GRACOM
InactiveFinancials · financial year 2016, micro format
Annual accounts 2016 filed on 12-06-2017 PDF all 27 filings
Turnover
€149,600▼ 20.5%
2012 · €188,200
EBIT margin
-52.1%▼ 55.8pp
2012 · 3.7%
Net result
€73,935
2015 · -€2,645
Working capital
€96,705▲ 325%
2015 · €22,770
Multi-year overview
2012 to 2016, 5 financial yearsTurnover
no figure
2016
20122016
Operating result
-€9,702
▼ 249%
2016
20122016
Net result
€73,935
2016
20122016
EBIT margin
no figure
2016
20122016
Equity
€88,705
▲ 501%
2016
20122016
Total assets
€109,250
▼ 12.3%
2016
20122016
Debt
€12,545
▼ 87.7%
2016
20122016
Working capital
€96,705
▲ 325%
2016
20122016
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Turnover€0.2m-€0.1m▼ 20.5%
Operating result€0.007m--€0.08m-€0.01m▲ 86.5%-€0.003m▲ 73.6%-€0.01m▼ 249%
Net result€0.4m--€0.5m-€0.01m▲ 97.8%-€0.003m▲ 74.8%€0.07m
EBIT margin3.7%--52.1%▼ 55.8pp
Equity€6.9m-€0.4m▼ 94.9%€0.02m▼ 95.0%€0.01m▼ 15.2%€0.09m▲ 501%
Total assets€7.0m-€0.4m▼ 94.2%€0.1m▼ 68.5%€0.1m▼ 2.5%€0.1m▼ 12.3%
Debt€0.02m-€0.05m▲ 96.6%€0.1m▲ 121%€0.1m▼ 0.5%€0.01m▼ 87.7%
Working capital€2.2m-€0.4m▼ 83.4%€0.03m▼ 92.9%€0.02m▼ 10.4%€0.1m▲ 325%
The operating result for 2016 is a loss of €9,702, larger than the loss of €2,779 in 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Equity and liabilities €109,250
Equity
€88,705 ▲ 501%
Provisions
€8,000 =
Debt
€12,545 ▼ 87.7%
Debt's share of the balance-sheet total falls from 81.7% to 11.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
8.71▲
2015 · 1.22
ROE
83.3%▲
2015 · -17.9%
ROA
67.7%▲
2015 · -2.1%
Debt ≤ 1 year
€12,545▼
2015 · €101,865
Income taxes
€7,000
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €188,200 | €149,600 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,053 | €783 | - | - | - | - |
| Gross operating margin9900 | - | - | - | -€2,779 | -€9,702 | ▼ 249% |
| Operating profit (loss)9901 | €6,978 | -€77,906 | -€10,527 | -€2,779 | -€9,702 | ▼ 249% |
| Recurring financial income75 | €340,915 | €324,569 | €684 | €207 | €76 | ▼ 63.3% |
| Recurring financial charges65 | -€24,735 | €32,579 | €668 | €72 | €98 | ▲ 35.0% |
| Debt charges650 | €26 | €1 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €372,628 | -€469,906 | -€10,512 | -€2,645 | €80,935 | - |
| Income taxes67/77 | €137 | €173 | - | - | €7,000 | - |
| Profit (loss) for the period9904 | €372,491 | -€470,080 | -€10,512 | -€2,645 | €73,935 | - |
| Profit (loss) for the period to be appropriated9905 | €372,491 | -€470,080 | -€10,512 | -€2,645 | €73,935 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.0m | €0.4m | €0.1m | €0.1m | €0.1m | ▼ 12.3% |
| Fixed assets21/28 | €4.8m | €0.001m | - | - | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.001m | - | - | - | - |
| Financial fixed assets28 | €4.7m | - | - | - | - | - |
| Current assets29/58 | €2.2m | €0.4m | €0.1m | €0.1m | €0.1m | ▼ 12.3% |
| Amounts receivable within one year40/41 | €0.1m | €0.01m | €0.008m | €0.006m | €0.04m | ▲ 534% |
| Current investments50/53 | €1.8m | €0.007m | €0.1m | €0.1m | €0.07m | ▼ 42.9% |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.004m | €0.003m | €0.008m | ▲ 176% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.0m | €0.4m | €0.1m | €0.1m | €0.1m | ▼ 12.3% |
| Equity10/15 | €6.9m | €0.4m | €0.02m | €0.01m | €0.09m | ▲ 501% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €6.7m | €6.3m | €6.3m | €6.3m | €6.3m | ▲ 1.0% |
| Profit (loss) carried forward14 | €0.008m | - | -€0.01m | -€0.01m | €0.001m | - |
| Provisions and deferred taxes16 | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Amounts payable17/49 | €0.02m | €0.05m | €0.1m | €0.1m | €0.01m | ▼ 87.7% |
| Amounts payable within one year42/48 | €0.02m | €0.05m | €0.1m | €0.1m | €0.01m | ▼ 87.7% |
| Trade debts44 | €0.006m | €0.007m | - | - | €0.003m | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | -€0.5m | -€0.01m | -€0.003m | €0.07m | - |
| + Depreciation and write-downs630 | €0.004m | €0.001m | - | - | - | - |
| Operating cash flow (approximation) | €0.4m | -€0.5m | -€0.01m | -€0.003m | €0.07m | - |
| Investment in fixed assets (approximation) | - | €4.8m | - | - | - | - |
| Change in cash | - | €0.1m | -€0.4m | -€0.001m | €0.005m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2016 | micro format | 12-06-2017 | 2017-16600421 | |
| 31-12-2015 | abbreviated format | 21-06-2016 | 2016-19800511 | |
| 31-12-2014 | full format | 18-08-2015 | 2015-43500186 | |
| 31-12-2013 | full format | 02-07-2014 | 2014-27500398 | |
| 31-12-2012 | full format | 30-07-2013 | 2013-36800170 | |
| 31-12-2011 | full format | 26-09-2012 | 2012-58800077 | |
| 31-12-2010 | full format | 19-07-2011 | 2011-32300431 | |
| 31-12-2009 | full format | 06-08-2010 | 2010-40200335 | |
| 31-12-2008 | full format | 08-07-2009 | 2009-41300386 | |
| 31-12-2007 | full format | 24-07-2008 | 2008-48800305 |