KOSALISE

Inactive

KBO/BCE: BE 0467.054.604

Inactive; last annual accounts for fiscal year 2012.

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KOSALISEInactive

Risk analysis Report Compare

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 26-10-2012 was due by 26-05-2013 and was filed on 28-01-2013, 118 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2012

118 d early

2011

20 d late

2010

24 d late

2009

61 d late

2008

61 d late

2007

26 d late

2006

58 d late

← 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 2012, full schema

Turnover

€102k▼ 47.6%

2010 · €195k

2008: €171k 2009: €429k▲ +150% vs 2008highest in 4 years 2010: €195k▼ -54.5% vs 2009 2011: €102k▼ -47.6% vs 2010lowest in 4 years

2008 → 2011

EBIT margin

-275.2%▼ 319.7pp

2010 · 44.6%

2008: 36.5% 2009: 68.5%▲ +87.8% vs 2008highest in 4 years 2010: 44.6%▼ -34.9% vs 2009 2011: -275.2%▼ -717% vs 2010lowest in 4 years

2008 → 2011

Net result

€-774k▼ 124%

2011 · €-346k

2008: €-3k 2009: €94k▲ +3571% vs 2008highest in 5 years 2010: €-61k▼ -165% vs 2009 2011: €-346k▼ -468% vs 2010 2012: €-774k▼ -124% vs 2011lowest in 5 years

2008 → 2012

Working capital

€-780k▼ 19.5%

2009 · €-653k

2008: €-863klowest in 3 years 2009: €-653k▲ +24.4% vs 2008highest in 3 years 2010: €-780k▼ -19.5% vs 2009

2008 → 2010

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20082009201020112012Trend

Turnover€171k-€429k▲ 150%€195k▼ 54.5%€102k▼ 47.6% 2008: €171k 2009: €429k▲ +150% vs 2008highest in 4 years 2010: €195k▼ -54.5% vs 2009 2011: €102k▼ -47.6% vs 2010lowest in 4 years

Equity€135k-€229k▲ 69.6%€169k▼ 26.5%€-178k€960k 2008: €135k 2009: €229k▲ +69.6% vs 2008 2010: €169k▼ -26.5% vs 2009 2011: €-178k▼ -205% vs 2010lowest in 5 years 2012: €960k▲ +641% vs 2011highest in 5 years

Operating result€63k-€294k▲ 369%€87k▼ 70.4%€-281k€-158k▲ 44.0% 2008: €63k 2009: €294k▲ +369% vs 2008highest in 5 years 2010: €87k▼ -70.4% vs 2009 2011: €-281k▼ -423% vs 2010lowest in 5 years 2012: €-158k▲ +44.0% vs 2011

Net result€-3k-€94k€-61k€-346k▼ 468%€-774k▼ 124% 2008: €-3k 2009: €94k▲ +3571% vs 2008highest in 5 years 2010: €-61k▼ -165% vs 2009 2011: €-346k▼ -468% vs 2010 2012: €-774k▼ -124% vs 2011lowest in 5 years

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €158k in 2012 against €281k in 2011; the loss shrinks.

Balance-sheet composition

Equity and liabilities €1.93M

49.8%

10%

40.0%

Equity €960k

Provisions €197k

Debt €772k

Debt finances 40.0% of the balance-sheet total.

Key figures and ratios

2012 value · change against 2011

EBITDA

€-112k▲

2011 · €-226k

Cash flow

€-729k▼

2011 · €-291k

ROE

-80.7%

ROA

-40.1%▼

2011 · -21.4%

Interest coverage

-14.28▼

2011 · -6.29

Debt ≤ 1 year

€772k▲

2011 · €124k

Income taxes

€611k▲

2011 · €122

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 · 2012 against 2011 · 24 lines

