AGROBOS TECHNOLOGY
InactiveInactive; last annual accounts for fiscal year 2016.
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 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 07-04-2017, 115 days ahead of the deadline.
NBB · 10 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)
Financials · fiscal year 2016, full schema
Turnover
€6,950▼ 50.3%
2015 · €13,977
EBIT margin
-3691.8%▼ 3085.5pp
2015 · -606.3%
Net result
€183,012
2015 · -€216,711
Working capital
€6.3m▼ 29.8%
2015 · €8.9m
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
Line20122013201420152016
Turnover€10,010-€9,273▼ 7.4%€9,326▲ 0.6%€13,977▲ 49.9%€6,950▼ 50.3%
Operating result-€293,055--€346,531▼ 18.2%-€329,154▲ 5.0%-€84,746▲ 74.3%-€256,563▼ 203%
Net result€54,325--€71,596-€167,000▼ 133%-€216,711▼ 29.8%€183,012
EBIT margin-2927.5%--3737.1%▼ 809.6pp-3529.4%▲ 207.6pp-606.3%▲ 2923.1pp-3691.8%▼ 3085.5pp
Equity€6.1m-€6.0m▼ 1.2%€5.8m▼ 2.8%€6.6m▲ 13.5%€6.8m▲ 2.8%
Total assets€6.2m-€6.1m▼ 2.0%€5.9m▼ 3.0%€10.7m▲ 81.3%€7.9m▼ 26.5%
Debt€153,145-€102,602▼ 33.0%€107,302▲ 4.6%€4.1m▲ 3,758%€1.1m▼ 73.1%
Working capital€4.3m-€4.8m▲ 13.1%€4.5m▼ 7.2%€8.9m▲ 98.1%€6.3m▼ 29.8%
Staff (FTE)2-2=2=2=2=
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €256,563 in 2016 against €84,746 in 2015; the loss grows.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €7.9m
Fixed assets
€1.5m ▼ 11.5%
Current assets
€6.4m ▼ 29.3%
Equity and liabilities €7.9m
Equity
€6.8m ▲ 2.8%
Debt
€1.1m ▼ 73.1%
Debt's share of the balance-sheet total falls from 38.5% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
55.90▼
2015 · 85.91
Debt to equity
0.15▼
2015 · 0.61
ROE
2.7%▲
2015 · -3.3%
ROA
2.3%▲
2015 · -2.0%
Debt ≤ 1 year
€113,939▲
2015 · €104,904
Debt > 1 year
€1.0m▼
2015 · €4.0m
Income taxes
€157▼
2015 · €268
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €10,010 | €9,273 | €9,326 | €13,977 | €6,950 | ▼ 50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €466 | €466 | €466 | - | - |
| Gross operating margin9900 | -€42,741 | -€34,786 | -€25,411 | -€45,834 | -€42,475 | ▲ 7.3% |
| Operating profit (loss)9901 | -€293,055 | -€346,531 | -€329,154 | -€84,746 | -€256,563 | ▼ 203% |
| Recurring financial income75 | €217,456 | €174,725 | €162,768 | €162,033 | €136,208 | ▼ 15.9% |
| Recurring financial charges65 | €211 | €324 | €319 | €3,437 | €18,351 | ▲ 434% |
| Profit (loss) for the period before taxes9903 | €54,649 | -€71,288 | -€166,706 | -€216,444 | €183,169 | ▲ 185% |
| Income taxes67/77 | €324 | €308 | €295 | €268 | €157 | ▼ 41.3% |
| Profit (loss) for the period9904 | €54,325 | -€71,596 | -€167,000 | -€216,711 | €183,012 | ▲ 184% |
| Profit (loss) for the period to be appropriated9905 | €54,325 | -€71,596 | -€167,000 | -€216,711 | €183,012 | ▲ 184% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.2m | €6.1m | €5.9m | €10.7m | €7.9m | ▼ 26.5% |
| Fixed assets21/28 | €1.8m | €1.2m | €1.3m | €1.7m | €1.5m | ▼ 11.5% |
| Tangible fixed assets22/27 | - | €933 | €466 | - | - | - |
| Financial fixed assets28 | €1.8m | €1.2m | €1.3m | €1.7m | €1.5m | ▼ 11.5% |
| Current assets29/58 | €4.4m | €4.9m | €4.6m | €9.0m | €6.4m | ▼ 29.3% |
| Amounts receivable within one year40/41 | €1.7m | €1.7m | €1.8m | €1.5m | €1.4m | ▼ 6.2% |
| Cash at bank and in hand54/58 | €2.7m | €3.2m | €2.7m | €7.5m | €4.6m | ▼ 39.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.2m | €6.1m | €5.9m | €10.7m | €7.9m | ▼ 26.5% |
| Equity10/15 | €6.1m | €6.0m | €5.8m | €6.6m | €6.8m | ▲ 2.8% |
| Contributions10/11 | €6.0m | €6.0m | €6.0m | €7.0m | €7.0m | = |
| Reserves13 | €48,588 | €48,588 | €48,588 | €48,588 | €57,738 | ▲ 18.8% |
| Profit (loss) carried forward14 | €6,682 | -€64,914 | -€231,914 | -€448,625 | -€274,764 | ▲ 38.8% |
| Provisions and deferred taxes16 | €18,205 | €18,205 | - | - | - | - |
| Amounts payable17/49 | €153,145 | €102,602 | €107,302 | €4.1m | €1.1m | ▼ 73.1% |
| Amounts payable after more than one year17 | - | - | - | €4.0m | €1.0m | ▼ 75.0% |
| Amounts payable within one year42/48 | €153,076 | €102,520 | €107,204 | €104,904 | €113,939 | ▲ 8.6% |
| Trade debts44 | €13,085 | €1,113 | €5,002 | €13,461 | €11,865 | ▼ 11.9% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,325 | -€71,596 | -€167,000 | -€216,711 | €183,012 | ▲ 184% |
| + Depreciation and write-downs630 | - | €466 | €466 | €466 | - | - |
| Operating cash flow (approximation) | €54,325 | -€71,129 | -€166,534 | -€216,245 | €183,012 | ▲ 185% |
| Investment in fixed assets (approximation) | - | €632,939 | -€165,023 | -€407,814 | €197,835 | ▲ 149% |
| Change in cash | - | €453,969 | -€446,243 | €4.8m | -€3.0m | ▼ 162% |
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
2017
23-05
State Gazette act
Merger · Capital
Net-asset statement · Accounting effect
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Back to profitnet €183,012
Net result €183,012 after 3 loss-making years.
04-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet -€216,711
Net result drops to -€216,711, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 85.91
Current ratio from 42.95 to 85.91; short-term debt falls from €107,204 to €104,904.
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
19-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
18-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
06-04
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
30-03
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
06-04
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
15-04
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceact 23-05-2017share not stated
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:INVESTSUD