Pizza Roma Express
Open bankruptcyFinancials · financial year 2020, micro format
2020 annual accounts filed 82 days after the deadline Filed on 21 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-72400575.
Annual accounts 2020 filed on 21-10-2021 PDF all 7 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €1.3m
Estimated: probably between €1.0m and €1.4m
Total assets
€856,652▲ 69.7%
2019 · €504,764
Net result
€257,341▲ 42.4%
2019 · €180,663
Working capital
€535,312▲ 86.9%
2019 · €286,473
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€346,686
▲ 30.6%
2020
20182020
Net result
€257,341
▲ 42.4%
2020
highest quarter of the sector
20182020
Equity
€560,722
▲ 84.8%
2020
highest quarter of the sector
20182020
Total assets
€856,652
▲ 69.7%
2020
highest quarter of the sector
20182020
Debt
€295,930
▲ 46.9%
2020
20182020
Working capital
€535,312
▲ 86.9%
2020
highest quarter of the sector
20182020
Solvency
65.5%
▲ 5.4pp
2020
highest quarter of the sector
20182020
Current ratio
2.93
▲ 0.50
2020
highest quarter of the sector
20182020
Return on assets (ROA)
30.0%
▼ 5.8pp
2020
highest quarter of the sector
20182020
Staff (FTE)
3.4
2020
middle half of the sector
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€115,838-€265,382▲ 129%€346,686▲ 30.6%
Net result€88,464-€180,663▲ 104%€257,341above the sector's middle half▲ 42.4%
Equity€122,717-€303,381▲ 147%€560,722above the sector's middle half▲ 84.8%
Total assets€204,105-€504,764▲ 147%€856,652above the sector's middle half▲ 69.7%
Debt€81,387-€201,384▲ 147%€295,930▲ 46.9%
Working capital€104,862-€286,473▲ 173%€535,312above the sector's middle half▲ 86.9%
Solvency60.1%-60.1%=65.5%above the sector's middle half▲ 5.4pp
Current ratio2.29-2.42▲ 0.132.93above the sector's middle half▲ 0.50
Return on assets (ROA)43.3%-35.8%▼ 7.6pp30.0%above the sector's middle half▼ 5.8pp
Staff (FTE)3.4within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2020 is 31% 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 micro 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 €856,652
Fixed assets
€43,406 ▲ 157%
Current assets
€813,246 ▲ 66.7%
Equity and liabilities €856,652
Equity
€560,722 ▲ 84.8%
Debt
€295,930 ▲ 46.9%
Debt's share of the balance-sheet total falls from 39.9% to 34.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€366,598▲
2019 · €274,706
Cash flow
€277,254▲
2019 · €189,987
Quick ratio
2.92▲
2019 · 2.41
Debt to equity
0.03
ROE
45.9%▼
2019 · 59.6%
Debt ≤ 1 year
€277,934▲
2019 · €201,384
Debt > 1 year
€17,996
Income taxes
€83,710▼
2019 · €86,625
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 | €8,238 | €9,324 | €19,913 | ▲ 114% |
| Gross operating margin9900 | €201,553 | €340,060 | €436,975 | ▲ 28.5% |
| Operating profit (loss)9901 | €115,838 | €265,382 | €346,686 | ▲ 30.6% |
| Recurring financial income75 | - | €3,434 | €277 | ▼ 91.9% |
| Recurring financial charges65 | €273 | €1,528 | €5,912 | ▲ 287% |
| Profit (loss) for the period before taxes9903 | €115,565 | €267,289 | €341,051 | ▲ 27.6% |
| Income taxes67/77 | €27,101 | €86,625 | €83,710 | ▼ 3.4% |
| Profit (loss) for the period9904 | €88,464 | €180,663 | €257,341 | ▲ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €88,464 | €180,663 | €257,341 | ▲ 42.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €204,105 | €504,764 | €856,652 | ▲ 69.7% |
| Fixed assets21/28 | €17,855 | €16,908 | €43,406 | ▲ 157% |
| Tangible fixed assets22/27 | €13,355 | €12,408 | €36,406 | ▲ 193% |
| Financial fixed assets28 | €4,500 | €4,500 | €7,000 | ▲ 55.6% |
| Current assets29/58 | €186,250 | €487,856 | €813,246 | ▲ 66.7% |
| Stocks and contracts in progress3 | €2,750 | €2,750 | €2,750 | = |
| Amounts receivable within one year40/41 | €175,100 | €476,595 | €10,116 | ▼ 97.9% |
| Cash at bank and in hand54/58 | €8,400 | €8,512 | €8,380 | ▼ 1.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €204,105 | €504,764 | €856,652 | ▲ 69.7% |
| Equity10/15 | €122,717 | €303,381 | €560,722 | ▲ 84.8% |
| Contributions10/11 | €12,400 | €12,400 | - | - |
| Reserves13 | €109,860 | €109,860 | €509,860 | ▲ 364% |
| Profit (loss) carried forward14 | €457 | €181,121 | €38,462 | ▼ 78.8% |
| Amounts payable17/49 | €81,387 | €201,384 | €295,930 | ▲ 46.9% |
| Amounts payable after more than one year17 | - | - | €17,996 | - |
| Amounts payable within one year42/48 | €81,387 | €201,384 | €277,934 | ▲ 38.0% |
| Trade debts44 | €44,924 | €53,920 | €35,418 | ▼ 34.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,464 | €180,663 | €257,341 | ▲ 42.4% |
| + Depreciation and write-downs630 | €8,238 | €9,324 | €19,913 | ▲ 114% |
| Operating cash flow (approximation) | €96,702 | €189,987 | €277,254 | ▲ 45.9% |
| Investment in fixed assets (approximation) | - | -€8,377 | -€46,410 | ▼ 454% |
| Change in cash | - | €112 | -€132 | - |
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 (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 21-10-2021 | 2021-72400575 | |
| 31-12-2019 | micro format | 22-03-2021 | 2021-08500374 | |
| 31-12-2018 | micro format | 28-11-2019 | 2019-74700489 | |
| 31-12-2017 | micro format | 27-09-2018 | 2018-65900493 | |
| 31-12-2016 | abbreviated format | 28-09-2017 | 2017-64700274 | |
| 31-12-2015 | abbreviated format | 21-07-2016 | 2016-34200500 | |
| 31-12-2014 | abbreviated format | 20-07-2015 | 2015-32100373 |