NSI-OPEN
InactiveFinancials · financial year 2019, full format
Annual accounts 2019 filed on 11-06-2020 PDF all 36 filings
Turnover
€10.3m▲ 4.8%
2018 · €9.8m
EBIT margin
11.9%▲ 1.9pp
2018 · 10.0%
Net result
€900,743▲ 0.2%
2018 · €898,554
Working capital
€2.6m▲ 52.6%
2018 · €1.7m
Trend over the years
2018 to 2019, 2 financial years 2018 to 2019, 2 financial years
The operating result for 2019 is 24% higher than in 2018.
Turnover€10.3m
2019
Operating result€1.2m
2019
Net result€0.9m
2019
Total assets€7.7m
2019
Equity€2.4m
2019
Debt€5.1m
2019
Working capital€2.6m
2019
EBIT margin11.9%
2019
Staff (FTE)80.5
2019
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.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019
Turnover€9.8m-€10.3m▲ 4.8%
Operating result€1.0m-€1.2m▲ 24.4%
Net result€0.9m-€0.9m▲ 0.2%
EBIT margin10.0%-11.9%▲ 1.9pp
Equity€1.5m-€2.4m▲ 60.0%
Total assets€6.0m-€7.7m▲ 29.5%
Debt€4.3m-€5.1m▲ 18.2%
Working capital€1.7m-€2.6m▲ 52.6%
Staff (FTE)79.9-80.5▲ 0.8%
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €7.7m
Fixed assets
€119,582 ▼ 41.2%
Current assets
€7.6m ▲ 32.0%
Equity and liabilities €7.7m
Equity
€2.4m ▲ 60.0%
Provisions
€199,825 ▲ 52.6%
Debt
€5.1m ▲ 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
€1.3m▲
2018 · €1.0m
Cash flow
€942,846▲
2018 · €933,772
Current ratio
1.53▲
2018 · 1.43
ROE
37.5%▼
2018 · 59.9%
ROA
11.7%▼
2018 · 15.1%
Interest coverage
over 100▲
2018 · 18.41
Debt ≤ 1 year
€5.0m▲
2018 · €4.0m
Income taxes
€344,364▲
2018 · €13,364
Customer credit
214 days▲
2018 · 157 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €9.8m | €10.3m | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.04m | ▲ 19.6% |
| Operating profit (loss)9901 | €1.0m | €1.2m | ▲ 24.4% |
| Recurring financial income75 | €0.001m | €0.04m | ▲ 65× |
| Recurring financial charges65 | €0.06m | €0.008m | ▼ 87.2% |
| Debt charges650 | €0.06m | €0.001m | ▼ 98.1% |
| Profit (loss) for the period before taxes9903 | €0.9m | €1.2m | ▲ 36.5% |
| Income taxes67/77 | €0.01m | €0.3m | ▲ 26× |
| Profit (loss) for the period9904 | €0.9m | €0.9m | ▲ 0.2% |
| Profit (loss) for the period to be appropriated9905 | €0.9m | €0.9m | ▲ 0.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €6.0m | €7.7m | ▲ 29.5% |
| Fixed assets21/28 | €0.2m | €0.1m | ▼ 41.2% |
| Tangible fixed assets22/27 | €0.07m | €0.08m | ▲ 13.1% |
| Financial fixed assets28 | €0.1m | €0.04m | ▼ 71.3% |
| Current assets29/58 | €5.8m | €7.6m | ▲ 32.0% |
| Amounts receivable within one year40/41 | €4.2m | €6.0m | ▲ 42.7% |
| Cash at bank and in hand54/58 | €1.4m | €1.5m | ▲ 6.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €6.0m | €7.7m | ▲ 29.5% |
| Equity10/15 | €1.5m | €2.4m | ▲ 60.0% |
| Contributions10/11 | €1.5m | €1.5m | = |
| Reserves13 | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | -€0.3m | €0.6m | - |
| Provisions and deferred taxes16 | €0.1m | €0.2m | ▲ 52.6% |
| Amounts payable17/49 | €4.3m | €5.1m | ▲ 18.2% |
| Amounts payable within one year42/48 | €4.0m | €5.0m | ▲ 23.1% |
| Trade debts44 | €2.5m | €3.1m | ▲ 24.1% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €898,554 | €900,743 | ▲ 0.2% |
| + Depreciation and write-downs630 | €35,218 | €42,103 | ▲ 19.6% |
| Operating cash flow (approximation) | €933,772 | €942,846 | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | €41,859 | - |
| Change in cash | - | €88,994 | - |
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 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | full format | 11-06-2020 | 2020-16300423 | |
| 31-12-2018 | full format | 26-04-2019 | 2019-11100514 | |
| 31-12-2017 | full format | 07-06-2018 | 2018-17900370 | |
| 31-12-2016 | full format | 14-06-2017 | 2017-17800127 | |
| 31-12-2015 | full format | 22-06-2016 | 2016-20800388 | |
| 31-12-2014 | full format | 24-06-2015 | 2015-22300077 | |
| 31-12-2013 | full format | 20-06-2014 | 2014-23600064 | |
| 31-12-2012 | full format | 17-06-2013 | 2013-18700166 | |
| 31-12-2011 | full format | 12-06-2012 | 2012-16900463 | |
| 31-12-2010 | full format | 28-06-2011 | 2011-23500582 |