MULTIVERSO
Open bankruptcyFinancials · financial year 2020, micro format
Annual accounts 2020 filed on 09-04-2021 PDF all 15 filings
Turnover
€863,225▲ 552%
2018 · €132,458
EBIT margin
0.2%▼ 6.6pp
2018 · 6.8%
Net result
-€89,637
2019 · €1,442
Working capital
-€18,799
2019 · €57,738
Multi-year overview
2018 to 2020, 3 financial yearsTurnover
no figure
2020
20182020
Operating result
-€89,118
2020
20182020
Net result
-€89,637
2020
lowest quarter of the sector
20182020
EBIT margin
no figure
2020
20182020
Equity
-€18,799
2020
lowest quarter of the sector
20182020
Total assets
€18
▼ 100.0%
2020
lowest quarter of the sector
20182020
Debt
€18,817
▼ 48.8%
2020
20182020
Working capital
-€18,799
2020
lowest quarter of the sector
20182020
Solvency
no figure
2020
20182020
Current ratio
no figure
2020
20182020
Return on assets (ROA)
no figure
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Turnover€132,458-€863,225▲ 552%
Operating result€8,981-€1,598▼ 82.2%-€89,118
Net result€6,435-€1,442▼ 77.6%-€89,637below the sector's middle half
EBIT margin6.8%-0.2%▼ 6.6pp
Equity€60,096-€61,538▲ 2.4%-€18,799below the sector's middle half
Total assets€67,703-€98,306▲ 45.2%€18below the sector's middle half▼ 100.0%
Debt€7,607-€36,768▲ 383%€18,817▼ 48.8%
Working capital€36,527-€57,738▲ 58.1%-€18,799below the sector's middle half
Solvency88.8%-62.6%▼ 26.2pp
Current ratio5.80-2.57▼ 3.23
Return on assets (ROA)9.5%-1.5%▼ 8.0pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2020 is a loss of €89,118, after a profit of €1,598 in 2019. It is the lowest result since 2018.
Key figures and ratios
Debt ≤ 1 year
€18,817▼
2019 · €36,768
The ratios are withheld because a balance sheet total of €18 is too small for a meaningful ratio.
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 |
|---|---|---|---|---|
| Turnover70 | €132,458 | €863,225 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,811 | - | - | - |
| Gross operating margin9900 | €14,792 | €68,653 | -€77,970 | - |
| Operating profit (loss)9901 | €8,981 | €1,598 | -€89,118 | - |
| Recurring financial charges65 | €401 | €156 | €519 | ▲ 233% |
| Profit (loss) for the period before taxes9903 | €8,580 | €1,442 | -€89,637 | - |
| Income taxes67/77 | €2,145 | - | - | - |
| Profit (loss) for the period9904 | €6,435 | €1,442 | -€89,637 | - |
| Profit (loss) for the period to be appropriated9905 | €6,435 | €1,442 | -€89,637 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €67,703 | €98,306 | €18 | ▼ 100.0% |
| Fixed assets21/28 | €23,569 | €3,800 | - | - |
| Tangible fixed assets22/27 | €23,243 | - | - | - |
| Financial fixed assets28 | €326 | €3,800 | - | - |
| Current assets29/58 | €44,134 | €94,506 | €18 | ▼ 100.0% |
| Stocks and contracts in progress3 | €35,258 | €55,516 | - | - |
| Amounts receivable within one year40/41 | €7,511 | €33,158 | - | - |
| Cash at bank and in hand54/58 | €1,365 | €5,832 | €18 | ▼ 99.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €67,703 | €98,306 | €18 | ▼ 100.0% |
| Equity10/15 | €60,096 | €61,538 | -€18,799 | - |
| Contributions10/11 | €6,200 | €6,200 | €15,500 | ▲ 150% |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €52,036 | €53,478 | -€36,159 | - |
| Amounts payable17/49 | €7,607 | €36,768 | €18,817 | ▼ 48.8% |
| Amounts payable within one year42/48 | €7,607 | €36,768 | €18,817 | ▼ 48.8% |
| Trade debts44 | €5,462 | €7,633 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,435 | €1,442 | -€89,637 | - |
| + Depreciation and write-downs630 | €5,811 | - | - | - |
| Operating cash flow (approximation) | €12,246 | €1,442 | -€89,637 | - |
| Investment in fixed assets (approximation) | - | €19,769 | - | - |
| Change in cash | - | €4,467 | -€5,814 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 09-04-2021 | 2021-10100090 | |
| 31-12-2019 | micro format | 02-07-2020 | 2020-26500185 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-60700078 | |
| 31-12-2017 | micro format | 31-10-2018 | 2018-71700119 | |
| 31-12-2016 | micro format | 26-09-2017 | 2017-63900014 | |
| 31-12-2015 | full format | 08-11-2016 | 2016-67600569 | |
| 31-12-2014 | abbreviated format | 30-05-2016 | 2016-13800124 | |
| 31-12-2013 | abbreviated format | 12-09-2014 | 2014-58500188 | |
| 31-12-2012 | full format | 03-07-2013 | 2013-26300018 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-47200484 |