ARODIAM
InactiveInactive; last annual accounts for fiscal year 2017.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 13-07-2018, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2017
18 d early
2016
5 d early
2015
4 d early
2014
16 d early
2013
31 d early
2012
36 d early
2011
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2017 is 4 days before the deadline, and 41% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, abbreviated schema
Equity
€3.1m▼ 4.2%
2016 · €3.3m
Total assets
€3.1m▼ 4.6%
2016 · €3.3m
Net result
-€136,117▼ 4,662%
2016 · -€2,858
Working capital
€3.0m▼ 4.3%
2016 · €3.1m
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
Line20132014201520162017
Operating result-€24,831--€93,377▼ 276%-€107,049▼ 14.6%€15,893-€64,586
Net result€34,200-€19,801▼ 42.1%€10,702▼ 46.0%-€2,858-€136,117▼ 4,662%
Equity€3.2m-€3.2m▲ 0.6%€3.3m▲ 0.3%€3.3m▼ 0.1%€3.1m▼ 4.2%
Total assets€3.7m-€3.3m▼ 11.9%€3.3m▼ 1.1%€3.3m▲ 0.5%€3.1m▼ 4.6%
Debt€518,087-€51,747▼ 90.0%€6,078▼ 88.3%€26,718▲ 340%€11,508▼ 56.9%
Working capital€3.1m-€3.1m▲ 0.8%€3.1m▲ 0.4%€3.1m=€3.0m▼ 4.3%
Staff (FTE)0.5-0.5=0.5=0.5=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €64,586 after €15,893 in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €3.1m
Fixed assets
€141,756 ▼ 1.8%
Current assets
€3.0m ▼ 4.7%
Equity and liabilities €3.1m
Equity
€3.1m ▼ 4.2%
Debt
€11,508 ▼ 56.9%
Debt's share of the balance-sheet total falls from 0.8% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€61,937▼
2016 · €19,196
Cash flow
-€133,469▼
2016 · €444
ROE
-4.4%▼
2016 · -0.1%
ROA
-4.3%▼
2016 · -0.1%
Debt ≤ 1 year
€11,508▼
2016 · €26,718
A ratio outside any meaningful range has been withheld (balance sheet total €3.1m, equity €3.1m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,186 | €4,214 | €4,126 | €3,303 | €2,649 | ▼ 19.8% |
| Gross operating margin9900 | €65 | -€68,336 | -€82,317 | €57,276 | -€59,718 | ▼ 204% |
| Operating profit (loss)9901 | -€24,831 | -€93,377 | -€107,049 | €15,893 | -€64,586 | ▼ 506% |
| Recurring financial income75 | €117,080 | €137,507 | €148,404 | €31,230 | €25 | ▼ 99.9% |
| Recurring financial charges65 | €55,749 | €24,305 | €30,652 | €39,642 | €71,556 | ▲ 80.5% |
| Profit (loss) for the period before taxes9903 | €36,500 | €19,825 | €10,702 | €7,482 | -€136,117 | ▼ 1,919% |
| Income taxes67/77 | €2,300 | €24 | €0 | €10,340 | - | - |
| Profit (loss) for the period9904 | €34,200 | €19,801 | €10,702 | -€2,858 | -€136,117 | ▼ 4,662% |
| Profit (loss) for the period to be appropriated9905 | €34,200 | €19,801 | €10,702 | -€2,858 | -€136,117 | ▼ 4,662% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.7m | €3.3m | €3.3m | €3.3m | €3.1m | ▼ 4.6% |
| Fixed assets21/28 | €154,538 | €150,902 | €147,707 | €144,404 | €141,756 | ▼ 1.8% |
| Intangible fixed assets21 | €1,384 | €923 | €461 | - | - | - |
| Tangible fixed assets22/27 | €151,229 | €148,055 | €145,321 | €142,480 | €139,831 | ▼ 1.9% |
| Financial fixed assets28 | €1,924 | €1,924 | €1,924 | €1,924 | €1,924 | = |
| Current assets29/58 | €3.6m | €3.1m | €3.1m | €3.1m | €3.0m | ▼ 4.7% |
| Stocks and contracts in progress3 | €2.1m | €2.5m | €2.8m | - | - | - |
| Amounts receivable within one year40/41 | €1.2m | €369,723 | €106,562 | €3.0m | €2.9m | ▼ 1.8% |
| Cash at bank and in hand54/58 | €300,289 | €283,165 | €185,423 | €183,758 | €87,265 | ▼ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.7m | €3.3m | €3.3m | €3.3m | €3.1m | ▼ 4.6% |
| Equity10/15 | €3.2m | €3.2m | €3.3m | €3.3m | €3.1m | ▼ 4.2% |
| Contributions10/11 | €100,397 | €100,397 | €100,397 | €100,397 | €100,397 | = |
| Reserves13 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Profit (loss) carried forward14 | €768,874 | €788,674 | €799,377 | €796,518 | €660,401 | ▼ 17.1% |
| Amounts payable17/49 | €518,087 | €51,747 | €6,078 | €26,718 | €11,508 | ▼ 56.9% |
| Amounts payable within one year42/48 | €518,087 | €51,747 | €6,078 | €26,718 | €11,508 | ▼ 56.9% |
| Trade debts44 | €309,354 | €36,571 | €762 | €2,528 | - | - |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,200 | €19,801 | €10,702 | -€2,858 | -€136,117 | ▼ 4,662% |
| + Depreciation and write-downs630 | €4,186 | €4,214 | €4,126 | €3,303 | €2,649 | ▼ 19.8% |
| Operating cash flow (approximation) | €38,386 | €24,015 | €14,828 | €444 | -€133,469 | ▼ 30,134% |
| Investment in fixed assets (approximation) | - | -€578 | -€931 | €0 | €0 | - |
| Change in cash | - | -€17,125 | -€97,742 | -€1,664 | -€96,493 | ▼ 5,697% |
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
2018
28-08
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
07-06
State Gazette act
Merger · Accounting effect
Purpose adoption
2017
31-12
Financial
Weakest financial yearnet -€136,117
Net result drops to -€136,117, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 259.70
Current ratio from 117.42 to 259.70; short-term debt falls from €26,718 to €11,508.
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Liquidity times 8current ratio 512.67
Current ratio from 60.83 to 512.67; short-term debt falls from €51,747 to €6,078.
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Liquidity times 9current ratio 60.83
Current ratio from 6.93 to 60.83; short-term debt falls from €518,087 to €51,747.
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
25-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Show earlier events
2012
28-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
16-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
14-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
27-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
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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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:ARODIAM MANUFACTURING COMPANY