ASCANIUS
InactiveInactive; last annual accounts for fiscal year 2017.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 30-08-2018, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2017
30 d late
2016
31 d late
2015
31 d late
2014
54 d late
2013
27 d late
2012
28 d late
2011
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, abbreviated schema
Equity
€10.55M▲ 14.4%
2016 · €9.22M
2013: €6.71M
2014: €8.95M
2015: €9.02M
2016: €9.22M
2013 → 2017
Total assets
€10.64M▲ 14.9%
2016 · €9.26M
2013: €6.72M
2014: €9.13M
2015: €10.07M
2016: €9.26M
2013 → 2017
Net result
€1.33M▲ 544%
2016 · €207k
2013: €2.00M
2014: €2.25M
2015: €64k
2016: €207k
2013 → 2017
Working capital
€10.18M▲ 15.5%
2016 · €8.81M
2013: €5.59M
2014: €8.50M
2015: €8.58M
2016: €8.81M
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€6.71M-€8.95M▲ 33.5%€9.02M▲ 0.7%€9.22M▲ 2.3%€10.55M▲ 14.4%
Operating result€-60k-€-84k▼ 38.7%€-90k▼ 7.2%€-179k▼ 98.9%€1.02M
Net result€2.00M-€2.25M▲ 12.4%€64k▼ 97.2%€207k▲ 225%€1.33M▲ 544%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2017: €1.02M after a loss of €179k in 2016, the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €10.64M
Fixed assets
€368k ▼ 9.8%
Current assets
€10.27M ▲ 16.0%
Equity and liabilities €10.64M
Equity
€10.55M ▲ 14.4%
Debt
€87k ▲ 119%
Debt's share of the balance-sheet total rises from 0.4% to 0.8%. Equity and debt are higher.
Key figures and ratios
ROE
12.6%▲
2016 · 2.2%
ROA
12.5%▲
2016 · 2.2%
Debt ≤ 1 year
€87k▲
2016 · €40k
A ratio outside any meaningful range has been withheld (balance sheet total €10.64M, equity €10.55M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2017 against 2016 · 23 lines
Balance sheet
Code20162017
Assets
Total assets20/58€9.26M€10.64M▲
Fixed assets21/28€408k€368k▼
Financial fixed assets28€408k€368k▼
Current assets29/58€8.85M€10.27M▲
Stocks and contracts in progress3€27k€27k=
Amounts receivable within one year40/41€8.76M€10.23M▲
Cash at bank and in hand54/58€64k€14k▼
Equity and liabilities
Total equity and liabilities10/49€9.26M€10.64M▲
Equity10/15€9.22M€10.55M▲
Contributions10/11€1.00M€1.00M=
Reserves13€2.30M€2.30M=
Profit (loss) carried forward14€5.92M€7.25M▲
Amounts payable17/49€40k€87k▲
Amounts payable within one year42/48€40k€87k▲
Trade debts44€40k€87k▲
Income statement
Code20162017
Gross operating margin9900€-178k€1.02M▲
Operating profit (loss)9901€-179k€1.02M▲
Recurring financial income75€387k€311k▼
Recurring financial charges65€2k€517▼
Profit (loss) for the period before taxes9903€207k€1.33M▲
Income taxes67/77€215-
Profit (loss) for the period9904€207k€1.33M▲
Profit (loss) for the period to be appropriated9905€207k€1.33M▲
Timeline · acts, filings and financial milestones
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
17-08
State Gazette act
General meeting · Merger
Dissolution · Capital increase
13-06
State Gazette act
Merger · Accounting effect
Corporate purpose
2017
31-12
Financial
Equity above €10MEq €10.55M ▲14.4%
5 profitable years in a row build equity to €10.55M.
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-12
Financial
Liquidity times 24current ratio 222.20
Current ratio from 9.14 to 222.20; short-term debt falls from €1.05M to €40k.
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
28-06
State Gazette act
Merger proposal · Merger
Accounting effect · Corporate purpose
2015
31-12
Financial
Weakest financial yearnet €64k ▼97.2%
Net result drops to €64k, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 54 days late
2014
31-12
Financial
Highest result since 2013net €2.25M ▲12.4%
Net result €2.25M, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
Show earlier events
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
04-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 4 days late
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
2009
31-07
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 6 acts read
About the unread acts
We know of 6 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
Acquisitions and mergers
1 transactionTaken over by:GROUP MINERVA