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AGV

Inactive
KBO/BCE: BE 0808.176.680

Inactive; 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 · 5 filings
Position against the passed deadline
31-12-2014 close31-07-2015 deadline24-09-2026 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 23-06-2014, 38 days ahead of the deadline.
NBB · 5 filings
Deviation 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2013, full schema

Turnover
€1.24M▼ 27.5%
2012 · €1.71M
2009: €2.41M 2010: €1.27M 2011: €2.01M 2012: €1.71M
2009 → 2013
EBIT margin
-2.6%▼ 9.6pp
2012 · 7.0%
2009: -7.7% 2010: -4.6% 2011: 10.0% 2012: 7.0%
2009 → 2013
Net result
€-63k
2012 · €94k
2009: €-265k 2010: €-145k 2011: €149k 2012: €94k
2009 → 2013
Working capital
€-62k
2012 · €72k
2009: €134k 2010: €-40k 2011: €48k 2012: €72k
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20092010201120122013Trend
Turnover€2.41M-€1.27M▼ 47.2%€2.01M▲ 57.8%€1.71M▼ 15.0%€1.24M▼ 27.5%
Equity€235k-€90k▼ 61.6%€240k▲ 166%€334k▲ 39.3%€271k▼ 18.9%
Operating result€-185k-€-58k▲ 68.6%€202k€120k▼ 40.5%€-32k
Net result€-265k-€-145k▲ 45.5%€149k€94k▼ 36.9%€-63k
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2009: €-185k€-185kNet result 2009: €-265k€-265kOperating result 2010: €-58k€-58kNet result 2010: €-145k€-145kOperating result 2011: €202k€202kNet result 2011: €149k€149kOperating result 2012: €120k€120kNet result 2012: €94k€94kOperating result 2013: €-32k€-32kNet result 2013: €-63k€-63k20092010201120122013€-100k€0€100k€200kOperating result 2011: €202k€202kNet result 2011: €149k€149kOperating result 2012: €120k€120kNet result 2012: €94k€94kOperating result 2013: €-32k€-32kNet result 2013: €-63k€-63k201120122013
The operating result turns negative in 2013: a loss of €32k after €120k in 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €619k
Fixed assets €333k ▼ 18.2%
Current assets €286k ▼ 26.1%
Equity and liabilities €619k
Equity €271k ▼ 18.9%
Debt €348k ▼ 24.3%
Debt's share of the balance-sheet total falls from 57.9% to 56.3%. Equity and debt are lower.
Key figures and ratios
2013 value · change against 2012
EBITDA
€42k
2012 · €195k
Cash flow
€11k
2012 · €169k
Current ratio
0.82
2012 · 1.23
Quick ratio
0.41
2012 · 0.84
ROE
-23.4%
2012 · 28.2%
ROA
-10.2%
2012 · 11.9%
Interest coverage
4.39
2012 · 12.01
Debt ≤ 1 year
€348k
2012 · €314k
Income taxes
€82
2012 · €126
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 · 27 lines
Balance sheet Code20122013
Assets
Total assets20/58€794k€619k
Fixed assets21/28€407k€333k
Intangible fixed assets21€405k€333k
Tangible fixed assets22/27€2k€14
Financial fixed assets28€69€69=
Current assets29/58€387k€286k
Stocks and contracts in progress3€121k€142k
Amounts receivable within one year40/41€148k€117k
Cash at bank and in hand54/58€106k€12k
Equity and liabilities
Total equity and liabilities10/49€794k€619k
Equity10/15€334k€271k
Contributions10/11€500k€500k=
Profit (loss) carried forward14€-166k€-229k
Amounts payable17/49€460k€348k
Amounts payable after more than one year17€145k-
Amounts payable within one year42/48€314k€348k
Trade debts44€153k€141k
Income statement Code20122013
Turnover70€1.71M€1.24M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€74k
Operating profit (loss)9901€120k€-32k
Recurring financial income75€31k€6k
Recurring financial charges65€57k€37k
Debt charges650€16k€10k
Profit (loss) for the period before taxes9903€94k€-63k
Income taxes67/77€126€82
Profit (loss) for the period9904€94k€-63k
Profit (loss) for the period to be appropriated9905€94k€-63k

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Timeline · acts, filings and financial milestones

2014
23-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
20-06
State Gazette act Merger · Capital
Corporate purpose · Board composition
2013
10-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
26-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial Back to profitnet €149k
Net result €149k after 2 loss-making years.
31-12
Financial Equity above €200kEq €240k ▲166%
Equity rises from €90k to €240k.
04-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 4 days late
17-02
State Gazette act Board meeting · Permanent representative
2010
06-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 6 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:MANEXCO-HPP
BE 0420.049.986merger by absorption · proposal · State Gazette act of 20-06-2014