SU
Open bankruptcyFinancials · financial year 2021, micro format
Turnover
€580,621▲ 35.6%
2020 · €428,216
EBIT margin
29.4%▲ 7.4pp
2020 · 22.0%
Net result
€139,032▲ 95.1%
2020 · €71,278
Working capital
€320,133▲ 76.0%
2020 · €181,904
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result recovers in 2021; 2021 is 81% above 2020 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€580,621
2021
Operating result€170,529
2021
Net result€139,032
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€446,758
2021
Equity€328,436
2021
Debt€118,321
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€320,133
2021
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin29.4%
2021
Return on assets (ROA)31.1%
2021
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency73.5%
2021
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.71
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€202,983-€340,358▲ 67.7%€428,216▲ 25.8%€580,621▲ 35.6%
Operating result€41,728-€114,345▲ 174%€94,041▼ 17.8%€170,529▲ 81.3%
Net result€32,353-€78,932▲ 144%€71,278above the sector's middle half▼ 9.7%€139,032above the sector's middle half▲ 95.1%
EBIT margin20.6%-33.6%▲ 13.0pp22.0%▼ 11.6pp29.4%▲ 7.4pp
Equity€39,195-€118,126▲ 201%€189,404above the sector's middle half▲ 60.3%€328,436above the sector's middle half▲ 73.4%
Total assets€73,180-€179,963▲ 146%€303,300above the sector's middle half▲ 68.5%€446,758above the sector's middle half▲ 47.3%
Debt€33,985-€61,837▲ 82.0%€113,896▲ 84.2%€118,321▲ 3.9%
Working capital€31,695-€110,626▲ 249%€181,904above the sector's middle half▲ 64.4%€320,133above the sector's middle half▲ 76.0%
Solvency53.6%-65.6%▲ 12.1pp62.4%above the sector's middle half▼ 3.2pp73.5%above the sector's middle half▲ 11.1pp
Current ratio1.93-2.79▲ 0.862.60above the sector's middle half▼ 0.193.71above the sector's middle half▲ 1.11
Return on assets (ROA)44.2%-43.9%▼ 0.4pp23.5%above the sector's middle half▼ 20.4pp31.1%above the sector's middle half▲ 7.6pp
above
within
below
the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €446,758
Fixed assets
€8,303 ▲ 10.7%
Current assets
€438,455 ▲ 48.2%
Equity and liabilities €446,758
Equity
€328,436 ▲ 73.4%
Debt
€118,321 ▲ 3.9%
Debt's share of the balance-sheet total falls from 37.6% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€170,889
Cash flow
€139,392
Quick ratio
3.69▲
2020 · 2.59
Debt to equity
0.36
ROE
42.3%▲
2020 · 37.6%
Interest coverage
91.47
Debt ≤ 1 year
€118,321▲
2020 · €113,896
Income taxes
€29,629▲
2020 · €19,275
Staff costs
€35,219
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 | €202,983 | €340,358 | €428,216 | €580,621 | ▲ 35.6% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €428,972 | - |
| Remuneration, social security and pensions62 | - | - | - | €35,219 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €360 | - |
| Other operating charges640/8 | - | - | - | €4,716 | - |
| Gross operating margin9900 | €41,728 | €114,470 | €94,061 | €210,824 | ▲ 124% |
| Operating profit (loss)9901 | €41,728 | €114,345 | €94,041 | €170,529 | ▲ 81.3% |
| Financial charges65/66B | - | - | - | €1,868 | - |
| Recurring financial charges65 | €1,327 | €2,101 | €3,487 | €1,868 | ▼ 46.4% |
| Profit (loss) for the period before taxes9903 | €40,401 | €112,244 | €90,553 | €168,661 | ▲ 86.3% |
| Income taxes67/77 | €8,047 | €33,312 | €19,275 | €29,629 | ▲ 53.7% |
| Profit (loss) for the period9904 | €32,353 | €78,932 | €71,278 | €139,032 | ▲ 95.1% |
| Profit (loss) for the period to be appropriated9905 | €32,353 | €78,932 | €71,278 | €139,032 | ▲ 95.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €73,180 | €179,963 | €303,300 | €446,758 | ▲ 47.3% |
| Fixed assets21/28 | €7,500 | €7,500 | €7,500 | €8,303 | ▲ 10.7% |
| Tangible fixed assets22/27 | - | - | - | €803 | - |
| Plant, machinery and equipment23 | - | - | - | €803 | - |
| Financial fixed assets28 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Current assets29/58 | €65,680 | €172,463 | €295,800 | €438,455 | ▲ 48.2% |
| Stocks and contracts in progress3 | €2,000 | €1,500 | €1,300 | €1,400 | ▲ 7.7% |
| Stocks30/36 | - | - | - | €1,400 | - |
| Amounts receivable within one year40/41 | €63,588 | €170,871 | €294,408 | €436,155 | ▲ 48.1% |
| Trade receivables40 | - | - | - | €221 | - |
| Other amounts receivable41 | - | - | - | €435,934 | - |
| Cash at bank and in hand54/58 | €92 | €92 | €92 | €900 | ▲ 878% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €73,180 | €179,963 | €303,300 | €446,758 | ▲ 47.3% |
| Equity10/15 | €39,195 | €118,126 | €189,404 | €328,436 | ▲ 73.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Contributions outside capital11 | - | - | - | €20,460 | - |
| Other1109/19 | - | - | - | €20,460 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | €18,735 | €97,666 | €168,944 | €307,976 | ▲ 82.3% |
| Amounts payable17/49 | €33,985 | €61,837 | €113,896 | €118,321 | ▲ 3.9% |
| Amounts payable within one year42/48 | €33,985 | €61,837 | €113,896 | €118,321 | ▲ 3.9% |
| Financial debts43 | - | - | - | €1,698 | - |
| Credit institutions430/8 | - | - | - | €1,698 | - |
| Trade debts44 | €2,876 | €4,175 | €1,266 | €8,373 | ▲ 561% |
| Suppliers440/4 | - | - | - | €8,373 | - |
| Taxes, remuneration and social security45 | - | - | - | €108,251 | - |
| Taxes450/3 | - | - | - | €108,251 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,353 | €78,932 | €71,278 | €139,032 | ▲ 95.1% |
| + Depreciation and write-downs630 | - | - | - | €360 | - |
| Operating cash flow (approximation) | €32,353 | €78,932 | €71,278 | €139,392 | ▲ 95.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,163 | - |
| Change in cash | - | €0 | €0 | €808 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 14-07-2022 | 2022-20208263 |
| 31-12-2020 | micro format | 20-12-2021 | 2021-81100333 |
| 31-12-2019 | micro format | 13-12-2021 | 2021-80200303 |
| 31-12-2018 | micro format | 28-09-2020 | 2020-56800518 |
| 31-12-2017 | micro format | 21-11-2019 | 2019-74400113 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-55300065 |
| 31-12-2015 | abbreviated format | 09-07-2016 | 2016-30100255 |
| 31-12-2014 | abbreviated format | 08-06-2015 | 2015-15600371 |
| 31-12-2013 | abbreviated format | 17-06-2014 | 2014-18400158 |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-53700338 |
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Of the 21,390 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 10,002. 5,521 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.