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CSN CHROME

Inactive
KBO/BCE: BE 0459.590.255

No longer registered with the KBO; last annual accounts for fiscal year 2017.

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 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2018 close31-07-2019 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 18-05-2018, 74 days ahead of the deadline.
NBB · 10 filings
Deviation 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 →
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 2017, full schema

Turnover
€1.79M▲ 9.1%
2016 · €1.64M
2013: €1.09M 2014: €1.12M 2015: €1.38M 2016: €1.64M
2013 → 2017
EBIT margin
0.2%=
2016 · 0.3%
2013: -0.7% 2014: -6.3% 2015: 1.0% 2016: 0.3%
2013 → 2017
Net result
€5k▼ 12.0%
2016 · €5k
2013: €-11k 2014: €-75k 2015: €7k 2016: €5k
2013 → 2017
Working capital
€229k▲ 45.8%
2016 · €157k
2013: €162k 2014: €140k 2015: €178k 2016: €157k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20132014201520162017Trend
Turnover€1.09M-€1.12M▲ 2.8%€1.38M▲ 22.3%€1.64M▲ 19.2%€1.79M▲ 9.1%
Equity€421k-€345k▼ 17.9%€353k▲ 2.1%€358k▲ 1.5%€362k▲ 1.3%
Operating result€-8k-€-71k▼ 822%€13k€5k▼ 65.4%€4k▼ 3.2%
Net result€-11k-€-75k▼ 615%€7k€5k▼ 29.6%€5k▼ 12.0%
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0€25kOperating result 2013: €-8k€-8kNet result 2013: €-11k€-11kOperating result 2014: €-71k€-71kNet result 2014: €-75k€-75kOperating result 2015: €13k€13kNet result 2015: €7k€7kOperating result 2016: €5k€5kNet result 2016: €5k€5kOperating result 2017: €4k€4kNet result 2017: €5k€5k20132014201520162017
The operating result has fallen two years in a row; 2017 is 3% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €683k
Fixed assets €188k▼ 22.1%
Current assets €495k▲ 8.7%
Equity and liabilities €683k
Equity €362k▲ 1.3%
Provisions €55k▲ 34.1%
Debt €266k▼ 10.8%
The debt ratio falls from 42.8% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2016
EBITDA
€61k
2016 · €57k
Cash flow
€61k
2016 · €58k
Solvency
53.1%
2016 · 51.4%
Current ratio
1.86
2016 · 1.53
Quick ratio
1.86
2016 · 1.53
ROE
1.2%
2016 · 1.4%
ROA
0.7%
2016 · 0.7%
Debt
€266k
2016 · €298k
Debt ≤ 1 year
€266k
2016 · €298k
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 · 2017 against 2016
Balance sheet Code20162017
Assets
Total assets20/58€697k€683k
Fixed assets21/28€242k€188k
Intangible fixed assets21€10k€5k
Tangible fixed assets22/27€231k€183k
Financial fixed assets28€211€0
Current assets29/58€455k€495k
Amounts receivable within one year40/41€283k€273k
Cash at bank and in hand54/58€167k€216k
Equity and liabilities
Total equity and liabilities10/49€697k€683k
Equity10/15€358k€362k
Contributions10/11€175k€175k=
Reserves13€183k€187k
Profit (loss) carried forward14€187€187=
Provisions and deferred taxes16€41k€55k
Amounts payable17/49€298k€266k
Amounts payable within one year42/48€298k€266k
Trade debts44€252k€200k
Income statement Code20162017
Turnover70€1.64M€1.79M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€57k
Operating profit (loss)9901€5k€4k
Recurring financial income75€1k€998
Recurring financial charges65€762€920
Profit (loss) for the period before taxes9903€5k€5k
Profit (loss) for the period9904€5k€5k
Profit (loss) for the period to be appropriated9905€5k€5k

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Timeline · acts, filings and financial milestones

2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
13-03
State Gazette act Merger · Dissolution
Approval · Real estate · France ANDRIS
13-03
State Gazette act General meeting · Merger
Dissolution · Accounting effect
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial Back to profitnet €7k
Net result €7k after 2 loss-making years.
24-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series.
07-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
24-06
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
18-05
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
09-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
14-06
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2009
25-05
NBB filing Annual accounts filed
fiscal year 2008 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:ArcelorMittal Belgium
BE 0400.106.291merger by absorption · State Gazette act of 13-03-2018 (2 acts) · effective 01-01-2018