BELREAL
InactiveInactive; last annual accounts for fiscal year 2014.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2014. Since then, 11 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2015 close31-07-2016 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 12-05-2015, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
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)
Financials · fiscal year 2014, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72k▼ 46.9%
2013 · €136k
2010: €-48klowest in 5 years
2011: €550k▲ +1239% vs 2010highest in 5 years
2012: €359k▼ -34.8% vs 2011
2013: €136k▼ -62.1% vs 2012
2014: €72k▼ -46.9% vs 2013
2010 → 2014
Working capital
€-299k▲ 3.4%
2013 · €-310k
2010: €-671k
2011: €-1.01M▼ -49.9% vs 2010
2012: €-1.96M▼ -95.0% vs 2011lowest in 5 years
2013: €-310k▲ +84.2% vs 2012
2014: €-299k▲ +3.4% vs 2013highest in 5 years
2010 → 2014
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20102011201220132014Trend
Equity€6.50M-€7.05M▲ 8.5%€7.41M▲ 5.1%€7.54M▲ 1.8%€7.61M▲ 1.0%
2010: €6.50Mlowest in 5 years
2011: €7.05M▲ +8.5% vs 2010
2012: €7.41M▲ +5.1% vs 2011
2013: €7.54M▲ +1.8% vs 2012
2014: €7.61M▲ +1.0% vs 2013highest in 5 years
Operating result€776k-€837k▲ 7.8%€868k▲ 3.8%€945k▲ 8.8%€879k▼ 7.0%
2010: €776klowest in 5 years
2011: €837k▲ +7.8% vs 2010
2012: €868k▲ +3.8% vs 2011
2013: €945k▲ +8.8% vs 2012highest in 5 years
2014: €879k▼ -7.0% vs 2013
Net result€-48k-€550k€359k▼ 34.8%€136k▼ 62.1%€72k▼ 46.9%
2010: €-48klowest in 5 years
2011: €550k▲ +1239% vs 2010highest in 5 years
2012: €359k▼ -34.8% vs 2011
2013: €136k▼ -62.1% vs 2012
2014: €72k▼ -46.9% vs 2013
Result per fiscal year
Operating resultNet result
The operating result falls in 2014; 2014 is 7% below 2013.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €27.35M
Fixed assets
€27.29M ▼ 0.2%
Current assets
€64k ▲ 30.6%
Equity and liabilities €27.35M
Equity
€7.61M ▲ 1.0%
Provisions
€1.36M ▲ 16.4%
Debt
€18.38M ▼ 1.6%
Debt's share of the balance-sheet total falls from 68.2% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.02M▼
2013 · €1.08M
Cash flow
€210k▼
2013 · €274k
Current ratio
0.18▲
2013 · 0.14
Debt to equity
2.29▼
2013 · 2.35
ROE
0.9%▼
2013 · 1.8%
ROA
0.3%▼
2013 · 0.5%
Interest coverage
1.33▼
2013 · 1.41
Debt ≤ 1 year
€363k▲
2013 · €359k
Debt > 1 year
€17.45M▼
2013 · €17.75M
Income taxes
€41k▲
2013 · €40k
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 · 2014 against 2013 · 26 lines
Balance sheet
Code20132014
Assets
Total assets20/58€27.38M€27.35M▼
Fixed assets21/28€27.33M€27.29M▼
Tangible fixed assets22/27€1.80M€1.76M▼
Financial fixed assets28€25.53M€25.53M=
Current assets29/58€49k€64k▲
Amounts receivable within one year40/41€313€9k▲
Cash at bank and in hand54/58€38k€54k▲
Equity and liabilities
Total equity and liabilities10/49€27.38M€27.35M▼
Equity10/15€7.54M€7.61M▲
Contributions10/11€744k€744k=
Reserves13€376k€374k▼
Profit (loss) carried forward14€6.42M€6.50M▲
Provisions and deferred taxes16€1.17M€1.36M▲
Amounts payable17/49€18.67M€18.38M▼
Amounts payable after more than one year17€17.75M€17.45M▼
Amounts payable within one year42/48€359k€363k▲
Trade debts44€19k€60k▲
Income statement
Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€137k▼
Operating profit (loss)9901€945k€879k▼
Recurring financial income75€153€64▼
Recurring financial charges65€770k€766k▼
Debt charges650€770k€766k▼
Profit (loss) for the period before taxes9903€175k€112k▼
Income taxes67/77€40k€41k▲
Profit (loss) for the period9904€136k€72k▼
