MAAR
Annual accounts 2019
micro format, filed on 31-10-2020, 92 days late€10,933
▼ 77.3%
-€17,088
▼ €13,660
-€19,429
▼ €12,559
-€5,942
▲ €15,258
-195.0%
▼ 72.2 percentage points
0.67
▲ 0.39
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €83,000. Estimated: probably between €38,000 and €200,000.
Balance sheet
balance sheet total €14,157 on 31-12-2019What the company ownsHow it is paid for
in euro
in euro
Staff
€23,661
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
14,157 | 13,139 | 16,232 | 17,454 | 24,236 | 14,261 | 63,052 | 76,178 | 82,689 | 89,463 | 92,412 | |
21/28 |
2,335 | 5,062 | 8,003 | 10,881 | 13,064 | 629 | 44,090 | 54,858 | 66,182 | 77,660 | 82,052 | |
22/27 |
2,167 | 4,837 | 7,835 | 10,713 | 12,607 | 461 | 43,922 | 54,690 | 66,014 | 77,457 | 81,884 | |
23 |
- | 1,706 | 3,740 | 5,774 | 6,825 | - | 42,999 | 53,013 | 62,444 | 72,030 | 74,566 | |
24 |
- | - | - | - | - | 461 | 923 | - | 215 | 395 | 662 | |
26 |
2,167 | 3,131 | 4,095 | 4,939 | 5,782 | - | - | - | - | - | - | |
28 |
168 | 225 | 168 | 168 | 457 | 168 | 168 | 168 | 168 | 203 | 168 | |
29/58 |
11,822 | 8,077 | 8,229 | 6,573 | 11,172 | 13,632 | 18,962 | 21,320 | 16,507 | 11,803 | 10,360 | |
3 |
5,058 | 5,057 | 4,037 | 3,250 | 5,053 | - | 580 | 492 | 1,264 | 1,333 | 908 | |
30/36 |
5,058 | 5,057 | 4,037 | 3,250 | 5,053 | - | 580 | 492 | 1,264 | 1,333 | 908 | |
40/41 |
4,036 | 54 | - | 386 | 792 | 9,203 | 10,384 | 12,330 | 9,748 | 2,585 | 1,244 | |
40 |
2,265 | - | - | - | 792 | 793 | 5,265 | 7,180 | 4,498 | 1,743 | 1,244 | |
41 |
1,771 | 54 | - | 386 | - | 8,410 | 5,119 | 5,150 | 5,250 | 842 | - | |
54/58 |
2,681 | 2,515 | 3,939 | 2,937 | 5,327 | 4,429 | 6,866 | 6,630 | 4,165 | 5,218 | 6,878 | |
490/1 |
47 | 451 | 253 | - | - | - | 1,132 | 1,868 | 1,330 | 2,667 | 1,330 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
14,157 | 13,139 | 16,232 | 17,454 | 24,236 | 14,261 | 63,052 | 76,178 | 82,689 | 89,463 | 92,412 | |
10/15 |
-27,607 | -16,138 | -9,268 | -9,953 | -4,002 | 4,938 | 649 | 4,625 | -6,328 | -6,724 | -8,560 | |
10/11 |
18,600 | 10,640 | 10,640 | 10,640 | 10,640 | 10,640 | 10,640 | 10,640 | 9,440 | 7,640 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 7,960 | 7,960 | 7,960 | 7,960 | 7,960 | 7,960 | 7,960 | 9,160 | 10,960 | 12,400 | |
14 |
-46,207 | -26,778 | -19,908 | -20,593 | -14,642 | -5,702 | -14,355 | -11,312 | -21,999 | -21,529 | -22,858 | |
15 |
- | - | - | - | - | - | 4,364 | 5,297 | 6,231 | 7,165 | 8,098 | |
16 |
- | - | - | - | - | - | 1,453 | 1,764 | 2,075 | 2,386 | 2,696 | |
168 |
- | - | - | - | - | - | 1,453 | 1,764 | 2,075 | 2,386 | 2,696 | |
17/49 |
