GESTICO
Annual accounts 2016
full format, standalone accounts, filed on 05-12-2016, 57 days before the deadlineEquity
€3.6m
▼ 11.9%
Operating result
-€8,101
▲ €601
Profit
€17,616
▲ €18,228
Working capital
€1.4m
▼ 26.1%
Solvency
87.6%
▼ 12.1 percentage points
Current ratio
3.71
The company also filed consolidated accounts, with the figures of the whole group.
Turnover: not included in this filing.
Balance sheet
balance sheet total €4.1m on 30-06-2016What the company ownsHow it is paid for
Change in equityin €m
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
Total assets20/58 |
4.1m | 4.1m | 4.1m | 2.8m | 2.8m | 2.8m | 2.8m | 2.8m | |
Fixed assets21/28 |
2.2m | 2.2m | 2.2m | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | |
Financial fixed assets28 |
2.2m | 2.2m | 2.2m | 2.7m | 2.7m | 2.7m | 2.7m | 2.7m | |
Affiliated companies280/1 |
2.2m | 2.2m | 2.2m | 2.2m | 2.2m | - | - | - | |
Participating interests280 |
2.2m | 2.2m | 2.2m | 2.2m | 2.2m | - | - | - | |
Other financial fixed assets284/8 |
- | - | - | 534,000 | 534,000 | - | - | - | |
Shares284 |
- | - | - | 534,000 | 534,000 | - | - | - | |
Current assets29/58 |
1.9m | 1.9m | 1.9m | 40,774 | 35,147 | 36,456 | 38,228 | 38,852 | |
Amounts receivable after more than one year29 |
1.2m | 1.4m | - | - | - | - | - | - | |
Other amounts receivable291 |
1.2m | 1.4m | - | - | - | - | - | - | |
Amounts receivable within one year40/41 |
683,672 | 407,945 | 1.8m | - | 113 | - | 55 | - | |
Other amounts receivable41 |
683,672 | 407,945 | 1.8m | - | 113 | - | 55 | - | |
Current investments50/53 |
25,813 | 25,762 | 30,566 | 34,328 | 34,029 | 33,668 | 35,000 | 32,000 | |
Other investments51/53 |
25,813 | 25,762 | 30,566 | 34,328 | 34,029 | - | - | - | |
Cash at bank and in hand54/58 |
6,572 | 14,881 | 1,864 | 6,446 | 822 | 2,788 | 3,173 | 6,787 | |
Deferred charges and accrued income490/1 |
21 | 25 | 86 | - | 184 | - | - | 65 | |
| Balance sheet: equity and liabilities | |||||||||
Total equity and liabilities10/49 |
4.1m | 4.1m | 4.1m | 2.8m | 2.8m | 2.8m | 2.8m | 2.8m | |
Equity10/15 |
3.6m | 4.1m | 4.1m | 2.8m | 2.8m | 2.8m | 2.8m | 2.8m | |
Contributions10/11 |
19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | |
Issued capital100 |
19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | 19,708 | |
Reserves13 |
1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | |
Legal reserve130 |
1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | 1,971 | |
Profit (loss) carried forward14 |
3.5m | 4.0m | 4.0m | 2.8m | 2.8m | 2.8m | 2.8m | 2.8m | |
Amounts payable17/49 |
503,472 | 9,147 | 9,096 | 3,880 | 8 | - | - | 228 | |
Amounts payable within one year42/48 |
503,449 | 9,128 | 9,080 | 3,865 | - | - | - | 220 | |
Trade debts44 |
3,449 | 3,751 | 3,630 | 3,630 | - | - | - | - | |
Suppliers440/4 |
3,449 | 3,751 | 3,630 | 3,630 | - | - | - | - | |
Taxes, remuneration and social security45 |
- | 5,377 | 5,450 | 235 | - | - | - | 220 | |
Taxes450/3 |
- | 5,377 | 5,450 | 235 | - | - | - | 220 | |
Other amounts payable47/48 |
500,000 | - | - | - | - | - | - | - | |
Accrued charges and deferred income492/3 |
23 | 19 | 16 | 15 | 8 | - | - | 8 | |
| Income statement | |||||||||
Gross operating margin9900 |
- | - | - | - | - | -1,664 | -1,726 | -1,723 | |
Operating charges60/66A |
8,101 | 8,702 | 8,147 | 15,626 | 1,668 | - | - | - | |
Services and other goods61 |
8,101 | 8,702 | 8,147 | 15,626 | 1,668 | - | - | - | |
Operating profit (loss)9901 |
-8,101 | -8,702 | -8,147 | -15,626 | -1,668 | -1,664 | -1,726 | -1,723 | |
Financial income75/76B |
25,787 | 8,100 | 1.3m | 21,132 | 657 | 226 | 1,649 | 14,359 | |
Recurring financial income75 |
25,787 | 8,100 | 1.3m | 21,132 | 657 | 226 | 1,649 | 14,359 | |
Income from financial fixed assets750 |
- | - | 1.3m | 21,000 | - | - | - | - | |
Income from current assets751 |
- | - | 385 | 132 | 657 | - | - | - | |
Other financial income752/9 |
25,787 | 8,100 | - | - | - | - | - | - | |
Financial charges65/66B |
70 | 75 | 447 | 360 | 306 | 245 | 323 | 330 | |
Recurring financial charges65 |
70 | 75 | 447 | 360 | 306 | 245 | 323 | 330 | |
Other financial charges652/9 |
70 | 75 | 447 | 360 | 306 | - | - | - | |
Profit (loss) for the period before taxes9903 |
17,616 | -677 | 1.3m | 5,146 | -1,317 | -1,683 | -400 | 12,306 | |
Income taxes67/77 |
