INPUT
InactiveInactive; last annual accounts for fiscal year 2012.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2013 close31-07-2014 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 14-08-2013, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 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 →
Checked, nothing found (1)
Financials · fiscal year 2012, abbreviated schema
Equity
€143k▲ 4.3%
2011 · €137k
2008: €-85k
2009: €-23k
2010: €53k
2011: €137k
2008 → 2012
Total assets
€514k▲ 47.1%
2011 · €349k
2008: €112k
2009: €144k
2010: €169k
2011: €349k
2008 → 2012
Net result
€6k▼ 92.9%
2011 · €84k
2008: €22k
2009: €62k
2010: €76k
2011: €84k
2008 → 2012
Working capital
€134k▲ 17.9%
2011 · €114k
2008: €-109k
2009: €-53k
2010: €14k
2011: €114k
2008 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20082009201020112012Trend
Equity€-85k-€-23k▲ 73.0%€53k€137k▲ 158%€143k▲ 4.3%
Operating result€36k-€77k▲ 115%€83k▲ 7.6%€113k▲ 35.8%€17k▼ 84.5%
Net result€22k-€62k▲ 184%€76k▲ 22.8%€84k▲ 10.4%€6k▼ 92.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2012; 2012 is 85% below 2011 and is the lowest result in the available series.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €514k
Fixed assets
€14k ▼ 57.8%
Current assets
€500k ▲ 58.1%
Equity and liabilities €514k
Equity
€143k ▲ 4.3%
Debt
€371k ▲ 74.6%
Debt's share of the balance-sheet total rises from 60.9% to 72.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▼
2011 · €130k
Cash flow
€20k▼
2011 · €101k
Current ratio
1.37▼
2011 · 1.56
Debt to equity
0.04▼
2011 · 0.08
ROE
4.2%▼
2011 · 61.2%
ROA
1.2%▼
2011 · 24.0%
Debt ≤ 1 year
€366k▲
2011 · €202k
Debt > 1 year
€6k▼
2011 · €10k
Income taxes
€7k▼
2011 · €23k
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 · 2012 against 2011 · 26 lines
Balance sheet
Code20112012
Assets
Total assets20/58€349k€514k▲
Fixed assets21/28€33k€14k▼
Intangible fixed assets21€9k€5k▼
Tangible fixed assets22/27€24k€9k▼
Financial fixed assets28€487-
Current assets29/58€316k€500k▲
Amounts receivable within one year40/41€155k€193k▲
Cash at bank and in hand54/58€161k€307k▲
Equity and liabilities
Total equity and liabilities10/49€349k€514k▲
Equity10/15€137k€143k▲
Contributions10/11€62k€62k=
Reserves13€157k€157k=
Profit (loss) carried forward14€-82k€-76k▲
Amounts payable17/49€213k€371k▲
Amounts payable after more than one year17€10k€6k▼
Amounts payable within one year42/48€202k€366k▲
Trade debts44€174k€355k▲
Income statement
Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Gross operating margin9900€322k€37k▼
Operating profit (loss)9901€113k€17k▼
Recurring financial income75€8€376▲
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€107k€12k▼
Income taxes67/77€23k€7k▼
Profit (loss) for the period9904€84k€6k▼
Profit (loss) for the period to be appropriated9905€84k€6k▼
Timeline · acts, filings and financial milestones
2013
14-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 14 days late
2012
31-12
Financial
Weakest financial yearnet €6k ▼92.9%
Net result drops to €6k, the lowest in the series.
20-11
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
31-12
Financial
Highest result since 2008net €84k ▲10.4%
Operating result €113k, net result €84k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲158%
4 profitable years in a row build equity to €137k.
25-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
07-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
08-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
04-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
11-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
08-06
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
01-06
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
18-06
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Enterprise Applications and Service Integration