STRADUS
InactiveInactive; last annual accounts for fiscal year 2021.
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 31-12-2021 was due by 31-07-2022 and was filed on 07-07-2022, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2021
24 d early
2020
64 d early
2019
on the day
2018
8 d early
2017
12 d early
2016
19 d early
2015
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2021, full schema
Turnover
€22.70M▼ 2.2%
2020 · €23.22M
EBIT margin
6.7%▼ 1.2pp
2020 · 7.9%
Net result
€1.14M▼ 16.3%
2020 · €1.37M
Working capital
€8.40M▲ 20.0%
2020 · €7.00M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€29.82M-€27.09M▼ 9.1%€23.22M▼ 14.3%€22.70M▼ 2.2%
Operating result€2.15M-€2.30M▲ 6.7%€1.83M▼ 20.2%€1.51M▼ 17.5%
Net result€1.45M-€1.53M▲ 5.9%€1.37M▼ 10.6%€1.14M▼ 16.3%
EBIT margin7.2%-8.5%▲ 1.3pp7.9%▼ 0.6pp6.7%▼ 1.2pp
Equity€4.03M-€5.56M▲ 38.0%€6.93M▲ 24.6%€8.07M▲ 16.5%
Total assets€9.66M-€11.33M▲ 17.3%€11.00M▼ 2.9%€9.86M▼ 10.4%
Debt€5.60M-€5.75M▲ 2.6%€4.00M▼ 30.5%€1.45M▼ 63.6%
Working capital€4.09M-€5.58M▲ 36.7%€7.00M▲ 25.4%€8.40M▲ 20.0%
Staff (FTE)12.5-11.8▼ 5.6%12.3▲ 4.2%11.5▼ 6.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 17% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €9.86M
Fixed assets
€3k =
Current assets
€9.85M ▼ 10.4%
Equity and liabilities €9.86M
Equity
€8.07M ▲ 16.5%
Provisions
€333k ▲ 332%
Debt
€1.45M ▼ 63.6%
Debt's share of the balance-sheet total falls from 36.3% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.79▲
2020 · 2.75
Quick ratio
6.78▲
2020 · 2.75
Debt to equity
0.18
ROE
14.2%▼
2020 · 19.7%
ROA
11.6%▼
2020 · 12.4%
Debt ≤ 1 year
€1.45M▼
2020 · €4.00M
Income taxes
€387k▼
2020 · €473k
Staff costs
€989k
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 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €22.92M | - |
| Turnover70 | €29.82M | €27.09M | €23.22M | €22.70M | ▼ 2.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €-671 | - |
| Other operating income74 | - | - | - | €218k | - |
| Non-recurring operating income76A | - | - | - | €0 | - |
| Operating charges60/66A | - | - | - | €21.40M | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €15.25M | - |
| Purchases600/8 | - | - | - | €15.25M | - |
| Change in stocks: decrease (increase)609 | - | - | - | €9k | - |
| Services and other goods61 | - | - | - | €4.90M | - |
| Remuneration, social security and pensions62 | - | - | - | €989k | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €256k | - |
| Other operating charges640/8 | - | - | - | €930 | - |
| Operating profit (loss)9901 | €2.15M | €2.30M | €1.83M | €1.51M | ▼ 17.5% |
| Financial income75/76B | - | - | - | €62k | - |
| Recurring financial income75 | €3k | €4k | €53k | €62k | ▲ 17.6% |
| Other financial income752/9 | - | - | - | €62k | - |
| Financial charges65/66B | - | - | - | €44k | - |
| Recurring financial charges65 | €65k | €49k | €46k | €44k | ▼ 4.0% |
| Debt charges650 | €4k | €2k | €3k | €3k | ▲ 5.8% |
| Other financial charges652/9 | - | - | - | €40k | - |
| Profit (loss) for the period before taxes9903 | €2.09M | €2.25M | €1.84M | €1.53M | ▼ 16.8% |
| Income taxes67/77 | €647k | €722k | €473k | €387k | ▼ 18.1% |
| Taxes670/3 | - | - | - | €502k | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €115k | - |
| Profit (loss) for the period9904 | €1.45M | €1.53M | €1.37M | €1.14M | ▼ 16.3% |
