ALLFIN GROUP
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2015.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2016 close31-07-2017 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 09-06-2016, 52 days ahead of the deadline.
NBB · 5 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 →
Financials · fiscal year 2015, full schema, statutory
Turnover
€2.55M▲ 17.2%
2014 · €2.18M
2011: €973k
2013: €1.60M
2014: €2.18M
2011 → 2015
EBIT margin
99.2%▲ 146.2pp
2014 · -47.0%
2011: -133.4%
2013: 473.7%
2014: -47.0%
2011 → 2015
Net result
€34.76M▲ 537%
2014 · €5.45M
2011: €9.43M
2013: €7.63M
2014: €5.45M
2011 → 2015
Working capital
€37.01M▼ 37.3%
2014 · €59.00M
2011: €32.64M
2013: €50.64M
2014: €59.00M
2011 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2011201320142015Trend
Turnover€973k-€1.60M▲ 64.7%€2.18M▲ 36.0%€2.55M▲ 17.2%
Equity€81.87M-€84.27M▲ 2.9%€89.73M▲ 6.5%€100.48M▲ 12.0%
Operating result€-1.30M-€7.59M€-1.02M€2.53M
Net result€9.43M-€7.63M▼ 19.1%€5.45M▼ 28.5%€34.76M▲ 537%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2015: €2.53M after a loss of €1.02M in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €248.57M
Fixed assets
€189.86M▲ 9.3%
Current assets
€58.70M▼ 4.5%
Equity and liabilities €248.57M
Equity
€100.48M▲ 12.0%
Debt
€148.08M▲ 1.8%
The debt ratio falls from 61.8% to 59.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.57M▲
2014 · €-979k
Cash flow
€34.80M▲
2014 · €5.50M
Solvency
40.4%▲
2014 · 38.2%
Current ratio
2.71▼
2014 · 24.99
Quick ratio
2.71▼
2014 · 24.99
Debt / equity
1.24▼
2014 · 1.58
ROE
34.6%▲
2014 · 6.1%
ROA
14.0%▲
2014 · 2.3%
Interest coverage
0.47▲
2014 · -0.19
Debt
€148.08M▲
2014 · €145.42M
Debt ≤ 1 year
€21.69M▲
2014 · €2.46M
Debt > 1 year
€125.07M▼
2014 · €141.56M
Income taxes
€-4k▲
2014 · €-8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2015 against 2014
Balance sheet
Code20142015
Assets
Total assets20/58€235.14M€248.57M▲
Formation expenses20€412k€319k▼
Fixed assets21/28€173.68M€189.86M▲
Intangible fixed assets21€23k€23k▲
Tangible fixed assets22/27€62k€40k▼
Financial fixed assets28€173.18M€189.48M▲
Current assets29/58€61.46M€58.70M▼
Amounts receivable within one year40/41€4.21M€6.47M▲
Current investments50/53€8.93M€1.55M▼
Cash at bank and in hand54/58€21.08M€23.60M▲
Equity and liabilities
Total equity and liabilities10/49€235.14M€248.57M▲
Equity10/15€89.73M€100.48M▲
Contributions10/11€37.05M€37.05M=
Reserves13€1.81M€42.00M▲
Profit (loss) carried forward14€50.86M€21.43M▼
Amounts payable17/49€145.42M€148.08M▲
Amounts payable after more than one year17€141.56M€125.07M▼
Amounts payable within one year42/48€2.46M€21.69M▲
Trade debts44€727k€702k▼
Income statement
Code20142015
Turnover70€2.18M€2.55M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€40k▼
Operating profit (loss)9901€-1.02M€2.53M▲
Recurring financial income75€16.58M€40.23M▲
Recurring financial charges65€5.65M€5.88M▲
Debt charges650€5.03M€5.48M▲
Profit (loss) for the period before taxes9903€5.45M€34.76M▲
Income taxes67/77€-8k€-4k▲
Profit (loss) for the period9904€5.45M€34.76M▲
Profit (loss) for the period to be appropriated9905€5.45M€34.76M▲
Appropriation of the result
Return on contributions (dividend)694-€24.00M
Timeline · acts, filings and financial milestones
2016
19-07
State Gazette act
General meeting · Merger
Dissolution · Capital increase · Peter VAN MELKEBEKE
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · consolidated
03-05
State Gazette act
Merger · Capital increase
Share issue · Corporate purpose
03-05
State Gazette act
Merger · Capital increase
Share issue · Accounting effect
2015
31-12
Financial
Highest result since 2011net €34.76M ▲537%
Net result €34.76M, the highest in the series.
31-12
Financial
Equity above €100MEq €100.48M ▲12%
4 profitable years in a row build equity to €100.48M.
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · consolidated
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Weakest financial yearnet €5.45M ▼28.5%
Net result drops to €5.45M, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · consolidated
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial
Liquidity times 9current ratio 14.82
Current ratio from 1.63 to 14.82; short-term debt falls from €52.08M to €3.66M.
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 27 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · consolidated · 27 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · consolidated · 31 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 transactionTaken over by:IMMOBEL