KALIS

Inactive

KBO/BCE: BE 0400.380.267

Inactive; last annual accounts for fiscal year 2015.

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KALISInactive

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Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 31-05-2016, 61 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2015

61 d early

2014

87 d early

2013

93 d early

2012

79 d early

2011

20 d early

2010

65 d early

2009

52 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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 2015, full schema

Turnover

€4.02M▼ 33.1%

2014 · €6.00M

2011: €5.62M 2012: €5.34M▼ -5.0% vs 2011 2013: €5.76M▲ +7.9% vs 2012 2014: €6.00M▲ +4.1% vs 2013highest in 5 years 2015: €4.02M▼ -33.1% vs 2014lowest in 5 years

2011 → 2015

EBIT margin

1.3%▼ 12.4pp

2014 · 13.8%

2011: 14.2% 2012: 17.7%▲ +24.6% vs 2011highest in 5 years 2013: 6.0%▼ -66.2% vs 2012 2014: 13.8%▲ +130% vs 2013 2015: 1.3%▼ -90.4% vs 2014lowest in 5 years

2011 → 2015

Net result

€42k▼ 95.1%

2014 · €846k

2011: €777k 2012: €886k▲ +13.9% vs 2011highest in 5 years 2013: €418k▼ -52.8% vs 2012 2014: €846k▲ +102% vs 2013 2015: €42k▼ -95.1% vs 2014lowest in 5 years

2011 → 2015

Working capital

€8.56M▲ 15.1%

2014 · €7.44M

2011: €1.73Mlowest in 5 years 2012: €3.75M▲ +117% vs 2011 2013: €5.14M▲ +37.0% vs 2012 2014: €7.44M▲ +44.7% vs 2013 2015: €8.56M▲ +15.1% vs 2014highest in 5 years

2011 → 2015

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20112012201320142015Trend

Turnover€5.62M-€5.34M▼ 5.0%€5.76M▲ 7.9%€6.00M▲ 4.1%€4.02M▼ 33.1% 2011: €5.62M 2012: €5.34M▼ -5.0% vs 2011 2013: €5.76M▲ +7.9% vs 2012 2014: €6.00M▲ +4.1% vs 2013highest in 5 years 2015: €4.02M▼ -33.1% vs 2014lowest in 5 years

Equity€8.30M-€9.19M▲ 10.7%€9.60M▲ 4.6%€10.45M▲ 8.8%€10.49M▲ 0.4% 2011: €8.30Mlowest in 5 years 2012: €9.19M▲ +10.7% vs 2011 2013: €9.60M▲ +4.6% vs 2012 2014: €10.45M▲ +8.8% vs 2013 2015: €10.49M▲ +0.4% vs 2014highest in 5 years

Operating result€799k-€946k▲ 18.4%€345k▼ 63.5%€825k▲ 139%€53k▼ 93.6% 2011: €799k 2012: €946k▲ +18.4% vs 2011highest in 5 years 2013: €345k▼ -63.5% vs 2012 2014: €825k▲ +139% vs 2013 2015: €53k▼ -93.6% vs 2014lowest in 5 years

Net result€777k-€886k▲ 13.9%€418k▼ 52.8%€846k▲ 102%€42k▼ 95.1% 2011: €777k 2012: €886k▲ +13.9% vs 2011highest in 5 years 2013: €418k▼ -52.8% vs 2012 2014: €846k▲ +102% vs 2013 2015: €42k▼ -95.1% vs 2014lowest in 5 years

Result per fiscal year

Operating resultNet result

The operating result falls in 2015; 2015 is 94% below 2014 and is the lowest result in the available series.

Balance-sheet composition

2015 in colour, 2014 as the grey bar beneath

Assets €12.64M

26.4%

73.6%

Fixed assets €3.33M ▼ 20.4%

Current assets €9.31M ▲ 11.0%

Equity and liabilities €12.64M

83.0%

11%

Equity €10.49M ▲ 0.4%

Provisions €1.40M ▲ 19.1%

Debt €751k ▼ 21.0%

Debt's share of the balance-sheet total falls from 7.6% to 5.9%. Equity is higher and debt is lower.

Key figures and ratios

2015 value · change against 2014

EBITDA

€931k▼

2014 · €1.81M

Cash flow

€920k▼

2014 · €1.84M

Current ratio

12.40▲

2014 · 8.83

ROE

0.4%▼

2014 · 8.1%

ROA

0.3%▼

2014 · 6.7%

Interest coverage

1445.34▲

2014 · 1290.25

Debt ≤ 1 year

€751k▼

2014 · €950k

Income taxes

€172▲

2014 · €157

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2015 against 2014 · 27 lines

Balance sheet Code20142015

Assets

Total assets20/58€12.57M€12.64M▲

Fixed assets21/28€4.19M€3.33M▼

Intangible fixed assets21€4k€514▼

Tangible fixed assets22/27€4.17M€3.32M▼

Financial fixed assets28€13k€13k▼

Current assets29/58€8.39M€9.31M▲

Amounts receivable within one year40/41€7.81M€8.44M▲

Cash at bank and in hand54/58€568k€864k▲

Equity and liabilities

Total equity and liabilities10/49€12.57M€12.64M▲

Equity10/15€10.45M€10.49M▲

Contributions10/11€8.80M€8.80M=

Reserves13€234k€229k▼

Profit (loss) carried forward14€1.42M€1.46M▲

Provisions and deferred taxes16€1.17M€1.40M▲

Amounts payable17/49€950k€751k▼

Amounts payable within one year42/48€950k€751k▼

Trade debts44€857k€701k▼

Income statement Code20142015

Turnover70€6.00M€4.02M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€989k€878k▼

