ERNST & YOUNG SPECIALIST ADVISORY SERVICES
InactiveInactive; last annual accounts for fiscal year 2015.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2015 was due by 31-01-2016 and was filed on 04-01-2016, 27 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2015
27 d early
2014
33 d early
2013
2 d early
2011
45 d late
2010
30 d early
2009
30 d early
2008
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2015, full schema
Turnover
€1.07M▼ 49.3%
2014 · €2.11M
2013: €2.85M
2014: €2.11M
2013 → 2015
EBIT margin
-6.7%▼ 16.1pp
2014 · 9.4%
2013: 1.7%
2014: 9.4%
2013 → 2015
Net result
€4k▼ 43.7%
2014 · €7k
2011: €575
2013: €971
2014: €7k
2011 → 2015
Working capital
€118k▼ 7.8%
2014 · €128k
2011: €200k
2013: €194k
2014: €128k
2011 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2011201320142015Trend
Turnover€2.85M€2.11M▼ 25.9%€1.07M▼ 49.3%
Equity€70k-€131k▲ 87.5%€133k▲ 2.1%€134k▲ 0.3%
Operating result€138k-€47k▼ 65.9%€198k▲ 321%€-72k
Net result€575-€971▲ 68.9%€7k▲ 596%€4k▼ 43.7%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2015: a loss of €72k after €198k in 2014, the lowest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €783k
Fixed assets
€20k ▲ 132%
Current assets
€763k ▼ 13.5%
Equity and liabilities €783k
Equity
€134k ▲ 0.3%
Debt
€649k ▼ 14.3%
Debt's share of the balance-sheet total falls from 85.0% to 82.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.18▲
2014 · 1.17
ROE
2.8%▼
2014 · 5.1%
ROA
0.5%▼
2014 · 0.8%
Debt ≤ 1 year
€645k▼
2014 · €754k
Income taxes
€-595▼
2014 · €19k
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 · 25 lines
Balance sheet
Code20142015
Assets
Total assets20/58€890k€783k▼
Fixed assets21/28€8k€20k▲
Financial fixed assets28€8k€20k▲
Current assets29/58€882k€763k▼
Stocks and contracts in progress3€72k€446k▲
Amounts receivable within one year40/41€761k€280k▼
Equity and liabilities
Total equity and liabilities10/49€890k€783k▼
Equity10/15€133k€134k▲
Contributions10/11€122k€122k=
Reserves13€7k€7k▲
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€757k€649k▼
Amounts payable within one year42/48€754k€645k▼
Trade debts44€472k€260k▼
Income statement
Code20142015
Turnover70€2.11M€1.07M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€540-
Operating profit (loss)9901€198k€-72k▼
Recurring financial income75€7k€77k▲
Recurring financial charges65€11k€5k▼
Debt charges650€9k€2k▼
Profit (loss) for the period before taxes9903€25k€3k▼
Income taxes67/77€19k€-595▼
Profit (loss) for the period9904€7k€4k▼
Profit (loss) for the period to be appropriated9905€7k€4k▼
Appropriation of the result
Return on contributions (dividend)694€4k€3k▼
Timeline · acts, filings and financial milestones
2016
04-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
20-10
State Gazette act
General meeting · Merger
Approval · Share issue · Eric SPRUYT
18-08
State Gazette act
Board meeting · Merger
Share issue · Accounting effect
16-06
State Gazette act
Merger · Permanent representative
Corporate purpose · Share issue
2014
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
30-06
Financial
Highest result since 2011net €7k ▲596%
Operating result €198k, net result €7k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
30-06
Financial
Equity above €100kEq €131k ▲87.5%
2 profitable years in a row build equity to €131k.
2012
14-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 45 days late
2011
01-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
01-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
30-06
NBB filing
Annual accounts filed
fiscal year 2008 · 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:Ernst & Young Assurance Services