SCORIETHOM
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 08-02-2022, 8 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
2021
8 d late
2020
75 d early
2019
86 d early
2018
82 d early
2017
47 d early
2016
108 d early
2015
102 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
€549k▼ 93.8%
2019 · €8.84M
2018: €8.44M
2019: €8.84M
2018 → 2021
EBIT margin
2.7%▼ 1.0pp
2019 · 3.6%
2018: 1.8%
2019: 3.6%
2018 → 2021
Net result
€10k▼ 96.2%
2019 · €256k
2018: €74k
2019: €256k
2018 → 2021
Working capital
€1.52M▲ 18.9%
2019 · €1.28M
2018: €993k
2019: €1.28M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Turnover€8.44M-€8.84M▲ 4.7%€549k▼ 93.8%
Equity€2.65M-€2.90M▲ 9.7%€2.95M▲ 1.7%
Operating result€149k-€322k▲ 116%€15k▼ 95.4%
Net result€74k-€256k▲ 245%€10k▼ 96.2%
Result per fiscal year
Operating resultNet result
The operating result is €15k in 2021, compared with €322k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €3.32M
Fixed assets
€1.53M▼ 10.4%
Current assets
€1.79M▼ 7.9%
Equity and liabilities €3.32M
Equity
€2.95M▲ 1.7%
Provisions
€99k▲ 17.9%
Debt
€268k▼ 59.5%
The debt ratio falls from 18.2% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€172k▼
2019 · €676k
Cash flow
€167k▼
2019 · €610k
Solvency
88.9%▲
2019 · 79.5%
Current ratio
6.65▲
2019 · 2.92
Quick ratio
6.65▲
2019 · 2.92
ROE
0.3%▼
2019 · 8.8%
ROA
0.3%▼
2019 · 7.0%
Debt
€268k▼
2019 · €664k
Debt ≤ 1 year
€268k▼
2019 · €664k
Income taxes
€5k▼
2019 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2019
Balance sheet
Code20192021
Assets
Total assets20/58€3.65M€3.32M▼
Fixed assets21/28€1.71M€1.53M▼
Tangible fixed assets22/27€1.71M€1.53M▼
Financial fixed assets28€30-
Current assets29/58€1.94M€1.79M▼
Amounts receivable within one year40/41€1.94M€1.77M▼
Equity and liabilities
Total equity and liabilities10/49€3.65M€3.32M▼
Equity10/15€2.90M€2.95M▲
Contributions10/11€843k-
Reserves13€2.06M€2.14M▲
Provisions and deferred taxes16€84k€99k▲
Amounts payable17/49€664k€268k▼
Amounts payable within one year42/48€664k€268k▼
Trade debts44€546k€209k▼
Income statement
Code20192021
Turnover70€8.84M€549k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€355k€158k▼
Operating profit (loss)9901€322k€15k▼
Recurring financial income75€7k€1▼
Recurring financial charges65€1k€173▼
Debt charges650€1k-
Profit (loss) for the period before taxes9903€327k€15k▼
Income taxes67/77€71k€5k▼
Profit (loss) for the period9904€256k€10k▼
Profit (loss) for the period to be appropriated9905€256k€10k▼
Timeline · acts, filings and financial milestones
2022
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
20-12
State Gazette act
General meeting · Merger
Accounting effect · Dissolution · Patrick Coppieters 't Wallant
25-10
State Gazette act
Merger · Accounting effect
Real estate · Shareholding
30-06
Financial
Weakest financial yearnet €10k ▼96.2%
Net result drops to €10k, the lowest in the series.
30-06
Financial
Liquidity doublescurrent ratio 6.65
Current ratio from 2.92 to 6.65; short-term debt falls from €664k to €268k.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-07
State Gazette act
General meeting · Demerger
Capital increase · Share issue · Patrick Coppieters 't Wallant
26-05
State Gazette act
Demerger · Corporate purpose
Accounting effect · Power of attorney
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €256k ▲245%
Operating result €322k, net result €256k, both a record.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
08-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
26-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
28-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
3 transactionsTaken over by:AVEVE
Received a contribution from:Arvesta Belgium
Contributed a business line to:ARVESTA BELGIUM