CPS DECO
Open bankruptcyFinancials · financial year 2017, full format
2017 annual accounts filed 225 days after the deadline Filed on 13 March 2019, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2019-07000593.
Annual accounts 2017 filed on 13-03-2019 PDF all 3 filings
Turnover
€133,468▲ 14.7%
2016 · €116,328
EBIT margin
4.8%▼ 0.2pp
2016 · 5.0%
Net result
€1,433▼ 54.1%
2016 · €3,123
Working capital
€21,861▲ 13.7%
2016 · €19,228
Multi-year overview
2015 to 2017, 3 financial yearsTurnover
€133,468
▲ 14.7%
2017
20152017
Operating result
€6,350
▲ 9.7%
2017
20152017
Net result
€1,433
▼ 54.1%
2017
20152017
EBIT margin
4.8%
▼ 0.2pp
2017
20152017
Equity
€21,861
▲ 7.0%
2017
20152017
Total assets
€36,677
▲ 19.7%
2017
20152017
Debt
€14,816
▲ 45.2%
2017
20152017
Working capital
€21,861
▲ 13.7%
2017
20152017
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201520162017
Turnover€123,934-€116,328▼ 6.1%€133,468▲ 14.7%
Operating result€15,126-€5,791▼ 61.7%€6,350▲ 9.7%
Net result€9,006-€3,123▼ 65.3%€1,433▼ 54.1%
EBIT margin12.2%-5.0%▼ 7.2pp4.8%▼ 0.2pp
Equity€17,306-€20,428▲ 18.0%€21,861▲ 7.0%
Total assets€35,319-€30,634▼ 13.3%€36,677▲ 19.7%
Debt€18,014-€10,206▼ 43.3%€14,816▲ 45.2%
Working capital€14,906-€19,228▲ 29.0%€21,861▲ 13.7%
The operating result for 2017 is 10% higher than in 2016. It is a recovery after the fall in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €36,677
Equity
€21,861 ▲ 7.0%
Debt
€14,816 ▲ 45.2%
Debt's share of the balance-sheet total rises from 33.3% to 40.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,350▼
2016 · €6,991
Cash flow
€1,433▼
2016 · €4,323
Current ratio
2.48▼
2016 · 2.88
ROE
6.6%▼
2016 · 15.3%
ROA
3.9%▼
2016 · 10.2%
Debt ≤ 1 year
€14,816▲
2016 · €10,206
Income taxes
€2,838▲
2016 · €2,585
Customer credit
98 days▲
2016 · 77 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Turnover70 | €123,934 | €116,328 | €133,468 | ▲ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,200 | €1,200 | €0 | ▼ 100% |
| Gross operating margin9900 | €16,835 | €7,657 | €6,955 | ▼ 9.2% |
| Operating profit (loss)9901 | €15,126 | €5,791 | €6,350 | ▲ 9.7% |
| Recurring financial income75 | €1 | - | - | - |
| Recurring financial charges65 | €79 | €83 | €2,080 | ▲ 25× |
| Profit (loss) for the period before taxes9903 | €15,048 | €5,708 | €4,270 | ▼ 25.2% |
| Income taxes67/77 | €6,042 | €2,585 | €2,838 | ▲ 9.8% |
| Profit (loss) for the period9904 | €9,006 | €3,123 | €1,433 | ▼ 54.1% |
| Profit (loss) for the period to be appropriated9905 | €9,006 | €3,123 | €1,433 | ▼ 54.1% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €35,319 | €30,634 | €36,677 | ▲ 19.7% |
| Fixed assets21/28 | €2,400 | €1,200 | - | - |
| Tangible fixed assets22/27 | €2,400 | €1,200 | - | - |
| Current assets29/58 | €32,919 | €29,434 | €36,677 | ▲ 24.6% |
| Amounts receivable within one year40/41 | €26,572 | €24,558 | €35,969 | ▲ 46.5% |
| Current investments50/53 | €4,147 | - | - | - |
| Cash at bank and in hand54/58 | €771 | €2,429 | €376 | ▼ 84.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €35,319 | €30,634 | €36,677 | ▲ 19.7% |
| Equity10/15 | €17,306 | €20,428 | €21,861 | ▲ 7.0% |
| Contributions10/11 | €8,300 | €8,300 | €8,300 | = |
| Reserves13 | €1,505 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7,501 | €10,268 | €11,701 | ▲ 14.0% |
| Amounts payable17/49 | €18,014 | €10,206 | €14,816 | ▲ 45.2% |
| Amounts payable within one year42/48 | €18,014 | €10,206 | €14,816 | ▲ 45.2% |
| Trade debts44 | €11,971 | €1,043 | €3,183 | ▲ 205% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,006 | €3,123 | €1,433 | ▼ 54.1% |
| + Depreciation and write-downs630 | €1,200 | €1,200 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €10,206 | €4,323 | €1,433 | ▼ 66.9% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €1,658 | -€2,053 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.