ASCURE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2013.
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 30-06-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2014 close31-01-2015 deadline15-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2013 was due by 31-01-2014 and was filed on 13-01-2014, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
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 2013, full schema
Turnover
€3.12M▼ 48.7%
2012 · €6.08M
2012: €6.08M
2012 → 2013
EBIT margin
2.4%▼ 0.4pp
2012 · 2.8%
2012: 2.8%
2012 → 2013
Net result
€-19k
2010 · €187k
2009: €69k
2010: €187k
2009 → 2012
Working capital
€584k▼ 14.8%
2012 · €686k
2009: €567k
2010: €669k
2012: €686k
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2009201020122013Trend
Turnover€6.08M€3.12M▼ 48.7%
Equity€388k-€576k▲ 48.2%€557k▼ 3.3%€557k=
Operating result€281k-€188k▼ 33.0%€169k▼ 10.2%€75k▼ 55.5%
Net result€69k-€187k▲ 171%€-19k
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2013 is 56% below 2012 and is the lowest year so far.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €2.40M
Fixed assets
€12k▼ 58.9%
Current assets
€2.38M▲ 26.9%
Equity and liabilities €2.40M
Equity
€557k=
Provisions
€39k▼ 65.9%
Debt
€1.80M▲ 45.7%
The debt ratio rises from 64.8% to 75.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€92k▼
2012 · €235k
Solvency
23.2%▼
2012 · 29.2%
Current ratio
1.32▼
2012 · 1.57
Quick ratio
1.32▼
2012 · 1.57
Interest coverage
7.28▲
2012 · 4.10
Debt
€1.80M▲
2012 · €1.24M
Debt ≤ 1 year
€1.80M▲
2012 · €1.19M
Income taxes
€62k
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 · 2013 against 2012
Balance sheet
Code20122013
Assets
Total assets20/58€1.91M€2.40M▲
Fixed assets21/28€29k€12k▼
Tangible fixed assets22/27€22k€5k▼
Financial fixed assets28€7k€7k=
Current assets29/58€1.88M€2.38M▲
Stocks and contracts in progress3-€130k
Amounts receivable within one year40/41€1.49M€2.22M▲
Cash at bank and in hand54/58€388k€24k▼
Equity and liabilities
Total equity and liabilities10/49€1.91M€2.40M▲
Equity10/15€557k€557k=
Contributions10/11€1.00M€1.00M=
Profit (loss) carried forward14€-443k€-443k=
Provisions and deferred taxes16€115k€39k▼
Amounts payable17/49€1.24M€1.80M▲
Amounts payable within one year42/48€1.19M€1.80M▲
Trade debts44€234k€1.32M▲
Income statement
Code20122013
Turnover70€6.08M€3.12M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€17k▼
Operating profit (loss)9901€169k€75k▼
Recurring financial income75€9k€288▼
Recurring financial charges65€67k€15k▼
Debt charges650€57k€13k▼
Profit (loss) for the period before taxes9903€-19k€62k▲
Income taxes67/77-€62k
Profit (loss) for the period9904€-19k-
Profit (loss) for the period to be appropriated9905€-19k-
Timeline · acts, filings and financial milestones
2014
02-04
State Gazette act
General meeting · Merger
Purpose change · Dissolution · Vincent Vroninks
02-04
State Gazette act
General meeting · Merger
Purpose change · Dissolution
13-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
16-12
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
16-12
State Gazette act
Merger · Accounting effect
Purpose change · Merger approval date
16-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
30-06
Financial
Weakest financial yearnet €-19k ▼110%
Net result drops to €-19k, the lowest in the series.
2011
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-12
Financial
Highest result since 2009net €187k ▲171%
Net result €187k, the highest in the series.
31-12
Financial
Equity above €500kEq €576k ▲48.2%
2 profitable years in a row build equity to €576k.
30-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
17-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
14-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
05-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
28-07
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
06-07
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
11-05
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
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:PRICEWATERHOUSECOOPERS ENTERPRISE ADVISORY