Result
The result rose in 2020 from -€1.6m to -€89,708.
The result rose in 2020 from -€1.6m to -€89,708.
Of this, €1.1m falls due within a year.
The last three annual accounts were filed 1 to 34 days before the end of the period.
Equity fell from €879,420 in 2018 to -€787,226 in 2020, while debts rose from €1.9m to €2.0m.
On 24 March 2022 the court declared THUNDERBIRD bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | Trend | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
1.2m | 1.3m | 2.8m | |
21/28 |
1.2m | 1.2m | 2.8m | |
28 |
1.2m | 1.2m | 2.8m | |
29/58 |
15,332 | 54,101 | 50,105 | |
40/41 |
9,995 | 17,126 | 45,002 | |
40 |
2,080 | - | 30,250 | |
41 |
7,915 | 17,126 | 14,752 | |
54/58 |
5,337 | 35,842 | 1,920 | |
490/1 |
- | 1,133 | 3,183 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1.2m | 1.3m | 2.8m | |
10/15 |
-787,226 | -697,518 | 879,420 | |
10/11 |
250,000 | 250,000 | 250,000 | |
100 |
- | 250,000 | 250,000 | |
13 |
25,000 | 25,000 | 629,420 | |
130/1 |
25,000 | - | - | |
130 |
- | 25,000 | 25,000 | |
1311 |
25,000 | - | - | |
133 |
- | - | 604,420 | |
14 |
-1.1m | -972,518 | - | |
17/49 |
2.0m | 2.0m | 1.9m | |
17 |
924,672 | 924,672 | 1.4m | |
170/4 |
924,672 | 924,672 | 1.4m | |
42/48 |
1.1m | 1.0m | 535,961 | |
42 |
459,988 | 459,988 | 458,439 | |
44 |
1,501 | 143 | 77,467 | |
440/4 |
1,501 | 143 | 77,467 | |
45 |
1,392 | 545 | 54 | |
450/3 |
1,392 | 545 | 54 | |
47/48 |
615,006 | 565,900 | - | |
492/3 |
- | 372 | 66 | |
| Income statement | ||||
9900 |
-69,296 | -2,260 | 99,479 | |
630 |
- | - | 1,409 | |
640/8 |
1,368 | 1,669 | 3,835 | |
66A |
- | 1.6m | - | |
9901 |
-70,664 | -3,930 | 94,234 | |
75/76B |
165 | - | 600,000 | |
75 |
165 | - | 600,000 | |
65/66B |
18,362 | 1.6m | 29,491 | |
65 |
18,362 | 22,463 | 29,491 | |
66B |
- | 1.6m | - | |
9903 |
-88,861 | -1.6m | 664,744 | |
67/77 |
847 | 545 | 35,324 | |
9904 |
-89,708 | -1.6m | 629,420 | |
9905 |
-89,708 | -1.6m | 629,420 | |
| Appropriation of the result | ||||
9906 |
-1.1m | -1.6m | 629,420 | |
791/2 |
- | 604,420 | - | |
691/2 |
- | - | 629,420 | |
6920 |
- | - | 25,000 | |
6921 |
- | - | 604,420 | |
| Document | ||||
Source: Annual accounts 2020 (PDF), filed on 30-07-2021.
| Line | Trend | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| - | - | 95,643 | ||
| - | - | 630,828 | ||
| - | - | 2.8m | ||
| -30,505 | 33,922 | - | ||
| -1.1m | -972,474 | -485,855 | ||
| -64.8% | -55.6% | 31.4% | ||
| 0.01 | 0.05 | 0.09 | ||
| - | - | 2.18 | ||
| - | - | 71.6% | ||
| -7.4% | -125.7% | 22.5% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2020 is a loss of €70,664, larger than the loss of €3,930 in 2019. It is the lowest result since 2018.
Equity is negative. Debt (€2.0m) exceeds the balance-sheet total (€1.2m).
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2020 accounts. Every holding stands with its own latest accounts.
See the function holders in the KBO register.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
THUNDERBIRD is no longer in the KBO register.
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