PKGF
InactiveFinancials · fiscal year 2021, micro schema
Equity
-€36,048▲ 31.9%
2020 · -€52,941
Total assets
€174,638▲ 21.3%
2020 · €143,957
Net result
€16,892
2020 · -€46,873
Working capital
-€127,533▲ 12.9%
2020 · -€146,464
Trend over the years
2018 to 2021, 4 fiscal years 2018 to 2021, 4 fiscal years
The operating result returns to profit in 2021: €17,475 after a loss of €45,929 in 2020, the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€17,475
2021
Net result€16,892
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€174,638
2021
Equity-€36,048
2021
Debt€210,686
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€127,533
2021
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2020
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€9,413--€20,053▼ 113%-€45,929▼ 129%€17,475
Net result-€16,230--€20,917▼ 28.9%-€46,873▼ 124%€16,892
Equity€14,850--€6,067-€52,941▼ 773%-€36,048▲ 31.9%
Total assets€74,655-€82,183▲ 10.1%€143,957▲ 75.2%€174,638▲ 21.3%
Debt€59,805-€88,250▲ 47.6%€196,898▲ 123%€210,686▲ 7.0%
Working capital-€22,485--€38,736▼ 72.3%-€146,464▼ 278%-€127,533▲ 12.9%
Staff (FTE)0.30.5▲ 66.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €174,638
Fixed assets
€91,485 ▼ 5.2%
Current assets
€83,153 ▲ 75.4%
Equity and liabilities
Equity-€36,048
Debt€210,686
Equity is negative: debt (€210,686) exceeds the balance-sheet total (€174,638).
Key figures and ratios
EBITDA
€29,877▲
2020 · -€39,813
Cash flow
€29,294▲
2020 · -€40,758
Solvency
-20.6%▲
2020 · -36.8%
Current ratio
0.39▲
2020 · 0.24
ROA
9.7%▲
2020 · -32.6%
Interest coverage
51.25
Debt ≤ 1 year
€210,686▲
2020 · €193,869
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,066 | €4,666 | €6,116 | €12,402 | ▲ 103% |
| Other operating charges640/8 | - | - | - | €1,187 | - |
| Gross operating margin9900 | -€1,031 | -€691 | -€29,303 | €31,064 | ▲ 206% |
| Operating profit (loss)9901 | -€9,413 | -€20,053 | -€45,929 | €17,475 | ▲ 138% |
| Financial charges65/66B | - | - | - | €583 | - |
| Recurring financial charges65 | €2,910 | €146 | €945 | €583 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | -€12,322 | -€20,199 | -€46,873 | €16,892 | ▲ 136% |
| Income taxes67/77 | €3,907 | €718 | - | - | - |
| Profit (loss) for the period9904 | -€16,230 | -€20,917 | -€46,873 | €16,892 | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | -€16,230 | -€20,917 | -€46,873 | €16,892 | ▲ 136% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €74,655 | €82,183 | €143,957 | €174,638 | ▲ 21.3% |
| Fixed assets21/28 | €37,335 | €32,668 | €96,553 | €91,485 | ▼ 5.2% |
| Intangible fixed assets21 | €37,335 | €32,668 | €96,553 | €84,151 | ▼ 12.8% |
| Financial fixed assets28 | - | - | - | €7,334 | - |
| Current assets29/58 | €37,321 | €49,515 | €47,404 | €83,153 | ▲ 75.4% |
| Amounts receivable within one year40/41 | €30,435 | €44,125 | €43,224 | €79,439 | ▲ 83.8% |
| Trade receivables40 | - | - | - | €79,404 | - |
| Other amounts receivable41 | - | - | - | €35 | - |
| Cash at bank and in hand54/58 | €5,157 | €5,101 | €3,850 | €3,714 | ▼ 3.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €74,655 | €82,183 | €143,957 | €174,638 | ▲ 21.3% |
| Equity10/15 | €14,850 | -€6,067 | -€52,941 | -€36,048 | ▲ 31.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€5,610 | -€26,527 | -€73,401 | -€56,508 | ▲ 23.0% |
| Amounts payable17/49 | €59,805 | €88,250 | €196,898 | €210,686 | ▲ 7.0% |
| Amounts payable within one year42/48 | €59,805 | €88,250 | €193,869 | €210,686 | ▲ 8.7% |
| Trade debts44 | €2,176 | €8,883 | €25,954 | €22,366 | ▼ 13.8% |
| Suppliers440/4 | - | - | - | €22,366 | - |
| Advances received on contracts in progress46 | - | - | - | €13,592 | - |
| Taxes, remuneration and social security45 | - | - | - | €27,452 | - |
| Taxes450/3 | - | - | - | €9,608 | - |
| Remuneration and social security454/9 | - | - | - | €17,844 | - |
| Other amounts payable47/48 | - | - | - | €147,276 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,230 | -€20,917 | -€46,873 | €16,892 | ▲ 136% |
| + Depreciation and write-downs630 | €5,066 | €4,666 | €6,116 | €12,402 | ▲ 103% |
| Operating cash flow (approximation) | -€11,163 | -€16,251 | -€40,758 | €29,294 | ▲ 172% |
| Investment in fixed assets (approximation) | - | €0 | -€70,000 | -€7,334 | ▲ 89.5% |
| Change in cash | - | -€56 | -€1,251 | -€136 | ▲ 89.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.