BDO ADFORUM
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 30-09-2017 was due by 30-04-2018 and was filed on 11-04-2018, 19 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2017
19 d early
2016
32 d early
2015
31 d early
2014
20 d early
2012
2 d late
2011
140 d late
2010
144 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, full schema
Turnover
€775k▼ 50.7%
2016 · €1.57M
2014: €1.65M
2015: €4.36M
2016: €1.57M
2014 → 2017
EBIT margin
2.8%▲ 1.8pp
2016 · 1.1%
2014: 4.1%
2015: 0.2%
2016: 1.1%
2014 → 2017
Net result
€9k▲ 2.7%
2016 · €9k
2014: €32k
2015: €8k
2016: €9k
2014 → 2017
Working capital
€37k▲ 38.6%
2016 · €27k
2014: €31k
2015: €28k
2016: €27k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Turnover€1.65M-€4.36M▲ 164%€1.57M▼ 63.9%€775k▼ 50.7%
Equity€83k-€83k▲ 0.1%€84k▲ 0.4%€86k▲ 2.3%
Operating result€67k-€10k▼ 85.4%€17k▲ 69.6%€22k▲ 31.7%
Net result€32k-€8k▼ 74.1%€9k▲ 5.3%€9k▲ 2.7%
Result per fiscal year
Operating resultNet result
After the dip in 2015 the operating result has climbed two years in a row; 2017 is 32% above 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €1.28M
Fixed assets
€61k =
Current assets
€1.22M ▲ 115%
Equity and liabilities €1.28M
Equity
€86k ▲ 2.3%
Debt
€1.20M ▲ 119%
Debt's share of the balance-sheet total rises from 86.7% to 93.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.03▼
2016 · 1.05
ROE
10.6%▲
2016 · 10.6%
ROA
0.7%▼
2016 · 1.4%
Debt ≤ 1 year
€1.18M▲
2016 · €542k
Income taxes
€7k▲
2016 · €3k
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 · 25 lines
Balance sheet
Code20162017
Assets
Total assets20/58€630k€1.28M▲
Fixed assets21/28€61k€61k=
Financial fixed assets28€61k€61k=
Current assets29/58€568k€1.22M▲
Amounts receivable within one year40/41€560k€1.20M▲
Cash at bank and in hand54/58€4k€19k▲
Equity and liabilities
Total equity and liabilities10/49€630k€1.28M▲
Equity10/15€84k€86k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Profit (loss) carried forward14€62k€64k▲
Amounts payable17/49€546k€1.20M▲
Amounts payable within one year42/48€542k€1.18M▲
Trade debts44€141k€90k▼
Income statement
Code20162017
Turnover70€1.57M€775k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€921-
Operating profit (loss)9901€17k€22k▲
Recurring financial income75€444€2k▲
Recurring financial charges65€5k€8k▲
Debt charges650€5k€7k▲
Profit (loss) for the period before taxes9903€12k€16k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€9k€9k▲
Profit (loss) for the period to be appropriated9905€9k€9k▲
Appropriation of the result
Return on contributions (dividend)694€9k€7k▼
Timeline · acts, filings and financial milestones
2018
09-05
State Gazette act
General meeting · Legal-form conversion
Name change · Merger · Paul MASELIS
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
14-03
State Gazette act
Merger · Accounting effect
Auditor appointment · Corporate purpose
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-09
Financial
Weakest financial yearnet €8k ▼74.1%
Net result drops to €8k, the lowest in the series.
10-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
02-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 2 days late
2012
18-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 140 days late
2011
22-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 144 days late
2010
30-09
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 61 days late
2009
27-11
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 119 days late
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:BDO MANAGEMENT ADVISORY