DEVACAL
Open bankruptcyFinancials · financial year 2014, abbreviated format
Equity
€238,608▼ 78.9%
2013 · €1.1m
Net result
-€893,914▼ 1,537%
2013 · -€54,613
Total assets
€9.5m▲ 1.0%
2013 · €9.4m
Solvency
2.5%▼ 9.6pp
2013 · 12.1%
Trend over the years
2010 to 2014, 5 financial years 2010 to 2014, 5 financial years
The operating result turns negative in 2014: a loss of €78,323 after €432,232 in 2013, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.08m
2014
Net result-€0.9m
2014
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€9.5m
2014
Equity€0.2m
2014
Debt€8.8m
2014
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2.8m
2014
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency2.5%
2014
Average staff in full-time equivalents (FTE).
Staff (FTE)5
2014
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132014
Operating result€0.2m-€0.4m▲ 128%€0.4m▼ 4.4%€0.4m▲ 20.1%-€0.08m
Net result-€0.1m-€0.02m-€0.06m-€0.05m▲ 12.9%-€0.9m▼ 1,537%
Equity€1.2m-€1.2m▲ 1.4%€1.2m▼ 5.0%€1.1m▼ 4.6%€0.2m▼ 78.9%
Total assets€9.9m-€9.8m▼ 0.7%€9.8m▼ 0.9%€9.4m▼ 3.8%€9.5m▲ 1.0%
Debt€8.7m-€8.6m▼ 1.0%€8.5m▼ 0.2%€8.2m▼ 3.7%€8.8m▲ 6.6%
Working capital-€2.2m--€2.2m▲ 0.3%-€1.9m▲ 14.9%-€1.9m▼ 4.2%-€2.8m▼ 46.4%
Solvency12.4%-12.7%▲ 0.3pp12.2%▼ 0.5pp12.1%▼ 0.1pp2.5%▼ 9.6pp
Staff (FTE)3.8-4.3▲ 13.2%5.3▲ 23.3%6▲ 13.2%5▼ 16.7%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €9.5m
Fixed assets
€9.3m ▲ 0.7%
Current assets
€164,265 ▲ 19.0%
Equity and liabilities €9.5m
Equity
€238,608 ▼ 78.9%
Provisions
€460,677 ▲ 2,367%
Debt
€8.8m ▲ 6.6%
Debt's share of the balance-sheet total rises from 87.7% to 92.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-374.6%▼
2013 · -4.8%
ROA
-9.4%▼
2013 · -0.6%
Debt ≤ 1 year
€3.0m▲
2013 · €2.1m
Debt > 1 year
€5.7m▼
2013 · €6.1m
Income taxes
€586▼
2013 · €589
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 44.5% |
| Gross operating margin9900 | €0.5m | €0.9m | €0.9m | €1.1m | €1.3m | ▲ 18.7% |
| Operating profit (loss)9901 | €0.2m | €0.4m | €0.4m | €0.4m | -€0.08m | - |
| Recurring financial income75 | €24 | €320 | €0.005m | €0.005m | €0.003m | ▼ 47.7% |
| Recurring financial charges65 | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | ▼ 22.7% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.009m | -€0.06m | -€0.06m | -€0.9m | ▼ 1,518% |
| Income taxes67/77 | €0.007m | -€0.007m | €0.006m | €0.001m | €0.001m | ▼ 0.5% |
| Profit (loss) for the period9904 | -€0.1m | €0.02m | -€0.06m | -€0.05m | -€0.9m | ▼ 1,537% |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.02m | -€0.06m | -€0.05m | -€0.9m | ▼ 1,613% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.9m | €9.8m | €9.8m | €9.4m | €9.5m | ▲ 1.0% |
| Fixed assets21/28 | €9.9m | €9.7m | €9.5m | €9.2m | €9.3m | ▲ 0.7% |
| Intangible fixed assets21 | - | - | €0.006m | - | €0.3m | - |
| Tangible fixed assets22/27 | €7.5m | €7.3m | €7.1m | €6.9m | €6.6m | ▼ 3.3% |
| Financial fixed assets28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | ▲ 0.8% |
| Current assets29/58 | €0.03m | €0.2m | €0.3m | €0.1m | €0.2m | ▲ 19.0% |
| Stocks and contracts in progress3 | - | - | €0.001m | - | €0.002m | - |
| Amounts receivable within one year40/41 | €0.03m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 6.6% |
| Cash at bank and in hand54/58 | €0.001m | €0.007m | €0.1m | €0.03m | €0.05m | ▲ 85.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.9m | €9.8m | €9.8m | €9.4m | €9.5m | ▲ 1.0% |
| Equity10/15 | €1.2m | €1.2m | €1.2m | €1.1m | €0.2m | ▼ 78.9% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 24.9% |
| Profit (loss) carried forward14 | -€0.02m | €0.002m | -€0.06m | -€0.1m | -€1.0m | ▼ 809% |
| Provisions and deferred taxes16 | €0.03m | €0.02m | €0.02m | €0.02m | €0.5m | ▲ 2,367% |
| Amounts payable17/49 | €8.7m | €8.6m | €8.5m | €8.2m | €8.8m | ▲ 6.6% |
| Amounts payable after more than one year17 | €6.4m | €6.2m | €6.4m | €6.1m | €5.7m | ▼ 5.5% |
| Amounts payable within one year42/48 | €2.2m | €2.4m | €2.1m | €2.1m | €3.0m | ▲ 44.5% |
| Trade debts44 | €0.02m | €0.008m | €0.04m | €0.06m | €0.2m | ▲ 339% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€104,167 | €17,562 | -€62,689 | -€54,613 | -€893,914 | ▼ 1,537% |
| + Depreciation and write-downs630 | €188,767 | €236,977 | €246,269 | €244,968 | €354,054 | ▲ 44.5% |
| Operating cash flow (approximation) | €84,600 | €254,539 | €183,580 | €190,355 | -€539,860 | - |
| Investment in fixed assets (approximation) | - | -€19,045 | -€78,497 | €6,000 | -€422,702 | - |
| Change in cash | - | €6,042 | €117,767 | -€96,739 | €24,202 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-46000243 |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-44700470 |
| 31-12-2012 | abbreviated format | 09-08-2013 | 2013-41200413 |
| 31-12-2011 | abbreviated format | 10-07-2012 | 2012-28000430 |
| 31-12-2010 | abbreviated format | 26-05-2011 | 2011-12800474 |
| 31-03-2010 | abbreviated format | 02-11-2010 | 2010-59700261 |
| 31-12-2008 | abbreviated format | 08-06-2009 | 2009-20200337 |
| 31-12-2007 | abbreviated format | 14-05-2008 | 2008-13600134 |
| 31-12-2006 | abbreviated format | 13-07-2007 | 2007-39400119 |
| 31-12-2005 | abbreviated format | 19-06-2006 | 2006-25700031 |
Similar companies · same sector, comparable size
GVDC
BE 0787.518.848
Aalter · equity €238,595
All-In
BE 1010.002.701
Merelbeke-Melle · equity €238,642
LVD CONSULTANCY
BE 0871.485.612
Brussel · equity €238,550
BOFE
BE 0641.918.086
Beerse · equity €238,490
JAHACO
BE 0837.531.652
Beernem · equity €238,756
Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,974. 13,761 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.