KETCHUM
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-11-2021, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2020
95 d late
2019
27 d late
2018
22 d early
2017
111 d late
2016
368 d late
2015
235 d late
2014
416 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Turnover
€4.72M
EBIT margin
14.6%
Net result
€157k▼ 65.9%
2019 · €461k
2018: €467k
2019: €461k
2018 → 2020
Working capital
€2.02M▲ 8.9%
2019 · €1.85M
2018: €1.39M
2019: €1.85M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€4.72M-
Equity€1.46M-€1.92M▲ 31.6%€2.07M▲ 8.2%
Operating result€689k-€666k▼ 3.5%€255k▼ 61.7%
Net result€467k-€461k▼ 1.3%€157k▼ 65.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 62% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €3.36M
Fixed assets
€58k ▼ 10.9%
Current assets
€3.30M ▲ 22.6%
Equity and liabilities €3.36M
Equity
€2.07M ▲ 8.2%
Debt
€1.29M ▲ 52.8%
Debt's share of the balance-sheet total rises from 30.5% to 38.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€262k▼
2019 · €673k
Cash flow
€164k▼
2019 · €468k
Current ratio
2.57▼
2019 · 3.20
ROE
7.6%▼
2019 · 24.0%
ROA
4.7%▼
2019 · 16.7%
Debt ≤ 1 year
€1.29M▲
2019 · €841k
Income taxes
€92k▼
2019 · €202k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€2.76M€3.36M▲
Fixed assets21/28€65k€58k▼
Tangible fixed assets22/27€26k€19k▼
Financial fixed assets28€39k€39k=
Current assets29/58€2.69M€3.30M▲
Stocks and contracts in progress3€18k€6k▼
Amounts receivable within one year40/41€1.00M€1.79M▲
Cash at bank and in hand54/58€1.64M€1.49M▼
Equity and liabilities
Total equity and liabilities10/49€2.76M€3.36M▲
Equity10/15€1.92M€2.07M▲
Contributions10/11€101k€101k=
Reserves13€10k€10k=
Profit (loss) carried forward14€1.78M€1.93M▲
Amounts payable17/49€841k€1.29M▲
Amounts payable within one year42/48€841k€1.29M▲
Trade debts44€486k€936k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Gross operating margin9900€1.66M€1.02M▼
Operating profit (loss)9901€666k€255k▼
Recurring financial income75€2k€540▼
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€662k€249k▼
Income taxes67/77€202k€92k▼
Profit (loss) for the period9904€461k€157k▼
Profit (loss) for the period to be appropriated9905€461k€157k▼
Timeline · acts, filings and financial milestones
2023
03-01
State Gazette act
General meeting · Approval
Director appointment · Director discharge
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 95 days late
22-01
State Gazette act
Board meeting · Merger
Corporate purpose · Accounting effect
2020
31-12
Financial
Weakest financial yearnet €157k ▼65.9%
Net result drops to €157k, the lowest in the series.
31-12
Financial
Equity above €2MEq €2.07M ▲8.2%
3 profitable years in a row build equity to €2.07M.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 111 days late
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 368 days late
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 235 days late
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 416 days late
17-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 748 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 426 days late
2012
27-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
Acquisitions and mergers
1 transactionTaken over by:KETCHUM
Recognitions · licences · registrations
Legal Entity Identifier
549300BZ37YTHT4N8Y20