BELGOPHAR
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2018.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2018 was due by 31-03-2019 and was filed on 22-02-2019, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2018
37 d early
2017
12 d early
2016
23 d late
2015
18 d late
2014
6 d late
2013
2 d early
2012
8 d late
← before the deadline
after the deadline →
Financials · fiscal year 2018, abbreviated schema
Equity
€195k▼ 0.6%
2017 · €196k
2014: €103k
2015: €198k
2016: €197k
2017: €196k
2014 → 2018
Total assets
€197k▼ 0.3%
2017 · €198k
2014: €120k
2015: €200k
2016: €199k
2017: €198k
2014 → 2018
Net result
€-1k▼ 10.5%
2017 · €-1k
2014: €102k
2015: €95k
2016: €-1k
2017: €-1k
2014 → 2018
Working capital
€195k▼ 0.4%
2017 · €195k
2014: €80k
2016: €196k
2017: €195k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Equity€103k-€198k▲ 91.8%€197k▼ 0.5%€196k▼ 0.5%€195k▼ 0.6%
Operating result€102k-€114k▲ 11.8%€-3k€-3k▼ 1.0%€-2k▲ 31.0%
Net result€102k-€95k▼ 7.0%€-1k€-1k▲ 0.3%€-1k▼ 10.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2018 against €3k in 2017; the loss shrinks.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €197k
Fixed assets
€2k▼ 16.7%
Current assets
€196k▼ 0.1%
Equity and liabilities €197k
Equity
€195k▼ 0.6%
Debt
€3k▲ 33.7%
The debt ratio rises from 1.0% to 1.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-2k▲
2017 · €-2k
Cash flow
€-857▼
2017 · €-412
Solvency
98.7%▼
2017 · 99.0%
ROE
-0.6%▼
2017 · -0.5%
ROA
-0.6%▼
2017 · -0.5%
Debt
€3k▲
2017 · €2k
Debt ≤ 1 year
€1k▲
2017 · €385
A ratio outside any meaningful range has been withheld (balance sheet total €197k, equity €195k).
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 · 2018 against 2017
Balance sheet
Code20172018
Assets
Total assets20/58€198k€197k▼
Fixed assets21/28€2k€2k▼
Intangible fixed assets21€2k€2k▼
Current assets29/58€196k€196k▼
Amounts receivable within one year40/41€72k€72k▲
Cash at bank and in hand54/58€122k€120k▼
Equity and liabilities
Total equity and liabilities10/49€198k€197k▼
Equity10/15€196k€195k▼
Contributions10/11€6k€6k=
Reserves13€241k€241k=
Profit (loss) carried forward14€-51k€-52k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€385€1k▲
Trade debts44€385€1k▲
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€664€332▼
Gross operating margin9900€-2k€-1k▲
Operating profit (loss)9901€-3k€-2k▲
Recurring financial income75€2k€1k▼
Recurring financial charges65€214€168▼
Profit (loss) for the period before taxes9903€-1k€-1k▼
Profit (loss) for the period9904€-1k€-1k▼
Profit (loss) for the period to be appropriated9905€-1k€-1k▼
Timeline · acts, filings and financial milestones
2019
22-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-12
State Gazette act
Merger · Net-asset statement
Power of attorney · Liesbet Degroote
17-10
State Gazette act
Merger · Power of attorney
Accounting effect · Corporate purpose
31-08
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
2015
31-12
Financial
Equity above €150kEq €198k ▲91.8%
2 profitable years in a row build equity to €198k.
06-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 6 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
08-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 8 days late
2012
08-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
28-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
27-07
NBB filing
Annual accounts filed
fiscal year 2009 · 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:ACA PHARMA