1 | -65 | 5,267 | 3,392 | - | 88 | -3 | 3,730 | |
Taxes670/3 |
9 | 8 | 5,508 | 3,392 | - | - | - | - | |
Tax adjustments and reversals of tax provisions77 |
8 | 73 | 242 | - | - | - | - | - | |
Profit (loss) for the period9904 |
17,616 | -612 | 1.3m | 1,755 | -1,317 | -1,772 | -397 | 8,576 | |
Profit (loss) for the period to be appropriated9905 |
17,616 | -612 | 1.3m | 1,755 | -1,317 | -1,772 | -397 | 8,576 | |
| Appropriation of the result | |||||||||
Profit (loss) to be appropriated9906 |
4.0m | 4.0m | 4.0m | 2.8m | 2.8m | 2.8m | 2.8m | 2.8m | |
Profit to be distributed694/7 |
500,000 | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
500,000 | - | - | - | - | - | - | - | |
| Document | |||||||||
The accounts for 17 older financial years (1991-2008) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2016 (PDF), filed on 05-12-2016.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2016 | consolidated | 08-12-2016 | 2016-69600384 | |
| 30-06-2016 | full format | 05-12-2016 | 2016-69300503 | |
| 30-06-2015 | consolidated | 05-01-2016 | 2016-00500402 | |
| 30-06-2015 | full format | 05-01-2016 | 2016-00500404 | |
| 30-06-2014 | full format | 18-12-2014 | 2014-69500368 | |
| 30-06-2014 | consolidated | 16-12-2014 | 2014-69500372 | |
| 30-06-2013 | consolidated | 07-01-2014 | 2014-00400327 | |
| 30-06-2013 | full format | 26-12-2013 | 2013-70300174 | |
| 30-06-2012 | consolidated | 06-12-2012 | 2012-65900432 | |
| 30-06-2012 | full format | 06-12-2012 | 2012-65900538 | |
| 30-06-2011 | abbreviated format | 15-12-2011 | 2011-63900130 | |
| 30-06-2010 | abbreviated format | 07-12-2010 | 2010-62700215 | |
| 30-06-2009 | abbreviated format | 02-12-2009 | 2009-87500392 | |
| 30-06-2008 | abbreviated format | 07-01-2009 | 2009-00700112 | |
| 30-06-2007 | abbreviated format | 31-12-2007 | 2007-85000232 | |
| 30-06-2006 | abbreviated format | 22-12-2006 | 2006-91500290 | |
| 30-06-2005 | abbreviated format | 11-01-2006 | 2006-01104664 | |
| 30-06-2004 | abbreviated format | 07-01-2005 | 2005-00700056 | |
| 30-06-2003 | abbreviated format | 29-12-2003 | 2003-85400156 | |
| 30-06-2002 | abbreviated format | 23-12-2002 | 2002-77500249 | |
| 30-06-2001 | abbreviated format | 14-12-2001 | 2001-75300231 | |
| 30-06-2000 | abbreviated format | 04-01-2001 | 2001-00100144 | |
| 30-06-1999 | full format | 14-01-2000 | 2000-01302768 | |
| 30-06-1998 | full format | 05-01-1999 | 1999-00101592 | |
| 31-12-1996 | full format | 27-06-1997 | 1997-21903092 | |
| 31-12-1995 | full format | 21-06-1996 | 1996-18904856 | |
| 31-12-1994 | full format | 23-06-1995 | 1995-28100781 | |
| 31-12-1993 | full format | 24-06-1994 | 1994-19302804 | |
| 31-12-1992 | full format | 04-06-1993 | 1993-10402741 | |
| 31-12-1991 | abbreviated format | 19-06-1992 | 1992-12804446 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|
| Investment in fixed assets | - | - | - | - | - | - | - | 1,250 | |
| Change in cash | -8,309 | 13,017 | -4,582 | 5,624 | -1,966 | -385 | -3,614 | - | |
| Working capital | 1.4m | 1.8m | 1.8m | 36,909 | - | - | - | 38,632 | |
| Solvency | 87.6% | 99.8% | 99.8% | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Current ratio | 3.71 | - | - | 10.55 | - | - | - | - | |
| Debt to equity | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | 0.00 | |
| ROE | 0.5% | 0.0% | 31.5% | 0.1% | 0.0% | -0.1% | 0.0% | 0.3% | |
| ROA | 0.4% | 0.0% | 31.5% | 0.1% | 0.0% | -0.1% | 0.0% | 0.3% | |
| Supplier credit | 155 days | 157 days | 163 days | 85 days | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Group figures
consolidated accountsGESTICO heads a group. The consolidated accounts add up the company and its subsidiaries.
| Item | 30-06-2016 | 30-06-2015 | 30-06-2014 | 30-06-2013 | 30-06-2012 |
|---|---|---|---|---|---|
| Turnover | €84.2m | €65.1m | €65.0m | €74.4m | €58.3m |
| Operating result | €1.6m | -€75,000 | €3.2m | €3.1m | €3.1m |
| Result for the year | €650,574 | €754,000 | €5.7m | €1.5m | €2.0m |
| Equity | €14.4m | €14.8m | €14.4m | €11.0m | €10.3m |
| Total assets | €54.7m | €52.9m | €57.2m | €44.7m | €47.7m |
Source: 2012 to 2016 consolidated accounts
Insights on GESTICO
The operating result for 2016 is a loss of €8,101, smaller than the loss of €8,702 in 2015.
Debt's share of the balance-sheet total rises from 0.2% to 12.4%. Equity is lower and debt is higher.