KAPPERSNET
InactiveFinancials · financial year 2014, abbreviated format
Annual accounts 2014 filed on 21-10-2015 PDF all 15 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€0
2013 · €0
Total assets
€1,509▼ 92.5%
2013 · €20,005
Net result
-€3,438
2013 · €1,748
Working capital
-€13,106▼ 35.6%
2013 · -€9,668
Multi-year overview
2010 to 2014, 5 financial yearsTurnover
€0
2014
20102014
Operating result
-€2,925
▼ 308%
2014
20102014
Net result
-€3,438
2014
20102014
Equity
-€16,556
▼ 26.2%
2014
20102014
Total assets
€1,509
▼ 92.5%
2014
20102014
Debt
€14,565
▼ 50.8%
2014
20102014
Working capital
-€13,106
▼ 35.6%
2014
20102014
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20102011201220132014
Turnover€0-€0€0€0€0
Operating result€7,681--€10,252-€10,033▲ 2.1%-€716▲ 92.9%-€2,925▼ 308%
Net result€7,608-€56,061▲ 637%-€9,774€1,748-€3,438
Equity-€61,155--€5,093▲ 91.7%-€14,867▼ 192%-€13,119▲ 11.8%-€16,556▼ 26.2%
Total assets€107,691-€59,459▼ 44.8%€24,225▼ 59.3%€20,005▼ 17.4%€1,509▼ 92.5%
Debt€168,846-€61,052▼ 63.8%€35,592▼ 41.7%€29,624▼ 16.8%€14,565▼ 50.8%
Working capital-€35,980--€1,620▲ 95.5%-€11,417▼ 605%-€9,668▲ 15.3%-€13,106▼ 35.6%
The operating result for 2014 is a loss of €2,925, larger than the loss of €716 in 2013.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €1,509
Fixed assets
€50 =
Current assets
€1,459 ▼ 92.7%
Equity and liabilities
Equity-€16,556
Debt€14,565
Equity is negative. Debt (€14,565) exceeds the balance-sheet total (€1,509).
Key figures and ratios
EBITDA
-€2,925▼
2013 · -€716
Cash flow
-€3,438▼
2013 · €1,748
Debt ≤ 1 year
€14,565▼
2013 · €29,624
Income taxes
€0=
2013 · €0
The ratios are withheld because a balance sheet total of €1,509 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | €0 | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,764 | €0 | €0 | €0 | €0 | - |
| Gross operating margin9900 | €9,886 | -€2,131 | -€9,541 | €3,375 | €14,795 | ▲ 338% |
| Operating profit (loss)9901 | €7,681 | -€10,252 | -€10,033 | -€716 | -€2,925 | ▼ 308% |
| Recurring financial income75 | €647 | €385 | €2,398 | €3,452 | €0 | ▼ 100% |
| Recurring financial charges65 | €720 | €9,136 | €2,138 | €987 | €513 | ▼ 48.1% |
| Profit (loss) for the period before taxes9903 | €7,608 | €56,062 | -€9,774 | €1,748 | -€3,438 | - |
| Income taxes67/77 | €0 | €0 | €0 | €0 | €0 | - |
| Profit (loss) for the period9904 | €7,608 | €56,061 | -€9,774 | €1,748 | -€3,438 | - |
| Profit (loss) for the period to be appropriated9905 | €7,608 | €56,061 | -€9,774 | €1,748 | -€3,438 | - |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107,691 | €59,459 | €24,225 | €20,005 | €1,509 | ▼ 92.5% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €50 | = |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €0 | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €107,642 | €59,409 | €24,175 | €19,955 | €1,459 | ▼ 92.7% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €101,837 | €47,252 | €24,163 | €17,272 | €154 | ▼ 99.1% |
| Current investments50/53 | €0 | €0 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €4,793 | €12,145 | €0 | €2,672 | €1,305 | ▼ 51.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107,691 | €59,459 | €24,225 | €20,005 | €1,509 | ▼ 92.5% |
| Equity10/15 | -€61,155 | -€5,093 | -€14,867 | -€13,119 | -€16,556 | ▼ 26.2% |
| Contributions10/11 | €353,030 | €353,030 | €353,030 | €353,030 | €353,030 | = |
| Reserves13 | €0 | €0 | €0 | €0 | - | - |
| Profit (loss) carried forward14 | -€414,185 | -€358,123 | -€367,897 | -€366,149 | -€369,586 | ▼ 0.9% |
| Provisions and deferred taxes16 | €0 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Amounts payable17/49 | €168,846 | €61,052 | €35,592 | €29,624 | €14,565 | ▼ 50.8% |
| Amounts payable after more than one year17 | €0 | €0 | €0 | €0 | - | - |
| Amounts payable within one year42/48 | €143,622 | €61,029 | €35,592 | €29,624 | €14,565 | ▼ 50.8% |
| Trade debts44 | €143,622 | €61,029 | €22,715 | €17,308 | €1,755 | ▼ 89.9% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,608 | €56,061 | -€9,774 | €1,748 | -€3,438 | - |
| + Depreciation and write-downs630 | €1,764 | €0 | €0 | €0 | €0 | - |
| Operating cash flow (approximation) | €9,372 | €56,061 | -€9,774 | €1,748 | -€3,438 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €7,352 | -€12,145 | €2,672 | -€1,366 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2014 | abbreviated format | 21-10-2015 | 2015-65500059 | |
| 31-12-2013 | abbreviated format | 22-07-2014 | 2014-35300453 | |
| 31-12-2012 | abbreviated format | 08-04-2013 | 2013-08300239 | |
| 31-12-2011 | abbreviated format | 05-06-2012 | 2012-14300272 | |
| 31-12-2010 | abbreviated format | 26-05-2011 | 2011-12000246 | |
| 31-12-2009 | abbreviated format | 07-06-2010 | 2010-15000482 | |
| 31-12-2008 | abbreviated format | 05-06-2009 | 2009-18800299 | |
| 31-12-2007 | abbreviated format | 22-05-2008 | 2008-14800300 | |
| 31-12-2006 | abbreviated format | 07-06-2007 | 2007-19100046 | |
| 31-12-2005 | abbreviated format | 09-06-2006 | 2006-21104217 |