ALGICO
InactiveFinancials · financial year 2014, abbreviated format
Annual accounts 2014 filed on 31-08-2015 PDF all 6 filings
Turnover
€103,133▼ 4.7%
2013 · €108,191
EBIT margin
30.0%▲ 10.8pp
2013 · 19.2%
Net result
€1,319
2013 · -€9,946
Working capital
-€754,659▲ 52.7%
2013 · -€1.6m
Trend over the years
2010 to 2014, 5 financial years 2010 to 2014, 5 financial years
The operating result for 2014 is 49% higher than in 2013. It is a recovery after the fall in 2013.
Turnover€0.1m
2014
Operating result€0.03m
2014
Net result€0.001m
2014
Total assets€1.9m
2014
Equity-€0.02m
2014
Debt€2.0m
2014
Working capital-€0.8m
2014
EBIT margin30.0%
2014
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132014
Turnover€0.2m€0.1m▼ 37.1%€0.1m▼ 4.7%
Operating result€0.04m-€0.03m▼ 37.3%€0.05m▲ 95.0%€0.02m▼ 61.0%€0.03m▲ 49.3%
Net result€0.02m--€0.005m-€0.002m▲ 52.5%-€0.01m▼ 317%€0.001m
EBIT margin30.9%19.2%▼ 11.7pp30.0%▲ 10.8pp
Equity-€0.003m--€0.008m▼ 200%-€0.01m▼ 31.7%-€0.02m▼ 100%-€0.02m▲ 6.6%
Total assets€2.0m-€2.1m▲ 7.0%€2.0m▼ 4.5%€2.0m▼ 2.8%€1.9m▼ 0.4%
Debt€2.0m-€2.1m▲ 7.2%€2.0m▼ 4.4%€2.0m▼ 2.3%€2.0m▼ 0.5%
Working capital-€0.4m--€0.5m▼ 12.5%-€1.6m▼ 249%-€1.6m▼ 0.6%-€0.8m▲ 52.7%
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.9m ▼ 2.7%
Current assets
€81,198 ▲ 120%
Equity and liabilities
Equity-€18,549
Debt€2.0m
Equity is negative. Debt (€2.0m) exceeds the balance-sheet total (€1.9m).
Key figures and ratios
EBITDA
€83,618▲
2013 · €73,409
Cash flow
€54,007▲
2013 · €42,742
Solvency
-1.0%▲
2013 · -1.0%
Current ratio
0.10▲
2013 · 0.02
ROA
0.1%▲
2013 · -0.5%
Debt ≤ 1 year
€835,857▼
2013 · €1.6m
Debt > 1 year
€1.1m▲
2013 · €345,386
Customer credit
232 days▲
2013 · 109 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €171,886 | €108,191 | €103,133 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,983 | €6,979 | €52,639 | €52,687 | €52,687 | = |
| Gross operating margin9900 | €82,861 | €35,137 | €107,563 | €82,644 | €92,173 | ▲ 11.5% |
| Operating profit (loss)9901 | €43,469 | €27,244 | €53,117 | €20,722 | €30,930 | ▲ 49.3% |
| Recurring financial income75 | €7 | €14 | €380 | - | €2 | - |
| Recurring financial charges65 | €28,069 | €32,284 | €46,773 | €30,668 | €29,612 | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €15,406 | -€5,027 | -€2,388 | -€9,946 | €1,319 | - |
| Income taxes67/77 | €0 | -€0 | €0 | - | - | - |
| Profit (loss) for the period9904 | €15,406 | -€5,027 | -€2,388 | -€9,946 | €1,319 | - |
| Profit (loss) for the period to be appropriated9905 | €15,406 | -€5,027 | -€2,388 | -€9,946 | €1,319 | - |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.1m | €2.0m | €2.0m | €1.9m | ▼ 0.4% |
| Fixed assets21/28 | €0.8m | €0.8m | €2.0m | €1.9m | €1.9m | ▼ 2.7% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €2.0m | €1.9m | €1.9m | ▼ 2.7% |
| Current assets29/58 | €1.1m | €1.3m | €0.04m | €0.04m | €0.08m | ▲ 120% |
| Stocks and contracts in progress3 | €0.2m | €1.2m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.8m | €0.03m | €0.04m | €0.03m | €0.07m | ▲ 104% |
| Cash at bank and in hand54/58 | €0.2m | €0.003m | €0.004m | €0.005m | €0.02m | ▲ 229% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.1m | €2.0m | €2.0m | €1.9m | ▼ 0.4% |
| Equity10/15 | -€0.003m | -€0.008m | -€0.01m | -€0.02m | -€0.02m | ▲ 6.6% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.02m | -€0.03m | -€0.03m | -€0.04m | -€0.04m | ▲ 3.3% |
| Amounts payable17/49 | €2.0m | €2.1m | €2.0m | €2.0m | €2.0m | ▼ 0.5% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.3m | €1.1m | ▲ 228% |
| Amounts payable within one year42/48 | €1.5m | €1.7m | €1.6m | €1.6m | €0.8m | ▼ 48.8% |
| Trade debts44 | €0.007m | €0.2m | €0.01m | €0.004m | €0.004m | ▲ 5.8% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | -€0.005m | -€0.002m | -€0.01m | €0.001m | - |
| + Depreciation and write-downs630 | €0.04m | €0.007m | €0.05m | €0.05m | €0.05m | = |
| Operating cash flow (approximation) | €0.05m | €0.002m | €0.05m | €0.04m | €0.05m | ▲ 26.4% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€1.2m | -€0.002m | €0 | - |
| Change in cash | - | -€0.2m | €0.001m | €321 | €0.01m | ▲ 34× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-53700148 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-52700127 | |
| 31-12-2012 | abbreviated format | 26-06-2013 | 2013-22200564 | |
| 31-12-2011 | abbreviated format | 09-08-2012 | 2012-40400378 | |
| 31-12-2010 | abbreviated format | 12-08-2011 | 2011-40300259 | |
| 31-12-2009 | abbreviated format | 02-07-2010 | 2010-27300070 |