PARACCOUNT
InactiveFinancials · financial year 2020, abbreviated format
Annual accounts 2020 filed on 26-03-2021 PDF all 20 filings
Turnover
≈ €950,000
Estimated: probably between €570,000 and €1.6m
Total assets
€289,444▼ 11.1%
2019 · €325,739
Net result
€17,272▲ 22.5%
2019 · €14,096
Working capital
€80,436▼ 17.4%
2019 · €97,402
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€31,514
▲ 8.6%
2020
20182020
Net result
€17,272
▲ 22.5%
2020
20182020
Equity
€105,333
▼ 9.4%
2020
20182020
Total assets
€289,444
▼ 11.1%
2020
20182020
Debt
€184,112
▼ 12.1%
2020
20182020
Working capital
€80,436
▼ 17.4%
2020
20182020
Staff (FTE)
6.2
▲ 3.3%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€13,206-€29,021▲ 120%€31,514▲ 8.6%
Net result€4,475-€14,096▲ 215%€17,272▲ 22.5%
Equity€116,150-€116,246▲ 0.1%€105,333▼ 9.4%
Total assets€230,205-€325,739▲ 41.5%€289,444▼ 11.1%
Debt€114,056-€209,493▲ 83.7%€184,112▼ 12.1%
Working capital€101,698-€97,402▼ 4.2%€80,436▼ 17.4%
Staff (FTE)6.6-6▼ 9.1%6.2▲ 3.3%
The operating result for 2020 is 9% higher than in 2019 and the highest since 2018. It is the second rise in a row.
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
2020 in colour, 2019 as the grey bar beneath
Assets €289,444
Fixed assets
€51,976 ▼ 14.4%
Current assets
€237,468 ▼ 10.4%
Equity and liabilities €289,444
Equity
€105,333 ▼ 9.4%
Debt
€184,112 ▼ 12.1%
Debt's share of the balance-sheet total falls from 64.3% to 63.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€52,693▲
2019 · €51,867
Cash flow
€38,451▲
2019 · €36,943
Current ratio
1.51▼
2019 · 1.58
Debt to equity
0.25▼
2019 · 0.36
ROE
16.4%▲
2019 · 12.1%
ROA
6.0%▲
2019 · 4.3%
Debt ≤ 1 year
€157,033▼
2019 · €167,593
Debt > 1 year
€26,179▼
2019 · €41,453
Income taxes
€12,173▼
2019 · €14,002
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 |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,490 | €22,846 | €21,179 | ▼ 7.3% |
| Gross operating margin9900 | €413,122 | €402,051 | €401,460 | ▼ 0.1% |
| Operating profit (loss)9901 | €13,206 | €29,021 | €31,514 | ▲ 8.6% |
| Recurring financial income75 | €9 | €335 | €5 | ▼ 98.4% |
| Recurring financial charges65 | €490 | €1,257 | €1,573 | ▲ 25.2% |
| Profit (loss) for the period before taxes9903 | €12,726 | €28,098 | €29,446 | ▲ 4.8% |
| Income taxes67/77 | €8,251 | €14,002 | €12,173 | ▼ 13.1% |
| Profit (loss) for the period9904 | €4,475 | €14,096 | €17,272 | ▲ 22.5% |
| Profit (loss) for the period to be appropriated9905 | €4,475 | €14,096 | €17,272 | ▲ 22.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €230,205 | €325,739 | €289,444 | ▼ 11.1% |
| Fixed assets21/28 | €26,196 | €60,745 | €51,976 | ▼ 14.4% |
| Intangible fixed assets21 | €1,346 | €220 | - | - |
| Tangible fixed assets22/27 | €24,550 | €60,224 | €51,676 | ▼ 14.2% |
| Financial fixed assets28 | €300 | €300 | €300 | = |
| Current assets29/58 | €204,009 | €264,994 | €237,468 | ▼ 10.4% |
| Amounts receivable within one year40/41 | €88,198 | €83,251 | €75,159 | ▼ 9.7% |
| Cash at bank and in hand54/58 | €95,404 | €165,281 | €149,305 | ▼ 9.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €230,205 | €325,739 | €289,444 | ▼ 11.1% |
| Equity10/15 | €116,150 | €116,246 | €105,333 | ▼ 9.4% |
| Contributions10/11 | €13,244 | €13,244 | - | - |
| Reserves13 | €102,905 | €103,002 | €96,355 | ▼ 6.5% |
| Amounts payable17/49 | €114,056 | €209,493 | €184,112 | ▼ 12.1% |
| Amounts payable after more than one year17 | €11,711 | €41,453 | €26,179 | ▼ 36.8% |
| Amounts payable within one year42/48 | €102,312 | €167,593 | €157,033 | ▼ 6.3% |
| Trade debts44 | €42,143 | €69,222 | €40,662 | ▼ 41.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,475 | €14,096 | €17,272 | ▲ 22.5% |
| + Depreciation and write-downs630 | €16,490 | €22,846 | €21,179 | ▼ 7.3% |
| Operating cash flow (approximation) | €20,965 | €36,943 | €38,451 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | -€57,395 | -€12,410 | ▲ 78.4% |
| Change in cash | - | €69,877 | -€15,976 | - |
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 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 26-03-2021 | 2021-08500128 | |
| 31-12-2019 | abbreviated format | 02-06-2020 | 2020-15000028 | |
| 31-12-2018 | abbreviated format | 05-06-2019 | 2019-17000150 | |
| 31-12-2017 | abbreviated format | 08-06-2018 | 2018-16900148 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-36500543 | |
| 31-12-2015 | abbreviated format | 20-07-2016 | 2016-33000389 | |
| 31-12-2014 | abbreviated format | 02-06-2015 | 2015-13600367 | |
| 31-12-2013 | abbreviated format | 20-06-2014 | 2014-18900448 | |
| 31-12-2012 | abbreviated format | 31-05-2013 | 2013-13900152 | |
| 31-12-2011 | abbreviated format | 04-06-2012 | 2012-14000073 |