Operating profit (loss)9901€825k€53k▼

Recurring financial income75€6k€458▼

Recurring financial charges65€11k€16k▲

Debt charges650€1k€644▼

Profit (loss) for the period before taxes9903€842k€38k▼

Income taxes67/77€157€172▲

Profit (loss) for the period9904€846k€42k▼

Profit (loss) for the period to be appropriated9905€854k€49k▼

Accounts by statement

Income statement Balance sheet Cash flow

Line	2011	2012	2013	2014	2015	Change
Turnover70	€5.62M	€5.34M	€5.76M	€6.00M	€4.02M	▼ 33.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1.02M	€996k	€1.02M	€989k	€878k	▼ 11.2%
Operating profit (loss)9901	€799k	€946k	€345k	€825k	€53k	▼ 93.6%
Recurring financial income75	€2k	€14k	€91k	€6k	€458	▼ 92.1%
Recurring financial charges65	€28k	€13k	€22k	€11k	€16k	▲ 48.0%
Debt charges650	€23k	€13k	€18k	€1k	€644	▼ 54.2%
Profit (loss) for the period before taxes9903	€773k	€882k	€414k	€842k	€38k	▼ 95.5%
Income taxes67/77	-	€507	€17	€157	€172	▲ 9.3%
Profit (loss) for the period9904	€777k	€886k	€418k	€846k	€42k	▼ 95.1%
Profit (loss) for the period to be appropriated9905	€786k	€894k	€426k	€854k	€49k	▼ 94.3%

Line	2011	2012	2013	2014	2015	Change
Assets
Total assets20/58	€10.61M	€10.98M	€11.50M	€12.57M	€12.64M	▲ 0.5%
Fixed assets21/28	€7.09M	€6.12M	€5.17M	€4.19M	€3.33M	▼ 20.4%
Intangible fixed assets21	€22	-	€7k	€4k	€514	▼ 85.9%
Tangible fixed assets22/27	€7.07M	€6.11M	€5.15M	€4.17M	€3.32M	▼ 20.4%
Financial fixed assets28	€19k	€19k	€19k	€13k	€13k	▼ 1.5%
Current assets29/58	€3.53M	€4.85M	€6.33M	€8.39M	€9.31M	▲ 11.0%
Stocks and contracts in progress3	€52k	€52k	-	-	-	-
Amounts receivable within one year40/41	€2.94M	€3.87M	€5.11M	€7.81M	€8.44M	▲ 8.0%
Current investments50/53	€350k	-	-	-	-	-
Cash at bank and in hand54/58	€174k	€884k	€1.18M	€568k	€864k	▲ 52.0%
Equity and liabilities
Total equity and liabilities10/49	€10.61M	€10.98M	€11.50M	€12.57M	€12.64M	▲ 0.5%
Equity10/15	€8.30M	€9.19M	€9.60M	€10.45M	€10.49M	▲ 0.4%
Contributions10/11	€8.80M	€8.80M	€8.80M	€8.80M	€8.80M	=
Reserves13	€183k	€186k	€199k	€234k	€229k	▼ 2.1%
Profit (loss) carried forward14	€-684k	€200k	€605k	€1.42M	€1.46M	▲ 3.3%
Provisions and deferred taxes16	€414k	€655k	€708k	€1.17M	€1.40M	▲ 19.1%
Amounts payable17/49	€1.90M	€1.14M	€1.19M	€950k	€751k	▼ 21.0%
Amounts payable after more than one year17	€100k	-	-	-	-	-
Amounts payable within one year42/48	€1.80M	€1.10M	€1.19M	€950k	€751k	▼ 21.0%
Trade debts44	€1.47M	€935k	€1.13M	€857k	€701k	▼ 18.2%

Line	2011	2012	2013	2014	2015	Change
Profit (loss) for the period9904	€777k	€886k	€418k	€846k	€42k	▼ 95.1%
+ Depreciation and write-downs630	€1.02M	€996k	€1.02M	€989k	€878k	▼ 11.2%
Operating cash flow (approximation)	€1.80M	€1.88M	€1.44M	€1.84M	€920k	▼ 49.9%
Investment in fixed assets (approximation)	-	€-31k	€-64k	€-3k	€-25k	▼ 702%
Change in cash	-	€710k	€296k	€-612k	€296k	▲ 148%

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

All 16Financial 4Gazette 2Filings 10

2016

18-10

State Gazette act General meeting · Merger

Capital increase · Purpose change

24-06

State Gazette act Board meeting · Merger

Capital increase · Accounting effect

31-05

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

31-12

Financial Weakest financial yearnet €42k ▼95.1%

Net result drops to €42k, the lowest in the series.

05-05

NBB filing Annual accounts filed

fiscal year 2014 · full schema

2014

31-12

Financial Equity above €10MEq €10.45M ▲8.8%

4 profitable years in a row build equity to €10.45M.

29-04

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

13-05

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

31-12

Financial Highest result since 2011net €886k ▲13.9%

Operating result €946k, net result €886k, both a record.

31-12

Financial Liquidity doublescurrent ratio 4.41

Current ratio from 1.96 to 4.41; short-term debt falls from €1.80M to €1.10M.

11-07

NBB filing Annual accounts filed

fiscal year 2011 · full schema

2011

27-05

NBB filing Annual accounts filed

fiscal year 2010 · full schema

Show earlier events

2010

09-06

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

10-06

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

22-05

NBB filing Annual accounts filed

fiscal year 2007 · full schema

2007

06-07

NBB filing Annual accounts filed

fiscal year 2006 · full 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:ECOTERRES

BE 0441.014.359merger by absorption · State Gazette act of 18-10-2016 (2 acts) · effective 27-09-2016