41,764 | 29,277 | 25,500 | 27,407 | 28,238 | 9,323 | 60,950 | 69,789 | 86,942 | 93,801 | 98,276 | |
17 |
24,000 | - | - | - | - | 2,291 | 41,570 | 52,478 | 66,006 | 76,711 | 67,450 | |
170/4 |
24,000 | - | - | - | - | 2,291 | 41,570 | 52,478 | 66,006 | 76,711 | 67,450 | |
42/48 |
17,764 | 29,277 | 25,500 | 27,407 | 28,238 | 7,032 | 19,270 | 16,236 | 19,861 | 17,090 | 30,826 | |
42 |
- | - | - | - | 2,081 | 3,100 | 10,840 | 12,245 | 10,417 | 9,968 | 6,611 | |
43 |
15,223 | 15,588 | 8,905 | 9,441 | 6,418 | 3 | 3,303 | 900 | 6,184 | 2,152 | 30 | |
430/8 |
9,721 | 15,588 | 8,905 | 9,441 | 6,418 | 3 | 3,303 | 900 | 6,184 | 2,152 | 30 | |
439 |
5,502 | - | - | - | - | - | - | - | - | - | - | |
44 |
219 | 2,068 | 414 | 7,346 | 7,009 | 849 | 119 | - | 65 | 1,604 | 19,951 | |
440/4 |
219 | 2,068 | 414 | 7,346 | 7,009 | 849 | 119 | - | 65 | 1,604 | 19,951 | |
45 |
2,127 | 11,621 | 9,776 | 4,916 | 9,899 | 3,080 | 5,008 | 3,091 | 3,195 | 3,366 | 4,234 | |
450/3 |
294 | 2,424 | 2,698 | 3,848 | 5,004 | 1,922 | 1,046 | 1,387 | 1,119 | 1,335 | 2,450 | |
454/9 |
1,833 | 9,197 | 7,078 | 1,068 | 4,895 | 1,158 | 3,962 | 1,704 | 2,076 | 2,031 | 1,784 | |
47/48 |
195 | - | 6,405 | 5,704 | 2,831 | - | - | - | - | - | - | |
492/3 |
- | - | - | - | - | - | 110 | 1,075 | 1,075 | - | - | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | 47,160 | - | - | - | - | - | |
9900 |
10,933 | 48,213 | 51,403 | 53,434 | 17,108 | -17,156 | 50,543 | 67,863 | 49,905 | 48,926 | 16,900 | |
62 |
23,661 | 46,872 | 42,606 | 52,458 | 20,524 | 15,746 | 35,602 | 38,792 | 32,571 | 28,726 | 22,040 | |
630 |
2,670 | 2,997 | 2,878 | 2,877 | 3,131 | 621 | 12,649 | 12,070 | 11,443 | 11,923 | 10,807 | |
640/8 |
1,690 | 1,772 | 1,993 | 1,320 | 1,181 | 1,257 | 2,087 | 2,214 | 1,667 | 1,801 | 2,144 | |
9901 |
-17,088 | -3,428 | 3,926 | -3,221 | -7,728 | -34,780 | 205 | 14,787 | 4,224 | 6,476 | -18,091 | |
75/76B |
- | 11 | 4 | 43 | 314 | 4,364 | 987 | 949 | 952 | 1,229 | 934 | |
75 |
- | 11 | 4 | 43 | 314 | 4,364 | 987 | 949 | 952 | 1,229 | 934 | |
65/66B |
2,169 | 3,284 | 3,078 | 2,720 | 1,473 | 7,675 | 4,442 | 5,360 | 5,957 | 6,686 | 6,011 | |
65 |
2,169 | 3,284 | 3,078 | 2,720 | 1,473 | 7,675 | 4,442 | 5,360 | 5,957 | 6,686 | 6,011 | |
9903 |
-19,257 | -6,701 | 852 | -5,898 | -8,887 | 9,069 | -3,250 | 10,376 | -781 | 1,019 | -23,168 | |
67/77 |
172 | 169 | 167 | 53 | 53 | 1,869 | 104 | - | - | - | - | |
9904 |
-19,429 | -6,870 | 685 | -5,951 | -8,940 | 8,653 | -3,043 | 10,687 | -470 | 1,329 | -22,858 | |
9905 |
-19,429 | -6,870 | 685 | -5,951 | -8,940 | 8,653 | -3,043 | 10,687 | -470 | 1,329 | -22,858 | |
