BATOET

Inactive

KBO/BCE: BE 0841.195.876

Inactive; last annual accounts for fiscal year 2016.

Risk analysis Watch Report Compare

BATOETInactive

Risk analysis Report Compare

Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 30-09-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 5 filings

Position against the passed deadline

30-09-2017 close30-04-2018 deadline25-09-2026 today

Latest accounts filed on time

The financial year that closed on 30-09-2016 was due by 30-04-2017 and was filed on 17-03-2017, 44 days ahead of the deadline.

NBB · 5 filings

Deviation 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 →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover

€745k▲ 32.9%

2012 · €560k

2012: €560k 2016: €745k

2012 → 2016

EBIT margin

0.1%=

2012 · 0.0%

2012: 0.0% 2016: 0.1%

2012 → 2016

Net result

€450▼ 94.6%

2015 · €8k

2012: €96 2013: €5k▲ +4772% vs 2012 2014: €-6k▼ -228% vs 2013lowest in 5 years 2015: €8k▲ +238% vs 2014highest in 5 years 2016: €450▼ -94.6% vs 2015

2012 → 2016

Working capital

€16k▲ 2.9%

2015 · €16k

2012: €6klowest in 5 years 2013: €14k▲ +113% vs 2012 2014: €42k▲ +208% vs 2013highest in 5 years 2015: €16k▼ -62.6% vs 2014 2016: €16k▲ +2.9% vs 2015

2012 → 2016

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20122013201420152016Trend

Turnover€560k-€745k 2012: €560k 2016: €745k

Equity€36k-€133k▲ 266%€162k▲ 21.3%€170k▲ 5.2%€170k▲ 0.3% 2012: €36klowest in 5 years 2013: €133k▲ +266% vs 2012 2014: €162k▲ +21.3% vs 2013 2015: €170k▲ +5.2% vs 2014 2016: €170k▲ +0.3% vs 2015highest in 5 years

Operating result€153-€7k▲ 4,151%€-6k€10k€430▼ 95.5% 2012: €153 2013: €7k▲ +4151% vs 2012 2014: €-6k▼ -193% vs 2013lowest in 5 years 2015: €10k▲ +259% vs 2014highest in 5 years 2016: €430▼ -95.5% vs 2015

Net result€96-€5k▲ 4,772%€-6k€8k€450▼ 94.6% 2012: €96 2013: €5k▲ +4772% vs 2012 2014: €-6k▼ -228% vs 2013lowest in 5 years 2015: €8k▲ +238% vs 2014highest in 5 years 2016: €450▼ -94.6% vs 2015

Result per fiscal year

Operating resultNet result

The operating result falls in 2016; 2016 is 96% below 2015.

Balance-sheet composition

2016 in colour, 2015 as the grey bar beneath

Assets €171k

90.5%

10%

Fixed assets €154k =

Current assets €16k ▼ 93.9%

Equity and liabilities €171k

99.8%

Equity €170k ▲ 0.3%

Debt €257 ▼ 99.9%

Debt's share of the balance-sheet total falls from 59.6% to 0.2%. Equity is higher and debt is lower.

Key figures and ratios

2016 value · change against 2015

Current ratio

63.21▲

2015 · 1.06

ROE

0.3%▼

2015 · 4.9%

ROA

0.3%▼

2015 · 2.0%

Debt ≤ 1 year

€257▼

2015 · €251k

Income taxes

€-16▼

2015 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2016 against 2015 · 23 lines

