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SECUNDO

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Private limited company (pre-2019)· 22 yrs active
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BE 0860.098.604
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Turnover
EBIT margin
Net result€-3k
Working capital€48k+21.0%
Directors2
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Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 01-04-2020 with the NBB · fiscal year 2019 · micro
€-20k€-10k€0€10kOperating result 2018: €11k€11kNet result 2018: €3k€3kOperating result 2019: €-13k€-13kNet result 2019: €-3k€-3k20182019
Operating resultNet result
EBITDA
€-10k
18–19
Net profit
€-3k
18–19
Cash flow
€565
-90.1% 18–19
Total assets
€146k
+30.9% 18–19
Equity
€5k
-50.9% 18–19
Working capital
€48k
+21.0% 18–19
Income taxes
€1k
-91.3% 18–19
Debt
€141k
+39.9% 18–19
Debt ≤ 1y
€94k
+37.4% 18–19
Debt > 1y
€46k
+43.8% 18–19
Current ratio
1.51
-4.4% 18–19
Quick ratio
1.46
-2.9% 18–19
Solvency
3.7%
-62.5% 18–19
Debt / equity
8.41
+192.9% 18–19
ROE
-48.4%
18–19
ROA
-1.8%
18–19
Figures by fiscal year
Fiscal year2019
Revenue
EBITDA€-10k
Net profit€-3k
Cash flow€565
Staff costs
Income taxes€1k
Dividends
Total assets€146k
Equity€5k
Debt€141k
of which ≤ 1y€94k
of which > 1y€46k
Working capital€48k
Employees (FTE)
Ratios (computed)
2019
Current ratio1.51
Quick ratio1.46
Working capital ratio32.9%
Solvency3.7%
Debt / equity8.41
Long-term debt ratio8.41
Interest coverage
Gross margin
Net margin
ROA-1.8%
ROE-48.4%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet — Assets
TOTAL ASSETS 20/58€146k
Fixed assets 21/28€5k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€250
Current assets 29/58€142k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€136k
Cash & bank 54/58€151
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€146k
Equity 10/15€5k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€-3k
Amounts payable 17/49€141k
Amounts payable after one year 17€46k
Amounts payable within one year 42/48€94k
Trade debts payable within one year 44€60k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-13k
Financial income 75€10k
Financial charges 65€1k
Result before taxes 9903€-4k
Income taxes 67/77€1k
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
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Ratios computed by Checked.

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FY 2019 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.