ADDED VALUE MANAGEMENT
Annual accounts 2017
full format, filed on 30-06-2017, 123 days before the deadline€251,974
▲ €258,236
€232,319
▲ €261,516
€195,768
▲ €225,079
€217,549
▲ 45×
92.0%
▲ 43.7 percentage points
6.33
▲ 5.22
The turnover shown is an estimate from the gross margin.
Turnover ≈ €590,000. Estimated: probably between €360,000 and €1.0m.
Balance sheet
balance sheet total €511,577 on 31-03-2017What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
511,577 | 569,487 | 357,196 | 361,986 | 398,506 | 420,589 | 387,413 | 503,034 | 409,382 | 430,795 | 458,694 | |
21/28 |
253,198 | 520,154 | 339,632 | 358,369 | 375,194 | 400,139 | 384,650 | 395,296 | 374,745 | 393,613 | 418,955 | |
22/27 |
253,198 | 520,154 | 339,632 | 358,369 | 375,194 | 400,139 | 384,650 | 395,296 | 374,745 | 393,613 | 418,906 | |
22 |
253,198 | 520,000 | 338,373 | 355,762 | 364,614 | 381,192 | 356,493 | 356,800 | 370,218 | 389,239 | 414,832 | |
23 |
- | - | - | - | - | - | - | - | 91 | 182 | 273 | |
24 |
- | 155 | 1,259 | 2,607 | 10,580 | 18,946 | 28,157 | 38,496 | 4,436 | 4,192 | 3,802 | |
28 |
- | - | - | - | - | - | - | - | - | - | 48 | |
29/58 |
258,379 | 49,332 | 17,563 | 3,617 | 23,312 | 20,450 | 2,763 | 107,738 | 34,637 | 37,183 | 39,740 | |
40/41 |
- | 13,321 | 5,168 | - | 16,430 | 20,354 | 2,763 | 62,195 | 8,204 | 18,983 | 17,226 | |
40 |
- | 12,500 | 2,783 | - | 16,187 | 19,822 | - | 54,434 | 4,788 | 18,983 | 17,226 | |
41 |
- | 821 | 2,385 | - | 243 | 532 | 2,763 | 7,761 | 3,417 | - | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | 15,037 | |
54/58 |
258,379 | 179 | 10,432 | 1,808 | 5,149 | 96 | - | 45,542 | 26,433 | 17,532 | 6,818 | |
490/1 |
- | 35,832 | 1,964 | 1,809 | 1,734 | - | - | - | - | 668 | 659 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
511,577 | 569,487 | 357,196 | 361,986 | 398,506 | 420,589 | 387,413 | 503,034 | 409,382 | 430,795 | 458,694 | |
10/15 |
470,747 | 274,979 | 104,291 | 110,813 | 188,009 | 207,358 | 259,043 | 263,029 | 229,000 | 229,045 | 228,226 | |
10/11 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
100 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
12 |
200,000 | 200,000 | - | - | - | - | - | - | - | - | - | |
13 |
208,774 | 197,070 | 197,070 | 197,070 | 197,070 | 197,070 | 197,070 | 201,056 | 167,027 | 167,072 | 166,252 | |
130 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
133 |
202,576 | 190,873 | 190,873 | 190,873 | 190,873 | 190,873 | 190,873 | 194,858 | 160,829 | 160,874 | 160,055 | |
14 |
- | -184,064 | -154,753 | -148,231 | -71,034 | -51,686 | - | - | - | - | - | |
16 |
- | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | - | - | |
160/5 |
- | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | - | - | |
17/49 |
40,830 | 294,507 | 252,905 | 251,173 | 190,497 | 193,231 | 108,370 | 220,005 | 160,382 | 201,750 | 230,469 | |
