Flodeq
Open bankruptcyFinancials · financial year 2016, abbreviated format
Turnover
≈ €80,000
Estimated: probably between €40,000 and €170,000
Total assets
€58,157▲ 29.6%
2015 · €44,871
Net result
€7,911▼ 9.3%
2015 · €8,718
Working capital
€47,896▲ 40.1%
2015 · €34,184
Trend over the years
2013 to 2016, 4 financial years
The operating result recovers in 2016; 2016 is 12% above 2015.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€11,434
2016
Net result€7,911
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€58,157
2016
Equity€43,103
2016
Debt€15,054
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€47,896
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
Line2013201420152016
Operating result€31,006-€13,251▼ 57.3%€10,184▼ 23.1%€11,434▲ 12.3%
Net result€20,728-€10,841▼ 47.7%€8,718▼ 19.6%€7,911▼ 9.3%
Equity€27,728-€26,475▼ 4.5%€35,192▲ 32.9%€43,103▲ 22.5%
Total assets€41,657-€42,857▲ 2.9%€44,871▲ 4.7%€58,157▲ 29.6%
Debt€13,929-€16,382▲ 17.6%€9,679▼ 40.9%€15,054▲ 55.5%
Working capital€22,200-€22,805▲ 2.7%€34,184▲ 49.9%€47,896▲ 40.1%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €58,157
Fixed assets
€950 ▼ 5.8%
Current assets
€57,207 ▲ 30.4%
Equity and liabilities €58,157
Equity
€43,103 ▲ 22.5%
Debt
€15,054 ▲ 55.5%
Debt's share of the balance-sheet total rises from 21.6% to 25.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,609▼
2015 · €13,068
Cash flow
€9,086▼
2015 · €11,603
Current ratio
6.14▲
2015 · 4.53
ROE
18.4%▼
2015 · 24.8%
ROA
13.6%▼
2015 · 19.4%
Debt ≤ 1 year
€9,311▼
2015 · €9,679
Income taxes
€3,459▲
2015 · €2,798
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,575 | €3,035 | €2,885 | €1,175 | ▼ 59.3% |
| Gross operating margin9900 | €54,215 | €17,090 | €30,055 | €14,016 | ▼ 53.4% |
| Operating profit (loss)9901 | €31,006 | €13,251 | €10,184 | €11,434 | ▲ 12.3% |
| Recurring financial income75 | €973 | €1,666 | €2,351 | €2,926 | ▲ 24.4% |
| Recurring financial charges65 | €274 | €313 | €1,019 | €1,357 | ▲ 33.1% |
| Profit (loss) for the period before taxes9903 | €31,705 | €14,603 | €11,516 | €11,370 | ▼ 1.3% |
| Income taxes67/77 | €10,978 | €3,763 | €2,798 | €3,459 | ▲ 23.6% |
| Profit (loss) for the period9904 | €20,728 | €10,841 | €8,718 | €7,911 | ▼ 9.3% |
| Profit (loss) for the period to be appropriated9905 | €20,728 | €10,841 | €8,718 | €7,911 | ▼ 9.3% |
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €41,657 | €42,857 | €44,871 | €58,157 | ▲ 29.6% |
| Fixed assets21/28 | €6,929 | €3,894 | €1,009 | €950 | ▼ 5.8% |
| Tangible fixed assets22/27 | €6,929 | €3,894 | €1,009 | €950 | ▼ 5.8% |
| Current assets29/58 | €34,729 | €38,963 | €43,862 | €57,207 | ▲ 30.4% |
| Amounts receivable within one year40/41 | €33,781 | €38,837 | €43,862 | €53,174 | ▲ 21.2% |
| Cash at bank and in hand54/58 | €669 | €6 | - | €3,536 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €41,657 | €42,857 | €44,871 | €58,157 | ▲ 29.6% |
| Equity10/15 | €27,728 | €26,475 | €35,192 | €43,103 | ▲ 22.5% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €20,728 | €19,475 | €28,192 | €36,103 | ▲ 28.1% |
| Amounts payable17/49 | €13,929 | €16,382 | €9,679 | €15,054 | ▲ 55.5% |
| Amounts payable within one year42/48 | €12,529 | €16,159 | €9,679 | €9,311 | ▼ 3.8% |
| Trade debts44 | €1,123 | €5,795 | €2,966 | €3,320 | ▲ 11.9% |
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,728 | €10,841 | €8,718 | €7,911 | ▼ 9.3% |
| + Depreciation and write-downs630 | €5,575 | €3,035 | €2,885 | €1,175 | ▼ 59.3% |
| Operating cash flow (approximation) | €26,302 | €13,876 | €11,603 | €9,086 | ▼ 21.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,116 | - |
| Change in cash | - | -€663 | - | - | - |
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 (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2016 | abbreviated format | 28-04-2017 | 2017-10600496 |
| 30-09-2015 | abbreviated format | 25-03-2016 | 2016-07700463 |
| 30-09-2014 | abbreviated format | 01-12-2015 | 2015-68100352 |
| 30-09-2013 | abbreviated format | 28-03-2014 | 2014-08200581 |
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Of the 663 active companies whose main activity is design and construction of stages and sets (NACE 90392), figures are known for 216. 171 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.