AMADEUS
InactiveInactive; 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 · 10 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline28-09-2026 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 12-06-2014, 49 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 2013, abbreviated schema
Equity
€2.6m▼ 9.2%
2012 · €2.9m
Total assets
€2.7m▼ 6.5%
2012 · €2.9m
Net result
€70,491▼ 28.1%
2012 · €98,102
Working capital
€1.5m▼ 43.6%
2012 · €2.6m
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
Line20092010201120122013
Operating result€85,203--€33,341€24,647€80,550▲ 227%€54,294▼ 32.6%
Net result€66,364--€18,477€2.5m€98,102▼ 96.1%€70,491▼ 28.1%
Equity€290,888-€272,411▼ 6.4%€2.8m▲ 929%€2.9m▲ 3.5%€2.6m▼ 9.2%
Total assets€354,958-€352,960▼ 0.6%€2.8m▲ 702%€2.9m▲ 3.5%€2.7m▼ 6.5%
Debt€54,070-€70,549▲ 30.5%€29,681▼ 57.9%€30,230▲ 1.8%€107,450▲ 255%
Working capital€297,894-€263,907▼ 11.4%€2.8m▲ 957%€2.6m▼ 7.6%€1.5m▼ 43.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2013; 2013 is 33% below 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.2m ▲ 254%
Current assets
€1.6m ▼ 40.1%
Equity and liabilities €2.7m
Equity
€2.6m ▼ 9.2%
Debt
€107,450 ▲ 255%
Debt's share of the balance-sheet total rises from 1.0% to 3.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€65,607▼
2012 · €87,669
Cash flow
€81,804▼
2012 · €105,221
Current ratio
15.32
Debt to equity
0.00▼
2012 · 0.00
ROE
2.7%▼
2012 · 3.4%
ROA
2.6%▼
2012 · 3.3%
Debt ≤ 1 year
€101,508▲
2012 · €17,434
Debt > 1 year
€5,942▼
2012 · €12,796
Income taxes
€336▼
2012 · €5,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,212 | €6,497 | €6,318 | €7,119 | €11,313 | ▲ 58.9% |
| Gross operating margin9900 | €251,284 | -€17,812 | €22,686 | €90,726 | €112,037 | ▲ 23.5% |
| Operating profit (loss)9901 | €85,203 | -€33,341 | €24,647 | €80,550 | €54,294 | ▼ 32.6% |
| Recurring financial income75 | €15,689 | €14,922 | €2.5m | €24,518 | €19,366 | ▼ 21.0% |
| Recurring financial charges65 | €1,016 | €58 | €2,844 | €1,407 | €1,858 | ▲ 32.1% |
| Profit (loss) for the period before taxes9903 | €99,876 | -€18,477 | €2.5m | €103,661 | €70,827 | ▼ 31.7% |
| Income taxes67/77 | €33,512 | - | €3,170 | €5,559 | €336 | ▼ 94.0% |
| Profit (loss) for the period9904 | €66,364 | -€18,477 | €2.5m | €98,102 | €70,491 | ▼ 28.1% |
| Profit (loss) for the period to be appropriated9905 | €66,364 | -€18,477 | €2.5m | €98,102 | €70,491 | ▼ 28.1% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €354,958 | €352,960 | €2.8m | €2.9m | €2.7m | ▼ 6.5% |
| Fixed assets21/28 | €2,994 | €18,504 | €30,634 | €335,024 | €1.2m | ▲ 254% |
| Tangible fixed assets22/27 | €2,994 | €18,504 | €27,534 | €25,724 | €105,696 | ▲ 311% |
| Financial fixed assets28 | - | - | €3,100 | €309,300 | €1.1m | ▲ 249% |
| Current assets29/58 | €351,964 | €334,456 | €2.8m | €2.6m | €1.6m | ▼ 40.1% |
| Amounts receivable within one year40/41 | €214,252 | €238,716 | €2.8m | €1.6m | €580,189 | ▼ 63.2% |
| Cash at bank and in hand54/58 | €122,087 | €80,949 | €13,770 | €1.0m | €961,222 | ▼ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €354,958 | €352,960 | €2.8m | €2.9m | €2.7m | ▼ 6.5% |
| Equity10/15 | €290,888 | €272,411 | €2.8m | €2.9m | €2.6m | ▼ 9.2% |
| Contributions10/11 | €111,552 | €111,552 | €111,552 | €111,552 | €18,600 | ▼ 83.3% |
| Reserves13 | €2,098 | €2,098 | €11,155 | €11,155 | €11,155 | = |
| Profit (loss) carried forward14 | €177,238 | €158,761 | €2.7m | €2.8m | €2.6m | ▼ 6.3% |
| Provisions and deferred taxes16 | €10,000 | €10,000 | - | - | - | - |
| Amounts payable17/49 | €54,070 | €70,549 | €29,681 | €30,230 | €107,450 | ▲ 255% |
| Amounts payable after more than one year17 | - | - | €19,370 | €12,796 | €5,942 | ▼ 53.6% |
| Amounts payable within one year42/48 | €54,070 | €70,549 | €10,311 | €17,434 | €101,508 | ▲ 482% |
| Trade debts44 | €1,856 | €26,265 | €806 | €7,180 | - | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,364 | -€18,477 | €2.5m | €98,102 | €70,491 | ▼ 28.1% |
| + Depreciation and write-downs630 | €1,212 | €6,497 | €6,318 | €7,119 | €11,313 | ▲ 58.9% |
| Operating cash flow (approximation) | €67,576 | -€11,980 | €2.5m | €105,221 | €81,804 | ▼ 22.3% |
| Investment in fixed assets (approximation) | - | -€22,007 | -€18,448 | -€311,509 | -€861,285 | ▼ 176% |
| Change in cash | - | -€41,138 | -€67,179 | €992,423 | -€44,971 | ▼ 105% |
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
2015
24-08
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2014
12-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
21-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 21 days late
2011
31-12
Financial
Back to profitnet €2.5m
Net result €2.5m after one loss-making year.
31-12
Financial
Liquidity times 57current ratio 271.65
Current ratio from 4.74 to 271.65; short-term debt falls from €70,549 to €10,311.
31-12
Financial
Equity above €2mEq €2.8m ▲929%
Equity rises from €272,411 to €2.8m.
31-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
2010
31-12
Financial
Weakest financial yearnet -€18,477
Net result drops to -€18,477, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 30 days late
2009
30-09
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 61 days late
2008
19-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 19 days late
Show earlier events
2007
18-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
30-08
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 30 days late
2005
30-09
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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