F.T. CONSTRUCTIONS
Open bankruptcyFinancials · financial year 2016, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13,434
2015 · -€6,806
Working capital
€51,896▲ 52.5%
2015 · €34,039
Trend over the years
2014 to 2016, 3 financial years 2014 to 2016, 3 financial years
The operating result returns to profit in 2016: €13,955 after a loss of €6,398 in 2015, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€13,955
2016
Net result€13,434
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€78,496
2016
Equity€48,730
2016
Debt€29,766
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€51,896
2016
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201420152016
Operating result€11,276--€6,398€13,955
Net result€10,863--€6,806€13,434
Equity€42,102-€35,297▼ 16.2%€48,730▲ 38.1%
Total assets€53,651-€43,703▼ 18.5%€78,496▲ 79.6%
Debt€11,548-€8,406▼ 27.2%€29,766▲ 254%
Working capital€39,737-€34,039▼ 14.3%€51,896▲ 52.5%
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €78,496
Fixed assets
€150 ▼ 88.1%
Current assets
€78,346 ▲ 84.6%
Equity and liabilities €78,496
Equity
€48,730 ▲ 38.1%
Debt
€29,766 ▲ 254%
Debt's share of the balance-sheet total rises from 19.2% to 37.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,063▲
2015 · -€5,291
Cash flow
€14,541▲
2015 · -€5,698
Current ratio
2.96▼
2015 · 5.05
Debt to equity
0.07
ROE
27.6%▲
2015 · -19.3%
ROA
17.1%▲
2015 · -15.6%
Debt ≤ 1 year
€26,451▲
2015 · €8,406
Debt > 1 year
€3,315
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,170 | €1,107 | €1,108 | = |
| Gross operating margin9900 | €12,573 | -€5,163 | €15,393 | - |
| Operating profit (loss)9901 | €11,276 | -€6,398 | €13,955 | - |
| Recurring financial charges65 | €413 | €407 | €521 | ▲ 28.0% |
| Profit (loss) for the period before taxes9903 | €10,863 | -€6,806 | €13,434 | - |
| Profit (loss) for the period9904 | €10,863 | -€6,806 | €13,434 | - |
| Profit (loss) for the period to be appropriated9905 | €10,863 | -€6,806 | €13,434 | - |
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €53,651 | €43,703 | €78,496 | ▲ 79.6% |
| Fixed assets21/28 | €2,365 | €1,258 | €150 | ▼ 88.1% |
| Tangible fixed assets22/27 | €2,215 | €1,108 | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | = |
| Current assets29/58 | €51,286 | €42,445 | €78,346 | ▲ 84.6% |
| Amounts receivable within one year40/41 | €51,286 | €42,445 | €78,346 | ▲ 84.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €53,651 | €43,703 | €78,496 | ▲ 79.6% |
| Equity10/15 | €42,102 | €35,297 | €48,730 | ▲ 38.1% |
| Contributions10/11 | €10,700 | €10,700 | €10,700 | = |
| Reserves13 | €13,903 | €13,903 | €13,903 | = |
| Profit (loss) carried forward14 | €17,499 | €10,694 | €24,127 | ▲ 126% |
| Amounts payable17/49 | €11,548 | €8,406 | €29,766 | ▲ 254% |
| Amounts payable after more than one year17 | - | - | €3,315 | - |
| Amounts payable within one year42/48 | €11,548 | €8,406 | €26,451 | ▲ 215% |
| Trade debts44 | €9,049 | €7,498 | €22,115 | ▲ 195% |
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,863 | -€6,806 | €13,434 | - |
| + Depreciation and write-downs630 | €1,170 | €1,107 | €1,108 | = |
| Operating cash flow (approximation) | €12,032 | -€5,698 | €14,541 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | full format | 12-07-2017 | 2017-31000087 |
| 31-12-2015 | full format | 23-08-2016 | 2016-49700578 |
| 31-12-2014 | full format | 24-06-2015 | 2015-23000247 |
| 31-12-2013 | full format | 27-08-2014 | 2014-48000348 |
| 31-12-2011 | full format | 30-07-2012 | 2012-38300283 |
| 31-12-2010 | full format | 25-07-2011 | 2011-36300572 |
| 31-12-2009 | full format | 31-07-2010 | 2010-37400131 |
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Of the 15,141 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,422. 6,065 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.