BFOCUST
Open bankruptcyFinancials · financial year 2017, micro format
2017 annual accounts filed late (59 days) Filed on 28 September 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-65500357.
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2016 · €0
Total assets
€323,100▼ 7.4%
2016 · €349,052
Net result
-€232,837▼ 4,671%
2016 · -€4,880
Working capital
-€195,617
2016 · €39,829
Trend over the years
2013 to 2017, 5 financial years 2013 to 2017, 5 financial years
The operating result turns negative in 2017: a loss of €229,940 after €2,407 in 2016, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0
2017
Operating result-€229,940
2017
Net result-€232,837
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€323,100
2017
Equity-€177,973
2017
Debt€501,073
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€195,617
2017
Average staff in full-time equivalents (FTE).
Staff (FTE)2.6
2017
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Turnover€0€0
Operating result€11,773-€50,253▲ 327%€5,060▼ 89.9%€2,407▼ 52.4%-€229,940
Net result€11,302-€33,021▲ 192%€1,179▼ 96.4%-€4,880-€232,837▼ 4,671%
Equity€25,544-€58,565▲ 129%€59,744▲ 2.0%€54,864▼ 8.2%-€177,973
Total assets€29,038-€169,071▲ 482%€183,510▲ 8.5%€349,052▲ 90.2%€323,100▼ 7.4%
Debt€3,494-€110,506▲ 32×€123,766▲ 12.0%€294,188▲ 138%€501,073▲ 70.3%
Working capital€25,427-€51,786▲ 104%€21,586▼ 58.3%€39,829▲ 84.5%-€195,617
Staff (FTE)2.12.7▲ 28.6%2.6
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €323,100
Fixed assets
€17,644 ▼ 45.2%
Current assets
€305,456 ▼ 3.6%
Equity and liabilities
Equity-€177,973
Debt€501,073
Equity is negative: debt (€501,073) exceeds the balance-sheet total (€323,100).
Key figures and ratios
EBITDA
-€222,545▼
2016 · €13,470
Cash flow
-€225,441▼
2016 · €6,183
Solvency
-55.1%▼
2016 · 15.7%
Current ratio
0.61▼
2016 · 1.14
ROA
-72.1%▼
2016 · -1.4%
Debt ≤ 1 year
€501,073▲
2016 · €277,003
Income taxes
€1,535▼
2016 · €5,561
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €176 | €1,712 | €9,938 | €11,063 | €7,395 | ▼ 33.2% |
| Gross operating margin9900 | €12,387 | €145,940 | €165,008 | €248,125 | -€46,821 | - |
| Operating profit (loss)9901 | €11,773 | €50,253 | €5,060 | €2,407 | -€229,940 | - |
| Recurring financial income75 | €1,415 | €3,255 | €8,259 | €10,888 | €9,919 | ▼ 8.9% |
| Recurring financial charges65 | €0 | €159 | €6,620 | €12,614 | €11,279 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €13,188 | €53,399 | €6,699 | €681 | -€231,301 | - |
| Income taxes67/77 | €1,886 | €20,378 | €5,520 | €5,561 | €1,535 | ▼ 72.4% |
| Profit (loss) for the period9904 | €11,302 | €33,021 | €1,179 | -€4,880 | -€232,837 | ▼ 4,671% |
| Profit (loss) for the period to be appropriated9905 | €11,302 | €33,021 | €1,179 | -€4,880 | -€232,837 | ▼ 4,671% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,038 | €169,071 | €183,510 | €349,052 | €323,100 | ▼ 7.4% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €117 | €6,779 | €38,158 | €32,220 | €17,644 | ▼ 45.2% |
| Intangible fixed assets21 | €117 | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | - | €6,379 | €38,158 | €31,790 | €13,144 | ▼ 58.7% |
| Financial fixed assets28 | - | €400 | - | €430 | €4,500 | ▲ 947% |
| Current assets29/58 | €28,921 | €162,293 | €145,352 | €316,832 | €305,456 | ▼ 3.6% |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €28,080 | €57,261 | €135,289 | €289,000 | €283,309 | ▼ 2.0% |
| Current investments50/53 | - | - | - | €0 | €0 | - |
| Cash at bank and in hand54/58 | €841 | €42,563 | €10,063 | €26,582 | €21,054 | ▼ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,038 | €169,071 | €183,510 | €349,052 | €323,100 | ▼ 7.4% |
| Equity10/15 | €25,544 | €58,565 | €59,744 | €54,864 | -€177,973 | - |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €5,544 | €38,565 | €38,565 | €34,864 | €2,000 | ▼ 94.3% |
| Profit (loss) carried forward14 | - | - | €1,179 | €0 | -€199,973 | - |
| Amounts payable17/49 | €3,494 | €110,506 | €123,766 | €294,188 | €501,073 | ▲ 70.3% |
| Amounts payable within one year42/48 | €3,494 | €110,506 | €123,766 | €277,003 | €501,073 | ▲ 80.9% |
| Trade debts44 | €1,608 | €48,518 | €63,651 | €203,155 | €173,022 | ▼ 14.8% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,302 | €33,021 | €1,179 | -€4,880 | -€232,837 | ▼ 4,671% |
| + Depreciation and write-downs630 | €176 | €1,712 | €9,938 | €11,063 | €7,395 | ▼ 33.2% |
| Operating cash flow (approximation) | €11,477 | €34,733 | €11,118 | €6,183 | -€225,441 | - |
| Investment in fixed assets (approximation) | - | -€8,374 | -€41,318 | -€5,124 | €7,180 | - |
| Change in cash | - | €41,722 | -€32,500 | €16,518 | -€5,528 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2017 | micro format | 28-09-2018 | 2018-65500357 |
| 31-12-2016 | micro format | 02-08-2017 | 2017-39600515 |
| 31-12-2015 | abbreviated format | 19-07-2016 | 2016-34400326 |
| 31-12-2014 | abbreviated format | 27-07-2015 | 2015-35600467 |
| 31-12-2013 | abbreviated format | 04-08-2014 | 2014-39400472 |
| 31-12-2012 | abbreviated format | 16-10-2013 | 2013-63400263 |
| 31-12-2011 | abbreviated format | 19-06-2012 | 2012-18700435 |
| 31-12-2010 | abbreviated format | 04-08-2011 | 2011-38200278 |
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Of the 1,111 active companies whose main activity is agents in the wholesale of timber and building materials (NACE 46130), figures are known for 661. 127 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.