CANTON
BankruptcySummary
The KBO register records for CANTON the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2016 annual accounts show equity of €2k and a net result of €22k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2016, micro schema
Equity
€2k
2015 · €-20k
2012: €19k
2013: €61k▲ +221% vs 2012highest in 5 years
2014: €-40k▼ -165% vs 2013lowest in 5 years
2015: €-20k▲ +48.8% vs 2014
2016: €2k▲ +108% vs 2015
2012 → 2016
Total assets
€268k▼ 5.0%
2015 · €282k
2012: €29klowest in 5 years
2013: €310k▲ +958% vs 2012highest in 5 years
2014: €285k▼ -8.0% vs 2013
2015: €282k▼ -1.3% vs 2014
2016: €268k▼ -5.0% vs 2015
2012 → 2016
Net result
€22k▲ 13.2%
2015 · €19k
2012: €2k
2013: €-8k▼ -601% vs 2012
2014: €-101k▼ -1171% vs 2013lowest in 5 years
2015: €19k▲ +119% vs 2014
2016: €22k▲ +13.2% vs 2015highest in 5 years
2012 → 2016
Working capital
€-101k▲ 21.4%
2015 · €-128k
2012: €17khighest in 5 years
2013: €-1k▼ -107% vs 2012
2014: €-152k▼ -12137% vs 2013lowest in 5 years
2015: €-128k▲ +15.7% vs 2014
2016: €-101k▲ +21.4% vs 2015
2012 → 2016
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Equity€19k-€61k▲ 221%€-40k€-20k▲ 48.8%€2k
2012: €19k
2013: €61k▲ +221% vs 2012highest in 5 years
2014: €-40k▼ -165% vs 2013lowest in 5 years
2015: €-20k▲ +48.8% vs 2014
2016: €2k▲ +108% vs 2015
Operating result€4k-€-57k€-90k▼ 58.4%€30k€38k▲ 29.9%
2012: €4k
2013: €-57k▼ -1497% vs 2012
2014: €-90k▼ -58.4% vs 2013lowest in 5 years
2015: €30k▲ +133% vs 2014
2016: €38k▲ +29.9% vs 2015highest in 5 years
Net result€2k-€-8k€-101k▼ 1,171%€19k€22k▲ 13.2%
2012: €2k
2013: €-8k▼ -601% vs 2012
2014: €-101k▼ -1171% vs 2013lowest in 5 years
2015: €19k▲ +119% vs 2014
2016: €22k▲ +13.2% vs 2015highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2014 the operating result has climbed two years in a row; 2016 is 30% above 2015 and is the highest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €268k
Fixed assets
€196k ▼ 15.9%
Current assets
€71k ▲ 47.0%
Equity and liabilities €268k
Equity
€2k
Debt
€266k
Debt finances 99.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€80k▲
2015 · €71k
Cash flow
€63k▲
2015 · €61k
Current ratio
0.41▲
2015 · 0.27
Quick ratio
0.36▲
2015 · 0.21
Debt to equity
57.02▲
2015 · -6.14
ROA
8.2%▲
2015 · 6.9%
Debt ≤ 1 year
€172k▼
2015 · €177k
Debt > 1 year
€94k▼
2015 · €125k
A ratio outside any meaningful range has been withheld (balance sheet total €268k, equity €2k).
