CIS CONSTRUCT
Open bankruptcyFinancials · financial year 2017, micro format
2017 annual accounts filed late (59 days) Filed on 28 September 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-67500387.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52,577▲ 281%
2016 · €13,817
Working capital
€74,935▲ 159%
2016 · €28,911
Trend over the years
2013 to 2017, 5 financial years 2013 to 2017, 5 financial years
The operating result recovers in 2017; 2017 is 322% above 2016 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€72,005
2017
Net result€52,577
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€116,631
2017
Equity€81,654
2017
Debt€34,977
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€74,935
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
Line20132014201520162017
Operating result-€9,911--€355▲ 96.4%€30,327€17,071▼ 43.7%€72,005▲ 322%
Net result-€9,911--€355▲ 96.4%€24,769€13,817▼ 44.2%€52,577▲ 281%
Equity-€7,155--€7,509▼ 5.0%€17,259€31,077▲ 80.1%€81,654▲ 163%
Total assets€57€23,854▲ 41,662%€60,866▲ 155%€116,631▲ 91.6%
Debt€7,155-€7,566▲ 5.8%€6,595▼ 12.8%€29,789▲ 352%€34,977▲ 17.4%
Working capital-€7,509€16,483€28,911▲ 75.4%€74,935▲ 159%
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €116,631
Fixed assets
€6,719 ▼ 32.6%
Current assets
€109,911 ▲ 116%
Equity and liabilities €116,631
Equity
€81,654 ▲ 163%
Debt
€34,977 ▲ 17.4%
Debt's share of the balance-sheet total falls from 48.9% to 30.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76,514▲
2016 · €21,770
Cash flow
€57,087▲
2016 · €18,517
Current ratio
3.14▲
2016 · 2.31
ROE
64.4%▲
2016 · 44.5%
ROA
45.1%▲
2016 · 22.7%
Debt ≤ 1 year
€34,977▲
2016 · €21,989
Income taxes
€24,866▲
2016 · €5,774
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €194 | €4,699 | €4,509 | ▼ 4.0% |
| Gross operating margin9900 | - | -€355 | €31,050 | €25,489 | €80,539 | ▲ 216% |
| Operating profit (loss)9901 | -€9,911 | -€355 | €30,327 | €17,071 | €72,005 | ▲ 322% |
| Recurring financial income75 | - | - | €781 | €2,705 | €5,559 | ▲ 106% |
| Recurring financial charges65 | - | - | €94 | €185 | €120 | ▼ 34.8% |
| Profit (loss) for the period before taxes9903 | -€9,911 | -€355 | €31,014 | €19,591 | €77,444 | ▲ 295% |
| Income taxes67/77 | - | - | €6,246 | €5,774 | €24,866 | ▲ 331% |
| Profit (loss) for the period9904 | -€9,911 | -€355 | €24,769 | €13,817 | €52,577 | ▲ 281% |
| Profit (loss) for the period to be appropriated9905 | -€9,911 | -€355 | €24,769 | €13,817 | €52,577 | ▲ 281% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | - | €57 | €23,854 | €60,866 | €116,631 | ▲ 91.6% |
| Fixed assets21/28 | - | - | €776 | €9,966 | €6,719 | ▼ 32.6% |
| Tangible fixed assets22/27 | - | - | €776 | €9,966 | €6,719 | ▼ 32.6% |
| Current assets29/58 | - | €57 | €23,078 | €50,900 | €109,911 | ▲ 116% |
| Amounts receivable within one year40/41 | - | €57 | €21,777 | €49,531 | €108,146 | ▲ 118% |
| Cash at bank and in hand54/58 | - | - | €1,301 | €1,369 | €1,765 | ▲ 29.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | - | €57 | €23,854 | €60,866 | €116,631 | ▲ 91.6% |
| Equity10/15 | -€7,155 | -€7,509 | €17,259 | €31,077 | €81,654 | ▲ 163% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€13,355 | -€13,709 | €9,199 | €23,017 | €73,594 | ▲ 220% |
| Amounts payable17/49 | €7,155 | €7,566 | €6,595 | €29,789 | €34,977 | ▲ 17.4% |
| Amounts payable within one year42/48 | €7,155 | €7,566 | €6,595 | €21,989 | €34,977 | ▲ 59.1% |
| Trade debts44 | - | €412 | €83 | €9,232 | €5,165 | ▼ 44.1% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,911 | -€355 | €24,769 | €13,817 | €52,577 | ▲ 281% |
| + Depreciation and write-downs630 | - | - | €194 | €4,699 | €4,509 | ▼ 4.0% |
| Operating cash flow (approximation) | -€9,911 | -€355 | €24,963 | €18,517 | €57,087 | ▲ 208% |
| Investment in fixed assets (approximation) | - | - | - | -€13,889 | -€1,263 | ▲ 90.9% |
| Change in cash | - | - | - | €67 | €397 | ▲ 492% |
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 (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2017 | micro format | 28-09-2018 | 2018-67500387 |
| 31-12-2016 | full format | 26-06-2017 | 2017-24800113 |
| 31-12-2015 | full format | 31-08-2016 | 2016-56800478 |
| 31-12-2014 | full format | 20-08-2015 | 2015-45100008 |
| 31-12-2013 | full format | 31-12-2014 | 2014-71400129 |
| 31-12-2010 | full format | 30-09-2011 | 2011-56900460 |
| 31-12-2009 | full format | 17-06-2011 | 2011-17700221 |
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Of the 2,406 active companies whose main activity is general construction of other non-residential buildings (NACE 41003), figures are known for 1,069. 740 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.