| Appropriation of the result | ||||||||||||
9906 |
-46,207 | -26,778 | -19,908 | -20,593 | -14,642 | -5,702 | -14,355 | -11,312 | -21,999 | -21,529 | -22,858 | |
| Social balance sheet | ||||||||||||
9087 |
1 | 1.5 | 1.5 | 1.5 | 0.6 | 0.3 | 1.1 | 1.4 | 1 | 1.1 | 0.9 | |
Hours worked1013 |
1,837 | 2,985 | 1,981 | 2,653 | 1,107 | 610 | 1,696 | 2,088 | 1,792 | 1,831 | 1,570 | |
| Document | ||||||||||||
Source: Annual accounts 2019 (PDF), filed on 31-10-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank2019 annual accounts filed 92 days after the deadline. Filed on 31 October 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-68200554.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | micro format | 31-10-2020 | 2020-68200554 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-61200591 | |
| 31-12-2017 | micro format | 07-09-2018 | 2018-62300247 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51600561 | |
| 31-12-2015 | full format | 28-09-2016 | 2016-63200069 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-51000217 | |
| 31-12-2013 | full format | 31-07-2014 | 2014-39200422 | |
| 31-12-2012 | full format | 26-07-2013 | 2013-35400475 | |
| 31-12-2011 | full format | 26-07-2012 | 2012-35400145 | |
| 31-12-2010 | full format | 25-07-2011 | 2011-34000580 | |
| 31-12-2009 | full format | 25-08-2010 | 2010-45000289 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14,418 | -431 | 6,804 | -344 | -4,597 | -34,159 | 12,854 | 26,857 | 15,667 | 18,399 | -7,284 | ||
| -16,759 | -3,873 | 3,563 | -3,074 | -5,809 | 9,274 | 9,606 | 22,757 | 10,973 | 13,252 | -12,051 | ||
| -57 | 57 | 0 | 983 | 15,566 | -42,840 | 1,881 | 746 | -35 | 7,531 | 92,859 | ||
| 166 | -1,424 | 1,002 | -2,390 | 898 | -2,437 | 236 | 2,465 | -1,053 | -1,660 | - | ||
| -5,942 | -21,200 | -17,271 | -20,834 | -17,066 | 6,600 | -308 | 5,084 | -3,354 | -5,287 | -20,466 | ||
| -195.0% | -122.8% | -57.1% | -57.0% | -16.5% | 34.6% | 1.0% | 6.1% | -7.7% | -7.5% | -9.3% | ||
| 0.67 | 0.28 | 0.32 | 0.24 | 0.40 | 1.94 | 0.98 | 1.31 | 0.83 | 0.69 | 0.34 | ||
| 0.38 | 0.10 | 0.16 | 0.12 | 0.22 | 1.94 | 0.95 | 1.28 | 0.77 | 0.61 | 0.31 | ||
| - | - | - | - | - | 1.89 | - | 15.09 | - | - | - | ||
| - | - | - | - | - | 175.2% | - | 231.1% | - | - | - | ||
| -137.2% | -52.3% | 4.2% | -34.1% | -36.9% | 60.7% | -4.8% | 14.0% | -0.6% | 1.5% | -24.7% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 MAAR
The operating result for 2019 is a loss of €17,088, larger than the loss of €3,428 in 2018. It is the lowest result since 2014.
Equity is negative. Debt (€41,764) exceeds the balance-sheet total (€14,157).