MATCOM
InactiveFinancials · financial year 2015, abbreviated format
Annual accounts 2015 filed on 31-03-2016 PDF all 4 filings
Turnover
≈ €220,000
Estimated: probably between €140,000 and €430,000
Total assets
€416,928▼ 15.3%
2014 · €492,351
Net result
-€265
2014 · €131,306
Working capital
€289,976▲ 4.1%
2014 · €278,546
Multi-year overview
2012 to 2015, 4 financial yearsOperating result
€2,542
▼ 98.7%
2015
20122015
Net result
-€265
2015
20122015
Equity
€244,962
▼ 19.3%
2015
20122015
Total assets
€416,928
▼ 15.3%
2015
20122015
Debt
€171,967
▼ 8.8%
2015
20122015
Working capital
€289,976
▲ 4.1%
2015
20122015
Staff (FTE)
1.2
▼ 33.3%
2015
20122015
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2012201320142015
Operating result€133,096-€132,194▼ 0.7%€200,336▲ 51.5%€2,542▼ 98.7%
Net result€100,242-€88,678▼ 11.5%€131,306▲ 48.1%-€265
Equity€90,242-€178,921▲ 98.3%€303,726▲ 69.8%€244,962▼ 19.3%
Total assets€231,966-€311,402▲ 34.2%€492,351▲ 58.1%€416,928▼ 15.3%
Debt€141,724-€132,482▼ 6.5%€188,624▲ 42.4%€171,967▼ 8.8%
Working capital€86,907-€167,690▲ 93.0%€278,546▲ 66.1%€289,976▲ 4.1%
Staff (FTE)0.4-1.2▲ 200%1.8▲ 50.0%1.2▼ 33.3%
The operating result for 2015 is 99% lower than in 2014 and the lowest since 2012.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €416,928
Fixed assets
€48,445 ▼ 30.4%
Current assets
€368,483 ▼ 12.8%
Equity and liabilities €416,928
Equity
€244,962 ▼ 19.3%
Debt
€171,967 ▼ 8.8%
Debt's share of the balance-sheet total rises from 38.3% to 41.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23,703▼
2014 · €224,342
Cash flow
€20,896▼
2014 · €155,312
Current ratio
4.69▲
2014 · 2.93
Quick ratio
4.50▲
2014 · 2.82
Debt to equity
0.02▼
2014 · 0.13
ROE
-0.1%▼
2014 · 43.2%
ROA
-0.1%▼
2014 · 26.7%
Debt ≤ 1 year
€78,507▼
2014 · €144,198
Debt > 1 year
€4,710▼
2014 · €38,776
Income taxes
€326▼
2014 · €65,898
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,559 | €10,965 | €24,006 | €21,161 | ▼ 11.8% |
| Gross operating margin9900 | €148,477 | €205,356 | €300,855 | €79,746 | ▼ 73.5% |
| Operating profit (loss)9901 | €133,096 | €132,194 | €200,336 | €2,542 | ▼ 98.7% |
| Recurring financial income75 | €183 | €52 | €112 | €167 | ▲ 48.9% |
| Recurring financial charges65 | €1,192 | €2,452 | €3,315 | €2,647 | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €132,087 | €129,794 | €197,204 | €62 | ▼ 100.0% |
| Income taxes67/77 | €31,845 | €41,116 | €65,898 | €326 | ▼ 99.5% |
| Profit (loss) for the period9904 | €100,242 | €88,678 | €131,306 | -€265 | - |
| Profit (loss) for the period to be appropriated9905 | €100,242 | €88,678 | €131,306 | -€265 | - |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €231,966 | €311,402 | €492,351 | €416,928 | ▼ 15.3% |
| Fixed assets21/28 | €3,335 | €29,522 | €69,607 | €48,445 | ▼ 30.4% |
| Tangible fixed assets22/27 | €3,335 | €29,522 | €69,607 | €48,445 | ▼ 30.4% |
| Current assets29/58 | €228,632 | €281,880 | €422,744 | €368,483 | ▼ 12.8% |
| Stocks and contracts in progress3 | €12,903 | €12,402 | €15,458 | €15,029 | ▼ 2.8% |
| Amounts receivable within one year40/41 | €140,071 | €118,636 | €164,465 | €112,747 | ▼ 31.4% |
| Cash at bank and in hand54/58 | €74,758 | €147,746 | €238,602 | €237,112 | ▼ 0.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €231,966 | €311,402 | €492,351 | €416,928 | ▼ 15.3% |
| Equity10/15 | €90,242 | €178,921 | €303,726 | €244,962 | ▼ 19.3% |
| Contributions10/11 | €20,000 | €20,000 | €78,500 | €20,000 | ▼ 74.5% |
| Reserves13 | €67,000 | €157,000 | €207,850 | €207,850 | = |
| Profit (loss) carried forward14 | €3,242 | €1,921 | €17,376 | €17,112 | ▼ 1.5% |
| Amounts payable17/49 | €141,724 | €132,482 | €188,624 | €171,967 | ▼ 8.8% |
| Amounts payable after more than one year17 | - | €18,291 | €38,776 | €4,710 | ▼ 87.9% |
| Amounts payable within one year42/48 | €141,724 | €114,190 | €144,198 | €78,507 | ▼ 45.6% |
| Trade debts44 | €29,784 | €41,798 | €32,227 | €24,670 | ▼ 23.5% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €100,242 | €88,678 | €131,306 | -€265 | - |
| + Depreciation and write-downs630 | €2,559 | €10,965 | €24,006 | €21,161 | ▼ 11.8% |
| Operating cash flow (approximation) | €102,801 | €99,644 | €155,312 | €20,896 | ▼ 86.5% |
| Investment in fixed assets (approximation) | - | -€37,153 | -€64,090 | €0 | - |
| Change in cash | - | €72,988 | €90,856 | -€1,490 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.