Balance sheet Code20112012

Assets

Total assets20/58€1.61M€1.93M▲

Fixed assets21/28€1.61M€1.93M▲

Tangible fixed assets22/27€1.60M€1.83M▲

Financial fixed assets28€11k€103k▲

Equity and liabilities

Total equity and liabilities10/49€1.61M€1.93M▲

Equity10/15€-178k€960k▲

Contributions10/11€62k€1.97M▲

Reserves13€6k€6k=

Profit (loss) carried forward14€-246k€-1.02M▼

Provisions and deferred taxes16€134k€197k▲

Amounts payable17/49€1.66M€772k▼

Amounts payable after more than one year17€1.53M-

Amounts payable within one year42/48€124k€772k▲

Trade debts44€78k€162k▲

Income statement Code20112012

Turnover70€102k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€45k▼

Operating profit (loss)9901€-281k€-158k▲

Recurring financial income75€8k€2k▼

Recurring financial charges65€72k€8k▼

Debt charges650€36k€8k▼

Profit (loss) for the period before taxes9903€-346k€-163k▲

Income taxes67/77€122€611k▲

Profit (loss) for the period9904€-346k€-774k▼

Profit (loss) for the period to be appropriated9905€-346k€-774k▼

Accounts by statement

Income statement Balance sheet Cash flow

Line	2008	2009	2010	2011	2012	Change
Turnover70	€171k	€429k	€195k	€102k	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€65k	€55k	€55k	€55k	€45k	▼ 18.2%
Gross operating margin9900	€128k	€378k	€155k	-	-	-
Operating profit (loss)9901	€63k	€294k	€87k	€-281k	€-158k	▲ 44.0%
Recurring financial income75	€17k	€17k	€1	€8k	€2k	▼ 71.0%
Recurring financial charges65	€82k	€190k	€105k	€72k	€8k	▼ 88.9%
Debt charges650	-	-	-	€36k	€8k	▼ 78.1%
Profit (loss) for the period before taxes9903	€-3k	€121k	€-18k	€-346k	€-163k	▲ 52.8%
Income taxes67/77	-	€27k	€43k	€122	€611k	▲ 499,162%
Profit (loss) for the period9904	€-3k	€94k	€-61k	€-346k	€-774k	▼ 124%
Profit (loss) for the period to be appropriated9905	€-3k	€94k	€-61k	€-346k	€-774k	▼ 124%

Line	2008	2009	2010	2011	2012	Change
Assets
Total assets20/58	€2.02M	€1.87M	€1.78M	€1.61M	€1.93M	▲ 19.5%
Fixed assets21/28	€1.84M	€1.63M	€1.57M	€1.61M	€1.93M	▲ 19.5%
Tangible fixed assets22/27	€1.84M	€1.63M	€1.57M	€1.60M	€1.83M	▲ 13.9%
Financial fixed assets28	-	-	€1k	€11k	€103k	▲ 826%
Current assets29/58	€184k	€247k	€206k	-	-	-
Amounts receivable within one year40/41	€182k	€242k	€205k	-	-	-
Cash at bank and in hand54/58	€2k	€4k	€806	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€2.02M	€1.87M	€1.78M	€1.61M	€1.93M	▲ 19.5%
Equity10/15	€135k	€229k	€169k	€-178k	€960k	▲ 641%
Contributions10/11	€62k	€62k	€62k	€62k	€1.97M	▲ 3,084%
Reserves13	€6k	€6k	€6k	€6k	€6k	=
Profit (loss) carried forward14	€67k	€161k	€100k	€-246k	€-1.02M	▼ 315%
Provisions and deferred taxes16	-	€0	-	€134k	€197k	▲ 46.6%
Amounts payable17/49	€1.89M	€1.64M	€1.61M	€1.66M	€772k	▼ 53.4%
Amounts payable after more than one year17	€833k	€744k	€621k	€1.53M	-	-
Amounts payable within one year42/48	€1.05M	€899k	€985k	€124k	€772k	▲ 525%
Trade debts44	€13k	€12k	€3k	€78k	€162k	▲ 106%

Line	2008	2009	2010	2011	2012	Change
Profit (loss) for the period9904	€-3k	€94k	€-61k	€-346k	€-774k	▼ 124%
+ Depreciation and write-downs630	€65k	€55k	€55k	€55k	€45k	▼ 18.2%
Operating cash flow (approximation)	€62k	€149k	€-6k	€-291k	€-729k	▼ 151%
Investment in fixed assets (approximation)	-	€156k	€-1k	€-97k	€-360k	▼ 271%
Change in cash	-	€2k	€-4k	-	-	-

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 18Financial 4Gazette 4Filings 10

2013

28-01

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

03-12

State Gazette act General meeting · Merger

Capital increase · Capital

03-12

State Gazette act General meeting · Merger

Capital increase · Capital · Louis-Philippe Marcelis

26-10

Financial Weakest financial yearnet €-774k

Net result drops to €-774k, the lowest in the series.

26-10

Financial Equity above €500kEq €960k

Equity rises from €-178k to €960k.

06-09

State Gazette act Merger · Accounting effect

Real estate

06-09

State Gazette act Merger · Accounting effect

Real estate · Share issue · Louis-Philippe Marcelis

20-08

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 20 days late

2011

24-08

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 24 days late

2010

30-09

NBB filing Annual accounts filed

fiscal year 2009 · full schema · 61 days late

2009

31-12

Financial Back to profitnet €94k

Net result €94k after one loss-making year.

31-12

Financial Equity above €200kEq €229k ▲69.6%

Equity rises from €135k to €229k.

Show earlier events

30-09

NBB filing Annual accounts filed

fiscal year 2008 · full schema · 61 days late

2008

26-08

NBB filing Annual accounts filed

fiscal year 2007 · full schema · 26 days late

2007

27-09

NBB filing Annual accounts filed

fiscal year 2006 · full schema · 58 days late

2006

25-08

NBB filing Annual accounts filed

fiscal year 2005 · full schema · 25 days late

2005

30-09

NBB filing Annual accounts filed

fiscal year 2004 · full schema · 61 days late

2004

25-10

NBB filing Annual accounts filed

fiscal year 2003 · full schema · 86 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 7 acts read

About the unread acts

We know of 7 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:COFINIMMO

BE 0426.184.049State Gazette act of 03-12-2012 (4 acts) · effective 26-10-2012