ISOALL
InactiveInactive; last annual accounts for fiscal year 2017.
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 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline27-09-2026 today
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 13-07-2018, 18 days ahead of the deadline.
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 →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2017, abbreviated schema
Turnover
€1.2m
EBIT margin
-5.0%
Net result
-€53,190
2016 · €51,399
Working capital
€303,930▼ 11.5%
2016 · €343,557
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2014201520162017
Turnover€1.2m
Operating result€159,225-€143,908▼ 9.6%€67,708▼ 53.0%-€60,381
Net result€123,343-€111,162▼ 9.9%€51,399▼ 53.8%-€53,190
EBIT margin-5.0%
Equity€218,378-€310,040▲ 42.0%€361,439▲ 16.6%€308,248▼ 14.7%
Total assets€900,648-€754,479▼ 16.2%€528,061▼ 30.0%€667,915▲ 26.5%
Debt€682,269-€444,439▼ 34.9%€166,623▼ 62.5%€359,666▲ 116%
Working capital€212,873-€315,391▲ 48.2%€343,557▲ 8.9%€303,930▼ 11.5%
Staff (FTE)1.5-1.5=2▲ 33.3%3.6▲ 80.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €60,381 after €67,708 in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €667,915
Fixed assets
€4,318 ▼ 77.8%
Current assets
€663,596 ▲ 30.5%
Equity and liabilities €667,915
Equity
€308,248 ▼ 14.7%
Debt
€359,666 ▲ 116%
Debt's share of the balance-sheet total rises from 31.6% to 53.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€52,432▼
2016 · €74,883
Cash flow
-€45,241▼
2016 · €58,574
Current ratio
1.85▼
2016 · 3.08
Quick ratio
1.51▼
2016 · 2.44
ROE
-17.3%▼
2016 · 14.2%
ROA
-8.0%▼
2016 · 9.7%
Debt ≤ 1 year
€359,666▲
2016 · €165,040
Income taxes
-€459▼
2016 · €28,738
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.2m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,568 | €10,364 | €7,175 | €7,949 | ▲ 10.8% |
| Gross operating margin9900 | €261,176 | €240,149 | €282,402 | €176,551 | ▼ 37.5% |
| Operating profit (loss)9901 | €159,225 | €143,908 | €67,708 | -€60,381 | ▼ 189% |
| Recurring financial income75 | €19,979 | €18,442 | €15,731 | €10,061 | ▼ 36.0% |
| Recurring financial charges65 | €1,754 | €1,498 | €3,302 | €3,329 | ▲ 0.8% |
| Profit (loss) for the period before taxes9903 | €172,357 | €160,852 | €80,137 | -€53,649 | ▼ 167% |
| Income taxes67/77 | €49,014 | €49,690 | €28,738 | -€459 | ▼ 102% |
| Profit (loss) for the period9904 | €123,343 | €111,162 | €51,399 | -€53,190 | ▼ 203% |
| Profit (loss) for the period to be appropriated9905 | €123,343 | €111,162 | €51,399 | -€53,190 | ▼ 203% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €900,648 | €754,479 | €528,061 | €667,915 | ▲ 26.5% |
| Fixed assets21/28 | €12,560 | €2,197 | €19,464 | €4,318 | ▼ 77.8% |
| Tangible fixed assets22/27 | €12,511 | €2,147 | €19,464 | €4,238 | ▼ 78.2% |
| Financial fixed assets28 | €50 | €50 | - | €80 | - |
| Current assets29/58 | €888,087 | €752,282 | €508,597 | €663,596 | ▲ 30.5% |
| Stocks and contracts in progress3 | €109,168 | €102,958 | €106,667 | €118,790 | ▲ 11.4% |
| Amounts receivable within one year40/41 | €375,833 | €346,726 | €283,969 | €517,214 | ▲ 82.1% |
| Cash at bank and in hand54/58 | €399,655 | €298,495 | €115,726 | €22,415 | ▼ 80.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €900,648 | €754,479 | €528,061 | €667,915 | ▲ 26.5% |
| Equity10/15 | €218,378 | €310,040 | €361,439 | €308,248 | ▼ 14.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €148,827 | €148,827 | €148,827 | €148,827 | = |
| Profit (loss) carried forward14 | €7,551 | €99,213 | €150,611 | €97,421 | ▼ 35.3% |
| Amounts payable17/49 | €682,269 | €444,439 | €166,623 | €359,666 | ▲ 116% |
| Amounts payable within one year42/48 | €675,214 | €436,891 | €165,040 | €359,666 | ▲ 118% |
| Trade debts44 | €164,073 | €172,580 | €147,430 | €343,000 | ▲ 133% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €123,343 | €111,162 | €51,399 | -€53,190 | ▼ 203% |
| + Depreciation and write-downs630 | €11,568 | €10,364 | €7,175 | €7,949 | ▲ 10.8% |
| Operating cash flow (approximation) | €134,911 | €121,525 | €58,574 | -€45,241 | ▼ 177% |
| Investment in fixed assets (approximation) | - | €0 | -€24,443 | €7,197 | ▲ 129% |
| Change in cash | - | -€101,160 | -€182,769 | -€93,310 | ▲ 48.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
22-06
State Gazette act
Board meeting · Merger
Accounting effect · Auditor appointment
2017
31-12
Financial
Weakest financial yearnet -€53,190
Net result drops to -€53,190, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
09-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
30-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
10-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
05-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
07-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
15-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
27-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
28-10
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:Construct Protect Engineering