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InactiveInactive; last annual accounts for fiscal year 2020.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-04-2021, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2020
94 d early
2019
67 d early
2018
97 d early
2017
79 d early
2016
78 d early
2015
75 d early
2014
72 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€10k▼ 34.4%
2019 · €15k
2018: €27k
2019: €15k
2018 → 2020
EBIT margin
-2850.7%▼ 1468.2pp
2019 · -1382.5%
2018: -1013.4%
2019: -1382.5%
2018 → 2020
Net result
€2.88M
2019 · €-168k
2018: €-3.76M
2019: €-168k
2018 → 2020
Working capital
€18.25M▲ 37.5%
2019 · €13.27M
2018: €8.91M
2019: €13.27M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€27k-€15k▼ 44.4%€10k▼ 34.4%
Equity€-3.68M-€-3.85M▼ 4.6%€-964k▲ 74.9%
Operating result€-275k-€-208k▲ 24.2%€-282k▼ 35.3%
Net result€-3.76M-€-168k▲ 95.5%€2.88M
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €282k in 2020 against €208k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €24.19M
Fixed assets
€5.93M ▲ 17.1%
Current assets
€18.26M ▲ 37.5%
Key figures and ratios
Solvency
-4.0%▲
2019 · -21.0%
Debt to equity
-26.05▼
2019 · -5.76
ROA
11.9%▲
2019 · -0.9%
Debt
€25.15M▲
2019 · €22.19M
Debt ≤ 1 year
€9k▲
2019 · €6k
Debt > 1 year
€25.10M▲
2019 · €22.17M
Income taxes
€865k▲
2019 · €-6k
A ratio outside any meaningful range has been withheld (balance sheet total €24.19M, equity €-964k).
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€18.34M€24.19M▲
Fixed assets21/28€5.06M€5.93M▲
Financial fixed assets28€5.06M€5.93M▲
Current assets29/58€13.28M€18.26M▲
Amounts receivable within one year40/41€19k€16k▼
Current investments50/53€7.39M€7.39M=
Cash at bank and in hand54/58€5.87M€10.85M▲
Equity and liabilities
Total equity and liabilities10/49€18.34M€24.19M▲
Equity10/15€-3.85M€-964k▲
Contributions10/11€300k€300k=
Reserves13€6k€1.27M▲
Profit (loss) carried forward14€-4.15M€-2.53M▲
Amounts payable17/49€22.19M€25.15M▲
Amounts payable after more than one year17€22.17M€25.10M▲
Amounts payable within one year42/48€6k€9k▲
Trade debts44€6k€8k▲
Income statement
Code20192020
Turnover70€15k€10k▼
Operating profit (loss)9901€-208k€-282k▼
Recurring financial income75€42k€69k▲
Recurring financial charges65€26k€54k▲
Debt charges650€25k€26k▲
Profit (loss) for the period before taxes9903€-173k€3.75M▲
Income taxes67/77€-6k€865k▲
Profit (loss) for the period9904€-168k€2.88M▲
Profit (loss) for the period to be appropriated9905€-168k€1.62M▲
Timeline · acts, filings and financial milestones
2021
09-07
State Gazette act
General meeting · Merger
Dissolution · Share cancellation
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
07-04
State Gazette act
Merger · Capital
Corporate purpose · Board composition
2020
31-12
Financial
Back to profitnet €2.88M
Net result €2.88M after 2 loss-making years.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 6current ratio 2072.44
Current ratio from 359.71 to 2072.44; short-term debt falls from €25k to €6k.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
17-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
20-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
18-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Show earlier events
2012
22-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2011
10-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
11-10
State Gazette act
General meeting · Capital increase
Bank account · Capital
2009
09-07
State Gazette act
General meeting · Capital increase
Capital · Share issue
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.