NORMAL SITUATION

ECONOMIC

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Financial year 2021 · closed on 09/12/2021

Net result

171 €

+108.2% YoY

Gross margin

713 €

+149.8% YoY

Equity

-34,9 k €

+0.5% YoY

Company — Normal situation.

What does ECONOMIC do?

ECONOMIC is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.025.478

Legal form

Private company with limited liability

Contributed capital

18 592,00 €

Latest accounts

09/12/2021

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	713 €	+150%	-1,4 k €	-110%	14,6 k €	-34.3%	22,2 k €	+82.0%	12,2 k €	-22.2%	15,7 k €	-3.9%	16,3 k €	-43.9%	29 k €	+390%	5,9 k €	-57.6%	14 k €	+314%	-6,5 k €	+75.0%	-26,1 k €	-16.4%	-22,4 k €	-42.2%	-15,7 k €	-1160%	1,5 k €	-82.7%	8,6 k €
EBITDA	245 €	+113%	-1,9 k €	-113%	14,1 k €	-35.1%	21,7 k €	+88.0%	11,5 k €	-24.0%	15,2 k €	+0.1%	15,2 k €	-44.1%	27,2 k €	+485%	4,6 k €	-59.5%	11,5 k €	+239%	-8,2 k €	+77.1%	-36,1 k €	-41.4%	-25,5 k €	-41.4%	-18 k €	-1418%	-1,2 k €	-128%	4,3 k €
Operating result	245 €	+113%	-1,9 k €	-114%	14 k €	-35.2%	21,6 k €	+88.4%	11,5 k €	-24.1%	15,1 k €	+0.1%	15,1 k €	-44.3%	27,2 k €	+1071%	2,3 k €	-73.7%	8,8 k €	+178%	-11,3 k €	+72.6%	-41,3 k €	-37.2%	-30,1 k €	-19.0%	-25,3 k €	-250%	-7,2 k €	-341%	-1,6 k €
Net result	171 €	+108%	-2,1 k €	-115%	13,6 k €	-35.6%	21,2 k €	+117%	9,8 k €	-27.7%	13,5 k €	-8.9%	14,8 k €	-43.4%	26,2 k €	+1195%	2 k €	-76.3%	8,5 k €	+174%	-11,6 k €	+72.7%	-42,6 k €	-20.2%	-35,5 k €	-4.6%	-33,9 k €	-130%	-14,7 k €	-165%	-5,6 k €
Balance sheet
Equity	-34,9 k €	+0.5%	-35,1 k €	-6.3%	-33 k €	+29.2%	-46,6 k €	+31.2%	-67,8 k €	+12.6%	-77,5 k €	+14.8%	-91 k €	+14.0%	-105,9 k €	+19.8%	-132,1 k €	+1.5%	-134,1 k €	+6.0%	-142,6 k €	-8.9%	-131 k €	-48.2%	-88,4 k €	-67.0%	-52,9 k €	-178%	-19 k €	-345%	-4,3 k €
Total assets	4,7 k €	-10.6%	5,2 k €	-38.1%	8,5 k €	-42.4%	14,7 k €	+263%	4 k €	-27.1%	5,5 k €	-71.1%	19,2 k €	+167%	7,2 k €	+4313%	163 €	-97.4%	6,2 k €	-68.6%	19,9 k €	-49.2%	39,1 k €	-69.6%	128,9 k €	+213%	41,2 k €	-42.3%	71,4 k €	+0.1%	71,3 k €
Cash	–		–		–		600 €	+41.8%	423 €		–		540 €		–		–		318 €	-73.1%	1,2 k €	-16.5%	1,4 k €	+314%	342,3 €	-27.6%	472,7 €		–		–
Debts	39,6 k €	-1.8%	40,3 k €	-2.8%	41,4 k €	-32.4%	61,3 k €	-14.7%	71,8 k €	-13.6%	83,1 k €	-24.7%	110,3 k €	-2.5%	113,1 k €	-14.5%	132,2 k €	-5.8%	140,3 k €	-13.6%	162,5 k €	-4.5%	170,2 k €	-21.7%	217,3 k €	+131%	94,1 k €	+4.1%	90,4 k €	+19.6%	75,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	+100%	0,1 ETP		–		–		0,1 ETP

Governance

Board of directors

Seen on filing of 09/12/2021 · 1 active · 2 ended

Active mandates

Philip Van Raemdonck

Director · until 09 décembre 2021

Active

Ended mandates

Philip Van Raemdonck

Director

Ended

Philip Van Raemdonck

Manager

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	09/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/07/2022	01/07/2021	03/09/2020	17/09/2019	16/07/2018	30/06/2017
General meeting	07/06/2022	25/06/2021	26/06/2020	28/06/2019	29/06/2018	30/06/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

45 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	09/12/2021	07/06/2022	05/07/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	03/09/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	17/09/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	16/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	24/10/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	17/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	28/09/2007	Dutch	PDF
Abridged model	31/12/2005	30/06/2006	24/08/2006	Dutch	PDF
Abridged model	31/12/2004	24/06/2005	29/06/2005	Dutch	PDF
Abridged model	31/12/2003	25/06/2004	12/07/2004	Dutch	PDF
Abridged model	31/12/2002	13/10/2003	14/10/2003	Dutch	PDF
Abridged model	31/12/2001	21/06/2002	09/09/2002	Dutch	PDF
Abridged model	31/12/2000	22/06/2001	14/09/2001	Dutch	PDF
Abridged model	31/12/1999	30/06/2000	20/11/2000	Dutch	PDF
Abridged model	31/12/1998	30/06/1999	08/07/1999	Dutch	PDF

View all 45 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 09/12/2021 · 1 active · 2 ended

Active mandates

Philip Van Raemdonck

Director · until 09 décembre 2021

Active

Ended mandates

Philip Van Raemdonck

Director

Ended

Philip Van Raemdonck

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution07/01/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Restructuring22/10/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2021
Annual accounts 2021171 €↑
2020
Annual accounts 2020-2,1 k €↓
2019
Annual accounts 201913,6 k €↓
2018
Annual accounts 201821,2 k €↑
2017
Annual accounts 20179,8 k €↓
2016
Annual accounts 201613,5 k €↓
2015
Annual accounts 201514,8 k €↓
2014
Annual accounts 201426,2 k €↑
2013
Annual accounts 20132 k €↓
2012
Annual accounts 20128,5 k €↑
2011
Annual accounts 2011-11,6 k €↑
2010
Annual accounts 2010-42,6 k €↓
2009
Annual accounts 2009-35,5 k €↓
2008
Annual accounts 2008-33,9 k €↓
2007
Annual accounts 2007-14,7 k €↓
2006
Annual accounts 2006-5,6 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ECONOMIC

Overview

What does ECONOMIC do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline