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SOLARPULSE ETER

Inactive
KBO/BCE: BE 0825.711.015

Inactive; last annual accounts for financial year 2019.

SOLARPULSE ETERInactive

Financials · financial year 2019, abbreviated format

2019 annual accounts filed late (448 days) Filed on 22 October 2021, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2021-72600349.

Equity
€311,756▲ 58.3%
2018 · €196,945
Total assets
€1.8m▼ 14.0%
2018 · €2.1m
Net result
€114,811▲ 69.3%
2018 · €67,809
Working capital
€172,520▲ 34.5%
2018 · €128,301
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result rises in 2019; 2019 is 26% above 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2019 Net result€0.1m 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Operating result€0.2m-€0.2m▲ 25.9%
Net result€0.07m-€0.1m▲ 69.3%
Equity€0.2m-€0.3m▲ 58.3%
Total assets€2.1m-€1.8m▼ 14.0%
Debt€1.9m-€1.5m▼ 21.6%
Working capital€0.1m-€0.2m▲ 34.5%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €1.8m
Fixed assets €1.5m ▼ 8.6%
Current assets €313,891 ▼ 32.5%
Equity and liabilities €1.8m
Equity €311,756 ▲ 58.3%
Debt €1.5m ▼ 21.6%
Debt's share of the balance-sheet total falls from 90.5% to 82.4%. Equity is higher and debt is lower.
Key figures and ratios
2019 value · change against 2018
EBITDA
€330,858▲
2018 · €291,126
Cash flow
€256,361▲
2018 · €208,613
Current ratio
2.22▲
2018 · 1.38
Quick ratio
2.15▲
2018 · 1.35
Debt to equity
4.24▼
2018 · 7.69
ROE
36.8%▲
2018 · 34.4%
ROA
6.5%▲
2018 · 3.3%
Debt ≤ 1 year
€141,371▼
2018 · €337,053
Debt > 1 year
€1.3m▼
2018 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€2.1m€1.8m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Current assets29/58€0.5m€0.3m▼
Stocks and contracts in progress3€0.01m€0.01m=
Amounts receivable within one year40/41€0.02m€0.04m▲
Cash at bank and in hand54/58€0.4m€0.3m▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.8m▼
Equity10/15€0.2m€0.3m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.01m€0.01m=
Profit (loss) carried forward14€0.03m€0.1m▲
Amounts payable17/49€1.9m€1.5m▼
Amounts payable after more than one year17€1.5m€1.3m▼
Amounts payable within one year42/48€0.3m€0.1m▼
Trade debts44€0.05m€0.002m▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Gross operating margin9900€0.4m€0.4m▼
Operating profit (loss)9901€0.2m€0.2m▲
Recurring financial income75€1€1▼
Recurring financial charges65€0.08m€0.07m▼
Profit (loss) for the period before taxes9903€0.07m€0.1m▲
Profit (loss) for the period9904€0.07m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.07m€0.1m▲
Appropriation of the result
Return on contributions (dividend)694€0.2m-
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€140,804€141,550▲ 0.5%
Gross operating margin9900€353,663€351,804▼ 0.5%
Operating profit (loss)9901€150,322€189,307▲ 25.9%
Recurring financial income75€1€1▼ 39.4%
Recurring financial charges65€82,514€74,497▼ 9.7%
Profit (loss) for the period before taxes9903€67,809€114,811▲ 69.3%
Profit (loss) for the period9904€67,809€114,811▲ 69.3%
Profit (loss) for the period to be appropriated9905€67,809€114,811▲ 69.3%
Line20182019Change
Assets
Total assets20/58€2.1m€1.8m▼ 14.0%
Fixed assets21/28€1.6m€1.5m▼ 8.6%
Tangible fixed assets22/27€1.6m€1.5m▼ 8.6%
Current assets29/58€0.5m€0.3m▼ 32.5%
Stocks and contracts in progress3€0.01m€0.01m=
Amounts receivable within one year40/41€0.02m€0.04m▲ 74.0%
Cash at bank and in hand54/58€0.4m€0.3m▼ 39.0%
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.8m▼ 14.0%
Equity10/15€0.2m€0.3m▲ 58.3%
Contributions10/11€0.1m€0.1m=
Reserves13€0.01m€0.01m=
Profit (loss) carried forward14€0.03m€0.1m▲ 328%
Amounts payable17/49€1.9m€1.5m▼ 21.6%
Amounts payable after more than one year17€1.5m€1.3m▼ 12.7%
Amounts payable within one year42/48€0.3m€0.1m▼ 58.1%
Trade debts44€0.05m€0.002m▼ 96.0%
Line20182019Change
Profit (loss) for the period9904€67,809€114,811▲ 69.3%
+ Depreciation and write-downs630€140,804€141,550▲ 0.5%
Operating cash flow (approximation)€208,613€256,361▲ 22.9%
Investment in fixed assets (approximation)--€4,435-
Change in cash--€167,229-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2019 abbreviated format 22-10-2021 2021-72600349
31-12-2018 abbreviated format 26-06-2019 2019-22900025
31-12-2017 abbreviated format 21-06-2018 2018-23000224
31-12-2016 abbreviated format 06-06-2017 2017-16100011
31-12-2015 abbreviated format 15-06-2016 2016-19300234
31-12-2014 abbreviated format 01-06-2015 2015-15400272
31-12-2013 abbreviated format 04-06-2014 2014-15300148
31-12-2012 abbreviated format 20-08-2013 2013-44300571
31-12-2011 abbreviated format 20-08-2012 2012-42700516
31-12-2010 abbreviated format 24-08-2011 2011-44100252

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.