The Tax Agency is reviewing the taxes satisfied by the Rabat jewelry chain.Specifically, analyzes that of societies from 2015 to 2017 and the VAT from 2014 to 2017.The review of the financial statements began last June and has not yet concluded.The company declined statements to open metropolis.
The house management dome is led by Jorge Rabat Bergadá, son of the founder Esteve Rabat Sabater.The Corporate Director Arturo Alfocea Egüen, the lawyer Roberto Serrano Amado and the financial advisor Jaume de Pedro Roig.
ALLEGATION
Rabat inserts in its 2019 accounts a review of the Treasury Treasury.He asserts that "all fiscal settlements have been practiced properly".
It also argues that if "discrepancies in normative interpretation, eventual liabilities would not affect the company".
Inspections
It is not the first time that the Treasury officials look at the company's numbers with magnifying glass.In fact, it is already the third recent occasion that proves them.
In 2018, the Tax Administration extended fiscal minutes for 2.9 million, relating to the same taxes that it now reviews, but concerning 2011 and 2012.The company liquidated them with reservations.
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Additionally, the Treasury claimed another 3.8 million, of which 2.2 million have already been reinstated.
Establishments
Rabat exploits six watchmaking and jewelry stores.Two of them lie in Barcelona;Both are located on the Paseo de Gràcia.In Madrid it manages one, based in Serrano street.The list is completed with dependencies in Valencia, Tarragona and Ibiza.
The premises that house the establishments are not owned by the company, but of third parties.For them, it satisfies 4.5 million annually as rents.
Rabat store facade of the Gràcia / Archive Paseo
Coronavirus
The network remained closed between March and May, as a consequence of the statement of the alarm state.Only its website was kept in operation.Rabat had to present an ERTE for 140 people.Other twenty continued working from home in administrative work.Between May and June all the premises reopened in a staggered way.To prevent possible treasury tensions, the entity requested a loan to the ICO.
Rabat's economic magnitudes are not lazy.In 2019, the last year available, the sales of the entire network rose from 109 to 120 million.78% corresponds to the sale of watches and 22% to jewels and other items.
BALANCE
Thanks to the impulse of the rotation, the net profit folded to 5.2 million.The most profitable store is that of Madrid, which contributed a surplus of 1.3 million.
Rabat counts a net worth of 22 million and has contracted bank debts worth 35 million.
The total assets of the group total 93 million.Its most bulky departure are stocks, that is, watches and jewels pending sale, for an amount of 63 million.
