TECHNICAL FORCES
InactiveFinancials · financial year 2020, abbreviated format
2020 annual accounts filed 31 days after the deadline Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-65200261.
Annual accounts 2020 filed on 31-08-2021 PDF all 9 filings
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result for 2020 is a loss of €2,494, after a profit of €2,054 in 2019.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €659 | €528 | €248 | ▼ 53.1% |
| Gross operating margin9900 | -€21,142 | €3,632 | -€1,223 | - |
| Operating profit (loss)9901 | -€20,751 | €2,054 | -€2,494 | - |
| Recurring financial income75 | €2,456 | €314 | €381 | ▲ 21.4% |
| Recurring financial charges65 | €102 | €52 | €84 | ▲ 63.0% |
| Profit (loss) for the period before taxes9903 | -€18,397 | €2,317 | -€2,197 | - |
| Income taxes67/77 | €240 | €218 | €225 | ▲ 2.8% |
| Profit (loss) for the period9904 | -€18,637 | €2,098 | -€2,422 | - |
| Profit (loss) for the period to be appropriated9905 | -€18,637 | €2,098 | -€2,422 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,846 | €40,983 | €30,002 | ▼ 26.8% |
| Fixed assets21/28 | €775 | €3,348 | €3,100 | ▼ 7.4% |
| Tangible fixed assets22/27 | €775 | €248 | - | - |
| Financial fixed assets28 | - | €3,100 | €3,100 | = |
| Current assets29/58 | €33,070 | €37,635 | €26,902 | ▼ 28.5% |
| Amounts receivable within one year40/41 | €11,432 | €31,818 | €24,082 | ▼ 24.3% |
| Cash at bank and in hand54/58 | €19,079 | €5,227 | €2,230 | ▼ 57.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,846 | €40,983 | €30,002 | ▼ 26.8% |
| Equity10/15 | €29,882 | €31,981 | €29,559 | ▼ 7.6% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Reserves13 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€5,118 | -€3,019 | -€5,441 | ▼ 80.2% |
| Amounts payable17/49 | €3,963 | €9,002 | €443 | ▼ 95.1% |
| Amounts payable within one year42/48 | €3,963 | €9,002 | €443 | ▼ 95.1% |
| Trade debts44 | €2,424 | €2,225 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,637 | €2,098 | -€2,422 | - |
| + Depreciation and write-downs630 | €659 | €528 | €248 | ▼ 53.1% |
| Operating cash flow (approximation) | -€17,978 | €2,626 | -€2,174 | - |
| Investment in fixed assets (approximation) | - | -€3,100 | €0 | - |
| Change in cash | - | -€13,852 | -€2,997 | ▲ 78.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65200261 | |
| 31-12-2019 | abbreviated format | 09-10-2020 | 2020-61400543 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46200344 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41500521 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54600296 | |
| 31-12-2015 | abbreviated format | 11-08-2016 | 2016-41800098 | |
| 31-12-2014 | abbreviated format | 22-07-2015 | 2015-32700190 | |
| 31-12-2013 | abbreviated format | 20-08-2014 | 2014-43700451 | |
| 31-12-2012 | abbreviated format | 24-07-2013 | 2013-34000265 |