IGEPA ANS

Inactive

KBO/BCE: BE 0402.376.388

No longer registered with the KBO; last annual accounts for fiscal year 2016.

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Signals

Three signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2017 close31-07-2018 deadline13-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 21-06-2017, 40 days ahead of the deadline.

NBB · 10 filings

Deviation 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 →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover

€45.84M▼ 5.3%

2015 · €48.43M

2014: €46.37M 2015: €48.43M

2014 → 2016

EBIT margin

-0.6%▲ 3.3pp

2015 · -3.9%

2014: -2.3% 2015: -3.9%

2014 → 2016

Net result

€188k

2015 · €-1.71M

2014: €-565k 2015: €-1.71M

2014 → 2016

Working capital

€7.18M▲ 8.7%

2015 · €6.60M

2014: €8.06M 2015: €6.60M

2014 → 2016

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201420152016Trend

Turnover€46.37M-€48.43M▲ 4.4%€45.84M▼ 5.3%

Equity€8.56M-€6.85M▼ 20.0%€7.04M▲ 2.7%

Operating result€-1.07M-€-1.91M▼ 77.7%€-294k▲ 84.6%

Net result€-565k-€-1.71M▼ 203%€188k

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €294k in 2016 against €1.91M in 2015; the loss shrinks.

Balance-sheet composition

2016 in colour, 2015 as the grey bar beneath

Assets €16.36M

95.4%

Fixed assets €755k▼ 11.3%

Current assets €15.61M▼ 3.9%

Equity and liabilities €16.36M

43.0%

57.0%

Equity €7.04M▲ 2.7%

Provisions €0▼ 100%

Debt €9.32M▼ 8.8%

The debt ratio falls from 59.9% to 57.0%: equity grows while debt is paid down.

Key figures and ratios

2016 value · change against 2015

EBITDA

€-100k▲

2015 · €-1.69M

Cash flow

€382k▲

2015 · €-1.49M

Solvency

43.0%▲

2015 · 40.1%

Current ratio

1.85▲

2015 · 1.69

Quick ratio

1.58▲

2015 · 1.20

ROE

2.7%▲

2015 · -25.0%

ROA

1.2%▲

2015 · -10.0%

Interest coverage

-0.94▲

2015 · -15.99

Debt

€9.32M▼

2015 · €10.23M

Debt ≤ 1 year

€8.43M▼

2015 · €9.63M

Income taxes

€659▲

2015 · €624

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 · 2016 against 2015

Balance sheet Code20152016

Assets

Total assets20/58€17.09M€16.36M▼

Fixed assets21/28€851k€755k▼

Tangible fixed assets22/27€408k€294k▼

Financial fixed assets28€444k€461k▲

Current assets29/58€16.23M€15.61M▼

Stocks and contracts in progress3€4.70M€2.33M▼

Amounts receivable within one year40/41€10.55M€11.57M▲

Cash at bank and in hand54/58€128k€118k▼

Equity and liabilities

Total equity and liabilities10/49€17.09M€16.36M▼

Equity10/15€6.85M€7.04M▲

Contributions10/11€2.00M€2.00M=

Reserves13€1.07M€1.07M=

Profit (loss) carried forward14€3.78M€3.97M▲

Provisions and deferred taxes16€10k-

Amounts payable17/49€10.23M€9.32M▼

Amounts payable within one year42/48€9.63M€8.43M▼

Trade debts44€3.27M€2.77M▼

Income statement Code20152016

Turnover70€48.43M€45.84M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€221k€194k▼

Operating profit (loss)9901€-1.91M€-294k▲

Recurring financial income75€465k€708k▲

Recurring financial charges65€280k€224k▼

Debt charges650€105k€107k▲

Profit (loss) for the period before taxes9903€-1.71M€189k▲

Income taxes67/77€624€659▲

Profit (loss) for the period9904€-1.71M€188k▲

Profit (loss) for the period to be appropriated9905€-1.71M€188k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

2017

21-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

13-04

State Gazette act Merger · Corporate purpose

Capital · Capital increase

2016

31-12

Financial Back to profitnet €188k

Net result €188k after 2 loss-making years.

11-07

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

31-12

Financial Weakest financial yearnet €-1.71M

Net result drops to €-1.71M, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

20-06

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

24-06

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

03-07

NBB filing Annual accounts filed

fiscal year 2011 · full schema

2011

01-06

NBB filing Annual accounts filed

fiscal year 2010 · full schema

2010

31-05

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

15-06

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

28-05

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.

Directors · office · real estate

Directors

13 directors, no change since 2015

Dirk Martens

Managing director · since 30-06-2003

Not recently confirmed

Dirk Saléns

Deputy director (administrateur délégué) · since 17-07-2015

Not recently confirmed

Dr. Ingo Osterheld

President of the board of directors · since 17-07-2015

Not recently confirmed

Veerle Catry

Commissaire (auditor) · since 17-07-2015

Not recently confirmed

Jean Dooms

Managing director · since 30-06-2003

Not recently confirmed

Sven Kaufmann

Director · since 12-08-2010

Not recently confirmed

+ 3 not shown in this overview

16-11-2015 Dirk Martens: Appointed as Managing director

16-11-2015 Rudi Mussche: Resigned as Managing director

17-07-2015 Dirk Saléns: Appointed as Deputy director (administrateur délégué)

17-07-2015 Dr. Ingo Osterheld: Appointed as President of the board of directors

17-07-2015 Veerle Catry: Appointed as Commissaire (auditor)

17-07-2015 Rudi Mussche: Appointed as Deputy director (administrateur délégué)

12-08-2014 Luc Gonnissen: Resigned as Mandataire categorie b

12-08-2010 Jean Dooms: Appointed as Managing director

12-08-2010 Jean Dooms: Appointed as Président du conseil d'administration

12-08-2010 Sven Kaufmann: Appointed as Director

12-08-2010 Sven Kaufmann: Appointed as Managing director

12-08-2010 Ralph Kamenz: Resigned as Director

13-11-2006 Veerle Catry: Appointed as Représentant permanent

30-06-2003 Dirk Martens: Appointed as Directeur financier

30-06-2003 Jean Dooms: Appointed as Managing director

30-06-2003 Egon Kaiser: Appointed as Director

30-06-2003 Marleen Van Cauwenberghe: Appointed as Directeur du personnel

30-06-2003 Raoul Christiaens: Appointed as Director

30-06-2003 Edward Claes: Resigned as Director

30-06-2003 Rolf Adriaenssens: Appointed as Représentant permanent du commissaire

Location & real-estate footprint

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Statutory auditor

1 auditor

S.C. BDO Reviseurs d'Entreprises

Commissaire

30-06-2003 → 13-11-2006

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:IGEPA BELUX

BE 0416.723.381proposal · State Gazette act of 13-04-2017

Recognitions · licences · registrations

Legal Entity Identifier

549300CFWCKWHMWQBG65

no longer live in the LEI register