NSI BELGIUM
InactiveInactive; last annual accounts for fiscal year 2009.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2009. Since then, 16 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2010 close31-07-2011 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 23-06-2010, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2009, full schema
Turnover
€3.54M▼ 3.4%
2008 · €3.67M
2007: €3.21M
2008: €3.67M
2007 → 2009
EBIT margin
2.6%▼ 0.6pp
2008 · 3.1%
2007: 6.5%
2008: 3.1%
2007 → 2009
Net result
€25k▲ 41.3%
2008 · €18k
2006: €143k
2007: €166k
2008: €18k
2006 → 2009
Working capital
€917k▼ 2.0%
2008 · €936k
2006: €645k
2007: €744k
2008: €936k
2006 → 2009
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2006200720082009Trend
Turnover€3.21M€3.67M▲ 14.3%€3.54M▼ 3.4%
Equity€477k-€643k▲ 34.8%€660k▲ 2.7%€685k▲ 3.8%
Operating result€157k-€210k▲ 34.2%€115k▼ 45.2%€91k▼ 20.5%
Net result€143k-€166k▲ 16.0%€18k▼ 89.4%€25k▲ 41.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2009 is 21% below 2008 and is the lowest result in the available series.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €2.05M
Fixed assets
€45k ▼ 19.0%
Current assets
€2.00M ▲ 24.8%
Equity and liabilities €2.05M
Equity
€685k ▲ 3.8%
Provisions
€23k ▼ 56.9%
Debt
€1.34M ▲ 41.5%
Debt's share of the balance-sheet total rises from 57.0% to 65.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109k▼
2008 · €135k
Cash flow
€42k▲
2008 · €38k
Current ratio
1.85▼
2008 · 2.40
ROE
3.6%▲
2008 · 2.7%
ROA
1.2%▲
2008 · 1.1%
Interest coverage
5.14▼
2008 · 9.02
Debt ≤ 1 year
€1.08M▲
2008 · €668k
Income taxes
€49k▲
2008 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2009 against 2008 · 28 lines
Balance sheet
Code20082009
Assets
Total assets20/58€1.66M€2.05M▲
Fixed assets21/28€55k€45k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€49k€36k▼
Financial fixed assets28€6k€6k=
Current assets29/58€1.60M€2.00M▲
Amounts receivable within one year40/41€1.31M€1.43M▲
Current investments50/53€5k€218k▲
Cash at bank and in hand54/58€274k€321k▲
Equity and liabilities
Total equity and liabilities10/49€1.66M€2.05M▲
Equity10/15€660k€685k▲
Contributions10/11€347k€347k=
Reserves13€369k€369k=
Profit (loss) carried forward14€-56k€-31k▲
Provisions and deferred taxes16€53k€23k▼
Amounts payable17/49€945k€1.34M▲
Amounts payable within one year42/48€668k€1.08M▲
Trade debts44€503k€847k▲
Income statement
Code20082009
Turnover70€3.67M€3.54M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Operating profit (loss)9901€115k€91k▼
Recurring financial income75€3k€6k▲
Recurring financial charges65€18k€21k▲
Debt charges650€15k€21k▲
Profit (loss) for the period before taxes9903€45k€74k▲
Income taxes67/77€27k€49k▲
Profit (loss) for the period9904€18k€25k▲
Profit (loss) for the period to be appropriated9905€18k€25k▲
Timeline · acts, filings and financial milestones
2010
23-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
28-05
State Gazette act
Merger
2009
26-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 26 days late
2008
31-12
Financial
Weakest financial yearnet €18k ▼89.4%
Net result drops to €18k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 55 days late
2007
31-12
Financial
Highest result since 2006net €166k ▲16%
Operating result €210k, net result €166k, both a record.
31-12
Financial
Equity above €500kEq €643k ▲34.8%
2 profitable years in a row build equity to €643k.
31-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 31 days late
2006
30-06
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
29-09
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 60 days late
2004
15-10
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 76 days late
10-05
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 10 days late
2003
31-03
NBB filing
Annual accounts filed
fiscal year 2002 · full schema
2002
04-04
NBB filing
Annual accounts filed
fiscal year 2001 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:NSI IT SOFTWARE & SERVICES