PP SHOPS
InactiveFinancials · financial year 2020, abbreviated format
Annual accounts 2020 filed on 02-06-2021 PDF all 9 filings
Equity
-€228,893▼ 15.8%
2019 · -€197,593
Total assets
€57,818▼ 14.1%
2019 · €67,316
Net result
-€31,299▼ 12.4%
2019 · -€27,848
Working capital
-€248,693▼ 19.0%
2019 · -€208,901
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
-€27,602
▼ 25.7%
2020
20182020
Net result
-€31,299
▼ 12.4%
2020
20182020
Equity
-€228,893
▼ 15.8%
2020
20182020
Total assets
€57,818
▼ 14.1%
2020
20182020
Debt
€286,711
▲ 8.2%
2020
20182020
Working capital
-€248,693
▼ 19.0%
2020
20182020
Staff (FTE)
0
▼ 100%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result-€104,691--€21,955▲ 79.0%-€27,602▼ 25.7%
Net result-€111,998--€27,848▲ 75.1%-€31,299▼ 12.4%
Equity-€169,745--€197,593▼ 16.4%-€228,893▼ 15.8%
Total assets€99,025-€67,316▼ 32.0%€57,818▼ 14.1%
Debt€268,770-€264,910▼ 1.4%€286,711▲ 8.2%
Working capital-€175,539--€208,901▼ 19.0%-€248,693▼ 19.0%
Staff (FTE)4.3-2.8▼ 34.9%0▼ 100%
The operating result for 2020 is a loss of €27,602, larger than the loss of €21,955 in 2019.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €57,658
Fixed assets
€55,046 ▼ 10.3%
Current assets
€2,612 ▼ 53.9%
Equity and liabilities
Equity-€228,893
Debt€286,711
Equity is negative. Debt (€286,711) exceeds the balance-sheet total (€57,818).
Key figures and ratios
EBITDA
-€13,588▼
2019 · -€9,646
Cash flow
-€17,284▼
2019 · -€15,540
Solvency
-395.9%▼
2019 · -293.5%
Current ratio
0.01▼
2019 · 0.03
ROA
-54.1%▼
2019 · -41.4%
Debt ≤ 1 year
€251,305▲
2019 · €214,561
Debt > 1 year
€34,644▼
2019 · €49,621
Income taxes
€56▲
2019 · €42
Debt to equity is not shown because equity is negative. Debt divided by negative 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 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,696 | €12,308 | €14,015 | ▲ 13.9% |
| Gross operating margin9900 | €63,255 | €50,296 | -€11,739 | - |
| Operating profit (loss)9901 | -€104,691 | -€21,955 | -€27,602 | ▼ 25.7% |
| Recurring financial income75 | €695 | €0 | €0 | - |
| Recurring financial charges65 | €8,002 | €5,852 | €3,641 | ▼ 37.8% |
| Profit (loss) for the period before taxes9903 | -€111,998 | -€27,807 | -€31,243 | ▼ 12.4% |
| Income taxes67/77 | - | €42 | €56 | ▲ 35.3% |
| Profit (loss) for the period9904 | -€111,998 | -€27,848 | -€31,299 | ▼ 12.4% |
| Profit (loss) for the period to be appropriated9905 | -€111,998 | -€27,848 | -€31,299 | ▼ 12.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €99,025 | €67,316 | €57,818 | ▼ 14.1% |
| Formation expenses20 | €875 | €268 | €161 | ▼ 40.0% |
| Fixed assets21/28 | €73,090 | €61,388 | €55,046 | ▼ 10.3% |
| Intangible fixed assets21 | €13,189 | €10,469 | €7,851 | ▼ 25.0% |
| Tangible fixed assets22/27 | €59,901 | €50,920 | €47,195 | ▼ 7.3% |
| Current assets29/58 | €25,061 | €5,660 | €2,612 | ▼ 53.9% |
| Stocks and contracts in progress3 | €3,140 | €0 | - | - |
| Amounts receivable within one year40/41 | €7,232 | €3,294 | €2,612 | ▼ 20.7% |
| Cash at bank and in hand54/58 | €12,615 | €1,994 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €99,025 | €67,316 | €57,818 | ▼ 14.1% |
| Equity10/15 | -€169,745 | -€197,593 | -€228,893 | ▼ 15.8% |
| Contributions10/11 | €30,000 | €30,000 | - | - |
| Profit (loss) carried forward14 | -€199,745 | -€227,593 | -€258,893 | ▼ 13.8% |
| Amounts payable17/49 | €268,770 | €264,910 | €286,711 | ▲ 8.2% |
| Amounts payable after more than one year17 | €67,370 | €49,621 | €34,644 | ▼ 30.2% |
| Amounts payable within one year42/48 | €200,600 | €214,561 | €251,305 | ▲ 17.1% |
| Trade debts44 | €57,623 | €15,976 | €5,704 | ▼ 64.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€111,998 | -€27,848 | -€31,299 | ▼ 12.4% |
| + Depreciation and write-downs630 | €11,696 | €12,308 | €14,015 | ▲ 13.9% |
| Operating cash flow (approximation) | -€100,302 | -€15,540 | -€17,284 | ▼ 11.2% |
| Investment in fixed assets (approximation) | - | -€607 | -€7,673 | ▼ 1,164% |
| Change in cash | - | -€10,621 | -€1,994 | ▲ 81.2% |
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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 02-06-2021 | 2021-16500011 | |
| 31-12-2019 | abbreviated format | 16-06-2020 | 2020-16600238 | |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-23100011 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-47800163 | |
| 30-06-2017 | abbreviated format | 30-11-2017 | 2017-70900374 | |
| 30-06-2016 | abbreviated format | 23-12-2016 | 2016-71100267 | |
| 30-06-2015 | abbreviated format | 17-12-2015 | 2015-69000540 | |
| 30-06-2014 | abbreviated format | 02-12-2014 | 2014-68000133 | |
| 30-06-2013 | abbreviated format | 31-01-2014 | 2014-01900503 |