Profit (loss) for the period to be appropriated9905€139k€75k▼
Accounts by statement
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €180k | €160k | €142k | €138k | €137k | ▼ 0.6% |
| Operating profit (loss)9901 | €776k | €837k | €868k | €945k | €879k | ▼ 7.0% |
| Recurring financial income75 | €2k | €568k | €303k | €153 | €64 | ▼ 58.1% |
| Recurring financial charges65 | €828k | €856k | €813k | €770k | €766k | ▼ 0.6% |
| Debt charges650 | €827k | €856k | €813k | €770k | €766k | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €-50k | €549k | €358k | €175k | €112k | ▼ 35.7% |
| Income taxes67/77 | - | - | €280 | €40k | €41k | ▲ 4.0% |
| Profit (loss) for the period9904 | €-48k | €550k | €359k | €136k | €72k | ▼ 46.9% |
| Profit (loss) for the period to be appropriated9905 | €-46k | €553k | €362k | €139k | €75k | ▼ 46.0% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26.53M | €27.43M | €27.43M | €27.38M | €27.35M | ▼ 0.1% |
| Fixed assets21/28 | €26.32M | €27.21M | €27.37M | €27.33M | €27.29M | ▼ 0.2% |
| Tangible fixed assets22/27 | €1.79M | €1.68M | €1.84M | €1.80M | €1.76M | ▼ 2.4% |
| Financial fixed assets28 | €24.53M | €25.53M | €25.53M | €25.53M | €25.53M | = |
| Current assets29/58 | €206k | €219k | €57k | €49k | €64k | ▲ 30.6% |
| Amounts receivable within one year40/41 | €657 | €684 | €313 | €313 | €9k | ▲ 2,653% |
| Cash at bank and in hand54/58 | €174k | €188k | €46k | €38k | €54k | ▲ 43.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26.53M | €27.43M | €27.43M | €27.38M | €27.35M | ▼ 0.1% |
| Equity10/15 | €6.50M | €7.05M | €7.41M | €7.54M | €7.61M | ▲ 1.0% |
| Contributions10/11 | €744k | €744k | €744k | €744k | €744k | = |
| Reserves13 | €385k | €382k | €379k | €376k | €374k | ▼ 0.7% |
| Profit (loss) carried forward14 | €5.37M | €5.92M | €6.28M | €6.42M | €6.50M | ▲ 1.2% |
| Provisions and deferred taxes16 | €593k | €785k | €977k | €1.17M | €1.36M | ▲ 16.4% |
| Amounts payable17/49 | €19.44M | €19.60M | €19.04M | €18.67M | €18.38M | ▼ 1.6% |
| Amounts payable after more than one year17 | €18.37M | €18.35M | €16.35M | €17.75M | €17.45M | ▼ 1.7% |
| Amounts payable within one year42/48 | €877k | €1.22M | €2.02M | €359k | €363k | ▲ 1.2% |
| Trade debts44 | €70k | €19k | €19k | €19k | €60k | ▲ 218% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-48k | €550k | €359k | €136k | €72k | ▼ 46.9% |
| + Depreciation and write-downs630 | €180k | €160k | €142k | €138k | €137k | ▼ 0.6% |
| Operating cash flow (approximation) | €132k | €710k | €501k | €274k | €210k | ▼ 23.6% |
| Investment in fixed assets (approximation) | - | €-1.05M | €-298k | €-99k | €-94k | ▲ 5.7% |
| Change in cash | - | €13k | €-142k | €-8k | €17k | ▲ 314% |
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
2015
25-06
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
12-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
21-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-05
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial
Back to profitnet €550k
Net result €550k after one loss-making year.
27-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
25-05
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
26-05
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
02-06
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
30-05
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
24-05
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
2 transactionsTook over:EIKELENBERG NV
Taken over by:DE EIK