TECH DEPLOY
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 24-06-2021, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
37 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€1.20M=
2019 · €1.20M
EBIT margin
91.6%▲ 53.5pp
2019 · 38.0%
Net result
€871k▲ 91.1%
2019 · €456k
Working capital
€2.24M▲ 63.7%
2019 · €1.37M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€1.20M-€1.20M=€1.20M=
Operating result€-109k-€457k€1.10M▲ 141%
Net result€-123k-€456k€871k▲ 91.1%
EBIT margin-9.1%-38.0%▲ 47.1pp91.6%▲ 53.5pp
Equity€917k-€1.37M▲ 49.7%€2.24M▲ 63.5%
Total assets€967k-€1.41M▲ 45.3%€2.25M▲ 60.0%
Debt€50k-€32k▼ 35.7%€5k▼ 85.9%
Working capital€395k-€1.37M▲ 247%€2.24M▲ 63.7%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 141% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €2.25M
Equity
€2.24M ▲ 63.5%
Debt
€5k ▼ 85.9%
Debt's share of the balance-sheet total falls from 2.3% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.10M▲
2019 · €997k
Cash flow
€873k▼
2019 · €997k
ROE
38.8%▲
2019 · 33.2%
ROA
38.7%▲
2019 · 32.5%
Debt ≤ 1 year
€5k▼
2019 · €32k
Income taxes
€225k
A ratio outside any meaningful range has been withheld (balance sheet total €2.25M, equity €2.24M).
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 |
|---|---|---|---|---|
| Turnover70 | €1.20M | €1.20M | €1.20M | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.16M | €541k | €2k | ▼ 99.6% |
| Operating profit (loss)9901 | €-109k | €457k | €1.10M | ▲ 141% |
| Recurring financial charges65 | €14k | €577 | €3k | ▲ 471% |
| Debt charges650 | €14k | - | - | - |
| Profit (loss) for the period before taxes9903 | €-123k | €456k | €1.10M | ▲ 140% |
| Income taxes67/77 | - | - | €225k | - |
| Profit (loss) for the period9904 | €-123k | €456k | €871k | ▲ 91.1% |
| Profit (loss) for the period to be appropriated9905 | €-123k | €456k | €871k | ▲ 91.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €967k | €1.41M | €2.25M | ▲ 60.0% |
| Fixed assets21/28 | €543k | €2k | - | - |
| Intangible fixed assets21 | €543k | €2k | - | - |
| Current assets29/58 | €424k | €1.40M | €2.25M | ▲ 60.3% |
| Amounts receivable within one year40/41 | €55k | €50k | €51k | ▲ 1.7% |
| Cash at bank and in hand54/58 | €369k | €1.35M | €2.20M | ▲ 62.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €967k | €1.41M | €2.25M | ▲ 60.0% |
| Equity10/15 | €917k | €1.37M | €2.24M | ▲ 63.5% |
| Contributions10/11 | €1.30M | €1.30M | €1.30M | = |
| Reserves13 | €267k | €267k | €944k | ▲ 253% |
| Profit (loss) carried forward14 | €-651k | €-195k | €-651k | ▼ 234% |
| Amounts payable17/49 | €50k | €32k | €5k | ▼ 85.9% |
| Amounts payable within one year42/48 | €29k | €32k | €5k | ▼ 85.9% |
| Trade debts44 | €29k | €32k | €5k | ▼ 85.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-123k | €456k | €871k | ▲ 91.1% |
| + Depreciation and write-downs630 | €1.16M | €541k | €2k | ▼ 99.6% |
| Operating cash flow (approximation) | €1.04M | €997k | €873k | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €984k | €845k | ▼ 14.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
20-05
State Gazette act
Merger · Accounting effect
Corporate purpose · Shareholding
20-05
State Gazette act
Merger · Accounting effect
Corporate purpose
2020
31-12
Financial
Highest result since 2018net €871k ▲91.1%
Operating result €1.10M, net result €871k, both a record.
31-12
Financial
Liquidity times 11current ratio 497.74
Current ratio from 43.67 to 497.74; short-term debt falls from €32k to €5k.
31-12
Financial
Equity above €2MEq €2.24M ▲63.5%
2 profitable years in a row build equity to €2.24M.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €456k
Net result €456k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 43.67
Current ratio from 14.69 to 43.67.
31-12
Financial
Equity above €1MEq €1.37M ▲49.7%
Equity rises from €917k to €1.37M.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:RANDSTAD GROUP BELGIUM