ADSOLUT DEVELOPMENT CENTER
abbreviatedADCInactiveInactive; 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 31-08-2017 was due by 31-03-2018 and was filed on 12-12-2017, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2017
109 d early
2016
55 d early
2015
33 d early
2014
11 d early
2013
35 d early
2012
26 d late
2011
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, abbreviated schema
Equity
€110k▲ 182%
2016 · €39k
2013: €88k
2014: €-10k
2015: €20k
2016: €39k
2013 → 2017
Total assets
€424k▼ 41.1%
2016 · €720k
2013: €1.01M
2014: €859k
2015: €825k
2016: €720k
2013 → 2017
Net result
€71k▲ 275%
2016 · €19k
2013: €57k
2014: €-98k
2015: €30k
2016: €19k
2013 → 2017
Working capital
€-187k▲ 71.0%
2016 · €-644k
2013: €-912k
2014: €-852k
2015: €-700k
2016: €-644k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€88k-€-10k€20k€39k▲ 94.3%€110k▲ 182%
Operating result€-28k-€-97k▼ 240%€70k€37k▼ 46.9%€97k▲ 161%
Net result€57k-€-98k€30k€19k▼ 36.9%€71k▲ 275%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2017; 2017 is 161% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €424k
Fixed assets
€419k ▼ 41.4%
Current assets
€5k ▲ 9.8%
Equity and liabilities €424k
Equity
€110k ▲ 182%
Debt
€314k ▼ 53.9%
Debt's share of the balance-sheet total falls from 94.6% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€286k▼
2016 · €344k
Cash flow
€260k▼
2016 · €326k
Current ratio
0.03▲
2016 · 0.01
Debt to equity
0.04▼
2016 · 0.83
ROE
64.5%▲
2016 · 48.5%
ROA
16.7%▲
2016 · 2.6%
Debt ≤ 1 year
€192k▼
2016 · €648k
Debt > 1 year
€5k▼
2016 · €32k
Income taxes
€20k▲
2016 · €347
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 · 24 lines
Balance sheet
Code20162017
Assets
Total assets20/58€720k€424k▼
Fixed assets21/28€715k€419k▼
Intangible fixed assets21€500k€333k▼
Tangible fixed assets22/27€215k€85k▼
Current assets29/58€5k€5k▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€720k€424k▼
Equity10/15€39k€110k▲
Contributions10/11€81k€81k=
Reserves13€3k€29k▲
Profit (loss) carried forward14€-45k€-105k▼
Amounts payable17/49€681k€314k▼
Amounts payable after more than one year17€32k€5k▼
Amounts payable within one year42/48€648k€192k▼
Trade debts44€121k€4k▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€307k€189k▼
Gross operating margin9900€797k€875k▲
Operating profit (loss)9901€37k€97k▲
Recurring financial income75€600€6▼
Recurring financial charges65€18k€6k▼
Profit (loss) for the period before taxes9903€19k€91k▲
Income taxes67/77€347€20k▲
Profit (loss) for the period9904€19k€71k▲
Profit (loss) for the period to be appropriated9905€19k€71k▲
Timeline · acts, filings and financial milestones
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
27-11
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
31-08
Financial
Highest result since 2013net €71k ▲275%
Operating result €97k, net result €71k, both a record.
31-08
Financial
Equity above €100kEq €110k ▲182%
3 profitable years in a row build equity to €110k.
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Weakest financial yearnet €-98k ▼273%
Net result drops to €-98k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
26-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 26 days late
2012
22-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 22 days late
Show earlier events
2011
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
17-05
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
21-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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 transactionTaken over by:Wolters Kluwer Belgium