RUAN
InactiveFinancials · financial year 2020, abbreviated format
Annual accounts 2020 filed on 31-07-2021 PDF all 20 filings
Turnover
≈ €110,000
Estimated: probably between €58,000 and €210,000
Total assets
€238,938▼ 3.1%
2019 · €246,496
Net result
€6,960
2019 · -€4,279
Working capital
-€30,137▼ 292%
2019 · -€7,692
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
€14,119
▲ 467%
2020
20182020
Net result
€6,960
2020
20182020
Equity
€135,722
▲ 5.4%
2020
20182020
Total assets
€238,938
▼ 3.1%
2020
20182020
Debt
€103,216
▼ 12.3%
2020
20182020
Working capital
-€30,137
▼ 292%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€8,277-€2,491▼ 69.9%€14,119▲ 467%
Net result-€8,290--€4,279▲ 48.4%€6,960
Equity€133,041-€128,762▼ 3.2%€135,722▲ 5.4%
Total assets€328,763-€246,496▼ 25.0%€238,938▼ 3.1%
Debt€195,722-€117,735▼ 39.8%€103,216▼ 12.3%
Working capital€9,086--€7,692-€30,137▼ 292%
The operating result for 2020 is nearly 5.7 times that of 2019 and the highest since 2018. It is a recovery after the fall in 2019.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €238,938
Fixed assets
€177,578 ▼ 6.9%
Current assets
€61,360 ▲ 10.1%
Equity and liabilities €238,938
Equity
€135,722 ▲ 5.4%
Debt
€103,216 ▼ 12.3%
Debt's share of the balance-sheet total falls from 47.8% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,805▲
2019 · €12,177
Cash flow
€16,646▲
2019 · €5,407
Current ratio
0.67▼
2019 · 0.88
Debt to equity
0.09▼
2019 · 0.42
ROE
5.1%▲
2019 · -3.3%
ROA
2.9%▲
2019 · -1.7%
Debt ≤ 1 year
€91,497▲
2019 · €63,424
Debt > 1 year
€11,719▼
2019 · €54,311
Income taxes
€4,257
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 | €10,138 | €9,686 | €9,686 | = |
| Gross operating margin9900 | €41,841 | €16,905 | €30,578 | ▲ 80.9% |
| Operating profit (loss)9901 | €8,277 | €2,491 | €14,119 | ▲ 467% |
| Recurring financial income75 | €874 | €861 | €716 | ▼ 16.9% |
| Recurring financial charges65 | €10,630 | €7,631 | €3,618 | ▼ 52.6% |
| Profit (loss) for the period before taxes9903 | -€1,479 | -€4,279 | €11,217 | - |
| Income taxes67/77 | €6,811 | - | €4,257 | - |
| Profit (loss) for the period9904 | -€8,290 | -€4,279 | €6,960 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,290 | -€4,279 | €6,960 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €328,763 | €246,496 | €238,938 | ▼ 3.1% |
| Fixed assets21/28 | €201,349 | €190,764 | €177,578 | ▼ 6.9% |
| Tangible fixed assets22/27 | €197,849 | €187,264 | €177,578 | ▼ 5.2% |
| Financial fixed assets28 | €3,500 | €3,500 | - | - |
| Current assets29/58 | €127,415 | €55,732 | €61,360 | ▲ 10.1% |
| Stocks and contracts in progress3 | €1,407 | - | - | - |
| Amounts receivable within one year40/41 | €77,744 | €17,577 | €21,380 | ▲ 21.6% |
| Cash at bank and in hand54/58 | €128 | €735 | €3,219 | ▲ 338% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €328,763 | €246,496 | €238,938 | ▼ 3.1% |
| Equity10/15 | €133,041 | €128,762 | €135,722 | ▲ 5.4% |
| Contributions10/11 | €118,600 | €118,600 | - | - |
| Reserves13 | €14,441 | €10,162 | €10,162 | = |
| Profit (loss) carried forward14 | - | - | €6,960 | - |
| Amounts payable17/49 | €195,722 | €117,735 | €103,216 | ▼ 12.3% |
| Amounts payable after more than one year17 | €77,394 | €54,311 | €11,719 | ▼ 78.4% |
| Amounts payable within one year42/48 | €118,329 | €63,424 | €91,497 | ▲ 44.3% |
| Trade debts44 | €28,042 | €7,290 | €5,493 | ▼ 24.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,290 | -€4,279 | €6,960 | - |
| + Depreciation and write-downs630 | €10,138 | €9,686 | €9,686 | = |
| Operating cash flow (approximation) | €1,848 | €5,407 | €16,646 | ▲ 208% |
| Investment in fixed assets (approximation) | - | €899 | €3,500 | ▲ 289% |
| Change in cash | - | €608 | €2,483 | ▲ 309% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 31-07-2021 | 2021-44900053 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-28700372 | |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31000573 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-50700344 | |
| 31-12-2016 | abbreviated format | 30-07-2017 | 2017-38500317 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-28900279 | |
| 31-12-2014 | abbreviated format | 04-08-2015 | 2015-39900173 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-25000272 | |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-37400413 | |
| 31-12-2011 | abbreviated format | 12-07-2012 | 2012-29100493 |