BOFRESH
Open bankruptcyFinancials · financial year 2017, abbreviated format
2017 annual accounts filed late (9 days) Filed on 9 August 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-44200313.
Equity
€30,789▲ 5.5%
2016 · €29,180
Total assets
€930,217▲ 17.9%
2016 · €788,794
Net result
€1,609▲ 978%
2016 · €149
Working capital
€39,984▲ 49.8%
2016 · €26,688
Trend over the years
2014 to 2017, 4 financial years 2014 to 2017, 4 financial years
The operating result recovers in 2017; 2017 is 1% above 2016.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€15,930
2017
Net result€1,609
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€930,217
2017
Equity€30,789
2017
Debt€899,429
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€39,984
2017
Average staff in full-time equivalents (FTE).
Staff (FTE)4.1
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
Line2014201520162017
Operating result€37,014-€86,283▲ 133%€15,805▼ 81.7%€15,930▲ 0.8%
Net result€176-€502▲ 184%€149▼ 70.2%€1,609▲ 978%
Equity€28,529-€29,030▲ 1.8%€29,180▲ 0.5%€30,789▲ 5.5%
Total assets€554,607-€842,018▲ 51.8%€788,794▼ 6.3%€930,217▲ 17.9%
Debt€526,078-€812,987▲ 54.5%€759,614▼ 6.6%€899,429▲ 18.4%
Working capital-€39,668-€5,135€26,688▲ 420%€39,984▲ 49.8%
Staff (FTE)3.3-4.5▲ 36.4%3.9▼ 13.3%4.1▲ 5.1%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €930,217
Fixed assets
€107,584 ▼ 27.4%
Current assets
€822,633 ▲ 28.4%
Equity and liabilities €930,217
Equity
€30,789 ▲ 5.5%
Debt
€899,429 ▲ 18.4%
Debt's share of the balance-sheet total rises from 96.3% to 96.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57,211▼
2016 · €66,936
Cash flow
€42,890▼
2016 · €51,280
Current ratio
1.05▲
2016 · 1.04
Quick ratio
0.86▲
2016 · 0.79
Debt to equity
3.79▼
2016 · 4.99
ROE
5.2%▲
2016 · 0.5%
ROA
0.2%▲
2016 · 0.0%
Debt ≤ 1 year
€782,649▲
2016 · €613,928
Debt > 1 year
€116,780▼
2016 · €145,686
Income taxes
€930▼
2016 · €3,921
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,002 | €50,978 | €51,131 | €41,281 | ▼ 19.3% |
| Gross operating margin9900 | €250,669 | €272,830 | €153,218 | €155,326 | ▲ 1.4% |
| Operating profit (loss)9901 | €37,014 | €86,283 | €15,805 | €15,930 | ▲ 0.8% |
| Recurring financial income75 | - | - | €3 | €248 | ▲ 93× |
| Recurring financial charges65 | €29,784 | €20,530 | €11,737 | €13,639 | ▲ 16.2% |
| Profit (loss) for the period before taxes9903 | €7,229 | -€820 | €4,071 | €2,539 | ▼ 37.6% |
| Income taxes67/77 | €7,053 | -€1,322 | €3,921 | €930 | ▼ 76.3% |
| Profit (loss) for the period9904 | €176 | €502 | €149 | €1,609 | ▲ 978% |
| Profit (loss) for the period to be appropriated9905 | €176 | €502 | €149 | €1,609 | ▲ 978% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €554,607 | €842,018 | €788,794 | €930,217 | ▲ 17.9% |
| Fixed assets21/28 | €247,429 | €196,451 | €148,178 | €107,584 | ▼ 27.4% |
| Intangible fixed assets21 | €7,496 | €4,496 | €1,488 | - | - |
| Tangible fixed assets22/27 | €236,733 | €188,755 | €143,490 | €103,341 | ▼ 28.0% |
| Financial fixed assets28 | €3,200 | €3,200 | €3,200 | €4,243 | ▲ 32.6% |
| Current assets29/58 | €307,178 | €645,566 | €640,616 | €822,633 | ▲ 28.4% |
| Stocks and contracts in progress3 | €159,397 | €153,670 | €152,950 | €151,995 | ▼ 0.6% |
| Amounts receivable within one year40/41 | €48,500 | €393,277 | €398,264 | €570,706 | ▲ 43.3% |
| Cash at bank and in hand54/58 | €83,686 | €80,038 | €67,775 | €78,251 | ▲ 15.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €554,607 | €842,018 | €788,794 | €930,217 | ▲ 17.9% |
| Equity10/15 | €28,529 | €29,030 | €29,180 | €30,789 | ▲ 5.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €9,929 | €10,430 | €10,580 | €12,189 | ▲ 15.2% |
| Amounts payable17/49 | €526,078 | €812,987 | €759,614 | €899,429 | ▲ 18.4% |
| Amounts payable after more than one year17 | €179,232 | €172,555 | €145,686 | €116,780 | ▼ 19.8% |
| Amounts payable within one year42/48 | €346,846 | €640,432 | €613,928 | €782,649 | ▲ 27.5% |
| Trade debts44 | - | - | €76,000 | €27,970 | ▼ 63.2% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €176 | €502 | €149 | €1,609 | ▲ 978% |
| + Depreciation and write-downs630 | €44,002 | €50,978 | €51,131 | €41,281 | ▼ 19.3% |
| Operating cash flow (approximation) | €44,178 | €51,479 | €51,280 | €42,890 | ▼ 16.4% |
| Investment in fixed assets (approximation) | - | €0 | -€2,858 | -€687 | ▲ 76.0% |
| Change in cash | - | -€3,647 | -€12,263 | €10,476 | - |
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 (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2017 | abbreviated format | 09-08-2018 | 2018-44200313 |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-34700290 |
| 31-12-2015 | abbreviated format | 19-08-2016 | 2016-43700149 |
| 31-12-2014 | abbreviated format | 13-08-2015 | 2015-41900206 |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-50100174 |
| 31-12-2012 | abbreviated format | 26-07-2013 | 2013-34700460 |
| 31-12-2011 | abbreviated format | 19-06-2012 | 2012-18000204 |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-52400311 |
| 31-12-2009 | abbreviated format | 10-08-2010 | 2010-39800575 |
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Of the 10,325 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,946. 4,494 are within a factor 10 of this equity. 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.