23,909 | 39,856 | 23,128 | 24,455 | 21,161 | 21,536 | |
| Solvency | - | 65.3% | 83.9% | 54.0% | 66.7% | 65.4% | 40.6% | 46.4% | |
| Current ratio | - | 2.78 | 5.97 | 2.11 | 2.41 | 2.66 | 1.52 | 1.80 | |
| Debt to equity | - | 0.53 | 0.19 | 0.85 | 0.50 | 0.53 | 1.47 | 1.16 | |
| ROE | - | -303.5% | -69.0% | 22.2% | -10.4% | 15.3% | 23.9% | 73.5% | |
| ROA | - | -198.3% | -57.9% | 12.0% | -6.9% | 10.0% | 9.7% | 34.1% | |
| Interest coverage | -64.57 | - | - | - | - | - | - | - |
The ratios are withheld because a balance sheet total of €84 is too small for a meaningful ratio.
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 J.A. CONSTRUCT
The operating result for 2020 is a loss of €6,941, smaller than the loss of €19,432 in 2019.
Equity is negative. Debt (€921) exceeds the balance-sheet total (€84).