MATHIAS CONSTRUCT
InactiveFinancials · financial year 2020, micro format
2020 annual accounts filed 88 days after the deadline Filed on 27 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-73900367.
Annual accounts 2020 filed on 27-10-2021 PDF all 9 filings
Turnover
≈ €160,000
Estimated: probably between €95,000 and €280,000
Total assets
€198,165▲ 10.0%
2019 · €180,094
Net result
-€8,863▼ 90.1%
2019 · -€4,663
Working capital
€21,403▲ 26.0%
2019 · €16,991
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€15,243
▲ 301%
2020
20182020
Net result
-€8,863
▼ 90.1%
2020
20182020
Equity
€8,646
▼ 50.6%
2020
20182020
Total assets
€198,165
▲ 10.0%
2020
20182020
Debt
€189,519
▲ 16.6%
2020
20182020
Working capital
€21,403
▲ 26.0%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€80,974-€3,804▼ 95.3%€15,243▲ 301%
Net result€5,914--€4,663-€8,863▼ 90.1%
Equity€22,172-€17,509▼ 21.0%€8,646▼ 50.6%
Total assets€407,236-€180,094▼ 55.8%€198,165▲ 10.0%
Debt€379,645-€162,586▼ 57.2%€189,519▲ 16.6%
Working capital€294,181-€16,991▼ 94.2%€21,403▲ 26.0%
The operating result for 2020 is 4 times that of 2019. It is a recovery after the fall in 2019.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €198,165
Fixed assets
€37,982 ▼ 21.8%
Current assets
€160,184 ▲ 21.8%
Equity and liabilities €198,165
Equity
€8,646 ▼ 50.6%
Debt
€189,519 ▲ 16.6%
Debt's share of the balance-sheet total rises from 90.3% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€34,655
Cash flow
€10,550
Current ratio
1.15▲
2019 · 1.15
ROE
-102.5%▼
2019 · -26.6%
ROA
-4.5%▼
2019 · -2.6%
Debt ≤ 1 year
€138,780▲
2019 · €114,503
Income taxes
€21,087▲
2019 · €5,379
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €19,412 | - |
| Gross operating margin9900 | €116,390 | €10,577 | €39,327 | ▲ 272% |
| Operating profit (loss)9901 | €80,974 | €3,804 | €15,243 | ▲ 301% |
| Recurring financial income75 | - | €612 | €52 | ▼ 91.4% |
| Recurring financial charges65 | €40,235 | €3,700 | €3,070 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €40,738 | €716 | €12,225 | ▲ 17× |
| Income taxes67/77 | €34,825 | €5,379 | €21,087 | ▲ 292% |
| Profit (loss) for the period9904 | €5,914 | -€4,663 | -€8,863 | ▼ 90.1% |
| Profit (loss) for the period to be appropriated9905 | €5,914 | -€4,663 | -€8,863 | ▼ 90.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €407,236 | €180,094 | €198,165 | ▲ 10.0% |
| Fixed assets21/28 | €48,601 | €48,601 | €37,982 | ▼ 21.8% |
| Tangible fixed assets22/27 | €42,918 | €42,918 | €32,299 | ▼ 24.7% |
| Financial fixed assets28 | €5,683 | €5,683 | €5,683 | = |
| Current assets29/58 | €358,635 | €131,493 | €160,184 | ▲ 21.8% |
| Amounts receivable within one year40/41 | €353,660 | €80,451 | €72,770 | ▼ 9.5% |
| Cash at bank and in hand54/58 | €4,975 | €9,275 | €2,405 | ▼ 74.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €407,236 | €180,094 | €198,165 | ▲ 10.0% |
| Equity10/15 | €22,172 | €17,509 | €8,646 | ▼ 50.6% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €733 | €733 | €733 | = |
| Profit (loss) carried forward14 | €2,838 | -€1,825 | -€10,687 | ▼ 486% |
| Provisions and deferred taxes16 | €5,419 | - | - | - |
| Amounts payable17/49 | €379,645 | €162,586 | €189,519 | ▲ 16.6% |
| Amounts payable after more than one year17 | €11,911 | €2,040 | - | - |
| Amounts payable within one year42/48 | €64,454 | €114,503 | €138,780 | ▲ 21.2% |
| Trade debts44 | €49,269 | €103,386 | €67,856 | ▼ 34.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,914 | -€4,663 | -€8,863 | ▼ 90.1% |
| + Depreciation and write-downs630 | - | - | €19,412 | - |
| Operating cash flow (approximation) | €5,914 | -€4,663 | €10,550 | - |
| Investment in fixed assets (approximation) | - | €0 | -€8,793 | - |
| Change in cash | - | €4,301 | -€6,871 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 27-10-2021 | 2021-73900367 | |
| 31-12-2019 | micro format | 27-11-2020 | 2020-72700520 | |
| 31-12-2018 | micro format | 21-01-2020 | 2020-01800299 | |
| 31-12-2017 | micro format | 24-09-2018 | 2018-64300227 | |
| 31-12-2016 | micro format | 27-07-2017 | 2017-37400533 | |
| 31-12-2015 | abbreviated format | 28-07-2016 | 2016-37400084 | |
| 31-12-2014 | abbreviated format | 12-08-2015 | 2015-41300434 | |
| 31-12-2013 | abbreviated format | 29-07-2014 | 2014-35800204 | |
| 31-12-2012 | abbreviated format | 29-07-2013 | 2013-36700502 |