INFRAX
InactiveInactive; last annual accounts for fiscal year 2017.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 24-04-2018, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2017
98 d early
2016
96 d early
2015
83 d early
2014
99 d early
2013
99 d early
2012
99 d early
2011
98 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2017, full schema
Turnover
€18.95M▲ 52.9%
2016 · €12.39M
2013: €10.35M
2014: €10.27M
2015: €10.13M
2016: €12.39M
2013 → 2017
EBIT margin
1.2%▼ 0.9pp
2016 · 2.1%
2013: 1.8%
2014: 1.5%
2015: 2.7%
2016: 2.1%
2013 → 2017
Net result
€154k▼ 18.6%
2016 · €189k
2013: €187k
2014: €150k
2015: €232k
2016: €189k
2013 → 2017
Working capital
€95.64M▲ 2.6%
2016 · €93.17M
2013: €188.38M
2014: €164.89M
2015: €120.72M
2016: €93.17M
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€10.35M-€10.27M▼ 0.8%€10.13M▼ 1.4%€12.39M▲ 22.3%€18.95M▲ 52.9%
Equity€11.86M-€11.86M▲ 0.1%€11.87M▲ 0.1%€11.88M▲ 0.1%€11.89M▲ 0.1%
Operating result€187k-€150k▼ 19.7%€278k▲ 85.3%€255k▼ 8.1%€222k▼ 13.0%
Net result€187k-€150k▼ 19.7%€232k▲ 54.3%€189k▼ 18.3%€154k▼ 18.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2017 is 13% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €701.11M
Fixed assets
€464.20M ▼ 1.1%
Current assets
€236.91M ▲ 15.5%
Equity and liabilities €701.11M
Equity
€11.89M ▲ 0.1%
Debt
€689.22M ▲ 4.0%
Debt's share of the balance-sheet total rises from 98.2% to 98.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16.21M▲
2016 · €8.35M
Cash flow
€16.14M▲
2016 · €8.28M
Current ratio
1.68▼
2016 · 1.83
Quick ratio
1.42▼
2016 · 1.54
Debt to equity
45.71▼
2016 · 46.02
ROE
1.3%▼
2016 · 1.6%
ROA
0.0%▼
2016 · 0.0%
Debt ≤ 1 year
€141.27M▲
2016 · €111.87M
Debt > 1 year
€543.50M▼
2016 · €546.83M
Income taxes
€68k▲
2016 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines
Balance sheet
Code20162017
Assets
Total assets20/58€674.54M€701.11M▲
Fixed assets21/28€469.50M€464.20M▼
Intangible fixed assets21€14.56M€7.29M▼
Tangible fixed assets22/27€4.57M€6.55M▲
Financial fixed assets28€450.37M€450.37M=
Current assets29/58€205.04M€236.91M▲
Stocks and contracts in progress3€32.26M€36.61M▲
Amounts receivable within one year40/41€143.62M€188.97M▲
Current investments50/53€19.90M€4.90M▼
Cash at bank and in hand54/58€9.11M€6.08M▼
Equity and liabilities
Total equity and liabilities10/49€674.54M€701.11M▲
Equity10/15€11.88M€11.89M▲
Contributions10/11€11.75M€11.75M=
Reserves13€75k€83k▲
Amounts payable17/49€662.65M€689.22M▲
Amounts payable after more than one year17€546.83M€543.50M▼
Amounts payable within one year42/48€111.87M€141.27M▲
Trade debts44€29.85M€27.82M▼
Income statement
Code20162017
Turnover70€12.39M€18.95M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8.10M€15.99M▲
Operating profit (loss)9901€255k€222k▼
Profit (loss) for the period before taxes9903€255k€222k▼
Income taxes67/77€66k€68k▲
Profit (loss) for the period9904€189k€154k▼
Profit (loss) for the period to be appropriated9905€189k€154k▼
Appropriation of the result
Return on contributions (dividend)694€180k€146k▼
Timeline · acts, filings and financial milestones
2018
02-08
State Gazette act
General meeting · Net-asset statement
Merger · Capital increase · Xavier DESMET
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
09-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Highest result since 2013net €232k ▲54.3%
Operating result €278k, net result €232k, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Weakest financial yearnet €150k ▼19.7%
Net result drops to €150k, the lowest in the series.
23-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
23-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
26-04
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
22-04
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
22-04
NBB filing
Annual accounts filed
fiscal year 2008 · 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:EANDIS SYSTEM OPERATOR
Recognitions · licences · registrations
Legal Entity Identifier
549300HEKSHRZ9UYD023