NDB LOGISTICS
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 27-02-2022, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2021
27 d late
2020
29 d early
2019
37 d early
2018
41 d early
2017
43 d early
2016
45 d early
2015
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€3.02M▼ 55.7%
2020 · €6.81M
2018: €8.24Mhighest in 4 years
2019: €7.69M▼ -6.6% vs 2018
2020: €6.81M▼ -11.4% vs 2019
2021: €3.02M▼ -55.7% vs 2020lowest in 4 years
2018 → 2021
EBIT margin
1.8%▼ 0.8pp
2020 · 2.6%
2018: 5.2%highest in 4 years
2019: 1.4%▼ -72.6% vs 2018lowest in 4 years
2020: 2.6%▲ +80.1% vs 2019
2021: 1.8%▼ -31.7% vs 2020
2018 → 2021
Net result
€33k▼ 81.1%
2020 · €177k
2018: €445khighest in 4 years
2019: €119k▼ -73.2% vs 2018
2020: €177k▲ +48.3% vs 2019
2021: €33k▼ -81.1% vs 2020lowest in 4 years
2018 → 2021
Working capital
€2.55M▲ 7.9%
2020 · €2.36M
2018: €1.65Mlowest in 4 years
2019: €2.10M▲ +27.5% vs 2018
2020: €2.36M▲ +12.6% vs 2019
2021: €2.55M▲ +7.9% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€8.24M-€7.69M▼ 6.6%€6.81M▼ 11.4%€3.02M▼ 55.7%
2018: €8.24Mhighest in 4 years
2019: €7.69M▼ -6.6% vs 2018
2020: €6.81M▼ -11.4% vs 2019
2021: €3.02M▼ -55.7% vs 2020lowest in 4 years
Equity€2.29M-€2.65M▲ 15.9%€2.83M▲ 6.7%€2.86M▲ 1.2%
2018: €2.29Mlowest in 4 years
2019: €2.65M▲ +15.9% vs 2018
2020: €2.83M▲ +6.7% vs 2019
2021: €2.86M▲ +1.2% vs 2020highest in 4 years
Operating result€429k-€110k▼ 74.4%€175k▲ 59.6%€53k▼ 69.7%
2018: €429khighest in 4 years
2019: €110k▼ -74.4% vs 2018
2020: €175k▲ +59.6% vs 2019
2021: €53k▼ -69.7% vs 2020lowest in 4 years
Net result€445k-€119k▼ 73.2%€177k▲ 48.3%€33k▼ 81.1%
2018: €445khighest in 4 years
2019: €119k▼ -73.2% vs 2018
2020: €177k▲ +48.3% vs 2019
2021: €33k▼ -81.1% vs 2020lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 70% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.33M
Fixed assets
€345k ▼ 25.4%
Current assets
€2.99M ▼ 4.5%
Equity and liabilities €3.33M
Equity
€2.86M ▲ 1.2%
Debt
€473k ▼ 38.2%
Debt's share of the balance-sheet total falls from 21.3% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€168k▼
2020 · €487k
Cash flow
€148k▼
2020 · €488k
Current ratio
6.82▲
2020 · 4.09
ROE
1.2%▼
2020 · 6.3%
ROA
1.0%▼
2020 · 4.9%
Debt ≤ 1 year
€438k▼
2020 · €766k
Income taxes
€19k▲
2020 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 25 lines
Balance sheet
Code20202021
Assets
Total assets20/58€3.59M€3.33M▼
Fixed assets21/28€463k€345k▼
Intangible fixed assets21€8k€7k▼
Tangible fixed assets22/27€452k€335k▼
Financial fixed assets28€3k€3k=
Current assets29/58€3.13M€2.99M▼
Amounts receivable within one year40/41€1.31M€2.39M▲
Cash at bank and in hand54/58€1.75M€541k▼
Equity and liabilities
Total equity and liabilities10/49€3.59M€3.33M▼
Equity10/15€2.83M€2.86M▲
Contributions10/11€1.04M€1.04M=
Reserves13€1.79M€1.82M▲
Profit (loss) carried forward14-€6k
Amounts payable17/49€766k€473k▼
Amounts payable within one year42/48€766k€438k▼
Trade debts44€388k€90k▼
Income statement
Code20202021
Turnover70€6.81M€3.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€311k€115k▼
Operating profit (loss)9901€175k€53k▼
Recurring financial income75€9k€1k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€178k€52k▼
Income taxes67/77€1k€19k▲
Profit (loss) for the period9904€177k€33k▼
Profit (loss) for the period to be appropriated9905€96k€6k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €8.24M | €7.69M | €6.81M | €3.02M | ▼ 55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €423k | €387k | €311k | €115k | ▼ 63.0% |
| Operating profit (loss)9901 | €429k | €110k | €175k | €53k | ▼ 69.7% |
| Recurring financial income75 | €20k | €14k | €9k | €1k | ▼ 86.5% |
| Recurring financial charges65 | €4k | €3k | €8k | €2k | ▼ 75.9% |
| Debt charges650 | €909 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €445k | €121k | €178k | €52k | ▼ 70.6% |
| Income taxes67/77 | - | €2k | €1k | €19k | ▲ 1,221% |
| Profit (loss) for the period9904 | €445k | €119k | €177k | €33k | ▼ 81.1% |
| Profit (loss) for the period to be appropriated9905 | €445k | €99k | €96k | €6k | ▼ 94.2% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.92M | €3.91M | €3.59M | €3.33M | ▼ 7.2% |
| Fixed assets21/28 | €640k | €550k | €463k | €345k | ▼ 25.4% |
| Intangible fixed assets21 | €10k | €9k | €8k | €7k | ▼ 8.7% |
| Tangible fixed assets22/27 | €618k | €527k | €452k | €335k | ▼ 25.8% |
| Financial fixed assets28 | €12k | €14k | €3k | €3k | = |
| Current assets29/58 | €2.28M | €3.36M | €3.13M | €2.99M | ▼ 4.5% |
| Amounts receivable within one year40/41 | €1.57M | €1.44M | €1.31M | €2.39M | ▲ 81.7% |
| Cash at bank and in hand54/58 | €685k | €1.90M | €1.75M | €541k | ▼ 69.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.92M | €3.91M | €3.59M | €3.33M | ▼ 7.2% |
| Equity10/15 | €2.29M | €2.65M | €2.83M | €2.86M | ▲ 1.2% |
| Contributions10/11 | €1.00M | €1.04M | €1.04M | €1.04M | = |
| Reserves13 | €1.29M | €1.61M | €1.79M | €1.82M | ▲ 1.6% |
| Profit (loss) carried forward14 | - | - | - | €6k | - |
| Amounts payable17/49 | €637k | €1.26M | €766k | €473k | ▼ 38.2% |
| Amounts payable within one year42/48 | €637k | €1.26M | €766k | €438k | ▼ 42.8% |
| Trade debts44 | €441k | €833k | €388k | €90k | ▼ 76.8% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €445k | €119k | €177k | €33k | ▼ 81.1% |
| + Depreciation and write-downs630 | €423k | €387k | €311k | €115k | ▼ 63.0% |
| Operating cash flow (approximation) | €868k | €506k | €488k | €148k | ▼ 69.6% |
| Investment in fixed assets (approximation) | - | €-297k | €-224k | €2k | ▲ 101% |
| Change in cash | - | €1.21M | €-144k | €-1.21M | ▼ 742% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
27-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 27 days late
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Weakest financial yearnet €33k ▼81.1%
Net result drops to €33k, the lowest in the series.
27-05
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
17-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Van Moer Transport