RAILTOUR
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-06-2022, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
54 d early
2020
103 d early
2019
113 d early
2018
104 d early
2017
98 d early
2016
98 d early
2015
103 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€1.59M▼ 62.7%
2019 · €4.26M
2018: €4.61M
2019: €4.26M
2018 → 2020
EBIT margin
17.1%▲ 5.3pp
2019 · 11.8%
2018: 8.1%
2019: 11.8%
2018 → 2020
Net result
€64k▼ 63.9%
2020 · €177k
2018: €235k
2019: €344k
2020: €177k
2018 → 2021
Working capital
€3.97M▲ 1.6%
2020 · €3.91M
2018: €3.44M
2019: €3.74M
2020: €3.91M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€4.61M-€4.26M▼ 7.5%€1.59M▼ 62.7%
Equity€3.41M-€3.75M▲ 10.1%€3.93M▲ 4.7%€3.99M▲ 1.6%
Operating result€374k-€502k▲ 34.5%€273k▼ 45.7%€87k▼ 68.2%
Net result€235k-€344k▲ 46.3%€177k▼ 48.5%€64k▼ 63.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 68% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.11M
Fixed assets
€20k ▼ 0.2%
Current assets
€4.09M ▼ 2.5%
Equity and liabilities €4.11M
Equity
€3.99M ▲ 1.6%
Debt
€116k ▼ 59.1%
Debt's share of the balance-sheet total falls from 6.8% to 2.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
35.11▲
2020 · 14.71
Debt to equity
0.03
ROE
1.6%▼
2020 · 4.5%
ROA
1.6%▼
2020 · 4.2%
Debt ≤ 1 year
€116k▼
2020 · €285k
Income taxes
€22k▼
2020 · €94k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€4.21M€4.11M▼
Fixed assets21/28€20k€20k▼
Financial fixed assets28€20k€20k▼
Other financial fixed assets284/8-€20k
Shares284-€20k
Current assets29/58€4.19M€4.09M▼
Amounts receivable within one year40/41€78k€46k▼
Other amounts receivable41-€46k
Cash at bank and in hand54/58€4.11M€4.04M▼
Equity and liabilities
Total equity and liabilities10/49€4.21M€4.11M▼
Equity10/15€3.93M€3.99M▲
Contributions10/11€1.50M€1.50M=
Capital10-€1.50M
Issued capital100-€1.50M
Reserves13€159k€159k=
Non-distributable reserves130/1-€150k
Legal reserve130-€150k
Tax-exempt reserves132-€9k
Profit (loss) carried forward14€2.27M€2.33M▲
Amounts payable17/49€285k€116k▼
Amounts payable within one year42/48€285k€116k▼
Trade debts44€13k€10k▼
Suppliers440/4-€10k
Taxes, remuneration and social security45-€106k
Taxes450/3-€106k
Income statement
Code20202021
Operating income70/76A-€100k
Turnover70€1.59M-
Non-recurring operating income76A-€100k
Operating charges60/66A-€14k
Services and other goods61-€12k
Other operating charges640/8-€2k
Operating profit (loss)9901€273k€87k▼
Financial charges65/66B-€897
Recurring financial charges65€967€897▼
Other financial charges652/9-€897
Profit (loss) for the period before taxes9903€272k€86k▼
Income taxes67/77€94k€22k▼
Taxes670/3-€22k
Profit (loss) for the period9904€177k€64k▼
Profit (loss) for the period to be appropriated9905€177k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2.33M
Profit (loss) brought forward from the previous period14P-€2.27M
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
16-03
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
16-03
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
03-01
State Gazette act
Board meeting · Merger
Corporate purpose · Accounting effect
03-01
State Gazette act
Merger · Accounting effect
2021
31-12
Financial
Weakest financial yearnet €64k ▼63.9%
Net result drops to €64k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 35.11
Current ratio from 14.71 to 35.11; short-term debt falls from €285k to €116k.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 14.71
Current ratio from 5.68 to 14.71; short-term debt falls from €800k to €285k.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €344k ▲46.3%
Operating result €502k, net result €344k, both a record.
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
15-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Société Nationale des Chemins de fer Belges