AANNEMINGEN VAN WELLEN
InactiveInactive; last annual accounts for fiscal year 2017.
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 31-12-2017 was due by 31-07-2018 and was filed on 21-07-2018, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2017
10 d early
2016
41 d early
2015
55 d early
2014
120 d early
2013
89 d early
2012
55 d early
2011
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, full schema
Turnover
€58.52M▼ 7.3%
2016 · €63.15M
2014: €83.39M
2015: €61.46M
2016: €63.15M
2014 → 2017
EBIT margin
8.1%▲ 4.5pp
2016 · 3.6%
2014: 3.2%
2015: 2.9%
2016: 3.6%
2014 → 2017
Net result
€4.50M▲ 101%
2016 · €2.24M
2014: €1.93M
2015: €914k
2016: €2.24M
2014 → 2017
Working capital
€12.39M▲ 51.9%
2016 · €8.16M
2014: €8.32M
2015: €8.80M
2016: €8.16M
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Turnover€83.39M-€61.46M▼ 26.3%€63.15M▲ 2.8%€58.52M▼ 7.3%
Equity€9.59M-€8.53M▼ 11.0%€10.77M▲ 26.2%€15.29M▲ 42.0%
Operating result€2.70M-€1.79M▼ 33.7%€2.27M▲ 26.8%€4.71M▲ 107%
Net result€1.93M-€914k▼ 52.7%€2.24M▲ 145%€4.50M▲ 101%
Result per fiscal year
Operating resultNet result
After the dip in 2015 the operating result has climbed two years in a row; 2017 is 107% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €45.94M
Fixed assets
€6.11M ▼ 7.7%
Current assets
€39.84M ▲ 13.9%
Equity and liabilities €45.94M
Equity
€15.29M ▲ 42.0%
Provisions
€792k ▼ 6.0%
Debt
€29.86M ▼ 0.5%
Debt's share of the balance-sheet total falls from 72.1% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5.61M▲
2016 · €3.31M
Cash flow
€5.40M▲
2016 · €3.27M
Current ratio
1.45▲
2016 · 1.30
Quick ratio
1.42▲
2016 · 1.25
Debt to equity
0.16▼
2016 · 0.29
ROE
29.4%▲
2016 · 20.8%
ROA
9.8%▲
2016 · 5.4%
Interest coverage
29.76▲
2016 · 22.72
Debt ≤ 1 year
€27.45M▲
2016 · €26.83M
Debt > 1 year
€2.41M▼
2016 · €3.17M
Income taxes
€295k▲
2016 · €85k
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 · 2017 against 2016 · 29 lines
Balance sheet
Code20162017
Assets
Total assets20/58€41.61M€45.94M▲
Fixed assets21/28€6.62M€6.11M▼
Intangible fixed assets21€74k€58k▼
Tangible fixed assets22/27€5.51M€5.01M▼
Financial fixed assets28€1.03M€1.04M▲
Current assets29/58€34.99M€39.84M▲
Stocks and contracts in progress3€1.47M€727k▼
Amounts receivable within one year40/41€32.56M€38.16M▲
Cash at bank and in hand54/58€839k€877k▲
Equity and liabilities
Total equity and liabilities10/49€41.61M€45.94M▲
Equity10/15€10.77M€15.29M▲
Contributions10/11€2.33M€2.33M=
Reserves13€4.28M€7.38M▲
Profit (loss) carried forward14€1.18M€2.60M▲
Provisions and deferred taxes16€842k€792k▼
Amounts payable17/49€30.00M€29.86M▼
Amounts payable after more than one year17€3.17M€2.41M▼
Amounts payable within one year42/48€26.83M€27.45M▲
Trade debts44€18.00M€21.16M▲
Income statement
Code20162017
Turnover70€63.15M€58.52M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.03M€900k▼
Operating profit (loss)9901€2.27M€4.71M▲
Recurring financial income75€301k€374k▲
Recurring financial charges65€242k€276k▲
Debt charges650€146k€189k▲
Profit (loss) for the period before taxes9903€2.33M€4.81M▲
Income taxes67/77€85k€295k▲
Profit (loss) for the period9904€2.24M€4.50M▲
Profit (loss) for the period to be appropriated9905-€1.42M
Timeline · acts, filings and financial milestones
2018
24-07
State Gazette act
General meeting · Merger
Accounting effect · Adrienne Spaepen
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
20-04
State Gazette act
Merger · Name change
Capital · Accounting effect
2017
31-12
Financial
Highest result since 2014net €4.50M ▲101%
Operating result €4.71M, net result €4.50M, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Equity above €10MEq €10.77M ▲26.2%
3 profitable years in a row build equity to €10.77M.
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet €914k ▼52.7%
Net result drops to €914k, the lowest in the series.
02-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
06-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
09-05
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Show earlier events
2011
24-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
06-05
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
09-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:ASFALT-, WEGENIS- EN BOUWWERKEN