Equity
Equity fell below zero in 2016.
Trustee: Elisabeth Vanbergen. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Equity fell below zero in 2016.
Of this, €1.0m falls due within a year.
Ten of the last ten came late. The 2015 accounts came latest: 407 days after the end of the period.
Equity fell from €294,610 in 2010 to -€27,857 in 2016.
On 11 June 2019 the court declared CAB-CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
Total assets20/58 |
2.4m | 2.6m | 2.7m | 3.0m | 3.6m | 4.0m | 3.1m | 2.5m | 2.5m | 2.2m | |
Formation expenses20 |
56,599 | 92,242 | 124,301 | 23,105 | 30,806 | - | - | - | - | - | |
Fixed assets21/28 |
- | 1.5m | 1.8m | 1.9m | 2.2m | 2.3m | 1.3m | 856,508 | 766,572 | 768,935 | |
Intangible fixed assets21 |
- | 0 | 0 | - | - | 171 | 8 | 2,047 | 11,144 | 11,433 | |
Tangible fixed assets22/27 |
1.2m | 1.4m | 1.7m | 1.9m | 2.2m | 2.3m | 1.3m | 854,061 | 755,028 | 757,502 | |
Land and buildings22 |
1.2m | 1.3m | 1.6m | 1.8m | 2.0m | 2.1m | 1.1m | 628,206 | 665,667 | 617,741 | |
Plant, machinery and equipment23 |
1,947 | 12,734 | 35,772 | 55,846 | 91,212 | 126,354 | 116,281 | 144,964 | 19,432 | 15,908 | |
Furniture and vehicles24 |
- | 16,204 | 270 | 3,583 | 37,561 | 65,340 | 97,488 | 74,030 | 59,637 | 105,122 | |
Other tangible fixed assets26 |
- | - | 0 | - | - | - | - | - | - | - | |
Assets under construction and advance payments27 |
- | - | 0 | - | - | - | - | - | - | - | |
Financial fixed assets28 |
478 | 478 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | - | |
Current assets29/58 |
1.1m | 1.2m | 910,176 | 1.1m | 1.4m | 1.7m | 1.8m | 1.7m | 1.7m | 1.5m | |
Trade receivables290 |
- | - | 0 | - | - | - | - | - | - | - | |
Other amounts receivable291 |
- | - | 0 | - | - | - | - | - | - | - | |
Stocks and contracts in progress3 |
74,125 | 74,142 | 203,240 | 292,436 | 490,837 | 387,092 | 294,030 | 86,706 | 364,068 | 232,374 | |
Stocks30/36 |
74,125 | 74,142 | 203,240 | 202,268 | 219,755 | - | - | - | - | - | |
Contracts in progress37 |
- | - | 0 | 90,169 | 271,082 | 387,092 | 294,030 | 86,706 | 364,068 | 232,374 | |
Amounts receivable within one year40/41 |
950,003 | 1.1m | 680,016 | 791,347 | 814,831 | 1.2m | 1.1m | 1.3m | 1.3m | 1.0m | |
Trade receivables40 |
855,496 | 1.0m | 600,144 | 757,078 | 746,510 | 1.1m | 1.0m | 1.1m | 1.0m | 837,468 | |
Other amounts receivable41 |
94,507 | 72,444 | 79,872 | 34,269 | 68,320 | 67,229 | 125,754 | 126,020 | 225,249 | 199,054 | |
Current investments50/53 |
- | - | 0 | - | - | - | - | - | - | - | |
Cash at bank and in hand54/58 |
3,032 | 25 | 18,347 | 162 | 91,665 | 86,522 | 398,770 | 300,633 | 103,225 | 188,771 | |
Deferred charges and accrued income490/1 |
81,175 | 8,272 | 8,573 | 3,449 | 20,942 | 2,562 | 8,269 | 535 | 37 | - | |
| Balance sheet: equity and liabilities | |||||||||||
Total equity and liabilities10/49 |
2.4m | 2.6m | 2.7m | 3.0m | 3.6m | 4.0m | 3.1m | 2.5m | 2.5m | 2.2m | |
Equity10/15 |
-27,857 | 184,412 | 284,833 | -124,880 | 148,050 | 150,690 | 294,610 | 249,040 | 215,271 | 85,494 | |
Contributions10/11 |
- | 461,472 | 461,472 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
Capital10 |
461,472 | - | - | - | - | - | - | - | - | - | |
Issued capital100 |
524,472 | 524,472 | 524,472 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | |
Uncalled capital101 |
63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | |
Contributions outside capital11 |
- | - | 0 | - | - | - | - | - | - | - | |
