FISA DECOFAIR
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2014.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2014. Since then, 11 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2015 close31-07-2016 deadline16-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 03-09-2015, 34 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
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2014, full schema
Turnover
€1.24M▼ 93.1%
2013 · €17.99M
2010: €15.82M
2011: €17.42M
2012: €18.76M
2013: €17.99M
2010 → 2014
EBIT margin
-169.4%▼ 176.4pp
2013 · 7.0%
2010: -11.3%
2011: -3.7%
2012: -2.7%
2013: 7.0%
2010 → 2014
Net result
€-2.06M
2013 · €1.36M
2010: €-2.06M
2011: €-663k
2012: €-579k
2013: €1.36M
2010 → 2014
Working capital
€-1.53M▼ 152%
2013 · €-607k
2010: €-607k
2011: €1.49M
2012: €2.58M
2013: €-607k
2010 → 2014
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20102011201220132014Trend
Turnover€15.82M-€17.42M▲ 10.1%€18.76M▲ 7.7%€17.99M▼ 4.1%€1.24M▼ 93.1%
Equity€3.03M-€2.37M▼ 21.9%€1.79M▼ 24.5%€1.18M▼ 34.0%€-1.53M
Operating result€-1.78M-€-640k▲ 64.1%€-504k▲ 21.2%€1.26M€-2.10M
Net result€-2.06M-€-663k▲ 67.8%€-579k▲ 12.6%€1.36M€-2.06M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2014: a loss of €2.10M after €1.26M in 2013, the lowest result in the available series.
Key figures and ratios
EBITDA
€-746k▼
2013 · €3.41M
Cash flow
€-707k▼
2013 · €3.51M
Solvency
-91.7%▼
2013 · 16.9%
Current ratio
0.52▼
2013 · 0.90
Quick ratio
0.52▼
2013 · 0.90
ROA
-123.4%▼
2013 · 19.4%
Interest coverage
-272.49▼
2013 · 8.47
Debt
€3.20M▼
2013 · €5.81M
Debt ≤ 1 year
€3.20M▼
2013 · €5.80M
Income taxes
€29k▲
2013 · €476
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 · 2014 against 2013
Balance sheet
Code20132014
Assets
Total assets20/58€6.99M€1.67M▼
Fixed assets21/28€1.80M-
Intangible fixed assets21€1.78M-
Financial fixed assets28€22k-
Current assets29/58€5.19M€1.67M▼
Amounts receivable within one year40/41€921k€1.60M▲
Cash at bank and in hand54/58€4.04M€58k▼
Equity and liabilities
Total equity and liabilities10/49€6.99M€1.67M▼
Equity10/15€1.18M€-1.53M▼
Contributions10/11€335k€150k▼
Reserves13€257k€115k▼
Profit (loss) carried forward14€247k€-1.95M▼
Amounts payable17/49€5.81M€3.20M▼
Amounts payable after more than one year17€3k-
Amounts payable within one year42/48€5.80M€3.20M▼
Trade debts44€2.68M€1.15M▼
Income statement
Code20132014
Turnover70€17.99M€1.24M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.15M€1.35M▼
Operating profit (loss)9901€1.26M€-2.10M▼
Recurring financial income75€397k€7k▼
Recurring financial charges65€432k€13k▼
Debt charges650€403k€3k▼
Profit (loss) for the period before taxes9903€1.36M€-2.03M▼
Income taxes67/77€476€29k▲
Profit (loss) for the period9904€1.36M€-2.06M▼
Profit (loss) for the period to be appropriated9905€1.36M€-2.06M▼
Timeline · acts, filings and financial milestones
2015
03-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 34 days late
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
14-02
State Gazette act
General meeting · Demerger
Incorporation · Founding capital
2013
31-12
Financial
Back to profitnet €1.36M
Net result €1.36M after 3 loss-making years.
16-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 47 days late
2012
23-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 23 days late
2011
13-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2009
22-12
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
27-02
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 27 days late
2007
24-12
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
28-02
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 28 days late
2006
10-02
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 10 days late
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 business line to:FISA BATIBOUW