| Profit (loss) for the period to be appropriated9905 | €1.45M | €1.53M | €1.37M | €1.14M | ▼ 16.3% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €9.66M | €11.33M | €11.00M | €9.86M | ▼ 10.4% |
| Fixed assets21/28 | €3k | €3k | €3k | €3k | = |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | = |
| Other financial fixed assets284/8 | - | - | - | €3k | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €3k | - |
| Current assets29/58 | €9.66M | €11.33M | €11.00M | €9.85M | ▼ 10.4% |
| Stocks and contracts in progress3 | €271k | €147k | €10k | €869 | ▼ 91.6% |
| Stocks30/36 | - | - | - | €869 | - |
| Goods purchased for resale34 | - | - | - | €869 | - |
| Amounts receivable within one year40/41 | €9.30M | €11.18M | €10.99M | €9.85M | ▼ 10.3% |
| Trade receivables40 | - | - | - | €4.28M | - |
| Other amounts receivable41 | - | - | - | €5.57M | - |
| Cash at bank and in hand54/58 | €89k | €300 | €900 | €300 | ▼ 66.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €9.66M | €11.33M | €11.00M | €9.86M | ▼ 10.4% |
| Equity10/15 | €4.03M | €5.56M | €6.93M | €8.07M | ▲ 16.5% |
| Contributions10/11 | €350k | €350k | €350k | €350k | = |
| Capital10 | - | - | - | €350k | - |
| Issued capital100 | - | - | - | €350k | - |
| Reserves13 | €575k | €575k | €575k | €575k | = |
| Non-distributable reserves130/1 | - | - | - | €35k | - |
| Legal reserve130 | - | - | - | €35k | - |
| Distributable reserves133 | - | - | - | €540k | - |
| Profit (loss) carried forward14 | €3.10M | €4.64M | €6.00M | €7.15M | ▲ 19.1% |
| Provisions and deferred taxes16 | €27k | €27k | €77k | €333k | ▲ 332% |
| Provisions for liabilities and charges160/5 | - | - | - | €333k | - |
| Other liabilities and charges164/5 | - | - | - | €333k | - |
| Amounts payable17/49 | €5.60M | €5.75M | €4.00M | €1.45M | ▼ 63.6% |
| Amounts payable within one year42/48 | €5.57M | €5.75M | €4.00M | €1.45M | ▼ 63.6% |
| Trade debts44 | €4.96M | €4.83M | €3.29M | €1.26M | ▼ 61.7% |
| Suppliers440/4 | - | - | - | €1.26M | - |
| Taxes, remuneration and social security45 | - | - | - | €192k | - |
| Taxes450/3 | - | - | - | €9k | - |
| Remuneration and social security454/9 | - | - | - | €183k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.45M | €1.53M | €1.37M | €1.14M | ▼ 16.3% |
| Operating cash flow (approximation) | €1.45M | €1.53M | €1.37M | €1.14M | ▼ 16.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €-89k | €600 | €-600 | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
27-01
State Gazette act
General meeting · Merger
Accounting effect · Name change · Peter VAN MELKEBEKE
2021
31-12
Financial
Weakest financial yearnet €1.14M ▼16.3%
Net result drops to €1.14M, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.79
Current ratio from 2.75 to 6.79; short-term debt falls from €4.00M to €1.45M.
03-12
State Gazette act
Merger · Accounting effect
Name change
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €1.53M ▲5.9%
Operating result €2.30M, net result €1.53M, both a record.
31-12
Financial
Equity above €5MEq €5.56M ▲38%
2 profitable years in a row build equity to €5.56M.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Show earlier events
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
10-07
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.
0 of 27 acts read
About the unread acts
We know of 27 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:MARLUX
Recognitions · licences · registrations
Legal Entity Identifier
9676009Y0YISV5SYCT67