Share premium1100/10 |
- | - | 0 | - | - | - | - | - | - | - | |
Revaluation surpluses12 |
- | - | 0 | - | - | - | - | - | - | - | |
Reserves13 |
276,301 | 276,300 | 276,300 | 72,501 | 72,501 | 73,205 | 215,189 | 187,040 | 153,271 | 23,494 | |
Legal reserve130 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
Own shares acquired1312 |
- | - | 0 | - | - | - | - | - | - | - | |
Other1319 |
- | - | 0 | - | - | - | - | - | - | - | |
Tax-exempt reserves132 |
203,800 | 203,799 | 203,799 | - | - | - | - | - | - | - | |
Distributable reserves133 |
60,001 | 60,001 | 60,001 | 60,001 | 60,001 | 60,705 | 202,689 | 174,540 | 140,771 | 10,994 | |
Profit (loss) carried forward14 |
-765,630 | -553,360 | -452,939 | -259,381 | - | - | - | - | - | - | |
Investment grants15 |
- | - | 0 | - | 13,550 | 15,485 | 17,421 | - | - | - | |
Advance to shareholders on the distribution of net assets19 |
- | - | 0 | - | - | - | - | - | - | - | |
Provisions for liabilities and charges160/5 |
- | - | 0 | - | - | - | - | - | - | - | |
Deferred taxes168 |
- | - | 0 | - | - | - | - | - | - | - | |
Amounts payable17/49 |
2.4m | 2.4m | 2.4m | 3.1m | 3.5m | 3.8m | 2.8m | 2.3m | 2.3m | 2.1m | |
Amounts payable after more than one year17 |
1.3m | 1.3m | 1.4m | 1.2m | 1.3m | 1.2m | 452,677 | 523,281 | 467,640 | 538,967 | |
Financial debts170/4 |
1.3m | 1.3m | 1.4m | 1.2m | 1.3m | 1.2m | 452,677 | 523,281 | 467,640 | 538,967 | |
Trade debts175 |
- | - | 0 | - | - | - | - | - | - | - | |
Advances received on contracts in progress176 |
- | - | 0 | - | - | - | - | - | - | - | |
Other amounts payable178/9 |
- | - | 0 | - | - | - | - | - | - | - | |
Amounts payable within one year42/48 |
1.0m | 1.1m | 1.0m | 2.0m | 2.1m | 2.6m | 2.4m | 1.7m | 1.8m | 1.6m | |
Current portion of amounts payable after more than one year42 |
116,318 | 116,318 | 84,773 | 190,151 | 203,770 | 192,877 | 112,275 | 83,025 | 88,410 | 85,098 | |
Financial debts43 |
507,939 | 472,305 | 452,500 | 629,850 | 520,959 | 551,780 | 636,435 | 346,659 | 350,000 | 1,684 | |
Credit institutions430/8 |
507,939 | 472,305 | 452,500 | 629,850 | 520,959 | 551,780 | 636,435 | 346,659 | 350,000 | 1,684 | |
Other loans439 |
- | - | 0 | - | - | - | - | - | - | - | |
Trade debts44 |
303,477 | 365,732 | 361,120 | 424,774 | 595,074 | 1.1m | 1.5m | 852,546 | 1.2m | 1.4m | |
Suppliers440/4 |
303,477 | 365,732 | 361,120 | 424,774 | 595,074 | 1.1m | 1.5m | 852,546 | 1.2m | 1.4m | |
Bills of exchange payable441 |
- | - | 0 | - | - | - | - | - | - | - | |
Advances received on contracts in progress46 |
- | - | 0 | - | - | - | - | - | - | - | |
Taxes, remuneration and social security45 |
67,307 | 112,748 | 93,002 | 222,661 | 272,869 | 170,504 | 132,473 | 131,591 | 131,112 | 60,449 | |
Taxes450/3 |
165 | 14,700 | 3,995 | 22,716 | 13,725 | 25,298 | 22,248 | 23,468 | 37,684 | 20,193 | |
Remuneration and social security454/9 |
67,142 | 98,048 | 89,007 | 199,945 | 259,144 | 145,206 | 110,226 | 108,123 | 93,428 | 40,256 | |
Other amounts payable47/48 |
52,733 | 62,086 | 32,126 | 513,347 | 508,482 | 528,751 | 8,453 | 307,982 | 71,530 | 61,861 | |
Accrued charges and deferred income492/3 |
16,434 | 1,049 | 3,837 | 1,219 | 23,209 | 21,412 | 18,971 | 19,444 | 3,375 | 30,000 | |
| Income statement | |||||||||||
Turnover70 |
- | 497,992 | 966,377 | - | - | - | - | - | - | - | |
Non-recurring operating income76A |
- | 287,510 | 211,946 | 150,928 | 63,717 | 10,345 | 1,000 | 1,252 | 13,987 | 6,134 | |
