JORISCO
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 04-06-2021, 57 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2020
57 d early
2019
37 d early
2018
97 d early
2017
92 d early
2016
42 d early
2015
109 d early
2014
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 66 days before the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, abbreviated schema
Equity
€315,671▼ 39.6%
2019 · €522,603
Total assets
€1.3m▼ 25.2%
2019 · €1.7m
Net result
-€206,931▲ 26.5%
2019 · -€281,620
Working capital
€194,180▲ 83.8%
2019 · €105,628
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020
Operating result-€27,276--€192,145▼ 604%
Net result-€281,620--€206,931▲ 26.5%
Equity€522,603-€315,671▼ 39.6%
Total assets€1.7m-€1.3m▼ 25.2%
Debt€1.2m-€941,097▼ 18.6%
Working capital€105,628-€194,180▲ 83.8%
Staff (FTE)8.4-2▼ 76.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €192,145 in 2020 against €27,276 in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.3m
Fixed assets
€121,491 ▼ 70.9%
Current assets
€1.1m ▼ 10.0%
Equity and liabilities €1.3m
Equity
€315,671 ▼ 39.6%
Debt
€941,097 ▼ 18.6%
Debt's share of the balance-sheet total rises from 68.9% to 74.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€103,554▼
2019 · €968,902
Cash flow
€88,768▼
2019 · €714,559
Current ratio
1.21▲
2019 · 1.09
ROE
-65.6%▼
2019 · -53.9%
ROA
-16.5%▲
2019 · -16.8%
Debt ≤ 1 year
€941,097▼
2019 · €1.2m
Income taxes
€8,088▼
2019 · €191,853
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €996,179 | €295,700 | ▼ 70.3% |
| Gross operating margin9900 | €1.8m | €358,644 | ▼ 80.4% |
| Operating profit (loss)9901 | -€27,276 | -€192,145 | ▼ 604% |
| Recurring financial income75 | €2,146 | €72 | ▼ 96.7% |
| Recurring financial charges65 | €64,638 | €6,770 | ▼ 89.5% |
| Profit (loss) for the period before taxes9903 | -€89,768 | -€198,844 | ▼ 122% |
| Income taxes67/77 | €191,853 | €8,088 | ▼ 95.8% |
| Profit (loss) for the period9904 | -€281,620 | -€206,931 | ▲ 26.5% |
| Profit (loss) for the period to be appropriated9905 | -€281,620 | -€206,931 | ▲ 26.5% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.7m | €1.3m | ▼ 25.2% |
| Fixed assets21/28 | €417,191 | €121,491 | ▼ 70.9% |
| Intangible fixed assets21 | €386,999 | €111,655 | ▼ 71.1% |
| Tangible fixed assets22/27 | €29,561 | €9,205 | ▼ 68.9% |
| Financial fixed assets28 | €631 | €631 | = |
| Current assets29/58 | €1.3m | €1.1m | ▼ 10.0% |
| Amounts receivable within one year40/41 | €899,433 | €671,399 | ▼ 25.4% |
| Cash at bank and in hand54/58 | €354,990 | €444,589 | ▲ 25.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.7m | €1.3m | ▼ 25.2% |
| Equity10/15 | €522,603 | €315,671 | ▼ 39.6% |
| Contributions10/11 | €61,500 | €61,500 | = |
| Reserves13 | €461,103 | €254,171 | ▼ 44.9% |
| Amounts payable17/49 | €1.2m | €941,097 | ▼ 18.6% |
| Amounts payable within one year42/48 | €1.2m | €941,097 | ▼ 18.6% |
| Trade debts44 | €381,612 | €138,104 | ▼ 63.8% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€281,620 | -€206,931 | ▲ 26.5% |
| + Depreciation and write-downs630 | €996,179 | €295,700 | ▼ 70.3% |
| Operating cash flow (approximation) | €714,559 | €88,768 | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €89,599 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
20-08
State Gazette act
General meeting · Merger
Capital increase · Share issue
22-06
State Gazette act
Merger · Permanent representative
Corporate purpose · Net-asset statement
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
04-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
State Gazette actNBB filing
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:VAVATO