IDECO
Dissolution or liquidationFinancials · financial year 2015, full format
2015 annual accounts filed late (153 days) Filed on 31 December 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-72300063.
Turnover
€261,532▼ 13.0%
2014 · €300,599
EBIT margin
29.9%▲ 18.4pp
2014 · 11.6%
Net result
€60,391▲ 251%
2014 · €17,211
Working capital
-€22,340▲ 41.8%
2014 · -€38,386
Trend over the years
2012 to 2015, 4 financial years 2012 to 2015, 4 financial years
The operating result has risen three years in a row; 2015 is 125% above 2014 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€261,532
2015
Operating result€78,259
2015
Net result€60,391
2015
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€342,786
2015
Equity€45,371
2015
Debt€297,415
2015
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€22,340
2015
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin29.9%
2015
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2012201320142015
Turnover€237,023-€255,060▲ 7.6%€300,599▲ 17.9%€261,532▼ 13.0%
Operating result-€9,849-€19,301€34,768▲ 80.1%€78,259▲ 125%
Net result-€30,161--€3,837▲ 87.3%€17,211€60,391▲ 251%
EBIT margin-4.2%-7.6%▲ 11.7pp11.6%▲ 4.0pp29.9%▲ 18.4pp
Equity€10,006-€6,169▼ 38.3%€23,380▲ 279%€45,371▲ 94.1%
Total assets€349,432-€314,406▼ 10.0%€306,563▼ 2.5%€342,786▲ 11.8%
Debt€339,426-€308,237▼ 9.2%€283,183▼ 8.1%€297,415▲ 5.0%
Working capital-€39,177--€52,750▼ 34.6%-€38,386▲ 27.2%-€22,340▲ 41.8%
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €342,786
Fixed assets
€254,201 ▼ 3.3%
Current assets
€88,585 ▲ 102%
Equity and liabilities €342,786
Equity
€45,371 ▲ 94.1%
Debt
€297,415 ▲ 5.0%
Debt's share of the balance-sheet total falls from 92.4% to 86.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86,820▲
2014 · €45,442
Cash flow
€68,952▲
2014 · €27,885
Current ratio
0.80▲
2014 · 0.53
Debt to equity
4.11▼
2014 · 8.56
ROE
133.1%▲
2014 · 73.6%
ROA
17.6%▲
2014 · 5.6%
Debt ≤ 1 year
€110,925▲
2014 · €82,187
Debt > 1 year
€186,490▼
2014 · €200,171
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 | Change |
|---|---|---|---|---|---|
| Turnover70 | €237,023 | €255,060 | €300,599 | €261,532 | ▼ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,397 | €13,460 | €10,674 | €8,561 | ▼ 19.8% |
| Gross operating margin9900 | €6,841 | €45,602 | €49,296 | €89,304 | ▲ 81.2% |
| Operating profit (loss)9901 | -€9,849 | €19,301 | €34,768 | €78,259 | ▲ 125% |
| Recurring financial income75 | €830 | €2,202 | €1,514 | €2,179 | ▲ 43.9% |
| Recurring financial charges65 | €21,142 | €25,340 | €19,484 | €20,547 | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | -€30,161 | -€3,837 | €17,211 | €60,391 | ▲ 251% |
| Profit (loss) for the period9904 | -€30,161 | -€3,837 | €17,211 | €60,391 | ▲ 251% |
| Profit (loss) for the period to be appropriated9905 | -€30,161 | -€3,837 | €17,211 | €60,391 | ▲ 251% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €349,432 | €314,406 | €306,563 | €342,786 | ▲ 11.8% |
| Fixed assets21/28 | €285,437 | €271,977 | €262,762 | €254,201 | ▼ 3.3% |
| Tangible fixed assets22/27 | €285,437 | €271,977 | €262,232 | €253,671 | ▼ 3.3% |
| Financial fixed assets28 | - | - | €530 | €530 | = |
| Current assets29/58 | €63,995 | €42,429 | €43,801 | €88,585 | ▲ 102% |
| Amounts receivable within one year40/41 | €58,975 | €37,703 | €42,702 | €85,453 | ▲ 100% |
| Cash at bank and in hand54/58 | €3,874 | €4,567 | €1,099 | €2,852 | ▲ 160% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €349,432 | €314,406 | €306,563 | €342,786 | ▲ 11.8% |
| Equity10/15 | €10,006 | €6,169 | €23,380 | €45,371 | ▲ 94.1% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €2,479 | €2,479 | €2,479 | €20,582 | ▲ 730% |
| Profit (loss) carried forward14 | -€17,262 | -€21,099 | -€3,888 | - | - |
| Amounts payable17/49 | €339,426 | €308,237 | €283,183 | €297,415 | ▲ 5.0% |
| Amounts payable after more than one year17 | €236,254 | €213,058 | €200,171 | €186,490 | ▼ 6.8% |
| Amounts payable within one year42/48 | €103,172 | €95,179 | €82,187 | €110,925 | ▲ 35.0% |
| Trade debts44 | €13,632 | €15,414 | €5,636 | €15,530 | ▲ 176% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,161 | -€3,837 | €17,211 | €60,391 | ▲ 251% |
| + Depreciation and write-downs630 | €14,397 | €13,460 | €10,674 | €8,561 | ▼ 19.8% |
| Operating cash flow (approximation) | -€15,764 | €9,623 | €27,885 | €68,952 | ▲ 147% |
| Investment in fixed assets (approximation) | - | €0 | -€1,459 | €0 | - |
| Change in cash | - | €693 | -€3,468 | €1,753 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2015 | full format | 31-12-2016 | 2016-72300063 |
| 31-12-2014 | full format | 16-06-2016 | 2016-18900453 |
| 31-12-2013 | full format | 20-04-2015 | 2015-10100322 |
| 31-12-2012 | full format | 15-01-2014 | 2014-01000166 |
| 31-12-2011 | full format | 20-11-2012 | 2012-64100463 |
| 31-12-2010 | full format | 19-11-2012 | 2012-64100415 |
| 31-12-2009 | full format | 08-09-2010 | 2010-54000372 |
| 31-12-2008 | full format | 29-12-2009 | 2009-91500336 |
| 31-12-2007 | full format | 16-12-2008 | 2008-85100042 |
| 31-12-2006 | full format | 28-12-2007 | 2007-85000137 |
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Of the 19,857 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,305. 7,446 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.