ARCELAR
InactiveFinancials · financial year 2015, abbreviated format
Annual accounts 2015 filed on 07-07-2016 PDF all 5 filings
Turnover
≈ €170,000
Estimated: probably between €100,000 and €330,000
Total assets
€232,364▲ 34.1%
2014 · €173,244
Net result
€44,527
2014 · -€10,314
Working capital
€132,667▲ 50.5%
2014 · €88,140
Multi-year overview
2011 to 2015, 5 financial yearsOperating result
€60,336
2015
20112015
Net result
€44,527
2015
20112015
Equity
€133,367
▲ 50.1%
2015
20112015
Total assets
€232,364
▲ 34.1%
2015
20112015
Debt
€98,997
▲ 17.3%
2015
20112015
Working capital
€132,667
▲ 50.5%
2015
20112015
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result€455,861-€464,966▲ 2.0%-€4,557-€6,865▼ 50.7%€60,336
Net result€277,786-€304,828▲ 9.7%-€1,060-€10,314▼ 873%€44,527
Equity€99,586-€100,214▲ 0.6%€99,154▼ 1.1%€88,840▼ 10.4%€133,367▲ 50.1%
Total assets€923,164-€607,587▼ 34.2%€228,805▼ 62.3%€173,244▼ 24.3%€232,364▲ 34.1%
Debt€823,578-€507,373▼ 38.4%€129,651▼ 74.4%€84,404▼ 34.9%€98,997▲ 17.3%
Working capital€99,396-€99,514▲ 0.1%€98,454▼ 1.1%€88,140▼ 10.5%€132,667▲ 50.5%
The operating result for 2015 is a profit of €60,336, after a loss of €6,865 in 2014. It is the highest result since 2012.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €232,364
Fixed assets
€700 =
Current assets
€231,664 ▲ 34.3%
Equity and liabilities €232,364
Equity
€133,367 ▲ 50.1%
Debt
€98,997 ▲ 17.3%
Debt's share of the balance-sheet total falls from 48.7% to 42.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.34▲
2014 · 2.04
Quick ratio
1.56▲
2014 · 0.07
ROE
33.4%▲
2014 · -11.6%
ROA
19.2%▲
2014 · -6.0%
Debt ≤ 1 year
€98,997▲
2014 · €84,404
Income taxes
€14,566
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €459,059 | €465,584 | -€3,399 | -€6,226 | €60,976 | - |
| Operating profit (loss)9901 | €455,861 | €464,966 | -€4,557 | -€6,865 | €60,336 | - |
| Recurring financial income75 | €401 | €2,272 | €2,047 | €166 | €16 | ▼ 90.3% |
| Recurring financial charges65 | €33,934 | €5,235 | €3,024 | €3,615 | €1,259 | ▼ 65.2% |
| Profit (loss) for the period before taxes9903 | €422,328 | €462,003 | -€5,533 | -€10,314 | €59,093 | - |
| Income taxes67/77 | €144,543 | €157,175 | -€4,473 | - | €14,566 | - |
| Profit (loss) for the period9904 | €277,786 | €304,828 | -€1,060 | -€10,314 | €44,527 | - |
| Profit (loss) for the period to be appropriated9905 | €277,786 | €304,828 | -€1,060 | -€10,314 | €44,527 | - |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €923,164 | €607,587 | €228,805 | €173,244 | €232,364 | ▲ 34.1% |
| Fixed assets21/28 | €700 | €700 | €700 | €700 | €700 | = |
| Financial fixed assets28 | €700 | €700 | €700 | €700 | €700 | = |
| Current assets29/58 | €922,464 | €606,887 | €228,105 | €172,544 | €231,664 | ▲ 34.3% |
| Stocks and contracts in progress3 | €779,885 | €166,375 | €166,375 | €166,375 | €76,900 | ▼ 53.8% |
| Amounts receivable within one year40/41 | - | - | €511 | €553 | €152,500 | ▲ 276× |
| Cash at bank and in hand54/58 | €140,979 | €205,667 | €60,589 | €5,216 | €2,064 | ▼ 60.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €923,164 | €607,587 | €228,805 | €173,244 | €232,364 | ▲ 34.1% |
| Equity10/15 | €99,586 | €100,214 | €99,154 | €88,840 | €133,367 | ▲ 50.1% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Reserves13 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Profit (loss) carried forward14 | €586 | €1,214 | €154 | -€10,160 | €34,367 | - |
| Amounts payable17/49 | €823,578 | €507,373 | €129,651 | €84,404 | €98,997 | ▲ 17.3% |
| Amounts payable within one year42/48 | €823,069 | €507,373 | €129,651 | €84,404 | €98,997 | ▲ 17.3% |
| Trade debts44 | €165,365 | €43,173 | €42,451 | €12,404 | €7,435 | ▼ 40.1% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €277,786 | €304,828 | -€1,060 | -€10,314 | €44,527 | - |
| Operating cash flow (approximation) | €277,786 | €304,828 | -€1,060 | -€10,314 | €44,527 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €64,688 | -€145,078 | -€55,373 | -€3,152 | ▲ 94.3% |
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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2015 | abbreviated format | 07-07-2016 | 2016-30000343 | |
| 31-12-2014 | abbreviated format | 31-07-2015 | 2015-38300055 | |
| 31-12-2013 | abbreviated format | 04-07-2014 | 2014-27800227 | |
| 31-12-2012 | abbreviated format | 09-07-2013 | 2013-28900324 | |
| 31-12-2011 | abbreviated format | 26-06-2012 | 2012-22900542 |