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CODASOFT

Inactive
KBO/BCE: BE 0881.531.941

Inactive; last annual accounts for fiscal year 2016.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 22-06-2017, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2016
39 d early
2015
31 d early
2014
51 d early
2013
34 d early
2012
21 d early
2011
21 d early
2010
4 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover
€6.24M▼ 17.0%
2015 · €7.52M
2012: €7.36M 2013: €8.30M 2014: €8.22M 2015: €7.52M
2012 → 2016
EBIT margin
3.6%=
2015 · 3.6%
2012: -1.6% 2013: 1.5% 2014: -2.2% 2015: 3.6%
2012 → 2016
Net result
€91k▼ 41.4%
2015 · €156k
2012: €-25k 2013: €-30k 2014: €-494k 2015: €156k
2012 → 2016
Working capital
€-885k▼ 57.2%
2015 · €-563k
2012: €-1.98M 2013: €-406k 2014: €-825k 2015: €-563k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013201420152016Trend
Turnover€7.36M-€8.30M▲ 12.7%€8.22M▼ 0.9%€7.52M▼ 8.5%€6.24M▼ 17.0%
Equity€370k-€340k▼ 8.2%€-154k€2k€94k▲ 3,773%
Operating result€-121k-€123k€-182k€273k€223k▼ 18.1%
Net result€-25k-€-30k▼ 23.4%€-494k▼ 1,532%€156k€91k▼ 41.4%
Result per fiscal year
Operating resultNet result
€-600k€-400k€-200k€0€200kOperating result 2012: €-121k€-121kNet result 2012: €-25k€-25kOperating result 2013: €123k€123kNet result 2013: €-30k€-30kOperating result 2014: €-182k€-182kNet result 2014: €-494k€-494kOperating result 2015: €273k€273kNet result 2015: €156k€156kOperating result 2016: €223k€223kNet result 2016: €91k€91k20122013201420152016€-600k€-400k€-200k€0€200kOperating result 2014: €-182k€-182kNet result 2014: €-494k€-494kOperating result 2015: €273k€273kNet result 2015: €156k€156kOperating result 2016: €223k€223kNet result 2016: €91k€91k201420152016
The operating result falls in 2016; 2016 is 18% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €4.74M
Fixed assets €3.72M ▲ 4.7%
Current assets €1.02M ▲ 55.5%
Equity and liabilities €4.74M
Equity €94k ▲ 3,773%
Provisions €0 ▼ 100%
Debt €4.65M ▲ 13.7%
Debt's share of the balance-sheet total rises from 97.1% to 98.0%. Equity and debt are higher.
Key figures and ratios
2016 value · change against 2015
EBITDA
€1.59M
2015 · €1.84M
Cash flow
€1.46M
2015 · €1.72M
Current ratio
0.54
2015 · 0.54
Debt to equity
28.46
ROE
97.4%
ROA
1.9%
2015 · 3.7%
Interest coverage
15.20
2015 · 16.24
Debt ≤ 1 year
€1.90M
2015 · €1.22M
Debt > 1 year
€2.67M
2015 · €2.80M
Income taxes
€26k
2015 · €3k
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 · 28 lines
Balance sheet Code20152016
Assets
Total assets20/58€4.21M€4.74M
Fixed assets21/28€3.55M€3.72M
Intangible fixed assets21€2.52M€2.53M
Tangible fixed assets22/27€1.03M€1.19M
Financial fixed assets28€218-
Current assets29/58€656k€1.02M
Amounts receivable within one year40/41€589k€884k
Cash at bank and in hand54/58€2k€798
Equity and liabilities
Total equity and liabilities10/49€4.21M€4.74M
Equity10/15€2k€94k
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Profit (loss) carried forward14€-66k€26k
Provisions and deferred taxes16€119k-
Amounts payable17/49€4.09M€4.65M
Amounts payable after more than one year17€2.80M€2.67M
Amounts payable within one year42/48€1.22M€1.90M
Trade debts44€369k€1.18M
Income statement Code20152016
Turnover70€7.52M€6.24M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.57M€1.37M
Operating profit (loss)9901€273k€223k
Recurring financial income75€398€26
Recurring financial charges65€114k€105k
Debt charges650€113k€105k
Profit (loss) for the period before taxes9903€159k€118k
Income taxes67/77€3k€26k
Profit (loss) for the period9904€156k€91k
Profit (loss) for the period to be appropriated9905€156k€91k

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Timeline · acts, filings and financial milestones

2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
07-02
State Gazette act General meeting · Merger
Dissolution · Share cancellation
2016
24-11
State Gazette act Merger
30-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial Back to profitnet €156k
Net result €156k after 3 loss-making years.
10-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Weakest financial yearnet €-494k
Net result drops to €-494k, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
10-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
10-07
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
27-07
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
26-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 26 days late
2009
09-07
NBB filing Annual accounts filed
fiscal year 2008 · full schema
2008
21-11
NBB filing Annual accounts filed
fiscal year 2007 · full schema · 113 days late
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 transaction
Taken over by:DISTRIPLUS
BE 0890.091.202merger by absorption · State Gazette act of 07-02-2017 (2 acts) · effective 16-01-2017