NOSHAQ EUROPE 2
InactiveNo longer registered with the KBO; 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 · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-12-2021, 144 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 filingsDeviation from the deadline
2020
144 d late
2020
54 d early
2019
50 d early
2018
50 d early
2017
51 d early
2016
47 d early
2015
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
€3k▲ 20.0%
2020 · €3k
2019: €4k
2020: €3k
2019 → 2020
EBIT margin
-34770.9%▲ 43874.2pp
2020 · -78645.1%
2019: -41831.2%
2020: -78645.1%
2019 → 2020
Net result
€-71k▲ 90.9%
2020 · €-778k
2019: €589k
2020: €-778k
2019 → 2020
Working capital
€52.75M▲ 7.9%
2020 · €48.89M
2019: €37.10M
2020: €48.89M
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202020Trend
Turnover€4k-€3k▼ 37.5%€3k▲ 20.0%
Equity€89.42M-€88.64M▼ 0.9%€88.57M▼ 0.1%
Operating result€-1.67M-€-1.97M▼ 17.5%€-1.04M▲ 46.9%
Net result€589k-€-778k€-71k▲ 90.9%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2020 in colour, 2020 as the grey bar beneath
Assets €89.65M
Fixed assets
€36.85M▼ 11.7%
Current assets
€52.80M▲ 7.9%
Equity and liabilities €89.65M
Equity
€88.57M▼ 0.1%
Debt
€1.08M▼ 46.1%
The debt ratio falls from 2.2% to 1.2%. Equity and debt are lower.
Key figures and ratios
Solvency
98.8%▲
2020 · 97.8%
ROE
-0.1%▲
2020 · -0.9%
ROA
-0.1%▲
2020 · -0.9%
Debt
€1.08M▼
2020 · €2.00M
Debt ≤ 1 year
€50k▲
2020 · €39k
A ratio outside any meaningful range has been withheld (balance sheet total €89.65M, equity €88.57M).
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 2020
Balance sheet
Code20202020
Assets
Total assets20/58€90.64M€89.65M▼
Fixed assets21/28€41.71M€36.85M▼
Financial fixed assets28€41.71M€36.85M▼
Current assets29/58€48.93M€52.80M▲
Amounts receivable within one year40/41€38.70M€45.07M▲
Current investments50/53€3.22M€3.22M=
Cash at bank and in hand54/58€6.91M€4.32M▼
Equity and liabilities
Total equity and liabilities10/49€90.64M€89.65M▼
Equity10/15€88.64M€88.57M▼
Contributions10/11€94.69M€94.69M=
Profit (loss) carried forward14€-6.05M€-6.12M▼
Amounts payable17/49€2.00M€1.08M▼
Amounts payable within one year42/48€39k€50k▲
Trade debts44€5k€4k▼
Income statement
Code20202020
Turnover70€3k€3k▲
Operating profit (loss)9901€-1.97M€-1.04M▲
Recurring financial income75€1.94M€947k▼
Recurring financial charges65€2k€14k▲
Debt charges650-€433
Profit (loss) for the period before taxes9903€-778k€-71k▲
Profit (loss) for the period9904€-778k€-71k▲
Profit (loss) for the period to be appropriated9905€-778k€-71k▲
Timeline · acts, filings and financial milestones
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 144 days late
05-07
State Gazette act
General meeting · Merger
Capital increase · Share issue
14-05
State Gazette act
Merger · Capital increase
Accounting effect · Auditor appointment
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Weakest financial yearnet €-778k ▼232%
Net result drops to €-778k, the lowest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 1253.59
Current ratio from 314.89 to 1253.59; short-term debt falls from €118k to €39k.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
30-10
State Gazette act
General meeting · Auditor appointment
Board meeting · Director resignation
05-01
State Gazette act
Board meeting · Director appointment
Director resignation · Permanent representative
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
16-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
03-08
State Gazette act
Incorporation · Founding capital
Corporate purpose · General meeting
26-06
State Gazette act
General meeting · Capital decrease
Purpose change · Registered-office move
2014
17-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
18-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
10-12
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.
Structure & network
Connections & network
17 connected companiesNetwork connections
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Ownership & control
2 partiesNOSHAQ EUROPE 2BE 0809.550.122
controls
Where this company holds controlthis company sits on their board2
1 location
Acquisitions and mergers
1 transactionTaken over by:NOSHAQ
Recognitions · licences · registrations
Legal Entity Identifier
96760019IM1ARZBDP156