PROJECT PLANNING DEGROOTE, AFGEKORT : PPD
InactiveChecked score
Score 2021
99
/ 100
Excellent▲ +20 vs 2020
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2020
Profitability100▲+21
Solvency100▲+28
Growth76▲+21
Stability-
Credit verdict
No credit on open account
Liquidity ample (current ratio 21.06 against 1.18 in 2020), and 2.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 28-02-2022, 61 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2021
61 d early
2020
20 d late
2019
36 d early
2018
43 d early
2017
46 d early
2016
41 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema, statutory
Turnover
€2.83M▼ 70.6%
2020 · €9.64M
2018: €2.03M
2019: €9.27M
2020: €9.64M
2018 → 2021
EBIT margin
66.2%▲ 43.4pp
2020 · 22.8%
2018: 0.4%
2019: 3.4%
2020: 22.8%
2018 → 2021
Net result
€86.12M▲ 3,478%
2020 · €2.41M
2018: €32.67M
2019: €237k
2020: €2.41M
2018 → 2021
Working capital
€62.07M▲ 11,016%
2020 · €558k
2018: €5.47M
2019: €2.75M
2020: €558k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€2.03M-€9.27M▲ 356%€9.64M▲ 4.0%€2.83M▼ 70.6%
Equity€36.93M-€34.21M▼ 7.4%€32.05M▼ 6.3%€118.18M▲ 269%
Operating result€8k-€311k▲ 3,840%€2.19M▲ 606%€1.88M▼ 14.6%
Net result€32.67M-€237k▼ 99.3%€2.41M▲ 918%€86.12M▲ 3,478%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 15% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €121.28M
Fixed assets
€56.11M▲ 78.0%
Current assets
€65.17M▲ 1,669%
Equity and liabilities €121.28M
Equity
€118.18M▲ 269%
Debt
€3.10M▼ 1.5%
The debt ratio falls from 8.9% to 2.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.89M▼
2020 · €2.21M
Cash flow
€86.14M▲
2020 · €2.43M
Solvency
97.4%▲
2020 · 91.1%
Current ratio
21.06▲
2020 · 1.18
Quick ratio
21.06▲
2020 · 0.84
ROE
72.9%▲
2020 · 7.5%
ROA
71.0%▲
2020 · 6.8%
Interest coverage
30.62▲
2020 · 22.93
Debt
€3.10M▼
2020 · €3.15M
Debt ≤ 1 year
€3.09M▼
2020 · €3.12M
Income taxes
€23k▼
2020 · €569k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€35.20M€121.28M▲
Fixed assets21/28€31.51M€56.11M▲
Tangible fixed assets22/27€79k€64k▼
Financial fixed assets28€31.44M€56.04M▲
Current assets29/58€3.68M€65.17M▲
Stocks and contracts in progress3€1.05M-
Amounts receivable within one year40/41€254k€61.04M▲
Cash at bank and in hand54/58€2.37M€4.08M▲
Equity and liabilities
Total equity and liabilities10/49€35.20M€121.28M▲
Equity10/15€32.05M€118.18M▲
Contributions10/11€3.73M€3.73M=
Reserves13€28.04M€28.04M=
Profit (loss) carried forward14-€86.12M
Amounts payable17/49€3.15M€3.10M▼
Amounts payable within one year42/48€3.12M€3.09M▼
Trade debts44€180k€221k▲
Income statement
Code20202021
Turnover70€9.64M€2.83M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€14k▼
Operating profit (loss)9901€2.19M€1.88M▼
Recurring financial income75€841k€84.33M▲
Recurring financial charges65€105k€65k▼
Debt charges650€97k€62k▼
Profit (loss) for the period before taxes9903€2.93M€86.15M▲
Income taxes67/77€569k€23k▼
Profit (loss) for the period9904€2.41M€86.12M▲
Profit (loss) for the period to be appropriated9905€2.49M€86.12M▲
Appropriation of the result
Return on contributions (dividend)694€4.57M-
Timeline · acts, filings and financial milestones
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Highest result since 2018net €86.12M ▲3478%
Net result €86.12M, the highest in the series.
30-09
Financial
Liquidity times 18current ratio 21.06
Current ratio from 1.18 to 21.06; short-term debt falls from €3.12M to €3.09M.
30-09
Financial
Equity above €100MEq €118.18M ▲269%
4 profitable years in a row build equity to €118.18M.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 20 days late
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €237k ▼99.3%
Net result drops to €237k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · consolidated
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 directors, last change in 2021
MAERTENS Janick
CurrentDirector · since 20-07-2015
DE PAUW Dirk
Not recently confirmedOnafhankelijk bestuurder · since 19-03-2018
Burg. BVBA J. Degryse
Not recently confirmedPermanente vertegenwoordiger commissaris · since 04-07-2016 · Legal entity
BVBA Hilde Verlinde
Not recently confirmedDirector · since 16-03-2016 · Legal entity
08-11-2021
MAERTENS Janick: Appointed as Director
08-07-2020
DE PAUW Dirk: Appointed as Onafhankelijk bestuurder
04-06-2019
MAERTENS Janick: Appointed as Director
19-03-2018
DE PAUW Dirk: Appointed as Onafhankelijk bestuurder
19-03-2018
DEHOUCK Katrien: Resigned as Onafhankelijk bestuurder
30-06-2017
MAERTENS Janick: Appointed as Onafhankelijke bestuurder
30-06-2017
DEHOUCK Katrien: Appointed as Onafhankelijke bestuurder
04-07-2016
Burg. BVBA J. Degryse: Appointed as Permanente vertegenwoordiger commissaris
04-07-2016
Jan Degryse: Appointed as Vertegenwoordiger permanente vertegenwoordiger commissaris
16-03-2016
BVBA Hilde Verlinde: Appointed as Director
16-03-2016
VERLINDE Hilde: Resigned as Director
20-07-2015
MAERTENS Janick: Appointed as Onafhankelijke bestuurder
20-07-2015
DEHOUCK Katrien: Appointed as Onafhankelijke bestuurder
Not every act has been read: a resignation may be missing here
16 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Statutory auditor
2 auditors| Burg. BVBA VAN CAUTER & Co Statutory auditor succeeded by DEGRYSE Jan in 2019 | 04-07-2016 → 04-06-2019 |
Show 1 earlier auditors
| DEGRYSE Jan Statutory auditor | 04-06-2019 → 04-06-2019 |