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SWITCHON

Active
Public limited company· 14 yrs active
Noorderlaan 79 ·2030 Antwerpen, Belgium
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BE 0839.426.122
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Turnover
EBIT margin
Net result€-18.97M+0.3%
Working capital€-3.55M-3.7%
Directors1
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Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 21-10-2021 with the NBB · fiscal year 2021 · micro
€-20.00M€-15.00M€-10.00M€-5.00M€0Operating result 2019: €-30k€-30kNet result 2019: €-10.49M€-10.49MOperating result 2020: €51k€51kNet result 2020: €-19.02M€-19.02MNet result 2021: €-18.97M€-18.97M201920202021
Operating resultNet result
Net profit
€-18.97M
+0.3% 19–21
Total assets
€1
-100.0% 19–21
Equity
€-7.27M
+0.7% 19–21
Working capital
€-3.55M
-3.7% 19–21
Debt
€7.27M
-1.4% 19–21
Debt ≤ 1y
€3.50M
-2.8% 19–21
Debt > 1y
€3.76M
0.0% 19–21
Current ratio
0.01
+380.7% 19–21
Quick ratio
0.01
+380.7% 19–21
Solvency
-726614607.0%
-5039599.2% 19–21
Debt / equity
-0.52
-0.7% 19–21
ROE
261.0%
+0.4% 19–21
ROA
-1896614607.0%
-5060708.8% 19–21
Figures by fiscal year
Fiscal year2021
Revenue
EBITDA
Net profit€-18.97M
Cash flow
Staff costs
Income taxes
Dividends
Total assets€1
Equity€-7.27M
Debt€7.27M
of which ≤ 1y€3.50M
of which > 1y€3.76M
Working capital
Employees (FTE)
Ratios (computed)
2021
Current ratio
Quick ratio
Working capital ratio
Solvency-726614607.0%
Debt / equity-0.52
Long-term debt ratio-0.52
Interest coverage
Gross margin
Net margin
ROA-1896614607.0%
ROE261.0%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€1
Fixed assets 21/28€1
Financial fixed assets 28€1
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1
Equity 10/15€-7.27M
Contributions / capital 10/11€10.00M
Reserves 13€1.70M
Accumulated profits (losses) 14€-18.97M
Amounts payable 17/49€7.27M
Amounts payable after one year 17€3.76M
Amounts payable within one year 42/48€3.50M
Trade debts payable within one year 44€77k
Income statement
Result before taxes 9903€49k
Net result for the period 9904€49k
Result to be appropriated 9905€49k
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Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100

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