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Private limited company (pre-2019)· 32 yrs active
Vliegplein 39F ·9991 Maldegem, Belgium
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BE 0452.404.733
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Turnover
EBIT margin
Net result€79k
Working capital€104k-46.6%
Directors1
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Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 20-09-2021 with the NBB · fiscal year 2020 · micro
€-200k€-100k€0€100k€200kOperating result 2018: €233k€233kNet result 2018: €-86k€-86kOperating result 2019: €-31k€-31kNet result 2019: €-123k€-123kOperating result 2020: €-16k€-16kNet result 2020: €79k€79k201820192020
Operating resultNet result
EBITDA
€-5k
+76.5% 18–20
Net profit
€79k
18–20
Cash flow
€90k
18–20
Total assets
€270k
-7.3% 18–20
Equity
€108k
-7.9% 18–20
Working capital
€104k
-46.6% 18–20
Income taxes
€83k
18–20
Debt
€162k
+89.4% 18–20
Debt ≤ 1y
€155k
+109.3% 18–20
Debt > 1y
€7k
-39.7% 18–20
Current ratio
1.67
-54.0% 18–20
Quick ratio
1.67
-54.0% 18–20
Solvency
40.0%
-0.6% 18–20
Debt / equity
0.06
-34.5% 18–20
ROE
72.9%
18–20
ROA
29.2%
18–20
Figures by fiscal year
Fiscal year2020
Revenue
EBITDA€-5k
Net profit€79k
Cash flow€90k
Staff costs
Income taxes€83k
Dividends
Total assets€270k
Equity€108k
Debt€162k
of which ≤ 1y€155k
of which > 1y€7k
Working capital€104k
Employees (FTE)
Ratios (computed)
2020
Current ratio1.67
Quick ratio1.67
Working capital ratio38.6%
Solvency40.0%
Debt / equity0.06
Long-term debt ratio0.06
Interest coverage
Gross margin
Net margin
ROA29.2%
ROE72.9%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet — Assets
TOTAL ASSETS 20/58€270k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€259k
Amounts receivable within one year 40/41€36k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€270k
Equity 10/15€108k
Reserves 13€90k
Accumulated profits (losses) 14€-86k
Amounts payable 17/49€162k
Amounts payable after one year 17€7k
Amounts payable within one year 42/48€155k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€-4k
Operating result 9901€-16k
Financial income 75€5k
Financial charges 65€4k
Result before taxes 9903€-15k
Income taxes 67/77€83k
Net result for the period 9904€-9k
Result to be appropriated 9905€202k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
30 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.