HALIFAX
InactiveFinancials · financial year 2019, abbreviated format
Turnover
≈ €150,000
Estimated: probably between €93,000 and €290,000
Total assets
€56.1m▲ 179%
2018 · €20.1m
Net result
€38.4m▲ 3,313×
2018 · €11,590
Working capital
€1.4m
2018 · -€301
Trend over the years
2018 to 2019, 2 financial years 2018 to 2019, 2 financial years
The operating result falls in 2019; 2019 is 85% below 2018.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.05m
2019
Net result€38.4m
2019
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€56.1m
2019
Equity€55.6m
2019
Debt€0.5m
2019
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.4m
2019
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019
Operating result€0.4m-€0.05m▼ 84.9%
Net result€0.01m-€38.4m▲ 3,313×
Equity€17.2m-€55.6m▲ 223%
Total assets€20.1m-€56.1m▲ 179%
Debt€2.9m-€0.5m▼ 81.7%
Working capital-€301-€1.4m
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
2019 in colour, 2018 as the grey bar beneath
Assets €56.1m
Fixed assets
€54.2m ▲ 171%
Current assets
€1.9m ▲ 18×
Equity and liabilities €56.1m
Equity
€55.6m ▲ 223%
Debt
€533,233 ▼ 81.7%
Debt's share of the balance-sheet total falls from 14.5% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.64▲
2018 · 1.00
ROE
69.1%▲
2018 · 0.1%
ROA
68.4%▲
2018 · 0.1%
Debt ≤ 1 year
€530,661▲
2018 · €107,513
Income taxes
€395,564
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Gross operating margin9900 | €0.4m | €0.05m | ▼ 84.6% |
| Operating profit (loss)9901 | €0.4m | €0.05m | ▼ 84.9% |
| Recurring financial income75 | €0 | €1.8m | ▲ 177,053,333× |
| Recurring financial charges65 | €0.3m | €0.03m | ▼ 91.3% |
| Profit (loss) for the period before taxes9903 | €0.01m | €38.8m | ▲ 3,347× |
| Income taxes67/77 | - | €0.4m | - |
| Profit (loss) for the period9904 | €0.01m | €38.4m | ▲ 3,313× |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €38.4m | ▲ 3,313× |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20.1m | €56.1m | ▲ 179% |
| Fixed assets21/28 | €20.0m | €54.2m | ▲ 171% |
| Financial fixed assets28 | €20.0m | €54.2m | ▲ 171% |
| Current assets29/58 | €0.1m | €1.9m | ▲ 18× |
| Amounts receivable within one year40/41 | €0.01m | €1.8m | ▲ 148× |
| Cash at bank and in hand54/58 | €0.09m | €0.1m | ▲ 2.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20.1m | €56.1m | ▲ 179% |
| Equity10/15 | €17.2m | €55.6m | ▲ 223% |
| Contributions10/11 | €0.8m | €0.8m | = |
| Reserves13 | €0.08m | €0.08m | = |
| Profit (loss) carried forward14 | €16.3m | €54.7m | ▲ 235% |
| Amounts payable17/49 | €2.9m | €0.5m | ▼ 81.7% |
| Amounts payable after more than one year17 | €2.8m | - | - |
| Amounts payable within one year42/48 | €0.1m | €0.5m | ▲ 394% |
| Trade debts44 | €0.1m | €0.08m | ▼ 23.7% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €38.4m | ▲ 3,313× |
| Operating cash flow (approximation) | €0.01m | €38.4m | ▲ 3,313× |
| Investment in fixed assets (approximation) | - | -€34.2m | - |
| Change in cash | - | €0.003m | - |
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 (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2019 | abbreviated format | 09-07-2020 | 2020-28500532 |
| 31-12-2018 | abbreviated format | 29-07-2019 | 2019-39500313 |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-33600382 |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-35500506 |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-50400327 |
| 31-12-2014 | abbreviated format | 20-08-2015 | 2015-44500475 |
| 31-12-2013 | abbreviated format | 05-08-2014 | 2014-39800355 |
| 31-12-2012 | abbreviated format | 06-09-2013 | 2013-57600536 |
| 31-12-2011 | abbreviated format | 07-08-2012 | 2012-38800554 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.