MICROCONSULT
Dissolution or liquidationFinancials · financial year 2017, abbreviated format
2017 annual accounts filed 189 days after the deadline Filed on 5 February 2019, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2019-04400435.
Annual accounts 2017 filed on 05-02-2019 PDF all 24 filings
Equity
-€649,225▼ 10.9%
2016 · -€585,291
Total assets
€77,052▲ 0.6%
2016 · €76,596
Net result
-€63,934▼ 131%
2016 · -€27,694
Working capital
-€693,672▼ 10.2%
2016 · -€629,738
Trend over the years
2014 to 2017, 4 financial years 2014 to 2017, 4 financial years
The operating result for 2017 is a loss of €23,485, smaller than the loss of €27,639 in 2016.
Operating result-€23,485
2017
Net result-€63,934
2017
Total assets€77,052
2017
Equity-€649,225
2017
Debt€726,277
2017
Working capital-€693,672
2017
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2014201520162017
Operating result-€23,788--€22,076▲ 7.2%-€27,639▼ 25.2%-€23,485▲ 15.0%
Net result-€23,825--€22,135▲ 7.1%-€27,694▼ 25.1%-€63,934▼ 131%
Equity-€535,462--€557,597▼ 4.1%-€585,291▼ 5.0%-€649,225▼ 10.9%
Total assets€86,340-€88,020▲ 1.9%€76,596▼ 13.0%€77,052▲ 0.6%
Debt€621,802-€645,617▲ 3.8%€661,887▲ 2.5%€726,277▲ 9.7%
Working capital-€585,752--€604,710▼ 3.2%-€629,738▼ 4.1%-€693,672▼ 10.2%
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €77,052
Fixed assets
€44,447 =
Current assets
€32,605 ▲ 1.4%
Equity and liabilities
Equity-€649,225
Debt€726,277
Equity is negative. Debt (€726,277) exceeds the balance-sheet total (€77,052).
Key figures and ratios
Solvency
-842.6%▼
2016 · -764.1%
Current ratio
0.04▼
2016 · 0.05
ROA
-83.0%▼
2016 · -36.2%
Debt ≤ 1 year
€726,277▲
2016 · €661,887
Income taxes
€40,424
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,339 | €3,177 | €2,666 | - | - |
| Gross operating margin9900 | -€14,192 | -€15,539 | -€20,299 | -€18,002 | ▲ 11.3% |
| Operating profit (loss)9901 | -€23,788 | -€22,076 | -€27,639 | -€23,485 | ▲ 15.0% |
| Recurring financial charges65 | €37 | €58 | €55 | €26 | ▼ 53.0% |
| Profit (loss) for the period before taxes9903 | -€23,825 | -€22,135 | -€27,694 | -€23,510 | ▲ 15.1% |
| Income taxes67/77 | - | - | - | €40,424 | - |
| Profit (loss) for the period9904 | -€23,825 | -€22,135 | -€27,694 | -€63,934 | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | -€23,825 | -€22,135 | -€27,694 | -€63,934 | ▼ 131% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €86,340 | €88,020 | €76,596 | €77,052 | ▲ 0.6% |
| Fixed assets21/28 | €50,290 | €47,113 | €44,447 | €44,447 | = |
| Tangible fixed assets22/27 | €50,290 | €47,113 | €44,447 | €44,447 | = |
| Current assets29/58 | €36,049 | €40,907 | €32,149 | €32,605 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €34,886 | €39,992 | €30,516 | €30,116 | ▼ 1.3% |
| Cash at bank and in hand54/58 | €1,132 | €916 | €1,633 | €2,489 | ▲ 52.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €86,340 | €88,020 | €76,596 | €77,052 | ▲ 0.6% |
| Equity10/15 | -€535,462 | -€557,597 | -€585,291 | -€649,225 | ▼ 10.9% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €5,399 | €5,399 | €5,399 | €5,399 | = |
| Profit (loss) carried forward14 | -€565,650 | -€587,785 | -€615,479 | -€679,413 | ▼ 10.4% |
| Amounts payable17/49 | €621,802 | €645,617 | €661,887 | €726,277 | ▲ 9.7% |
| Amounts payable within one year42/48 | €621,802 | €645,617 | €661,887 | €726,277 | ▲ 9.7% |
| Trade debts44 | - | €2,042 | €506 | €1,010 | ▲ 99.5% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,825 | -€22,135 | -€27,694 | -€63,934 | ▼ 131% |
| + Depreciation and write-downs630 | €4,339 | €3,177 | €2,666 | - | - |
| Operating cash flow (approximation) | -€19,486 | -€18,957 | -€25,028 | -€63,934 | ▼ 155% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€216 | €718 | €856 | ▲ 19.3% |
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 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2017 | abbreviated format | 05-02-2019 | 2019-04400435 | |
| 31-12-2016 | abbreviated format | 25-10-2017 | 2017-67800249 | |
| 31-12-2015 | abbreviated format | 25-10-2017 | 2017-67800252 | |
| 31-12-2014 | abbreviated format | 03-11-2017 | 2017-69300045 | |
| 31-12-2005 | abbreviated format | 02-08-2007 | 2007-54000393 | |
| 31-12-2003 | abbreviated format | 28-06-2005 | 2005-35403342 | |
| 31-12-2002 | abbreviated format | 09-01-2004 | 2004-00700595 | |
| 31-12-2000 | abbreviated format | 02-11-2001 | 2001-67705075 | |
| 31-12-1999 | abbreviated format | 12-10-2000 | 2000-64400127 | |
| 31-12-1998 | abbreviated format | 29-09-1999 | 1999-50001555 |