DE BOECK EDUCATION
InactiveInactive; last annual accounts for fiscal year 2016.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline24-09-2026 today
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 27-06-2017, 34 days ahead of the deadline.
NBB · 5 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 →
Checked, nothing found (1)
Financials · fiscal year 2015, full schema
Turnover
€6.22M▼ 4.3%
2014 · €6.50M
2013: €4.55M
2014: €6.50M
2013 → 2015
EBIT margin
3.1%▼ 8.1pp
2014 · 11.2%
2013: 13.9%
2014: 11.2%
2013 → 2015
Net result
€-1.01M▼ 3,676%
2014 · €-27k
2013: €343k
2014: €-27k
2013 → 2015
Working capital
€-22.68M▼ 4.5%
2014 · €-21.70M
2013: €1.58M
2014: €-21.70M
2013 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201320142015Trend
Turnover€4.55M-€6.50M▲ 42.8%€6.22M▼ 4.3%
Equity€2.97M-€2.94M▼ 0.9%€1.93M▼ 34.4%
Operating result€632k-€729k▲ 15.3%€196k▼ 73.2%
Net result€343k-€-27k€-1.01M▼ 3,676%
Result per fiscal year
Operating resultNet result
The operating result falls in 2015; 2015 is 73% below 2014 and is the lowest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €35.71M
Fixed assets
€26.72M ▼ 0.6%
Current assets
€8.99M ▼ 3.8%
Equity and liabilities €35.71M
Equity
€1.93M ▼ 34.4%
Provisions
€21k ▲ 1.8%
Debt
€33.76M ▲ 1.5%
Debt's share of the balance-sheet total rises from 91.8% to 94.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.05M▼
2014 · €1.56M
Cash flow
€-154k▼
2014 · €802k
Current ratio
0.28▼
2014 · 0.30
Quick ratio
0.25▼
2014 · 0.26
Debt to equity
1.04▲
2014 · 0.69
ROE
-52.5%▼
2014 · -0.9%
ROA
-2.8%▼
2014 · -0.1%
Interest coverage
1.33▼
2014 · 3.61
Debt ≤ 1 year
€31.66M▲
2014 · €31.04M
Debt > 1 year
€2.01M▼
2014 · €2.04M
Income taxes
€2k▼
2014 · €22k
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 · 2015 against 2014 · 30 lines
Balance sheet
Code20142015
Assets
Total assets20/58€36.23M€35.71M▼
Fixed assets21/28€26.88M€26.72M▼
Intangible fixed assets21€1.39M€1.29M▼
Tangible fixed assets22/27€118k€61k▼
Financial fixed assets28€25.38M€25.38M=
Current assets29/58€9.35M€8.99M▼
Stocks and contracts in progress3€1.13M€1.07M▼
Amounts receivable within one year40/41€4.36M€5.70M▲
Current investments50/53€2.00M-
Cash at bank and in hand54/58€1.79M€2.20M▲
Equity and liabilities
Total equity and liabilities10/49€36.23M€35.71M▼
Equity10/15€2.94M€1.93M▼
Contributions10/11€1.19M€1.19M=
Reserves13€119k€119k=
Profit (loss) carried forward14€1.63M€618k▼
Provisions and deferred taxes16€21k€21k▲
Amounts payable17/49€33.27M€33.76M▲
Amounts payable after more than one year17€2.04M€2.01M▼
Amounts payable within one year42/48€31.04M€31.66M▲
Trade debts44€2.15M€1.29M▼
Income statement
Code20142015
Turnover70€6.50M€6.22M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€829k€857k▲
Operating profit (loss)9901€729k€196k▼
Recurring financial income75€46k€108k▲
Recurring financial charges65€575k€887k▲
Debt charges650€432k€790k▲
Profit (loss) for the period before taxes9903€-5k€-1.01M▼
Income taxes67/77€22k€2k▼
Profit (loss) for the period9904€-27k€-1.01M▼
Profit (loss) for the period to be appropriated9905€-27k€-1.01M▼
Timeline · acts, filings and financial milestones
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet €-1.01M
Net result drops to €-1.01M, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
15-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
21-08
State Gazette act
General meeting · Demerger
Capital decrease · Capital
13-06
State Gazette act
Board meeting · Demerger
Share issue · Accounting effect
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 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 transactionReceived in a demerger part of:GROUPE DE BOECK