TUPPERWARE GENERAL SERVICES
Open bankruptcyFinancials · financial year 2023, full format
Turnover
€9.1m▼ 21.7%
2022 · €11.6m
EBIT margin
5.3%▼ 2.9pp
2022 · 8.1%
Net result
€547,034▼ 19.4%
2022 · €679,099
Working capital
€7.8m▲ 6.3%
2022 · €7.4m
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result has fallen two years in a row; 2023 is 49% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€9.1m
2023
Operating result€0.5m
2023
Net result€0.5m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€9.5m
2023
Equity€8.0m
2023
Debt€1.5m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€7.8m
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin5.3%
2023
Return on assets (ROA)5.8%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency84.3%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio6.43
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)44.2
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€10.9m-€11.8m▲ 8.5%€11.1m▼ 5.7%€11.8m▲ 6.1%€11.6m▼ 1.8%€9.1m▼ 21.7%
Operating result€0.9m-€1.1m▲ 14.2%€0.2m▼ 80.9%€1.0m▲ 385%€0.9m▼ 4.6%€0.5m▼ 49.3%
Net result€0.6m-€0.7m▲ 20.0%€0.08mwithin the sector's middle half▼ 88.3%€0.6mabove the sector's middle half▲ 717%€0.7mabove the sector's middle half▲ 6.6%€0.5mabove the sector's middle half▼ 19.4%
EBIT margin8.6%-9.0%▲ 0.4pp1.8%▼ 7.2pp8.4%▲ 6.5pp8.1%▼ 0.2pp5.3%▼ 2.9pp
Equity€5.4m-€6.0m▲ 12.5%€6.1mabove the sector's middle half▲ 1.3%€6.7mabove the sector's middle half▲ 10.4%€7.4mabove the sector's middle half▲ 10.1%€8.0mabove the sector's middle half▲ 7.4%
Total assets€10.2m-€8.1m▼ 20.6%€8.9mabove the sector's middle half▲ 9.8%€8.8mabove the sector's middle half▼ 1.3%€9.4mabove the sector's middle half▲ 6.9%€9.5mabove the sector's middle half▲ 0.5%
Debt€4.8m-€2.0m▼ 58.9%€2.7m▲ 39.1%€2.0m▼ 27.7%€1.9m▼ 4.1%€1.5m▼ 22.1%
Working capital€5.0m-€5.8m▲ 15.5%€5.9mabove the sector's middle half▲ 2.9%€6.7mabove the sector's middle half▲ 12.1%€7.4mabove the sector's middle half▲ 10.9%€7.8mabove the sector's middle half▲ 6.3%
Solvency52.4%-74.3%▲ 21.9pp68.5%above the sector's middle half▼ 5.8pp76.7%above the sector's middle half▲ 8.2pp78.9%above the sector's middle half▲ 2.3pp84.3%above the sector's middle half▲ 5.4pp
Current ratio2.05-4.00▲ 1.953.24above the sector's middle half▼ 0.764.57above the sector's middle half▲ 1.335.09above the sector's middle half▲ 0.536.43above the sector's middle half▲ 1.34
Return on assets (ROA)5.4%-8.2%▲ 2.8pp0.9%within the sector's middle half▼ 7.4pp7.2%within the sector's middle half▲ 6.4pp7.2%within the sector's middle half=5.8%within the sector's middle half▼ 1.4pp
Staff (FTE)53.6-60.5▲ 12.9%63.1above the sector's middle half▲ 4.3%60.8above the sector's middle half▼ 3.6%52.2above the sector's middle half▼ 14.1%44.2above the sector's middle half▼ 15.3%
above
within
below
the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: 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
2023 in colour, 2022 as the grey bar beneath
Assets €9.5m
Fixed assets
€158,492 ▼ 27.6%
Current assets
€9.3m ▲ 1.2%
Equity and liabilities €9.5m
Equity
€8.0m ▲ 7.4%
Provisions
€5,310 ▼ 93.6%
Debt
€1.5m ▼ 22.1%
Debt's share of the balance-sheet total falls from 20.2% to 15.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€531,980▼
2022 · €1.0m
Cash flow
€601,924▼
2022 · €746,077
Debt to equity
0.19▼
2022 · 0.26
ROE
6.9%▼
2022 · 9.2%
Interest coverage
31.83▼
2022 · 69.35
Debt ≤ 1 year
€1.4m▼
2022 · €1.8m
Income taxes
€253,035▼
2022 · €289,224
Staff costs
€6.4m▼
2022 · €7.8m
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 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €12.2m | €11.9m | €9.3m | ▼ 21.5% |
| Turnover70 | €10.9m | €11.8m | €11.1m | €11.8m | €11.6m | €9.1m | ▼ 21.7% |
| Other operating income74 | - | - | - | €0.4m | €0.3m | €0.3m | ▼ 12.9% |
| Operating charges60/66A | - | - | - | €11.2m | €11.0m | €8.9m | ▼ 19.1% |
| Services and other goods61 | - | - | - | €3.3m | €3.1m | €2.5m | ▼ 20.4% |
| Remuneration, social security and pensions62 | - | - | - | €7.8m | €7.8m | €6.4m | ▼ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.09m | €0.07m | €0.05m | ▼ 18.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.001m | €0.01m | -€0.08m | - |
| Other operating charges640/8 | - | - | - | €0.005m | €0.001m | €132 | ▼ 81.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.005m | - |
| Operating profit (loss)9901 | €0.9m | €1.1m | €0.2m | €1.0m | €0.9m | €0.5m | ▼ 49.3% |
| Financial income75/76B | - | - | - | €0.007m | €0.06m | €0.3m | ▲ 499% |
| Recurring financial income75 | €0.2m | €0.002m | €0.007m | €0.007m | €0.06m | €0.3m | ▲ 499% |
| Income from current assets751 | - | - | - | €0.007m | €0.06m | €0.3m | ▲ 495% |