17 |
- | 250,000 | 250,000 | 245,000 | 181,000 | 181,000 | 80,000 | 125,548 | 135,000 | 180,000 | 217,630 | |
170/4 |
- | 250,000 | 250,000 | 245,000 | 181,000 | 181,000 | 80,000 | 125,548 | 135,000 | 180,000 | 217,630 | |
42/48 |
40,830 | 44,507 | 2,905 | 6,173 | 9,497 | 12,231 | 23,491 | 94,457 | 25,382 | 20,930 | 12,839 | |
43 |
- | - | - | - | - | - | 3,940 | - | - | - | - | |
439 |
- | - | - | - | - | - | 3,940 | - | - | - | - | |
44 |
1,441 | 507 | 2,098 | 3,914 | 6,573 | 1,857 | 17,815 | 79,719 | 21,713 | 7,264 | 3,195 | |
440/4 |
1,441 | 507 | 2,098 | 3,914 | 6,573 | 1,857 | 17,815 | 79,719 | 21,713 | 7,264 | 3,195 | |
45 |
23,500 | - | 807 | 2,106 | 2,924 | 10,374 | 1,736 | 4,737 | 3,669 | 13,643 | 5,862 | |
450/3 |
23,500 | - | 807 | 2,106 | 2,924 | 10,374 | 1,736 | 3,767 | 3,669 | 13,643 | 5,862 | |
454/9 |
- | - | - | - | - | - | - | 970 | - | - | - | |
47/48 |
15,889 | 44,000 | - | 154 | - | - | - | 10,000 | - | 23 | 3,782 | |
492/3 |
- | - | - | - | - | - | 4,879 | - | - | 820 | - | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | - | 1,818 | - | - | - | - | |
9900 |
251,974 | -6,262 | 20,151 | -62,146 | 21,058 | -8,804 | 34,508 | 107,508 | 61,513 | 55,717 | 42,798 | |
630 |
15,318 | 19,478 | 22,178 | 31,833 | 33,926 | 32,972 | 30,305 | 31,381 | 23,645 | 30,075 | 31,207 | |
635/8 |
- | - | - | -20,000 | - | - | - | - | 20,000 | - | - | |
640/8 |
4,337 | 3,456 | 4,177 | 4,812 | 6,161 | 3,041 | 2,832 | 4,218 | 3,242 | 2,571 | 2,657 | |
9901 |
232,319 | -29,197 | -6,205 | -78,791 | -19,030 | -44,817 | 1,371 | 71,909 | 14,625 | 23,071 | 8,935 | |
75/76B |
11 | 10 | 5 | 1,982 | - | 6 | 618 | 70 | 74 | 108 | 62 | |
75 |
11 | 10 | 5 | 1,982 | - | 6 | 618 | 70 | 74 | 108 | 62 | |
65/66B |
18,380 | 125 | 128 | 93 | 101 | 6,875 | 7,794 | 10,523 | 12,691 | 15,950 | 4,945 | |
65 |
18,380 | 125 | 128 | 93 | 101 | 6,875 | 7,794 | 10,523 | 12,691 | 15,950 | 4,945 | |
9903 |
213,950 | -29,312 | -6,328 | -76,902 | -19,131 | -51,685 | -3,986 | 61,455 | 2,008 | 7,229 | 4,052 | |
67/77 |
18,182 | - | 195 | 294 | 217 | 1 | - | 17,426 | 2,053 | 6,410 | 3,910 | |
9904 |
195,768 | -29,312 | -6,522 | -77,196 | -19,348 | -51,686 | -3,986 | 44,029 | -45 | 819 | 143 | |
9905 |
195,768 | -29,312 | -6,522 | -77,196 | -19,348 | -51,686 | -3,986 | 44,029 | -45 | 819 | 143 | |
| Appropriation of the result | ||||||||||||
9906 |
11,704 | -184,064 | -154,753 | -148,231 | -71,034 | -51,686 | -3,986 | 44,029 | -45 | 819 | 11,319 | |
791/2 |
- | - | - | - | - | - | 3,986 | - | 45 | - | - | |
691/2 |
11,704 | - | - | - | - | - | - | 34,029 | - | 819 | 11,319 | |
6921 |
11,704 | - | - | - | - | - | - | 34,029 | - | 819 | 11,319 | |
694/7 |
- | - | - | - | - | - | - | 10,000 | - | - | - | |
695 |