Balance sheet Code20152016

Assets

Total assets20/58€421k€171k▼

Fixed assets21/28€154k€154k=

Financial fixed assets28€154k€154k=

Current assets29/58€266k€16k▼

Amounts receivable within one year40/41€210k€16k▼

Cash at bank and in hand54/58€57k€278▼

Equity and liabilities

Total equity and liabilities10/49€421k€171k▼

Equity10/15€170k€170k▲

Contributions10/11€79k€79k=

Reserves13€5k€5k▲

Profit (loss) carried forward14€2k€3k▲

Amounts payable17/49€251k€257▼

Amounts payable within one year42/48€251k€257▼

Trade debts44€250k€257▼

Income statement Code20152016

Turnover70-€745k

Gross operating margin9900€10k-

Operating profit (loss)9901€10k€430▼

Recurring financial income75€6€4▼

Recurring financial charges65€124€0▼

Profit (loss) for the period before taxes9903€9k€434▼

Income taxes67/77€1k€-16▼

Profit (loss) for the period9904€8k€450▼

Profit (loss) for the period to be appropriated9905€8k€450▼

Accounts by statement

Income statement Balance sheet Cash flow

Line	2012	2013	2014	2015	2016	Change
Turnover70	€560k	-	-	-	€745k	-
Gross operating margin9900	€917	€7k	€-5k	€10k	-	-
Operating profit (loss)9901	€153	€7k	€-6k	€10k	€430	▼ 95.5%
Recurring financial income75	€6	€12	€28	€6	€4	▼ 32.6%
Recurring financial charges65	€13	€19	€25	€124	€0	▼ 99.9%
Profit (loss) for the period before taxes9903	€146	€7k	€-6k	€9k	€434	▼ 95.4%
Income taxes67/77	€50	€2k	-	€1k	€-16	▼ 101%
Profit (loss) for the period9904	€96	€5k	€-6k	€8k	€450	▼ 94.6%
Profit (loss) for the period to be appropriated9905	€96	€5k	€-6k	€8k	€450	▼ 94.6%

Line	2012	2013	2014	2015	2016	Change
Assets
Total assets20/58	€109k	€373k	€333k	€421k	€171k	▼ 59.4%
Fixed assets21/28	€30k	€120k	€120k	€154k	€154k	=
Financial fixed assets28	€30k	€120k	€120k	€154k	€154k	=
Current assets29/58	€79k	€253k	€213k	€266k	€16k	▼ 93.9%
Amounts receivable within one year40/41	€79k	€168k	€130k	€210k	€16k	▼ 92.4%
Cash at bank and in hand54/58	€37	€85k	€83k	€57k	€278	▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49	€109k	€373k	€333k	€421k	€171k	▼ 59.4%
Equity10/15	€36k	€133k	€162k	€170k	€170k	▲ 0.3%
Contributions10/11	€27k	€66k	€79k	€79k	€79k	=
Reserves13	€96	€5k	€5k	€5k	€5k	▲ 0.5%
Profit (loss) carried forward14	-	-	€-6k	€2k	€3k	▲ 19.4%
Amounts payable17/49	€73k	€240k	€171k	€251k	€257	▼ 99.9%
Amounts payable within one year42/48	€73k	€240k	€171k	€251k	€257	▼ 99.9%
Trade debts44	€73k	€148k	€171k	€250k	€257	▼ 99.9%

Line	2012	2013	2014	2015	2016	Change
Profit (loss) for the period9904	€96	€5k	€-6k	€8k	€450	▼ 94.6%
Operating cash flow (approximation)	€96	€5k	€-6k	€8k	€450	▼ 94.6%
Investment in fixed assets (approximation)	-	€-90k	€-298	€-34k	€0	▲ 100%
Change in cash	-	€85k	€-2k	€-26k	€-56k	▼ 113%

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

All 11Financial 5Gazette 1Filings 5

2017

17-03

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

11-10

State Gazette act Merger · Capital

Share issue · Share transfer

30-09

Financial Liquidity times 60current ratio 63.21

Current ratio from 1.06 to 63.21; short-term debt falls from €251k to €257.

10-03

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

2015

30-09

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

26-05

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 26 days late

2014

30-09

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series.

30-09

Financial Equity above €150kEq €162k ▲21.3%

Equity rises from €133k to €162k.

25-04

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema

2013

30-09

Financial Equity above €100kEq €133k ▲266%

2 profitable years in a row build equity to €133k.

29-04

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:FASEAS INTERNATIONAL

BE 0642.605.994merger by absorption · proposal · State Gazette act of 11-10-2016