EXCELERATE
InactiveFinancials · financial year 2018, full format
Turnover
€28.6m
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€34.9m
Working capital
€66.3m
Balance-sheet composition
Equity and liabilities €140.6m
Equity
€66.3m
Debt
€74.3m
Debt finances 52.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€47.8m
Cash flow
€45.0m
Current ratio
1.89
Debt to equity
1.12
ROE
52.6%
ROA
24.8%
Interest coverage
17.29
Debt ≤ 1 year
€74.3m
Income taxes
€5,948
Annual accounts
| Line | 2018 |
|---|---|
| Operating income70/76A | €57.1m |
| Turnover70 | €28.6m |
| Other operating income74 | €2.8m |
| Non-recurring operating income76A | €25.7m |
| Operating charges60/66A | €19.5m |
| Services and other goods61 | €9.3m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10.1m |
| Other operating charges640/8 | €0.02m |
| Operating profit (loss)9901 | €37.6m |
| Recurring financial income75 | €0.05m |
| Income from current assets751 | €0.03m |
| Other financial income752/9 | €0.02m |
| Financial charges65/66B | €2.8m |
| Recurring financial charges65 | €2.8m |
| Debt charges650 | €2.8m |
| Other financial charges652/9 | €0.04m |
| Profit (loss) for the period before taxes9903 | €34.9m |
| Income taxes67/77 | €0.006m |
| Taxes670/3 | €0.006m |
| Profit (loss) for the period9904 | €34.9m |
| Profit (loss) for the period to be appropriated9905 | €34.9m |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €140.6m | |
| Current assets29/58 | €140.6m | |
| Amounts receivable within one year40/41 | €139.9m | |
| Trade receivables40 | €139.9m | |
| Other amounts receivable41 | €0.04m | |
| Cash at bank and in hand54/58 | €0.7m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €140.6m | |
| Equity10/15 | €66.3m | |
| Contributions10/11 | €0.1m | |
| Capital10 | €0.1m | |
| Issued capital100 | €0.1m | |
| Reserves13 | €0.01m | |
| Legal reserve130 | €0.01m | |
| Profit (loss) carried forward14 | €66.2m | |
| Amounts payable17/49 | €74.3m | |
| Amounts payable within one year42/48 | €74.3m | |
| Financial debts43 | €73.6m | |
| Other loans439 | €73.6m | |
| Trade debts44 | €0.6m | |
| Suppliers440/4 | €0.6m | |
| Other amounts payable47/48 | €0.004m | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €34.9m |
| + Depreciation and write-downs630 | €10.1m |
| Operating cash flow (approximation) | €45.0m |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2018 | full format | 14-06-2019 | 2019-19100482 |
| 31-12-2017 | full format | 18-06-2018 | 2018-20100177 |
| 31-12-2016 | full format | 20-07-2017 | 2017-36000303 |
| 31-12-2015 | full format | 14-06-2016 | 2016-18400575 |
| 31-12-2014 | full format | 11-06-2015 | 2015-16800237 |
| 31-12-2013 | full format | 11-06-2014 | 2014-17100358 |
| 31-12-2012 | full format | 28-05-2013 | 2013-13700549 |
| 31-12-2011 | full format | 29-05-2012 | 2012-13300528 |
| 31-12-2010 | full format | 01-06-2011 | 2011-14300573 |
| 31-12-2009 | full format | 18-06-2010 | 2010-19700503 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.