KEYTEC
InactiveFinancials · financial year 2021, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,019
2020 · €96,683
Working capital
€14,645▼ 20.6%
2020 · €18,440
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €3,995 in 2021 against €3,296 in 2020; the loss grows and 2021 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€3,995
2021
Net result-€4,019
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€781,839
2021
Equity€623,948
2021
Debt€157,891
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€14,645
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€200,195-€93,059▼ 53.5%-€3,296-€3,995▼ 21.2%
Net result€136,738-€64,850▼ 52.6%€96,683▲ 49.1%-€4,019
Equity€616,433-€531,283▼ 13.8%€627,966▲ 18.2%€623,948▼ 0.6%
Total assets€637,643-€711,291▲ 11.5%€782,086▲ 10.0%€781,839=
Debt€21,210-€180,007▲ 749%€154,120▼ 14.4%€157,891▲ 2.4%
Working capital-€1,321--€78,467▼ 5,842%€18,440€14,645▼ 20.6%
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €781,839
Fixed assets
€609,303 =
Current assets
€172,536 =
Equity and liabilities €781,839
Equity
€623,948 ▼ 0.6%
Debt
€157,891 ▲ 2.4%
Debt's share of the balance-sheet total rises from 19.7% to 20.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,772▼
2020 · -€3,072
Cash flow
-€3,795▼
2020 · €96,907
Current ratio
1.09▼
2020 · 1.12
Debt to equity
0.25
ROE
-0.6%▼
2020 · 15.4%
ROA
-0.5%▼
2020 · 12.4%
Interest coverage
-162.22
Debt ≤ 1 year
€157,891▲
2020 · €154,120
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 | €9,359 | €224 | €224 | €224 | = |
| Other operating charges640/8 | - | - | - | €80 | - |
| Gross operating margin9900 | €211,216 | €93,548 | -€3,072 | -€3,692 | ▼ 20.2% |
| Operating profit (loss)9901 | €200,195 | €93,059 | -€3,296 | -€3,995 | ▼ 21.2% |
| Recurring financial income75 | - | - | €100,000 | - | - |
| Financial charges65/66B | - | - | - | €23 | - |
| Recurring financial charges65 | €652 | €368 | €21 | €23 | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | €199,543 | €92,690 | €96,683 | -€4,019 | - |
| Income taxes67/77 | €62,805 | €27,840 | - | - | - |
| Profit (loss) for the period9904 | €136,738 | €64,850 | €96,683 | -€4,019 | - |
| Profit (loss) for the period to be appropriated9905 | €136,738 | €64,850 | €96,683 | -€4,019 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €637,643 | €711,291 | €782,086 | €781,839 | = |
| Fixed assets21/28 | €617,754 | €609,750 | €609,526 | €609,303 | = |
| Tangible fixed assets22/27 | €8,387 | €7,511 | €7,288 | €7,064 | ▼ 3.1% |
| Land and buildings22 | - | - | - | €7,064 | - |
| Financial fixed assets28 | €609,367 | €602,239 | €602,239 | €602,239 | = |
| Current assets29/58 | €19,890 | €101,540 | €172,560 | €172,536 | = |
| Amounts receivable within one year40/41 | - | €160 | - | - | - |
| Cash at bank and in hand54/58 | €14,769 | €101,381 | €172,560 | €172,536 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €637,643 | €711,291 | €782,086 | €781,839 | = |
| Equity10/15 | €616,433 | €531,283 | €627,966 | €623,948 | ▼ 0.6% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | - |
| Reserves13 | €466,085 | €466,085 | €466,085 | €466,085 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €464,225 | - |
| Profit (loss) carried forward14 | €137,948 | €52,798 | €149,481 | €145,462 | ▼ 2.7% |
| Amounts payable17/49 | €21,210 | €180,007 | €154,120 | €157,891 | ▲ 2.4% |
| Amounts payable within one year42/48 | €21,210 | €180,007 | €154,120 | €157,891 | ▲ 2.4% |
| Trade debts44 | €122 | €1,846 | €1,996 | €1,629 | ▼ 18.4% |
| Suppliers440/4 | - | - | - | €1,629 | - |
| Other amounts payable47/48 | - | - | - | €156,263 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €136,738 | €64,850 | €96,683 | -€4,019 | - |
| + Depreciation and write-downs630 | €9,359 | €224 | €224 | €224 | = |
| Operating cash flow (approximation) | €146,097 | €65,074 | €96,907 | -€3,795 | - |
| Investment in fixed assets (approximation) | - | €7,780 | €0 | €0 | - |
| Change in cash | - | €86,612 | €71,179 | -€23 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | full format | 07-06-2022 | 2022-20054599 |
| 31-12-2020 | full format | 08-06-2021 | 2021-18100286 |
| 31-12-2019 | micro format | 09-06-2020 | 2020-15500553 |
| 31-12-2018 | micro format | 14-05-2019 | 2019-13000275 |
| 31-12-2017 | micro format | 24-05-2018 | 2018-13600560 |
| 31-12-2016 | micro format | 23-05-2017 | 2017-13200209 |
| 31-12-2015 | full format | 13-06-2016 | 2016-17600083 |
| 31-12-2014 | full format | 05-05-2015 | 2015-11200406 |
| 31-12-2013 | full format | 12-05-2014 | 2014-11900476 |
| 31-12-2012 | full format | 16-05-2013 | 2013-12100318 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.