Gross operating margin9900 |
22,365 | 121,152 | 379,710 | 478,396 | 1.0m | 1.0m | 1.1m | 1.4m | 1.3m | 791,093 | |
Goods, raw materials, services and sundry goods60/61 |
- | 376,840 | 586,666 | - | - | - | - | - | - | - | |
Remuneration, social security and pensions62 |
16,374 | 91,967 | 242,069 | 457,879 | 650,192 | 828,509 | 768,503 | 895,956 | 957,198 | 598,677 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
199,797 | 207,692 | 244,146 | 225,097 | 252,074 | 278,904 | 189,368 | 140,061 | 161,909 | 146,323 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | 105,011 | -25,000 | 92,500 | - | - | - | -11,435 | - | 11,435 | |
Provisions for liabilities and charges: additions (uses and reversals)635/8 |
- | - | 0 | - | - | - | - | - | - | - | |
Other operating charges640/8 |
9,234 | 6,371 | 16,915 | 35,481 | 18,981 | 20,895 | 12,061 | 18,846 | 23,404 | 7,469 | |
Operating charges capitalised as restructuring costs649 |
- | - | 0 | - | - | - | - | - | - | - | |
Non-recurring operating charges66A |
- | 0 | 0 | 75 | 10,075 | 2,562 | 15,771 | 680 | 14,125 | 2,443 | |
Operating profit (loss)9901 |
-203,040 | -289,889 | -98,419 | -332,561 | 82,326 | -101,178 | 93,866 | 361,940 | 162,549 | 27,188 | |
Financial income75/76B |
- | 3,926 | 6,292 | 47,365 | 8,952 | 17,338 | 9,228 | 20,653 | 68,411 | 5,527 | |
Recurring financial income75 |
288 | 3,926 | 6,292 | 47,365 | 8,952 | 17,338 | 9,228 | 20,653 | 68,411 | 5,527 | |
Financial charges65/66B |
- | 101,969 | 109,577 | 125,038 | 141,647 | 65,928 | 58,532 | 68,596 | 56,637 | 20,204 | |
Recurring financial charges65 |
23,312 | 101,969 | 109,577 | 125,038 | 141,647 | 65,928 | 58,532 | 68,596 | 56,637 | 20,204 | |
Profit (loss) for the period before taxes9903 |
-212,270 | -100,421 | 10,241 | -259,381 | 3,273 | -141,984 | 29,791 | 314,569 | 174,185 | 16,202 | |
Income taxes67/77 |
- | 0 | 0 | - | 3,977 | - | 1,642 | 30,800 | 56,488 | 7,179 | |
Profit (loss) for the period9904 |
-212,270 | -100,421 | 10,241 | -259,381 | -704 | -141,984 | 28,149 | 283,769 | 117,698 | 9,023 | |
Transfer from tax-exempt reserves789 |
- | 0 | 0 | - | - | - | - | - | - | - | |
Transfer to tax-exempt reserves689 |
- | 0 | 203,799 | - | - | - | - | - | - | - | |
Profit (loss) for the period to be appropriated9905 |
-212,270 | -100,421 | -193,558 | -259,381 | -704 | -141,984 | 28,149 | 283,769 | 117,698 | 9,023 | |
| Appropriation of the result | |||||||||||
Profit (loss) to be appropriated9906 |
-765,630 | -553,360 | -452,939 | -259,381 | -704 | -141,984 | 28,149 | 283,769 | 117,698 | 9,023 | |
Profit (loss) brought forward from the previous period14P |
-553,360 | - | - | - | - | - | - | - | - | - | |
Transfer from equity791/2 |
- | - | - | - | 704 | 141,984 | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | - | - | - | 28,149 | 33,769 | 117,698 | 9,023 | |
To other reserves6921 |
- | - | - | - | - | - | 28,149 | 33,769 | 117,698 | 9,023 | |
Profit to be distributed694/7 |
- | - | - | - | - | - | - | 250,000 | - | - | |
Directors or managers695 |
- | - | - | - | - | - | - | 250,000 | - | - | |
| Social balance sheet | |||||||||||
Average staff (FTE)9087 |
1.8 | 3 | 7.4 | 8.8 | 19.4 | 20.7 | 19 | 23.3 | 23.4 | 16.3 | |
Hours worked1013 |
- | 2,341 | 7,840 | 8,689 | 49,576 | 28,142 | 25,868 | 32,401 | 35,086 | 24,555 | |
| Document | |||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 26 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2016 (PDF), filed on 16-05-2017.