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 · 2016 against 2015 · 26 lines
Balance sheet
Code20152016
Assets
Total assets20/58€282k€268k▼
Fixed assets21/28€233k€196k▼
Tangible fixed assets22/27€221k€184k▼
Financial fixed assets28€12k€12k=
Current assets29/58€49k€71k▲
Stocks and contracts in progress3€11k€10k▼
Amounts receivable within one year40/41€23k€11k▼
Cash at bank and in hand54/58€15k€51k▲
Equity and liabilities
Total equity and liabilities10/49€282k€268k▼
Equity10/15€-20k€2k▲
Contributions10/11€56k€56k=
Reserves13€6k€6k=
Profit (loss) carried forward14€-83k€-61k▲
Amounts payable17/49€302k€266k▼
Amounts payable after more than one year17€125k€94k▼
Amounts payable within one year42/48€177k€172k▼
Trade debts44€69k€93k▲
Income statement
Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€41k▲
Gross operating margin9900€223k€226k▲
Operating profit (loss)9901€30k€38k▲
Recurring financial income75€979€59▼
Recurring financial charges65€11k€16k▲
Profit (loss) for the period before taxes9903€19k€22k▲
Income taxes67/77€-5-
Profit (loss) for the period9904€19k€22k▲
Profit (loss) for the period to be appropriated9905€19k€22k▲
Accounts by statement
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | - | €40k | €41k | €41k | ▲ 0.2% |
| Gross operating margin9900 | €16k | €-10k | €166k | €223k | €226k | ▲ 1.8% |
| Operating profit (loss)9901 | €4k | €-57k | €-90k | €30k | €38k | ▲ 29.9% |
| Recurring financial income75 | €19 | €20 | - | €979 | €59 | ▼ 93.9% |
| Recurring financial charges65 | €744 | €7k | €11k | €11k | €16k | ▲ 48.2% |
| Profit (loss) for the period before taxes9903 | €3k | €-8k | €-101k | €19k | €22k | ▲ 13.2% |
| Income taxes67/77 | €2k | €105 | €60 | €-5 | - | - |
| Profit (loss) for the period9904 | €2k | €-8k | €-101k | €19k | €22k | ▲ 13.2% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-8k | €-101k | €19k | €22k | ▲ 13.2% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €310k | €285k | €282k | €268k | ▼ 5.0% |
| Fixed assets21/28 | €2k | €247k | €269k | €233k | €196k | ▼ 15.9% |
| Tangible fixed assets22/27 | - | €235k | €256k | €221k | €184k | ▼ 16.8% |
| Financial fixed assets28 | €2k | €12k | €12k | €12k | €12k | = |
| Current assets29/58 | €27k | €63k | €17k | €49k | €71k | ▲ 47.0% |
| Stocks and contracts in progress3 | - | €5k | €7k | €11k | €10k | ▼ 7.5% |
| Amounts receivable within one year40/41 | €10k | €22k | €5k | €23k | €11k | ▼ 54.3% |
| Cash at bank and in hand54/58 | €17k | €36k | €5k | €15k | €51k | ▲ 249% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €310k | €285k | €282k | €268k | ▼ 5.0% |
| Equity10/15 | €19k | €61k | €-40k | €-20k | €2k | ▲ 108% |
| Contributions10/11 | €6k | €56k | €56k | €56k | €56k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €7k | €-1k | €-102k | €-83k | €-61k | ▲ 26.6% |
| Amounts payable17/49 | €10k | €249k | €325k | €302k | €266k | ▼ 12.0% |
| Amounts payable after more than one year17 | - | €185k | €156k | €125k | €94k | ▼ 25.2% |
| Amounts payable within one year42/48 | €10k | €64k | €169k | €177k | €172k | ▼ 2.6% |
| Trade debts44 | €1k | €796 | €67k | €69k | €93k | ▲ 35.3% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-8k | €-101k | €19k | €22k | ▲ 13.2% |
| + Depreciation and write-downs630 | €10k | - | €40k | €41k | €41k | ▲ 0.2% |
| Operating cash flow (approximation) | €12k | €-8k | €-61k | €61k | €63k | ▲ 4.4% |
| Investment in fixed assets (approximation) | - | €-245k | €-62k | €-6k | €-4k | ▲ 24.5% |
| Change in cash | - | €19k | €-31k | €10k | €36k | ▲ 265% |
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
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 116 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 301 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 667 days late
2016
31-12
Financial
Highest result since 2012net €22k ▲13.2%
Operating result €38k, net result €22k, both a record.
2015
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
2014
31-12
Financial
Weakest financial yearnet €-101k
Net result drops to €-101k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
2012
28-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
04-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
30-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 30 days late
2009
12-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 12 days late
2008
12-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 12 days late
Financial milestoneNBB 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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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1999
Ground area
1.6 ha
Building footprint
6,094 m²
Volume, LiDAR
56,923 m³
Parcel 35384A0089/00L039, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
HONG-KONG
since 19992.083.945.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0089/00L039 | Flanders | 1.6 ha | 1 · 6,094 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 2,583 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-1997
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.