CEDAR HANDLING
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2013.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 11-06-2014, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2013, full schema
Turnover
€650k=
2012 · €650k
2010: €650k
2010: €325k
2011: €650k
2012: €650k
2010 → 2013
EBIT margin
46.9%▼ 7.7pp
2012 · 54.6%
2010: 53.3%
2010: 52.2%
2011: 54.3%
2012: 54.6%
2010 → 2013
Net result
€159k▲ 30.3%
2012 · €122k
2010: €131k
2010: €59k
2011: €95k
2012: €122k
2010 → 2013
Working capital
€-921k▲ 16.2%
2012 · €-1.10M
2010: €-1.26M
2010: €-1.45M
2011: €-1.40M
2012: €-1.10M
2010 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20102010201120122013Trend
Turnover€650k-€325k▼ 50.0%€650k▲ 100.0%€650k=€650k=
Equity€517k-€276k▼ 46.6%€282k▲ 2.0%€404k▲ 43.4%€563k▲ 39.4%
Operating result€346k-€170k▼ 51.1%€353k▲ 108%€355k▲ 0.6%€305k▼ 14.1%
Net result€131k-€59k▼ 55.0%€95k▲ 62.0%€122k▲ 28.0%€159k▲ 30.3%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €1.92M
Fixed assets
€1.49M▼ 2.9%
Current assets
€433k▲ 266%
Equity and liabilities €1.92M
Equity
€563k▲ 39.4%
Debt
€1.36M▲ 8.9%
The debt ratio falls from 75.5% to 70.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€484k▼
2012 · €522k
Cash flow
€339k▲
2012 · €289k
Solvency
29.3%▲
2012 · 24.5%
Current ratio
0.32▲
2012 · 0.10
Quick ratio
0.32▲
2012 · 0.10
ROE
28.3%▼
2012 · 30.3%
ROA
8.3%▲
2012 · 7.4%
Interest coverage
5.12▲
2012 · 2.62
Debt
€1.36M▲
2012 · €1.25M
Debt ≤ 1 year
€1.35M▲
2012 · €1.22M
Income taxes
€53k▼
2012 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2013 against 2012
Balance sheet
Code20122013
Assets
Total assets20/58€1.65M€1.92M▲
Formation expenses20€8k-
Fixed assets21/28€1.53M€1.49M▼
Tangible fixed assets22/27€1.52M€1.49M▼
Current assets29/58€118k€433k▲
Amounts receivable within one year40/41€40k€93k▲
Cash at bank and in hand54/58€78k€339k▲
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.92M▲
Equity10/15€404k€563k▲
Contributions10/11€217k€217k=
Reserves13€22k€22k=
Profit (loss) carried forward14€165k€325k▲
Amounts payable17/49€1.25M€1.36M▲
Amounts payable within one year42/48€1.22M€1.35M▲
Trade debts44€6k€57k▲
Income statement
Code20122013
Turnover70€650k€650k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€180k▲
Operating profit (loss)9901€355k€305k▼
Recurring financial income75€11k€2k▼
Recurring financial charges65€199k€95k▼
Debt charges650€199k€95k▼
Profit (loss) for the period before taxes9903€194k€212k▲
Income taxes67/77€72k€53k▼
Profit (loss) for the period9904€122k€159k▲
Profit (loss) for the period to be appropriated9905€122k€159k▲
Timeline · acts, filings and financial milestones
2014
22-07
State Gazette act
General meeting · Merger
Johan KIEBOOMS
11-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
19-05
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
2013
31-12
Financial
Highest result since 2010net €159k ▲30.3%
Net result €159k, the highest in the series.
31-12
Financial
Equity above €500kEq €563k ▲39.4%
5 profitable years in a row build equity to €563k.
17-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
27-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
11-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Weakest financial yearnet €59k ▼55%
Net result drops to €59k, the lowest in the series.
10-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
15-04
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 74 days late
2008
05-12
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2007
25-07
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
10-07
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
28-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Structure & network
Acquisitions and mergers
1 transactionTaken over by:EUROPORTS STORAGE ANTWERP