FINAUTO
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2018.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 04-02-2019, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2018
4 d late
2017
97 d early
2016
102 d early
2015
97 d early
2014
102 d early
2013
100 d early
2012
90 d early
← before the deadline
after the deadline →
Financials · fiscal year 2018, full schema
Turnover
€354k▼ 71.6%
2017 · €1.25M
2014: €773k
2015: €1.11M
2016: €1.28M
2017: €1.25M
2014 → 2018
EBIT margin
5.2%▲ 4.9pp
2017 · 0.3%
2014: 1.1%
2015: -2.0%
2016: 0.0%
2017: 0.3%
2014 → 2018
Net result
€18k▲ 416%
2017 · €4k
2014: €15k
2015: €-19k
2016: €793
2017: €4k
2014 → 2018
Working capital
€1.63M▲ 20.2%
2015 · €1.35M
2014: €1.19M
2015: €1.35M
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20142015201620172018Trend
Turnover€773k-€1.11M▲ 43.9%€1.28M▲ 15.5%€1.25M▼ 2.8%€354k▼ 71.6%
Equity€269k-€250k▼ 7.0%€251k▲ 0.3%€255k▲ 1.4%€273k▲ 7.2%
Operating result€8k-€-22k€507€3k▲ 579%€18k▲ 434%
Net result€15k-€-19k€793€4k▲ 349%€18k▲ 416%
Result per fiscal year
Operating resultNet result
After the dip in 2015 the operating result has climbed three years in a row; 2018 is 434% above 2017 and is the highest year so far.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Equity and liabilities €1.49M
Equity
€273k▲ 7.2%
Debt
€1.22M▼ 11.3%
The debt ratio falls from 84.4% to 81.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
18.3%▲
2017 · 15.6%
ROE
6.7%▲
2017 · 1.4%
ROA
1.2%▲
2017 · 0.2%
Debt
€1.22M▼
2017 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2018 against 2017
Balance sheet
Code20172018
Assets
Total assets20/58€1.63M€1.49M▼
Current assets29/58€1.63M€1.49M▼
Amounts receivable within one year40/41-€86k
Cash at bank and in hand54/58€1.58M€1.41M▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.49M▼
Equity10/15€255k€273k▲
Contributions10/11€149k€149k=
Reserves13€103k€103k=
Profit (loss) carried forward14€3k€21k▲
Amounts payable17/49€1.37M€1.22M▼
Amounts payable within one year42/48€707-
Trade debts44€707-
Income statement
Code20172018
Turnover70€1.25M€354k▼
Operating profit (loss)9901€3k€18k▲
Recurring financial income75€135-
Recurring financial charges65€11-
Debt charges650€11-
Profit (loss) for the period before taxes9903€4k€18k▲
Profit (loss) for the period9904€4k€18k▲
Profit (loss) for the period to be appropriated9905€4k€18k▲
Timeline · acts, filings and financial milestones
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 4 days late
2018
26-10
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
28-08
State Gazette act
Merger · Accounting effect
30-06
Financial
Highest result since 2014net €18k ▲416%
Operating result €18k, net result €18k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Back to profitnet €793
Net result €793 after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet €-19k ▼227%
Net result drops to €-19k, the lowest in the series.
20-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
22-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
02-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
19-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
21-04
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
29-04
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 transactionTaken over by:BANK J. VAN BREDA & Co