BLUMER
InactiveFinancials · financial year 2017, abbreviated format
Annual accounts 2017 filed on 29-06-2018 PDF all 41 filings
Turnover
≈ €320,000
Estimated: probably between €200,000 and €610,000
Total assets
€23.8m▲ 10.9%
2016 · €21.4m
Net result
€29,433▼ 48.6%
2016 · €57,215
Working capital
€7.4m▲ 34.9%
2016 · €5.5m
Multi-year overview
2013 to 2017, 5 financial yearsOperating result
-€110,749
▼ 133%
2017
20132017
Net result
€29,433
▼ 48.6%
2017
20132017
Equity
€4.4m
▲ 0.7%
2017
20132017
Total assets
€23.8m
▲ 10.9%
2017
20132017
Debt
€19.4m
▲ 13.5%
2017
20132017
Working capital
€7.4m
▲ 34.9%
2017
20132017
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Operating result€0.1m-€0.04m▼ 71.6%€0.2m▲ 303%-€0.05m-€0.1m▼ 133%
Net result€1.2m-€0.02m▼ 98.5%€1.4m▲ 75×€0.06m▼ 95.9%€0.03m▼ 48.6%
Equity€2.9m-€2.9m▲ 0.6%€4.3m▲ 48.3%€4.4m▲ 1.3%€4.4m▲ 0.7%
Total assets€13.1m-€20.5m▲ 56.7%€17.6m▼ 14.1%€21.4m▲ 22.0%€23.8m▲ 10.9%
Debt€10.2m-€17.5m▲ 72.6%€13.3m▼ 24.5%€17.1m▲ 28.7%€19.4m▲ 13.5%
Working capital-€4.8m--€9.5m▼ 96.5%€4.3m€5.5m▲ 29.0%€7.4m▲ 34.9%
The operating result for 2017 is a loss of €110,749, larger than the loss of €47,590 in 2016. It is the lowest result since 2013.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €23.8m
Fixed assets
€4.9m ▲ 9.5%
Current assets
€18.9m ▲ 11.2%
Equity and liabilities €23.8m
Equity
€4.4m ▲ 0.7%
Debt
€19.4m ▲ 13.5%
Debt's share of the balance-sheet total rises from 79.6% to 81.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111,904▼
2016 · €141,999
Cash flow
€252,086▲
2016 · €246,803
Current ratio
1.65▲
2016 · 1.48
Debt to equity
1.74▲
2016 · 1.24
ROE
0.7%▼
2016 · 1.3%
ROA
0.1%▼
2016 · 0.3%
Debt ≤ 1 year
€11.4m▼
2016 · €11.4m
Debt > 1 year
€7.7m▲
2016 · €5.4m
Income taxes
€11,929▲
2016 · €5,616
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 17.4% |
| Gross operating margin9900 | €0.3m | €0.3m | €0.4m | €0.4m | €0.1m | ▼ 63.9% |
| Operating profit (loss)9901 | €0.1m | €0.04m | €0.2m | -€0.05m | -€0.1m | ▼ 133% |
| Recurring financial income75 | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▼ 2.2% |
| Recurring financial charges65 | €0.3m | €0.2m | €0.4m | €0.3m | €0.2m | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €1.2m | €0.02m | €1.4m | €0.06m | €0.04m | ▼ 34.2% |
| Income taxes67/77 | €0.005m | €0.004m | €0.02m | €0.006m | €0.01m | ▲ 112% |
| Profit (loss) for the period9904 | €1.2m | €0.02m | €1.4m | €0.06m | €0.03m | ▼ 48.6% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €0.02m | €1.4m | €0.06m | €0.03m | ▼ 48.6% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.1m | €20.5m | €17.6m | €21.4m | €23.8m | ▲ 10.9% |
| Fixed assets21/28 | €10.3m | €18.3m | €4.6m | €4.5m | €4.9m | ▲ 9.5% |
| Tangible fixed assets22/27 | €5.0m | €4.8m | €4.6m | €4.5m | €4.9m | ▲ 9.5% |
| Financial fixed assets28 | €5.3m | €13.5m | - | - | - | - |
| Current assets29/58 | €2.7m | €2.1m | €13.0m | €17.0m | €18.9m | ▲ 11.2% |
| Amounts receivable within one year40/41 | €2.7m | €2.1m | €12.9m | €16.9m | €18.7m | ▲ 10.5% |
| Cash at bank and in hand54/58 | €0.06m | €0.04m | €0.03m | €0.02m | €0.05m | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.1m | €20.5m | €17.6m | €21.4m | €23.8m | ▲ 10.9% |
| Equity10/15 | €2.9m | €2.9m | €4.3m | €4.4m | €4.4m | ▲ 0.7% |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €2.2m | €2.2m | €3.6m | €3.6m | €3.7m | ▲ 0.8% |
| Amounts payable17/49 | €10.2m | €17.5m | €13.3m | €17.1m | €19.4m | ▲ 13.5% |
| Amounts payable after more than one year17 | €2.6m | €5.7m | €4.3m | €5.4m | €7.7m | ▲ 41.8% |
| Amounts payable within one year42/48 | €7.6m | €11.6m | €8.7m | €11.4m | €11.4m | ▼ 0.2% |
| Trade debts44 | €0.05m | €0.03m | €0.08m | €0.002m | €0.05m | ▲ 23× |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €0.02m | €1.4m | €0.06m | €0.03m | ▼ 48.6% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 17.4% |
| Operating cash flow (approximation) | €1.4m | €0.2m | €1.6m | €0.2m | €0.3m | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | -€8.2m | €13.5m | -€0.05m | -€0.6m | ▼ 1,170% |
| Change in cash | - | -€0.02m | -€0.009m | -€0.003m | €0.03m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-26300412 | |
| 31-12-2016 | abbreviated format | 06-07-2017 | 2017-28500388 | |
| 31-12-2015 | abbreviated format | 08-08-2016 | 2016-40700062 | |
| 31-12-2014 | abbreviated format | 17-07-2015 | 2015-31600384 | |
| 31-12-2013 | abbreviated format | 14-08-2014 | 2014-42200337 | |
| 31-12-2012 | abbreviated format | 23-07-2013 | 2013-33500237 | |
| 31-12-2011 | abbreviated format | 18-07-2012 | 2012-30700369 | |
| 31-12-2010 | abbreviated format | 07-07-2011 | 2011-26800275 | |
| 31-12-2009 | abbreviated format | 20-07-2010 | 2010-32300437 | |
| 31-12-2008 | abbreviated format | 24-07-2009 | 2009-47100122 |