H & E WALLONIE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2013.
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 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 22-07-2014, 9 days ahead of the deadline.
NBB · 7 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 2013, full schema
Turnover
€787k▼ 34.3%
2011 · €1.20M
2009: €1.24M
2010: €1.70M
2011: €1.20M
2009 → 2012
EBIT margin
-17.4%▼ 6.5pp
2011 · -10.8%
2009: -17.7%
2010: 5.9%
2011: -10.8%
2009 → 2012
Net result
€47k
2012 · €-139k
2009: €-187k
2010: €98k
2011: €-129k
2012: €-139k
2009 → 2013
Working capital
€-274k▲ 15.2%
2012 · €-324k
2009: €-188k
2010: €-74k
2011: €-187k
2012: €-324k
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Turnover€1.24M-€1.70M▲ 37.1%€1.20M▼ 29.4%€787k▼ 34.3%
Equity€-145k-€-47k▲ 67.7%€-176k▼ 275%€-315k▼ 79.1%€-268k▲ 14.9%
Operating result€-220k-€100k€-130k€-137k▼ 5.3%€47k
Net result€-187k-€98k€-129k€-139k▼ 7.9%€47k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2013: €47k after a loss of €137k in 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €327k
Fixed assets
€7k▼ 26.6%
Current assets
€320k▼ 65.9%
Key figures and ratios
EBITDA
€51k▲
2012 · €-130k
Cash flow
€51k▲
2012 · €-132k
Solvency
-81.9%▼
2012 · -33.2%
Current ratio
0.54▼
2012 · 0.74
Quick ratio
0.54▼
2012 · 0.74
ROA
14.3%▲
2012 · -14.7%
Debt
€595k▼
2012 · €1.26M
Debt ≤ 1 year
€595k▼
2012 · €1.26M
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 · 2013 against 2012
Balance sheet
Code20122013
Assets
Total assets20/58€948k€327k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€8k€7k▼
Financial fixed assets28€500-
Current assets29/58€939k€320k▼
Stocks and contracts in progress3€7k-
Amounts receivable within one year40/41€314k€39k▼
Current investments50/53-€281k
Cash at bank and in hand54/58€616k-
Equity and liabilities
Total equity and liabilities10/49€948k€327k▼
Equity10/15€-315k€-268k▲
Contributions10/11€62k€62k=
Profit (loss) carried forward14€-376k€-329k▲
Amounts payable17/49€1.26M€595k▼
Amounts payable within one year42/48€1.26M€595k▼
Trade debts44€1.26M€594k▼
Income statement
Code20122013
Turnover70€787k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Gross operating margin9900€-118k€52k▲
Operating profit (loss)9901€-137k€47k▲
Recurring financial income75€217€191▼
Recurring financial charges65€2k€451▼
Profit (loss) for the period before taxes9903€-139k€47k▲
Profit (loss) for the period9904€-139k€47k▲
Profit (loss) for the period to be appropriated9905€-139k€47k▲
Timeline · acts, filings and financial milestones
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
30-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
30-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect · France ANDRIS
2013
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
25-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 86 days late
2012
25-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
03-07
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
03-07
NBB filing
Annual accounts filed
fiscal year 2007 · 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:ArcelorMittal Belgium