OVERFLOW
InactiveFinancials · financial year 2021, abbreviated format
Annual accounts 2021 filed on 23-06-2021 PDF all 5 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €280,000
Estimated: probably between €170,000 and €530,000
Total assets
€272,953▲ 13.3%
2020 · €240,992
Net result
€67,461▲ 22.0%
2020 · €55,314
Working capital
€42,206
2020 · -€25,254
Trend over the years
2019 to 2021, 3 financial years 2019 to 2021, 3 financial years
The operating result for 2021 is 13% higher than in 2020 and the highest since 2019. It is the second rise in a row.
Operating result€99,281
2021
Net result€67,461
2021
Total assets€272,953
2021
Equity€261,206
2021
Debt€11,747
2021
Working capital€42,206
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021
Operating result€75,582-€87,598▲ 15.9%€99,281▲ 13.3%
Net result€45,773-€55,314▲ 20.8%€67,461▲ 22.0%
Equity€138,432-€193,746▲ 40.0%€261,206▲ 34.8%
Total assets€249,790-€240,992▼ 3.5%€272,953▲ 13.3%
Debt€111,358-€47,246▼ 57.6%€11,747▼ 75.1%
Working capital-€47,743--€25,254▲ 47.1%€42,206
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €272,953
Fixed assets
€219,000 =
Current assets
€53,953 ▲ 145%
Equity and liabilities €272,953
Equity
€261,206 ▲ 34.8%
Debt
€11,747 ▼ 75.1%
Debt's share of the balance-sheet total falls from 19.6% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€99,281▲
2020 · €87,598
Cash flow
€67,461▲
2020 · €55,314
Current ratio
4.59▲
2020 · 0.47
ROE
25.8%▼
2020 · 28.5%
ROA
24.7%▲
2020 · 23.0%
Debt ≤ 1 year
€11,747▼
2020 · €47,246
Income taxes
€31,482▲
2020 · €31,090
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | €0 | - |
| Gross operating margin9900 | €76,060 | €88,078 | €99,747 | ▲ 13.2% |
| Operating profit (loss)9901 | €75,582 | €87,598 | €99,281 | ▲ 13.3% |
| Recurring financial income75 | €1 | €1 | €0 | ▼ 100% |
| Recurring financial charges65 | €1,996 | €1,195 | €338 | ▼ 71.7% |
| Profit (loss) for the period before taxes9903 | €73,587 | €86,404 | €98,942 | ▲ 14.5% |
| Income taxes67/77 | €27,814 | €31,090 | €31,482 | ▲ 1.3% |
| Profit (loss) for the period9904 | €45,773 | €55,314 | €67,461 | ▲ 22.0% |
| Profit (loss) for the period to be appropriated9905 | €45,773 | €55,314 | €67,461 | ▲ 22.0% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €249,790 | €240,992 | €272,953 | ▲ 13.3% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €219,000 | €219,000 | €219,000 | = |
| Intangible fixed assets21 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €219,000 | €219,000 | €219,000 | = |
| Current assets29/58 | €30,790 | €21,992 | €53,953 | ▲ 145% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €11,251 | €9,075 | €10,285 | ▲ 13.3% |
| Current investments50/53 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €19,538 | €12,917 | €43,668 | ▲ 238% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €249,790 | €240,992 | €272,953 | ▲ 13.3% |
| Equity10/15 | €138,432 | €193,746 | €261,206 | ▲ 34.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €119,832 | €175,146 | €242,606 | ▲ 38.5% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €111,358 | €47,246 | €11,747 | ▼ 75.1% |
| Amounts payable after more than one year17 | €32,825 | - | - | - |
| Amounts payable within one year42/48 | €78,532 | €47,246 | €11,747 | ▼ 75.1% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,773 | €55,314 | €67,461 | ▲ 22.0% |
| + Depreciation and write-downs630 | €0 | €0 | €0 | - |
| Operating cash flow (approximation) | €45,773 | €55,314 | €67,461 | ▲ 22.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€6,622 | €30,751 | - |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2021 | abbreviated format | 23-06-2021 | 2021-22800402 | |
| 31-03-2020 | abbreviated format | 12-06-2020 | 2020-16200007 | |
| 31-03-2019 | abbreviated format | 29-10-2019 | 2019-71400468 | |
| 31-03-2018 | abbreviated format | 20-09-2018 | 2018-63500178 | |
| 31-03-2017 | abbreviated format | 21-09-2017 | 2017-61400454 |