CAAS
Bankruptcy closedFinancials · financial year 2015, abbreviated format
2015 annual accounts filed 66 days after the deadline Filed on 5 October 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-64700409.
Annual accounts 2015 filed on 05-10-2016 PDF all 27 filings
Turnover
≈ €140,000
Estimated: probably between €89,000 and €280,000
Total assets
€61,400▼ 43.7%
2014 · €108,982
Net result
-€26,764▲ 73.0%
2014 · -€99,055
Working capital
-€265,478▼ 5.3%
2014 · -€252,059
Trend over the years
2011 to 2015, 5 financial years 2011 to 2015, 5 financial years
The operating result for 2015 is a loss of €16,481, smaller than the loss of €93,224 in 2014.
Operating result-€16,481
2015
Net result-€26,764
2015
Total assets€61,400
2015
Equity-€658,087
2015
Debt€719,486
2015
Working capital-€265,478
2015
Staff (FTE)1.8
2015
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result€20,338--€42,927-€144,357▼ 236%-€93,224▲ 35.4%-€16,481▲ 82.3%
Net result€12,743--€40,780-€142,400▼ 249%-€99,055▲ 30.4%-€26,764▲ 73.0%
Equity-€349,087--€389,867▼ 11.7%-€532,267▼ 36.5%-€631,322▼ 18.6%-€658,087▼ 4.2%
Total assets€27,686-€77,820▲ 181%€75,860▼ 2.5%€108,982▲ 43.7%€61,400▼ 43.7%
Debt€376,772-€467,687▲ 24.1%€608,127▲ 30.0%€740,304▲ 21.7%€719,486▼ 2.8%
Working capital-€102,190--€149,605▼ 46.4%-€288,138▼ 92.6%-€252,059▲ 12.5%-€265,478▼ 5.3%
Staff (FTE)1-1.2▲ 20.0%2.7▲ 125%2.6▼ 3.7%1.8▼ 30.8%
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
2015 in colour, 2014 as the grey bar beneath
Assets €61,400
Fixed assets
€45,114 ▼ 23.7%
Current assets
€16,286 ▼ 67.3%
Equity and liabilities
Equity-€658,087
Debt€719,486
Equity is negative. Debt (€719,486) exceeds the balance-sheet total (€61,400).
Key figures and ratios
EBITDA
€2,540▲
2014 · -€75,624
Cash flow
-€7,743▲
2014 · -€81,455
Current ratio
0.06▼
2014 · 0.17
ROA
-43.6%▲
2014 · -90.9%
Debt ≤ 1 year
€281,764▼
2014 · €301,898
Debt > 1 year
€437,720▼
2014 · €438,406
Income taxes
€5,892▲
2014 · €4,260
A ratio outside any meaningful range has been withheld (balance sheet total €61,400, equity -€658,087).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €360 | €8,516 | €13,510 | €17,600 | €19,021 | ▲ 8.1% |
| Gross operating margin9900 | €70,228 | €15,464 | €1,772 | €67,442 | €51,901 | ▼ 23.0% |
| Operating profit (loss)9901 | €20,338 | -€42,927 | -€144,357 | -€93,224 | -€16,481 | ▲ 82.3% |
| Recurring financial income75 | €16 | €5 | €16 | €1 | €40 | ▲ 39× |
| Recurring financial charges65 | €42 | €84 | €1,125 | €1,572 | €4,431 | ▲ 182% |
| Profit (loss) for the period before taxes9903 | €20,312 | -€36,424 | -€138,266 | -€94,795 | -€20,872 | ▲ 78.0% |
| Income taxes67/77 | €7,569 | €4,356 | €4,134 | €4,260 | €5,892 | ▲ 38.3% |
| Profit (loss) for the period9904 | €12,743 | -€40,780 | -€142,400 | -€99,055 | -€26,764 | ▲ 73.0% |
| Profit (loss) for the period to be appropriated9905 | €12,743 | -€40,780 | -€142,400 | -€99,055 | -€26,764 | ▲ 73.0% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,686 | €77,820 | €75,860 | €108,982 | €61,400 | ▼ 43.7% |
| Fixed assets21/28 | €2,970 | €42,505 | €56,291 | €59,143 | €45,114 | ▼ 23.7% |
| Intangible fixed assets21 | - | - | - | €40,848 | €30,974 | ▼ 24.2% |
| Tangible fixed assets22/27 | €825 | €34,505 | €47,686 | €9,689 | €5,533 | ▼ 42.9% |
| Financial fixed assets28 | €2,145 | €8,000 | €8,605 | €8,606 | €8,607 | = |
| Current assets29/58 | €24,716 | €35,315 | €19,568 | €49,839 | €16,286 | ▼ 67.3% |
| Amounts receivable within one year40/41 | €20,600 | €24,537 | €15,891 | €47,313 | €14,541 | ▼ 69.3% |
| Cash at bank and in hand54/58 | €2,736 | €1,970 | €1,482 | €877 | €1,524 | ▲ 73.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,686 | €77,820 | €75,860 | €108,982 | €61,400 | ▼ 43.7% |
| Equity10/15 | -€349,087 | -€389,867 | -€532,267 | -€631,322 | -€658,087 | ▼ 4.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €3,223 | €3,223 | €3,223 | €3,223 | €3,223 | = |
| Profit (loss) carried forward14 | -€414,309 | -€455,090 | -€597,490 | -€696,545 | -€723,309 | ▼ 3.8% |
| Amounts payable17/49 | €376,772 | €467,687 | €608,127 | €740,304 | €719,486 | ▼ 2.8% |
| Amounts payable after more than one year17 | €249,000 | €281,900 | €300,400 | €438,406 | €437,720 | ▼ 0.2% |
| Amounts payable within one year42/48 | €126,906 | €184,920 | €307,707 | €301,898 | €281,764 | ▼ 6.7% |
| Trade debts44 | €8,941 | €36,376 | €50,587 | €44,223 | €50,676 | ▲ 14.6% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,743 | -€40,780 | -€142,400 | -€99,055 | -€26,764 | ▲ 73.0% |
| + Depreciation and write-downs630 | €360 | €8,516 | €13,510 | €17,600 | €19,021 | ▲ 8.1% |
| Operating cash flow (approximation) | €13,103 | -€32,264 | -€128,891 | -€81,455 | -€7,743 | ▲ 90.5% |
| Investment in fixed assets (approximation) | - | -€48,052 | -€27,296 | -€20,451 | -€4,991 | ▲ 75.6% |
| Change in cash | - | -€766 | -€488 | -€605 | €647 | - |
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 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2015 | abbreviated format | 05-10-2016 | 2016-64700409 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-52800356 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-52400399 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-54600288 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-49500326 | |
| 31-12-2010 | abbreviated format | 08-09-2011 | 2011-53800547 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-46300252 | |
| 31-12-2008 | abbreviated format | 30-08-2009 | 2009-66800228 | |
| 31-12-2007 | abbreviated format | 31-08-2008 | 2008-67400016 | |
| 31-12-2006 | abbreviated format | 24-08-2007 | 2007-59500132 |