LAMOCO
Open bankruptcyFinancials · financial year 2016, abbreviated format
2016 annual accounts filed late (113 days) Filed on 21 November 2017, deadline 31 July 2017 (7 months after the close on 31 December 2016, Companies Code art. 3:10). Source: NBB, 2017-70000139.
Turnover
€1.1m▼ 7.7%
2015 · €1.1m
EBIT margin
-0.1%▼ 1.4pp
2015 · 1.4%
Net result
-€17,424
2015 · €5,270
Working capital
€49,132▼ 84.2%
2015 · €311,700
Trend over the years
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result turns negative in 2016: a loss of €868 after €15,521 in 2015.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€1.1m
2016
Operating result-€0.001m
2016
Net result-€0.02m
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.9m
2016
Equity€0.1m
2016
Debt€0.8m
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.05m
2016
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-0.1%
2016
Average staff in full-time equivalents (FTE).
Staff (FTE)12
2016
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Turnover€1.6m-€1.5m▼ 6.0%€1.3m▼ 14.5%€1.1m▼ 8.6%€1.1m▼ 7.7%
Operating result-€0.1m-€0.06m€0.005m▼ 91.5%€0.02m▲ 209%-€0.001m
Net result-€0.1m-€0.004m€0.002m▼ 53.7%€0.005m▲ 213%-€0.02m
EBIT margin-6.7%-4.0%▲ 10.7pp0.4%▼ 3.6pp1.4%▲ 1.0pp-0.1%▼ 1.4pp
Equity€0.1m-€0.2m▲ 2.4%€0.2m▲ 1.1%€0.2m▲ 3.4%€0.1m▼ 10.9%
Total assets€1.1m-€0.9m▼ 21.1%€0.9m▲ 0.5%€0.8m▼ 5.4%€0.9m▲ 15.0%
Debt€0.9m-€0.7m▼ 24.8%€0.7m▲ 0.3%€0.7m▼ 7.3%€0.8m▲ 21.3%
Working capital€0.2m-€0.3m▲ 68.1%€0.3m▲ 1.5%€0.3m▲ 17.7%€0.05m▼ 84.2%
Staff (FTE)16-14▼ 12.5%14=12▼ 14.3%12=
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €940,977
Fixed assets
€248,801 ▼ 16.2%
Current assets
€692,176 ▲ 32.7%
Equity and liabilities €940,977
Equity
€142,215 ▼ 10.9%
Debt
€798,762 ▲ 21.3%
Debt's share of the balance-sheet total rises from 80.5% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55,660▼
2015 · €73,101
Cash flow
€39,104▼
2015 · €62,850
Current ratio
1.08▼
2015 · 2.49
Quick ratio
0.95▼
2015 · 2.09
Debt to equity
1.07▼
2015 · 2.79
ROE
-12.3%▼
2015 · 3.3%
ROA
-1.9%▼
2015 · 0.6%
Debt ≤ 1 year
€643,044▲
2015 · €209,785
Debt > 1 year
€152,187▼
2015 · €445,317
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.6m | €1.5m | €1.3m | €1.1m | €1.1m | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 1.8% |
| Gross operating margin9900 | €0.8m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 17.5% |
| Operating profit (loss)9901 | -€0.1m | €0.06m | €0.005m | €0.02m | -€0.001m | - |
| Recurring financial income75 | €0.001m | €147 | €315 | €147 | €131 | ▼ 10.9% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 60.5% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.004m | €0.01m | €0.005m | -€0.02m | - |
| Income taxes67/77 | €4 | - | €0.01m | - | - | - |
| Profit (loss) for the period9904 | -€0.1m | €0.004m | €0.002m | €0.005m | -€0.02m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.004m | €0.002m | €0.005m | -€0.02m | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | ▲ 15.0% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Financial fixed assets28 | €0.002m | €356 | €356 | €356 | €356 | = |
| Current assets29/58 | €0.7m | €0.5m | €0.5m | €0.5m | €0.7m | ▲ 32.7% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.08m | €0.08m | = |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 27.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.1m | €0.1m | €0.03m | ▼ 79.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | ▲ 15.0% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 10.9% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.3m | ▲ 383% |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 15.2% |
| Amounts payable17/49 | €0.9m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 21.3% |
| Amounts payable after more than one year17 | €0.4m | €0.5m | €0.4m | €0.4m | €0.2m | ▼ 65.8% |
| Amounts payable within one year42/48 | €0.5m | €0.3m | €0.3m | €0.2m | €0.6m | ▲ 207% |
| Trade debts44 | €0.3m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 206% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€103,604 | €3,634 | €1,684 | €5,270 | -€17,424 | - |
| + Depreciation and write-downs630 | €72,306 | €65,322 | €72,369 | €57,580 | €56,528 | ▼ 1.8% |
| Operating cash flow (approximation) | -€31,298 | €68,956 | €74,053 | €62,850 | €39,104 | ▼ 37.8% |
| Investment in fixed assets (approximation) | - | €1,616 | -€51,693 | -€29,842 | -€8,573 | ▲ 71.3% |
| Change in cash | - | -€154,531 | €34,800 | €14,370 | -€111,466 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | abbreviated format | 21-11-2017 | 2017-70000139 |
| 31-12-2015 | abbreviated format | 21-11-2017 | 2017-70000143 |
| 31-12-2014 | abbreviated format | 25-06-2015 | 2015-21700200 |
| 31-12-2013 | abbreviated format | 17-07-2014 | 2014-31900080 |
| 31-12-2012 | abbreviated format | 27-08-2013 | 2013-48100378 |
| 31-12-2011 | abbreviated format | 22-08-2012 | 2012-44100147 |
| 31-12-2010 | abbreviated format | 11-08-2011 | 2011-39600253 |
| 31-12-2009 | abbreviated format | 25-08-2010 | 2010-45400375 |
| 31-12-2008 | abbreviated format | 20-08-2009 | 2009-60200056 |
| 31-12-2007 | abbreviated format | 08-09-2008 | 2008-72400359 |
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Of the 554 active companies whose main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999), figures are known for 354. 242 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.