NORMEC SERVACO
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2021 was due at the National Bank by 31-07-2022. Nothing is on record, 1516 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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 · 2 filingsDeviation from the deadline
2021
not filed
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€945k▲ 508%
2019 · €155k
2019: €155k
2019 → 2020
EBIT margin
91.5%▲ 77.0pp
2019 · 14.4%
2019: 14.4%
2019 → 2020
Net result
€648k▲ 3,709%
2019 · €17k
2019: €17k
2019 → 2020
Working capital
€-2.10M▲ 55.5%
2019 · €-4.72M
2019: €-4.72M
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Turnover€155k-€945k▲ 508%
Equity€41.02M-€41.67M▲ 1.6%
Operating result€22k-€864k▲ 3,759%
Net result€17k-€648k▲ 3,709%
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 3,759% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €49.95M
Fixed assets
€46.18M ▼ 0.6%
Current assets
€3.78M ▲ 892%
Equity and liabilities €49.95M
Equity
€41.67M ▲ 1.6%
Debt
€8.29M ▲ 42.0%
Debt's share of the balance-sheet total rises from 12.5% to 16.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.64▲
2019 · 0.07
Debt to equity
0.06▲
2019 · 0.02
ROE
1.6%▲
2019 · 0.0%
ROA
1.3%▲
2019 · 0.0%
Debt ≤ 1 year
€5.88M▲
2019 · €5.10M
Debt > 1 year
€2.41M▲
2019 · €741k
Income taxes
€216k▲
2019 · €8k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€46.86M€49.95M▲
Fixed assets21/28€46.48M€46.18M▼
Financial fixed assets28€46.48M€46.18M▼
Current assets29/58€381k€3.78M▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€165k€1.95M▲
Cash at bank and in hand54/58€213k€1.80M▲
Equity and liabilities
Total equity and liabilities10/49€46.86M€49.95M▲
Equity10/15€41.02M€41.67M▲
Contributions10/11€41.00M€41.00M=
Reserves13€17k€665k▲
Amounts payable17/49€5.84M€8.29M▲
Amounts payable after more than one year17€741k€2.41M▲
Amounts payable within one year42/48€5.10M€5.88M▲
Trade debts44€70k€79k▲
Income statement
Code20192020
Turnover70€155k€945k▲
Operating profit (loss)9901€22k€864k▲
Recurring financial income75€3k€28k▲
Recurring financial charges65€647€29k▲
Debt charges650€647€28k▲
Profit (loss) for the period before taxes9903€25k€864k▲
Income taxes67/77€8k€216k▲
Profit (loss) for the period9904€17k€648k▲
Profit (loss) for the period to be appropriated9905€17k€648k▲
Timeline · acts, filings and financial milestones
2022
19-05
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
25-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
2021
22-11
State Gazette act
Merger · Corporate purpose
Capital · Net-asset statement
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
10-04
State Gazette act
General meeting · Registered-office move
Legal-form conversion · Net-asset statement · VAN MELKEBEKE Peter
State Gazette actNBB filing
0 of 7 acts read
About the unread acts
We know of 7 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
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
3 locations
1 location
Acquisitions and mergers
1 transactionTaken over by:VLAM-N-VEST