- | - | - | - | - | - | - | 10,000 | - | - | - | |
| Document | ||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2017 (PDF), filed on 30-06-2017.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2017 | full format | 30-06-2017 | 2017-26100067 | |
| 31-03-2016 | full format | 23-09-2016 | 2016-60900374 | |
| 31-03-2015 | full format | 17-07-2015 | 2015-31900599 | |
| 31-03-2014 | full format | 16-09-2014 | 2014-58800332 | |
| 31-03-2013 | full format | 23-08-2013 | 2013-45800105 | |
| 31-03-2012 | full format | 01-03-2013 | 2013-05400113 | |
| 31-03-2011 | full format | 28-07-2011 | 2011-35100245 | |
| 31-03-2010 | full format | 25-10-2010 | 2010-58700171 | |
| 31-03-2009 | full format | 30-10-2009 | 2009-84200079 | |
| 31-03-2008 | full format | 22-09-2008 | 2008-74200032 | |
| 31-03-2007 | full format | 24-07-2007 | 2007-46100262 | |
| 31-03-2006 | full format | 30-08-2006 | 2006-70003736 | |
| 31-03-2005 | full format | 12-07-2005 | 2005-45800426 | |
| 31-03-2004 | full format | 26-07-2004 | 2004-51103823 | |
| 31-03-2003 | full format | 29-09-2003 | 2003-70202695 | |
| 31-03-2002 | full format | 15-10-2002 | 2002-66503114 | |
| 31-03-2001 | full format | 01-08-2001 | 2001-47104215 | |
| 31-03-2000 | full format | 17-08-2000 | 2000-51502177 | |
| 31-03-1999 | full format | 25-10-1999 | 1999-54803182 | |
| 31-03-1998 | full format | 10-08-1998 | 1998-39704199 | |
| 31-03-1997 | full format | 04-08-1997 | 1997-35903547 | |
| 31-03-1996 | full format | 19-07-1996 | 1996-34903439 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 247,637 | -9,719 | 15,973 | -46,958 | 14,896 | -11,845 | 31,676 | 103,290 | 38,270 | 53,146 | 40,142 | ||
| 211,085 | -9,833 | 15,656 | -45,363 | 14,578 | -18,714 | 26,319 | 75,410 | 23,600 | 30,895 | 31,349 | ||
| 42,380 | 200,000 | 3,441 | 15,009 | 8,981 | 48,461 | 19,659 | 51,932 | 4,777 | 4,782 | 2,425 | ||
| 258,200 | -10,253 | 8,624 | -3,341 | 5,052 | - | - | 19,110 | 8,900 | 10,715 | - | ||
| 217,549 | 4,825 | 14,659 | -2,556 | 13,815 | 8,219 | -20,727 | 13,281 | 9,255 | 16,253 | 26,901 | ||
| 92.0% | 48.3% | 29.2% | 30.6% | 47.2% | 49.3% | 66.9% | 52.3% | 55.9% | 53.2% | 49.8% | ||
| 6.33 | 1.11 | 6.05 | 0.59 | 2.45 | 1.67 | 0.12 | 1.14 | 1.36 | 1.78 | 3.10 | ||
| 0.09 | 1.07 | 2.42 | 2.27 | 1.01 | 0.93 | 0.42 | 0.84 | 0.70 | 0.88 | 1.01 | ||
| 41.6% | -10.7% | -6.3% | -69.7% | -10.3% | -24.9% | -1.5% | 16.7% | 0.0% | 0.4% | 0.1% | ||
| 38.3% | -5.1% | -1.8% | -21.3% | -4.9% | -12.3% | -1.0% | 8.8% | 0.0% | 0.2% | 0.0% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ADDED VALUE MANAGEMENT
The operating result for 2017 is a profit of €232,319, after a loss of €29,197 in 2016. It is the highest result since 2007.
Debt's share of the balance-sheet total falls from 51.7% to 8.0%. Equity is higher and debt is lower.