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InactiveFinancials · financial year 2019, abbreviated format
Annual accounts 2019 filed on 13-07-2020 PDF all 12 filings
Turnover
≈ €410,000
Estimated: probably between €250,000 and €780,000
Total assets
€231,333▲ 22.0%
2018 · €189,675
Net result
€147▼ 75.0%
2018 · €586
Working capital
€44,563▼ 4.7%
2018 · €46,776
Multi-year overview
2018 to 2019, 2 financial yearsOperating result
€12,943
▲ 41.2%
2019
20182019
Net result
€147
▼ 75.0%
2019
20182019
Equity
€70,895
▲ 0.2%
2019
20182019
Total assets
€231,333
▲ 22.0%
2019
20182019
Debt
€160,438
▲ 34.9%
2019
20182019
Working capital
€44,563
▼ 4.7%
2019
20182019
Staff (FTE)
2
=
2019
20182019
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019
Operating result€9,168-€12,943▲ 41.2%
Net result€586-€147▼ 75.0%
Equity€70,749-€70,895▲ 0.2%
Total assets€189,675-€231,333▲ 22.0%
Debt€118,926-€160,438▲ 34.9%
Working capital€46,776-€44,563▼ 4.7%
Staff (FTE)2-2=
The operating result for 2019 is 41% higher than in 2018.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €231,333
Fixed assets
€64,678 ▲ 169%
Current assets
€166,654 ▲ 0.6%
Equity and liabilities €231,333
Equity
€70,895 ▲ 0.2%
Debt
€160,438 ▲ 34.9%
Debt's share of the balance-sheet total rises from 62.7% to 69.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,492▲
2018 · €24,126
Cash flow
€28,695▲
2018 · €15,544
Current ratio
1.36▼
2018 · 1.39
Debt to equity
0.54
ROE
0.2%▼
2018 · 0.8%
ROA
0.1%▼
2018 · 0.3%
Debt ≤ 1 year
€122,092▲
2018 · €118,886
Debt > 1 year
€38,346
Income taxes
€10,589▲
2018 · €7,431
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,958 | €28,548 | ▲ 90.9% |
| Gross operating margin9900 | €158,942 | €162,941 | ▲ 2.5% |
| Operating profit (loss)9901 | €9,168 | €12,943 | ▲ 41.2% |
| Recurring financial income75 | €16 | €10 | ▼ 36.0% |
| Recurring financial charges65 | €1,167 | €2,218 | ▲ 90.1% |
| Profit (loss) for the period before taxes9903 | €8,017 | €10,735 | ▲ 33.9% |
| Income taxes67/77 | €7,431 | €10,589 | ▲ 42.5% |
| Profit (loss) for the period9904 | €586 | €147 | ▼ 75.0% |
| Profit (loss) for the period to be appropriated9905 | €586 | €147 | ▼ 75.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €189,675 | €231,333 | ▲ 22.0% |
| Fixed assets21/28 | €24,012 | €64,678 | ▲ 169% |
| Tangible fixed assets22/27 | €23,112 | €63,778 | ▲ 176% |
| Financial fixed assets28 | €900 | €900 | = |
| Current assets29/58 | €165,662 | €166,654 | ▲ 0.6% |
| Amounts receivable within one year40/41 | €156,222 | €134,376 | ▼ 14.0% |
| Cash at bank and in hand54/58 | €5,440 | €28,279 | ▲ 420% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €189,675 | €231,333 | ▲ 22.0% |
| Equity10/15 | €70,749 | €70,895 | ▲ 0.2% |
| Contributions10/11 | €39,200 | €39,200 | = |
| Reserves13 | €23,920 | €28,920 | ▲ 20.9% |
| Profit (loss) carried forward14 | €2,629 | €2,775 | ▲ 5.6% |
| Amounts payable17/49 | €118,926 | €160,438 | ▲ 34.9% |
| Amounts payable after more than one year17 | - | €38,346 | - |
| Amounts payable within one year42/48 | €118,886 | €122,092 | ▲ 2.7% |
| Trade debts44 | €13,779 | €19,218 | ▲ 39.5% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €586 | €147 | ▼ 75.0% |
| + Depreciation and write-downs630 | €14,958 | €28,548 | ▲ 90.9% |
| Operating cash flow (approximation) | €15,544 | €28,695 | ▲ 84.6% |
| Investment in fixed assets (approximation) | - | -€69,214 | - |
| Change in cash | - | €22,839 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | abbreviated format | 13-07-2020 | 2020-29200147 | |
| 31-12-2018 | abbreviated format | 01-08-2019 | 2019-42400579 | |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-42800012 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-39700545 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52000401 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-56400310 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-53800544 | |
| 31-12-2012 | abbreviated format | 19-07-2013 | 2013-33700034 | |
| 31-12-2011 | abbreviated format | 17-08-2012 | 2012-42200043 | |
| 31-12-2010 | abbreviated format | 06-12-2011 | 2011-63100251 |