Marc Philippe-Anc. Ets A. MALLIEN

Active

Private limited companyfounded 199431 yrs activeRue de Hannut, Bierw. 9, 5380 Fernelmont, BelgiumKBO/BCE: BE 0454.221.405

Marc Philippe-Anc. Ets A. MALLIEN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €192k and a net result of €22k. Its solvency ranks better than 69% of 6636 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2020

75 / 100

Excellent= vs 2019

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2019

Profitability56▼-9

Solvency89▲+9

Growth52

Stability100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days only on tighter terms

Liquidity ample (current ratio 1.72 against 1.59 in 2019), but 51.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2020

Solvency, return and age of the figures

Solvency

48.4%

Return on assets

5.5%

Age of the figures

71 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

No filing for years

The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

30-09-2021 close30-04-2022 deadline15-09-2026 today

Filed more than 90 days late

The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 01-10-2021, 154 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 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

154 d late

2019

517 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2020, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€22k▼ 2.8%

2019 · €22k

2019: €22k

2019 → 2020

Working capital

€147k▲ 18.6%

2019 · €124k

2019: €124k

2019 → 2020

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020Trend

Equity€170k-€192k▲ 12.7%

Operating result€22k-€22k▼ 2.8%

Net result€22k-€22k▼ 2.8%

Result per fiscal year

Operating resultNet result

The operating result falls in 2020; 2020 is 3% below 2019.

Balance-sheet composition

2020 in colour, 2019 as the grey bar beneath

Assets €397k

11%

88.7%

Fixed assets €45k▼ 3.1%

Current assets €352k▲ 4.6%

Equity and liabilities €397k

48.4%

51.6%

Equity €192k▲ 12.7%

Debt €205k▼ 3.6%

The debt ratio falls from 55.5% to 51.6%: equity grows while debt is paid down.

Key figures and ratios

2020 value · change against 2019

EBITDA

€23k▼

2019 · €25k

Cash flow

€23k▼

2019 · €25k

Solvency

48.4%▲

2019 · 44.5%

Current ratio

1.72▲

2019 · 1.59

Quick ratio

1.64▲

2019 · 1.51

ROE

11.3%▼

2019 · 13.1%

ROA

5.5%▼

2019 · 5.8%

Debt

€205k▼

2019 · €212k

Debt ≤ 1 year

€205k▼

2019 · €212k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2020 against 2019

Balance sheet Code20192020

Assets

Total assets20/58€383k€397k▲

Fixed assets21/28€46k€45k▼

Tangible fixed assets22/27€46k€45k▼

Financial fixed assets28€95€95=

Current assets29/58€336k€352k▲

Stocks and contracts in progress3€16k€16k=

Amounts receivable within one year40/41€266k€274k▲

Current investments50/53€8k€8k=

Cash at bank and in hand54/58€46k€54k▲

Equity and liabilities

Total equity and liabilities10/49€383k€397k▲

Equity10/15€170k€192k▲

Contributions10/11€9k€9k=

Reserves13€58k€58k=

Profit (loss) carried forward14€103k€124k▲

Amounts payable17/49€212k€205k▼

Amounts payable within one year42/48€212k€205k▼

Trade debts44€64k€61k▼

Income statement Code20192020

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼

Gross operating margin9900€25k€24k▼

Operating profit (loss)9901€22k€22k▼

Profit (loss) for the period before taxes9903€22k€22k▼

Profit (loss) for the period9904€22k€22k▼

Profit (loss) for the period to be appropriated9905€22k€22k▼

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