ADHESIA
InactiveInactive; last annual accounts for fiscal year 2013.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 20-05-2014, 72 days ahead of the deadline.
NBB · 8 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 →
Checked, nothing found (1)
Financials · fiscal year 2013, abbreviated schema
Turnover
€19.33M▼ 0.1%
2012 · €19.35M
2009: €17.46M
2010: €18.33M
2011: €19.60M
2012: €19.35M
2009 → 2013
EBIT margin
3.6%▲ 5.5pp
2012 · -1.9%
2009: 1.7%
2010: 0.4%
2011: 1.3%
2012: -1.9%
2009 → 2013
Net result
€555k
2012 · €-237k
2009: €101k
2010: €95k
2011: €277k
2012: €-237k
2009 → 2013
Working capital
€8.78M▲ 10.9%
2012 · €7.92M
2009: €6.41M
2010: €6.81M
2011: €7.63M
2012: €7.92M
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Turnover€17.46M-€18.33M▲ 4.9%€19.60M▲ 6.9%€19.35M▼ 1.3%€19.33M▼ 0.1%
Equity€9.00M-€9.09M▲ 1.1%€9.37M▲ 3.0%€9.13M▼ 2.5%€9.69M▲ 6.1%
Operating result€297k-€76k▼ 74.4%€257k▲ 238%€-368k€692k
Net result€101k-€95k▼ 5.3%€277k▲ 190%€-237k€555k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2013: €692k after a loss of €368k in 2012, the highest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €17.93M
Fixed assets
€2.67M ▼ 11.4%
Current assets
€15.26M ▲ 8.5%
Equity and liabilities €17.93M
Equity
€9.69M ▲ 6.1%
Provisions
€1.63M ▲ 1.6%
Debt
€6.61M ▲ 4.2%
Debt's share of the balance-sheet total falls from 37.2% to 36.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.06M▲
2012 · €68k
Cash flow
€919k▲
2012 · €199k
Current ratio
2.36▲
2012 · 2.29
Debt to equity
0.01▼
2012 · 0.02
ROE
5.7%▲
2012 · -2.6%
ROA
3.1%▲
2012 · -1.4%
Interest coverage
76.78▲
2012 · 4.24
Debt ≤ 1 year
€6.47M▲
2012 · €6.15M
Debt > 1 year
€130k▼
2012 · €191k
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 · 2013 against 2012 · 25 lines
Balance sheet
Code20122013
Assets
Total assets20/58€17.09M€17.93M▲
Fixed assets21/28€3.02M€2.67M▼
Tangible fixed assets22/27€2.95M€2.63M▼
Financial fixed assets28€69k€42k▼
Current assets29/58€14.07M€15.26M▲
Amounts receivable within one year40/41€8.99M€9.15M▲
Current investments50/53€399k€287k▼
Cash at bank and in hand54/58€1.17M€2.31M▲
Equity and liabilities
Total equity and liabilities10/49€17.09M€17.93M▲
Equity10/15€9.13M€9.69M▲
Profit (loss) carried forward14€-237k€555k▲
Provisions and deferred taxes16€1.60M€1.63M▲
Amounts payable17/49€6.35M€6.61M▲
Amounts payable after more than one year17€191k€130k▼
Amounts payable within one year42/48€6.15M€6.47M▲
Trade debts44€3.25M€4.48M▲
Income statement
Code20122013
Turnover70€19.35M€19.33M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€436k€364k▼
Operating profit (loss)9901€-368k€692k▲
Recurring financial income75€127k€166k▲
Recurring financial charges65€29k€32k▲
Debt charges650€16k€14k▼
Profit (loss) for the period before taxes9903€-269k€826k▲
Profit (loss) for the period9904€-237k€555k▲
Profit (loss) for the period to be appropriated9905-€555k
Timeline · acts, filings and financial milestones
2014
20-11
State Gazette act
General meeting · Merger
Accounting effect · Real estate
30-07
State Gazette act
Merger · Accounting effect
Dissolution · Pending approval
30-07
State Gazette act
Merger · Accounting effect
Power of attorney · Dissolution · Christian HUYLEBROUCK
20-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
31-12
Financial
Back to profitnet €555k
Net result €555k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-12
Financial
Weakest financial yearnet €-237k
Net result drops to €-237k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
25-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
02-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 2 days late
2009
23-09
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 54 days late
2008
31-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
31-05
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 24 acts read
About the unread acts
We know of 24 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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Structure & network
Acquisitions and mergers
1 transactionContributed a universality to:MENSURA EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING OP HET WERK
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveADHESIA