DECETEC
InactiveInactive; last annual accounts for fiscal year 2014.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 20-10-2015, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2014
81 d late
2014
43 d early
2013
45 d early
2012
24 d early
2011
39 d early
2010
3 d early
2009
13 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2014, full schema
Turnover
€146k▼ 49.5%
2014 · €288k
2011: €240k
2012: €263k
2013: €282k
2014: €288k
2011 → 2014
EBIT margin
70.6%▼ 18.1pp
2014 · 88.7%
2011: 88.2%
2012: 91.4%
2013: 92.1%
2014: 88.7%
2011 → 2014
Net result
€44k▼ 64.7%
2014 · €125k
2011: €90k
2012: €112k
2013: €127k
2014: €125k
2011 → 2014
Working capital
€-1.17M▼ 60.2%
2014 · €-728k
2011: €60k
2012: €68k
2013: €45k
2014: €-728k
2011 → 2014
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20112012201320142014Trend
Turnover€240k-€263k▲ 9.5%€282k▲ 7.4%€288k▲ 2.2%€146k▼ 49.5%
Equity€1.76M-€1.88M▲ 6.4%€2.00M▲ 6.8%€2.13M▲ 6.2%€2.17M▲ 2.1%
Operating result€212k-€240k▲ 13.5%€260k▲ 8.1%€256k▼ 1.5%€103k▼ 59.8%
Net result€90k-€112k▲ 24.6%€127k▲ 13.1%€125k▼ 1.9%€44k▼ 64.7%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2014 in colour, 2014 as the grey bar beneath
Assets €4.74M
Fixed assets
€4.47M ▲ 12.1%
Current assets
€273k ▲ 19.3%
Equity and liabilities €4.74M
Equity
€2.17M ▲ 2.1%
Debt
€2.57M ▲ 23.1%
Debt's share of the balance-sheet total rises from 49.5% to 54.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▼
2014 · €269k
Cash flow
€76k▼
2014 · €138k
Current ratio
0.19▼
2014 · 0.24
Debt to equity
0.52▼
2014 · 0.53
ROE
2.0%▼
2014 · 5.9%
ROA
0.9%▼
2014 · 3.0%
Interest coverage
3.55▼
2014 · 4.00
Debt ≤ 1 year
€1.44M▲
2014 · €957k
Debt > 1 year
€1.13M=
2014 · €1.13M
Income taxes
€22k▼
2014 · €67k
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 · 2014 against 2014 · 25 lines
Balance sheet
Code20142014
Assets
Total assets20/58€4.22M€4.74M▲
Fixed assets21/28€3.99M€4.47M▲
Tangible fixed assets22/27€1.99M€2.47M▲
Financial fixed assets28€2.00M€2.00M=
Current assets29/58€229k€273k▲
Amounts receivable within one year40/41€214k€217k▲
Cash at bank and in hand54/58€15k€44k▲
Equity and liabilities
Total equity and liabilities10/49€4.22M€4.74M▲
Equity10/15€2.13M€2.17M▲
Contributions10/11€325k€325k=
Reserves13€793k€837k▲
Amounts payable17/49€2.09M€2.57M▲
Amounts payable after more than one year17€1.13M€1.13M=
Amounts payable within one year42/48€957k€1.44M▲
Trade debts44€746k€174k▼
Income statement
Code20142014
Turnover70€288k€146k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€32k▲
Operating profit (loss)9901€256k€103k▼
Recurring financial income75€4k€2k▼
Recurring financial charges65€68k€39k▼
Debt charges650€67k€38k▼
Profit (loss) for the period before taxes9903€192k€66k▼
Income taxes67/77€67k€22k▼
Profit (loss) for the period9904€125k€44k▼
Profit (loss) for the period to be appropriated9905€125k€44k▼
Timeline · acts, filings and financial milestones
2015
20-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 81 days late
14-08
State Gazette act
General meeting · Merger
Dissolution · Capital increase
13-05
State Gazette act
Merger proposal · Merger
Corporate purpose · Real estate
2014
31-12
Financial
Weakest financial yearnet €44k ▼64.7%
Net result drops to €44k, the lowest in the series.
19-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
17-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
30-06
Financial
Highest result since 2011net €127k ▲13.1%
Operating result €260k, net result €127k, both a record.
30-06
Financial
Equity above €2MEq €2.00M ▲6.8%
3 profitable years in a row build equity to €2.00M.
07-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2011
23-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
28-01
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
18-01
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
Show earlier events
2009
20-01
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
14-01
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2006
04-07
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:DE CLERCQ AANNEMINGEN BOUW EN WEGENBOUW