| Other financial income752/9 | - | - | - | - | - | €0.002m | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.02m | ▼ 22.0% |
| Recurring financial charges65 | €0.3m | €0.07m | €0.02m | €0.03m | €0.03m | €0.02m | ▼ 22.0% |
| Debt charges650 | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 15.1% |
| Other financial charges652/9 | - | - | - | €0.01m | €0.02m | €0.007m | ▼ 56.9% |
| Non-recurring financial charges66B | - | - | - | €0.002m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.9m | €1.0m | €0.2m | €1.0m | €1.0m | €0.8m | ▼ 17.4% |
| Income taxes67/77 | €0.3m | €0.3m | €0.1m | €0.3m | €0.3m | €0.3m | ▼ 12.5% |
| Taxes670/3 | - | - | - | €0.3m | €0.3m | €0.3m | ▼ 12.5% |
| Profit (loss) for the period9904 | €0.6m | €0.7m | €0.08m | €0.6m | €0.7m | €0.5m | ▼ 19.4% |
| Profit (loss) for the period to be appropriated9905 | €0.6m | €0.7m | €0.08m | €0.6m | €0.7m | €0.5m | ▼ 19.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €10.2m | €8.1m | €8.9m | €8.8m | €9.4m | €9.5m | ▲ 0.5% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 27.6% |
| Intangible fixed assets21 | €0.1m | €0.08m | €0.04m | €0.005m | - | - | - |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 25.7% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.03m | €0.02m | ▼ 31.0% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.08m | €0.05m | ▼ 34.7% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.1m | €0.09m | ▼ 17.5% |
| Financial fixed assets28 | €373 | €0.004m | €0.004m | €0.005m | €0.005m | €99 | ▼ 98.2% |
| Other financial fixed assets284/8 | - | - | - | €0.005m | €0.005m | €99 | ▼ 98.2% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.005m | €0.005m | €99 | ▼ 98.2% |
| Current assets29/58 | €9.8m | €7.7m | €8.6m | €8.5m | €9.2m | €9.3m | ▲ 1.2% |
| Amounts receivable within one year40/41 | €9.7m | €1.0m | €1.1m | €1.1m | €0.9m | €1.3m | ▲ 32.8% |
| Trade receivables40 | - | - | - | €0.7m | €0.9m | €1.2m | ▲ 35.8% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.06m | €0.06m | ▼ 9.4% |
| Cash at bank and in hand54/58 | €0.002m | €6.6m | €7.4m | €7.4m | €8.2m | €8.0m | ▼ 2.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.04m | €0.02m | ▼ 36.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €10.2m | €8.1m | €8.9m | €8.8m | €9.4m | €9.5m | ▲ 0.5% |
| Equity10/15 | €5.4m | €6.0m | €6.1m | €6.7m | €7.4m | €8.0m | ▲ 7.4% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €5.3m | €6.0m | €6.0m | €6.7m | €7.4m | €7.9m | ▲ 7.4% |
| Provisions and deferred taxes16 | €0.08m | €0.1m | €0.07m | €0.07m | €0.08m | €0.005m | ▼ 93.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.07m | €0.08m | €0.005m | ▼ 93.6% |
| Pensions and similar obligations160 | - | - | - | €0.07m | €0.08m | €0.005m | ▼ 93.6% |
| Amounts payable17/49 | €4.8m | €2.0m | €2.7m | €2.0m | €1.9m | €1.5m | ▼ 22.1% |
| Amounts payable within one year42/48 | €4.8m | €1.9m | €2.7m | €1.9m | €1.8m | €1.4m | ▼ 19.9% |
| Trade debts44 | €2.7m | €0.7m | €1.2m | €0.2m | €0.5m | €0.3m | ▼ 42.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.5m | €0.3m | ▼ 42.0% |
| Taxes, remuneration and social security45 | - | - | - | €1.6m | €1.3m | €1.2m | ▼ 11.9% |
| Taxes450/3 | - | - | - | €0.1m | €0.3m | €0.2m | ▼ 21.8% |
| Remuneration and social security454/9 | - | - | - | €1.5m | €1.0m | €0.9m | ▼ 8.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.09m | €0.03m | ▼ 64.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.6m | €0.7m | €0.08m | €0.6m | €0.7m | €0.5m | ▼ 19.4% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.09m | €0.07m | €0.05m | ▼ 18.0% |
| Operating cash flow (approximation) | €0.7m | €0.8m | €0.2m | €0.7m | €0.7m | €0.6m | ▼ 19.3% |
| Investment in fixed assets (approximation) | - | -€0.06m | -€0.004m | -€0.04m | -€0.01m | €0.005m | - |
| Change in cash | - | €6.6m | €0.8m | €0.01m | €0.8m | -€0.2m | - |
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 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 31-05-2024 | 2024-00110007 |
| 31-12-2022 | full format | 12-01-2024 | 2024-00000751 |
| 31-12-2021 | full format | 28-07-2022 | 2022-20236264 |
| 31-12-2020 | full format | 14-07-2021 | 2021-36100024 |
| 31-12-2019 | full format | 17-06-2020 | 2020-17900474 |
| 31-12-2018 | full format | 29-04-2019 | 2019-11700143 |
| 31-12-2017 | full format | 06-07-2018 | 2018-30100502 |
| 31-12-2016 | full format | 01-06-2017 | 2017-14100560 |
| 31-12-2015 | full format | 09-06-2016 | 2016-16400104 |
| 31-12-2014 | full format | 15-06-2015 | 2015-17600518 |
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Of the 11,512 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,713. 899 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.