ELECTRO-LINE
InactiveInactive; last annual accounts for fiscal year 2018.
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 31-03-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-03-2019 close31-10-2019 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 31-10-2018, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
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 2018, abbreviated schema
Equity
€302k▼ 39.3%
2017 · €498k
2014: €379k
2015: €432k
2016: €474k
2017: €498k
2014 → 2018
Total assets
€1.05M▲ 6.1%
2017 · €990k
2014: €1.15M
2015: €1.22M
2016: €1.04M
2017: €990k
2014 → 2018
Net result
€-196k
2017 · €24k
2014: €33k
2015: €53k
2016: €41k
2017: €24k
2014 → 2018
Working capital
€265k▼ 7.6%
2017 · €287k
2014: €384k
2015: €410k
2016: €214k
2017: €287k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Equity€379k-€432k▲ 14.0%€474k▲ 9.5%€498k▲ 5.1%€302k▼ 39.3%
Operating result€74k-€125k▲ 69.4%€117k▼ 6.6%€67k▼ 42.4%€-190k
Net result€33k-€53k▲ 62.6%€41k▼ 22.7%€24k▼ 41.6%€-196k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2018: a loss of €190k after €67k in 2017, the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €1.05M
Fixed assets
€297k ▲ 7.2%
Current assets
€753k ▲ 5.7%
Equity and liabilities €1.05M
Equity
€302k ▼ 39.3%
Debt
€749k ▲ 52.1%
Debt's share of the balance-sheet total rises from 49.7% to 71.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-83k▼
2017 · €177k
Cash flow
€-88k▼
2017 · €134k
Current ratio
1.54▼
2017 · 1.67
Quick ratio
1.42▲
2017 · 1.34
Debt to equity
0.40▲
2017 · 0.13
ROE
-64.8%▼
2017 · 4.8%
ROA
-18.6%▼
2017 · 2.4%
Debt ≤ 1 year
€488k▲
2017 · €426k
Debt > 1 year
€122k▲
2017 · €66k
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 · 2018 against 2017 · 25 lines
Balance sheet
Code20172018
Assets
Total assets20/58€990k€1.05M▲
Fixed assets21/28€277k€297k▲
Tangible fixed assets22/27€277k€297k▲
Current assets29/58€713k€753k▲
Stocks and contracts in progress3€144k€61k▼
Amounts receivable within one year40/41€520k€609k▲
Cash at bank and in hand54/58€26k€57k▲
Equity and liabilities
Total equity and liabilities10/49€990k€1.05M▲
Equity10/15€498k€302k▼
Contributions10/11€332k€332k=
Reserves13€165k€160k▼
Profit (loss) carried forward14€65€-190k▼
Amounts payable17/49€492k€749k▲
Amounts payable after more than one year17€66k€122k▲
Amounts payable within one year42/48€426k€488k▲
Trade debts44€150k€217k▲
Income statement
Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€107k▼
Gross operating margin9900€1.22M€956k▼
Operating profit (loss)9901€67k€-190k▼
Recurring financial income75€944€281▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€62k€-196k▼
Income taxes67/77€38k-
Profit (loss) for the period9904€24k€-196k▼
Profit (loss) for the period to be appropriated9905€24k€-196k▼
Timeline · acts, filings and financial milestones
2019
14-05
State Gazette act
Merger · Accounting effect
Power of attorney · Permanent representative
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-196k
Net result drops to €-196k, the lowest in the series.
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
31-03
Financial
Highest result since 2014net €53k ▲62.6%
Operating result €125k, net result €53k, both a record.
2014
14-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 14 days late
2013
29-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
09-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 160 days late
2011
31-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 61 days late
2010
31-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
30-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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 transactionTaken over by:TRUSTTEAM