MODULOR
Open bankruptcyFinancials · financial year 2017, micro format
Turnover
≈ €130,000
Estimated: probably between €96,000 and €190,000
Total assets
€138,238▼ 72.2%
2016 · €496,688
Net result
-€37,324
2016 · €4,658
Working capital
€113,213
2016 · -€249,742
Trend over the years
2013 to 2017, 4 financial years 2013 to 2017, 4 financial years
The operating result has fallen two years in a row; 2017 is 94% below 2016 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.01m
2017
Net result-€0.04m
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.1m
2017
Equity€0.1m
2017
Debt€0.002m
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2017
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2013201520162017
Operating result€0.04m-€0.2m-€0.2m▼ 26.2%€0.01m▼ 93.9%
Net result€0.004m-€0.1m-€0.005m▼ 96.9%-€0.04m
Equity€0.2m-€0.2m-€0.2m▲ 2.8%€0.1m▼ 21.5%
Total assets€1.2m-€0.4m-€0.5m▲ 24.9%€0.1m▼ 72.2%
Debt€0.9m-€0.2m-€0.3m▲ 41.4%€0.002m▼ 99.4%
Working capital€0.02m-€0.07m--€0.2m€0.1m
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2016 Net result -97% on 2015. The previous financial year ran 21 months, this one 12.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €138,238
Fixed assets
€23,148 ▼ 94.5%
Current assets
€115,090 ▲ 57.1%
Equity and liabilities €138,238
Equity
€136,362 ▼ 21.5%
Debt
€1,876 ▼ 99.4%
Debt's share of the balance-sheet total falls from 65.0% to 1.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,613▼
2016 · €177,933
Cash flow
-€37,045▼
2016 · €14,340
Current ratio
61.34▲
2016 · 0.23
ROE
-27.4%▼
2016 · 2.7%
ROA
-27.0%▼
2016 · 0.9%
Debt ≤ 1 year
€1,876▼
2016 · €323,002
Income taxes
-€4▼
2016 · €455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,798 | €382,456 | €9,682 | €279 | ▼ 97.1% |
| Gross operating margin9900 | €94,126 | €636,083 | €178,661 | €45,830 | ▼ 74.3% |
| Operating profit (loss)9901 | €38,697 | €227,934 | €168,250 | €10,334 | ▼ 93.9% |
| Recurring financial income75 | €10,003 | €175,846 | €27 | €8 | ▼ 69.1% |
| Recurring financial charges65 | €49,179 | €89,921 | €125,316 | €47,670 | ▼ 62.0% |
| Profit (loss) for the period before taxes9903 | -€479 | €158,859 | €5,113 | -€37,328 | - |
| Income taxes67/77 | -€3,999 | €9,993 | €455 | -€4 | - |
| Profit (loss) for the period9904 | €3,521 | €148,866 | €4,658 | -€37,324 | - |
| Profit (loss) for the period to be appropriated9905 | €3,521 | €148,866 | €4,658 | -€37,324 | - |
| Line | 2013 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.2m | €0.4m | €0.5m | €0.1m | ▼ 72.2% |
| Fixed assets21/28 | €0.8m | €0.3m | €0.4m | €0.02m | ▼ 94.5% |
| Tangible fixed assets22/27 | €0.7m | €0.3m | €0.4m | €0.001m | ▼ 99.9% |
| Financial fixed assets28 | €0.1m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.4m | €0.1m | €0.07m | €0.1m | ▲ 57.1% |
| Amounts receivable within one year40/41 | €0.4m | €0.06m | €0.04m | €0.1m | ▲ 190% |
| Cash at bank and in hand54/58 | €0.006m | €0.04m | €0.04m | €0.004m | ▼ 87.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.2m | €0.4m | €0.5m | €0.1m | ▼ 72.2% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 21.5% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | - | - | - | -€0.04m | - |
| Amounts payable17/49 | €0.9m | €0.2m | €0.3m | €0.002m | ▼ 99.4% |
| Amounts payable after more than one year17 | €0.6m | €0.2m | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.03m | €0.3m | €0.002m | ▼ 99.4% |
| Trade debts44 | €0.02m | €0.009m | €0.003m | €487 | ▼ 84.2% |
| Line | 2013 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,521 | €148,866 | €4,658 | -€37,324 | - |
| + Depreciation and write-downs630 | €32,798 | €382,456 | €9,682 | €279 | ▼ 97.1% |
| Operating cash flow (approximation) | €36,319 | €531,322 | €14,340 | -€37,045 | - |
| Investment in fixed assets (approximation) | - | - | -€133,262 | €400,000 | - |
| Change in cash | - | - | -€286 | -€30,607 | ▼ 10,600% |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2017 | micro format | 24-04-2018 | 2018-10700130 |
| 30-09-2016 | abbreviated format | 24-04-2017 | 2017-09900468 |
| 30-09-2015 | abbreviated format | 21-04-2016 | 2016-10300248 |
| 31-12-2013 | abbreviated format | 20-06-2014 | 2014-20100497 |
| 31-12-2012 | abbreviated format | 08-08-2013 | 2013-40800537 |
| 31-12-2011 | abbreviated format | 19-06-2012 | 2012-19000505 |
| 31-12-2010 | abbreviated format | 19-08-2011 | 2011-41300260 |
| 31-12-2009 | abbreviated format | 24-06-2010 | 2010-21600529 |
| 31-12-2008 | abbreviated format | 24-06-2009 | 2009-29300104 |
| 31-12-2007 | abbreviated format | 26-08-2008 | 2008-62700184 |
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Of the 3,885 active companies whose main activity is activities of interior architects (NACE 71112), figures are known for 1,342. 1,054 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.