1 clean up
ActiveSummary
1 clean up has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2012 annual accounts show negative equity (-€2,896) and a net result of €4,094. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2012 · tick = 2011
Profitability50▲+50
Solvency21▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2012Solvency, return and age of the figures
Solvency
-3.6%
Return on assets
5.1%
Age of the figures
165 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2013 close31-07-2014 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 12-07-2013, 19 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2012, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4,094
2011 · -€10,885
Working capital
-€10,330▲ 27.6%
2011 · -€14,261
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
Line2009201020112012
Operating result€24,994--€20,757-€12,445▲ 40.0%€4,450
Net result€24,861--€20,963-€10,885▲ 48.1%€4,094
Equity€24,861-€3,898▼ 84.3%-€6,987-€2,896▲ 58.6%
Total assets€72,648-€42,794▼ 41.1%€62,015▲ 44.9%€80,235▲ 29.4%
Debt€47,787-€38,896▼ 18.6%€69,002▲ 77.4%€83,131▲ 20.5%
Working capital€11,779--€2,493-€14,261▼ 472%-€10,330▲ 27.6%
Staff (FTE)18-10.7▼ 40.6%12.2▲ 14.0%13.7▲ 12.3%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2012: €4,450 after a loss of €12,445 in 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €80,235
Fixed assets
€7,434 ▲ 2.2%
Current assets
€72,801 ▲ 33.0%
Key figures and ratios
EBITDA
€7,300▲
2011 · -€10,075
Cash flow
€6,944▲
2011 · -€8,515
Solvency
-3.6%▲
2011 · -11.3%
Current ratio
0.88▲
2011 · 0.79
ROA
5.1%▲
2011 · -17.6%
Debt ≤ 1 year
€83,131▲
2011 · €69,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,921 | €6,691 | €2,370 | €2,850 | ▲ 20.3% |
| Gross operating margin9900 | €353,011 | €231,014 | €295,341 | €367,427 | ▲ 24.4% |
| Operating profit (loss)9901 | €24,994 | -€20,757 | -€12,445 | €4,450 | ▲ 136% |
| Recurring financial income75 | - | €30 | €15 | €17 | ▲ 13.3% |
| Recurring financial charges65 | €133 | €232 | €175 | €373 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | €24,861 | -€20,959 | -€12,605 | €4,094 | ▲ 132% |
| Profit (loss) for the period9904 | €24,861 | -€20,963 | -€10,885 | €4,094 | ▲ 138% |
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €72,648 | €42,794 | €62,015 | €80,235 | ▲ 29.4% |
| Fixed assets21/28 | €13,082 | €6,391 | €7,274 | €7,434 | ▲ 2.2% |
| Intangible fixed assets21 | €2,567 | €1,867 | €1,167 | €467 | ▼ 60.0% |
| Tangible fixed assets22/27 | €10,269 | €4,278 | €5,861 | €6,721 | ▲ 14.7% |
| Financial fixed assets28 | €246 | €246 | €246 | €246 | = |
| Current assets29/58 | €59,566 | €36,403 | €54,741 | €72,801 | ▲ 33.0% |
| Amounts receivable within one year40/41 | €339 | €5,885 | €4,580 | €17,319 | ▲ 278% |
| Cash at bank and in hand54/58 | €33,011 | €18,621 | €18,997 | €23,228 | ▲ 22.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €72,648 | €42,794 | €62,015 | €80,235 | ▲ 29.4% |
| Equity10/15 | €24,861 | €3,898 | -€6,987 | -€2,896 | ▲ 58.6% |
| Profit (loss) carried forward14 | €24,861 | €3,898 | -€6,987 | -€2,896 | ▲ 58.6% |
| Amounts payable17/49 | €47,787 | €38,896 | €69,002 | €83,131 | ▲ 20.5% |
| Amounts payable within one year42/48 | €47,787 | €38,896 | €69,002 | €83,131 | ▲ 20.5% |
| Trade debts44 | €351 | €132 | €4,032 | €1,842 | ▼ 54.3% |
| Line | 2009 | 2010 | 2011 | 2012 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,861 | -€20,963 | -€10,885 | €4,094 | ▲ 138% |
| + Depreciation and write-downs630 | €8,921 | €6,691 | €2,370 | €2,850 | ▲ 20.3% |
| Operating cash flow (approximation) | €33,782 | -€14,272 | -€8,515 | €6,944 | ▲ 182% |
| Investment in fixed assets (approximation) | - | €0 | -€3,253 | -€3,010 | ▲ 7.5% |
| Change in cash | - | -€14,390 | €376 | €4,231 | ▲ 1,025% |
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
2013
12-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial
Back to profitnet €4,094
Net result €4,094 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
08-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Weakest financial yearnet -€20,963
Net result drops to -€20,963, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fernelmont
Ground area
1,113 m²
Building footprint
685 m²
Parcel 92096A0250/00W000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92096A0250/00W000 | Wallonia | 1,113 m² | 1 · 685 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formNon-profit association
Founded18-09-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
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