NSI-OPEN
InactiveInactive; last annual accounts for fiscal year 2019.
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 11-06-2020, 50 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
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
€10.25M▲ 4.8%
2018 · €9.78M
2018: €9.78M
2018 → 2019
EBIT margin
11.9%▲ 1.9pp
2018 · 10.0%
2018: 10.0%
2018 → 2019
Net result
€901k▲ 0.2%
2018 · €899k
2018: €899k
2018 → 2019
Working capital
€2.63M▲ 52.6%
2018 · €1.72M
2018: €1.72M
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€9.78M-€10.25M▲ 4.8%
Equity€1.50M-€2.40M▲ 60.0%
Operating result€979k-€1.22M▲ 24.4%
Net result€899k-€901k▲ 0.2%
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 24% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €7.72M
Fixed assets
€120k ▼ 41.2%
Current assets
€7.60M ▲ 32.0%
Equity and liabilities €7.72M
Equity
€2.40M ▲ 60.0%
Provisions
€200k ▲ 52.6%
Debt
€5.12M ▲ 18.2%
Debt's share of the balance-sheet total falls from 72.6% to 66.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.26M▲
2018 · €1.01M
Cash flow
€943k▲
2018 · €934k
Current ratio
1.53▲
2018 · 1.43
ROE
37.5%▼
2018 · 59.9%
ROA
11.7%▼
2018 · 15.1%
Interest coverage
1210.67▲
2018 · 18.41
Debt ≤ 1 year
€4.97M▲
2018 · €4.03M
Income taxes
€344k▲
2018 · €13k
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 · 2019 against 2018 · 26 lines
Balance sheet
Code20182019
Assets
Total assets20/58€5.96M€7.72M▲
Fixed assets21/28€204k€120k▼
Tangible fixed assets22/27€72k€82k▲
Financial fixed assets28€131k€38k▼
Current assets29/58€5.76M€7.60M▲
Amounts receivable within one year40/41€4.21M€6.01M▲
Cash at bank and in hand54/58€1.45M€1.54M▲
Equity and liabilities
Total equity and liabilities10/49€5.96M€7.72M▲
Equity10/15€1.50M€2.40M▲
Contributions10/11€1.50M€1.50M=
Reserves13€261k€261k=
Profit (loss) carried forward14€-260k€640k▲
Provisions and deferred taxes16€131k€200k▲
Amounts payable17/49€4.33M€5.12M▲
Amounts payable within one year42/48€4.03M€4.97M▲
Trade debts44€2.52M€3.13M▲
Income statement
Code20182019
Turnover70€9.78M€10.25M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€42k▲
Operating profit (loss)9901€979k€1.22M▲
Recurring financial income75€553€36k▲
Recurring financial charges65€64k€8k▼
Debt charges650€55k€1k▼
Profit (loss) for the period before taxes9903€912k€1.25M▲
Income taxes67/77€13k€344k▲
Profit (loss) for the period9904€899k€901k▲
Profit (loss) for the period to be appropriated9905€899k€901k▲
Timeline · acts, filings and financial milestones
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €2MEq €2.40M ▲60%
2 profitable years in a row build equity to €2.40M.
21-11
State Gazette act
Merger · Accounting effect
Corporate purpose · Purpose change
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
24-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
17-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
12-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
28-06
NBB filing
Annual accounts filed
fiscal year 2010 · 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