SCHIMPEN
InactiveInactive; last annual accounts for fiscal year 2019.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 12-05-2020, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2019
12 d late
2018
82 d early
2017
33 d early
2016
38 d early
2015
39 d early
2014
45 d early
2013
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, abbreviated schema
Equity
€333k▼ 21.1%
2018 · €423k
2018: €423k
2018 → 2019
Total assets
€21.90M▲ 387%
2018 · €4.50M
2018: €4.50M
2018 → 2019
Net result
€-89k
2018 · €186k
2018: €186k
2018 → 2019
Working capital
€-1.24M▼ 10.2%
2018 · €-1.12M
2018: €-1.12M
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€423k-€333k▼ 21.1%
Operating result€324k-€-48k
Net result€186k-€-89k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €48k after €324k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €21.90M
Fixed assets
€21.80M ▲ 433%
Current assets
€102k ▼ 74.9%
Equity and liabilities €21.90M
Equity
€333k ▼ 21.1%
Debt
€21.57M ▲ 429%
Debt's share of the balance-sheet total rises from 90.6% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€433k▼
2018 · €515k
Cash flow
€392k▲
2018 · €377k
Current ratio
0.08▼
2018 · 0.27
Debt to equity
60.64▲
2018 · 5.99
ROE
-26.8%▼
2018 · 44.0%
ROA
-0.4%▼
2018 · 4.1%
Debt ≤ 1 year
€1.34M▼
2018 · €1.53M
Debt > 1 year
€20.21M▲
2018 · €2.53M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet
Code20182019
Assets
Total assets20/58€4.50M€21.90M▲
Fixed assets21/28€4.09M€21.80M▲
Tangible fixed assets22/27€4.09M€21.80M▲
Current assets29/58€407k€102k▼
Amounts receivable within one year40/41€373k€26k▼
Cash at bank and in hand54/58€16k€76k▲
Equity and liabilities
Total equity and liabilities10/49€4.50M€21.90M▲
Equity10/15€423k€333k▼
Contributions10/11€212k€212k=
Reserves13€22k€22k=
Profit (loss) carried forward14€188k€99k▼
Amounts payable17/49€4.07M€21.57M▲
Amounts payable after more than one year17€2.53M€20.21M▲
Amounts payable within one year42/48€1.53M€1.34M▼
Trade debts44€7k-
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€482k▲
Gross operating margin9900€539k€460k▼
Operating profit (loss)9901€324k€-48k▼
Recurring financial income75€9k€1k▼
Recurring financial charges65€62k€42k▼
Profit (loss) for the period before taxes9903€272k€-89k▼
Income taxes67/77€86k-
Profit (loss) for the period9904€186k€-89k▼
Profit (loss) for the period to be appropriated9905€186k€-89k▼
Timeline · acts, filings and financial milestones
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
29-01
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney · Annelies Ghesquière
2019
07-11
State Gazette act
Merger · Capital
Corporate purpose · Permanent representative
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
03-09
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
11-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
29-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
10-01
State Gazette act
Incorporation · Founder
Founding capital · Bank account
2011
24-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
State Gazette actNBB filing
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Forum Estates