REKODE
InactiveFinancials · financial year 2021, full format
2021 annual accounts filed 3 days after the deadline Filed on 28 October 2021, deadline 25 October 2021 (7 months after the close on 25 March 2021, Companies Code art. 3:10). Source: NBB, 2021-74500482.
Annual accounts 2021 filed on 28-10-2021 PDF all 10 filings
Turnover
€230,837▼ 36.3%
2019 · €362,177
EBIT margin
-1.3%▼ 20.2pp
2019 · 18.9%
Net result
-€386▲ 89.0%
2020 · -€3,523
Working capital
€106,450▼ 0.4%
2020 · €106,836
Multi-year overview
2018 to 2021, 4 financial yearsTurnover
no figure
2021
20182021
Operating result
-€185
▲ 94.0%
2021
20182021
Net result
-€386
▲ 89.0%
2021
20182021
EBIT margin
no figure
2021
20182021
Equity
€106,475
▼ 0.4%
2021
20182021
Total assets
€106,568
▼ 16.4%
2021
20182021
Debt
€93
▼ 99.5%
2021
20182021
Working capital
€106,450
▼ 0.4%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€335,699-€362,177▲ 7.9%€230,837▼ 36.3%
Operating result€55,993-€68,319▲ 22.0%-€3,109-€185▲ 94.0%
Net result€35,781-€48,638▲ 35.9%-€3,523-€386▲ 89.0%
EBIT margin16.7%-18.9%▲ 2.2pp-1.3%▼ 20.2pp
Equity€110,256-€110,384▲ 0.1%€106,861▼ 3.2%€106,475▼ 0.4%
Total assets€263,506-€329,510▲ 25.0%€127,491▼ 61.3%€106,568▼ 16.4%
Debt€153,250-€219,126▲ 43.0%€20,630▼ 90.6%€93▼ 99.5%
Working capital€110,131-€197,036▲ 78.9%€106,836▼ 45.8%€106,450▼ 0.4%
The operating result for 2021 is a loss of €185, smaller than the loss of €3,109 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €106,568
Fixed assets
€25 =
Current assets
€106,543 ▼ 16.4%
Equity and liabilities €106,568
Equity
€106,475 ▼ 0.4%
Debt
€93 ▼ 99.5%
Debt's share of the balance-sheet total falls from 16.2% to 0.1%. Equity and debt are lower.
Key figures and ratios
ROE
-0.4%▲
2020 · -3.3%
ROA
-0.4%▲
2020 · -2.8%
Debt ≤ 1 year
€93▼
2020 · €20,630
A ratio outside any meaningful range has been withheld (balance sheet total €106,568, equity €106,475).
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 |
|---|---|---|---|---|---|
| Turnover70 | €335,699 | €362,177 | €230,837 | - | - |
| Gross operating margin9900 | - | - | - | -€185 | - |
| Operating profit (loss)9901 | €55,993 | €68,319 | -€3,109 | -€185 | ▲ 94.0% |
| Recurring financial income75 | - | - | €7 | - | - |
| Recurring financial charges65 | €38 | €35 | €340 | €201 | ▼ 40.8% |
| Profit (loss) for the period before taxes9903 | €55,955 | €68,285 | -€3,442 | -€386 | ▲ 88.8% |
| Income taxes67/77 | €20,174 | €19,646 | €81 | - | - |
| Profit (loss) for the period9904 | €35,781 | €48,638 | -€3,523 | -€386 | ▲ 89.0% |
| Profit (loss) for the period to be appropriated9905 | €35,781 | €48,638 | -€3,523 | -€386 | ▲ 89.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €263,506 | €329,510 | €127,491 | €106,568 | ▼ 16.4% |
| Fixed assets21/28 | €125 | €125 | €25 | €25 | = |
| Financial fixed assets28 | €125 | €125 | €25 | €25 | = |
| Current assets29/58 | €263,381 | €329,385 | €127,466 | €106,543 | ▼ 16.4% |
| Amounts receivable within one year40/41 | €178,252 | €49,375 | €86,562 | €39 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €85,129 | €193,233 | €40,904 | €106,504 | ▲ 160% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €263,506 | €329,510 | €127,491 | €106,568 | ▼ 16.4% |
| Equity10/15 | €110,256 | €110,384 | €106,861 | €106,475 | ▼ 0.4% |
| Contributions10/11 | €99,000 | €99,000 | €99,000 | €99,000 | = |
| Reserves13 | €10,791 | €10,791 | €10,791 | €10,791 | = |
| Profit (loss) carried forward14 | €465 | €593 | -€2,930 | -€3,316 | ▼ 13.2% |
| Amounts payable17/49 | €153,250 | €219,126 | €20,630 | €93 | ▼ 99.5% |
| Amounts payable within one year42/48 | €153,250 | €132,349 | €20,630 | €93 | ▼ 99.5% |
| Trade debts44 | €97,011 | €3,120 | €19,880 | €93 | ▼ 99.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,781 | €48,638 | -€3,523 | -€386 | ▲ 89.0% |
| Operating cash flow (approximation) | €35,781 | €48,638 | -€3,523 | -€386 | ▲ 89.0% |
| Investment in fixed assets (approximation) | - | €0 | €100 | €0 | ▼ 100% |
| Change in cash | - | €108,104 | -€152,330 | €65,600 | - |
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 (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 25-03-2021 | full format | 28-10-2021 | 2021-74500482 | |
| 31-12-2020 | full format | 25-03-2021 | 2021-08400388 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-21600550 | |
| 31-12-2018 | full format | 22-05-2019 | 2019-14000428 | |
| 31-12-2017 | full format | 13-06-2018 | 2018-18700109 | |
| 31-12-2016 | full format | 30-05-2017 | 2017-14000195 | |
| 31-12-2015 | full format | 06-06-2016 | 2016-16200004 | |
| 31-12-2014 | full format | 06-03-2015 | 2015-06000130 | |
| 31-12-2013 | full format | 17-06-2014 | 2014-19500543 | |
| 31-12-2012 | full format | 29-05-2013 | 2013-14800549 |