2016 annual accounts filed 105 days after the deadline. Filed on 16 May 2017, deadline 31 January 2017 (7 months after the close on 30 June 2016, Companies Code art. 3:10). Source: NBB, 2017-12300414.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2016 | abbreviated format | 16-05-2017 | 2017-12300414 | |
| 30-06-2015 | abbreviated format | 13-03-2017 | 2017-06200590 | |
| 30-06-2014 | abbreviated format | 09-04-2015 | 2015-09500395 | |
| 30-06-2013 | abbreviated format | 20-02-2014 | 2014-04200408 | |
| 30-06-2012 | abbreviated format | 13-02-2013 | 2013-03300017 | |
| 30-06-2011 | abbreviated format | 14-02-2012 | 2012-03100257 | |
| 30-06-2010 | abbreviated format | 01-02-2011 | 2011-02300324 | |
| 30-06-2009 | abbreviated format | 10-02-2010 | 2010-03900046 | |
| 30-06-2008 | abbreviated format | 17-02-2009 | 2009-04600312 | |
| 30-06-2007 | abbreviated format | 13-02-2008 | 2008-04200235 | |
| 30-06-2006 | abbreviated format | 23-01-2007 | 2007-02301745 | |
| 30-06-2005 | abbreviated format | 31-01-2006 | 2006-04000804 | |
| 30-06-2004 | abbreviated format | 26-01-2005 | 2005-03001859 | |
| 30-06-2003 | abbreviated format | 03-02-2004 | 2004-03801087 | |
| 30-06-2002 | abbreviated format | 11-02-2003 | 2003-04300362 |
| Line | Trend | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -3,243 | -82,197 | 145,726 | -107,464 | 334,400 | 177,727 | 283,234 | 502,000 | 324,458 | 173,511 | |
| Cash flow | -12,473 | 107,271 | 254,387 | -34,285 | 251,370 | 136,920 | 217,517 | 423,830 | 279,606 | 155,346 | |
| Investment in fixed assets (approximation) | -12,056 | 1,012 | 2,755 | 6,585 | 129,452 | 1.3m | 621,233 | 261,046 | 161,520 | 619,300 | |
| Change in cash | 3,007 | -18,322 | 18,185 | -91,503 | 5,144 | -312,249 | 98,137 | 197,408 | -85,545 | - | |
| Working capital | 60,561 | 45,592 | -113,345 | -893,388 | -682,879 | -940,588 | -522,116 | -64,744 | -80,287 | -114,474 | |
| EBIT margin | - | -58.2% | -10.2% | - | - | - | - | - | - | - | |
| Solvency | -1.2% | 7.0% | 10.5% | -4.1% | 4.1% | 3.8% | 9.5% | 9.9% | 8.6% | 3.8% | |
| Current ratio | 1.06 | 1.04 | 0.89 | 0.55 | 0.67 | 0.64 | 0.78 | 0.96 | 0.96 | 0.93 | |
| Quick ratio | 0.99 | 0.97 | 0.69 | 0.40 | 0.44 | 0.49 | 0.65 | 0.91 | 0.76 | 0.78 | |
| Debt to equity | - | 13.27 | 8.53 | - | 23.34 | 25.45 | 9.58 | 9.09 | 10.63 | 25.04 | |
| ROE | - | -54.5% | 3.6% | - | -0.5% | -94.2% | 9.6% | 113.9% | 54.7% | 10.6% | |
| ROA | -9.0% | -3.8% | 0.4% | -8.6% | 0.0% | -3.6% | 0.9% | 11.3% | 4.7% | 0.4% | |
| Interest coverage | -0.14 | - | - | - | - | - | - | - | - | - | |
| Customer credit | - | 748 days | 227 days | - | - | - | - | - | - | - | |
| Supplier credit | - | 354 days | 225 days | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2016 is a loss of €203,040, smaller than the loss of €289,889 in 2015.
Equity is negative. Debt (€2.4m) exceeds the balance-sheet total (€2.4m).
Source: lists of holdings in the owners' accounts
CAB-CONSTRUCT has no parent and no holdings in its annual accounts.
| Laser Cladding Venture
registered office since 03-09-2015 · founded in 2015 |
7 FTE (2025) 0636.737.791 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Nijverheidslaan 1500 registered office 3660 Oudsbergen 2511001 Manufacture of metal structures and parts of structures | 01-08-2002 | 2.096.243.640 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71562B0913/00G008 | 6,972 m² | 1 · 4,278 m² | 10.4 m · 3 |
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