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EIGEN HEERD IS GOUD WEERD

Inactive
KBO/BCE: BE 0400.026.911

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 deadline17-09-2026 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 12-06-2018, 49 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
€1.22M▼ 8.4%
2015 · €1.33M
2013: €1.73M 2014: €1.56M 2015: €1.33M
2013 → 2017
EBIT margin
4.7%▼ 5.4pp
2015 · 10.1%
2013: 11.2% 2014: 8.9% 2015: 10.1%
2013 → 2017
Net result
€51k▼ 70.9%
2015 · €174k
2013: €189k 2014: €137k 2015: €174k
2013 → 2017
Working capital
€26.55M▼ 15.8%
2015 · €31.51M
2013: €35.65M 2014: €34.19M 2015: €31.51M
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2013201420152017Trend
Turnover€1.73M-€1.56M▼ 9.4%€1.33M▼ 14.7%€1.22M▼ 8.4%
Equity€4.19M-€4.33M▲ 3.3%€4.50M▲ 4.0%€5.42M▲ 20.3%
Operating result€193k-€139k▼ 27.7%€134k▼ 3.6%€58k▼ 57.1%
Net result€189k-€137k▼ 27.2%€174k▲ 26.9%€51k▼ 70.9%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2013: €193k€193kNet result 2013: €189k€189kOperating result 2014: €139k€139kNet result 2014: €137k€137kOperating result 2015: €134k€134kNet result 2015: €174k€174kOperating result 2017: €58k€58kNet result 2017: €51k€51k2013201420152017
The operating result is €58k in 2017, compared with €134k in 2015. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2017 in colour, 2015 as the grey bar beneath
Assets €35.21M
Fixed assets €167k▼ 90.9%
Current assets €35.04M▲ 2.2%
Equity and liabilities €35.50M
Equity €5.42M▲ 20.3%
Provisions €13k▼ 86.2%
Debt €30.07M▼ 4.6%
The debt ratio falls from 87.3% to 84.7%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2015
EBITDA
€206k
2015 · €268k
Cash flow
€199k
2015 · €308k
Solvency
15.3%
2015 · 12.5%
Current ratio
4.12
2015 · 12.35
Quick ratio
4.12
2015 · 12.35
Debt / equity
3.93
2015 · 6.33
ROE
0.9%
2015 · 3.9%
ROA
0.1%
2015 · 0.5%
Debt
€30.07M
2015 · €31.52M
Debt ≤ 1 year
€8.50M
2015 · €2.78M
Debt > 1 year
€21.31M
2015 · €28.51M
Income taxes
€-6k
2015 · €4k
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 2015
Balance sheet Code20152017
Assets
Total assets20/58€36.11M€35.50M
Formation expenses20€569k€294k
Fixed assets21/28€1.83M€167k
Tangible fixed assets22/27€187k€167k
Financial fixed assets28€1.07M€89
Current assets29/58€34.29M€35.04M
Amounts receivable within one year40/41€2.89M€2.95M
Current investments50/53€4k€154k
Cash at bank and in hand54/58€3.38M€1.86M
Equity and liabilities
Total equity and liabilities10/49€36.11M€35.50M
Equity10/15€4.50M€5.42M
Contributions10/11€110k€110k=
Reserves13€3.97M€4.65M
Profit (loss) carried forward14€312k€547k
Provisions and deferred taxes16€96k€13k
Amounts payable17/49€31.52M€30.07M
Amounts payable after more than one year17€28.51M€21.31M
Amounts payable within one year42/48€2.78M€8.50M
Trade debts44€197k€146k
Income statement Code20152017
Turnover70€1.33M€1.22M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€149k
Operating profit (loss)9901€134k€58k
Recurring financial income75€65k€9k
Recurring financial charges65€20k€22k
Profit (loss) for the period before taxes9903€179k€44k
Income taxes67/77€4k€-6k
Profit (loss) for the period9904€174k€51k
Profit (loss) for the period to be appropriated9905€174k€51k

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Timeline · acts, filings and financial milestones

2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
29-05
State Gazette act Merger · Accounting effect
Capital · Corporate purpose
2017
31-12
Financial Weakest financial yearnet €51k ▼70.9%
Net result drops to €51k, the lowest in the series.
31-12
Financial Equity above €5MEq €5.42M ▲20.3%
4 profitable years in a row build equity to €5.42M.
14-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 106 days late
2016
02-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 94 days late
2015
05-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
30-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
26-06
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
29-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
25-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
24-06
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2009
17-04
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
BE 0400.941.184proposal · State Gazette act of 29-05-2018

Group per the LEI register

1 parent company
Parent company:PATRONALE LIFE
BE 0403.288.089Brussels, Belgium · LEI lapsed

Recognitions · licences · registrations

Legal Entity Identifier

549300GZMSF08GHV1D28
no longer live in the LEI register