EUROSTATION
InactiveInactive; last annual accounts for fiscal year 2018.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 02-07-2019, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2018
152 d late
2017
61 d early
2016
63 d early
2015
62 d early
2014
70 d early
2013
69 d early
2012
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, full schema
Turnover
€29.56M▼ 20.5%
2017 · €37.19M
2014: €55.95M
2015: €83.91M
2016: €88.50M
2017: €37.19M
2014 → 2018
EBIT margin
7.4%▲ 18.0pp
2017 · -10.6%
2014: 4.4%
2015: 1.7%
2016: 19.2%
2017: -10.6%
2014 → 2018
Net result
€3.05M
2017 · €-5.33M
2014: €10.32M
2015: €3.02M
2016: €19.09M
2017: €-5.33M
2014 → 2018
Working capital
€157.36M▲ 5.2%
2017 · €149.60M
2014: €137.26M
2015: €134.00M
2016: €158.41M
2017: €149.60M
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Turnover€55.95M-€83.91M▲ 50.0%€88.50M▲ 5.5%€37.19M▼ 58.0%€29.56M▼ 20.5%
Equity€141.64M-€144.66M▲ 2.1%€155.75M▲ 7.7%€150.42M▼ 3.4%€153.47M▲ 2.0%
Operating result€2.46M-€1.41M▼ 42.7%€17.03M▲ 1,109%€-3.96M€2.18M
Net result€10.32M-€3.02M▼ 70.8%€19.09M▲ 533%€-5.33M€3.05M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2018: €2.18M after a loss of €3.96M in 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €301.46M
Fixed assets
€5.86M ▼ 46.8%
Current assets
€295.59M ▼ 4.1%
Equity and liabilities €301.46M
Equity
€153.47M ▲ 2.0%
Provisions
€6.81M ▼ 6.2%
Debt
€141.17M ▼ 12.6%
Debt's share of the balance-sheet total falls from 50.6% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.34M▲
2017 · €-3.32M
Cash flow
€3.22M▲
2017 · €-4.69M
Current ratio
2.14▲
2017 · 1.94
Quick ratio
1.70▲
2017 · 1.56
Debt to equity
0.00▼
2017 · 0.00
ROE
2.0%▲
2017 · -3.5%
ROA
1.0%▲
2017 · -1.7%
Interest coverage
849.22▲
2017 · -126.02
Debt ≤ 1 year
€138.24M▼
2017 · €158.63M
Debt > 1 year
€141k=
2017 · €141k
Income taxes
€4k▼
2017 · €1.52M
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 · 30 lines
Balance sheet
Code20172018
Assets
Total assets20/58€319.25M€301.46M▼
Fixed assets21/28€11.02M€5.86M▼
Intangible fixed assets21€110k€104k▼
Tangible fixed assets22/27€2.89M€2.76M▼
Financial fixed assets28€8.02M€3.00M▼
Current assets29/58€308.23M€295.59M▼
Stocks and contracts in progress3€60.50M€60.79M▲
Amounts receivable within one year40/41€30.37M€17.77M▼
Current investments50/53€102.80M€101.22M▼
Cash at bank and in hand54/58€98k€96k▼
Equity and liabilities
Total equity and liabilities10/49€319.25M€301.46M▼
Equity10/15€150.42M€153.47M▲
Contributions10/11€74.50M€74.50M=
Reserves13€7.63M€7.63M=
Profit (loss) carried forward14€68.29M€71.34M▲
Provisions and deferred taxes16€7.27M€6.81M▼
Amounts payable17/49€161.57M€141.17M▼
Amounts payable after more than one year17€141k€141k=
Amounts payable within one year42/48€158.63M€138.24M▼
Trade debts44€33.96M€31.62M▼
Income statement
Code20172018
Turnover70€37.19M€29.56M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637k€168k▼
Operating profit (loss)9901€-3.96M€2.18M▲
Recurring financial income75€189k€120k▼
Recurring financial charges65€36k€7k▼
Debt charges650€26k€3k▼
Profit (loss) for the period before taxes9903€-3.80M€3.05M▲
Income taxes67/77€1.52M€4k▼
Profit (loss) for the period9904€-5.33M€3.05M▲
Profit (loss) for the period to be appropriated9905€-5.33M€3.05M▲
Timeline · acts, filings and financial milestones
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 152 days late
2018
30-06
Financial
Back to profitnet €3.05M
Net result €3.05M after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-12
Financial
Weakest financial yearnet €-5.33M ▼128%
Net result drops to €-5.33M, the lowest in the series.
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Highest result since 2014net €19.09M ▲533%
Operating result €17.03M, net result €19.09M, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
08-01
State Gazette act
Board meeting · Branch transfer
Accounting effect
08-01
State Gazette act
Merger · Accounting effect
Board meeting · Tim CARNEWAL
2015
22-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
03-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Show earlier events
2012
05-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
27-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
24-06
NBB filing
Annual accounts filed
fiscal year 2009 · 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 transactionContributed a branch of activity to:Nationale Maatschappij der Belgische Spoorwegen