BINDER
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 30-06-2017 was due by 31-01-2018 and was filed on 29-11-2017, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2017
63 d early
2016
150 d early
2015
66 d early
2014
73 d early
2013
65 d early
2012
68 d early
2011
60 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, abbreviated schema
Equity
€4.54M▲ 58.5%
2015 · €2.86M
2013: €2.34Mlowest value
2014: €2.66M▲ +13.5% vs 2013
2015: €2.86M▲ +7.6% vs 2014
2017: €4.54Mhighest value
2013 → 2017
Total assets
€9.72M▲ 33.7%
2015 · €7.28M
2013: €7.82M
2014: €7.36M▼ -5.9% vs 2013
2015: €7.28M▼ -1.1% vs 2014lowest value
2017: €9.72Mhighest value
2013 → 2017
Net result
€24k▼ 87.9%
2015 · €203k
2013: €-320klowest value
2014: €317k▲ +199% vs 2013highest value
2015: €203k▼ -36.0% vs 2014
2017: €24k
2013 → 2017
Working capital
€-966k
2015 · €615k
2013: €-238k
2014: €378k▲ +259% vs 2013
2015: €615k▲ +62.4% vs 2014highest value
2017: €-966klowest value
2013 → 2017
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2013201420152017Trend
Equity€2.34M-€2.66M▲ 13.5%€2.86M▲ 7.6%€4.54M▲ 58.5%
2013: €2.34Mlowest value
2014: €2.66M▲ +13.5% vs 2013
2015: €2.86M▲ +7.6% vs 2014
2017: €4.54Mhighest value
Operating result€79k-€297k▲ 275%€417k▲ 40.3%€80k▼ 80.7%
2013: €79klowest value
2014: €297k▲ +275% vs 2013
2015: €417k▲ +40.3% vs 2014highest value
2017: €80k
Net result€-320k-€317k€203k▼ 36.0%€24k▼ 87.9%
2013: €-320klowest value
2014: €317k▲ +199% vs 2013highest value
2015: €203k▼ -36.0% vs 2014
2017: €24k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €80k in 2017, compared with €417k in 2015. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2017 in colour, 2015 as the grey bar beneath
Assets €9.72M
Fixed assets
€9.51M ▲ 49.6%
Current assets
€211k ▼ 76.9%
Equity and liabilities €9.72M
Equity
€4.54M ▲ 58.5%
Provisions
€35k ▼ 86.1%
Debt
€5.15M ▲ 23.9%
Debt's share of the balance-sheet total falls from 57.2% to 53.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€311k▼
2015 · €643k
Cash flow
€255k▼
2015 · €429k
Current ratio
0.18▼
2015 · 3.04
Debt to equity
0.88▼
2015 · 1.29
ROE
0.5%▼
2015 · 7.1%
ROA
0.3%▼
2015 · 2.8%
Debt ≤ 1 year
€1.18M▲
2015 · €301k
Debt > 1 year
€3.98M▲
2015 · €3.70M
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 2015 · 26 lines
Balance sheet
Code20152017
Assets
Total assets20/58€7.28M€9.72M▲
Fixed assets21/28€6.36M€9.51M▲
Tangible fixed assets22/27€5.90M€9.51M▲
Financial fixed assets28€465k-
Current assets29/58€915k€211k▼
Amounts receivable within one year40/41€594k€114k▼
Cash at bank and in hand54/58€319k€70k▼
Equity and liabilities
Total equity and liabilities10/49€7.28M€9.72M▲
Equity10/15€2.86M€4.54M▲
Contributions10/11€744k€744k=
Reserves13€136k€2.89M▲
Profit (loss) carried forward14€1.08M€4k▼
Provisions and deferred taxes16€255k€35k▼
Amounts payable17/49€4.16M€5.15M▲
Amounts payable after more than one year17€3.70M€3.98M▲
Amounts payable within one year42/48€301k€1.18M▲
Trade debts44€1k€176k▲
Income statement
Code20152017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€227k€231k▲
Gross operating margin9900€698k€316k▼
Operating profit (loss)9901€417k€80k▼
Recurring financial income75€9k€0▼
Recurring financial charges65€202k€57k▼
Profit (loss) for the period before taxes9903€241k€23k▼
Income taxes67/77€41k-
Profit (loss) for the period9904€203k€24k▼
Profit (loss) for the period to be appropriated9905€209k€28k▼
Accounts by statement
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €529k | €262k | €227k | €231k | - |
| Gross operating margin9900 | €655k | €612k | €698k | €316k | - |
| Operating profit (loss)9901 | €79k | €297k | €417k | €80k | - |
| Recurring financial income75 | €17k | €10k | €9k | €0 | - |
| Recurring financial charges65 | €218k | €227k | €202k | €57k | - |
| Profit (loss) for the period before taxes9903 | €-535k | €314k | €241k | €23k | - |
| Income taxes67/77 | - | - | €41k | - | - |
| Profit (loss) for the period9904 | €-320k | €317k | €203k | €24k | - |
| Profit (loss) for the period to be appropriated9905 | €97k | €323k | €209k | €28k | - |
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7.82M | €7.36M | €7.28M | €9.72M | - |
| Fixed assets21/28 | €7.06M | €6.62M | €6.36M | €9.51M | - |
| Tangible fixed assets22/27 | €6.59M | €6.15M | €5.90M | €9.51M | - |
| Financial fixed assets28 | €466k | €465k | €465k | - | - |
| Current assets29/58 | €765k | €740k | €915k | €211k | - |
| Amounts receivable within one year40/41 | €576k | €579k | €594k | €114k | - |
| Current investments50/53 | €756 | - | - | - | - |
| Cash at bank and in hand54/58 | €187k | €161k | €319k | €70k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7.82M | €7.36M | €7.28M | €9.72M | - |
| Equity10/15 | €2.34M | €2.66M | €2.86M | €4.54M | - |
| Contributions10/11 | €744k | €744k | €744k | €744k | - |
| Reserves13 | €122k | €132k | €136k | €2.89M | - |
| Profit (loss) carried forward14 | €576k | €884k | €1.08M | €4k | - |
| Provisions and deferred taxes16 | €262k | €258k | €255k | €35k | - |
| Amounts payable17/49 | €5.22M | €4.44M | €4.16M | €5.15M | - |
| Amounts payable after more than one year17 | €4.11M | €3.98M | €3.70M | €3.98M | - |
| Amounts payable within one year42/48 | €1.00M | €361k | €301k | €1.18M | - |
| Trade debts44 | €14k | €7k | €1k | €176k | - |
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-320k | €317k | €203k | €24k | - |
| + Depreciation and write-downs630 | €529k | €262k | €227k | €231k | - |
| Operating cash flow (approximation) | €209k | €579k | €429k | €255k | - |
| Investment in fixed assets (approximation) | - | €175k | €31k | - | - |
| Change in cash | - | €-26k | €159k | - | - |
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
2018
17-01
State Gazette act
General meeting · Merger
Accounting effect · Real estate · Annelies Ghesquière
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
11-10
State Gazette act
Capital · Permanent representative
Merger · Accounting effect
03-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Back to profitnet €317k
Net result €317k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.05
Current ratio from 0.76 to 2.05; short-term debt falls from €1.00M to €361k.
27-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
01-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
24-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
03-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
20-05
NBB filing
Annual accounts filed
fiscal year 2008 · 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.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Ulvenhout Retail Invest Fund